Alexander's Past Earnings Performance
Past criteria checks 4/6
Alexander's has been growing earnings at an average annual rate of 15.9%, while the Retail REITs industry saw earnings growing at 10.1% annually. Revenues have been declining at an average rate of 1.8% per year. Alexander's's return on equity is 43.1%, and it has net margins of 45.5%.
Key information
15.9%
Earnings growth rate
15.8%
EPS growth rate
| Retail REITs Industry Growth | 8.5% |
| Revenue growth rate | -1.8% |
| Return on equity | 43.1% |
| Net Margin | 45.5% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Alexander's: A Lot Of Risks For A Small Discount
Jan 29Alexander's 10% Yield Seems Compelling But Faces Headwinds
Nov 01Alexander's, Inc.: The Needle Is Pointing Down
Aug 02Alexanders AFFO of $4.03 misses by $0.05, revenue of $53.05M beats by $1.35M
Feb 13Alexanders declares $4.50 dividend
Jan 18Alexanders declares $4.50 dividend
Oct 26Alexanders declares $4.50 dividend
Jul 27Alexander's: Bottom Fishing On This Commercial REIT Could Be Risky
Jul 09Alexander's: Trading At ~69% Of NAV, Yields 7.1% And Insiders Own >50%
Mar 20Alexander's: An Excellent Value Stock Currently Yielding 7%
Sep 07Alexander's: High Quality NYC REIT Trading At 70% NAV And Mike Bloomberg Pays You A 7% Yield
May 26Alexanders FFO beats by $0.01, beats on revenue
May 03Alexanders declares $4.50 dividend
Apr 28Is Alexander's, Inc.'s (NYSE:ALX) 18% ROE Better Than Average?
Dec 29
Alexanders FFO misses by $0.99, misses on revenue
Nov 02Alexanders declares $4.50 dividend
Oct 28Revenue & Expenses BreakdownBeta
How Alexander's makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 225 | 102 | 6 | 0 |
| 30 Sep 23 | 215 | 99 | 6 | 0 |
| 30 Jun 23 | 213 | 104 | 6 | 0 |
| 31 Mar 23 | 210 | 54 | 6 | 0 |
| 31 Dec 22 | 206 | 58 | 6 | 0 |
| 30 Sep 22 | 202 | 120 | 6 | 0 |
| 30 Jun 22 | 198 | 116 | 6 | 0 |
| 31 Mar 22 | 199 | 127 | 6 | 0 |
| 31 Dec 21 | 206 | 131 | 6 | 0 |
| 30 Sep 21 | 213 | 74 | 6 | 0 |
| 30 Jun 21 | 207 | 69 | 6 | 0 |
| 31 Mar 21 | 201 | 55 | 6 | 0 |
| 31 Dec 20 | 199 | 42 | 6 | 0 |
| 30 Sep 20 | 199 | 38 | 6 | 0 |
| 30 Jun 20 | 213 | 48 | 6 | 0 |
| 31 Mar 20 | 224 | 47 | 6 | 0 |
| 31 Dec 19 | 226 | 60 | 6 | 0 |
| 30 Sep 19 | 228 | 56 | 6 | 0 |
| 30 Jun 19 | 229 | 54 | 6 | 0 |
| 31 Mar 19 | 232 | 60 | 5 | 0 |
| 31 Dec 18 | 233 | 57 | 5 | 0 |
| 30 Sep 18 | 233 | 65 | 5 | 0 |
| 30 Jun 18 | 232 | 70 | 5 | 0 |
| 31 Mar 18 | 231 | 73 | 5 | 0 |
| 31 Dec 17 | 231 | 81 | 5 | 0 |
| 30 Sep 17 | 230 | 84 | 5 | 0 |
| 30 Jun 17 | 229 | 85 | 5 | 0 |
| 31 Mar 17 | 229 | 86 | 5 | 0 |
| 31 Dec 16 | 227 | 86 | 5 | 0 |
| 30 Sep 16 | 223 | 88 | 5 | 0 |
| 30 Jun 16 | 218 | 86 | 5 | 0 |
| 31 Mar 16 | 211 | 81 | 5 | 0 |
| 31 Dec 15 | 208 | 77 | 5 | 0 |
| 30 Sep 15 | 206 | 71 | 5 | 0 |
| 30 Jun 15 | 204 | 70 | 5 | 0 |
| 31 Mar 15 | 203 | 70 | 5 | 0 |
| 31 Dec 14 | 201 | 67 | 5 | 0 |
| 30 Sep 14 | 200 | 63 | 5 | 0 |
| 30 Jun 14 | 200 | 59 | 5 | 0 |
| 31 Mar 14 | 197 | 56 | 5 | 0 |
| 31 Dec 13 | 196 | 55 | 5 | 0 |
| 30 Sep 13 | 194 | 53 | 5 | 0 |
| 30 Jun 13 | 193 | 51 | 5 | 0 |
Quality Earnings: ALX has a large one-off gain of $54.0M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: ALX's current net profit margins (45.5%) are higher than last year (28%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ALX's earnings have grown by 15.9% per year over the past 5 years.
Accelerating Growth: ALX's earnings growth over the past year (77.7%) exceeds its 5-year average (15.9% per year).
Earnings vs Industry: ALX earnings growth over the past year (77.7%) exceeded the Retail REITs industry 3.4%.
Return on Equity
High ROE: Whilst ALX's Return on Equity (43.09%) is outstanding, this metric is skewed due to their high level of debt.