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Kite Realty Group Trust

KRGReal EstateNASDAQ

REIT - Retail

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Financials · Annual
Revenue
$844.4M
+0.8% YoY
Net Income
$298.7M
+7236.4% YoY
EBITDA
$818.7M
+55.0% YoY
Free Cash Flow
$106.1M

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About Kite Realty Group Trust

Kite Realty Group Trust is a real estate investment trust that owns and operates a high-quality portfolio of open-air shopping centers and mixed-use destinations. The company carries a $5.70B market cap, placing it firmly in the mid-cap category. The Company's portfolio is concentrated in high-growth Sun Belt and select strategic gateway markets.

Key stats
Market Cap$5.70B
P/E (TTM)20.77
Fwd P/E49.26
EPS$1.32
Beta0.85
52W Change+24.2%
Dividend Yield4.23%
ROE9.2%
Analysis

The company holds $33.4M in cash, though total debt stands at $3.06B. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. Free cash flow comes in at $106.1M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. ROE of 9.2% points to decent capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 1.8% is on the lower side, which is common in asset-heavy industries. Revenue has been relatively flat, moving from $802.0M (2022) to $844.4M (2025).

Kite Realty Group Trust carries a heavier debt load relative to its cash position, which introduces financial risk that investors should weigh. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Kite Realty Group Trust's trajectory.

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