Kite Realty Group Trust (KRG) 10-Year Financial Performance & Capital Metrics

KRG • • REIT / Real Estate

Real EstateRetail REITsOpen-Air Shopping CentersNational Open-Air Retail

AboutKite Realty Group Trust is a full-service, vertically integrated real estate investment trust (REIT) that provides communities with convenient and beneficial shopping experiences. We connect consumers to retailers in desirable markets through our portfolio of neighborhood, community, and lifestyle centers. Using operational, development, and redevelopment expertise, we continuously optimize our portfolio to maximize value and return to our shareholders.Show more

Revenue $842M +2.3%
FFO $402M +13.5%
FFO/Share 1.83 +13.5%
FFO Payout 55.16% -7.2%
FFO per Share 1.83 +13.5%
NOI Margin 74.16% -0.4%
FFO Margin 47.76% +10.9%
ROE 0.12% -90.9%
ROA 0.06% -91.3%
Debt/Assets 45.5% +3.3%
Net Debt/EBITDA 6.08 -7.6%
Book Value/Share 15.53 -6.4%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓FFO growing 34.4% TTM
✓Sustainable FFO payout ratio of 55.2%
✓High NOI margin of 74.2%
✓Healthy dividend yield of 4.3%
✓Trading near 52-week high

✗Weaknesses

✗Weak 3Y average ROE of 0.4%
✗Dividend payout exceeds 100% of earnings

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y12.49%

5Y21.71%

3Y31.13%

TTM3.33%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM1528.94%

EPS CAGR

10Y-

5Y-

3Y-

TTM1575.98%

ROCE

10Y Avg1.5%

5Y Avg1.21%

3Y Avg1.7%

Latest1.63%

Peer Comparison

National Open-Air Retail

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
KRGKite Realty Group Trust	5.05B	23.34	1261.62	2.29%	16.34%	4.26%	5.5%	0.95
AKRAcadia Realty Trust	2.75B	20.96	110.32	6.2%	4.44%	0.66%	5.11%	0.66
BRXBrixmor Property Group Inc.	7.98B	26.07	23.49	3.21%	24.7%	11.22%	7.83%	1.79
WSRWhitestone REIT	719.38M	14.10	19.58	5.13%	27.99%	9.98%	8.09%	1.42
SITCSITE Centers Corp.	328.94M	6.27	0.64	-38.7%	72.14%	12.2%	17.04%	0.58

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Revenue+	347M	354.12M	358.82M	354.18M	315.17M	266.64M	373.32M	802M	823M	841.84M
Revenue Growth %	0.34%	0.02%	0.01%	-0.01%	-0.11%	-0.15%	0.4%	1.15%	0.03%	0.02%
Property Operating Expenses	90.88M	90.76M	92.82M	92.73M	84.35M	76.88M	105.09M	211.81M	210.38M	217.49M
Net Operating Income (NOI)+	-	-	-	-	-	-	-	-	-	-
NOI Margin %	-	-	-	-	-	-	-	-	-	-
Operating Expenses+	181.19M	197.94M	193.84M	173.48M	159.06M	154.75M	289.76M	498.52M	460.38M	512.96M
G&A Expenses	18.71M	23.37M	21.75M	21.32M	28.21M	30.84M	33.98M	54.86M	56.14M	52.56M
EBITDA+	239.11M	354.12M	351.41M	287.25M	206.62M	165.79M	181.62M	564.64M	459.04M	509.38M
EBITDA Margin %	-	-	-	-	-	-	-	-	-	-
Depreciation & Amortization+	167.31M	288.7M	286.66M	266.22M	134.86M	130.78M	203.14M	472.97M	306.79M	397.99M
D&A / Revenue %	-	-	-	-	-	-	-	-	-	-
Operating Income+	71.8M	65.42M	64.75M	21.03M	71.76M	35.01M	-21.52M	91.67M	152.24M	111.39M
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Interest Expense+	56.43M	65.58M	65.7M	66.78M	59.27M	50.4M	60.45M	104.28M	105.35M	125.69M
Interest Coverage	1.27x	1.00x	0.99x	0.31x	1.21x	0.69x	-0.36x	0.88x	1.45x	0.89x
Non-Operating Income	7.29M	-4.08M	-14.74M	924K	12.77M	1.43M	61K	-496K	22.12M	-18.86M
Pretax Income+	25.43M	-323K	-1.37M	-46.68M	-284K	-16.82M	-82.03M	-12.11M	48.92M	4.55M
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	186K	814K	-100K	-227K	-282K	-696K	-310K	43K	533K	139K
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	27.12M	1.18M	11.87M	-46.57M	-534K	-16.22M	-80.81M	-12.64M	47.5M	4.07M
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	5.76%	-0.96%	9.04%	-4.92%	0.99%	-29.38%	-3.98%	0.84%	4.76%	-0.91%
Funds From Operations (FFO)+	-	-	-	-	-	-	-	-	-	-
FFO Margin %	-	-	-	-	-	-	-	-	-	-
FFO Growth %	0.69%	0.49%	0.03%	-0.26%	-0.39%	-0.15%	0.07%	2.76%	-0.23%	0.13%
FFO per Share+	-	-	-	-	-	-	-	-	-	-
FFO Payout Ratio %	-	-	-	-	-	-	-	-	-	-
EPS (Diluted)+	0.18	0.01	0.14	-0.56	-0.01	-0.19	-0.73	-0.06	0.22	0.02
EPS Growth %	2.84%	-0.94%	13%	-5%	0.99%	-	-2.84%	0.92%	4.81%	-0.92%
EPS (Basic)	0.19	0.01	0.14	-0.56	-0.01	-0.19	-0.73	-0.06	0.22	0.02
Diluted Shares Outstanding	83.53M	83.47M	83.69M	83.69M	83.93M	84.14M	110.64M	219.07M	219.73M	219.73M

