Brixmor Property Group Inc
NYSE:BRX
Income Statement
Earnings Waterfall
Brixmor Property Group Inc
Income Statement
Brixmor Property Group Inc
| Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
376
|
379
|
377
|
364
|
343
|
319
|
291
|
272
|
263
|
257
|
254
|
250
|
245
|
240
|
234
|
230
|
227
|
225
|
226
|
226
|
227
|
226
|
224
|
222
|
215
|
207
|
200
|
192
|
190
|
190
|
192
|
195
|
200
|
202
|
201
|
199
|
195
|
193
|
191
|
191
|
192
|
194
|
193
|
192
|
191
|
194
|
200
|
208
|
216
|
219
|
219
|
221
|
225
|
|
| Revenue |
1 088
N/A
|
1 116
+3%
|
1 120
+0%
|
1 126
+1%
|
1 146
+2%
|
1 177
+3%
|
1 207
+3%
|
1 227
+2%
|
1 237
+1%
|
1 244
+1%
|
1 248
+0%
|
1 255
+1%
|
1 266
+1%
|
1 274
+1%
|
1 272
0%
|
1 277
+0%
|
1 276
0%
|
1 279
+0%
|
1 291
+1%
|
1 287
0%
|
1 283
0%
|
1 275
-1%
|
1 265
-1%
|
1 257
-1%
|
1 234
-2%
|
1 208
-2%
|
1 186
-2%
|
1 173
-1%
|
1 168
0%
|
1 159
-1%
|
1 116
-4%
|
1 077
-4%
|
1 053
-2%
|
1 051
0%
|
1 090
+4%
|
1 126
+3%
|
1 152
+2%
|
1 171
+2%
|
1 190
+2%
|
1 205
+1%
|
1 218
+1%
|
1 231
+1%
|
1 235
+0%
|
1 237
+0%
|
1 245
+1%
|
1 254
+1%
|
1 580
+26%
|
1 593
+1%
|
1 285
-19%
|
1 623
+26%
|
1 326
-18%
|
1 346
+2%
|
1 372
+2%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(274)
|
(283)
|
(283)
|
(283)
|
(285)
|
(293)
|
(300)
|
(303)
|
(309)
|
(309)
|
(307)
|
(308)
|
(310)
|
(310)
|
(306)
|
(311)
|
(308)
|
(312)
|
(319)
|
(316)
|
(315)
|
(313)
|
(314)
|
(315)
|
(314)
|
(307)
|
(301)
|
(297)
|
(296)
|
(295)
|
(289)
|
(283)
|
(281)
|
(282)
|
(286)
|
(291)
|
(298)
|
(300)
|
(306)
|
(311)
|
(312)
|
(316)
|
(319)
|
(318)
|
(320)
|
(318)
|
(390)
|
(393)
|
(317)
|
(401)
|
(333)
|
(338)
|
(341)
|
|
| Gross Profit |
814
N/A
|
833
+2%
|
837
+1%
|
842
+1%
|
861
+2%
|
884
+3%
|
907
+3%
|
924
+2%
|
928
+0%
|
935
+1%
|
941
+1%
|
947
+1%
|
956
+1%
|
963
+1%
|
966
+0%
|
966
+0%
|
968
+0%
|
966
0%
|
972
+1%
|
971
0%
|
968
0%
|
962
-1%
|
951
-1%
|
941
-1%
|
921
-2%
|
901
-2%
|
886
-2%
|
876
-1%
|
872
0%
|
865
-1%
|
827
-4%
|
794
-4%
|
773
-3%
|
769
0%
|
804
+5%
|
835
+4%
|
855
+2%
|
871
+2%
|
885
+2%
|
894
+1%
|
906
+1%
|
915
+1%
|
916
+0%
|
919
+0%
|
925
+1%
|
936
+1%
|
1 190
+27%
|
1 201
+1%
|
968
-19%
|
1 221
+26%
|
993
-19%
|
1 008
+2%
|
1 031
+2%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(589)
|
(578)
|
(560)
|
(550)
|
(571)
|
(569)
|
(572)
|
(570)
|
(533)
|
(539)
|
(534)
|
(527)
|
(526)
|
(508)
|
(506)
|
(501)
|
(489)
|
(481)
|
(478)
|
(474)
|
(473)
|
(472)
|
(464)
|
(455)
|
(456)
|
(452)
|
(445)
|
(443)
|
(435)
|
(430)
|
(428)
|
(436)
|
(434)
|
(436)
|
(439)
|
(430)
|
(433)
|
(437)
|
(444)
|
(451)
|
(462)
|
(467)
|
(469)
|
(481)
|
(479)
|
(482)
|
(606)
|
(606)
|
(498)
|
(642)
|
(522)
|
(527)
|
(528)
|
|
| Selling, General & Administrative |
(101)
|
(99)
|
(95)
|
(98)
|
(132)
|
(129)
|
(131)
|
(126)
|
(92)
|
(102)
|
(102)
|
(104)
|
(108)
|
(98)
|
(104)
|
(104)
|
(101)
|
(100)
|
(96)
|
(96)
|
(98)
|
(100)
|
(98)
|
(98)
|
(104)
|
(104)
|
(107)
|
(108)
|
(102)
|
(100)
|
(99)
|
(102)
|
(98)
|
(100)
|
(102)
|
(100)
|
(106)
|
(109)
|
(112)
|
(116)
|
(117)
|
(118)
|
(117)
|
(117)
|
(117)
|
(116)
|
(146)
|
(147)
|
(116)
|
(145)
|
(115)
|
(112)
|
(113)
|
|
| Depreciation & Amortization |
(489)
|
(479)
|
(465)
|
(452)
|
(439)
|
(440)
|
(441)
|
(444)
|
(442)
|
(437)
|
(432)
|
(423)
|
(418)
|
(410)
|
(401)
|
(397)
|
(387)
|
(381)
|
(382)
|
(378)
|
(375)
|
(372)
|
(366)
|
(357)
|
(352)
|
(347)
|
(338)
|
(335)
|
(332)
|
(330)
|
(329)
|
(334)
|
(336)
|
(336)
|
(336)
|
(331)
|
(327)
|
(328)
|
(332)
|
(335)
|
(345)
|
(348)
|
(352)
|
(363)
|
(362)
|
(366)
|
(460)
|
(459)
|
(381)
|
(487)
|
(407)
|
(415)
|
(415)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
|
| Operating Income |
225
N/A
|
255
+13%
|
277
+9%
|
293
+6%
|
291
-1%
|
315
+8%
|
335
+6%
|
354
+6%
|
395
+12%
|
396
+0%
|
407
+3%
|
420
+3%
|
430
+2%
|
455
+6%
|
460
+1%
|
465
+1%
|
479
+3%
|
485
+1%
|
494
+2%
|
497
+1%
|
495
0%
|
490
-1%
|
487
-1%
|
487
0%
|
465
-4%
|
450
-3%
|
441
-2%
|
433
-2%
|
438
+1%
|
435
-1%
|
399
-8%
|
359
-10%
|
339
-5%
|
333
-2%
|
366
+10%
|
405
+11%
|
422
+4%
|
435
+3%
|
441
+1%
|
443
+1%
|
444
+0%
|
448
+1%
|
447
0%
|
438
-2%
|
446
+2%
|
454
+2%
|
583
+29%
|
595
+2%
|
470
-21%
|
579
+23%
|
471
-19%
|
481
+2%
|
503
+5%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(375)
|
(378)
|
(376)
|
(363)
|
(342)
|
(319)
|
(290)
|
(271)
|
(262)
|
(257)
|
(253)
|
(249)
|
(245)
|
(240)
|
(233)
|
(230)
|
(226)
|
(225)
|
(226)
|
(226)
|
(226)
|
(226)
|
(223)
|
(221)
|
(215)
|
(206)
|
(199)
|
(191)
|
(189)
|
(190)
|
(191)
|
(195)
|
(200)
|
(201)
|
(201)
|
(199)
|
(195)
|
(193)
|
(191)
|
(191)
|
(192)
|
(194)
|
(193)
|
(192)
|
(190)
|
(189)
|
(236)
|
(239)
|
(195)
|
(248)
|
(206)
|
(212)
|
(217)
|
|
| Non-Reccuring Items |
(1)
|
2
|
(2)
|
(20)
|
(22)
|
(26)
|
(24)
|
(5)
|
(14)
|
(12)
|
(11)
|
(11)
|
1
|
1
|
1
|
(2)
|
(6)
|
(13)
|
(24)
|
(30)
|
(40)
|
(49)
|
(50)
|
(77)
|
(90)
|
(77)
|
(72)
|
(45)
|
(26)
|
(28)
|
(37)
|
(34)
|
(48)
|
(46)
|
(30)
|
(51)
|
(30)
|
(32)
|
(32)
|
(5)
|
(6)
|
(2)
|
(15)
|
(15)
|
(13)
|
(12)
|
(5)
|
(11)
|
(11)
|
0
|
(6)
|
(16)
|
(21)
|
|
| Gain/Loss on Disposition of Assets |
1
|
1
|
1
|
3
|
2
|
3
|
2
|
0
|
0
|
0
|
9
|
9
|
12
|
12
|
10
|
13
|
36
|
45
|
57
|
80
|
69
|
71
|
80
|
173
|
209
|
205
|
190
|
96
|
55
|
56
|
44
|
32
|
35
|
31
|
63
|
61
|
73
|
89
|
80
|
84
|
112
|
138
|
119
|
110
|
65
|
32
|
45
|
76
|
78
|
81
|
80
|
83
|
123
|
|
| Total Other Income |
(1)
|
(2)
|
(2)
|
(4)
|
(11)
|
(12)
|
(11)
|
(8)
|
(8)
|
(7)
|
(7)
|
(3)
|
(0)
|
(1)
|
(0)
|
(5)
|
(5)
|
(5)
|
(4)
|
(3)
|
(3)
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(5)
|
(4)
|
(3)
|
(2)
|
(0)
|
(1)
|
(3)
|
(4)
|
(4)
|
(4)
|
(3)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(3)
|
|
| Pre-Tax Income |
(150)
N/A
|
(123)
+18%
|
(101)
+18%
|
(92)
+9%
|
(82)
+11%
|
(39)
+52%
|
13
N/A
|
70
+459%
|
111
+58%
|
121
+9%
|
145
+20%
|
166
+15%
|
197
+19%
|
228
+15%
|
238
+5%
|
241
+1%
|
278
+15%
|
288
+4%
|
298
+3%
|
319
+7%
|
295
-7%
|
285
-4%
|
290
+2%
|
359
+24%
|
366
+2%
|
368
+1%
|
357
-3%
|
290
-19%
|
275
-5%
|
272
-1%
|
212
-22%
|
159
-25%
|
121
-24%
|
114
-6%
|
195
+72%
|
213
+9%
|
270
+27%
|
297
+10%
|
295
-1%
|
328
+11%
|
354
+8%
|
387
+9%
|
356
-8%
|
340
-5%
|
305
-10%
|
282
-8%
|
384
+36%
|
417
+9%
|
339
-19%
|
409
+21%
|
335
-18%
|
333
-1%
|
386
+16%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Income from Continuing Operations |
(150)
|
(123)
|
(101)
|
(92)
|
(82)
|
(39)
|
13
|
70
|
111
|
121
|
145
|
166
|
197
|
228
|
238
|
241
|
278
|
288
|
298
|
319
|
295
|
285
|
290
|
359
|
366
|
368
|
357
|
290
|
275
|
272
|
212
|
159
|
121
|
114
|
195
|
213
|
270
|
297
|
295
|
328
|
354
|
387
|
356
|
340
|
305
|
282
|
384
|
417
|
339
|
409
|
335
|
333
|
386
|
|
| Income to Minority Interest |
36
|
31
|
25
|
22
|
19
|
7
|
(25)
|
(37)
|
(25)
|
(37)
|
(11)
|
(6)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(2)
|
(1)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
| Equity Earnings Affiliates |
0
|
1
|
1
|
1
|
1
|
3
|
2
|
2
|
2
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
1
|
1
|
5
|
5
|
5
|
5
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Net Income (Common) |
(123)
N/A
|
(104)
+15%
|
(114)
-9%
|
(104)
+8%
|
(94)
+10%
|
(59)
+37%
|
7
N/A
|
53
+633%
|
88
+66%
|
103
+17%
|
134
+30%
|
161
+20%
|
194
+20%
|
224
+16%
|
234
+5%
|
238
+2%
|
275
+16%
|
287
+4%
|
298
+4%
|
323
+9%
|
300
-7%
|
290
-3%
|
295
+2%
|
358
+22%
|
366
+2%
|
368
+0%
|
356
-3%
|
290
-19%
|
274
-5%
|
271
-1%
|
211
-22%
|
159
-25%
|
121
-24%
|
114
-6%
|
195
+71%
|
213
+9%
|
269
+27%
|
297
+10%
|
294
-1%
|
327
+11%
|
353
+8%
|
386
+9%
|
355
-8%
|
339
-5%
|
304
-10%
|
281
-8%
|
384
+37%
|
417
+9%
|
339
-19%
|
408
+21%
|
334
-18%
|
332
-1%
|
386
+16%
|
|
| EPS (Diluted) |
-0.68
N/A
|
-0.57
+16%
|
-0.62
-9%
|
-0.57
+8%
|
-0.49
+14%
|
-0.25
+49%
|
0.02
N/A
|
0.21
+950%
|
0.36
+71%
|
0.34
-6%
|
0.44
+29%
|
0.54
+23%
|
0.65
+20%
|
0.75
+15%
|
0.78
+4%
|
0.79
+1%
|
0.91
+15%
|
0.93
+2%
|
0.97
+4%
|
1.05
+8%
|
0.98
-7%
|
0.95
-3%
|
0.97
+2%
|
1.19
+23%
|
1.21
+2%
|
1.23
+2%
|
1.19
-3%
|
0.97
-18%
|
0.92
-5%
|
0.91
-1%
|
0.71
-22%
|
0.53
-25%
|
0.41
-23%
|
0.38
-7%
|
0.65
+71%
|
0.71
+9%
|
0.9
+27%
|
0.98
+9%
|
0.97
-1%
|
1.08
+11%
|
1.17
+8%
|
1.27
+9%
|
1.17
-8%
|
1.12
-4%
|
1.01
-10%
|
0.93
-8%
|
1.27
+37%
|
1.37
+8%
|
1.11
-19%
|
1.34
+21%
|
1.09
-19%
|
1.08
-1%
|
1.25
+16%
|
|