JBG SMITH Properties (JBGS) Revenue & Revenue Breakdown
JBG SMITH Properties Revenue Highlights
Latest Revenue (Y)
$604.20M
Latest Revenue (Q)
$136.03M
Main Segment (Y)
Property management fees
JBG SMITH Properties Revenue by Period
JBG SMITH Properties Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $604.20M | -0.27% |
| 2022-12-31 | $605.82M | -4.50% |
| 2021-12-31 | $634.36M | 5.25% |
| 2020-12-31 | $602.72M | -6.95% |
| 2019-12-31 | $647.77M | 0.56% |
| 2018-12-31 | $644.18M | 18.63% |
| 2017-12-31 | $543.01M | 13.48% |
| 2016-12-31 | $478.52M | 1.68% |
| 2015-12-31 | $470.61M | -0.49% |
| 2014-12-31 | $472.92M | -0.71% |
| 2013-12-31 | $476.31M | - |
JBG SMITH Properties generated $604.20M in revenue during NA 2023, up -0.27% compared to the previous quarter, and up 93.79% compared to the same period a year ago.
JBG SMITH Properties Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-09-30 | $136.03M | 0.52% |
| 2024-06-30 | $135.32M | -6.79% |
| 2024-03-31 | $145.18M | -1.62% |
| 2023-12-31 | $147.58M | -2.63% |
| 2023-09-30 | $151.56M | -0.35% |
| 2023-06-30 | $152.09M | -0.57% |
| 2023-03-31 | $152.96M | 1.47% |
| 2022-12-31 | $150.74M | 2.12% |
| 2022-09-30 | $147.61M | 1.45% |
| 2022-06-30 | $145.50M | -10.16% |
| 2022-03-31 | $161.97M | 2.90% |
| 2021-12-31 | $157.41M | 0.25% |
| 2021-09-30 | $157.02M | 1.54% |
| 2021-06-30 | $154.64M | -6.44% |
| 2021-03-31 | $165.29M | 11.21% |
| 2020-12-31 | $148.63M | -1.59% |
| 2020-09-30 | $151.03M | 4.20% |
| 2020-06-30 | $144.95M | -8.32% |
| 2020-03-31 | $158.11M | -4.11% |
| 2019-12-31 | $164.88M | -1.32% |
| 2019-09-30 | $167.08M | 4.02% |
| 2019-06-30 | $160.62M | 3.49% |
| 2019-03-31 | $155.20M | -4.93% |
| 2018-12-31 | $163.25M | 3.04% |
| 2018-09-30 | $158.44M | -0.63% |
| 2018-06-30 | $159.45M | -2.20% |
| 2018-03-31 | $163.04M | 4.26% |
| 2017-12-31 | $156.37M | 2.64% |
| 2017-09-30 | $152.35M | 29.09% |
| 2017-06-30 | $118.02M | 1.50% |
| 2017-03-31 | $116.27M | -4.73% |
| 2016-12-31 | $122.04M | -1.07% |
| 2016-09-30 | $123.36M | 6.03% |
| 2016-06-30 | $116.34M | -0.38% |
| 2016-03-31 | $116.78M | -2.01% |
| 2015-12-31 | $119.18M | - |
JBG SMITH Properties generated $136.03M in revenue during Q3 2024, up 0.52% compared to the previous quarter, and up 89.43% compared to the same period a year ago.
JBG SMITH Properties Revenue Breakdown
JBG SMITH Properties Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Asset management fees | $5.03M | $6.19M | $8.47M | - | - |
| Construction management fees | $1.38M | $522.00K | $512.00K | - | - |
| Development fees | $10.25M | $8.32M | $48.60M | - | - |
| Leasing fees | $5.59M | $6.02M | $5.83M | - | - |
| Property management fees | $19.93M | $19.59M | $19.43M | - | - |
| Other service revenue | $5.32M | $5.71M | $6.15M | - | - |
| Construction Management Fees | - | - | - | $2.97M | $1.67M |
| Leasing Fees | - | - | - | $5.59M | $7.38M |
| Other Service Revenue | - | - | - | $7.25M | $4.27M |
| Property Management Fees | - | - | - | $20.18M | $22.44M |
| Asset Management Fees | - | - | - | $9.79M | $14.04M |
| Development Fees | - | - | - | - | $15.65M |
JBG SMITH Properties's latest annual revenue breakdown by segment (product or service), as of Dec 23: Property management fees (41.95%), Development fees (21.58%), Leasing fees (11.77%), Other service revenue (11.19%), Asset management fees (10.59%), and Construction management fees (2.91%).
