Kimco Realty Corporation (KIM) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$0.2	$0.22	+10.0%	—	$550.8M	—
Q1 26	$0.2	$0.21	+5.0%	—	—	—
Q4 25	$0.19	$0.19	0.0%	—	—	—
Q2 25	$0.18	$0.18	0.0%	—	—	—
Q1 25	$0.18	$0.18	0.0%	—	$536.6M	—
Q4 24	$0.19	$0.23	+21.1%	—	$525.4M	—
Q3 24	$0.18	$0.19	+5.6%	—	$507.6M	—
Q2 24	$0.16	$0.17	+6.3%	—	$500.2M	—
Q1 24	$0.18	$0.06	-66.7%	—	$503.8M	—
Q4 23	$0.17	$0.17	0.0%	—	$451.6M	—
Q3 23	$0.15	$0.17	+13.3%	—	$446.1M	—
Q2 23	$0.22	$0.13	-40.9%	—	$442.8M	—
Q1 23	$0.16	$0.43	+168.8%	—	$442.9M	—
Q4 22	$0.18	$0.07	-61.1%	—	$439.8M	—
Q3 22	$0.17	$0.21	+23.5%	—	$433.4M	—
Q2 22	$0.15	$0.24	+60.0%	—	$427.2M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$0.82	—	—	$2.1B	—
FY24	—	$0.55	—	—	$2B	—
FY23	—	$1.02	—	—	$1.8B	—
FY22	—	$0.16	—	—	$1.7B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$1.2B	$1.2B	$1.2B	$1.2B	$1.1B	$1.4B	$1.7B	$1.8B	$2B	$2.1B
YoY change	+0.34%	+2.57%	-3%	-0.5%	-8.71%	+29%	+26.6%	+3.22%	+14.2%	+5.06%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	1.2B	1.2B	1.2B	1.2B	1.1B	1.4B	1.7B	1.8B	2B	2.1B
Cost of revenue	329M	337.9M	328.6M	337M	343M	417.9M	530.9M	556.7M	637.7M	662.3M
Gross profit	841.8M	862.9M	836.2M	821.9M	714.9M	946.7M	1.2B	1.2B	1.4B	1.5B
Gross margin	71.9%	71.9%	71.8%	70.9%	67.6%	69.4%	69.3%	68.8%	68.7%	69.1%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	86.8M	91.7M	87.8M	96.9M	93.2M	104.1M	119.5M	136.8M	138.1M	133M
Operating expenses	258.2M	261.2M	252.1M	268.9M	267.3M	327M	119.5M	136.8M	138.1M	133M
Operating income	394.1M	404.8M	431.8M	447.1M	332.8M	447.2M	572.2M	582.6M	657.5M	717.7M
Operating margin	33.7%	33.7%	37.1%	38.6%	31.5%	32.8%	33.1%	32.7%	32.3%	33.5%
Non-operating income, net	-40.7M	27M	150.9M	42.3M	782M	502M	-301.1M	311.5M	1.5M	55.2M
Pretax income	160.8M	239.9M	399.3M	312M	927.9M	745.1M	44.3M	643.9M	351.2M	493.6M
Income tax	78.6M	-880K	1.6M	-3.3M	978K	3.4M	56.7M	61M	25.4M	—
Net income	386.1M	439.7M	498.5M	413.6M	1B	849.7M	114.5M	665.9M	419.4M	592.8M
Net margin	33%	36.6%	42.8%	35.7%	94.8%	62.3%	6.63%	37.3%	20.6%	27.7%
EBITDA	754.8M	768.2M	758.7M	736M	625.8M	862.4M	1.1B	1.1B	1.3B	1.4B
EPS	0.79	0.87	1.02	0.8	2.26	1.61	0.16	1.02	0.55	0.82
Diluted EPS	0.79	0.87	1.02	0.8	2.25	1.6	0.16	1.02	0.55	0.82

