Taubman Centers Inc (TCO) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

Taubman Centers Inc (TCO) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Taubman Centers Inc owns and operates regional and super-regional shopping malls in North America. The company through its subsidiaries also has operations in Asia. Taubman Centers Inc has a market cap of $3.26 billion; its shares were traded at around $53.44 with a P/E ratio of 56.79 and P/S ratio of 5.04. The dividend yield of Taubman Centers Inc stocks is 4.91%.


For the last quarter Taubman Centers Inc reported a revenue of $167.5 million, compared with the revenue of $172.2 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $640.9 million, an increase of 1.9% from last year. For the last five years Taubman Centers Inc had an average revenue decline of 2.9% a year.

The reported diluted earnings per share was 95 cents for the year, an increase of 4.4% from previous year. Over the last five years Taubman Centers Inc had an average EPS decline of 27% a year. The Taubman Centers Inc enjoyed an operating margin of 25.78%, compared with the operating margin of 22.9% a year before. The 10-year historical median operating margin of Taubman Centers Inc is 34.39%. The profitability rank of the company is 6 (out of 10).

At the current stock price of $53.44, Taubman Centers Inc is traded at 11.7% discount to its historical median P/S valuation band of $60.54. The P/S ratio of the stock is 5.04, while the historical median P/S ratio is 5.74. The stock lost 5.34% during the past 12 months.

For the complete 20-year historical financial data of TCO, click here.

This article first appeared on GuruFocus.


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