Latest Ratios: P/E Ratio 1.3x · EV/EBITDA 4.1x · ROE 41.8%. (1996–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $223M | $337M | $804M | $2.9B | $2.9B | $3.3B | $2.0B | $2.6B | $2.0B | $2.7B | $4.6B |
| Enterprise Value | $178M | $292M | $1.1B | $3.9B | $4.6B | $4.9B | $4.0B | $4.4B | $4.0B | $6.5B | $9.1B |
| P/E Ratio → | 1.25 | 1.89 | 1.56 | 11.24 | 18.71 | 31.04 | 54.70 | 25.49 | — | — | 76.97 |
| P/S Ratio | 1.81 | 2.73 | 2.90 | 6.31 | 6.10 | 6.21 | 4.26 | 5.07 | 3.12 | 3.09 | 4.75 |
| P/B Ratio | 0.67 | 1.01 | 1.56 | 1.31 | 1.40 | 1.62 | 1.01 | 1.30 | 0.99 | 0.94 | 1.42 |
| P/FCF | 11.37 | 17.17 | 14.34 | 11.98 | 11.36 | 11.72 | 10.31 | 14.29 | 7.71 | 6.62 | 9.95 |
| P/OCF | 11.37 | 17.17 | 7.00 | 11.98 | 11.36 | 11.72 | 10.31 | 8.89 | 7.71 | 6.62 | 9.95 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.37 | 3.79 | 8.69 | 9.62 | 9.28 | 8.60 | 8.69 | 6.13 | 7.36 | 9.36 |
| EV / EBITDA | 4.12 | 6.75 | 6.40 | 13.57 | 15.13 | 15.22 | 14.72 | 14.25 | 11.87 | 6.58 | 8.38 |
| EV / EBIT | — | 1.51 | 1.79 | 12.61 | 21.33 | 24.32 | 34.34 | 23.53 | 15.55 | 26.23 | 32.33 |
| EV / FCF | — | 14.88 | 18.75 | 16.48 | 17.91 | 17.51 | 20.82 | 24.51 | 15.17 | 15.77 | 19.60 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | -5.7% | -5.7% | 65.5% | 68.2% | 67.7% | 71.3% | 69.9% | 72.5% | 68.2% | 71.5% | 71.4% |
| Operating Margin | -1.3% | -1.3% | 12.0% | 17.1% | 21.1% | 26.1% | 21.4% | 28.4% | 14.7% | 72.4% | 71.4% |
| Net Profit Margin | 144.4% | 144.4% | 191.7% | 58.7% | 35.2% | 23.4% | 7.8% | 19.9% | -16.7% | -27.5% | 6.2% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 41.8% | 41.8% | 39.5% | 12.5% | 8.2% | 6.3% | 1.8% | 5.0% | -4.4% | -7.9% | 1.8% |
| ROA | 26.3% | 26.3% | 21.3% | 6.6% | 4.2% | 3.1% | 0.9% | 2.4% | -1.9% | -3.1% | 0.7% |
| ROIC | -0.2% | -0.2% | 1.2% | 1.7% | 2.0% | 2.7% | 1.9% | 2.7% | 1.3% | 6.7% | 6.4% |
| ROCE | -0.3% | -0.3% | 1.4% | 2.0% | 2.7% | 3.7% | 2.6% | 3.6% | 1.7% | 8.4% | 8.1% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.22 | 0.22 | 0.58 | 0.75 | 0.82 | 0.82 | 1.06 | 0.93 | 0.96 | 1.33 | 1.38 |
| Debt / EBITDA | 1.72 | 1.72 | 1.83 | 5.61 | 5.60 | 5.16 | 7.69 | 5.99 | 5.87 | 3.91 | 4.15 |
| Net Debt / Equity | — | -0.13 | 0.48 | 0.49 | 0.81 | 0.80 | 1.03 | 0.93 | 0.95 | 1.30 | 1.38 |
| Net Debt / EBITDA | -1.04 | -1.04 | 1.50 | 3.71 | 5.54 | 5.03 | 7.43 | 5.94 | 5.83 | 3.82 | 4.13 |
| Debt / FCF | — | -2.28 | 4.40 | 4.50 | 6.56 | 5.79 | 10.51 | 10.21 | 7.45 | 9.15 | 9.64 |
| Interest Coverage | 12.60 | 12.60 | 9.85 | 3.80 | 2.78 | 2.66 | 1.49 | 2.21 | 1.83 | 1.31 | 1.29 |
Net cash position: cash ($119M) exceeds total debt ($74M)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 36.38 | 36.38 | 0.88 | 2.57 | 0.42 | 0.47 | 0.69 | 0.37 | 6.42 | 7.12 | 8.02 |
| Quick Ratio | 36.38 | 36.38 | 0.88 | 2.57 | 0.42 | 0.47 | 0.69 | 0.37 | 6.42 | 7.32 | 8.46 |
| Cash Ratio | 31.67 | 31.67 | 0.47 | 2.13 | 0.08 | 0.17 | 0.30 | 0.06 | 0.24 | 1.18 | 0.40 |
| Asset Turnover | — | 0.29 | 0.30 | 0.11 | 0.12 | 0.13 | 0.11 | 0.12 | 0.16 | 0.12 | 0.12 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 100.0% | 100.0% | 15.9% | 4.2% | 4.1% | 3.0% | 5.0% | 7.0% | 13.8% | 11.3% | 6.4% |
| Payout Ratio | 200.0% | 200.0% | — | 45.4% | 71.1% | 79.7% | 275.3% | — | — | — | 489.7% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 79.8% | 52.8% | 63.9% | 8.9% | 5.3% | 3.2% | 1.8% | 3.9% | — | — | 1.3% |
| FCF Yield | 8.8% | 5.8% | 7.0% | 8.3% | 8.8% | 8.5% | 9.7% | 7.0% | 13.0% | 15.1% | 10.0% |
| Buyback Yield | 0.0% | 0.0% | 22.4% | 1.0% | 1.4% | 0.0% | 0.4% | 8.3% | 1.8% | 0.0% | 0.0% |
| Total Shareholder Yield | 100.0% | 100.0% | 38.3% | 5.2% | 5.6% | 3.0% | 5.4% | 15.4% | 15.6% | 11.3% | 6.4% |
