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

Alpine Income Property Trust, Inc.

Alpine Income Property Trust, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $60.5 million, up 15.9% from fiscal 2024. In the quarter to June 2026, revenue grew 34.6%, EPS grew 250.0%, free cash flow fell 149.5% and total debt rose 4.25%, each against the same quarter a year earlier. Dividend growth for five consecutive years, revenue growth for five.

17.91 0.03 +0.17%

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Market cap: $320.7M
P/E: 81.4×
Fwd P/E: 37.9×
Dividend yield: 6.73%
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 sells 0.26

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	1	—	—	1	—	2	1	1	—	—	—

Insider Ownership 2.97%

Capital & Financial Ratios $m

Market Cap 320.68

Revenue 69.87

Net Income 7.02

Free Cash Flow (16.53)

Net Debt 341.48

Current Ratio 1.85

Debt/Equity 1.03

P/E ratio 81.41

Fwd P/E 37.90

P/S ratio 4.37

P/B ratio 0.85

Past 5Y EPS Growth —

This Y EPS Growth 365.38%

Next Y EPS Growth 11.65%

Next Y revenue growth 30.28%

Next 5Y EPS Growth 1.23%

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 50.88%

10-year low 10-year high

P/S against its own 10 years 19.82%

10-year low 10-year high

P/B against its own 10 years 58.14%

10-year low 10-year high

EV/Sales against its own 10 years 5.33%

10-year low 10-year high

Dividends

Payout Ratio 6.34

Annual Dividend Rate 1.21

Annual Dividend Yield 6.73%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	1.24	0.30 0.30 0.32
2025	1.14	0.29 0.29 0.29 0.29
2024	1.11	0.28 0.28 0.28 0.28
2023	1.10	0.28 0.28 0.28 0.28
2022	1.09	0.27 0.27 0.28 0.28
2021	1.02	0.24 0.25 0.26 0.27
2020	0.82	0.20 0.20 0.20 0.22
2019	0.06	0.06
2018	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	14	8	39	26
Receivables	—	—	—	—
Inventory	—	—	—	—
Other	—	—	—	—
	14	8	39	26

	2023	2024	2025	Q'26
Payables	6	8	8	14
ST’ Debt	—	—	—	—
Other	—	—	—	—
	6	8	8	14

Compound Annual Growth %

	10y	5y	3y
Sales	—	25.75%	10.23%
Cash Flow	—	22.35%	1.47%
Earnings	—	0.00%	0.00%
Book Value	—	15.11%	0.66%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	18	20	—	—	—
’25	14	15	15	17	61
’24	12	12	13	14	52
’23	11	11	12	12	46
’22	11	11	12	12	45
’21	6	7	8	9	30
’20	4	5	5	5	19

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	4	6	—	—	—
’25	6	8	9	2	26
’24	7	8	6	2	23
’23	5	8	5	4	23
’22	6	7	4	7	25
’21	4	5	4	4	17
’20	3	1	4	2	9

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	10	(14)	—	—	—
’25	(23)	29	(17)	5	(6)
’24	6	0	47	(42)	10
’23	61	(31)	5	10	45
’22	(60)	35	16	(5)	(14)
’21	(18)	(39)	(47)	(75)	(179)
’20	(45)	(28)	(16)	98	(104)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.06	0.16	—	—	—
’25	(0.08)	(0.12)	(0.09)	0.06	(0.22)
’24	(0.02)	0.02	0.21	(0.06)	0.14
’23	0.21	0.01	(0.05)	0.02	0.19
’22	0.06	1.05	0.72	0.34	2.17
’21	0.05	0.03	0.07	0.64	0.89
’20	0.00	0.03	0.06	0.02	0.11

