What is Boston Omaha Corporation's earnings per share (EPS)?

Boston Omaha Corporation (BOC) reported diluted earnings per share of -$0.40 for fiscal year 2025. This represents a -900.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Boston Omaha Corporation (BOC) Financials

BOC

Trailing 12 months to June 30, 2026

Revenue $115.4M +9.9% YoY

Net Income -$13.2M -1825.2% YoY

EPS (Diluted) -$0.42 -1500.0% YoY

Free Cash Flow -$5.7M +13.3% YoY

Market Cap $383.5M as of Oct 16, 2026

Price / Sales 3.3x on $115.4M revenue, trailing 12 months to June 30, 2026

Price / Earnings n/m net loss, so no earnings multiple, trailing 12 months to June 30, 2026

Price / Book 0.8x on $501.9M equity, Q2 FY2026

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 Oct 16, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 13, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 13, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the BOC SEC filings page.

Boston Omaha Corporation (BOC) reported $115.4M in revenue over the twelve months to Jun 30, 2026, up 9.9% 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).

Rhea AI BOC FY2025 2026-10-03

Boston Omaha is growing sales, but operating losses persist and cash is being consumed by ongoing reinvestment.

The key split is between operating improvement and bottom-line deterioration: operating margin improved from -9.2% in FY2023 to -3.4% in FY2025. Yet net margin fell to -10.9% in FY2025, meaning below-operating-line items offset much of the core improvement.

In FY2025, operating cash flow was $17.9M, yet free cash flow remained negative at -$10.0M. The gap indicates cash produced by operations was being absorbed by reinvestment rather than accumulating as discretionary cash.

Debt-to-equity increased from 0.05x in FY2023 to 0.09x in FY2025. A current ratio of 2.2x still indicates near-term liabilities were outweighed by current assets, but the balance sheet is becoming more debt-dependent.

Financial Health Signals

Financial health score not available

Boston Omaha Corporation does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Altman Z-Score Distress

1.54

Boston Omaha Corporation scores 1.54, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($383.5M) relative to total liabilities ($177.0M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

4/8

Boston Omaha Corporation passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Mixed

N/A

Boston Omaha Corporation reported a net loss of $12.4M while generating $17.9M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.

Interest Coverage At Risk

N/A

Boston Omaha Corporation reported an operating loss of $3.9M against $2.3M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$22.2M

YoY+2.4%

QoQ-21.4%

5Y CAGR+9.4%

10Y CAGR+36.4%

Boston Omaha Corporation generated $22.2M in revenue in Q2 2026. This represents an increase of 2.4% from the same quarter a year earlier. Against the prior quarter it is down 21.4%.

EBITDA

$3.9M

YoY+9.2%

QoQ+73.6%

5Y CAGR+23.5%

Boston Omaha Corporation's EBITDA was $3.9M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 9.2% from the same quarter a year earlier. Against the prior quarter it is up 73.6%.

Net Income

-$1.6M

YoY+30.5%

QoQ+25.0%

Boston Omaha Corporation reported -$1.6M in net income in Q2 2026. This represents an increase of 30.5% from the same quarter a year earlier. Against the prior quarter it is up 25.0%.

EPS (Diluted)

-$0.05

YoY+28.6%

QoQ+28.6%

Boston Omaha Corporation earned -$0.05 per diluted share (EPS) in Q2 2026. This represents an increase of 28.6% from the same quarter a year earlier. Against the prior quarter it is up 28.6%.

Cash & Balance Sheet

Free Cash Flow

$973K

YoY+158.1%

QoQ+137.1%

Boston Omaha Corporation generated $973K in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 158.1% from the same quarter a year earlier. Against the prior quarter it is up 137.1%.

Cash & Debt

$15.1M

YoY-49.1%

QoQ-47.5%

5Y CAGR-23.4%

10Y CAGR-10.0%

Boston Omaha Corporation held $15.1M in cash against $45.2M in long-term debt as of Q2 2026.

Shares Outstanding

Diluted avg 30M

Boston Omaha Corporation had a weighted average of 30M diluted shares in Q2 2026; the shares outstanding count is not reported for that period.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Gross Margin

72.1%

YoY-0.2pp

QoQ+10.2pp

5Y change+5.9pp

10Y change+2.6pp

Boston Omaha Corporation's gross margin was 72.1% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 0.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 10.2 percentage points.

