Cbl & Associates Properties (CBL) Operating Margin (2021 - 2025)

Cbl & Associates Properties' Operating Margin history spans 10 years, with the latest figure at 32.44% for Q4 2025.

  • For Q4 2025, Operating Margin rose 248.0% year-over-year to 32.44%; the TTM value through Dec 2025 reached 26.89%, down 68.0%, while the annual FY2025 figure was 23.6%, 184.0% down from the prior year.
  • Operating Margin reached 32.44% in Q4 2025 per CBL's latest filing, up from 21.41% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 32.44% in Q4 2025 to a low of 13.39% in Q3 2021.
  • Average Operating Margin over 5 years is 17.97%, with a median of 21.14% recorded in 2025.
  • The largest YoY upside for Operating Margin was 2227bps in 2022 against a maximum downside of -1994bps in 2022.
  • A 5-year view of Operating Margin shows it stood at 16.39% in 2021, then fell by -7bps to 15.23% in 2022, then surged by 78bps to 27.06% in 2023, then increased by 11bps to 29.96% in 2024, then rose by 8bps to 32.44% in 2025.
  • Per Business Quant, the three most recent readings for CBL's Operating Margin are 32.44% (Q4 2025), 21.41% (Q3 2025), and 25.21% (Q2 2025).