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6Mar 31, 2026·SEC
Feb 25, 2026·SEC
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Seritage Growth Properties (SRG) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Seritage Growth Properties (SRG) stock price & volume — 10-year historical chart
Seritage Growth Properties (SRG) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Seritage Growth Properties (SRG) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 31, 2026 | $0.11 | $4Mvs $35M-88.1% |
| Q4 2025 | Nov 14, 2025 | $0.24 | $5M |
| Q4 2025 | Nov 10, 2025 | $0.22 | $5M |
| Q3 2025 | Aug 14, 2025 | $0.53 | $5M |
Seritage Growth Properties (SRG) competitors in Retail Redevelopment and Repositioning — business model, growth, and fundamentals comparison
Seritage Growth Properties (SRG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Seritage Growth Properties (SRG) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 248.67M | 241.02M | 214.75M | 168.63M | 116.5M | 116.68M | 107.06M | 20.78M | 17.62M | 18.42M |
| Revenue Growth % | 119.71% | -3.08% | -10.9% | -21.48% | -30.92% | 0.16% | -8.25% | -80.59% | -15.19% | -17.62% |
| Property Operating Expenses | 65.19M | 65.35M | 71.15M | 80.72M | 77.93M | 80.26M | 65.72M | 27.41M | 20.27M | 16.6M |
| Net Operating Income (NOI) | 183.48M▲ 0% | 175.66M▼ 4.3% | 143.6M▼ 18.3% | 87.92M▼ 38.8% | 38.56M▼ 56.1% | 36.42M▼ 5.6% | 41.34M▲ 13.5% | -6.63M▼ 116.0% | -2.65M▲ 60.0% | 1.82M▲ 0% |
| NOI Margin % | 73.78% | 72.88% | 66.87% | 52.13% | 33.1% | 31.21% | 38.61% | -31.91% | -15.05% | 9.86% |
| Operating Expenses | 194.86M | 290.23M | 261.72M | 143.74M | 124.85M | 93.15M | 88.75M | 60.46M | 43.14M | 39.59M |
| G&A Expenses | 17.47M | 27.9M | 34.79M | 39.16M | 28.85M | 41.95M | 47.63M | 45.99M | 30.02M | 33.56M |
| EBITDA | 230.85M | 241.52M | 214.58M | 48.76M | 9.71M | -5.35M | -6.08M | -52.44M | -32.48M | -29.59M |
| EBITDA Margin % | 92.83% | 100.21% | 99.92% | 28.91% | 8.34% | -4.59% | -5.68% | -252.38% | -184.34% | -160.65% |
| Depreciation & Amortization | 261.3M | 356.08M | 332.69M | 104.58M | 96M | 51.38M | 41.34M | 14.65M | 13.31M | 8.19M |
| D&A / Revenue % | 105.08% | 147.74% | 154.92% | 62.02% | 82.4% | 44.03% | 38.61% | 70.49% | 75.51% | 44.45% |
| Operating Income | -30.45M▲ 0% | -114.57M▼ 276.3% | -118.12M▼ 3.1% | -55.82M▲ 52.7% | -86.28M▼ 54.6% | -56.73M▲ 34.3% | -47.41M▲ 16.4% | -67.09M▼ 41.5% | -45.79M▲ 31.7% | -37.78M▲ 0% |
| Operating Margin % | -12.24% | -47.53% | -55% | -33.1% | -74.07% | -48.62% | -44.29% | -322.87% | -259.85% | -205.11% |
| Interest Expense | 63.59M | 70.11M | 90.02M | 94.52M | 91.32M | 107.97M | 86.73M | 0 | 24.97M | 3.83M |
