Cbl & Associates Properties (CBL) EBITDA Margin (2009 - 2025)

Cbl & Associates Properties (CBL) reported EBITDA Margin of 32.44% for Q4 2025, up 248.0% on a YoY basis from 9.32% in Q4 2024, and up 51.5% quarter-over-quarter from 21.41% in Q3 2025.

Cbl & Associates Properties (CBL) EBITDA Margin (2009 - 2025) Analysis & Trends

Cbl & Associates Properties has reported EBITDA Margin for 10 years, with the latest figure at 32.44% in Q4 2025.

  • For the quarter ending Q4 2025, EBITDA Margin rose 248.0% year-over-year to 32.44%; the trailing twelve-month figure through Dec 2025 stood at 26.89% (down 68.0% YoY), and the FY2025 full-year result was 23.6%, down 184.0% from the prior year.
  • EBITDA Margin for Q4 2025 stood at 32.44%, up from 21.41% in the prior quarter.
  • The five-year high for EBITDA Margin was 32.44% in Q4 2025, with the low at 13.39% in Q3 2021.
  • Historically, EBITDA Margin has averaged 17.97% across 5 years, with a median of 21.14% in 2025.
  • The largest YoY upside for EBITDA Margin was 2227 bps in 2022 against a maximum downside of 1994 bps in 2022.
  • Cbl & Associates Properties' EBITDA Margin stood at 16.39% in 2021, then retreated by 7 bps to 15.23% in 2022, then soared by 78 bps to 27.06% in 2023, then rose by 11 bps to 29.96% in 2024, then gained by 8 bps to 32.44% in 2025.
  • The last three EBITDA Margin figures came in at 32.44% (Q4 2025), 21.41% (Q3 2025), and 25.21% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Simon Property 69.18 Bn 69.56 Bn 1.76 Bn 49.72%
2 Realty Income 55.47 Bn 56.16 Bn - 22.21%
3 Kimco Realty 17.00 Bn 17.03 Bn 447.43 Mn 36.37%
4 Regency Centers 14.85 Bn 14.97 Bn - 71.86%
5 Federal Realty Investment Trust 10.68 Bn 10.75 Bn 265.49 Mn 39.40%
6 Agree Realty 8.92 Bn 8.90 Bn - 33.58%
7 Nnn Reit 8.68 Bn 8.68 Bn - 61.00%
8 Essential Properties Realty Trust 6.37 Bn 6.38 Bn - 56.45%
9 Macerich 6.30 Bn 6.10 Bn 158.29 Mn -49.58%
10 Cbl & Associates Properties 1.50 Bn 1.49 Bn - -

Historic Data

Download Data
DateValue
Dec 31, 2025 32.44%
Sep 30, 2025 21.41%
Jun 30, 2025 25.21%
Dec 31, 2024 29.96%
Sep 30, 2024 25.46%
Jun 30, 2024 25.48%
Dec 31, 2023 27.06%
Sep 30, 2023 20.87%
Jun 30, 2023 13.91%
Mar 31, 2023 9.23%
Dec 31, 2022 15.23%
Sep 30, 2022 8.88%
Jun 30, 2022 4.70%
Dec 31, 2021 16.39%
Sep 30, 2021 -13.39%
Jun 30, 2021 24.64%
Jun 30, 2013 30.08%
Mar 31, 2013 35.92%
Dec 31, 2012 34.50%
Sep 30, 2012 37.64%