CTO Realty Growth, Inc. (CTO) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 3, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q1 FY2026, filed Apr 28, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the CTO SEC filings page.
CTO Realty Growth, Inc. (CTO) reported $154.9M in revenue over the twelve months to Mar 31, 2026, up 17.2% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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).
CTO is expanding its asset base, but interest and capital needs absorb much of the operating improvement before it reaches earnings.
FY2025 paired a 22.8% operating margin with only a 1.7% net margin, showing that financing costs and depreciation consume much of the operating result. That spread, alongside 1.1x debt-to-equity, indicates the asset base is financed with meaningful leverage, so operating gains do not flow proportionally to shareholders.
Revenue increased by
Operating cash flow was
Financial Health Signals
Scored against REITs for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of CTO Realty Growth, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
FFO Margin measures funds from operations against revenue, and funds from operations is net income with property depreciation added back, since a building written down a little further every year on paper is often worth more rather than less. CTO Realty Growth, Inc. scores 68/100 on it among other REITs.
FFO Growth follows the three-year path of funds from operations, which is net income with property depreciation added back. CTO Realty Growth, Inc. scores 75/100 on it among other REITs.
CTO Realty Growth, Inc.'s net debt of $609.9M, being $616.3M of long-term debt less $6.5M of cash, came to 6.49 times its EBITDA in fiscal year 2025. REITs are ranked here on that debt against their EBITDA, where a lower multiple is the safer one, and CTO Realty Growth, Inc. scores 32/100 among other REITs.
CTO Realty Growth, Inc.'s operating income of $34.0M covered its interest expense of $26.9M 1.26 times over in fiscal year 2025. The interest coverage axis ranks REITs on operating income against interest owed, and CTO Realty Growth, Inc. scores 46/100 among other REITs.
AFFO Margin takes funds from operations, subtracts the spending a REIT needs just to keep its properties in working order, and measures what is left against revenue. CTO Realty Growth, Inc. scores 71/100 on it among other REITs.
Dividend coverage measures funds from operations against the dividends actually paid, and a figure above 1 means the payout came out of operations. CTO Realty Growth, Inc. scores 39/100 on it among other REITs.
CTO Realty Growth, Inc. passes 6 of 8 computable financial strength tests (1 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
CTO Realty Growth, Inc. reported $2.6M of net income while generating $64.6M in operating cash flow. The ratio between the two is outside the range this page publishes as a per-dollar figure, so both figures are given instead.
CTO Realty Growth, Inc. earns $1.26 in operating income for every $1 of interest expense ($34.0M vs $26.9M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
CTO Realty Growth, Inc. generated $41.2M in revenue in Q1 2026. This represents an increase of 15.0% from the same quarter a year earlier. Against the prior quarter it is up 7.4%.
CTO Realty Growth, Inc.'s EBITDA was $26.2M in Q1 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 18.0% from the same quarter a year earlier. Against the prior quarter it is down 40.6%.
CTO Realty Growth, Inc. reported $6.2M in net income in Q1 2026. This represents an increase of 174.4% from the same quarter a year earlier. Against the prior quarter it is down 70.2%.
CTO Realty Growth, Inc. earned $0.13 per diluted share (EPS) in Q1 2026.
Cash & Balance Sheet
CTO Realty Growth, Inc. held $8.3M in cash against $649.5M in long-term debt as of Q1 2026.
Not reported for Q1 2026.
Not reported for Q1 2026.
Margins & Returns
CTO Realty Growth, Inc.'s gross margin was 75.3% in Q1 2026, indicating the percentage of revenue retained after direct costs. This is up 0.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.3 percentage points.
CTO Realty Growth, Inc.'s operating margin was 25.0% in Q1 2026, reflecting core business profitability. This is up 3.0 percentage points from the same quarter a year earlier. Against the prior quarter it is down 50.1 percentage points.
CTO Realty Growth, Inc.'s net profit margin was 15.1% in Q1 2026, showing the share of revenue converted to profit. This is up 8.8 percentage points from the same quarter a year earlier. Against the prior quarter it is down 39.2 percentage points.
