BRT Apartments Past Earnings Performance
Past criteria checks 1/6
BRT Apartments has been growing earnings at an average annual rate of 33.8%, while the Residential REITs industry saw earnings growing at 15.3% annually. Revenues have been growing at an average rate of 53.2% per year. BRT Apartments's return on equity is 1.8%, and it has net margins of 3.1%.
Key information
33.8%
Earnings growth rate
32.1%
EPS growth rate
| Residential REITs Industry Growth | 11.1% |
| Revenue growth rate | 53.2% |
| Return on equity | 1.8% |
| Net Margin | 3.1% |
| Next Earnings Update | 09 May 2024 |
Recent past performance updates
Recent updates
BRT Apartments: A Lower Price Would Seal The Deal
Dec 28BRT Apartments: Stock Is 30% Cheaper While Fundamentals Remain Solid
Oct 12BRT Apartments: Pause For Debt Resolution
Jul 28BRT Apartments declares $0.25 dividend
Dec 06Time To Consider Buying Real Estate With BRT Apartments
Nov 16BRT Apartments Q3 2022 Earnings Preview
Nov 07BRT Apartments declares $0.25 dividend
Sep 14BRT Apartments JV sells multifamily property in South Carolina for $32.4M
Sep 01BRT Apartments: Growing Revenues, Dividends, And Debt
Aug 16BRT Apartments Is Overlooked By The Market
May 25BRT Apartments: The 6th Best REIT Investment Of The Last 5 Years
Apr 16BRT Apartments: Growth Supported By Internal And External Factors
Jan 19Revenue & Expenses BreakdownBeta
How BRT Apartments 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 | 96 | 3 | 15 | 0 |
| 30 Sep 23 | 97 | 2 | 15 | 0 |
| 30 Jun 23 | 94 | 9 | 15 | 0 |
| 31 Mar 23 | 84 | 33 | 14 | 0 |
| 31 Dec 22 | 71 | 47 | 14 | 0 |
| 30 Sep 22 | 64 | 50 | 14 | 0 |
| 30 Jun 22 | 46 | 71 | 14 | 0 |
| 31 Mar 22 | 38 | 42 | 13 | 0 |
| 31 Dec 21 | 32 | 28 | 13 | 0 |
| 30 Sep 21 | 21 | 26 | 12 | 0 |
| 30 Jun 21 | 24 | -7 | 12 | 0 |
| 31 Mar 21 | 23 | -17 | 11 | 0 |
| 31 Dec 20 | 22 | -18 | 12 | 0 |
| 30 Sep 20 | 21 | -10 | 12 | 0 |
| 30 Jun 20 | 19 | 0 | 11 | 0 |
| 31 Mar 20 | 19 | 0 | 11 | 0 |
| 31 Dec 19 | 19 | 1 | 10 | 0 |
| 30 Sep 19 | -58 | 3 | 10 | 0 |
| 30 Jun 19 | -31 | -4 | 10 | 0 |
| 31 Mar 19 | -6 | -4 | 9 | 0 |
| 31 Dec 18 | 18 | 25 | 9 | 0 |
| 30 Sep 18 | 119 | 24 | 9 | 0 |
| 30 Jun 18 | 116 | 32 | 9 | 0 |
| 31 Mar 18 | 113 | 34 | 9 | 0 |
| 31 Dec 17 | 108 | 4 | 9 | 0 |
| 30 Sep 17 | 105 | 14 | 9 | 0 |
| 30 Jun 17 | 103 | 11 | 9 | 0 |
| 31 Mar 17 | 101 | 20 | 9 | 0 |
| 31 Dec 16 | 102 | 35 | 9 | 0 |
| 30 Sep 16 | 99 | 19 | 9 | 0 |
| 30 Jun 16 | 92 | 21 | 9 | 0 |
| 31 Mar 16 | 88 | 14 | 9 | 0 |
| 31 Dec 15 | 81 | 4 | 9 | 0 |
| 30 Sep 15 | 81 | 4 | 9 | 0 |
| 30 Jun 15 | 77 | -5 | 9 | 0 |
| 31 Mar 15 | 75 | -4 | 9 | 0 |
| 31 Dec 14 | 71 | -8 | 8 | 0 |
| 30 Sep 14 | 62 | -6 | 8 | 0 |
| 30 Jun 14 | 49 | -11 | 6 | 0 |
| 31 Mar 14 | 43 | -10 | 6 | 0 |
| 31 Dec 13 | 39 | -6 | 7 | 0 |
| 30 Sep 13 | 32 | -4 | 7 | 0 |
| 30 Jun 13 | 38 | 2 | 9 | 0 |
Quality Earnings: BRT has a large one-off gain of $15.5M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: BRT's current net profit margins (3.1%) are lower than last year (67.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BRT's earnings have grown significantly by 33.8% per year over the past 5 years.
Accelerating Growth: BRT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BRT had negative earnings growth (-93.9%) over the past year, making it difficult to compare to the Residential REITs industry average (-0.6%).
Return on Equity
High ROE: BRT's Return on Equity (1.8%) is considered low.