For the year ending 2025-12-31, SITC made $123,649K in revenue. $177,861K in net income. Net profit margin of 143.84%.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Total revenue from operations | 123,649 | 277,467 | ||
| Operating and maintenance | 24,644 | 55,372 | ||
| Real estate taxes | 15,909 | 40,292 | ||
| Depreciation and amortization | - | 101,344 | ||
| Impairment charges | 114,070 | 66,600 | ||
| General and administrative | 39,843 | 47,080 | ||
| Depreciation and amortization | 44,809 | - | ||
| Total rental operation expenses | 239,275 | 310,688 | ||
| Interest expense | 15,310 | 59,463 | ||
| Interest income | 3,772 | 31,620 | ||
| Debt extinguishment costs | 10,315 | 42,822 | ||
| Gain on debt retirement | 0 | 1,037 | ||
| (loss) gain on equity derivative instruments | 0 | -4,412 | ||
| Transaction costs and other expense | 3,877 | 2,184 | ||
| Total other income (expense) | -25,730 | -76,224 | ||
| (loss) income before earnings from discontinued operations, equity method investments and other items | -141,356 | -109,445 | ||
| Equity in net (loss) income of joint ventures | -781 | 82 | ||
| Gain on disposition of real estate, net | - | 633,219 | ||
| Gain on sale and change in control of interests, net | 0 | 2,669 | ||
| Gain on disposition of real estate, net | 319,772 | - | ||
| Income before tax benefit (expense) | 177,635 | 526,525 | ||
| Tax benefit (expense) of taxable reit subsidiaries and state franchise and income taxes | -226 | 761 | ||
| Income from continuing operations | 177,861 | 525,764 | ||
| Income from discontinued operations | 0 | 6,060 | ||
| Net income | 177,861 | 531,824 | ||
| Income attributable to non-controlling interests, net | 0 | - | ||
| Net income attributable to site centers | 177,861 | 531,824 | ||
| Write-off of preferred share original issuance costs | 0 | 6,155 | ||
| Preferred dividends | 0 | 9,638 | ||
| Net income attributable to common shareholders | 177,861 | 516,031 | ||
| Basic EPS | 3.36 | 9.81 | ||
| Diluted EPS | 3.36 | 9.77 | ||
| Basic Average Shares | 52,446,000 | 52,393,000 | ||
| Diluted Average Shares | 52,446,000 | 52,584,000 | ||
SITE Centers Corp. (SITC)
SITE Centers Corp. (SITC)