Kimco Realty Asset Turnover 2010-2024 | KIM
Current and historical asset turnover for Kimco Realty (KIM) from 2010 to 2024. Asset turnover can be defined as the amount of sales or revenues generated per dollar of assets. The asset turnover ratio is an indicator of the efficiency with which a company is deploying its assets. Kimco Realty asset turnover for the three months ending September 30, 2024 was 0.03.
Kimco Realty Asset Turnover Historical Data |
Date |
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Sector |
Industry |
Market Cap |
Revenue |
Finance |
REIT - Retail Equity Trusts |
$15.484B |
$1.783B |
Kimco Realty Corporation is a real estate investment trust (REIT), that is one of North America's largest publicly traded owners and operators of open-air shopping centers. The company owned interests in many U.S. shopping centers comprising of leasable space primarily concentrated in the top major metropolitan markets. The company has specialized in shopping center acquisitions, development and management. With the merger with Weingarten Realty Investors, Kimco is continuing as the surviving public company. The move enhanced Kimco's portfolio with high-quality assets in the growing Sun Bet markets and boosts future value creation scopes. The merger created a national operating portfolio of open-air grocery-anchored shopping centers and mixed-use assets. Moreover, the acquisition helped to attain a greater tenant diversity.
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