| Name | Market Cap | Current Price | P/E Ratio | Revenue Growth 1Y | Net Margin | ROE | FCF Yield | Debt/Equity |
|---|---|---|---|---|---|---|---|---|
| SPGSimon Property Group, Inc. | 59.52B | 182.31 | 25.11 | 5.39% | 36.29% | 75.1% | 5.14% | 6.89 |
| CBLCBL & Associates Properties, Inc. | 1.14B | 37.14 | 19.86 | -3.68% | 22.36% | 36.35% | 17.75% | 7.07 |
| SRGSeritage Growth Properties | 199.95M | 3.55 | -1.26 | -15.19% | -404.37% | -21.96% | 0.59 | |
| MACThe Macerich Company | 4.69B | 18.32 | -23.49 | 3.86% | -37.97% | -15.09% | 6.04% | 1.78 |
| Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 113.18M | 248.67M | 241.02M | 214.75M | 168.63M | 116.5M | 116.68M | 107.06M | 20.78M | 17.62M |
| Revenue Growth % | - | 1.2% | -0.03% | -0.11% | -0.21% | -0.31% | 0% | -0.08% | -0.81% | -0.15% |
| Property Operating Expenses | 94.2M | 65.19M | 65.35M | 71.15M | 80.72M | 77.93M | 80.26M | 65.72M | 27.41M | 20.27M |
| Net Operating Income (NOI) | - | - | - | - | - | - | - | - | - | - |
| NOI Margin % | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | 9.96M | 194.86M | 290.23M | 261.72M | 143.74M | 124.85M | 93.15M | 88.75M | 60.46M | 43.14M |
| G&A Expenses | 19.91M | 17.47M | 27.9M | 34.79M | 39.16M | 28.85M | 41.95M | 47.63M | 45.99M | 30.02M |
| EBITDA | 74.54M | 230.85M | 241.52M | 214.58M | 48.76M | 9.71M | -5.35M | -6.08M | -52.44M | -32.48M |
| EBITDA Margin % | - | - | - | - | - | - | - | - | - | - |
| Depreciation & Amortization | 65.52M | 261.3M | 356.08M | 332.69M | 104.58M | 96M | 51.38M | 41.34M | 14.65M | 13.31M |
| D&A / Revenue % | - | - | - | - | - | - | - | - | - | - |
| Operating Income | 9.02M | -30.45M | -114.57M | -118.12M | -55.82M | -86.28M | -56.73M | -47.41M | -67.09M | -45.79M |
| Operating Margin % | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | 60.65M | 63.59M | 70.11M | 90.02M | 94.52M | 91.32M | 107.97M | 86.73M | 0 | 24.97M |
| Interest Coverage | 0.15x | -0.48x | -1.63x | -1.31x | -0.59x | -0.94x | -0.53x | -0.55x | - | -1.83x |
| Non-Operating Income | 30.46M | -3.53M | -64.14M | -93.58M | -59.93M | -24.89M | -125.91M | -14.51M | 43.21M | 81.19M |
| Pretax Income | -37.86M | -90.5M | -120.54M | -114.56M | -90.41M | -152.71M | -38.79M | -119.63M | -154.87M | -151.95M |
| Pretax Margin % | - | - | - | - | - | - | - | - | - | - |
| Income Tax | 944K | 505K | 271K | 321K | 196K | 252K | 196K | 466K | 38K | 1.58M |
| Effective Tax Rate % | - | - | - | - | - | - | - | - | - | - |
| Net Income | -22.34M | -51.56M | -73.75M | -73.47M | -59.4M | -105.03M | -28.15M | -73.94M | -154.91M | -153.54M |
| Net Margin % | - | - | - | - | - | - | - | - | - | - |
| Net Income Growth % | - | -1.31% | -0.43% | 0% | 0.19% | -0.77% | 0.73% | -1.63% | -1.09% | 0.01% |
| Funds From Operations (FFO) | - | - | - | - | - | - | - | - | - | - |
| FFO Margin % | - | - | - | - | - | - | - | - | - | - |
