Kite Realty Group Trust (KRG) Financials

$26.49 +0.26 (+1.00%)

Closing price 03:59 PM Eastern

Extended Trading

$26.48 -0.01 (-0.03%)

As of 04:20 PM Eastern

Annual Income Statements for Kite Realty Group Trust

This table shows Kite Realty Group Trust's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2013	2014	2015	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2013	12/31/2014	12/31/2015	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	-11	-14	15	0.37	-0.53	-16	-81	-13	47	4.07	299
Consolidated Net Income / (Loss)	-3.54	-4.68	29	0.48	-0.00	-16	-82	-12	48	4.42	306
Net Income / (Loss) Continuing Operations	-0.73	-16	29	0.48	-0.00	-16	-82	-12	48	4.42	306
Total Pre-Tax Income	-0.40	-16	25	1.18	-0.28	-15	-82	-12	45	-0.11	291
Total Operating Income	28	29	72	21	72	35	-22	92	151	108	435
Total Gross Profit	129	260	347	354	315	267	373	802	821	837	844
Total Revenue	129	260	347	354	315	267	373	802	821	837	844
Operating Revenue	118	252	334	354	315	267	373	802	821	837	844
Total Cost of Revenue	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Operating Expenses	102	230	271	286	243	232	395	710	671	730	409
Selling, General & Admin Expense	8.21	13	19	21	28	72	90	162	164	166	172
Depreciation Expense	54	121	167	152	132	129	200	470	426	393	373
Other Operating Expenses / (Income)	37	69	86	42	84	36	50	105	102	104	105
Impairment Charge	0.00	0.00	1.59	70	38	-	0.00	0.00	0.48	66	52
Other Special Charges / (Income)	0.00	0.00	-4.52	-	-39	-4.73	-31	-27	-23	-	-292
Total Other Income / (Expense), net	-28	-46	-51	-67	-72	-50	-60	-104	-105	-108	-144
Interest Expense	28	46	51	67	71	50	60	104	105	126	133
Interest & Investment Income	-	-	-	-	-0.63	-	-	0.26	0.03	-	-12
Income Tax Expense	0.26	0.02	0.19	-0.23	-0.28	-0.70	-0.31	0.04	0.53	0.14	0.47
Other Gains / (Losses), net	-0.06	-0.24	4.07	-0.92	-	-1.43	-0.42	-	3.65	4.67	15
Net Income / (Loss) Attributable to Noncontrolling Interest	-0.69	1.03	2.20	0.12	0.53	0.10	-0.92	0.48	0.89	0.35	6.87
Basic Earnings per Share	($0.48)	($0.24)	$0.19	($0.56)	($0.01)	($0.19)	($0.73)	($0.06)	$0.22	$0.02	$1.37
Weighted Average Basic Shares Outstanding	23.54M	58.35M	83.42M	83.69M	83.93M	84.14M	110.64M	219.07M	219.34M	219.61M	218.31M
Diluted Earnings per Share	($0.48)	($0.24)	$0.18	($0.56)	($0.01)	($0.19)	($0.73)	($0.06)	$0.22	$0.02	$1.37
Weighted Average Diluted Shares Outstanding	23.54M	58.35M	83.53M	83.69M	83.93M	84.14M	110.64M	219.07M	219.73M	219.73M	218.43M
Weighted Average Basic & Diluted Shares Outstanding	94.14M	83.51M	83.41M	83.82M	83.98M	84.29M	218.95M	219.18M	219.45M	219.66M	206.79M
Cash Dividends to Common per Share	$0.96	$1.02	$1.09	$1.27	$1.27	$0.45	$0.68	$0.87	$0.97	$1.03	$1.25

This table shows Kite Realty Group Trust's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	2.07	7.98	14	-49	17	22	24	110	-16	181	11
Consolidated Net Income / (Loss)	2.18	8.16	14	-49	17	22	24	113	-16	185	12
Net Income / (Loss) Continuing Operations	2.18	8.16	12	-49	17	22	24	113	-16	185	12
Total Pre-Tax Income	2.25	6.78	9.06	-49	17	8.72	24	113	-25	179	11
Total Operating Income	27	35	39	-22	45	49	53	150	7.98	224	42
Total Gross Profit	207	200	207	212	207	215	221	213	205	204	201
Total Revenue	207	200	207	212	207	215	221	213	205	204	201
Operating Revenue	207	200	207	212	207	215	221	213	205	204	201
Total Cost of Revenue	0.00	-	0.00	0.00	0.00	-	0.00	0.00	0.00	-	0.00
Total Operating Expenses	180	165	168	235	162	165	168	64	197	-20	158
Selling, General & Admin Expense	42	40	41	42	41	43	42	42	43	44	45
Depreciation Expense	106	103	100	99	97	97	98	98	89	88	82
Other Operating Expenses / (Income)	26	22	27	26	25	26	28	27	26	24	25
Impairment Charge	0.48	-	-	66	0.00	-	0.00	0.00	39	-	5.89
Other Special Charges / (Income)	5.97	-0.13	0.24	1.23	-0.60	-	-0.09	-103	-	-	0.00
Total Other Income / (Expense), net	-25	-29	-30	-27	-28	-41	-29	-37	-33	-45	-31
Interest Expense	25	27	30	31	32	33	33	34	33	32	32
Interest & Investment Income	-0.05	-	-	-0.17	-0.61	-	-0.61	-3.24	-	-	-2.22
Other Income / (Expense), net	0.95	-	-	4.30	4.37	-	4.74	0.48	-	-	2.57
Income Tax Expense	0.07	0.45	0.16	0.13	0.04	-0.19	0.01	0.20	0.11	0.15	0.40
Other Gains / (Losses), net	-	-	3.21	-	-	-	0.00	-	8.88	-	1.04
Net Income / (Loss) Attributable to Noncontrolling Interest	0.11	0.19	0.28	-0.67	0.32	0.41	0.53	2.28	-0.20	4.25	0.34
Basic Earnings per Share	$0.01	$0.04	$0.06	($0.22)	$0.08	$0.10	$0.11	$0.50	($0.07)	$0.83	$0.06
Weighted Average Basic Shares Outstanding	219.38M	219.34M	219.50M	219.62M	219.67M	219.61M	219.72M	219.84M	219.41M	218.31M	205.69M
Diluted Earnings per Share	$0.01	$0.04	$0.06	($0.22)	$0.08	$0.10	$0.11	$0.50	($0.07)	$0.83	$0.06
Weighted Average Diluted Shares Outstanding	219.98M	219.73M	219.90M	219.62M	220.10M	219.73M	219.83M	219.95M	219.41M	218.43M	206.06M
Weighted Average Basic & Diluted Shares Outstanding	219.39M	219.45M	219.60M	219.67M	219.67M	219.66M	219.81M	219.86M	216.51M	206.79M	203.07M
Cash Dividends to Common per Share	$0.24	-	$0.25	$0.25	$0.26	-	$0.27	$0.27	$0.27	-	$0.29

