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
| Fiscal year | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 75 | 29 | 317 | 261 | 126 | 226 | 264 | 241 | 165 | 146 | 75 | 75 |
| Total assets | — | 3,661 | 6,072 | 5,997 | 5,986 | 6,080 | 6,386 | 5,903 | 5,519 | 5,021 | 4,388 | 4,261 |
| Long-term debt | — | 1,165 | — | — | — | — | — | — | — | — | — | — |
| Total debt | 0 | 1,165 | 2,202 | 2,145 | 1,628 | 2,004 | 2,488 | 2,452 | 2,580 | 2,589 | 2,547 | 2,320 |
| Total liabilities | — | 1,539 | 2,488 | 2,452 | 1,987 | 2,343 | 2,925 | 2,708 | 2,826 | 2,788 | 2,719 | 2,690 |
| Shareholders' equity | 2,059 | 2,122 | 2,971 | 2,987 | 3,386 | 3,206 | 2,916 | 2,682 | 2,223 | 1,809 | 1,158 | 1,066 |
| Non-controlling interests and other (assets − liabilities − equity) | — | — | 613 | 558 | 613 | 531 | 545 | 514 | 470 | 424 | 511 | 504 |
| Net debt (negative = net cash) | −75 | 1,136 | 1,885 | 1,884 | 1,501 | 1,778 | 2,224 | 2,211 | 2,415 | 2,443 | 2,471 | 2,246 |
| Shares outstanding | — | — | 118m | 121m | 134m | 132m | 127m | 114m | 94m | 85m | — | — |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | 5,182 | 5,021 | 4,733 | 4,549 | 4,417 | 4,388 | 4,336 | 4,261 |
| Total liabilities | 2,842 | 2,788 | 2,743 | 2,683 | 2,660 | 2,719 | 2,701 | 2,690 |
| Shareholders' equity | 1,882 | 1,809 | 1,571 | 1,323 | 1,191 | 1,158 | 1,140 | 1,066 |
| Non-controlling interests and other (assets − liabilities − equity) | 459 | 424 | 418 | 543 | 566 | 511 | 495 | 504 |
| Shares outstanding | 84m | 85m | 73m | 62m | 59m | — | — | — |
Compare with peers
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