American Realty Investors Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Property Revenue	46.6	46.37	44.76	47.02	34.08	37.81
Service and Other Revenue	3.75	3.65	2.56	3.48	3.46	4.23
Revenue	50.35	50.01	47.32	50.5	37.54	42.04
Revenue Growth (YoY)	6.16%	5.70%	-6.30%	34.51%	-10.69%	-28.78%
Property Expenses	29.24	27.89	27.06	27.9	18.34	20.86
Total Property Expenses	29.24	27.89	27.06	27.9	18.34	20.86
Gross Profit	28.93	22.13	20.26	22.6	19.21	21.18
Selling, General & Admin	15.59	15.98	14.62	20.2	18.79	29.93
Depreciation & Amortization Expenses	13.32	12.58	12.28	13.65	9.69	11.87
Operating Income	0.02	-6.43	-6.64	-11.24	-9.27	-20.62
Net Gains on Disposal of Properties	16.48	19.99	-23.99	-1.92	87.13	24.65
Interest Income	14.45	14.64	19.97	26.85	26.56	17.76
Interest Expense	-7.97	-6.83	-7.84	-9.5	-17.53	-23.42
Other Non-Operating Income (Expense)	-0.01	-0.17	1.45	2.53	486.53	7.01
Total Non-Operating Income (Expense)	8.84	27.64	-10.41	17.95	582.69	26
Pretax Income	8.86	21.21	-17.05	6.71	573.43	5.38
Provision for Income Taxes	1.09	2.67	-3.61	1.46	98.11	-1.07
Net Income	12.19	15.7	-14.7	3.97	373.35	3.35
Minority Interest in Earnings	-1.87	-2.84	-1.26	-1.28	-101.97	-3.1
Net Income to Common	12.19	15.7	-14.7	3.97	373.35	3.35
Net Income Growth	-	-	-	-98.94%	11054.74%	-62.93%
Shares Outstanding (Basic)	16	16	16	16	16	16
Shares Outstanding (Diluted)	16	16	16	16	16	16
Shares Change (YoY)	-	-	-	-	-	0.66%
EPS (Basic)	0.76	0.97	-0.91	0.25	23.11	0.21
EPS (Diluted)	0.76	0.97	-0.91	0.25	23.11	0.21
EPS Growth	-	-	-	-98.92%	10904.76%	-62.50%
Shares Outstanding	16.15	16.15	16.15	16.15	16.15	16.15
Free Cash Flow	-54.95	-85.05	-56.84	-49.52	-64.07	-19.59
Free Cash Flow Per Share	-3.40	-5.27	-3.52	-3.07	-3.97	-1.21
Gross Margin	41.92%	44.25%	42.81%	44.76%	51.15%	50.38%
Operating Margin	-15.51%	-12.85%	-14.03%	-22.26%	-24.68%	-49.04%
Profit Margin	27.93%	37.07%	-28.40%	10.40%	1266.03%	15.33%
FCF Margin	-109.14%	-170.04%	-120.13%	-98.05%	-170.66%	-46.61%
EBITDA	5.57	6.21	5.89	3.33	3.84	-5.59
EBITDA Margin	11.06%	12.41%	12.45%	6.60%	10.24%	-13.29%
EBIT	0.02	-6.43	-6.64	-11.24	-9.27	-20.62
EBIT Margin	-15.51%	-12.85%	-14.03%	-22.26%	-24.68%	-49.04%
Effective Tax Rate	7.18%	12.58%	21.16%	21.71%	17.11%	-19.84%

Updated May 7, 2026. Data Source: Fiscal.ai. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q