Stocks · Real estate · Real Estate Investment Trusts

JBG SMITH Properties

JBGS Clue Score9
United States Fiscal year ends December CIK 0001689796
$11.06 +1.28% Close, 12 Oct 2026
Price $11.06 −62.70% Close, 12 Oct 2026

Closing prices at the end of each trading day, from 18 Jul 2017. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue478.5Operating income112.8Net income62.0EPS, diluted0.62Fiscal year 2017Revenue543.0 +13.5%Operating income−52.2Net income−71.8 −215.8%EPS, diluted−0.70 −212.9%Fiscal year 2018Revenue644.2 +18.6%Net income39.9EPS, diluted0.31Fiscal year 2019Revenue647.8 +0.6%Net income65.6 +64.2%EPS, diluted0.48 +54.8%Fiscal year 2020Revenue602.7 −7.0%Net income−62.3 −195.0%EPS, diluted−0.49 −202.1%Fiscal year 2021Revenue634.4 +5.2%Net income−79.3EPS, diluted−0.63Fiscal year 2022Revenue605.8 −4.5%Net income85.4EPS, diluted0.70Fiscal year 2023Revenue604.2 −0.3%Net income−80.0 −193.7%EPS, diluted−0.78 −211.4%Fiscal year 2024Revenue547.3 −9.4%Net income−143.5EPS, diluted−1.65Fiscal year 2025Revenue498.6 −8.9%Net income−139.1EPS, diluted−2.09
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 478.5 543.0 644.2 647.8 602.7 634.4 605.8 604.2 547.3 498.6
Growth +13.5% +18.6% +0.6% −7.0% +5.2% −4.5% −0.3% −9.4% −8.9%
Operating income 112.8 −52.2 n/a n/a n/a n/a n/a n/a n/a n/a
Net income 62.0 −71.8 39.9 65.6 −62.3 −79.3 85.4 −80.0 −143.5 −139.1
Growth −215.8% +64.2% −195.0% −193.7%
EPS, diluted 0.62 −0.70 0.31 0.48 −0.49 −0.63 0.70 −0.78 −1.65 −2.09
Growth −212.9% +54.8% −202.1% −211.4%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2016Operating margin23.6%Net margin13.0%Fiscal year 2017Operating margin−9.6%Net margin−13.2%Fiscal year 2018Net margin6.2%Fiscal year 2019Net margin10.1%Fiscal year 2020Net margin−10.3%Fiscal year 2021Net margin−12.5%Fiscal year 2022Net margin14.1%Fiscal year 2023Net margin−13.2%Fiscal year 2024Net margin−26.2%Fiscal year 2025Net margin−27.9%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin 23.6% −9.6% n/a n/a n/a n/a n/a n/a n/a n/a
Net margin 13.0% −13.2% 6.2% 10.1% −10.3% −12.5% 14.1% −13.2% −26.2% −27.9%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flow
Fiscal year 2016Operating cash flow159.5Dividends paid0.0Fiscal year 2017Operating cash flow74.2Dividends paid−26.5Fiscal year 2018Operating cash flow188.2Dividends paid−107.4Fiscal year 2019Operating cash flow174.0Dividends paid−129.8Fiscal year 2020Operating cash flow169.0Buybacks−104.8Dividends paid−120.0Fiscal year 2021Operating cash flow217.6Buybacks−157.7Dividends paid−118.1Fiscal year 2022Operating cash flow178.0Buybacks−361.0Dividends paid−107.7Fiscal year 2023Operating cash flow183.4Buybacks−335.3Dividends paid−94.0Fiscal year 2024Operating cash flow129.4Buybacks−170.8Dividends paid−62.0Fiscal year 2025Operating cash flow73.3Buybacks−443.7Dividends paid−48.4
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 159.5 74.2 188.2 174.0 169.0 217.6 178.0 183.4 129.4 73.3
Buybacks n/a n/a n/a n/a −104.8 −157.7 −361.0 −335.3 −170.8 −443.7
Dividends paid 0.0 −26.5 −107.4 −129.8 −120.0 −118.1 −107.7 −94.0 −62.0 −48.4

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash29.0Total debt1,165.0Net cash (debt)−1,136.0Shareholders’ equity2,121.7Debt to equity0.55Fiscal year 2017Cash316.7Shareholders’ equity2,970.6Fiscal year 2018Cash260.6Shareholders’ equity2,987.1Fiscal year 2019Cash126.4Shareholders’ equity3,386.5Fiscal year 2020Cash225.6Shareholders’ equity3,206.0Fiscal year 2021Cash264.4Shareholders’ equity2,915.9Fiscal year 2022Cash241.1Shareholders’ equity2,681.9Fiscal year 2023Cash164.8Shareholders’ equity2,222.9Fiscal year 2024Cash145.8Shareholders’ equity1,809.1Fiscal year 2025Cash75.3Shareholders’ equity1,157.6
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 29.0 316.7 260.6 126.4 225.6 264.4 241.1 164.8 145.8 75.3
Total debt 1,165.0 n/a n/a n/a n/a n/a n/a n/a n/a n/a
Net cash (debt) −1,136.0 n/a n/a n/a n/a n/a n/a n/a n/a n/a
Shareholders’ equity 2,121.7 2,970.6 2,987.1 3,386.5 3,206.0 2,915.9 2,681.9 2,222.9 1,809.1 1,157.6
Debt to equity 0.55 n/a n/a n/a n/a n/a n/a n/a n/a n/a

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
478.5 543.0 644.2 647.8 602.7 634.4 605.8 604.2 547.3 498.6
Growth +13.5% +18.6% +0.6% −7.0% +5.2% −4.5% −0.3% −9.4% −8.9%
112.8 −52.2 n/a n/a n/a n/a n/a n/a n/a n/a
Growth −146.3%
63.1 −89.0 45.9 72.8 −71.5 −86.2 100.3 −92.0 −177.0 −171.9
1.1 −9.9 −0.7 −1.3 −4.3 3.5 1.3 −0.3 0.8 −3.8
62.0 −71.8 39.9 65.6 −62.3 −79.3 85.4 −80.0 −143.5 −139.1
Growth −215.8% +64.2% −195.0% −193.7%
Per share
0.62 −0.70 0.31 0.48 −0.49 −0.63 0.70 −0.78 −1.65 −2.09
0.62 −0.70 0.31 0.48 −0.49 −0.63 0.70 −0.78 −1.65 −2.09
Growth −212.9% +54.8% −202.1% −211.4%
n/a 105.4 119.2 130.7 133.5 130.8 119.0 105.1 88.3 67.4
100.6 105.4 119.2 130.7 133.5 130.8 119.0 105.1 88.3 67.4
Growth +4.8% +13.1% +9.7% +2.1% −2.0% −9.0% −11.7% −16.0% −23.7%

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue shrank 3.7% a year over five years.
  • The diluted share count fell 49.5% in five years, so buybacks did some of the work per share.
  • A net loss in 6 of 10 years on file.