Kimco Realty Corporation
Kimco Realty Corporation (KIM-PN) Financial Performance & Income Statement Overview
Analyze Kimco Realty Corporation (KIM-PN) financial statements (income, balance sheet, and cash flow) across both yearly and quarterly periods.
Kimco Realty Corporation (KIM-PN) Income Statement & Financial Overview
Analyze Kimco Realty Corporation’s KIM-PN earnings with segmented quarterly and yearly financial statement figures.
Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
---|---|---|---|---|
Revenue | $536.62M | $525.40M | $507.63M | $505.10M |
Cost of Revenue | $163.65M | $168.10M | $302.67M | $306.31M |
Gross Profit | $372.98M | $357.29M | $204.97M | $198.79M |
Gross Profit Ratio | $0.70 | $0.68 | $0.40 | $0.39 |
R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
SG&A Expenses | $34.39M | $34.90M | $33.85M | $33.09M |
Operating Expenses | $34.39M | $190.90M | $178.36M | $181.24M |
Total Costs & Expenses | $198.04M | $359.005M | $344.76M | $344.26M |
Interest Income | $0.00 | $0.00 | $0.00 | $0.00 |
Interest Expense | -$80.38M | $83.68M | $76.22M | $73.34M |
Depreciation & Amortization | -$158.45M | $156.13M | $144.69M | $148.15M |
EBITDA | -$106.48M | $326.06M | $314.11M | $308.98M |
EBITDA Ratio | -$0.20 | $0.62 | $0.62 | $0.61 |
Operating Income | $180.48M | $169.93M | $171.29M | $160.84M |
Operating Income Ratio | $0.34 | $0.32 | $0.34 | $0.32 |
Other Income/Expenses (Net) | -$48.13M | -$69.64M | -$53.93M | -$67.69M |
Income Before Tax | $132.35M | $100.29M | $117.36M | $93.02M |
Income Before Tax Ratio | $0.25 | $0.19 | $0.23 | $0.18 |
Income Tax Expense | -$464000.00 | -$46.94M | $128000.00 | $217000.00 |
Net Income | $132.82M | $166.04M | $135.98M | $119.74M |
Net Income Ratio | $0.25 | $0.32 | $0.27 | $0.24 |
EPS | $0.20 | $0.22 | $0.19 | $0.17 |
Diluted EPS | $0.20 | $0.22 | $0.19 | $0.17 |
Weighted Avg Shares Outstanding | $677.07M | $671.56M | $671.23M | $671.20M |
Weighted Avg Shares Outstanding (Diluted) | $677.30M | $672.14M | $671.58M | $671.38M |
The company's financials show resilient growth, with revenue advancing from $505.10M in Q2 2024 to $536.62M in Q1 2025. Gross profit remained healthy with margins at 70% in Q1 2025 compared to 39% in Q2 2024. Operating income hit $180.48M last quarter, sustaining a consistent 34% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at -$106.48M. Net income dropped to $132.82M, while earnings per share reached $0.20. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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