Operating Margin

-2.7%

YoY-0.4pp

QoQ+5.0pp

5Y change+5.0pp

10Y change+63.4pp

Boston Omaha Corporation's operating margin was -2.7% in Q2 2026, reflecting core business profitability. This is down 0.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 5.0 percentage points.

Net Margin

-7.3%

YoY+3.4pp

QoQ+0.4pp

5Y change-68.2pp

10Y change+57.1pp

Boston Omaha Corporation's net profit margin was -7.3% in Q2 2026, showing the share of revenue converted to profit. This is up 3.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.4 percentage points.

Return on Equity

-0.3%

YoY+0.1pp

QoQ+0.1pp

5Y change-1.9pp

10Y change+0.7pp

Boston Omaha Corporation's ROE was -0.3% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 0.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.1 percentage points.

Capital Allocation

Share Buybacks

$5.8M

QoQ+19.9%

Boston Omaha Corporation spent $5.8M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. Against the prior quarter it is up 19.9%.

Capital Expenditures

$5.3M

YoY-27.5%

QoQ-18.3%

5Y CAGR+5.4%

10Y CAGR+59.5%

Boston Omaha Corporation invested $5.3M in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 27.5% from the same quarter a year earlier. Against the prior quarter it is down 18.3%.

R&D Spending

Not reported for Q2 2026.

BOC 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.

