← Urban Edge Properties
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $90.8m |
$67.1m
-26.15%
|
$105.2m
+56.78%
|
$109.5m
+4.16%
|
$93.6m
-14.55%
|
$102.7m
+9.72%
|
$46.2m
-55.04%
|
$248.5m
+438.22%
|
$72.6m
-70.80%
|
$93.5m
+28.90%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | $90.7m |
$66.9m
-26.22%
|
$105.0m
+56.86%
|
$109.4m
+4.25%
|
$93.5m
-14.53%
|
$102.6m
+9.74%
|
$46.1m
-55.04%
|
$248.3m
+438.06%
|
$72.5m
-70.80%
|
$93.5m
+28.94%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $96.6m | $72.9m | $117.0m | $116.2m | $97.8m | $107.8m | $47.3m | $259.9m | $75.4m | $97.5m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $5.8m | $5.9m | $11.8m | $6.7m | $4.2m | $5.1m | $1.2m | $11.4m | $2.9m | $4.0m | — | |
| Depreciation, Depletion and Amortization | $57.2m | $82.5m | $100.1m | $93.8m | $97.8m | $94.1m | $100.8m | $112.8m | $155.0m | $139.5m | $121.7m | |
| Amortization of Debt Issuance Costs | $2.8m | $2.9m | $2.9m | $2.9m | — | — | — | $2.9m | $4.0m | $5.7m | — | |
| Amortization of Intangible Assets | $2.0m | $9.3m | $15.1m | $8.8m | $10.2m | $8.6m | $10.9m | $13.5m | $30.3m | $26.3m | — | |
| Amortization Cash Flow | — | — | — | — | — | — | ($6.7m) | ($11.6m) | ($10.1m) | ($15.1m) | — | |
| Amortization Of Intangibles | — | — | — | — | — | — | ($6.7m) | ($11.6m) | ($10.1m) | ($15.1m) | ($15.0m) | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $94.1m | $98.2m | $140.8m | $124.4m | $121.7m | |
| Deferred Income Tax Expense (Benefit) | $195k | ($974k) | $2.7m | $370k | ($44.8m) | $2.3m | $2.8m | $13.7m | ($119k) | $2.3m | — | |
| Share-based Payment Arrangement, Noncash Expense | $5.4m | $7.1m | $9.7m | $13.5m | $17.0m | $10.8m | $10.5m | $7.8m | $10.4m | $11.8m | $12.1m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $38k | $287k | $385k | $633k | $1.5m | $210k | $129k | $119k | $195k | $273k | — | |
| Asset Impairment Charge | — | — | — | — | — | — | $0 | $34.1m | $0 | $0 | $0 | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | ($17.0m) | $15.6m | ($22.6m) | ($11.7m) | ($2.5m) | |
| Increase (Decrease) in Accounts Receivable | ($78k) | $13.7m | $13.3m | ($6.7m) | $22.0m | $139k | $1.7m | ($2.8m) | $6.0m | $6.0m | ($2.2m) | |
| Change In Receivables | — | — | — | — | — | — | ($1.7m) | $2.8m | ($6.0m) | ($6.0m) | ($2.2m) | |
| Change In Other Current Liabilities | — | — | — | — | — | — | ($6.6m) | ($6.3m) | ($7.1m) | ($6.3m) | ($6.2m) | |
| Net Cash Provided by (Used in) Operating Activities | $137.2m |
$157.9m
+15.04%
|
$137.0m
-13.21%
|
$156.4m
+14.13%
|
$112.8m
-27.86%
|
$135.3m
+19.90%
|
$139.6m
+3.21%
|
$163.0m
+16.76%
|
$153.2m
-6.04%
|
$182.7m
+19.29%
|
$212.5m
+16.31%
|
|
| Cash flows from investing activities: | ||||||||||||
| Net Cash Provided by (Used in) Investing Activities | ($59.2m) | ($295.7m) | ($64.8m) | ($2.5m) | ($98.5m) | ($311.2m) | ($151.9m) | ($117.7m) | ($234.7m) | ($75.6m) | ($243.6m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | $0 | ($35.3m) | $2.5m | $0 | $34.9m | $0 | $0 | $41.1m | $21.4m | ($534k) | — | |
| Repayments of Long-term Debt | $38.5m | $129.6m | $4.3m | $5.6m | $89.3m | $18.2m | $98.3m | $693.9m | $387.4m | $213.8m | ($129.4m) | |
| Proceeds from Issuance of Long-term Debt | $0 | $935.7m | $0 | $0 | $90.2m | $117.2m | $103.4m | $469.7m | $211.0m | $123.6m | $261.1m | |
