Regency Centers Corporation (REG) Key Metrics
REG valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $13.69B
- Enterprise value
- $18.84B
- P/E (TTM)
- 24.7 10-yr median 37.8
- Forward P/E
- 28.9
- PEG ratio
- 2.70
- Price / sales
- 8.1 10-yr median 9.0
- Price / book
- 2.0 10-yr median 1.7
- EV / EBITDA
- 16.0 10-yr median 19.8
- Dividend yield
- 4.04% $3.02 a year
- Beta
- 0.82
REG key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsREG valuation Price multiples at each fiscal year-end price.
REG returns How much profit the business earns on the capital it uses.
REG per-share figures Results divided by the shares outstanding at year-end.
REG financial health Debt, liquidity and how easily interest is covered.
REG efficiency & capital use Working capital cycle and where the cash goes.
REG valuation history
REG returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
REG debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
REG cash returned to shareholders
REG price vs earnings per share
REG key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $12.58B | $13.53B | $11.82B | $10.74B | $12.86B | $7.73B | $10.58B | $9.98B | $11.07B | $6.98B |
| Enterprise value | $18.40B | $18.49B | $16.53B | $18.69B | $17.07B | $11.53B | $14.87B | $13.80B | $15.23B | $8.89B |
| P/E ratio | 23.8 | 33.8 | 32.4 | 22.2 | 35.6 | 172.1 | 44.2 | 40.1 | 62.8 | 42.3 |
| Price / sales | 8.1 | 9.0 | 8.6 | 8.4 | 10.7 | 7.4 | 9.3 | 8.9 | 11.2 | 11.4 |
| Price / book | 1.8 | 2.0 | 1.7 | 1.7 | 2.1 | 1.3 | 1.7 | 1.5 | 1.6 | 2.7 |
| Price / free cash flow | 31.9 | 30.3 | 22.5 | 16.3 | 32.4 | 14.8 | 26.4 | 17.7 | 77.5 | 127.5 |
| Price / operating cash flow | 15.2 | 17.1 | 16.4 | 16.4 | 19.5 | 15.5 | 17.0 | 16.4 | 23.5 | 24.1 |
| EV / sales | 11.8 | 12.3 | 12.1 | 14.7 | 14.2 | 11.0 | 13.1 | 12.3 | 15.5 | 14.5 |
| EV / EBITDA | 16.6 | 19.7 | 19.7 | 22.8 | 22.1 | 19.0 | 20.0 | 18.7 | 26.6 | 23.8 |
| EV / free cash flow | 46.7 | 41.3 | 31.5 | 28.3 | 43.0 | 22.0 | 37.1 | 24.4 | 106.6 | 162.2 |
| Earnings yield | 4.2% | 3.0% | 3.1% | 4.5% | 2.8% | 0.6% | 2.3% | 2.5% | 1.6% | 2.4% |
| Free cash flow yield | 3.1% | 3.3% | 4.4% | 6.2% | 3.1% | 6.8% | 3.8% | 5.7% | 1.3% | 0.8% |
| Dividend yield | 4.2% | 3.7% | 3.9% | 4.0% | 3.1% | 3.9% | 3.7% | 3.8% | 3.0% | 3.2% |
| Shareholder yield (dividends + buybacks) | 4.2% | 5.3% | 4.2% | 4.8% | 3.2% | 4.0% | 4.1% | 6.0% | 3.1% | 3.3% |
| Share price at fiscal year-end | $69.03 | $73.93 | $67.00 | $62.50 | $75.35 | $45.59 | $63.09 | $58.68 | $69.18 | $68.95 |
| Per share | ||||||||||
| Revenue per share | $8.53 | $8.21 | $7.77 | $7.40 | $7.05 | $6.18 | $6.75 | $6.59 | $6.15 | $6.07 |
| Earnings per share | $2.89 | $2.19 | $2.07 | $2.81 | $2.12 | $0.26 | $1.43 | $1.46 | $1.10 | $1.63 |
