CBL (CBL & Associates Properties) Net Margin %: 31.85% (As of Mar. 2026)


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 Net Margin %?

CBL & Associates Properties CBL +1.87% 51 Net Margin % is 31.85% as of Mar. 2026. 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 928 REITs companies, CBL & Associates Properties ranks worse than 63.25% on this metric.

Net margin is calculated as Net Income divided by its Revenue. CBL & Associates Properties's Net Income for the three months ended in Mar. 2026 was $46.5 Mil. CBL & Associates Properties's Revenue for the three months ended in Mar. 2026 was $146.0 Mil. Therefore, CBL & Associates Properties's net margin for the quarter that ended in Mar. 2026 was 31.85%.

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

CBL' s Net Margin % Range Over the Past 10 Years
Min: -51.24   Med: -6.47   Max: 29.81
Current: 29.81


CBL's Net Margin % is ranked worse than
63.25% of 928 companies
in the REITs industry
Industry Median: 45.23 vs CBL: 29.81

CBL & Associates Properties  (NYSE:CBL) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


CBL & Associates Properties Net Margin % Related Terms


CBL & Associates Properties Net Margin % Historical Data

* Premium members only.

The historical data trend for CBL & Associates Properties's Net 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 Net Margin % Chart

CBL & Associates Properties Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial 0.00 -16.60 1.22 11.44 23.51

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
Net 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 6.20 1.96 54.16 31.32 31.85

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

For the REIT - Retail subindustry, CBL & Associates Properties's Net Margin %, along with its competitors' market caps and Net 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 Net Margin % vs REITs Industry

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

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


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

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

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

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=135.967/578.373
=23.51 %

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

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=46.487/145.968
=31.85 %

* 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 Net Margin % →
What does a Net Margin % of 31.85% mean?
CBL & Associates Properties (CBL) has a Net Margin % of 31.85% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on CBL & Associates Properties and its competitors. According to the industry distribution chart, CBL & Associates Properties ranks #587 out of 928 companies in the REITs industry, placing it in the top 63.3%.
Is CBL & Associates Properties' Net Margin % too high?
CBL & Associates Properties' current Net Margin % is 31.85%. The REITs industry median Net Margin % is 45.23. CBL & Associates Properties' value of 31.85% is 29.6% below this industry median. Based on the distribution chart, CBL & Associates Properties ranks #587 out of 928 companies in the REITs industry, which is below 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' Net Margin % compare to ALX and GTY?
According to the REITs industry distribution chart, CBL & Associates Properties ranks #587 out of 928 companies for Net Margin %. This places CBL & Associates Properties in the lower half of its industry. The industry median Net Margin % is 45.23. CBL & Associates Properties' value of 31.85% is 29.6% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a REITs company?
The median Net Margin % among REITs companies is 45.23, based on 928 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CBL & Associates Properties's current Net Margin % of 31.85% is 29.6% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on CBL & Associates Properties and its competitors. For the REITs industry, the median Net Margin % is 45.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CBL & Associates Properties's current Net Margin % is 31.85%. 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 Net Margin % is 31.85% and 29.6% below the REITs industry median of 45.23. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For CBL & Associates Properties (CBL), the current Net Margin % is 31.85% 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:

  • Net Margin %: 31.85%
  • GF Value™: $28.43 vs. price of $51.03 (79.5% above fair value)
  • GF Score™: 51/100 with 10 warning signs
  • Industry Position: 29.6% below the REITs median (#587 of 928)

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

$51.03
Price
$28.43
GF Value