8-K Announcements
6Jun 25, 2025·SEC
Jun 10, 2025·SEC
Apr 17, 2025·SEC
New England Realty Associates Limited Partnership (NEN) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
New England Realty Associates Limited Partnership (NEN) stock price & volume — 10-year historical chart
New England Realty Associates Limited Partnership (NEN) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
New England Realty Associates Limited Partnership (NEN) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 20, 2026 | $0.40 | $24M |
| Q2 2026 | Mar 13, 2026 | $11.92 | $24M |
| Q4 2025 | Nov 7, 2025 | $4.48 | $24M |
| Q3 2025 | Aug 8, 2025 | $35.59 | $21M |
New England Realty Associates Limited Partnership (NEN) competitors in Real estate owners and developers — business model, growth, and fundamentals comparison
New England Realty Associates Limited Partnership (NEN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
New England Realty Associates Limited Partnership (NEN) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 52.83M | 58.01M | 60.48M | 62.1M | 62.64M | 68.29M | 74.48M | 80.53M | 89.2M |
| Revenue Growth % | 6.6% | 9.82% | 4.25% | 2.69% | 0.86% | 9.03% | 9.06% | 8.12% | 10.76% |
| Property Operating Expenses | 8.38M | 9.19M | 19.39M | 8.78M | 21.54M | 23.14M | 26.27M | 26.29M | 74.6M |
| Net Operating Income (NOI) | 44.45M▲ 0% | 48.83M▲ 9.8% | 41.09M▼ 15.9% | 53.32M▲ 29.8% | 41.1M▼ 22.9% | 45.16M▲ 9.9% | 48.21M▲ 6.8% | 54.24M▲ 12.5% | 14.6M▼ 73.1% |
| NOI Margin % | 84.14% | 84.16% | 67.94% | 85.86% | 65.62% | 66.12% | 64.73% | 67.35% | 16.37% |
| Operating Expenses | 30.3M | 33.91M | 23.81M | 38.35M | 26.86M | 27.07M | 28.43M | 28.87M | -7.15M |
| G&A Expenses | 2.64M | 2.98M | 3.45M | 3.07M | 3.72M | 3.37M | 3.91M | 4.08M | 0 |
| EBITDA | 63.94M | 70.4M | 31.96M | 33.38M | 30.91M | 34.46M | 36.56M | 42.35M | 23.28B |
| EBITDA Margin % | 121.04% | 121.36% | 52.84% | 53.75% | 49.35% | 50.46% | 49.08% | 52.59% | 26105.06% |
| Depreciation & Amortization | 49.8M | 55.49M | 14.68M | 18.41M | 16.67M | 16.37M | 16.77M | 16.98M | 23.26B |
| D&A / Revenue % | 94.26% | 95.64% | 24.28% | 29.65% | 26.61% | 23.98% | 22.52% | 21.09% | 26080.67% |
| Operating Income | 14.14M▲ 0% | 14.92M▲ 5.5% | 17.27M▲ 15.8% | 14.97M▼ 13.3% | 14.24M▼ 4.9% | 18.09M▲ 27.0% | 19.79M▲ 9.4% | 25.37M▲ 28.2% | 21.75M▼ 14.3% |
| Operating Margin % | 26.78% | 25.72% | 28.56% | 24.1% | 22.74% | 26.49% | 26.56% | 31.5% | 24.38% |
| Interest Expense | 11.11M | 12.39M | 12.2M | 13.71M | 13.63M | 15.05M | 15.72M | 15.46M | 18.59M |
| Interest Coverage | 1.27x | 1.20x | 1.42x | 1.09x | 1.04x | 1.20x | 1.26x | 1.64x | 1.17x |
| Non-Operating Income | -3.91M | -1.64M | -1.48M | 0 | 3.31M | -680.6K | -4.39M | -5.75M | -2.87M |
| Pretax Income | 6.94M▲ 0% | 4.17M▼ 39.9% | 6.55M▲ 57.0% | 1.42M▼ 78.2% | -2.7M▼ 289.5% | 3.72M▲ 237.9% | 8.45M▲ 127.1% | 15.66M▲ 85.3% | 6.03M▼ 61.5% |
| Pretax Margin % | 13.13% | 7.19% | 10.83% | 2.29% | -4.31% | 5.45% | 11.35% | 19.45% | 6.76% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | 6.94M▲ 0% | 4.17M▼ 39.9% | 6.55M▲ 57.0% | 1.42M▼ 78.2% | -2.7M▼ 289.5% | 3.72M▲ 237.9% | 8.45M▲ 127.1% | 15.66M▲ 85.3% | 6.03M▼ 61.5% |
