CTO Realty Growth, Inc. (CTO) Key Metrics
CTO valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $770.0M
- Enterprise value
- $1.36B
- P/E (TTM)
- 15.0 10-yr median 12.1
- Forward P/E
- 122.0
- PEG ratio
- —
- Price / sales
- 4.8 10-yr median 3.8
- Price / book
- 1.2 10-yr median 0.9
- EV / EBITDA
- 9.5 10-yr median 12.4
- Dividend yield
- 7.40% $1.52 a year
- Beta
- 0.63
CTO key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsCTO valuation Price multiples at each fiscal year-end price.
CTO returns How much profit the business earns on the capital it uses.
CTO per-share figures Results divided by the shares outstanding at year-end.
CTO financial health Debt, liquidity and how easily interest is covered.
CTO efficiency & capital use Working capital cycle and where the cash goes.
CTO valuation history
CTO returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
CTO debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
CTO cash returned to shareholders
CTO price vs earnings per share
CTO key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $594.5M | $500.7M | $390.4M | $338.3M | $361.9M | $198.4M | $245.5M | $236.4M | $288.4M | $248.1M |
| Enterprise value | $1.16B | $971.3M | $836.6M | $722.6M | $638.0M | $601.4M | $562.1M | $555.1M | $549.7M | $477.4M |
| P/E ratio | 58.9 | — | 70.6 | 107.1 | 12.1 | 2.5 | 2.1 | 6.4 | 6.9 | 15.3 |
| Price / sales | 4.0 | 4.0 | 3.6 | 4.1 | 5.2 | 3.5 | 5.5 | 2.7 | 3.2 | 3.5 |
| Price / book | 1.0 | 0.8 | 0.9 | 0.7 | 0.8 | 0.6 | 0.9 | 1.1 | 1.6 | 1.7 |
| Price / free cash flow | 9.2 | 8.4 | 8.4 | 6.0 | 13.1 | — | — | — | — | — |
| Price / operating cash flow | 9.2 | 8.4 | 8.4 | 6.0 | 13.1 | 11.7 | 15.0 | 4.9 | 5.0 | 17.4 |
| EV / sales | 7.8 | 7.8 | 7.7 | 8.8 | 9.1 | 10.7 | 12.5 | 6.4 | 6.0 | 6.7 |
| EV / EBITDA | 11.9 | 12.9 | 11.7 | 15.5 | 11.4 | 24.6 | 19.7 | 11.8 | 27.6 | 10.7 |
| EV / free cash flow | 18.0 | 16.2 | 18.0 | 12.9 | 23.1 | — | — | — | — | — |
| Earnings yield | 1.7% | −0.4% | 1.4% | 0.9% | 8.3% | 39.6% | 46.8% | 15.7% | 14.5% | 6.6% |
| Free cash flow yield | 10.9% | 12.0% | 11.9% | 16.6% | 7.6% | −76.1% | −54.7% | −25.7% | −12.9% | −11.4% |
| Dividend yield | 9.5% | 9.4% | 10.0% | 10.0% | 7.2% | 7.3% | 0.9% | 0.6% | 0.3% | 0.3% |
| Shareholder yield (dividends + buybacks) | 11.1% | 9.5% | 11.7% | 10.8% | 7.8% | 9.4% | 17.6% | 4.8% | 2.8% | 3.3% |
| Share price at fiscal year-end | $18.41 | $19.71 | $17.33 | $18.28 | $20.47 | $14.05 | $16.37 | $14.25 | $17.24 | $14.50 |
| Per share | ||||||||||
| Revenue per share | $4.63 | $4.90 | $4.84 | $4.45 | $3.98 | $3.99 | $3.00 | $5.23 | $5.46 | $4.15 |
| Earnings per share | $0.31 | −$0.08 | $0.25 | $0.17 | $1.69 | $5.56 | $7.67 | $2.24 | $2.49 | $0.95 |
| Operating cash flow per share | $2.00 | $2.36 | $2.06 | $3.03 | $1.56 | $1.20 | $1.09 | $2.93 | $3.44 | $0.84 |