| Interest Coverage | -0.48x | -1.63x | -1.31x | -0.59x | -0.94x | -0.53x | -0.55x | - | -1.83x | - |
| Non-Operating Income | -3.53M | -64.14M | -93.58M | -59.93M | -24.89M | -125.91M | -14.51M | 43.21M | 81.19M | 4.09M |
| Pretax Income | -90.5M▲ 0% | -120.54M▼ 33.2% | -114.56M▲ 5.0% | -90.41M▲ 21.1% | -152.71M▼ 68.9% | -38.79M▲ 74.6% | -119.63M▼ 208.4% | -154.87M▼ 29.5% | -151.95M▲ 1.9% | -74.47M▲ 0% |
| Pretax Margin % | -36.39% | -50.01% | -53.34% | -53.61% | -131.09% | -33.24% | -111.75% | -745.33% | -862.29% | -404.31% |
| Income Tax | 505K | 271K | 321K | 196K | 252K | 196K | 466K | 38K | 1.58M | 12K |
| Effective Tax Rate % | -0.56% | -0.22% | -0.28% | -0.22% | -0.17% | -0.51% | -0.39% | -0.02% | -1.04% | -0.02% |
| Net Income | -51.56M▲ 0% | -73.75M▼ 43.1% | -73.47M▲ 0.4% | -59.4M▲ 19.2% | -105.03M▼ 76.8% | -28.15M▲ 73.2% | -73.94M▼ 162.7% | -154.91M▼ 109.5% | -153.54M▲ 0.9% | -74.48M▲ 0% |
| Net Margin % | -20.73% | -30.6% | -34.21% | -35.22% | -90.15% | -24.12% | -69.07% | -745.52% | -871.27% | -404.37% |
| Net Income Growth % | -130.81% | -43.05% | 0.38% | 19.16% | -76.82% | 73.2% | -162.69% | -109.49% | 0.89% | 46.22% |
| Funds From Operations (FFO) | 209.74M▲ 0% | 282.33M▲ 34.6% | 259.22M▼ 8.2% | 45.18M▼ 82.6% | -9.03M▼ 120.0% | 23.23M▲ 357.2% | -32.61M▼ 240.4% | -140.26M▼ 330.2% | -140.23M▲ 0.0% | -66.29M▲ 0% |
| FFO Margin % | 84.34% | 117.14% | 120.71% | 26.79% | -7.75% | 19.91% | -30.46% | -675.03% | -795.76% | -359.92% |
| FFO Growth % | 385.73% | 34.61% | -8.19% | -82.57% | -119.98% | 357.24% | -240.39% | -330.15% | 0.03% | -172.17% |
| FFO per Share | 6.68 | 8.35 | 7.29 | 1.24 | -0.24 | 0.55 | -0.66 | -2.50 | -2.49 | -1.18 |
| FFO Payout Ratio % | 18.76% | 12.13% | 13.76% | 39.76% | 0% | 21.1% | 0% | -3.49% | -3.49% | -3.7% |
| EPS (Diluted) | -1.64▲ 0% | -2.18▼ 32.9% | -2.07▲ 5.0% | -2.49▼ 20.3% | -3.99▼ 60.2% | -0.92▲ 76.9% | -2.42▼ 163.0% | -2.85▼ 17.8% | -2.82▲ 1.1% | -1.32▲ 0% |
| EPS Growth % | -130.99% | -32.93% | 5.05% | -20.29% | -60.24% | 76.94% | -163.04% | -17.77% | 1.05% | 44.62% |
| EPS (Basic) | -1.64 | -2.18 | -2.07 | -2.49 | -3.99 | -0.92 | -2.42 | -2.84 | -2.82 | - |
| Diluted Shares Outstanding | 31.42M | 33.8M | 35.56M | 36.41M | 38.3M | 42.39M | 49.73M | 56.15M | 56.26M | 56.32M |
Seritage Growth Properties (SRG) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 2.71B | 2.78B | 2.88B | 2.75B | 2.65B | 2.41B | 1.84B | 973.86M | 677.77M | 558.61M |
| Asset Growth % | -4.27% | 2.34% | 3.61% | -4.36% | -3.7% | -8.86% | -23.71% | -47.12% | -30.4% | -107.45% |
