← Back to Screener
ScreenerNewsCompareWatchlist
VCP ScannerFree US Stock Screener & Financial AnalysisFree US Stock Screener
ScreenerThemesNewsCompareWatchlist
AnalyzeValuationTotal ReturnDCA CalculatorInsider Activity

CBL logoCBL & Associates Properties, Inc.(CBL)Earnings, Financials & Key Ratios

CBL•NYSE•REIT / Real Estate
$43.78
$1.35B mkt cap·10.1× P/E·Price updated May 6, 2026
SectorReal EstateIndustryRetail REITsSub-IndustryMalls and Outlet Centers
AboutHeadquartered in Chattanooga, TN, CBL Properties owns and manages a national portfolio of market-dominant properties located in dynamic and growing communities. CBL's portfolio is comprised of 106 properties totaling 65.7 million square feet across 25 states, including 64 high quality enclosed, outlet and open-air retail centers and 8 properties managed for third parties. CBL seeks to continuously strengthen its company and portfolio through active management, aggressive leasing and profitable reinvestment in its properties.Show more
  • Revenue$578M+12.2%
  • FFO$301M+50.9%
  • FFO/Share9.76+51.5%
  • FFO Payout25.6%+1.5%
  • FFO per Share9.76+51.5%
  • NOI Margin7.56%-34.2%
  • FFO Margin52.06%+34.5%
  • ROE40.14%+119.0%
  • ROA4.97%+117.0%
  • Debt/Assets79.54%-1.2%
  • Net Debt/EBITDA6.98-12.3%
  • Book Value/Share11.82+17.0%
Technical→

CBL Key Insights

CBL & Associates Properties, Inc. (CBL) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Excellent 3Y average ROE of 20.1%
  • ✓Strong Piotroski F-Score: 7/9
  • ✓FFO growing 50.9% TTM
  • ✓Sustainable FFO payout ratio of 25.6%
  • ✓Momentum leader: RS Rating 81 (top 19%)
  • ✓Healthy dividend yield of 5.7%

✗Weaknesses

  • ✗High debt to equity ratio of 6.0x
  • ✗Low NOI margin of 7.6%

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

CBL Price & Volume

CBL & Associates Properties, Inc. (CBL) stock price & volume — 10-year historical chart

Loading chart...

CBL Growth Metrics

CBL & Associates Properties, Inc. (CBL) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-5.83%
5 Years0.09%
3 Years0.9%
TTM12.18%

Profit CAGR

10 Years-2.04%
5 Years-
3 Years-
TTM130.57%

EPS CAGR

10 Years26.92%
5 Years-
3 Years-
TTM129.18%

Return on Capital

10 Years17.18%
5 Years4.1%
3 Years5.03%
Last Year5.52%

CBL Recent Earnings

CBL & Associates Properties, Inc. (CBL) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 6/12 qtrs (86%)●Beat Revenue 5/12 qtrs (71%)
Q1 2026Latest
Feb 13, 2026
EPS
$1.56
Est $0.34
+358.8%
Revenue
$150M
Est $140M
+7.4%
Q4 2025
Nov 6, 2025
EPS
$2.38
Est $0.14
+1600.0%
Revenue
$139M
Est $134M
+3.9%
Q3 2025
Aug 6, 2025
EPS
$0.08
Est $0.14
-42.9%
Revenue
$141M
Est $134M
+5.2%
Q2 2025
May 5, 2025
EPS
$0.27
Est $0.16
+68.8%
Revenue
$142M
Est $134M
+5.8%
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q1 2026LatestFeb 13, 2026
$1.56vs $0.34+358.8%
$150Mvs $140M+7.4%
Q4 2025Nov 6, 2025
$2.38vs $0.14+1600.0%
$139Mvs $134M+3.9%
Q3 2025Aug 6, 2025
$0.08vs $0.14-42.9%
$141Mvs $134M+5.2%
Q2 2025May 5, 2025
$0.27vs $0.16+68.8%
$142Mvs $134M+5.8%
Based on last 12 quarters of dataView full earnings history →