Quarterly Revenue by Product
| Product/Service | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Leasing fees | $1.00M | $1.19M | $1.14M | $2.98M | $1.26M | $1.36M | $1.43M | $1.71M | $1.04M | $1.84M | $1.73M | - | - | - | - | - | - | - | - | - |
| Development fees | $324.00K | $419.00K | $238.00K | $5.51M | $2.76M | $1.99M | $1.21M | $2.79M | - | - | - | - | - | - | - | - | - | - | - | - |
| Asset management fees | $1.14M | $1.24M | $924.00K | $2.67M | $1.25M | $1.10M | $1.43M | $1.48M | $1.51M | $1.77M | $1.87M | - | - | - | - | - | - | - | - | - |
| Construction management fees | $343.00K | $177.00K | $383.00K | $740.00K | $303.00K | $340.00K | $166.00K | $169.00K | $37.00K | $150.00K | $137.00K | - | - | - | - | - | - | - | - | - |
| Property management fees | $4.07M | $3.98M | $4.27M | $9.96M | $5.02M | $4.95M | $5.01M | $4.79M | $4.98M | $4.81M | $4.88M | - | - | - | - | - | - | - | - | - |
| Other service revenue | $1.60M | $1.31M | $1.05M | $2.67M | $1.42M | $1.22M | $1.48M | $1.91M | $1.50M | $816.00K | $1.36M | - | - | - | - | - | - | - | - | - |
| Construction Management Fees | - | - | - | - | - | - | - | - | - | - | - | $-31.00K | $234.00K | $172.00K | $909.00K | $584.00K | $460.00K | $1.01M | - | - |
| Asset Management Fees | - | - | - | - | - | - | - | - | - | - | - | $2.15M | $2.23M | $2.23M | $2.39M | $2.30M | $2.38M | $2.72M | - | - |
| Other Service Revenue | - | - | - | - | - | - | - | - | - | - | - | $1.29M | $1.79M | $1.70M | $1.80M | $2.00M | $1.82M | $1.64M | - | - |
| Property Management Fees | - | - | - | - | - | - | - | - | - | - | - | $4.83M | $4.78M | $4.94M | $4.72M | $4.69M | $4.74M | $6.02M | - | - |
| Leasing Fees | - | - | - | - | - | - | - | - | - | - | - | $1.82M | $1.42M | $860.00K | $1.97M | $1.09M | $794.00K | $1.75M | - | - |
| Development Fees | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.02M | $2.61M | $3.05M | $2.81M | - | - |
| Other Segments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-450.00K | $339.00K |
| Commercial Segment | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $104.14M | $100.92M |
| Multifamily segment | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $30.38M | $29.04M |
JBG SMITH Properties's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Property management fees (47.98%), Other service revenue (18.90%), Asset management fees (13.44%), Leasing fees (11.81%), Construction management fees (4.05%), and Development fees (3.82%).
JBG SMITH Properties Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| ARE | Alexandria Real Estate Equities | $2.89B | $791.61M |
| VNO | Vornado Realty Trust | $1.81B | $450.27M |
| KRC | Kilroy Realty | $1.13B | $289.94M |
| DEI | Douglas Emmett | $1.02B | $245.78M |
| HPP | Hudson Pacific Properties | $952.30M | $218.00M |
| SLG | SL Green Realty | $913.71M | $139.62M |
| HIW | Highwoods Properties | $834.00M | $204.32M |
| CUZ | Cousins Properties | $801.50M | $208.72M |
| PDM | Piedmont Office Realty Trust | $678.66M | $5.57M |
| JBGS | JBG SMITH Properties | $604.20M | $136.03M |
| CMCT | Creative Media & Community Trust | $119.26M | $34.44M |
| EQC | Equity Commonwealth | $5.19M | $13.99M |
JBGS Revenue FAQ
What is JBG SMITH Properties’s yearly revenue?
JBG SMITH Properties's yearly revenue for 2023 was $604.2M, representing a decrease of -0.27% compared to 2022. The company's yearly revenue for 2022 was $605.82M, representing a decrease of -4.50% compared to 2021. JBGS's yearly revenue for 2021 was $634.36M, representing an increase of 5.25% compared to 2020.
What is JBG SMITH Properties’s quarterly revenue?
JBG SMITH Properties's quarterly revenue for Q3 2024 was $136.03M, a 0.52% increase from the previous quarter (Q2 2024), and a -10.25% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $135.32M, a -6.79% decrease from the previous quarter (Q1 2024), and a -11.03% decrease year-over-year (Q2 2023). JBGS's quarterly revenue for Q1 2024 was $145.18M, a -1.62% decrease from the previous quarter (Q4 2023), and a -5.08% decrease year-over-year (Q1 2023).
What is JBG SMITH Properties’s revenue growth rate?
JBG SMITH Properties's revenue growth rate for the last 3 years (2021-2023) was -4.76%, and for the last 5 years (2019-2023) was -6.73%.
What are JBG SMITH Properties’s revenue streams?
JBG SMITH Properties's revenue streams in c 23 are Asset management fees, Construction management fees, Development fees, Leasing fees, Property management fees, and Other service revenue. Asset management fees generated $5.03M in revenue, accounting 10.59% of the company's total revenue, down -18.75% year-over-year. Construction management fees generated $1.38M in revenue, accounting 2.91% of the company's total revenue, up 164.94% year-over-year. Development fees generated $10.25M in revenue, accounting 21.58% of the company's total revenue, up 23.16% year-over-year. Leasing fees generated $5.59M in revenue, accounting 11.77% of the company's total revenue, down -7.06% year-over-year. Property management fees generated $19.93M in revenue, accounting 41.95% of the company's total revenue, up 1.74% year-over-year. Other service revenue generated $5.32M in revenue, accounting 11.19% of the company's total revenue, down -6.83% year-over-year.
What is JBG SMITH Properties’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of JBG SMITH Properties was Property management fees. This segment made a revenue of $19.93M, representing 41.95% of the company's total revenue.