| Issuance Of Debt | — | — | — | — | — | — | $103.4m | $778.7m | $336.0m | $198.6m | $261.1m | |
| Long Term Debt Issuance | — | — | — | — | — | — | $103.4m | $778.7m | $336.0m | $198.6m | $261.1m | |
| Long Term Debt Payments | — | — | — | — | — | — | ($98.3m) | ($693.9m) | ($387.4m) | ($213.8m) | ($129.4m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $5.1m | $84.8m | ($51.4m) | ($15.2m) | $111.7m | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $5.1m | $84.8m | ($51.4m) | ($15.2m) | $131.7m | |
| Net Short Term Debt Issuance | — | — | — | — | — | $0 | $0 | $309.0m | — | — | $369.0m | |
| Repayment Of Debt | — | — | — | — | — | — | ($98.3m) | ($693.9m) | ($387.4m) | ($213.8m) | ($129.4m) | |
| Payments for Repurchase of Common Stock | — | — | — | — | $54.1m | $0 | $0 | — | — | — | — | |
| Payments of Ordinary Dividends, Common Stock | $81.2m | $95.4m | $100.2m | $106.2m | $26.6m | $124.0m | $75.1m | $75.2m | $82.9m | $95.5m | ($100.7m) | |
| Proceeds from Issuance of Common Stock | $8.9m | $348.4m | $477k | $439k | $398k | $366k | $382k | $372k | $136.6m | ($419k) | $99.3m | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($75.1m) | ($75.2m) | ($82.9m) | ($95.5m) | ($100.7m) | |
| Common Stock Issuance | — | — | — | — | — | $366k | $382k | $372k | $136.6m | ($419k) | $99.3m | |
| Common Stock Payments | — | — | — | — | — | $0 | $0 | — | — | ($419k) | ($419k) | |
| Issuance Of Capital Stock | — | — | — | — | — | $366k | $382k | $372k | $136.6m | — | $99.3m | |
| Repurchase Of Capital Stock | — | — | — | — | — | $0 | $0 | — | — | ($419k) | ($419k) | |
| Dividends Payable | — | — | — | — | $55.9m | $0 | $0 | — | — | — | — | |
| Cash Dividends Paid | — | — | — | — | — | — | ($75.1m) | ($75.2m) | ($82.9m) | ($95.5m) | ($100.7m) | |
| Net Other Financing Charges | — | — | — | — | — | — | ($9.1m) | ($9.8m) | ($4.4m) | ($7.7m) | ($15.4m) | |
| Net Cash Provided by (Used in) Financing Activities | ($115.9m) |
$498.5m
+530.26%
|
($115.6m)
-123.18%
|
($126.3m)
-9.27%
|
($80.2m)
+36.45%
|
($23.5m)
+70.68%
|
($78.8m)
-234.75%
|
$161k
+100.20%
|
($2.1m)
-1396.89%
|
($118.9m)
-5593.92%
|
($4.9m)
+95.85%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($37.8m) | $360.7m | ($43.3m) | $27.6m | ($65.9m) | ($199.4m) | ($91.1m) | $45.5m | ($83.6m) | ($11.8m) | $82.1m | |
| Beginning Cash Position | — | — | — | — | — | — | $219.8m | $128.8m | $174.2m | $90.6m | $118.2m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($37.8m) | $500.8m | $457.5m | $485.1m | $419.3m | $219.8m | $128.8m | $174.2m | $90.6m | $78.9m | $82.1m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | ($5.1m) | ($9.5m) | ($11.1m) | $64.8m | $68.1m | $58.6m | $55.7m | $69.0m | $80.7m | $72.5m | — | |
| Additional Financial Items | ||||||||||||
| Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal | — | — | $52.6m | $68.6m | $39.8m | $18.6m | $353k | $217.7m | $38.8m | $49.7m | — | |
| Environmental Remediation Expense | $1.4m | — | — | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Termination of Lease | — | — | — | $1.8m | $0 | $0 | — | — | — | — | — | |
| Gain (Loss) Related to Litigation Settlement | — | — | — | — | — | — | — | — | — | ($300k) | — | |
| General and Administrative Expense | $27.4m | $30.4m | $35.0m | $38.2m | $48.7m | $39.2m | $43.1m | $37.1m | $37.5m | $40.0m | — | |
