Regency Centers Corporation Financial Ratios — REGCP Stock

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Return on Common Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Assets (%)	1.29	0.66	3.86	4.62	3.58	3.8	2.25	2.26	2.17	0.41	3.33	4.46	3.13	3.23	4.15
Return on Capital (%)	8.68	6.79	17.69	- -	17.03	20.65	- -	12.85	12.17	6.47	18.63	24.13	17.3	17.17	19.76
Return on Invested Capital (%)	3.99	3.41	4.41	- -	5.13	5.09	- -	3.53	3.44	2.51	4.31	4.52	4.17	4.3	4.77
Gross Margin (%)	74.38	74.76	74.49	74.56	74.58	73.73	74.22	72.71	72.98	69.19	71.99	71.74	70.15	70.21	70.57
EBITDA Margin (%)	63.62	61.87	60.59	61.21	61.41	60.17	55.94	63.03	61.8	56.58	62.82	62.99	59.84	60.93	62.17
Operating Margin (%)	35.39	35.12	33.6	34.31	35.92	34.38	24.34	33.91	32.64	26.53	38.78	38.59	35.4	35.34	37.53
Incremental Operating Margin (%)	194.07	-1.06	-14.03	41.38	63.13	14.69	7.66	102.9	-84.33	85.8	121.76	34.8	-4.23	34.74	69.52
Pretax Margin (%)	8.46	12.45	17.24	24.68	20.52	19.48	14.41	22.51	21.47	4.66	31.41	39.87	28.04	28.19	34.82
Profit Margin (%)	10.92	5.46	30.63	34.84	26.34	26.84	17.89	22.22	21.13	4.42	30.99	39.45	27.57	27.54	33.95
Net Income to Common Margin (%)	6.74	-1.41	26.33	30.92	22.64	23.42	16.25	22.22	21.13	4.42	30.99	39.45	27.18	26.6	33.07
Effective Tax Rate (%)	7.52	22.41	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dvd Payout Ratio (%)	760.53	1,144.59	259.25	151.18	184.41	199.67	225.23	147.14	158.08	604.16	108.6	86.84	121.31	120.89	94.6
Sustainable Growth Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Credit (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Total Debt	1,995	1,962	1,881	2,054	1,906	1,697	4,132	4,212	4,570	4,521	4,298	4,295	4,798	5,018	5,338
ST Debt	40	70	- -	- -	- -	15	60	145	220	- -	- -	- -	152	65	120
LT Debt	1,955	1,892	1,881	2,054	1,906	1,682	4,072	4,067	4,350	4,521	4,298	4,295	4,646	4,953	5,218
Total Debt/EBITDA	6.67	6.69	6.35	6.24	5.45	4.59	7.5	5.96	6.53	7.86	5.87	5.57	6.06	5.67	5.53
Net Debt/EBITDA	6.59	6.55	5.99	5.79	5.22	4.41	6.45	5.19	5.44	6.17	4.95	4.75	5.14	4.91	4.8
Total Debt/EBIT	11.98	11.79	11.45	11.13	9.31	8.03	17.25	11.08	12.35	16.77	9.51	9.09	10.25	9.77	9.16
Net Debt/EBIT	11.84	11.53	10.8	10.34	8.93	7.71	14.82	9.65	10.29	13.16	8.02	7.75	8.69	8.47	7.95
EBITDA to Interest Expense	2.57	2.81	2.93	3.25	3.67	4.43	4.37	5	4.84	3.73	5.04	5.27	5.13	4.69	4.68
EBITDA-CapEx/Interest Expense	1.26	2.81	2.93	3.25	3.67	4.43	4.37	5	4.84	3.73	5.04	5.27	5.13	4.69	4.68
EBIT to Interest Expense	1.43	1.6	1.63	1.82	2.15	2.53	1.9	2.69	2.56	1.75	3.11	3.23	3.04	2.72	2.82
Interest Expense	117	104	101	101	95	83	126	141	145	154	145	146	154	189	206
Common Equity/Total Assets	-16.6	-21.64	-22.33	-21	-22.35	-22.13	-10.38	-11.46	-12.63	-16.13	-16.8	-16.24	-15.05	-15.96	-15.28
Long-Term Debt/Equity (%)	104.57	108.38	101.09	106.04	91.53	64.07	60.48	63.05	69.15	74.63	70.34	69.52	64.6	71.78	72.66
Long-Term Debt/Capital (%)	117.1	128.86	139.34	134.48	143.9	158.4	134.98	135.1	134.25	159.74	168.06	164.39	140.25	143.94	135.5
Long-Term Debt/Total Assets (%)	49.04	49.1	48.08	48.93	45.57	37.46	36.54	37.16	39.07	41.34	39.82	39.55	37.39	39.97	40.14
Total Debt/Equity (%)	106.71	112.39	101.09	106.04	91.53	64.64	61.37	65.3	72.65	74.63	70.34	69.52	66.72	72.72	74.33
Total Debt/Capital (%)	119.5	133.62	139.34	134.48	143.9	159.82	136.97	139.92	141.04	159.74	168.06	164.39	144.84	145.83	138.62
Total Debt/Total Assets (%)	50.04	50.92	48.08	48.93	45.57	37.8	37.08	38.48	41.05	41.34	39.82	39.55	38.61	40.5	41.06
Net Debt to Equity	105.42	109.95	95.32	98.51	87.75	62.08	52.72	56.9	60.52	58.55	59.34	59.25	56.58	63.08	64.53
Net Debt/Capital (%)	118.87	132.74	139.74	134.98	141.89	155.41	119.45	123.77	121.73	144.53	147.13	143.77	126.06	128.59	123.71
EBITDA	299	293	296	329	350	370	551	707	700	575	733	771	791	886	966
EBITDA-CapEx	147	293	296	329	350	370	551	707	700	575	733	771	791	886	966
Operating Income (Loss)	166	166	164	185	205	211	240	380	370	270	452	472	468	514	583

Liquidity (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Cash Ratio	0.08	0.11	0.55	0.63	0.22	0.09	0.15	0.12	0.26	1.24	0.29	0.21	0.17	0.12	0.2
Current Ratio	1.13	0.77	1.4	1.37	1.07	0.84	0.75	0.75	0.76	1.84	0.85	0.81	0.64	0.73	0.8
Quick Ratio	0.94	0.62	1.15	1.17	0.87	0.81	0.74	0.59	0.65	1.72	0.76	0.8	0.59	0.72	0.77
CFO/Avg Current Liab	1.79	1.52	1.46	1.69	1.65	1.87	2.1	1.84	1.55	1.36	2.11	2.05	1.74	1.63	1.71
Common Equity/Total Assets	-16.6	-21.64	-22.33	-21	-22.35	-22.13	-10.38	-11.46	-12.63	-16.13	-16.8	-16.24	-15.05	-15.96	-15.28
Long-Term Debt/Equity (%)	104.57	108.38	101.09	106.04	91.53	64.07	60.48	63.05	69.15	74.63	70.34	69.52	64.6	71.78	72.66
Long-Term Debt/Capital (%)	117.1	128.86	139.34	134.48	143.9	158.4	134.98	135.1	134.25	159.74	168.06	164.39	140.25	143.94	135.5
Long-Term Debt/Total Assets (%)	49.04	49.1	48.08	48.93	45.57	37.46	36.54	37.16	39.07	41.34	39.82	39.55	37.39	39.97	40.14
Total Debt/Equity (%)	106.71	112.39	101.09	106.04	91.53	64.64	61.37	65.3	72.65	74.63	70.34	69.52	66.72	72.72	74.33
Total Debt/Capital (%)	119.5	133.62	139.34	134.48	143.9	159.82	136.97	139.92	141.04	159.74	168.06	164.39	144.84	145.83	138.62
Total Debt/Total Assets (%)	50.04	50.92	48.08	48.93	45.57	37.8	37.08	38.48	41.05	41.34	39.82	39.55	38.61	40.5	41.06
CFO/Total Liabilities	10.28	12.2	12.22	12.29	13.6	15.94	10.65	13.58	12.83	10.23	14.08	14.01	13.75	14.39	14.22
CFO/CapEx	1.43	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	0.03	-0.05	-0.03	- -	-0.01	-0.03	0.01	0.05	0.02	-0.02	0.01	0.02	- -	0.02	0.05

Working Capital (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Accounts Receivable Turnover	10.53	8.87	8.8	8.71	7.9	7.52	9.88	9.34	8.43	7.56	9.06	8.41	7.94	7.94	7.7
Days Sales Outstanding	34.68	41.13	41.5	41.91	46.21	48.52	36.96	39.09	43.29	48.29	40.31	43.39	45.97	45.97	47.37
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	2.37	1.04	0.91	0.83	0.84	1.06	1.36	1.33	1.4	1.21	1.05	1.08	1.17	1.15	1.17