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	446.1M	451.6M	503.8M	500.2M	507.6M	525.4M	536.6M	—	—	—	—	550.8M
Cost of revenue	138.4M	144.7M	153.4M	158.2M	158M	168.1M	163.6M	161.9M	164M	172.8M	172.2M	170.4M
Gross profit	307.6M	306.9M	350.3M	342.1M	349.7M	357.3M	373M	363.3M	371.9M	369.6M	385.8M	380.4M
Gross margin	69%	68%	69.5%	68.4%	68.9%	68%	69.5%	—	—	—	—	69.1%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	33.7M	35.6M	36.3M	33.1M	33.9M	34.9M	34.4M	32.4M	29.6M	36.5M	37.2M	29.9M
Operating expenses	33.7M	35.6M	36.3M	33.1M	33.9M	34.9M	34.4M	32.4M	29.6M	36.5M	37.2M	29.9M
Operating income	146.5M	147M	159.3M	160.8M	171.1M	166.3M	180.1M	174.5M	184M	179M	192.1M	201.4M
Operating margin	32.8%	32.5%	31.6%	32.2%	33.7%	31.6%	33.6%	—	—	—	—	36.6%
Non-operating income, net	15.6M	46.1M	-44.2M	5.5M	22.5M	17.7M	560K	34.2M	946K	19.5M	14M	-6.9M
Pretax income	101.7M	125.3M	40.5M	93M	117.4M	100.3M	111.6M	139.6M	113M	129.5M	135.5M	122.1M
Income tax	-729K	-175K	72M	217K	128K	-46.9M	464K	366K	-875K	1.1M	-239K	4K
Net income	120.8M	142.1M	-10.6M	122.1M	138.4M	168M	134.5M	164.9M	140.1M	153.3M	166.3M	154M
Net margin	27.1%	31.5%	-2.1%	24.4%	27.3%	32%	25.1%	—	—	—	—	28%
EBITDA	292.3M	292.2M	326.1M	314.6M	338M	340M	350.1M	345.8M	364.9M	349.6M	359.5M	360.2M
EPS	0.18	0.22	-0.03	0.17	0.19	0.23	0.18	0.23	0.19	0.21	0.23	0.22
Diluted EPS	0.18	0.22	-0.03	0.17	0.19	0.23	0.18	0.23	0.19	0.21	0.23	0.22

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	10.5B	7.7B	6.2B	8.7B	6.5B	—	—	13.1B	15.7B	13.7B	15.1B
Enterprise value	15.4B	12.9B	10.9B	14B	10.9B	—	—	19.8B	23.6B	21.8B	23.4B
Shares outstanding	418.4M	423.6M	420.6M	420.4M	429.9M	506.2M	615.5M	616.9M	671.6M	675M	675M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	27.3	17.5	12.4	21.1	6.44	—	—	19.7	37.5	23.1	26
P/S	8.99	6.4	5.29	7.51	6.1	—	—	7.37	7.72	6.39	6.87
P/B	1.92	1.39	1.13	1.76	1.13	—	—	1.35	1.45	1.29	1.46
EV/EBITDA	20.5	16.8	14.3	19	17.4	—	—	17.5	17.9	15.6	17.5
EV/Sales	13.2	10.8	9.34	12.1	10.3	—	—	11.1	11.6	10.2	10.7
Earnings yield	3.67%	5.72%	8.09%	4.75%	15.5%	—	—	5.07%	2.67%	4.33%	3.84%
FCF yield	5.62%	7.99%	10.4%	6.7%	9.14%	—	—	8.15%	6.39%	8.19%	5.78%
PEG	—	—	—	—	—	—	—	—	—	—	-5.99

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	71.9%	71.9%	71.8%	70.9%	67.6%	69.4%	69.3%	68.8%	68.7%	69.1%	69.1%
Operating margin	33.7%	33.7%	37.1%	38.6%	31.5%	32.8%	33.1%	32.7%	32.3%	33.5%	36.6%
Net margin	33%	36.6%	42.8%	35.7%	94.8%	62.3%	6.63%	37.3%	20.6%	27.7%	27.8%
ROE	7.03%	7.94%	9.17%	8.36%	17.6%	8.39%	1.18%	6.85%	3.87%	5.61%	5.81%
ROA	3.44%	3.74%	4.53%	3.76%	8.63%	4.6%	0.64%	3.64%	2.07%	3.01%	2.37%
ROIC	1.94%	3.76%	4.23%	4.37%	3.28%	2.75%	0%	3.23%	3.26%	—	4.07%
Return on tangible assets	3.44%	3.74%	4.53%	3.76%	8.63%	4.6%	0.64%	3.64%	2.07%	3.01%	3.06%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	1.32	1.47	1.08	1.19	8.03	7.98	4.93	6.42	3.58	3.31	0.97
Quick ratio	1.32	1.47	1.08	1.19	8.03	7.98	4.93	6.42	3.58	3.31	5.23
Debt / equity	0.92	0.99	0.9	1.09	0.96	0.75	0.75	0.79	0.79	0.79	0.85
Debt / assets	0.45	0.47	0.44	0.49	0.47	0.41	0.41	0.42	0.42	0.42	0.44
Net debt / EBITDA	6.51	6.8	6.22	7.17	7.11	7.03	5.9	5.86	5.98	5.79	5.69
Interest coverage	1.84	2.25	3.18	2.76	5.96	4.65	1.2	3.57	2.14	2.49	2.49
Effective tax rate	48.9%	0%	0.4%	0%	0.11%	0.45%	100%	9.47%	7.24%	—	0%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	2.8	2.83	2.77	2.76	2.46	2.7	2.81	2.89	3.03	3.17	3.25
EPS (basic)	0.79	0.87	1.02	0.8	2.26	1.61	0.16	1.02	0.55	0.82	0.82
EPS (diluted)	0.79	0.87	1.02	0.8	2.25	1.6	0.16	1.02	0.55	0.82	0.86
Book value per share	13.1	13.1	12.9	11.8	13.2	20	15.8	15.8	16.2	15.7	15.3
FCF per share	1.42	1.45	1.52	1.39	1.37	1.22	1.4	1.74	1.5	1.66	1.75
Cash per share	0.36	0.59	0.37	0.32	2.33	3.04	1.21	1.8	1.03	0.31	1.05

