CBL & Associates Properties, Inc. CBL
CBL & Associates Properties, Inc. owns and manages a national portfolio of market-dominant properties located in dynamic and growing communities. CBL’s owned and managed portfolio is comprised of 88 properties totaling 55.6 million square feet across 23 states, including 56 high-quality enclosed malls, outlet centers and lifestyle retail centers as well as more than 25 open-air centers and other assets. CBL seeks to continuously strengthen its company and portfolio through active management, aggressive leasing and profitable reinvestment in its properties. CBL & Associates Properties, Inc. is headquartered in Chattanooga, TN. CBL & Associates Properties, Inc. was incorporated in 1978 in Delaware, USA.
This overview is background from company filings and may not reflect the latest quarter — the figures above are the current data, and the SEC filings are the primary source.
Plain-English: the Snapshot is the quick read — what it pays you (yield, dividend), how its cash flow looks (FFO/AFFO, Price/OCF) and how much debt it carries. Switch to Expert in the header to hide these explanations.
Snapshot
Reported FFO / FFO, as adjusted / leverage are from the Q1 2026 earnings release (filed 2026-05-08) — 8-K, EX-99.1 ✓ Verified to filing.
Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.
$10,000 invested
Illustrative income only, at today's price and latest declared dividend — it excludes price changes, dividend cuts and taxes. Not a forecast.
Model CBL yourself — any amount, shares, per-payment & a multi-year DRIP projection →
Balance sheet (latest FY: 2025)
Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.
Financial history
| FY | Revenue | Net income | D&A | EBITDA | Op. cash flow |
|---|---|---|---|---|---|
| 2025 | $578.37M | $135.97M | $165.16M | $476.42M | $249.68M |
| 2024 | $515.56M | $58.97M | $140.59M | $353.85M | $202.22M |
| 2023 | $535.29M | $6.55M | $190.50M | $367.92M | $183.52M |
| 2022 | $563.01M | $-93.48M | $256.31M | $377.22M | $208.23M |
| 2021 | $576.88M | $-622.17M | $208.08M | $-167.97M | $38.77M |
| 2020 | $575.86M | $-404.09M | $215.03M | $67.25M | $-69.37M |
Dividends
Recent regular dividends per share (special distributions excluded), oldest → newest.
| Ex-date | Record | Payment | Declared | Amount | Freq. |
|---|---|---|---|---|---|
| 2026-06-12 | 2026-06-12 | 2026-06-30 | 2026-05-07 | $0.62 | Quarterly |
| 2026-04-10 | 2026-04-10 | 2026-04-17 | 2026-02-11 | $0.17 | Special |
| 2026-03-17 | 2026-03-17 | 2026-03-31 | 2026-02-11 | $0.45 | Quarterly |
| 2025-11-25 | 2025-11-25 | 2025-12-11 | 2025-11-05 | $0.45 | Quarterly |
| 2025-09-15 | 2025-09-15 | 2025-09-30 | 2025-08-04 | $0.45 | Quarterly |
| 2025-06-13 | 2025-06-13 | 2025-06-30 | 2025-05-01 | $0.40 | Semi-Annual |
| 2025-03-13 | 2025-03-13 | 2025-03-31 | 2025-02-12 | $1.20 | Special |
| 2024-12-13 | 2024-12-13 | 2024-12-31 | 2024-10-14 | $0.40 | Quarterly |
| 2024-11-25 | 2024-11-25 | 2024-12-11 | 2024-10-14 | $0.40 | Quarterly |
| 2024-09-13 | 2024-09-13 | 2024-09-30 | 2024-08-07 | $0.40 | Quarterly |
| 2024-06-13 | 2024-06-13 | 2024-06-28 | 2024-05-08 | $0.40 | Quarterly |
| 2024-03-14 | 2024-03-15 | 2024-03-29 | 2024-02-08 | $0.40 | Quarterly |
| 2023-12-11 | 2023-12-12 | 2023-12-29 | 2023-11-08 | $0.38 | Quarterly |
| 2023-09-14 | 2023-09-15 | 2023-09-29 | 2023-08-09 | $0.38 | Quarterly |
| 2023-06-13 | 2023-06-14 | 2023-06-30 | 2023-05-09 | $0.38 | Quarterly |
| 2023-03-14 | 2023-03-15 | 2023-03-31 | 2023-02-16 | $0.38 | Quarterly |
| 2022-12-09 | 2022-12-12 | 2023-01-18 | 2022-11-29 | $2.20 | Special |
| 2022-11-30 | 2022-12-01 | 2022-12-30 | 2022-11-10 | $0.25 | Quarterly |
| 2022-09-14 | 2022-09-15 | 2022-09-30 | 2022-08-10 | $0.25 | Quarterly |
| 2022-07-08 | 2022-07-11 | 2022-07-20 | 2022-06-30 | $0.25 | Irregular |
Coverage (payout of operating cash flow): 30.88%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).
Recent news — CBL
CBL International Announces 1-for-13 Reverse Share Split
CBL Properties Announces DICK'S House of Sport to Join CoolSprings Galleria in Nashville, Tennessee
CBL Stock Doubled in a Year. So What Should Investors Make Of This Insider Sale?
CBL Properties and Greystar Announce Upscale Multi-Family Development at CoolSprings Galleria in Nashville, Tennessee
Buy 2 Ideal June DiviDogs Per Barron's April To June Picks
What I Wish I Knew Before Investing In REITs
CBL Properties Closes on Strategic Land Sale at Harford Mall in Bel Air, Maryland
CBL Properties Closes on Strategic Land Sale at Harford Mall in Bel Air, Maryland
Headlines via Financial Modeling Prep; links open the original publisher in a new tab. Not an endorsement or investment advice.
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Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.