Companies: 10,795·Total market cap: $144.5T
JBG SMITH Properties

JBG SMITH Properties

JBGSNYSEReal Estate● Active
$14.85
$-0.04(-0.27%)
Market Cap$865100115
P/E Ratio—
52W High$24.3
52W Low$13.99
Free Cash FlowFinancialsRevenue

JBG SMITH Properties (JBGS) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

JBGS · free cash flow · updated Jun 8, 2026

Core FCF metrics

Free cash flow was −$49.0M for FY2025 (fiscal year ending 2025-12-31), up 44.7% year-over-year The FCF margin was -9.8%.

FY2025 Free Cash Flow−$49.0M▲ +44.7% YoY
Trailing 12M (TTM)$69.3MTrailing 4Q sum · TTM positive vs latest FY negative
FCF Margin-9.8%−$49.0M ÷ revenue
3-Year CAGRN/AN/A — contains negative FCF
5-Year CAGRN/AN/A — contains negative FCF
FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

Positive FCFNegative FCF
Free Cash Flow
YoY Growth %
jbgs free cash flow history · jbgs free cash flow chart · jbgs free cash flow growth rate · jbgs free cash flow last 10 years

Annual free cash flow data

Fiscal YearFree Cash FlowYoY ChangeFCF Margin
FY2025Latest−$49.0M▲ +44.7%-9.8%
FY2024−$88.6M▲ +41.1%-16.2%
FY2023−$150.4M▼ 1.1%-24.9%
FY2022−$148.7M▼ 434.6%-24.6%
FY2021$44.4M▲ +132.1%7.0%
FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP
jbgs free cash flow 2025 · jbgs free cash flow 2024 · jbgs free cash flow 2023 · jbgs operating cash flow

FCF valuation metrics

JBG SMITH Properties (JBGS) trades at a FCF yield of 7.93% and a price-to-free-cash-flow ratio of 14.4x. FCF per share stands at $1.03, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)
7.93%
Free Cash Flow ÷ Market Cap
per FMP freeCashFlowYieldTTM definition
FCF per Share (TTM)
$1.03
TTM FCF ÷ Shares Outstanding
Price / FCF
x14.4
Share Price ÷ FCF per Share
EV / FCF (TTM)
x48.5
Enterprise Value basis
Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31
jbgs price to free cash flow · jbgs free cash flow yield · jbgs free cash flow per share · jbgs price to cash flow ratio

Cash flow statement summary

For FY2025, JBG SMITH Properties generated $73.3M in operating cash flow and spent 122M in capital expenditures, yielding −$49.0M in free cash flow.

Operating Activities
+$73.3M
Cash from core business operations
2025-12-31
Investing Activities
+$357.3M
CapEx, acquisitions & investments
2025-12-31
Financing Activities
−$510.5M
Buybacks, dividends & debt
2025-12-31
FCF FormulaOperating CF ($73.3M) − |CapEx| (122M) = FCF (−$49.0M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →
jbgs cash flow statement · jbgs cash flow statement 2025 · jbgs operating cash flow · jbgs cash flow from operations

Free cash flow vs peers (Real Estate)

#CompanyFree Cash FlowYoY
#1
JBG SMITH Properties
JBG SMITH PropertiesYOU
JBGS
−$49.0M+44.7%
#2
Prologis, Inc.
Prologis, Inc.
PLD
$5.01B+2.0%#3
American Tower Corporation
American Tower Corporation
AMT
$3.78B+2.2%#4
Simon Property Group, Inc.
Simon Property Group, Inc.
SPG
$3.57B+16.6%#5
Welltower Inc.
Welltower Inc.
WELL
$2.85B+29.5%#6
Equinix, Inc.
Equinix, Inc.
EQIX
−$400.0M-318.6%
Real Estate · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

JBG SMITH Properties (JBGS) reported free cash flow of −$49.0M for FY2025 (fiscal year ending 2025-12-31), up 44.7% year-over-year. The FCF margin was -9.8%.

Based on available data, JBG SMITH Properties has maintained positive free cash flow for at least 5 fiscal year(s). FCF peaked at $192.1M in FY2018.

JBG SMITH Properties's FCF yield is 7.93% and price-to-FCF ratio is 14.4x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.
RevenueFinancial statementsNet incomeEarningsForecastPrice historyMarket capCash on handP/E ratio

Frequently asked questions

JBGS free cash flow · 8 questions

JBG SMITH Properties free cash flow was −$49.0M for FY2025, up 44.7% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $69.3M.

JBGS free cash flowJBGS FCFJBGS FCF 2025JBGS free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · JBG SMITH Properties · JBG SMITH Properties SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026