CTO Realty Growth, Inc.'s ROE was 1.1% in Q1 2026, measuring profit generated per dollar of shareholder equity. This is up 0.7 percentage points from the same quarter a year earlier. Against the prior quarter it is down 2.6 percentage points.
Capital Allocation
None of these metrics is reported for Q1 2026.
CTO Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $41.2M+15.0% | $38.3M+7.3% | $37.8M+18.7% | $37.6M+30.5% | $35.8M+27.3% | $35.7M+19.6% | $31.8M+11.7% | $28.8M+10.7% |
| Cost of Revenue | $10.2M+14.4% | $9.6M+4.6% | $9.3M+13.7% | $10.2M+22.1% | $8.9M+17.4% | $9.2M+8.7% | $8.2M+13.1% | $8.3M+14.1% |
| Gross Profit | $31.0M+15.2% | $28.8M+8.2% | $28.5M+20.4% | $27.5M+33.9% | $26.9M+31.0% | $26.6M+23.9% | $23.6M+11.2% | $20.5M+9.4% |
| SG&A Expenses | $5.1M+8.4% | $4.6M+2.1% | $4.8M+17.3% | $4.4M+28.6% | $4.7M+11.1% | $4.5M+20.3% | $4.1M+18.5% | $3.5M+4.0% |
| Operating Income | $10.3M+30.7% | $28.8M+494.3% | $10.0M+102.1% | -$12.7M-333.4% | $7.9M-45.8% | -$7.3M-171.7% | $5.0M-35.5% | $5.4M-4.4% |
| EBITDA | $26.2M+18.0% | $44.2M+100.6% | $25.0M+37.3% | $2.6M-84.6% | $22.2M-12.6% | $22.0M+2.3% | $18.2M-6.1% | $17.0M+2.8% |
| Interest Expense | $7.3M+18.5% | $7.1M+23.3% | $6.8M+21.3% | $6.9M+22.4% | $6.1M+11.0% | $5.8M-7.1% | $5.6M-10.9% | $5.6M+7.5% |
| Income Tax | $60K+17.6% | $143K+132.7% | $58K-56.1% | $194K+165.8% | $51K+147.7% | -$437K-290.8% | $132K+197.8% | $73K-84.9% |
| Net Income | $6.2M+174.4% | $20.8M+194.5% | $2.9M-53.2% | -$23.4M-2079.5% | $2.3M-61.3% | -$22.0M-1072.7% | $6.2M+131.8% | $1.2M-34.3% |
| EPS (Basic) | $0.13+1200.0% | $0.82+217.1% | $0.03-82.4% | -$0.77-2466.7% | $0.01-95.2% | -$0.70-369.2% | $0.17+142.9% | -$0.03-200.0% |
| EPS (Diluted) | $0.13 | $0.82+217.1% | $0.03 | -$0.77-2466.7% | $0.01 | -$0.70 | $0.17+142.9% | -$0.03-200.0% |
| Diluted Shares (Avg) | 33M | N/A | 33M | 33M+43.4% | 32M | N/A | 26M+13.5% | 23M+1.5% |
Not reported in any period shown, so not listed: R&D Expenses.
CTO Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.3B+4.5% | $1.3B+7.0% | $1.2B+3.9% | $1.2B+22.1% | $1.2B+19.5% | $1.2B+19.4% | $1.2B+10.3% | $1.0B-4.9% |
| Cash & Equivalents | $8.3M-1.7% | $6.5M-28.3% | $9.3M+13.6% | $8.6M+78.4% | $8.4M+24.7% | $9.0M-11.7% | $8.2M+16.5% | $4.8M-34.4% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $724.3M+11.4% | $696.6M+22.5% | $665.1M+14.6% | $659.2M+27.3% | $650.0M+12.3% | $568.8M+6.9% | $580.3M-1.4% | $518.0M-11.1% |
| Long-Term Debt | $649.5M+7.9% | $616.3M+18.8% | $604.2M+14.7% | $605.4M+25.4% | $602.2M+11.1% | $519.0M+4.8% | $526.8M-3.9% | $482.7M-10.9% |
| Total Equity | $575.4M-3.1% | $567.3M-7.4% | $557.3M-6.5% | $574.1M+16.7% | $593.9M+28.5% | $612.8M+33.9% | $595.8M+24.6% | $491.8M+2.8% |
| Retained Earnings | $176.4M-19.9% | $184.9M-20.3% | $170.8M-34.6% | $182.4M-32.0% | $220.3M-20.7% | $232.1M-17.7% | $261.4M-8.2% | $268.3M-8.1% |
Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Goodwill, Current Liabilities, Non-Current Liabilities.