| Real Estate & Other Assets | -1.06B | 2.49M | 5.41M | 9.28M | 5M | 200K | 0 | 0 | 11.29M | 20.13M |
| PP&E (Net) | 5.45M | 6.29M | 5.3M | 22.84M | 1.93B | 1.71B | 780.62M | 560.74M | 370.13M | 164.63M |
| Investment Securities | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Total Current Assets | 167.95M | 454.55M | 582.45M | 210.03M | 238.64M | 187.45M | 676.71M | 215.8M | 105.6M | 208.49M |
| Cash & Equivalents | 52.03M | 241.57M | 532.86M | 139.26M | 143.73M | 106.6M | 133.48M | 134M | 85.21M | 51.54M |
| Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Other Current Assets | 102.67M | 195.81M | 3.09M | 5.28M | 53.34M | 51.93M | 501.74M | 69.55M | 12.5M | 149.78M |
| Intangible Assets | 464.4M | 310.1M | 123.66M | 68.15M | 18.59M | 14.82M | 1.79M | 886K | 1.05M | 901K |
| Total Liabilities | 1.29B | 1.45B | 1.73B | 1.71B | 1.77B | 1.57B | 1.12B | 410.7M | 271.97M | 219.52M |
| Total Debt | 1.17B | 1.35B | 1.6B | 1.61B | 1.62B | 1.46B | 1.03B | 367.6M | 240M | 196.67M |
| Net Debt | 1.11B | 1.1B | 1.07B | 1.47B | 1.48B | 1.35B | 898.3M | 233.6M | 154.79M | 145.13M |
| Long-Term Debt | 1.17B | 1.35B | 1.6B | 1.6B | 1.6B | 1.44B | 1.03B | 360M | 240M | 196.67M |
| Short-Term Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 20.43M | 20.63M | 2.02M | 7.6M | 0 | 0 |
| Total Current Liabilities | 88.52M | 81.05M | 104.08M | 79.24M | 142.7M | 105.72M | 88.39M | 43.4M | 31.97M | 22.85M |
| Accounts Payable | 16.05M | 9.59M | 28.07M | 34.38M | 133.2M | 96.22M | 86.36M | 42.25M | 31.97M | 22.85M |
| Deferred Revenue | 1.98M | 14.68M | 20.52M | 8.32M | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 26.52M | 13.7M | 23.48M | 0 | 4.19M | 3.66M | 978K | 848K | 0 | 0 |
| Total Equity | 1.42B▲ 0% | 1.32B▼ 7.3% | 1.15B▼ 12.9% | 1.04B▼ 9.3% | 882.73M▼ 15.4% | 844.8M▼ 4.3% | 722.6M▼ 14.5% | 563.16M▼ 22.1% | 405.8M▼ 27.9% | 339.09M▲ 0% |
| Equity Growth % | -9.28% | -7.26% | -12.9% | -9.31% | -15.4% | -4.3% | -14.47% | -22.06% | -27.94% | -96.76% |
| Shareholders Equity | 804.56M | 886.7M | 780.77M | 731.42M | 649.04M | 687.74M | 720.47M | 561.99M | 404.46M | 337.72M |
| Minority Interest | 619.75M | 434.16M | 369.69M | 311.95M | 233.69M | 157.06M | 2.13M | 1.17M | 1.35M | 1.36M |
| Common Stock | 332K | 368K | 370K | 381K | 389K | 436K | 561K | 562K | 562K | 562K |
| Additional Paid-in Capital | 925.56M | 1.12B | 1.12B | 1.15B | 1.18B | 1.24B | 1.36B | 1.36B | 1.36B | 1.36B |
| Retained Earnings | -121.34M | -229.76M | -344.13M | -418.71M | -528.64M | -553.77M | -640.53M | -800.34M | -958.78M | -1.03B |
| Preferred Stock | 0 | 28K | 28K | 28K | 28K | 28K | 28K | 28K | 28K | 28K |
