SITE Centers Corp. (SITC) 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 %
Q4 25	-$0.16	$2.55	+1693.8%	—	$20.5M	—
Q3 25	-$0.19	-$0.13	+31.6%	—	$27.1M	—
Q2 25	-$0.21	$0.88	+519.0%	—	$33.5M	—
Q1 25	-$0.11	-$0.08	+27.3%	—	$42.6M	—
Q4 24	-$0.41	-$0.11	+73.2%	—	-$51.1M	—
Q3 24	-$0.16	$0.18	+212.5%	—	$90.8M	—
Q2 24	$0.15	$0.25	+66.7%	—	$115.7M	—
Q1 24	$0.07	$0.31	+342.9%	—	$122.1M	—
Q4 23	$0.14	$0.13	-7.1%	—	$124.7M	—
Q3 23	$0.01	$0.22	+2100.0%	—	$144.8M	—
Q2 23	$0.15	$0.1	-33.3%	—	$138.2M	—
Q1 23	$0.16	$0.25	+56.3%	—	$138.7M	—
Q4 22	$0.16	$0.19	+18.8%	—	$138.5M	—
Q3 22	$0.15	$0.71	+373.3%	—	$138.8M	—
Q2 22	$0.16	$0.3	+87.5%	—	$140.7M	—
Q1 22	$0.15	$0.22	+46.7%	—	$134.3M	—

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	—	$3.36	—	—	$123.6M	—
FY24	—	$9.81	—	—	$277.5M	—
FY23	—	$4.84	—	—	$546.3M	—
FY22	—	$2.96	—	—	$552.4M

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	$1B	$913.1M	$700.4M	$507.1M	$460.3M	$532.9M	$552.4M	$546.3M	$277.5M	$123.6M
YoY change	-2.17%	-9.22%	-23.3%	-27.6%	-9.22%	+15.8%	+3.66%	-1.1%	-49.2%	-55.4%

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	1B	913.1M	700.4M	507.1M	460.3M	532.9M	552.4M	546.3M	277.5M	123.6M
Cost of revenue	292.1M	263.7M	208M	139.7M	138.4M	152.8M	170M	165.7M	95.7M	40.6M
Gross profit	713.7M	649.3M	492.4M	367.4M	321.9M	380.1M	382.4M	380.6M	181.8M	83.1M
Gross margin	71%	71.1%	70.3%	72.5%	69.9%	71.3%	69.2%	69.7%	65.5%	67.2%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	61.1M	77M	61.6M	58.4M	52.9M	55.1M	46.6M	50.9M	47.1M	39.8M
Operating expenses	61.1M	138M	73.1M	73.9M	72.3M	55.1M	46.6M	50.9M	47.1M	39.8M
Operating income	263.1M	226.1M	188.6M	144M	98.4M	139.3M	132.3M	117.2M	33.4M	-1.6M
Operating margin	26.2%	24.8%	26.9%	28.4%	21.4%	26.1%	23.9%	21.5%	12%	-1.26%
Non-operating income, net	-19.6M	-296.5M	49.2M	25.2M	5.1M	64.1M	115M	232.5M	521M	190.7M
Pretax income	63M	-230.7M	117M	102.5M	37.7M	127M	169.6M	267.8M	526.5M	177.6M
Income tax	1.8M	12.4M	862K	659K	1.1M	1.6M	816K	2M	761K	-226K
Net income	61.2M	-243.1M	116.1M	101.8M	36.6M	125.4M	168.8M	265.7M	531.8M	177.9M
Net margin	6.08%	-26.6%	16.6%	20.1%	7.95%	23.5%	30.6%	48.6%	191.7%	143.8%
EBITDA	705.4M	480.5M	338.2M	323.4M	244.7M	371.1M	361.2M	339.5M	196M	46.2M
EPS	0.8	-5.92	1.72	1.32	0.32	2.04	2.96	4.84	9.81	3.36
Diluted EPS	0.8	-5.92	1.72	1.32	0.32	2.04	2.92	4.84	9.77	3.36

