What is Cbl & Assoc Pptys Inc's earnings per share (EPS)?

Cbl & Assoc Pptys Inc (CBL) reported diluted earnings per share of $4.34 for fiscal year 2025. This represents a 132.1% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Cbl & Assoc Pptys Inc Financials

CBL

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Cbl & Assoc Pptys Inc (CBL) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Piotroski F-Score Strong

7/9

Cbl & Assoc Pptys Inc passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

1.84x

For every $1 of reported earnings, Cbl & Assoc Pptys Inc generates $1.84 in operating cash flow ($249.7M OCF vs $136.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$578.4M

YoY+12.2%

5Y CAGR-5.5%

10Y CAGR-5.9%

Cbl & Assoc Pptys Inc generated $578.4M in revenue in fiscal year 2025. This represents an increase of 12.2% from the prior year.

EBITDA

N/A

Net Income

$136.0M

YoY+130.6%

10Y CAGR-4.7%

Cbl & Assoc Pptys Inc reported $136.0M in net income in fiscal year 2025. This represents an increase of 130.6% from the prior year.

EPS (Diluted)

$4.34

YoY+132.1%

Cbl & Assoc Pptys Inc earned $4.34 per diluted share (EPS) in fiscal year 2025. This represents an increase of 132.1% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$42.3M

YoY+3.7%

5Y CAGR+5.2%

10Y CAGR+1.1%

Cbl & Assoc Pptys Inc held $42.3M in cash against $2.2B in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

30M

YoY-1.3%

Cbl & Assoc Pptys Inc had 30M shares outstanding in fiscal year 2025. This represents a decrease of 1.3% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

23.5%

YoY+12.1pp

5Y CAGR+37.7pp

10Y CAGR+2.8pp

Cbl & Assoc Pptys Inc's net profit margin was 23.5% in fiscal year 2025, showing the share of revenue converted to profit. This is up 12.1 percentage points from the prior year.

Return on Equity

36.3%

YoY+18.0pp

5Y CAGR+49.7pp

10Y CAGR+20.7pp

Cbl & Assoc Pptys Inc's ROE was 36.3% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 18.0 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

$18.1M

YoY-50.5%

Cbl & Assoc Pptys Inc spent $18.1M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 50.5% from the prior year.

Capital Expenditures

N/A

CBL Income Statement

Metric	FY25	FY24	FY23	FY22	FY20	FY19
Revenue	$578.4M+12.2%	$515.6M-3.7%	$535.3M-4.9%	$563.0M-2.2%	$575.9M-25.1%	$768.7M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$69.0M+2.7%	$67.3M+5.0%	$64.1M-4.7%	$67.2M+25.8%	$53.4M-16.8%	$64.2M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$176.0M+13.9%	$154.5M-10.7%	$172.9M-20.4%	$217.3M+8.3%	$200.7M-2.7%	$206.3M
Income Tax	$475K-55.0%	$1.1M+18.0%	$894K-71.0%	$3.1M-81.7%	$16.8M+434.0%	$3.2M
Net Income	$136.0M+130.6%	$59.0M+800.9%	$6.5M+107.0%	-$93.5M+68.3%	-$295.1M-171.3%	-$108.8M
EPS (Diluted)	$4.34+132.1%	$1.87+1000.0%	$0.17+105.3%	$-3.20	$-1.75	N/A

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Revenue	$156.4M+12.3%	$139.3M-1.2%	$140.9M-0.6%	$141.8M+7.7%	$131.7M+5.3%	$125.1M-3.5%	$129.7M+0.4%	$129.1M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$15.4M-13.7%	$17.8M+17.1%	$15.2M-26.7%	$20.7M+24.7%	$16.6M+7.8%	$15.4M+3.9%	$14.8M-27.3%	$20.4M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$43.0M-4.0%	$44.8M+1.9%	$44.0M-0.6%	$44.2M+21.4%	$36.4M-6.3%	$38.8M-1.4%	$39.4M-1.0%	$39.8M
Income Tax	$529K+1002.1%	$48K-87.0%	$369K+178.3%	-$471K-336.7%	$199K-45.3%	$364K-44.0%	$650K+511.4%	-$158K
Net Income	$49.0M-35.0%	$75.4M+2633.9%	$2.8M-68.6%	$8.8M-76.9%	$38.0M+134.5%	$16.2M+241.4%	$4.7M+9388.0%	$50K
EPS (Diluted)	N/A	$2.38+2875.0%	$0.08-70.4%	$0.27	N/A	$0.52+271.4%	$0.14+1500.0%	$-0.01

