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6May 15, 2026·SEC
Apr 20, 2026·SEC
Mar 31, 2026·SEC
Seritage Growth Properties (SRG) fundamental analysis — strengths, weaknesses & financial health based on data analysis
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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 | May 15, 2026 | $0.56 | $2Mvs $35M-94.3% |
| Q2 2026 | Mar 31, 2026 | $0.11 | $4Mvs $63M-93.4% |
| Q4 2025 | Nov 14, 2025 | $0.24 | $5M |
| Q4 2025 | Nov 10, 2025 | $0.22 | $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
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 241.02M | 214.75M | 168.63M | 116.5M | 116.68M | 107.06M | 20.78M | 17.62M | 18.2M | 15.6M |
Revenue Growth % | -3.08% | -10.9% | -21.48% | -30.92% | 0.16% | -8.25% | -80.59% | -15.19% | 3.3% | -4.84% |
Property Operating Expenses | 65.35M | 71.15M | 80.72M | 77.93M | 80.26M | 65.72M | 27.41M | 20.27M | 16.44M | 15.12M |
Net Operating Income (NOI) | 175.66M▲ 0% | 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% | 1.76M▲ 166.6% | 483K▲ 0% |
NOI Margin % | 72.88% | 66.87% | 52.13% | 33.1% | 31.21% | 38.61% | -31.91% | -15.05% | 9.7% | 3.1% |
Operating Expenses | 290.23M | 261.72M | 143.74M | 124.85M | 93.15M | 88.75M | 60.46M | 43.14M | 38.23M | 23.32M |
G&A Expenses | 27.9M | 34.79M | 39.16M | 28.85M | 41.95M | 47.63M | 45.99M | 30.02M | 31.95M | 21.15M |
EBITDA | 241.52M | 214.58M | 48.76M | 9.71M | -5.35M | -6.08M | -52.44M | -32.48M | -30.03M | -18.16M |
EBITDA Margin % | 100.21% | 99.92% | 28.91% | 8.34% | -4.59% | -5.68% | -252.38% | -184.34% | -164.97% | -116.37% |
Depreciation & Amortization | 356.08M | 332.69M | 104.58M | 96M | 51.38M | 41.34M | 14.65M | 13.31M | 6.43M | 4.67M |
D&A / Revenue % | 147.74% | 154.92% | 62.02% | 82.4% | 44.03% | 38.61% | 70.49% | 75.51% | 35.35% | 29.95% |
Operating Income | -114.57M▲ 0% | -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% | -36.47M▲ 20.4% | -22.83M▲ 0% |
Operating Margin % | -47.53% | -55% | -33.1% | -74.07% | -48.62% | -44.29% | -322.87% | -259.85% | -200.32% | -146.32% |
Interest Expense | 70.11M | 90.02M | 94.52M | 91.32M | 107.97M | 86.73M | 44.57M | 24.97M | 20.27M | 3.2M |
Interest Coverage | -0.72x | -0.27x | 0.04x | -0.67x | 0.64x | -0.38x | -2.47x | -5.08x | -2.36x | - |
Non-Operating Income | -64.14M | -93.58M | -59.93M | -24.89M | -125.91M | -14.51M | 43.21M | 81.19M | 11.48M | 24.05M |
Pretax Income | -120.54M▲ 0% | -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% | -68.22M▲ 55.1% | -76.14M▲ 0% |
Pretax Margin % | -50.01% | -53.34% | -53.61% | -131.09% | -33.24% | -111.75% | -745.33% | -862.29% | -374.73% | -487.95% |
Income Tax | 271K | 321K | 196K | 252K | 196K | 466K | 38K | 1.58M | 0 | 1.42M |
Effective Tax Rate % | -0.22% | -0.28% | -0.22% | -0.17% | -0.51% | -0.39% | -0.02% | -1.04% | 0% | -1.86% |
Net Income | -73.75M▲ 0% | -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% | -68.22M▲ 55.6% | -77.56M▲ 0% |
Net Margin % | -30.6% | -34.21% | -35.22% | -90.15% | -24.12% | -69.07% | -745.52% | -871.27% | -374.73% | -497.02% |
Net Income Growth % | -43.05% | 0.38% | 19.16% | -76.82% | 73.2% | -162.69% | -109.49% | 0.89% | 55.57% | 50.52% |