This table details how cash moves in and out of Kite Realty Group Trust's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	-9.95	-23	3.26	13	7.31	-6.23	54	22	-81	92	345
Net Cash From Operating Activities	169	155	155	154	138	96	100	379	395	419	430
Net Cash From Continuing Operating Activities	169	155	155	154	138	96	100	379	395	419	430
Net Income / (Loss) Continuing Operations	29	3.12	14	-46	-0.00	-16	-82	-12	48	4.42	306
Consolidated Net Income / (Loss)	29	3.12	14	-46	-0.00	-16	-82	-12	48	4.42	306
Depreciation Expense	171	179	175	156	135	131	203	473	430	398	380
Amortization Expense	-9.18	-11	-6.59	-8.99	-5.24	-4.27	-5.60	-18	-25	-22	-15
Non-Cash Adjustments To Reconcile Net Income	-11	-0.81	-9.90	71	13	4.40	-30	-33	-26	60	-234
Changes in Operating Assets and Liabilities, net	-10	-15	-17	-17	-8.42	-19	14	-30	-33	-22	-7.34
Net Cash From Investing Activities	-84	-83	-2.03	148	417	-81	-91	-45	-82	-499	614
Net Cash From Continuing Investing Activities	-84	-83	-2.03	148	417	-81	-91	-45	-82	-499	614
Purchase of Property, Plant & Equipment	-259	-95	-72	-59	-111	-104	-10	-100	-145	-140	-152
Acquisitions	0.00	0.00	-1.40	-9.97	-	-0.54	15	-0.13	-78	-54	-323
Purchase of Investments	-	-	-	-	-0.80	0.00	-125	0.00	0.00	-615	0.00
Sale of Property, Plant & Equipment	170	14	76	218	529	-	81	80	141	44	735
Sale and/or Maturity of Investments	0.00	0.50	-	0.00	0.00	9.13	1.74	127	0.35	267	354
Net Cash From Financing Activities	-95	-91	-149	-289	-547	-21	44	-313	-393	172	-698
Net Cash From Continuing Financing Activities	-99	-95	-149	-289	-547	-21	44	-313	-393	172	-698
Repayment of Debt	-840	-604	-129	-557	-485	-302	-78	-569	-544	-315	-1,018
Repurchase of Preferred Equity	-103	-	-	-	-	-	-	-	0.00	0.00	-248
Repurchase of Common Equity	-35	-1.13	-0.84	-0.35	-0.53	-1.34	-23	-6.69	-1.53	-20	-5.62
Payment of Dividends	-106	-103	-105	-110	-137	-40	-60	-182	-217	-226	-243
Issuance of Debt	984	608	98	400	75	325	215	455	369	733	817
Issuance of Common Equity	0.00	4.40	0.03	0.08	0.35	0.07	0.03	0.03	0.09	0.07	0.08
Cash Interest Paid	61	67	69	68	61	50	60	114	121	131	133

This table details how cash moves in and out of Kite Realty Group Trust's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	-77	-17	48	70	-36	10	-78	133	-95	386	-255
Net Cash From Operating Activities	111	103	54	142	112	111	74	133	116	107	50
Net Cash From Continuing Operating Activities	111	103	54	142	112	111	74	133	116	107	50
Net Income / (Loss) Continuing Operations	2.18	8.16	14	-49	17	22	24	113	-16	185	12
Consolidated Net Income / (Loss)	2.18	8.16	14	-49	17	22	24	113	-16	185	12
Depreciation Expense	107	104	101	100	98	99	100	100	91	90	84
Amortization Expense	-7.19	-6.14	-5.51	-5.61	-5.07	-5.93	-6.06	-2.60	-3.28	-2.64	-2.86
Non-Cash Adjustments To Reconcile Net Income	6.31	0.13	-2.73	67	-1.22	0.85	0.56	-99	32	-167	13
Changes in Operating Assets and Liabilities, net	2.62	-2.51	-54	30	3.88	-4.85	-45	22	13	1.31	-57
Net Cash From Investing Activities	-63	-26	-289	135	-315	-30	228	-50	1.78	434	-25
Net Cash From Continuing Investing Activities	-63	-26	-289	135	-315	-30	228	-50	1.78	434	-25
Purchase of Property, Plant & Equipment	-	-0.00	0.00	-	-	-1.00	-42	10	-	-84	-32
Acquisitions	-	-	0.00	-	-11	-1.36	-1.95	-254	-	-67	0.00
Purchase of Investments	-	-	-265	-	-350	-	-78	-	-	-	-7.93
Sale of Property, Plant & Equipment	45	16	1.76	33	2.50	6.44	0.00	233	32	471	15
Sale and/or Maturity of Investments	0.05	0.01	1.62	145	120	-	350	2.62	0.96	0.46	0.39
Net Cash From Financing Activities	-124	-94	283	-207	167	-71	-380	50	-213	-154	-280
Net Cash From Continuing Financing Activities	-124	-94	283	-207	167	-71	-380	50	-213	-154	-280
Repayment of Debt	-106	-77	-41	-151	-121	-1.29	-420	-480	-81	-36	-270
Repurchase of Preferred Equity	-	-	-	-	-	-	0.00	-	-	-178	-152
Repurchase of Common Equity	-0.36	-0.39	-4.49	-0.02	-3.71	-12	-1.21	-2.85	-1.28	-0.28	-1.61
Payment of Dividends	-57	-53	-56	-56	-56	-58	-62	-61	-61	-60	-93
Issuance of Debt	39	37	385	-	348	-	103	594	-	120	237
Issuance of Common Equity	0.02	0.02	0.02	0.02	0.01	0.03	0.02	0.02	0.02	0.02	0.02

This table presents Kite Realty Group Trust's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	3,756	3,656	3,512	3,172	2,649	2,609	7,640	7,342	6,944	7,092	6,664
Total Current Assets	43	30	95	106	121	141	254	344	268	432	330
Cash & Equivalents	34	20	24	35	31	44	93	116	36	128	37
Accounts Receivable	-	-	58	58	55	57	68	101	113	126	128
Prepaid Expenses	8.85	9.73	12	13	35	40	85	127	118	105	94
Other Current Nonoperating Assets	-	-	-	-	-	-	-	-	0.00	74	71
Plant, Property, & Equipment, net	-432	-561	-665	-700	-667	2,389	-885	6,571	6,358	6,047	5,347
Plant, Property & Equipment, gross	-	-	-	-	-	3,144	-	7,733	7,740	7,634	7,003
Accumulated Depreciation	432	561	665	700	667	755	885	1,161	1,382	1,588	1,656
Total Noncurrent Assets	4,146	4,187	4,082	3,766	3,195	79	8,271	426	318	613	988
Long-Term Investments	-	-	3.90	13	13	13	12	10	9.06	20	364
Other Noncurrent Operating Assets	4,146	4,187	4,078	3,752	3,182	66	8,259	416	309	593	623
Total Liabilities & Shareholders' Equity	3,756	3,656	3,512	3,172	2,649	2,609	7,640	7,342	6,944	7,092	6,664
Total Liabilities	1,937	1,924	1,874	1,713	1,307	1,334	3,657	3,516	3,300	3,680	3,473
Total Current Liabilities	81	81	78	86	70	77	185	208	198	203	221
Accounts Payable	81	81	78	86	70	77	185	208	198	203	221
Total Noncurrent Liabilities	1,856	1,843	1,796	1,627	1,237	1,256	3,472	3,308	3,102	3,477	3,252
Long-Term Debt	1,724	1,731	1,699	1,543	1,147	1,171	3,151	3,010	2,829	3,227	3,025
Other Noncurrent Operating Liabilities	132	112	97	84	90	86	321	298	273	246	222
Other Noncurrent Nonoperating Liabilities	-	-	-	-	-	-	-	-	0.00	4.01	4.31
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	92	88	72	46	53	43	55	54	73	98	116
Total Equity & Noncontrolling Interests	1,727	1,644	1,566	1,413	1,290	1,231	3,927	3,772	3,571	3,314	3,076
Total Preferred & Common Equity	1,726	1,644	1,565	1,413	1,289	1,230	3,922	3,767	3,568	3,312	3,074
Total Common Equity	1,726	1,644	1,565	1,413	1,289	1,230	3,922	3,767	3,568	3,312	3,074
Common Stock	2,051	2,063	2,072	2,079	2,075	2,085	4,901	4,900	4,889	4,871	4,614
Retained Earnings	-323	-419	-510	-663	-770	-824	-963	-1,208	-1,373	-1,595	-1,564
Accumulated Other Comprehensive Income / (Loss)	-2.15	-0.32	2.99	-3.50	-16	-31	-16	74	52	37	23
Noncontrolling Interest	0.77	0.69	0.70	0.70	0.70	0.70	5.15	5.37	2.43	1.89	1.92

