NYSE : XRN
Chiron Real Estate Inc. — Financial statements
Financials · REIT - Industrial · United States
Last price 30.37 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 415.52M
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 | 150.29M | 147.68M | 138.41M | 140.93M | 137.17M | 115.80M |
| Other Revenue | 3.06M | 376.00K | 350.00K | 115.00K | 116.00K | 132.00K |
| Total Revenue | 153.35M | 148.06M | 138.76M | 141.05M | 137.28M | 115.94M |
| Property Expenses | 155.00K | 44.00K | 354.00K | 151.00K | ||
| Selling, General & Administrative | 60.20M | 56.12M | 51.74M | 50.01M | 46.67M | 35.86M |
| Depreciation & Amortization | 44.94M | 44.02M | 40.43M | 41.27M | 40.01M | 33.83M |
| Total Operating Expenses | 115.85M | 110.72M | 102.71M | 103.11M | 98.81M | 78.97M |
| Operating Income | 37.50M | 37.34M | 36.05M | 37.94M | 38.47M | 36.97M |
| Interest Expense | -32.62M | -31.75M | -28.69M | -30.89M | -25.23M | -19.70M |
| EBT Excluding Unusual Items | 4.88M | 5.59M | 7.36M | 7.04M | 13.24M | 17.27M |
| Gain (Loss) on Sale of Assets | 71.80M | 1.49M | 4.21M | 15.56M | 6.75M | 1.07M |
| Asset Writedown | -13.01M | -13.01M | -1.70M | |||
| Other Unusual Items | -944.00K | -944.00K | -3.18M | -868.00K | ||
| Pretax Income | 62.73M | -6.88M | 6.69M | 21.73M | 20.00M | 18.34M |
| Earnings From Continuing Operations | 62.73M | -6.88M | 6.69M | 21.73M | 20.00M | 18.34M |
| Minority Interest in Earnings | -4.78M | 1.05M | -59.00K | -1.12M | -854.00K | -720.00K |
| Net Income | 57.95M | -5.84M | 6.63M | 20.61M | 19.14M | 17.62M |
| Preferred Dividends & Other Adjustments | 8.82M | 6.28M | 5.82M | 5.82M | 5.82M | 5.82M |
| Net Income to Common | 49.12M | -12.12M | 811.00K | 14.79M | 13.32M | 11.80M |
| Basic Shares Outstanding | 13.31M | 13.38M | 13.19M | 13.11M | 13.09M | 12.13M |
| Diluted Shares Outstanding | 13.31M | 13.38M | 13.19M | 13.11M | 13.09M | 12.13M |
| EPS (Basic) | 3.69 | -0.91 | 0.06 | 1.13 | 1.02 | 0.97 |
| EPS (Diluted) | 3.69 | -0.91 | 0.06 | 1.13 | 1.02 | 0.97 |
| Dividend Per Share | 2.28 | 3.33 | 4.20 | 4.20 | 4.20 | 4.10 |
| Operating Margin | 24.45% | 25.22% | 25.98% | 26.90% | 28.02% | 31.89% |
| Profit Margin | 32.03% | -8.18% | 0.58% | 10.49% | 9.70% | 10.18% |
| EBITDA | 92.51M | 91.58M | 87.59M | 91.86M | 91.19M | 80.36M |
| EBITDA Margin | 60.32% | 61.86% | 63.12% | 65.13% | 66.43% | 69.31% |
| D&A For Ebitda | 55.01M | 54.24M | 51.54M | 53.93M | 52.72M | 43.39M |
| EBIT | 37.50M | 37.34M | 36.05M | 37.94M | 38.47M | 36.97M |
| EBIT Margin | 24.45% | 25.22% | 25.98% | 26.90% | 28.02% | 31.89% |
| Funds From Operations (FFO) | 55.34M | 57.58M | 53.61M | 58.36M | 64.03M | 58.22M |
| FFO Per Share | 3.97 | 3.76 | 4.15 | |||
