/
Unless the context suggests otherwise, references to we, us, our or the Company refer to Kite Realty Group Trust and our business and operations conducted through our directly or indirectly owned subsidiaries, including Kite Realty Group, L.P., our operating partnership (the Operating Partnership ). Overview Kite Realty Group Trust is a publicly held REIT that, through its majority-owned subsid…
16.95% operating margin is respectable but not wide. ROIC at 2.23%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue growth slowed to 0.8%, essentially flat. This is a business that needs a catalyst.
Net debt of $3.05B represents 11.0x FCF, leverage limits flexibility.
Profitability & Returns
Revenue (TTM)
$824M
▲ +0.8% YoY
Net Income (TTM)
$286M
▲ +7236.4% YoY
Op. Margin
15.99%
▲ +3.7pp YoY
ROIC
2.12%
▲ +0.5pp YoY
Cash Flow & Balance Sheet
FCF (FY)
$278M
▼ -0.3% YoY
Op. Cash Flow (TTM)
$405M
▲ +2.5% YoY
Net Debt
$3.02B
Cash & Equiv.
$33M
5Y CAGR: +25.9%
5Y CAGR: +37.1%
Continue Research