Kimco Realty Property taxes 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), Property taxes shows an upward trend with a 7.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Increases are typically driven by rising property valuations or tax rate hikes, which directly impact net operating income.
The total amount of property taxes paid to local and state governments for the real estate assets owned by the company....
Standard operating expense for all real estate owners, often benchmarked as a percentage of property value.
other_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 | $57.51M | $57.62M | $57.88M | $58.58M | $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% | +2.4% | +0.2% | +0.4% | +1.2% | +8.2% | +4.5% | -1.8% | +3.3% | +4.1% | -4.8% | +1.2% | +9.3% | -1.1% |
| YoY Change | — | — | — | — | +2.4% | +2.6% | +3.0% | +4.3% | +10.2% | +14.9% | +12.3% | +14.7% | +10.3% | +0.6% | +3.7% | +9.6% | +4.2% |
| Segment | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|
| Real Estate Rental Operations | $69.91M | $66.56M | $67.38M | $73.62M | $72.84M |
| Total | $69.91M | $66.56M | $67.38M | $73.62M | $72.84M |