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Other financials

Income statement

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Revenue$2.1M-55.4%
Net income-$30.3M-36.6%
EPS (diluted)-$0.56-33.3%

Balance sheet

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Cash & equivalents$44.5M-52.8%
Total debt$600.0K-40.0%
Total equity$299.9M-21.3%
Total assets$361.2M-44.4%

Cash flow

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Operating cash flow-$5.7M+37.8%
CapEx$294.0K-95.9%
Free cash flow-$6.0M+63.1%

Valuation

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Market cap$149.82M-13.9%
Enterprise value$105.92M+2.9%
P/S9.6×-0.7×

Profitability

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Operating margin-55.1%
Net margin-487.6%-160pp
FCF margin-330.5%+127pp

Returns & leverage

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Return on equity-22.4%-5.7pp
Debt / equity0.0×

Where this comes from

Reported directly by Seritage Growth Properties in its filing.

Tagged under the XBRL concept us-gaap:RealEstateTaxExpense.

The official record: Seritage Growth Properties’s 10-Q, filed May 15, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Seritage Growth Properties's property taxes?
Seritage Growth Properties (SRG) reported property taxes of $333K in Q1 2026.
How has Seritage Growth Properties's property taxes changed year-over-year?
Seritage Growth Properties's property taxes decreased by 65.1% year-over-year, from $953K to $333K.
What is the long-term trend for Seritage Growth Properties's property taxes?
Over 4 years (2021 to 2025), Seritage Growth Properties's property taxes has grown at a -48.6% compound annual growth rate (CAGR), from $35.26M to $2.46M.
What does property taxes mean?
Represents the mandatory property tax obligations paid to local government authorities for owned real estate assets. This is a recurring operating expense that directly impacts the net operating income of the property portfolio.