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Payout ratio	122.8%	115.1%	106.3%	128.5%	37.9%	45%	475.6%	98.7%	163.5%	120.5%	119.8%
Dividend yield	4.5%	6.58%	8.6%	6.11%	5.89%	—	—	5%	4.36%	5.22%	4.98%

Yield

4.98%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.28

ex-dividend Sep 4, 2026

Payout ratio

120%

of earnings

Dividend growth

2 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Sep 4, 2026	$0.28
Jun 5, 2026	$0.26
Mar 6, 2026	$0.26

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$446.1M	$451.6M	$503.8M	$500.2M	$507.6M	$525.4M	$536.6M	—	—	—	—	$550.8M
YoY change	+2.92%	+2.68%	+13.7%	+13%	+13.8%	+16.3%	+6.53%	—	—	—	—	—

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	150.6M	251.8M	153.9M	133.3M	999.9M	1.5B	744.7M	1.1B	690.9M	211.6M
Receivables	181.8M	189.8M	184.5M	218.7M	178.4M	183.7M	225.4M	242.6M	257.6M	281.4M
Inventory	—	—	—	—	—	—	—	—	—	—
Total current assets	355.6M	463.4M	328.1M	352M	1.2B	1.8B	1.1B	1.4B	1B	965.7M
Property, plant & equipment	—	—	—	99.1M	102.4M	147.5M	133.7M	128.3M	126.4M	127.6M
Goodwill & intangibles	—	—	—	—	—	—	—	—	—	—
Total assets	11.2B	11.8B	11B	11B	11.6B	18.5B	17.8B	18.3B	20.3B	19.7B
Accounts payable	145.8M	185.7M	174.9M	170.1M	146.5M	220.3M	207.8M	216.2M	281.9M	291.5M
Short-term debt	—	—	—	—	—	—	—	—	—	—
Total current liabilities	270.3M	314.6M	305.2M	296.4M	151.8M	225.7M	213.1M	221.5M	288.3M	291.5M
Long-term debt	5.1B	5.5B	4.9B	5.4B	5.5B	7.6B	7.3B	7.7B	8.6B	8.3B
Total liabilities	5.7B	6.2B	5.6B	6.1B	5.9B	8.3B	8.1B	8.5B	9.5B	9.1B
Shareholders' equity	5.5B	5.5B	5.4B	4.9B	5.7B	10.1B	9.7B	9.7B	10.8B	10.6B
Total debt	5.1B	5.5B	4.9B	5.4B	5.5B	7.6B	7.3B	7.7B	8.6B	8.3B
Net debt	4.9B	5.2B	4.7B	5.3B	5.2B	7.3B	7.1B	6.9B	7.9B	8.1B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	748.2M	1.1B	136.1M	128M	791.3M	690.9M	131.3M	226.6M	159.3M	211.6M	168.4M	699.2M
Receivables	221.7M	242.6M	242.8M	243.6M	237.8M	257.6M	257.2M	260.2M	266.4M	281.4M	290M	289.4M
Inventory	—	—	—	—	—	—	—	—	—	—	—	—
Total current assets	1B	1.4B	449.4M	436M	1.1B	1B	893.7M	1B	1.1B	965.7M	960.1M	1.5B
Property, plant & equipment	128.5M	128.3M	132.7M	131.1M	130.9M	126.4M	124.9M	130.8M	129.2M	127.6M	127.6M	126M
Goodwill & intangibles	—	—	—	—	—	—	—	—	—	—	—	—
Total assets	18B	18.3B	19.5B	19.5B	20.1B	20.3B	19.7B	19.8B	19.9B	19.7B	19.6B	20B
Accounts payable	261.7M	216.2M	239.7M	251.7M	309.3M	281.9M	257.5M	257.3M	316.5M	291.5M	254.3M	283.7M
Short-term debt	—	—	—	—	—	—	—	—	36.6M	—	—	—
Total current liabilities	267M	221.5M	246.4M	258.5M	316M	288.3M	263.9M	263.7M	359.5M	291.5M	254.3M	283.7M
Long-term debt	7.2B	7.7B	7.7B	7.8B	8.4B	8.6B	8.1B	8.3B	8.3B	8.3B	8.3B	8.9B