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Assets+	3.77B	3.66B	3.51B	3.17B	2.65B	2.61B	7.64B	7.34B	6.94B	7.09B
Asset Growth %	-0.03%	-0.03%	-0.04%	-0.1%	-0.16%	-0.02%	1.93%	-0.04%	-0.05%	0.02%
Real Estate & Other Assets+	108.93M	3.5B	-3.45B	-3.1B	2.48B	2.45B	6.85B	6.77B	6.48B	6.15B
PP&E (Net)	3.47B	3.4B	3.29B	2.94B	0	0	0	6.57B	0	0
Investment Securities	0	-1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Total Current Assets+	107.31M	91.72M	106.87M	122.06M	142.65M	143.72M	293.81M	223.27M	154.72M	682.89M
Cash & Equivalents	33.88M	19.87M	24.08M	35.38M	31.34M	43.65M	93.24M	121.97M	36.41M	128.06M
Receivables	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Assets	13.48M	9.04M	8.09M	15.86M	21.48M	2.94M	-77.7M	0	5.02M	79.06M
Intangible Assets	83.93M	65.45M	44.02M	25.55M	11.05M	5.69M	485.7M	342.99M	304.17M	238.21M
Total Liabilities	1.95B	1.92B	1.87B	1.71B	1.31B	1.33B	3.66B	3.52B	3.3B	3.68B
Total Debt+	1.73B	1.73B	1.7B	1.54B	1.22B	1.24B	3.43B	3.27B	3.06B	3.23B
Net Debt	1.7B	1.71B	1.68B	1.51B	1.19B	1.2B	3.34B	3.14B	3.02B	3.1B
Long-Term Debt	1.72B	1.65B	1.64B	1.54B	1.15B	1.15B	3.1B	3.01B	2.83B	3.23B
Short-Term Borrowings	0	0	1000K	1000K	-1000K	1000K	1000K	0	0	0
Capital Lease Obligations	112.41M	95.36M	83.12M	69.5M	77.09M	71.99M	280.5M	67.17M	228.37M	0
Total Current Liabilities+	212.91M	177.11M	175.05M	169.57M	80.28M	116.13M	280.9M	207.79M	198.08M	206.66M
Accounts Payable	81.36M	80.66M	78.48M	85.93M	72.07M	79.41M	195.78M	219.9M	198.08M	202.65M
Deferred Revenue	131.56M	11.4M	96.56M	83.63M	10.84M	11.72M	30.13M	29.95M	35.34M	0
Other Liabilities	19.15M	82.31M	73.55M	-81.14M	-10.84M	-11.72M	0	42.06M	44.57M	246.1M
Total Equity+	1.82B	1.73B	1.64B	1.46B	1.34B	1.27B	3.98B	3.83B	3.64B	3.41B
Equity Growth %	-0.1%	-0.05%	-0.05%	-0.11%	-0.08%	-0.05%	2.12%	-0.04%	-0.05%	-0.06%
Shareholders Equity	1.73B	1.64B	1.57B	1.41B	1.29B	1.23B	3.92B	3.77B	3.57B	3.31B
Minority Interest	93.09M	88.86M	72.8M	46.44M	53.27M	43.97M	60.32M	59.34M	75.72M	99.97M
Common Stock	833K	835K	836K	838K	840K	842K	2.19M	2.19M	2.19M	2.2M
Additional Paid-in Capital	2.05B	2.06B	2.07B	2.08B	2.07B	2.09B	4.9B	4.9B	4.89B	4.87B
Retained Earnings	-323.26M	-419.31M	-509.83M	-662.74M	-769.96M	-824.31M	-962.91M	-1.21B	-1.37B	-1.6B
Preferred Stock	0	0	0	0	0	0	0	0	0	0
Return on Assets (ROA)	0.01%	0%	0%	-0.01%	-0%	-0.01%	-0.02%	-0%	0.01%	0%
Return on Equity (ROE)	0.01%	0%	0.01%	-0.03%	-0%	-0.01%	-0.03%	-0%	0.01%	0%
Debt / Assets	0.46%	0.47%	0.48%	0.49%	0.46%	0.48%	0.45%	0.44%	0.44%	0.46%
Debt / Equity	0.95x	1.00x	1.04x	1.06x	0.91x	0.98x	0.86x	0.85x	0.84x	0.95x
Net Debt / EBITDA	7.11x	4.83x	4.77x	5.25x	5.77x	7.23x	18.38x	5.57x	6.58x	6.08x
Book Value per Share	21.78	20.76	19.57	17.43	15.99	15.15	35.99	17.46	16.58	15.53

