NYSE : AXR
AMREP Corporation — Financial statements
Real Estate · Real Estate - Development · United States
Last price 21.11 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 111.63M
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Financial statements
AMREP Corporation (AXR) reported revenue of 41.05M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year May - April; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Operating Revenue | 37.28M | 49.29M | 46.90M | 44.01M | 47.37M | 58.93M |
| Other Revenue | 3.77M | 3.56M | 2.80M | 7.36M | 1.31M | |
| Revenue | 41.05M | 52.85M | 49.69M | 51.37M | 48.68M | 58.93M |
| Cost of Revenue | 25.38M | 31.43M | 30.31M | 36.90M | 29.78M | 32.27M |
| Gross Profit | 15.67M | 21.42M | 19.39M | 14.47M | 18.90M | 26.66M |
| Selling, General & Admin | 9.59M | 9.03M | 7.28M | 6.87M | 5.47M | 5.35M |
| Operating Expenses | 9.59M | 9.03M | 7.28M | 6.87M | 5.47M | 5.35M |
| Operating Income | 6.08M | 12.39M | 12.11M | 7.60M | 13.43M | 21.30M |
| Interest & Investment Income | 1.73M | 1.73M | 1.62M | 823.00K | 8.00K | 2.00K |
| Other Non Operating Income (Expenses) | -4.00K | 1.00K | ||||
| EBT Excluding Unusual Items | 7.81M | 14.13M | 13.72M | 8.43M | 13.44M | 21.31M |
| Gain (Loss) on Sale of Assets | 1.80M | |||||
| Other Unusual Items | -7.60M | 230.00K | ||||
| Pretax Income | 7.81M | 14.13M | 13.72M | 8.43M | 7.64M | 21.57M |
| Income Tax Expense | 1.94M | 3.84M | 1.01M | 1.74M | -14.15M | 5.70M |
| Earnings From Continuing Operations | 5.87M | 10.29M | 12.72M | 6.69M | 21.79M | 15.86M |
| Net Income | 5.87M | 10.29M | 12.72M | 6.69M | 21.79M | 15.86M |
| Net Income to Common | 5.87M | 10.29M | 12.72M | 6.69M | 21.79M | 15.86M |
| Shares Outstanding (Basic) | 5.34M | 5.34M | 5.32M | 5.30M | 5.28M | 7.17M |
| Shares Outstanding (Diluted) | 5.40M | 5.39M | 5.37M | 5.35M | 5.31M | 7.19M |
| EPS (Basic) | 1.10 | 1.93 | 2.39 | 1.26 | 4.13 | 2.21 |
| EPS (Diluted) | 1.09 | 1.91 | 2.37 | 1.25 | 4.11 | 2.21 |
| Free Cash Flow | -367.00K | 12.78M | 9.66M | 10.26M | 6.26M | 14.19M |
| Free Cash Flow Per Share | -0.07 | 2.37 | 1.80 | 1.92 | 1.18 | 1.97 |
| Gross Margin | 38.17% | 40.53% | 39.01% | 28.17% | 38.83% | 45.24% |
| Operating Margin | 14.82% | 23.45% | 24.36% | 14.80% | 27.58% | 36.15% |
| Profit Margin | 14.31% | 19.47% | 25.59% | 13.02% | 44.77% | 26.92% |
| Free Cash Flow Margin | -0.89% | 24.18% | 19.44% | 19.97% | 12.86% | 24.08% |
| EBITDA | 6.40M | 12.70M | 12.29M | 7.75M | 13.49M | 21.53M |
| EBITDA Margin | 15.58% | 24.04% | 24.72% | 15.09% | 27.71% | 36.53% |
| D&A For EBITDA | 313.00K | 312.00K | 179.00K | 149.00K | 63.00K | 225.00K |
| EBIT | 6.08M | 12.39M | 12.11M | 7.60M | 13.43M | 21.30M |
| EBIT Margin | 14.82% | 23.45% | 24.36% | 14.80% | 27.58% | 36.15% |
| Effective Tax Rate | 24.80% | 27.17% | 7.35% | 20.59% | 26.45% | |
| Revenue as Reported | 41.05M | 52.85M | 49.69M | 51.37M | 48.68M | 58.93M |
Balance sheet
Fiscal year May - April; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 48.68M | 52.33M | 39.47M | 29.69M | 19.99M | 15.72M |
| Cash & Short-Term Investments | 48.68M | 52.33M | 39.47M | 29.69M | 19.99M | 15.72M |
| Other Receivables | -104.00K | 317.00K | 27.00K | 41.00K | ||
| Receivables | -104.00K | 317.00K | 27.00K | 41.00K | ||
| Inventory | 68.89M | 66.56M | 66.75M | 65.98M | 65.62M | 67.25M |