Total liabilities	8.1B	8.5B	8.6B	8.7B	9.4B	9.5B	9B	9.1B	9.2B	9.1B	9B	9.6B
Shareholders' equity	9.8B	9.7B	10.8B	10.8B	10.7B	10.8B	10.8B	10.7B	10.7B	10.6B	10.5B	10.4B
Total debt	7.2B	7.7B	7.7B	7.8B	8.4B	8.6B	8.1B	8.3B	8.3B	8.3B	8.3B	8.9B
Net debt	6.8B	6.9B	7.6B	7.7B	7.6B	7.9B	8B	8.1B	8.2B	8.1B	8.1B	8.2B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	386.1M	439.7M	498.5M	413.6M	1B	849.7M	114.5M	665.9M	419.4M	592.8M
Depreciation & amortization	355.3M	360.8M	310.4M	277.9M	266.4M	395.3M	505M	507.3M	603.7M	596.3M
Stock-based compensation	19.1M	21.6M	18.2M	20.2M	23.7M	23.1M	26.6M	33.1M	34.9M	33.2M
Change in working capital	-48.4M	-47.9M	-49.5M	-88.7M	-16M	51.2M	-33.3M	-1.4M	-16.4M	-12.8M
Operating cash flow	767.1M	775M	777.6M	622.9M	1.3B	1.3B	536.8M	1.2B	992.5M	1.1B
Capital expenditure	—	—	—	—	—	—	—	—	—	—
Investing cash flow	178M	15.3M	23.4M	918K	192.5M	-217.6M	322M	263.2M	87.6M	80.6M
Dividends paid	-474M	-506.2M	-529.8M	-531.6M	-379.9M	-382.1M	-544.7M	-657.5M	-685.9M	-714.6M
Share repurchases	0	-225M	-75.1M	-575M	0	0	-3.4M	-1.5M	-26.7M	-123.8M
Financing cash flow	-778.1M	-241M	-986.5M	-482.8M	-587.4M	-101.1M	-982.7M	-300.7M	-765.3M	-1.2B
Net change in cash	167.1M	549.2M	-185.5M	141M	894.3M	953.7M	-123.9M	1.1B	314.9M	-7.5M
Free cash flow	592.1M	614.2M	637.9M	583.6M	589.9M	618.9M	861.1M	1.1B	1B	1.1B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	120.8M	142.1M	-9M	122.1M	138.4M	168M	134.5M	164.9M	140.1M	153.3M	166.3M	154M
Depreciation & amortization	137.4M	124.3M	148.8M	148.1M	144.7M	156.1M	158.5M	156.3M	170.9M	123.3M	156.5M	128.9M
Stock-based compensation	7.9M	7.7M	10M	8.2M	8.1M	8.5M	6.7M	11.6M	6.9M	7.9M	12.7M	6.1M
Change in working capital	-7.5M	-832K	-4.1M	19.4M	-28.4M	-3.3M	-29.1M	12.5M	-12.1M	-7.7M	-32.7M	15.2M
Operating cash flow	236.9M	262.7M	137.6M	287.7M	251.3M	316M	259.1M	305.4M	332.4M	258.4M	243M	345.3M
Capital expenditure	—	—	—	—	—	—	—	—	—	—	—	—
Investing cash flow	-4.2M	13.3M	180.5M	-141.8M	13.4M	26.4M	26.5M	-17.3M	-228.5M	253.7M	47.4M	38.3M
Dividends paid	-148.9M	-210.8M	-168.3M	-169.7M	-169.7M	-178.1M	-177.5M	-176.8M	-176.8M	-183.4M	-182.9M	-182.9M
Share repurchases	0	0	0	0	-5K	-26.7M	-2.8M	-59.5M	0	-61.5M	-462K	-104.7M
Financing cash flow	-154.5M	230.3M	-1B	33.7M	447.9M	-97.3M	-650.5M	12.5M	-193.2M	-268.5M	-237.7M	270.2M
Net change in cash	78.2M	506.4M	-706.4M	179.6M	712.6M	245.1M	-364.9M	300.6M	-89.3M	243.6M	52.7M	653.8M
Free cash flow	281.1M	190.2M	176.1M	294.1M	295.9M	239.5M	223.8M	305.4M	332.4M	258.4M	243M	345.3M

Date	Ratio
Aug 24, 2005	2:1
Dec 24, 2001	3:2
Dec 22, 1995	3:2

Kimco Realty Corporation Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history