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TIAA REAL ESTATE ACCOUNT Add to portfolio


Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
Revenues1,251.71,194.81,192.61,103.51,083.21,059.61,009.0919.1
            Revenue growth4.8%0.2%8.1%1.9%2.2%5.0%9.8% 
Cost of goods sold203.7208.1209.2187.4178.9166.7158.7144.4
Gross profit1,048.0986.7983.4916.1904.3892.9850.3774.7
            Gross margin83.7%82.6%82.5%83.0%83.5%84.3%84.3%84.3%
Selling, general and administrative0.00.00.00.00.00.00.00.0
EBIT2,335.84,206.8-246.01,403.81,130.81,032.11,152.41,943.1
            EBIT margin186.6%352.1%-20.6%127.2%104.4%97.4%114.2%211.4%
Pre-tax income2,335.84,206.8-228.01,427.01,181.61,058.41,184.91,646.4
Income taxes0.00.00.00.00.00.00.00.0
            Tax rate0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Net income2,335.84,206.8-228.01,427.01,181.61,058.41,184.91,646.4
            Net margin186.6%352.1%-19.1%129.3%109.1%99.9%117.4%179.1%
 
 
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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