| FFO Growth % | - | 3.86% | 0.35% | -0.08% | -0.83% | -1.2% | 3.57% | -2.4% | -3.3% | 0% |
| FFO per Share | - | - | - | - | - | - | - | - | - | - |
| FFO Payout Ratio % | - | - | - | - | - | - | - | - | - | - |
| EPS (Diluted) | -0.71 | -1.64 | -2.18 | -2.07 | -2.49 | -3.99 | -0.92 | -2.42 | -2.85 | -2.82 |
| EPS Growth % | - | -1.31% | -0.33% | 0.05% | -0.2% | -0.6% | 0.77% | -1.63% | -0.18% | 0.01% |
| EPS (Basic) | -0.71 | -1.64 | -2.18 | -2.07 | -2.49 | -3.99 | -0.92 | -2.42 | -2.84 | -2.82 |
| Diluted Shares Outstanding | 31.39M | 31.42M | 33.8M | 35.56M | 36.41M | 38.3M | 42.39M | 49.73M | 56.15M | 56.26M |
| Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 2.83B | 2.71B | 2.78B | 2.88B | 2.75B | 2.65B | 2.41B | 1.84B | 973.86M | 677.77M |
| Asset Growth % | - | -0.04% | 0.02% | 0.04% | -0.04% | -0.04% | -0.09% | -0.24% | -0.47% | -0.3% |
| Real Estate & Other Assets | 1.64B | -1.06B | 2.49M | 5.41M | 9.28M | 5M | 200K | 0 | 0 | 11.29M |
| PP&E (Net) | 2.57M | 5.45M | 6.29M | 5.3M | 22.84M | 1.93B | 1.71B | 780.62M | 560.74M | 370.13M |
| Investment Securities | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Total Current Assets | 168.91M | 167.95M | 454.55M | 582.45M | 210.03M | 238.64M | 187.45M | 676.71M | 215.8M | 105.6M |
| Cash & Equivalents | 62.87M | 52.03M | 241.57M | 532.86M | 139.26M | 143.73M | 106.6M | 133.48M | 134M | 85.21M |
| Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Other Current Assets | 115.6M | 102.67M | 195.81M | 3.09M | 5.28M | 53.34M | 51.93M | 501.74M | 69.55M | 12.5M |
| Intangible Assets | 578.79M | 464.4M | 310.1M | 123.66M | 68.15M | 18.59M | 14.82M | 1.79M | 886K | 1.05M |
| Total Liabilities | 1.26B | 1.29B | 1.45B | 1.73B | 1.71B | 1.77B | 1.57B | 1.12B | 410.7M | 271.97M |
| Total Debt | 1.14B | 1.17B | 1.35B | 1.6B | 1.61B | 1.62B | 1.46B | 1.03B | 367.6M | 240M |
| Net Debt | 1.08B | 1.11B | 1.1B | 1.07B | 1.47B | 1.48B | 1.35B | 898.3M | 233.6M | 154.79M |
| Long-Term Debt | 1.14B | 1.17B | 1.35B | 1.6B | 1.6B | 1.6B | 1.44B | 1.03B | 360M | 240M |
| Short-Term Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 0 | 28K | 28K | 7.67M | 20.43M | 20.63M | 2.02M | 7.6M | 0 |
| Total Current Liabilities | 79.77M | 88.52M | 81.05M | 104.08M | 79.24M | 142.7M | 105.72M | 88.39M | 43.4M | 31.97M |
| Accounts Payable | 13.79M | 16.05M | 9.59M | 28.07M | 34.38M | 133.2M | 96.22M | 86.36M | 42.25M | 31.97M |
| Deferred Revenue | 0 | 1.98M | 14.68M | 20.52M | 8.32M | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 30.6M | 26.52M | 13.7M | 23.48M | 0 | 4.19M | 3.66M | 978K | 848K | 0 |
| Total Equity | 1.57B | 1.42B | 1.32B | 1.15B | 1.04B | 882.73M | 844.8M | 722.6M | 563.16M | 405.8M |
| Equity Growth % | - | -0.09% | -0.07% | -0.13% | -0.09% | -0.15% | -0.04% | -0.14% | -0.22% | -0.28% |
