Brt Apartments Corp Financials

BRT

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

This page shows Brt Apartments Corp (BRT) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 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).

Financial Health Signals

Piotroski F-Score Weak

3/9

Brt Apartments Corp passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.

Earnings Quality Mixed

-2.47x

For every $1 of reported earnings, Brt Apartments Corp generates $-2.47 in operating cash flow ($24.1M OCF vs -$9.8M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Key Financial Metrics

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Revenue

$95.6M

YoY+2.2%

5Y CAGR+28.1%

10Y CAGR+4.5%

Brt Apartments Corp generated $95.6M in revenue in fiscal year 2024. This represents an increase of 2.2% from the prior year.

EBITDA

$13.6M

YoY-4.1%

10Y CAGR+9.9%

Brt Apartments Corp's EBITDA was $13.6M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 4.1% from the prior year.

Free Cash Flow

N/A

Net Income

-$9.8M

YoY-352.8%

Brt Apartments Corp reported -$9.8M in net income in fiscal year 2024. This represents a decrease of 352.8% from the prior year.

EPS (Diluted)

$-0.52

YoY-425.0%

Brt Apartments Corp earned $-0.52 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 425.0% from the prior year.

Cash & Debt

$27.9M

YoY+18.5%

5Y CAGR+4.2%

10Y CAGR+1.9%

Brt Apartments Corp held $27.9M in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

$1.00

YoY+0.0%

5Y CAGR+3.5%

Brt Apartments Corp paid $1.00 per share in dividends in fiscal year 2024. This represents an increase of 0.0% from the prior year.

Shares Outstanding

18M

YoY+1.9%

5Y CAGR+2.7%

Brt Apartments Corp had 18M shares outstanding in fiscal year 2024. This represents an increase of 1.9% from the prior year.

Gross Margin

N/A

Operating Margin

-12.9%

YoY+2.4pp

5Y CAGR+17.3pp

10Y CAGR+6.9pp

Brt Apartments Corp's operating margin was -12.9% in fiscal year 2024, reflecting core business profitability. This is up 2.4 percentage points from the prior year.

Net Margin

-10.2%

YoY-14.4pp

5Y CAGR-13.3pp

10Y CAGR+5.1pp

Brt Apartments Corp's net profit margin was -10.2% in fiscal year 2024, showing the share of revenue converted to profit. This is down 14.4 percentage points from the prior year.

Return on Equity

N/A

R&D Spending

N/A

Share Buybacks

$3.5M

YoY-75.7%

5Y CAGR+137.8%

Brt Apartments Corp spent $3.5M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 75.7% from the prior year.

Capital Expenditures

N/A

BRT Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$95.6M+2.2%	$93.6M+32.7%	$70.5M+120.0%	$32.1M+14.1%	$28.1M+1.2%	$27.8M
Cost of Revenue	N/A	N/A	N/A	N/A	$3.6M-84.0%	$22.8M
Gross Profit	N/A	N/A	N/A	N/A	$24.5M+395.4%	$4.9M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$15.6M+1.0%	$15.4M+5.3%	$14.7M+16.1%	$12.6M+7.9%	$11.7M+16.0%	$10.1M
Operating Income	-$12.3M+13.8%	-$14.3M+4.9%	-$15.0M-49.1%	-$10.1M+25.2%	-$13.5M-60.7%	-$8.4M
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	-$226K-518.5%	$54K-93.4%	$821K+298.5%	$206K-16.9%	$248K-8.1%	$270K
Net Income	-$9.8M-352.8%	$3.9M-92.2%	$50.0M+71.6%	$29.1M+246.6%	-$19.9M-2420.3%	$856K
EPS (Diluted)	$-0.52-425.0%	$0.16-94.0%	$2.66+64.2%	$1.62+239.7%	$-1.16-2420.0%	$0.05