Funds From Operations (FFO) | 282.33M▲ 0% | 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% | -61.78M▲ 55.9% | -72.88M▲ 0% |
FFO Margin % | 117.14% | 120.71% | 26.79% | -7.75% | 19.91% | -30.46% | -675.03% | -795.76% | -339.38% | -467.07% |
FFO Growth % | 34.61% | -8.19% | -82.57% | -119.98% | 357.24% | -240.39% | -330.15% | 0.03% | 55.94% | 106.85% |
FFO per Share | 8.35 | 7.29 | 1.24 | -0.24 | 0.55 | -0.66 | -2.50 | -2.49 | -1.10 | -1.29 |
FFO Payout Ratio % | 12.13% | 13.76% | 39.76% | 0% | 21.1% | 0% | -3.49% | -3.49% | 0% | -1.68% |
EPS (Diluted) | -2.18▲ 0% | -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% | -1.30▲ 53.9% | -1.38▲ 0% |
EPS Growth % | -32.93% | 5.05% | -20.29% | -60.24% | 76.94% | -163.04% | -17.77% | 1.05% | 53.9% | 49.48% |
EPS (Basic) | -2.18 | -2.07 | -2.49 | -3.99 | -0.92 | -2.42 | -2.84 | -2.82 | -1.30 | - |
Diluted Shares Outstanding | 33.8M | 35.56M | 36.41M | 38.3M | 42.39M | 49.73M | 56.15M | 56.26M | 56.31M | 56.32M |
Seritage Growth Properties (SRG) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Total Assets | 2.78B | 2.88B | 2.75B | 2.65B | 2.41B | 1.84B | 973.86M | 677.77M | 393.78M | 361.17M |
Asset Growth % | 2.34% | 3.61% | -4.36% | -3.7% | -8.86% | -23.71% | -47.12% | -30.4% | -41.9% | -134.39% |
Real Estate & Other Assets | 2.49M | 5.41M | 9.28M | 5M | 200K | 0 | 0 | 11.29M | -156.24M | -274.8M |
PP&E (Net) | 6.29M | 5.3M | 22.84M | 1.93B | 1.71B | 780.62M | 560.74M | 370.13M | 0 | 0 |
Investment Securities | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
Total Current Assets | 454.55M | 582.45M | 210.03M | 238.64M | 187.45M | 676.71M | 215.8M | 105.6M | 51.75M | 48.25M |
Cash & Equivalents | 241.57M | 532.86M | 139.26M | 143.73M | 106.6M | 133.48M | 134M | 85.21M | 48.09M | 44.5M |
Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
Other Current Assets | 195.81M | 3.09M | 5.28M | 53.34M | 51.93M | 501.74M | 69.55M | 12.5M | 0 | 0 |
Intangible Assets | 310.1M | 123.66M | 68.15M | 18.59M | 14.82M | 1.79M | 886K | 1.05M | 171K | 168K |
Total Liabilities | 1.45B | 1.73B | 1.71B | 1.77B | 1.57B | 1.12B | 410.7M | 271.97M | 60.98M | 59.85M |
Total Debt | 1.35B | 1.6B | 1.61B | 1.62B | 1.46B | 1.03B | 367.6M | 240M | 47.68M | 49.93M |
Net Debt | 1.1B | 1.07B | 1.47B | 1.48B | 1.35B | 898.3M | 233.6M | 154.79M | -411K | 5.43M |
Long-Term Debt | 1.35B | 1.6B | 1.6B | 1.6B | 1.44B | 1.03B | 360M | 240M | 47.68M | 48.66M |
Short-Term Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Capital Lease Obligations | 0 | 0 | 0 | 20.43M | 20.63M | 2.02M | 7.6M | 0 | 0 | 1.27M |
Total Current Liabilities | 81.05M | 104.08M | 79.24M | 142.7M | 105.72M | 88.39M | 43.4M | 31.97M | 13.3M | 0 |
Accounts Payable | 9.59M | 28.07M | 34.38M | 133.2M | 96.22M | 86.36M | 42.25M | 31.97M | 0 | 0 |
Deferred Revenue | 14.68M | 20.52M | 8.32M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Liabilities | 13.7M | 23.48M | 0 | 4.19M | 3.66M | 978K | 848K | 0 | 0 | 9.92M |
Total Equity | 1.32B▲ 0% | 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% | 332.8M▼ 18.0% | 301.31M▲ 0% |