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	—	18.30	7.74	14.15	15.41	14.25	14.33	13.10	Analyst estimates 2026–2028 Powerpack
	High	—	—	—	19.09	19.84	20.75	21.07	20.79	19.42	17.88
People
People	Employees	—	—	—	—	—	—	—	—	—	—
	Revenue/emp, $m	—	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Income, $m
Income, $m	Revenue	—	9	12	13	19	30	45	46	52	61
	Gross margin, %	—	0.00	86.18	84.61	87.97	87.81	87.97	85.58	85.08	86.86
	EBT	—	3	4	4	1	11	34	3	2	(3)
	EBT margin, %	—	33.07	34.26	27.10	5.95	38.05	75.14	7.16	4.32	(4.77)
	Net income	—	3	4	4	1	11	34	3	2	(3)
	Depreciation	—	—	5	6	10	16	24	26	26	28
Per share, $
Per share, $	Revenue	—	1.08	1.48	1.67	2.54	3.08	3.77	3.28	3.77	4.22
	Earnings	—	0.36	0.51	0.39	0.13	1.02	2.48	0.21	0.15	(0.22)
	Cash flow	—	0.67	0.71	1.13	1.24	1.76	2.06	1.66	1.69	1.80
	Capex	—	0.00	(0.66)	(19.35)	(15.01)	(20.04)	(3.24)	1.59	(0.98)	(2.24)
	Free cash flow	—	0.67	0.06	(18.22)	(13.77)	(18.28)	(1.18)	3.26	0.71	(0.44)
	Book value	—	1.00	15.71	20.33	19.65	23.30	24.66	19.79	19.95	21.03
	Shares, m	—	8	8	8	8	10	12	14	14	14
Valuation, ×
Valuation, ×	P/E	—	23.75	23.75	237.88	122.97	22.27	7.67	82.07	114.76	0.00
	P/S	—	0.00	0.00	0.00	5.81	6.51	5.06	5.17	4.46	3.96
	P/B	—	0.00	0.00	0.00	0.75	0.86	0.77	0.86	0.84	0.80
	EV/Sales	—	0.00	0.00	0.00	11.26	15.08	10.69	10.91	10.08	9.55
	EV/FCF	—	0.00	0.00	0.00	23.07	(2.54)	(34.19)	10.98	53.21	(91.52)
Cash, $m
Cash, $m	Operating cash flow	—	5	6	9	9	17	25	23	23	26
	Capex	—	—	(5)	(153)	(114)	(196)	(39)	22	(14)	(32)
	Free cash flow	—	5	0	(144)	(104)	(179)	(14)	45	10	(6)
Balance, $m
Balance, $m	Working capital	—	—	0	11	0	7	9	8	0	31
	Total debt	—	2	2	2	107	268	267	276	301	378
	Net debt	—	2	2	(10)	105	258	254	262	294	339
	Shareholders’ equity	—	8	124	161	149	228	295	276	276	301
Returns, %
Returns, %	ROA	—	2.23	3.18	2.47	0.46	2.60	5.51	0.51	0.35	(0.49)
	ROIC	—	0.00	1.99	1.51	0.64	1.95	4.95	1.53	1.54	1.28
	ROE	—	4.26	6.08	2.52	0.64	5.29	11.36	1.02	0.75	(1.11)

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
FCPT Four Corners Property Trust, Inc.	$2.4B	19.8×	20.9×	+7.65% (above 0%: growing)	−3.57% (below 0%: shrinking)	+15.78% (above 0%: growing)	85.43%	55.08%	Compare
IVT InvenTrust Properties Corp.	$2.3B	151×	192×	+12.62% (above 0%: growing)	−98.39% (below 0%: shrinking)	−134.17% (below 0%: shrinking)	72.76%	15.29%	Compare
NTST NETSTREIT Corp.	$1.8B	120×	60.6×	+26.92% (above 0%: growing)	+50.00% (above 0%: growing)	−756.51% (below 0%: shrinking)	90.67%	32.17%	Compare
GTY Getty Realty Corporation	$1.8B	17.2×	22.6×	+10.88% (above 0%: growing)	+50.00% (above 0%: growing)	−85.46% (below 0%: shrinking)	96.01%	59.10%	Compare
CBL CBL & Associates Properties, Inc.	$1.5B	7.0×	14.9×	+3.96% (above 0%: growing)	+1,775.00% (above 0%: growing)	+40.87% (above 0%: growing)	65.39%	30.53%	Compare
ALX Alexander's, Inc.	$1.2B	7.1×	— (loss-making)	+6.05% (above 0%: growing)	+2,441.18% (above 0%: growing)	+520.77% (above 0%: growing)	51.12%	30.11%	Compare
BFS Saul Centers, Inc.	$720.3M	30.4×	57.9×	+8.41% (above 0%: growing)	−27.27% (below 0%: shrinking)	+724.34% (above 0%: growing)	70.88%	15.04%	Compare
PINE Alpine Income Property Trust, Inc.	$320.7M	81.4×	37.9×	+34.58% (above 0%: growing)	n/m	−149.47% (below 0%: shrinking)	89.58%	43.53%
SITC SITE CENTERS CORP.	$158.0M	1.4×	— (loss-making)	−68.05% (below 0%: shrinking)	n/m	−59.51% (below 0%: shrinking)	53.72%	(78.36%)	Compare
Median of peers	$1.6B	18.5×	40.3×	+8.03%	+50.00%	−21.86%	71.82%	30.32%

All 26 Reit Retail stocks →

Alpine Income Property Trust, Inc. (PINE) key facts

Strength: Alpine Income Property Trust, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $60.5 million, up 15.9% from fiscal 2024.
Alpine Income Property Trust, Inc. (PINE) is a Reit Retail company in the Real Estate sector, listed on the New York Stock Exchange.
As of October 16, 2026, PINE traded at $17.91, a market capitalization of $320.7 million.
Alpine Income Property Trust, Inc. pays an annual dividend of $1.21 per share, a yield of 6.73%.
Return on equity was −1.11% and debt-to-equity 1.03.
Its Piotroski F-score is 5 out of 9 for fiscal 2025.