What is Alpine Income Property Trust, Inc's earnings per share (EPS)?

Alpine Income Property Trust, Inc (PINE) reported diluted earnings per share of -$0.22 for fiscal year 2025. This represents a -257.1% 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.

Alpine Income Property Trust, Inc (PINE) Financials

PINE

Trailing 12 months to September 30, 2026

Revenue $75.8M +31.9% YoY

Net Income $12.5M n/m YoY

EPS (Diluted) $0.47 n/m YoY

Free Cash Flow -$210.3M n/m YoY

Market Cap $333.8M as of Oct 22, 2026

Price / Sales 4.4x on $75.8M revenue, trailing 12 months to September 30, 2026

Price / Earnings 26.6x on $12.5M net income, trailing 12 months to September 30, 2026

Price / Book 1.0x on $347.4M equity, Q3 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 22, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q3 FY2026, ended Sep 30, 2026 Reported Oct 22, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q3 FY2026, filed Oct 22, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the PINE SEC filings page.

Alpine Income Property Trust, Inc (PINE) reported $75.8M in revenue over the twelve months to Sep 30, 2026, up 31.9% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 8 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 PINE FY2025 2026-10-22

The portfolio is expanding through heavier borrowing and reinvestment, while rising interest costs push reported earnings below operating cash generation.

Operating cash flow remained positive at $25.8M even as reported net income became a net loss of $2.7M, indicating depreciation and other non-cash charges outweigh accounting losses. That cash did not fund reinvestment: capital expenditures of $244.5M produced free cash flow of -$218.7M, leaving the investment program reliant on external financing rather than internally generated cash.

Assets grew 18.3%, but liabilities grew 26.2% in FY2025, indicating expansion leaned more heavily on creditors. Debt-to-equity rose to 1.3x from 1.2x, reinforcing a more leveraged financing posture.

Gross margin reached 86.0% while operating margin fell to 21.7%, so the deterioration occurred below the property-level revenue and cost spread. That compression coincided with interest expense rising 35.5%, a financing burden that helps explain the FY2025 net loss.

Financial Health Signals

Financial Health Score 42/100

Scored as: REITs peer group

Scored against REITs for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. 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 Alpine Income Property Trust, Inc'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

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. Alpine Income Property Trust, Inc scores 86/100 on it among other REITs.

FFO Growth

FFO Growth follows the three-year path of funds from operations, which is net income with property depreciation added back. Alpine Income Property Trust, Inc scores 36/100 on it among other REITs.

Leverage

Alpine Income Property Trust, Inc's net debt of $373.1M, being $377.7M of long-term debt less $4.6M of cash, came to 9.21 times its EBITDA in fiscal year 2025. REITs are ranked here on that debt against their EBITDA, where a lower multiple is the safer one, and Alpine Income Property Trust, Inc scores 20/100 among other REITs.

Interest Cov.

Alpine Income Property Trust, Inc's operating income of $13.1M covered its interest expense of $16.3M 0.81 times over in fiscal year 2025. The interest coverage axis ranks REITs on operating income against interest owed, and Alpine Income Property Trust, Inc scores 40/100 among other REITs.

AFFO Margin

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. Alpine Income Property Trust, Inc scores 2/100 on it among other REITs.

Dividend Cov.

Dividend coverage measures funds from operations against the dividends actually paid, and a figure above 1 means the payout came out of operations. Alpine Income Property Trust, Inc scores 65/100 on it among other REITs.

Piotroski F-Score Partial

3/8

Alpine Income Property Trust, Inc passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 operating efficiency signals passes.

Earnings Quality Mixed

N/A

Alpine Income Property Trust, Inc reported a net loss of $2.7M while generating $25.8M 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

0.81x

Alpine Income Property Trust, Inc earns $0.81 in operating income for every $1 of interest expense ($13.1M vs $16.3M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

$20.5M

YoY+40.5%

QoQ+2.3%

5Y CAGR+20.2%

Alpine Income Property Trust, Inc generated $20.5M in revenue in Q3 2026. This represents an increase of 40.5% from the same quarter a year earlier. Against the prior quarter it is up 2.3%.