| Prepaid Expenses | 1.22M | 1.17M | 470.00K | 942.00K | 1.54M | 366.00K |
| Restricted Cash | 366.00K | 362.00K | 455.00K | 547.00K | ||
| Total Current Assets | 119.16M | 120.31M | 107.46M | 97.19M | 87.19M | 83.34M |
| Property, Plant & Equipment | 2.11M | 2.29M | 2.23M | 1.81M | 1.44M | 1.39M |
| Long-Term Deferred Tax Assets | 5.76M | 5.77M | 8.97M | 11.04M | 12.49M | 958.00K |
| Other Long-Term Assets | 18.62M | 16.41M | 15.12M | 12.79M | 14.76M | 9.24M |
| Total Assets | 145.66M | 144.78M | 133.78M | 122.83M | 115.89M | 94.92M |
| Accounts Payable | 865.00K | 176.00K | 1.30M | 2.09M | 1.87M | 3.03M |
| Accrued Expenses | 1.91M | 2.20M | 1.08M | 901.00K | 1.03M | 1.24M |
| Current Portion of Long-Term Debt | 8.00K | |||||
| Current Income Taxes Payable | 104.00K | 3.65M | ||||
| Other Current Liabilities | 1.65M | 1.49M | 1.36M | 1.68M | 1.86M | 1.70M |
| Total Current Liabilities | 4.53M | 3.88M | 3.75M | 4.68M | 4.76M | 9.61M |
| Long-Term Debt | 17.00K | 10.00K | 26.00K | 35.00K | 44.00K | 2.03M |
| Long-Term Leases | 149.00K | 42.00K | 69.00K | 95.00K | 117.00K | |
| Total Liabilities | 4.54M | 4.04M | 3.81M | 4.78M | 4.89M | 11.76M |
| Common Stock | 532.00K | 531.00K | 528.00K | 526.00K | 526.00K | 524.00K |
| Additional Paid-In Capital | 33.99M | 33.90M | 33.41M | 32.99M | 32.69M | 32.38M |
| Retained Earnings | 106.59M | 106.31M | 96.02M | 83.31M | 76.62M | 54.83M |
| Comprehensive Income & Other | 1.23M | 1.17M | -4.57M | |||
| Shareholders' Equity | 141.11M | 140.74M | 129.96M | 118.05M | 111.00M | 83.16M |
| Total Liabilities & Equity | 145.66M | 144.78M | 133.78M | 122.83M | 115.89M | 94.92M |
| Total Debt | 17.00K | 167.00K | 68.00K | 104.00K | 139.00K | 2.15M |
| Net Cash (Debt) | 48.67M | 52.16M | 39.40M | 29.59M | 19.85M | 13.57M |
| Net Cash Per Share | 9.02 | 9.67 | 7.34 | 5.53 | 3.74 | 1.89 |
| Filing Date Shares Outstanding | 5.29M | 5.29M | 5.27M | 5.26M | 5.23M | 5.23M |
| Total Common Shares Outstanding | 5.29M | 5.27M | 5.26M | 5.24M | 5.23M | 5.22M |
| Working Capital | 114.63M | 116.43M | 103.71M | 92.52M | 82.44M | 73.73M |
| Book Value Per Share | 26.69 | 26.70 | 24.73 | 22.53 | 21.23 | 15.94 |
| Tangible Book Value | 141.11M | 140.74M | 129.96M | 118.05M | 111.00M | 83.16M |
| Tangible Book Value Per Share | 26.69 | 26.70 | 24.73 | 22.53 | 21.23 | 15.94 |
| Machinery | 569.00K | 569.00K | 567.00K | 542.00K | 366.00K | 240.00K |
Cash flow statement
Fiscal year May - April; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 5.87M | 10.29M | 12.72M | 6.69M | 21.79M | 15.86M |
| Depreciation & Amortization | 342.00K | 342.00K | 207.00K | 175.00K | 88.00K | 295.00K |
| Other Amortization | 84.00K | |||||
| Stock-Based Compensation | 468.00K | 447.00K | 423.00K | 317.00K | 238.00K | 217.00K |
| Other Operating Activities | 1.50M | 3.17M | 811.00K | 2.24M | -6.47M | 1.16M |
| Change in Inventory | -3.90M | 361.00K | -767.00K | -358.00K | -3.12M | -7.29M |
| Change in Accounts Payable | -1.41M | 305.00K | -1.07M | -42.00K | -1.25M | 1.49M |
| Change in Income Taxes | 188.00K | 421.00K | -290.00K | 15.00K | -3.69M | 3.55M |
| Change in Other Net Operating Assets | -3.34M | -2.45M | -1.78M | 1.68M | -1.19M | 113.00K |
| Operating Cash Flow | -281.00K | 12.88M | 10.24M | 10.71M | 6.39M | 15.48M |
| Capital Expenditures | -86.00K | -102.00K | -583.00K | -457.00K | -131.00K | -1.29M |