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	144.8M	124.7M	122.1M	115.7M	90.8M	-51.1M	42.6M	33.5M	27.1M	20.5M	13M	—
Cost of revenue	41.5M	38.2M	37.3M	35.4M	28.4M	-5.4M	11.9M	11.1M	9.4M	8.2M	4.9M	—
Gross profit	103.2M	86.4M	84.8M	80.3M	62.4M	-45.7M	30.8M	22.3M	17.7M	12.3M	8.1M	—
Gross margin	71.3%	69.3%	69.5%	69.4%	68.8%	89.5%	72.2%	66.7%	65.3%	60.1%	62.1%	—
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	11.3M	14.9M	11.1M	12.7M	15.1M	8.2M	9.4M	9.4M	10.3M	10.7M	8.9M	—
Operating expenses	11.3M	14.9M	11.1M	12.7M	15.1M	8.2M	9.4M	9.4M	10.3M	10.7M	8.9M	—
Operating income	39.1M	24.6M	30.6M	27.1M	13M	-37.4M	8.1M	-16K	-3.4M	-6.3M	-5.8M	—
Operating margin	27%	19.7%	25.1%	23.4%	14.4%	73.2%	19.1%	-0.05%	-12.4%	-30.8%	-44.8%	—
Non-operating income, net	30.9M	193.1M	-42.3M	221.3M	312.8M	29.2M	315K	51.3M	-41K	139.2M	5.4M	—
Pretax income	48.9M	197.7M	-23.3M	238.5M	323.2M	-11.9M	3.2M	46.7M	-6M	133.7M	756K	—
Income tax	236K	1.2M	252K	281K	199K	29K	149K	179K	190K	-744K	-182K	—
Net income	48.6M	196.4M	-23.6M	238.2M	323M	-5.8M	3.1M	46.5M	-6.2M	134.4M	938K	—
Net margin	33.6%	157.6%	-19.3%	206%	355.8%	11.4%	7.24%	138.9%	-22.7%	657.2%	7.21%	—
EBITDA	91.8M	76.8M	77M	62.2M	37.8M	8.6M	21M	12.2M	8.3M	2.6M	-773K	—
EPS	0.87	3.68	-0.52	4.48	6.09	-0.25	0.06	0.88	-0.13	2.55	0.02	-0.03
Diluted EPS	0.87	3.68	-0.52	4.44	6.07	-0.25	0.06	0.88	-0.13	2.55	0.02	-0.03

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	4.6B	2.7B	2B	2.5B	1.9B	3.3B	560.9M	556.8M	801.1M	336.7M	148.5M
Enterprise value	9B	6.4B	4B	4.4B	3.9B	4.9B	2.2B	1.6B	1B	217.7M	-91.5M
Shares outstanding	45.7M	45.9M	46.1M	45.8M	48.3M	52M	53.2M	52.4M	52.4M	52.4M	52.4M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	74.4	—	17.4	24.9	52.9	25.9	3.32	2.1	1.51	1.89	1.17
P/S	4.52	2.94	2.88	5	4.2	6.11	1.02	1.02	2.89	2.72	2.12
P/B	1.4	0.93	0.97	1.28	0.99	1.59	0.27	0.26	1.55	1.01	0.53
EV/EBITDA	12.8	13.4	11.8	13.5	16.1	13.2	6.22	4.81	5.35	4.71	-27.1
EV/Sales	8.96	7.06	5.7	8.62	8.54	9.18	4.07	2.99	3.78	1.76	-1.31
Earnings yield	1.34%	—	5.75%	4.01%	1.89%	3.85%	30.1%	47.7%	66.4%	52.8%	85.2%
FCF yield	10.1%	15.3%	13%	10.7%	9.83%	8.68%	45.9%	42.8%	14%	5.83%	-19.6%
PEG	—	—	—	—	—	—	—	—	—	—	-0.01

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	71%	71.1%	70.3%	72.5%	69.9%	71.3%	69.2%	69.7%	65.5%	67.2%	53.7%
Operating margin	26.2%	24.8%	26.9%	28.4%	21.4%	26.1%	23.9%	21.5%	12%	-1.26%	-76.4%
Net margin	6.08%	-26.6%	16.6%	20.1%	7.95%	23.5%	30.6%	48.6%	191.7%	143.8%	182.8%
ROE	1.89%	-8.39%	5.6%	5.14%	1.88%	6.14%	8.07%	12.2%	102.9%	53.1%	33.3%
ROA	0.75%	-3.39%	2.76%	2.49%	0.89%	3.16%	4.17%	6.54%	57%	42.5%	-2.28%
ROIC	3.32%	3.4%	4.63%	3.75%	2.42%	3.74%	3.48%	3.58%	4.37%	-0.72%	-52.8%
Return on tangible assets	0.79%	-3.57%	2.87%	2.56%	0.93%	3.32%	4.36%	6.77%	58.6%	44.1%	35.2%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	0.53	0.7	0.44	0.37	0.69	0.47	0.42	2.57	0.88	1.7	3.62
Quick ratio	0.53	0.7	0.44	0.37	0.69	0.47	0.42	2.57	0.88	1.7	3.06
Debt / equity	1.38	1.33	0.96	0.93	1.06	0.82	0.82	0.75	0.58	—	0.02
Debt / assets	0.55	0.54	0.47	0.45	0.5	0.42	0.42	0.4	0.32	—	—
Net debt / EBITDA	6.33	7.82	5.83	5.68	8.17	4.41	4.67	3.16	1.26	—	-5.17
Interest coverage	1.29	-0.22	1.83	2.21	1.49	2.66	3.18	4.27	9.85	12.6	29.7
Effective tax rate	2.83%	0%	0.74%	0.64%	3%	1.22%	0.48%	0.76%	0.14%	0%	0%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	22	19.9	15.2	11.1	9.52	10.2	10.4	10.4	5.3	2.36	1.33
EPS (basic)	0.8	-5.92	1.72	1.32	0.32	2.04	2.96	4.84	9.81	3.36	3.36
EPS (diluted)	0.8	-5.92	1.72	1.32	0.32	2.04	2.92	4.84	9.77	3.36	2.41
Book value per share	71.1	63.1	44.9	43.3	40.2	39.3	39.3	41.5	9.86	6.38	5.38
FCF per share	10.1	8.94	5.71	5.9	3.93	5.43	4.83	4.56	2.14	0.37	-0.34
Cash per share	0.67	2.02	0.24	0.35	1.44	0.8	0.38	10.5	1.04	2.27	4.55