This table presents Kite Realty Group Trust's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Total Assets	7,400	7,197	7,165	7,052	7,204	6,959	7,130	6,683	6,858	6,648	6,350
Total Current Assets	318	287	369	320	333	462	412	371	492	359	318
Cash & Equivalents	88	44	129	52	84	154	118	49	182	69	33
Accounts Receivable	87	103	110	113	118	120	114	124	125	130	133
Prepaid Expenses	143	117	130	135	132	114	106	118	96	101	99
Other Current Nonoperating Assets	-	23	-	14	-	74	75	80	88	60	54
Plant, Property, & Equipment, net	-1,094	-1,211	-1,244	6,397	6,306	6,099	6,091	6,055	5,762	5,690	5,312
Plant, Property & Equipment, gross	-	-	-	7,708	7,758	7,546	7,608	7,695	7,423	7,418	7,029
Accumulated Depreciation	1,094	1,211	1,244	1,311	1,453	1,448	1,517	1,640	1,661	1,728	1,717
Total Noncurrent Assets	8,176	8,121	8,040	335	565	399	626	256	605	599	720
Long-Term Investments	11	10	10	10	9.60	9.97	19	20	391	375	357
Other Noncurrent Operating Assets	8,166	8,110	8,030	325	556	389	608	236	214	224	363
Total Liabilities & Shareholders' Equity	7,400	7,197	7,165	7,052	7,204	6,959	7,130	6,683	6,858	6,648	6,350
Total Liabilities	3,465	3,428	3,406	3,348	3,598	3,459	3,681	3,311	3,436	3,372	3,361
Total Current Liabilities	152	161	178	198	172	190	189	161	181	203	157
Accounts Payable	152	160	178	198	172	190	189	161	181	203	157
Total Noncurrent Liabilities	3,313	3,267	3,228	3,149	3,426	3,270	3,493	3,150	3,255	3,169	3,204
Long-Term Debt	3,013	2,973	2,938	2,869	3,168	3,016	3,240	2,910	3,022	2,942	2,992
Other Noncurrent Operating Liabilities	300	295	290	280	259	250	249	235	228	223	208
Other Noncurrent Nonoperating Liabilities	-	-	-	0.59	-	3.93	3.76	4.20	4.95	4.40	3.75
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	57	57	61	67	74	76	97	102	103	101	130
Total Equity & Noncontrolling Interests	3,878	3,711	3,698	3,638	3,533	3,423	3,351	3,270	3,320	3,175	2,859
Total Preferred & Common Equity	3,873	3,706	3,693	3,635	3,531	3,422	3,349	3,268	3,318	3,173	2,857
Total Common Equity	3,873	3,706	3,693	3,635	3,531	3,422	3,349	3,268	3,318	3,173	2,857
Common Stock	4,906	4,898	4,897	4,893	4,890	4,889	4,869	4,867	4,869	4,802	4,447
Retained Earnings	-1,106	-1,255	-1,276	-1,326	-1,414	-1,517	-1,558	-1,631	-1,580	-1,655	-1,611
Accumulated Other Comprehensive Income / (Loss)	73	63	71	68	55	50	38	32	28	25	21
Noncontrolling Interest	5.29	5.47	5.50	2.38	1.88	1.88	1.87	1.90	1.92	1.92	1.90

