KIMKIMCO REALTY CORP
Real Estate Investment Trusts
- Revenue
- $2.1B
- 5.1% YoY
- Operating margin
- 36.0%
- 17% YoY
- EBITDA
- $1.4B
- 13% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 5.0×
- $7.0B net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear202% of net incomeCash flow under 80% of net income
- Dilutive SBCClear2% of revenueOver 10% of revenue
- Payouts exceed cash flowClear74% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear—Over 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $15M | $17M | $1.8B | $2.0B | $2.1B | 5.1% |
| Operating income | $424M | $565M | $639M | $629M | $771M | 23% |
| Net income | $819M | $101M | $629M | $376M | $554M | 48% |
| Operating cash flow | $619M | $861M | $1.1B | $1.0B | $1.1B | 11% |
| Capex | — | — | — | — | $18M | |
| Stock-based comp | $23M | $27M | $33M | $35M | $33M | 4.8% |
| Buybacks | — | — | $0 | $0 | $120M | |
| Dividends | $382M | $545M | $657M | $683M | $712M | 4.2% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | $12M | $10M | 167 | 176 |
| FY2024 | $11M | $18M | 184 | 184 |
| FY2023 | $14M | $15M | 160 | 158 |
| FY2022 | $12M | $11M | 151 | 142 |
| FY2021 | $10M | $23M | 169 | 164 |