| Adjusted Funds From Operations (AFFO) | 64.26M | 65.76M | 63.36M | 64.31M | 68.04M | 61.36M |
| AFFO Per Share | 4.53 | 4.44 | 4.57 | |||
| FFO Payout Ratio | 78.80% | 90.84% | 111.68% | 101.14% | 91.24% | 90.18% |
| Revenue as Reported | 153.43M | 148.21M | 138.78M | 141.05M | 137.28M | 115.94M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Property, Plant & Equipment | 1.22B | 1.12B | 1.12B | 1.12B | 1.20B | 1.12B |
| Cash & Equivalents | 10.66M | 9.08M | 6.82M | 1.28M | 4.02M | 7.21M |
| Accounts Receivable | 6.79M | 35.91M | 35.43M | 33.52M | 37.51M | 31.43M |
| Other Receivables | 728.00K | 162.00K | 270.00K | 193.00K | 200.00K | 163.00K |
| Goodwill | 5.90M | 5.90M | 5.90M | 5.90M | 5.90M | 5.90M |
| Other Intangible Assets | 37.48M | 33.37M | 38.75M | 47.91M | 66.35M | 63.35M |
| Restricted Cash | 2.26M | 2.81M | 2.13M | 5.45M | 10.44M | 5.55M |
| Other Current Assets | 4.17M | 2.10M | 2.16M | 2.05M | 9.21M | 7.87M |
| Trading Asset Securities | 10.90M | 6.10M | 18.61M | 25.12M | 34.70M | 1.24M |
| Deferred Long-Term Charges | 19.70M | 23.50M | 28.79M | 24.68M | 26.67M | 24.65M |
| Other Long-Term Assets | 54.63M | 1.78M | 2.07M | 257.00K | ||
| Total Assets | 1.37B | 1.24B | 1.26B | 1.27B | 1.39B | 1.26B |
| Current Portion of Long-Term Debt | 59.00K | 117.00K | 7.79M | |||
| Current Portion of Leases | 599.00K | 1.13M | ||||
| Long-Term Debt | 633.06M | 653.74M | 646.13M | 611.23M | 694.12M | 571.73M |
| Long-Term Leases | 12.79M | 12.30M | 7.46M | 7.68M | 2.92M | 4.48M |
| Accounts Payable | 20.97M | 18.29M | 16.47M | 12.78M | 13.82M | 10.34M |
| Other Current Liabilities | 8.91M | 12.48M | 16.52M | 16.13M | 15.82M | 15.67M |
| Long-Term Unearned Revenue | 4.22M | 5.97M | 6.73M | 5.09M | 4.44M | 3.23M |
| Other Long-Term Liabilities | 7.10M | 8.37M | 7.26M | 8.97M | 13.07M | 12.67M |
| Total Liabilities | 687.71M | 712.40M | 700.57M | 661.89M | 744.20M | 625.91M |
| Preferred Stock, Redeemable | 220.22M | 124.11M | 74.96M | 74.96M | 74.96M | 74.96M |
| Common Stock | 13.00K | 13.00K | 13.00K | 66.00K | 66.00K | 65.00K |
| Additional Paid-In Capital | 729.51M | 729.51M | 734.28M | 722.42M | 721.99M | 711.41M |
| Retained Earnings | -303.70M | -349.96M | -293.74M | -238.98M | -198.71M | -157.02M |
| Comprehensive Income & Other | 10.90M | 6.10M | 18.61M | 25.12M | 34.67M | -6.64M |
| Total Common Equity | 436.72M | 385.66M | 459.17M | 508.62M | 558.02M | 547.83M |
| Minority Interest | 27.12M | 20.30M | 21.79M | 22.23M | 16.08M | 14.79M |
| Shareholders' Equity | 684.07M | 530.07M | 555.92M | 605.81M | 649.07M | 637.58M |
| Total Liabilities & Equity | 1.37B | 1.24B | 1.26B | 1.27B | 1.39B | 1.26B |