CBL Peer Comparison

CBL & Associates Properties, Inc. (CBL) competitors in Malls and Outlet Centers — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
MAC logoMACThe Macerich CompanyDirect Competitor5.51B21.49-27.5510.43%-19.44%
SKT logoSKTTanger Inc.Direct Competitor4.15B36.2036.2010.55%19.74%16.46%4.89%2.30
SPG logoSPGSimon Property Group, Inc.Product Competitor65.79B202.3114.316.72%72.51%68.82%4.47
KIM logoKIMKimco Realty CorporationProduct Competitor15.88B23.5428.365.06%28.51%5.81%4.87%0.82
REG logoREGRegency Centers CorporationProduct Competitor14.44B78.8927.983.39%37.4%9%2.73%0.83
M logoMMacy's, Inc.Supply Chain5.35B19.288.31-1.67%2.84%14.2%19.74%1.07
URBN logoURBNUrban Outfitters, Inc.Supply Chain6.28B70.0513.8411.07%7.54%16.51%7.08%0.44
CBRE logoCBRECBRE Group, Inc.Supply Chain41.79B142.5737.0313.37%3.11%14.27%2.85%1.04

Compare CBL vs Peers

CBL & Associates Properties, Inc. (CBL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs MAC

Most directly comparable listed peer for CBL.

Scale Benchmark

vs SPG

Larger-name benchmark to compare CBL against a more recognizable public peer.

Peer Set

Compare Top 5

vs MAC, SKT, SPG, KIM

CBL Income Statement

CBL & Associates Properties, Inc. (CBL) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Revenue927.25M858.56M768.7M575.86M576.88M563.01M535.29M515.56M578.37M
Revenue Growth %-9.82%-7.41%-10.47%-25.09%0.18%-2.4%-4.92%-3.68%12.18%
Property Operating Expenses858.73M823.41M746.14M617.94M604.6M704.35M568.15M456.33M534.66M
Net Operating Income (NOI)
68.52M▲ 0%
35.14M▼ 48.7%
22.55M▼ 35.8%
-42.08M▼ 286.6%
-27.73M▲ 34.1%
-141.34M▼ 409.8%
-32.86M▲ 76.7%
59.23M▲ 280.2%
43.71M▼ 26.2%
NOI Margin %7.39%4.09%2.93%-7.31%-4.81%-25.1%-6.14%11.49%7.56%
Operating Expenses-240.62M-223.11M-193.56M-137.72M-155M-188.26M-126.22M-73.11M-96.06M
G&A Expenses000000000
EBITDA608.23M543.65M473.86M310.67M335.35M303.23M283.86M272.93M304.92M
EBITDA Margin %65.6%63.32%61.65%53.95%58.13%53.86%53.03%52.94%52.72%
Depreciation & Amortization299.09M285.4M257.75M215.03M208.08M256.31M190.5M140.59M165.16M
D&A / Revenue %32.26%33.24%33.53%37.34%36.07%45.52%35.59%27.27%28.56%
Operating Income
309.14M▲ 0%
258.25M▼ 16.5%
216.12M▼ 16.3%
95.64M▼ 55.7%
127.27M▲ 33.1%
46.92M▼ 63.1%
93.36M▲ 99.0%
132.34M▲ 41.8%
139.77M▲ 5.6%
Operating Margin %33.34%30.08%28.11%16.61%22.06%8.33%17.44%25.67%24.17%
Interest Expense00206.26M200.66M0217.34M172.91M154.49M175.96M
Interest Coverage--0.36x-0.74x-0.56x1.03x1.38x1.77x
Non-Operating Income-71.77M138.99M140.84M243.43M503.32M-73.98M-84.06M-80.92M-171.5M
Pretax Income
162.23M▲ 0%
-100.78M▼ 162.1%
-128.48M▼ 27.5%
-346.81M▼ 169.9%
-643.95M▼ 85.7%
-96.44M▲ 85.0%
4.1M▲ 104.2%
58.17M▲ 1319.5%
135M▲ 132.1%
Pretax Margin %17.5%-11.74%-16.71%-60.22%-111.63%-17.13%0.77%11.28%23.34%
Income Tax-1.93M-1.55M3.15M16.84M-4.81M3.08M894K1.05M475K
Effective Tax Rate %-1.19%1.54%-2.45%-4.85%0.75%-3.19%21.82%1.81%0.35%
Net Income
126.12M▲ 0%
-78.57M▼ 162.3%
-108.69M▼ 38.3%
-404.09M▼ 271.8%
-622.17M▼ 54.0%
-93.48M▲ 85.0%
6.55M▲ 107.0%
58.97M▲ 800.9%
135.97M▲ 130.6%
Net Margin %13.6%-9.15%-14.14%-70.17%-107.85%-16.6%1.22%11.44%23.51%
Net Income Growth %-26.86%-162.3%-38.33%-271.79%-53.97%84.97%107%800.86%130.57%
Funds From Operations (FFO)
425.21M▲ 0%
206.83M▼ 51.4%
149.06M▼ 27.9%
-189.06M▼ 226.8%
-414.09M▼ 119.0%
162.83M▲ 139.3%
197.05M▲ 21.0%
199.56M▲ 1.3%
301.12M▲ 50.9%
FFO Margin %45.86%24.09%19.39%-32.83%-71.78%28.92%36.81%38.71%52.06%
FFO Growth %-8.58%-51.36%-27.93%-226.83%-119.03%139.32%21.02%1.27%50.89%
FFO per Share2.491.200.86-0.99-2.485.426.296.459.76
FFO Payout Ratio %53.19%88.33%17.42%0%0%14.66%59.93%25.23%25.6%
EPS (Diluted)
0.52▲ 0%
-0.83▼ 259.6%
-0.78▲ 6.0%
-1.76▼ 125.6%
-29.95▼ 1601.7%
-3.20▲ 89.3%
0.17▲ 105.3%
1.87▲ 1000.0%
4.34▲ 132.1%
EPS Growth %-40.91%-259.62%6.02%-125.64%-1601.7%89.32%105.31%1000%132.09%
EPS (Basic)0.52-0.83-0.78-1.76-29.95-3.200.171.874.41
Diluted Shares Outstanding171.07M172.49M173.44M190.28M167.11M30.05M31.3M30.96M30.84M