| Operating cash flow per share | $4.54 | $4.32 | $4.08 | $3.82 | $3.86 | $2.95 | $3.70 | $3.59 | $2.95 | $2.86 |
| Free cash flow per share | $2.16 | $2.44 | $2.98 | $3.85 | $2.32 | $3.09 | $2.39 | $3.32 | $0.89 | $0.54 |
| Cash per share | $0.66 | $0.31 | $0.48 | $0.40 | $0.55 | $2.23 | $0.69 | $0.25 | $0.31 | $0.18 |
| Book value per share | $37.90 | $36.74 | $39.87 | $35.96 | $35.37 | $35.75 | $37.49 | $37.92 | $42.09 | $25.91 |
| Tangible book value per share | $34.68 | $34.57 | $37.32 | $33.84 | $33.14 | $33.61 | $34.21 | $33.80 | $37.16 | $23.57 |
| Dividends per share | $2.88 | $2.75 | $2.59 | $2.49 | $2.36 | $1.77 | $2.33 | $2.21 | $2.05 | $2.19 |
| Capex per share | $2.39 | $1.88 | $1.11 | $0.03 | $1.54 | $0.14 | $1.32 | $0.27 | $2.05 | $2.32 |
| Debt per share | $32.58 | $27.42 | $27.21 | $46.69 | $25.18 | $24.71 | $26.25 | $22.69 | $26.37 | $18.97 |
| Shares outstanding | 182.2M | 183.0M | 176.4M | 171.8M | 170.7M | 169.5M | 167.8M | 170.1M | 160.0M | 101.3M |
| Change in shares outstanding | −0.4% | +3.8% | +2.7% | +0.6% | +0.7% | +1.0% | −1.4% | +6.3% | +57.9% | +6.8% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 7.7% | 5.8% | 5.5% | 7.9% | 6.0% | 0.7% | 3.8% | 3.8% | 3.8% | 7.0% |
| Return on invested capital (ROIC) | 3.7% | 8.2% | 6.8% | 6.9% | 7.9% | 6.5% | 2.9% | 3.1% | 2.9% | 2.2% |
| Return on assets (ROA) | 4.2% | 3.2% | 3.1% | 4.5% | 3.3% | 0.4% | 2.2% | 2.3% | 2.3% | 3.8% |
| Return on tangible assets | 4.2% | 3.3% | 3.0% | 4.6% | 3.5% | 0.4% | 2.3% | 2.4% | 1.7% | 3.9% |
| Free cash flow margin | 25.3% | 29.8% | 38.4% | 52.0% | 32.9% | 50.0% | 35.4% | 50.4% | 14.5% | 8.9% |
| Income quality (OCF / net income) | 1.57 | 1.97 | 1.97 | 1.36 | 1.82 | 11.12 | 2.59 | 2.45 | 2.68 | 1.75 |
| Financial health | ||||||||||
| Total debt | $5.94B | $5.02B | $4.80B | $8.02B | $4.30B | $4.19B | $4.40B | $3.86B | $4.22B | $1.92B |
| Cash & short-term investments | $120.7M | $56.3M | $85.0M | $68.8M | $93.1M | $378.4M | $115.6M | $42.5M | $49.4M | $17.9M |
| Net debt | $5.82B | $4.96B | $4.71B | $7.95B | $4.20B | $3.81B | $4.29B | $3.82B | $4.17B | $1.90B |
| Debt / equity | 0.86 | 0.75 | 0.68 | 1.30 | 0.71 | 0.69 | 0.70 | 0.60 | 0.63 | 0.73 |
| Debt / assets | 0.46 | 0.40 | 0.39 | 0.74 | 0.40 | 0.38 | 0.40 | 0.35 | 0.38 | 0.43 |
| Net debt / EBITDA | 5.23 | 5.28 | 5.61 | 9.72 | 5.45 | 6.28 | 5.76 | 5.16 | 7.27 | 5.09 |
| Current ratio | 1.05 | 0.73 | 0.64 | 0.81 | 0.85 | 0.98 | 0.47 | 0.75 | 0.29 | 0.38 |
| Quick ratio | 1.05 | 0.73 | 0.00 | 0.83 | 0.85 | 0.98 | 0.48 | 0.80 | 0.26 | 0.32 |
| Interest coverage | 2.7 | 5.1 | 5.6 | 5.8 | 5.5 | 4.3 | 2.1 | 2.3 | 1.8 | 2.3 |
| Working capital | $17.1M | −$123.6M | −$185.5M | −$59.6M | −$48.6M | −$11.0M | −$367.6M | −$91.7M | −$605.5M | −$259.2M |