| Net Margin % | 13.13% | 7.19% | 10.83% | 2.29% | -4.31% | 5.45% | 11.35% | 19.45% | 6.76% |
| Net Income Growth % | 40.14% | -39.91% | 57.04% | -78.24% | -289.55% | 237.89% | 127.06% | 85.26% | -61.49% |
| Funds From Operations (FFO) | 56.73M▲ 0% | 59.65M▲ 5.1% | 21.23M▼ 64.4% | 19.84M▼ 6.6% | 13.97M▼ 29.6% | 20.1M▲ 43.8% | 25.23M▲ 25.5% | 32.64M▲ 29.4% | 23.27B▲ 71179.4% |
| FFO Margin % | 107.4% | 102.83% | 35.11% | 31.94% | 22.3% | 29.43% | 33.87% | 40.54% | 26087.43% |
| FFO Growth % | 37.55% | 5.15% | -64.41% | -6.58% | -29.57% | 43.85% | 25.53% | 29.4% | 71179.35% |
| FFO per Share | 15.05 | 15.83 | 5.78 | 5.43 | 3.83 | 5.57 | 7.03 | 9.22 | 6654.42 |
| FFO Payout Ratio % | 14.08% | 7.51% | 22.12% | 23.57% | 33.45% | 46.12% | 39.46% | 34.45% | 0.07% |
| EPS (Diluted) | 1.84▲ 0% | 1.11▼ 39.7% | -1.94▼ 274.8% | 0.39▲ 120.1% | -0.74▼ 289.7% | 1.03▲ 239.2% | 2.38▲ 131.1% | 4.46▲ 87.4% | 1.72▼ 61.4% |
| EPS Growth % | 40.46% | -39.67% | -274.77% | 120.1% | -289.74% | 239.19% | 131.07% | 87.39% | -61.43% |
| EPS (Basic) | 1.84 | 1.12 | -1.94 | 0.39 | -0.74 | 1.03 | 2.38 | 4.46 | 1.72 |
| Diluted Shares Outstanding | 3.77M | 3.77M | 3.67M | 3.65M | 3.65M | 3.61M | 3.59M | 3.54M | 3.5M |
New England Realty Associates Limited Partnership (NEN) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 226.81M | 247.04M | 294.29M | 291.67M | 356.88M | 391.82M | 385.73M | 393.51M | 505.33M |
| Asset Growth % | 19.02% | 8.92% | 19.13% | -0.89% | 22.36% | 9.79% | -1.55% | 2.02% | 28.42% |
| Real Estate & Other Assets | -302K | -152K | -1.38M | -51K | 1.27M | 0 | 278.07M | 288.15M | 476.77B |
| PP&E (Net) | 207.15M | 230.51M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investment Securities | 0 | 0 | 0 | 0 | 1000K | 0 | 0 | 0 | 1000K |
| Total Current Assets | 0 | 0 | 0 | 0 | 97.88M | 0 | 106.11M | 105.02M | 28.1B |
| Cash & Equivalents | 7.24M | 9.06M | 7.55M | 18.65M | 96.08M | 49.56M | 18.23M | 17.62M | 26.67B |
| Receivables | 1000K | 1000K | 931.39K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Other Current Assets | -8.32M | -12.89M | -8.48M | -20.59M | 0 | -140.49M | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 26K | 0 | 1.55M | 334K | 2.69M |
| Total Liabilities | 262.12M | 282.66M | 332.12M | 333.14M | 406.17M | 451.69M | 451.09M | 455.94M | 579.55M |
| Total Debt | 250.22M | 254.37M | 299.77M | 300.44M | 370.48M | 410.97M | 408.66M | 406.21M | 527.6M |
| Net Debt | 242.98M | 245.31M | 292.22M | 281.8M | 274.4M | 361.41M | 390.43M | 388.59M | -26.14B |
| Long-Term Debt | 242.38M | 252.45M | 295.1M | 297.91M | 370.48M | 408.26M | 405.81M | 402.63M | 520.98M |
| Short-Term Borrowings | 7.84M | 1.92M | 4.67M | 2.53M | 0 | 2.71M | 2.85M | 3.58M | 6.62M |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 0 | 0 | 0 | 13.89M | 2.71M | 0 | 2.85M | 3.58M | 6.62M |
| Accounts Payable | 0 | 0 | 0 | 0 | 4.32M | 0 | 5.72M | 9M | 8.87M |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | -242.38M | -252.45M | -295.1M | -297.91M | 35.69M | -408.26M | 42.42M | 49.74M | 51.95M |
