CTO Realty Growth (CTO) financial statements
CTO Realty Growth reported revenue of $150M in fiscal 2025, up 9.5% a year over 9 years.
Net income was $10M and the operating margin 22.7%, against 57.6% in 2016.
The diluted share count rose 89% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from CTO Realty Growth's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $66M | $39M | $44M | $45M | $56M | $70M | $82M | $109M | $125M | $150M |
| Cost of revenue | $20M | $8M | $9M | $7M | $15M | $22M | $23M | $30M | $33M | $38M |
| Gross profit | $46M | $30M | $35M | $38M | $41M | $48M | $59M | $79M | $91M | $112M |
| Selling, general and admin | $10M | $10M | $10M | $10M | $12M | $11M | $13M | $14M | $16M | $19M |
| Operating income | $38M | $8M | $31M | $34M | $12M | $23M | $11M | $27M | $18M | $34M |
| Interest expense | $9M | $9M | $10M | $12M | $11M | $9M | $11M | $22M | $23M | $27M |
| Pre-tax income | $29M | -$740,158 | $21M | $22M | -$5M | $27M | $328,000 | $6M | -$2M | $11M |
| Income tax | $12M | -$22M | $6M | $5M | -$83M | -$3M | -$3M | $604,000 | -$339,000 | $446,000 |
| Net income | $16M | $42M | $37M | $115M | $79M | $30M | $3M | $6M | -$2M | $10M |
| EPS (diluted) | $0.95 | $2.49 | $2.24 | $7.67 | $5.56 | $1.56 | -$0.09 | $0.03 | -$0.35 | $0.08 |
| Diluted shares | 17M | 17M | 17M | 15M | 14M | 18M | 19M | 23M | 25M | 32M |
| Gross margin | 69.3% | 78.4% | 79.9% | 84.2% | 73.0% | 68.1% | 72.2% | 72.3% | 73.3% | 74.6% |
| Operating margin | 57.6% | 20.0% | 71.9% | 76.1% | 21.8% | 33.2% | 13.0% | 24.3% | 14.1% | 22.7% |
| Net margin | 24.7% | 107.9% | 85.1% | 255.8% | 139.2% | 42.6% | 3.8% | 5.1% | -1.6% | 6.7% |
Balance sheet
Fiscal years, from CTO Realty Growth's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $7M | $6M | $2M | $6M | $4M | $9M | $19M | $10M | $9M | $6M |
| Property, plant and equipment | $268M | $343M | $369M | $371M | $442M | — | — | — | — | — |
| Total assets | $409M | $466M | $556M | $703M | $667M | $733M | $987M | $990M | $1.2B | $1.3B |
| Total liabilities | $260M | $282M | $345M | $418M | $316M | $303M | $482M | $532M | $569M | $697M |
| Shareholders' equity | $148M | $184M | $212M | $285M | $351M | $430M | $505M | $458M | $613M | $567M |
| Net debt | -$7M | -$6M | -$2M | $69M | $19M | -$9M | -$19M | -$10M | -$9M | -$6M |
Cash flow
Fiscal years, from CTO Realty Growth's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $14M | $58M | $48M | $16M | $17M | $28M | $56M | $46M | $60M | $65M |
| Capital spending | $93M | — | $114M | $188M | $196M | $257M | $385M | — | — | — |
| Free cash flow | -$78M | — | -$66M | -$171M | -$179M | -$229M | -$329M | — | — | — |
| Stock-based compensation | $3M | $1M | $2M | $3M | $3M | $3M | $3M | $4M | $4M | $4M |
| Dividends paid | $682,097 | $997,461 | $1M | $2M | $14M | $24M | $29M | $34M | $40M | $49M |
| Share buybacks (net) | -$7M | -$7M | -$10M | -$41M | -$4M | -$2M | -$3M | -$6M | -$664,000 | -$9M |
| Net borrowing | $21M | $28M | $50M | $38M | -$6M | $31M | $147M | $49M | $24M | $113M |
| Free cash flow margin | -118.8% | — | -151.0% | -380.8% | -317.7% | -326.3% | -399.7% | — | — | — |
| Dividends per share | $0.04 | $0.06 | $0.09 | $0.15 | $1.03 | $1.33 | $1.56 | $1.52 | $1.59 | $1.52 |
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What was CTO Realty Growth's revenue in 2025?
$150M in fiscal 2025, from its 10-K filing.
From CTO Realty Growth's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.