New England Realty Associates Limited Partnership (NEN)

NEN Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	80.55	79.76	73.89	67.56	62.18	61.66
Other Revenue	1.98	2.05	1.47	1.23	-0.1	0.6
Total Revenue	82.53	81.81	75.36	68.79	62.07	62.26
Revenue Growth (YoY	6.12%	8.57%	9.54%	10.83%	-0.31%	0.17%
Property Expenses	25.81	25.24	25.07	21.95	20.31	17.87
Selling, General & Administrative	2.8	2.94	2.9	2.73	2.48	2.21
Depreciation & Amortization	16.66	16.98	16.77	16.37	16.67	18.41
Other Operating Expenses	10.21	10	9.95	9.15	8.94	8.65
Total Operating Expenses	55.48	55.16	54.7	50.21	48.4	47.13
Operating Income	27.06	26.65	20.66	18.59	13.68	15.13
Interest Expense	-15.34	-15.46	-15.72	-15.05	-13.63	-13.71
Interest & Investment Income	4.28	4.47	4.49	1.06	0	0
Other Non-Operating Income	-	-	-	-0.04	-0.05	-
EBT Excluding Unusual Items	15.99	15.66	9.43	4.56	-0	1.42
Asset Writedown	-	-	-0.97	-	-	-
Other Unusual Items	-	-	-	-0.83	-2.7	-
Pretax Income	15.99	15.66	8.45	3.72	-2.7	1.42
Net Income	15.99	15.66	8.45	3.72	-2.7	1.42
Net Income to Common	15.99	15.66	8.45	3.72	-2.7	1.42
Net Income Growth	57.37%	85.26%	127.06%	-	-	-78.24%
Basic Shares Outstanding	4	4	4	4	4	4
Diluted Shares Outstanding	4	4	4	4	4	4
Shares Change (YoY)	-1.01%	-1.25%	-1.38%	-1.26%	-0.07%	-0.52%
EPS (Basic)	4.56	4.46	2.38	1.03	-0.74	0.39
EPS (Diluted)	4.56	4.46	2.38	1.03	-0.74	0.39
EPS Growth	58.97%	87.60%	130.24%	-	-	-78.13%
Dividend Per Share	1.600	1.600	1.520	1.280	1.280	1.280
Dividend Growth	-	5.26%	18.74%	-	-	-
Operating Margin	32.78%	32.58%	27.42%	27.02%	22.03%	24.30%
Profit Margin	19.38%	19.14%	11.22%	5.41%	-4.35%	2.29%
EBITDA	43.72	43.64	37.44	34.96	30.35	33.54
EBITDA Margin	52.97%	53.34%	49.68%	50.82%	48.89%	53.87%
D&A For Ebitda	16.66	16.98	16.77	16.37	16.67	18.41
EBIT	27.06	26.65	20.66	18.59	13.68	15.13
EBIT Margin	32.78%	32.58%	27.42%	27.02%	22.03%	24.30%
Revenue as Reported	81.33	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