Companies: 10,795·Total market cap: $144.5T
City Office REIT, Inc.

City Office REIT, Inc.

CIONYSEReal Estate
$6.99
$-0.01(-0.14%)
Market Cap$282141844
P/E Ratio
52W High$7.01
52W Low$4.19

City Office REIT, Inc. (CIO) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

CIO · net income · updated Jun 8, 2026

Core profitability metrics

Net income was −$17.7M for FY2024 (fiscal year ending 2024-12-31), down 559.2% year-over-year. Net profit margin was -10.3%. Based on available data, City Office REIT, Inc. has been profitable since at least 2017.

FY2024 Net Income−$17.7M▼ -559.2% YoY
Trailing 12M (TTM)−$121.5Mtrailing 4 quarters sum
Net Profit Margin-10.3%−$17.7M ÷ $171.1M
YoY Change-559.2%
5-Year CAGRN/AN/A — contains loss years
FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /income-statement · US GAAP · USDUpdated: Jun 8, 2026

Annual net income history

Net IncomeNet LossNet Margin %★ First Profit: 2017

▸ FMP /income-statement · Annual · CIO net income history · CIO profit margin

Annual net income data

Fiscal YearNet IncomeYoY ChangeNet Margin
FY2024Loss−$17.7M▼ 559.2%-10.3%
FY2023Loss−$2.7M▼ 110.6%-1.5%
FY2022$25.2M▼ 94.8%14.0%
FY2021$484.4M▲ +2318.3%295.3%
FY2020Loss−$21.8M▲ +17.9%-13.6%

Net income vs peers (Real Estate)

#CompanyNet IncomeYoY
#1
City Office REIT, Inc.
City Office REIT, Inc.YOU
CIO
−$17.7M-559.2%
#2
Simon Property Group, Inc.
Simon Property Group, Inc.
SPG
$4.61B+94.7%
#3
Prologis, Inc.
Prologis, Inc.
PLD
$3.41B-8.6%
#4
American Tower Corporation
American Tower Corporation
AMT
$2.53B+12.2%
#5
Equinix, Inc.
Equinix, Inc.
EQIX
$1.35B+65.6%
#6
Welltower Inc.
Welltower Inc.
WELL
$936.8M-1.6%
Real Estate · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

City Office REIT, Inc. (CIO) reported net income of −$17.7M for FY2024 (fiscal year ending 2024-12-31), down 559.2% year-over-year. The net profit margin was -10.3% — meaning the company kept $-0.10 of every dollar of revenue as profit.

Based on available data, City Office REIT, Inc. has been profitable since at least 2017. Net income reached a peak of $484.4M in FY2021. Data available for 14 fiscal years.

City Office REIT, Inc.'s net profit margin was -10.3% for FY2024, based on the latest annual results.

Investors sometimes search for "City Office REIT, Inc. net worth" — the company's market capitalization is a separate figure from CIO net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.

Frequently asked questions

CIO net income · 4 questions

City Office REIT, Inc. is not currently profitable on an annual basis. The company reported a net loss of $17.7M for FY2024.

is CIO profitabledoes CIO make a profitCIO profitabilityCIO profitable company

Source: FMP /income-statement · GAAP · City Office REIT, Inc. · City Office REIT, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026