CBL Balance Sheet

CBL & Associates Properties, Inc. (CBL) balance sheet — assets, liabilities & shareholders' equity

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Total Assets667.72M664.09M4.62B4.44B2.95B2.68B2.41B2.75B2.73B
Asset Growth %-11.83%-0.54%596.04%-3.86%-33.7%-9.09%-10.17%14.19%-0.66%
Real Estate & Other Assets-5.58B-5.2B63.73M43.32M1.77B1.66B1.58B1.82B1.88B
PP&E (Net)5.16B4.75B4.07B3.62B00000
Investment Securities1000K1000K1000K1000K1000K1000K1000K1000K1000K
Total Current Assets162.82M145.6M147.13M232.57M583.82M650.13M431.41M500.9M494.09M
Cash & Equivalents32.63M25.14M32.82M61.78M169.55M44.72M34.19M40.79M42.29M
Receivables1000K1000K1000K1000K1000K1000K1000K1000K1000K
Other Current Assets46.64M42.67M39.06M67.14M097.23M88.89M169.01M110.67M
Intangible Assets66.79M48.66M38.34M34.42M489.39M286.83M315.93M347.41M272.89M
Total Liabilities1.71M1.73M3.76B3.91B2.54B2.31B2.08B2.43B2.36B
Total Debt53.33M81.47M3.53B3.74B2.36B2.11B1.97B2.21B2.17B
Net Debt20.7M56.33M3.5B3.68B2.19B2.07B1.94B2.17B2.13B
Long-Term Debt003.53B3.74B2.21B2B1.89B2.21B2.17B
Short-Term Borrowings000000000
Capital Lease Obligations003.84M3.33M151.87M110.62M80.41M00
Total Current Liabilities228.65M261.93M227.47M170.06M184.4M200.31M186.49M221.65M193.64M
Accounts Payable166.79M187.51M218.97M164.01M00000
Deferred Revenue-7.96B-7.61B0000000
Other Liabilities000000-80.41M00
Total Equity
9.92B▲ 0%
9.37B▼ 5.6%
864.02M▼ 90.8%
534.03M▼ 38.2%
401.1M▼ 24.9%
367.13M▼ 8.5%
330.62M▼ 9.9%
312.86M▼ 5.4%
364.67M▲ 16.6%
Equity Growth %-6.19%-5.55%-90.78%-38.19%-24.89%-8.47%-9.95%-5.37%16.56%
Shareholders Equity5.7B5.34B806.31M531.84M396.2M370.54M339.32M323.55M374.94M
Minority Interest4.22B4.03B57.71M2.19M4.9M-3.41M-8.7M-10.68M-10.26M
Common Stock1.71M1.73M1.74M1.97M21K32K32K31K30K
Additional Paid-in Capital1.97B1.97B1.97B1.99B547.73M710.5M719.13M694.57M687.42M
Retained Earnings1.14B964.14M00-151.54M-338.93M-380.45M-371.83M-312.96M
Preferred Stock0025K25K00000
Return on Assets (ROA)17.7%-11.8%-4.11%-8.91%-16.84%-3.32%0.26%2.29%4.97%
Return on Equity (ROE)1.23%-0.81%-2.12%-57.81%-133.07%-24.34%1.88%18.33%40.14%
Debt / Assets7.99%12.27%76.39%84.16%80.13%78.81%81.85%80.54%79.54%
Debt / Equity0.01x0.01x4.09x7.00x5.89x5.75x5.96x7.07x5.95x
Net Debt / EBITDA0.03x0.10x7.38x11.84x6.53x6.81x6.82x7.96x6.98x
Book Value per Share58.0154.344.982.812.4012.2210.5610.1011.82

