CDR · Cedar Realty Trust, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $29.66M | $34.55M | $34.63M | $34.01M | $127.55M | $135.54M |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | $2.57M | $2.30M | $3.19M | $10.10M | $18.03M | $16.86M |
| Total Operating Expenses | $20.95M | $24.31M | $27.26M | $33.81M | $103.93M | $110.87M |
| D&A | $7.70M | $8.68M | $19.37M | $9.64M | $39.45M | $48.41M |
| Operating Income | $7.98M | $13.65M | $10.03M | ($68.12M) | ($26.37M) | $21.45M |
| Interest Expense | $9.13M | $9.10M | - | - | $18.64M | $21.97M |
| Income Tax | - | - | - | - | - | - |
| Net Income | ($1.87M) | $4.54M | $2.01M | $44.03M | ($45.10M) | ($1.07M) |
| EPS - Basic | $0.79 | $0.14 | ($0.64) | ($0.92) | - | - |
| EPS - Diluted | $0.79 | $0.14 | ($0.64) | ($0.92) | - | - |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $5.15M | $23.09M | $6.52M | $3.90M | $3.04M | $1.64M |
| Accounts Receivable | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - |
| Total Assets | $165.19M | $216.93M | $233.08M | $234.16M | $1.02B | $1.18B |
| Current Liabilities | - | - | - | - | - | - |
| Long-term Debt | $140.01M | $142.96M | $131.46M | - | $527.04M | $624.27M |
| Total Liabilities | $158.83M | $160.72M | $159.63M | $151.96M | $576.93M | $689.79M |
| Stockholders' Equity | $6.36M | $56.21M | $73.46M | $82.20M | $437.38M | $483.50M |
| Retained Earnings | - | - | - | - | - | - |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $7.97M | $9.46M | $8.25M | ($20.46M) | $44.96M | $42.58M |
| Investing Cash Flow | $29.99M | $25.60M | ($3.70M) | $676.77M | $71.53M | ($18.37M) |
| Financing Cash Flow | ($52.72M) | ($20.34M) | ($2.11M) | ($646.12M) | ($114.86M) | ($25.32M) |
| CapEx | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | 26.9% | 39.5% | 29.0% | -200.3% | -20.7% | 15.8% |
| EBITDA margin | 52.9% | 64.6% | 84.9% | -171.9% | 10.3% | 51.5% |
| Net margin | -6.3% | 13.2% | 5.8% | 129.5% | -35.4% | -0.8% |
| Free cash flow margin | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 8.7% | 6.7% | 9.2% | 29.7% | 14.1% | 12.4% |
| Effective tax rate | - | - | - | - | - | - |
| Return on assets | -1.1% | 2.1% | 0.9% | 18.8% | -4.4% | -0.1% |
| Return on equity | -29.4% | 8.1% | 2.7% | 53.6% | -10.3% | -0.2% |
| Return on invested capital | - | - | - | - | - | - |
| Liquidity | ||||||
| Current ratio | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - |
| Leverage | ||||||
| Debt / Equity | 22.00 | 2.54 | 1.79 | - | 1.20 | 1.29 |
| Debt / Assets | 0.85 | 0.66 | 0.56 | - | 0.52 | 0.53 |
| Debt / EBITDA | 8.93 | 6.40 | 4.47 | - | 40.27 | 8.94 |
| Interest coverage | 0.9x | 1.5x | - | - | -1.4x | 1.0x |
| Equity multiplier | 25.96 | 3.86 | 3.17 | 2.85 | 2.32 | 2.43 |
| Liabilities / Assets | 0.96 | 0.74 | 0.68 | 0.65 | 0.57 | 0.59 |
| Efficiency | ||||||
| Asset turnover | 0.18 | 0.16 | 0.15 | 0.15 | 0.13 | 0.12 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | -14.1% | -0.2% | 1.8% | -73.3% | -5.9% | -5.9% |
| Revenue CAGR (3y) | -4.5% | -35.3% | -36.5% | -38.2% | -5.5% | -2.4% |
| Revenue CAGR (5y) | -26.2% | -24.8% | -25.5% | -25.3% | -3.3% | -1.9% |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | -41.5% | 36.0% | - | -158.3% | - | -14.4% |
| Net income growth (YoY) | - | 126.5% | -95.4% | - | -4107.0% | - |
| EPS growth (YoY) | 464.3% | - | 30.4% | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | -88.7% | -23.5% | -10.6% | -81.2% | -9.5% | -5.3% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$29.66M totalReportable Segment$29.66M · 100.0%
Product / service
$29.66M totalRental Revenue$28.46M · 95.9%
Real Estate Other$1.21M · 4.1%
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
5/9
Neutral
- ✗Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- ✓Long-term debt decreased
- -Current ratio improved
- ✓No share dilution
- -Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Real Estate Investment Trusts
Comparing CEDAR REALTY TRUST against the 5 most active filers in the same SIC group.