| Total Equity | -35.32M▲ 0% | -35.62M▼ 0.9% | -37.82M▼ 6.2% | -41.47M▼ 9.6% | -49.29M▼ 18.9% | -59.87M▼ 21.5% | -65.35M▼ 9.2% | -62.43M▲ 4.5% | -74.22M▼ 18.9% |
| Equity Growth % | -3.19% | -0.87% | -6.17% | -9.64% | -18.87% | -21.46% | -9.16% | 4.47% | -18.87% |
| Shareholders Equity | -34.96M | -35.27M | -37.45M | -41.06M | -48.8M | -59.27M | -64.7M | -61.81M | -73.47M |
| Minority Interest | -351.75K | -354.83K | -376.83K | -413.28K | -491.51K | -600.19K | -654.38K | -626.88K | -742.74K |
| Common Stock | -34.96M | -35.27M | -37.45M | -41.06M | -48.8M | -59.56M | -64.94M | -62.22M | -73.68M |
| Additional Paid-in Capital | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Return on Assets (ROA) | 3.32% | 1.76% | 2.42% | 0.49% | -0.83% | 0.99% | 2.17% | 4.02% | 1.34% |
| Return on Equity (ROE) | - | - | - | - | - | - | - | - | - |
| Debt / Assets | 110.32% | 102.97% | 101.86% | 103.01% | 103.81% | 104.89% | 105.94% | 103.23% | 104.41% |
| Debt / Equity | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | 3.80x | 3.48x | 9.14x | 8.44x | 8.88x | 10.49x | 10.68x | 9.17x | -1.12x |
| Book Value per Share | -9.37 | -9.45 | -10.30 | -11.35 | -13.50 | -16.61 | -18.20 | -17.62 | -21.22 |
New England Realty Associates Limited Partnership (NEN) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 16.14M | 25.63M | 22.45M | 17.45M | 15.78M | 21.54M | 28.36M | 36.5M | 27.66B |
| Operating CF Growth % | 5.19% | 58.83% | -12.42% | -22.26% | -9.56% | 36.47% | 31.64% | 28.72% | 75670.05% |
| Operating CF / Revenue % | 30.55% | 44.18% | 37.12% | 28.1% | 25.2% | 31.54% | 38.07% | 45.32% | 31005.66% |
| Net Income | 6.94M | 4.17M | 6.55M | 1.42M | -2.7M | 3.72M | 8.45M | 15.66M | 6.03B |
| Depreciation & Amortization | 13.46M | 15.57M | 14.68M | 18.41M | 16.67M | 16.37M | 16.77M | 16.98M | 23.26B |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -3.71M | 6.09M | -655.24K | 1.56M | 1.77M | 77.15K | 4.08M | 3.87M | -1.64B |
| Working Capital Changes | -549.33K | -199.96K | 1.87M | -3.94M | 45.78K | 1.37M | -948.63K | -14.65K | -1.13M |
| Cash from Investing | -45.53M | -2.44M | -29.28M | -1.72M | -2.33M | -93.07M | -42.55M | -21.57M | -54.32B |
| Acquisitions (Net) | 4.72M | -1.12M | -43.42K | -11.73K | -81.11K | 5.98M | 0 | 0 | 0 |
| Purchase of Investments | -47.74M | -14.33M | 0 | 0 | -81.11K | -177.85M | -223.77M | -191.14M | 0 |
| Sale of Investments | 1000K | 0 | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 0 |
| Other Investing | 542.24K | -1.32M | -29.23M | -1.7M | -2.25M | -4.74M | 0 | -12.46M | -54.32B |
| Cash from Financing | 29.16M | -21.37M | 5.32M | -4.64M | 63.99M | 25.01M | -16.57M | -15.75M | 35.71B |
| Dividends Paid | -7.99M | -4.48M | -4.7M | -4.68M | -4.67M | -9.27M | -9.95M | -11.24M | -16.79M |
| Common Dividends | -7.99M | -4.48M | -4.7M | -4.68M | -4.67M | -9.27M | 0 | 0 | 0 |
| Debt Issuance (Net) | 1000K | -1000K | 1000K | 569.86K | 1000K | 1000K | -1000K | -1000K | 1000K |
| Share Repurchases | -42.55K | 0 | -4.05M | -394.03K | -450.26K | -5.33M | -3.93M | -1.67M | -821.19K |