BOC quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$115.4M	$114.4M+5.6%	$108.3M+12.5%	$96.3M+18.5%	$81.2M+42.6%	$57.0M+24.5%	$45.7M+10.5%	$41.4M+106.7%	$20.0M+122.1%	$9.0M+134.5%	$3.8M+431.7%	$723K+1547.7%	$44K+30.8%	$34K-68.1%	$105K	N/A
Cost of Revenue	$40.9M	$39.1M+13.8%	$34.3M+7.7%	$31.9M	N/A	N/A	N/A	$11.3M+100.8%	$5.6M+109.6%	$2.7M+135.9%	$1.1M+397.0%	$230K	N/A	N/A	N/A	N/A
Gross Profit	$74.5M	$75.3M+1.9%	$73.9M+14.9%	$64.4M+18.0%	$54.5M+42.1%	$38.4M+40.9%	$27.2M+14.5%	$23.8M+91.3%	$12.4M+122.6%	$5.6M+116.6%	$2.6M+422.4%	$493K	N/A	N/A	N/A	N/A
SG&A Expenses	$16.1M	$15.9M-2.2%	$16.2M+0.8%	$16.1M+25.3%	$12.9M+31.8%	$9.8M+40.0%	$7.0M+9.8%	$6.3M+50.3%	$4.2M+123.4%	$1.9M+139.6%	$788K+412.9%	$154K	N/A	$1K+1548.7%	$76	N/A
Operating Income	-$5.4M	-$3.9M+53.6%	-$8.5M+4.3%	-$8.9M-69.3%	-$5.2M+78.0%	-$23.8M-375.8%	-$5.0M+59.8%	-$12.4M-1.3%	-$12.3M-81.0%	-$6.8M-115.8%	-$3.1M-183.5%	-$1.1M-4746.0%	-$23K+42.1%	-$39K	N/A	N/A
EBITDA	N/A	$13.1M+117.2%	$6.0M-43.7%	$10.7M+8.3%	$9.9M+172.5%	-$13.6M-605.7%	$2.7M+132.1%	$1.2M+127.8%	-$4.2M-22.3%	-$3.4M-127.8%	-$1.5M-131.3%	-$649K	N/A	-$10K	N/A	N/A
Interest Expense	$2.4M	$2.3M+45.8%	$1.6M+39.3%	$1.1M-5.0%	$1.2M+26.3%	$956K+13.6%	$842K+178.1%	$303K+16682.1%	$2K-78.1%	$8K+5.9%	$8K-65.4%	$23K-20.0%	$28K+7.1%	$26K+32.8%	$20K+248.7%	-$13K
Income Tax	-$206K	-$79K+71.2%	-$275K+90.8%	-$3.0M-18.9%	-$2.5M-114.2%	$17.7M	$0	$0	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$13.2M	-$12.4M-863.6%	-$1.3M+81.6%	-$7.0M-168.4%	$10.2M-80.6%	$52.8M+107557.9%	-$49K+96.7%	-$1.5M+83.7%	-$9.1M-40.9%	-$6.5M-103.8%	-$3.2M-203.0%	-$1.0M-1468.5%	-$67K+4.0%	-$70K+27.0%	-$95K-41.5%	-$67K
EPS (Basic)	N/A	-$0.40-900.0%	-$0.04+82.6%	-$0.23-167.6%	$0.34-81.3%	$1.82	$0.00	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	-$0.42	-$0.40-900.0%	-$0.04+82.6%	-$0.23-167.6%	$0.34-81.3%	$1.82	$0.00	N/A	N/A	N/A	N/A	N/A	N/A	-$0.04+20.0%	-$0.05-25.0%	-$0.04
Diluted Shares (Avg)	N/A	31M-0.3%	31M+1.3%	31M+4.5%	30M+2.5%	29M+13.1%	26M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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	$22.2M+2.4%	$28.2M+1.9%	$36.2M+29.7%	$28.7M+3.7%	$21.7M-20.0%	$27.7M+8.5%	$27.9M+13.2%	$27.7M+12.8%
Cost of Revenue	$6.2M+3.0%	$10.8M+18.7%	$14.3M+67.2%	$9.7M+7.8%	$6.0M-30.1%	$9.1M+10.8%	$8.5M	$9.0M
Gross Profit	$16.0M+2.2%	$17.5M-6.3%	$22.0M+13.2%	$19.0M+1.8%	$15.7M-15.2%	$18.6M+7.4%	$19.4M+17.3%	$18.7M+12.9%
SG&A Expenses	$3.3M+3.8%	$3.9M+2.6%	$4.9M+27.4%	$4.0M-7.6%	$3.2M-19.9%	$3.8M-6.9%	$3.8M-3.8%	$4.3M+3.4%
Operating Income	-$603K-17.8%	-$2.2M-174.2%	-$1.6M-23.1%	-$1.1M-42.2%	-$512K+88.4%	-$798K+61.2%	-$1.3M+44.4%	-$740K+61.9%
EBITDA	$3.9M+9.2%	$2.3M-30.1%	$3.0M+192.7%	$3.3M-33.8%	$3.6M+238.7%	$3.2M-1.6%	-$3.2M-210.4%	$4.9M+62.3%
Interest Expense	$607K+5.9%	$609K+12.4%	$565K+17.4%	$650K+39.3%	$573K+55.6%	$542K+92.2%	$481K+69.1%	$467K+62.6%
Income Tax	-$448K+44.2%	-$669K-257.8%	$1.7M+41.3%	-$809K-51.8%	-$803K-3542.4%	-$187K+80.0%	$1.2M+172.5%	-$533K+25.7%
Net Income	-$1.6M+30.5%	-$2.1M-221.2%	-$6.9M-228.2%	-$2.6M-62.2%	-$2.3M-3.7%	-$669K+76.2%	$5.3M+249.5%	-$1.6M+2.9%
EPS (Basic)	-$0.05+28.6%	-$0.07-250.0%	-$0.22-229.4%	-$0.08-60.0%	-$0.070.0%	-$0.02+77.8%	$0.17+241.7%	-$0.050.0%
EPS (Diluted)	-$0.05+28.6%	-$0.07-250.0%	-$0.22-229.4%	-$0.08-60.0%	-$0.070.0%	-$0.02+77.8%	$0.17+241.7%	-$0.050.0%
Diluted Shares (Avg)	30M-3.3%	31M-2.0%	N/A	31M+0.1%	31M-1.3%	31M+0.3%	N/A	31M+0.2%

Not reported in any period shown, so not listed: R&D Expenses.

