New England Realty Associates Limited Partnership (NEN)

NEN Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	79.76	73.89	67.56	62.18	61.66
Other Revenue	2.05	1.47	1.23	-0.1	0.6
Total Revenue	81.81	75.36	68.79	62.07	62.26
Revenue Growth (YoY	8.57%	9.54%	10.83%	-0.31%	0.17%
Property Expenses	25.24	25.07	21.95	20.31	17.87
Selling, General & Administrative	2.94	2.9	2.73	2.48	2.21
Depreciation & Amortization	16.98	16.77	16.37	16.67	18.41
Other Operating Expenses	10	9.95	9.15	8.94	8.65
Total Operating Expenses	55.16	54.7	50.21	48.4	47.13
Operating Income	26.65	20.66	18.59	13.68	15.13
Interest Expense	-15.46	-15.72	-15.05	-13.63	-13.71
Interest & Investment Income	4.47	4.49	1.06	0	0
Other Non-Operating Income	-	-	-0.04	-0.05	-
EBT Excluding Unusual Items	15.66	9.43	4.56	-0	1.42
Asset Writedown	-	-0.97	-	-	-
Other Unusual Items	-	-	-0.83	-2.7	-
Pretax Income	15.66	8.45	3.72	-2.7	1.42
Net Income	15.66	8.45	3.72	-2.7	1.42
Net Income to Common	15.66	8.45	3.72	-2.7	1.42
Net Income Growth	85.26%	127.06%	-	-	-78.24%
Basic Shares Outstanding	4	4	4	4	4
Diluted Shares Outstanding	4	4	4	4	4
Shares Change (YoY)	-1.25%	-1.38%	-1.26%	-0.07%	-0.52%
EPS (Basic)	4.46	2.38	1.03	-0.74	0.39
EPS (Diluted)	4.46	2.38	1.03	-0.74	0.39
EPS Growth	87.60%	130.24%	-	-	-78.13%
Dividend Per Share	1.600	1.520	1.280	1.280	1.280
Dividend Growth	5.26%	18.74%	-	-	-
Operating Margin	32.58%	27.42%	27.02%	22.03%	24.30%
Profit Margin	19.14%	11.22%	5.41%	-4.35%	2.29%
EBITDA	43.64	37.44	34.96	30.35	33.54
EBITDA Margin	53.34%	49.68%	50.82%	48.89%	53.87%
D&A For Ebitda	16.98	16.77	16.37	16.67	18.41
EBIT	26.65	20.66	18.59	13.68	15.13
EBIT Margin	32.58%	27.42%	27.02%	22.03%	24.30%
Revenue as Reported	80.53	74.48	68.29	62.64	62.1

Updated Mar 14, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q