| Shareholders Equity | 886.7M | 804.56M | 886.7M | 780.77M | 731.42M | 649.04M | 687.74M | 720.47M | 561.99M | 404.46M |
| Minority Interest | 683.38M | 619.75M | 434.16M | 369.69M | 311.95M | 233.69M | 157.06M | 2.13M | 1.17M | 1.35M |
| Common Stock | 332K | 332K | 368K | 370K | 381K | 389K | 436K | 561K | 562K | 562K |
| Additional Paid-in Capital | 924.51M | 925.56M | 1.12B | 1.12B | 1.15B | 1.18B | 1.24B | 1.36B | 1.36B | 1.36B |
| Retained Earnings | -38.15M | -121.34M | -229.76M | -344.13M | -418.71M | -528.64M | -553.77M | -640.53M | -800.34M | -958.78M |
| Preferred Stock | 0 | 0 | 28K | 28K | 28K | 28K | 28K | 28K | 28K | 28K |
| Return on Assets (ROA) | -0.01% | -0.02% | -0.03% | -0.03% | -0.02% | -0.04% | -0.01% | -0.03% | -0.11% | -0.19% |
| Return on Equity (ROE) | -0.01% | -0.03% | -0.05% | -0.06% | -0.05% | -0.11% | -0.03% | -0.09% | -0.24% | -0.32% |
| Debt / Assets | 0.4% | 0.43% | 0.48% | 0.56% | 0.58% | 0.61% | 0.6% | 0.56% | 0.38% | 0.35% |
| Debt / Equity | 0.73x | 0.82x | 1.02x | 1.39x | 1.54x | 1.83x | 1.73x | 1.43x | 0.65x | 0.59x |
| Net Debt / EBITDA | 14.48x | 4.83x | 4.57x | 4.96x | 30.08x | 151.91x | - | - | - | - |
| Book Value per Share | 50.02 | 45.34 | 39.07 | 32.35 | 28.65 | 23.05 | 19.93 | 14.53 | 10.03 | 7.21 |
| Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 21.43M | 92.42M | 69.65M | 54.9M | -57.66M | -47.31M | -136M | -117.92M | -53.06M | -53.55M |
| Operating CF Growth % | - | 3.31% | -0.25% | -0.21% | -2.05% | 0.18% | -1.87% | 0.13% | 0.55% | -0.01% |
| Operating CF / Revenue % | - | - | - | - | - | - | - | - | - | - |
| Net Income | -22.34M | -91.01M | -120.81M | -114.88M | -90.6M | -152.96M | -38.98M | -120.1M | -154.91M | -153.54M |
| Depreciation & Amortization | 65.52M | 176.44M | 261.45M | 225.91M | 104.09M | 94.2M | 51.38M | 41.34M | 14.47M | 13.12M |
| Stock-Based Compensation | 1.89M | 1.07M | 7.02M | 7.47M | 6.84M | -3.04M | 1.86M | 2.77M | 2.73M | 1.49M |
| Other Non-Cash Items | 116.24M | -7.5M | 5M | 13.15M | -15.16M | 5.4M | -1.65M | -12.69M | 77.57M | 92.42M |
| Working Capital Changes | -5.48M | 1.02M | -34.09M | 4.99M | -10.6M | 30.36M | -33.59M | -29.24M | 7.07M | -7.04M |
| Cash from Investing | -2.66B | -52.78M | 27.15M | -119.47M | -299.49M | 42.87M | 260.71M | 586.08M | 732.91M | 126.87M |
| Acquisitions (Net) | -2.63B | -9M | 219.38M | -27M | -54.19M | -43.34M | -38.64M | 30.15M | 126K | 173K |
| Purchase of Investments | -2.66B | -75.19M | -281.1M | -340.56M | -441.88M | -309.71M | -144.3M | -124.81M | -93.11M | 0 |
| Sale of Investments | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 |
| Other Investing | -5.28B | 22.41M | 50.88M | -92.47M | -245.3M | 86.21M | 299.35M | 555.93M | 732.91M | 126.7M |
| Cash from Financing | 2.78B | -50.49M | 180.79M | 180.2M | -36.45M | 15.44M | -161.21M | -436.97M | -675.09M | -125.31M |
| Dividends Paid | 0 | -39.35M | -34.25M | -39.7M | -22.86M | -4.9M | -4.9M | -4.9M | -4.9M | -4.9M |