EBITDA

$16.7M

YoY+85.3%

QoQ+7.7%

5Y CAGR+21.0%

Alpine Income Property Trust, Inc's EBITDA was $16.7M in Q3 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 85.3% from the same quarter a year earlier. Against the prior quarter it is up 7.7%.

Net Income

$4.7M

YoYn/m

QoQ+11.9%

5Y CAGR+38.6%

Alpine Income Property Trust, Inc reported $4.7M in net income in Q3 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. Against the prior quarter it is up 11.9%.

EPS (Diluted)

$0.18

QoQ+12.5%

Alpine Income Property Trust, Inc earned $0.18 per diluted share (EPS) in Q3 2026. Against the prior quarter it is up 12.5%.

Cash & Balance Sheet

Free Cash Flow

$1.8M

YoYn/m

QoQn/m

Alpine Income Property Trust, Inc generated $1.8M in free cash flow in Q3 2026, representing cash available after capex. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.

Cash & Debt

$11.7M

YoY+890.9%

QoQ+322.0%

5Y CAGR+11.8%

Alpine Income Property Trust, Inc held $11.7M in cash against $396.7M in long-term debt as of Q3 2026.

Dividends Per Share

$0.32

QoQ+6.7%

Alpine Income Property Trust, Inc paid $0.32 per share in dividends in Q3 2026. Against the prior quarter it is up 6.7%.

Shares Outstanding

18M

QoQ+1.8%

Alpine Income Property Trust, Inc had 18M shares outstanding in Q3 2026. Against the prior quarter it is up 1.8%.

Margins & Returns

Gross Margin

89.8%

YoY+2.7pp

Alpine Income Property Trust, Inc's gross margin was 89.8% in Q3 2026, indicating the percentage of revenue retained after direct costs. This is up 2.7 percentage points from the same quarter a year earlier.

Operating Margin

48.0%

YoY+31.4pp

QoQ+4.5pp

5Y change+22.0pp

Alpine Income Property Trust, Inc's operating margin was 48.0% in Q3 2026, reflecting core business profitability. This is up 31.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 4.5 percentage points.

Net Margin

22.9%

YoY+31.9pp

QoQ+2.0pp

5Y change+11.7pp

Alpine Income Property Trust, Inc's net profit margin was 22.9% in Q3 2026, showing the share of revenue converted to profit. This is up 31.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.0 percentage points.

Return on Equity

1.4%

YoY+1.9pp

QoQ+0.1pp

5Y change+0.9pp

Alpine Income Property Trust, Inc's quarterly ROE was 1.4% in Q3 2026: one quarter's net income over shareholder equity, not annualized. This is up 1.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.1 percentage points.

Capital Allocation

Capital Expenditures

$200K

YoY-99.7%

QoQ-99.6%

Alpine Income Property Trust, Inc invested $200K in capex in Q3 2026, funding long-term assets and infrastructure. This represents a decrease of 99.7% from the same quarter a year earlier. Against the prior quarter it is down 99.6%.

R&D Spending

Not reported for Q3 2026.

Share Buybacks

Not reported for Q3 2026.

PINE 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.

PINE quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K
Revenue	$75.8M	$60.5M+15.9%	$52.2M+14.4%	$45.6M+1.0%	$45.2M+50.0%	$30.1M+56.5%	$19.2M+62.6%	$11.8M+1.0%	$11.7M
Gross Profit	N/A	$52.1M+18.4%	$44.0M+12.7%	$39.0M-1.8%	$39.8M	N/A	N/A	N/A	N/A
SG&A Expenses	$7.5M	$6.7M+2.0%	$6.6M+4.3%	$6.3M+8.9%	$5.8M+15.1%	$5.0M+7.9%	$4.7M+176.9%	$1.7M+42.1%	$1.2M
Operating Income	$31.1M	$13.1M-6.3%	$14.0M+6.6%	$13.1M-69.8%	$43.5M+186.8%	$15.2M+480.9%	$2.6M-28.1%	$3.6M-9.6%	$4.0M
EBITDA	N/A	$40.5M+2.3%	$39.6M+1.8%	$38.9M-42.0%	$67.0M+115.6%	$31.1M+147.6%	$12.6M+47.9%	$8.5M-4.8%	$8.9M
Interest Expense	$18.2M	$16.3M+35.5%	$12.0M+18.1%	$10.2M+6.6%	$9.5M+157.7%	$3.7M+152.9%	$1.5M	N/A	N/A
Net Income	$12.5M	-$2.7M-228.6%	$2.1M-29.2%	$2.9M-90.2%	$29.7M+198.3%	$10.0M+911.6%	$985K-72.9%	$3.6M-9.6%	$4.0M
EPS (Basic)	N/A	-$0.22-246.7%	$0.15-28.6%	$0.21-91.5%	$2.48+143.1%	$1.02+684.6%	$0.13	N/A	N/A
EPS (Diluted)	$0.47	-$0.22-257.1%	$0.14-26.3%	$0.19-91.2%	$2.17+143.8%	$0.89+709.1%	$0.11	N/A	N/A
Diluted Shares (Avg)	N/A	16M+3.1%	15M-3.1%	16M+13.8%	14M+21.6%	11M+27.6%	9M	N/A	N/A

Metric	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K
Revenue	$20.5M+40.5%	$20.0M+34.6%	$18.4M+29.6%	$16.9M+22.5%	$14.6M+8.0%	$14.9M+19.0%	$14.2M+14.0%	$13.8M+19.1%
Cost of Revenue	$2.1M+10.8%	N/A	N/A	N/A	$1.9M	N/A	N/A	N/A
Gross Profit	$18.4M+44.9%	N/A	N/A	N/A	$12.7M	N/A	N/A	N/A
SG&A Expenses	$2.0M+18.5%	$2.0M+19.5%	$1.9M+8.3%	$1.6M+0.8%	$1.7M-8.0%	$1.7M+5.9%	$1.7M+11.3%	$1.6M+7.4%
Operating Income	$9.8M+306.1%	$8.7M+249.5%	$6.6M+191.7%	$6.0M+201.7%	$2.4M-62.6%	$2.5M-16.9%	$2.3M-12.2%	$2.0M-33.7%
EBITDA	$16.7M+85.3%	$15.5M+68.7%	$13.8M+44.5%	$12.7M+49.9%	$9.0M-29.6%	$9.2M-1.6%	$9.6M+6.8%	$8.5M-10.1%
Interest Expense	$4.8M+23.5%	$4.6M+6.0%	$4.4M+21.2%	$4.4M+44.5%	$3.9M+23.5%	$4.3M+52.6%	$3.6M+22.4%	$3.1M+15.1%
Net Income	$4.7Mn/m	$4.2Mn/m	$2.2Mn/m	$1.5Mn/m	-$1.3M-142.5%	-$1.6M-904.4%	-$1.2Mn/m	-$958K-386.0%
EPS (Basic)	$0.19	$0.18	$0.07	$0.07n/m	-$0.09-140.9%	-$0.12-1300.0%	-$0.08n/m	-$0.07-333.3%
EPS (Diluted)	$0.18	$0.16	$0.06	$0.07n/m	-$0.09-142.9%	-$0.12-1300.0%	-$0.08n/m	-$0.06-300.0%
Diluted Shares (Avg)	19M	18M	17M	N/A	15M+2.8%	15M+3.9%	16M+6.8%	N/A

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

PINE Balance Sheet

PINE quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K
Total Assets	$715.9M+18.3%	$605.0M+7.2%	$564.6M-1.5%	$573.4M+13.4%	$505.5M+92.8%	$262.2M+59.7%	$164.2M	N/A
Cash & Equivalents	$4.6M+190.8%	$1.6M-60.7%	$4.0M-55.4%	$9.0M+1.9%	$8.9M+367.3%	$1.9M-84.7%	$12.3M+154175.0%	$8K
Total Liabilities	$414.6M+26.2%	$328.5M+13.7%	$288.9M+3.9%	$278.1M+0.2%	$277.6M+145.4%	$113.1M+3162.6%	$3.5M	N/A
Long-Term Debt	$377.7M+25.3%	$301.5M+9.4%	$275.7M+3.2%	$267.1M-0.2%	$267.7M+150.7%	$106.8M	N/A	N/A
Total Equity	$279.9M+10.6%	$253.0M+0.9%	$250.7M-4.2%	$261.6M+33.1%	$196.5M+55.0%	$126.8M-7.8%	$137.5M	N/A
Retained Earnings	-$35.3Mn/m	-$15.7Mn/m	-$2.4M-123.5%	$10.0Mn/m	-$6.4Mn/m	-$5.7Mn/m	-$498K	N/A

Metric	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K
Total Assets	$821.1M+32.1%	$781.5M+24.4%	$745.1M+15.1%	$715.9M+18.3%	$621.4M+7.3%	$628.4M+11.1%	$647.4M+15.8%	$605.0M+7.2%
Cash & Equivalents	$11.7M+890.9%	$2.8M-44.4%	$2.6M-57.3%	$4.6M+190.8%	$1.2M-53.8%	$5.0M+53.4%	$6.1M+19.3%	$1.6M-60.7%
Total Liabilities	$452.2M+20.2%	$423.0M+12.4%	$411.5M+7.3%	$414.6M+26.2%	$376.2M+22.5%	$376.4M+26.5%	$383.6M+34.1%	$328.5M+13.7%
Long-Term Debt	$396.7M+10.8%	$367.6M+4.2%	$359.4M+0.8%	$377.7M+25.3%	$358.2M+28.4%	$352.6M+31.4%	$356.5M+30.9%	$301.5M+9.4%
Total Equity	$347.4M+55.4%	$337.3M+46.7%	$312.5M+29.7%	$279.9M+10.6%	$223.5M-10.0%	$229.8M-5.8%	$240.9M-2.9%	$253.0M+0.9%
Retained Earnings	-$43.7Mn/m	-$41.4Mn/m	-$39.1Mn/m	-$35.3Mn/m	-$32.1Mn/m	-$26.7Mn/m	-$21.0Mn/m	-$15.7Mn/m

Not reported in any period shown, so not listed: Current Assets, Short-Term Investments, Inventory, Accounts Receivable, Long-Term Investments, Goodwill, Current Liabilities, Non-Current Liabilities.

PINE Cash Flow Statement

PINE quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K
Operating Cash Flow	$17.9M	$25.8M+9.9%	$23.4M+1.1%	$23.2M-6.0%	$24.7M+43.3%	$17.2M+83.1%	$9.4M+24.5%	$7.5M+34.2%	$5.6M
Depreciation & Amortization	N/A	$27.4M+7.0%	$25.6M-0.6%	$25.8M+9.3%	$23.6M+47.8%	$15.9M+60.2%	$9.9M+104.8%	$4.9M-0.9%	$4.9M
Stock-Based Compensation	N/A	$380K+53.8%	$247K-22.3%	$318K+2.6%	$310K+0.3%	$309K+15.3%	$268K-47.3%	$509K+119.4%	$232K
Capital Expenditures	$114.3M	$244.5M+84.7%	$132.4M+10.4%	$119.9M-36.6%	$189.1M-15.3%	$223.4M	N/A	N/A	N/A
Free Cash Flow	-$210.3M	-$218.7Mn/m	-$109.0Mn/m	-$96.7Mn/m	-$164.5Mn/m	-$206.2M	N/A	N/A	N/A
Investing Cash Flow	-$133.7M	-$103.9Mn/m	-$55.7Mn/m	-$11.1Mn/m	-$38.8Mn/m	-$196.0Mn/m	-$113.9Mn/m	-$27.0Mn/m	-$5.2M
Financing Cash Flow	$140.0M	$109.2M+312.6%	$26.5Mn/m	-$11.4M-164.4%	$17.7M-90.5%	$186.4M+98.2%	$94.0M+383.5%	$19.4Mn/m	-$438K
Dividends Paid	$21.5M	$17.7M+5.7%	$16.8M-1.6%	$17.1M+12.9%	$15.1M+24.3%	$12.2M+68.9%	$7.2M	N/A	N/A
Share Buybacks	N/A	$8.8M+1035.2%	$775K-94.7%	$14.6M	N/A	N/A	$5.0M	N/A	N/A

Metric	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K
Operating Cash Flow	$2.0M-67.7%	$6.2M-25.7%	$4.4M-25.2%	$5.3M+119.8%	$6.2M0.0%	$8.4M+4.5%	$5.8M-13.8%	$2.4M-45.3%
Depreciation & Amortization	$6.9M+4.3%	$6.8M+1.5%	$7.2M-1.3%	$6.8M+3.9%	$6.6M+4.1%	$6.7M+5.6%	$7.3M+14.5%	$6.5M+0.7%
Stock-Based Compensation	N/A	N/A	$95K0.0%	N/A	N/A	N/A	$95K+20.3%	N/A
Capital Expenditures	$200K-99.7%	-$56.9M+371.8%	$57.5M-6.3%	$113.5M+99.7%	$57.5M+16.7%	$12.1M-43.9%	$61.4M+1196.1%	$56.9M+79.8%
Free Cash Flow	$1.8Mn/m	-$50.7Mn/m	-$53.2Mn/m	-$108.2Mn/m	-$51.3Mn/m	-$3.7Mn/m	-$55.5M-2842.9%	-$54.4Mn/m
Investing Cash Flow	-$26.8Mn/m	-$33.7M-788.0%	-$25.3Mn/m	-$47.9Mn/m	-$12.8Mn/m	$4.9Mn/m	-$48.1Mn/m	-$48.1Mn/m
Financing Cash Flow	$29.6M+2555.3%	$26.5Mn/m	$9.0M-80.4%	$74.9M+192.4%	$1.1M-93.6%	-$12.7Mn/m	$45.9Mn/m	$25.6M+102.7%
Dividends Paid	$6.1M+39.7%	$5.6M+28.9%	$5.3M+17.4%	$4.5M+0.5%	$4.4M+5.3%	$4.4M+7.3%	$4.5M+10.1%	$4.5M+8.5%
Share Buybacks	N/A	N/A	N/A	$0n/m	$0n/m	$4.3Mn/m	$4.5M+478.3%	$0-100.0%

PINE 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.

PINE quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K
Gross Margin	86.0%+1.8pp	84.2%-1.3pp	85.5%-2.5pp	88.0%	N/A	N/A	N/A	N/A
Operating Margin	21.7%-5.1pp	26.8%-2.0pp	28.8%-67.4pp	96.2%+45.9pp	50.3%+36.8pp	13.6%-17.1pp	30.7%-3.6pp	34.3%
Net Margin	-4.4%-8.3pp	4.0%-2.4pp	6.4%-59.4pp	65.8%+32.7pp	33.1%+27.9pp	5.1%-25.6pp	30.7%-3.6pp	34.3%
Return on Equity	-0.9%-1.8pp	0.8%-0.3pp	1.2%-10.2pp	11.4%+6.3pp	5.1%+4.3pp	0.8%-1.9pp	2.6%	N/A
Return on Assets	-0.4%-0.7pp	0.3%-0.2pp	0.5%-4.7pp	5.2%+3.2pp	2.0%+1.6pp	0.4%-1.8pp	2.2%	N/A
Debt-to-Equity	1.35+0.2x	1.19+0.1x	1.10+0.1x	1.02-0.3x	1.36+0.5x	0.84	N/A	N/A
Liabilities-to-Equity	1.48+0.2x	1.30+0.1x	1.15+0.1x	1.06-0.3x	1.41+0.5x	0.89+0.9x	0.03	N/A
Asset Turnover	0.080.0x	0.090.0x	0.080.0x	0.080.0x	0.060.0x	0.070.0x	0.07	N/A
FCF Margin	-361.3%	-208.6%	-211.9%	-364.0%	-684.5%	N/A	N/A	N/A

Metric	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K
Gross Margin	89.8%+2.7pp	N/A	N/A	N/A	87.0%	N/A	N/A	N/A
Operating Margin	48.0%+31.4pp	43.5%+26.8pp	36.0%+20.0pp	35.3%+20.9pp	16.6%-31.3pp	16.8%-7.2pp	16.0%-4.7pp	14.3%-11.4pp
Net Margin	22.9%+31.9pp	20.9%+32.0pp	11.9%+20.2pp	8.7%+15.7pp	-9.0%-31.9pp	-11.0%-12.7pp	-8.3%-6.2pp	-7.0%-9.8pp
Return on Equity	1.4%+1.9pp	1.2%+1.9pp	0.7%+1.2pp	0.5%+0.9pp	-0.6%-1.8pp	-0.7%-0.8pp	-0.5%-0.4pp	-0.4%-0.5pp
Return on Assets	0.6%+0.8pp	0.5%+0.8pp	0.3%+0.5pp	0.2%+0.4pp	-0.2%-0.7pp	-0.3%-0.3pp	-0.2%-0.1pp	-0.2%-0.2pp
Debt-to-Equity	1.14-0.5x	1.09-0.4x	1.15-0.3x	1.35+0.2x	1.60+0.5x	1.53+0.4x	1.48+0.4x	1.19+0.1x
Liabilities-to-Equity	1.30-0.4x	1.25-0.4x	1.32-0.3x	1.48+0.2x	1.68+0.4x	1.64+0.4x	1.59+0.4x	1.30+0.1x
Asset Turnover	0.020.0x	0.030.0x	0.020.0x	0.020.0x	0.020.0x	0.020.0x	0.020.0x	0.020.0x
FCF Margin	8.8%	-253.4%	-288.9%	-640.3%	-352.1%	-24.7%	-391.0%	-394.8%

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

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: FCF 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
Alpine Income Property Trust, Inc PINE	FY2025	$60.5M	-$2.7M	-4.4%	$333.8M	42/100
SITE Centers Corp. SITC	FY2025	$123.6M	$177.9M	N/A	$194.7M	10/100
Saul Centers, Inc. BFS	FY2025	$289.8M	$37.5M	12.9%	$712.6M	61/100
Getty Realty Corp. GTY	FY2025	$221.7M	$79.2M	35.7%	$1.7B	68/100
CBL & Associates Properties, Inc. CBL	FY2025	$578.4M	$136.0M	23.5%	$1.5B	80/100

Where Alpine Income Property Trust, Inc Ranks

Frequently Asked Questions

What is Alpine Income Property Trust, Inc's annual revenue?

Alpine Income Property Trust, Inc (PINE) reported $60.5M in total revenue for fiscal year 2025. This represents a 15.9% 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 Alpine Income Property Trust, Inc's revenue growing?

Alpine Income Property Trust, Inc (PINE) revenue grew by 15.9% year-over-year, from $52.2M to $60.5M in fiscal year 2025.

Is Alpine Income Property Trust, Inc profitable?

Yes, Alpine Income Property Trust, Inc (PINE) reported a net income of $12.5M over the trailing 12 months to September 30, 2026. In fiscal year 2025 it reported a net loss of $2.7M, with a net profit margin of -4.4%.

What is Alpine Income Property Trust, Inc's EBITDA?

Alpine Income Property Trust, Inc (PINE) had EBITDA of $40.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Alpine Income Property Trust, Inc have?

As of fiscal year 2025, Alpine Income Property Trust, Inc (PINE) had $4.6M in cash and equivalents against $377.7M in long-term debt.

What is Alpine Income Property Trust, Inc's gross margin?

Alpine Income Property Trust, Inc (PINE) had a gross margin of 86.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Alpine Income Property Trust, Inc's operating margin?

Alpine Income Property Trust, Inc (PINE) had an operating margin of 21.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Alpine Income Property Trust, Inc's net profit margin?

Alpine Income Property Trust, Inc (PINE) had a net profit margin of -4.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Alpine Income Property Trust, Inc pay dividends?

Yes, Alpine Income Property Trust, Inc (PINE) paid $1.14 per share in dividends during fiscal year 2025.

What is Alpine Income Property Trust, Inc's return on equity (ROE)?

Alpine Income Property Trust, Inc (PINE) has a return on equity of -0.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Alpine Income Property Trust, Inc's free cash flow?

Alpine Income Property Trust, Inc (PINE) recorded an outflow of $218.7M in free cash flow during fiscal year 2025. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. 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 Alpine Income Property Trust, Inc's operating cash flow?

Alpine Income Property Trust, Inc (PINE) generated $25.8M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Alpine Income Property Trust, Inc's total assets?

Alpine Income Property Trust, Inc (PINE) had $715.9M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Alpine Income Property Trust, Inc's capital expenditures?

Alpine Income Property Trust, Inc (PINE) invested $244.5M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does Alpine Income Property Trust, Inc buy back shares?

Yes, Alpine Income Property Trust, Inc (PINE) spent $8.8M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Alpine Income Property Trust, Inc have outstanding?

Alpine Income Property Trust, Inc (PINE) had 15M shares outstanding as of fiscal year 2025.

What is Alpine Income Property Trust, Inc's debt-to-equity ratio?

Alpine Income Property Trust, Inc (PINE) had a debt-to-equity ratio of 1.35 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.

What is Alpine Income Property Trust, Inc's liabilities-to-equity ratio?

Alpine Income Property Trust, Inc (PINE) had a liabilities-to-equity ratio of 1.48 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.

What is Alpine Income Property Trust, Inc's return on assets (ROA)?

Alpine Income Property Trust, Inc (PINE) had a return on assets of -0.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Alpine Income Property Trust, Inc's P/E ratio?

Alpine Income Property Trust, Inc (PINE) trades at 26.6x earnings, its market capitalization divided by $12.5M net income, trailing 12 months to September 30, 2026. The market capitalization is $333.8M as of Oct 22, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Alpine Income Property Trust, Inc's price-to-sales ratio?

Alpine Income Property Trust, Inc (PINE) trades at 4.4x sales, its market capitalization divided by $75.8M revenue, trailing 12 months to September 30, 2026. The market capitalization is $333.8M as of Oct 22, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Alpine Income Property Trust, Inc's Piotroski F-Score?

Alpine Income Property Trust, Inc (PINE) has a Piotroski F-Score of 3 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 Alpine Income Property Trust, Inc's earnings high quality?

Alpine Income Property Trust, Inc (PINE) reported a net loss of $2.7M while generating $25.8M 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 Alpine Income Property Trust, Inc cover its interest payments?

Alpine Income Property Trust, Inc (PINE) has an interest coverage ratio of 0.81x, meaning it can struggle to cover its interest obligations. 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.

How financially healthy is Alpine Income Property Trust, Inc?

Alpine Income Property Trust, Inc (PINE) scores 42 out of 100 on our Financial Health Score, indicating moderate standing within its REITs peer group. The score is the average 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.