$60.00
+0.0000%Kimco Realty (NYSE:KIM) is a real estate investment trust (REIT) headquartered in Jericho, N.Y. that is North America's largest publicly traded owner and operator of open-air, grocery-anchored shopping centers and a growing portfolio of mixed-use assets. The company's portfolio is primarily concentrated in the first-ring suburbs of the top major metropolitan markets, including those in high-barrier-to-entry coastal markets and rapidly expanding Sun Belt cities, with a tenant mix focused on essential, necessity-based goods and services that drive multiple shopping trips per week. Kimco Realty is also committed to leadership in environmental, social and governance (ESG) issues and is a recognized industry leader in these areas. Publicly traded on the NYSE since 1991, and included in the S&P 500 Index, the company has specialized in shopping center ownership, management, acquisitions, and value enhancing redevelopment activities for more than 60 years. As of December 31, 2023, the company owned interests in 523 U.S. shopping centers and mixed-use assets comprising 90 million square feet of gross leasable space.
Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.
Declining FCF warrants attention. Investigate whether due to temporary factors or fundamental deterioration.
Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.
Asset-light with strong cash conversion: Low capital requirements combined with efficient cash generation creates significant shareholder value through dividends, buybacks, or strategic investments.
KIM-PN โข NYSE
| Kimco Realty Corporation Cash Flow Statement | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | Dec 2007 | Dec 2006 | Dec 2005 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||||||||||||||
419.4M | 665.9M | 114.5M | 849.7M | 1B | 413.6M | 498.5M | 439.7M | 386.1M | 900.1M | 435.9M | 241.4M | 280.3M | 182.1M | 161.7M | 6.1M | 249.9M | 392.6M | 428.3M | 363.6M | |
578.5M | 507.3M | 491.4M | 395.3M | 289M | 277.9M | 310.4M | 360.8M | 355.3M | 344.5M | 273.1M | 257.9M | 262.7M | 251.1M | 247.6M | 227.8M | 206.5M | 191.3M | 144.8M | 108M | |
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 807K | 807K | 55.1M | -6M | -11.9M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
34.9M | 33.1M | 26.6M | 23.2M | 23.7M | 20.2M | 18.2M | 21.6M | 19.1M | 18.5M | 17.9M | 18.9M | 17.9M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
10.9M | -139.1M | 224.2M | -548.9M | -704.9M | -34.8M | -134.8M | -165.2M | -167.2M | -660.7M | -23.5M | 135.2M | -22.5M | 50.5M | 100.1M | 265.3M | 165M | 160.1M | -76.8M | -50.6M | |
(60.9M) | (65.3M) | (11.9M) | (2M) | (747K) | (0.0) | (514K) | (14.5M) | (6.1M) | (100.4M) | (23.3M) | (33.8M) | (2.1M) | (2.6M) | (3.3M) | (4.8M) | (29.7M) | (14.3M) | (0.0) | (0.0) | |
-38.1M | 4.4M | 4.3M | -100.4M | -20.7M | -93.2M | -55.2M | -43.5M | -56.3M | -102.7M | -62.2M | -64.4M | -41.4M | -35.1M | -29.4M | -95.6M | -53.8M | -77.9M | -40.6M | -10.2M | |
1B | 1.1B | 861.1M | 618.9M | 589.9M | 583.6M | 637.9M | 614.2M | 592.1M | 493.7M | 629.3M | 570M | 479.1M | 448.6M | 479.9M | 403.6M | 567.6M | 666M | 455.6M | 410.8M | |
INVESTING ACTIVITIES | ||||||||||||||||||||
(0.0) | (0.0) | (0.0) | -216.8M | -227.2M | -128.2M | (230.2M) | -309.6M | -12.6M | -10.5M | (47.3M) | -69.7M | -77.3M | -381.2M | -224.5M | -517.8M | -655.2M | -1.7B | -1.2B | -884.2M | |
-126.2M | -10.8M | -49.7M | -228.7M | -11.4M | -5.9M | -15M | (20.5M) | (177.1M) | (91.1M) | (128.7M) | (143.6M) | -32M | (180.1M) | (0.0) | (57.1M) | (176.3M) | (429M) | (342.8M) | (348.4M) | |
-9.5M | -23.6M | -26M | -67.1M | -500K | -2.7M | -920K | -9.8M | -2.5M | -190.5M | -11.4M | -55M | -924K | -172.4M | -167.1M | -134.3M | -655.7M | -785.6M | -837.6M | -446M | |
309.8M | 297.4M | 337.4M | 64.4M | 228.2M | 2M | 957K | 3.1M | 2.4M | 76.2M | 3.8M | 35.6M | 11.7M | 359.7M | 182.9M | 203.3M | 266.2M | 384.4M | 267.2M | 177.3M | |
-492.7M | -400M | -324.9M | -28.1M | -22.4M | 14.4M | 38.4M | 1.4M | 921K | 55.1M | -41.7M | 17.7M | 47.6M | -7M | 246.6M | 48.4M | 87.1M | 182.6M | 1.1B | 88.6M | |
-318.5M | -137M | -63.2M | -476.3M | -33.3M | -120.4M | (253.6M) | -294.3M | (165.4M) | (21.4M) | (126.7M) | (72.2M) | -51M | -20.8M | (37.9M) | -343.2M | -781.4M | -1.5B | -246.2M | -716M | |
FINANCING ACTIVITIES | ||||||||||||||||||||
135.8M | 3.7M | 15.5M | 83M | 981K | 204M | -41.4M | 440.9M | 307.4M | 18.7M | 23.9M | 30.2M | 765.8M | 534K | 177.8M | 1B | 384.2M | 485.2M | 451.8M | 49M | |
-130.1M | 439.2M | -347.8M | 260.1M | 45.8M | 447.3M | -389.7M | 186.6M | -555.3M | 65.8M | -300.3M | -227.1M | -102.7M | -48.7M | -299.5M | -762.4M | 348.6M | 572.7M | -19.7M | 618.2M | |
-685.9M | -657.5M | -544.7M | -382.1M | -379.9M | -531.6M | -529.8M | -506.2M | -474M | -455.8M | -427.9M | -400.4M | -382.7M | -353.8M | -307M | -331M | -469M | -384.5M | -332.6M | -293.3M | |
-26.7M | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | -75.1M | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | -30.9M | -6M | (0.0) | -31.8M | -66.8M | (0.0) | (0.0) | -21M | |
-74.2M | -84.7M | -102.3M | -62.1M | -54.4M | -27.6M | -25.6M | -120.2M | -82.6M | 33.5M | -13.2M | -38.1M | -44.5M | -38.2M | -86.1M | 60.7M | -1.3M | -89.3M | -40.1M | -30.6M | |
-781.1M | -300.7M | -982.7M | -102.7M | -387.4M | -482.8M | -986.5M | -223.9M | -804.5M | -512.9M | -717.5M | -635.4M | -399.1M | -440.1M | -514.7M | -74.5M | 262.4M | 584.1M | 59.4M | 343.3M | |
CASH FLOW SUMMARY | ||||||||||||||||||||
-94M | 633.9M | -184.8M | 41.5M | 169.2M | -19.6M | -94.9M | 96M | -47M | 2.2M | 38.6M | 6.9M | 29M | -12.3M | 3.1M | -14.1M | 48.7M | -257.6M | 268.8M | 38.1M | |
783.8M | 149.8M | 334.7M | 293.2M | 123.9M | 143.6M | 238.5M | 142.5M | 189.5M | 187.3M | 148.8M | 141.9M | 112.9M | 125.2M | 122.1M | 136.2M | 87.5M | 345.1M | 76.3M | 38.2M | |
689.7M | 783.8M | 149.8M | 334.7M | 293.2M | 123.9M | 143.6M | 238.5M | 142.5M | 189.5M | 187.3M | 148.8M | 141.9M | 112.9M | 125.2M | 122.1M | 136.2M | 87.5M | 345.1M | 76.3M | |
1B | 1.1B | 861.1M | 402.1M | 362.7M | 455.4M | 868.2M | 304.6M | 579.5M | 483.2M | 676.7M | 500.3M | 401.7M | 67.4M | 255.5M | -114.2M | -87.6M | -1.1B | -710.5M | -473.4M |
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