AMERICAN REALTY INVESTORS INC
ARL· NYSE· Real Estate Operators (No Developers) & Lessors
- Market cap
- –
- P/FCF
- –
- EV/Sales
- –
- FCF margin
- –
- ROIC, 5 yr avg
- –
- Revenue, 5 yr CAGR
- -3.3%
We record prices for the companies we cover; ARL is not one of them yet.
Company statistics
Profile · FY2025
- Market cap
- –
- Enterprise value
- –
- Diluted shares
- 16.2M
- Revenue
- $50.0M
- Free cash flow
- –
- Owner earnings
- –
Valuation · FY2025
- P/E
- –
- P/FCF
- –
- P/Owner earnings
- –
- EV/Sales
- –
- EV/FCF
- –
- P/B
- –
Margins · FY2025
- Gross
- –
- Operating
- -12.9%
- Net
- 31.4%
- Free cash flow
- –
- Owner earnings
- –
- Stock pay
- –
Returns
- ROIC, FY2025
- –
- ROIC, 5 yr avg
- –
- ROE, FY2025
- 2.5%
- ROE, 5 yr avg
- 12.6%
Growth (CAGR)
- Revenue, 3 yr
- 10.0%
- Revenue, 5 yr
- -3.3%
- Revenue, 9 yr
- -9.2%
- Diluted EPS, 3 yr
- -65.2%
- Diluted EPS, 5 yr
- 11.6%
- Diluted EPS, 9 yr
- –
- Free cash flow, 3 yr
- –
- Free cash flow, 5 yr
- –
- Free cash flow, 9 yr
- –
Financial health · FY2025
- Cash and investments
- $89.1M
- Total debt
- $214.4M
- Net debt
- $125.2M
- Debt/Equity
- 0.3x
- Debt/FCF
- –
Shareholder returns · FY2025
- Dividend yield
- –
- Payout ratio
- –
- Buyback yield
- –
- Shareholder yield
- –
- Share count, 5 yr
- 0.1%
Financials: ten years from the 10-Ks
Revenue
$50.0M
-9.2% a year over 9 years
FY2016FY2025
Margins
Operating-12.9%Net31.4%
FY2025
FY2016FY2025
Diluted shares
16.2M
+4.1% over 9 years, net dilution
FY2016FY2025
Return on invested capital
–
FY2025
FY2016FY2025
Net debt (below zero)
-$125.2M
$125.2M more debt than cash
FY2016FY2025
Every figure, year by year
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| The business | ||||||||||
| Revenue | $119.7M | $126.2M | $149.9M | $59.0M | $59.0M | $42.0M | $37.5M | $50.5M | $47.3M | $50.0M |
| Revenue growth | – | 5.5% | 18.8% | -60.7% | 0.1% | -28.8% | -10.7% | 34.5% | -6.3% | 5.7% |
| Gross margin | – | – | – | – | – | – | – | – | – | – |
| Operating margin | 12.2% | 13.8% | 28.6% | -0.7% | -0.2% | -49.0% | -24.7% | -22.3% | -14.0% | -12.9% |
| Net income | -$2.7M | -$8.4M | $173.7M | -$16.0M | $9.0M | $3.3M | $373.3M | $4.0M | -$14.7M | $15.7M |
| Net margin | -2.3% | -6.7% | 115.8% | -27.1% | 15.3% | 8.0% | 994.4% | 7.9% | -31.1% | 31.4% |
| Diluted EPS | $-0.25 | $-0.61 | $10.35 | $-1.00 | $0.56 | $0.21 | $23.11 | $0.25 | $-0.91 | $0.97 |
| Return on invested capital? | – | – | 7.6% | – | – | – | – | – | – | – |
| Cash | ||||||||||
| Operating cash flow | $10.1M | -$30.1M | -$172.3M | -$40.6M | $3.5M | -$11.5M | -$45.4M | -$31.1M | $1.1M | -$5.6M |
| Capital expenditure | – | – | – | – | – | – | – | – | – | – |
| Free cash flow | – | – | – | – | – | – | – | – | – | – |
| Stock-based compensation | – | – | – | – | – | – | – | – | – | – |
| Owner earnings? | – | – | – | – | – | – | – | – | – | – |
| Free cash flow per share | – | – | – | – | – | – | – | – | – | – |
| Capital allocation | ||||||||||
| Dividends paid | – | – | – | – | – | – | – | – | – | – |
| Share repurchases | – | – | – | – | – | – | – | – | – | – |
| Diluted shares | 15.5M | 15.5M | 16.7M | 16.0M | 16.0M | 16.2M | 16.2M | 16.2M | 16.2M | 16.2M |
| Share count change? | 2.7% | 0.0% | 7.6% | -4.2% | 0.3% | 0.7% | 0.0% | 0.0% | 0.0% | 0.0% |
| Balance sheet | ||||||||||
| Cash and equivalents | $12.8M | $42.9M | $36.4M | $51.2M | $36.8M | $50.7M | $113.4M | $36.7M | $19.9M | $14.2M |
| Short-term investments | – | – | – | – | $0 | $16.0M | $119.8M | $90.4M | $79.8M | $75.0M |
| Total debt | $851.1M | $901.1M | $287.0M | $249.9M | $242.7M | $183.4M | $188.0M | $182.7M | $185.4M | $214.4M |
| Net debt | $838.3M | $858.2M | $250.5M | $198.6M | $205.9M | $116.6M | -$45.2M | $55.5M | $85.7M | $125.2M |
| Shareholders' equity | $121.9M | $112.1M | $258.3M | $239.5M | $236.8M | $240.1M | $613.5M | $617.0M | $601.8M | $617.4M |
Latest filings
| 2026-10-14 | DEF 14A | Proxy statement |
| 2026-08-06 | 8-K | Earnings release |
| 2026-08-06 | 10-Q | Quarterly report |
| 2026-05-07 | 8-K | Earnings release |
| 2026-05-07 | 10-Q | Quarterly report |
| 2026-03-12 | 8-K | Earnings release |
| 2026-03-12 | 10-K | Annual report |
| 2025-11-07 | DEF 14A | Proxy statement |
| 2025-11-06 | 10-Q | Quarterly report |
| 2025-11-06 | 8-K | Earnings release |
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