Equity Growth % | -7.26% | -12.9% | -9.31% | -15.4% | -4.3% | -14.47% | -22.06% | -27.94% | -17.99% | -78.37% |
Shareholders Equity | 886.7M | 780.77M | 731.42M | 649.04M | 687.74M | 720.47M | 561.99M | 404.46M | 331.42M | 299.87M |
Minority Interest | 434.16M | 369.69M | 311.95M | 233.69M | 157.06M | 2.13M | 1.17M | 1.35M | 1.38M | 1.44M |
Common Stock | 368K | 370K | 381K | 389K | 436K | 561K | 562K | 562K | 562K | 562K |
Additional Paid-in Capital | 1.12B | 1.12B | 1.15B | 1.18B | 1.24B | 1.36B | 1.36B | 1.36B | 1.36B | 1.36B |
Retained Earnings | -229.76M | -344.13M | -418.71M | -528.64M | -553.77M | -640.53M | -800.34M | -958.78M | -1.03B | -1.06B |
Preferred Stock | 28K | 28K | 28K | 28K | 28K | 28K | 28K | 28K | 28K | 28K |
Return on Assets (ROA) | -2.69% | -2.6% | -2.11% | -3.89% | -1.11% | -3.48% | -11% | -18.59% | -12.73% | -16.42% |
Return on Equity (ROE) | -5.37% | -5.95% | -5.41% | -10.91% | -3.26% | -9.44% | -24.1% | -31.69% | -18.47% | -23.4% |
Debt / Assets | 48.47% | 55.56% | 58.39% | 61.13% | 60.48% | 56.02% | 37.75% | 35.41% | 12.11% | 13.82% |
Debt / Equity | 1.02x | 1.39x | 1.54x | 1.83x | 1.73x | 1.43x | 0.65x | 0.59x | 0.14x | 0.17x |
Net Debt / EBITDA | 4.57x | 4.96x | 30.08x | 151.91x | - | - | - | - | - | -0.30x |
Book Value per Share | 39.07 | 32.35 | 28.65 | 23.05 | 19.93 | 14.53 | 10.03 | 7.21 | 5.91 | 5.35 |
Seritage Growth Properties (SRG) cash flow — operating, investing & free cash flow history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 69.65M | 54.9M | -57.66M | -47.31M | -136M | -117.92M | -53.06M | -53.55M | -34.9M | -31.43M |
Operating CF Growth % | -24.64% | -21.18% | -205.03% | 17.94% | -187.43% | 13.29% | 55% | -0.92% | 34.82% | 88.62% |
Operating CF / Revenue % | 28.9% | 25.56% | -34.19% | -40.61% | -116.55% | -110.15% | -255.36% | -303.87% | -191.73% | -201.43% |
Net Income | -120.81M | -114.88M | -90.6M | -152.96M | -38.98M | -120.1M | -154.91M | -153.54M | -68.22M | -77.56M |
Depreciation & Amortization | 261.45M | 225.91M | 104.09M | 94.2M | 51.38M | 41.34M | 14.47M | 13.12M | 6.28M | 4.61M |
Stock-Based Compensation | 7.02M | 7.47M | 6.84M | -3.04M | 1.86M | 2.77M | 2.73M | 1.49M | 201K | 0 |
Other Non-Cash Items | 5M | 13.15M | -15.16M | 5.4M | -1.65M | -12.69M | 77.57M | 92.42M | 19.78M | 41.55M |
Working Capital Changes | -34.09M | 4.99M | -10.6M | 30.36M | -33.59M | -29.24M | 7.07M | -7.04M | 7.05M | -1.26M |
Cash from Investing | 27.15M | -119.47M | -299.49M | 42.87M | 260.71M | 586.08M | 732.91M | 126.87M | 198.47M | 182.05M |
Acquisitions (Net) | 219.38M | -27M | -54.19M | -43.34M | -38.64M | 30.15M | 126K | 173K | 0 | 0 |
Purchase of Investments | -281.1M | -340.56M | -441.88M | -309.71M | -144.3M | -124.81M | -93.11M | 0 | 0 | 0 |
Sale of Investments | 308.25M | 210.1M | 140.5M | 351.43M | 392.42M | 698.96M | 673.47M | 0 | 0 | 0 |
Other Investing | 50.88M | -92.47M | -245.3M | 86.21M | 299.35M | 555.93M | 732.91M | 126.7M | 198.47M | 182.05M |
Cash from Financing | 180.79M | 180.2M | -36.45M | 15.44M | -161.21M | -436.97M | -675.09M | -125.31M | -198.99M | -198.94M |
Dividends Paid | -34.25M | -39.7M | -22.86M | -4.9M | -4.9M | -4.9M | -4.9M | -4.9M | -4.9M | -4.9M |