This table displays calculated financial ratios and metrics derived from Kite Realty Group Trust's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	33.71%	0.00%	305.31%	0.00%	-11.01%	-15.40%	40.01%	114.83%	2.62%	2.29%	0.82%
EBITDA Growth	60.50%	-28.02%	40.39%	-48.65%	19.42%	-19.56%	8.97%	210.51%	1.88%	-12.49%	59.61%
EBIT Growth	144.47%	-100.00%	143.64%	-86.81%	238.47%	-50.82%	-161.48%	527.01%	65.64%	-26.83%	245.97%
NOPAT Growth	247.16%	-100.00%	-60.86%	-84.42%	100.25%	-51.21%	-161.48%	525.89%	134.56%	-48.19%	475.17%
Net Income Growth	726.92%	0.00%	791.40%	-96.54%	-100.42%	-806,050.00%	-406.87%	85.13%	498.08%	-90.87%	6,818.66%
EPS Growth	175.00%	0.00%	2,700.00%	-500.00%	98.21%	-1,800.00%	-284.21%	91.78%	466.67%	-90.91%	6,750.00%
Operating Cash Flow Growth	297.91%	-8.51%	-0.20%	-0.16%	0.00%	0.00%	5.06%	277.96%	4.05%	6.18%	2.54%
Free Cash Flow Firm Growth	100.05%	13,540.55%	-38.16%	29.10%	46.70%	-85.61%	-5,877.23%	108.07%	15.38%	-80.62%	1,258.85%
Invested Capital Growth	2.05%	-1.88%	-3.90%	-10.75%	-17.22%	-2.29%	193.89%	-4.43%	-4.21%	-0.09%	-10.47%
Revenue Q/Q Growth	-52.24%	0.00%	97.69%	0.00%	0.00%	0.00%	0.00%	5.49%	-0.53%	1.75%	-1.24%
EBITDA Q/Q Growth	1.30%	-29.02%	35.97%	12.06%	47.92%	-18.84%	3.52%	23.82%	-0.19%	1.90%	26.67%
EBIT Q/Q Growth	-1.25%	-100.00%	124.34%	0.00%	0.00%	-51.60%	-144.01%	916.90%	7.02%	14.38%	66.91%
NOPAT Q/Q Growth	-1.80%	-100.00%	127.06%	0.00%	0.00%	-51.60%	-144.01%	914.76%	6.88%	14.38%	66.82%
Net Income Q/Q Growth	12.37%	0.00%	5.67%	0.00%	0.00%	-341.69%	-812.98%	89.08%	23.53%	145.76%	114.13%
EPS Q/Q Growth	50.00%	0.00%	3.70%	0.00%	0.00%	0.00%	0.00%	94.00%	22.22%	150.00%	114.06%
Operating Cash Flow Q/Q Growth	0.83%	0.55%	-2.18%	3.05%	0.00%	0.00%	-11.65%	46.47%	-3.28%	1.82%	-1.01%
Free Cash Flow Firm Q/Q Growth	100.31%	-62.67%	40.04%	53.49%	-1.35%	-60.41%	-8,482.07%	108.47%	-13.16%	6.92%	8.24%
Invested Capital Q/Q Growth	-1.61%	-0.13%	0.04%	-3.48%	-1.95%	2.05%	189.00%	-2.03%	-0.98%	-0.92%	0.53%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	100.00%	0.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
EBITDA Margin	67.16%	0.00%	22.81%	47.47%	63.71%	60.58%	47.15%	68.15%	67.66%	57.88%	94.83%
Operating Margin	20.69%	0.00%	11.13%	5.94%	22.77%	13.13%	-5.77%	11.43%	18.50%	13.23%	51.53%
EBIT Margin	20.66%	0.00%	11.11%	5.94%	22.59%	13.13%	-5.77%	11.46%	18.50%	13.23%	51.53%
Profit (Net Income) Margin	8.45%	0.00%	1.94%	0.14%	0.00%	-6.05%	-21.89%	-1.52%	5.88%	0.52%	36.18%
Tax Burden Percent	115.25%	0.00%	99.23%	40.83%	0.70%	104.78%	99.70%	100.36%	103.11%	-30.88%	105.04%
Interest Burden Percent	35.47%	0.00%	17.56%	5.60%	-0.40%	-43.95%	380.84%	-13.18%	30.82%	-12.84%	66.85%
Effective Tax Rate	0.73%	0.00%	-0.71%	-19.27%	0.00%	0.00%	0.00%	0.00%	1.14%	0.00%	0.16%
Return on Invested Capital (ROIC)	2.05%	0.00%	4.77%	0.80%	1.86%	1.01%	-0.32%	0.93%	2.29%	1.21%	7.14%
ROIC Less NNEP Spread (ROIC-NNEP)	-0.65%	0.00%	-3.11%	-0.75%	-2.01%	-2.65%	-3.53%	-1.64%	-1.31%	-1.33%	2.51%
Return on Net Nonoperating Assets (RNNOA)	-0.53%	0.00%	-3.12%	-0.77%	-1.86%	-2.25%	-2.79%	-1.25%	-1.00%	-1.09%	2.11%
Return on Equity (ROE)	1.52%	0.00%	1.65%	0.03%	0.00%	-1.23%	-3.11%	-0.31%	1.30%	0.13%	9.25%
Cash Return on Invested Capital (CROIC)	0.02%	1.90%	8.74%	12.17%	20.71%	3.33%	-98.77%	5.46%	6.59%	1.31%	18.19%
Operating Return on Assets (OROA)	1.88%	0.00%	4.45%	0.63%	2.45%	1.33%	-0.42%	1.23%	2.13%	1.59%	6.33%
Return on Assets (ROA)	0.77%	0.00%	0.77%	0.01%	0.00%	-0.61%	-1.59%	-0.16%	0.68%	0.06%	4.44%
Return on Common Equity (ROCE)	1.40%	0.00%	1.57%	0.03%	0.00%	-1.19%	-3.05%	-0.31%	1.27%	0.12%	8.95%
Return on Equity Simple (ROE_SIMPLE)	1.70%	0.19%	1.77%	0.03%	0.00%	-1.31%	-2.08%	-0.32%	1.36%	0.13%	0.00%
Net Operating Profit after Tax (NOPAT)	71	0.00	161	25	50	25	-15	64	151	78	434
NOPAT Margin	20.54%	0.00%	11.21%	7.08%	15.94%	9.19%	-4.04%	8.00%	18.29%	9.26%	51.45%
Net Nonoperating Expense Percent (NNEP)	2.70%	0.00%	7.87%	1.55%	3.87%	3.67%	3.21%	2.58%	3.60%	2.54%	4.63%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	0.95%	2.35%	1.19%	7.12%
Cost of Revenue to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	5.39%	0.00%	3.03%	6.02%	8.95%	26.95%	23.99%	20.21%	19.94%	19.74%	20.32%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	78.01%	0.00%	88.87%	80.81%	77.23%	86.87%	105.77%	88.57%	81.50%	86.77%	48.47%
Earnings before Interest and Taxes (EBIT)	72	0.00	159	21	71	35	-22	92	152	111	435
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	233	168	327	168	201	162	176	547	557	487	801
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.79	0.00	1.72	0.63	1.05	0.89	1.09	1.11	1.33	1.65	1.68
Price to Tangible Book Value (P/TBV)	0.79	0.00	1.72	0.63	1.05	0.89	1.09	1.11	1.33	1.65	1.68
Price to Revenue (P/Rev)	3.91	0.00	1.87	2.50	4.31	4.08	11.44	5.20	5.76	6.50	6.11
Price to Earnings (P/E)	87.95	0.00	74.95	2,421.20	0.00	0.00	0.00	0.00	99.73	1,343.51	17.28
Dividend Yield	6.61%	6.36%	7.62%	12.03%	9.82%	5.93%	3.49%	4.31%	4.44%	4.05%	4.59%
Earnings Yield	1.14%	0.00%	1.33%	0.04%	0.00%	0.00%	0.00%	0.00%	1.00%	0.07%	5.79%
Enterprise Value to Invested Capital (EV/IC)	0.90	0.52	1.34	0.82	1.03	0.94	1.05	1.06	1.18	1.35	1.37
Enterprise Value to Revenue (EV/Rev)	9.05	0.00	3.09	6.85	7.98	8.43	19.74	8.87	9.23	10.27	9.36
Enterprise Value to EBITDA (EV/EBITDA)	13.48	10.73	13.54	14.42	12.52	13.91	41.88	13.01	13.64	17.75	9.87
Enterprise Value to EBIT (EV/EBIT)	43.82	0.00	27.82	115.29	35.32	64.19	0.00	77.38	49.90	77.64	18.16
Enterprise Value to NOPAT (EV/NOPAT)	44.08	0.00	27.55	96.66	50.05	91.70	0.00	110.83	50.47	110.92	18.19
Enterprise Value to Operating Cash Flow (EV/OCF)	18.55	11.62	28.68	15.71	0.00	23.53	73.45	18.75	19.25	20.64	18.39
Enterprise Value to Free Cash Flow (EV/FCFF)	3,794.69	27.27	15.03	6.36	4.50	27.94	0.00	18.96	17.55	103.09	7.14
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.95	1.00	1.04	1.06	0.85	0.92	0.79	0.79	0.78	0.95	0.95
Long-Term Debt to Equity	0.95	1.00	1.04	1.06	0.85	0.92	0.79	0.79	0.78	0.95	0.95
Financial Leverage	0.81	0.96	1.00	1.02	0.93	0.85	0.79	0.76	0.76	0.82	0.84
