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JBG SMITH Properties JBGS Commercial — Utilities Operating 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:UtilitiesOperatingExpenseAtOurShare.

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 — utilities operating expense at our share?
JBG SMITH Properties (JBGS) reported commercial — utilities operating expense at our share of $5.04M in Q1 2026.
How has JBG SMITH Properties's commercial — utilities operating expense at our share changed year-over-year?
JBG SMITH Properties's commercial — utilities operating expense at our share increased by 48.2% year-over-year, from $3.4M to $5.04M.
What is the long-term trend for JBG SMITH Properties's commercial — utilities operating expense at our share?
Over 2 years (2023 to 2025), JBG SMITH Properties's commercial — utilities operating expense at our share has grown at a -8.6% compound annual growth rate (CAGR), from $16.95M to $14.17M.
What does commercial — utilities operating expense at our share mean?
This metric tracks the costs of electricity, water, gas, and other utility services required to operate commercial properties, adjusted for the company's proportional ownership share. It is a primary variable cost that reflects both energy efficiency initiatives and utility rate fluctuations.