NYSE : SEG
Seaport Entertainment Group Inc. — Financial statements
Real Estate · Real Estate Services · United States
Last price 22.83 USD (Oct 30, 2026, 11:50 AM EDT) · Market cap 292.44M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Rental Revenue | 19.55M | 17.74M | 26.72M | 22.10M | 19.81M | 7.98M |
| Other Revenue | 102.76M | 115.02M | 51.38M | 49.38M | 62.11M | 72.65M |
| Total Revenue | 122.31M | 132.76M | 78.10M | 71.48M | 81.92M | 80.63M |
| Property Expenses | 142.37M | 159.75M | 121.08M | 120.01M | 120.85M | 98.77M |
| Selling, General & Administrative | 27.21M | 30.59M | 39.47M | 26.04M | 16.98M | 17.21M |
| Depreciation & Amortization | 44.45M | 32.19M | 34.78M | 48.43M | 47.36M | 41.61M |
| Other Operating Expenses | 3.40M | 602.00K | -4.73M | 48.00K | -877.00K | 779.00K |
| Total Operating Expenses | 217.42M | 223.12M | 190.61M | 194.52M | 185.72M | 158.54M |
| Operating Income | -95.11M | -90.36M | -112.51M | -123.05M | -103.80M | -77.91M |
| Interest Expense | -6.75M | -3.17M | -4.01M | -6.53M | ||
| Interest & Investment Income | -920.00K | 456.00K | ||||
| EBT Excluding Unusual Items | -96.03M | -89.91M | -119.26M | -126.21M | -107.81M | -84.44M |
| Gain (Loss) on Sale of Investments | -10.00M | -37.00M | ||||
| Gain (Loss) on Sale of Assets | -14.67M | -13.24M | ||||
| Asset Writedown | -339.00K | -672.49M | ||||
| Total Legal Settlements | 2.00M | |||||
| Other Unusual Items | -12.20M | -12.20M | -25.36M | -4.55M | ||
| Pretax Income | -123.24M | -115.34M | -152.62M | -840.25M | -107.81M | -84.44M |
| Income Tax Expense | -2.19M | 3.47M | -3.58M | |||
| Net Income | -123.24M | -115.34M | -152.62M | -838.07M | -111.28M | -80.87M |
| Preferred Dividends & Other Adjustments | 1.40M | 1.40M | 587.00K | |||
| Net Income to Common | -124.64M | -116.74M | -153.21M | -838.07M | -111.28M | -80.87M |
| Basic Shares Outstanding | 12.77M | 12.72M | 9.11M | 5.52M | 5.52M | |
| Diluted Shares Outstanding | 12.77M | 12.72M | 9.11M | 5.52M | 5.52M | |
| EPS (Basic) | -9.76 | -9.18 | -16.82 | -151.77 | -20.15 | |
| EPS (Diluted) | -9.76 | -9.18 | -16.82 | -151.77 | -20.15 | |
| Operating Margin | -77.76% | -68.06% | -144.06% | -172.15% | -126.70% | -96.62% |
| Profit Margin | -101.91% | -87.93% | -196.18% | -1,172.50% | -135.83% | -100.29% |
| EBITDA | -50.66M | -58.17M | -77.73M | -74.61M | -56.44M | -36.30M |
| EBITDA Margin | -41.42% | -43.82% | -99.52% | -104.39% | -68.89% | -45.01% |
| D&A For Ebitda | 44.45M | 32.19M | 34.78M | 48.43M | 47.36M | 41.61M |
| EBIT | -95.11M | -90.36M | -112.51M | -123.05M | -103.80M | -77.91M |
| EBIT Margin | -77.76% | -68.06% | -144.06% | -172.15% | -126.70% | -96.62% |
| Revenue as Reported | 121.56M | 130.41M | 110.22M | 114.85M | 119.05M | 82.62M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Property, Plant & Equipment | 360.85M | 366.18M | 501.82M | 478.35M | 1.13B | |
