Saturday 17 October 2026 Export WHLR’s income statement to Excel — free account

Wheeler Real Estate Investment Trust, Inc.

Wheeler Real Estate Investment Trust, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $99.4 million, down 4.90% from fiscal 2024. In the quarter to June 2026, revenue fell 13.9%, EPS grew 100.6%, free cash flow grew 19.1% and total debt fell 4.02%, each against the same quarter a year earlier. Insiders bought in the last twelve months.

0.38 0.03 −7.32%

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Market cap: $610.0K
P/E: 0.0×
Fwd P/E: −0.6×
Dividend yield: —
F-score: n/a
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23	Dec '24	Dec '25
Piotroski F-Score Full definition →	6	5	4	5	5	3	4	5	—	—
P/E ratio Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
P/S ratio Full definition →	1,004,312,973,964.99	529,583,283,120.77	49,515,474,926.87	98,421,741,528.12	172,582,808,973.07	120,438,653,723.28	7,036,746,116.12	237,463.42	0.00	0.00
P/FCF ratio Full definition →	4,184,005,748,140.92	1,490,559,093,978.67	142,352,901,380.81	385,042,678,129.39	584,340,850,074.07	333,488,115,787.85	16,465,118,026.31	6,617,223.53	0.00	0.00
P/Operating CF Full definition →	26,227,357,143,875.67	6,202,312,420,463.05	933,599,834,156.96	2,357,419,051,345.84	5,839,195,283,296.98	2,920,923,204,024.71	192,343,582,763.82	4,116,984.89	0.00	0.00
P/B ratio Full definition →	692,910,991,630.37	1,060,597,970,352.89	1,153,505,576,677.87	0.00	0.00	0.00	95,120,177,437.35	0.00	0.00	0.00
Price to Tangible BV Full definition →	973,494,467,059.44	2,071,582,296,008.71	0.00	0.00	0.00	0.00	212,670,112,803.53	0.00	0.00	0.00
EV/Sales Full definition →	1,004,312,973,971.59	529,583,283,125.81	49,515,474,932.11	98,421,741,533.17	172,582,808,977.85	120,438,653,728.06	7,036,746,121.47	237,467.70	4.03	4.22
EV/EBITDA Full definition →	1,971,043,994,959.57	989,313,763,891.28	94,121,218,002.14	191,218,518,570.23	293,686,372,909.95	201,641,012,017.13	12,595,609,577.06	457,951.05	7.10	6.59
EV/Operating CF Full definition →	3,995,537,020,773.44	1,301,501,279,610.77	146,901,310,162.42	407,560,089,078.76	667,178,016,227.88	433,313,412,362.38	17,534,670,865.46	1,160,737.68	16.23	19.85
EV/FCF Full definition →	4,184,005,748,168.42	1,490,559,093,992.85	142,352,901,395.89	385,042,678,149.17	584,340,850,090.25	333,488,115,801.07	16,465,118,038.83	6,617,342.75	10.05	6.63
Quick Ratio Full definition →	2.58	1.69	1.94	2.98	4.62	4.49	3.04	2.33	3.54	3.32
Current Ratio Full definition →	4.13	2.33	2.36	2.98	4.62	4.49	3.77	3.10	4.40	4.40
Net Debt/EBITDA Full definition →	12.95	9.42	9.96	9.82	8.13	8.00	9.58	8.25	7.10	6.59
Debt/Assets Full definition →	62.57%	67.16%	70.89%	70.38%	68.30%	71.63%	68.08%	71.46%	73.83%	77.80%
Debt/Equity Full definition →	1.94	2.48	2.97	3.01	2.97	3.46	3.05	3.37	4.14	4.94
Asset Turnover Full definition →	0.11	0.12	0.14	0.13	0.13	0.13	0.13	0.15	0.16	0.16
Operating CF/Net income Full definition →	(0.70)	(1.08)	(0.75)	(0.67)	(1.70)	(1.29)	(1.43)	(0.72)	(1.17)	(5.49)
Capex/Depreciation Full definition →	(0.02)	(0.10)	0.02	0.04	0.13	0.30	0.11	(0.73)	0.73	2.06
Interest Coverage Full definition →	(0.02)	0.09	0.12	0.57	1.08	0.59	0.82	0.91	1.15	1.28
ROE Full definition →	(20.69%)	(47.33%)	(183.12%)	356.11%	46.08%	42.29%	133.73%	(1,159.74%)	320.38%	41.67%
ROA Full definition →	(3.99%)	(4.66%)	(6.07%)	(4.57%)	(1.91%)	(2.77%)	(3.74%)	(4.32%)	(3.35%)	(0.61%)
ROIC Full definition →	(0.04%)	0.23%	0.33%	1.57%	2.85%	3.13%	2.73%	3.17%	4.36%	5.25%
Return on Tangible Assets Full definition →	(3.85%)	(5.67%)	(6.48%)	(5.21%)	(2.14%)	(3.11%)	(3.51%)	(4.86%)	(3.74%)	(0.72%)
Average Days of Receivables Full definition →	44.96	35.04	30.97	39.90	54.77	54.97	0.00	0.00	0.00	0.00