| Income Tax Expense (Benefit) | $804k | ($278k) | $3.5m | $1.3m | ($39.0m) | $1.1m | $2.9m | $17.8m | $2.4m | $2.6m | — | |
| Investment Income, Interest | $679k | $2.2m | $8.3m | $9.8m | $2.6m | $360k | $1.1m | $3.0m | $2.7m | $2.8m | — | |
| Operating Costs and Expenses | — | — | — | — | $277.6m | $277.2m | $290.2m | $326.2m | $348.5m | $345.5m | — | |
| Operating Expenses | $193.0m | $245.3m | $292.3m | $283.8m | — | — | — | — | — | — | — | |
| Operating Lease, Expense | — | $700k | $700k | — | — | $12.9m | $12.5m | $12.6m | $13.2m | $13.2m | — | |
| Operating Lease, Lease Income | — | — | — | $384.4m | $328.3m | $422.5m | $396.4m | $406.1m | $444.5m | $470.7m | — | |
| Proceeds from Contributions from Parent | $0 | $0 | — | — | — | — | — | — | — | — | — | |
| Proceeds from Noncontrolling Interests | — | — | — | — | $5.4m | $6.2m | $1.7m | $2.0m | $4.3m | $716k | — | |
| Real Estate Tax Expense | $51.4m | $59.7m | $63.7m | $60.2m | $60.0m | $63.8m | $61.9m | $64.9m | $68.7m | $66.4m | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($78.8m) | $161k | ($2.1m) | ($118.9m) | ($4.9m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($151.9m) | ($117.7m) | ($234.7m) | ($75.6m) | ($243.6m) | |
| Change In Account Payable | — | — | — | — | — | — | ($853k) | $15.2m | ($3.4m) | $7.0m | $6.3m | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($91.1m) | $45.5m | ($83.6m) | ($11.8m) | — | |
| Change In Other Working Capital | — | — | — | — | — | — | ($8.7m) | ($8.5m) | ($6.4m) | ($8.3m) | ($5.8m) | |
| Change In Payable | — | — | — | — | — | — | ($853k) | $15.2m | ($3.4m) | $7.0m | $6.3m | |
| Change In Prepaid Assets | — | — | — | — | — | — | $854k | $12.4m | $349k | $1.8m | $5.4m | |
| Changes In Cash | — | — | — | — | — | — | ($91.1m) | $45.5m | ($83.6m) | ($11.8m) | ($36.1m) | |
| End Cash Position | — | — | — | — | — | — | $128.8m | $174.2m | $90.6m | $78.9m | $82.1m | |
| Financing Cash Flow | — | — | — | — | — | — | ($78.8m) |
$161k
+100.20%
|
($2.1m)
-1396.89%
|
($118.9m)
-5593.92%
|
($4.9m)
+95.85%
|
|
| Free Cash Flow | — | — | — | — | — | — | $139.6m | $163.0m | $153.2m | $182.7m | $212.5m | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | ($353k) | ($217.7m) | ($38.8m) | ($49.7m) | ($72.9m) | |
| Income Tax Paid Supplemental Data | — | — | — | — | — | — | $913k | $52k | $9.9m | $866k | $761k | |
| Investing Cash Flow | — | — | — | — | — | — | ($151.9m) | ($117.7m) | ($234.7m) | ($75.6m) | ($243.6m) | |
| Net Investment Properties Purchase And Sale | — | — | — | — | — | — | ($151.9m) | ($117.7m) | ($234.7m) | ($75.6m) | ($243.6m) | |
| Net PPE Purchase And Sale | — | — | — | — | — | $2.4m | $0 | $0 | — | — | $0 | |
| Operating Gains Losses | — | — | — | — | — | — | ($353k) | ($258.9m) | ($60.2m) | ($49.2m) | $836k | |
| Other Non Cash Items | — | — | — | — | — | — | $5.0m | $6.3m | $9.3m | $9.9m | — | |
| Purchase Of Investment Properties | — | — | — | — | — | — | ($152.3m) | ($430.6m) | ($295.1m) | ($140.1m) | ($243.8m) | |
| Sale Of Investment Properties | — | — | — | — | — | — | $353k | $312.9m | $60.4m | $64.5m | $121k | |
| Sale Of PPE | — | — | — | — | — | $2.4m | $0 | $0 | — | — | $0 | |
| Stock Based Compensation | — | — | — | — | — | — | $10.5m | $7.8m | $10.4m | $11.8m | $12.1m |