Regency Centers Corporation

REG Real Estate Reit Retail

Regency Centers Corporation’s revenue for fiscal 2025 (year ended December 2025) was $1.6 billion, up 6.85% from fiscal 2024.

Revenue
+8.58%
EPS
+8.93%
Free cash flow
+15.9%
Total debt
+2.17%

Quarter to June 2026, against a year earlier

76.12 0.72 −0.94%
Market cap
$14.0B
P/E
25.8×
Fwd P/E
29.9×
Dividend yield
3.97%
F-score
8/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Regency Centers Corporation (REG) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2025: revenue by segment, and margins
Shopping Center 1,554 100.00%
Gross margin 70.57%
Operating margin 37.53%
Pre-tax margin 26.23%

Revenue by segment $m

Line FY2025 FY2024 FY2023 FY2022
Shopping Center 1,554 1,454 1,322 1,224
Revenue 1,554 1,454 1,322 1,224

Operating income by segment $m, and margin

Operating figures as reported in each quarter’s results release or filing

Figure Quarter Latest A year before Change
Blended cash rent spread Q3 FY2026 11.9% 12.8% —
Blended straight-lined rent spread Q3 FY2026 21.8% 22.9% —
Comparable new and renewal leases executed Q3 FY2026 1.7M 1.8M −5.56%
Development and redevelopment projects completed estimated net project costs Q2 FY2026 $20.0M $21.0M −4.76%
FFO a share Q3 FY2026 $1.23 $1.15 +6.96%
In-process development and redevelopment project costs incurred Q3 FY2026 46.0% — —
In-process development and redevelopment project estimated net costs Q3 FY2026 $682.0M $668.0M +2.10%
In-process development and redevelopment projects blended estimated yield Q3 FY2026 9.00% 9.00% —
Pro-rata net debt and preferred stock to TTM operating EBITDAre Q3 FY2026 4.9× 5.3× −7.55%
Redevelopment projects started estimated net project costs Q2 FY2026 $68.0M $42.0M +61.90%
Same Property anchor percent leased Q3 FY2026 98.5% 98.0% —
Same Property base rent growth contribution Q3 FY2026 4.00% 4.70% —
Same Property NOI growth excluding lease termination fees Q3 FY2026 5.10% 4.80% —
Same Property portfolio commenced Q3 FY2026 95.1% 94.4% —
Same Property portfolio leased Q3 FY2026 97.0% 96.4% —
Same Property shop percent leased Q3 FY2026 94.6% 93.9% —

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.