CBL Cash Flow Statement

CBL & Associates Properties, Inc. (CBL) cash flow — operating, investing & free cash flow history

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Cash from Operations377.19M234.99M273.41M-69.37M38.77M208.23M183.52M202.22M71.79M
Operating CF Growth %-15.75%-37.7%16.35%-125.37%155.9%437.05%-11.87%10.19%-64.5%
Operating CF / Revenue %40.68%27.37%35.57%-12.05%6.72%36.99%34.28%39.22%12.41%
Net Income126.12M-78.57M-131.72M-404.09M-622.17M-99.52M3.2M57.12M49.54M
Depreciation & Amortization299.09M285.4M255.94M215.03M208.08M277.11M211.93M156.26M41.42M
Stock-Based Compensation5.79M5.39M4.78M0011.88M12.98M14.93M0
Other Non-Cash Items548.36M571.23M112.4M169.41M381.05M68.63M-24.02M-28.53M-18.76M
Working Capital Changes-2.43M14.54M29.34M-49.72M71.82M-51.01M-19.3M4.1M-413K
Cash from Investing-94.4M-52.4M24.59M-290.33M87.33M-156.69M1.7M65.01M17.24M
Acquisitions (Net)-393K7.34M-5.79M692K298K-3.27M-10.93M-9.49M0
Purchase of Investments-306.39M-145.55M-5.79M-299.66M-1.27B-741.04M-312.78M-360.82M0
Sale of Investments229M89.47M18.56M8.91M1.36B600.7M355.54M379.61M0
Other Investing-75.81M3.19M11.81M988K1.06M-13.07M-30.13M55.71M17.24M
Cash from Financing-351.09M-367.77M-296.45M209M-158.41M-145.8M-204.09M-236.5M-91.23M
Dividends Paid-226.17M-182.71M-59.63M00-23.87M-118.09M-50.36M-77.09M
Common Dividends-226.17M-182.71M-25.96M00-23.87M-118.09M-50.36M-77.09M
Debt Issuance (Net)-1000K-1000K-1000K1000K-1000K-1000K-1000K-1000K-1000K
Share Repurchases-390K-289K0000-1.11M-36.46M-18.06M
Other Financing-68.1M-34.96M-29.88M-999K-365K-22.75M-5.89M-3.43M40.21M
Net Change in Cash
13.68M▲ 0%
-7.49M▼ 154.8%
1.55M▲ 120.6%
28.96M▲ 1773.5%
107.77M▲ 272.1%
-94.25M▼ 187.5%
-18.87M▲ 80.0%
30.73M▲ 262.8%
-2.2M▼ 107.2%
Exchange Rate Effect1.29B672.88M0179.66M140.08M0000
Cash at Beginning18.95M32.63M57.51M32.82M61.78M236.2M141.95M123.08M31.81M
Cash at End32.63M25.14M59.06M61.78M169.55M141.95M123.08M153.8M29.61M
Free Cash Flow
360.57M▲ 0%
228.14M▼ 36.7%
279.19M▲ 22.4%
-69.37M▼ 124.8%
38.77M▲ 155.9%
208.23M▲ 437.0%
183.52M▼ 11.9%
202.22M▲ 10.2%
71.79M▼ 64.5%
FCF Growth %-18.18%-36.73%22.38%-124.85%155.9%437.05%-11.87%10.19%-64.5%
FCF / Revenue %38.89%26.57%36.32%-12.05%6.72%36.99%34.28%39.22%12.41%

