Pricing Log in Create free account
Saturday 17 October 2026 Export BOC’s income statement to Excel — free account

Boston Omaha Corporation

BOC Industrials Conglomerates

Boston Omaha Corporation’s revenue for fiscal 2025 (year ended December 2025) was $114.4 million, up 5.64% from fiscal 2024. In the quarter to June 2026, revenue grew 2.40%, EPS grew 28.6%, free cash flow grew 158.1% and total debt rose 3.97%, each against the same quarter a year earlier. Revenue growth for ten consecutive years; insiders bought in the last twelve months.

12.57 0.16 −1.26%
Market cap
$383.5M
P/E
0.0×
Fwd P/E
0.0×
Dividend yield
—
F-score
5/9
Altman Z
1.52
Beneish M
−2.57
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

Total buys 2.54
Total sells 1.37
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — 3 — — — — 2 — — — — —
Sell — — — — — — — — — — 1 —
Insider Ownership 7.11%

Capital & Financial Ratios $m

Market Cap 383.51
Revenue 115.42
Net Income (15.67)
Free Cash Flow (5.71)
Net Debt 11.18
Current Ratio 2.05 (at or above 1.5: strong)
Debt/Equity 0.09 (at or below 0.5: strong)
P/E ratio 0.00
Fwd P/E 0.00
P/S ratio 3.31
P/B ratio 0.74
Past 5Y EPS Growth —
This Y EPS Growth 80.00% (at or above 15%: strong)
Next Y EPS Growth 75.00% (at or above 15%: strong)
Next Y revenue growth 4.74%
Next 5Y EPS Growth 13.28%

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

Valuation vs history

EV/Sales, ten years
EV/Sales is 3.4×, against a ten-year median of 7.9×; over the ten years it ranged from −0.6× in 2017 to 47.4× in 2017.
P/S against its own 10 years 1.49%
10-year low 10-year high
P/B against its own 10 years 7.94%
10-year low 10-year high
EV/Sales against its own 10 years 6.29%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2017 Powerpack
special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 99 90 83 36
Receivables 12 12 16 5
Inventory — — — —
Other 14 10 14 80
131 117 119 125
2023 2024 2025 Q'26
Payables 18 16 14 8
ST’ Debt 1 1 2 2
Other 14 16 20 41
51 55 60 61

Compound Annual Growth %

10y 5y 3y
Sales 65.93% 20.12% 12.08%
Cash Flow 0.00% 28.11% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value 36.72% 7.04% 1.41%

Revenue $m

Mar Jun Sep Dec Year
’26 28 22 — — —
’25 28 22 29 36 114
’24 26 27 28 28 108
’23 23 24 25 25 96
’22 16 21 21 23 81
’21 13 14 14 15 57
’20 11 11 12 11 46
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 4 6 — — —
’25 3 6 4 6 18
’24 2 5 5 9 21
’23 1 3 8 4 16
’22 (16) 1 5 4 (5)
’21 4 1 1 1 8
’20 0 1 2 2 5
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (3) 1 — — —
’25 (4) (2) (2) (3) (10)
’24 (6) (4) (1) 1 (11)
’23 (7) (10) (14) (5) (36)
’22 (22) (7) (11) (5) (45)
’21 1 (3) (3) (8) (13)
’20 (1) (2) 0 (1) (3)
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 (0.07) (0.05) — — —
’25 (0.02) (0.07) (0.08) (0.22) (0.40)
’24 (0.09) (0.07) (0.05) 0.17 (0.04)
’23 (0.11) 0.05 (0.05) (0.12) (0.23)
’22 0.55 (0.39) (0.05) 0.22 0.35
’21 3.09 0.29 (0.89) (0.50) 1.82
’20 (1.05) 0.14 0.13 0.73 0.02
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 15.00 12.15 19.45 18.44 13.05 24.42 18.68 13.55 12.41 11.30