Leverage Ratio	1.98	2.09	2.13	2.16	2.08	2.01	1.95	1.92	1.91	1.99	2.08
Compound Leverage Factor	0.70	0.00	0.37	0.12	-0.01	-0.88	7.42	-0.25	0.59	-0.26	1.39
Debt to Total Capital	48.67%	49.98%	50.91%	51.40%	46.07%	47.88%	44.17%	44.04%	43.71%	48.61%	48.66%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	48.67%	49.98%	50.91%	51.40%	46.07%	47.88%	44.17%	44.04%	43.71%	48.61%	48.66%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	2.63%	2.57%	2.18%	1.55%	2.14%	1.80%	0.85%	0.87%	1.17%	1.51%	1.90%
Common Equity to Total Capital	48.71%	47.45%	46.90%	47.05%	51.79%	50.29%	54.98%	55.10%	55.12%	49.89%	49.44%
Debt to EBITDA	7.40	10.32	5.19	9.18	5.71	7.25	17.90	5.51	5.08	6.62	3.78
Net Debt to EBITDA	7.25	10.20	5.10	8.89	5.49	6.90	17.26	5.28	5.00	6.32	3.28
Long-Term Debt to EBITDA	7.40	10.32	5.19	9.18	5.71	7.25	17.90	5.51	5.08	6.62	3.78
Debt to NOPAT	24.20	0.00	10.56	61.53	22.83	47.77	-209.12	46.91	18.80	41.39	6.96
Net Debt to NOPAT	23.72	0.00	10.38	59.58	21.95	45.47	-201.67	44.95	18.50	39.49	6.04
Long-Term Debt to NOPAT	24.20	0.00	10.56	61.53	22.83	47.77	-209.12	46.91	18.80	41.39	6.96
Altman Z-Score	0.44	-0.16	1.22	0.16	0.45	0.22	0.57	0.65	0.79	0.79	0.92
Noncontrolling Interest Sharing Ratio	8.42%	5.12%	4.80%	3.85%	3.56%	3.75%	2.00%	1.53%	1.81%	2.49%	3.30%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.53	1.03	1.21	1.24	1.74	1.82	1.37	1.66	1.35	2.13	1.49
Quick Ratio	0.42	0.90	1.05	1.09	1.24	1.30	0.87	1.04	0.76	1.25	0.74
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.83	66	295	381	559	80	-4,647	375	433	84	1,107
Operating Cash Flow to CapEx	190.35%	193.34%	0.00%	0.00%	0.00%	92.23%	0.00%	1,922.66%	0.00%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	0.02	0.00	2.25	5.70	7.89	1.60	-76.88	3.60	4.11	0.67	8.35
Operating Cash Flow to Interest Expense	3.33	0.00	1.18	2.31	0.00	1.90	1.66	3.64	3.75	3.33	3.24
Operating Cash Flow Less CapEx to Interest Expense	1.58	0.00	1.20	4.69	0.00	-0.16	2.82	3.45	4.34	3.36	7.64
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.09	0.00	0.40	0.11	0.11	0.10	0.07	0.11	0.12	0.12	0.12
Accounts Receivable Turnover	0.00	0.00	25.76	6.09	5.56	4.74	5.94	9.45	7.67	7.04	6.66
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.13	0.14	0.15
Accounts Payable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Sales Outstanding (DSO)	0.00	0.00	14.17	59.97	65.63	76.96	61.40	38.63	47.59	51.82	54.82
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	0.00	0.00	14.17	59.97	65.63	76.96	61.40	38.63	47.59	51.82	54.82
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	3,510	3,444	3,309	2,954	2,445	2,389	7,021	6,710	6,428	6,422	5,749
Invested Capital Turnover	0.10	0.00	0.43	0.11	0.12	0.11	0.08	0.12	0.13	0.13	0.14
Increase / (Decrease) in Invested Capital	70	-66	-134	-356	-509	-56	4,632	-311	-282	-5.92	-672
Enterprise Value (EV)	3,142	1,800	4,435	2,425	2,514	2,247	7,371	7,112	7,596	8,649	7,903
Market Capitalization	1,358	0.00	2,691	884	1,358	1,089	4,272	4,168	4,737	5,469	5,160
Book Value per Share	$20.71	$0.00	$9.24	$16.88	$15.35	$14.61	$17.91	$17.19	$16.26	$15.08	$14.20
Tangible Book Value per Share	$20.71	$0.00	$9.24	$16.88	$15.35	$14.61	$17.91	$17.19	$16.26	$15.08	$14.20
Total Capital	3,544	3,464	3,337	3,002	2,489	2,445	7,133	6,836	6,473	6,639	6,217
Total Debt	1,724	1,731	1,699	1,543	1,147	1,171	3,151	3,010	2,829	3,227	3,025
Total Long-Term Debt	1,724	1,731	1,699	1,543	1,147	1,171	3,151	3,010	2,829	3,227	3,025
Net Debt	1,691	1,711	1,671	1,494	1,103	1,114	3,039	2,884	2,784	3,079	2,624
Capital Expenditures (CapEx)	89	80	-3.64	-159	-418	104	-70	20	-63	-3.05	-583
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-73	-18	-7.69	-15	20	20	-32	21	33	102	72
Debt-free Net Working Capital (DFNWC)	-39	2.02	16	20	51	63	69	136	69	230	109
Net Working Capital (NWC)	-39	2.02	16	20	51	63	69	136	69	230	109
Net Nonoperating Expense (NNE)	42	0.00	133	25	50	41	67	76	102	74	129
Net Nonoperating Obligations (NNO)	1,691	1,711	1,671	1,494	1,103	1,114	3,039	2,884	2,784	3,010	2,558
Total Depreciation and Amortization (D&A)	161	168	168	147	130	127	198	455	405	376	366
Debt-free, Cash-free Net Working Capital to Revenue	-20.89%	0.00%	-0.54%	-4.27%	6.35%	7.37%	-8.49%	2.56%	4.02%	12.06%	8.50%
Debt-free Net Working Capital to Revenue	-11.13%	0.00%	1.14%	5.72%	16.29%	23.74%	18.39%	17.00%	8.44%	27.27%	12.85%
Net Working Capital to Revenue	-11.13%	0.00%	1.14%	5.72%	16.29%	23.74%	18.39%	17.00%	8.44%	27.27%	12.85%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.19	$0.00	$0.28	($0.56)	($0.01)	($0.19)	($0.73)	($0.06)	$0.22	$0.02	$1.37
Adjusted Weighted Average Basic Shares Outstanding	83.42M	0.00	169.15M	83.69M	83.93M	84.14M	110.64M	219.07M	219.34M	219.61M	218.31M
Adjusted Diluted Earnings per Share	$0.18	$0.00	$0.28	($0.56)	($0.01)	($0.19)	($0.73)	($0.06)	$0.22	$0.02	$1.37
Adjusted Weighted Average Diluted Shares Outstanding	83.53M	0.00	169.36M	83.69M	83.93M	84.14M	110.64M	219.07M	219.73M	219.73M	218.43M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	($0.19)	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	83.41M	0.00	0.00	83.82M	83.98M	84.29M	218.95M	219.18M	219.45M	219.66M	206.79M
Normalized Net Operating Profit after Tax (NOPAT)	70	0.00	101	64	49	21	24	46	129	125	195
Normalized NOPAT Margin	20.15%	0.00%	7.04%	18.06%	15.66%	7.95%	6.34%	5.72%	15.63%	14.84%	23.05%
Pre Tax Income Margin	7.33%	0.00%	1.95%	0.33%	-0.09%	-5.77%	-21.96%	-1.51%	5.70%	-1.70%	34.45%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	1.41	0.00	1.21	0.31	1.00	0.69	-0.36	0.88	1.45	0.89	3.28
NOPAT to Interest Expense	1.40	0.00	1.22	0.38	0.71	0.49	-0.25	0.62	1.43	0.62	3.28
EBIT Less CapEx to Interest Expense	-0.34	0.00	1.24	2.70	6.90	-1.36	0.81	0.69	2.04	0.91	7.68
NOPAT Less CapEx to Interest Expense	-0.35	0.00	1.25	2.76	6.61	-1.57	0.91	0.43	2.02	0.64	7.67
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	360.06%	0.00%	378.20%	22,875.68%	-6,854,800.00%	-245.99%	-73.43%	-1,499.47%	447.87%	5,125.16%	79.58%
Augmented Payout Ratio	479.46%	0.00%	381.21%	22,948.44%	-6,881,450.00%	-254.28%	-101.79%	-1,554.55%	451.04%	5,575.77%	81.42%

