Kimco Realty
21 named things its latest annual report says its results depend on, each in the company's own words. 15 of them are also named by other companies we've read.
Customers
Largest tenant
earns from · 3.8%Furthermore, at December 31, 2025, the Company’s single largest tenant represented only 3.8%, and the Company’s five largest tenants aggregated to only 10.9%, of the Company’s annualized base rental revenues, including the proportionate share of base rental revenues from properties in which the Company has less than a 100% economic interest.Business (Item 1)
Other companies
Kimco OP
99.79%named as a riskIf the IRS were successful in treating Kimco OP as an association or publicly traded partnership taxable as a corporation for federal income tax purposes, the Parent Company would fail to meet certain of the gross income tests and asset tests applicable to REITs and, accordingly, would cease to qualify as a REIT.Risk factors (Item 1A)
RPT Realty
56 open-air shopping centersThe RPT Merger added 56 open-air shopping centers, 43 of which were wholly-owned and 13 of which were owned through a joint venture, comprising 13.3 million square feet of gross leasable area ("GLA").Business (Item 1)
Weingarten Realty Investors
named as a riskFor example, we are regularly subject to phishing attempts, certain of our third-party service providers have experienced incidents, and in February 2023, the Company experienced a criminal ransomware attack affecting data contained on legacy servers of Weingarten Realty Investors (“WRI”), which the Company acquired in August 2021.Risk factors (Item 1A)
Competitors
E-commerce
competes withnamed as a riskMany of our tenants face strong competition from e-commerce and other sources that could cause them to reduce their size, limit the number of locations and/or suffer a general downturn in their businesses and ability to pay rent.Risk factors (Item 1A)
Places
U.S. Sun Belt and coastal metropolitan markets
concentrated in · 82% of its proportionate share of annualized base rental revenuesAs of December 31, 2025, the Company derived 82% of its proportionate share of annualized base rental revenues from these top major metro markets.Business (Item 1)
Mexico
named as a riskAlthough we have completed our efforts to exit our investments in Mexico and Canada, we cannot assure you that our past practices will continue to be found to be in compliance with such laws or regulations.Risk factors (Item 1A)
Also named by AAP, AME, AMRC, ANET, AOS, ARES, AYI, AZO and 83 more
Canada
named as a riskAlthough we have completed our efforts to exit our investments in Mexico and Canada, we cannot assure you that our past practices will continue to be found to be in compliance with such laws or regulations.Risk factors (Item 1A)
Also named by AAP, AJG, ALL, AMRC, AOS, ARE, BBY, BF/B and 97 more
Hazards
Hurricanes
operates innamed as a riskIncreased frequency and intensity of windstorms, such as hurricanes, could lead to property damage, loss of property value, increased operating and capital costs and insurance premiums, and interruptions to business operations.Business (Item 1)
Also named by AIG, AN, ASO, BAC, BBY, BJ, BPOP, BRO and 89 more
Flooding
operates innamed as a riskChange in rainfall conditions leading to increased frequency and severity of flooding could lead to property damage, loss of property value, increased operating and capital costs and insurance premiums, and interruptions to business operations.Business (Item 1)
Commodities and inputs
Steel
exposed to its pricenamed as a riskIn addition, international trade disputes, including those related to tariffs, have resulted and in the future could result in inflationary pressures that directly impact our costs, such as costs for steel, lumber and other materials applicable to our redevelopment projects.Risk factors (Item 1A)
Also named by AAON, AGX, ALSN, AM, AME, AMRC, AOS, APD and 104 more
Lumber
exposed to its pricenamed as a riskIn addition, international trade disputes, including those related to tariffs, have resulted and in the future could result in inflationary pressures that directly impact our costs, such as costs for steel, lumber and other materials applicable to our redevelopment projects.Risk factors (Item 1A)
Also named by BLDR, DHI, GHC, HD, HHH, LEN, LOW, MGRC and 11 more
Regulators
Internal Revenue Service (IRS)
subject tonamed as a riskNo assurance can be provided, however, that the IRS will not challenge Kimco OP’s status as a partnership for federal income tax purposes or that a court would not sustain such a challenge.Risk factors (Item 1A)
Also named by AAPL, ABNB, ADI, AJG, AMGN, BBSI, BMNR, BRO and 39 more
Laws and programs
REIT qualification (Internal Revenue Code Sections 856-860)
subject to · at least 90% of its REIT taxable incomenamed as a riskLoss of our tax status as a REIT or changes in U.S. federal income tax laws, regulations, administrative interpretations or court decisions relating to REITs could have significant adverse consequences to us and the value of our securities.Risk factors (Item 1A)
Also named by ABR, AMT, CCI, DLR, ENSG, FPI, LAMR, O and 6 more
$2.0 billion unsecured revolving credit facility
depends on · $2.0 billionnamed as a riskWe are exposed to interest rate risk, primarily through our unsecured revolving credit facility.Risk factors (Item 1A)
United States Foreign Corrupt Practices Act
subject tonamed as a riskOur international operations had included properties in Mexico and Canada and are subject to a variety of United States and foreign laws and regulations, including the United States Foreign Corrupt Practices Act and foreign tax laws and regulations.Risk factors (Item 1A)
Also named by A, ADBE, ADP, AIR, AJG, ALB, AME, AMZN and 112 more
U.S. tariffs and retaliatory tariffs
subject tonamed as a riskMany of our tenants sell imported goods, and tariffs or other trade restrictions have materially increased costs for these tenants and could continue to materially increase costs in the future.Risk factors (Item 1A)
Americans with Disabilities Act of 1990
subject tonamed as a riskFrom time to time, we have made changes to properties to comply with the ADA, and future compliance with the ADA may require expensive changes to our properties.Risk factors (Item 1A)
California climate disclosure rules
subject tonamed as a riskTransition impacts of climate change may subject us to increased regulations, reporting requirements (such as California’s climate disclosure rules), standards, or expectations regarding the environmental impacts of our or our tenants’ business.Risk factors (Item 1A)
Also named by POWL
Section 1031 like-kind exchanges
subject tonamed as a riskIn the event that we do not utilize 1031 Exchanges, we may be required to distribute the gain proceeds to shareholders or pay income tax, which may reduce our cash flow available to fund our commitments.Risk factors (Item 1A)
Also named by UDR