| Common Dividends | 0 | -39.35M | -34.25M | -35.68M | -17.96M | 0 | 0 | 0 | -4.9M | -4.9M |
| Debt Issuance (Net) | 1000K | 1000K | 1000K | 1000K | 0 | 1000K | -1000K | -1000K | -1000K | -1000K |
| Share Repurchases | 1.64B | 0 | 310M | -1.84M | -3.52M | -85K | -269K | 0 | -315K | -586K |
| Other Financing | 1.64B | -31.13M | -29.32M | -22.7M | -10.06M | 0 | 3.96M | 0 | 126K | 173K |
| Net Change in Cash | 132.74M | -10.84M | 277.59M | 115.62M | -393.6M | 10.99M | -36.5M | 31.19M | 4.76M | -51.99M |
| Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash at Beginning | 22.61M | 62.87M | 139.64M | 417.23M | 532.86M | 139.26M | 150.25M | 113.75M | 144.94M | 149.7M |
| Cash at End | 155.34M | 52.03M | 417.23M | 532.86M | 139.26M | 150.25M | 113.75M | 144.94M | 149.7M | 97.71M |
| Free Cash Flow | 10.43M | 26.23M | -173.46M | 54.9M | 243.71M | -89.03M | -384.12M | -692.07M | -785.97M | -53.55M |
| FCF Growth % | - | 1.51% | -7.61% | 1.32% | 3.44% | -1.37% | -3.31% | -0.8% | -0.14% | 0.93% |
| FCF / Revenue % | - | - | - | - | - | - | - | - | - | - |
| Metric | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| FFO per Share | 1.38 | 6.68 | 8.35 | 7.29 | 1.24 | -0.24 | 0.55 | -0.66 | -2.5 | -2.49 |
| FFO Payout Ratio | 0% | 18.76% | 12.13% | 13.76% | 39.76% | 0% | 21.1% | 0% | -3.49% | -3.49% |
| NOI Margin | 16.77% | 73.78% | 72.88% | 66.87% | 52.13% | 33.1% | 31.21% | 38.61% | -31.91% | -15.05% |
| Net Debt / EBITDA | 14.48x | 4.83x | 4.57x | 4.96x | 30.08x | 151.91x | - | - | - | - |
| Debt / Assets | 40.32% | 43.02% | 48.47% | 55.56% | 58.39% | 61.13% | 60.48% | 56.02% | 37.75% | 35.41% |
| Interest Coverage | 0.15x | -0.48x | -1.63x | -1.31x | -0.59x | -0.94x | -0.53x | -0.55x | - | -1.83x |
| Book Value / Share | 50.02 | 45.34 | 39.07 | 32.35 | 28.65 | 23.05 | 19.93 | 14.53 | 10.03 | 7.21 |
| Revenue Growth | - | 119.71% | -3.08% | -10.9% | -21.48% | -30.92% | 0.16% | -8.25% | -80.59% | -15.19% |
| 2018 | |
|---|---|
| Tenant Reimbursements | 57.5M |
| Tenant Reimbursements Growth | - |
| Management Service | 1.2M |
| Management Service Growth | - |
Seritage Growth Properties (SRG) reported $18.4M in revenue for fiscal year 2024. This represents a 84% decrease from $113.2M in 2015.
Seritage Growth Properties (SRG) saw revenue decline by 15.2% over the past year.
Seritage Growth Properties (SRG) reported a net loss of $74.5M for fiscal year 2024.
Yes, Seritage Growth Properties (SRG) pays a dividend with a yield of 2.45%. This makes it attractive for income-focused investors.
Seritage Growth Properties (SRG) has a return on equity (ROE) of -31.7%. Negative ROE indicates the company is unprofitable.
Seritage Growth Properties (SRG) generated Funds From Operations (FFO) of $-66.3M in the trailing twelve months. FFO is the primary profitability metric for REITs.