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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	85.22	79.76	73.89	67.56	62.18	61.66
Other Revenue	2.15	2.05	1.47	1.23	-0.1	0.6
Total Revenue	87.36	81.81	75.36	68.79	62.07	62.26
Revenue Growth (YoY	7.63%	8.57%	9.54%	10.83%	-0.31%	0.17%
Property Expenses	27.26	25.24	25.07	21.95	20.31	17.87
Selling, General & Administrative	3	2.94	2.9	2.73	2.48	2.21
Depreciation & Amortization	20.01	16.98	16.77	16.37	16.67	18.41
Other Operating Expenses	11.08	10	9.95	9.15	8.94	8.65
Total Operating Expenses	61.34	55.16	54.7	50.21	48.4	47.13
Operating Income	26.02	26.65	20.66	18.59	13.68	15.13
Interest Expense	-17.2	-15.46	-15.72	-15.05	-13.63	-13.71
Interest & Investment Income	2.82	4.47	4.49	1.06	0	0
Other Non-Operating Income	-	-	-	-0.04	-0.05	-
EBT Excluding Unusual Items	11.64	15.66	9.43	4.56	-0	1.42
Asset Writedown	-	-	-0.97	-	-	-
Other Unusual Items	-	-	-	-0.83	-2.7	-
Pretax Income	11.64	15.66	8.45	3.72	-2.7	1.42
Net Income	11.64	15.66	8.45	3.72	-2.7	1.42
Net Income to Common	11.64	15.66	8.45	3.72	-2.7	1.42
Net Income Growth	-15.32%	85.26%	127.06%	-	-	-78.24%
Basic Shares Outstanding	3	4	4	4	4	4
Diluted Shares Outstanding	3	4	4	4	4	4
Shares Change (YoY)	-0.56%	-1.25%	-1.38%	-1.26%	-0.07%	-0.52%
EPS (Basic)	3.33	4.46	2.38	1.03	-0.74	0.39
EPS (Diluted)	3.33	4.46	2.38	1.03	-0.74	0.39
EPS Growth	-14.84%	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	29.78%	32.58%	27.42%	27.02%	22.03%	24.30%
Profit Margin	13.32%	19.14%	11.22%	5.41%	-4.35%	2.29%
EBITDA	46.03	43.64	37.44	34.96	30.35	33.54
EBITDA Margin	52.69%	53.34%	49.68%	50.82%	48.89%	53.87%
D&A For Ebitda	20.01	16.98	16.77	16.37	16.67	18.41
EBIT	26.02	26.65	20.66	18.59	13.68	15.13
EBIT Margin	29.78%	32.58%	27.42%	27.02%	22.03%	24.30%
Revenue as Reported	86	80.53	74.48	68.29	62.64	62.1

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

SEC Filings: 10-K · 10-Q