BOC Balance Sheet

BOC quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$713.1M-2.1%	$728.3M-5.2%	$768.2M+11.7%	$687.8M-14.8%	$807.1M+26.0%	$640.7M+46.6%	$436.9M+31.5%	$332.2M+116.4%	$153.5M+133.8%	$65.7M+176.0%	$23.8M+48716.8%	$49K-48.1%	$94K+24.2%	$76K-86.9%	$576K
Current Assets	$142.3M+21.2%	$117.4M-10.6%	$131.4M+15.3%	$114.0M-70.8%	$390.7M+18.7%	$329.0M+102.9%	$162.2M+36.8%	$118.6M+26.3%	$93.8M+190.3%	$32.3M+138.8%	$13.5M+926409.2%	$1K-95.3%	$31K+254.6%	$9K-82.8%	$51K
Cash & Equivalents	$16.1M-43.2%	$28.3M+28.9%	$21.9M-13.9%	$25.5M-64.8%	$72.5M+62.3%	$44.7M+178.7%	$16.0M-6.3%	$17.1M+150.1%	$6.8M-76.9%	$29.6M+124.2%	$13.2M+902642.4%	$1K-94.7%	$28K+340.4%	$6K+867.1%	$653
Short-Term Investments	$5.0M-88.9%	$45.0M+81.6%	$24.8M+293.6%	$6.3M+33.0%	$4.7M-32.9%	$7.1M+7.7%	$6.5M+4.7%	$6.3M+276.7%	$1.7M+43.6%	$1.2M	$0	$0	$0	$0	$0
Accounts Receivable	$9.6M-22.9%	$12.4M+2.4%	$12.1M+108.2%	$5.8M+30.5%	$4.5M+10.6%	$4.0M-3.6%	$4.2M-6.1%	$4.5M+307.4%	$1.1M+39.9%	$783K+183.0%	$277K	N/A	N/A	N/A	N/A
Long-Term Investments	$46.3M-37.5%	$74.1M-15.0%	$87.1M+233.3%	$26.1M+35.3%	$19.3M-0.7%	$19.4M-54.4%	$42.6M+31.7%	$32.4M+132.9%	$13.9M+980.9%	$1.3M	$0	$0	$0	$0	$0
Goodwill	$171.1M-6.2%	$182.4M0.0%	$182.4M+1.6%	$179.5M+18.6%	$151.3M+21.6%	$124.4M+17.1%	$106.3M+7.7%	$98.7M+299.7%	$24.7M+43.4%	$17.2M+293.2%	$4.4M	$0	N/A	N/A	N/A
Total Liabilities	$177.0M+6.9%	$165.6M+9.1%	$151.8M-4.0%	$158.1M-5.0%	$166.5M-35.8%	$259.1M+188.1%	$89.9M+475.3%	$15.6M+207.2%	$5.1M+46.9%	$3.5M+1094.1%	$290K-43.8%	$516K+4.4%	$494K+21.6%	$407K-49.9%	$811K
Current Liabilities	$65.3M+18.8%	$54.9M+6.9%	$51.4M-3.0%	$53.0M-1.9%	$54.0M+59.5%	$33.9M+56.2%	$21.7M+74.3%	$12.4M+147.2%	$5.0M+56.9%	$3.2M+1006.0%	$290K-43.8%	$516K+4.4%	$494K+21.6%	$407K+1742.4%	$22K
Non-Current Liabilities	$111.7M+0.9%	$110.7M+10.3%	$100.4M-4.5%	$105.1M-6.5%	$112.4M-50.1%	$225.3M+230.0%	$68.3M+2034.7%	$3.2M+5509.5%	$57K-77.7%	$256K	$0	$0	$0	$0-100.0%	$789K
Long-Term Debt	$46.4M+20.9%	$38.4M+44.6%	$26.5M-1.6%	$27.0M-5.5%	$28.5M+30.9%	$21.8M+24.0%	$17.6M	N/A	N/A	N/A	N/A	N/A	$382K-4.5%	$401K-3.2%	$414K
Total Equity	$516.1M-3.1%	$532.8M-1.0%	$538.2M+6.2%	$506.6M+2.1%	$496.3M+30.1%	$381.6M+10.5%	$345.2M+9.5%	$315.2M+114.2%	$147.2M+136.6%	$62.2M+164.7%	$23.5M+5127.1%	-$467K-16.7%	-$401K-21.0%	-$331K-40.4%	-$236K
Retained Earnings	-$17.2M-261.7%	-$4.7M-130.3%	$15.7M-30.9%	$22.7M+82.3%	$12.4M+129.2%	-$42.7M-95.6%	-$21.8M-7.3%	-$20.3M-81.3%	-$11.2M-136.4%	-$4.7M-202.2%	-$1.6M-200.5%	-$522K-14.7%	-$456K-18.0%	-$386K	N/A

