Kimco Realty Corporation
Real EstateNYSE:KIM · New York Stock Exchange
+$0.16 today
Vol 5.16M · Avg 4.70M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Earnings Waterfall
Revenue to Net Income
Key Ratios
Analysis
$2.2B of revenue converted into $616.2M of net income for the selected period. Gross margin is 54.8% and net margin is 28.5%, showing how much revenue survives after costs and taxes. EPS is $0.88, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.1B +5.1% | $2.0B +14.2% | $1.8B +3.2% | $1.7B +26.6% | $1.4B | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $970.4M +52.2% | $637.7M +14.5% | $556.7M +4.9% | $530.9M +27.0% | $417.9M | $725.6M | $804.0M | $882.4M |
| Gross Profit | $1.2B -16.4% | $1.4B +14.1% | $1.2B +2.5% | $1.2B +26.4% | $946.7M | $8.9B | $7.6B | $6.2B |
| Gross Margin | 54.7% -14.0pp | 68.7% -0.1pp | 68.8% -0.5pp | 69.3% -0.1pp | 69.4% | 9.8% | 28.9% | 38.3% |
| Research & Development | $0 | $0 | $0 -100.0% | $3.5M | $0 | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $170.2M +23.2% | $138.1M +1.0% | $136.8M +13.9% | $120.1M +15.4% | $104.1M | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $417.1M -45.8% | $770.3M +31.0% | $587.9M -6.9% | $631.3M +20.9% | $522.4M | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $619.8M +2.7% | $603.7M +19.0% | $507.3M +4.0% | $487.9M +23.4% | $395.3M | $374.2M | $1.2B | $631.8M |
| EBITDA | $1.6B +28.5% | $1.3B -9.9% | $1.4B +32.3% | $1.1B -21.2% | $1.3B | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 75.8% +13.8pp | 62.0% -16.6pp | 78.6% +17.3pp | 61.3% -37.2pp | 98.5% | 5.6% | 46.3% | 42.0% |
| Operating Income | $752.6M +19.6% | $629.1M -1.5% | $638.8M +13.0% | $565.5M +33.3% | $424.3M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 35.2% +4.3pp | 30.9% -4.9pp | 35.8% +3.1pp | 32.7% +1.6pp | 31.1% | 16.6% | 24.1% | 22.0% |
| Interest Income | $61.9M | $0 | $0 | $0 | $0 | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $407.5M +32.4% | $307.8M +23.0% | $250.2M +10.3% | $226.8M +11.1% | $204.1M | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | -$157.0M +14.8% | -$184.2M -309.1% | $88.1M +122.4% | -$394.3M -192.0% | $428.8M | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $595.6M +33.9% | $444.9M -38.8% | $726.9M +324.6% | $171.2M -79.9% | $853.1M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 27.8% +6.0pp | 21.8% -18.9pp | 40.8% +30.9pp | 9.9% -52.6pp | 62.5% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $2.8M -89.0% | $25.4M -58.3% | $61.0M +7.6% | $56.7M +1576.2% | $3.4M | $1.3B | -$1.6B | $745.2M |
| Net Income | $584.1M +42.2% | $410.8M -37.2% | $654.3M +419.4% | $126.0M -85.1% | $844.1M | $4.9B | $4.8B | $4.7B |
| Net Margin | 27.3% +7.1pp | 20.2% -16.5pp | 36.7% +29.4pp | 7.3% -54.6pp | 61.9% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $1 +50.9% | $1 -46.1% | $1 +537.5% | $0 -90.1% | $2 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $1 +50.9% | $1 -46.1% | $1 +537.5% | $0 -90.0% | $2 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $673.9M +0.4% | $671.6M +8.9% | $616.9M +0.2% | $615.5M +21.6% | $506.2M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $674.1M +0.3% | $672.1M +8.7% | $618.2M +0.1% | $617.9M +20.8% | $511.4M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector
W. P. Carey Inc.
NYSE:WPC
$17.09B
Mid-America Apartment Communities, Inc.
NYSE:MAA
$16.17B
Annaly Capital Management, Inc.
NYSE:NLY
$16.12B
Regency Centers Corporation
NASDAQ:REG
$14.70B
Jones Lang LaSalle Incorporated
NYSE:JLL
$13.92B
Omega Healthcare Investors, Inc.
NYSE:OHI
$13.63B
Gaming and Leisure Properties, Inc.
NASDAQ:GLPI
$13.44B
American Homes 4 Rent
NYSE:AMH
$11.98B
Rithm Capital Corp.
NYSE:RITM
$5.20B
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does KIM generate?
Kimco Realty Corporation (KIM) reported $2.14B of revenue in fiscal 2025.
Is KIM profitable?
Kimco Realty Corporation (KIM) reported $584.10M of net income, with a net margin of 27.3%.
Explore More
Continue the stock analysis
Jump to another research area for this company.