| Cash & Equivalents | 117.80M | 77.81M | 165.67M | 1.83M | 16.45M | |
| Accounts Receivable | 2.27M | 3.32M | 3.06M | 4.23M | 4.44M | |
| Other Receivables | 6.31M | 3.83M | 2.18M | 9.44M | 3.77M | |
| Investment In Debt and Equity Securities | 10.00M | 10.00M | ||||
| Other Intangible Assets | 12.65M | 14.22M | 17.38M | 20.53M | 23.69M | |
| Restricted Cash | 9.18M | 9.59M | 2.18M | 42.01M | 50.27M | |
| Other Current Assets | 6.42M | 154.65M | 17.85M | 18.43M | 6.76M | |
| Deferred Long-Term Charges | 10.33M | 3.54M | 4.51M | 4.38M | 4.45M | |
| Other Long-Term Assets | 17.51M | 16.99M | 28.89M | 27.61M | 60.34M | |
| Total Assets | 543.30M | 650.12M | 743.56M | 616.81M | 1.31B | |
| Current Portion of Long-Term Debt | 2.10M | |||||
| Current Portion of Leases | 2.04M | 3.50M | ||||
| Long-Term Debt | 37.34M | 36.25M | 101.59M | 155.63M | 144.18M | |
| Long-Term Leases | 54.68M | 53.03M | 47.47M | 48.15M | 46.35M | |
| Accounts Payable | 17.13M | 7.95M | 11.00M | 4.29M | 3.34M | |
| Accrued Expenses | 4.73M | 6.00M | 6.04M | 5.88M | 5.29M | |
| Other Current Liabilities | 61.30M | 73.00K | 12.48M | 9.13M | ||
| Long-Term Unearned Revenue | 8.66M | 5.38M | 3.95M | 4.03M | 5.17M | |
| Long-Term Deferred Tax Liabilities | 2.19M | |||||
| Other Long-Term Liabilities | 4.89M | 8.21M | 2.05M | 1.46M | 2.68M | |
| Total Liabilities | 129.47M | 183.72M | 172.17M | 231.92M | 218.33M | |
| Common Stock | 128.00K | 128.00K | 127.00K | 384.89M | 1.10B | |
| Additional Paid-In Capital | 626.76M | 624.78M | 613.01M | |||
| Retained Earnings | -222.96M | -168.40M | -51.66M | |||
| Total Common Equity | 403.93M | 456.51M | 561.48M | 384.89M | 1.10B | |
| Minority Interest | 9.90M | 9.90M | 9.90M | |||
| Shareholders' Equity | 413.82M | 466.41M | 571.38M | 384.89M | 1.10B | |
| Total Liabilities & Equity | 543.30M | 650.12M | 743.56M | 616.81M | 1.31B | |
| Total Debt | 94.06M | 94.88M | 149.06M | 203.78M | 190.53M | |
| Net Cash (Debt) | 23.73M | -17.07M | 16.60M | -201.95M | -174.08M | |
| Net Cash Per Share | 1.86 | -1.34 | 1.82 | -36.57 | -31.53 | |
| Filing Date Shares Outstanding | 12.81M | 12.80M | 12.70M | |||
| Total Common Shares Outstanding | 12.80M | 12.78M | 12.71M | |||
| Book Value Per Share | 31.54 | 35.73 | 44.18 | |||
| Tangible Book Value | 391.28M | 442.28M | 544.10M | 364.36M | 1.07B | |
| Tangible Book Value Per Share | 30.56 | 34.62 | 42.82 | |||
| Land | 9.50M | 9.50M | 9.50M | 9.50M | 21.23M | |
| Buildings | 531.21M | 537.24M | 522.67M | 528.30M | 956.94M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -123.24M | -115.34M | -152.62M | -838.07M | -111.28M | -80.87M |
| Depreciation & Amortization | 44.45M | 32.19M | 34.78M | 48.43M | 47.36M | 41.61M |
| Other Amortization | 53.00K | 53.00K | 475.00K | 463.00K | 500.00K | 527.00K |
