A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 3, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 3, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the ALX SEC filings page.
Alexander's (ALX) reported $214.8M in revenue over the twelve months to Jun 30, 2026, down 1.5% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Alexander’s operates through a shrinking equity base: heavy leverage and dividends absorb cash despite positive operating cash generation.
By FY2025, equity had more than halved since FY2023 while debt-to-equity reached 9.2x, showing that the balance sheet became progressively more debt-dependent even as assets contracted. Operating cash flow was$74.4M , yet dividends were$92.4M ; cash generated by operations therefore did not fully fund the recurring distribution.
Revenue fell
Depreciation and amortization was
Financial Health Signals
Scored against REITs for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Alexander's's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
FFO Margin measures funds from operations against revenue, and funds from operations is net income with property depreciation added back, since a building written down a little further every year on paper is often worth more rather than less. Alexander's scores 62/100 on it among other REITs.
FFO Growth follows the three-year path of funds from operations, which is net income with property depreciation added back. Alexander's scores 10/100 on it among other REITs.
Not available for Alexander's, and counted as zero in the overall score.
Not available for Alexander's, and counted as zero in the overall score.
AFFO Margin takes funds from operations, subtracts the spending a REIT needs just to keep its properties in working order, and measures what is left against revenue. Alexander's scores 66/100 on it among other REITs.
Dividend coverage measures funds from operations against the dividends actually paid, and a figure above 1 means the payout came out of operations. Alexander's scores 16/100 on it among other REITs.
Alexander's passes 5 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 3 of 4 profitability signals pass, all 1 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Alexander's generates $2.60 in operating cash flow ($73.4M OCF vs $28.2M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
Alexander's generated $54.7M in revenue in Q2 2026. This represents an increase of 6.1% from the same quarter a year earlier. Against the prior quarter it is up 2.4%.
Alexander's reported $155.4M in net income in Q2 2026. This represents an increase of 2438.6% from the same quarter a year earlier. Against the prior quarter it is up 3232.5%.
Alexander's earned $30.24 per diluted share (EPS) in Q2 2026. This represents an increase of 2441.2% from the same quarter a year earlier. Against the prior quarter it is up 3223.1%.
Not reported for Q2 2026.
Cash & Balance Sheet
Alexander's held $303.3M in cash as of Q2 2026; long-term debt is not reported for that period.
Alexander's paid $4.50 per share in dividends in Q2 2026. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.
Not reported for Q2 2026.
Margins & Returns
Alexander's's ROE was 69.5% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 65.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 64.3 percentage points.
Not reported for Q2 2026.
Not reported for Q2 2026.
Not shown for Q2 2026: the reported ratio is above 100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
None of these metrics is reported for Q2 2026.
ALX Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $54.7M+6.1% | $53.4M-2.7% | $53.3M-4.7% | $53.4M-4.0% | $51.6M-3.4% | $54.9M-10.6% | $55.9M-11.2% | $55.7M+0.5% |
| SG&A Expenses | $3.3M+67.1% | $1.7M+7.7% | $1.7M+13.6% | $1.3M-5.2% | $2.0M-9.4% | $1.6M+7.8% | $1.5M-2.3% | $1.4M-9.9% |
| Interest Expense | $10.8M-15.7% | $10.7M-0.6% | $14.0M+25.6% | $14.1M-26.9% | $12.8M-21.1% | $10.8M-33.5% | $11.1M-33.4% | $19.3M+19.1% |
| Net Income | $155.4M+2438.6% | $4.7M-62.1% | $3.8M-68.9% | $6.0M-10.6% | $6.1M-27.0% | $12.3M-23.6% | $12.3M-24.6% | $6.7M-37.9% |
| EPS (Basic) | $30.24+2441.2% | $0.91-62.1% | $0.75-68.6% | $1.16-10.8% | $1.19-27.0% | $2.40-23.6% | $2.39-24.8% | $1.30-38.1% |
| EPS (Diluted) | $30.24+2441.2% | $0.91-62.1% | $0.75-68.6% | $1.16-10.8% | $1.19-27.0% | $2.40-23.6% | $2.39-24.8% | $1.30-38.1% |
| Diluted Shares (Avg) | 5M+0.1% | 5M0.0% | N/A | 5M0.0% | 5M+0.1% | 5M+0.1% | N/A | 5M+0.1% |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, EBITDA, Income Tax.
ALX Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.2B-8.9% | $1.1B-17.8% | $1.1B-17.2% | $1.3B-5.0% | $1.3B-10.8% | $1.3B-4.2% | $1.3B-4.4% | $1.4B-3.3% |
| Cash & Equivalents | $303.3M-3.1% | $76.2M-76.2% | $128.2M-62.1% | $286.1M-19.4% | $313.0M-23.8% | $319.9M-39.2% | $338.5M-36.3% | $354.8M-30.1% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Receivable | $3.0M-27.4% | $2.5M-52.9% | $4.1M-19.6% | $4.3M-8.6% | $4.1M-10.1% | $5.4M-6.4% | $5.1M-15.9% | $4.7M-26.0% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $979.4M-16.7% | $1.0B-14.0% | $1.0B-14.0% | $1.2B-0.5% | $1.2B-7.3% | $1.2B+0.7% | $1.2B-0.1% | $1.2B+1.3% |
| Total Equity | $223.6M+53.7% | $90.7M-44.4% | $109.2M-38.3% | $128.3M-32.7% | $145.4M-31.6% | $163.1M-29.1% | $176.9M-25.6% | $190.7M-24.3% |
| Retained Earnings | $183.0M+73.2% | $50.8M-58.6% | $69.2M-48.1% | $88.5M-38.6% | $105.6M-34.2% | $122.6M-30.1% | $133.4M-26.8% | $144.2M-23.7% |
Not reported in any period shown, so not listed: Current Assets, Inventory, Goodwill, Current Liabilities, Non-Current Liabilities, Long-Term Debt.
ALX Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $6.2M-85.8% | $6.8M-56.6% | $23.4M-24.0% | -$9.3M-84.2% | $43.6M+278.8% | $15.7M-6.6% | $30.8M-31.1% | -$5.0M-226.3% |
| Depreciation & Amortization | $8.2M-5.5% | $9.4M+0.3% | $9.4M+0.1% | $9.0M+13.1% | $8.7M+0.1% | $9.4M-5.3% | $9.4M-2.8% | $8.0M+0.5% |
| Investing Cash Flow | $223.2M+3475.9% | -$23.9M-197.7% | -$1.8M+81.9% | -$4.4M-19.1% | -$6.6M-2075.0% | -$8.0M-1270.9% | -$9.9M-537.3% | -$3.7M-470.2% |
| Financing Cash Flow | -$23.1M+4.9% | -$23.1M+3.3% | -$181.7M-650.6% | -$24.4M+79.4% | -$24.3M+29.0% | -$23.9M-3.5% | -$24.2M-4.7% | -$118.5M-412.6% |
| Dividends Paid | $23.1M0.0% | $23.1M0.0% | $23.1M0.0% | $23.1M0.0% | $23.1M+0.1% | $23.1M+0.1% | $23.1M+0.1% | $23.1M+0.1% |
Not reported in any period shown, so not listed: Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Share Buybacks.
ALX Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Net Margin | 284.0% | 8.7%-13.7pp | 7.2%-14.8pp | 11.2%-0.8pp | 11.9%-3.8pp | 22.4%-3.8pp | 22.0%-3.9pp | 12.0%-7.4pp |
| Return on Equity | 69.5%+65.3pp | 5.1%-2.4pp | 3.5%-3.4pp | 4.7%+1.1pp | 4.2%+0.3pp | 7.5%+0.5pp | 6.9%+0.1pp | 3.5%-0.8pp |
| Return on Assets | 12.9%+12.4pp | 0.4%-0.5pp | 0.3%-0.6pp | 0.5%0.0pp | 0.5%-0.1pp | 0.9%-0.2pp | 0.9%-0.2pp | 0.5%-0.3pp |
| Debt-to-Equity | 4.38-3.7x | 11.08+3.9x | 9.18+2.6x | 9.10+2.9x | 8.08+2.1x | 7.17+2.1x | 6.58+1.7x | 6.16+1.6x |
| Asset Turnover | 0.050.0x | 0.050.0x | 0.050.0x | 0.040.0x | 0.040.0x | 0.040.0x | 0.040.0x | 0.040.0x |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio, FCF Margin.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Net Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Alexander's ALX | FY2025 | $213.2M | $28.2M | 13.2% | $1.3B | 26/100 |
| Alexander & Baldwin Inc ALEX | FY2025 | $206.7M | $64.7M | 31.3% | $1.5B | 65/100 |
| Saul Ctrs Inc BFS | FY2025 | $289.8M | $37.5M | 12.9% | $806.8M | 62/100 |
| Cbl & Assoc Pptys Inc CBL | FY2025 | $578.4M | $136.0M | 23.5% | $1.7B | 53/100 |
| Getty Rlty Corp GTY | FY2025 | $221.7M | $79.2M | 35.7% | $2.0B | 68/100 |
| Netstreit Corp NTST | FY2025 | $195.0M | $6.9M | 3.6% | $2.1B | 51/100 |
Where Alexander's Ranks
Frequently Asked Questions
What is Alexander's's annual revenue?
Alexander's (ALX) reported $213.2M in total revenue for fiscal year 2025. This represents a -5.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Alexander's's revenue growing?
Alexander's (ALX) revenue declined by 5.8% year-over-year, from $226.4M to $213.2M in fiscal year 2025.
Is Alexander's profitable?
Yes, Alexander's (ALX) reported a net income of $28.2M in fiscal year 2025, with a net profit margin of 13.2%.
What is Alexander's's net profit margin?
Alexander's (ALX) had a net profit margin of 13.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Alexander's pay dividends?
Yes, Alexander's (ALX) paid $18.00 per share in dividends during fiscal year 2025.
What is Alexander's's return on equity (ROE)?
Alexander's (ALX) has a return on equity of 25.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Alexander's's operating cash flow?
Alexander's (ALX) generated $73.4M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Alexander's's total assets?
Alexander's (ALX) had $1.1B in total assets as of fiscal year 2025, including both current and long-term assets.
What is Alexander's's debt-to-equity ratio?
Alexander's (ALX) had a debt-to-equity ratio of 9.18 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Alexander's's return on assets (ROA)?
Alexander's (ALX) had a return on assets of 2.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Alexander's's P/E ratio?
Alexander's (ALX) trades at 7.9x earnings, its market capitalization divided by net income of $169.8M net income, trailing 12 months to June 30, 2026. The market capitalization is $1.3B as of Sep 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Alexander's's price-to-sales ratio?
Alexander's (ALX) trades at 6.3x sales, its market capitalization divided by revenue of $214.8M revenue, trailing 12 months to June 30, 2026. The market capitalization is $1.3B as of Sep 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Alexander's's Piotroski F-Score?
Alexander's (ALX) has a Piotroski F-Score of 5 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Alexander's's earnings high quality?
Alexander's (ALX) has an earnings quality ratio of 2.60x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Alexander's?
Alexander's (ALX) scores 26 out of 100 on our Financial Health Score, indicating weak standing within its REITs peer group. The score is a 0-100 composite of six dimensions (FFO Margin, FFO Growth, Leverage, Interest Cov., AFFO Margin, Dividend Cov.), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.