CBL Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY20	FY19
Total Assets	$2.7B-0.7%	$2.7B+14.2%	$2.4B-10.2%	$2.7B-39.7%	$4.4B-3.9%	$4.6B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$42.3M+3.7%	$40.8M+19.3%	$34.2M-23.5%	$44.7M-27.6%	$61.8M+88.3%	$32.8M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$46.5M+2.0%	$45.6M+5.0%	$43.4M+6.9%	$40.6M-60.8%	$103.7M+37.7%	$75.3M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$2.4B-2.9%	$2.4B+17.3%	$2.1B-10.2%	$2.3B-40.9%	$3.9B+4.1%	$3.8B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$2.2B-1.9%	$2.2B+17.1%	$1.9B-5.6%	$2.0B+68.8%	$1.2B-66.4%	$3.5B
Total Equity	$374.9M+15.9%	$323.5M-4.6%	$339.3M-8.4%	$370.5M-30.3%	$531.8M-34.0%	$806.3M
Retained Earnings	-$313.0M+15.8%	-$371.8M+2.3%	-$380.4M-12.2%	-$338.9M+76.7%	-$1.5B-25.4%	-$1.2B

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Total Assets	$2.7B0.0%	$2.7B+4.9%	$2.6B-0.8%	$2.6B-4.5%	$2.7B+22.2%	$2.2B-3.2%	$2.3B-0.9%	$2.3B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$42.3M-19.6%	$52.6M-47.6%	$100.3M0.0%	$100.3M+145.9%	$40.8M-37.4%	$65.1M+12.9%	$57.7M0.0%	$57.7M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$46.5M+23.8%	$37.6M+5.4%	$35.6M-5.9%	$37.9M-16.9%	$45.6M+14.4%	$39.8M+4.3%	$38.2M+1.7%	$37.6M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$2.4B-1.0%	$2.4B+2.7%	$2.3B-0.7%	$2.3B-3.8%	$2.4B+24.9%	$1.9B-3.6%	$2.0B-0.3%	$2.0B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$2.2B-0.5%	$2.2B+1.9%	$2.1B-0.5%	$2.2B-2.8%	$2.2B+24.6%	$1.8B-4.2%	$1.9B-0.4%	$1.9B
Total Equity	$374.9M+6.7%	$351.4M+21.4%	$289.4M-1.9%	$295.0M-8.8%	$323.5M+4.9%	$308.3M-0.1%	$308.8M-4.8%	$324.2M
Retained Earnings	-$313.0M+10.1%	-$348.2M+15.0%	-$409.8M-2.4%	-$400.2M-7.6%	-$371.8M+6.5%	-$397.5M+0.9%	-$401.2M-2.0%	-$393.3M

CBL Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY20	FY19
Operating Cash Flow	$249.7M+23.5%	$202.2M+10.2%	$183.5M-11.9%	$208.2M+56.1%	$133.4M-51.2%	$273.4M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$115.1M-277.1%	$65.0M+3721.6%	$1.7M+101.1%	-$156.7M+44.1%	-$280.4M-1240.5%	$24.6M
Financing Cash Flow	-$135.4M+42.7%	-$236.5M-15.9%	-$204.1M-40.0%	-$145.8M-169.5%	$209.7M+170.7%	-$296.4M
Dividends Paid	$77.1M+53.1%	$50.4M-57.4%	$118.1M+394.7%	$23.9M	N/A	$26.0M
Share Buybacks	$18.1M-50.5%	$36.5M+3187.5%	$1.1M	N/A	N/A	N/A

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Operating Cash Flow	$80.2M+15.2%	$69.6M+1.9%	$68.3M+115.5%	$31.7M-31.4%	$46.2M-24.3%	$61.1M-4.9%	$64.2M+108.9%	$30.7M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$41.4M+75.9%	-$171.8M-468.6%	$46.6M-9.4%	$51.4M+594.2%	$7.4M-83.4%	$44.7M+421.2%	-$13.9M-151.9%	$26.8M
Financing Cash Flow	-$47.8M-180.1%	$59.7M+278.1%	-$33.5M+70.5%	-$113.8M-175.7%	-$41.3M+60.9%	-$105.5M-190.6%	-$36.3M+31.9%	-$53.4M
Dividends Paid	$13.7M-1.1%	$13.9M+12.1%	$12.4M-66.7%	$37.1M+201.8%	$12.3M-1.7%	$12.5M-1.2%	$12.7M-1.5%	$12.9M
Share Buybacks	$13.9M	N/A	N/A	N/A	$12.5M+57.9%	$7.9M-27.7%	$11.0M+117.7%	$5.0M

