For the year ending 2025-12-31, KIM-PM made $2,140,116K in revenue. $554,430K in net income. Net profit margin of 25.91%.
| Income Statement | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Total revenues | 2,140,116 | 2,037,014 | 1,783,400 | 1,727,684 |
| Rent | 16,776 | 16,837 | 15,997 | 15,811 |
| Real estate taxes | 277,478 | 261,700 | 231,578 | 224,729 |
| Operating and maintenance | 368,080 | 359,116 | 309,143 | 290,367 |
| General and administrative | 133,015 | 138,140 | 136,807 | 119,534 |
| Impairment charges | 9,517 | 4,476 | 14,043 | 21,958 |
| Merger charges | 0 | 25,246 | 4,766 | 0 |
| Depreciation and amortization | 627,090 | 603,685 | 507,265 | 505,000 |
| Total operating expenses | 1,431,956 | 1,409,200 | 1,219,599 | 1,177,399 |
| Gain on sale of properties | 62,663 | 1,274 | 74,976 | 15,179 |
| Operating income | 770,823 | 629,088 | 638,777 | 565,464 |
| Special dividend income | 0 | 0 | 194,116 | - |
| Other income, net | 2,047 | 57,605 | 39,960 | 28,829 |
| (loss)/gain on marketable securities, net | - | - | - | -315,508 |
| Mortgage and other financing income, net | 50,958 | - | - | - |
| Gain on sale of cost method investment | - | - | - | 0 |
| Gain/(loss) on marketable securities, net | 3 | -27,679 | 21,262 | - |
| Interest expense | 330,196 | 307,806 | 250,201 | 226,823 |
| Early extinguishment of debt charges | - | 0 | 0 | -7,658 |
| Income before income taxes, net, equity in income of joint ventures, net, and equity in income from other investments, net | 493,635 | 351,208 | 643,914 | 44,304 |
| Provision for income taxes, net | 1,046 | 25,417 | 60,952 | 56,654 |
| Equity in income, net-Joint Ventures | - | - | 72,278 | 109,481 |
| Equity in income of joint ventures, net | 96,781 | 83,827 | - | - |
| Equity in income, net-Other Real Estate Investments | - | - | 10,709 | 17,403 |
| Equity in income of other investments, net | 3,440 | 9,821 | - | - |
| Net income | 592,810 | 419,439 | 665,949 | 114,534 |
| Net income attributable to noncontrolling interests | 8,069 | 8,654 | 11,676 | -11,442 |
| Net income attributable to the company | 584,741 | 410,785 | 654,273 | 125,976 |
| Preferred unit redemption charges | 0 | 3,304 | - | - |
| Preferred dividends | - | - | - | 25,218 |
| Preferred distributions, net | 30,311 | 31,763 | 25,021 | - |
| Net income available to the company's common shareholders | 554,430 | 375,718 | 629,252 | 100,758 |
| Basic Average Shares | 675,050,000 | 671,561,000 | 616,947,000 | 615,528,000 |
| Diluted Average Shares | 675,279,000 | 672,136,000 | 618,199,000 | 617,858,000 |
KIMCO REALTY CORP (KIM-PM)
KIMCO REALTY CORP (KIM-PM)