Skip to content
CBL & Associates Properties logo

CBL & Associates Properties

CBL

CBL & Associates Properties, Inc. is a self-managed and fully integrated real estate investment trust (REIT) that specializes in the ownership, development, and management of retail-focused properties.

Market cap
$1.81B+114%
Revenue$582.6M+10.3%
Net income$173.7M+156%
EPS (diluted)$5.50+156%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 6, 2026 (In 1 week)
Revenue estimate$146.1M

Financials

Q1 2026

Income statement

See full
Revenue$146.0M+3.0%
Net income$46.5M+429%
EPS (diluted)$1.48+448%

Balance sheet

See full
Cash & equivalents$122.7M+312%
Total debt$4.2B+94.4%
Total equity$398.0M+34.9%
Total assets$2.6B+0.8%

Cash flow

See full
Operating cash flow$52.9M+67.0%

Valuation & ratios

Valuation

See full
Market cap$1.81B+114%
Enterprise value$5.87B+104%
P/E10.4×-2.3×
P/S3.1×+1.6×

Profitability

See full
Net margin29.8%+17.0pp

Returns & leverage

See full
Return on equity50.1%+28.3pp
Debt / equity10.5×+3.2×

Segments

By segment

See full
Malls$122.2M+5.4%
Lifestyle Centers$12.5M+3.2%
Outlet Centers$8.5M-1.1%

By product

See full
Operating Expense Reimbursements$2.1M+8.9%
Management Developmentand Leasing Fees$1.6M+22.2%
Marketing$566.0K+61.3%

Competitors

Profile

CBL & Associates Properties, Inc. is a self-managed and fully integrated real estate investment trust (REIT) that specializes in the ownership, development, and management of retail-focused properties. The company focuses on maximizing long-term value through the operation of regional shopping malls, lifestyle centers, and open-air centers primarily located in the Southeastern and Midwestern United States. Its core value proposition lies in active portfolio management, asset densification, and redeveloping underutilized retail space into productive multi-use environments.

Competitive position

A leading owner of retail real estate in mid-tier markets with a significant presence in the Southeastern and Midwestern United States.

GeographiesUnited States, Southeast US, Midwest US
Customer segmentsRetail Corporations, Service Providers, Consumer Goods Companies
Business modelLeasing and Rental, Property Management Services, Asset Redevelopment
SuppliersConstruction Contractors, Financial Lenders, Municipal Governments, Utility Providers
CustomersRetail Tenants, Professional Service Firms, Restaurant Groups, Entertainment Venues
Listed2021
Employees469.0
CEOStephen D. Lebovitz
FilingsSEC EDGAR

Questions, answered.

What is CBL & Associates Properties's market cap?
CBL & Associates Properties (CBL) has a market capitalization of $1.8B and trades on NYSE.
What is CBL & Associates Properties's revenue and profitability?
CBL & Associates Properties generated $582.6M in trailing twelve-month revenue with net income of $173.7M, representing a net margin of 29.8%. These figures are based on the Q1 2026 filing.
Who are CBL & Associates Properties's competitors?
CBL & Associates Properties's key competitors include Macerich Company, Simon Property Group, Inc., Amazon.com, Inc., and others. These companies compete in similar markets and product categories.
Who does CBL & Associates Properties partner with?
CBL & Associates Properties's notable partners include Transition Overwatch.
What subsidiaries does CBL & Associates Properties have?
CBL & Associates Properties's subsidiaries include CBL & Associates Limited Partnership, CBL & Associates Management, Inc., CBL Holdings I, Inc., and others.
Where is CBL & Associates Properties headquartered?
CBL & Associates Properties is headquartered in United States of America and employs approximately 469 people. It has been publicly traded since 2021.