Accounts Payable Turnover Days	154.28	349.57	401.2	437.84	435.62	343.09	268.45	273.9	261.41	300.83	348.95	337.38	312.45	316.46	313.04
Cash Conversion Cycle	-119.6	-308.44	-359.7	-395.93	-389.41	-294.57	-231.49	-234.8	-218.11	-252.54	-308.64	-293.99	-266.48	-270.49	-265.66
Inventory to Cash Days	34.68	41.13	41.5	41.91	46.21	48.52	36.96	39.09	43.29	48.29	40.31	43.39	45.97	45.97	47.37
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Market Capitalization	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Cash & Cash Equivalents	11	22	81	114	37	13	45	45	113	376	93	66	85	56	105
+ Preferred Equity and Hybrid Capital	275	325	325	325	325	325	- -	- -	- -	- -	- -	- -	225	225	225
+ Minority/Non Controlling Interest	61	15	18	30	29	33	41	52	77	73	73	81	159	176	275
+ Total Debt	1,995	1,962	1,881	2,054	1,906	1,697	4,132	4,212	4,570	4,521	4,298	4,295	4,798	5,018	5,338
Enterprise Value	2,320	2,280	2,144	2,295	2,223	2,042	4,128	4,219	4,533	4,218	4,277	4,309	5,098	5,363	5,733
Total Capital	1,670	1,468	1,350	1,527	1,325	1,062	3,017	3,010	3,240	2,830	2,557	2,612	3,313	3,441	3,851
Total Debt/Capital (%)	119.5	133.62	139.34	134.48	143.9	159.82	136.97	139.92	141.04	159.74	168.06	164.39	144.84	145.83	138.62
Total Debt / EV	0.86	0.86	0.88	0.89	0.86	0.83	1	1	1.01	1.07	1	1	0.94	0.94	0.93
EV/Sales	4.93	4.81	4.38	4.27	3.9	3.32	4.19	3.76	4	4.15	3.67	3.52	3.85	3.69	3.69
EV/EBITDA	7.75	7.78	7.23	6.97	6.35	5.52	7.5	5.97	6.47	7.34	5.84	5.59	6.44	6.05	5.94
EV/EBIT	13.94	13.7	13.04	12.43	10.86	9.67	17.23	11.1	12.26	15.65	9.46	9.12	10.89	10.44	9.83
EV/Cash Flow to Firm	7.13	6.74	6.09	6.04	5.84	5.36	6.83	5.61	5.92	6.46	5.32	5.37	5.83	5.48	5.54
EV/Free Cash Flow to Firm	4.85	6.74	6.09	6.04	5.84	5.36	6.83	5.61	5.92	6.46	5.32	5.37	5.83	5.48	5.54
Diluted Market Cap	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Enterprise Value	2,320	2,280	2,144	2,295	2,223	2,042	4,128	4,219	4,533	4,218	4,277	4,309	5,098	5,363	5,733
EV per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Sales	470	474	489	538	570	614	984	1,121	1,133	1,016	1,166	1,224	1,322	1,454	1,554
TTM EBITDA	299	293	296	329	350	370	551	707	700	575	733	771	791	886	966
TTM Operating Income	166	166	164	185	205	211	240	380	370	270	452	472	468	514	583
TTM Cash Flow to Firm	325	338	352	380	381	381	604	752	766	653	805	802	874	979	1,034
TTM Free Cash Flow to Firm	478	338	352	380	381	381	604	752	766	653	805	802	874	979	1,034

Multiples (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Price/Free Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	13.94	13.7	13.04	12.43	10.86	9.67	17.23	11.1	12.26	15.65	9.46	9.12	10.89	10.44	9.83
Enterprise Value	2,320	2,280	2,144	2,295	2,223	2,042	4,128	4,219	4,533	4,218	4,277	4,309	5,098	5,363	5,733
Low Price	- -	- -	- -	- -	- -	- -	24.7	- -	- -	- -	- -	- -	21.93	22.29	21.89
EV/Sales	4.93	4.81	4.38	4.27	3.9	3.32	4.19	3.76	4	4.15	3.67	3.52	3.85	3.69	3.69
EV/EBITDA	7.75	7.78	7.23	6.97	6.35	5.52	7.5	5.97	6.47	7.34	5.84	5.59	6.44	6.05	5.94
Price/Earnings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Tangible Book Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Tangible Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Tangible Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Tangible Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Sales Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Sales High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Sales Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Free Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Free Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Free Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Sales Average	4.93	4.81	4.38	4.27	3.9	3.32	4.19	3.76	4	4.15	3.67	3.52	3.85	3.69	3.69
EV/Sales High	4.93	4.81	4.38	4.27	3.9	3.32	4.19	3.76	4	4.15	3.67	3.52	3.85	3.69	3.69
EV/Sales Low	4.93	4.81	4.38	4.27	3.9	3.32	4.19	3.76	4	4.15	3.67	3.52	3.85	3.69	3.69
EV/EBITDA Average	7.75	7.78	7.23	6.97	6.35	5.52	7.5	5.97	6.47	7.34	5.84	5.59	6.44	6.05	5.94
EV/EBITDA High	7.75	7.78	7.23	6.97	6.35	5.52	7.5	5.97	6.47	7.34	5.84	5.59	6.44	6.05	5.94
EV/EBITDA Low	7.75	7.78	7.23	6.97	6.35	5.52	7.5	5.97	6.47	7.34	5.84	5.59	6.44	6.05	5.94
EV/EBIT Average	13.94	13.7	13.04	12.43	10.86	9.67	17.23	11.1	12.26	15.65	9.46	9.12	10.89	10.44	9.83
EV/EBIT High	13.94	13.7	13.04	12.43	10.86	9.67	17.23	11.1	12.26	15.65	9.46	9.12	10.89	10.44	9.83
EV/EBIT Low	13.94	13.7	13.04	12.43	10.86	9.67	17.23	11.1	12.26	15.65	9.46	9.12	10.89	10.44	9.83
Last Price	- -	- -	- -	- -	- -	- -	16.1	- -	- -	- -	- -	- -	24.99	22.82	23.56
High Price	- -	- -	- -	- -	- -	- -	25.5	- -	- -	- -	- -	- -	25.11	25.63	24.75
Enterprise Value Average	2,320	2,280	2,144	2,295	2,223	2,042	4,128	4,219	4,533	4,218	4,277	4,309	5,098	5,363	5,733
Enterprise Value High	2,320	2,280	2,144	2,295	2,223	2,042	4,128	4,219	4,533	4,218	4,277	4,309	5,098	5,363	5,733
Enterprise Value Low	2,320	2,280	2,144	2,295	2,223	2,042	4,128	4,219	4,533	4,218	4,277	4,309	5,098	5,363	5,733

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Shares Outstanding	90	90	92	94	97	104	171	168	167	169	171	171	184	181	183
Diluted Weighted Avg Shares	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic Weighted Avg Shares	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Revenue per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS, GAAP	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS from Cont Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted EPS, GAAP	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted EPS from Cont Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Free Cash Flow per Basic Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash & Equivalents per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Book Value per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Tangible Book Value per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Regency Centers Corporation

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)