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KITE REALTY GROUP TRUST (KRG)

Income Statement Business | Product

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14
   10-K10-K10-K10-K10-K10-K10-K10-K
Total revenues   [+]373.3266.6315.2354.2358.8354.1347.0259.5
            Revenue growth  40.0%-15.4%-11.0%-1.3%1.3%2.1%33.7%100.4%
Cost of goods sold   [+]49.535.938.892.792.890.890.968.7
Gross profit  323.8230.8276.4261.5266.0263.4256.1190.9
            Gross margin  86.7%86.5%87.7%73.8%74.1%74.4%73.8%73.5%
Selling, general and administrative   [+]34.030.828.221.321.720.618.713.0
Equity in earnings  -0.4-1.7-0.6-0.3    
Other operating expenses  -6.931.5-32.4-6.8-15.2-4.3-4.8 
EBITDA   [+]298.9168.8282.7250.6261.9426.1245.5180.7
            EBITDA margin  80.1%63.3%89.7%70.8%73.0%120.3%70.7%69.6%
Depreciation and amortization  203.1130.8134.9156.1174.6179.1170.5123.9
EBIT   [+]95.838.1147.894.587.3247.074.956.8
            EBIT margin  25.7%14.3%46.9%26.7%24.3%69.8%21.6%21.9%
Non-recurring items   [+]117.74.776.773.87.4177.33.127.5
Interest expense  60.450.459.366.865.765.656.445.5
Other income (expense), net   [+]1.01.6-11.6-0.2-0.2-1.813.8-0.3
Pre-tax income  -81.4-15.40.3-46.214.02.329.1-16.5
Income taxes  0.30.70.30.20.1-0.8-0.20.0
            Tax rate    100.7% 0.7%  0.1%
Minority interest  -0.90.10.50.12.01.92.21.0
Earnings from continuing ops  -80.8-16.2-0.5-46.611.91.215.4-17.4
Earnings from discontinued ops         3.2
Net income  -80.8-16.2-0.5-46.611.91.215.4-14.2
            Net margin  -21.6%-6.1%-0.2%-13.1%3.3%0.3%4.5%-5.5%
   
Basic EPS   [+]($0.73)($0.19)($0.01)($0.56)$0.14$0.01$0.19($0.30)
Diluted EPS   [+]($0.73)($0.19)($0.01)($0.56)$0.14$0.01$0.18($0.30)
   
Dividends per share   [+]$0.68$0.45$1.27$1.27$1.23$1.17$1.09$1.02
   
Shares outstanding (basic)   [+]110.684.183.983.783.683.483.458.4
Shares outstanding (diluted)   [+]110.684.183.983.783.783.583.558.4
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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