# Wheeler Real Estate Investment Trust, Inc. (WHLRL)

**Exchange:** NASDAQ  
**Market cap:** $9M  
**Price:** $82.50 (+3.12%)

> Wheeler Real Estate Investment Trust, Inc. is a Maryland corporation (taxed as a real estate investment trust) that focuses on owning and operating income producing retail properties with a primary focus on grocery-anchored shopping centers. Wheeler Real Estate Investment Trust, Inc. was founded and incorporated in 2011 in Virginia Beach, Virginia, USA.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $2M | — | $43M | $9M | — |
| 2024 | $2M | — | $38M | -$10M | — |
| 2023 | $2M | — | $29M | -$5M | — |
| 2022 | $1M | — | $25M | -$12M | — |
| 2021 | $942,000 | — | $20M | -$9M | — |
| 2020 | $964,000 | — | $18M | $245,000 | — |
| 2019 | $720,000 | — | $11M | -$8M | — |
| 2018 | $65M | — | $2M | -$17M | — |
| 2017 | $59M | — | $2M | -$12M | — |
| 2016 | $44M | — | -$291,000 | -$11M | — |
| 2015 | $28M | — | -$12M | -$18M | — |
| 2014 | $15M | — | -$6M | -$11M | — |
| 2013 | $8M | — | -$2M | -$4M | — |
| 2012 | $2M | — | -$239,544 | -$1M | — |
| 2011 | $2M | — | $251,370 | -$554,599 | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $602M | $507M | $234,000 | $24M | — |
| 2024 | $654M | $537M | -$25M | $43M | — |
| 2023 | $668M | $527M | -$21M | $18M | $478M |
| 2022 | $685M | $532M | -$15M | $28M | $466M |
| 2021 | $465M | $369M | $2M | $23M | $336M |
| 2020 | $489M | $377M | $15M | $8M | $347M |
| 2019 | $484M | $371M | $24M | $5M | $343M |
| 2018 | $508M | $387M | $42M | $4M | $364M |
| 2017 | $458M | $334M | $64M | $4M | $308M |
| 2016 | $489M | $331M | $95M | $5M | — |
| 2015 | $309M | $202M | $98M | $10M | — |
| 2014 | $205M | $152M | $43M | $10M | — |
| 2013 | $125M | $100M | $18M | $1M | — |
| 2012 | $53M | $36M | $9M | $2M | $32M |
| 2011 | $15M | $14M | $669,325 | $104,007 | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $21M | — | — |
| 2024 | $26M | — | — |
| 2023 | $21M | — | — |
| 2022 | $31M | $9M | $22M |
| 2021 | $17M | $6M | $11M |
| 2020 | $16M | $2M | $14M |
| 2019 | $15M | $3M | $13M |
| 2018 | $22M | $6M | $16M |
| 2017 | $24M | $7M | $17M |
| 2016 | $11M | $2M | $9M |
| 2015 | -$5M | $531,000 | -$6M |
| 2014 | -$2M | $521,405 | -$3M |
| 2013 | -$2M | $707,089 | -$3M |
| 2012 | -$289,884 | $47,337 | -$337,221 |
| 2011 | $349,712 | $33,346 | $316,366 |

Source: [CompaniesByCap](https://companiesbycap.com/company/WHLRL)