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JBG Smith Properties balance sheet

At the end of fiscal 2025, JBG Smith Properties had total assets of $4.39bn, total liabilities of $2.72bn and shareholders' equity of $1.16bn. It held $75.3m in cash against $2.55bn of debt: net debt of $2.47bn.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

JBG Smith Properties: balance sheet, annual
Fiscal year2015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Cash and equivalents75293172611262262642411651467575
Total assets—3,6616,0725,9975,9866,0806,3865,9035,5195,0214,3884,261
Long-term debt—1,165——————————
Total debt01,1652,2022,1451,6282,0042,4882,4522,5802,5892,5472,320
Total liabilities—1,5392,4882,4521,9872,3432,9252,7082,8262,7882,7192,690
Shareholders' equity2,0592,1222,9712,9873,3863,2062,9162,6822,2231,8091,1581,066
Non-controlling interests and other (assets − liabilities − equity)——613558613531545514470424511504
Net debt (negative = net cash)−751,1361,8851,8841,5011,7782,2242,2112,4152,4432,4712,246
Shares outstanding——118m121m134m132m127m114m94m85m——

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from JBG Smith Properties's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to JBG Smith Properties.