| Invested capital | $12.72B | $11.69B | $11.75B | $14.13B | $10.24B | $9.87B | $10.58B | $10.27B | $10.90B | $4.53B |
| Tangible asset value | $6.59B | $6.50B | $6.74B | $5.81B | $5.73B | $5.70B | $5.74B | $5.75B | $5.94B | $2.39B |
| Net current asset value | −$5.43B | −$5.16B | −$4.91B | −$4.42B | −$4.41B | −$4.32B | −$4.51B | −$4.22B | −$4.16B | −$1.71B |
| Graham number | $49.68 | $42.52 | $43.06 | $47.69 | $41.05 | $14.60 | $34.70 | $35.35 | $32.29 | $30.81 |
| Graham net-net per share | −$30.15 | −$28.58 | −$27.37 | −$26.05 | −$26.21 | −$25.92 | −$27.43 | −$25.46 | −$26.38 | −$17.29 |
| Capital allocation | ||||||||||
| Dividends paid | $525.2M | $504.0M | $456.5M | $428.3M | $403.1M | $300.5M | $390.6M | $376.0M | $327.7M | $222.1M |
| Share buybacks (net) | $8.8M | $219.6M | $36.9M | $81.9M | $4.1M | $5.5M | $39.0M | $220.6M | $18.6M | $8.0M |
| Dividend payout ratio | 99.6% | 125.9% | 125.2% | 88.7% | 111.5% | 669.5% | 163.1% | 150.9% | 186.1% | 134.7% |
| Dividends + buybacks / free cash flow | 135.6% | 161.8% | 93.9% | 77.2% | 102.6% | 58.5% | 107.2% | 105.7% | 242.4% | 420.1% |
| Capex / revenue | 28.0% | 22.8% | 14.3% | 0.4% | 21.8% | 2.3% | 19.5% | 4.1% | 33.4% | 38.2% |
| Capex / operating cash flow | 52.6% | 43.5% | 27.1% | 0.7% | 39.8% | 4.9% | 35.5% | 7.5% | 69.7% | 81.1% |
| Capex / depreciation | 1.14 | 0.92 | 0.60 | 0.02 | 0.94 | 0.08 | 0.67 | 0.14 | 1.06 | 1.48 |
| Stock-based compensation / revenue | 1.3% | 1.6% | 1.5% | 1.3% | 1.0% | 1.3% | 1.3% | 1.2% | 2.1% | 1.7% |
| R&D / revenue | — | — | 0.0% | 0.0% | 0.1% | 1.0% | 0.2% | 0.0% | 0.0% | 0.0% |
| SG&A / revenue | 7.6% | 6.7% | 7.1% | 6.3% | 6.5% | 7.2% | 6.6% | 5.8% | 6.9% | 10.6% |
| Efficiency | ||||||||||
| Days sales outstanding | 64.1 | 59.1 | 53.8 | 49.1 | 45.0 | 54.5 | 55.0 | 55.9 | 52.4 | 64.7 |
| Days of inventory on hand | — | — | 146.2 | -3.5 | 0.0 | -1.7 | -12.2 | 6.1 | 37.1 | 55.7 |
| Days payables outstanding | 166.4 | 316.5 | 312.5 | 337.4 | 348.9 | 300.8 | 261.4 | 273.9 | 268.5 | 343.1 |
| Cash conversion cycle (days) | -102.3 | -257.4 | -112.5 | -291.8 | -304.0 | -248.1 | -218.6 | -211.9 | -178.9 | -222.6 |
| Receivables turnover | 5.70 | 6.18 | 6.79 | 7.43 | 8.11 | 6.70 | 6.63 | 6.53 | 6.96 | 5.64 |
| Payables turnover | 2.19 | 1.15 | 1.17 | 1.08 | 1.05 | 1.21 | 1.40 | 1.33 | 1.36 | 1.06 |
| Inventory turnover | — | — | 2.50 | — | 326,682,000.00 | — | — | — | 9.83 | 6.55 |
| Asset turnover | 0.12 | 0.12 | 0.12 | 0.12 | 0.11 | 0.09 | 0.10 | 0.10 | 0.13 | 0.14 |
| Average receivables | $272.8M | $243.3M | $201.9M | $171.0M | $148.4M | $156.5M | $170.8M | $171.7M | $141.4M | $108.9M |
| Average payables | $392.1M | $375.5M | $337.9M | $319.8M | $312.3M | $258.0M | $219.3M | $229.5M | $186.6M | $151.7M |
| Average inventory | — | — | $158.1M | −$3.3M | $1 | −$1.5M | −$10.2M | $5.1M | $25.8M | $24.6M |
