CBL & Associates Properties Inc (CBL) Financial Statements
Industry: Real Estate Investment Trusts
In fiscal 2025, CBL & Associates Properties reported revenue of $578.4M, up 12.2% from $515.6M the year before. Net income was $136.0M (a 23.5% net margin), or $4.34 per diluted share. Gross margin was 23.6% and operating margin was 71.7%. Operating activities generated $249.7M of cash. At fiscal year end, CBL & Associates Properties held $2.73B in total assets against $2.36B in total liabilities, including $42.3M of cash and equivalents.
Open the full interactive CBL & Associates Properties financials → Quarterly statements, key ratios, valuation history and price charts.
CBL & Associates Properties Key Stats
| Share Price | $48.06 |
|---|---|
| Market Cap | $1.49B |
| P/E Ratio | 11.1 |
| Revenue YoY Growth | +12.2% |
| 52-Week Range | $27.41 – $59.36 |
| Shares Outstanding | 30.2 million (basic, 2026 Q2) |
CBL & Associates Properties Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $575.9M | $108.8M | $563.0M | $535.3M | $515.6M | $578.4M |
| Cost of Goods Sold | $686.7M | $91.0M | $516.0M | $439.6M | $384.1M | $441.8M |
| Gross Profit | -$110.8M | $17.8M | $47.0M | $95.7M | $131.4M | $136.6M |
| Operating Income | -$379.3M | $8.7M | -$276.6M | -$158.9M | $401.2M | $414.5M |
| Pre-Tax Income | -$298.0M | -$157.4M | -$90.4M | $7.4M | $60.0M | $136.4M |
| Income Tax | $16.8M | -$5.9M | $3.1M | $894,000 | $1.1M | $475,000 |
| Net Income | -$314.8M | -$151.5M | -$93.5M | $6.5M | $59.0M | $136.0M |
| Diluted EPS | -$1.75 | -$7.50 | -$3.20 | $0.17 | $1.87 | $4.34 |
CBL & Associates Properties Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $139.3M | $156.4M | $146.0M | $146.5M |
| Net Income | $75.4M | $49.0M | $46.5M | $46.4M |
| Diluted EPS | $2.38 | $1.59 | $1.48 | $1.47 |
CBL & Associates Properties Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $61.8M | $169.6M | $44.7M | $34.2M | $40.8M | $42.3M |
| Total Assets | $4.44B | $2.95B | $2.68B | $2.41B | $2.75B | $2.73B |
| Total Long-Term Debt | $3.62B | $1.81B | $2.00B | $1.89B | $2.21B | $2.17B |
| Total Liabilities | $3.91B | $2.55B | $2.31B | $2.08B | $2.43B | $2.36B |
| Shareholders' Equity | $531.8M | $396.2M | $370.5M | $339.3M | $323.5M | $374.9M |
CBL & Associates Properties Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $133.4M | $57.0M | $208.2M | $183.5M | $202.2M | $249.7M |
| Cash From Investing | -$280.4M | -$139.0M | -$156.7M | $1.7M | $65.0M | -$115.1M |
| Cash From Financing | $209.7M | -$12.1M | -$145.8M | -$204.1M | -$236.5M | -$135.4M |
Figures from CBL & Associates Properties' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full CBL & Associates Properties financials page for every line item.
CBL & Associates Properties Company Profile
| Ticker | CBL |
|---|---|
| Exchange | NYSE |
| Industry | Real Estate Investment Trusts |
| Headquarters | Chattanooga, Tennessee |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Accelerated filer |
| SEC CIK | 0000910612 |
Frequently Asked Questions
What was CBL & Associates Properties' revenue in fiscal 2025?
CBL & Associates Properties (CBL) reported revenue of $578.4M for fiscal 2025.
What is CBL & Associates Properties' annual revenue history?
CBL & Associates Properties' annual revenue by fiscal year: 2020: $575.9M; 2021: $108.8M; 2022: $563.0M; 2023: $535.3M; 2024: $515.6M; 2025: $578.4M.
What was CBL & Associates Properties' net income in fiscal 2025?
CBL & Associates Properties reported net income of $136.0M for fiscal 2025.
What was CBL & Associates Properties' earnings per share (EPS) in fiscal 2025?
CBL & Associates Properties' diluted EPS was $4.34 for fiscal 2025 (adjusted for any later stock splits).
What was CBL & Associates Properties' revenue last quarter?
In its most recent reported quarter (2026 Q2), CBL & Associates Properties reported revenue of $146.5M.
How much debt does CBL & Associates Properties have?
CBL & Associates Properties reported $2.17B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of CBL & Associates Properties are outstanding?
CBL & Associates Properties reported a weighted average of 30.2 million basic shares outstanding in 2026 Q2.
What is CBL & Associates Properties' market cap?
Based on its latest closing price, CBL & Associates Properties (CBL) has a market capitalization of about $1.49B.
When does CBL & Associates Properties' fiscal year end?
CBL & Associates Properties' fiscal year end, as registered with the SEC, is December 31.
Where is CBL & Associates Properties headquartered?
CBL & Associates Properties lists its business address in Chattanooga, Tennessee in its SEC filings.