All data is for educational purposes only and should not be considered investment advice.
Equiscale is operated by Syntellia LLC, a Delaware limited liability company.
© 2026 Syntellia LLC. All rights reserved.
CBL & Associates Properties, Inc. owns and manages a national portfolio of market-dominant properties located in dynamic and growing communities. CBL's owned and managed portfolio is comprised of 88 properties totaling 55.6 million square feet across 23 states, including 56 high-quality enclosed malls, outlet centers and lifestyle retail centers as well as more than 25 open-air centers and other assets. CBL seeks to continuously strengthen its company and portfolio through active management, aggressive leasing and profitable reinvestment in its properties. CBL & Associates Properties, Inc. is headquartered in Chattanooga, TN. CBL & Associates Properties, Inc. was incorporated in 1978 in Delaware, USA.
Rule-based from financial data. Not advice.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 5 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $578M | $491M | $136M | $250M | 36.3% | 12.2% | 130.6% |
| 2024 | $516M | $369M | $59M | $202M | 18.2% | -3.7% | 800.9% |
| 2023 | $535M | $389M | $7M | $184M | 1.9% | -4.9% | -107.0% |
| 2022 | $563M | $398M | $-93M | $208M | -25.2% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2025 |
|---|---|
| Total Revenue | 578.37 |
| Operating Revenue | 564.10 |
| Cost Of Revenue | 204.35 |
| Gross Profit | 374.02 |
| Operating Expense | 234.25 |
| Selling General And Administration | 69.04 |
| Total Expenses | 438.61 |
| Operating Income | 139.77 |
| EBITDA | 490.76 |
| Normalized EBITDA | 386.09 |
| EBIT | 310.96 |
| Interest Income | 13.25 |
| Interest Expense | 175.96 |
| Net Interest Income | -162.71 |
| Other Income Expense | 157.95 |
| Interest Income Non Operating | 13.25 |
| Interest Expense Non Operating | 175.96 |
| Net Non Operating Interest Income Expense | -162.71 |
| Pretax Income | 135 |
| Tax Provision | 0.48 |
| Tax Rate For Calcs | 0 |
| Tax Effect Of Unusual Items | 0.37 |
| Net Income Continuous Operations | 134.53 |
| Net Income From Continuing And Discontinued Operation | 135.97 |
| Net Income From Continuing Operation Net Minority Interest | 135.97 |
| Net Income | 135.97 |
| Net Income Common Stockholders | 133.88 |
| Net Income Including Noncontrolling Interests | 134.53 |
| Normalized Income | 31.67 |
| Diluted NI Availto Com Stockholders | 133.88 |
| Basic Average Shares | 30.34 |
| Diluted Average Shares | 30.84 |
| Reconciled Depreciation | 179.79 |
| Reconciled Cost Of Revenue | 189.72 |
| Total Unusual Items | 104.67 |
| Total Unusual Items Excluding Goodwill | 104.67 |
| Minority Interests | 1.44 |
| Special Income Charges | 30.44 |
| Gain On Sale Of Business | 33.85 |
| Other Special Charges | 0.22 |
| Impairment Of Capital Assets | 3.19 |
| Restructuring And Mergern Acquisition | 0 |
| Gain On Sale Of Security | 74.23 |
| Depreciation Amortization Depletion Income Statement | 165.16 |
| Depreciation And Amortization In Income Statement | 165.16 |
| General And Administrative Expense | 69.04 |
| Other Gand A | 69.04 |
| Other Operating Expenses | 0.06 |
| Otherunder Preferred Stock Dividend | 2.09 |
| Earnings From Equity Interest | 53.28 |
| Other Taxes | - |
Real Estate sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| CBL & Associates Properties, Inc.this co. | CBL | $1.5B | 10.99 | 3.92 | 35.7% | 6.74 |
| Century Communities, Inc. | CCS | $1.6B | 10.95 | 0.62 | 5.7% | 12.52 |
| Empire State Realty Trust, Inc. | ESRT | $1.6B | 33.83 | 1.52 | 4.5% | 10.36 |
| RLJ Lodging Trust | RLJ | $1.6B | 56.45 | 0.89 | 1.6% | 10.81 |
| Kennedy-Wilson Holdings, Inc. | KW |
| 2021 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| $1.5B |
| - |
| 1.00 |
| -2.5% |
| 14.28 |
| NexPoint Residential Trust, Inc. | NXRT | $1.5B | - | 5.03 | -10.8% | 20.72 |
| Forestar Group Inc. | FOR | $1.5B | 8.65 | 0.82 | 9.5% | 8.89 |
| Apollo Commercial Real Estate Finance, Inc. | ARI | $1.4B | 11.28 | 0.77 | 6.8% | - |
| Orchid Island Capital, Inc. | ORC | $1.3B | 8.43 | 0.98 | 11.6% | - |
| Peer Median | - | 11.12 | 0.94 | 5.1% | 11.67 | |