CoverageForm 410-K10-Q8-K13D13G13F

PINE · Alpine Income Property Trust, Inc. - 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.

Price · PINE

Income Statement

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Revenue$60.53M$52.23M$45.64M$45.20M$30.13M$19.25M
Cost of Revenue------
Gross Profit$52.05M$43.97M----
R&D------
SG&A$6.71M$6.58M$6.30M$5.78M$5.03M$4.66M
Total Operating Expenses$49.46M$41.66M$41.86M$34.78M$24.64M$16.93M
D&A$27.38M$25.59M$25.76M$23.56M$15.94M$9.95M
Operating Income$13.14M$14.02M$13.14M$43.49M$15.16M$2.61M
Interest Expense$16.27M$12.01M$10.16M$9.54M$3.70M$1.46M
Income Tax------
Net Income($2.66M)$2.07M$2.92M$29.72M$9.96M$985.0K
EPS - Basic($0.22)$0.15$0.21$2.48$1.02$0.13
EPS - Diluted($0.22)$0.14$0.19$2.17$0.89$0.11

Balance Sheet

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Cash & Equivalents$4.59M$1.58M$4.02M$9.02M$8.85M$1.89M
Accounts Receivable------
Inventory------
Accounts Payable------
Current Assets------
Total Assets$715.87M$605.00M$564.56M$573.43M$505.51M$261.59M
Current Liabilities------
Long-term Debt$377.74M$301.47M$275.68M$267.12M$267.74M$106.16M
Total Liabilities$414.62M$328.50M$288.95M$278.06M$277.61M$112.50M
Stockholders' Equity$279.88M$253.03M$250.74M$261.62M$196.52M$126.76M
Retained Earnings($35.28M)($15.72M)($2.36M)$10.04M($6.42M)($5.71M)

Cash Flow

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Operating Cash Flow$25.75M$25.61M$25.64M$24.65M$17.20M$9.39M
Investing Cash Flow($103.86M)($57.84M)($13.58M)($38.78M)($195.99M)($113.88M)
Financing Cash Flow$109.16M$26.46M($11.38M)$17.67M$186.40M$94.03M
CapEx$244.46M$132.38M$223.41M---
Free Cash Flow($218.71M)($106.77M)($197.76M)---

Ratios

MetricFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Profitability
Gross margin86.0%84.2%----
Operating margin21.7%26.8%28.8%96.2%50.3%13.6%
EBITDA margin66.9%75.8%85.2%148.3%103.2%65.2%
Net margin-4.4%4.0%6.4%65.7%33.1%5.1%
Free cash flow margin-361.3%-204.4%-433.3%---
FCF / Net income82.31-51.68-67.80---
R&D / Revenue------
SG&A / Revenue11.1%12.6%13.8%12.8%16.7%24.2%
Effective tax rate------
Return on assets-0.4%0.3%0.5%5.2%2.0%0.4%
Return on equity-0.9%0.8%1.2%11.4%5.1%0.8%
Return on invested capital------
Liquidity
Current ratio------
Quick ratio------
Cash ratio------
Leverage
Debt / Equity1.351.191.101.021.360.84
Debt / Assets0.530.500.490.470.530.41
Debt / EBITDA9.327.617.093.988.618.45
Interest coverage0.8x1.2x1.3x4.6x4.1x1.8x
Equity multiplier2.562.392.252.192.572.06
Liabilities / Assets0.580.540.510.480.550.43
Efficiency
Asset turnover0.080.090.080.080.060.07
Inventory turnover------
Days sales outstanding------
Days inventory outstanding------
Days payable outstanding------
Cash conversion cycle------
Valuation
P / E-119.9x89.0x8.8x22.5x136.3x
P / B0.9x1.0x1.0x1.0x1.1x1.0x
P / S4.3x4.8x5.8x5.8x7.5x6.9x
EV / EBITDA15.6x14.0x13.7x7.7x15.6x18.8x
Growth
Revenue growth (YoY)15.9%14.4%1.0%50.0%56.5%-
Revenue CAGR (3y)10.2%20.1%33.4%---
Revenue CAGR (5y)25.8%-----
Gross profit growth (YoY)18.4%-----
Operating income growth (YoY)-6.3%6.6%-69.8%186.8%481.0%-
Net income growth (YoY)--29.2%-90.2%198.3%911.6%-
EPS growth (YoY)--26.3%-91.2%143.8%709.1%-
EPS CAGR (3y)--46.0%20.0%---
EPS CAGR (5y)------
FCF growth (YoY)-104.8%46.0%----
FCF CAGR (5y)------
Book value growth (YoY)10.6%0.9%-4.2%33.1%55.0%-

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

CompanyRevenue (last FY)Net marginROE
UMH$261.75M2.3%0.7%
ARE---9.2%
VTR$5.83B4.3%2.0%
SPG$6.36B72.7%88.8%
NYSE: KRC$1.11B0.0%0.0%

Comparing Alpine Income Property Trust against the 5 most active filers in the same SIC group.

Dividends

$1.15/share trailing 12 months · +3.1% YoY

Ex-datePer share
Mar 12, 2026$0.3000
Dec 11, 2025$0.2850
Sep 11, 2025$0.2850
Jun 12, 2025$0.2850
Mar 13, 2025$0.2850
Dec 12, 2024$0.2800
Sep 12, 2024$0.2800
Jun 13, 2024$0.2750
Mar 13, 2024$0.2750
Dec 13, 2023$0.2750
Sep 13, 2023$0.2750
Jun 7, 2023$0.2750
Mar 8, 2023$0.2750
Dec 9, 2022$0.2750
Sep 9, 2022$0.2750
Jun 8, 2022$0.2700
Mar 9, 2022$0.2700
Dec 8, 2021$0.2700
Sep 8, 2021$0.2550
Jun 18, 2021$0.2500
Mar 19, 2021$0.2400
Dec 14, 2020$0.2200
Sep 14, 2020$0.2000
Jun 12, 2020$0.2000