Saturday 17 October 2026 Export ARL’s income statement to Excel — free account

American Realty Investors, Inc.

American Realty Investors, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $50.0 million, up 5.70% from fiscal 2024. In the quarter to June 2026, revenue grew 5.81%, EPS fell 133.3%, free cash flow grew 70.9% and total debt was flat, each against the same quarter a year earlier.

16.56 0.21 −1.25%

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Market cap: $270.9M
P/E: 31.8×
Fwd P/E: 1.1×
Dividend yield: —
F-score: 5/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 91.89%

Capital & Financial Ratios $m

Market Cap 270.87

Revenue 51.05

Net Income 9.95

Free Cash Flow (2.42)

Net Debt 122.50

Current Ratio 6.98

Debt/Equity 0.27

P/E ratio 31.85

Fwd P/E 1.11

P/S ratio 5.24

P/B ratio 0.33

Past 5Y EPS Growth 11.61%

This Y EPS Growth —

Next Y EPS Growth —

Next Y revenue growth 1,106.02%

Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 78.16%

10-year low 10-year high

P/S against its own 10 years 75.75%

10-year low 10-year high

P/B against its own 10 years 21.45%

10-year low 10-year high

EV/Sales against its own 10 years 45.93%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2021	Powerpack
2020	Powerpack
2019	Powerpack
2018	Powerpack
2017	Powerpack

special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	170	120	104	96
Receivables	97	98	104	104
Inventory	—	—	—	—
Other	—	—	—	—
	410	356	350	340

	2023	2024	2025	Q'26
Payables	12	32	50	44
ST’ Debt	—	—	—	—
Other	—	—	—	—
	14	35	53	49

Compound Annual Growth %

	10y	5y	3y
Sales	(7.08%)	(3.26%)	10.03%
Cash Flow	0.00%	0.00%	0.00%
Earnings	0.00%	11.70%	(65.22%)
Book Value	16.57%	19.93%	0.31%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	12	13	—	—	—
’25	12	12	13	13	50
’24	12	12	12	12	47
’23	12	12	13	14	51
’22	8	8	8	13	38
’21	12	11	10	9	42
’20	13	15	12	19	59

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	1	(2)	—	—	—
’25	(7)	(3)	8	(3)	(6)
’24	4	(1)	13	(16)	1
’23	2	(10)	16	(39)	(31)
’22	(4)	(5)	2	(39)	(45)
’21	(1)	1	(8)	(4)	(12)
’20	(12)	(1)	(5)	21	3

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(3)	(8)	—	—	—
’25	(30)	(28)	(6)	14	(50)
’24	(2)	(10)	(2)	(41)	(56)
’23	(4)	(10)	13	(47)	(49)
’22	18	(2)	10	(45)	(19)
’21	8	9	70	(1)	86
’20	(16)	5	10	28	27

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(0.03)	(0.06)	—	—	—
’25	0.18	0.18	0.01	0.60	0.97
’24	0.11	0.07	(1.08)	(0.01)	(0.91)
’23	0.18	0.01	0.18	(0.13)	0.25
’22	0.70	1.01	18.72	2.69	23.12
’21	1.12	(1.69)	1.20	(0.42)	0.21
’20	0.18	(0.14)	0.50	0.03	0.56

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	3.89	5.17	11.70	10.53	5.99	7.71	11.90	11.69	12.51	9.43	Analyst estimates 2026–2028 Powerpack
	High	7.93	14.50	21.57	17.89	17.44	20.38	27.76	31.59	25.96	17.00
People
People	Employees	—	—	—	—	—	—	—	—	—	—
	Revenue/emp, $m	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Income, $m
Income, $m	Revenue	120	126	150	59	59	42	38	51	47	50
	Gross margin, %	47.39	49.22	60.26	56.44	58.73	50.38	51.15	44.76	42.81	44.25
	EBT	(2)	(9)	184	(22)	11	5	573	7	(17)	21
	EBT margin, %	(1.97)	(6.89)	122.64	(36.86)	18.84	12.79	1,527.34	13.28	(36.02)	42.40
	Net income	(2)	(9)	183	(22)	11	6	475	5	(13)	19
	Depreciation	28	30	31	16	19	15	13	15	13	13
Per share, $
Per share, $	Revenue	7.71	8.14	9.38	3.69	3.68	2.60	2.32	3.13	2.93	3.10
	Earnings	(0.25)	(0.61)	10.81	(1.00)	0.56	0.21	23.12	0.25	(0.91)	0.97
	Cash flow	0.65	(1.94)	(10.78)	(2.54)	0.22	(0.71)	(2.81)	(1.92)	0.07	(0.34)
	Capex	(3.95)	(6.72)	9.88	(0.53)	1.46	6.04	1.60	(1.13)	(3.50)	(2.77)
	Free cash flow	(3.29)	(8.66)	(0.90)	(3.07)	1.68	5.32	(1.21)	(3.05)	(3.44)	(3.11)
	Book value	11.35	10.69	20.09	18.54	20.59	20.86	50.28	50.55	49.67	50.75
	Shares, m	16	16	16	16	16	16	16	16	16	16
Valuation, ×
Valuation, ×	P/E	0.00	0.00	1.12	0.00	19.12	60.24	1.06	73.96	0.00	16.56
	P/S	0.67	1.47	1.29	4.65	2.96	4.86	10.55	5.68	5.01	5.19
	P/B	0.46	1.13	0.60	0.94	0.53	0.61	0.49	0.35	0.30	0.32
	EV/Sales	7.32	8.80	3.55	11.25	9.63	11.62	9.89	5.94	6.39	7.39
	EV/FCF	(17.14)	(8.27)	(36.81)	(13.50)	21.07	5.68	(19.06)	(6.08)	(5.45)	(7.35)
Cash, $m
Cash, $m	Operating cash flow	10	(30)	(172)	(41)	3	(12)	(45)	(31)	1	(6)
	Capex	(61)	(104)	158	(9)	23	97	26	(18)	(57)	(45)
	Free cash flow	(51)	(134)	(14)	(49)	27	86	(19)	(49)	(56)	(50)
Balance, $m
Balance, $m	Working capital	151	200	277	276	312	275	532	396	321	297
	Total debt	851	1,014	446	473	481	373	317	183	185	214
	Net debt	795	926	339	390	394	284	(25)	13	65	110
	Shareholders’ equity	176	166	321	297	330	337	812	817	802	820
Returns, %
Returns, %	ROA	(0.33)	(0.77)	16.28	(1.93)	1.06	0.41	37.94	0.36	(1.43)	1.47
	ROIC	0.94	1.00	4.06	(0.04)	(0.01)	(2.08)	(0.74)	(0.85)	(0.48)	(0.43)
	ROE	(2.20)	(5.65)	71.29	(5.20)	2.91	1.01	65.19	0.49	(1.82)	1.94

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
TCI Transcontinental Realty Investors, Inc.	$432.2M	51.5×	0.8×	+5.81% (above 0%: growing)	n/m	+70.80% (above 0%: growing)	36.45%	(18.22%)	Compare
FRPH FRP Holdings, Inc.	$367.5M	— (loss-making)	112×	+2.15% (above 0%: growing)	n/m	+34.61% (above 0%: growing)	13.16%	13.16%	Compare
MLP Maui Land & Pineapple Company, Inc.	$292.7M	— (loss-making)	9.2×	−19.64% (below 0%: shrinking)	n/m	−9.85% (below 0%: shrinking)	31.91%	(48.57%)	Compare
SEG Seaport Entertainment Group Inc.	$289.5M	— (loss-making)	—	−13.85% (below 0%: shrinking)	n/m	−118.49% (below 0%: shrinking)	33.13%	(32.38%)	Compare
ARL American Realty Investors, Inc.	$270.9M	31.8×	1.1×	+5.81% (above 0%: growing)	n/m	+70.92% (above 0%: growing)	36.45%	(19.81%)
CANPY Cian PLC Sponsored ADR	$237.6M	10.1×	—	+30.98% (above 0%: growing)	+33.91% (above 0%: growing)	+67.24% (above 0%: growing)	100.00%	17.07%	Compare
CHCI Comstock Holding Companies, Inc.	$177.6M	6.9×	4.3×	+74.07% (above 0%: growing)	+514.29% (above 0%: growing)	+539.40% (above 0%: growing)	35.36%	29.43%	Compare
NTP Nam Tai Property Inc.	$165.5M	7.3×	—	−65.08% (below 0%: shrinking)	n/m	−85.17% (below 0%: shrinking)	29.32%	(52.81%)	Compare
DOUG Douglas Elliman Inc.	$135.4M	5.7×	17.2×	+4.45% (above 0%: growing)	n/m	+2,005.57% (above 0%: growing)	20.88%	(1.21%)	Compare
Median of peers	$263.5M	7.3×	9.2×	+3.30%	—	+50.93%	32.52%	(9.71%)

All 46 Real Estate Services stocks →

American Realty Investors, Inc. (ARL) key facts

Strength: American Realty Investors, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $50.0 million, up 5.70% from fiscal 2024.
American Realty Investors, Inc. (ARL) is a Real Estate Services company in the Real Estate sector, listed on the New York Stock Exchange.
As of October 16, 2026, ARL traded at $16.56, a market capitalization of $270.9 million.
Return on equity was 1.94% and debt-to-equity 0.27.
Its Piotroski F-score is 5 out of 9 for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.