SITE Centers (SITC) Financial Statements

Price: $12.63
Market Cap: $662.20M
Avg Volume: 915.67K
Country: US
Industry: REIT - Retail
Sector: Real Estate
Beta: 1.774
52W Range: $12.58-64.44
Website: SITE Centers

Overview of Financial Statements

Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:

  • Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
  • Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
  • Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.

This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of SITE Centers.


Income Statement

Revenue
Cost of Revenue
Revenue and Costs$1.00B$1.00B$800.00M$800.00M$600.00M$600.00M$400.00M$400.00M$200.00M$200.00M$0.00$0.0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Operating Expenses
Operating Income
Operating Expenses & Income$800.00M$800.00M$600.00M$600.00M$400.00M$400.00M$200.00M$200.00M$0.00$0.0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018 December 31, 2017 December 31, 2016 December 31, 2015
Revenue $277.47M $546.27M $540.81M $492.34M $416.76M $447.75M $654.86M $879.45M $969.51M $995.10M
Cost of Revenue $95.66M $165.72M $169.98M $152.79M $138.40M $139.66M $207.99M $250.92M $277.08M $293.69M
Gross Profit $181.80M $380.55M $370.82M $339.56M $278.36M $308.09M $446.87M $628.53M $692.42M $701.41M
Gross Profit Ratio 65.52% 69.70% 68.57% 69.00% 66.79% 68.81% 68.24% 71.47% 71.42% 70.49%
Research and Development Expenses $- $- $- $- $- $- $- $- $- $-
General and Administrative Expenses $47.08M $50.87M $46.56M $55.05M $52.88M $58.38M $61.64M $89.85M $76.10M $73.38M
Selling and Marketing Expenses $- $- $- $- $- $- $- $- $- $-
Selling General and Administrative Expenses $47.08M $50.87M $46.56M $55.05M $52.88M $58.38M $61.64M $89.85M $76.10M $73.38M
Other Expenses $134.72M $- $203.55M $185.77M $170.67M $165.09M $242.10M $-95.36M $39.62M $31.23M
Operating Expenses $181.80M $45.87M $250.11M $240.82M $223.55M $223.47M $303.74M $446.85M $465.62M $475.43M
Cost and Expenses $277.47M $430.46M $420.09M $393.61M $361.95M $363.13M $511.73M $697.77M $742.70M $769.12M
Interest Income $31.62M $- $- $- $11.89M $18.01M $20.44M $28.36M $37.05M $29.21M
Interest Expense $59.46M $82.00M $77.69M $77.03M $77.60M $84.72M $141.31M $188.65M $217.59M $241.73M
Depreciation and Amortization $130.90M $212.46M $203.55M $185.77M $170.67M $165.09M $242.10M $346.20M $389.52M $402.05M
EBITDA $716.89M $339.27M $361.16M $372.32M $263.06M $323.04M $338.23M $577.39M $667.87M $656.21M
EBITDA Ratio 258.37% 62.11% 66.78% 75.62% 63.12% 72.15% 51.65% 53.41% 73.10% 68.87%
Operating Income $525.76M $339.27M $157.61M $186.55M $92.39M $157.95M $96.12M $637.03M $692.42M $701.41M
Operating Income Ratio 189.49% 62.11% 29.14% 37.89% 22.17% 35.28% 14.68% 72.44% 71.42% 70.49%
Total Other Income Expenses Net $761.00K $-71.50M $-188.46M $-12.29M $-62.36M $-41.48M $-76.27M $-456.83M $-273.51M $-490.55M
Income Before Tax $526.52M $267.77M $169.61M $126.97M $37.72M $102.48M $-108.44M $-402.67M $-10.41M $-231.59M
Income Before Tax Ratio 189.76% 49.02% 31.36% 25.79% 9.05% 22.89% -16.56% -45.79% -1.07% -23.27%
Income Tax Expense $761.00K $2.04M $816.00K $1.55M $1.13M $659.00K $862.00K $1.62M $1.78M $6.29M
Net Income $531.82M $265.70M $168.72M $124.94M $35.72M $100.70M $-109.30M $-241.69M $60.01M $-72.17M
Net Income Ratio 191.67% 48.64% 31.20% 25.38% 8.57% 22.49% -16.69% -27.48% 6.19% -7.25%
EPS $10.49 $4.85 $2.96 $2.04 $0.74 $2.20 $-2.37 $-5.26 $1.31 $-1.60
EPS Diluted $10.46 $4.85 $2.92 $2.04 $0.74 $2.20 $-2.37 $-5.26 $1.31 $-1.60
Weighted Average Shares Outstanding 52.40M 52.36M 53.25M 52.00M 48.33M 45.76M 46.13M 45.92M 45.66M 45.11M
Weighted Average Shares Outstanding Diluted 52.55M 52.41M 53.47M 52.29M 48.44M 45.81M 46.13M 45.92M 45.70M 45.11M
SEC Filing Source Source Source Source Source Source Source Source Source Source

