Regency Centers (REG) FY2024 results: revenue $1.5 billion, up 9.9% on the year
Regency Centers Corp. (REG) reported revenue of $1.5 billion for fiscal 2024, the year ended 31 December 2024, up 9.9% on the year before. Net income was $400 million, up 9.8%, and diluted earnings per share $2.11. The figures are the company's own, from the 10-K it filed with the SEC on 14 February 2025.
Revenue
$1.5 billion
+9.9% on the year
FY2017FY2024
Operating margin
72.0%
71.9% a year earlier
FY2017FY2024
Net income
$400 million
+9.8% on the year
FY2017FY2024
Diluted EPS
$2.11
+3.4% on the year
FY2017FY2024
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
790
720
656
+9.8%
Capital expenditure
343
233
195
+47.5%
Free cash flow
447
487
460
-8.2%
Free cash flow margin
30.7%
36.8%
37.6%
Cash from investing
-327
-342
-206
Cash from financing
-493
-355
-476
Depreciation and amortisation
395
352
320
+12.0%
Share-based compensation
23.5
20.1
16.5
+17.1%
Buybacks
200
20.0
75.4
+900.0%
Dividends paid
490
453
428
+8.2%
Dividend per share
$2.71
$2.62
$2.52
+3.6%
Shares outstanding at period end
181m
185m
n/a
-1.7%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
6,724
7,033
6,097
-4.4%
Non-controlling interest
176
159
81.1
+10.6%
Debt
4,409
4,154
3,727
+6.1%
Other liabilities
1,083
1,081
955
+0.2%
Total liabilities and equity
12,392
12,427
10,860
-0.3%
Fixed assets
8.0
6.7
5.8
+19.4%
Goodwill
167
167
167
-0.2%
Intangible assets
230
283
198
-18.8%
Cash and equivalents
61.9
91.4
68.8
-32.3%
Other assets
11,925
11,878
10,421
+0.4%
Total assets
12,392
12,427
10,860
-0.3%
10-K for the year ended 31 December 2024, filed 14 February 2025: the filing.