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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	81.75	79.76	73.89	67.56	62.18	61.66
Other Revenue	2.14	2.05	1.47	1.23	-0.1	0.6
Total Revenue	83.88	81.81	75.36	68.79	62.07	62.26
Revenue Growth (YoY	4.96%	8.57%	9.54%	10.83%	-0.31%	0.17%
Property Expenses	26.01	25.24	25.07	21.95	20.31	17.87
Selling, General & Administrative	2.81	2.94	2.9	2.73	2.48	2.21
Depreciation & Amortization	16.86	16.98	16.77	16.37	16.67	18.41
Other Operating Expenses	10.46	10	9.95	9.15	8.94	8.65
Total Operating Expenses	56.14	55.16	54.7	50.21	48.4	47.13
Operating Income	27.75	26.65	20.66	18.59	13.68	15.13
Interest Expense	-15.58	-15.46	-15.72	-15.05	-13.63	-13.71
Interest & Investment Income	3.9	4.47	4.49	1.06	0	0
Other Non-Operating Income	-	-	-	-0.04	-0.05	-
EBT Excluding Unusual Items	16.07	15.66	9.43	4.56	-0	1.42
Asset Writedown	-	-	-0.97	-	-	-
Other Unusual Items	-	-	-	-0.83	-2.7	-
Pretax Income	16.07	15.66	8.45	3.72	-2.7	1.42
Net Income	16.07	15.66	8.45	3.72	-2.7	1.42
Net Income to Common	16.07	15.66	8.45	3.72	-2.7	1.42
Net Income Growth	33.80%	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)	-0.78%	-1.25%	-1.38%	-1.26%	-0.07%	-0.52%
EPS (Basic)	4.59	4.46	2.38	1.03	-0.74	0.39
EPS (Diluted)	4.59	4.46	2.38	1.03	-0.74	0.39
EPS Growth	34.86%	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	33.08%	32.58%	27.42%	27.02%	22.03%	24.30%
Profit Margin	19.16%	19.14%	11.22%	5.41%	-4.35%	2.29%
EBITDA	44.6	43.64	37.44	34.96	30.35	33.54
EBITDA Margin	53.17%	53.34%	49.68%	50.82%	48.89%	53.87%
D&A For Ebitda	16.86	16.98	16.77	16.37	16.67	18.41
EBIT	27.75	26.65	20.66	18.59	13.68	15.13
EBIT Margin	33.08%	32.58%	27.42%	27.02%	22.03%	24.30%
Revenue as Reported	82.52	80.53	74.48	68.29	62.64	62.1

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q