Analyst estimates 2026–2028

Powerpack
High 15.00 35.49 33.88 28.00 27.93 49.92 30.94 28.69 16.99 15.75
People
People Employees 36 86 138 138 217 256 440 463 452 422
Revenue/emp, $m 0.11 0.10 0.15 0.30 0.21 0.22 0.18 0.21 0.24 0.27
Income, $m
Income, $m Revenue 4 9 20 41 46 57 81 96 108 114
Gross margin, % 21.27 12.91 19.13 28.59 31.03 7.26 34.72 33.03 33.05 35.87
EBT (3) (6) (9) (1) (2) 73 8 (9) 3 (18)
EBT margin, % (82.57) (71.88) (45.75) (3.58) (5.31) 128.44 9.69 (9.50) 2.86 (16.07)
Net income (3) (6) (9) (1) (2) 55 10 (6) 3 (18)
Depreciation 2 3 8 17 12 15 21 25 27 29
Per share, $
Per share, $ Revenue 0.64 0.83 1.00 1.82 1.78 1.97 2.74 3.10 3.44 3.64
Earnings (0.53) (0.60) (0.46) (0.07) 0.02 1.82 0.35 (0.23) (0.04) (0.40)
Cash flow (0.25) (0.29) 0.00 0.42 0.20 0.27 (0.17) 0.52 0.67 0.57
Capex (0.12) (0.21) (0.15) (0.12) (0.33) (0.72) (1.35) (1.67) (1.02) (0.89)
Free cash flow (0.36) (0.50) (0.15) 0.30 (0.13) (0.46) (1.52) (1.15) (0.35) (0.32)
Book value 10.29 13.60 15.81 15.16 14.86 17.13 17.31 19.32 17.87 17.06
Shares, m 6 11 20 23 26 29 30 31 31 31
Valuation, ×
Valuation, × P/E 0.00 0.00 0.00 0.00 0.00 14.44 77.08 0.00 0.00 0.00
P/S 23.59 35.27 23.30 11.58 15.52 14.61 9.33 5.14 4.12 3.40
P/B 1.46 2.16 1.48 1.39 1.86 1.68 1.47 0.82 0.79 0.72
EV/Sales 15.55 25.08 17.75 8.29 9.63 8.57 8.67 4.39 3.66 3.43
EV/FCF (27.26) (41.47) (116.86) 50.12 (129.59) (36.89) (15.57) (11.79) (36.19) (39.11)
Cash, $m
Cash, $m Operating cash flow (1) (3) 0 10 5 8 (5) 16 21 18
Capex (1) (2) (3) (3) (9) (21) (40) (52) (32) (28)
Free cash flow (2) (5) (3) 7 (3) (13) (45) (36) (11) (10)
Balance, $m
Balance, $m Working capital 29 89 106 140 295 337 61 80 63 59
Total debt 0 — — 18 23 30 28 27 40 49
Net debt (31) (92) (111) (136) (269) (344) (54) (72) (50) (34)
Shareholders’ equity 62 147 315 345 382 496 514 601 563 536
Returns, %
Returns, % ROA (7.10) (5.90) (3.75) (0.39) (0.01) 7.29 1.37 (0.96) (0.17) (1.72)
ROIC (6.26) (7.67) (3.76) (3.71) (2.78) (9.76) (0.71) (1.05) (1.03) (0.49)
ROE (7.41) (6.18) (3.94) (0.45) (0.01) 12.02 2.03 (1.26) (0.22) (2.26)
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Boston Omaha Corporation vs peers in Conglomerates (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
TTI Tetra Technologies, Inc. $786.3M 133× 35.1× +6.78% (above 0%: growing) −12.50% (below 0%: shrinking) −61.25% (below 0%: shrinking) 24.62% 10.84% Compare
MATW Matthews International Corporation $601.8M — (loss-making) 27.7× −29.58% (below 0%: shrinking) n/m +73.67% (above 0%: growing) 35.85% (5.37%) Compare
TRC Tejon Ranch Co $447.5M 72.3× 175× +71.65% (above 0%: growing) n/m +64.09% (above 0%: growing) 22.35% 2.44% Compare
TMS Live Oak Acquisition Corp. V $402.5M — (loss-making) — — n/m −1,236.38% (below 0%: shrinking) 41.31% 2.01% Compare
BOC Boston Omaha Corporation $383.5M — (loss-making) — (loss-making) +2.40% (above 0%: growing) n/m +158.12% (above 0%: growing) 44.46% (2.72%)
NNBR NN, Inc. $327.2M — (loss-making) — (loss-making) +19.29% (above 0%: growing) n/m +466.92% (above 0%: growing) 16.99% 0.78% Compare
FIP FTAI Infrastructure Inc. $302.6M — (loss-making) — (loss-making) +52.73% (above 0%: growing) n/m +49.28% (above 0%: growing) 100.00% (24.97%) Compare
RCMT RCM Technologies, Inc. $271.7M 16.2× 10.5× +20.02% (above 0%: growing) +38.00% (above 0%: growing) +228.92% (above 0%: growing) 25.67% 8.48% Compare
MAMK MaxsMaking Inc. $216.1M — — — — — — — Compare
Median of peers $364.8M 72.3× 31.4× +19.66% — +64.09% 25.67% 2.01%

All 28 Conglomerates stocks →

Boston Omaha Corporation (BOC) key facts

  • Strength: Boston Omaha Corporation’s revenue for fiscal 2025 (year ended December 2025) was $114.4 million, up 5.64% from fiscal 2024.
  • Boston Omaha Corporation (BOC) is a Conglomerates company in the Industrials sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, BOC traded at $12.57, a market capitalization of $383.5 million.
  • Return on equity was −2.26% and debt-to-equity 0.09.
  • Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 1.52 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Boston Omaha Corporation (BOC) Latest News

No news at this impact. Lower the threshold for more.
stockrow.com/BOC · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com