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Payout ratio	480.2%	-125.8%	242.3%	177.5%	268.8%	79.4%	71.1%	45.4%	24.1%	—	0%
Dividend yield	6.46%	11.4%	13.9%	7.12%	5.09%	3.06%	21.4%	21.6%	16%	—	140.6%

Yield

140.6%

trailing twelve months

Frequency

Quarterly

Last dividend

$1.00

ex-dividend Aug 3, 2026

Payout ratio

of earnings

Dividend growth

1 year

consecutive annual raises

Dividend per share

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

Recent payouts

Ex-dividend	Amount
Aug 3, 2026	$1.00
Dec 15, 2025	$1.00
Oct 31, 2025	$1.00

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	$144.8M	$124.7M	$122.1M	$115.7M	$90.8M	-$51.1M	$42.6M	$33.5M	$27.1M	$20.5M	$13M	—
YoY change	+4.26%	-9.99%	-12%	-16.3%	-37.3%	-141%	-65.1%	-71.1%	-70.1%	+140.1%	-69.5%	—

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	30.4M	92.6M	11.1M	16.1M	69.7M	41.8M	20.3M	552M	54.6M	119M
Receivables	121.4M	108.7M	67.3M	60.6M	73.5M	61.4M	63.9M	65.6M	27.2M	13.9M
Inventory	—	—	—	—	—	—	—	—	—	—
Total current assets	242.9M	297.6M	110.4M	97.5M	159.1M	116.2M	103.2M	667.2M	101.2M	142.4M
Property, plant & equipment	—	—	—	21.8M	20.6M	19M	18.2M	17.4M	15.8M	14.7M
Goodwill & intangibles	483.2M	364.8M	154.8M	116M	180.8M	188.1M	175.5M	138M	25.9M	15M
Total assets	8.2B	7.2B	4.2B	4.1B	4.1B	4B	4B	4.1B	933.6M	418.7M
Accounts payable	382.3M	344.8M	203.7M	220.8M	215.1M	218.8M	215M	195.7M	115.5M	84M
Short-term debt	—	—	100M	5M	135M	—	—	—	—	—
Total current liabilities	457.5M	423.3M	248.9M	264.8M	230M	247M	245.4M	259.5M	115.5M	84M
Long-term debt	4.5B	3.8B	1.9B	1.8B	1.9B	1.7B	1.7B	1.6B	301.4M	—
Total liabilities	5B	4.3B	2.1B	2.1B	2.2B	1.9B	2B	1.9B	416.9M	84M
Shareholders' equity	3.2B	2.9B	2.1B	2B	1.9B	2B	2.1B	2.2B	516.7M	334.8M
Total debt	4.5B	3.8B	2B	1.9B	2.1B	1.7B	1.7B	1.6B	301.4M	—
Net debt	4.5B	3.8B	2B	1.8B	2B	1.6B	1.7B	1.1B	246.8M	—

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	26.6M	552M	551.3M	1.2B	1.1B	54.6M	58.2M	153.8M	128.2M	119M	193.5M	238.9M
Receivables	65.2M	65.6M	57.2M	48.2M	38.8M	27.2M	30.2M	20.1M	16.1M	13.9M	11.3M	8.1M
Inventory	—	—	—	—	—	—	—	—	—	—	—	—
Total current assets	153.5M	667.2M	655.3M	1.3B	1.1B	101.2M	108.8M	190.3M	161.6M	142.4M	214.2M	253.7M
Property, plant & equipment	17.7M	17.4M	17.1M	16.4M	16.1M	15.8M	15.5M	15.3M	15M	14.7M	10.3M	4.1M
Goodwill & intangibles	148.9M	138M	123.8M	152.1M	154M	25.9M	24.1M	22.7M	21.2M	15M	3.7M	1.7M
Total assets	4B	4.1B	3.9B	4B	3.1B	933.6M	929.8M	959M	654M	418.7M	401.9M	365.3M
Accounts payable	208.2M	195.7M	173.2M	167.7M	171.5M	115.5M	108.5M	73.6M	68.3M	84M	66M	30.3M
Short-term debt	—	—	—	—	—	—	—	—	—	—	—	—
Total current liabilities	238.3M	259.5M	203.4M	197.8M	174.3M	115.5M	108.5M	183.9M	97M	84M	66M	83M
Long-term debt	1.7B	1.6B	1.6B	1.5B	300.8M	301.4M	301.6M	288.4M	248.7M	—	—	—
Total liabilities	2B	1.9B	1.8B	1.7B	475.2M	416.9M	410.1M	472.4M	345.7M	84M	66M	83M
Shareholders' equity	2B	2.2B	2.1B	2.3B	2.7B	516.7M	519.6M	486.7M	308.3M	334.8M	335.9M	282.3M
Total debt	1.7B	1.6B	1.6B	1.5B	300.8M	301.4M	301.6M	288.4M	248.7M	—	—	—
Net debt	1.7B	1.1B	1B	332.3M	-762.2M	246.8M	243.5M	134.7M	120.5M	—	—	—

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	61.2M	-243.1M	116.1M	101.8M	36.6M	125.4M	168.8M	265.7M	531.8M	177.9M
Depreciation & amortization	389.5M	346.2M	242.1M	165.1M	170.7M	185.8M	203.5M	212.5M	130.9M	44.8M
Stock-based compensation	7.8M	11.5M	7.5M	9.9M	8.8M	13.5M	7.2M	7.6M	6.8M	1.4M
Change in working capital	-21.3M	-17M	-9.5M	6M	-16.1M	16.6M	-7.7M	-17.5M	-14.7M	-638K
Operating cash flow	439.3M	96.4M	338.6M	286.7M	201.5M	345.7M	374.1M	472.8M	699.6M	19.6M
Capital expenditure	—	—	—	—	—	—	—	—	—	—
Investing cash flow	-2.9M	27.9M	4.2M	42.7M	146.9M	-3.7M	39.1M	197K	-273K	-17K
Dividends paid	-293.9M	-305.8M	-281.3M	-180.7M	-98.3M	-99.5M	-120M	-120.5M	-128.1M	—
Share repurchases	0	-232K	-37.1M	-214.1M	-7.5M	-150M	-42.3M	-28.3M	-175M	0
Financing cash flow	-940.5M	-855.2M	-1.2B	-348.6M	-104.9M	-517.1M	-105.8M	-245.4M	-2.5B	-314M
Net change in cash	-504.1M	-730.8M	-824.7M	-19.1M	243.5M	-175.1M	307.3M	227.6M	-1.8B	-294.4M
Free cash flow	460.7M	410.4M	263.4M	270.2M	190.2M	282.5M	257.3M	238.5M	112M	19.6M

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	48.6M	196.4M	-23.6M	238.2M	323M	-5.8M	3.1M	46.5M	-6.2M	134.4M	938K	-1.3M
Depreciation & amortization	52.8M	46.9M	43.1M	40.4M	34.3M	13.1M	13.3M	12.9M	10.8M	7.9M	5M	3.9M
Stock-based compensation	1.9M	2.1M	2M	2.3M	2.2M	327K	384K	317K	343K	348K	282K	304K
Change in working capital	-16.5M	121K	-4.1M	-866K	-5.5M	-4.3M	-7M	8M	-447K	-1.2M	2.4M	583K
Operating cash flow	87.9M	246.8M	21.5M	294.2M	389.2M	4M	10.4M	17.2M	5.2M	-8.5M	-4.3M	-10.1M
Capital expenditure	—	—	—	—	—	—	—	—	—	—	—	—
Investing cash flow	-32K	-3.4M	686K	-872K	-35K	-52K	-3K	-5K	-1K	-8K	20.7M	-8K
Dividends paid	-30M	-30.1M	-63.7M	-30.1M	-30.1M	-4.1M	0	0	-250.3M	-105.4M	—	—
Share repurchases	0	0	0	0	0	-175M	—	—	—	—	—	—
Financing cash flow	-220.6M	-158.1M	-127.8M	-85.4M	-1.3B	-979.3M	-425K	-14.4M	-291.2M	-363.7M	0	0
Net change in cash	-132.8M	85.3M	-105.6M	207.9M	-870.9M	-975.3M	10M	2.8M	-286.1M	-372.2M	16.4M	-10.2M
Free cash flow	65.3M	46.5M	40M	66.5M	36.8M	-31.2M	5.7M	17.2M	5.2M	-8.5M	-4.3M	-10.1M

Date	Ratio
Aug 19, 2024	1:4
May 21, 2018	1:2
Jun 9, 2009	1:1
Mar 10, 2009	1:1
Aug 4, 1998	2:1

SITE Centers Corp. 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