| Total Debt | 646.51M | 667.29M | 653.59M | 618.91M | 697.04M | 584.00M |
| Net Cash (Debt) | -624.95M | -652.10M | -628.16M | -592.51M | -658.32M | -575.55M |
| Net Cash Per Share | -46.96 | -48.74 | -47.64 | -45.20 | -50.28 | -47.46 |
| Filing Date Shares Outstanding | 13.24M | 13.23M | 13.37M | 13.11M | 13.11M | 13.08M |
| Total Common Shares Outstanding | 13.23M | 13.23M | 13.37M | 13.11M | 13.10M | 12.98M |
| Book Value Per Share | 33.00 | 29.14 | 34.33 | 38.79 | 42.59 | 42.22 |
| Tangible Book Value | 393.34M | 346.39M | 414.51M | 454.81M | 485.77M | 478.58M |
| Tangible Book Value Per Share | 29.72 | 26.17 | 30.99 | 34.68 | 37.07 | 36.88 |
| Land | 184.44M | 169.92M | 174.30M | 164.31M | 168.31M | 152.06M |
| Buildings | 1.14B | 1.07B | 1.04B | 1.04B | 1.08B | 985.09M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 57.95M | -5.84M | 6.63M | 20.61M | 19.14M | 17.62M |
| Depreciation & Amortization | 55.01M | 54.24M | 51.54M | 53.93M | 52.72M | 43.39M |
| Other Amortization | 7.91M | 7.58M | 7.03M | 7.63M | 7.62M | 6.07M |
| Gain (Loss) on Sale of Assets | -71.80M | -1.49M | -4.21M | -15.56M | -6.75M | -1.07M |
| Asset Writedown | 13.01M | 13.01M | 1.70M | |||
| Stock-Based Compensation | 5.22M | 4.50M | 5.10M | 4.24M | 4.68M | 5.81M |
| Income (Loss) on Equity Investments | 80.00K | 150.00K | 20.00K | |||
| Change in Accounts Receivable | 932.00K | 199.00K | -1.48M | 426.00K | -2.97M | -657.00K |
| Change in Accounts Payable | 2.68M | 3.17M | 2.98M | -2.02M | 4.06M | 1.92M |
| Change in Other Net Operating Assets | -826.00K | -1.02M | -285.00K | -4.09M | -2.83M | -5.09M |
| Other Operating Activities | 4.95M | -900.00K | 195.00K | 2.42M | 875.00K | 782.00K |
| Operating Cash Flow | 75.11M | 73.61M | 70.05M | 68.44M | 76.54M | 68.97M |
| Acquisition of Real Estate Assets | -262.75M | -81.69M | -95.12M | -10.05M | -156.20M | -201.66M |
| Sale of Real Estate Assets | 225.20M | 22.95M | 57.37M | 78.92M | 17.99M | 5.48M |
| Net Sale / Acq. of Real Estate Assets | -37.55M | -58.73M | -37.75M | 68.87M | -138.21M | -196.18M |
| Investment in Marketable & Equity Securities | -30.75M | 135.00K | -2.09M | |||
| Other Investing Activities | -7.36M | -1.80M | -6.11M | -1.26M | -38.00K | 1.52M |
| Investing Cash Flow | -75.67M | -60.40M | -45.94M | 67.62M | -137.25M | -194.66M |
| Long-Term Debt Issued | 138.30M | 143.80M | 83.10M | 138.60M | 221.60M | |
| Total Debt Issued | 284.90M | 138.30M | 143.80M | 83.10M | 138.60M | 221.60M |
| Long-Term Debt Repaid | -124.99M | -111.14M | -169.19M | -16.66M | -232.20M | |
| Total Debt Repaid | -359.56M | -124.99M | -111.14M | -169.19M | -16.66M | -232.20M |