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+	169.34M	154.93M	153.66M	154.38M	137.96M	95.52M	100.35M	379.28M	394.65M	419.03M
Operating CF Growth %	3.01%	-0.09%	-0.01%	0%	-0.11%	-0.31%	0.05%	2.78%	0.04%	0.06%
Operating CF / Revenue %	-	-	-	-	-	-	-	-	-	-
Net Income	29.32M	3.12M	13.89M	-46.45M	-2K	-16.12M	-81.72M	-12.15M	47.5M	4.42M
Depreciation & Amortization	170.52M	179.08M	174.63M	156.11M	134.86M	130.78M	203.14M	472.97M	426.36M	397.99M
Stock-Based Compensation	4.58M	5.21M	5.99M	4.87M	5.38M	6M	6.7M	10.28M	10.12M	10.74M
Other Non-Cash Items	-17.4M	-18.01M	-11.29M	-12.05M	-7.4M	-1.14M	-10.99M	-62.04M	-54.83M	30.71M
Working Capital Changes	-9.06M	-14.42M	-24.59M	-17.98M	-5.19M	-19.27M	14.44M	-29.77M	-34.49M	-24.83M
Cash from Investing+	-84.4M	-82.66M	-126K	148.33M	416.59M	-80.84M	-91.03M	-45.15M	-81.73M	-498.99M
Acquisitions (Net)	-34M	0	-1.4M	-9.97M	-798K	-541K	-134K	-125K	0	-13.19M
Purchase of Investments	-161.85M	0	-1.4M	-9.97M	-59M	-4.67M	-125M	-100.27M	0	-615M
Sale of Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	0	0
Other Investing	8.17M	11.66M	71.8M	217.61M	256K	-42.03M	34.1M	88.78M	60.85M	270.14M
Cash from Financing+	-94.89M	-86.28M	-149.32M	-289.39M	-547.25M	-20.9M	44.46M	-312.53M	-393.46M	172.09M
Dividends Paid	-97.96M	-94.67M	-101.13M	-106.32M	-133.26M	-38.13M	-57.8M	-179.62M	-210.55M	-221.79M
Common Dividends	-89.38M	-94.67M	-101.13M	-106.32M	-133.26M	-38.13M	-57.8M	-179.62M	-210.55M	-221.79M
Debt Issuance (Net)	1000K	1000K	-1000K	-1000K	-1000K	1000K	1000K	-1000K	-1000K	1000K
Share Repurchases	-1M	-1.13M	-808K	-350K	-533K	-1.34M	-15.03M	-1.53M	-767K	-907K
Other Financing	-42.71M	-7.68M	-15.93M	-30.92M	-3.84M	-4.03M	-20.15M	-17.43M	-6.92M	-23.53M
Net Change in Cash+	-9.95M	-14.01M	4.21M	13.33M	7.31M	-6.23M	53.78M	21.61M	-80.54M	92.12M
Exchange Rate Effect	0	0	0	0	0	0	0	0	0	0
Cash at Beginning	43.83M	33.88M	19.87M	32.18M	45.51M	52.81M	46.59M	100.36M	121.97M	41.43M
Cash at End	33.88M	19.87M	24.08M	45.51M	52.81M	46.59M	100.36M	121.97M	41.43M	133.55M
Free Cash Flow+	76.77M	60.61M	83.13M	95.08M	84.68M	57.25M	43.04M	220.74M	252.07M	278.08M
FCF Growth %	2.47%	-0.21%	0.37%	0.14%	-0.11%	-0.32%	-0.25%	4.13%	0.14%	0.1%
FCF / Revenue %	-	-	-	-	-	-	-	-	-	-