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	$683.1M-6.5%	$696.2M-4.7%	$713.1M-2.1%	$721.4M+1.3%	$730.6M+1.0%	$730.8M-3.5%	$728.3M-5.2%	$711.9M-6.8%
Current Assets	$125.0M+0.5%	$110.1M-12.8%	$142.3M+21.2%	$126.1M+16.2%	$124.3M+23.5%	$126.2M-2.8%	$117.4M-10.6%	$108.6M-16.7%
Cash & Equivalents	$15.1M-49.1%	$28.8M+29.3%	$16.1M-43.2%	$37.1M+90.7%	$29.7M+20.6%	$22.3M+27.9%	$28.3M+28.9%	$19.4M-37.2%
Short-Term Investments	$3.6M-90.9%	$28.5M-39.4%	$5.0M-88.9%	$30.5M-22.1%	$38.9M+36.8%	$47.0M+30.3%	$45.0M+81.6%	$39.2M+355.9%
Accounts Receivable	$5.5M-59.0%	$11.6M-7.4%	$9.6M-22.9%	$14.9M+9.3%	$13.4M-1.2%	$12.5M+1.8%	$12.4M+2.4%	$13.6M+83.3%
Long-Term Investments	$40.9M-38.5%	$46.6M-32.9%	$46.3M-37.5%	$57.6M-15.5%	$66.6M-14.9%	$69.4M-18.6%	$74.1M-15.0%	$68.2M+0.6%
Goodwill	$171.1M-6.2%	$182.4M0.0%	$171.1M-6.2%	$182.4M0.0%	$182.4M0.0%	$182.4M0.0%	$182.4M0.0%	$182.4M+0.5%
Total Liabilities	$167.8M-4.3%	$173.0M+1.1%	$177.0M+6.9%	$173.4M+9.4%	$175.4M+11.2%	$171.1M+19.4%	$165.6M+9.1%	$158.5M+6.3%
Current Liabilities	$61.0M+0.3%	$59.3M+4.2%	$65.3M+18.8%	$61.0M+17.3%	$60.8M+21.6%	$56.9M+28.1%	$54.9M+6.9%	$52.0M+12.5%
Non-Current Liabilities	$106.8M-6.8%	$113.7M-0.4%	$111.7M+0.9%	$112.4M+5.6%	$114.6M+6.4%	$114.2M+15.5%	$110.7M+10.3%	$106.5M+3.5%
Long-Term Debt	$45.2M+3.0%	$45.8M+11.3%	$46.4M+20.9%	$43.4M+22.3%	$43.8M+21.5%	$41.1M+56.4%	$38.4M+44.6%	$35.5M+32.8%
Total Equity	$501.9M-5.5%	$509.2M-4.5%	$516.1M-3.1%	$528.4M+0.1%	$531.0M+0.1%	$533.3M-0.5%	$532.8M-1.0%	$527.7M-2.5%
Retained Earnings	-$20.9M-170.6%	-$19.3M-256.7%	-$17.2M-261.7%	-$10.3M-2.3%	-$7.7M+9.0%	-$5.4M-142.1%	-$4.7M-130.3%	-$10.1M-152.4%

Not reported in any period shown, so not listed: Inventory.

