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

Clipper Realty Inc.

Clipper Realty Inc.’s revenue for fiscal 2025 (year ended December 2025) was $153.2 million, up 2.98% from fiscal 2024. In the quarter to June 2026, revenue fell 1.18%, EPS fell 126.2% and free cash flow fell 68.5%, each against the same quarter a year earlier. Dividend growth for ten consecutive years, revenue growth for three; insiders bought in the last twelve months.

3.15 0.04 −1.25%

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Market cap: $51.6M
P/E: 0.0×
Fwd P/E: −20.3×
Dividend yield: 12.1%
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

Total buys 1.78

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	1	—	—	—	—	—	—	—	3	4	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 15.52%

Capital & Financial Ratios $m

Market Cap 51.55

Revenue 151.46

Net Income (33.28)

Free Cash Flow 14.69

Net Debt (62.57)

Current Ratio 0.05

Debt/Equity 0.00

P/E ratio 0.00

Fwd P/E (20.30)

P/S ratio 0.34

P/B ratio 0.00

Past 5Y EPS Growth —

This Y EPS Growth —

Next Y EPS Growth —

Next Y revenue growth 0.91%

Next 5Y EPS Growth —

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

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 3.62%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate 0.38

Annual Dividend Yield 12.06%

	total	individual payouts
2026	0.29	0.10 0.10 0.10
2025	0.38	0.10 0.10 0.10 0.10
2024	0.38	0.10 0.10 0.10 0.10
2023	0.38	0.10 0.10 0.10 0.10
2022	0.38	0.10 0.10 0.10 0.10
2021	0.38	0.10 0.10 0.10 0.10
2020	0.38	0.10 0.10 0.10 0.10
2019	0.48	0.10 0.10 0.10 0.10 0.10
2018	0.38	0.10 0.10 0.10 0.10
2017	0.37	0.09 0.10 0.10 0.10

special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	36	38	58	63
Receivables	5	6	9	6
Inventory	—	—	—	—
Other	—	—	—	—
	41	44	67	68

	2023	2024	2025	Q'26
Payables	21	19	18	25
ST’ Debt	—	—	—	—
Other	—	—	—	—
	1,227	1,285	1,296	1,305

Compound Annual Growth %

	10y	5y	3y
Sales	6.12%	4.51%	5.70%
Cash Flow	9.11%	7.14%	3.87%
Earnings	0.00%	0.00%	0.00%
Book Value	0.00%	0.00%	0.00%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	38	39	—	—	—
’25	39	39	38	37	153
’24	36	37	38	38	149
’23	34	35	35	35	138
’22	32	32	33	33	130
’21	31	31	31	31	123
’20	31	31	30	30	123

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	4	14	—	—	—
’25	7	8	1	6	23
’24	6	9	6	11	32
’23	7	10	0	9	26
’22	7	5	3	5	20
’21	7	2	4	(3)	11
’20	9	(4)	5	6	16