Balance Sheet

Total Assets
Total Liabilities
Total Assets and Liabilities$10.00B$10.00B$8.00B$8.00B$6.00B$6.00B$4.00B$4.00B$2.00B$2.00B$0.00$0.0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Equity$2.50B$2.50B$2.00B$2.00B$1.50B$1.50B$1.00B$1.00B$500.00M$500.00M$0.00$0.0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018 December 31, 2017 December 31, 2016 December 31, 2015
Cash and Cash Equivalents $54.59M $551.97M $20.25M $41.81M $69.74M $16.08M $11.09M $92.61M $30.43M $22.42M
Short Term Investments $- $- $44.61M $- $- $- $- $277.78M $393.34M $395.16M
Cash and Short Term Investments $54.59M $551.97M $20.25M $41.81M $69.74M $16.08M $11.09M $92.61M $30.43M $22.42M
Net Receivables $25.44M $65.62M $63.93M $61.38M $73.52M $68.14M $87.01M $186.95M $121.37M $171.62M
Inventory $- $- $- $- $- $- $- $-15.88M $-32.81M $10.10M
Other Current Assets $- $49.62M $19.01M $12.96M $15.86M $3.05M $2.56M $96.25M $91.11M $46.56M
Total Current Assets $80.03M $667.22M $85.14M $104.63M $147.93M $199.86M $290.55M $559.45M $603.43M $599.30M
Property Plant Equipment Net $15.82M $17.37M $18.20M $19.05M $20.60M $21.79M $- $- $- $-
Goodwill $- $- $18.20M $- $- $- $- $- $- $-
Intangible Assets $12.94M $68.99M $87.75M $113.11M $111.02M $79.81M $77.42M $182.41M $241.60M $311.05M
Goodwill and Intangible Assets $12.94M $68.99M $105.94M $113.11M $111.02M $79.81M $77.42M $182.41M $241.60M $311.05M
Long Term Investments $30.43M $39.37M $44.61M $64.63M $267.33M $372.01M $363.72M $106.04M $60.79M $72.58M
Tax Assets $- $- $- $3.65B $3.54B $3.40B $- $- $- $-
Other Non-Current Assets $773.20M $3.27B $3.79B $17.37M $19.67M $21.28M $3.47B $6.32B $7.29B $8.11B
Total Non-Current Assets $832.39M $3.39B $3.96B $3.86B $3.96B $3.89B $3.92B $6.61B $7.59B $8.50B
Other Assets $21.18M $- $- $- $- $- $- $- $- $-
Total Assets $933.60M $4.06B $4.05B $3.97B $4.11B $4.09B $4.21B $7.17B $8.20B $9.10B
Account Payables $115.48M $112.52M $214.99M $218.78M $215.11M $220.81M $203.66M $344.77M $382.29M $425.48M
Short Term Debt $- $684.00K $- $- $135.00M $5.00M $100.00M $- $- $210.00M
Tax Payables $- $- $- $- $- $- $- $- $- $-
Deferred Revenue $- $- $- $- $- $- $- $- $- $-425.48M
Other Current Liabilities $- $146.33M $-67.21M $-69.94M $-335.26M $-48.65M $-105.07M $-266.23M $525.55M $-566.87M
Total Current Liabilities $115.48M $259.53M $30.39M $28.24M $14.84M $44.04M $45.26M $78.55M $75.25M $68.60M
Long Term Debt $301.37M $1.63B $1.71B $1.68B $1.93B $1.85B $1.88B $3.85B $4.49B $5.14B
Deferred Revenue Non-Current $- $- $- $- $- $- $- $- $- $-
Deferred Tax Liabilities Non-Current $- $- $- $- $- $- $- $- $- $-
Other Non-Current Liabilities $- $79.47M $97.60M $98.18M $- $87.69M $50.33M $127.51M $-450.30M $155.30M
Total Non-Current Liabilities $301.37M $1.71B $1.92B $1.90B $2.15B $2.07B $2.09B $4.19B $4.88B $5.57B
Other Liabilities $- $-78.78M $- $- $- $- $- $- $- $-
Total Liabilities $416.86M $1.89B $1.95B $1.92B $2.16B $2.11B $2.13B $4.27B $4.95B $5.63B
Preferred Stock $- $175.00M $175.00M $175.00M $325.00M $325.00M $525.00M $525.00M $350.00M $350.00M
Common Stock $5.25M $21.44M $21.44M $21.13M $19.40M $19.38M $18.47M $36.85M $36.63M $36.53M
Retained Earnings $-3.47B $-3.93B $-4.05B $-4.09B $-4.10B $-4.07B $-3.98B $-3.18B $-2.63B $-2.39B
Accumulated Other Comprehensive Income Loss $5.47M $6.12M $9.04M $- $-2.68M $-491.00K $-1.38M $-1.11M $-4.19M $-6.28M
Other Total Stockholders Equity $3.98B $5.91B $5.93B $5.93B $5.70B $5.70B $5.51B $5.53B $5.49B $5.47B
Total Stockholders Equity $516.74M $2.18B $2.09B $2.04B $1.94B $1.98B $2.07B $2.89B $3.24B $3.46B
Total Equity $516.74M $2.18B $2.09B $2.04B $1.94B $1.98B $2.07B $- $- $-
Total Liabilities and Stockholders Equity $933.60M $4.06B $4.05B $3.97B $4.11B $4.09B $4.21B $7.17B $8.20B $9.10B
Minority Interest $- $- $5.79M $5.79M $3.31M $3.06M $2.93M $6.51M $8.50M $8.28M
Total Liabilities and Total Equity $933.60M $4.06B $4.05B $3.97B $4.11B $4.09B $4.21B $7.17B $8.20B $9.10B
Total Investments $30.43M $39.37M $89.22M $64.63M $267.33M $372.01M $363.72M $383.81M $454.13M $467.73M
Total Debt $301.37M $1.63B $1.71B $1.68B $1.93B $1.85B $1.98B $3.85B $4.49B $5.14B
Net Debt $246.78M $1.07B $1.69B $1.64B $1.86B $1.83B $1.97B $3.76B $4.46B $5.12B

Cash Flow Statement

Operating Cash Flow
Investing Cash Flow
Operating and Investing Cash Flow$2.00B$2.00B$1.50B$1.50B$1.00B$1.00B$500.00M$500.00M$0.00$0.00-$500.00M-$500.00M20162016201720172018201820192019202020202021202120222022202320232024202420252025
Financing Cash Flow$0.00$0.00-$600.00M-$600.00M-$1.20B-$1.20B-$1.80B-$1.80B-$2.40B-$2.40B-$3.00B-$3.00B20162016201720172018201820192019202020202021202120222022202320232024202420252025
Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018 December 31, 2017 December 31, 2016 December 31, 2015
Net Income $531.82M $265.72M $168.79M $125.42M $36.59M $101.83M $116.11M $-243.13M $61.20M $-70.31M
Depreciation and Amortization $130.90M $212.46M $203.55M $185.77M $170.67M $165.09M $242.10M $346.20M $389.52M $402.05M
Deferred Income Tax $- $- $- $-60.17M $-3.63M $-11.82M $- $317.62M $31.12M $117.10M
Stock Based Compensation $6.83M $7.63M $7.22M $13.53M $8.80M $9.89M $7.47M $11.49M $7.76M $7.89M
Change in Working Capital $-36.30M $-20.55M $-7.79M $13.66M $-23.84M $1.19M $3.24M $-20.67M $-28.83M $-26.79M
Accounts Receivables $6.00M $-7.47M $-5.53M $15.87M $-11.65M $4.36M $-2.30M $2.47M $1.41M $-3.11M
Inventory $- $- $- $-13.40K $- $-11.00K $-11.39M $-2.71M $- $-
Accounts Payables $- $-3.04M $-125.00K $13.40K $- $11.00K $11.39M $-3.66M $- $-
Other Working Capital $-42.30M $-10.05M $-2.14M $-2.21M $-12.18M $-3.17M $5.54M $-16.77M $-30.24M $-23.68M
Other Non Cash Items $-521.22M $-226.73M $-114.50M $4.31M $1.58M $3.98M $-104.11M $-1.11M $2.15M $4.64M
Net Cash Provided by Operating Activities $112.04M $238.53M $257.26M $282.51M $190.17M $270.15M $264.81M $410.41M $462.92M $434.59M
Investments in Property Plant and Equipment $- $- $- $- $- $- $- $- $- $-
Acquisitions Net $- $3.26M $39.08M $-4.60M $139.37M $-30.64M $-93.10M $-69.24M $-6.85M $1.30M
Purchases of Investments $- $- $-5.93M $- $- $- $- $- $- $-
Sales Maturities of Investments $- $- $- $- $- $- $- $- $- $-
Other Investing Activities $1.84B $556.64M $-200.71M $79.05M $-36.90M $20.25M $910.04M $547.85M $478.94M $-55.79M
Net Cash Used for Investing Activities $1.84B $559.90M $-167.56M $74.45M $102.48M $-10.39M $816.94M $478.61M $472.09M $-54.49M
Debt Repayment $-1.32B $-81.35M $28.79M $-350.29M $-128.45M $-52.37M $-795.51M $-709.88M $-645.50M $-109.37M
Common Stock Issued $- $- $36.72M $224.97M $- $194.60M $- $- $- $-
Common Stock Repurchased $-4.77M $-28.35M $-42.26M $- $-7.50M $-214.10M $-36.34M $- $- $-
Dividends Paid $-128.06M $-120.52M $-120.02M $-99.54M $-98.35M $-180.70M $-281.33M $-305.82M $-293.90M $-265.28M
Other Financing Activities $-1.00B $-20.41M $-14.98M $-157.22M $-3.07M $-201.02M $-48.90M $182.42M $12.41M $-4.13M
Net Cash Used Provided by Financing Activities $-2.46B $-250.62M $-111.74M $-380.98M $-237.36M $-254.28M $-1.16B $-833.52M $-926.99M $-378.77M
Effect of Forex Changes on Cash $- $- $- $-1.00K $-4.00K $2.00K $-4.00K $- $1.00K $152.00K
Net Change in Cash $-501.37M $547.82M $-22.04M $-31.16M $55.28M $5.48M $-81.07M $55.50M $8.01M $1.48M
Cash at End of Period $67.67M $569.03M $21.21M $43.25M $74.41M $19.13M $13.65M $94.72M $30.43M $22.42M
Cash at Beginning of Period $569.03M $21.21M $43.25M $74.41M $19.13M $13.65M $94.72M $39.23M $22.42M $20.94M
Operating Cash Flow $112.04M $238.53M $257.26M $282.51M $190.17M $270.15M $264.81M $410.41M $462.92M $434.59M
Capital Expenditure $- $- $- $- $- $- $- $- $- $-
Free Cash Flow $112.04M $238.53M $257.26M $282.51M $190.17M $270.15M $264.81M $410.41M $462.92M $434.59M