Annual Income Statements for Alexander's
This table shows Alexander's' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.
Quarterly Income Statements for Alexander's
This table shows Alexander's' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.
Metric |
|
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Q2 2025 |
Net Income / (Loss) Attributable to Common Shareholders |
|
13 |
11 |
64 |
11 |
16 |
16 |
8.38 |
6.68 |
12 |
12 |
6.12 |
Consolidated Net Income / (Loss) |
|
13 |
11 |
64 |
11 |
16 |
16 |
8.38 |
6.68 |
12 |
12 |
6.12 |
Net Income / (Loss) Continuing Operations |
|
13 |
11 |
64 |
11 |
16 |
16 |
8.38 |
6.68 |
12 |
12 |
6.12 |
Total Pre-Tax Income |
|
13 |
11 |
10 |
11 |
16 |
16 |
8.38 |
6.68 |
12 |
12 |
6.12 |
Total Revenue |
|
48 |
45 |
45 |
46 |
53 |
52 |
44 |
43 |
49 |
48 |
43 |
Net Interest Income / (Expense) |
|
-5.18 |
-7.93 |
-8.67 |
-9.55 |
-9.89 |
-9.07 |
-9.17 |
-13 |
-7.00 |
-6.85 |
-8.87 |
Total Interest Income |
|
5.50 |
4.32 |
4.52 |
6.62 |
6.78 |
7.16 |
7.05 |
6.11 |
4.11 |
3.95 |
3.93 |
Investment Securities Interest Income |
|
- |
4.32 |
4.52 |
6.62 |
6.78 |
7.16 |
7.05 |
6.11 |
4.11 |
3.95 |
3.93 |
Total Interest Expense |
|
11 |
12 |
13 |
16 |
17 |
16 |
16 |
19 |
11 |
11 |
13 |
Long-Term Debt Interest Expense |
|
11 |
12 |
13 |
16 |
17 |
16 |
16 |
19 |
11 |
11 |
13 |
Total Non-Interest Income |
|
53 |
53 |
54 |
55 |
63 |
61 |
53 |
56 |
56 |
55 |
52 |
Other Non-Interest Income |
|
53 |
53 |
54 |
55 |
63 |
61 |
53 |
56 |
56 |
55 |
52 |
Total Non-Interest Expense |
|
33 |
34 |
35 |
35 |
37 |
36 |
36 |
36 |
37 |
36 |
37 |
Other Operating Expenses |
|
1.35 |
1.36 |
1.91 |
1.58 |
1.50 |
1.48 |
2.16 |
1.42 |
1.46 |
1.59 |
1.96 |
Depreciation Expense |
|
7.53 |
7.48 |
8.08 |
7.93 |
9.41 |
9.48 |
8.70 |
7.97 |
8.64 |
8.60 |
8.71 |
Other Special Charges |
|
24 |
25 |
25 |
26 |
26 |
25 |
25 |
26 |
27 |
26 |
26 |
Basic Earnings per Share |
|
$2.56 |
$2.19 |
$12.51 |
$2.10 |
$3.17 |
$3.14 |
$1.63 |
$1.30 |
$2.39 |
$2.40 |
$1.19 |
Weighted Average Basic Shares Outstanding |
|
5.13M |
5.13M |
5.13M |
5.13M |
5.13M |
5.13M |
5.13M |
5.13M |
5.13M |
5.13M |
5.13M |
Diluted Earnings per Share |
|
$2.56 |
$2.19 |
$12.51 |
$2.10 |
$3.17 |
$3.14 |
$1.63 |
$1.30 |
$2.39 |
$2.40 |
$1.19 |
Weighted Average Diluted Shares Outstanding |
|
5.13M |
5.13M |
5.13M |
5.13M |
5.13M |
5.13M |
5.13M |
5.13M |
5.13M |
5.13M |
5.13M |
Weighted Average Basic & Diluted Shares Outstanding |
|
5.11M |
5.11M |
5.11M |
5.11M |
5.11M |
5.11M |
5.11M |
5.11M |
5.11M |
5.11M |
5.11M |
Annual Cash Flow Statements for Alexander's
This table details how cash moves in and out of Alexander's' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.
Metric |
|
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Net Change in Cash & Equivalents |
|
-120 |
32 |
30 |
19 |
-104 |
24 |
136 |
34 |
-269 |
338 |
-159 |
Net Cash From Operating Activities |
|
49 |
106 |
131 |
123 |
74 |
126 |
78 |
118 |
103 |
109 |
54 |
Net Cash From Continuing Operating Activities |
|
49 |
106 |
131 |
123 |
74 |
126 |
78 |
118 |
103 |
109 |
54 |
Net Income / (Loss) Continuing Operations |
|
68 |
77 |
86 |
81 |
33 |
60 |
42 |
133 |
58 |
102 |
43 |
Consolidated Net Income / (Loss) |
|
68 |
77 |
86 |
81 |
33 |
60 |
42 |
133 |
58 |
102 |
43 |
Depreciation Expense |
|
32 |
34 |
36 |
39 |
38 |
37 |
35 |
35 |
31 |
35 |
38 |
Amortization Expense |
|
- |
- |
- |
- |
- |
- |
- |
0.00 |
0.00 |
7.77 |
6.48 |
Non-Cash Adjustments to Reconcile Net Income |
|
-2.14 |
-0.82 |
2.80 |
4.69 |
6.32 |
2.81 |
34 |
-66 |
5.48 |
-52 |
14 |
Changes in Operating Assets and Liabilities, net |
|
-48 |
-3.56 |
5.17 |
-0.46 |
-4.12 |
27 |
-33 |
16 |
7.98 |
17 |
-48 |
Net Cash From Investing Activities |
|
-82 |
-25 |
-16 |
-202 |
-1.14 |
-9.45 |
-32 |
75 |
-279 |
322 |
-13 |
Net Cash From Continuing Investing Activities |
|
-82 |
-25 |
-16 |
-202 |
-1.14 |
-9.45 |
-32 |
75 |
-279 |
322 |
-13 |
Purchase of Property, Leasehold Improvements and Equipment |
|
-62 |
-50 |
-16 |
-3.43 |
-3.97 |
-9.45 |
-32 |
-20 |
-14 |
-4.68 |
-20 |
Purchase of Investment Securities |
|
-25 |
0.00 |
0.00 |
-200 |
- |
- |
0.00 |
0.00 |
-364 |
-11 |
0.00 |
Sale and/or Maturity of Investments |
|
- |
25 |
0.00 |
1.46 |
2.83 |
0.00 |
0.00 |
95 |
99 |
338 |
6.56 |
Net Cash From Financing Activities |
|
-88 |
-49 |
-85 |
97 |
-176 |
-92 |
90 |
-160 |
-92 |
-92 |
-200 |
Net Cash From Continuing Financing Activities |
|
-88 |
-49 |
-85 |
97 |
-176 |
-92 |
90 |
-160 |
-92 |
-92 |
-200 |
Issuance of Debt |
|
300 |
350 |
0.00 |
500 |
78 |
0.00 |
240 |
- |
0.00 |
0.00 |
400 |
Repayment of Debt |
|
-321 |
-327 |
-3.47 |
-316 |
-162 |
-0.02 |
-57 |
-68 |
-0.05 |
-0.10 |
-508 |
Payment of Dividends |
|
-66 |
-72 |
-82 |
-87 |
-92 |
-92 |
-92 |
-92 |
-92 |
-92 |
-92 |
Cash Interest Paid |
|
31 |
22 |
20 |
27 |
38 |
35 |
22 |
19 |
26 |
54 |
60 |
Quarterly Cash Flow Statements for Alexander's
This table details how cash moves in and out of Alexander's' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.
Metric |
|
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Q2 2025 |
Net Change in Cash & Equivalents |
|
-70 |
162 |
176 |
-24 |
24 |
-5.58 |
-23 |
-127 |
-3.34 |
-16 |
13 |
Net Cash From Operating Activities |
|
26 |
21 |
45 |
-1.54 |
45 |
17 |
12 |
-5.03 |
31 |
16 |
44 |
Net Cash From Continuing Operating Activities |
|
26 |
21 |
45 |
-1.54 |
45 |
17 |
12 |
-5.03 |
31 |
16 |
44 |
Net Income / (Loss) Continuing Operations |
|
13 |
11 |
64 |
11 |
16 |
16 |
8.38 |
6.68 |
12 |
12 |
6.12 |
Consolidated Net Income / (Loss) |
|
13 |
11 |
64 |
11 |
16 |
16 |
8.38 |
6.68 |
12 |
12 |
6.12 |
Depreciation Expense |
|
7.94 |
7.90 |
8.50 |
8.37 |
9.83 |
9.92 |
9.20 |
9.35 |
9.43 |
9.39 |
9.50 |
Amortization Expense |
|
- |
0.00 |
- |
4.05 |
3.72 |
3.40 |
2.51 |
0.31 |
0.27 |
0.18 |
0.15 |
Non-Cash Adjustments to Reconcile Net Income |
|
0.42 |
3.81 |
-49 |
-1.36 |
-6.17 |
6.54 |
1.19 |
2.94 |
3.39 |
3.18 |
3.57 |
Changes in Operating Assets and Liabilities, net |
|
4.80 |
-2.20 |
21 |
-23 |
21 |
-19 |
-9.77 |
-24 |
5.44 |
-9.34 |
24 |
Net Cash From Investing Activities |
|
-73 |
165 |
154 |
0.99 |
2.28 |
0.69 |
-0.30 |
-3.65 |
-9.95 |
-8.02 |
-6.61 |
Net Cash From Continuing Investing Activities |
|
-73 |
165 |
154 |
0.99 |
2.28 |
0.69 |
-0.30 |
-3.65 |
-9.95 |
-8.02 |
-6.61 |
Purchase of Property, Leasehold Improvements and Equipment |
|
-5.68 |
-2.06 |
-0.83 |
-0.90 |
-0.89 |
-2.48 |
-3.71 |
-3.65 |
-9.95 |
-8.02 |
-6.61 |
Net Cash From Financing Activities |
|
-23 |
-23 |
-23 |
-23 |
-23 |
-23 |
-34 |
-119 |
-24 |
-24 |
-24 |
Net Cash From Continuing Financing Activities |
|
-23 |
-23 |
-23 |
-23 |
-23 |
-23 |
-34 |
-119 |
-24 |
-24 |
-24 |
Repayment of Debt |
|
-0.04 |
-0.04 |
- |
-0.03 |
-0.04 |
0.00 |
-11 |
-495 |
-1.10 |
-0.79 |
-1.19 |
Payment of Dividends |
|
-23 |
-23 |
-23 |
-23 |
-23 |
-23 |
-23 |
-23 |
-23 |
-23 |
-23 |
Cash Interest Paid |
|
10 |
11 |
12 |
15 |
16 |
15 |
17 |
19 |
8.26 |
9.88 |
11 |
Annual Balance Sheets for Alexander's
This table presents Alexander's' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Total Assets |
|
1,418 |
1,448 |
1,451 |
1,632 |
1,286 |
1,266 |
1,404 |
1,392 |
1,398 |
1,404 |
1,341 |
Cash and Due from Banks |
|
228 |
259 |
289 |
308 |
283 |
298 |
429 |
464 |
195 |
532 |
339 |
Restricted Cash |
|
85 |
85 |
86 |
86 |
6.44 |
16 |
21 |
20 |
20 |
21 |
55 |
Loans and Leases, Net of Allowance |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Premises and Equipment, Net |
|
784 |
804 |
781 |
754 |
730 |
717 |
721 |
699 |
688 |
651 |
642 |
Deferred Acquisition Cost |
|
47 |
46 |
48 |
46 |
41 |
41 |
37 |
31 |
28 |
25 |
164 |
Other Assets |
|
231 |
210 |
209 |
404 |
202 |
179 |
191 |
178 |
466 |
175 |
142 |
Total Liabilities & Shareholders' Equity |
|
1,418 |
1,448 |
1,451 |
1,632 |
1,286 |
1,266 |
1,404 |
1,392 |
1,398 |
1,404 |
1,341 |
Total Liabilities |
|
1,070 |
1,095 |
1,098 |
1,288 |
1,000 |
1,012 |
1,201 |
1,139 |
1,161 |
1,166 |
1,164 |
Other Short-Term Payables |
|
39 |
39 |
43 |
45 |
32 |
33 |
37 |
46 |
49 |
52 |
39 |
Long-Term Debt |
|
1,028 |
1,053 |
1,052 |
1,240 |
966 |
971 |
1,156 |
1,090 |
1,091 |
1,093 |
988 |
Other Long-Term Liabilities |
|
2.99 |
2.96 |
2.93 |
2.90 |
3.03 |
7.85 |
7.88 |
4.20 |
21 |
22 |
138 |
Commitments & Contingencies |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Equity & Noncontrolling Interests |
|
348 |
353 |
353 |
344 |
285 |
254 |
203 |
253 |
236 |
238 |
177 |
Total Preferred & Common Equity |
|
348 |
353 |
353 |
344 |
285 |
254 |
203 |
253 |
236 |
238 |
177 |
Preferred Stock |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Common Equity |
|
348 |
353 |
353 |
344 |
285 |
254 |
203 |
253 |
236 |
238 |
177 |
Common Stock |
|
35 |
36 |
36 |
37 |
37 |
38 |
38 |
39 |
39 |
39 |
40 |
Retained Earnings |
|
299 |
304 |
309 |
303 |
248 |
216 |
166 |
207 |
172 |
182 |
133 |
Treasury Stock |
|
-0.37 |
-0.37 |
-0.37 |
-0.37 |
-0.37 |
-0.37 |
-0.37 |
-0.37 |
-0.37 |
-0.37 |
-0.37 |
Accumulated Other Comprehensive Income / (Loss) |
|
14 |
13 |
7.86 |
5.03 |
-0.13 |
-0.05 |
-0.71 |
7.49 |
26 |
16 |
3.89 |
Quarterly Balance Sheets for Alexander's
This table presents Alexander's' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
Q2 2022 |
Q3 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q1 2025 |
Q2 2025 |
Total Assets |
|
1,425 |
1,418 |
1,378 |
1,428 |
1,411 |
1,391 |
1,481 |
1,365 |
1,333 |
1,321 |
Cash and Due from Banks |
|
310 |
265 |
357 |
531 |
508 |
526 |
411 |
355 |
320 |
313 |
Restricted Cash |
|
19 |
20 |
20 |
21 |
21 |
21 |
113 |
42 |
58 |
77 |
Loans and Leases, Net of Allowance |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Premises and Equipment, Net |
|
690 |
689 |
669 |
662 |
656 |
646 |
641 |
642 |
641 |
639 |
Deferred Acquisition Cost |
|
31 |
30 |
27 |
26 |
26 |
23 |
166 |
164 |
161 |
158 |
Other Assets |
|
375 |
414 |
304 |
187 |
199 |
175 |
149 |
162 |
153 |
133 |
Total Liabilities & Shareholders' Equity |
|
1,425 |
1,418 |
1,378 |
1,428 |
1,411 |
1,391 |
1,481 |
1,365 |
1,333 |
1,321 |
Total Liabilities |
|
1,175 |
1,169 |
1,157 |
1,163 |
1,159 |
1,161 |
1,268 |
1,174 |
1,170 |
1,175 |
Other Short-Term Payables |
|
65 |
58 |
45 |
49 |
45 |
47 |
- |
50 |
44 |
52 |
Long-Term Debt |
|
1,090 |
1,091 |
1,091 |
1,092 |
1,092 |
1,093 |
1,082 |
988 |
988 |
988 |
Other Long-Term Liabilities |
|
20 |
21 |
21 |
21 |
21 |
22 |
186 |
136 |
138 |
136 |
Commitments & Contingencies |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Equity & Noncontrolling Interests |
|
250 |
248 |
221 |
266 |
252 |
230 |
213 |
191 |
163 |
145 |
Total Preferred & Common Equity |
|
250 |
248 |
221 |
266 |
252 |
230 |
213 |
191 |
163 |
145 |
Preferred Stock |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Common Equity |
|
250 |
248 |
221 |
266 |
252 |
230 |
213 |
191 |
163 |
145 |
Common Stock |
|
39 |
39 |
39 |
39 |
39 |
39 |
40 |
40 |
40 |
40 |
Retained Earnings |
|
190 |
182 |
160 |
201 |
189 |
175 |
161 |
144 |
123 |
106 |
Treasury Stock |
|
-0.37 |
-0.37 |
-0.37 |
-0.37 |
-0.37 |
-0.37 |
-0.37 |
-0.37 |
-0.37 |
-0.37 |
Accumulated Other Comprehensive Income / (Loss) |
|
21 |
28 |
22 |
25 |
24 |
16 |
12 |
6.89 |
0.91 |
-0.15 |
Annual Metrics And Ratios for Alexander's
This table displays calculated financial ratios and metrics derived from Alexander's' official financial filings.
Metric |
|
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
2.22% |
3.54% |
-27.16% |
52.25% |
6.42% |
-7.75% |
-12.02% |
3.84% |
-11.03% |
2.68% |
-0.49% |
EBITDA Growth |
|
-0.24% |
0.21% |
-48.52% |
116.98% |
5.36% |
-10.32% |
-21.18% |
3.95% |
-20.05% |
1.96% |
-3.32% |
EBIT Growth |
|
-0.85% |
-1.53% |
-68.52% |
251.25% |
7.50% |
-12.08% |
-27.55% |
6.61% |
-24.99% |
-15.91% |
-10.35% |
NOPAT Growth |
|
-0.64% |
-2.04% |
-68.54% |
251.45% |
7.50% |
-12.08% |
-27.55% |
6.61% |
-24.99% |
-15.91% |
-10.35% |
Net Income Growth |
|
19.34% |
13.22% |
12.44% |
-6.90% |
-59.20% |
82.91% |
-30.19% |
216.96% |
-56.64% |
77.70% |
-57.58% |
EPS Growth |
|
19.30% |
13.17% |
12.43% |
-6.92% |
-59.21% |
265.73% |
-65.12% |
216.73% |
-56.67% |
77.67% |
-57.64% |
Operating Cash Flow Growth |
|
-33.02% |
114.60% |
23.18% |
-5.65% |
-40.42% |
71.44% |
-38.08% |
51.75% |
-13.44% |
6.40% |
-50.41% |
Free Cash Flow Firm Growth |
|
-7.09% |
-37.33% |
-52.77% |
-338.61% |
705.68% |
-71.79% |
-149.91% |
249.62% |
-23.13% |
-36.63% |
355.81% |
Invested Capital Growth |
|
-0.52% |
2.16% |
-0.07% |
12.74% |
-21.04% |
-2.11% |
11.02% |
-1.27% |
-1.09% |
0.20% |
-12.43% |
Revenue Q/Q Growth |
|
0.40% |
0.74% |
-31.94% |
71.88% |
-3.18% |
0.63% |
-8.26% |
6.02% |
-8.66% |
-11.03% |
-24.93% |
EBITDA Q/Q Growth |
|
-0.21% |
0.17% |
-52.17% |
202.83% |
-5.93% |
1.57% |
-16.08% |
14.23% |
-17.49% |
-19.43% |
-42.97% |
EBIT Q/Q Growth |
|
-0.51% |
-0.67% |
-70.64% |
793.84% |
-5.91% |
2.22% |
-22.56% |
25.84% |
-24.94% |
-36.21% |
-58.92% |
NOPAT Q/Q Growth |
|
-0.53% |
-0.68% |
-70.64% |
793.98% |
-5.91% |
45.67% |
40.69% |
30.48% |
-2.25% |
6.86% |
-8.45% |
Net Income Q/Q Growth |
|
3.62% |
7.56% |
-2.16% |
-4.48% |
-19.41% |
8.03% |
10.54% |
80.58% |
-52.84% |
3.13% |
-8.45% |
EPS Q/Q Growth |
|
3.67% |
7.51% |
-2.20% |
-4.49% |
-19.25% |
116.01% |
-57.25% |
80.64% |
-52.89% |
3.15% |
-8.44% |
Operating Cash Flow Q/Q Growth |
|
-42.48% |
91.92% |
12.93% |
1.89% |
-37.61% |
18.00% |
-4.38% |
4.41% |
-1.16% |
20.28% |
-20.48% |
Free Cash Flow Firm Q/Q Growth |
|
-7.12% |
8.60% |
-68.48% |
54.16% |
84.97% |
-57.69% |
-877.81% |
573.38% |
-1.71% |
13.12% |
-1.86% |
Invested Capital Q/Q Growth |
|
0.47% |
0.04% |
-0.31% |
0.13% |
-14.38% |
-0.59% |
6.63% |
-0.85% |
-0.86% |
-1.02% |
-1.17% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
64.04% |
61.98% |
43.81% |
62.43% |
61.81% |
60.09% |
53.83% |
53.89% |
48.42% |
48.08% |
46.72% |
EBIT Margin |
|
48.15% |
45.79% |
19.79% |
45.65% |
46.12% |
43.95% |
36.19% |
37.16% |
31.33% |
25.65% |
23.11% |
Profit (Net Income) Margin |
|
33.82% |
36.99% |
57.10% |
34.92% |
13.39% |
26.54% |
21.06% |
64.28% |
31.33% |
54.21% |
23.11% |
Tax Burden Percent |
|
101.30% |
99.99% |
99.94% |
100.00% |
47.86% |
87.28% |
82.99% |
232.60% |
100.00% |
211.33% |
100.00% |
Interest Burden Percent |
|
69.35% |
80.79% |
288.72% |
76.48% |
60.65% |
69.19% |
70.12% |
74.38% |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
|
-0.51% |
0.01% |
0.06% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Return on Invested Capital (ROIC) |
|
7.04% |
6.84% |
2.13% |
7.04% |
7.98% |
8.04% |
5.58% |
5.69% |
4.32% |
3.65% |
3.48% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
4.23% |
5.09% |
7.50% |
4.88% |
0.70% |
3.97% |
2.75% |
10.68% |
4.32% |
8.59% |
3.48% |
Return on Net Nonoperating Assets (RNNOA) |
|
12.88% |
15.09% |
22.38% |
16.07% |
2.46% |
14.27% |
12.79% |
52.64% |
19.25% |
39.55% |
17.48% |
Return on Equity (ROE) |
|
19.92% |
21.93% |
24.51% |
23.11% |
10.44% |
22.31% |
18.36% |
58.33% |
23.57% |
43.20% |
20.96% |
Cash Return on Invested Capital (CROIC) |
|
7.56% |
4.70% |
2.20% |
-4.93% |
31.49% |
10.17% |
-4.86% |
6.96% |
5.42% |
3.45% |
16.73% |
Operating Return on Assets (OROA) |
|
6.72% |
6.64% |
2.07% |
6.83% |
7.76% |
7.80% |
5.40% |
5.50% |
4.13% |
3.46% |
3.17% |
Return on Assets (ROA) |
|
4.72% |
5.37% |
5.97% |
5.22% |
2.25% |
4.71% |
3.14% |
9.51% |
4.13% |
7.31% |
3.17% |
Return on Common Equity (ROCE) |
|
19.92% |
21.93% |
24.51% |
23.11% |
10.44% |
22.31% |
18.36% |
58.33% |
23.57% |
43.20% |
20.96% |
Return on Equity Simple (ROE_SIMPLE) |
|
19.50% |
21.79% |
24.51% |
23.41% |
11.52% |
23.70% |
20.64% |
52.63% |
24.37% |
43.09% |
24.56% |
Net Operating Profit after Tax (NOPAT) |
|
97 |
95 |
30 |
105 |
113 |
99 |
72 |
77 |
58 |
48 |
43 |
NOPAT Margin |
|
48.39% |
45.79% |
19.78% |
45.65% |
46.12% |
43.95% |
36.19% |
37.16% |
31.33% |
25.65% |
23.11% |
Net Nonoperating Expense Percent (NNEP) |
|
2.82% |
1.76% |
-5.37% |
2.16% |
7.28% |
4.07% |
2.83% |
-5.00% |
0.00% |
-4.94% |
0.00% |
SG&A Expenses to Revenue |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Operating Expenses to Revenue |
|
51.85% |
54.21% |
80.21% |
54.35% |
53.88% |
56.05% |
63.81% |
62.84% |
68.68% |
74.35% |
76.89% |
Earnings before Interest and Taxes (EBIT) |
|
97 |
95 |
30 |
105 |
113 |
99 |
72 |
77 |
58 |
48 |
43 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
129 |
129 |
66 |
144 |
152 |
136 |
107 |
111 |
89 |
91 |
88 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
3.62 |
3.24 |
3.76 |
3.72 |
3.63 |
4.66 |
5.22 |
4.21 |
4.01 |
4.24 |
5.78 |
Price to Tangible Book Value (P/TBV) |
|
3.62 |
3.24 |
3.76 |
3.72 |
3.63 |
4.66 |
5.22 |
4.21 |
4.01 |
4.24 |
5.78 |
Price to Revenue (P/Rev) |
|
6.28 |
5.51 |
8.75 |
5.55 |
4.22 |
5.22 |
5.33 |
5.14 |
5.15 |
5.33 |
5.44 |
Price to Earnings (P/E) |
|
18.56 |
14.89 |
15.33 |
15.89 |
31.54 |
19.68 |
25.30 |
8.00 |
16.44 |
9.84 |
23.52 |
Dividend Yield |
|
5.27% |
6.24% |
6.16% |
6.78% |
8.88% |
7.78% |
8.66% |
8.65% |
9.70% |
9.12% |
9.00% |
Earnings Yield |
|
5.39% |
6.72% |
6.52% |
6.29% |
3.17% |
5.08% |
3.95% |
12.50% |
6.08% |
10.16% |
4.25% |
Enterprise Value to Invested Capital (EV/IC) |
|
1.44 |
1.32 |
1.43 |
1.34 |
1.37 |
1.50 |
1.30 |
1.24 |
1.37 |
1.16 |
1.39 |
Enterprise Value to Revenue (EV/Rev) |
|
9.84 |
8.92 |
13.23 |
9.22 |
6.98 |
8.13 |
8.87 |
8.07 |
9.91 |
8.19 |
8.60 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
15.36 |
14.38 |
30.19 |
14.77 |
11.29 |
13.52 |
16.49 |
14.98 |
20.48 |
17.03 |
18.40 |
Enterprise Value to EBIT (EV/EBIT) |
|
20.44 |
19.47 |
66.84 |
20.20 |
15.13 |
18.49 |
24.52 |
21.72 |
31.65 |
31.93 |
37.20 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
20.33 |
19.47 |
66.88 |
20.20 |
15.13 |
18.49 |
24.52 |
21.72 |
31.65 |
31.93 |
37.20 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
39.93 |
17.45 |
15.31 |
17.23 |
23.28 |
14.59 |
22.64 |
14.09 |
17.79 |
14.18 |
29.87 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
18.93 |
28.34 |
64.85 |
0.00 |
3.84 |
14.60 |
0.00 |
17.75 |
25.23 |
33.78 |
7.74 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
2.95 |
2.98 |
2.98 |
3.61 |
3.39 |
3.83 |
5.69 |
4.31 |
4.61 |
4.60 |
5.59 |
Long-Term Debt to Equity |
|
2.95 |
2.98 |
2.98 |
3.61 |
3.39 |
3.83 |
5.69 |
4.31 |
4.61 |
4.60 |
5.59 |
Financial Leverage |
|
3.05 |
2.97 |
2.98 |
3.29 |
3.51 |
3.60 |
4.66 |
4.93 |
4.46 |
4.61 |
5.02 |
Leverage Ratio |
|
4.22 |
4.09 |
4.11 |
4.43 |
4.64 |
4.74 |
5.85 |
6.13 |
5.70 |
5.91 |
6.62 |
Compound Leverage Factor |
|
2.92 |
3.30 |
11.86 |
3.38 |
2.81 |
3.28 |
4.10 |
4.56 |
5.70 |
5.91 |
6.62 |
Debt to Total Capital |
|
74.69% |
74.90% |
74.89% |
78.29% |
77.21% |
79.30% |
85.05% |
81.18% |
82.19% |
82.13% |
84.82% |
Short-Term Debt to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Long-Term Debt to Total Capital |
|
74.69% |
74.90% |
74.89% |
78.29% |
77.21% |
79.30% |
85.05% |
81.18% |
82.19% |
82.13% |
84.82% |
Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Common Equity to Total Capital |
|
25.31% |
25.10% |
25.11% |
21.71% |
22.79% |
20.70% |
14.95% |
18.82% |
17.81% |
17.87% |
15.18% |
Debt to EBITDA |
|
7.99 |
8.17 |
15.86 |
8.62 |
6.37 |
7.14 |
10.79 |
9.78 |
12.25 |
12.03 |
11.25 |
Net Debt to EBITDA |
|
5.56 |
5.50 |
10.21 |
5.88 |
4.46 |
4.83 |
6.59 |
5.44 |
9.84 |
5.94 |
6.77 |
Long-Term Debt to EBITDA |
|
7.99 |
8.17 |
15.86 |
8.62 |
6.37 |
7.14 |
10.79 |
9.78 |
12.25 |
12.03 |
11.25 |
Debt to NOPAT |
|
10.58 |
11.06 |
35.13 |
11.78 |
8.53 |
9.76 |
16.04 |
14.18 |
18.93 |
22.55 |
22.74 |
Net Debt to NOPAT |
|
7.36 |
7.44 |
22.63 |
8.05 |
5.98 |
6.60 |
9.80 |
7.89 |
15.21 |
11.13 |
13.68 |
Long-Term Debt to NOPAT |
|
10.58 |
11.06 |
35.13 |
11.78 |
8.53 |
9.76 |
16.04 |
14.18 |
18.93 |
22.55 |
22.74 |
Noncontrolling Interest Sharing Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
104 |
65 |
31 |
-74 |
446 |
126 |
-63 |
94 |
72 |
46 |
209 |
Operating Cash Flow to CapEx |
|
79.86% |
211.89% |
843.67% |
3,594.23% |
1,854.21% |
1,334.22% |
240.50% |
606.89% |
712.84% |
2,330.93% |
273.47% |
Free Cash Flow to Firm to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
2.53 |
0.79 |
3.32 |
Operating Cash Flow to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
3.59 |
1.87 |
0.86 |
Operating Cash Flow Less CapEx to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
3.08 |
1.79 |
0.55 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.14 |
0.15 |
0.10 |
0.15 |
0.17 |
0.18 |
0.15 |
0.15 |
0.13 |
0.13 |
0.14 |
Fixed Asset Turnover |
|
0.26 |
0.26 |
0.19 |
0.30 |
0.33 |
0.31 |
0.28 |
0.29 |
0.27 |
0.28 |
0.29 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
1,376 |
1,406 |
1,405 |
1,584 |
1,251 |
1,224 |
1,359 |
1,342 |
1,328 |
1,330 |
1,165 |
Invested Capital Turnover |
|
0.15 |
0.15 |
0.11 |
0.15 |
0.17 |
0.18 |
0.15 |
0.15 |
0.14 |
0.14 |
0.15 |
Increase / (Decrease) in Invested Capital |
|
-7.19 |
30 |
-0.94 |
179 |
-333 |
-26 |
135 |
-17 |
-15 |
2.66 |
-165 |
Enterprise Value (EV) |
|
1,976 |
1,854 |
2,003 |
2,127 |
1,712 |
1,839 |
1,767 |
1,669 |
1,824 |
1,547 |
1,616 |
Market Capitalization |
|
1,260 |
1,145 |
1,325 |
1,280 |
1,036 |
1,182 |
1,061 |
1,063 |
947 |
1,008 |
1,022 |
Book Value per Share |
|
$68.23 |
$69.11 |
$69.10 |
$67.35 |
$55.82 |
$49.64 |
$39.79 |
$49.46 |
$46.31 |
$46.53 |
$34.63 |
Tangible Book Value per Share |
|
$68.23 |
$69.11 |
$69.10 |
$67.35 |
$55.82 |
$49.64 |
$39.79 |
$49.46 |
$46.31 |
$46.53 |
$34.63 |
Total Capital |
|
1,376 |
1,406 |
1,405 |
1,584 |
1,251 |
1,224 |
1,359 |
1,342 |
1,328 |
1,330 |
1,165 |
Total Debt |
|
1,028 |
1,053 |
1,052 |
1,240 |
966 |
971 |
1,156 |
1,090 |
1,091 |
1,093 |
988 |
Total Long-Term Debt |
|
1,028 |
1,053 |
1,052 |
1,240 |
966 |
971 |
1,156 |
1,090 |
1,091 |
1,093 |
988 |
Net Debt |
|
716 |
709 |
678 |
847 |
676 |
657 |
706 |
606 |
877 |
540 |
594 |
Capital Expenditures (CapEx) |
|
62 |
50 |
16 |
3.43 |
3.97 |
9.45 |
32 |
20 |
14 |
4.68 |
20 |
Net Nonoperating Expense (NNE) |
|
29 |
18 |
-57 |
25 |
80 |
39 |
30 |
-56 |
0.00 |
-54 |
0.00 |
Net Nonoperating Obligations (NNO) |
|
1,028 |
1,053 |
1,052 |
1,240 |
966 |
971 |
1,156 |
1,090 |
1,091 |
1,093 |
988 |
Total Depreciation and Amortization (D&A) |
|
32 |
34 |
36 |
39 |
38 |
37 |
35 |
35 |
31 |
42 |
44 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$13.29 |
$15.04 |
$16.91 |
$15.74 |
$6.42 |
$11.74 |
$8.19 |
$51.42 |
$11.24 |
$19.97 |
$8.46 |
Adjusted Weighted Average Basic Shares Outstanding |
|
5.11M |
5.11M |
5.11M |
5.11M |
5.11M |
5.11M |
5.11M |
5.12M |
5.13M |
5.13M |
5.13M |
Adjusted Diluted Earnings per Share |
|
$13.29 |
$15.04 |
$16.91 |
$15.74 |
$6.42 |
$11.74 |
$8.19 |
$51.42 |
$11.24 |
$19.97 |
$8.46 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
5.11M |
5.11M |
5.11M |
5.11M |
5.11M |
5.11M |
5.11M |
5.12M |
5.13M |
5.13M |
5.13M |
Adjusted Basic & Diluted Earnings per Share |
|
$13.29 |
$15.04 |
$16.91 |
$15.74 |
$6.42 |
$11.74 |
$8.19 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
5.11M |
5.11M |
5.11M |
5.12M |
5.12M |
5.12M |
5.12M |
5.11M |
5.11M |
5.11M |
5.11M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
117 |
171 |
112 |
133 |
145 |
132 |
112 |
118 |
104 |
105 |
103 |
Normalized NOPAT Margin |
|
58.07% |
82.44% |
74.05% |
57.80% |
59.04% |
58.52% |
56.41% |
56.84% |
56.34% |
55.46% |
54.62% |
Pre Tax Income Margin |
|
33.39% |
36.99% |
57.13% |
34.92% |
27.97% |
30.41% |
25.38% |
27.64% |
31.33% |
25.65% |
23.11% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
2.02 |
0.83 |
0.69 |
NOPAT to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
2.02 |
0.83 |
0.69 |
EBIT Less CapEx to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
1.51 |
0.75 |
0.38 |
NOPAT Less CapEx to Interest Expense |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
1.51 |
0.75 |
0.38 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
97.81% |
93.06% |
94.62% |
108.01% |
280.42% |
153.35% |
219.77% |
69.37% |
160.09% |
90.14% |
212.64% |
Augmented Payout Ratio |
|
97.81% |
93.06% |
94.62% |
108.01% |
280.42% |
153.35% |
219.77% |
69.37% |
160.09% |
90.14% |
212.64% |
Quarterly Metrics And Ratios for Alexander's
This table displays calculated financial ratios and metrics derived from Alexander's' official financial filings.
Metric |
|
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Q2 2025 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
-26.72% |
0.25% |
-1.13% |
0.35% |
10.80% |
16.26% |
-1.72% |
-7.29% |
-7.78% |
-8.14% |
-3.42% |
EBITDA Growth |
|
-44.93% |
-14.21% |
-17.42% |
10.28% |
28.97% |
53.87% |
7.45% |
-29.51% |
-26.36% |
-25.66% |
-21.52% |
EBIT Growth |
|
-55.76% |
-22.75% |
-31.18% |
-17.86% |
7.19% |
43.50% |
-17.80% |
-37.90% |
-24.62% |
-23.57% |
-26.97% |
NOPAT Growth |
|
-9.15% |
-22.75% |
-31.18% |
-17.86% |
23.59% |
43.50% |
-17.80% |
-37.90% |
-24.62% |
-23.57% |
-26.97% |
Net Income Growth |
|
-83.05% |
-22.75% |
333.02% |
-28.82% |
23.59% |
43.50% |
-86.94% |
-37.90% |
-24.62% |
-23.57% |
-26.97% |
EPS Growth |
|
-83.14% |
-22.89% |
332.87% |
-28.81% |
23.83% |
43.38% |
-86.97% |
-38.10% |
-24.61% |
-23.57% |
-26.99% |
Operating Cash Flow Growth |
|
-4.36% |
-35.57% |
-26.12% |
91.00% |
69.83% |
-18.86% |
-74.54% |
-226.26% |
-31.14% |
-6.57% |
278.78% |
Free Cash Flow Firm Growth |
|
-12.21% |
48.82% |
-118.32% |
-78.71% |
-51.03% |
-87.73% |
1,124.12% |
2,819.03% |
1,203.25% |
3,271.61% |
135.11% |
Invested Capital Growth |
|
-1.09% |
-2.48% |
1.28% |
0.36% |
0.20% |
0.81% |
-4.63% |
-12.30% |
-12.43% |
-13.00% |
-12.47% |
Revenue Q/Q Growth |
|
4.75% |
-41.15% |
-0.02% |
1.91% |
15.66% |
-1.35% |
-15.48% |
-3.86% |
15.04% |
-1.73% |
-11.13% |
EBITDA Q/Q Growth |
|
10.10% |
-63.04% |
-2.25% |
23.96% |
28.76% |
-1.39% |
-31.74% |
-18.68% |
34.52% |
-0.44% |
-27.94% |
EBIT Q/Q Growth |
|
16.06% |
-74.37% |
-9.18% |
5.48% |
51.44% |
-1.09% |
-47.98% |
-20.31% |
83.84% |
0.29% |
-50.29% |
NOPAT Q/Q Growth |
|
0.65% |
-14.81% |
-9.18% |
5.48% |
51.44% |
-1.09% |
-47.98% |
-20.31% |
83.84% |
0.29% |
-50.29% |
Net Income Q/Q Growth |
|
-12.79% |
-14.81% |
471.41% |
-83.24% |
51.44% |
-1.09% |
-47.98% |
-20.31% |
83.84% |
0.29% |
-50.29% |
EPS Q/Q Growth |
|
-13.22% |
-14.45% |
471.23% |
-83.21% |
50.95% |
-0.95% |
-48.09% |
-20.25% |
83.85% |
0.42% |
-50.42% |
Operating Cash Flow Q/Q Growth |
|
253.85% |
-21.29% |
117.85% |
-103.41% |
3,001.69% |
-62.40% |
-31.64% |
-143.74% |
712.40% |
-48.98% |
177.14% |
Free Cash Flow Firm Q/Q Growth |
|
0.57% |
60.11% |
-115.62% |
184.64% |
131.34% |
-59.89% |
1,204.04% |
141.25% |
3.28% |
3.76% |
-9.07% |
Invested Capital Q/Q Growth |
|
-0.86% |
-1.14% |
3.43% |
-0.99% |
-1.02% |
-0.54% |
-2.16% |
-8.95% |
-1.17% |
-1.18% |
-1.57% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
48.33% |
42.49% |
41.54% |
50.53% |
56.26% |
56.24% |
45.42% |
38.42% |
44.92% |
45.51% |
36.91% |
EBIT Margin |
|
31.74% |
24.94% |
22.66% |
23.45% |
30.70% |
30.79% |
18.95% |
15.71% |
25.10% |
25.61% |
14.33% |
Profit (Net Income) Margin |
|
27.53% |
24.94% |
142.55% |
23.45% |
30.70% |
30.79% |
18.95% |
15.71% |
25.10% |
25.61% |
14.33% |
Tax Burden Percent |
|
100.00% |
100.00% |
629.20% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
Interest Burden Percent |
|
86.73% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Return on Invested Capital (ROIC) |
|
3.79% |
3.99% |
3.56% |
3.71% |
4.36% |
4.58% |
3.63% |
3.12% |
3.78% |
3.80% |
2.15% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
3.79% |
3.99% |
8.51% |
3.71% |
4.36% |
4.58% |
3.63% |
3.12% |
3.78% |
3.80% |
2.15% |
Return on Net Nonoperating Assets (RNNOA) |
|
16.92% |
18.26% |
36.01% |
16.20% |
20.10% |
22.20% |
16.48% |
14.66% |
18.98% |
20.13% |
12.44% |
Return on Equity (ROE) |
|
20.71% |
22.25% |
39.58% |
19.91% |
24.47% |
26.78% |
20.11% |
17.78% |
22.77% |
23.94% |
14.59% |
Cash Return on Invested Capital (CROIC) |
|
5.42% |
6.60% |
2.41% |
3.02% |
3.45% |
3.24% |
8.63% |
16.87% |
16.73% |
17.11% |
16.38% |
Operating Return on Assets (OROA) |
|
4.19% |
3.81% |
3.37% |
3.52% |
4.14% |
4.36% |
3.31% |
2.83% |
3.44% |
3.46% |
1.86% |
Return on Assets (ROA) |
|
3.63% |
3.81% |
21.20% |
3.52% |
4.14% |
4.36% |
3.31% |
2.83% |
3.44% |
3.46% |
1.86% |
Return on Common Equity (ROCE) |
|
20.71% |
22.25% |
39.58% |
19.91% |
24.47% |
26.78% |
20.11% |
17.78% |
22.77% |
23.94% |
14.59% |
Return on Equity Simple (ROE_SIMPLE) |
|
0.00% |
24.58% |
39.02% |
39.43% |
0.00% |
46.62% |
24.25% |
24.89% |
0.00% |
24.31% |
25.70% |
Net Operating Profit after Tax (NOPAT) |
|
13 |
11 |
10 |
11 |
16 |
16 |
8.38 |
6.68 |
12 |
12 |
6.12 |
NOPAT Margin |
|
27.53% |
24.94% |
22.66% |
23.45% |
30.70% |
30.79% |
18.95% |
15.71% |
25.10% |
25.61% |
14.33% |
Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
0.00% |
-4.94% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Operating Expenses to Revenue |
|
68.26% |
75.06% |
77.34% |
76.55% |
69.30% |
69.21% |
81.05% |
84.29% |
74.90% |
74.39% |
85.67% |
Earnings before Interest and Taxes (EBIT) |
|
15 |
11 |
10 |
11 |
16 |
16 |
8.38 |
6.68 |
12 |
12 |
6.12 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
23 |
19 |
19 |
23 |
30 |
29 |
20 |
16 |
22 |
22 |
16 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
4.01 |
3.92 |
3.18 |
3.40 |
4.24 |
4.44 |
5.29 |
6.49 |
5.78 |
6.55 |
7.91 |
Price to Tangible Book Value (P/TBV) |
|
4.01 |
3.92 |
3.18 |
3.40 |
4.24 |
4.44 |
5.29 |
6.49 |
5.78 |
6.55 |
7.91 |
Price to Revenue (P/Rev) |
|
5.15 |
4.08 |
3.98 |
4.03 |
5.33 |
5.21 |
4.43 |
4.94 |
5.44 |
5.81 |
6.32 |
Price to Earnings (P/E) |
|
16.44 |
15.96 |
8.14 |
8.63 |
9.84 |
9.52 |
21.83 |
26.08 |
23.52 |
26.94 |
30.78 |
Dividend Yield |
|
9.70% |
10.60% |
10.89% |
10.73% |
9.12% |
9.00% |
8.17% |
7.43% |
9.00% |
8.61% |
7.99% |
Earnings Yield |
|
6.08% |
6.27% |
12.28% |
11.59% |
10.16% |
10.50% |
4.58% |
3.83% |
4.25% |
3.71% |
3.25% |
Enterprise Value to Invested Capital (EV/IC) |
|
1.37 |
1.21 |
1.02 |
1.06 |
1.16 |
1.18 |
1.30 |
1.55 |
1.39 |
1.46 |
1.54 |
Enterprise Value to Revenue (EV/Rev) |
|
9.91 |
7.44 |
6.52 |
6.69 |
8.19 |
7.99 |
6.63 |
7.30 |
8.60 |
9.14 |
9.59 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
20.48 |
13.81 |
12.51 |
12.59 |
17.03 |
15.50 |
10.46 |
11.88 |
18.40 |
20.91 |
23.02 |
Enterprise Value to EBIT (EV/EBIT) |
|
31.65 |
19.07 |
17.66 |
18.69 |
31.93 |
29.38 |
15.32 |
17.29 |
37.20 |
42.34 |
46.76 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
31.65 |
29.11 |
27.83 |
31.31 |
31.93 |
29.38 |
32.65 |
38.54 |
37.20 |
42.34 |
46.76 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
17.79 |
17.36 |
18.41 |
15.65 |
14.18 |
14.90 |
23.52 |
26.88 |
29.87 |
31.67 |
20.55 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
25.23 |
18.04 |
42.49 |
35.07 |
33.78 |
36.71 |
14.70 |
8.60 |
7.74 |
7.93 |
8.79 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
4.61 |
4.94 |
4.11 |
4.34 |
4.60 |
4.75 |
5.09 |
5.18 |
5.59 |
6.06 |
6.79 |
Long-Term Debt to Equity |
|
4.61 |
4.94 |
4.11 |
4.34 |
4.60 |
4.75 |
5.09 |
5.18 |
5.59 |
6.06 |
6.79 |
Financial Leverage |
|
4.46 |
4.58 |
4.23 |
4.36 |
4.61 |
4.84 |
4.55 |
4.70 |
5.02 |
5.29 |
5.78 |
Leverage Ratio |
|
5.70 |
5.84 |
5.54 |
5.66 |
5.91 |
6.14 |
6.08 |
6.27 |
6.62 |
6.93 |
7.83 |
Compound Leverage Factor |
|
4.95 |
5.84 |
5.54 |
5.66 |
5.91 |
6.14 |
6.08 |
6.27 |
6.62 |
6.93 |
7.83 |
Debt to Total Capital |
|
82.19% |
83.16% |
80.43% |
81.26% |
82.13% |
82.61% |
83.58% |
83.82% |
84.82% |
85.83% |
87.16% |
Short-Term Debt to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Long-Term Debt to Total Capital |
|
82.19% |
83.16% |
80.43% |
81.26% |
82.13% |
82.61% |
83.58% |
83.82% |
84.82% |
85.83% |
87.16% |
Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Common Equity to Total Capital |
|
17.81% |
16.84% |
19.57% |
18.74% |
17.87% |
17.39% |
16.42% |
16.18% |
15.18% |
14.17% |
12.84% |
Debt to EBITDA |
|
12.25 |
9.53 |
9.87 |
9.69 |
12.03 |
10.81 |
6.73 |
6.42 |
11.25 |
12.31 |
13.00 |
Net Debt to EBITDA |
|
9.84 |
6.24 |
4.87 |
4.99 |
5.94 |
5.39 |
3.47 |
3.84 |
6.77 |
7.60 |
7.86 |
Long-Term Debt to EBITDA |
|
12.25 |
9.53 |
9.87 |
9.69 |
12.03 |
10.81 |
6.73 |
6.42 |
11.25 |
12.31 |
13.00 |
Debt to NOPAT |
|
18.93 |
20.09 |
21.96 |
24.08 |
22.55 |
20.49 |
21.00 |
20.82 |
22.74 |
24.92 |
26.42 |
Net Debt to NOPAT |
|
15.21 |
13.15 |
10.84 |
12.42 |
11.13 |
10.23 |
10.82 |
12.45 |
13.68 |
15.40 |
15.98 |
Long-Term Debt to NOPAT |
|
18.93 |
20.09 |
21.96 |
24.08 |
22.55 |
20.49 |
21.00 |
20.82 |
22.74 |
24.92 |
26.42 |
Noncontrolling Interest Sharing Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
28 |
45 |
-6.96 |
5.89 |
14 |
5.47 |
71 |
172 |
178 |
184 |
168 |
Operating Cash Flow to CapEx |
|
464.16% |
1,006.60% |
5,416.43% |
-170.95% |
5,055.82% |
679.80% |
310.28% |
-137.68% |
309.68% |
195.99% |
658.91% |
Free Cash Flow to Firm to Interest Expense |
|
2.61 |
3.64 |
-0.53 |
0.36 |
0.82 |
0.34 |
4.39 |
8.93 |
15.99 |
17.07 |
13.09 |
Operating Cash Flow to Interest Expense |
|
2.47 |
1.69 |
3.42 |
-0.10 |
2.68 |
1.04 |
0.71 |
-0.26 |
2.77 |
1.46 |
3.40 |
Operating Cash Flow Less CapEx to Interest Expense |
|
1.94 |
1.52 |
3.36 |
-0.15 |
2.63 |
0.88 |
0.48 |
-0.45 |
1.88 |
0.71 |
2.89 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.13 |
0.15 |
0.15 |
0.15 |
0.13 |
0.14 |
0.17 |
0.18 |
0.14 |
0.13 |
0.13 |
Fixed Asset Turnover |
|
0.27 |
0.31 |
0.31 |
0.32 |
0.28 |
0.30 |
0.39 |
0.39 |
0.29 |
0.29 |
0.28 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
1,328 |
1,312 |
1,357 |
1,344 |
1,330 |
1,323 |
1,295 |
1,179 |
1,165 |
1,151 |
1,133 |
Invested Capital Turnover |
|
0.14 |
0.16 |
0.16 |
0.16 |
0.14 |
0.15 |
0.19 |
0.20 |
0.15 |
0.15 |
0.15 |
Increase / (Decrease) in Invested Capital |
|
-15 |
-33 |
17 |
4.86 |
2.66 |
11 |
-63 |
-165 |
-165 |
-172 |
-161 |
Enterprise Value (EV) |
|
1,824 |
1,582 |
1,383 |
1,420 |
1,547 |
1,567 |
1,683 |
1,829 |
1,616 |
1,679 |
1,748 |
Market Capitalization |
|
947 |
867 |
844 |
857 |
1,008 |
1,022 |
1,125 |
1,238 |
1,022 |
1,068 |
1,151 |
Book Value per Share |
|
$46.31 |
$43.27 |
$52.01 |
$49.31 |
$46.53 |
$44.86 |
$41.61 |
$37.34 |
$34.63 |
$31.93 |
$28.48 |
Tangible Book Value per Share |
|
$46.31 |
$43.27 |
$52.01 |
$49.31 |
$46.53 |
$44.86 |
$41.61 |
$37.34 |
$34.63 |
$31.93 |
$28.48 |
Total Capital |
|
1,328 |
1,312 |
1,357 |
1,344 |
1,330 |
1,323 |
1,295 |
1,179 |
1,165 |
1,151 |
1,133 |
Total Debt |
|
1,091 |
1,091 |
1,092 |
1,092 |
1,093 |
1,093 |
1,082 |
988 |
988 |
988 |
988 |
Total Long-Term Debt |
|
1,091 |
1,091 |
1,092 |
1,092 |
1,093 |
1,093 |
1,082 |
988 |
988 |
988 |
988 |
Net Debt |
|
877 |
715 |
539 |
563 |
540 |
546 |
558 |
591 |
594 |
610 |
597 |
Capital Expenditures (CapEx) |
|
5.68 |
2.06 |
0.83 |
0.90 |
0.89 |
2.48 |
3.71 |
3.65 |
9.95 |
8.02 |
6.61 |
Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
-54 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Obligations (NNO) |
|
1,091 |
1,091 |
1,092 |
1,092 |
1,093 |
1,093 |
1,082 |
988 |
988 |
988 |
988 |
Total Depreciation and Amortization (D&A) |
|
7.94 |
7.90 |
8.50 |
12 |
14 |
13 |
12 |
9.66 |
9.70 |
9.57 |
9.65 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$2.56 |
$2.19 |
$12.51 |
$2.10 |
$3.17 |
$3.14 |
$1.63 |
$1.30 |
$2.39 |
$2.40 |
$1.19 |
Adjusted Weighted Average Basic Shares Outstanding |
|
5.13M |
5.13M |
5.13M |
5.13M |
5.13M |
5.13M |
5.13M |
5.13M |
5.13M |
5.13M |
5.13M |
Adjusted Diluted Earnings per Share |
|
$2.56 |
$2.19 |
$12.51 |
$2.10 |
$3.17 |
$3.14 |
$1.63 |
$1.30 |
$2.39 |
$2.40 |
$1.19 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
5.13M |
5.13M |
5.13M |
5.13M |
5.13M |
5.13M |
5.13M |
5.13M |
5.13M |
5.13M |
5.13M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
5.11M |
5.11M |
5.11M |
5.11M |
5.11M |
5.11M |
5.11M |
5.11M |
5.11M |
5.11M |
5.11M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
26 |
25 |
25 |
25 |
29 |
29 |
23 |
23 |
27 |
27 |
22 |
Normalized NOPAT Margin |
|
54.07% |
56.26% |
54.46% |
55.48% |
55.61% |
55.35% |
52.82% |
54.53% |
55.55% |
55.16% |
52.53% |
Pre Tax Income Margin |
|
27.53% |
24.94% |
22.66% |
23.45% |
30.70% |
30.79% |
18.95% |
15.71% |
25.10% |
25.61% |
14.33% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
1.42 |
0.92 |
0.77 |
0.66 |
0.98 |
0.99 |
0.52 |
0.35 |
1.11 |
1.14 |
0.48 |
NOPAT to Interest Expense |
|
1.23 |
0.92 |
0.77 |
0.66 |
0.98 |
0.99 |
0.52 |
0.35 |
1.11 |
1.14 |
0.48 |
EBIT Less CapEx to Interest Expense |
|
0.89 |
0.75 |
0.71 |
0.61 |
0.92 |
0.84 |
0.29 |
0.16 |
0.21 |
0.40 |
-0.04 |
NOPAT Less CapEx to Interest Expense |
|
0.70 |
0.75 |
0.71 |
0.61 |
0.92 |
0.84 |
0.29 |
0.16 |
0.21 |
0.40 |
-0.04 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
160.09% |
169.86% |
89.03% |
92.95% |
90.14% |
86.06% |
179.22% |
194.65% |
212.64% |
233.03% |
247.16% |
Augmented Payout Ratio |
|
160.09% |
169.86% |
89.03% |
92.95% |
90.14% |
86.06% |
179.22% |
194.65% |
212.64% |
233.03% |
247.16% |
Key Financial Trends
Alexander's Inc. (NYSE: ALX) has displayed a relatively stable financial profile over the last four years, based on the reviewed quarterly financial data up to Q2 2025. The following key trends and factors are evident from the analysis of income, cash flow, and balance sheet statements:
- Consistent profitability: Net income has been positive in all quarters reviewed, with Q2 2025 reporting $6.12 million, following a strong Q1 2025 with $12.31 million. This indicates sustained earnings despite some quarterly fluctuations.
- Stable earnings per share (EPS): Diluted EPS in Q2 2025 was $1.19, with Q1 2025 at $2.40 and consistent figures in the range of $1.19-$3.14 in prior quarters, suggesting steady per-share profitability.
- Strong operating cash flow: Net cash from continuing operating activities remained solid, e.g., $43.57 million in Q2 2025 and $15.72 million in Q1 2025, demonstrating the company's ability to generate cash internally.
- Controlled capital expenditures: Property, plant, and equipment purchases are moderate relative to cash flows, e.g., about $6.6 million in Q2 2025 and $8 million in Q1 2025, reflecting investment balanced with financial discipline.
- Substantial cash position: Cash and due from banks remain high, with $313 million as of Q2 2025, a slight decrease from higher levels in previous years, supporting liquidity needs and flexibility.
- Stable dividend policy: Dividends remain consistently paid around $23 million per quarter, translating to $4.5 per share. This steady payout indicates shareholder return focus but demands sustained earnings and cash flow.
- High long-term debt levels: Long-term debt remains substantial, around $987-1,090 million over the periods analyzed. While manageable, this necessitates attention to interest expenses and debt servicing capacity.
- Negative net interest income: The company’s interest expense, largely from long-term debt, exceeds interest income, leading to a net interest expense (e.g., -$8.87 million in Q2 2025), which slightly drags on overall profitability.
- Significant other special charges impacting expenses: Other special charges consistently range from $23 million to $26 million quarterly, contributing to high non-interest expenses and compressing pre-tax income.
- Volatile net cash from financing activities due to debt repayment and dividend payments: Large repayments and dividends result in negative cash flow from financing activities, such as -$24.3 million in Q2 2025, potentially limiting flexibility.
Overall, Alexander's Inc. maintains profitability and strong operating cash generation despite challenges from interest expenses and special charges. The high debt levels and recurring large dividends and special charges are areas to watch for long-term financial stability. Investors should monitor trends in debt management, expense control, and dividend sustainability in coming quarters.
08/28/25 11:02 PM ETAI Generated. May Contain Errors.