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JBG SMITH Properties

JBGS

JBG SMITH is a real estate investment trust (REIT) that owns, operates, and develops a high-quality portfolio of mixed-use properties in the Washington, D.C. metropolitan area.

Market cap
$832.48M-37.2%
Revenue$505.5M-3.3%
Net income-$112.0M+28.6%
Free cash flow$41.7M-59.7%
EPS (diluted)-$1.83+1.1%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 4, 2026 (In 6 days)
Revenue estimate$125.9M

Financials

Q1 2026

Income statement

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Revenue$127.6M+5.7%
Net income-$18.7M+59.1%
EPS (diluted)-$0.32+42.9%

Balance sheet

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Cash & equivalents$79.8M-1.9%
Total debt$40.1M-7.8%
Total assets$4.3B-8.4%

Cash flow

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Operating cash flow$3.4M-73.6%
CapEx$28.0M-31.4%
Free cash flow-$24.6M+11.7%

Valuation & ratios

Valuation

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Market cap$832.48M-37.2%
Enterprise value$792.81M-43.0%
P/S1.7×-1.1×

Profitability

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Net margin-22.2%-4.6pp
FCF margin8.2%-11.5pp

Competitors

Profile

JBG SMITH is a real estate investment trust (REIT) that owns, operates, and develops a high-quality portfolio of mixed-use properties in the Washington, D.C. metropolitan area. The company focuses on placemaking in amenity-rich, transit-oriented submarkets, particularly National Landing, to create walkable and vibrant urban environments. Beyond its core property ownership, the firm leverages its expertise to provide comprehensive third-party real estate services to external clients.

Competitive position

A dominant owner and developer in the National Landing submarket with a specialized focus on transit-oriented, mixed-use urban environments in the D.C. region.

GeographiesWashington, D.C., National Landing, United States
Customer segmentsResidential renters, Commercial enterprises, Government entities
Business modelAsset-heavy property ownership, Fee-for-service, Property development
SuppliersConstruction contractors, Architectural and engineering firms, Municipal planning and zoning boards, Capital markets and lenders
CustomersOffice tenants, Residential apartment renters, Retail businesses, Third-party property owners
Listed2017
Employees844.0
CEOW. Matthew Kelly
FilingsSEC EDGAR

Questions, answered.

What is JBG SMITH Properties's market cap?
JBG SMITH Properties (JBGS) has a market capitalization of $832.5M and trades on NYSE.
What is JBG SMITH Properties's revenue and profitability?
JBG SMITH Properties generated $505.5M in trailing twelve-month revenue with a net loss of $112.0M, representing a net margin of -22.2%, with free cash flow of $41.7M. These figures are based on the Q1 2026 filing.
Who are JBG SMITH Properties's competitors?
JBG SMITH Properties's key competitors include Boston Properties, Inc., Vornado Realty Trust, AvalonBay Communities, Inc., and others. These companies compete in similar markets and product categories.
Who does JBG SMITH Properties partner with?
JBG SMITH Properties's notable partners include Amazon.com, Inc..
What subsidiaries does JBG SMITH Properties have?
JBG SMITH Properties's subsidiaries include JBG SMITH LP.
Where is JBG SMITH Properties headquartered?
JBG SMITH Properties is headquartered in United States of America and employs approximately 844 people. It has been publicly traded since 2017.