SITE Centers Corp.SITCEarnings & Financial Report
SITE Centers Corp. is a publicly traded real estate investment trust that invests in shopping centers. Founded in 1965 by Bert Wolstein, the company is headquartered in Beachwood, Ohio. As of December 31, 2019 the company owned interests in 170 shopping centers in the United States containing 57.0 million square feet and managed 13.2 million square feet for Retail Value Inc. Notable properties wholly owned by the company include Shopper's World in Framingham, Massachusetts. Its major tenants ...
Revenue
$33.5M
Gross Profit
N/A
Operating Profit
N/A
Net Profit
$46.5M
Gross Margin
N/A
Operating Margin
N/A
Net Margin
138.9%
YoY Growth
-61.8%
EPS
$0.88
SITE Centers Corp. Q2 FY2025 Financial Summary
SITE Centers Corp. reported revenue of $33.5M (down 61.8% YoY) for Q2 FY2025, with a net profit of $46.5M (down 80.5% YoY) (138.9% margin).
Key Financial Metrics
| Total Revenue | $33.5M |
|---|---|
| Net Profit | $46.5M |
| Gross Margin | N/A |
| Operating Margin | N/A |
| Report Period | Q2 FY2025 |
Revenue Breakdown
SITE Centers Corp. Q2 FY2025 revenue of $33.5M breaks down across 2 segments, led by Unconsolidated Joint Ventures at $20.6M (61.6% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Unconsolidated Joint Ventures | $20.6M | 61.6% |
| Other | $12.8M | 38.4% |
SITE Centers Corp. Revenue by Segment — Quarterly Trend
SITE Centers Corp. revenue by segment across the last 4 reported quarters, showing how each business line (such as Unconsolidated Joint Ventures and Other) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Unconsolidated Joint Ventures | $20.1M | $19.5M | $20.6M | $20.9M |
| Other | — | $7.6M | $12.8M | $13.3M |
SITE Centers Corp. Annual Revenue by Year
SITE Centers Corp. annual revenue history includes year-by-year totals (for example, 2025 revenue was $123.6M).
| Year | Annual Revenue |
|---|---|
| 2025 | $123.6M |
| 2024 | $277.5M |
SITE Centers Corp. Quarterly Revenue & Net Profit History
SITE Centers Corp. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $20.5M | -41.4% | $134.4M | 657.2% |
| Q3 FY2025 | $27.1M | -55.6% | $-6.2M | -22.7% |
| Q2 FY2025 | $33.5M | -61.8% | $46.5M | 138.9% |
| Q1 FY2025 | $42.6M | -54.7% | $3.1M | 7.2% |
| Q4 FY2024 | $34.9M | +12.6% | N/A | N/A |
| Q3 FY2024 | $61.0M | -57.9% | $323.0M | 529.4% |
| Q2 FY2024 | $87.5M | -36.7% | $238.2M | 272.2% |
| Q1 FY2024 | $94.1M | -32.2% | $-23.6M | -25.0% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $94.1M | $87.5M | $61.0M | $34.9M | $42.6M | $33.5M | $27.1M | $20.5M |
| YoY Growth | -32.2% | -36.7% | -57.9% | 12.6% | -54.7% | -61.8% | -55.6% | -41.4% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $3.89B | $4.05B | $3.13B | $933.6M | $929.8M | $959.0M | $654.0M | $418.7M |
| Liabilities | $1.77B | $1.71B | $475.2M | $416.9M | $410.1M | $472.4M | $345.7M | $84.0M |
| Equity | $2.12B | $2.33B | $2.65B | $516.7M | $519.6M | $486.7M | $308.3M | $334.8M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $40.0M | $66.5M | $36.8M | $112.0M | $5.7M | $17.2M | $5.2M | $19.6M |