DRE · Duke Realty Corp - 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 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|
| Revenue | - | $1.11B | $993.20M | $973.76M | $1.16B | $1.08B |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | - | $69.55M | $62.40M | $60.89M | $49.36M | $42.67M |
| Total Operating Expenses | - | $675.63M | $636.92M | $643.89M | $881.64M | $854.04M |
| D&A | - | $362.15M | $353.01M | $327.22M | $384.41M | $393.45M |
| Operating Income | - | $975.24M | $417.85M | $524.76M | $444.87M | $296.00M |
| Interest Expense | - | $84.84M | $93.44M | $89.76M | $219.61M | $228.90M |
| Income Tax | - | $18.55M | ($5.11M) | $8.69M | ($844.0K) | ($5.08M) |
| Net Income | - | $852.89M | $299.92M | $428.97M | $204.89M | $153.04M |
| EPS - Basic | - | $2.25 | $0.81 | $1.18 | $0.60 | $0.47 |
| EPS - Diluted | - | $2.25 | $0.80 | $1.18 | $0.60 | $0.47 |
Balance Sheet
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $44.20M | $69.75M | $6.31M | $110.89M | $17.92M | $19.27M |
| Accounts Receivable | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - |
| Total Assets | $10.96B | $10.45B | $9.11B | $8.42B | $7.75B | $7.75B |
| Current Liabilities | - | - | - | - | - | - |
| Long-term Debt | $3.89B | $3.69B | $3.39B | $2.91B | $4.45B | $4.25B |
| Total Liabilities | $4.55B | $4.31B | $3.88B | $3.34B | $4.87B | $4.71B |
| Stockholders' Equity | $6.30B | $6.04B | $5.16B | $5.02B | $2.86B | $3.01B |
| Retained Earnings | - | - | - | - | - | - |
Cash Flow
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | - | $642.43M | $566.44M | $505.90M | $444.49M | $435.68M |
| Investing Cash Flow | - | ($832.41M) | ($856.22M) | ($555.07M) | ($207.03M) | ($319.38M) |
| Financing Cash Flow | - | $225.93M | $235.58M | $145.09M | ($238.81M) | ($130.91M) |
| CapEx | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - |
Ratios
| Metric | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | - | 88.2% | 42.1% | 53.9% | 38.2% | 27.4% |
| EBITDA margin | - | 120.9% | 77.6% | 87.5% | 71.2% | 63.7% |
| Net margin | - | 77.1% | 30.2% | 44.1% | 17.6% | 14.1% |
| Free cash flow margin | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | - | 6.3% | 6.3% | 6.3% | 4.2% | 3.9% |
| Effective tax rate | - | 2.1% | -1.7% | 2.0% | -0.4% | -3.4% |
| Return on assets | - | 8.2% | 3.3% | 5.1% | 2.6% | 2.0% |
| Return on equity | - | 14.1% | 5.8% | 8.5% | 7.2% | 5.1% |
| Return on invested capital | - | 9.8% | 4.9% | 6.5% | 6.1% | 4.1% |
| Liquidity | ||||||
| Current ratio | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - |
| Leverage | ||||||
| Debt / Equity | 0.62 | 0.61 | 0.66 | 0.58 | 1.56 | 1.41 |
| Debt / Assets | 0.35 | 0.35 | 0.37 | 0.35 | 0.57 | 0.55 |
| Debt / EBITDA | - | 2.76 | 4.39 | 3.42 | 5.37 | 6.17 |
| Interest coverage | - | 11.5x | 4.5x | 5.8x | 2.0x | 1.3x |
| Equity multiplier | 1.74 | 1.73 | 1.76 | 1.68 | 2.71 | 2.57 |
| Liabilities / Assets | 0.42 | 0.41 | 0.43 | 0.40 | 0.63 | 0.61 |
| Efficiency | ||||||
| Asset turnover | - | 0.11 | 0.11 | 0.12 | 0.15 | 0.14 |
| 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) | - | 11.3% | 2.0% | - | 7.7% | -2.5% |
| Revenue CAGR (3y) | - | - | - | - | -3.0% | -4.4% |
| Revenue CAGR (5y) | - | - | - | -3.5% | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | - | 133.4% | -20.4% | - | 50.3% | 83.9% |
| Net income growth (YoY) | - | 184.4% | -30.1% | - | 33.9% | - |
| EPS growth (YoY) | - | 181.2% | -32.2% | - | 27.7% | - |
| EPS CAGR (3y) | - | - | - | - | 76.0% | 12.5% |
| EPS CAGR (5y) | - | - | - | 14.5% | - | - |
| FCF growth (YoY) | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | 4.3% | 17.1% | 2.9% | - | -5.1% | 16.3% |
Stability scores
Piotroski F-score
FY 2022 · 9-point quality
0/9
Weak
- -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 DUKE REALTY CORP against the 5 most active filers in the same SIC group.