General Growth Properties

Unparalleled Shopping Destinations General Growth Properties is a fully integrated, self-managed and self-administered real estate investment trust focused exclusively on owning, managing, leasing and redeveloping high-quality regional malls throughout the United States. GGP’s portfolio is comprised of 120 regional malls in the United States totaling approximately 125 million square feet. GGP is headquartered in Chicago, Illinois and publicly traded on the NYSE under the symbol GGP. GGP malls offer a mix of some of the most popular and unique retailers in the world. Some of GGP’s unparalleled shopping locales include Ala Moana Center (Honolulu), Tysons Galleria (Washington D.C.), Glendale Galleria (Los Angeles) and Water Tower Place (Chicago). Our malls are more than just places to shop; they serve as entertainment hot spots, offering movie theaters, restaurants, ice skating rinks and numerous family activities. Our mission is to own and operate best-in-class retail properties that provide an outstanding environment and experience for our Communities, Retailers, Employees, Consumers and Shareholders.
Company Growth (employees)
Type
Public
HQ
Chicago, US
Founded
1954
Size (employees)
1,800 (est)
Website
ggp.com
General Growth Properties was founded in 1954 and is headquartered in Chicago, US

General Growth Properties Office Locations

General Growth Properties has offices in Chicago, Glendale, Wayne, Frisco and in 66 other locations
Chicago, US (HQ)
110 N Upper Wacker Dr
Show all (70)

General Growth Properties Data and Metrics

General Growth Properties Financial Metrics

General Growth Properties's revenue was reported to be $2.3 b in FY, 2016 which is a 2% decrease from the previous period.
USD

Revenue (FY, 2016)

2.3 b

Revenue growth (FY, 2015 - FY, 2016), %

(2%)

Net income (FY, 2016)

1.3 b

EBIT (FY, 2016)

800.3 m

Market capitalization (21-Jul-2017)

20.6 b

Cash (31-Dec-2016)

474.8 m
General Growth Properties's current market capitalization is $20.6 b.
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

2.5 b2.5 b2.4 b2.3 b

Revenue growth, %

0%(5%)(2%)

Sales and marketing expense

13.2 m

General and administrative expense

55.7 m

Operating expense total

1.7 b1.6 b1.5 b1.5 b

Depreciation and amortization

749.7 m708.4 m643.7 m

EBIT

773.2 m880.2 m850.5 m800.3 m

EBIT margin, %

31%35%35%34%

Interest expense

781.2 m723.2 m699.3 m607.7 m571.2 m

Interest income

7.7 m28.6 m

Income tax expense

9.1 m345 k7.3 m(38.3 m)

Net Income

317.2 m679.9 m1.4 b1.3 b
USDY, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016

Cash

1.5 b572.9 m624.8 m577.3 m372.5 m356.9 m474.8 m

Accounts Receivable

322.2 m

Total Assets

25.8 b25.3 b24.1 b22.7 b

Accounts Payable

989.4 m934.9 m784.5 m655.4 m

Total Liabilities

13.8 b

Additional Paid-in Capital

11.4 b11.4 b11.4 b11.4 b

Retained Earnings

(2.9 b)(2.8 b)(2.1 b)(1.8 b)

Total Equity

8.2 b7.7 b8.3 b8.7 b

Financial Leverage

3.1 x3.3 x2.9 x2.6 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

317.2 m679.9 m1.4 b1.3 b

Depreciation and Amortization

764.8 m708.4 m643.7 m660.7 m

Accounts Payable

(80.9 m)21.7 m(4.9 m)(27.9 m)

Cash From Operating Activities

889.5 m949.7 m1.1 b1.1 b

Cash From Investing Activities

166.9 m(677.9 m)(312.8 m)550 m

Cash From Financing Activities

(1.1 b)(476.6 m)(767.7 m)(1.6 b)

Interest Paid

834.2 m

Income Taxes Paid

6.3 m
USDY, 2016

Revenue/Employee

1.3 m

Financial Leverage

2.6 x

General Growth Properties Market Value History

General Growth Properties News and Updates

General Growth Properties Company Life and Culture

You may also be interested in