| Return on Assets (ROA) | -1.86% | -2.69% | -2.6% | -2.11% | -3.89% | -1.11% | -3.48% | -11% | -18.59% | -12.1% |
| Return on Equity (ROE) | -3.44% | -5.37% | -5.95% | -5.41% | -10.91% | -3.26% | -9.44% | -24.1% | -31.69% | -20.13% |
| Debt / Assets | 43.02% | 48.47% | 55.56% | 58.39% | 61.13% | 60.48% | 56.02% | 37.75% | 35.41% | 35.21% |
| Debt / Equity | 0.82x | 1.02x | 1.39x | 1.54x | 1.83x | 1.73x | 1.43x | 0.65x | 0.59x | 0.59x |
| Net Debt / EBITDA | 4.83x | 4.57x | 4.96x | 30.08x | 151.91x | - | - | - | - | -4.90x |
| Book Value per Share | 45.34 | 39.07 | 32.35 | 28.65 | 23.05 | 19.93 | 14.53 | 10.03 | 7.21 | 6.02 |
Seritage Growth Properties (SRG) cash flow — operating, investing & free cash flow history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 92.42M | 69.65M | 54.9M | -57.66M | -47.31M | -136M | -117.92M | -53.06M | -53.55M | -53.55M |
| Operating CF Growth % | 331.25% | -24.64% | -21.18% | -205.03% | 17.94% | -187.43% | 13.29% | 55% | -0.92% | -105.95% |
| Operating CF / Revenue % | 37.17% | 28.9% | 25.56% | -34.19% | -40.61% | -116.55% | -110.15% | -255.36% | -303.87% | -290.72% |
| Net Income | -91.01M | -120.81M | -114.88M | -90.6M | -152.96M | -38.98M | -120.1M | -154.91M | -153.54M | -74.48M |
| Depreciation & Amortization | 176.44M | 261.45M | 225.91M | 104.09M | 94.2M | 51.38M | 41.34M | 14.47M | 13.12M | 7.96M |
| Stock-Based Compensation | 1.07M | 7.02M | 7.47M | 6.84M | -3.04M | 1.86M | 2.77M | 2.73M | 1.49M | 283K |
| Other Non-Cash Items | -7.5M | 5M | 13.15M | -15.16M | 5.4M | -1.65M | -12.69M | 77.57M | 92.42M | 22.59M |
| Working Capital Changes | 1.02M | -34.09M | 4.99M | -10.6M | 30.36M | -33.59M | -29.24M | 7.07M | -7.04M | -4.03M |
| Cash from Investing | -52.78M | 27.15M | -119.47M | -299.49M | 42.87M | 260.71M | 586.08M | 732.91M | 126.87M | 98.71M |
| Acquisitions (Net) | -9M | 219.38M | -27M | -54.19M | -43.34M | -38.64M | 30.15M | 126K | 173K | -228K |
| Purchase of Investments | -75.19M | -281.1M | -340.56M | -441.88M | -309.71M | -144.3M | -124.81M | -93.11M | 0 | -10.27M |
| Sale of Investments | 22.41M | 308.25M | 210.1M | 140.5M | 351.43M | 392.42M | 698.96M | 673.47M | 0 | 38.73M |
| Other Investing | 22.41M | 50.88M | -92.47M | -245.3M | 86.21M | 299.35M | 555.93M | 732.91M | 126.7M | 70.48M |
| Cash from Financing | -50.49M | 180.79M | 180.2M | -36.45M | 15.44M | -161.21M | -436.97M | -675.09M | -125.31M | -89.38M |
| Dividends Paid | -39.35M | -34.25M | -39.7M | -22.86M | -4.9M | -4.9M | -4.9M | -4.9M | -4.9M | -4.9M |
| Common Dividends | -39.35M | -34.25M | -35.68M | -17.96M | 0 | 0 | 0 | -4.9M | -4.9M | -2.45M |