| Free cash flow per share | $2.00 | $2.36 | $2.06 | $3.03 | $1.56 | −$10.69 | −$8.96 | −$3.66 | −$2.22 | −$1.66 |
| Cash per share | $1.48 | $1.92 | $2.20 | $3.32 | $2.81 | $2.47 | $3.02 | $0.14 | $0.39 | $0.45 |
| Book value per share | $17.57 | $24.12 | $20.31 | $27.27 | $24.35 | $24.86 | $19.04 | $12.77 | $11.01 | $8.67 |
| Tangible book value per share | $14.95 | $21.01 | $16.00 | $20.97 | $18.67 | $21.31 | $15.77 | $10.14 | $8.69 | $6.64 |
| Dividends per share | $1.75 | $1.85 | $1.73 | $1.82 | $1.47 | $1.03 | $0.15 | $0.09 | $0.06 | $0.04 |
| Capex per share | $0.47 | $0.69 | $4.57 | $16.96 | $7.32 | $11.89 | $10.05 | $6.59 | $5.66 | $2.49 |
| Debt per share | $19.09 | $20.44 | $22.01 | $24.08 | $18.43 | $31.02 | $24.14 | $19.35 | $16.01 | $13.86 |
| Shares outstanding | 32.3M | 25.4M | 22.5M | 18.5M | 17.7M | 14.1M | 15.0M | 16.6M | 16.7M | 17.1M |
| Change in shares outstanding | +27.1% | +12.7% | +21.7% | +4.7% | +25.2% | −5.9% | −9.6% | −0.9% | −2.2% | −2.3% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 1.7% | −0.4% | 1.1% | 0.7% | 7.7% | 24.7% | 46.3% | 18.8% | 25.1% | 11.3% |
| Return on invested capital (ROIC) | 2.9% | 1.4% | 2.7% | 2.2% | 3.2% | 1.4% | 4.5% | 9.5% | 6.7% | 5.8% |
| Return on assets (ROA) | 0.8% | −0.2% | 0.6% | 0.4% | 4.3% | 11.5% | 18.3% | 7.3% | 9.5% | 4.0% |
| Return on tangible assets | 0.9% | −0.2% | 0.6% | 0.4% | 4.7% | 12.8% | 17.6% | 7.2% | 9.8% | 4.3% |
| Free cash flow margin | 43.2% | 48.1% | 42.5% | 68.1% | 39.2% | −267.6% | −298.8% | −70.1% | −40.6% | −39.9% |
| Income quality (OCF / net income) | 6.40 | — | 8.39 | 17.76 | 0.92 | 0.22 | 0.14 | 1.31 | 1.38 | 0.88 |
| Financial health | ||||||||||
| Total debt | $616.6M | $519.3M | $495.8M | $445.6M | $325.7M | $437.9M | $361.9M | $321.0M | $267.9M | $237.1M |
| Cash & short-term investments | $47.8M | $48.7M | $49.7M | $61.4M | $49.7M | $34.9M | $45.3M | $2.3M | $6.6M | $7.8M |
| Net debt | $568.8M | $470.6M | $446.1M | $384.3M | $276.1M | $403.0M | $316.6M | $318.7M | $261.3M | $229.3M |
| Debt / equity | 1.09 | 0.85 | 1.08 | 0.88 | 0.76 | 1.25 | 1.27 | 1.52 | 1.45 | 1.60 |
| Debt / assets | 0.49 | 0.44 | 0.50 | 0.45 | 0.44 | 0.66 | 0.51 | 0.58 | 0.57 | 0.58 |
| Net debt / EBITDA | 5.83 | 6.27 | 6.22 | 8.25 | 4.95 | 16.48 | 11.12 | 6.77 | 13.11 | 5.12 |
| Current ratio | 6.50 | 2.44 | 2.10 | 1.65 | 4.35 | 4.57 | 2.16 | 6.64 | 1.01 | 1.53 |
| Quick ratio | 6.49 | 2.43 | 2.09 | 1.74 | 2.93 | 2.56 | 0.64 | 0.35 | 0.77 | 0.89 |
| Interest coverage | 1.2 | 0.8 | 1.2 | 1.6 | 2.6 | 1.1 | 2.7 | 6.1 | 4.7 | 4.3 |
| Working capital | $179.3M | $107.7M | $71.7M | $42.0M | $61.2M | $51.0M | $98.6M | $83.3M | $112,619 | $6.4M |
| Invested capital | $1.14B | $1.08B | $903.7M | $889.0M | $706.6M | $753.9M | $602.0M | $530.4M | $445.5M | $377.6M |