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Revenue	$24.4M+1.0%	$24.2M+0.4%	$24.1M+0.6%	$24.0M-1.8%	$24.4M+2.2%	$23.9M+2.0%	$23.4M-0.4%	$23.5M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$3.9M+5.2%	$3.7M-8.0%	$4.1M+6.6%	$3.8M+0.2%	$3.8M-0.1%	$3.8M-8.2%	$4.2M+18.2%	$3.5M
Operating Income	-$3.3M-13.4%	-$3.0M-8.1%	-$2.7M+20.1%	-$3.4M-20.1%	-$2.8M-3.0%	-$2.8M+15.9%	-$3.3M-47.1%	-$2.2M
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	$2K-96.7%	$60K+3.4%	$58K-18.3%	$71K+122.9%	-$310K-376.9%	-$65K-183.3%	$78K+59.2%	$49K
Net Income	-$2.7M-5.5%	-$2.6M-9.1%	-$2.4M-13.6%	-$2.1M+6.1%	-$2.2M+6.0%	-$2.3M+26.0%	-$3.2M-82.6%	-$1.7M
EPS (Diluted)	$-0.140.0%	$-0.14-16.7%	$-0.12-9.1%	$-0.11+8.3%	$-0.12+7.7%	$-0.13+23.5%	$-0.17-54.5%	$-0.11

BRT Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$713.5M+0.5%	$710.0M-3.1%	$732.6M+59.4%	$459.5M+25.6%	$365.7M-6.4%	$390.6M
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$27.9M+18.5%	$23.5M+15.9%	$20.3M-37.3%	$32.3M+62.6%	$19.9M-12.4%	$22.7M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$508.5M+5.6%	$481.5M-0.2%	$482.5M+88.1%	$256.6M+36.4%	$188.1M-1.6%	$191.1M
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$205.0M-10.3%	$228.5M-8.6%	$250.1M+23.2%	$203.0M+14.2%	$177.8M-11.0%	$199.7M
Retained Earnings	-$67.5M-73.1%	-$39.0M-62.7%	-$24.0M+56.7%	-$55.4M+18.5%	-$68.0M-107.1%	-$32.8M

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Total Assets	$714.2M+2.1%	$699.6M-0.6%	$703.9M-1.3%	$713.5M-0.6%	$717.7M+3.3%	$694.7M-0.7%	$699.5M-1.5%	$710.0M
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$21.1M-10.7%	$23.6M-3.0%	$24.4M-12.5%	$27.9M-39.2%	$45.8M+141.7%	$18.9M-10.9%	$21.3M-9.6%	$23.5M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$527.5M+3.9%	$507.5M+0.4%	$505.5M-0.6%	$508.5M+0.1%	$508.0M+5.8%	$480.0M+0.2%	$478.9M-0.5%	$481.5M
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$186.7M-2.8%	$192.1M-3.2%	$198.5M-3.2%	$205.0M-2.3%	$209.9M-2.3%	$214.7M-2.7%	$220.7M-3.4%	$228.5M
Retained Earnings	-$89.3M-9.1%	-$81.9M-9.8%	-$74.6M-10.5%	-$67.5M-11.1%	-$60.7M-12.8%	-$53.8M-15.0%	-$46.8M-20.0%	-$39.0M

BRT Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	$24.1M+23.1%	$19.6M+26.9%	$15.4M+3020.6%	-$529K+69.9%	-$1.8M-120.3%	$8.6M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$18.9M-213.4%	$16.7M+205.7%	-$15.8M+28.6%	-$22.1M-556.9%	$4.8M-78.9%	$22.9M
Financing Cash Flow	$3.6M+111.1%	-$32.2M-140.1%	-$13.4M-140.8%	$32.9M+582.3%	-$6.8M+77.9%	-$30.9M
Dividends Paid	$18.6M-1.4%	$18.9M+5.9%	$17.9M+13.3%	$15.8M+4.3%	$15.1M+12.2%	$13.5M
Share Buybacks	$3.5M-75.7%	$14.4M	$0	$0-100.0%	$616K+1239.1%	$46K

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Operating Cash Flow	$9.1M+6.8%	$8.5M+3346.3%	$246K-96.8%	$7.6M-15.5%	$9.0M+29.2%	$6.9M+962.9%	$653K-83.4%	$3.9M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$19.2M-1784.0%	-$1.0M+16.8%	-$1.2M+93.1%	-$17.6M-2774.2%	-$613K-3.5%	-$592K-613.3%	-$83K+94.0%	-$1.4M
Financing Cash Flow	$12.0M+298.1%	-$6.1M+6.2%	-$6.5M-25.8%	-$5.1M-124.1%	$21.3M+478.4%	-$5.6M+19.2%	-$7.0M+15.9%	-$8.3M
Dividends Paid	$4.7M-0.1%	$4.7M+0.7%	$4.7M+0.2%	$4.7M+0.2%	$4.7M+0.7%	$4.6M+0.5%	$4.6M-0.7%	$4.7M
Share Buybacks	$0-100.0%	$1.0M-27.4%	$1.4M+655.2%	$183K+59.1%	$115K-87.6%	$930K-59.0%	$2.3M-37.3%	$3.6M