BOC Cash Flow Statement

BOC quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$19.8M	$17.9M-15.9%	$21.2M+32.3%	$16.1M+410.9%	-$5.2M-166.5%	$7.8M+50.1%	$5.2M-46.2%	$9.6M+24984.3%	$38K+101.2%	-$3.2M-115.0%	-$1.5M-82.2%	-$813K-1531.6%	-$50K+27.2%	-$69K+31.0%	-$99K-48.9%	-$67K
Depreciation & Amortization	N/A	$17.0M+17.4%	$14.5M-25.9%	$19.6M+29.4%	$15.1M+49.3%	$10.1M+31.7%	$7.7M-43.3%	$13.6M+68.1%	$8.1M+140.8%	$3.4M+104.9%	$1.6M+257.6%	$458K	N/A	$30K+6.3%	$28K0.0%	$28K
Capital Expenditures	$25.5M	$27.9M-13.4%	$32.2M-37.9%	$51.9M+29.5%	$40.1M+90.7%	$21.0M+145.0%	$8.6M+204.9%	$2.8M-9.9%	$3.1M+37.6%	$2.3M+219.0%	$711K+469.2%	$125K	N/A	N/A	N/A	N/A
Free Cash Flow	-$5.7M	-$10.0M+8.4%	-$11.0M+69.4%	-$35.8M+20.8%	-$45.2M-241.6%	-$13.2M-289.5%	-$3.4M-150.0%	$6.8M+320.6%	-$3.1M+43.5%	-$5.5M-148.7%	-$2.2M-133.8%	-$938K	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	-$13.5M-148.2%	$28.1M+143.7%	-$64.3M-173.1%	$87.9M+292.4%	-$45.7M+73.0%	-$169.4M-179.4%	-$60.6M+63.2%	-$164.8M-48.6%	-$110.9M-363.8%	-$23.9M-123.0%	-$10.7M	N/A	N/A	N/A	N/A
Financing Cash Flow	N/A	$1.2M+102.5%	-$47.6M-244.4%	$32.9M+130.0%	-$109.7M-269.7%	$64.6M-68.1%	$202.8M+311.9%	$49.2M-72.0%	$175.6M+92.1%	$91.4M+118.9%	$41.8M+68.9%	$24.7M+105094.3%	$24K-73.9%	$90K-14.3%	$105K+61.5%	$65K
Share Buybacks	$16.2M	$5.8M-68.7%	$18.4M	$0	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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	$6.3M+11.4%	$3.9M+51.2%	$5.8M-36.4%	$3.9M-25.5%	$5.6M+24.9%	$2.6M+5.8%	$9.1M+139.0%	$5.2M-34.0%
Depreciation & Amortization	$4.5M+10.3%	$4.4M+10.4%	$4.5M+19.7%	$4.3M-23.9%	$4.1M-24.8%	$4.0M-24.6%	$3.8M-27.8%	$5.7M+13.9%
Capital Expenditures	$5.3M-27.5%	$6.5M-5.5%	$8.3M-2.2%	$5.4M-15.6%	$7.3M-17.3%	$6.9M-18.8%	$8.5M-2.9%	$6.4M-71.0%
Free Cash Flow	$973K+158.1%	-$2.6M+39.1%	-$2.5M-504.8%	-$1.6M-26.3%	-$1.7M+61.2%	-$4.3M+28.6%	$619K+112.5%	-$1.2M+91.4%
Investing Cash Flow	N/A	$5.3M+147.5%	-$11.3M-528.3%	$9.1M+3570.4%	-$155K-102.1%	-$11.2M-149.1%	-$1.8M+88.3%	-$262K+97.3%
Financing Cash Flow	N/A	-$11.0M-261.1%	-$4.1M-406.4%	-$4.7M+52.5%	$3.1M+109.0%	$6.8M+246.9%	$1.3M+212.5%	-$9.8M-75.5%
Share Buybacks	$5.8M	$4.8M+5426.4%	$5.7M+2609.0%	$170-100.0%	$0-100.0%	$87K	$209K	$1.4M

Not reported in any period shown, so not listed: Stock-Based Compensation, Dividends Paid.

BOC 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.

