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JBG SMITH Properties JBGS Commercial — Real Estate Tax Expense At Our Share

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Other financials

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 equity$1.8B-18.6%
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

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Market cap$838.3M-35.8%
Enterprise value$798.63M-37.0%
P/S1.7×-0.8×

Profitability

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Operating margin6%
Net margin-22.2%-4.6pp
FCF margin8.2%-11.5pp

Returns & leverage

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Return on equity-7.1%-46.0pp
Debt / equity0.0×

Where this comes from

Reported directly by JBG SMITH Properties in its filing.

Tagged under the XBRL concept jbgs:RealEstateTaxExpenseAtOurShare.

The official record: JBG SMITH Properties’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is JBG SMITH Properties's commercial — real estate tax expense at our share?
JBG SMITH Properties (JBGS) reported commercial — real estate tax expense at our share of $4.88M in Q1 2026.
How has JBG SMITH Properties's commercial — real estate tax expense at our share changed year-over-year?
JBG SMITH Properties's commercial — real estate tax expense at our share decreased by 12.7% year-over-year, from $5.59M to $4.88M.
What is the long-term trend for JBG SMITH Properties's commercial — real estate tax expense at our share?
Over 2 years (2023 to 2025), JBG SMITH Properties's commercial — real estate tax expense at our share has grown at a -22.9% compound annual growth rate (CAGR), from $37.7M to $22.44M.
What does commercial — real estate tax expense at our share mean?
This metric reflects the property tax obligations associated with commercial assets, adjusted for the company's proportional ownership share. Monitoring this expense is critical for assessing the impact of local tax environments on property-level profitability.