| Other Financing | -304.53K | -148K | -446.46K | -136.33K | -179.25K | 0 | -3K | 0 | 35.68B |
| Net Change in Cash | -224.79K▲ 0% | 1.82M▲ 910.1% | -1.51M▼ 183.1% | 11.1M▲ 833.4% | 77.44M▲ 597.6% | -46.52M▼ 160.1% | -31.33M▲ 32.7% | -614.52K▲ 98.0% | 9.05B▲ 1473281.3% |
| Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | -571.12K | 206.53K | 0 |
| Cash at Beginning | 7.46M | 7.24M | 9.06M | 7.55M | 18.65M | 96.08M | 49.56M | 18.23M | 17.62B |
| Cash at End | 7.24M | 9.06M | 7.55M | 18.65M | 96.08M | 49.56M | 18.23M | 17.62M | 26.67B |
| Free Cash Flow | -34.65M▲ 0% | 21.51M▲ 162.1% | 22.45M▲ 4.3% | 17.45M▼ 22.3% | 12.47M▼ 28.6% | 15.56M▲ 24.8% | 28.36M▲ 82.2% | 36.5M▲ 28.7% | 27.66B▲ 75670.1% |
| FCF Growth % | -440.37% | 162.1% | 4.35% | -22.26% | -28.57% | 24.81% | 82.25% | 28.72% | 75670.06% |
| FCF / Revenue % | -65.58% | 37.08% | 37.12% | 28.1% | 19.9% | 22.78% | 38.07% | 45.32% | 31005.66% |
New England Realty Associates Limited Partnership (NEN) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| FFO per Share | 10.89 | 15.05 | 15.83 | 5.78 | 5.43 | 3.83 | 5.57 | 7.03 | 9.22 | 6.65K |
| FFO Payout Ratio | 16.32% | 14.08% | 7.51% | 22.12% | 23.57% | 33.45% | 46.12% | 39.46% | 34.45% | 0.07% |
| NOI Margin | 83.34% | 84.14% | 84.16% | 67.94% | 85.86% | 65.62% | 66.12% | 64.73% | 67.35% | 16.37% |
| Net Debt / EBITDA | 4.14x | 3.80x | 3.48x | 9.14x | 8.44x | 8.88x | 10.49x | 10.68x | 9.17x | -1.12x |
| Debt / Assets | 111.62% | 110.32% | 102.97% | 101.86% | 103.01% | 103.81% | 104.89% | 105.94% | 103.23% | 104.41% |
| Interest Coverage | 1.30x | 1.27x | 1.20x | 1.42x | 1.09x | 1.04x | 1.20x | 1.26x | 1.64x | 1.17x |
| Book Value / Share | -9.04 | -9.37 | -9.45 | -10.3 | -11.35 | -13.5 | -16.61 | -18.2 | -17.62 | -21.22 |
| Revenue Growth | 8.96% | 6.6% | 9.82% | 4.25% | 2.69% | 0.86% | 9.03% | 9.06% | 8.12% | 10.76% |
New England Realty Associates Limited Partnership (NEN) SEC filings — annual & quarterly reports (10-K, 10-Q)
Jun 25, 2025·SEC
Jun 10, 2025·SEC
Apr 17, 2025·SEC
New England Realty Associates Limited Partnership (NEN) stock FAQ — growth, dividends, profitability & financials explained
New England Realty Associates Limited Partnership (NEN) reported $89.2M in revenue for fiscal year 2025. This represents a 436% increase from $16.6M in 1996.
New England Realty Associates Limited Partnership (NEN) grew revenue by 10.8% over the past year. This is steady growth.
Yes, New England Realty Associates Limited Partnership (NEN) is profitable, generating $6.0M in net income for fiscal year 2025 (6.8% net margin).
Yes, New England Realty Associates Limited Partnership (NEN) pays a dividend with a yield of 8.04%. This makes it attractive for income-focused investors.
New England Realty Associates Limited Partnership (NEN) generated Funds From Operations (FFO) of $29.3M in the trailing twelve months. FFO is the primary profitability metric for REITs.
New England Realty Associates Limited Partnership (NEN) offers a 8.04% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.
New England Realty Associates Limited Partnership (NEN) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates