SITC (SITC) financial statements
SITC reported revenue of $124M in fiscal 2025, down 20.8% a year over 9 years.
Net income was $178M and the operating margin 80.1%, against 71.0% in 2016.
The diluted share count rose 15% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from SITC's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.0B | $922M | $707M | $508M | $460M | $533M | $479M | $453M | $277M | $124M |
| Selling, general and admin | $61M | $77M | $62M | $58M | $53M | $55M | $47M | $62M | $55M | $40M |
| Operating income | $714M | $658M | $499M | $368M | $322M | $456M | $397M | $385M | $230M | $99M |
| Interest expense | $218M | $189M | $141M | $85M | $78M | $76M | $78M | $82M | $59M | $15M |
| Pre-tax income | $63M | -$231M | $117M | $102M | $38M | $127M | $140M | $231M | $527M | $178M |
| Income tax | $2M | $12M | $862,000 | $659,000 | $1M | $2M | $816,000 | $2M | $761,000 | -$226,000 |
| Net income | $60M | -$242M | $114M | $101M | $36M | $125M | $169M | $266M | $532M | $178M |
| EPS (diluted) | $0.80 | -$5.92 | $1.72 | $1.32 | $0.32 | $2.04 | $2.94 | $4.85 | $9.77 | $3.36 |
| Diluted shares | 46M | 46M | 46M | 46M | 48M | 52M | 53M | 52M | 53M | 52M |
| Operating margin | 71.0% | 71.4% | 70.6% | 72.5% | 69.9% | 85.6% | 82.9% | 85.1% | 83.0% | 80.1% |
| Net margin | 6.0% | -26.2% | 16.2% | 19.8% | 7.8% | 23.4% | 35.2% | 58.7% | 191.7% | 143.8% |
Balance sheet
Fiscal years, from SITC's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $30M | $93M | $11M | $16M | $70M | $42M | $20M | $551M | $55M | $119M |
| Total assets | $8.2B | $7.2B | $4.2B | $4.1B | $4.1B | $4.0B | $4.0B | $4.1B | $934M | $419M |
| Total liabilities | $5.0B | $4.3B | $2.1B | $2.1B | $2.2B | $1.9B | $2.0B | $1.9B | $417M | $84M |
| Shareholders' equity | $3.2B | $2.9B | $2.1B | $2.0B | $1.9B | $2.0B | $2.1B | $2.2B | $517M | $335M |
| Net debt | -$30M | -$93M | -$11M | -$16M | -$70M | -$42M | -$20M | -$551M | -$55M | -$119M |
Cash flow
Fiscal years, from SITC's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $461M | $410M | $263M | $270M | $190M | $283M | $257M | $239M | $112M | $20M |
| Stock-based compensation | $8M | $11M | $7M | $10M | $9M | $14M | $7M | $8M | $7M | $1M |
| Dividends paid | $294M | $306M | $281M | $181M | $98M | $100M | $120M | $121M | $128M | $356M |
| Share buybacks (net) | $0 | $0 | -$36M | -$14M | -$8M | $0 | -$42M | -$27M | $0 | $0 |
| Net borrowing | -$195M | -$542M | -$1.0B | — | — | — | — | — | — | — |
| Dividends per share | $6.43 | $6.66 | $6.10 | $3.94 | $2.03 | $1.90 | $2.24 | $2.30 | $2.44 | $6.78 |
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What was SITC's revenue in 2025?
$124M in fiscal 2025, from its 10-K filing.
From SITC's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.