Taubman creates extraordinary retail environments for shoppers, retailers, communities, and investors. Our portfolio of United States regional and super regional malls, located in major markets from coast to coast, is the most productive in the nation. Through our Taubman Asia subsidiary, we are extending the company’s unsurpassed retail real estate expertise to international markets.

We’re headquartered in Bloomfield Hills, Michigan, and through our Taubman Asia subsidiary, headquartered in Hong Kong, we’re extending our expertise to booming markets in China and South Korea. 

Our portfolio of U.S. regional and super-regional malls, located in major markets from coast to coast, achieved average sales per square foot of $721 in 2013, a record for us and our industry. Shares of Taubman Centers Inc. (NYSE:TCO), a Real Estate Investment Trust, have been trading on the New York Stock Exchange since 1992. 

There are many reasons Taubman malls have set the industry standard for design and productivity for more than six decades. 

It all starts with our organization’s intense focus on planning and our history of innovation. Many of the design features we pioneered are now incorporated into the best shopping destinations around the world. Retail real estate development is in our DNA, and we know how to create, from the ground up, environments that attract shoppers, delight retailers and reward investors. 

We think like retailers, merchandising and managing our properties to maximize and sustain their sales potential within the markets they serve.
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Type
Public
HQ
Bloomfield Hills, US
Founded
1950
Size (employees)
624 (est)
Taubman Centers was founded in 1950 and is headquartered in Bloomfield Hills, US
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Key People/Management at Taubman Centers

Robert Taubman

Robert Taubman

Chairman, President and Chief Executive Officer
William Taubman

William Taubman

Chief Operating Officer
Denise Anton

Denise Anton

Executive Vice President, Center Operations
Chris Heaphy

Chris Heaphy

Executive Vice President, General Counsel & Secretary
Holly Kinnear

Holly Kinnear

Senior Vice President, Human Resources and Chief Human Resources Officer
Peter Sharp

Peter Sharp

President, Taubman Asia
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Taubman Centers Office Locations

Taubman Centers has offices in Chester, Chesterfield County, Denver, San Juan and in 16 other locations
Bloomfield Hills, US (HQ)
300 200 E Long Lake Rd
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Taubman Centers Financials and Metrics

Taubman Centers Financials

Taubman Centers's revenue was reported to be $629.17 m in FY, 2017
USD

Revenue (Q1, 2018)

161.5 m

Net income (Q1, 2018)

34.6 m

Market capitalization (15-May-2018)

3.2 b

Closing share price (15-May-2018)

52.8

Cash (31-Mar-2018)

53.9 m

EV

6.8 b
Taubman Centers's current market capitalization is $3.2 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

767.2 m679.1 m557.2 m612.6 m629.2 m

Revenue growth, %

(11%)(18%)10%

General and administrative expense

48.1 m39 m

Operating expense total

48.1 m607.5 m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Revenue

132 m140 m139.5 m158.9 m148 m149.1 m154.7 m161.5 m

General and administrative expense

12.1 m8.6 m11.4 m11.7 m11.6 m10.8 m9.4 m8.5 m

Operating expense total

12.1 m8.6 m11.4 m11.7 m11.6 m10.8 m9.4 m8.5 m

Depreciation and amortization

35 m
Annual
usdY, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016FY, 2017

Cash

16.2 m19.3 m24 m32.1 m41 m276.4 m206.6 m40.6 m42.5 m

Accounts Receivable

Inventories

Total Assets

3.5 b3.2 b3.6 b4 b4.2 b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Cash

32.4 m132.4 m45.7 m105.5 m42.3 m263.9 m172.9 m83.9 m59.7 m51.1 m42.3 m53.9 m

Total Assets

3.4 b3.5 b3.6 b3.6 b3.2 b3.2 b3.5 b3.7 b3.8 b4 b4 b4.1 b4.2 b

Accounts Payable

285.8 m283.7 m261.6 m275.2 m306.9 m303.9 m306.9 m309.5 m315.7 m387.1 m327.4 m316.1 m277.7 m

Short-term debt

3 b2.6 b2 b2 b2.1 b2.2 b2.6 b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

189.4 m1.3 b192.6 m188.2 m112.8 m

Depreciation and Amortization

120.2 m106.4 m138.1 m167.8 m

Inventories

Accounts Payable

29.6 m16.5 m6.6 m1.5 m7.6 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Net Income

123.2 m526.2 m565.2 m621.8 m51 m93.3 m146 m44.3 m102.1 m137.3 m32.8 m60.4 m34.6 m

Depreciation and Amortization

116.3 m35.1 m72 m96.5 m24 m50.4 m77.6 m29.7 m59.5 m100.1 m37.7 m77.2 m35 m

Accounts Payable

19.7 m(13.7 m)(21.1 m)(2.3 m)(35.3 m)

Cash From Operating Activities

269.1 m62.5 m142.9 m249.5 m51.5 m154.6 m233.4 m63.4 m159.7 m241.9 m78.8 m141.2 m50.6 m
USDY, 2018

EV/CFO

134.5 x

Financial Leverage

613.8 x
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Taubman Centers News and Updates

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