BRT Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	N/A	N/A	N/A	N/A	87.0%+69.3pp	17.8%
Operating Margin	-12.9%+2.4pp	-15.3%+6.0pp	-21.3%+10.1pp	-31.4%+16.5pp	-47.9%-17.7pp	-30.2%
Net Margin	-10.2%-14.4pp	4.1%-66.7pp	70.8%-20.0pp	90.8%+161.5pp	-70.7%-73.8pp	3.1%
Return on Equity	N/A	1.7%-18.3pp	20.0%+5.6pp	14.3%	N/A	0.4%
Return on Assets	-1.4%-1.9pp	0.5%-6.3pp	6.8%+0.5pp	6.3%+11.8pp	-5.4%-5.7pp	0.2%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	2.48+0.4	2.11+0.2	1.93+0.7	1.26+0.2	1.06+0.1	0.96
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	-13.7%-1.5pp	-12.2%-0.9pp	-11.3%+2.9pp	-14.3%-2.6pp	-11.7%-0.1pp	-11.6%+2.5pp	-14.0%-4.5pp	-9.5%
Net Margin	-11.1%-0.5pp	-10.6%-0.8pp	-9.8%-1.1pp	-8.6%+0.4pp	-9.0%+0.8pp	-9.8%+3.7pp	-13.6%-6.2pp	-7.4%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-0.4%0.0pp	-0.4%-0.0pp	-0.3%-0.0pp	-0.3%+0.0pp	-0.3%+0.0pp	-0.3%+0.1pp	-0.4%-0.2pp	-0.2%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	2.82+0.2	2.64+0.1	2.55+0.1	2.48+0.1	2.42+0.2	2.24+0.1	2.17+0.1	2.11
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

What is Brt Apartments Corp's annual revenue?

Brt Apartments Corp (BRT) reported $95.6M in total revenue for fiscal year 2024. This represents a 2.2% 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 Brt Apartments Corp's revenue growing?

Brt Apartments Corp (BRT) revenue grew by 2.2% year-over-year, from $93.6M to $95.6M in fiscal year 2024.

Is Brt Apartments Corp profitable?

No, Brt Apartments Corp (BRT) reported a net income of -$9.8M in fiscal year 2024, with a net profit margin of -10.2%.

What is Brt Apartments Corp's earnings per share (EPS)?

Brt Apartments Corp (BRT) reported diluted earnings per share of $-0.52 for fiscal year 2024. This represents a -425.0% 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.

What is Brt Apartments Corp's EBITDA?

Brt Apartments Corp (BRT) had EBITDA of $13.6M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

What is Brt Apartments Corp's operating margin?

Brt Apartments Corp (BRT) had an operating margin of -12.9% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

What is Brt Apartments Corp's net profit margin?

Brt Apartments Corp (BRT) had a net profit margin of -10.2% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

Does Brt Apartments Corp pay dividends?

Yes, Brt Apartments Corp (BRT) paid $1.00 per share in dividends during fiscal year 2024.

What is Brt Apartments Corp's operating cash flow?

Brt Apartments Corp (BRT) generated $24.1M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Brt Apartments Corp's total assets?

Brt Apartments Corp (BRT) had $713.5M in total assets as of fiscal year 2024, including both current and long-term assets.

Does Brt Apartments Corp buy back shares?

Yes, Brt Apartments Corp (BRT) spent $3.5M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.

How many shares does Brt Apartments Corp have outstanding?

Brt Apartments Corp (BRT) had 18M shares outstanding as of fiscal year 2024.

What is Brt Apartments Corp's debt-to-equity ratio?

Brt Apartments Corp (BRT) had a debt-to-equity ratio of 2.48 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Brt Apartments Corp's return on assets (ROA)?

Brt Apartments Corp (BRT) had a return on assets of -1.4% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Brt Apartments Corp's Piotroski F-Score?

Brt Apartments Corp (BRT) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Brt Apartments Corp's earnings high quality?

Brt Apartments Corp (BRT) has an earnings quality ratio of -2.47x, considered mixed 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.