This table displays calculated financial ratios and metrics derived from Kite Realty Group Trust's official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	206,792,344.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	206,792,344.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	0.06
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	3.45%	-2.16%	0.33%	1.76%	0.02%	7.21%	6.90%	0.45%	-1.06%	-2.95%	-9.22%
EBITDA Growth	-2.24%	-0.77%	1.16%	-53.26%	11.44%	6.82%	12.15%	222.32%	-32.48%	124.18%	-16.66%
EBIT Growth	51.76%	39.46%	28.01%	-130.22%	77.62%	39.66%	46.70%	933.08%	-83.82%	388.33%	-22.19%
NOPAT Growth	103.04%	86.03%	25.10%	-126.37%	72.50%	52.76%	38.77%	1,056.25%	-87.55%	383.99%	-22.90%
Net Income Growth	128.20%	876.05%	159.59%	-251.79%	683.33%	172.29%	68.08%	328.38%	-196.23%	732.55%	-51.65%
EPS Growth	125.00%	0.00%	200.00%	-246.67%	700.00%	150.00%	83.33%	327.27%	-187.50%	730.00%	-45.45%
Operating Cash Flow Growth	2.45%	-11.45%	-15.76%	21.64%	1.45%	7.26%	38.22%	-6.52%	3.40%	-3.96%	-32.80%
Free Cash Flow Firm Growth	108.71%	-4.07%	-94.51%	-26.70%	-85.62%	-82.15%	2,474.96%	146.65%	1,291.46%	1,619.27%	6.34%
Invested Capital Growth	-5.22%	-4.21%	0.23%	-4.21%	-0.16%	-0.09%	-8.14%	-7.84%	-11.76%	-10.47%	-9.68%
Revenue Q/Q Growth	-0.74%	-3.35%	3.58%	2.41%	-2.44%	3.60%	3.28%	-3.77%	-3.91%	-0.44%	-1.69%
EBITDA Q/Q Growth	-22.30%	4.38%	1.68%	-43.32%	85.24%	0.05%	6.75%	62.91%	-61.20%	224.03%	-59.31%
EBIT Q/Q Growth	-53.41%	27.12%	11.66%	-145.70%	373.84%	-0.05%	17.28%	159.51%	-94.68%	2,702.46%	-79.89%
NOPAT Q/Q Growth	-56.08%	26.74%	16.55%	-140.32%	387.31%	12.24%	6.73%	177.82%	-96.26%	3,900.11%	-81.70%
Net Income Q/Q Growth	-93.30%	275.01%	76.83%	-441.53%	134.59%	30.36%	9.15%	364.06%	-114.57%	1,227.82%	-93.66%
EPS Q/Q Growth	-93.33%	300.00%	50.00%	-466.67%	136.36%	25.00%	10.00%	354.55%	-114.00%	1,285.71%	-92.77%
Operating Cash Flow Q/Q Growth	-5.20%	-6.57%	-48.22%	165.22%	-20.93%	-1.23%	-33.27%	79.36%	-12.54%	-8.26%	-53.31%
Free Cash Flow Firm Q/Q Growth	8.06%	-17.81%	-92.64%	1,020.93%	-78.80%	2.02%	962.12%	7.37%	19.59%	16.70%	-29.12%
Invested Capital Q/Q Growth	-1.01%	-0.98%	3.94%	-5.97%	3.17%	-0.92%	-4.44%	-5.66%	-1.21%	0.53%	-3.60%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
EBITDA Margin	61.49%	66.41%	65.19%	36.08%	68.51%	66.16%	68.39%	115.78%	46.75%	152.15%	62.98%
Operating Margin	12.95%	17.63%	19.01%	-10.50%	21.70%	22.97%	24.25%	70.11%	3.89%	109.58%	21.14%
EBIT Margin	13.40%	17.63%	19.01%	-8.48%	23.80%	22.97%	26.08%	70.33%	3.89%	109.58%	22.42%
Profit (Net Income) Margin	1.05%	4.08%	6.96%	-23.21%	8.23%	10.35%	10.94%	52.77%	-8.00%	90.66%	5.85%
Tax Burden Percent	96.97%	120.40%	159.32%	100.27%	99.80%	254.90%	99.96%	99.82%	65.17%	103.41%	105.81%
Interest Burden Percent	8.08%	19.21%	22.98%	272.93%	34.64%	17.69%	41.97%	75.15%	-315.41%	80.00%	24.64%
Effective Tax Rate	3.03%	6.62%	1.74%	0.00%	0.20%	-2.13%	0.04%	0.18%	0.00%	0.08%	3.56%
Return on Invested Capital (ROIC)	1.56%	2.06%	2.31%	-0.95%	2.76%	3.07%	3.24%	9.94%	0.38%	15.19%	2.88%
ROIC Less NNEP Spread (ROIC-NNEP)	0.72%	1.19%	1.49%	-2.15%	1.81%	2.10%	2.23%	8.51%	-0.42%	13.81%	1.78%
Return on Net Nonoperating Assets (RNNOA)	0.54%	0.90%	1.21%	-1.66%	1.47%	1.73%	1.86%	6.33%	-0.34%	11.64%	1.49%
Return on Equity (ROE)	2.10%	2.96%	3.51%	-2.60%	4.23%	4.80%	5.10%	16.27%	0.04%	26.83%	4.36%
Cash Return on Invested Capital (CROIC)	7.47%	6.59%	2.14%	5.16%	1.21%	1.31%	10.47%	13.09%	16.76%	18.19%	17.42%
Operating Return on Assets (OROA)	1.53%	2.03%	2.17%	-0.99%	2.78%	2.75%	3.22%	8.73%	0.48%	13.45%	2.84%
Return on Assets (ROA)	0.12%	0.47%	0.80%	-2.72%	0.96%	1.24%	1.35%	6.55%	-0.99%	11.13%	0.74%
Return on Common Equity (ROCE)	2.06%	2.91%	3.45%	-2.55%	4.13%	4.68%	4.97%	15.84%	0.04%	25.95%	4.20%
Return on Equity Simple (ROE_SIMPLE)	1.08%	0.00%	1.62%	-0.72%	-0.29%	0.00%	0.44%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	26	33	39	-16	45	50	54	149	5.59	224	41
NOPAT Margin	12.55%	16.46%	18.67%	-7.35%	21.65%	23.46%	24.24%	69.98%	2.73%	109.49%	20.39%
Net Nonoperating Expense Percent (NNEP)	0.84%	0.88%	0.81%	1.21%	0.96%	0.97%	1.01%	1.43%	0.80%	1.38%	1.10%
Return On Investment Capital (ROIC_SIMPLE)	-	0.52%	-	-	-	0.77%	0.87%	2.35%	0.09%	3.66%	0.70%
Cost of Revenue to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	20.06%	20.03%	19.70%	19.55%	19.79%	19.91%	18.98%	19.81%	20.83%	21.80%	22.45%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	87.05%	82.37%	80.99%	110.50%	78.30%	77.03%	75.75%	29.89%	96.11%	-9.58%	78.86%
Earnings before Interest and Taxes (EBIT)	28	35	39	-18	49	49	58	150	7.98	224	45
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	127	133	135	77	142	142	152	247	96	311	126
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.22	1.33	1.33	1.42	1.72	1.65	1.48	1.48	1.52	1.68	1.86
Price to Tangible Book Value (P/TBV)	1.22	1.33	1.33	1.42	1.72	1.65	1.48	1.48	1.52	1.68	1.86
Price to Revenue (P/Rev)	5.36	5.76	5.70	5.86	6.97	6.50	5.65	5.72	5.65	6.11	6.46
Price to Earnings (P/E)	115.58	99.73	83.44	0.00	0.00	1,343.51	354.37	28.42	34.57	17.28	18.58
Dividend Yield	4.64%	4.44%	4.53%	4.43%	3.77%	4.05%	4.67%	4.69%	4.86%	4.59%	5.13%
Earnings Yield	0.87%	1.00%	1.20%	0.00%	0.00%	0.07%	0.28%	3.52%	2.89%	5.79%	5.38%
Enterprise Value to Invested Capital (EV/IC)	1.13	1.18	1.17	1.24	1.38	1.35	1.27	1.29	1.30	1.37	1.45
Enterprise Value to Revenue (EV/Rev)	8.83	9.23	9.52	9.40	10.84	10.27	9.09	8.70	8.69	9.36	9.77
Enterprise Value to EBITDA (EV/EBITDA)	13.10	13.64	14.05	16.66	18.75	17.75	15.57	11.07	11.75	9.87	10.36
Enterprise Value to EBIT (EV/EBIT)	51.37	49.90	48.77	98.17	92.06	77.64	61.87	25.06	28.50	18.16	18.98
Enterprise Value to NOPAT (EV/NOPAT)	51.89	50.47	49.47	140.24	131.52	110.92	61.26	25.07	28.53	18.19	19.04
Enterprise Value to Operating Cash Flow (EV/OCF)	17.91	19.25	20.40	18.98	21.79	20.64	17.70	17.34	17.12	18.39	19.87
Enterprise Value to Free Cash Flow (EV/FCFF)	14.66	17.55	54.84	23.48	114.26	103.09	11.59	9.44	7.27	7.14	7.92
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.77	0.78	0.88	0.86	0.94	0.95	0.86	0.88	0.90	0.95	1.00
Long-Term Debt to Equity	0.77	0.78	0.88	0.86	0.94	0.95	0.86	0.88	0.90	0.95	1.00