| Tangible asset value | $482.6M | $533.6M | $360.4M | $388.1M | $330.0M | $300.7M | $236.4M | $168.2M | $145.4M | $113.6M |
| Net current asset value | −$484.6M | −$386.1M | −$395.3M | −$375.6M | −$223.1M | −$249.8M | −$234.6M | −$246.4M | −$267.8M | −$241.8M |
| Graham number | $11.11 | — | $10.59 | $10.23 | $30.46 | $55.78 | $57.31 | $25.37 | $24.85 | $13.61 |
| Graham net-net per share | −$17.08 | −$16.76 | −$18.75 | −$21.12 | −$13.56 | −$18.83 | −$20.26 | −$17.82 | −$16.31 | −$14.50 |
| Capital allocation | ||||||||||
| Dividends paid | $56.6M | $47.1M | $39.0M | $33.7M | $25.9M | $14.5M | $2.2M | $1.5M | $997,461 | $682,097 |
| Share buybacks (net) | $9.5M | $664,000 | $6.6M | $2.8M | $2.2M | $4.1M | $41.1M | $9.8M | $7.2M | $7.4M |
| Dividend payout ratio | 560.4% | — | 705.9% | — | 86.5% | 18.4% | 1.9% | 4.0% | 2.4% | 4.2% |
| Dividends + buybacks / free cash flow | 102.2% | 79.8% | 98.3% | 65.0% | 102.0% | — | — | — | — | — |
| Capex / revenue | 10.1% | 14.0% | 94.3% | 381.3% | 184.2% | 297.6% | 335.3% | 126.2% | 103.5% | 60.0% |
| Capex / operating cash flow | 23.5% | 29.2% | 221.8% | 559.6% | 469.5% | 991.2% | 918.4% | 224.8% | 164.4% | 298.3% |
| Capex / depreciation | 0.25 | 0.27 | 2.33 | 10.88 | 6.29 | 8.80 | 9.54 | 6.78 | 7.47 | 5.20 |
| Stock-based compensation / revenue | 2.8% | 2.9% | 3.4% | 3.9% | 4.5% | 4.9% | 6.0% | 1.9% | 1.6% | 4.5% |
| R&D / revenue | — | — | 0.0% | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| SG&A / revenue | 12.4% | 13.1% | 13.1% | 15.7% | 15.7% | 18.0% | 20.8% | 11.3% | 11.2% | 14.5% |
| Efficiency | ||||||||||
| Days sales outstanding | 311.4 | 300.9 | 204.9 | 96.1 | 1.2 | 18.1 | 23.5 | 2.8 | 4.1 | 4.6 |
| Days of inventory on hand | 0.7 | 5.7 | -28.4 | 163.7 | 444.3 | 1,894.9 | 5,707.9 | 892.7 | 66.1 | 431.5 |
| Days payables outstanding | 5.8 | 33.2 | 32.1 | 25.7 | 14.0 | 29.2 | 62.2 | 27.0 | 20.4 | 24.4 |
| Cash conversion cycle (days) | 306.3 | 273.4 | 144.5 | 234.1 | 431.5 | 1,883.9 | 5,669.2 | 868.5 | 49.8 | 411.7 |
| Receivables turnover | 1.17 | 1.21 | 1.78 | 3.80 | 300.31 | 20.14 | 15.50 | 129.23 | 88.73 | 78.86 |
| Payables turnover | 63.35 | 11.01 | 11.38 | 14.20 | 26.04 | 12.51 | 5.87 | 13.50 | 17.92 | 14.97 |
| Inventory turnover | 526.51 | 64.45 | — | — | 0.82 | 0.19 | 0.06 | 0.41 | 5.52 | 0.85 |
| Asset turnover | 0.12 | 0.11 | 0.11 | 0.10 | 0.10 | 0.08 | 0.07 | 0.17 | 0.21 | 0.17 |
| Average receivables | $127.6M | $102.6M | $61.3M | $21.7M | $234,000 | $2.8M | $2.9M | $670,802 | $1.0M | $901,231 |
| Average payables | $2.5M | $3.0M | $2.7M | $1.6M | $861,500 | $1.2M | $1.2M | $1.5M | $1.7M | $1.7M |
| Average inventory | $300,000 | $515,500 | −$2.3M | $10.3M | $27.3M | $79.0M | $111.1M | $48.1M | $5.5M | $30.5M |
