SequelSEC

ALEXANDERS INC ALX

Real Estate Investment Trusts · CIK 0000003499 · Fiscal year ends 1231

Revenue
$213.18M
Fiscal year ended 2025-12-31
Operating income
Unavailable
Fiscal year ended 2025-12-31
Free cash flow
Unavailable
Fiscal year ended 2025-12-31

Valuation, from the filing

Public float$478.96MMarket value of stock held by non-affiliates, as stated on the cover page for 2025-06-30
Float per share$93.78Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself.
Float / net income17.0×A lower bound on the multiple, because affiliate holdings are excluded.
Float / revenue2.2×A lower bound on the multiple, because affiliate holdings are excluded.
Float / equity4.4×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.

Valuation over time

17.0× earnings today, against a median of 11.0× across 10 years on record. Above its own history.

Float measuredPublic floatFloat / net income
2025-06-30$478.96M17.0×
2024-06-30$477.91M11.0×
2023-06-30$390.77M3.8×
2022-06-30$472.17M8.2×
2021-06-30$569.49M4.3×
2020-06-30$511.23M12.2×
2019-06-30$785.47M13.1×
2018-06-30$810.09M24.7×
2017-06-30$890.37M11.1×
2016-06-30$861.30M10.0×

Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.

How this compares in its industry

Percentile among the Real Estate Investment Trusts filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.

MeasureReportedPercentile
SBC / revenue0.2%3th
Revenue YoY growth-5.8%18th
Net margin13.2%54th

ALEXANDERS INC (ALX) reported revenue of $213.18M and net income of $28.22M for the fiscal year ended 2025-12-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from ALEXANDERS INC’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Real Estate Investment Trusts.

Income

ALEXANDERS INC income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Revenue$213.18M$226.37M$224.96M$205.81M$206.15M$199.14M$226.35M$232.82M$230.57M$226.94M
Cost of revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Gross profitUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Operating incomeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable$100.62M$105.27M$105.46M
Net income$28.22M$43.44M$102.41M$57.63M$132.93M$41.94M$60.08M$32.84M$80.51M$86.48M
Research & developmentUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Weighted-average diluted sharesshares 5.14Mshares 5.13Mshares 5.13Mshares 5.13Mshares 5.12Mshares 5.12Mshares 5.12MUnavailableUnavailableUnavailable
Pretax incomeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable$56.64M$80.51M$86.52M
Income tax expenseUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable$4.00K$3.00K$48.00K
Diluted EPS$5.50$8.46$19.97$11.24$25.94$8.19$11.74UnavailableUnavailableUnavailable
Selling, general & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
General & administrative$6.56M$6.52M$6.34M$6.11M$5.92M$6.31M$5.77M$5.34M$5.26M$5.44M
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

ALEXANDERS INC balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Cash & equivalents$128.17M$338.53M$531.86M$194.93M$463.54M$428.71M$298.06M$283.06M$307.54M$288.93M
Total assets$1.11B$1.34B$1.40B$1.40B$1.39B$1.40B$1.27B$1.29B$1.63B$1.45B
Current assetsUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Total liabilities$1.00B$1.16B$1.17B$1.16B$1.14B$1.20B$1.01B$1.00B$1.29B$1.10B
Current liabilitiesUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Total equity incl. NCI$109.16M$176.86M$237.66M$236.50M$252.59M$203.23M$253.52M$285.09M$343.96M$352.84M
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
InventoryUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts receivable$4.11M$5.11M$6.08M$4.70M$6.38M$8.12M$6.09M$4.08M$2.69M$3.06M
GoodwillUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debtUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts payableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Cash flow

ALEXANDERS INC cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Operating cash flow$73.44M$54.11M$109.11M$102.55M$118.46M$78.07M$126.07M$73.54M$123.43M$130.82M
Capital expendituresUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Investing cash flow-$20.79M-$13.22M$321.81M-$279.27M$75.46M-$32.46M-$9.45M-$1.14M-$201.97M-$15.51M
Financing cash flow-$254.27M-$200.02M-$92.42M-$92.31M-$160.29M$90.29M-$92.14M-$176.18M$97.15M-$85.29M
Net change in cash-$201.61M-$159.14M$338.50M-$269.03M$33.63M$135.90M$24.48M-$103.78M$18.60M$30.02M
Stock-based compensation$394.00K$450.00K$450.00K$450.00K$450.00K$600.00K$394.00K$394.00K$394.00KUnavailable
Common dividends paid$92.42M$92.38M$92.32M$92.26M$92.22M$92.17M$92.12M$92.10M$86.96M$81.82M
Common share repurchasesUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Depreciation & amortization$38.14M$37.90M$34.47M$31.45M$34.59M$35.12M$36.52M$38.50M$38.68M$36.37M

Derived

ALEXANDERS INC derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Free cash flowUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Gross marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Operating marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable46.5%
FCF marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
SBC / revenue0.2%0.2%0.2%0.2%0.2%0.3%0.2%0.2%0.2%Unavailable
Current ratioUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Revenue YoY growth-5.8%0.6%9.3%-0.2%3.5%-12.0%-2.8%1.0%1.6%Unavailable
Net margin13.2%19.2%45.5%28.0%64.5%21.1%26.5%14.1%34.9%38.1%
R&D / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
CapEx / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debt / equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rateUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable0.0%0.0%0.1%

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open ALX in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-03View SEC filing
10-Q · Filed 2026-05-04View SEC filing
10-K · Filed 2026-02-09View SEC filing
10-Q · Filed 2025-11-03View SEC filing
10-Q · Filed 2025-08-04View SEC filing
10-Q · Filed 2025-05-05View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.