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
FFO per Share	2.33	3.47	3.57	2.62	1.6	1.36	1.11	2.1	1.61	1.83
FFO Payout Ratio	45.97%	32.66%	33.87%	48.4%	99.2%	33.28%	47.25%	39.02%	59.43%	55.16%
NOI Margin	73.81%	74.37%	74.13%	73.82%	73.24%	71.17%	71.85%	73.59%	74.44%	74.16%
Net Debt / EBITDA	7.11x	4.83x	4.77x	5.25x	5.77x	7.23x	18.38x	5.57x	6.58x	6.08x
Debt / Assets	46.04%	47.34%	48.38%	48.65%	46.2%	47.64%	44.91%	44.49%	44.03%	45.5%
Interest Coverage	1.27x	1.00x	0.99x	0.31x	1.21x	0.69x	-0.36x	0.88x	1.45x	0.89x
Book Value / Share	21.78	20.76	19.57	17.43	15.99	15.15	35.99	17.46	16.58	15.53
Revenue Growth	33.71%	2.05%	1.33%	-1.29%	-11.01%	-15.4%	40.01%	114.83%	2.62%	2.29%

Revenue by Segment

	2018	2019	2020	2021	2022	2023	2024
Real Estate, Other	13.14M	6.33M	8.6M	4.68M	11.11M	8.49M	10.63M
Real Estate, Other Growth	-	-51.85%	35.90%	-45.53%	137.20%	-23.55%	25.19%
Management Service	2.52M	448K	378K	1.24M	8.54M	4.37M	4.66M
Management Service Growth	-	-82.24%	-15.63%	228.57%	587.52%	-48.87%	6.80%
Tenant Reimbursement	72.15M	-	-	-	-	-	-
Tenant Reimbursement Growth	-	-	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

Kite Realty Group Trust (KRG) reported $854.9M in revenue for fiscal year 2024. This represents a 739% increase from $101.9M in 2011.

Kite Realty Group Trust (KRG) grew revenue by 2.3% over the past year. Growth has been modest.

Yes, Kite Realty Group Trust (KRG) is profitable, generating $139.7M in net income for fiscal year 2024 (0.5% net margin).

Dividend & Returns

Yes, Kite Realty Group Trust (KRG) pays a dividend with a yield of 4.32%. This makes it attractive for income-focused investors.

Kite Realty Group Trust (KRG) has a return on equity (ROE) of 0.1%. This is below average, suggesting room for improvement.