CTO Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $14.6M+41.6% | $6.9M-51.1% | $25.5M+20.3% | $21.9M+70.2% | $10.3M-12.3% | $14.0M+120.3% | $21.2M+42.0% | $12.9M-17.9% |
| Depreciation & Amortization | $16.0M+11.1% | $15.4M-47.4% | $14.9M+12.9% | $15.3M+32.4% | $14.4M+31.4% | $29.3M+158.4% | $13.2M+13.3% | $11.5M+6.6% |
| Stock-Based Compensation | $1.4M+9.6% | N/A | $936K+24.8% | $1.0M+33.7% | $1.3M-7.5% | N/A | $750K-13.6% | $750K-13.0% |
| Investing Cash Flow | -$68.7M+14.9% | $23.8M+237.3% | -$6.9M+96.1% | -$7.8M-169.3% | -$80.7M-55.2% | -$17.3M-137.8% | -$174.6M-2242.0% | $11.2M+113.9% |
| Financing Cash Flow | $31.8M-53.5% | -$7.1M-165.9% | -$19.9M-112.7% | -$10.7M+67.4% | $68.4M+83.7% | $10.8M+116.9% | $157.1M+4577.3% | -$32.8M-149.2% |
| Dividends Paid | $12.6M+4.6% | $12.2M+2.4% | $12.4M+12.3% | $12.4M+42.7% | $12.0M+39.6% | $11.9M+40.1% | $11.0M+29.1% | $8.7M+1.9% |
| Share Buybacks | N/A | $5.0M | $4.3M | N/A | N/A | $0-100.0% | $0-100.0% | $0-100.0% |
Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow.
CTO Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 75.3%+0.1pp | 75.0%+0.6pp | 75.4%+1.1pp | 73.0%+1.9pp | 75.2%+2.1pp | 74.4%+2.6pp | 74.4%-0.3pp | 71.1%-0.9pp |
| Operating Margin | 25.0%+3.0pp | 75.1%+95.5pp | 26.6%+11.0pp | -33.7%-52.5pp | 22.0%-29.6pp | -20.4%-54.5pp | 15.6%-11.4pp | 18.8%-3.0pp |
| Net Margin | 15.1%+8.8pp | 54.3%+116.0pp | 7.7%-11.9pp | -62.2%-66.3pp | 6.3%-14.5pp | -61.6%-69.2pp | 19.6%+10.2pp | 4.1%-2.8pp |
| Return on Equity | 1.1%+0.7pp | 3.7%+7.3pp | 0.5%-0.5pp | -4.1%-4.3pp | 0.4%-0.9pp | -3.6%-4.1pp | 1.1%+0.5pp | 0.2%-0.1pp |
| Return on Assets | 0.5%+0.3pp | 1.7%+3.5pp | 0.2%-0.3pp | -1.9%-2.0pp | 0.2%-0.4pp | -1.9%-2.1pp | 0.5%+0.3pp | 0.1%-0.1pp |
| Debt-to-Equity | 1.13+0.1x | 1.09+0.2x | 1.08+0.2x | 1.05+0.1x | 1.01-0.2x | 0.85-0.2x | 0.88-0.3x | 0.98-0.2x |
| Asset Turnover | 0.030.0x | 0.030.0x | 0.030.0x | 0.030.0x | 0.030.0x | 0.030.0x | 0.030.0x | 0.030.0x |
Not reported in any period shown, so not listed: Current Ratio, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| CTO Realty Growth, Inc. CTO | FY2025 | $149.5M | $2.6M | 1.7% | $770.0M | 55/100 |
| One Liberty Properties, Inc. OLP | FY2025 | N/A | $25.5M | N/A | $482.5M | — |
| Gladstone Commercial Corporation - REIT GOOD | FY2025 | $161.3M | $19.3M | 11.9% | $626.4M | 43/100 |
| Armada Hoffler Properties, Inc. AHH | FY2026 | $209.9M | $3.9M | 1.9% | $501.0M | 48/100 |
| Safehold Inc. SAFE | FY2025 | $385.6M | $114.5M | 29.7% | $854.0M | 45/100 |
| Global Net Lease, Inc. GNL | FY2025 | $495.3M | -$225.5M | -45.5% | $1.9B | 13/100 |
Where CTO Realty Growth, Inc. Ranks
Frequently Asked Questions
What is CTO Realty Growth, Inc.'s annual revenue?
CTO Realty Growth, Inc. (CTO) reported $149.5M in total revenue for fiscal year 2025. This represents a 20.1% 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 CTO Realty Growth, Inc.'s revenue growing?
CTO Realty Growth, Inc. (CTO) revenue grew by 20.1% year-over-year, from $124.5M to $149.5M in fiscal year 2025.
Is CTO Realty Growth, Inc. profitable?
Yes, CTO Realty Growth, Inc. (CTO) reported a net income of $2.6M in fiscal year 2025, with a net profit margin of 1.7%.
What is CTO Realty Growth, Inc.'s EBITDA?
CTO Realty Growth, Inc. (CTO) had EBITDA of $94.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does CTO Realty Growth, Inc. have?
As of fiscal year 2025, CTO Realty Growth, Inc. (CTO) had $6.5M in cash and equivalents against $616.3M in long-term debt.
What is CTO Realty Growth, Inc.'s gross margin?
CTO Realty Growth, Inc. (CTO) had a gross margin of 74.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is CTO Realty Growth, Inc.'s operating margin?
CTO Realty Growth, Inc. (CTO) had an operating margin of 22.8% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is CTO Realty Growth, Inc.'s net profit margin?
CTO Realty Growth, Inc. (CTO) had a net profit margin of 1.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is CTO Realty Growth, Inc.'s return on equity (ROE)?
CTO Realty Growth, Inc. (CTO) has a return on equity of 0.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is CTO Realty Growth, Inc.'s operating cash flow?
CTO Realty Growth, Inc. (CTO) generated $64.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are CTO Realty Growth, Inc.'s total assets?
CTO Realty Growth, Inc. (CTO) had $1.3B in total assets as of fiscal year 2025, including both current and long-term assets.
What is CTO Realty Growth, Inc.'s debt-to-equity ratio?
CTO Realty Growth, Inc. (CTO) had a debt-to-equity ratio of 1.09 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is CTO Realty Growth, Inc.'s return on assets (ROA)?
CTO Realty Growth, Inc. (CTO) had a return on assets of 0.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is CTO Realty Growth, Inc.'s P/E ratio?
CTO Realty Growth, Inc. (CTO) trades at 118x earnings, its market capitalization divided by net income of $6.5M net income, trailing 12 months to March 31, 2026. The market capitalization is $770.0M as of Oct 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is CTO Realty Growth, Inc.'s price-to-sales ratio?
CTO Realty Growth, Inc. (CTO) trades at 5.0x sales, its market capitalization divided by revenue of $154.9M revenue, trailing 12 months to March 31, 2026. The market capitalization is $770.0M as of Oct 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is CTO Realty Growth, Inc.'s Piotroski F-Score?
CTO Realty Growth, Inc. (CTO) has a Piotroski F-Score of 6 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are CTO Realty Growth, Inc.'s earnings high quality?
CTO Realty Growth, Inc. (CTO) reported $2.6M of net income while generating $64.6M in operating cash flow. The ratio between the two is outside the range this page publishes as a per-dollar figure, so both figures are given instead. 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.
Can CTO Realty Growth, Inc. cover its interest payments?
CTO Realty Growth, Inc. (CTO) has an interest coverage ratio of 1.26x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is CTO Realty Growth, Inc.?
CTO Realty Growth, Inc. (CTO) scores 55 out of 100 on our Financial Health Score, indicating moderate standing within its REITs peer group. The score is a 0-100 composite of six dimensions (FFO Margin, FFO Growth, Leverage, Interest Cov., AFFO Margin, Dividend Cov.), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.