Kite Realty Group Trust
NYSE:KRG
Income Statement
Earnings Waterfall
Kite Realty Group Trust
Revenue
|
823.7m
USD
|
Cost of Revenue
|
-210.6m
USD
|
Gross Profit
|
613.1m
USD
|
Operating Expenses
|
-474.2m
USD
|
Operating Income
|
138.9m
USD
|
Other Expenses
|
-82.6m
USD
|
Net Income
|
56.3m
USD
|
Income Statement
Kite Realty Group Trust
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
141
N/A
|
152
+8%
|
208
+37%
|
260
+25%
|
304
+17%
|
347
+14%
|
345
0%
|
347
+1%
|
349
+0%
|
353
+1%
|
355
+1%
|
354
0%
|
356
+0%
|
361
+1%
|
359
-1%
|
359
+0%
|
358
0%
|
358
0%
|
356
0%
|
354
-1%
|
348
-2%
|
338
-3%
|
327
-3%
|
315
-4%
|
302
-4%
|
283
-6%
|
274
-3%
|
267
-3%
|
266
0%
|
272
+2%
|
279
+2%
|
373
+34%
|
498
+34%
|
632
+27%
|
760
+20%
|
802
+5%
|
814
+2%
|
821
+1%
|
828
+1%
|
823
-1%
|
824
+0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(41)
|
(44)
|
(57)
|
(69)
|
(79)
|
(89)
|
(89)
|
(91)
|
(91)
|
(92)
|
(92)
|
(91)
|
(91)
|
(92)
|
(92)
|
(93)
|
(93)
|
(92)
|
(93)
|
(93)
|
(91)
|
(90)
|
(87)
|
(84)
|
(82)
|
(79)
|
(78)
|
(77)
|
(77)
|
(78)
|
(78)
|
(105)
|
(138)
|
(173)
|
(206)
|
(212)
|
(214)
|
(213)
|
(216)
|
(210)
|
(210)
|
|
Gross Profit |
100
N/A
|
109
+8%
|
151
+39%
|
191
+26%
|
225
+18%
|
257
+15%
|
256
0%
|
256
0%
|
257
+0%
|
261
+1%
|
262
+1%
|
263
+0%
|
265
+1%
|
269
+1%
|
267
-1%
|
266
0%
|
266
0%
|
265
0%
|
263
-1%
|
262
-1%
|
257
-2%
|
248
-3%
|
240
-3%
|
231
-4%
|
219
-5%
|
205
-7%
|
196
-4%
|
190
-3%
|
189
0%
|
194
+3%
|
201
+4%
|
268
+33%
|
360
+34%
|
458
+27%
|
555
+21%
|
590
+6%
|
601
+2%
|
607
+1%
|
611
+1%
|
613
+0%
|
613
+0%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(70)
|
(76)
|
(107)
|
(134)
|
(159)
|
(183)
|
(181)
|
(186)
|
(188)
|
(192)
|
(194)
|
(195)
|
(199)
|
(196)
|
(193)
|
(194)
|
(187)
|
(185)
|
(178)
|
(174)
|
(170)
|
(166)
|
(163)
|
(160)
|
(157)
|
(154)
|
(155)
|
(159)
|
(159)
|
(159)
|
(157)
|
(234)
|
(331)
|
(427)
|
(519)
|
(525)
|
(511)
|
(502)
|
(491)
|
(483)
|
(474)
|
|
Selling, General & Administrative |
(9)
|
(10)
|
(11)
|
(13)
|
(15)
|
(17)
|
(18)
|
(19)
|
(19)
|
(19)
|
(20)
|
(21)
|
(21)
|
(22)
|
(22)
|
(22)
|
(22)
|
(22)
|
(22)
|
(21)
|
(22)
|
(24)
|
(26)
|
(28)
|
(28)
|
(28)
|
(28)
|
(31)
|
(31)
|
(33)
|
(35)
|
(34)
|
(40)
|
(46)
|
(52)
|
(55)
|
(55)
|
(56)
|
(55)
|
(56)
|
(56)
|
|
Depreciation & Amortization |
(61)
|
(66)
|
(95)
|
(121)
|
(144)
|
(165)
|
(164)
|
(167)
|
(169)
|
(172)
|
(175)
|
(175)
|
(178)
|
(177)
|
(174)
|
(172)
|
(165)
|
(163)
|
(157)
|
(152)
|
(148)
|
(143)
|
(138)
|
(132)
|
(129)
|
(126)
|
(128)
|
(129)
|
(128)
|
(126)
|
(122)
|
(201)
|
(291)
|
(381)
|
(467)
|
(470)
|
(456)
|
(446)
|
(436)
|
(426)
|
(419)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
3
|
3
|
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
|
|
Operating Income |
31
N/A
|
32
+6%
|
44
+37%
|
57
+28%
|
66
+16%
|
75
+13%
|
75
+0%
|
70
-6%
|
69
-1%
|
69
N/A
|
68
-1%
|
68
N/A
|
66
-3%
|
73
+10%
|
73
+0%
|
72
-1%
|
79
+9%
|
80
+2%
|
85
+6%
|
88
+4%
|
86
-2%
|
82
-5%
|
77
-6%
|
71
-8%
|
62
-12%
|
51
-17%
|
41
-21%
|
30
-26%
|
31
+1%
|
36
+16%
|
44
+25%
|
34
-24%
|
29
-15%
|
31
+8%
|
36
+15%
|
66
+85%
|
90
+36%
|
105
+18%
|
120
+14%
|
130
+8%
|
139
+7%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(29)
|
(30)
|
(38)
|
(46)
|
(52)
|
(58)
|
(56)
|
(56)
|
(58)
|
(60)
|
(63)
|
(66)
|
(67)
|
(68)
|
(67)
|
(66)
|
(66)
|
(66)
|
(66)
|
(67)
|
(67)
|
(66)
|
(65)
|
(59)
|
(55)
|
(52)
|
(51)
|
(50)
|
(50)
|
(49)
|
(50)
|
(60)
|
(74)
|
(87)
|
(101)
|
(104)
|
(104)
|
(106)
|
(105)
|
(105)
|
(110)
|
|
Non-Reccuring Items |
(7)
|
(10)
|
(29)
|
(28)
|
(23)
|
(20)
|
(2)
|
2
|
2
|
0
|
0
|
2
|
(6)
|
(6)
|
(6)
|
8
|
(9)
|
(24)
|
(24)
|
(67)
|
(40)
|
(29)
|
(51)
|
(10)
|
(12)
|
(8)
|
17
|
5
|
30
|
29
|
17
|
(55)
|
(79)
|
(55)
|
(47)
|
26
|
24
|
28
|
22
|
22
|
22
|
|
Gain/Loss on Disposition of Assets |
4
|
4
|
6
|
9
|
8
|
13
|
10
|
9
|
5
|
1
|
1
|
0
|
9
|
15
|
15
|
0
|
(8)
|
(7)
|
(7)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
|
Total Other Income |
(0)
|
0
|
0
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(9)
|
(9)
|
(1)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
1
|
2
|
2
|
5
|
|
Pre-Tax Income |
(2)
N/A
|
(4)
-94%
|
(16)
-346%
|
(8)
+49%
|
(1)
+85%
|
9
N/A
|
26
+185%
|
24
-9%
|
18
-23%
|
10
-46%
|
6
-42%
|
4
-32%
|
2
-49%
|
14
+605%
|
15
+7%
|
14
-9%
|
(5)
N/A
|
(17)
-267%
|
(12)
+27%
|
(46)
-287%
|
(22)
+52%
|
(23)
-2%
|
(47)
-108%
|
0
N/A
|
(6)
N/A
|
(9)
-56%
|
7
N/A
|
(15)
N/A
|
10
N/A
|
15
+46%
|
12
-16%
|
(82)
N/A
|
(124)
-52%
|
(111)
+11%
|
(112)
-1%
|
(12)
+89%
|
10
N/A
|
29
+195%
|
39
+35%
|
49
+24%
|
58
+19%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
|
Income from Continuing Operations |
(2)
|
(4)
|
(16)
|
(8)
|
(1)
|
9
|
26
|
24
|
18
|
9
|
5
|
3
|
2
|
14
|
15
|
14
|
(5)
|
(17)
|
(12)
|
(46)
|
(22)
|
(22)
|
(47)
|
1
|
(5)
|
(8)
|
8
|
(14)
|
11
|
15
|
13
|
(81)
|
(124)
|
(110)
|
(112)
|
(12)
|
10
|
29
|
39
|
48
|
57
|
|
Income to Minority Interest |
1
|
0
|
(0)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(0)
|
(1)
|
(0)
|
1
|
(1)
|
(0)
|
(0)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
1
|
2
|
2
|
2
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
Equity Earnings Affiliates |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
|
Net Income (Common) |
(9)
N/A
|
(6)
+40%
|
(21)
-282%
|
(14)
+32%
|
(11)
+20%
|
(2)
+86%
|
15
N/A
|
15
+1%
|
12
-23%
|
5
-55%
|
3
-40%
|
1
-63%
|
(0)
N/A
|
12
N/A
|
13
+9%
|
12
-8%
|
(6)
N/A
|
(18)
-193%
|
(13)
+26%
|
(47)
-256%
|
(23)
+51%
|
(23)
-2%
|
(47)
-101%
|
(1)
+99%
|
(6)
-1 160%
|
(9)
-48%
|
6
N/A
|
(16)
N/A
|
8
N/A
|
13
+55%
|
11
-18%
|
(81)
N/A
|
(122)
-51%
|
(109)
+11%
|
(110)
-1%
|
(13)
+89%
|
10
N/A
|
29
+198%
|
39
+35%
|
47
+23%
|
56
+19%
|
|
EPS (Diluted) |
-0.27
N/A
|
-0.16
+41%
|
-0.25
-56%
|
-0.24
+4%
|
-0.13
+46%
|
-0.02
+85%
|
0.18
N/A
|
0.18
N/A
|
0.14
-22%
|
0.06
-57%
|
0.03
-50%
|
0.01
-67%
|
0
N/A
|
0.14
N/A
|
0.15
+7%
|
0.14
-7%
|
-0.07
N/A
|
-0.21
-200%
|
-0.15
+29%
|
-0.56
-273%
|
-0.27
+52%
|
-0.27
N/A
|
-0.56
-107%
|
-0.01
+98%
|
-0.08
-700%
|
-0.12
-50%
|
0.07
N/A
|
-0.19
N/A
|
0.1
N/A
|
0.16
+60%
|
0.13
-19%
|
-0.73
N/A
|
-0.55
+25%
|
-0.49
+11%
|
-0.5
-2%
|
-0.06
+88%
|
0.03
N/A
|
0.12
+300%
|
0.17
+42%
|
0.22
+29%
|
0.26
+18%
|