Weingarten Realty Investors (WRI) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
2600 CITADEL PLAZA DR HOUSTON, TX 77292 |
| State of Incorp. | TX |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6798 - Real Estate Investment Trusts (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2021 MRQ | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 35,418 | 41,481 | 65,865 | 13,219 | 16,257 | 22,168 | |||
| Cash and cash equivalent | 35,418 | 41,481 | 65,865 | 13,219 | 16,257 | 22,168 | |||
| Total current assets: | 35,418 | 41,481 | 65,865 | 13,219 | 16,257 | 22,168 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 8,700 | 8,900 | ✕ | ✕ | ✕ | ✕ | |||
| Operating lease, right-of-use asset | 42,800 | ✕ | ✕ | ✕ | ✕ | ||||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 1,104,059 | 1,152,639 | 1,091,348 | 1,165,395 | 1,181,546 | 1,014,653 | |||
| Intangible asset, including goodwill, after accumulated amortization | 143,636 | 114,974 | 112,870 | 154,833 | 181,080 | 104,680 | |||
| Intangible asset, excluding goodwill, after accumulated amortization | 143,636 | 114,974 | 112,870 | 154,833 | 181,080 | 104,680 | |||
| Total noncurrent assets: | 1,299,195 | 1,276,513 | 1,204,218 | 1,320,228 | 1,362,626 | 1,119,333 | |||
| Other undisclosed assets | 2,626,787 | 2,619,940 | 2,556,878 | 2,863,192 | 3,048,045 | 2,760,444 | |||
| TOTAL ASSETS: | 3,961,400 | 3,937,934 | 3,826,961 | 4,196,639 | 4,426,928 | 3,901,945 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Noncurrent Liabilities | |||||||||
| Other undisclosed liabilities | 2,160,898 | 2,061,774 | 2,076,262 | 2,386,797 | 2,665,274 | 2,356,935 | |||
| Total liabilities: | 2,160,898 | 2,061,774 | 2,076,262 | 2,386,797 | 2,665,274 | 2,356,935 | |||
| Temporary equity, including noncontrolling interest | 44,758 | ||||||||
| Equity | |||||||||
| Equity, attributable to parent, including: | 1,618,773 | 1,698,315 | 1,573,906 | 1,632,728 | 1,535,178 | 1,389,462 | |||
| Common stock | 3,866 | 3,905 | 3,893 | 3,897 | 3,885 | 3,744 | |||
| Additional paid in capital | 1,755,770 | 1,779,986 | 1,766,993 | 1,772,066 | 1,718,101 | 1,616,242 | |||
| Accumulated other comprehensive loss | (12,050) | (11,283) | (10,549) | (6,170) | (9,161) | (7,644) | |||
| Other undisclosed equity, attributable to parent | (128,813) | (74,293) | (186,431) | (137,065) | (177,647) | (222,880) | |||
| Equity, attributable to noncontrolling interest | 181,729 | 177,845 | 176,793 | 177,114 | 181,718 | 155,548 | |||
| Total equity: | 1,800,502 | 1,876,160 | 1,750,699 | 1,809,842 | 1,716,896 | 1,545,010 | |||
| TOTAL LIABILITIES AND EQUITY: | 3,961,400 | 3,937,934 | 3,826,961 | 4,196,639 | 4,426,928 | 3,901,945 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2021 TTM | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 433,917 | 486,625 | 531,147 | 573,163 | 549,555 | 512,844 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | 573,163 | 549,555 | 512,844 | |
| Operating lease, lease income | 422,339 | ✕ | ✕ | ✕ | ✕ | |||
| Operating leases, income statement, lease revenue | ✕ | ✕ | ✕ | 516,502 | ✕ | ✕ | ✕ | |
| Cost of revenue (Cost of Product and Service Sold) | (161,838) | (167,101) | (162,535) | (145,940) | ||||
| Gross profit: | 433,917 | 486,625 | 369,309 | 406,062 | 387,020 | 366,904 | ||
| Operating expenses | (365,110) | (327,095) | (356,820) | (137,745) | (126,121) | (121,768) | ||
| Other undisclosed operating loss | (90,893) | (66,456) | (60,442) | |||||
| Operating income: | 68,807 | 159,530 | 12,489 | 177,424 | 194,443 | 184,694 | ||
| Nonoperating income | 11,397 | 143,316 | 147,324 | 7,915 | 50,891 | 5,442 | ||
| Investment income, nonoperating | 72,545 | 11,003 | 2,807 | 7,915 | 50,891 | 5,442 | ||
| Interest and debt expense | (61,148) | (57,601) | (63,348) | (80,326) | (83,003) | (87,783) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 61,148 | 57,601 | 225,186 | |||||
| Income from continuing operations before equity method investments, income taxes: | 80,204 | 302,846 | 321,651 | 105,013 | 162,331 | 102,353 | ||
| Income from equity method investments | 39,206 | 20,769 | 25,070 | 27,074 | 20,642 | 19,300 | ||
| Income from continuing operations before income taxes: | 119,410 | 323,615 | 346,721 | 132,087 | 182,973 | 121,653 | ||
| Income tax expense (benefit) | (451) | (1,040) | (1,378) | 17 | (6,856) | (52) | ||
| Income from continuing operations: | 118,959 | 322,575 | 345,343 | 132,104 | 176,117 | 121,601 | ||
| Income before gain (loss) on sale of properties: | ✕ | 118,959 | 322,575 | 345,343 | 132,104 | 176,117 | 121,601 | |
| Gain on sale of properties, net of applicable income taxes | ✕ | ✕ | 189,914 | 207,865 | 218,611 | 100,714 | 59,621 | |
| Other undisclosed net loss | (189,914) | (207,865) | ||||||
| Net income: | 118,959 | 322,575 | 345,343 | 350,715 | 276,831 | 181,222 | ||
| Net loss attributable to noncontrolling interest | (6,810) | (7,140) | (17,742) | (15,441) | (37,898) | (6,870) | ||
| Net income attributable to parent: | 112,149 | 315,435 | 327,601 | 335,274 | 238,933 | 174,352 | ||
| Preferred stock dividends and other adjustments | (13,517) | |||||||
| Net income available to common stockholders, basic: | 112,149 | 315,435 | 327,601 | 335,274 | 238,933 | 160,835 | ||
| Dilutive securities, effect on basic earnings per share | 2,112 | 3,084 | 1,996 | |||||
| Net income available to common stockholders, diluted: | 112,149 | 317,547 | 327,601 | 338,358 | 240,929 | 160,835 | ||
Comprehensive Income ($ in thousands)
| 6/30/2021 TTM | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 118,959 | 322,575 | 345,343 | 350,715 | 276,831 | 181,222 | ||
| Other comprehensive income (loss) | (767) | (734) | (2,838) | 2,991 | (1,517) | 4,792 | ||
| Other undisclosed comprehensive loss | (1,541) | |||||||
| Comprehensive income: | 118,192 | 321,841 | 340,964 | 353,706 | 275,314 | 186,014 | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (6,810) | (7,140) | (17,742) | (15,441) | (37,898) | (6,870) | ||
| Comprehensive income, net of tax, attributable to parent: | 111,382 | 314,701 | 323,222 | 338,265 | 237,416 | 179,144 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.