Industry Metrics

Kite Realty Group Trust (KRG) generated Funds From Operations (FFO) of $527.3M in the trailing twelve months. FFO is the primary profitability metric for REITs.

Kite Realty Group Trust (KRG) offers a 4.32% 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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Kite Realty Group Trust (KRG) 10-Year Financial Performance & Capital Metrics

KRG • • REIT / Real Estate

Real EstateRetail REITsOpen-Air Shopping CentersNational Open-Air Retail

Revenue $842M +2.3%
FFO $402M +13.5%
FFO/Share 1.83 +13.5%
FFO Payout 55.16% -7.2%
FFO per Share 1.83 +13.5%
NOI Margin 74.16% -0.4%
FFO Margin 47.76% +10.9%
ROE 0.12% -90.9%
ROA 0.06% -91.3%
Debt/Assets 45.5% +3.3%
Net Debt/EBITDA 6.08 -7.6%
Book Value/Share 15.53 -6.4%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓FFO growing 34.4% TTM
✓Sustainable FFO payout ratio of 55.2%
✓High NOI margin of 74.2%
✓Healthy dividend yield of 4.3%
✓Trading near 52-week high

✗Weaknesses

✗Weak 3Y average ROE of 0.4%
✗Dividend payout exceeds 100% of earnings

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y12.49%

5Y21.71%

3Y31.13%

TTM3.33%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM1528.94%

EPS CAGR

10Y-

5Y-

3Y-

TTM1575.98%

ROCE

10Y Avg1.5%

5Y Avg1.21%

3Y Avg1.7%

Latest1.63%

Peer Comparison

National Open-Air Retail

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
KRGKite Realty Group Trust	5.05B	23.34	1261.62	2.29%	16.34%	4.26%	5.5%	0.95
AKRAcadia Realty Trust	2.75B	20.96	110.32	6.2%	4.44%	0.66%	5.11%	0.66
BRXBrixmor Property Group Inc.	7.98B	26.07	23.49	3.21%	24.7%	11.22%	7.83%	1.79
WSRWhitestone REIT	719.38M	14.10	19.58	5.13%	27.99%	9.98%	8.09%	1.42
SITCSITE Centers Corp.	328.94M	6.27	0.64	-38.7%	72.14%	12.2%	17.04%	0.58

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Revenue+	347M	354.12M	358.82M	354.18M	315.17M	266.64M	373.32M	802M	823M	841.84M
Revenue Growth %	0.34%	0.02%	0.01%	-0.01%	-0.11%	-0.15%	0.4%	1.15%	0.03%	0.02%
Property Operating Expenses	90.88M	90.76M	92.82M	92.73M	84.35M	76.88M	105.09M	211.81M	210.38M	217.49M
Net Operating Income (NOI)+	-	-	-	-	-	-	-	-	-	-
NOI Margin %	-	-	-	-	-	-	-	-	-	-
Operating Expenses+	181.19M	197.94M	193.84M	173.48M	159.06M	154.75M	289.76M	498.52M	460.38M	512.96M
G&A Expenses	18.71M	23.37M	21.75M	21.32M	28.21M	30.84M	33.98M	54.86M	56.14M	52.56M
EBITDA+	239.11M	354.12M	351.41M	287.25M	206.62M	165.79M	181.62M	564.64M	459.04M	509.38M
EBITDA Margin %	-	-	-	-	-	-	-	-	-	-
Depreciation & Amortization+	167.31M	288.7M	286.66M	266.22M	134.86M	130.78M	203.14M	472.97M	306.79M	397.99M
D&A / Revenue %	-	-	-	-	-	-	-	-	-	-
Operating Income+	71.8M	65.42M	64.75M	21.03M	71.76M	35.01M	-21.52M	91.67M	152.24M	111.39M
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Interest Expense+	56.43M	65.58M	65.7M	66.78M	59.27M	50.4M	60.45M	104.28M	105.35M	125.69M
Interest Coverage	1.27x	1.00x	0.99x	0.31x	1.21x	0.69x	-0.36x	0.88x	1.45x	0.89x
Non-Operating Income	7.29M	-4.08M	-14.74M	924K	12.77M	1.43M	61K	-496K	22.12M	-18.86M
Pretax Income+	25.43M	-323K	-1.37M	-46.68M	-284K	-16.82M	-82.03M	-12.11M	48.92M	4.55M
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	186K	814K	-100K	-227K	-282K	-696K	-310K	43K	533K	139K
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	27.12M	1.18M	11.87M	-46.57M	-534K	-16.22M	-80.81M	-12.64M	47.5M	4.07M
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	5.76%	-0.96%	9.04%	-4.92%	0.99%	-29.38%	-3.98%	0.84%	4.76%	-0.91%
Funds From Operations (FFO)+	-	-	-	-	-	-	-	-	-	-
FFO Margin %	-	-	-	-	-	-	-	-	-	-
FFO Growth %	0.69%	0.49%	0.03%	-0.26%	-0.39%	-0.15%	0.07%	2.76%	-0.23%	0.13%
FFO per Share+	-	-	-	-	-	-	-	-	-	-
FFO Payout Ratio %	-	-	-	-	-	-	-	-	-	-
EPS (Diluted)+	0.18	0.01	0.14	-0.56	-0.01	-0.19	-0.73	-0.06	0.22	0.02
EPS Growth %	2.84%	-0.94%	13%	-5%	0.99%	-	-2.84%	0.92%	4.81%	-0.92%
EPS (Basic)	0.19	0.01	0.14	-0.56	-0.01	-0.19	-0.73	-0.06	0.22	0.02
Diluted Shares Outstanding	83.53M	83.47M	83.69M	83.69M	83.93M	84.14M	110.64M	219.07M	219.73M	219.73M

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Assets+	3.77B	3.66B	3.51B	3.17B	2.65B	2.61B	7.64B	7.34B	6.94B	7.09B
Asset Growth %	-0.03%	-0.03%	-0.04%	-0.1%	-0.16%	-0.02%	1.93%	-0.04%	-0.05%	0.02%
Real Estate & Other Assets+	108.93M	3.5B	-3.45B	-3.1B	2.48B	2.45B	6.85B	6.77B	6.48B	6.15B
PP&E (Net)	3.47B	3.4B	3.29B	2.94B	0	0	0	6.57B	0	0
Investment Securities	0	-1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Total Current Assets+	107.31M	91.72M	106.87M	122.06M	142.65M	143.72M	293.81M	223.27M	154.72M	682.89M
Cash & Equivalents	33.88M	19.87M	24.08M	35.38M	31.34M	43.65M	93.24M	121.97M	36.41M	128.06M
Receivables	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Assets	13.48M	9.04M	8.09M	15.86M	21.48M	2.94M	-77.7M	0	5.02M	79.06M
Intangible Assets	83.93M	65.45M	44.02M	25.55M	11.05M	5.69M	485.7M	342.99M	304.17M	238.21M
Total Liabilities	1.95B	1.92B	1.87B	1.71B	1.31B	1.33B	3.66B	3.52B	3.3B	3.68B
Total Debt+	1.73B	1.73B	1.7B	1.54B	1.22B	1.24B	3.43B	3.27B	3.06B	3.23B
Net Debt	1.7B	1.71B	1.68B	1.51B	1.19B	1.2B	3.34B	3.14B	3.02B	3.1B
Long-Term Debt	1.72B	1.65B	1.64B	1.54B	1.15B	1.15B	3.1B	3.01B	2.83B	3.23B
Short-Term Borrowings	0	0	1000K	1000K	-1000K	1000K	1000K	0	0	0
Capital Lease Obligations	112.41M	95.36M	83.12M	69.5M	77.09M	71.99M	280.5M	67.17M	228.37M	0
Total Current Liabilities+	212.91M	177.11M	175.05M	169.57M	80.28M	116.13M	280.9M	207.79M	198.08M	206.66M
Accounts Payable	81.36M	80.66M	78.48M	85.93M	72.07M	79.41M	195.78M	219.9M	198.08M	202.65M
Deferred Revenue	131.56M	11.4M	96.56M	83.63M	10.84M	11.72M	30.13M	29.95M	35.34M	0
Other Liabilities	19.15M	82.31M	73.55M	-81.14M	-10.84M	-11.72M	0	42.06M	44.57M	246.1M
Total Equity+	1.82B	1.73B	1.64B	1.46B	1.34B	1.27B	3.98B	3.83B	3.64B	3.41B
Equity Growth %	-0.1%	-0.05%	-0.05%	-0.11%	-0.08%	-0.05%	2.12%	-0.04%	-0.05%	-0.06%
Shareholders Equity	1.73B	1.64B	1.57B	1.41B	1.29B	1.23B	3.92B	3.77B	3.57B	3.31B
Minority Interest	93.09M	88.86M	72.8M	46.44M	53.27M	43.97M	60.32M	59.34M	75.72M	99.97M
Common Stock	833K	835K	836K	838K	840K	842K	2.19M	2.19M	2.19M	2.2M
Additional Paid-in Capital	2.05B	2.06B	2.07B	2.08B	2.07B	2.09B	4.9B	4.9B	4.89B	4.87B
Retained Earnings	-323.26M	-419.31M	-509.83M	-662.74M	-769.96M	-824.31M	-962.91M	-1.21B	-1.37B	-1.6B
Preferred Stock	0	0	0	0	0	0	0	0	0	0
Return on Assets (ROA)	0.01%	0%	0%	-0.01%	-0%	-0.01%	-0.02%	-0%	0.01%	0%
Return on Equity (ROE)	0.01%	0%	0.01%	-0.03%	-0%	-0.01%	-0.03%	-0%	0.01%	0%
Debt / Assets	0.46%	0.47%	0.48%	0.49%	0.46%	0.48%	0.45%	0.44%	0.44%	0.46%
Debt / Equity	0.95x	1.00x	1.04x	1.06x	0.91x	0.98x	0.86x	0.85x	0.84x	0.95x
Net Debt / EBITDA	7.11x	4.83x	4.77x	5.25x	5.77x	7.23x	18.38x	5.57x	6.58x	6.08x
Book Value per Share	21.78	20.76	19.57	17.43	15.99	15.15	35.99	17.46	16.58	15.53

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+	169.34M	154.93M	153.66M	154.38M	137.96M	95.52M	100.35M	379.28M	394.65M	419.03M
Operating CF Growth %	3.01%	-0.09%	-0.01%	0%	-0.11%	-0.31%	0.05%	2.78%	0.04%	0.06%
Operating CF / Revenue %	-	-	-	-	-	-	-	-	-	-
Net Income	29.32M	3.12M	13.89M	-46.45M	-2K	-16.12M	-81.72M	-12.15M	47.5M	4.42M
Depreciation & Amortization	170.52M	179.08M	174.63M	156.11M	134.86M	130.78M	203.14M	472.97M	426.36M	397.99M
Stock-Based Compensation	4.58M	5.21M	5.99M	4.87M	5.38M	6M	6.7M	10.28M	10.12M	10.74M
Other Non-Cash Items	-17.4M	-18.01M	-11.29M	-12.05M	-7.4M	-1.14M	-10.99M	-62.04M	-54.83M	30.71M
Working Capital Changes	-9.06M	-14.42M	-24.59M	-17.98M	-5.19M	-19.27M	14.44M	-29.77M	-34.49M	-24.83M
Cash from Investing+	-84.4M	-82.66M	-126K	148.33M	416.59M	-80.84M	-91.03M	-45.15M	-81.73M	-498.99M
Acquisitions (Net)	-34M	0	-1.4M	-9.97M	-798K	-541K	-134K	-125K	0	-13.19M
Purchase of Investments	-161.85M	0	-1.4M	-9.97M	-59M	-4.67M	-125M	-100.27M	0	-615M
Sale of Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	0	0
Other Investing	8.17M	11.66M	71.8M	217.61M	256K	-42.03M	34.1M	88.78M	60.85M	270.14M
Cash from Financing+	-94.89M	-86.28M	-149.32M	-289.39M	-547.25M	-20.9M	44.46M	-312.53M	-393.46M	172.09M
Dividends Paid	-97.96M	-94.67M	-101.13M	-106.32M	-133.26M	-38.13M	-57.8M	-179.62M	-210.55M	-221.79M
Common Dividends	-89.38M	-94.67M	-101.13M	-106.32M	-133.26M	-38.13M	-57.8M	-179.62M	-210.55M	-221.79M
Debt Issuance (Net)	1000K	1000K	-1000K	-1000K	-1000K	1000K	1000K	-1000K	-1000K	1000K
Share Repurchases	-1M	-1.13M	-808K	-350K	-533K	-1.34M	-15.03M	-1.53M	-767K	-907K
Other Financing	-42.71M	-7.68M	-15.93M	-30.92M	-3.84M	-4.03M	-20.15M	-17.43M	-6.92M	-23.53M
Net Change in Cash+	-9.95M	-14.01M	4.21M	13.33M	7.31M	-6.23M	53.78M	21.61M	-80.54M	92.12M
Exchange Rate Effect	0	0	0	0	0	0	0	0	0	0
Cash at Beginning	43.83M	33.88M	19.87M	32.18M	45.51M	52.81M	46.59M	100.36M	121.97M	41.43M
Cash at End	33.88M	19.87M	24.08M	45.51M	52.81M	46.59M	100.36M	121.97M	41.43M	133.55M
Free Cash Flow+	76.77M	60.61M	83.13M	95.08M	84.68M	57.25M	43.04M	220.74M	252.07M	278.08M
FCF Growth %	2.47%	-0.21%	0.37%	0.14%	-0.11%	-0.32%	-0.25%	4.13%	0.14%	0.1%
FCF / Revenue %	-	-	-	-	-	-	-	-	-	-

