CTO Realty Growth, Inc. (CTO) 10-Year Financial Performance & Capital Metrics

CTO • • REIT / Real Estate

Real EstateDiversified REITsMulti-Property Diversified REITsRegional Diversified Property Owners

AboutCTO Realty Growth, Inc. is a Florida-based publicly traded real estate company, which owns income properties comprised of approximately 2.4 million square feet in diversified markets in the United States and an approximately 23.5% interest in Alpine Income Property Trust, Inc., a publicly traded net lease real estate investment trust (NYSE: PINE).Show more

Revenue $125M +14.1%
FFO $63M +26.9%
FFO/Share 2.48 +12.6%
FFO Payout 63.85% -7.4%
FFO per Share 2.48 +12.6%
NOI Margin 73.32% +1.3%
FFO Margin 50.66% +11.2%
ROE -0.37% -131.9%
ROA -0.18% -132.3%
Debt/Assets 45.23% -11.6%
Net Debt/EBITDA 6.36 -9.4%
Book Value/Share 24.12 +18.8%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Sustainable FFO payout ratio of 63.9%
✓High NOI margin of 73.3%
✓Trading at only 0.8x book value

✗Weaknesses

✗Weak 3Y average ROE of 0.5%
✗FFO declining 82.5% TTM
✗Shares diluted 12.7% in last year

Price & Volume

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Growth Metrics

Revenue CAGR

10Y13.36%

5Y22.61%

3Y21.01%

TTM23.84%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-264.35%

EPS CAGR

10Y-

5Y-

3Y-

TTM-322.84%

ROCE

10Y Avg5.62%

5Y Avg2.42%

3Y Avg2.26%

Latest1.73%

Peer Comparison

Regional Diversified Property Owners

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
MDRRMedalist Diversified REIT, Inc.	14.09M	12.67	521.19	-5.23%	-21.2%	-8.56%	6.34%	2.38
UEUrban Edge Properties	2.35B	18.66	31.10	6.73%	24.12%	8.16%	6.52%	1.24
AHHArmada Hoffler Properties, Inc.	565.08M	7.05	29.38	6.19%	5.7%	3.07%	19.82%	1.60
ALEXAlexander & Baldwin, Inc.	1.51B	20.83	25.10	13.31%	33.62%	7.25%	3.12%	0.47
ESRTEmpire State Realty Trust, Inc.	1.08B	6.40	22.86	3.19%	5.81%	2.5%	24.09%	1.39
AATAmerican Assets Trust, Inc.	1.14B	18.69	19.88	3.78%	14.58%	5.75%	11.98%	1.81
MKZRMacKenzie Realty Capital, Inc.	8.07M	4.36	-0.23	40.19%	-130.46%	-24.47%		1.47
FVRFrontView REIT, Inc.	354.9M	16.39	-11.15	24.14%	-4.13%	-0.54%	5.78%	0.54

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Revenue+	43M	71.07M	91.41M	86.69M	44.94M	56.38M	70.27M	82.32M	109.12M	124.52M
Revenue Growth %	0.21%	0.65%	0.29%	-0.05%	-0.48%	0.25%	0.25%	0.17%	0.33%	0.14%
Property Operating Expenses	13.77M	25.84M	30.45M	19.68M	7.11M	15.21M	22.43M	22.86M	30.18M	33.22M
Net Operating Income (NOI)+	-	-	-	-	-	-	-	-	-	-
NOI Margin %	-	-	-	-	-	-	-	-	-	-
Operating Expenses+	13.97M	18.49M	22.92M	25.55M	3.64M	28.89M	24.5M	41.75M	52.44M	73.69M
G&A Expenses	8.75M	10.3M	10.25M	9.79M	9.36M	10.14M	11.05M	12.9M	14.25M	16.27M
EBITDA+	25.48M	81.65M	87.33M	97.8M	47.61M	31.34M	43.93M	46.56M	70.68M	82.66M
EBITDA Margin %	-	-	-	-	-	-	-	-	-	-
Depreciation & Amortization+	5.21M	44.33M	47.06M	34.31M	13.41M	19.06M	20.58M	28.86M	44.17M	65.05M
D&A / Revenue %	-	-	-	-	-	-	-	-	-	-
Operating Income+	20.27M	37.32M	40.27M	63.49M	34.2M	12.28M	23.34M	17.71M	26.51M	17.61M
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Interest Expense+	6.92M	8.75M	8.52M	10.42M	12.02M	10.84M	8.93M	11.12M	22.36M	21.47M
Interest Coverage	2.93x	4.26x	4.72x	6.09x	2.84x	1.13x	2.61x	1.59x	1.19x	0.82x
Non-Operating Income	-158.27K	-9.22M	471.11K	-20.39M	21.52M	6.89M	-11.86M	-21K	-1.02M	7.63M
Pretax Income+	13.56M	28.04M	31.78M	53.12M	22.08M	-4.99M	26.86M	328K	6.13M	-2.3M
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	5.27M	11.84M	9.94M	14.16M	5.47M	-83.5M	-3.08M	-2.83M	604K	-339K
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	8.35M	16.25M	41.72M	37.17M	114.97M	78.51M	29.94M	3.16M	5.53M	-1.97M
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	0.31%	0.95%	1.57%	-0.11%	2.09%	-0.32%	-0.62%	-0.89%	0.75%	-1.36%
Funds From Operations (FFO)+	-	-	-	-	-	-	-	-	-	-
FFO Margin %	-	-	-	-	-	-	-	-	-	-
FFO Growth %	0.37%	3.47%	0.47%	-0.19%	0.8%	-0.24%	-0.48%	-0.37%	0.55%	0.27%
FFO per Share+	-	-	-	-	-	-	-	-	-	-
FFO Payout Ratio %	-	-	-	-	-	-	-	-	-	-
EPS (Diluted)+	0.48	0.95	2.49	2.24	1.11	5.56	1.56	-0.09	0.03	-0.35
EPS Growth %	0.3%	0.98%	1.62%	-0.1%	-0.5%	4.01%	-0.72%	-1.06%	1.38%	-11.42%
EPS (Basic)	0.48	0.95	2.51	2.25	1.11	5.56	1.56	-0.09	0.03	-0.35
Diluted Shares Outstanding	17.51M	17.11M	16.73M	16.59M	14.99M	14.11M	17.68M	18.51M	22.53M	25.4M