| Intangibles / total assets | 6.7% | 6.7% | 9.8% | 11.8% | 13.7% | 7.5% | 7.0% | 7.8% | 8.3% | 8.5% |
Computed from CTO's annual financial statements (latest annual report filed February 19, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
CTO valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), CTO Realty Growth traded at 58.9 times earnings, against a 10-year median of 12.1. Based on the latest twelve months, the trailing P/E is 15.0 and the forward P/E is 122.0. CTO Realty Growth earned a return on equity of 1.7% and a return on invested capital of 2.9% in fiscal 2025. It ended the year with $616.6 million of debt and $47.8 million in cash and short-term investments, net debt of $568.8 million. It returned $66.0 million to shareholders: $56.6 million in dividends and $9.5 million in share buybacks, 102% of free cash flow. The share count rose 88.8% from 17.1M to 32.3M over 9 years.
See the CTO income statement, the CTO chart for price history, or the CTO stock overview for the latest quote and news.
CTO key metrics FAQ
What is CTO Realty Growth's P/E ratio?
CTO Realty Growth's trailing P/E ratio is 15.0 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 122.0. At the end of fiscal 2025 it was 58.9, compared with a 10-year median of 12.1.
What is CTO Realty Growth's EV/EBITDA?
CTO Realty Growth's enterprise value was 11.9 times EBITDA at the end of fiscal 2025 (enterprise value $1.2 billion, EBITDA $97.5 million); the current EV/EBITDA is 9.5.
What is CTO Realty Growth's return on equity?
CTO Realty Growth's return on equity (ROE) was 1.7% in fiscal 2025: net income of $10.1 million on average shareholders' equity of $590.1 million.
What is CTO Realty Growth's ROIC?
CTO Realty Growth's return on invested capital was 2.9% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does CTO Realty Growth have?
CTO Realty Growth had total debt of $616.6 million at the end of fiscal 2025, a debt-to-equity ratio of 1.09 and $568.8 million of net debt (5.83 times EBITDA).
What is CTO Realty Growth's dividend yield?
CTO Realty Growth's forward dividend yield is 7.40%. CTO Realty Growth paid $56.6 million in dividends in fiscal 2025 ($1.75 per share), a payout ratio of 560.4%.
Does CTO Realty Growth buy back its shares?
Yes. CTO Realty Growth spent $9.5 million on net share repurchases in fiscal 2025 Shares outstanding changed +27.1% over the year, to 32.3M..
What is CTO Realty Growth's free cash flow yield?
CTO Realty Growth generated $64.6 million of free cash flow in fiscal 2025, a free cash flow yield of 10.9% on its market value at year-end ($594.5 million).
What is CTO Realty Growth's current ratio?
CTO Realty Growth's current ratio was 6.50 at the end of fiscal 2025: current assets were 6.50 times current liabilities.