Common Dividends | -34.25M | -35.68M | -17.96M | 0 | 0 | 0 | -4.9M | -4.9M | 0 | -1.23M |
Debt Issuance (Net) | 1000K | 1000K | 0 | 1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -2M |
Share Repurchases | 310M | -1.84M | -3.52M | -85K | -269K | 0 | -315K | -586K | -126K | 0 |
Other Financing | -29.32M | -22.7M | -10.06M | 0 | 3.96M | 0 | 126K | 173K | -3.96M | -4.04M |
Net Change in Cash | 277.59M▲ 0% | 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% | -35.42M▲ 31.9% | -48.32M▲ 0% |
Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash at Beginning | 139.64M | 417.23M | 532.86M | 139.26M | 150.25M | 113.75M | 144.94M | 149.7M | 97.71M | 62.28M |
Cash at End | 417.23M | 532.86M | 139.26M | 150.25M | 113.75M | 144.94M | 149.7M | 97.71M | 62.28M | 58.81M |
Free Cash Flow | -173.46M▲ 0% | 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% | -34.9M▲ 34.8% | -31.43M▲ 0% |
FCF Growth % | -761.24% | 131.65% | 343.93% | -136.53% | -331.44% | -80.17% | -13.57% | 93.19% | 34.82% | 31.85% |
FCF / Revenue % | -71.97% | 25.56% | 144.52% | -76.43% | -329.2% | -646.47% | -3782.53% | -303.87% | -191.73% | -201.43% |
Seritage Growth Properties (SRG) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
FFO per Share | 8.35 | 7.29 | 1.24 | -0.24 | 0.55 | -0.66 | -2.5 | -2.49 | -1.1 | -1.29 |
FFO Payout Ratio | 12.13% | 13.76% | 39.76% | 0% | 21.1% | 0% | -3.49% | -3.49% | 0% | -1.68% |
NOI Margin | 72.88% | 66.87% | 52.13% | 33.1% | 31.21% | 38.61% | -31.91% | -15.05% | 9.7% | 3.1% |
Net Debt / EBITDA | 4.57x | 4.96x | 30.08x | 151.91x | - | - | - | - | - | -0.30x |
Debt / Assets | 48.47% | 55.56% | 58.39% | 61.13% | 60.48% | 56.02% | 37.75% | 35.41% | 12.11% | 13.82% |
Interest Coverage | -0.72x | -0.27x | 0.04x | -0.67x | 0.64x | -0.38x | -2.47x | -5.08x | -2.36x | - |
Book Value / Share | 39.07 | 32.35 | 28.65 | 23.05 | 19.93 | 14.53 | 10.03 | 7.21 | 5.91 | 5.35 |
Revenue Growth | -3.08% | -10.9% | -21.48% | -30.92% | 0.16% | -8.25% | -80.59% | -15.19% | 3.3% | -4.84% |
Seritage Growth Properties (SRG) SEC filings — annual & quarterly reports (10-K, 10-Q)
May 15, 2026·SEC
Apr 20, 2026·SEC
Mar 31, 2026·SEC
Seritage Growth Properties (SRG) stock FAQ — growth, dividends, profitability & financials explained
Seritage Growth Properties (SRG) reported $15.6M in revenue for fiscal year 2025. This represents a 86% decrease from $113.2M in 2015.
Seritage Growth Properties (SRG) grew revenue by 3.3% over the past year. Growth has been modest.
Seritage Growth Properties (SRG) reported a net loss of $77.6M for fiscal year 2025.
Yes, Seritage Growth Properties (SRG) pays a dividend with a yield of 3.27%. This makes it attractive for income-focused investors.
Seritage Growth Properties (SRG) has a return on equity (ROE) of -18.5%. Negative ROE indicates the company is unprofitable.
Seritage Growth Properties (SRG) generated Funds From Operations (FFO) of $-72.9M in the trailing twelve months. FFO is the primary profitability metric for REITs.
Seritage Growth Properties (SRG) offers a 3.27% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.