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Assets+	406.02M	408.62M	466.13M	556.33M	703.29M	665.93M	733.14M	986.54M	989.67M	1.18B
Asset Growth %	0.47%	0.01%	0.14%	0.19%	0.26%	-0.05%	0.1%	0.35%	0%	0.19%
Real Estate & Other Assets+	-39.26B	-51.09B	-41.95B	-54.39B	2.87M	14.03M	18.6M	761.11M	753.26M	916.98M
PP&E (Net)	57.93M	61.78M	52.82M	26.51M	363.63K	480.2M	168K	63K	422K	305K
Investment Securities	1000K	1000K	1000K	1000K	1000K	1000K	1000K	0	0	0
Total Current Assets+	24.68M	18.58M	14.18M	98.12M	183.24M	65.26M	79.55M	106.14M	136.87M	182.7M
Cash & Equivalents	4.06M	7.78M	6.56M	2.31M	6.47M	4.29M	8.62M	19.33M	10.21M	9.02M
Receivables	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Assets	12.87M	61.97M	10M	31.26M	1.97M	-47.34M	-47.89M	-3.56M	7.61M	8.04M
Intangible Assets	20.09M	34.73M	38.76M	43.56M	49.02M	50.18M	100.51M	116.71M	97.11M	79.2M
Total Liabilities	265.63M	260.35M	281.95M	344.57M	417.87M	315.03M	302.66M	481.77M	532.14M	568.85M
Total Debt+	168.46M	166.25M	195.82M	247.62M	287.58M	298.24M	284.07M	455.53M	506.23M	534.41M
Net Debt	164.4M	158.47M	189.26M	245.31M	281.11M	268.77M	269.66M	436.2M	496.01M	525.39M
Long-Term Debt	97.04M	166.25M	195.82M	247.62M	212.51M	250.65M	278.27M	394.91M	444.54M	468M
Short-Term Borrowings	0	0	0	0	1000K	1000K	26K	1000K	1000K	1000K
Capital Lease Obligations	2.6M	2.23M	29.77M	27.39M	364.89K	245K	198K	9.95M	10.86M	15.42M
Total Current Liabilities+	25.53M	12.18M	14.07M	14.78M	84.64M	14.29M	18.3M	64.16M	65.12M	75.02M
Accounts Payable	1.93M	1.52M	1.67M	1.04M	1.39M	1.05M	676K	2.54M	2.76M	3.28M
Deferred Revenue	14.72M	1.99M	2.03M	7.2M	5.83M	3.32M	4.5M	5.74M	5.2M	10.18M
Other Liabilities	111.91M	5.68M	8.74M	9.61M	0	5.28M	-4.7M	12.75M	11.62M	10.52M
Total Equity+	140.39M	329.63M	397.15M	465.58M	285.41M	350.9M	430.48M	504.77M	457.53M	612.8M
Equity Growth %	0.09%	1.35%	0.2%	0.17%	-0.39%	0.23%	0.23%	0.17%	-0.09%	0.34%
Shareholders Equity	134.78M	148.28M	184.18M	211.76M	285.41M	350.9M	430.48M	504.77M	457.53M	612.8M
Minority Interest	5.61M	181.35M	212.97M	253.82M	178.88M	264.41M	252.72M	0	0	0
Common Stock	5.9M	5.91M	5.96M	6M	6.02M	7.25M	59K	229K	226K	317K
Additional Paid-in Capital	16.99M	20.51M	22.74M	24.33M	26.69M	83.18M	85.41M	172.47M	168.44M	367.83M
Retained Earnings	120.44M	136.89M	177.61M	213.3M	326.07M	339.92M	343.46M	316.28M	281.94M	232.09M
Preferred Stock	0	136.89M	177.61M	213.3M	326.07M	0	30K	30K	30K	47K
Return on Assets (ROA)	0.02%	0.04%	0.1%	0.07%	0.18%	0.11%	0.04%	0%	0.01%	-0%
Return on Equity (ROE)	0.06%	0.07%	0.11%	0.09%	0.31%	0.25%	0.08%	0.01%	0.01%	-0%
Debt / Assets	0.41%	0.41%	0.42%	0.45%	0.41%	0.45%	0.39%	0.46%	0.51%	0.45%
Debt / Equity	1.20x	0.50x	0.49x	0.53x	1.01x	0.85x	0.66x	0.90x	1.11x	0.87x
Net Debt / EBITDA	6.45x	1.94x	2.17x	2.51x	5.90x	8.58x	6.14x	9.37x	7.02x	6.36x
Book Value per Share	8.02	19.27	23.74	28.07	19.04	24.86	24.35	27.27	20.31	24.12

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	25.19M	14.29M	57.55M	48.66M	16.41M	16.93M	27.58M	56.1M	46.42M	69.35M
Operating CF Growth %	1.22%	-0.43%	3.03%	-0.15%	-0.66%	0.03%	0.63%	1.03%	-0.17%	0.49%
Operating CF / Revenue %	-	-	-	-	-	-	-	-	-	-
Net Income	8.29M	16.2M	41.72M	37.17M	114.97M	78.51M	29.94M	3.16M	5.53M	-1.97M
Depreciation & Amortization	5.21M	8.2M	12.66M	16.14M	15.8M	19.06M	20.58M	28.86M	44.17M	65.05M
Stock-Based Compensation	2.19M	3.18M	1.44M	1.68M	2.69M	2.79M	3.17M	3.23M	3.67M	3.64M
Other Non-Cash Items	-4.13M	-10.2M	-515.25K	-21.52M	-150.48M	5.99M	-16.61M	11.54M	-1.63M	-5.9M
Working Capital Changes	9M	-14.74M	11.19M	2.6M	-1.67M	1.11M	-6.47M	12.32M	-5.84M	8.99M
Cash from Investing+	-84.2M	-23.42M	-79.22M	-77.9M	103.1M	-91.12M	-102.97M	-267.63M	-52.56M	-242.15M
Acquisitions (Net)	-76.03M	-49.93M	0	-2.14M	96.05M	-41K	23.86M	40.78M	0	0
Purchase of Investments	-26.02M	44.39M	-2.94M	0	-49.8M	-28.23M	-507K	-56.11M	-3.24M	-447K
Sale of Investments	1000K	1000K	1000K	1000K	1000K	1000K	0	1000K	1000K	1000K
Other Investing	8.21M	4.21M	3.35M	21.68M	111.42M	82M	-126.32M	0	-50.5M	-243.36M
Cash from Financing+	61.19M	12.85M	20.45M	38.66M	-5.8M	-26.89M	72.91M	201.38M	2.77M	172.35M
Dividends Paid	-464.28K	-682.1K	-997.46K	-1.48M	-2.2M	-14.47M	-25.91M	-33.68M	-39.04M	-47.09M
Common Dividends	-464.28K	-682.1K	-997.46K	-1.48M	-2.2M	-14.47M	-23.58M	-28.9M	-34.27M	-40.28M
Debt Issuance (Net)	1000K	1000K	1000K	1000K	1000K	-1000K	1000K	1000K	1000K	1000K
Share Repurchases	-6.48M	-7.43M	-7.21M	-9.84M	-41.1M	-4.1M	-2.41M	-2.79M	-6.61M	-664K
Other Financing	999.68K	-36.91K	261K	-324K	-937.78K	-2.69M	-2.19M	-3.25M	-833K	-1.72M
Net Change in Cash+	2.18M	3.72M	-1.22M	9.42M	113.7M	-101.08M	-2.48M	-10.15M	-3.38M	-458K
Exchange Rate Effect	0	0	0	0	0	0	0	0	0	0
Cash at Beginning	1.88M	4.06M	7.78M	12.62M	21.2M	134.91M	33.83M	31.35M	21.19M	17.82M
Cash at End	4.06M	7.78M	6.56M	22.03M	134.9M	33.83M	31.35M	21.19M	17.82M	17.36M
Free Cash Flow+	22.79M	-28.34M	-37.08M	-60.74M	-134.29M	-150.88M	27.58M	-257.83M	46.42M	69.35M
FCF Growth %	1.43%	-2.24%	-0.31%	-0.64%	-1.21%	-0.12%	1.18%	-10.35%	1.18%	0.49%
FCF / Revenue %	-	-	-	-	-	-	-	-	-	-

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
FFO per Share	0.77	3.54	5.31	4.31	8.56	6.91	2.86	1.73	2.21	2.48
FFO Payout Ratio	3.42%	1.13%	1.12%	2.08%	1.71%	14.83%	46.67%	90.26%	68.94%	63.85%
NOI Margin	67.98%	63.64%	66.69%	77.29%	84.19%	73.02%	68.08%	72.23%	72.34%	73.32%
Net Debt / EBITDA	6.45x	1.94x	2.17x	2.51x	5.90x	8.58x	6.14x	9.37x	7.02x	6.36x
Debt / Assets	41.49%	40.68%	42.01%	44.51%	40.89%	44.79%	38.75%	46.17%	51.15%	45.23%
Interest Coverage	2.93x	4.26x	4.72x	6.09x	2.84x	1.13x	2.61x	1.59x	1.19x	0.82x
Book Value / Share	8.02	19.27	23.74	28.07	19.04	24.86	24.35	27.27	20.31	24.12
Revenue Growth	21.05%	65.3%	28.61%	-5.17%	-48.16%	25.46%	24.64%	17.14%	32.55%	14.11%

Revenue by Segment

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Income Properties	-	-	-	-	-	-	-	-	96.66M	110.59M
Income Properties Growth	-	-	-	-	-	-	-	-	-	14.41%
Management Fee Income	-	-	-	-	-	-	-	-	4.39M	4.59M
Management Fee Income Growth	-	-	-	-	-	-	-	-	-	4.60%
Real Estate Operations	-	-	3.05M	46M	852K	650K	-	-	-	1.98M
Real Estate Operations Growth	-	-	-	1409.09%	-98.15%	-23.71%	-	-	-	-
Real Estate Operations	-	-	-	-	-	-	-	-	3.98M	-
Real Estate Operations Growth	-	-	-	-	-	-	-	-	-	-
Royalty	-	-	-	-	-	-	100K	100K	-	-
Royalty Growth	-	-	-	-	-	-	-	0.00%	-	-
Income Properties	-	-	31.41M	40.08M	41.96M	49.95M	-	-	-	-
Income Properties Growth	-	-	-	27.60%	4.69%	19.06%	-	-	-	-
Commercial Loan Investments	-	-	2.05M	616K	1.83M	3.03M	-	-	-	-
Commercial Loan Investments Growth	-	-	-	-69.99%	196.92%	65.88%	-	-	-	-
Management Services	-	-	-	-	-	2.74M	-	-	-	-
Management Services Growth	-	-	-	-	-	-	-	-	-	-
Golf Operations	-	-	5.1M	-	-	-	-	-	-	-
Golf Operations Growth	-	-	-	-	-	-	-	-	-	-
Agriculture And Other Operating	-	-	334.8K	-	-	-	-	-	-	-
Agriculture And Other Operating Growth	-	-	-	-	-	-	-	-	-	-
Subsurface Interests	-	50K	-	-	-	-	-	-	-	-
Subsurface Interests Growth	-	-	-	-	-	-	-	-	-	-
Fill Dirt Excavation	73K	-	-	-	-	-	-	-	-	-
Fill Dirt Excavation Growth	-	-	-	-	-	-	-	-	-	-

Revenue by Geography

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Aspen Colorado	-	-	-	101K	2.2M	-	-	-	-	-
Aspen Colorado Growth	-	-	-	-	2078.22%	-	-	-	-	-
Hendry County Florida	-	-	3.29M	320K	-	-	-	-	-	-
Hendry County Florida Growth	-	-	-	-90.28%	-	-	-	-	-	-
Lee And Hendry County Florida	-	-	922.11K	-	-	-	-	-	-	-
Lee And Hendry County Florida Growth	-	-	-	-	-	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

CTO Realty Growth, Inc. (CTO) reported $146.9M in revenue for fiscal year 2024. This represents a 900% increase from $14.7M in 2011.

CTO Realty Growth, Inc. (CTO) grew revenue by 14.1% over the past year. This is steady growth.

CTO Realty Growth, Inc. (CTO) reported a net loss of $33.3M for fiscal year 2024.

Dividend & Returns

Yes, CTO Realty Growth, Inc. (CTO) pays a dividend with a yield of 8.69%. This makes it attractive for income-focused investors.

CTO Realty Growth, Inc. (CTO) has a return on equity (ROE) of -0.4%. Negative ROE indicates the company is unprofitable.

Industry Metrics

CTO Realty Growth, Inc. (CTO) generated Funds From Operations (FFO) of $11.9M in the trailing twelve months. FFO is the primary profitability metric for REITs.

CTO Realty Growth, Inc. (CTO) offers a 8.69% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.

US Stock Screener

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CTO Realty Growth, Inc. (CTO) 10-Year Financial Performance & Capital Metrics

CTO • • REIT / Real Estate

Real EstateDiversified REITsMulti-Property Diversified REITsRegional Diversified Property Owners

Revenue $125M +14.1%
FFO $63M +26.9%
FFO/Share 2.48 +12.6%
FFO Payout 63.85% -7.4%
FFO per Share 2.48 +12.6%
NOI Margin 73.32% +1.3%
FFO Margin 50.66% +11.2%
ROE -0.37% -131.9%
ROA -0.18% -132.3%
Debt/Assets 45.23% -11.6%
Net Debt/EBITDA 6.36 -9.4%
Book Value/Share 24.12 +18.8%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Sustainable FFO payout ratio of 63.9%
✓High NOI margin of 73.3%
✓Trading at only 0.8x book value

✗Weaknesses

✗Weak 3Y average ROE of 0.5%
✗FFO declining 82.5% TTM
✗Shares diluted 12.7% in last year

Price & Volume

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Growth Metrics

Revenue CAGR

10Y13.36%

5Y22.61%

3Y21.01%

TTM23.84%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-264.35%

EPS CAGR

10Y-

5Y-

3Y-

TTM-322.84%

ROCE

10Y Avg5.62%

5Y Avg2.42%

3Y Avg2.26%

Latest1.73%

Peer Comparison

Regional Diversified Property Owners

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
MDRRMedalist Diversified REIT, Inc.	14.09M	12.67	521.19	-5.23%	-21.2%	-8.56%	6.34%	2.38
UEUrban Edge Properties	2.35B	18.66	31.10	6.73%	24.12%	8.16%	6.52%	1.24
AHHArmada Hoffler Properties, Inc.	565.08M	7.05	29.38	6.19%	5.7%	3.07%	19.82%	1.60
ALEXAlexander & Baldwin, Inc.	1.51B	20.83	25.10	13.31%	33.62%	7.25%	3.12%	0.47
ESRTEmpire State Realty Trust, Inc.	1.08B	6.40	22.86	3.19%	5.81%	2.5%	24.09%	1.39
AATAmerican Assets Trust, Inc.	1.14B	18.69	19.88	3.78%	14.58%	5.75%	11.98%	1.81
MKZRMacKenzie Realty Capital, Inc.	8.07M	4.36	-0.23	40.19%	-130.46%	-24.47%		1.47
FVRFrontView REIT, Inc.	354.9M	16.39	-11.15	24.14%	-4.13%	-0.54%	5.78%	0.54

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Revenue+	43M	71.07M	91.41M	86.69M	44.94M	56.38M	70.27M	82.32M	109.12M	124.52M
Revenue Growth %	0.21%	0.65%	0.29%	-0.05%	-0.48%	0.25%	0.25%	0.17%	0.33%	0.14%
Property Operating Expenses	13.77M	25.84M	30.45M	19.68M	7.11M	15.21M	22.43M	22.86M	30.18M	33.22M
Net Operating Income (NOI)+	-	-	-	-	-	-	-	-	-	-
NOI Margin %	-	-	-	-	-	-	-	-	-	-
Operating Expenses+	13.97M	18.49M	22.92M	25.55M	3.64M	28.89M	24.5M	41.75M	52.44M	73.69M
G&A Expenses	8.75M	10.3M	10.25M	9.79M	9.36M	10.14M	11.05M	12.9M	14.25M	16.27M
EBITDA+	25.48M	81.65M	87.33M	97.8M	47.61M	31.34M	43.93M	46.56M	70.68M	82.66M
EBITDA Margin %	-	-	-	-	-	-	-	-	-	-
Depreciation & Amortization+	5.21M	44.33M	47.06M	34.31M	13.41M	19.06M	20.58M	28.86M	44.17M	65.05M
D&A / Revenue %	-	-	-	-	-	-	-	-	-	-
Operating Income+	20.27M	37.32M	40.27M	63.49M	34.2M	12.28M	23.34M	17.71M	26.51M	17.61M
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Interest Expense+	6.92M	8.75M	8.52M	10.42M	12.02M	10.84M	8.93M	11.12M	22.36M	21.47M
Interest Coverage	2.93x	4.26x	4.72x	6.09x	2.84x	1.13x	2.61x	1.59x	1.19x	0.82x
Non-Operating Income	-158.27K	-9.22M	471.11K	-20.39M	21.52M	6.89M	-11.86M	-21K	-1.02M	7.63M
Pretax Income+	13.56M	28.04M	31.78M	53.12M	22.08M	-4.99M	26.86M	328K	6.13M	-2.3M
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	5.27M	11.84M	9.94M	14.16M	5.47M	-83.5M	-3.08M	-2.83M	604K	-339K
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	8.35M	16.25M	41.72M	37.17M	114.97M	78.51M	29.94M	3.16M	5.53M	-1.97M
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	0.31%	0.95%	1.57%	-0.11%	2.09%	-0.32%	-0.62%	-0.89%	0.75%	-1.36%
Funds From Operations (FFO)+	-	-	-	-	-	-	-	-	-	-
FFO Margin %	-	-	-	-	-	-	-	-	-	-
FFO Growth %	0.37%	3.47%	0.47%	-0.19%	0.8%	-0.24%	-0.48%	-0.37%	0.55%	0.27%
FFO per Share+	-	-	-	-	-	-	-	-	-	-
FFO Payout Ratio %	-	-	-	-	-	-	-	-	-	-
EPS (Diluted)+	0.48	0.95	2.49	2.24	1.11	5.56	1.56	-0.09	0.03	-0.35
EPS Growth %	0.3%	0.98%	1.62%	-0.1%	-0.5%	4.01%	-0.72%	-1.06%	1.38%	-11.42%
EPS (Basic)	0.48	0.95	2.51	2.25	1.11	5.56	1.56	-0.09	0.03	-0.35
Diluted Shares Outstanding	17.51M	17.11M	16.73M	16.59M	14.99M	14.11M	17.68M	18.51M	22.53M	25.4M

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Assets+	406.02M	408.62M	466.13M	556.33M	703.29M	665.93M	733.14M	986.54M	989.67M	1.18B
Asset Growth %	0.47%	0.01%	0.14%	0.19%	0.26%	-0.05%	0.1%	0.35%	0%	0.19%
Real Estate & Other Assets+	-39.26B	-51.09B	-41.95B	-54.39B	2.87M	14.03M	18.6M	761.11M	753.26M	916.98M
PP&E (Net)	57.93M	61.78M	52.82M	26.51M	363.63K	480.2M	168K	63K	422K	305K
Investment Securities	1000K	1000K	1000K	1000K	1000K	1000K	1000K	0	0	0
Total Current Assets+	24.68M	18.58M	14.18M	98.12M	183.24M	65.26M	79.55M	106.14M	136.87M	182.7M
Cash & Equivalents	4.06M	7.78M	6.56M	2.31M	6.47M	4.29M	8.62M	19.33M	10.21M	9.02M
Receivables	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Assets	12.87M	61.97M	10M	31.26M	1.97M	-47.34M	-47.89M	-3.56M	7.61M	8.04M
Intangible Assets	20.09M	34.73M	38.76M	43.56M	49.02M	50.18M	100.51M	116.71M	97.11M	79.2M
Total Liabilities	265.63M	260.35M	281.95M	344.57M	417.87M	315.03M	302.66M	481.77M	532.14M	568.85M
Total Debt+	168.46M	166.25M	195.82M	247.62M	287.58M	298.24M	284.07M	455.53M	506.23M	534.41M
Net Debt	164.4M	158.47M	189.26M	245.31M	281.11M	268.77M	269.66M	436.2M	496.01M	525.39M
Long-Term Debt	97.04M	166.25M	195.82M	247.62M	212.51M	250.65M	278.27M	394.91M	444.54M	468M
Short-Term Borrowings	0	0	0	0	1000K	1000K	26K	1000K	1000K	1000K
Capital Lease Obligations	2.6M	2.23M	29.77M	27.39M	364.89K	245K	198K	9.95M	10.86M	15.42M
Total Current Liabilities+	25.53M	12.18M	14.07M	14.78M	84.64M	14.29M	18.3M	64.16M	65.12M	75.02M
Accounts Payable	1.93M	1.52M	1.67M	1.04M	1.39M	1.05M	676K	2.54M	2.76M	3.28M
Deferred Revenue	14.72M	1.99M	2.03M	7.2M	5.83M	3.32M	4.5M	5.74M	5.2M	10.18M
Other Liabilities	111.91M	5.68M	8.74M	9.61M	0	5.28M	-4.7M	12.75M	11.62M	10.52M
Total Equity+	140.39M	329.63M	397.15M	465.58M	285.41M	350.9M	430.48M	504.77M	457.53M	612.8M
Equity Growth %	0.09%	1.35%	0.2%	0.17%	-0.39%	0.23%	0.23%	0.17%	-0.09%	0.34%
Shareholders Equity	134.78M	148.28M	184.18M	211.76M	285.41M	350.9M	430.48M	504.77M	457.53M	612.8M
Minority Interest	5.61M	181.35M	212.97M	253.82M	178.88M	264.41M	252.72M	0	0	0
Common Stock	5.9M	5.91M	5.96M	6M	6.02M	7.25M	59K	229K	226K	317K
Additional Paid-in Capital	16.99M	20.51M	22.74M	24.33M	26.69M	83.18M	85.41M	172.47M	168.44M	367.83M
Retained Earnings	120.44M	136.89M	177.61M	213.3M	326.07M	339.92M	343.46M	316.28M	281.94M	232.09M
Preferred Stock	0	136.89M	177.61M	213.3M	326.07M	0	30K	30K	30K	47K
Return on Assets (ROA)	0.02%	0.04%	0.1%	0.07%	0.18%	0.11%	0.04%	0%	0.01%	-0%
Return on Equity (ROE)	0.06%	0.07%	0.11%	0.09%	0.31%	0.25%	0.08%	0.01%	0.01%	-0%
Debt / Assets	0.41%	0.41%	0.42%	0.45%	0.41%	0.45%	0.39%	0.46%	0.51%	0.45%
Debt / Equity	1.20x	0.50x	0.49x	0.53x	1.01x	0.85x	0.66x	0.90x	1.11x	0.87x
Net Debt / EBITDA	6.45x	1.94x	2.17x	2.51x	5.90x	8.58x	6.14x	9.37x	7.02x	6.36x
Book Value per Share	8.02	19.27	23.74	28.07	19.04	24.86	24.35	27.27	20.31	24.12

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	25.19M	14.29M	57.55M	48.66M	16.41M	16.93M	27.58M	56.1M	46.42M	69.35M
Operating CF Growth %	1.22%	-0.43%	3.03%	-0.15%	-0.66%	0.03%	0.63%	1.03%	-0.17%	0.49%
Operating CF / Revenue %	-	-	-	-	-	-	-	-	-	-
Net Income	8.29M	16.2M	41.72M	37.17M	114.97M	78.51M	29.94M	3.16M	5.53M	-1.97M
Depreciation & Amortization	5.21M	8.2M	12.66M	16.14M	15.8M	19.06M	20.58M	28.86M	44.17M	65.05M
Stock-Based Compensation	2.19M	3.18M	1.44M	1.68M	2.69M	2.79M	3.17M	3.23M	3.67M	3.64M
Other Non-Cash Items	-4.13M	-10.2M	-515.25K	-21.52M	-150.48M	5.99M	-16.61M	11.54M	-1.63M	-5.9M
Working Capital Changes	9M	-14.74M	11.19M	2.6M	-1.67M	1.11M	-6.47M	12.32M	-5.84M	8.99M
Cash from Investing+	-84.2M	-23.42M	-79.22M	-77.9M	103.1M	-91.12M	-102.97M	-267.63M	-52.56M	-242.15M
Acquisitions (Net)	-76.03M	-49.93M	0	-2.14M	96.05M	-41K	23.86M	40.78M	0	0
Purchase of Investments	-26.02M	44.39M	-2.94M	0	-49.8M	-28.23M	-507K	-56.11M	-3.24M	-447K
Sale of Investments	1000K	1000K	1000K	1000K	1000K	1000K	0	1000K	1000K	1000K
Other Investing	8.21M	4.21M	3.35M	21.68M	111.42M	82M	-126.32M	0	-50.5M	-243.36M
Cash from Financing+	61.19M	12.85M	20.45M	38.66M	-5.8M	-26.89M	72.91M	201.38M	2.77M	172.35M
Dividends Paid	-464.28K	-682.1K	-997.46K	-1.48M	-2.2M	-14.47M	-25.91M	-33.68M	-39.04M	-47.09M
Common Dividends	-464.28K	-682.1K	-997.46K	-1.48M	-2.2M	-14.47M	-23.58M	-28.9M	-34.27M	-40.28M
Debt Issuance (Net)	1000K	1000K	1000K	1000K	1000K	-1000K	1000K	1000K	1000K	1000K
Share Repurchases	-6.48M	-7.43M	-7.21M	-9.84M	-41.1M	-4.1M	-2.41M	-2.79M	-6.61M	-664K
Other Financing	999.68K	-36.91K	261K	-324K	-937.78K	-2.69M	-2.19M	-3.25M	-833K	-1.72M
Net Change in Cash+	2.18M	3.72M	-1.22M	9.42M	113.7M	-101.08M	-2.48M	-10.15M	-3.38M	-458K
Exchange Rate Effect	0	0	0	0	0	0	0	0	0	0
Cash at Beginning	1.88M	4.06M	7.78M	12.62M	21.2M	134.91M	33.83M	31.35M	21.19M	17.82M
Cash at End	4.06M	7.78M	6.56M	22.03M	134.9M	33.83M	31.35M	21.19M	17.82M	17.36M
Free Cash Flow+	22.79M	-28.34M	-37.08M	-60.74M	-134.29M	-150.88M	27.58M	-257.83M	46.42M	69.35M
FCF Growth %	1.43%	-2.24%	-0.31%	-0.64%	-1.21%	-0.12%	1.18%	-10.35%	1.18%	0.49%
FCF / Revenue %	-	-	-	-	-	-	-	-	-	-

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
FFO per Share	0.77	3.54	5.31	4.31	8.56	6.91	2.86	1.73	2.21	2.48
FFO Payout Ratio	3.42%	1.13%	1.12%	2.08%	1.71%	14.83%	46.67%	90.26%	68.94%	63.85%
NOI Margin	67.98%	63.64%	66.69%	77.29%	84.19%	73.02%	68.08%	72.23%	72.34%	73.32%
Net Debt / EBITDA	6.45x	1.94x	2.17x	2.51x	5.90x	8.58x	6.14x	9.37x	7.02x	6.36x
Debt / Assets	41.49%	40.68%	42.01%	44.51%	40.89%	44.79%	38.75%	46.17%	51.15%	45.23%
Interest Coverage	2.93x	4.26x	4.72x	6.09x	2.84x	1.13x	2.61x	1.59x	1.19x	0.82x
Book Value / Share	8.02	19.27	23.74	28.07	19.04	24.86	24.35	27.27	20.31	24.12
Revenue Growth	21.05%	65.3%	28.61%	-5.17%	-48.16%	25.46%	24.64%	17.14%	32.55%	14.11%

Revenue by Segment

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Income Properties	-	-	-	-	-	-	-	-	96.66M	110.59M
Income Properties Growth	-	-	-	-	-	-	-	-	-	14.41%
Management Fee Income	-	-	-	-	-	-	-	-	4.39M	4.59M
Management Fee Income Growth	-	-	-	-	-	-	-	-	-	4.60%
Real Estate Operations	-	-	3.05M	46M	852K	650K	-	-	-	1.98M
Real Estate Operations Growth	-	-	-	1409.09%	-98.15%	-23.71%	-	-	-	-
Real Estate Operations	-	-	-	-	-	-	-	-	3.98M	-
Real Estate Operations Growth	-	-	-	-	-	-	-	-	-	-
Royalty	-	-	-	-	-	-	100K	100K	-	-
Royalty Growth	-	-	-	-	-	-	-	0.00%	-	-
Income Properties	-	-	31.41M	40.08M	41.96M	49.95M	-	-	-	-
Income Properties Growth	-	-	-	27.60%	4.69%	19.06%	-	-	-	-
Commercial Loan Investments	-	-	2.05M	616K	1.83M	3.03M	-	-	-	-
Commercial Loan Investments Growth	-	-	-	-69.99%	196.92%	65.88%	-	-	-	-
Management Services	-	-	-	-	-	2.74M	-	-	-	-
Management Services Growth	-	-	-	-	-	-	-	-	-	-
Golf Operations	-	-	5.1M	-	-	-	-	-	-	-
Golf Operations Growth	-	-	-	-	-	-	-	-	-	-
Agriculture And Other Operating	-	-	334.8K	-	-	-	-	-	-	-
Agriculture And Other Operating Growth	-	-	-	-	-	-	-	-	-	-
Subsurface Interests	-	50K	-	-	-	-	-	-	-	-
Subsurface Interests Growth	-	-	-	-	-	-	-	-	-	-
Fill Dirt Excavation	73K	-	-	-	-	-	-	-	-	-
Fill Dirt Excavation Growth	-	-	-	-	-	-	-	-	-	-

Revenue by Geography

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Aspen Colorado	-	-	-	101K	2.2M	-	-	-	-	-
Aspen Colorado Growth	-	-	-	-	2078.22%	-	-	-	-	-
Hendry County Florida	-	-	3.29M	320K	-	-	-	-	-	-
Hendry County Florida Growth	-	-	-	-90.28%	-	-	-	-	-	-
Lee And Hendry County Florida	-	-	922.11K	-	-	-	-	-	-	-
Lee And Hendry County Florida Growth	-	-	-	-	-	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

CTO Realty Growth, Inc. (CTO) reported $146.9M in revenue for fiscal year 2024. This represents a 900% increase from $14.7M in 2011.

CTO Realty Growth, Inc. (CTO) grew revenue by 14.1% over the past year. This is steady growth.

CTO Realty Growth, Inc. (CTO) reported a net loss of $33.3M for fiscal year 2024.

Dividend & Returns

Yes, CTO Realty Growth, Inc. (CTO) pays a dividend with a yield of 8.69%. This makes it attractive for income-focused investors.

CTO Realty Growth, Inc. (CTO) has a return on equity (ROE) of -0.4%. Negative ROE indicates the company is unprofitable.

Industry Metrics

CTO Realty Growth, Inc. (CTO) generated Funds From Operations (FFO) of $11.9M in the trailing twelve months. FFO is the primary profitability metric for REITs.

CTO Realty Growth, Inc. (CTO) offers a 8.69% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.