Financial Leverage	0.75	0.76	0.81	0.77	0.81	0.82	0.84	0.74	0.81	0.84	0.84
Leverage Ratio	1.89	1.91	1.95	1.95	1.98	1.99	1.99	2.00	2.05	2.08	2.05
Compound Leverage Factor	0.15	0.37	0.45	5.31	0.69	0.35	0.84	1.50	-6.46	1.67	0.50
Debt to Total Capital	43.64%	43.71%	46.76%	46.29%	48.44%	48.61%	46.33%	46.90%	47.31%	48.66%	50.02%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	43.64%	43.71%	46.76%	46.29%	48.44%	48.61%	46.33%	46.90%	47.31%	48.66%	50.02%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	1.06%	1.17%	1.12%	1.20%	1.48%	1.51%	1.65%	1.63%	1.66%	1.90%	2.21%
Common Equity to Total Capital	55.30%	55.12%	52.12%	52.52%	50.08%	49.89%	52.02%	51.48%	51.03%	49.44%	47.77%
Debt to EBITDA	5.14	5.08	5.67	6.46	6.78	6.62	5.82	4.49	4.65	3.78	3.85
Net Debt to EBITDA	5.02	5.00	5.51	6.11	6.49	6.32	5.69	3.64	3.95	3.28	3.35
Long-Term Debt to EBITDA	5.14	5.08	5.67	6.46	6.78	6.62	5.82	4.49	4.65	3.78	3.85
Debt to NOPAT	20.37	18.80	19.97	54.36	47.53	41.39	22.92	10.16	11.30	6.96	7.07
Net Debt to NOPAT	19.88	18.50	19.39	51.41	45.53	39.49	22.37	8.23	9.59	6.04	6.15
Long-Term Debt to NOPAT	20.37	18.80	19.97	54.36	47.53	41.39	22.92	10.16	11.30	6.96	7.07
Altman Z-Score	0.68	0.73	0.67	0.69	0.81	0.76	0.73	0.79	0.67	0.82	0.78
Noncontrolling Interest Sharing Ratio	1.72%	1.81%	1.87%	1.99%	2.35%	2.49%	2.57%	2.64%	3.01%	3.30%	3.71%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.61	1.35	1.94	2.43	2.18	2.13	2.30	2.72	1.77	1.49	2.03
Quick Ratio	0.83	0.76	1.18	1.44	1.22	1.25	1.07	1.70	0.98	0.74	1.06
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	384	315	23	260	55	56	598	642	768	896	635
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	94.64%	0.00%	0.00%	0.00%	293.16%
Free Cash Flow to Firm to Interest Expense	15.06	11.58	0.76	8.40	1.74	1.72	18.14	18.85	23.15	27.64	20.03
Operating Cash Flow to Interest Expense	4.35	3.80	1.76	4.59	3.55	3.39	2.25	3.90	3.50	3.29	1.57
Operating Cash Flow Less CapEx to Interest Expense	6.13	4.39	1.82	5.65	3.63	3.56	-0.13	11.03	4.46	15.21	1.03
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.11	0.12	0.11	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.13
Accounts Receivable Turnover	8.29	7.67	7.44	7.21	7.29	7.04	7.06	6.99	7.02	6.66	6.40
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	0.13	0.00	0.00	0.13	0.14	0.14	0.14	0.15	0.15	0.15
Accounts Payable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Sales Outstanding (DSO)	44.04	47.59	49.08	50.64	50.04	51.82	51.67	52.23	51.97	54.82	57.06
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	44.04	47.59	49.08	50.64	50.04	51.82	51.67	52.23	51.97	54.82	57.06
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	6,491	6,428	6,681	6,282	6,481	6,422	6,137	5,789	5,719	5,749	5,543
Invested Capital Turnover	0.12	0.13	0.12	0.13	0.13	0.13	0.13	0.14	0.14	0.14	0.14
Increase / (Decrease) in Invested Capital	-358	-282	16	-276	-10	-5.92	-544	-493	-762	-672	-594
Enterprise Value (EV)	7,307	7,596	7,845	7,780	8,966	8,649	7,780	7,459	7,430	7,903	8,054
Market Capitalization	4,437	4,737	4,695	4,850	5,763	5,469	4,835	4,905	4,829	5,160	5,319
Book Value per Share	$16.57	$16.26	$16.09	$15.58	$15.25	$15.08	$14.88	$15.09	$14.43	$14.20	$13.82
Tangible Book Value per Share	$16.57	$16.26	$16.09	$15.58	$15.25	$15.08	$14.88	$15.09	$14.43	$14.20	$13.82
Total Capital	6,573	6,473	6,774	6,515	6,688	6,639	6,282	6,445	6,218	6,217	5,982
Total Debt	2,869	2,829	3,168	3,016	3,240	3,227	2,910	3,022	2,942	3,025	2,992
Total Long-Term Debt	2,869	2,829	3,168	3,016	3,240	3,227	2,910	3,022	2,942	3,025	2,992
Net Debt	2,800	2,784	3,074	2,852	3,104	3,079	2,841	2,450	2,498	2,624	2,603
Capital Expenditures (CapEx)	-45	-16	-1.76	-33	-2.50	-5.44	78	-243	-32	-386	17
Debt-free, Cash-free Net Working Capital (DFCFNWC)	64	33	78	118	106	102	160	129	87	72	129
Debt-free Net Working Capital (DFNWC)	122	69	162	272	223	230	209	311	156	109	162
Net Working Capital (NWC)	122	69	162	272	223	230	209	311	156	109	162
Net Nonoperating Expense (NNE)	24	25	24	34	28	28	29	37	22	38	29
Net Nonoperating Obligations (NNO)	2,787	2,784	3,074	2,782	3,033	3,010	2,765	2,367	2,443	2,558	2,553
Total Depreciation and Amortization (D&A)	100	98	96	95	93	93	94	97	88	87	81
Debt-free, Cash-free Net Working Capital to Revenue	7.68%	4.02%	9.50%	14.27%	12.79%	12.06%	18.72%	15.04%	10.17%	8.50%	15.66%
Debt-free Net Working Capital to Revenue	14.73%	8.44%	19.65%	32.86%	26.99%	27.27%	24.45%	36.28%	18.21%	12.85%	19.61%
Net Working Capital to Revenue	14.73%	8.44%	19.65%	32.86%	26.99%	27.27%	24.45%	36.28%	18.21%	12.85%	19.61%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.01	$0.04	$0.06	($0.22)	$0.08	$0.10	$0.11	$0.50	($0.07)	$0.83	$0.06
Adjusted Weighted Average Basic Shares Outstanding	219.38M	219.34M	219.50M	219.62M	219.67M	219.61M	219.72M	219.84M	219.41M	218.31M	205.69M
Adjusted Diluted Earnings per Share	$0.01	$0.04	$0.06	($0.22)	$0.08	$0.10	$0.11	$0.50	($0.07)	$0.83	$0.06
Adjusted Weighted Average Diluted Shares Outstanding	219.98M	219.73M	219.90M	219.62M	220.10M	219.73M	219.83M	219.95M	219.41M	218.43M	206.06M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	219.39M	219.45M	219.60M	219.67M	219.67M	219.66M	219.81M	219.86M	216.51M	206.79M	203.07M
Normalized Net Operating Profit after Tax (NOPAT)	32	33	39	32	44	35	54	47	33	224	47
Normalized NOPAT Margin	15.57%	16.40%	18.79%	14.87%	21.36%	16.08%	24.20%	21.79%	16.14%	109.49%	23.22%
Pre Tax Income Margin	1.08%	3.39%	4.37%	-23.15%	8.25%	4.06%	10.95%	52.86%	-12.28%	87.66%	5.52%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	1.09	1.30	1.30	-0.58	1.56	1.51	1.76	4.41	0.24	6.90	1.42
NOPAT to Interest Expense	1.02	1.21	1.28	-0.50	1.42	1.54	1.63	4.39	0.17	6.90	1.29
EBIT Less CapEx to Interest Expense	2.87	1.88	1.36	0.48	1.64	1.67	-0.62	11.54	1.19	18.83	0.88
NOPAT Less CapEx to Interest Expense	2.80	1.80	1.33	0.56	1.50	1.71	-0.74	11.52	1.12	18.82	0.76
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	541.45%	447.87%	383.76%	-906.25%	-2,296.42%	5,125.16%	1,627.58%	134.35%	169.25%	79.58%	93.68%
Augmented Payout Ratio	545.97%	451.04%	392.93%	-927.68%	-2,385.58%	5,575.77%	1,744.25%	145.40%	181.18%	81.42%	95.73%

