One Liberty Properties Reports Fourth Quarter and Full Year 2025 Results
Rhea-AI Summary
One Liberty Properties (NYSE: OLP) reported 2025 results and transaction activity, highlighting its shift to industrial assets and capital recycling.
Key 2025 metrics: FFO $1.80/sh, AFFO $1.91/sh, net income $25.5M, portfolio occupancy 98.5%, and ~82% of annual base rent from industrial properties after acquisitions.
Positive
- Acquisitions totaling $245.5M (13 in 2025 for $188.8M plus 10 post-year-end for $56.7M)
- Portfolio 98.5% occupancy at year end
- 82% of ABR generated by industrial properties after recent acquisitions
- Recorded $18.7M gain on sales of ten properties in 2025
- FFO per share $1.80 and AFFO per share $1.91 for full year 2025
Negative
- Net income declined 16.3% YoY to $25.5M in 2025
- Total debt of $517.3M versus equity of $299.6M (noted leverage level)
- Interest expense increased by $3.3M year-over-year in 2025
- Non-cash impairment charges increased ~$3.5M related to two properties
Key Figures
Market Reality Check
Peers on Argus
OLP was up 0.89% pre-news. Peers were mixed, with CTO, GOOD and AHH up between 0.61% and 1.96%, while SAFE and GNL declined slightly. This points to a stock-specific rather than broad sector move.
Previous Earnings Reports
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Nov 06 | Q3 2025 earnings | Positive | +2.7% | Strong YoY net income growth and continued industrial mix expansion. |
| Aug 05 | Q2 2025 earnings | Positive | -0.3% | Solid rental and FFO growth amid industrial acquisition and retail sales. |
| May 06 | Q1 2025 earnings | Positive | -4.0% | Rental growth and industrial deals despite lower net income versus prior year. |
| Mar 05 | FY 2024 earnings | Positive | +2.1% | Industrial expansion with improved full-year net income and FFO. |
| Nov 05 | Q3 2024 earnings | Positive | +4.7% | Higher net income aided by gains on sales and industrial growth. |
Earnings releases have more often seen positive than negative next-day moves, with 3 of the last 5 reports trading higher within 24 hours.
Over the past year, OLP’s earnings reports have highlighted a steady pivot toward industrial assets, with industrial base rent rising from about 70% to ~80% and now 82%. Rental income and FFO generally trended higher, while net income sometimes fluctuated with gains on sales. Liquidity remained solid across periods, supported by recurring acquisitions and non-core asset sales. Today’s Q4 and full-year 2025 results extend this pattern: modest per-share FFO/AFFO growth, high 98.5% occupancy, and continued industrial-focused capital recycling.
Historical Comparison
In the past year, OLP issued 5 earnings updates, with an average 1-day move of 1.05%, often responding positively to industrial-focused growth.
Earnings releases show a progression from ~70% to 82% of base rent from industrial assets, with steady FFO/AFFO support and ongoing non-core retail dispositions.
Market Pulse Summary
This announcement details OLP’s Q4 and full-year 2025 results, highlighting continued transformation into an industrial-focused REIT, with 82% of base rent from industrial assets and portfolio occupancy of 98.5%. FFO and AFFO per share were stable to slightly higher at $1.80 and $1.91, respectively, while net income softened versus 2024 and impairment and interest costs rose. Investors may track future industrial acquisitions, non-core asset sales, and trends in FFO/AFFO and occupancy in upcoming periods.
Key Terms
ffo financial
affo financial
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nareit financial
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impairment charge financial
credit facility financial
form 10-k regulatory
AI-generated analysis. Not financial advice.
– Approximately
– Acquires 23 Industrial Properties for
– Completes Sale of 12 Non-Core Assets for
GREAT NECK, N.Y., March 05, 2026 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE: OLP), a real estate investment trust focused on the ownership of industrial properties, today announced operating results for the quarter and year ended December 31, 2025.
“We have successfully transformed One Liberty into a predominantly industrial-focused platform, comprising
Recent Events, Fourth Quarter and Full Year 2025 Highlights:
- Net income of
$0.10 per diluted share in the fourth quarter and$1.15 per diluted share for 2025. - FFO1 of
$0.50 per diluted share in the fourth quarter and$1.80 per diluted share for 2025. - AFFO of
$0.48 per diluted share in the fourth quarter and$1.91 per diluted share for 2025. - Extended or renewed leases for 116,000 square feet in the fourth quarter and 888,000 square feet for 2025.
- Portfolio occupancy of
98.5% as of year end. - Acquired 13 industrial properties for
$188.8 million in 2025. - In 2025, sold 10 wholly owned properties for
$58.9 million of net proceeds and an$18.7 million gain, and two properties owned by unconsolidated JVs for$2.4 million of net proceeds and a$991,000 gain. - In 2025 and early 2026, entered into contracts to sell a vacant retail property for
$6.0 million and a retail property for$4.2 million , respectively. - Subsequent to year end, acquired ten industrial properties for
$56.7 million and entered into a contract to acquire an additional 14 acres of land adjacent to one of such properties for$800,000. - Approximately
82% of portfolio annual base rent, or ABR, generated by industrial properties, including acquisitions closed subsequent to year end.
_________________
1 A reconciliation of GAAP amounts to non-GAAP amounts (i.e., FFO and AFFO) is presented with the financial information included in this release.
Key Drivers of Fourth Quarter Results:
Rental income increased by
Total operating expenses increased by
During the quarter, the Company recognized
The improvement in FFO is due primarily to litigation settlement income and an increase in rental income, offset by higher interest expense. The change in AFFO is due primarily to the same factors, excluding the litigation settlement income.
Diluted per share net income, FFO and AFFO were impacted in the quarter ended December 31, 2025 compared to the corresponding quarter in the prior year by an average increase of approximately 150,000 in the weighted average number of shares of common stock outstanding as a result of stock issuances in connection with the non-cash equity incentive and dividend reinvestment programs.
| Fourth Quarter Results | Three Months Ended | ||||||||
| December 31, | |||||||||
| Key Metrics | 2025 | 2024 | % Change | ||||||
| (Amounts in thousands, Except Per Share Data) | |||||||||
| Net income attributable to OLP | $ | 2,410 | $ | 10,532 | (77.1 | )% | |||
| Net income / share attributable to common stockholders - diluted | $ | 0.10 | $ | 0.49 | (79.6 | )% | |||
| FFO | $ | 10,847 | $ | 10,029 | 8.2 | % | |||
| FFO / share - diluted | $ | 0.50 | $ | 0.46 | 8.7 | % | |||
| AFFO | $ | 10,354 | $ | 10,819 | (4.3 | )% | |||
| AFFO / share - diluted | $ | 0.48 | $ | 0.50 | (4.0 | )% | |||
Key Drivers of 2025 Results:
Rental income increased by
Total operating expenses increased by
During the year, the Company recognized an
The improvement in FFO is due primarily to increases in rental income and litigation settlement income, offset by higher interest expense and real estate expenses. The increase in AFFO is due to the same factors, excluding the litigation settlement income and non-cash equity compensation awards.
Diluted per share net income, FFO and AFFO were impacted in 2025 compared to 2024 by an average increase of approximately 204,000 in the weighted average number of shares of common stock outstanding as a result of stock issuances in connection with the non-cash equity incentive and dividend reinvestment programs.
| Full Year 2025 Results | Year Ended | ||||||||
| December 31, | |||||||||
| Key Metrics | 2025 | 2024 | % Change | ||||||
| (Amounts in thousands, Except Per Share Data) | |||||||||
| Net income attributable to OLP | $ | 25,474 | $ | 30,417 | (16.3 | )% | |||
| Net income / share attributable to common stockholders - diluted | $ | 1.15 | $ | 1.40 | (17.9 | )% | |||
| FFO | $ | 39,171 | $ | 38,027 | 3.0 | % | |||
| FFO / share - diluted | $ | 1.80 | $ | 1.77 | 1.7 | % | |||
| AFFO | $ | 41,556 | $ | 41,157 | 1.0 | % | |||
| AFFO / share - diluted | $ | 1.91 | $ | 1.91 | - | ||||
Balance Sheet:
At December 31, 2025, the Company had
At February 27, 2026, One Liberty’s available liquidity was
2025 Transaction Activity:
The Company acquired 13 industrial properties for
The Company sold ten properties (seven retail, a restaurant, a veterinary hospital and a property ground leased to a multi-unit apartment complex owner/operator) for aggregate net sales proceeds of
The Company sold two joint venture properties; its
The Company entered into a contract in October 2025, to sell a vacant retail property located in Cary, North Carolina for
Subsequent Events:
The Company completed, in January 2026, the purchase of ten industrial properties totaling 637,633 square feet located in seven markets and leased to six tenants (each of which has a global or national presence) for
The Company entered into a contract in January 2026, to sell a retail property located in Newport News, Virginia for
Non-GAAP Financial Measures:
One Liberty computes FFO in accordance with the “White Paper on Funds from Operations” issued by the National Association of Real Estate Investment Trusts (“NAREIT”) and NAREIT’s related guidance. FFO is defined in the White Paper as net income (calculated in accordance with generally accepted accounting principles), excluding depreciation and amortization related to real estate, gains and losses from the sale of certain real estate assets, gains and losses from change in control, impairment write-downs of certain real estate assets and investments in entities where the impairment is directly attributable to decreases in the value of depreciable real estate held by the entity. Adjustments for unconsolidated partnerships and joint ventures are calculated to reflect FFO on the same basis. In computing FFO, management does not add back to net income the amortization of costs in connection with its financing activities or depreciation of non-real estate assets.
One Liberty computes adjusted funds from operations, or AFFO, by adjusting from FFO for its straight-line rent accruals and amortization of lease intangibles, deducting from income additional rent from ground lease tenant, income on settlement of litigation, income on insurance recoveries from casualties, lease termination and assignment fees, and adding back amortization of restricted stock and restricted stock unit compensation expense, amortization of costs in connection with its financing activities (including its share of its unconsolidated joint ventures), debt prepayment costs and amortization of lease incentives and mortgage intangible assets. Since the NAREIT White Paper does not provide guidelines for computing AFFO, the computation of AFFO may vary from one REIT to another.
One Liberty believes that FFO and AFFO are useful and standard supplemental measures of the operating performance for equity REITs and are used frequently by securities analysts, investors and other interested parties in evaluating equity REITs, many of which present FFO and AFFO when reporting their operating results. FFO and AFFO are intended to exclude GAAP historical cost depreciation and amortization of real estate assets, which assumes that the value of real estate assets diminish predictability over time. In fact, real estate values have historically risen and fallen with market conditions. As a result, management believes that FFO and AFFO provide a performance measure that when compared period-over-period, should reflect the impact to operations from trends in, among other things, occupancy rates, rental rates, operating costs and interest costs, without the inclusion of depreciation and amortization, providing a perspective that may not be necessarily apparent from net income. Management also considers FFO and AFFO to be useful in evaluating potential property acquisitions.
FFO and AFFO do not represent net income or cash flows from operating, investing or financing activities as defined by GAAP. FFO and AFFO are not alternatives to net income as a reliable measure of One Liberty’s operating performance nor an alternative to cash flows as measures of liquidity. FFO and AFFO do not measure whether cash flow is sufficient to fund all of our cash needs, including principal amortization, capital improvements and distributions to stockholders. Management recognizes that there are limitations in the use of FFO and AFFO. In evaluating our performance, management is careful to examine GAAP measures such as net income and cash flows from operating, investing and financing activities.
Operating Measure:
Annual base rent, or ABR, generally represents the cash base rent payable to OLP during the twelve months ending December 31, 2026 under leases in effect at December 31, 2025. See OLP’s Annual Report on Form 10-K for the year ended December 31, 2025 (the “Form 10-K”) for further information on the calculation of ABR, which is referred to in the Form 10-K as “2026 base rent.”
Forward Looking Statement:
Certain information contained in this press release, together with other statements and information publicly disseminated by One Liberty Properties, Inc. is forward looking within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. The Company intends such forward-looking statements to be covered by the safe harbor provision for forward looking statements contained in the Private Securities Litigation Reform Act of 1995 and include this statement for the purpose of complying with these safe harbor provisions. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies and expectations, are generally identifiable by use of the words “may,” “will,” “could,” “believe,” “expect,” “intend,” “anticipate,” “estimate,” “project,” or similar expressions or variations thereof. Information regarding important factors that could cause actual outcomes or other events to differ materially from any such forward-looking statements appear in the Company's Annual Report on Form 10-K for the year ended December 31, 2025 and the reports filed with the Securities and Exchange Commission thereafter; in particular, the sections of such reports entitled “Cautionary Note Regarding Forward Looking Statements”, “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations”, included therein. In addition, estimates of rental income and base rent exclude any related variable rent and the adjustments required by GAAP to present rental income; anticipated property purchases, sales, financings and/or refinancings may not be completed during the period or on the terms indicated, or at all; estimates of net proceeds and gains from property sales and financings/refinancings are subject to adjustment, among other things, because actual closing costs (including the amounts, if any, required to pay-off mortgage debt on properties being sold) may differ from the estimated costs; anticipated rent increases, including those tied to filling of vacancies or as a result of market-to-market opportunities (i.e., renewing leased premises or leasing vacant premises at higher rental rates) may not be realized; and amounts presented in this press release and the Company’s Annual Report on Form 10-K for the year ended December 31, 2025 may differ from one another due to rounding. You should not rely on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond the Company’s control and which could materially affect the Company’s results of operations, financial condition, cash flows, performance or future achievements or events.
About One Liberty Properties:
One Liberty is an industrial-focused real estate investment trust organized in Maryland in 1982. The Company owns and operates a geographically diversified portfolio consisting primarily of industrial properties across the United States. Additional financial and descriptive information on One Liberty, its operations and its portfolio, is available on its website at: http://1liberty.com. Interested parties are encouraged to review One Liberty’s Annual Report on Form 10-K and the other reports it files with the Securities and Exchange Commission for additional information.
Contact:
One Liberty Properties
Investor Relations
Phone: (516) 466-3100
www.1liberty.com
| ONE LIBERTY PROPERTIES, INC. | ||||||||
| CONDENSED BALANCE SHEETS | ||||||||
| (Amounts in Thousands) | ||||||||
| December 31, | December 31, | |||||||
| 2025 | 2024 | |||||||
| ASSETS | ||||||||
| Real estate investments, at cost | $ | 972,257 | $ | 860,752 | ||||
| Accumulated depreciation | (194,663 | ) | (188,447 | ) | ||||
| Real estate investments, net | 777,594 | 672,305 | ||||||
| Investment in unconsolidated joint ventures | 203 | 2,101 | ||||||
| Cash and cash equivalents | 14,434 | 42,315 | ||||||
| Unbilled rent receivable | 17,269 | 16,988 | ||||||
| Unamortized intangible lease assets, net | 25,501 | 13,649 | ||||||
| Other assets | 22,569 | 19,596 | ||||||
| Total assets | $ | 857,570 | $ | 766,954 | ||||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities: | ||||||||
| Mortgages payable, net | $ | 517,342 | $ | 420,555 | ||||
| Line of credit | — | — | ||||||
| Unamortized intangible lease liabilities, net | 12,946 | 11,752 | ||||||
| Other liabilities | 27,485 | 26,072 | ||||||
| Total liabilities | 557,773 | 458,379 | ||||||
| Total One Liberty Properties, Inc. stockholders’ equity | 299,603 | 307,425 | ||||||
| Non-controlling interests in consolidated joint ventures | 194 | 1,150 | ||||||
| Total equity | 299,797 | 308,575 | ||||||
| Total liabilities and equity | $ | 857,570 | $ | 766,954 | ||||
| ONE LIBERTY PROPERTIES, INC. (NYSE: OLP) | ||||||||||||||||
| (Amounts in Thousands, Except Per Share Data) | ||||||||||||||||
| (Unaudited) | ||||||||||||||||
| Three Months Ended | Year Ended | |||||||||||||||
| December 31, | December 31, | |||||||||||||||
| 2025 | 2024 | 2025 | 2024 | |||||||||||||
| Revenues: | ||||||||||||||||
| Rental income, net | $ | 24,741 | $ | 23,856 | $ | 97,161 | $ | 90,313 | ||||||||
| Lease termination fees | — | — | 66 | 250 | ||||||||||||
| Total revenues | 24,741 | 23,856 | 97,227 | 90,563 | ||||||||||||
| Operating expenses: | ||||||||||||||||
| Depreciation and amortization | 7,126 | 6,172 | 27,196 | 24,291 | ||||||||||||
| Real estate expenses | 5,125 | 5,227 | 19,878 | 17,904 | ||||||||||||
| General and administrative | 4,031 | 3,803 | 16,267 | 15,388 | ||||||||||||
| Impairment losses | 3,293 | — | 4,593 | 1,086 | ||||||||||||
| State taxes | 71 | (183 | ) | 73 | 1 | |||||||||||
| Total operating expenses | 19,646 | 15,019 | 68,007 | 58,670 | ||||||||||||
| Other operating income | ||||||||||||||||
| Gain on sale of real estate, net | 1,977 | 6,660 | 18,689 | 18,007 | ||||||||||||
| Operating income | 7,072 | 15,497 | 47,909 | 49,900 | ||||||||||||
| Other income and expenses: | ||||||||||||||||
| Equity in earnings of unconsolidated joint ventures | 1 | 56 | 101 | 143 | ||||||||||||
| Equity in earnings from sale of unconsolidated joint venture properties | — | — | 991 | — | ||||||||||||
| Income on settlement of litigation | 1,300 | — | 1,300 | — | ||||||||||||
| Other income | 198 | 290 | 609 | 1,186 | ||||||||||||
| Interest: | ||||||||||||||||
| Expense | (5,902 | ) | (5,064 | ) | (22,798 | ) | (19,463 | ) | ||||||||
| Amortization and write-off of deferred financing costs | (254 | ) | (227 | ) | (1,005 | ) | (968 | ) | ||||||||
| Net income | 2,415 | 10,552 | 27,107 | 30,798 | ||||||||||||
| Net income attributable to non-controlling interests | (5 | ) | (20 | ) | (1,633 | ) | (381 | ) | ||||||||
| Net income attributable to One Liberty Properties, Inc. | $ | 2,410 | $ | 10,532 | $ | 25,474 | $ | 30,417 | ||||||||
| Net income per share attributable to common stockholders - diluted | $ | 0.10 | $ | 0.49 | $ | 1.15 | $ | 1.40 | ||||||||
| Funds from operations - Note 1 | $ | 10,847 | $ | 10,029 | $ | 39,171 | $ | 38,027 | ||||||||
| Funds from operations per common share - diluted - Note 2 | $ | 0.50 | $ | 0.46 | $ | 1.80 | $ | 1.77 | ||||||||
| Adjusted funds from operations - Note 1 | $ | 10,354 | $ | 10,819 | $ | 41,556 | $ | 41,157 | ||||||||
| Adjusted funds from operations per common share - diluted - Note 2 | $ | 0.48 | $ | 0.50 | $ | 1.91 | $ | 1.91 | ||||||||
| Weighted average number of common shares outstanding: | ||||||||||||||||
| Basic | 20,906 | 20,666 | 20,866 | 20,600 | ||||||||||||
| Diluted | 20,918 | 20,796 | 20,912 | 20,722 | ||||||||||||
| ONE LIBERTY PROPERTIES, INC. (NYSE: OLP) | ||||||||||||||||
| (Amounts in Thousands, Except Per Share Data) | ||||||||||||||||
| (Unaudited) | ||||||||||||||||
| Three Months Ended | Year Ended | |||||||||||||||
| December 31, | December 31, | |||||||||||||||
| Note 1: | 2025 | 2024 | 2025 | 2024 | ||||||||||||
| NAREIT funds from operations is summarized in the following table: | ||||||||||||||||
| GAAP net income attributable to One Liberty Properties, Inc. | $ | 2,410 | $ | 10,532 | $ | 25,474 | $ | 30,417 | ||||||||
| Add: depreciation and amortization of properties | 6,917 | 5,971 | 26,354 | 23,495 | ||||||||||||
| Add: our share of depreciation and amortization of unconsolidated joint ventures | — | 5 | 18 | 22 | ||||||||||||
| Add: impairment losses | 3,293 | — | 4,593 | 1,086 | ||||||||||||
| Add: amortization of deferred leasing costs | 209 | 201 | 842 | 796 | ||||||||||||
| Add: our share of amortization of deferred leasing costs of unconsolidated joint ventures | — | — | 3 | 12 | ||||||||||||
| Deduct: gain on sale of real estate, net | (1,977 | ) | (6,660 | ) | (18,689 | ) | (18,007 | ) | ||||||||
| Deduct: equity in earnings from sale of unconsolidated joint venture properties | — | — | (991 | ) | — | |||||||||||
| Adjustments for non-controlling interests | (5 | ) | (20 | ) | 1,567 | 206 | ||||||||||
| NAREIT funds from operations applicable to common stock | 10,847 | 10,029 | 39,171 | 38,027 | ||||||||||||
| Deduct: straight-line rent accruals and amortization of lease intangibles | (767 | ) | (740 | ) | (2,675 | ) | (2,745 | ) | ||||||||
| Adjust: our share of straight-line rent accruals and amortization of lease intangibles of unconsolidated joint ventures | — | (8 | ) | (32 | ) | 19 | ||||||||||
| Deduct: lease termination fees | — | — | (66 | ) | (250 | ) | ||||||||||
| Deduct: other income and income on settlement of litigation | (1,327 | ) | (27 | ) | (1,410 | ) | (110 | ) | ||||||||
| Add: amortization of restricted stock and RSU compensation | 1,292 | 1,275 | 5,333 | 4,962 | ||||||||||||
| Add: amortization and write-off of deferred financing costs | 254 | 227 | 1,005 | 968 | ||||||||||||
| Add: amortization of lease incentives | 24 | 30 | 107 | 119 | ||||||||||||
| Add: amortization of mortgage intangible assets | 34 | 34 | 137 | 137 | ||||||||||||
| Adjustments for non-controlling interests | (3 | ) | (1 | ) | (14 | ) | 30 | |||||||||
| Adjusted funds from operations applicable to common stock | $ | 10,354 | $ | 10,819 | $ | 41,556 | $ | 41,157 | ||||||||
| Note 2: | ||||||||||||||||
| NAREIT funds from operations is summarized in the following table: | ||||||||||||||||
| GAAP net income attributable to One Liberty Properties, Inc. | $ | 0.10 | $ | 0.49 | $ | 1.15 | $ | 1.40 | ||||||||
| Add: depreciation and amortization of properties | 0.33 | 0.27 | 1.23 | 1.10 | ||||||||||||
| Add: our share of depreciation and amortization of unconsolidated joint ventures | — | — | — | — | ||||||||||||
| Add: impairment losses | 0.15 | — | 0.21 | 0.05 | ||||||||||||
| Add: amortization of deferred leasing costs | 0.01 | 0.01 | 0.04 | 0.04 | ||||||||||||
| Add: our share of amortization of deferred leasing costs of unconsolidated joint ventures | — | — | — | — | ||||||||||||
| Deduct: gain on sale of real estate, net | (0.09 | ) | (0.31 | ) | (0.86 | ) | (0.84 | ) | ||||||||
| Deduct: equity in earnings from sale of unconsolidated joint venture properties | — | — | (0.05 | ) | — | |||||||||||
| Adjustments for non-controlling interests | — | — | 0.08 | 0.02 | ||||||||||||
| NAREIT funds from operations per share of common stock - diluted (a) | 0.50 | 0.46 | 1.80 | 1.77 | ||||||||||||
| Deduct: straight-line rent accruals and amortization of lease intangibles | (0.03 | ) | (0.03 | ) | (0.13 | ) | (0.13 | ) | ||||||||
| Adjust: our share of straight-line rent accruals and amortization of lease intangibles of unconsolidated joint ventures | — | — | — | — | ||||||||||||
| Deduct: lease termination fees | — | — | — | (0.01 | ) | |||||||||||
| Deduct: other income and income on settlement of litigation | (0.06 | ) | — | (0.06 | ) | (0.01 | ) | |||||||||
| Add: amortization of restricted stock and RSU compensation | 0.06 | 0.06 | 0.24 | 0.23 | ||||||||||||
| Add: amortization and write-off of deferred financing costs | 0.01 | 0.01 | 0.05 | 0.04 | ||||||||||||
| Add: amortization of lease incentives | — | — | — | 0.01 | ||||||||||||
| Add: amortization of mortgage intangible assets | — | — | 0.01 | 0.01 | ||||||||||||
| Adjustments for non-controlling interests | — | — | — | — | ||||||||||||
| Adjusted funds from operations per share of common stock - diluted (a) | $ | 0.48 | $ | 0.50 | $ | 1.91 | $ | 1.91 | ||||||||
| (a) The weighted average number of diluted common shares used to compute FFO and AFFO applicable to common stock includes unvested restricted shares that are excluded from the computation of diluted EPS. | ||||||||||||||||
FAQ
What were One Liberty (OLP) full-year 2025 FFO and AFFO per share?
How much did One Liberty (OLP) spend on industrial acquisitions in 2025 and early 2026?
What is One Liberty (OLP) portfolio occupancy and industrial exposure as of year-end 2025?
How did property sales affect One Liberty (OLP) 2025 results and liquidity?
What balance sheet and leverage figures did One Liberty (OLP) report for 2025?