| Shares Outstanding | — | $52M | $53M | $52M | $53M | $52M | $48M | $46M | $46M | $46M | $46M |
Operational scale and viability
As reported in recent financial filings, the company's P/FFO multiple has collapsed to 6.41x in 2026Q1, a significant departure from the 40x-50x range observed in 2024, reflecting the market's struggle to price the entity following the massive Curbline Properties spin-off and subsequent loss of operational scale.
The current valuation appears to be in a state of flux, as traditional REIT multiples like P/FFO are rendered less meaningful by the dramatic contraction in the asset base. Investors should monitor whether the current price represents a discount to the liquidation value of the remaining high-quality assets or if the market is pricing in a permanent impairment of earning power.
Based on quarterly data, the company's NOI margin plummeted to -15.3% in 2026Q1, a stark reversal from the 65-70% range maintained throughout 2024 and 2025, suggesting that the current revenue base is insufficient to cover the fixed costs associated with the remaining property portfolio.
This negative margin trend indicates that the company is currently struggling with operational leverage, as the fixed costs of property management are now spread across a much smaller revenue base. Analysts should investigate whether this is a temporary accounting anomaly related to the spin-off or a structural issue that will require further G&A rationalization to restore profitability.
According to recent financial statements, the company has achieved a debt-to-equity ratio of 0.01 as of 2026Q1, representing a near-total elimination of debt compared to the 0.75 level seen in 2023Q4, which effectively removes near-term refinancing risk from the investment thesis.
The fortress-like balance sheet provides management with significant flexibility to navigate the current period of operational contraction. While this low leverage is a clear positive, it also raises questions regarding the efficient use of capital, as the company currently lacks the scale to deploy this liquidity into meaningful growth opportunities.
As indicated by the 1.33x P/E ratio, the market's reliance on standard P/E metrics for this REIT is deeply misleading, as it fails to account for the massive non-cash depreciation charges and non-recurring gains on asset sales that characterize the company's current financial reporting.
Investors should prioritize FFO and AFFO as the primary valuation metrics, as these adjustments strip away the noise of real estate accounting. Using P/E in this context obscures the true cash-generating capacity of the retail assets and may lead to an incorrect assessment of the company's actual valuation relative to its peers.
Includes 30+ ratios · 30 years · Updated daily
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Quick answers to the most common questions about buying SITC stock.
SITE Centers Corp.'s current P/E ratio is 1.3x. The historical average is 21.7x.
SITE Centers Corp.'s current EV/EBITDA is 4.1x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 15.5x.
SITE Centers Corp.'s return on equity (ROE) is 41.8%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 6.9%.
Based on historical data, SITE Centers Corp. is trading at a P/E of 1.3x. Compare with industry peers and growth rates for a complete picture.
SITE Centers Corp.'s current dividend yield is 100.00% with a payout ratio of 200.0%.
SITE Centers Corp. has -5.7% gross margin and -1.3% operating margin.
SITE Centers Corp.'s Debt/EBITDA ratio is 1.7x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.