Research and Development Expense of Revenue Full definition →	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Selling, General and Administrative Expense of Revenue Full definition →	22.47%	12.58%	12.61%	10.50%	9.56%	11.65%	11.25%	11.48%	10.32%	11.77%
Intangible Assets out of Total Assets Full definition →	0.04	0.03	0.01	0.01	0.01	0.01	0.00	0.00	0.00	0.00
Share Based Compensation of Revenue Full definition →	3.29%	1.49%	1.44%	0.00%	0.00%	0.02%	0.00%	0.00%	0.00%	0.00%
Graham Net Nets Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Graham Number Full definition →	0.00	0.00	0.00	380,181.33	415,282.78	512,829.63	0.00	3,758,989.22	0.00	0.00
Earnings Yield Full definition →	(0.08%)	(0.11%)	(1.15%)	(0.62%)	(0.28%)	(0.39%)	(0.72%)	(16.46%)	(7,702.35%)	(95,727.54%)
Free Cash Flow Yield Full definition →	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Revenue per Share Full definition →	5.24	6.76	7.05	6.53	6.29	6.31	78.53	51,162.50	0.00	0.00
Operating CF per Share Full definition →	1.32	2.75	2.38	1.58	1.63	1.75	31.51	10,467.00	0.00	0.00
Capex per Share Full definition →	(0.06)	(0.35)	0.08	0.09	0.23	0.53	2.05	(8,631.00)	0.00	0.00
Free Cash Flow per Share Full definition →	1.26	2.40	2.45	1.67	1.86	2.28	33.56	1,836.00	0.00	0.00
Cash per Share Full definition →	1.72	1.42	1.94	2.23	4.41	4.16	57.24	19,903.50	0.00	0.00
Shareholders Equity per Share Full definition →	18.73	14.31	13.10	11.71	11.59	9.92	156.30	70,764.00	0.00	0.00
Interest Debt per Share Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.24	0.00	0.00
Book value per Share Full definition →	18.73	14.31	13.10	11.71	11.59	9.92	156.30	70,764.00	0.00	0.00
Free Cash Flow Full definition →	10.60	20.80	22.71	16.15	18.02	22.14	32.76	3.67	41.97	63.27
Working Capital Full definition →	24.22	14.07	16.42	18.94	40.69	38.60	51.01	35.87	58.28	49.75
Capital Expenditures Full definition →	(0.50)	(3.02)	0.70	0.89	2.24	5.10	2.00	(17.26)	15.98	42.14
Net Current Asset Value Full definition →	(299.37)	(309.20)	(358.33)	(342.64)	(325.05)	(319.28)	(462.57)	(473.87)	(461.64)	(442.65)
EV/EBIT Full definition →	0.00	19,833,114,189,231.86	1,316,546,894,579.87	572,739,454,460.87	571,618,476,277.33	378,477,389,034.72	21,925,823,501.09	826,295.87	11.24	9.71
Capex to Sales Full definition →	0.01	0.05	(0.01)	(0.01)	(0.04)	(0.08)	(0.03)	0.17	(0.15)	(0.42)
Price to Operating Income Full definition →	0.00	19,833,114,189,043.06	1,316,546,894,440.49	572,739,454,431.45	571,618,476,261.51	378,477,389,019.71	21,925,823,484.42	826,280.98	0.00	0.00
Other line items
Depreciation/Fixed assets Full definition →	0.06	0.08	0.07	0.05	0.04	0.04	0.03	0.04	0.04	0.04
Cash ROIC Full definition →	2.22%	4.69%	4.55%	3.39%	3.68%	4.71%	4.86%	0.56%	6.36%	10.35%
Accounts Receivable Turnover Full definition →	9.93	10.59	11.70	10.15	7.60	6.67	6.73	0.00	0.00	0.00
Accounts Payable Turnover Full definition →	1.76	1.78	1.63	1.77	1.82	1.76	1.75	1.97	2.06	2.08
Inventory Turnover Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Average Days of Payables Full definition →	209.68	236.66	238.43	182.14	217.02	205.66	260.98	178.63	177.20	161.70
Days of Inventory on Hand Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Average Receivables Full definition →	4.45	5.53	5.58	6.22	8.03	9.19	11.39	—	—	—
Average Payables Full definition →	7.63	9.16	11.35	10.84	10.39	11.14	14.73	17.73	17.10	15.89
Average Assets Full definition →	399.14	473.36	482.88	496.22	486.87	477.33	574.91	676.43	661.02	627.72
Average Common Equity Full definition →	76.92	46.62	16.02	(6.37)	(20.16)	(31.31)	(16.08)	2.52	(6.92)	(9.24)

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Columns are period end dates · fundamentals updated 2 Oct 2026

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