stockrow
Saturday 7 November 2026
Export PSTL’s income statement to Excel — free account
Postal Realty Trust, Inc.
PSTL Real Estate Reit Office
Postal Realty Trust, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $95.8 million, up 25.5% from fiscal 2024.
- Revenue
- +24.5%
- EPS
- +77.0%
- Free cash flow
- +36.4%
- Total debt
- +10.9%
Quarter to September 2026, against a year earlier
22.12
0.51
+2.36%
Follow PSTL
Alert me
Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Sep ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | — | — | 8 | 11 | 24 | 40 | 53 | 64 | 76 | 96 | 112 | +43.4% | 112 | 130 | 154 | +17.1% | |
| Gross margin, % | — | — | 75.69 | 77.20 | 79.47 | 76.50 | 76.01 | 75.87 | 75.16 | 78.05 | 78.55 | +2.4 pt | ||||||
| EBT | — | — | 1 | (1) | (1) | 3 | 5 | 5 | 8 | 18 | 24 | +49.5% | ||||||
| EBT margin, % | — | — | 14.15 | (12.87) | (2.26) | 6.68 | 8.92 | 7.31 | 11.05 | 18.92 | 21.68 | +4.8 pt | ||||||
| Net income | — | — | 1 | (1) | (1) | 3 | 5 | 5 | 8 | 18 | 24 | +48.3% | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | — | — | 0.00 | 2.19 | 3.49 | 2.92 | 2.88 | 3.16 | 3.38 | 3.94 | 3.68 | n/m | |||||
| Earnings | — | — | — | (0.29) | (0.10) | 0.19 | 0.26 | 0.23 | 0.21 | 0.47 | 0.64 | n/m | ||||||
| Cash flow | — | — | 0.00 | 0.55 | 1.34 | 1.25 | 1.33 | 1.41 | 1.48 | 1.83 | 1.62 | n/m | ||||||
| Capex | — | — | 0.00 | (0.03) | (0.14) | (0.14) | (0.20) | (0.14) | 0.14 | (0.23) | (0.13) | n/m | ||||||
| Free cash flow | — | — | 0.00 | 0.52 | 1.20 | 1.11 | 1.13 | 1.27 | 1.63 | 1.60 | 1.49 | n/m | ||||||
| Book value | — | — | 0.00 | 13.52 | 17.06 | 19.39 | 15.30 | 14.97 | 14.07 | 14.77 | 16.55 | n/m | ||||||
| Shares, m | — | — | — | 5 | 7 | 14 | 19 | 20 | 23 | 24 | 27 | +29.5% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | — | — | 0.00 | 0.00 | 0.00 | 138.08 | 81.54 | 70.29 | 62.14 | 35.09 | 34.56 | 48.4 | |||||
| P/S | — | — | 0.00 | 7.75 | 4.84 | 6.79 | 5.08 | 4.56 | 3.86 | 4.10 | 6.02 | 4.6 | ||||||
| P/B | — | — | 1.40 | 1.25 | 0.99 | 1.02 | 0.96 | 0.96 | 0.93 | 1.09 | 1.34 | 1.1 | ||||||
| EV/Sales | — | — | 0.00 | 11.72 | 9.83 | 8.62 | 8.44 | 8.05 | 7.51 | 7.69 | 9.31 | 7.7 | ||||||
| EV/FCF | — | — | 0.00 | 48.86 | 28.52 | 22.66 | 21.53 | 20.06 | 15.62 | 18.91 | 22.99 | 22.0 | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | — | — | 3 | 3 | 9 | 17 | 25 | 28 | 34 | 45 | 49 | +49.0% | |||||
| Capex | — | — | 0 | 0 | (1) | (2) | (4) | (3) | 3 | (6) | (4) | +76.5% | ||||||
| Free cash flow | — | — | 3 | 3 | 8 | 15 | 21 | 26 | 37 | 39 | 45 | +47.0% | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | — | — | (1) | 11 | 0 | 18 | 13 | 11 | 8 | 4 | 7 | n/m | |||||
| Net debt | — | — | 35 | 45 | 122 | 73 | 179 | 222 | 279 | 344 | 367 | +38.9% | ||||||
| Shareholders’ equity | — | — | (6) | 70 | 120 | 265 | 284 | 302 | 317 | 360 | 502 | n/m | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | — | — | 1.32 | (1.74) | (0.18) | 0.65 | 0.88 | 0.69 | 0.79 | 1.63 | 1.93 | +0.3 pt | |||||
