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JBG SMITH Properties (JBGS) Revenue & Revenue Breakdown

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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

DateRevenueChange
2023-12-31$604.20M-0.27%
2022-12-31$605.82M-4.50%
2021-12-31$634.36M5.25%
2020-12-31$602.72M-6.95%
2019-12-31$647.77M0.56%
2018-12-31$644.18M18.63%
2017-12-31$543.01M13.48%
2016-12-31$478.52M1.68%
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

DateRevenueChange
2024-09-30$136.03M0.52%
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$152.96M1.47%
2022-12-31$150.74M2.12%
2022-09-30$147.61M1.45%
2022-06-30$145.50M-10.16%
2022-03-31$161.97M2.90%
2021-12-31$157.41M0.25%
2021-09-30$157.02M1.54%
2021-06-30$154.64M-6.44%
2021-03-31$165.29M11.21%
2020-12-31$148.63M-1.59%
2020-09-30$151.03M4.20%
2020-06-30$144.95M-8.32%
2020-03-31$158.11M-4.11%
2019-12-31$164.88M-1.32%
2019-09-30$167.08M4.02%
2019-06-30$160.62M3.49%
2019-03-31$155.20M-4.93%
2018-12-31$163.25M3.04%
2018-09-30$158.44M-0.63%
2018-06-30$159.45M-2.20%
2018-03-31$163.04M4.26%
2017-12-31$156.37M2.64%
2017-09-30$152.35M29.09%
2017-06-30$118.02M1.50%
2017-03-31$116.27M-4.73%
2016-12-31$122.04M-1.07%
2016-09-30$123.36M6.03%
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/ServiceDec 23Dec 22Dec 21Dec 20Dec 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/ServiceSep 24Jun 24Mar 24Dec 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 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

TickerCompanyLast Year RevenueLast Quarter Revenue
AREAlexandria Real Estate Equities$2.89B$791.61M
VNOVornado Realty Trust$1.81B$443.25M
KRCKilroy Realty$1.13B$289.94M
DEIDouglas Emmett$1.02B$109.09M
HPPHudson Pacific Properties$952.30M$166.94M
SLGSL Green Realty$913.71M$139.62M
HIWHighwoods Properties$834.00M$204.32M
CUZCousins Properties$801.50M$208.72M
PDMPiedmont Office Realty Trust$678.66M$5.57M
JBGSJBG SMITH Properties$604.20M$136.03M
CMCTCreative Media & Community Trust$119.26M$28.62M
EQCEquity 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.