WHLR
Wheeler Real Estate Investment Trust Inc
NASDAQ: WHLRD · REAL ESTATE · REIT - RETAIL
$35.64
-1.00% today
Updated 2026-04-29
Market cap
$33.60M
P/E ratio
—
P/S ratio
0.34x
EPS (TTM)
$-1.87
Dividend yield
—
52W range
$32 – $42
Volume
0.0M
Wheeler Real Estate Investment Trust Inc (WHLRD) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.50M | $1.85M | $1.93M | $2.43M | $8.71M | $17.16M | $26.37M | $44.16M | $58.53M | $65.79M | $63.05M | $60.83M | $61.31M | $76.64M | $102.33M | $104.57M | $100.37M |
| Revenue growth (YoY) | — | -58.8% | +3.8% | +26.4% | +257.7% | +97.1% | +53.7% | +67.4% | +32.6% | +12.4% | -4.2% | -3.5% | +0.8% | +25.0% | +33.5% | +2.2% | -4.0% |
| Cost of revenue | $1.18M | $1.25M | $1.27M | $1.34M | $1.71M | $12.54M | $25.23M | $32.54M | $41.62M | $45.56M | $19.13M | $18.89M | $19.62M | $25.73M | $34.87M | $35.10M | $78.93M |
| Gross profit | $3.32M | $599902.00 | $660030.00 | $1.09M | $6.99M | $4.62M | $1.14M | $11.63M | $16.91M | $20.22M | $43.92M | $41.94M | $41.69M | $50.91M | $67.45M | $69.47M | $21.44M |
| Gross margin | 73.8% | 32.4% | 34.3% | 44.9% | 80.3% | 26.9% | 4.3% | 26.3% | 28.9% | 30.7% | 69.7% | 69.0% | 68.0% | 66.4% | 65.9% | 66.4% | 21.4% |
| R&D | — | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| SG&A | — | — | $321178.00 | $1.31M | $5.30M | $5.37M | $9.33M | $7.52M | $6.86M | $8.30M | $6.38M | $5.71M | $7.02M | $8.62M | $11.75M | $10.98M | $11.71M |
| Operating income | $1.76M | $-258162.00 | $-554599.00 | $-1.21M | $-1.88M | $-11.75M | $-5.27M | $5.00M | $2.57M | $14.16M | $10.85M | $18.42M | $19.51M | $24.60M | $29.41M | $37.53M | $36.49M |
| Operating margin | 39.2% | -13.9% | -28.8% | -49.5% | -21.6% | -68.5% | -20.0% | 11.3% | 4.4% | 21.5% | 17.2% | 30.3% | 31.8% | 32.1% | 28.7% | 35.9% | 36.4% |
| EBITDA | $3.15M | $474690.00 | $190332.00 | $-383505.00 | $1.59M | $-3.53M | $11.61M | $25.64M | $28.80M | $41.25M | $36.12M | $35.83M | $38.49M | $32.47M | $62.33M | $55.65M | $71.56M |
| EBITDA margin | 69.8% | 25.6% | 9.9% | -15.8% | 18.3% | -20.5% | 44.0% | 58.1% | 49.2% | 62.7% | 57.3% | 58.9% | 62.8% | 42.4% | 60.9% | 53.2% | 71.3% |
| EBIT | $1.76M | $-258162.00 | $-554599.00 | $-1.21M | $-1.88M | $-11.75M | $-5.27M | $5.00M | $2.57M | $14.16M | $16.06M | $19.00M | $23.68M | $12.93M | $33.83M | $30.33M | $48.62M |
| Interest expense | $1.59M | $1.76M | $1.88M | $966113.00 | $2.50M | $6.81M | $9.04M | $13.36M | $17.16M | $20.23M | $18.98M | $17.09M | $33.03M | $21.39M | $27.70M | $29.56M | $33.76M |
| 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% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $179009.00 | $-258162.00 | $-554599.00 | $-1.16M | $-3.66M | $-10.55M | $-20.03M | $-11.89M | $-13.60M | $-16.50M | $-8.04M | $245000.00 | $-9.44M | $-12.45M | $-4.69M | $-9.58M | $8.77M |
| Net income growth (YoY) | — | -244.2% | -114.8% | -109.5% | -215.1% | -188.2% | -89.8% | +40.6% | -14.3% | -21.4% | +51.3% | +103.0% | -3954.3% | -31.9% | +62.4% | -104.3% | +191.6% |
| Profit margin | 4.0% | -13.9% | -28.8% | -47.7% | -42.0% | -61.5% | -75.9% | -26.9% | -23.2% | -25.1% | -12.8% | 0.4% | -15.4% | -16.2% | -4.6% | -9.2% | 8.7% |