REGENCY CENTERS CORP

REG

Quality scores

Data as of Sep 5, 2026

6 / 9

Neutral

6/9 — middling fundamentals (neutral zone).

PassROA > 0 — ROA last year = 4.06 %
PassFCF > 0 — FCF last year = 827.69 mill.
PassFCF > net income (accrual quality) — FCF 827.69 vs. net income 527.46 (mill.)
PassRising ROA — ROA 4.06 % vs. prior year 3.23 %

FailLower long-term leverage — long-term debt/assets 0.36 vs. prior 0.36
PassRising current ratio (more liquidity) — Current ratio 0.80 vs. prior 0.73
FailNo dilution (shares do not grow) — Shares 182.90 mill. vs. prior 181.36 mill.

Z-Score (original)

1.62

Distress zone

Z''-Score (non-manufacturing)

4.53

Safe zone

Ratio	Value
X1 — Working capital / Total assets	-0.01
X2 — Retained earnings / Total assets	-0.15
X3 — EBIT / Total assets	0.09
X4 — Market cap / Total liabilities	2.39
X4 — Book equity / Total liabilities	1.19
X5 — Sales / Total assets	0.12