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
FFO per Share	2.33	3.47	3.57	2.62	1.6	1.36	1.11	2.1	1.61	1.83
FFO Payout Ratio	45.97%	32.66%	33.87%	48.4%	99.2%	33.28%	47.25%	39.02%	59.43%	55.16%
NOI Margin	73.81%	74.37%	74.13%	73.82%	73.24%	71.17%	71.85%	73.59%	74.44%	74.16%
Net Debt / EBITDA	7.11x	4.83x	4.77x	5.25x	5.77x	7.23x	18.38x	5.57x	6.58x	6.08x
Debt / Assets	46.04%	47.34%	48.38%	48.65%	46.2%	47.64%	44.91%	44.49%	44.03%	45.5%
Interest Coverage	1.27x	1.00x	0.99x	0.31x	1.21x	0.69x	-0.36x	0.88x	1.45x	0.89x
Book Value / Share	21.78	20.76	19.57	17.43	15.99	15.15	35.99	17.46	16.58	15.53
Revenue Growth	33.71%	2.05%	1.33%	-1.29%	-11.01%	-15.4%	40.01%	114.83%	2.62%	2.29%

Revenue by Segment

	2018	2019	2020	2021	2022	2023	2024
Real Estate, Other	13.14M	6.33M	8.6M	4.68M	11.11M	8.49M	10.63M
Real Estate, Other Growth	-	-51.85%	35.90%	-45.53%	137.20%	-23.55%	25.19%
Management Service	2.52M	448K	378K	1.24M	8.54M	4.37M	4.66M
Management Service Growth	-	-82.24%	-15.63%	228.57%	587.52%	-48.87%	6.80%
Tenant Reimbursement	72.15M	-	-	-	-	-	-
Tenant Reimbursement Growth	-	-	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

Kite Realty Group Trust (KRG) reported $854.9M in revenue for fiscal year 2024. This represents a 739% increase from $101.9M in 2011.

Kite Realty Group Trust (KRG) grew revenue by 2.3% over the past year. Growth has been modest.

Yes, Kite Realty Group Trust (KRG) is profitable, generating $139.7M in net income for fiscal year 2024 (0.5% net margin).

Dividend & Returns

Yes, Kite Realty Group Trust (KRG) pays a dividend with a yield of 4.32%. This makes it attractive for income-focused investors.

Kite Realty Group Trust (KRG) has a return on equity (ROE) of 0.1%. This is below average, suggesting room for improvement.

Industry Metrics

Kite Realty Group Trust (KRG) generated Funds From Operations (FFO) of $527.3M in the trailing twelve months. FFO is the primary profitability metric for REITs.

Kite Realty Group Trust (KRG) offers a 4.32% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.