NYSE : OLP
One Liberty Properties, Inc. — Financial statements
Real Estate · REIT - Diversified · United States
Last price 22.54 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 491.94M
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Rental Revenue | 102.47M | 97.16M | 90.31M | 90.65M | 92.19M | 82.18M |
| Other Revenue | 19.00K | 101.00K | 143.00K | -904.00K | 400.00K | 202.00K |
| Total Revenue | 102.49M | 97.26M | 90.46M | 89.74M | 92.59M | 82.38M |
| Property Expenses | 20.87M | 19.95M | 17.91M | 16.73M | 15.79M | 14.09M |
| Selling, General & Administrative | 17.34M | 17.11M | 16.18M | 15.82M | 15.26M | 14.31M |
| Depreciation & Amortization | 30.00M | 26.35M | 23.50M | 24.79M | 23.78M | 22.83M |
| Other Operating Expenses | -1.33M | -66.00K | -250.00K | -25.00K | -560.00K | |
| Total Operating Expenses | 66.88M | 63.35M | 57.33M | 57.34M | 54.81M | 50.67M |
| Operating Income | 35.61M | 33.91M | 33.12M | 32.40M | 37.78M | 31.71M |
| Interest Expense | -26.44M | -23.80M | -20.43M | -19.62M | -18.68M | -18.91M |
| Interest & Investment Income | 59.00K | |||||
| Other Non-Operating Income | 339.00K | 609.00K | 1.19M | 234.00K | 1.00M | 15.00K |
| EBT Excluding Unusual Items | 9.51M | 10.72M | 13.88M | 13.02M | 20.10M | 12.87M |
| Gain (Loss) on Sale of Investments | 991.00K | 991.00K | -108.00K | 805.00K | ||
| Gain (Loss) on Sale of Assets | 28.36M | 18.69M | 18.01M | 17.01M | 16.76M | 25.46M |
| Total Insurance Settlements | 695.00K | |||||
| Asset Writedown | -4.74M | -4.59M | -1.09M | |||
| Total Legal Settlements | 1.30M | 1.30M | 5.39M | |||
| Other Unusual Items | -801.00K | |||||
| Pretax Income | 35.42M | 27.11M | 30.80M | 29.92M | 42.25M | 39.03M |
| Earnings From Continuing Operations | 35.42M | 27.11M | 30.80M | 29.92M | 42.25M | 39.03M |
| Minority Interest in Earnings | -642.00K | -1.63M | -381.00K | -304.00K | -76.00K | -177.00K |
| Net Income | 34.78M | 25.47M | 30.42M | 29.61M | 42.18M | 38.86M |
| Preferred Dividends & Other Adjustments | 1.41M | 1.33M | 1.31M | 1.29M | 1.43M | 1.33M |
| Net Income to Common | 33.37M | 24.14M | 29.11M | 28.32M | 40.74M | 37.53M |
| Basic Shares Outstanding | 20.98M | 20.87M | 20.60M | 20.50M | 20.36M | 20.09M |
| Diluted Shares Outstanding | 21.03M | 20.91M | 20.72M | 20.56M | 20.45M | 20.26M |
| EPS (Basic) | 1.59 | 1.16 | 1.41 | 1.38 | 2.00 | 1.87 |
| EPS (Diluted) | 1.58 | 1.15 | 1.40 | 1.38 | 1.99 | 1.85 |
| Dividend Per Share | 1.80 | 1.80 | 1.80 | 1.80 | 1.80 | 1.80 |
| Operating Margin | 34.74% | 34.87% | 36.62% | 36.11% | 40.81% | 38.49% |
| Profit Margin | 32.56% | 24.82% | 32.18% | 31.56% | 44.00% | 45.56% |
| EBITDA | 59.34M | 54.46M | 51.56M | 51.53M | 56.01M | 49.05M |
| EBITDA Margin | 57.89% | 55.99% | 57.00% | 57.42% | 60.49% | 59.55% |
| D&A For Ebitda | 23.72M | 20.55M | 18.44M | 19.13M | 18.23M | 17.35M |
| EBIT | 35.61M | 33.91M | 33.12M | 32.40M | 37.78M | 31.71M |
| EBIT Margin | 34.74% | 34.87% | 36.62% | 36.11% | 40.81% | 38.49% |
| Funds From Operations (FFO) | 41.65M | 39.17M | 38.03M | 39.00M | 49.67M | 36.09M |
| FFO Per Share | 1.80 | 1.77 | 1.82 | 2.34 | 1.72 | |
| Adjusted Funds From Operations (AFFO) | 42.17M | 41.56M | 41.16M | 42.59M | 42.13M | 41.05M |
| AFFO Per Share | 1.94 | 1.91 | 1.91 | 1.99 | 1.98 | 1.95 |
| FFO Payout Ratio | 71.09% | 99.58% | 101.14% | 97.78% | 76.20% | 103.39% |
| Revenue as Reported | 103.80M | 97.23M | 90.56M | 90.65M | 92.22M | 82.74M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Property, Plant & Equipment | 802.96M | 779.67M | 674.73M | 684.70M | 712.85M | 683.81M |
| Cash & Equivalents | 13.09M | 14.43M | 42.31M | 26.43M | 6.72M | 16.16M |
| Accounts Receivable | 17.68M | 17.27M | 16.99M | 16.66M | 16.08M | 14.33M |
| Other Intangible Assets | 25.72M | 25.50M | 13.65M | 14.68M | 19.84M | 20.69M |
| Restricted Cash | 1.01M | 650.00K | 3.17M | 3.16M | 559.00K | 502.00K |
| Other Current Assets | 1.05M | 7.28M | ||||
| Trading Asset Securities | 16.00K | 208.00K | 824.00K | 1.81M | ||
| Deferred Long-Term Charges | 91.00K | 183.00K | 366.00K | 549.00K | ||
| Other Long-Term Assets | 10.51M | 19.84M | 15.53M | 14.60M | 25.39M | 10.17M |
| Total Assets | 872.11M | 857.57M | 766.95M | 761.61M | 783.25M | 752.95M |
| Current Portion of Long-Term Debt | 14.33M | 28.88M | ||||
| Current Portion of Leases | 314.00K | 627.00K | ||||
| Long-Term Debt | 513.99M | 488.47M | 420.56M | 418.35M | 426.23M | 409.34M |
| Long-Term Leases | 2.04M | 1.96M | ||||
| Accrued Expenses | 13.34M | 14.68M | 16.02M | 15.50M | 19.27M | 17.44M |
| Other Current Liabilities | 10.52M | 11.54M | 10.05M | 9.92M | 9.69M | 9.45M |
| Other Long-Term Liabilities | 12.98M | 11.62M | 11.75M | 10.10M | 11.12M | 10.44M |
| Total Liabilities | 567.51M | 557.77M | 458.38M | 453.86M | 466.32M | 446.68M |
| Common Stock | 21.07M | 20.92M | 20.70M | 20.32M | 20.36M | 20.24M |
| Additional Paid-In Capital | 344.02M | 341.39M | 335.54M | 326.38M | 325.89M | 322.79M |
| Distributions in Excess of Earnings | -60.68M | -62.72M | -49.02M | -40.84M | -32.10M | -36.19M |
| Comprehensive Income & Other | 16.00K | 208.00K | 844.00K | 1.81M | -1.51M | |
| Total Common Equity | 304.41M | 299.60M | 307.43M | 306.70M | 315.96M | 305.33M |
| Minority Interest | 187.00K | 194.00K | 1.15M | 1.04M | 972.00K | 946.00K |
| Shareholders' Equity | 304.60M | 299.80M | 308.57M | 307.75M | 316.94M | 306.28M |
| Total Liabilities & Equity | 872.11M | 857.57M | 766.95M | 761.61M | 783.25M | 752.95M |
| Total Debt | 530.68M | 519.93M | 420.56M | 418.35M | 426.23M | 409.34M |
| Net Cash (Debt) | -517.59M | -505.48M | -378.03M | -391.09M | -417.70M | -393.18M |
| Net Cash Per Share | -24.62 | -24.17 | -18.24 | -19.03 | -20.42 | -19.40 |
| Filing Date Shares Outstanding | 21.83M | 21.81M | 21.59M | 21.25M | 21.28M | 21.12M |
| Total Common Shares Outstanding | 21.07M | 20.92M | 20.70M | 20.32M | 20.36M | 20.24M |
| Book Value Per Share | 14.44 | 14.32 | 14.85 | 15.09 | 15.52 | 15.09 |
| Tangible Book Value | 278.69M | 274.10M | 293.78M | 292.02M | 296.12M | 284.64M |
| Tangible Book Value Per Share | 13.22 | 13.10 | 14.19 | 14.37 | 14.54 | 14.06 |
| Land | 154.71M | 153.14M | 165.71M | 172.31M | 181.81M | 180.18M |
| Buildings | 837.20M | 819.11M | 695.04M | 692.35M | 697.79M | 657.46M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 34.78M | 25.47M | 30.42M | 29.61M | 42.18M | 38.86M |
| Depreciation & Amortization | 23.72M | 20.55M | 18.44M | 19.13M | 18.23M | 17.35M |
| Other Amortization | 6.90M | 6.79M | 5.74M | 5.66M | 5.84M | 5.67M |
| Gain (Loss) on Sale of Assets | -28.36M | -18.69M | -18.01M | -17.01M | -16.76M | -25.46M |
| Gain (Loss) on Sale of Investments | -991.00K | -991.00K | 108.00K | -805.00K | ||
| Asset Writedown | 4.74M | 4.59M | 1.09M | |||
| Stock-Based Compensation | 5.21M | 5.33M | 4.96M | 5.37M | 5.51M | 5.43M |
| Income (Loss) on Equity Investments | 1.43M | 1.34M | -50.00K | 1.10M | -228.00K | 1.24M |
| Change in Other Net Operating Assets | -6.32M | -6.21M | -1.61M | 4.41M | -5.67M | 7.77M |
| Other Operating Activities | -2.54M | -670.00K | -1.97M | -2.46M | -4.89M | -1.49M |
| Operating Cash Flow | 38.56M | 37.52M | 39.06M | 46.05M | 44.20M | 48.56M |
| Acquisition of Real Estate Assets | -164.50M | -195.25M | -48.70M | -15.03M | -56.49M | -30.39M |
| Sale of Real Estate Assets | 74.68M | 69.00M | 58.40M | 40.84M | 30.25M | 52.69M |
| Net Sale / Acq. of Real Estate Assets | -89.82M | -126.25M | 9.71M | 25.81M | -26.23M | 22.30M |
| Investment in Marketable & Equity Securities | 1.01M | 1.55M | 7.14M | 97.00K | ||
| Other Investing Activities | 918.00K | 975.00K | ||||
| Investing Cash Flow | -88.81M | -122.88M | 9.71M | 32.95M | -25.32M | 23.37M |
| Long-Term Debt Issued | 153.52M | 78.14M | 77.35M | 123.99M | 31.80M | |
| Long-Term Debt Repaid | -56.00M | -75.72M | -90.04M | -110.41M | -66.94M | |
| Net Debt Issued (Repaid) | 73.79M | 97.52M | 2.41M | -12.69M | 13.58M | -35.14M |
| Issuance of Common Stock | 636.00K | 735.00K | 4.63M | 4.72M | 3.00M | 4.36M |
| Repurchase of Common Stock | -9.64M | -5.24M | ||||
| Common Dividends Paid | -29.61M | -39.01M | -38.46M | -38.13M | -37.85M | -37.32M |
| Other Financing Activities | -2.41M | -4.29M | -1.45M | -949.00K | -1.76M | -729.00K |
| Net Cash Flow | -7.85M | -30.40M | 15.89M | 22.32M | -9.39M | 3.10M |
| Levered Free Cash Flow | 43.81M | 41.37M | 37.40M | 31.42M | 49.06M | 51.77M |
| Unlevered Free Cash Flow | 59.23M | 55.25M | 49.20M | 42.84M | 59.62M | 62.61M |
| Cash Interest Paid | 25.08M | 22.35M | 19.36M | 18.80M | 17.48M | 18.97M |
| Change in Working Capital | -6.32M | -6.21M | -1.61M | 4.41M | -5.67M | 7.77M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 486.26M | 439.18M | 582.58M | 461.55M | 468.26M | 737.75M |
| Enterprise Value | 1.00B | 881.90M | 987.02M | 887.77M | 878.34M | 1.14B |
| Last Close Price | 22.23 | 19.12 | 23.78 | 17.81 | 16.55 | 24.47 |
| Price/FFO Ratio | 10.62 | 13.43 | 9.78 | 7.08 | 14.23 | |
| Price/AFFO Ratio | 12.30 | 10.01 | 12.45 | 8.95 | 8.36 | 12.55 |
| PE Ratio | 14.07 | 18.19 | 20.02 | 16.30 | 11.49 | 19.66 |
| PS Ratio | 4.73 | 4.51 | 6.44 | 5.14 | 5.06 | 8.96 |
| PB Ratio | 1.54 | 1.47 | 1.89 | 1.50 | 1.48 | 2.41 |
| P/OCF Ratio | 12.58 | 11.71 | 14.91 | 10.02 | 10.60 | 15.19 |
| EV/Sales Ratio | 9.78 | 9.07 | 10.91 | 9.89 | 9.49 | 13.85 |
| EV/EBITDA Ratio | 16.90 | 16.19 | 19.14 | 17.23 | 15.68 | 23.26 |
| EV/EBIT Ratio | 28.16 | 26.00 | 29.80 | 27.40 | 23.25 | 35.98 |
| Debt / Equity Ratio | 1.74 | 1.73 | 1.36 | 1.36 | 1.34 | 1.34 |
| Debt / EBITDA Ratio | 8.81 | 9.39 | 8.16 | 8.12 | 7.61 | 8.34 |
| Net Debt / Equity Ratio | 1.70 | 1.69 | 1.23 | 1.27 | 1.32 | 1.28 |
| Net Debt / EBITDA Ratio | 8.72 | 9.28 | 7.33 | 7.59 | 7.46 | 8.02 |
| Asset Turnover | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.11 |
| Quick Ratio | 0.80 | 0.57 | 2.28 | 1.73 | 0.85 | 1.13 |
| Current Ratio | 0.85 | 0.58 | 2.40 | 1.85 | 0.87 | 1.42 |
| Return on Equity (ROE) | 11.65% | 8.91% | 9.99% | 9.58% | 13.56% | 13.05% |
| Return on Assets (ROA) | 2.67% | 2.61% | 2.71% | 2.62% | 3.07% | 2.59% |
| Earnings Yield | 7.11% | 5.80% | 5.22% | 6.42% | 9.01% | 5.27% |
| Dividend Yield | 8.10% | 8.57% | 6.40% | 7.93% | 7.83% | 4.94% |
| Payout Ratio | 113.71% | 153.12% | 126.45% | 128.76% | 89.73% | 96.04% |
| Buyback Yield / Dilution | -0.70% | -0.92% | -0.81% | -0.50% | -0.93% | -3.39% |
| Total Shareholder Return | 7.40% | 7.66% | 5.59% | 7.42% | 6.89% | 1.54% |