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	2	11	—	—	—
’25	(3)	36	(4)	5	35
’24	(16)	(11)	(9)	(1)	(37)
’23	(5)	3	(9)	(5)	(15)
’22	(7)	(6)	(8)	(5)	(25)
’21	0	(3)	(4)	(17)	(25)
’20	2	(10)	(6)	(1)	(16)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(0.30)	(0.19)	—	—	—
’25	(0.86)	(0.08)	(0.14)	(0.30)	(1.38)
’24	(0.09)	(0.11)	(0.07)	(0.07)	(0.41)
’23	(0.19)	(0.10)	(0.07)	(0.18)	(0.45)
’22	(0.09)	(0.08)	(0.08)	(0.10)	(0.36)
’21	(0.18)	(0.09)	(0.09)	(0.16)	(0.51)
’20	(0.02)	(0.13)	(0.09)	(0.10)	(0.31)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	9.43	7.62	8.50	4.32	6.77	6.08	4.40	3.38	3.31	Analyst estimates 2026–2028 Powerpack
	High	—	15.00	14.38	13.87	11.95	10.24	10.41	7.25	7.12	5.16
People
People	Employees	180	177	203	198	156	144	147	148	171	161
	Revenue/emp, $m	0.52	0.59	0.54	0.59	0.79	0.85	0.88	0.93	0.87	0.95
Income, $m
Income, $m	Revenue	93	104	110	116	123	123	130	138	149	153
	Gross margin, %	53.57	54.10	54.94	53.64	52.63	51.56	52.32	54.73	57.03	55.37
	EBT	(12)	(6)	(9)	(4)	(12)	(20)	(13)	(16)	(7)	(52)
	EBT margin, %	(13.27)	(5.77)	(8.18)	(3.55)	(9.95)	(16.31)	(9.69)	(11.26)	(4.42)	(34.16)
	Net income	(12)	(6)	(9)	(4)	(12)	(20)	(13)	(16)	(7)	(52)
	Depreciation	20	19	18	21	25	27	29	31	32	35
Per share, $
Per share, $	Revenue	8.14	6.11	6.18	6.52	6.97	7.64	8.08	8.60	9.23	9.49
	Earnings	(0.34)	(0.15)	(0.22)	(0.11)	(0.31)	(0.51)	(0.36)	(0.45)	(0.41)	(1.38)
	Cash flow	0.82	0.77	1.26	1.33	0.91	0.67	1.25	1.63	1.98	1.40
	Capex	(1.59)	(1.19)	(2.24)	(2.46)	(1.80)	(2.21)	(2.83)	(2.57)	(4.27)	0.75
	Free cash flow	(0.77)	(0.42)	(0.98)	(1.12)	(0.90)	(1.54)	(1.58)	(0.94)	(2.29)	2.15
	Book value	11.05	10.90	9.07	7.96	5.91	4.35	2.31	0.45	(0.88)	(5.00)
	Shares, m	11	17	18	18	18	16	16	16	16	16
Valuation, ×
Valuation, ×	P/E	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	P/S	5.48	1.64	2.12	1.63	1.01	1.30	0.83	0.62	0.50	0.40
	P/B	4.04	0.92	1.44	1.33	1.19	2.28	2.91	11.90	0.00	0.00
	EV/Sales	4.96	1.43	1.70	1.14	0.29	0.88	0.60	0.36	0.24	0.02
	EV/FCF	(126.67)	(20.60)	(10.67)	(6.59)	(2.23)	(4.35)	(3.07)	(3.29)	(0.97)	0.10
Cash, $m
Cash, $m	Operating cash flow	9	13	22	24	16	11	20	26	32	23
	Capex	(18)	(20)	(40)	(44)	(32)	(36)	(45)	(41)	(69)	12
	Free cash flow	(9)	(7)	(18)	(20)	(16)	(25)	(25)	(15)	(37)	35
Balance, $m
Balance, $m	Working capital	(710)	(824)	(877)	(950)	(995)	(1,088)	(1,143)	(1,185)	(1,241)	(1,229)
	Total debt	761	849	917	1,000	1,079	1,131	1,162	—	—	—
	Net debt	(49)	(22)	(46)	(57)	(89)	(52)	(31)	(36)	(38)	(58)
	Shareholders’ equity	126	186	161	142	104	70	37	7	(14)	(81)
Returns, %
Returns, %	ROA	(0.42)	(0.27)	(0.36)	(0.18)	(0.45)	(0.67)	(0.47)	(0.58)	(0.31)	(1.76)
	ROIC	20.79	11.25	17.55	24.67	133.20	85.19	265.20	0.00	0.00	0.00
	ROE	(2.75)	(1.66)	(2.25)	(1.31)	(4.38)	(9.47)	(10.70)	(32.37)	113.68	46.78

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
MRP Millrose Properties, Inc.	$3.4B	7.8×	9.3×	+32.11% (above 0%: growing)	+11.76% (above 0%: growing)	+61.32% (above 0%: growing)	84.81%	85.16%	Compare
UMH UMH Properties, Inc.	$1.3B	127×	111×	+7.50% (above 0%: growing)	+66.67% (above 0%: growing)	−8.46% (below 0%: shrinking)	55.24%	18.78%	Compare
CSR Centerspace	$989.4M	43.4×	— (loss-making)	−4.04% (below 0%: shrinking)	n/m	+133.15% (above 0%: growing)	86.14%	13.35%	Compare
NXRT NexPoint Residential Trust, Inc.	$476.4M	— (loss-making)	— (loss-making)	+2.31% (above 0%: growing)	n/m	+52.54% (above 0%: growing)	61.87%	10.92%	Compare
BRT BRT Apartments Corp.	$256.3M	— (loss-making)	— (loss-making)	+1.14% (above 0%: growing)	n/m	−32.50% (below 0%: shrinking)	100.00%	11.65%	Compare
AIV Apartment Investment and Management Company	$244.0M	0.4×	— (loss-making)	−271.99% (below 0%: shrinking)	n/m	+226.39% (above 0%: growing)	396.41%	6,653.82%	Compare
ELME Elme Communities	$155.5M	— (loss-making)	— (loss-making)	+1.72% (above 0%: growing)	n/m	−17.20% (below 0%: shrinking)	57.49%	(183.33%)	Compare
BHM Bluerock Homes Trust, Inc.	$92.6M	— (loss-making)	—	+15.03% (above 0%: growing)	n/m	+51.15% (above 0%: growing)	100.00%	(28.96%)	Compare
CLPR Clipper Realty Inc.	$51.6M	— (loss-making)	— (loss-making)	−1.18% (below 0%: shrinking)	n/m	−68.45% (below 0%: shrinking)	56.71%	24.34%
Median of peers	$366.4M	25.6×	—	+2.02%	—	+51.85%	85.48%	12.50%

All 19 Reit Residential stocks →

Clipper Realty Inc. (CLPR) key facts

Strength: Clipper Realty Inc.’s revenue for fiscal 2025 (year ended December 2025) was $153.2 million, up 2.98% from fiscal 2024.
Clipper Realty Inc. (CLPR) is a Reit Residential company in the Real Estate sector, listed on the New York Stock Exchange.
As of October 16, 2026, CLPR traded at $3.15, a market capitalization of $51.6 million.
Clipper Realty Inc. pays an annual dividend of $0.38 per share, a yield of 12.1%.
Return on equity was 46.8% and debt-to-equity 0.00.
Its Piotroski F-score is 5 out of 9 for fiscal 2025.