| Sale of Property, Plant & Equipment | 30.00K | |||||
| Other Investing Activities | 92.00K | |||||
| Investing Cash Flow | -86.00K | -102.00K | -553.00K | -457.00K | -131.00K | -1.20M |
| Long-Term Debt Issued | 50.00K | 6.86M | ||||
| Long-Term Debt Repaid | -8.00K | -9.00K | -9.00K | -2.04M | -8.26M | |
| Net Debt Issued (Repaid) | -7.00K | -8.00K | -9.00K | -9.00K | -1.99M | -1.41M |
| Repurchase of Common Stock | -21.90M | |||||
| Other Financing Activities | -50.00K | |||||
| Financing Cash Flow | -7.00K | -8.00K | -9.00K | -9.00K | -1.99M | -23.36M |
| Net Cash Flow | -374.00K | 12.77M | 9.68M | 10.25M | 4.27M | -9.08M |
| Free Cash Flow | -367.00K | 12.78M | 9.66M | 10.26M | 6.26M | 14.19M |
| Free Cash Flow Margin | -0.89% | 24.18% | 19.44% | 19.97% | 12.86% | 24.08% |
| Free Cash Flow Per Share | -0.07 | 2.37 | 1.80 | 1.92 | 1.18 | 1.97 |
| Levered Free Cash Flow | -1.22M | 8.62M | 6.22M | 4.47M | 4.19M | 6.10M |
| Unlevered Free Cash Flow | -1.22M | 8.62M | 6.22M | 4.47M | 4.19M | 6.02M |
| Cash Interest Paid | 57.00K | 203.00K | ||||
| Cash Income Tax Paid | 502.00K | 324.00K | -308.00K | -134.00K | -3.00K | |
| Change in Working Capital | -8.46M | -1.37M | -3.92M | 1.30M | -9.25M | -2.14M |
Ratios
Fiscal year May - April; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 108.51M | 145.22M | 118.51M | 106.31M | 72.68M | 67.11M |
| Enterprise Value | 59.84M | 95.25M | 81.60M | 83.29M | 60.53M | 45.54M |
| Last Close Price | 20.52 | 27.55 | 22.55 | 20.28 | 13.90 | 12.86 |
| PE Ratio | 18.79 | 14.12 | 9.32 | 15.89 | 3.33 | 4.23 |
| Forward PE | 20.94 | 15.65 | ||||
| PS Ratio | 2.64 | 2.75 | 2.38 | 2.07 | 1.49 | 1.14 |
| PB Ratio | 0.77 | 1.03 | 0.91 | 0.90 | 0.66 | 0.81 |
| P/TBV Ratio | 0.77 | 1.03 | 0.91 | 0.90 | 0.66 | 0.81 |
| P/FCF Ratio | 11.37 | 12.27 | 10.36 | 11.61 | 4.73 | |
| P/OCF Ratio | 11.28 | 11.57 | 9.92 | 11.38 | 4.34 | |
| EV/Sales Ratio | 1.46 | 1.80 | 1.64 | 1.62 | 1.24 | 0.77 |
| EV/EBITDA Ratio | 9.36 | 7.50 | 6.64 | 10.74 | 4.49 | 2.12 |
| EV/EBIT Ratio | 9.84 | 7.69 | 6.74 | 10.96 | 4.51 | 2.14 |
| EV/FCF Ratio | 7.46 | 8.45 | 8.12 | 9.67 | 3.21 | |
| Debt / Equity Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 |
| Debt / EBITDA Ratio | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.10 |
| Debt / FCF Ratio | 0.01 | 0.01 | 0.01 | 0.02 | 0.15 | |
| Net Debt / Equity Ratio | -0.34 | -0.37 | -0.30 | -0.25 | -0.18 | -0.16 |
| Net Debt / EBITDA Ratio | -7.61 | -4.11 | -3.21 | -3.82 | -1.47 | -0.63 |
| Net Debt / FCF Ratio | 132.61 | -4.08 | -4.08 | -2.88 | -3.17 | -0.96 |
| Asset Turnover | 0.29 | 0.38 | 0.39 | 0.43 | 0.46 | 0.61 |
| Inventory Turnover | 0.38 | 0.47 | 0.46 | 0.56 | 0.45 | 0.53 |
| Quick Ratio | 10.75 | 13.47 | 10.62 | 6.36 | 4.21 | 1.64 |
| Current Ratio | 26.32 | 31.04 | 28.68 | 20.79 | 18.33 | 8.67 |
| Return on Equity (ROE) | 4.26% | 7.60% | 10.25% | 5.84% | 22.45% | 18.44% |
| Return on Assets (ROA) | 2.66% | 5.56% | 5.90% | 3.98% | 7.96% | 13.85% |
| Return on Invested Capital (ROIC) | 5.05% | 10.08% | 12.53% | 6.72% | 16.71% | 22.84% |
| Return on Capital Employed (ROCE) | 4.30% | 8.80% | 9.30% | 6.40% | 12.10% | 25.00% |
| Earnings Yield | 5.32% | 7.08% | 10.73% | 6.29% | 29.98% | 23.63% |
| FCF Yield | -0.34% | 8.80% | 8.15% | 9.65% | 8.61% | 21.14% |
| Buyback Yield / Dilution | -0.43% | -0.45% | -0.41% | -0.75% | 26.22% | 7.46% |