← 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $326.0m |
$407.0m
+24.87%
|
$414.2m
+1.75%
|
$387.6m
-6.40%
|
$330.1m
-14.85%
|
$425.1m
+28.78%
|
$397.9m
-6.39%
|
$416.9m
+4.77%
|
$445.0m
+6.73%
|
$471.9m
+6.06%
|
$495.1m
+4.91%
|
|
| General and Administrative Expense | $27.4m | $30.4m | $35.0m | $38.2m | $48.7m | $39.2m | $43.1m | $37.1m | $37.5m | $40.0m | $50.5m | |
| Amortization of Intangible Assets | $2.0m | $9.3m | $15.1m | $8.8m | $10.2m | $8.6m | $10.9m | $13.5m | $30.3m | $26.3m | — | |
| Operating Lease, Lease Income | — | — | — | $384.4m | $328.3m | $422.5m | $396.4m | $406.1m | $444.5m | $470.7m | — | |
| Operating Lease, Expense | — | $700k | $700k | — | — | $12.9m | $12.5m | $12.6m | $13.2m | $13.2m | — | |
| 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 | — | — | — | — | — | — | $345.9m | |
| Operating Income (Loss) | $133.0m |
$161.8m
+21.61%
|
$121.9m
-24.66%
|
$117.5m
-3.59%
|
$58.8m
-49.99%
|
$109.0m
+85.44%
|
$50.2m
-53.89%
|
$277.7m
+452.68%
|
$77.8m
-71.97%
|
$100.1m
+28.63%
|
$149.2m
+48.99%
|
|
| Interest Expense, Debt | $49.1m | $53.3m | $62.0m | $63.8m | $68.2m | $54.9m | $55.6m | $70.8m | $77.3m | $73.3m | $72.2m | |
| Investment Income, Interest | $679k | $2.2m | $8.3m | $9.8m | $2.6m | $360k | $1.1m | $3.0m | $2.7m | $2.8m | — | |
| Gain (Loss) Related to Litigation Settlement | — | — | — | — | — | — | — | — | — | ($300k) | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $97.4m | $72.7m | $120.5m | $117.5m | $58.8m | $109.0m | $50.2m | $277.7m | $77.8m | $100.1m | $73.0m | |
| Current Income Tax Expense (Benefit) | $609k | $696k | $815k | $917k | $5.8m | ($1.1m) | $99k | $4.1m | $2.5m | $260k | $2.5m | |
| Real Estate Tax Expense | $51.4m | $59.7m | $63.7m | $60.2m | $60.0m | $63.8m | $61.9m | $64.9m | $68.7m | $66.4m | — | |
| Income Tax Expense (Benefit) | $804k | ($278k) | $3.5m | $1.3m | ($39.0m) | $1.1m | $2.9m | $17.8m | $2.4m | $2.6m | $2.5m | |
| 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%
|
$67.9m
-27.42%
|
|
| 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%
|
$67.9m
-27.37%
|
|
| 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 | $67.9m | |
| Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest | $3k | $44k | $45k | ($25k) | $1k | $833k | ($726k) | ($520k) | ($1.1m) | ($1.0m) | $67.9m | |
| Noncontrolling Interest in Net Income (Loss) Operating Partnerships, Redeemable | $5.8m | $5.8m | $11.8m | $6.7m | $4.2m | $4.3m | $1.9m | $11.9m | $4.0m | $5.0m | — | |
| Undistributed Earnings (Loss) Allocated to Participating Securities, Basic | $114k | $155k | $184k | $92k | $62k | $47k | $23k | $200k | $65k | $58k | — | |
| Earnings Per Share, Basic | $0.91 | $0.62 | $0.92 | $0.91 | $0.79 | $0.88 | $0.39 | $2.11 | $0.60 | $0.74 | $0.53 | |
| Earnings Per Share, Diluted | $0.91 | $0.61 | $0.92 | $0.91 | $0.79 | $0.88 | $0.39 | $2.11 | $0.60 | $0.74 | $0.53 | |
| Common Stock, Dividends, Per Share, Declared | $0.82 | $0.88 | $0.88 | $0.88 | $0.68 | $0.60 | $0.64 | $0.64 | $0.68 | $0.76 | — | |
| Weighted Average Number of Shares Outstanding, Basic | 99.4m | 107.1m | 113.9m | 119.8m | 117.7m | 117.0m | 117.4m | 117.5m | 121.3m | 125.7m | 125.9m | |
| Weighted Average Number of Shares Outstanding, Diluted | 99.8m | 118.4m | 114.1m | 119.9m | 117.9m | 121.4m | 121.6m | 117.6m | 121.4m | 125.9m | 128.7m | |
| Additional Financial Items | ||||||||||||
| Business Combination, Acquisition Related Costs | $1.2m | — | — | — | — | — | — | — | — | — | — | |
| Environmental Remediation Expense | $1.4m | — | — | — | — | — | — | — | — | — | — | |
| Other Cost and Expense, Operating | — | — | — | — | — | — | — | — | — | $349k | — |