Kite Historical Income Statement

KRG Stock  USD 27.57  0.28  1.01%   
Historical analysis of Kite Realty income statement accounts such as Gross Profit of 643.3 M can show how well Kite Realty Group performed in making a profits. Evaluating Kite Realty income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Kite Realty's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Kite Realty Group latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Kite Realty Group is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kite Realty Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

About Kite Income Statement Analysis

Kite Realty Group Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Kite Realty shareholders. The income statement also shows Kite investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Kite Realty Income Statement Chart

At this time, Kite Realty's Gross Profit is most likely to increase significantly in the upcoming years. The Kite Realty's current Other Operating Expenses is estimated to increase to about 732.6 M, while Total Other Income Expense Net is projected to decrease to (85.3 M).

Total Revenue

Total revenue comprises all receipts Kite Realty Group generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Kite Realty Group minus its cost of goods sold. It is profit before Kite Realty operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Kite Realty Group. It is also known as Kite Realty overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Kite Realty Group operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Kite Realty Group is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from Kite Realty's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Kite Realty Group current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kite Realty Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, Kite Realty's Gross Profit is most likely to increase significantly in the upcoming years. The Kite Realty's current Other Operating Expenses is estimated to increase to about 732.6 M, while Total Other Income Expense Net is projected to decrease to (85.3 M).
 2021 2022 2023 2024 (projected)
Gross Profit268.2M590.2M612.6M643.3M
Total Revenue373.3M802.0M823.0M864.2M

Kite Realty income statement Correlations

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Click cells to compare fundamentals

Kite Realty Account Relationship Matchups

Kite Realty income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization129.6M249.6M341.7M743.1M426.4M447.7M
Interest Expense59.3M50.4M60.4M104.3M105.3M100.1M
Total Revenue315.2M266.6M373.3M802.0M823.0M864.2M
Gross Profit230.8M189.8M268.2M590.2M612.6M643.3M
Other Operating Expenses244.7M236.4M339.5M736.5M697.7M732.6M
Operating Income71.8M35.0M33.7M66.0M130.1M136.6M
Ebit71.8M(85.3M)(162.8M)(207.2M)130.1M136.6M
Ebitda201.4M164.4M178.9M535.8M556.5M584.3M
Cost Of Revenue84.4M76.9M105.1M211.8M210.4M220.9M
Total Operating Expenses160.3M159.5M234.4M524.7M460.4M483.4M
Net Income(534K)(16.1M)(81.7M)(12.2M)47.5M49.9M
Income Tax Expense(282K)(696K)(310K)43K533K559.7K
Income Before Tax(284K)(16.8M)(82.0M)(12.1M)48.9M51.4M
Total Other Income Expense Net(72.0M)(51.8M)(60.5M)(77.6M)(81.2M)(85.3M)
Net Income Applicable To Common Shares(534K)(16.2M)(80.8M)(12.6M)(11.4M)(10.8M)
Minority Interest532K100K916K(482K)(774K)(735.3K)
Selling General Administrative28.2M30.8M34.0M54.9M56.1M58.9M
Net Income From Continuing Ops(162K)(15.8M)(81.7M)(12.2M)39.2M41.1M
Non Recurring(7.4M)70.4M37.7M86.5M99.5M104.5M
Non Operating Income Net Other(924K)(12.8M)(1.4M)(61K)(54.9K)(52.2K)
Tax Provision(282K)(696K)(310K)43K386K405.3K
Interest Income59.3M50.4M60.4M104.3M119.9M72.7M
Net Interest Income(59.3M)(50.4M)(60.4M)(104.3M)(104.9M)(110.2M)
Reconciled Depreciation134.9M130.8M200.5M469.8M439.9M268.2M

Currently Active Assets on Macroaxis

When determining whether Kite Realty Group is a strong investment it is important to analyze Kite Realty's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Kite Realty's future performance. For an informed investment choice regarding Kite Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kite Realty Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Retail REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kite Realty. If investors know Kite will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kite Realty listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
7.072
Dividend Share
1.01
Earnings Share
(0.04)
Revenue Per Share
3.769
Return On Assets
0.0145
The market value of Kite Realty Group is measured differently than its book value, which is the value of Kite that is recorded on the company's balance sheet. Investors also form their own opinion of Kite Realty's value that differs from its market value or its book value, called intrinsic value, which is Kite Realty's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kite Realty's market value can be influenced by many factors that don't directly affect Kite Realty's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kite Realty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kite Realty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kite Realty's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.