| Debt Issuance (Net) | 1000K | 1000K | 1000K | 0 | 1000K | -1000K | -1000K | -1000K | -1000K | -2M |
| Share Repurchases | 0 | 310M | -1.84M | -3.52M | -85K | -269K | 0 | -315K | -586K | -586K |
| Other Financing | -31.13M | -29.32M | -22.7M | -10.06M | 0 | 3.96M | 0 | 126K | 173K | -3.89M |
| Net Change in Cash | -10.84M▲ 0% | 277.59M▲ 2660.6% | 115.62M▼ 58.3% | -393.6M▼ 440.4% | 10.99M▲ 102.8% | -36.5M▼ 432.0% | 31.19M▲ 185.4% | 4.76M▼ 84.7% | -51.99M▼ 1192.0% | -38.34M▲ 0% |
| Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash at Beginning | 62.87M | 139.64M | 417.23M | 532.86M | 139.26M | 150.25M | 113.75M | 144.94M | 149.7M | 80.13M |
| Cash at End | 52.03M | 417.23M | 532.86M | 139.26M | 150.25M | 113.75M | 144.94M | 149.7M | 97.71M | 59.87M |
| Free Cash Flow | 26.23M▲ 0% | -173.46M▼ 761.2% | 54.9M▲ 131.6% | 243.71M▲ 343.9% | -89.03M▼ 136.5% | -384.12M▼ 331.4% | -692.07M▼ 80.2% | -785.97M▼ 13.6% | -53.55M▲ 93.2% | -47.67M▲ 0% |
| FCF Growth % | 151.46% | -761.24% | 131.65% | 343.93% | -136.53% | -331.44% | -80.17% | -13.57% | 93.19% | -106.38% |
| FCF / Revenue % | 10.55% | -71.97% | 25.56% | 144.52% | -76.43% | -329.2% | -646.47% | -3782.53% | -303.87% | -258.8% |
Seritage Growth Properties (SRG) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| FFO per Share | 6.68 | 8.35 | 7.29 | 1.24 | -0.24 | 0.55 | -0.66 | -2.5 | -2.49 | -1.18 |
| FFO Payout Ratio | 18.76% | 12.13% | 13.76% | 39.76% | 0% | 21.1% | 0% | -3.49% | -3.49% | -3.7% |
| NOI Margin | 73.78% | 72.88% | 66.87% | 52.13% | 33.1% | 31.21% | 38.61% | -31.91% | -15.05% | 9.86% |
| Net Debt / EBITDA | 4.83x | 4.57x | 4.96x | 30.08x | 151.91x | - | - | - | - | -4.90x |
| Debt / Assets | 43.02% | 48.47% | 55.56% | 58.39% | 61.13% | 60.48% | 56.02% | 37.75% | 35.41% | 35.21% |
| Interest Coverage | -0.48x | -1.63x | -1.31x | -0.59x | -0.94x | -0.53x | -0.55x | - | -1.83x | - |
| Book Value / Share | 45.34 | 39.07 | 32.35 | 28.65 | 23.05 | 19.93 | 14.53 | 10.03 | 7.21 | 6.02 |
| Revenue Growth | 119.71% | -3.08% | -10.9% | -21.48% | -30.92% | 0.16% | -8.25% | -80.59% | -15.19% | -17.62% |
Seritage Growth Properties (SRG) SEC filings — annual & quarterly reports (10-K, 10-Q)
Mar 31, 2026·SEC
Feb 25, 2026·SEC
Dec 4, 2025·SEC
Seritage Growth Properties (SRG) stock FAQ — growth, dividends, profitability & financials explained
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 3.25%. 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.
Seritage Growth Properties (SRG) offers a 3.25% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.
Seritage Growth Properties (SRG) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates