Question 1

What is Kimco Realty's P/FCF ratio?

Accepted Answer

Kimco Realty (KIM) P/FCF ratio is 20.8× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month free cash flow, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. 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 P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for Kimco Realty?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For Kimco Realty specifically, the relevant sector benchmark is the current sector median of 15.9×.

Question 5

Is Kimco Realty's P/FCF ratio high or low?

Accepted Answer

Kimco Realty's P/FCF ratio of 20.8× is above its own 5-year average of 18.6× and above the sector median of 15.9×. That places the current reading at the 71th 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 P/FCF ratio range?

Accepted Answer

In the available daily series, Kimco Realty (KIM) P/FCF ratio has ranged from a low of 7.1× in 2020 to a high of 638.4× in 2012. The 5-year average is 18.6× and the 5-year median is 18.7×.

Question 7

What was Kimco Realty's P/FCF ratio in 2025?

Accepted Answer

Kimco Realty (KIM) P/FCF ratio at the end of 2025 was 17.7×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 8

Why does Kimco Realty's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). 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	$772M	17.7×	-5.5×	Dec 31, 2025
2024	$15.8B	$681M	23.2×	+6.9×	Dec 31, 2024
2023	$13.2B	$807M	16.3×	+1.1×	Dec 31, 2023
2022	$13B	$861M	15.1×	-9.3×	Dec 31, 2022
2021	$15.1B	$619M	24.5×	+13.5×	Dec 31, 2021
2020	$6.46B	$590M	10.9×	-4.0×	Dec 31, 2020
2019	$8.75B	$584M	15.0×	+5.4×	Dec 31, 2019
2018	$6.14B	$638M	9.6×	-1.9×	Dec 31, 2018
2017	$7.69B	$665M	11.6×	-4.9×	Dec 31, 2017
2016	$10.6B	$647M	16.4×	-19.9×	Dec 31, 2016
2015	$10.9B	$300M	36.3×	+18.7×	Dec 31, 2015
2014	$10.3B	$586M	17.6×	-3.9×	Dec 31, 2014
2013	$8.06B	$375M	21.5×	+5.1×	Dec 31, 2013
2012	$7.85B	$479M	16.4×	-81.5×	Dec 31, 2012
2011	$6.6B	$67.4M	97.9×	+69.2×	Dec 31, 2011
2010	$7.33B	$255M	28.7×	—	Dec 31, 2010
2009	$5.49B	-$114M	—	—	Dec 31, 2009
2008	$4.91B	-$87.6M	—	—	Dec 31, 2008
2007	$9.2B	-$1.05B	—	—	Dec 31, 2007
2006	$11.1B	-$711M	—	—	Dec 31, 2006
2005	$7.3B	-$473M	—	—	Dec 31, 2005
2004	$6.57B	-$191M	—	—	Dec 31, 2004
2003	$4.94B	-$881M	—	—	Dec 31, 2003
2002	$3.23B	-$75M	—	—	Dec 31, 2002


Digital Realty Trust (DLR)	53.9×
CBRE Group (CBRE)	44.5×
Regency Centers (REG)	24.4×
Mid-America Apartment Communities (MAA)	23.3×
American Tower (AMT)	21.3×
Simon Property Group (SPG)	18.5×
SBA Communications (SBAC)	17.9×
BXP (BXP)	17.7×
Tanger (SKT)	17.2×
STAG Industrial (STAG)	16.0×
Extra Space Storage (EXR)	15.8×
Public Storage (PSA)	15.5×
AvalonBay Communities (AVB)	15.2×
Host Hotels & Resorts (HST)	14.4×
Camden Property Trust (CPT)	14.3×
Realty Income (O)	13.6×
Invitation Homes (INVH)	13.3×
Medical Properties Trust (MPT)	12.8×
UDR (UDR)	12.4×
NNN REIT (NNN)	12.2×
VICI Properties (VICI)	11.4×
Healthpeak Properties (DOC)	9.7×
Arbor Realty Trust (ABR)	7.6×
Alexandria Real Estate Equities (ARE)	6.2×
Opendoor Technologies (OPEN)	4.2×

P/FCF Ratio for Kimco Realty (KIM) 2010-2026

P/FCF Ratio daily chart for Kimco Realty (KIM)

Historical P/FCF Ratio for Kimco Realty (KIM) from 2002 to 2025

About P/FCF Ratio at Kimco Realty (KIM)

Kimco Realty P/FCF Ratio by Year

Kimco Realty P/FCF Ratio 2025: 17.7×

Kimco Realty P/FCF Ratio 2024: 23.2×

Kimco Realty P/FCF Ratio 2023: 16.3×

Kimco Realty P/FCF Ratio 2022: 15.1×

Kimco Realty P/FCF Ratio 2021: 24.5×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

Kimco Realty (KIM) Key Financials