| Intangibles / total assets | 4.5% | 3.2% | 3.6% | 3.4% | 3.5% | 3.3% | 4.9% | 6.4% | 7.1% | 5.3% |
Computed from REG's annual financial statements (latest annual report filed February 13, 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.
REG valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Regency Centers traded at 23.8 times earnings, against a 10-year median of 37.8. Based on the latest twelve months, the trailing P/E is 24.7 and the forward P/E is 28.9. Regency Centers earned a return on equity of 7.7% and a return on invested capital of 3.7% in fiscal 2025. It ended the year with $5.9 billion of debt and $120.7 million in cash and short-term investments, net debt of $5.8 billion. It returned $534.1 million to shareholders: $525.2 million in dividends and $8.8 million in share buybacks, 136% of free cash flow. The share count rose 79.9% from 101.3M to 182.2M over 9 years.
See the REG income statement, the REG chart for price history, or the REG stock overview for the latest quote and news.
REG key metrics FAQ
What is Regency Centers's P/E ratio?
Regency Centers's trailing P/E ratio is 24.7 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 28.9. At the end of fiscal 2025 it was 23.8, compared with a 10-year median of 37.8.
What is Regency Centers's EV/EBITDA?
Regency Centers's enterprise value was 16.6 times EBITDA at the end of fiscal 2025 (enterprise value $18.4 billion, EBITDA $1.1 billion); the current EV/EBITDA is 16.0.
What is Regency Centers's return on equity?
Regency Centers's return on equity (ROE) was 7.7% in fiscal 2025: net income of $527.5 million on average shareholders' equity of $6.8 billion.
What is Regency Centers's ROIC?
Regency Centers's return on invested capital was 3.7% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Regency Centers have?
Regency Centers had total debt of $5.9 billion at the end of fiscal 2025, a debt-to-equity ratio of 0.86 and $5.8 billion of net debt (5.23 times EBITDA).
What is Regency Centers's dividend yield?
Regency Centers's forward dividend yield is 4.04%. Regency Centers paid $525.2 million in dividends in fiscal 2025 ($2.88 per share), a payout ratio of 99.6%.
Does Regency Centers buy back its shares?
Yes. Regency Centers spent $8.8 million on net share repurchases in fiscal 2025 Shares outstanding changed −0.4% over the year, to 182.2M..
What is Regency Centers's free cash flow yield?
Regency Centers generated $394.0 million of free cash flow in fiscal 2025, a free cash flow yield of 3.1% on its market value at year-end ($12.6 billion).
What is Regency Centers's current ratio?
Regency Centers's current ratio was 1.05 at the end of fiscal 2025: current assets were 1.05 times current liabilities.