CBL Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY20	FY19
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	23.5%+12.1pp	11.4%+10.2pp	1.2%+17.8pp	-16.6%+34.6pp	-51.2%-37.1pp	-14.1%
Return on Equity	36.3%+18.0pp	18.2%+16.3pp	1.9%+27.2pp	-25.2%+30.2pp	-55.5%-42.0pp	-13.5%
Return on Assets	5.0%+2.8pp	2.1%+1.9pp	0.3%+3.8pp	-3.5%+3.1pp	-6.6%-4.3pp	-2.4%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	5.79-1.0	6.84+1.3	5.57+0.2	5.40+3.2	2.23-2.1	4.37
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	31.3%-22.8pp	54.2%+52.2pp	2.0%-4.2pp	6.2%-22.6pp	28.8%+15.9pp	13.0%+9.3pp	3.7%+3.6pp	0.0%
Return on Equity	13.1%-8.4pp	21.5%+20.5pp	0.9%-2.0pp	3.0%-8.8pp	11.7%+6.5pp	5.3%+3.7pp	1.5%+1.5pp	0.0%
Return on Assets	1.8%-1.0pp	2.8%+2.6pp	0.1%-0.2pp	0.3%-1.0pp	1.4%+0.7pp	0.7%+0.5pp	0.2%+0.2pp	0.0%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	5.79-0.4	6.21-1.2	7.39+0.1	7.29+0.5	6.84+1.1	5.76-0.2	6.00+0.3	5.74
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

What is Cbl & Assoc Pptys Inc's annual revenue?

Cbl & Assoc Pptys Inc (CBL) reported $578.4M in total revenue for fiscal year 2025. This represents a 12.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Cbl & Assoc Pptys Inc's revenue growing?

Cbl & Assoc Pptys Inc (CBL) revenue grew by 12.2% year-over-year, from $515.6M to $578.4M in fiscal year 2025.

Is Cbl & Assoc Pptys Inc profitable?

Yes, Cbl & Assoc Pptys Inc (CBL) reported a net income of $136.0M in fiscal year 2025, with a net profit margin of 23.5%.

How much debt does Cbl & Assoc Pptys Inc have?

As of fiscal year 2025, Cbl & Assoc Pptys Inc (CBL) had $42.3M in cash and equivalents against $2.2B in long-term debt.

What is Cbl & Assoc Pptys Inc's net profit margin?

Cbl & Assoc Pptys Inc (CBL) had a net profit margin of 23.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Cbl & Assoc Pptys Inc's return on equity (ROE)?

Cbl & Assoc Pptys Inc (CBL) has a return on equity of 36.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Cbl & Assoc Pptys Inc's operating cash flow?

Cbl & Assoc Pptys Inc (CBL) generated $249.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Cbl & Assoc Pptys Inc's total assets?

Cbl & Assoc Pptys Inc (CBL) had $2.7B in total assets as of fiscal year 2025, including both current and long-term assets.

Does Cbl & Assoc Pptys Inc buy back shares?

Yes, Cbl & Assoc Pptys Inc (CBL) spent $18.1M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Cbl & Assoc Pptys Inc have outstanding?

Cbl & Assoc Pptys Inc (CBL) had 30M shares outstanding as of fiscal year 2025.

What is Cbl & Assoc Pptys Inc's debt-to-equity ratio?

Cbl & Assoc Pptys Inc (CBL) had a debt-to-equity ratio of 5.79 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Cbl & Assoc Pptys Inc's return on assets (ROA)?

Cbl & Assoc Pptys Inc (CBL) had a return on assets of 5.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Cbl & Assoc Pptys Inc's Piotroski F-Score?

Cbl & Assoc Pptys Inc (CBL) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Cbl & Assoc Pptys Inc's earnings high quality?

Cbl & Assoc Pptys Inc (CBL) has an earnings quality ratio of 1.84x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.