Financials Breakdown Chart

Key Financial Trends

Kite Realty Group Trust (NYSE: KRG) has a multi-year track of steady operating cash flow and relatively stable asset levels, with notable quarterly swings in profitability driven by non-cash items, asset sales, and debt activity. Below is a concise, data-driven trend summary drawn from the last four years of quarterly statements (Q1 2023 through Q4 2025), focused on cash flow, income, and balance-sheet trends for retail investors.

Operating cash flow from continuing activities has remained positive in every quarter of 2025, signaling ongoing cash generation. Notable quarterly levels include approximately $74.1M (Q1 2025), $132.8M (Q2 2025), $116.2M (Q3 2025), and $106.6M (Q4 2025).
Net income attributable to common shareholders surged in Q4 2025 to about $180.8M, reversing lower quarterly profitability seen in earlier 2025 quarters (Q1–Q3 2025 were largely well below that level).
The company maintains a stable quarterly dividend of $0.27 per share, providing predictable income to investors across 2025 (cash dividends per share shown as 0.27 in 2025 quarters).
Operating revenue has been broadly stable in the 200–214 million range across periods, with Q4 2025 revenue at about $204.2M and other quarters hovering around the low-to-mid $200M range.
The balance sheet shows Total assets generally in the mid-to-high billions (roughly $6.6–$6.9B in 2025), with Total equity around $3.1–$3.3B and Long-Term Debt near $2.9–$3.0B, indicating a relatively balanced leverage profile.
Cash balances fluctuate meaningfully by quarter (roughly $60–$180M), reflecting timing of asset sales, capital expenditures, and financing activity, but liquidity has remained present to support operations and distributions.
Earnings per share have shown volatility; Q3 2025 reported a negative quarterly EPS around -0.07, while Q4 2025 rebounded to roughly 0.83 (illustrating significant quarterly variability likely driven by non-operating items and one-time effects).
Financing activities have generally consumed cash in several quarters (for example, large negative cash-flow figures in 2025 quarters), reflecting debt service and distributions that reduce cash on hand.
Long-Term Debt remains elevated (around $3.0B across 2024–2025), and fluctuations in refinancing needs and interest costs could present ongoing refinancing risk if rates rise or liquidity conditions tighten.

Bottom line: Kite Realty Group Trust demonstrates solid, ongoing cash generation from operations and a track record of stable asset levels, with dividend payments-supported by earnings in most quarters. The primary near-term considerations for investors are earnings volatility on a quarterly basis (including a notable Q4 2025 improvement), ongoing debt levels, and financing activity that has generally absorbed cash in several periods. As always, consider these trends in the context of your own portfolio goals and risk tolerance.

05/05/26 05:01 PM ETAI Generated. May Contain Errors.

Frequently Asked Questions About Kite Realty Group Trust's Financials

When does Kite Realty Group Trust's financial year end?

According to the most recent income statement we have on file, Kite Realty Group Trust's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

How has Kite Realty Group Trust's net income changed over the last 10 years?

Kite Realty Group Trust's net income appears to be on an upward trend, with a most recent value of $305.53 million in 2025, falling from -$3.54 million in 2013. The previous period was $4.42 million in 2024. See where experts think Kite Realty Group Trust is headed by visiting Kite Realty Group Trust's forecast page.

What is Kite Realty Group Trust's operating income?

Kite Realty Group Trust's total operating income in 2025 was $435.09 million, based on the following breakdown:

Total Gross Profit: $844.37 million
Total Operating Expenses: $409.28 million

How has Kite Realty Group Trust's revenue changed over the last 10 years?

Over the last 10 years, Kite Realty Group Trust's total revenue changed from $129.49 million in 2013 to $844.37 million in 2025, a change of 552.1%.

How much debt does Kite Realty Group Trust have?

Kite Realty Group Trust's total liabilities were at $3.47 billion at the end of 2025, a 5.6% decrease from 2024, and a 79.2% increase since 2015.

How much cash does Kite Realty Group Trust have?

In the past 10 years, Kite Realty Group Trust's cash and equivalents has ranged from $19.87 million in 2016 to $128.06 million in 2024, and is currently $36.76 million as of their latest financial filing in 2025.

How has Kite Realty Group Trust's book value per share changed over the last 10 years?

Over the last 10 years, Kite Realty Group Trust's book value per share changed from 20.71 in 2015 to 14.20 in 2025, a change of -31.5%.

Related Companies

Financial statements for NYSE:KRG last updated on 5/3/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Kite Realty Group Trust (KRG) Financials

Financials Breakdown Chart

Key Financial Trends

Frequently Asked Questions About Kite Realty Group Trust's Financials

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Kite Realty Group Trust (KRG) Financials

Annual Income Statements for Kite Realty Group Trust

Quarterly Income Statements for Kite Realty Group Trust

Annual Cash Flow Statements for Kite Realty Group Trust

Quarterly Cash Flow Statements for Kite Realty Group Trust

Annual Balance Sheets for Kite Realty Group Trust

Quarterly Balance Sheets for Kite Realty Group Trust

Annual Metrics And Ratios for Kite Realty Group Trust

Quarterly Metrics And Ratios for Kite Realty Group Trust

Financials Breakdown Chart

Key Financial Trends

Frequently Asked Questions About Kite Realty Group Trust's Financials

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools