Question 1

What is Kimco Realty's EV/EBITDA ratio?

Accepted Answer

Kimco Realty (KIM) EV/EBITDA ratio is 16.6× as of July 22, 2026. The ratio is calculated by dividing enterprise value by trailing twelve-month EBITDA, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the EV/EBITDA ratio calculated?

Accepted Answer

EV/EBITDA = Enterprise Value ÷ Trailing Twelve-Month (TTM) EBITDA, where Enterprise Value = Market Capitalisation + Total Debt − Cash & Short-Term Investments. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the EV/EBITDA ratio?

Accepted Answer

The EV/EBITDA ratio (the enterprise multiple) compares enterprise value (EV) to trailing twelve-month (TTM) EBITDA. EV is calculated as market capitalisation + total debt − cash & short-term investments. Because EV/EBITDA is capital-structure-neutral and ignores non-cash depreciation and amortisation, it is the standard multiple used in M&A and for cross-company or cross-border comparisons. Note: this calculation uses a simplified EV (minority interest and preferred equity excluded due to data availability), consistent with most public financial-data providers.

Question 4

What is a good EV/EBITDA ratio for Kimco Realty?

Accepted Answer

Mature, cash-generative businesses commonly trade in the 8–12× EV/EBITDA range; higher-growth, asset-light companies often trade at 15–25×+. EV/EBITDA is most useful for comparing companies with different capital structures (debt levels) or tax regimes. For Kimco Realty specifically, the relevant sector benchmark is the current sector median of 15.8×.

Question 5

Is Kimco Realty's EV/EBITDA ratio high or low?

Accepted Answer

Kimco Realty's EV/EBITDA ratio of 16.6× is below its own 5-year average of 16.8× and above the sector median of 15.8×. That places the current reading at the 55th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Kimco Realty's historical EV/EBITDA ratio range?

Accepted Answer

In the available daily series, Kimco Realty (KIM) EV/EBITDA ratio has ranged from a low of 7.1× in 2020 to a high of 30.7× in 2007. The 5-year average is 16.8× and the 5-year median is 15.9×.

Question 7

What was Kimco Realty's EV/EBITDA ratio in 2025?

Accepted Answer

Kimco Realty (KIM) EV/EBITDA ratio at the end of 2025 was 14.5×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month EBITDA figure available at that date.

Question 8

Why does Kimco Realty's EV/EBITDA ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (enterprise value, which tracks share price plus net debt) and the denominator (EBITDA). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$13.7B	$1.53B	14.5×	-4.3×	Dec 31, 2025
2024	$15.8B	$1.26B	18.7×	+4.2×	Dec 31, 2024
2023	$13.2B	$1.36B	14.5×	-10.7×	Dec 31, 2023
2022	$13B	$776M	25.2×	+9.4×	Dec 31, 2022
2021	$15.1B	$1.34B	15.8×	+8.0×	Dec 31, 2021
2020	$6.46B	$1.4B	7.8×	-10.5×	Dec 31, 2020
2019	$8.75B	$767M	18.3×	+8.2×	Dec 31, 2019
2018	$6.14B	$1.07B	10.1×	-8.4×	Dec 31, 2018
2017	$7.69B	$699M	18.5×	-6.8×	Dec 31, 2017
2016	$10.6B	$616M	25.3×	+3.3×	Dec 31, 2016
2015	$10.9B	$732M	21.9×	-3.0×	Dec 31, 2015
2014	$10.3B	$587M	24.9×	+1.4×	Dec 31, 2014
2013	$8.06B	$515M	23.5×	+1.4×	Dec 31, 2013
2012	$7.85B	$537M	22.1×	+2.8×	Dec 31, 2012
2011	$6.6B	$548M	19.3×	-1.0×	Dec 31, 2011
2010	$7.33B	$542M	20.3×	-2.9×	Dec 31, 2010
2009	$5.49B	$411M	23.2×	+7.4×	Dec 31, 2009
2008	$4.91B	$574M	15.8×	-12.0×	Dec 31, 2008
2007	$9.2B	$473M	27.8×	+0.6×	Dec 31, 2007
2006	$11.1B	$492M	27.1×	+8.4×	Dec 31, 2006
2005	$7.3B	$490M	18.7×	+1.0×	Dec 31, 2005
2004	$6.57B	$484M	17.7×	+1.6×	Dec 31, 2004
2003	$4.94B	$438M	16.1×	+6.9×	Dec 31, 2003
2002	$3.23B	$508M	9.2×	—	Dec 31, 2002


Digital Realty Trust (DLR)	20.1×
Agree Realty (ADC)	20.1×
American Tower (AMT)	18.1×
Public Storage (PSA)	17.7×
CBRE Group (CBRE)	17.2×
Regency Centers (REG)	17.0×
Mid-America Apartment Communities (MAA)	16.1×
AvalonBay Communities (AVB)	16.1×
SBA Communications (SBAC)	15.8×
Tanger (SKT)	15.7×
Prologis (PLD)	15.1×
NNN REIT (NNN)	14.7×
STAG Industrial (STAG)	14.5×
Invitation Homes (INVH)	14.4×
Arbor Realty Trust (ABR)	14.1×
UDR (UDR)	13.0×
Medical Properties Trust (MPT)	12.8×
Extra Space Storage (EXR)	12.8×
BXP (BXP)	12.6×
Camden Property Trust (CPT)	12.4×
Healthpeak Properties (DOC)	11.7×
VICI Properties (VICI)	11.6×
Simon Property Group (SPG)	11.5×
Apartment Investment and Management (AIV)	8.8×
Host Hotels & Resorts (HST)	8.1×

EV/EBITDA for Kimco Realty (KIM) 2002-2026

EV/EBITDA daily chart for Kimco Realty (KIM)

Historical EV/EBITDA for Kimco Realty (KIM) from 2002 to 2025

About EV/EBITDA at Kimco Realty (KIM)

Kimco Realty EV/EBITDA by Year

Kimco Realty EV/EBITDA 2025: 14.5×

Kimco Realty EV/EBITDA 2024: 18.7×

Kimco Realty EV/EBITDA 2023: 14.5×

Kimco Realty EV/EBITDA 2022: 25.2×

Kimco Realty EV/EBITDA 2021: 15.8×

Sector peers by EV/EBITDA — chart

Sector peers by EV/EBITDA — table

Frequently asked questions

Kimco Realty (KIM) Key Financials