| ROIC | — | — | 5.56 | 0.04 | 0.53 | 1.09 | 1.31 | 1.67 | 2.22 | 3.05 | 3.06 | (2.5) pt | ||||||
| ROE | — | — | 5.25 | (4.66) | (0.37) | 1.07 | 1.40 | 1.27 | 1.55 | 3.39 | 3.79 | (1.9) pt | ||||||
| People | ||||||||||||||||||
| People | Employees | — | — | 17 | 21 | 25 | 37 | 42 | 46 | 45 | 42 | — | +13.8% | |||||
| Revenue/emp, $m | — | — | 0.45 | 0.54 | 0.98 | 1.08 | 1.27 | 1.39 | 1.70 | 2.28 | — | +26.0% | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 6 Nov 2026
Postal Realty Trust, Inc. vs peers in Reit Office (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 |
|---|---|---|---|---|---|---|---|---|---|
| SLG SL Green Realty Corporation | $3.9B | — (loss-making) | 123× | +11.52% (above 0%: growing) | +188.57% (above 0%: growing) | +7,443.12% (above 0%: growing) | 44.79% | 6.38% | Compare |
| HIW Highwoods Properties, Inc. | $3.5B | 18.4× | 18.1× | +8.13% (above 0%: growing) | +157.42% (above 0%: growing) | +289.74% (above 0%: growing) | 67.18% | 26.24% | Compare |
| DEI Douglas Emmett, Inc. | $1.8B | — (loss-making) | — (loss-making) | +4.10% (above 0%: growing) | n/m | +41.06% (above 0%: growing) | 61.41% | 18.15% | Compare |
| PDM Piedmont Realty Trust, Inc. | $1.2B | — (loss-making) | — (loss-making) | +8.68% (above 0%: growing) | n/m | −4,096.18% (below 0%: shrinking) | 60.31% | 14.53% | Compare |
| DEA Easterly Government Properties, Inc. | $1.1B | 72.3× | 78.4× | +8.66% (above 0%: growing) | +337.82% (above 0%: growing) | −79.62% (below 0%: shrinking) | 65.93% | 25.59% | Compare |
| PSTL Postal Realty Trust, Inc. | $847.0M | 34.6× | 31.0× | +24.47% (above 0%: growing) | +77.00% (above 0%: growing) | +36.44% (above 0%: growing) | 79.22% | 39.31% | |
| BDN Brandywine Realty Trust | $540.7M | — (loss-making) | — (loss-making) | +3.48% (above 0%: growing) | n/m | +526.19% (above 0%: growing) | 58.53% | 37.51% | Compare |
| HPP Hudson Pacific Properties, Inc. | $486.0M | — (loss-making) | — (loss-making) | −3.07% (below 0%: shrinking) | n/m | +817.27% (above 0%: growing) | 45.56% | (4.30%) | Compare |
| OPI OFFIC PPTYS IT | $283.0M | — (loss-making) | — | +2.04% (above 0%: growing) | n/m | −358.26% (below 0%: shrinking) | 84.14% | (0.02%) | Compare |
| Median of peers | $1.1B | — | 78.4× | +6.11% | +188.57% | +165.40% | 60.86% | 16.34% |
Pay and ownership Proxy statement filed 1 April 2026
Chief executive’s pay
| Year | Total pay | Actually paid | $100 invested |
|---|---|---|---|
| 2025 | 3.69m | 8.66m | 136.17 |
| 2024 | 3.28m | 3.19m | 102.55 |
| 2023 | 2.59m | 3.73m | 106.94 |
Ownership
Directors and executive officers, together
12.50%
Andrew Spodek
11.60%
FMR LLC
7.70%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards
at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s
shares at the start of the earliest year shown was worth at each year’s end.
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more.
Read the proxy statement