CBL Key Ratios

CBL & Associates Properties, Inc. (CBL) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric2016201720182019202020212022202320242025
FFO per Share2.722.491.20.86-0.99-2.485.426.296.459.76
FFO Payout Ratio48.56%53.19%88.33%17.42%0%0%14.66%59.93%25.23%25.6%
NOI Margin15.7%7.39%4.09%2.93%-7.31%-4.81%-25.1%-6.14%11.49%7.56%
Net Debt / EBITDA0.07x0.03x0.10x7.38x11.84x6.53x6.81x6.82x7.96x6.98x
Debt / Assets8.57%7.99%12.27%76.39%84.16%80.13%78.81%81.85%80.54%79.54%
Interest Coverage---0.36x-0.74x-0.56x1.03x1.38x1.77x
Book Value / Share61.9258.0154.344.982.812.412.2210.5610.111.82
Revenue Growth-2.54%-9.82%-7.41%-10.47%-25.09%0.18%-2.4%-4.92%-3.68%12.18%

CBL SEC Filings & Documents

CBL & Associates Properties, Inc. (CBL) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 2, 2026·SEC

Material company update

Mar 19, 2026·SEC

Material company update

Feb 17, 2026·SEC

10-K Annual Reports

3
FY 2026

Mar 3, 2026·SEC

FY 2025

Mar 3, 2025·SEC

FY 2024

Feb 29, 2024·SEC

10-Q Quarterly Reports

6
FY 2025

Nov 7, 2025·SEC

FY 2025

Aug 6, 2025·SEC

FY 2025

May 5, 2025·SEC

CBL Frequently Asked Questions

CBL & Associates Properties, Inc. (CBL) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

CBL & Associates Properties, Inc. (CBL) reported $578.4M in revenue for fiscal year 2025. This represents a 26% decrease from $781.4M in 2004.

CBL & Associates Properties, Inc. (CBL) grew revenue by 12.2% over the past year. This is steady growth.

Yes, CBL & Associates Properties, Inc. (CBL) is profitable, generating $136.0M in net income for fiscal year 2025 (23.5% net margin).

Dividend & Returns

Yes, CBL & Associates Properties, Inc. (CBL) pays a dividend with a yield of 5.71%. This makes it attractive for income-focused investors.

CBL & Associates Properties, Inc. (CBL) has a return on equity (ROE) of 40.1%. This is excellent, indicating efficient use of shareholder capital.

Industry Metrics

CBL & Associates Properties, Inc. (CBL) generated Funds From Operations (FFO) of $301.1M in the trailing twelve months. FFO is the primary profitability metric for REITs.

CBL & Associates Properties, Inc. (CBL) offers a 5.71% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.

Explore More CBL

CBL & Associates Properties, Inc. (CBL) financial analysis — history, returns, DCA and operating performance tools

Total Return Calculator

Historical returns with dividends reinvested

→

DCA Calculator

Dollar cost averaging vs lump sum

→

Dividend History

Yield, growth, payout safety & DRIP

→

Earnings History

EPS trends, net income & profitability

→

Price History

Long-term charts & historical price data

→

Revenue History

Sales growth patterns & revenue breakdown

→

Financial Ratios

30 years of market, efficiency and balance-sheet ratios

→

Valuation

DCF intrinsic value, peer multiples & estimates

→
VCP ScannerFree US Stock Screener & Financial Analysis

Find stocks. Verify deeply. Act with conviction.

Patterns find ideas. Fundamentals build conviction.

Data updated daily

Quick Links

  • Home
  • Screener
  • Themes
  • Market Valuation
  • Valuation
  • Compare
  • Total Return
  • DCA Calculator
  • News
  • Insights
  • Methodology
  • How It Works
  • Profile

Popular Screens

  • VCP Hot
  • VCP Warm
  • Value Screens
  • Growth Screens
  • Momentum Screens
  • Technical Screens
  • Quality Screens

Community

  • Follow @VCPScanner on X

Get weekly stock ideas — free

© 2026 VCP Scanner. All rights reserved.
About·Privacy Policy·Terms of Service
Not financial advice. Do your own research.