Analysis for KIM

📈 Growth & Financial Trajectory

Eight quarters show Revenues moving from about $525.4M to $550.8M, up roughly 4.8%, while Net Income starts near $168.0M and ends around $154.0M, with peaks near $168.0M and a trough around $138.4M (2025 Q3). Revenue growth is modest; earnings exhibit quarterly volatility but cash flow remains solid.

💰 Margins & Cash Flow

Net Margin generally in the 27%–32% range. Operating cash flow is consistently positive, typically in the $210M–$306M quarterly band; investing cash flows are occasionally negative (e.g., around -$226.7M in 2024 Q4), reflecting capex/portfolio activity. This supports a stable near-term liquidity profile.

🛡️ Balance Sheet & Liquidity

Total Assets around $20.0B; Equity around $10.4–$10.7B; Long-term Debt about $7.6–$7.9B. Current Assets near $20.0B and Current Liabilities about $9.6–$10.7B, yielding a robust working capital cushion (~$10.4B). Leverage is moderate and liquidity remains ample.

⚠️ Key Drivers & Risks

• Drivers: Retail portfolio demand and leasing velocity; stable rent collection.
• Risks: Interest rate sensitivity and cyclicality; occupancy/tenant concentration with quarterly earnings variability.