30 years of historical data (1996–2025) · Real Estate · REIT - Retail
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Alexander's, Inc. trades at 42.7x earnings, 106% above its 5-year average of 20.7x, sitting at the 81st percentile of its historical range. Compared to the Real Estate sector median P/E of 23.4x, the stock trades at a premium of 83%. On a free-cash-flow basis, the stock trades at 16.3x P/FCF, 23% above the 5-year average of 13.3x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $1.2B | $1.1B | $1.0B | $1.1B | $1.1B | $1.3B | $1.4B | $1.7B | $1.6B | $2.0B | $2.2B |
| Enterprise Value | $1.9B | $991M | $1.8B | $1.7B | $2.0B | $2.0B | $2.1B | $2.4B | $2.4B | $3.0B | $2.9B |
| P/E Ratio → | 42.66 | 39.63 | 23.65 | 10.69 | 19.58 | 10.03 | 33.86 | 79.79 | 47.47 | 25.15 | 25.24 |
| P/S Ratio | — | — | 4.54 | 4.87 | 5.48 | 6.47 | 7.13 | 7.47 | 6.70 | 8.78 | 9.62 |
| P/B Ratio | 11.04 | 10.25 | 5.81 | 4.61 | 4.77 | 5.28 | 6.99 | 6.67 | 1.62 | 1.70 | 2.12 |
| P/FCF | 16.32 | 15.24 | 18.98 | 10.04 | 11.00 | 11.26 | 18.19 | 13.41 | 22.41 | 16.88 | 18.93 |
| P/OCF | 16.32 | 15.24 | 18.98 | 10.04 | 11.00 | 11.26 | 18.19 | 13.41 | 21.20 | 16.41 | 16.69 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | — | 7.91 | 7.36 | 9.83 | 9.51 | 10.79 | 10.44 | 10.47 | 12.83 | 12.98 |
| EV / EBITDA | — | — | 14.96 | 11.02 | 18.25 | 17.69 | 16.40 | 17.38 | 18.23 | 20.55 | 21.16 |
| EV / EBIT | — | — | 16.86 | 19.60 | 23.47 | 13.04 | 29.80 | 23.88 | 24.10 | 26.41 | 27.09 |
| EV / FCF | — | 13.49 | 33.11 | 15.18 | 19.74 | 16.54 | 27.51 | 18.75 | 35.04 | 24.65 | 25.55 |
Margins and return-on-capital ratios measuring operating efficiency
Operating margins have compressed from 52.2% to 36.1% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 19.7% indicates solid capital efficiency.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | — | — | 100.0% | 55.0% | 100.0% | 100.0% | 55.6% | 60.4% | 59.7% | 63.1% | 63.8% |
| Operating Margin | — | — | 36.1% | 52.2% | 38.6% | 37.0% | 52.4% | 44.0% | 43.2% | 45.7% | 46.5% |
| Net Profit Margin | — | — | 19.2% | 45.5% | 28.0% | 64.5% | 21.1% | 9.4% | 14.1% | 34.9% | 38.1% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 19.7% | 19.7% | 21.0% | 43.2% | 23.6% | 58.3% | 18.4% | 3.5% | 3.1% | 7.2% | 12.5% |
| ROA | 2.3% | 2.3% | 3.2% | 7.3% | 4.1% | 9.5% | 3.1% | 1.5% | 2.1% | 5.2% | 6.0% |
| ROIC | — | — | 7.1% | 9.1% | 5.9% | 6.3% | 8.4% | 5.4% | 3.8% | 4.0% | 5.4% |
| ROCE | — | — | 6.2% | 8.7% | 5.9% | 5.6% | 8.0% | 7.4% | 6.6% | 7.0% | 7.5% |
Solvency and debt-coverage ratios — lower is generally safer
The company holds a net cash position — cash of $128M exceeds total debt of $871M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 7.98 | 7.98 | 6.24 | 4.60 | 4.61 | 4.31 | 5.69 | 3.83 | 1.21 | 1.04 | 1.02 |
| Debt / EBITDA | — | — | 9.21 | 7.27 | 9.84 | 9.84 | 8.83 | 7.14 | 8.69 | 8.62 | 7.56 |
| Net Debt / Equity | — | -1.17 | 4.32 | 2.36 | 3.79 | 2.48 | 3.58 | 2.65 | 0.91 | 0.78 | 0.74 |
| Net Debt / EBITDA | — | — | 6.39 | 3.73 | 8.08 | 5.65 | 5.56 | 4.95 | 6.57 | 6.48 | 5.48 |
| Debt / FCF | — | -1.75 | 14.13 | 5.14 | 8.74 | 5.28 | 9.32 | 5.34 | 12.63 | 7.77 | 6.62 |
| Interest Coverage | — | — | 1.30 | 2.01 | 2.78 | 3.87 | 4.31 | 2.56 | 2.26 | 3.34 | 4.74 |
Net cash position: cash ($128M) exceeds total debt ($871M)
Short-term solvency ratios and asset-utilisation metrics
Alexander's, Inc.'s current ratio of 6.33x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has declined from 13.04x to 6.33x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 6.33 | 6.33 | 12.80 | 13.04 | 12.38 | 13.73 | 16.53 | 15.09 | 21.56 | 17.75 | 13.80 |
| Quick Ratio | 6.33 | 6.33 | 12.80 | 13.04 | 12.38 | 13.73 | 16.53 | 15.09 | 21.56 | 17.75 | 13.80 |
| Cash Ratio | 3.42 | 3.42 | 8.48 | 10.14 | 9.32 | 10.17 | 11.79 | 9.42 | 9.69 | 7.56 | 7.58 |
| Asset Turnover | — | — | 0.17 | 0.16 | 0.15 | 0.15 | 0.14 | 0.18 | 0.16 | 0.14 | 0.16 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Alexander's, Inc. returns 7.7% to shareholders annually primarily through dividends. The payout ratio exceeds 100% at 327.5%, meaning the company is paying out more than it earns — this level is unsustainable long-term without earnings recovery. The earnings yield of 2.3% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 7.7% | 8.3% | 9.0% | 8.4% | 8.2% | 6.9% | 6.5% | 5.4% | 5.9% | 4.3% | 3.7% |
| Payout Ratio | 327.5% | 327.5% | 212.6% | 90.1% | 160.1% | 69.4% | 219.8% | 435.1% | 280.4% | 108.0% | 94.6% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 2.3% | 2.5% | 4.2% | 9.4% | 5.1% | 10.0% | 3.0% | 1.3% | 2.1% | 4.0% | 4.0% |
| FCF Yield | 6.1% | 6.6% | 5.3% | 10.0% | 9.1% | 8.9% | 5.5% | 7.5% | 4.5% | 5.9% | 5.3% |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 7.7% | 8.3% | 9.0% | 8.4% | 8.2% | 6.9% | 6.5% | 5.4% | 5.9% | 4.3% | 3.7% |
| Shares Outstanding | — | $5M | $5M | $5M | $5M | $5M | $5M | $5M | $5M | $5M | $5M |
Compare ALX with 2 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| ALXYou | $1B | 42.7 | — | 16.3 | — | — | 19.7% | — | — |
| FRT | $9B | 22.7 | 10.7 | 15.1 | 67.2% | 47.1% | 12.0% | 7.3% | 1.2 |
| AKR | $3B | 209.2 | 19.0 | 16.4 | 69.9% | 20.5% | 0.7% | 1.5% | 7.9 |
| Real Estate Median | — | 23.4 | 13.6 | 13.7 | 60.4% | 22.0% | 3.3% | 2.6% | 6.7 |
Peers based on L4 peer group classification. Compare multiple stocks →
Includes 30+ ratios · 30 years · Updated daily
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Start ComparisonAlexander's, Inc.'s current P/E ratio is 42.7x. The historical average is 29.2x. This places it at the 81th percentile of its historical range.
Alexander's, Inc.'s return on equity (ROE) is 19.7%. The historical average is 42.9%.
Based on historical data, Alexander's, Inc. is trading at a P/E of 42.7x. This is at the 81th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Alexander's, Inc.'s current dividend yield is 7.67% with a payout ratio of 327.5%.