AMREP Corporation(AXR)Earnings, Financials & Key Ratios

AXR•NYSE•REIT / Real Estate

$27.15

$144M mkt cap·11.5× P/E·Price updated May 6, 2026

SectorReal Estate IndustryReal Estate Development Sub-IndustryResidential Land and Home Developers

AboutAMREP Corporation, through its subsidiaries, primarily engages in the real estate business. The company operates through two segments, Land Development and Homebuilding. The company sells developed and undeveloped lots to homebuilders, commercial and industrial property developers, and others. As of July 1, 2022, it owned approximately 17,000 acres in Sandoval County, New Mexico. The company owns an approximately 160-acre property in Brighton, Colorado. It also owns mineral interests covering an area of approximately 55,000 surface acres of land in Sandoval County, New Mexico; and owns oil, gas, and minerals and mineral interests covering an area of approximately 147 surface acres of land in Brighton, Colorado. Additionally, the company focuses on selling single-family detached homes and attached homes. AMREP Corporation was founded in 1961 and is headquartered in Havertown, Pennsylvania.Show more

Revenue$50M-3.3%
FFO$13M+88.6%
FFO/Share2.40+87.8%
FFO Payout0%
FFO per Share2.40+87.8%
NOI Margin66.17%+134.9%
FFO Margin25.95%+94.9%
ROE10.25%+60.3%
ROA9.91%+76.8%
Debt/Assets0.05%+78.2%
Net Debt/EBITDA-3.24+15.2%
Book Value/Share24.21+9.6%

Technical→

AXR Key Insights

AMREP Corporation (AXR) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

✓Company is almost debt free
✓High NOI margin of 66.2%
✓Trading at only 1.1x book value

✗Weaknesses

No significant weaknesses identified

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

AXR Price & Volume

AMREP Corporation (AXR) stock price & volume — 10-year historical chart

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AXR Growth Metrics

AMREP Corporation (AXR) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-0.02%

5 Years21.48%

3 Years-7.35%

TTM-8.71%

Profit CAGR

10 Years1.17%

5 Years-

3 Years-7.1%

TTM-0.27%

EPS CAGR

10 Years5.18%

5 Years-

3 Years2.36%

TTM-0.83%

Return on Capital

10 Years5.16%

5 Years11.2%

3 Years7.44%

Last Year9.76%

AXR Recent Earnings

AMREP Corporation (AXR) EPS & revenue vs analyst estimates — last 4 quarters

Full history →

●Beat EPS 2/12 qtrs (67%)●Beat Revenue 2/12 qtrs (50%)

Q2 2026Latest

Mar 12, 2026

EPS

$0.58

Est $0.57

+1.8%

Revenue

$15M

Est $14M

+3.9%

Q4 2025

Dec 12, 2025

EPS

$0.22

Est $0.44

-50.0%

Revenue

$9M

Est $15M

-37.2%

Q4 2025

Sep 9, 2025

EPS

$0.87

Est $0.38

+128.9%

Revenue

$18M

Est $14M

+28.8%

Q3 2025

Jul 25, 2025

EPS

$0.73

Revenue

$11M

Est $15M

-25.3%

Quarter	Date	EPS (Act vs Est)	Revenue (Act vs Est)
Q2 2026Latest	Mar 12, 2026	$0.58vs $0.57+1.8%	$15Mvs $14M+3.9%
Q4 2025	Dec 12, 2025	$0.22vs $0.44-50.0%	$9Mvs $15M-37.2%
Q4 2025	Sep 9, 2025	$0.87vs $0.38+128.9%	$18Mvs $14M+28.8%
Q3 2025	Jul 25, 2025	$0.73	$11Mvs $15M-25.3%

Based on last 12 quarters of dataView full earnings history →

Company	Market Cap	Stock Price	P/E Ratio (TTM)	Revenue Growth 1Y	Net Margin	Return on Equity (ROE)	Debt / Equity
ALCOAlico, Inc.Direct Competitor	313.08M	40.89	-2.12	-5.52%	-487.45%	-135.59%	0.79
STRRStar Equity Holdings, Inc.Direct Competitor	29.56M	9.40	-2.37	-66.93%	-5.36%	-12.96%	0.03
LXPLXP Industrial TrustProduct Competitor	3.08B	52.25	28.71	-2.3%	27.02%	4.57%	0.67
GRBKGreen Brick Partners, Inc.Product Competitor	2.88B	66.82	9.45	-0.02%	14.93%	17.01%	0.17
JBSSJohn B. Sanfilippo & Son, Inc.Product Competitor	930.96M	79.64	15.83	3.79%	6.15%	19.54%	0.28
TTGTTechTarget, Inc.Product Competitor	430.14M	5.95	-0.42	70.87%	-276.42%	-138.24%	0.19
DHID.R. Horton, Inc.Supply Chain	43.21B	149.17	12.89	-6.93%	9.51%	12.94%	0.24
LENLennar CorporationSupply Chain	19.54B	90.54	11.35	-3.64%	6.09%	9.19%	0.29

Compare AXR vs Peers

AMREP Corporation (AXR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs ALCO

Most directly comparable listed peer for AXR.

Scale Benchmark

vs DHI

Larger-name benchmark to compare AXR against a more recognizable public peer.

Peer Set

Compare Top 5

vs ALCO, STRR, LXP, GRBK

AXR Income Statement

AMREP Corporation (AXR) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily

Line item	Apr'17	Apr'18	Apr'19	Apr'20	Apr'21	Apr'22	Apr'23	Apr'24	Apr'25	TTM
Revenue	42.37M	40.18M	12.83M	18.78M	40.07M	62.48M	48.68M	51.37M	49.69M	53M
Revenue Growth %	1.69%	-5.17%	-68.06%	46.39%	113.33%	55.93%	-22.09%	5.53%	-3.26%	-8.71%
Property Operating Expenses	7.71M	6.06M	10.78M	13.79M	25.6M	35.82M	29.78M	36.9M	16.81M	14.06M
Net Operating Income (NOI)	34.65M▲ 0%	34.12M▼ 1.5%	2.06M▼ 94.0%	5M▲ 143.1%	14.47M▲ 189.5%	26.66M▲ 84.3%	18.9M▼ 29.1%	14.47M▼ 23.4%	32.88M▲ 127.2%	38.94M▲ 0%
NOI Margin %	81.79%	84.91%	16.02%	26.61%	36.11%	42.67%	38.83%	28.17%	66.17%	73.48%
Operating Expenses	33.19M	30.6M	5.2M	7.91M	5.42M	5.35M	13.07M	6.87M	20.77M	25.13M
G&A Expenses	5.12M	4.94M	4.21M	5.93M	5.42M	5.35M	13.07M	6.87M	7.28M	8.68M
EBITDA	42.37M	15.28M	12.83M	18.78M	40.07M	58.93M	41.08M	7.75M	12.29M	14.02M
EBITDA Margin %	100%	38.03%	100%	100%	100%	94.31%	84.39%	15.09%	24.72%	26.45%
Depreciation & Amortization	40.9M	11.77M	15.98M	21.7M	31.02M	37.62M	35.25M	149K	179K	209K
D&A / Revenue %	96.54%	29.28%	124.53%	115.51%	77.42%	60.22%	72.42%	0.29%	0.36%	0.39%
Operating Income	1.47M▲ 0%	3.51M▲ 139.8%	-3.15M▼ 189.6%	-2.91M▲ 7.5%	9.05M▲ 410.6%	21.3M▲ 135.5%	5.83M▼ 72.6%	7.6M▲ 30.4%	12.11M▲ 59.3%	13.81M▲ 0%
Operating Margin %	3.46%	8.74%	-24.53%	-15.51%	22.58%	34.1%	11.98%	14.8%	24.36%	26.06%
Interest Expense	333K	5K	25K	0	40K	0	0	0	0	0
Interest Coverage	4.40x	702.60x	-125.92x	-	226.18x	-	-	-	-	-
Non-Operating Income	150K	0	-77K	0	0	0	0	0	0	-459K
Pretax Income	982K▲ 0%	3.46M▲ 251.9%	-3.17M▼ 191.8%	-7.63M▼ 140.3%	10.04M▲ 231.6%	21.57M▲ 114.9%	7.64M▼ 64.6%	8.43M▲ 10.3%	13.72M▲ 62.9%	15.47M▲ 0%
Pretax Margin %	2.32%	8.6%	-24.73%	-40.6%	25.04%	34.52%	15.7%	16.4%	27.62%	29.19%
Income Tax	997K	3.22M	-708K	-1.72M	2.64M	5.7M	-14.15M	1.74M	1.01M	1.78M
Effective Tax Rate %	101.53%	93.11%	22.31%	22.58%	26.34%	26.45%	-185.17%	20.59%	7.35%	11.52%
Net Income	-15K▲ 0%	238K▲ 1686.7%	1.53M▲ 541.6%	-5.9M▼ 486.6%	7.39M▲ 225.2%	15.86M▲ 114.6%	21.79M▲ 37.4%	6.69M▼ 69.3%	12.72M▲ 90.1%	12.93M▲ 0%
Net Margin %	-0.04%	0.59%	11.9%	-31.43%	18.45%	25.39%	44.77%	13.02%	25.59%	24.4%
Net Income Growth %	99.85%	1686.67%	541.6%	-486.58%	225.22%	114.58%	37.37%	-69.3%	90.07%	-0.27%
Funds From Operations (FFO)	40.89M▲ 0%	12M▼ 70.6%	17.51M▲ 45.8%	15.79M▼ 9.8%	38.41M▲ 143.2%	53.48M▲ 39.2%	57.04M▲ 6.6%	6.84M▼ 88.0%	12.89M▲ 88.6%	13.23M▲ 0%
FFO Margin %	96.51%	29.87%	136.44%	84.08%	95.87%	85.6%	117.18%	13.31%	25.95%	24.96%
FFO Growth %	664.21%	-70.64%	45.85%	-9.79%	143.23%	39.23%	6.64%	-88.01%	88.55%	272.54%
FFO per Share	5.06	1.48	2.16	1.94	4.94	7.44	10.75	1.28	2.40	2.46
FFO Payout Ratio %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
EPS (Diluted)	-0.00▲ 0%	0.03▲ 1647.4%	0.19▲ 546.3%	-0.73▼ 484.2%	0.95▲ 230.1%	2.21▲ 132.6%	4.11▲ 86.0%	1.25▼ 69.6%	2.37▲ 89.6%	2.40▲ 0%
EPS Growth %	99.85%	-	546.26%	-484.21%	230.14%	132.63%	85.97%	-69.59%	89.6%	-0.83%
EPS (Basic)	-0.00	0.03	0.19	-0.73	0.95	2.21	4.13	1.26	2.39	-
Diluted Shares Outstanding	8.08M	8.1M	8.1M	8.13M	7.77M	7.19M	5.31M	5.35M	5.37M	5.39M

AXR Balance Sheet

AMREP Corporation (AXR) balance sheet — assets, liabilities & shareholders' equity

Line item	Apr'17	Apr'18	Apr'19	Apr'20	Apr'21	Apr'22	Apr'23	Apr'24	Apr'25	TTM
Total Assets	106.68M	105.86M	100.53M	96.67M	97.37M	94.92M	115.89M	122.83M	133.78M	143.94M
Asset Growth %	-11.57%	-0.76%	-5.04%	-3.84%	0.72%	-2.52%	22.1%	5.98%	8.91%	-14.45%
Real Estate & Other Assets	266K	247K	5.64M	18.54M	13.75M	9.1M	14.11M	1.75M	26.32M	0
PP&E (Net)	10.85M	9.74M	-4.54M	109K	112K	1.39M	1.35M	1.81M	0	0
Investment Securities	1000K	1000K	1000K	-1000K	-1000K	-958K	-1000K	-1000K	0	0
Total Current Assets	75.77M	80.59M	73.13M	71.94M	80.75M	83.48M	87.94M	97.19M	107.46M	116.8M
Cash & Equivalents	11.81M	14.04M	13.27M	17.5M	24.8M	15.72M	19.99M	29.69M	39.92M	50M
Receivables	1000K	1000K	283K	213K	37K	0	41K	27K	317K	0
Other Current Assets	0	14.45M	969K	0	0	0	-747K	547K	0	0
Intangible Assets	-14.39M	-629K	0	0	0	0	0	0	0	0
Total Liabilities	21.84M	19.26M	10.68M	12.03M	8.48M	11.76M	4.89M	4.78M	6.3M	4.57M
Total Debt	266K	1.84M	1.32M	3.89M	3.45M	2.03M	44K	35K	68K	21K
Net Debt	-11.54M	-12.2M	-11.95M	-13.61M	-21.35M	-13.69M	-19.95M	-29.66M	-39.85M	-49.98M
Long-Term Debt	0	1.84M	1.32M	3.89M	2.22M	2.03M	44K	27K	26K	21K
Short-Term Borrowings	0	0	0	0	0	0	0	0	8K	0
Capital Lease Obligations	0	0	0	0	0	0	0	0	0	0
Total Current Liabilities	4.32M	8.21M	2.96M	3.13M	4.55M	9.72M	4.85M	4.68M	3.79M	13K
Accounts Payable	6.78M	2.42M	2.36M	1.15M	1.38M	3.03M	1.87M	2.09M	1.3M	0
Deferred Revenue	3.18M	-20.94M	-12M	1.12M	1.77M	1.36M	1.32M	1.24M	0	0
Other Liabilities	17.52M	9.19M	6.4M	5.13M	18K	0	0	77K	0	4.53M
Total Equity	73.02M▲ 0%	77.6M▲ 6.3%	76.93M▼ 0.9%	71.03M▼ 7.7%	67.54M▼ 4.9%	69.47M▲ 2.9%	91.05M▲ 31.1%	118.05M▲ 29.7%	129.96M▲ 10.1%	139.38M▲ 0%
Equity Growth %	-10.09%	6.27%	-0.86%	-7.67%	-4.91%	2.87%	31.06%	29.65%	10.09%	39.77%
Shareholders Equity	84.83M	86.61M	89.85M	84.64M	88.89M	83.16M	111M	118.05M	129.96M	139.38M
Minority Interest	-11.81M	-9.01M	-12.92M	-13.61M	-21.35M	-13.69M	-19.95M	0	0	0
Common Stock	830K	832K	835K	836K	730K	524K	526K	526K	528K	531K
Additional Paid-in Capital	50.69M	50.92M	51.2M	51.33M	45.07M	32.38M	32.69M	32.99M	33.41M	0
Retained Earnings	46.76M	47M	49.05M	43.15M	47.71M	54.83M	76.62M	83.31M	96.02M	105.06M
Preferred Stock	46.76M	47.52M	49.05M	0	0	0	0	0	0	0
Return on Assets (ROA)	-0.01%	0.22%	1.48%	-5.99%	7.62%	16.5%	20.67%	5.6%	9.91%	10.52%
Return on Equity (ROE)	-0.02%	0.32%	1.98%	-7.98%	10.67%	23.16%	27.15%	6.4%	10.25%	9.58%
Debt / Assets	0.25%	1.74%	1.31%	4.02%	3.54%	2.14%	0.04%	0.03%	0.05%	0.01%
Debt / Equity	0.00x	0.02x	0.02x	0.05x	0.05x	0.03x	0.00x	0.00x	0.00x	0.00x
Net Debt / EBITDA	-0.27x	-0.80x	-0.93x	-0.72x	-0.53x	-0.23x	-0.49x	-3.83x	-3.24x	-3.24x
Book Value per Share	9.04	9.58	9.50	8.73	8.69	9.66	17.16	22.08	24.21	25.86

AXR Cash Flow Statement

AMREP Corporation (AXR) cash flow — operating, investing & free cash flow history

Line item	Apr'17	Apr'18	Apr'19	Apr'20	Apr'21	Apr'22	Apr'23	Apr'24	Apr'25	TTM
Cash from Operations	10.44M	531K	592K	765K	12.61M	15.48M	6.39M	10.71M	10.24M	10.24M
Operating CF Growth %	201.04%	-94.91%	11.49%	29.22%	1548.24%	22.74%	-58.72%	67.69%	-4.41%	-2039.69%
Operating CF / Revenue %	24.63%	1.32%	4.61%	4.07%	31.47%	24.77%	13.13%	20.86%	20.61%	19.32%
Net Income	-15K	238K	-2.46M	-5.9M	7.39M	15.86M	21.79M	6.69M	12.72M	12.93M
Depreciation & Amortization	1.4M	1.25M	606K	537K	554K	225K	63K	149K	179K	299K
Stock-Based Compensation	117K	187K	231K	113K	132K	217K	238K	377K	423K	447K
Other Non-Cash Items	-502K	-912K	3.3M	8.73M	-277K	-451K	7.31M	747K	0	-977K
Working Capital Changes	8.82M	-4.12M	-783K	-912K	2.31M	-2.14M	-9.25M	1.3M	-3.92M	-1.24M
Cash from Investing	-249K	-139K	152K	-9K	-5K	-1.2M	-131K	-457K	-553K	-536K
Acquisitions (Net)	0	0	0	0	0	0	0	0	30K	0
Purchase of Investments	0	0	0	0	0	0	0	0	0	0
Sale of Investments	0	0	0	0	0	0	0	0	0	0
Other Investing	-249K	-87K	160K	0	0	92K	-131K	0	0	-536K
Cash from Financing	-12.94M	1.84M	-549K	2.51M	-5.3M	-23.36M	-1.99M	-9K	-9K	-7K
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Common Dividends	0	0	0	0	0	0	0	0	0	0
Debt Issuance (Net)	-1000K	1000K	-503K	1000K	-189K	-1000K	-1000K	-9K	-9K	-5K
Share Repurchases	0	0	0	0	-5.12M	-21.9M	0	0	0	0
Other Financing	0	-49K	-46K	-95K	0	0	0	0	0	-2K
Net Change in Cash	-2.75M▲ 0%	2.23M▲ 181.1%	195K▼ 91.3%	3.27M▲ 1574.9%	7.3M▲ 123.5%	-9.08M▼ 224.4%	4.27M▲ 147.0%	10.25M▲ 139.9%	9.68M▼ 5.5%	13.1M▲ 0%
Exchange Rate Effect	0	0	0	0	0	0	0	0	0	0
Cash at Beginning	14.56M	11.81M	14.04M	14.24M	17.5M	24.8M	15.72M	19.99M	30.24M	45.11M
Cash at End	11.81M	14.04M	14.24M	17.5M	24.8M	15.72M	19.99M	30.24M	39.92M	50.49M
Free Cash Flow	10.19M▲ 0%	392K▼ 96.2%	584K▲ 49.0%	756K▲ 29.5%	12.6M▲ 1567.2%	14.19M▲ 12.6%	6.26M▼ 55.9%	10.26M▲ 63.9%	9.66M▼ 5.8%	13.65M▲ 0%
FCF Growth %	281.72%	-96.15%	48.98%	29.45%	1567.2%	12.58%	-55.9%	63.9%	-5.83%	-5.46%
FCF / Revenue %	24.05%	0.98%	4.55%	4.02%	31.46%	22.71%	12.86%	19.97%	19.44%	25.75%

AXR Key Ratios

AMREP Corporation (AXR) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	TTM
FFO per Share	5.06	1.48	2.16	1.94	4.94	7.44	10.75	1.28	2.4	2.46
FFO Payout Ratio	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
NOI Margin	81.79%	84.91%	16.02%	26.61%	36.11%	42.67%	38.83%	28.17%	66.17%	73.48%
Net Debt / EBITDA	-0.27x	-0.80x	-0.93x	-0.72x	-0.53x	-0.23x	-0.49x	-3.83x	-3.24x	-3.24x
Debt / Assets	0.25%	1.74%	1.31%	4.02%	3.54%	2.14%	0.04%	0.03%	0.05%	0.01%
Interest Coverage	4.40x	702.60x	-125.92x	-	226.18x	-	-	-	-	-
Book Value / Share	9.04	9.58	9.5	8.73	8.69	9.66	17.16	22.08	24.21	25.86
Revenue Growth	1.69%	-5.17%	-68.06%	46.39%	113.33%	55.93%	-22.09%	5.53%	-3.26%	-8.71%

AXR SEC Filings & Documents

AMREP Corporation (AXR) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

Material company update

Mar 12, 2026·SEC

Material company update

Jan 26, 2026·SEC

Material company update

Dec 12, 2025·SEC

10-K Annual Reports

FY 2025

Jul 25, 2025·SEC

FY 2024

Jul 23, 2024·SEC

FY 2023

Jul 25, 2023·SEC

10-Q Quarterly Reports

FY 2026

Mar 12, 2026·SEC

FY 2025

Dec 12, 2025·SEC

FY 2025

Sep 9, 2025·SEC

AXR Frequently Asked Questions

AMREP Corporation (AXR) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

AMREP Corporation (AXR) reported $53.0M in revenue for fiscal year 2024. This represents a 66% decrease from $155.3M in 1995.

AMREP Corporation (AXR) saw revenue decline by 3.3% over the past year.

Yes, AMREP Corporation (AXR) is profitable, generating $12.9M in net income for fiscal year 2024 (25.6% net margin).

Dividend & Returns

AMREP Corporation (AXR) has a return on equity (ROE) of 10.3%. This is reasonable for most industries.

Industry Metrics

AMREP Corporation (AXR) generated Funds From Operations (FFO) of $13.2M in the trailing twelve months. FFO is the primary profitability metric for REITs.

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AMREP Corporation (AXR) financial analysis — history, returns, DCA and operating performance tools

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Price History

Long-term charts & historical price data

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Revenue History

Sales growth patterns & revenue breakdown

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Financial Ratios

30 years of market, efficiency and balance-sheet ratios

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Valuation

DCF intrinsic value, peer multiples & estimates

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AMREP Corporation(AXR)Earnings, Financials & Key Ratios

AXR Key Insights

✓Strengths

✗Weaknesses

AXR Price & Volume

AXR Growth Metrics

Revenue CAGR

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