BOC quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	65.8%-2.4pp	68.3%+1.4pp	66.9%-0.3pp	67.1%-0.2pp	67.4%+7.8pp	59.5%+2.1pp	57.5%-4.6pp	62.1%+0.1pp	62.0%-5.1pp	67.1%-1.2pp	68.3%	N/A	N/A	N/A	N/A
Operating Margin	-3.4%+4.4pp	-7.8%+1.4pp	-9.2%-2.8pp	-6.4%+35.3pp	-41.7%-30.8pp	-10.9%+19.1pp	-30.0%+31.2pp	-61.2%+13.9pp	-75.1%+6.5pp	-81.7%	-153.1%	-52.1%	-117.5%	N/A	N/A
Net Margin	-10.9%-9.7pp	-1.2%+6.1pp	-7.3%-19.9pp	12.6%-80.0pp	92.6%+92.7pp	-0.1%+3.5pp	-3.6%+41.9pp	-45.5%+26.2pp	-71.8%+10.8pp	-82.6%	-144.9%	-152.2%	-207.3%	-90.6%	N/A
Return on Equity	-2.4%-2.2pp	-0.2%+1.1pp	-1.3%-3.3pp	2.0%-8.6pp	10.6%+10.6pp	0.0%+0.4pp	-0.4%+2.5pp	-2.9%+1.5pp	-4.4%+0.7pp	-5.1%-0.6pp	-4.5%	N/A	N/A	N/A	N/A
Return on Assets	-1.7%-1.6pp	-0.2%+0.7pp	-0.9%-2.4pp	1.5%-5.1pp	6.5%+6.6pp	0.0%+0.3pp	-0.3%+2.4pp	-2.7%+1.5pp	-4.2%+0.6pp	-4.8%-0.4pp	-4.4%+132.7pp	-137.1%-63.0pp	-74.1%+51.9pp	-126.0%-114.3pp	-11.7%
Current Ratio	2.180.0x	2.14-0.4x	2.56+0.4x	2.15-5.1x	7.23-2.5x	9.71+2.2x	7.48-2.1x	9.53-9.1x	18.65+8.6x	10.08-36.6x	46.68+46.7x	0.00-0.1x	0.060.0x	0.02-2.3x	2.29
Debt-to-Equity	0.090.0x	0.070.0x	0.050.0x	0.050.0x	0.060.0x	0.060.0x	0.050.0x	0.050.0x	0.030.0x	0.060.0x	0.01	N/A	N/A	N/A	N/A
Asset Turnover	0.160.0x	0.150.0x	0.130.0x	0.120.0x	0.070.0x	0.070.0x	0.090.0x	0.060.0x	0.060.0x	0.060.0x	0.03-0.9x	0.90+0.5x	0.36-1.0x	1.39	N/A
FCF Margin	-8.8%+1.3pp	-10.1%+27.1pp	-37.2%+18.5pp	-55.7%-32.4pp	-23.2%-15.8pp	-7.4%-23.9pp	16.4%+31.8pp	-15.4%+45.1pp	-60.5%-3.4pp	-57.1%	-129.8%	N/A	N/A	N/A	N/A

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
Gross Margin	72.1%-0.2pp	61.9%-5.4pp	60.7%-8.8pp	66.2%-1.3pp	72.2%+4.0pp	67.3%-0.7pp	69.5%+2.4pp	67.5%0.0pp
Operating Margin	-2.7%-0.4pp	-7.8%-4.9pp	-4.3%+0.2pp	-3.7%-1.0pp	-2.4%+13.9pp	-2.9%+5.2pp	-4.6%+4.7pp	-2.7%+5.2pp
Net Margin	-7.3%+3.4pp	-7.6%-5.2pp	-18.9%-38.1pp	-9.0%-3.3pp	-10.7%-2.4pp	-2.4%+8.6pp	19.1%+33.7pp	-5.8%+0.9pp
Return on Equity	-0.3%+0.1pp	-0.4%-0.3pp	-1.3%-2.3pp	-0.5%-0.2pp	-0.4%0.0pp	-0.1%+0.4pp	1.0%+1.7pp	-0.3%0.0pp
Return on Assets	-0.2%+0.1pp	-0.3%-0.2pp	-1.0%-1.7pp	-0.4%-0.1pp	-0.3%0.0pp	-0.1%+0.3pp	0.7%+1.2pp	-0.2%0.0pp
Current Ratio	2.050.0x	1.86-0.4x	2.180.0x	2.070.0x	2.050.0x	2.22-0.7x	2.14-0.4x	2.09-0.7x
Debt-to-Equity	0.090.0x	0.090.0x	0.090.0x	0.080.0x	0.080.0x	0.080.0x	0.070.0x	0.070.0x
Asset Turnover	0.030.0x	0.040.0x	0.050.0x	0.040.0x	0.030.0x	0.040.0x	0.040.0x	0.040.0x
FCF Margin	4.4%+12.1pp	-9.3%+6.2pp	-6.9%-9.1pp	-5.4%-1.0pp	-7.7%+8.2pp	-15.5%+8.1pp	2.2%+22.3pp	-4.4%+53.9pp

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
Boston Omaha Corporation BOC	FY2025	$114.4M	-$12.4M	-10.9%	$383.5M	—
Tejon Ranch Co. TRC	FY2025	$49.6M	$75K	0.1%	$438.0M	42/100
FTAI Infrastructure Inc. FIP	FY2025	$502.5M	-$152.1M	-30.3%	$273.0M	21/100
Compass Diversified CODI	FY2025	$1.9B	-$226.4M	-12.1%	$802.8M	32/100
Falcon's Beyond Global, Inc. FBYD	FY2025	$14.9M	$6.3M	42.4%	$398.9M	16/100

Where Boston Omaha Corporation Ranks

Frequently Asked Questions

What is Boston Omaha Corporation's annual revenue?

Boston Omaha Corporation (BOC) reported $114.4M in total revenue for fiscal year 2025. This represents a 5.6% 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 Boston Omaha Corporation's revenue growing?

Boston Omaha Corporation (BOC) revenue grew by 5.6% year-over-year, from $108.3M to $114.4M in fiscal year 2025.

Is Boston Omaha Corporation profitable?

No, Boston Omaha Corporation (BOC) reported a net income of -$12.4M in fiscal year 2025, with a net profit margin of -10.9%.

What is Boston Omaha Corporation's EBITDA?

Boston Omaha Corporation (BOC) had EBITDA of $13.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Boston Omaha Corporation have?

As of fiscal year 2025, Boston Omaha Corporation (BOC) had $16.1M in cash and equivalents against $46.4M in long-term debt.

What is Boston Omaha Corporation's gross margin?

Boston Omaha Corporation (BOC) had a gross margin of 65.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Boston Omaha Corporation's operating margin?

Boston Omaha Corporation (BOC) had an operating margin of -3.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Boston Omaha Corporation's net profit margin?

Boston Omaha Corporation (BOC) had a net profit margin of -10.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Boston Omaha Corporation's return on equity (ROE)?

Boston Omaha Corporation (BOC) has a return on equity of -2.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Boston Omaha Corporation's free cash flow?

Boston Omaha Corporation (BOC) recorded an outflow of $10.0M in free cash flow during fiscal year 2025. This represents a 8.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Boston Omaha Corporation's operating cash flow?

Boston Omaha Corporation (BOC) generated $17.9M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Boston Omaha Corporation's total assets?

Boston Omaha Corporation (BOC) had $713.1M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Boston Omaha Corporation's capital expenditures?

Boston Omaha Corporation (BOC) invested $27.9M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does Boston Omaha Corporation buy back shares?

Yes, Boston Omaha Corporation (BOC) spent $5.8M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

What is Boston Omaha Corporation's current ratio?

Boston Omaha Corporation (BOC) had a current ratio of 2.18 as of fiscal year 2025, which is generally considered healthy.

What is Boston Omaha Corporation's debt-to-equity ratio?

Boston Omaha Corporation (BOC) had a debt-to-equity ratio of 0.09 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Boston Omaha Corporation's return on assets (ROA)?

Boston Omaha Corporation (BOC) had a return on assets of -1.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Boston Omaha Corporation's P/E ratio?

Boston Omaha Corporation (BOC) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $383.5M as of Oct 16, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Boston Omaha Corporation's price-to-sales ratio?

Boston Omaha Corporation (BOC) trades at 3.3x sales, its market capitalization divided by revenue of $115.4M revenue, trailing 12 months to June 30, 2026. The market capitalization is $383.5M as of Oct 16, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Boston Omaha Corporation's Altman Z-Score?

Boston Omaha Corporation (BOC) has an Altman Z-Score of 1.54, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Boston Omaha Corporation's Piotroski F-Score?

Boston Omaha Corporation (BOC) has a Piotroski F-Score of 4 out of 8 computable signals; 1 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 Boston Omaha Corporation's earnings high quality?

Boston Omaha Corporation (BOC) reported a net loss of $12.4M while generating $17.9M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. 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.

Can Boston Omaha Corporation cover its interest payments?

Boston Omaha Corporation (BOC) reported an operating loss of $3.9M against $2.3M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.