Kimco Realty Real Estate Rental Operations — Real Estate Tax Expense decreased by 1.1% to $72.84M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.2%, from $69.91M to $72.84M. Over 3 years (FY 2022 to FY 2025), Real Estate Rental Operations — Real Estate Tax Expense shows an upward trend with a 7.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Rising taxes can impact net operating income unless fully passed through to tenants via expense recoveries.
Reflects the property-level tax obligations paid to local and state governments for the real estate assets within the po...
Standard line item for all property-owning REITs.
kim_segment_real_estate_rental_operations_real_estate_tax_expense| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $56.18M | $56.18M | $56.18M | $56.18M | $57.89M | $57.89M | $57.89M | $57.89M | $63.36M | $66.18M | $65.00M | $67.16M | $69.91M | $66.56M | $67.38M | $73.62M | $72.84M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +3.0% | +0.0% | +0.0% | +0.0% | +9.4% | +4.5% | -1.8% | +3.3% | +4.1% | -4.8% | +1.2% | +9.3% | -1.1% |
| YoY Change | — | — | — | — | +3.0% | +3.0% | +3.0% | +3.0% | +9.4% | +14.3% | +12.3% | +16.0% | +10.3% | +0.6% | +3.7% | +9.6% | +4.2% |