CBL (CBL & Associates Properties) FCF Margin %: 36.25% (As of Mar. 2026) — Near Median


CBL CBL & Associates Properties Inc CBL
51 GF Score
Price $51.03
GF Value $28.43
Valuation Significantly Overvalued
! 10 Warning Signs
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What is CBL & Associates Properties FCF Margin %?

CBL & Associates Properties CBL +1.87% 51 FCF Margin % is 36.25% as of Mar. 2026, which is 0% below its 10-year median of 36.28. GuruFocus rates CBL with a GF Score™ of 51/100 and a GF Value™ of $28.43 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 936 REITs companies, CBL & Associates Properties ranks better than 56.09% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. CBL & Associates Properties's Free Cash Flow for the three months ended in Mar. 2026 was $52.9 Mil. CBL & Associates Properties's Revenue for the three months ended in Mar. 2026 was $146.0 Mil. Therefore, CBL & Associates Properties's FCF Margin % for the quarter that ended in Mar. 2026 was 36.25%.

As of today, CBL & Associates Properties's current FCF Yield % is 17.16%.

The historical rank and industry rank for CBL & Associates Properties's FCF Margin % or its related term are showing as below:

CBL' s FCF Margin % Range Over the Past 10 Years
Min: 23.16   Med: 36.28   Max: 46.5
Current: 46.5


During the past 7 years, the highest FCF Margin % of CBL & Associates Properties was 46.50%. The lowest was 23.16%. And the median was 36.28%.

CBL's FCF Margin % is ranked better than
56.09% of 936 companies
in the REITs industry
Industry Median: 39.735 vs CBL: 46.50


CBL & Associates Properties FCF Margin % Related Terms


CBL & Associates Properties FCF Margin % Historical Data

* Premium members only.

The historical data trend for CBL & Associates Properties's FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

CBL & Associates Properties FCF Margin % Chart

CBL & Associates Properties Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial 0.00 36.99 34.28 39.22 43.17

CBL & Associates Properties Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.35 48.45 49.95 51.25 36.25

CBL vs ALX, GTY, NTST: FCF Margin % Comparison

For the REIT - Retail subindustry, CBL & Associates Properties's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CBL & Associates Properties FCF Margin % vs REITs Industry

For the REITs industry and Real Estate sector, CBL & Associates Properties's FCF Margin % distribution charts can be found below:

* The bar in red indicates where CBL & Associates Properties's FCF Margin % falls into.


CBL
51GF Score
CBL & Associates Properties Inc CBL
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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CBL & Associates Properties FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

CBL & Associates Properties's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=249.68/578.373
=43.17 %

CBL & Associates Properties's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=52.919/145.968
=36.25 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of 36.25% mean?
CBL & Associates Properties (CBL) has a FCF Margin % of 36.25% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on CBL & Associates Properties and its competitors. This is near median its historical median of 36.28. Over the past decade, CBL & Associates Properties' FCF Margin % has ranged from 23.16 to 46.50. According to the industry distribution chart, CBL & Associates Properties ranks #411 out of 936 companies in the REITs industry, placing it in the top 43.9%.
Is CBL & Associates Properties' FCF Margin % too high?
CBL & Associates Properties' current FCF Margin % of 36.25% is near median its 10-year median of 36.28. Over the past 10 years, this metric has ranged from a low of 23.16 to a high of 46.50. The REITs industry median FCF Margin % is 39.74. CBL & Associates Properties' value of 36.25% is 8.8% below this industry median. Based on the distribution chart, CBL & Associates Properties ranks #411 out of 936 companies in the REITs industry, which is above the industry midpoint. Overall, CBL & Associates Properties has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CBL & Associates Properties' FCF Margin % compare to ALX and GTY?
According to the REITs industry distribution chart, CBL & Associates Properties ranks #411 out of 936 companies for FCF Margin %. This puts CBL & Associates Properties in the upper half of its industry. The industry median FCF Margin % is 39.74. CBL & Associates Properties' value of 36.25% is 8.8% below this benchmark. Historically, CBL & Associates Properties' own FCF Margin % has ranged from 23.16 to 46.50 over the past decade. While the company's 10-year median is 36.28 vs. the industry median of 39.74, CBL & Associates Properties has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a REITs company?
The median FCF Margin % among REITs companies is 39.74, based on 936 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CBL & Associates Properties's current FCF Margin % of 36.25% is 8.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on CBL & Associates Properties and its competitors. For the REITs industry, the median FCF Margin % is 39.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CBL & Associates Properties's current FCF Margin % is 36.25%, which is near median its own 10-year median of 36.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CBL & Associates Properties stock overvalued right now?
Based on GuruFocus' analysis, CBL & Associates Properties (CBL) is currently considered Significantly Overvalued. The stock's GF Value™ is $28.43, compared to a current price of $51.03 — trading 79.5% above its estimated fair value. The current FCF Margin % is 36.25%, which is near median its 10-year median of 36.28 and 8.8% below the REITs industry median of 39.74. CBL & Associates Properties' overall GF Score™ is 51/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For CBL & Associates Properties (CBL), the current FCF Margin % is 36.25% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is CBL & Associates Properties (CBL) Overvalued in 2026?

Based on GuruFocus' analysis, CBL & Associates Properties stock appears to be overvalued. The current stock price of $51.03 is trading 79.5% above its estimated GF Value™ of $28.43. GuruFocus considers CBL & Associates Properties to be Significantly Overvalued.

Key valuation signals for CBL:

  • FCF Margin %: 36.25% (near median its 10-year median of 36.28)
  • GF Value™: $28.43 vs. price of $51.03 (79.5% above fair value)
  • GF Score™: 51/100 with 10 warning signs
  • Industry Position: 8.8% below the REITs median (#411 of 936)

No single metric tells the full story. See the CBL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CBL & Associates Properties Business Description

Industry Real EstateREITs
Other Exchanges 0HQK:UKCAZ0:Germany
Address 2030 Hamilton Place Boulevard, Suite 500, Chattanooga, TN, USA, 37421
CBL & Associates Properties Inc is a real estate investment trust. The company engages in the ownership, development, acquisition, leasing, management and operation of regional shopping malls, outlet centers, lifestyle centers, open-air centers and other properties. CBL's sales predominantly derive from leasing arrangements with retail tenants. The company also generates revenue from management and development fees, as well as sales of its real estate assets. CBL expands its portfolio of assets through activities such as redevelopment, renovation, and expansion.
51GF Score

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FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$51.03
Price
$28.43
GF Value