SRG
Seritage Growth Properties
NYSE: SRG · REAL ESTATE · REAL ESTATE SERVICES
$2.55
-2.30% today
Updated 2026-04-29
Market cap
$143.63M
P/E ratio
—
P/S ratio
6.96x
EPS (TTM)
$-1.30
Dividend yield
—
52W range
$2 – $5
Volume
0.2M
Seritage Growth Properties (SRG) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $273.10M | $113.18M | $248.67M | $241.02M | $214.75M | $168.63M | $116.50M | $116.68M | $107.06M | $20.78M | $17.62M | $18.20M |
| Revenue growth (YoY) | — | -58.6% | +119.7% | -3.1% | -10.9% | -21.5% | -30.9% | +0.2% | -8.3% | -80.6% | -15.2% | +3.3% |
| Cost of revenue | $96.05M | $94.20M | $65.19M | $65.35M | $71.15M | $80.72M | $77.93M | $80.26M | $65.72M | $27.41M | $20.27M | $16.44M |
| Gross profit | $177.04M | $18.98M | $183.48M | $175.66M | $143.60M | $87.92M | $38.56M | $36.42M | $41.34M | $-6.63M | $-2.65M | $1.76M |
| Gross margin | 64.8% | 16.8% | 73.8% | 72.9% | 66.9% | 52.1% | 33.1% | 31.2% | 38.6% | -31.9% | -15.0% | 9.7% |
| R&D | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.00 | $0.00 | $1.00 | $7.00 | — | — |
| SG&A | $3.85M | $18.71M | $17.47M | $27.90M | $34.79M | $39.16M | $28.85M | $41.95M | $47.63M | $45.99M | $30.02M | $31.95M |
| Operating income | $58.90M | $9.02M | $-30.45M | $-114.57M | $-118.12M | $-55.82M | $-86.28M | $-56.73M | $-47.41M | $-67.09M | $-45.79M | $-36.47M |
| Operating margin | 21.6% | 8.0% | -12.2% | -47.5% | -55.0% | -33.1% | -74.1% | -48.6% | -44.3% | -322.9% | -259.9% | -200.3% |
| EBITDA | $173.19M | $44.08M | $170.66M | $211.74M | $106.00M | $108.69M | $34.60M | $120.56M | $8.44M | $-95.66M | $-113.67M | $-41.51M |
| EBITDA margin | 63.4% | 38.9% | 68.6% | 87.9% | 49.4% | 64.5% | 29.7% | 103.3% | 7.9% | -460.3% | -645.1% | -228.0% |
| EBIT | $58.90M | $-21.44M | $-90.64M | $-144.34M | $-226.70M | $4.11M | $-61.40M | $69.19M | $-32.90M | $-110.30M | $-126.98M | $-47.94M |
| Interest expense | $0.00 | $60.65M | $63.59M | $70.11M | $90.02M | $94.52M | $91.32M | $107.97M | $86.73M | $44.57M | $24.97M | $20.27M |
| 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% |
| Net income | $-4.37M | $-22.34M | $-51.56M | $-73.75M | $-73.47M | $-59.40M | $-105.03M | $-28.15M | $-73.94M | $-154.91M | $-153.54M | $-68.22M |
| Net income growth (YoY) | — | -410.9% | -130.8% | -43.1% | +0.4% | +19.2% | -76.8% | +73.2% | -162.7% | -109.5% | +0.9% | +55.6% |
| Profit margin | -1.6% | -19.7% | -20.7% | -30.6% | -34.2% | -35.2% | -90.2% | -24.1% | -69.1% | -745.5% | -871.3% | -374.7% |