| Net Debt Issued (Repaid) | -74.66M | 13.31M | 32.66M | -86.09M | 121.94M | -10.60M |
| Issuance of Common Stock | 10.90M | 9.90M | 205.52M | |||
| Repurchase of Common Stock | -6.00M | -6.00M | ||||
| Preferred Stock Issued | 145.27M | 49.15M | ||||
| Common Dividends Paid | -43.60M | -52.31M | -59.87M | -59.02M | -58.42M | -52.50M |
| Preferred Dividends Paid | -8.14M | -5.82M | -5.82M | -5.82M | -5.82M | -5.82M |
| Total Dividends Paid | -51.75M | -58.13M | -65.69M | -64.85M | -64.24M | -58.32M |
| Other Financing Activities | -8.60M | -8.58M | 252.00K | 7.15M | -5.19M | -8.89M |
| Net Cash Flow | 3.69M | 2.95M | 2.22M | -7.73M | 1.70M | 2.01M |
| Levered Free Cash Flow | 95.00M | 66.62M | 73.56M | 85.63M | 64.57M | 63.86M |
| Unlevered Free Cash Flow | 112.00M | 83.47M | 89.25M | 102.56M | 78.14M | 74.19M |
| Cash Interest Paid | 26.98M | 27.78M | 26.57M | 30.15M | 21.62M | 17.71M |
| Change in Working Capital | 2.79M | 2.35M | 1.21M | -5.69M | -1.74M | -3.82M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 415.52M | 452.36M | 515.72M | 727.77M | 621.11M | 1.14B |
| Enterprise Value | 1.04B | 1.26B | 1.23B | 1.41B | 1.37B | 1.79B |
| Last Close Price | 30.37 | 32.27 | 33.65 | 44.03 | 34.42 | 59.74 |
| Price/FFO Ratio | 8.13 | 8.96 | 10.62 | |||
| Price/AFFO Ratio | 7.12 | 7.58 | 9.64 | |||
| PE Ratio | 8.23 | 635.91 | 49.21 | 46.63 | 96.58 | |
| PS Ratio | 2.71 | 3.06 | 3.72 | 5.16 | 4.52 | 9.83 |
| PB Ratio | 0.92 | 0.85 | 0.93 | 1.20 | 0.96 | 1.79 |
| P/OCF Ratio | 5.53 | 6.14 | 7.36 | 10.63 | 8.12 | 16.52 |
| EV/Sales Ratio | 6.78 | 8.49 | 8.85 | 10.00 | 9.96 | 15.47 |
| EV/EBITDA Ratio | 11.25 | 13.72 | 14.03 | 15.35 | 15.00 | 22.31 |
| EV/EBIT Ratio | 27.74 | 33.65 | 34.08 | 37.18 | 35.55 | 48.50 |
| Debt / Equity Ratio | 0.94 | 1.26 | 1.18 | 1.02 | 1.07 | 0.92 |
| Debt / EBITDA Ratio | 6.65 | 6.92 | 7.08 | 6.38 | 7.25 | 6.93 |
| Net Debt / Equity Ratio | 0.91 | 1.23 | 1.13 | 0.98 | 1.01 | 0.90 |
| Net Debt / EBITDA Ratio | 6.76 | 7.12 | 7.17 | 6.45 | 7.22 | 7.16 |
| Asset Turnover | 0.12 | 0.12 | 0.11 | 0.11 | 0.10 | 0.10 |
| Quick Ratio | 0.95 | 1.60 | 1.85 | 2.08 | 2.58 | 1.18 |
| Current Ratio | 1.26 | 1.75 | 1.98 | 2.34 | 3.24 | 1.58 |
| Return on Equity (ROE) | 10.38% | -1.27% | 1.15% | 3.46% | 3.11% | 3.35% |
| Return on Assets (ROA) | 1.76% | 1.87% | 1.79% | 1.78% | 1.81% | 1.95% |
| Earnings Yield | 12.15% | -1.29% | 1.29% | 2.83% | 3.08% | 1.55% |
| Dividend Yield | 6.32% | 9.74% | 10.89% | 7.57% | 8.86% | 4.67% |
| Payout Ratio | 66.65% | 990.35% | 314.61% | 335.61% | 330.96% | |
| Buyback Yield / Dilution | 0.06% | -1.46% | -0.59% | -0.13% | -7.95% | -31.10% |
| Total Shareholder Return | 6.38% | 8.29% | 10.30% | 7.43% | 0.91% | -26.43% |