BRT · Brt Apartments Corp. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $97.03M | $95.63M | $93.62M | $70.53M | $32.06M | $28.10M |
| Cost of Revenue | $158.0K | - | - | - | - | $3.64M |
| Gross Profit | $96.87M | - | - | - | - | $24.46M |
| R&D | - | - | - | - | - | - |
| SG&A | $15.53M | $15.60M | $15.43M | $14.65M | $12.62M | $11.70M |
| Total Operating Expenses | $109.52M | $107.94M | $107.90M | $85.54M | $42.13M | $41.56M |
| D&A | $26.40M | $25.93M | $28.48M | $24.81M | $8.03M | $6.74M |
| Operating Income | ($12.50M) | ($12.31M) | ($14.28M) | ($15.01M) | ($10.07M) | ($13.46M) |
| Interest Expense | - | - | - | - | - | - |
| Income Tax | $174.0K | ($226.0K) | $54.0K | $821.0K | $206.0K | $248.0K |
| Net Income | ($11.95M) | ($9.79M) | $3.87M | $49.95M | $29.11M | ($19.86M) |
| EPS - Basic | ($0.63) | ($0.52) | $0.16 | $2.67 | $1.63 | ($1.16) |
| EPS - Diluted | ($0.63) | ($0.52) | $0.16 | $2.66 | $1.62 | ($1.16) |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $25.14M | $27.86M | $23.51M | $20.28M | $32.34M | $19.89M |
| Accounts Receivable | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - |
| Total Assets | $709.81M | $713.46M | $709.96M | $732.12M | $459.54M | $365.74M |
| Current Liabilities | - | - | - | - | - | - |
| Long-term Debt | - | - | - | - | - | - |
| Total Liabilities | $532.61M | $508.55M | $481.52M | $482.05M | $256.59M | $188.05M |
| Stockholders' Equity | $177.24M | $204.97M | $228.46M | $250.09M | $202.96M | $177.77M |
| Retained Earnings | ($98.35M) | ($67.48M) | ($38.99M) | ($23.95M) | ($55.38M) | ($67.98M) |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $14.10M | $24.14M | $19.61M | $15.03M | ($529.0K) | ($1.75M) |
| Investing Cash Flow | ($21.49M) | ($18.91M) | $16.68M | ($19.37M) | ($22.10M) | $4.84M |
| Financing Cash Flow | $2.43M | $3.57M | ($32.23M) | ($13.42M) | $32.86M | ($6.81M) |
| CapEx | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 99.8% | - | - | - | - | 87.0% |
| Operating margin | -12.9% | -12.9% | -15.3% | -21.3% | -31.4% | -47.9% |
| EBITDA margin | 14.3% | 14.2% | 15.2% | 13.9% | -6.4% | -23.9% |
| Net margin | -12.3% | -10.2% | 4.1% | 70.8% | 90.8% | -70.7% |
| Free cash flow margin | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 16.0% | 16.3% | 16.5% | 20.8% | 39.4% | 41.6% |
| Effective tax rate | - | - | 1.4% | 1.6% | 0.7% | - |
| Return on assets | -1.7% | -1.4% | 0.5% | 6.8% | 6.3% | -5.4% |
| Return on equity | -6.7% | -4.8% | 1.7% | 20.0% | 14.3% | -11.2% |
| Return on invested capital | - | - | - | - | - | - |
| Liquidity | ||||||
| Current ratio | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - |
| Leverage | ||||||
| Debt / Equity | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - |
| Equity multiplier | 4.00 | 3.48 | 3.11 | 2.93 | 2.26 | 2.06 |
| Liabilities / Assets | 0.75 | 0.71 | 0.68 | 0.66 | 0.56 | 0.51 |
| Efficiency | ||||||
| Asset turnover | 0.14 | 0.13 | 0.13 | 0.10 | 0.07 | 0.08 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | - | - | 116.2x | 7.4x | 14.8x | - |
| P / B | 1.5x | 1.6x | 1.5x | 1.4x | 2.0x | 1.5x |
| P / S | 2.7x | 3.3x | 3.6x | 5.0x | 12.8x | 9.3x |
| EV / EBITDA | 17.2x | 21.5x | 21.8x | 33.7x | - | - |
| Growth | ||||||
| Revenue growth (YoY) | 1.5% | 2.2% | 32.7% | 120.0% | 14.1% | 19.9% |
| Revenue CAGR (3y) | 11.2% | 44.0% | 49.4% | 44.4% | -35.5% | -35.7% |
| Revenue CAGR (5y) | 28.1% | 32.5% | -4.8% | -7.8% | -19.4% | -19.4% |
| Gross profit growth (YoY) | - | - | - | - | - | 3943.0% |
| Operating income growth (YoY) | -1.5% | 13.8% | 4.9% | -49.1% | 25.2% | -67.9% |
| Net income growth (YoY) | -22.0% | - | -92.2% | 71.6% | - | - |
| EPS growth (YoY) | -21.2% | - | -94.0% | 64.2% | - | - |
| EPS CAGR (3y) | - | - | - | 16.6% | 0.2% | - |
| EPS CAGR (5y) | - | - | -37.0% | 22.1% | -6.2% | - |
| FCF growth (YoY) | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | -13.5% | -10.3% | -8.6% | 23.2% | 14.2% | -11.0% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Geographic
$95.27M totalTN$14.34M · 15.1%
MS$12.96M · 13.6%
AL$11.40M · 12.0%
GA$10.30M · 10.8%
FL$9.54M · 10.0%
TX$9.00M · 9.4%
SC$8.86M · 9.3%
VA$5.13M · 5.4%
NC$4.29M · 4.5%
OH$4.01M · 4.2%
MO$3.75M · 3.9%
Other Locations$1.70M · 1.8%
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
3/9
Weak
- ✗Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- -Current ratio improved
- ✗No share dilution
- -Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Real Estate Investment Trusts
Comparing BRT Apartments Corp. against the 5 most active filers in the same SIC group.
Dividends
$1.00/share trailing 12 months · 0.0% YoY
| Ex-date | Per share |
|---|---|
| Mar 27, 2026 | $0.2500 |
| Dec 22, 2025 | $0.2500 |
| Sep 24, 2025 | $0.2500 |
| Jun 25, 2025 | $0.2500 |
| Mar 27, 2025 | $0.2500 |
| Dec 23, 2024 | $0.2500 |
| Sep 24, 2024 | $0.2500 |
| Jun 25, 2024 | $0.2500 |
| Mar 26, 2024 | $0.2500 |
| Dec 19, 2023 | $0.2500 |
| Oct 2, 2023 | $0.2500 |
| Jun 23, 2023 | $0.2500 |
| Mar 24, 2023 | $0.2500 |
| Dec 19, 2022 | $0.2500 |
| Sep 26, 2022 | $0.2500 |
| Jun 29, 2022 | $0.2500 |
| Mar 23, 2022 | $0.2300 |
| Dec 17, 2021 | $0.2300 |
| Sep 23, 2021 | $0.2300 |
| Jun 24, 2021 | $0.2200 |
| Mar 23, 2021 | $0.2200 |
| Dec 16, 2020 | $0.2200 |
| Sep 24, 2020 | $0.2200 |
| Jun 25, 2020 | $0.2200 |