JBGS
JBG SMITH Properties
NYSE: JBGS · REAL ESTATE · REIT - OFFICE
$15.00
+0.54% today
Updated 2026-04-30
Market cap
$916.12M
P/E ratio
—
P/S ratio
1.84x
EPS (TTM)
$-2.09
Dividend yield
4.49%
52W range
$14 – $24
Volume
0.6M
JBG SMITH Properties (JBGS) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $476.31M | $472.92M | $470.61M | $478.52M | $543.01M | $644.18M | $646.38M | $602.72M | $634.36M | $605.82M | $604.20M | $547.31M | $498.60M |
| Revenue growth (YoY) | — | -0.7% | -0.5% | +1.7% | +13.5% | +18.6% | +0.3% | -6.8% | +5.2% | -4.5% | -0.3% | -9.4% | -8.9% |
| Cost of revenue | $167.80M | $171.05M | $175.68M | $173.64M | $229.41M | $308.96M | $321.61M | $331.41M | $328.62M | $306.70M | $290.67M | $273.48M | $570.71M |
| Gross profit | $308.51M | $301.87M | $294.93M | $304.88M | $313.61M | $335.22M | $324.76M | $271.31M | $305.74M | $299.12M | $313.53M | $273.83M | $-72.11M |
| Gross margin | 64.8% | 63.8% | 62.7% | 63.7% | 57.8% | 52.0% | 50.2% | 45.0% | 48.2% | 49.4% | 51.9% | 50.0% | -14.5% |
| R&D | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| SG&A | $50.27M | $51.21M | $47.35M | $52.27M | $76.38M | $69.76M | $88.98M | $78.31M | $70.14M | $63.67M | $55.39M | $58.79M | $59.17M |
| Operating income | $149.67M | $138.62M | $102.60M | $112.79M | $-52.17M | $54.03M | $235.78M | $-37.61M | $-705000.00 | $21.68M | $47.95M | $6.26M | $-6.44M |
| Operating margin | 31.4% | 29.3% | 21.8% | 23.6% | -9.6% | 8.4% | 36.5% | -6.2% | -0.1% | 3.6% | 7.9% | 1.1% | -1.3% |
| EBITDA | $250.57M | $250.72M | $247.86M | $248.43M | $132.03M | $332.38M | $234.99M | $213.52M | $218.28M | $396.54M | $214.68M | $214.44M | $169.83M |
| EBITDA margin | 52.6% | 53.0% | 52.7% | 51.9% | 24.3% | 51.6% | 36.4% | 35.4% | 34.4% | 65.5% | 35.5% | 39.2% | 34.1% |
| EBIT | $140.67M | $137.52M | $100.87M | $-117.88M | $-465.44M | $-285.38M | $44.20M | $-12.08M | $-22.17M | $178.70M | $-946000.00 | $6.26M | $-20.24M |
| Interest expense | $64.49M | $55.98M | $50.82M | $50.05M | $58.14M | $74.45M | $52.70M | $62.95M | $67.96M | $75.93M | $91.06M | $116.58M | $151.66M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $88.66M | $81.30M | $46.29M | $61.97M | $-71.75M | $39.92M | $65.57M | $-62.30M | $-79.26M | $85.37M | $-79.98M | $-143.53M | $-139.06M |
| Net income growth (YoY) | — | -8.3% | -43.1% | +33.9% | -215.8% | +155.6% | +64.2% | -195.0% | -27.2% | +207.7% | -193.7% | -79.5% | +3.1% |
| Profit margin | 18.6% | 17.2% | 9.8% | 13.0% | -13.2% | 6.2% | 10.1% | -10.3% | -12.5% | 14.1% | -13.2% | -26.2% | -27.9% |