| Gain (Loss) on Sale of Assets | 14.90M | 13.00M | ||||
| Asset Writedown | 339.00K | 672.49M | ||||
| Stock-Based Compensation | 14.15M | 15.08M | 3.34M | 1.50M | 869.00K | 483.00K |
| Income (Loss) on Equity Investments | -743.00K | -2.35M | 42.77M | 81.36M | 37.12M | 1.99M |
| Change in Accounts Receivable | -552.00K | 479.00K | 5.20M | -5.29M | 671.00K | -2.64M |
| Change in Accounts Payable | -5.48M | 2.83M | 8.84M | 1.60M | -6.19M | 7.21M |
| Change in Other Net Operating Assets | 11.62M | 2.15M | -364.00K | -12.43M | -754.00K | -2.15M |
| Other Operating Activities | 4.04M | 3.73M | 1.06M | -1.18M | 4.42M | -3.29M |
| Operating Cash Flow | -40.19M | -49.66M | -52.70M | -50.78M | -29.55M | -35.81M |
| Acquisition of Real Estate Assets | -28.52M | -30.76M | -69.25M | -62.79M | -97.92M | -101.97M |
| Net Sale / Acq. of Real Estate Assets | 108.89M | -30.76M | -69.25M | -62.79M | -97.92M | -101.97M |
| Cash Acquisition | 685.00K | |||||
| Investment in Marketable & Equity Securities | 1.21M | 6.26M | -33.64M | -45.51M | -100.11M | -1.16M |
| Investing Cash Flow | 110.10M | -23.82M | -102.88M | -108.30M | -198.03M | -103.14M |
| Long-Term Debt Issued | 115.00M | |||||
| Long-Term Debt Repaid | -2.00M | -55.60M | -101.81M | -1.91M | -1.75M | |
| Net Debt Issued (Repaid) | -63.35M | -2.00M | -55.60M | 13.19M | -1.91M | -1.75M |
| Issuance of Common Stock | 166.79M | |||||
| Repurchase of Common Stock | -3.56M | -3.37M | ||||
| Other Financing Activities | -1.40M | -1.61M | 168.40M | 123.03M | 239.32M | 185.92M |
| Net Cash Flow | 1.61M | -80.45M | 124.00M | -22.87M | 9.83M | 45.23M |
| Levered Free Cash Flow | 9.43M | -97.12M | 7.37M | -32.50M | ||
| Unlevered Free Cash Flow | 9.96M | -97.18M | 11.11M | -30.98M | ||
| Cash Interest Paid | 8.51M | 9.64M | 12.81M | 11.23M | 7.46M | 5.45M |
| Change in Working Capital | 5.58M | 5.46M | 13.68M | -16.11M | -6.27M | 2.42M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 294.81M | 251.77M | 355.11M | |||
| Enterprise Value | 271.08M | 251.06M | 491.45M | |||
| Last Close Price | 22.56 | 19.77 | 27.95 | |||
| PS Ratio | 2.36 | 1.90 | 4.55 | |||
| PB Ratio | 0.72 | 0.54 | 0.62 | |||
| EV/Sales Ratio | 2.17 | 1.89 | 6.29 | |||
| Debt / Equity Ratio | 0.23 | 0.20 | 0.26 | 0.53 | 0.17 | |
| Net Debt / Equity Ratio | -0.06 | 0.04 | -0.03 | 0.53 | 0.16 | |
| Net Debt / EBITDA Ratio | 0.47 | -0.29 | 0.21 | -2.71 | -3.08 | |
| Asset Turnover | 0.19 | 0.19 | 0.12 | 0.07 | ||
| Inventory Turnover | 60.31 | 75.80 | 52.73 | 46.37 | ||
| Quick Ratio | 5.29 | 1.05 | 9.99 | 0.69 | 1.39 | |
| Current Ratio | 5.94 | 3.08 | 11.16 | 3.35 | 4.60 | |
| Return on Equity (ROE) | -26.18% | -22.23% | -31.92% | -113.17% | ||
| Return on Assets (ROA) | -9.43% | -8.10% | -10.34% | -7.96% | ||
| Earnings Yield | -42.43% | -45.81% | -42.98% | |||
| Buyback Yield / Dilution | -0.57% | -39.65% | -64.94% |