BRT Apartments (BRT) Financials

$15.75 -0.04 (-0.25%)

Closing price 04/23/2025 03:59 PM Eastern

Extended Trading

$15.78 +0.03 (+0.16%)

As of 04/23/2025 04:19 PM Eastern

Annual Income Statements for BRT Apartments

This table shows BRT Apartments' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	50	3.87	-9.79
Consolidated Net Income / (Loss)	50	4.02	-9.64
Net Income / (Loss) Continuing Operations	50	4.02	-9.64
Total Pre-Tax Income	51	4.07	-9.86
Total Operating Income	-15	-13	-12
Total Gross Profit	24	94	29
Total Revenue	71	94	96
Operating Revenue	71	94	96
Total Cost of Revenue	46	0.00	66
Operating Cost of Revenue	46	-	66
Total Operating Expenses	39	106	42
Selling, General & Admin Expense	15	15	16
Depreciation Expense	25	28	26
Other Operating Expenses / (Income)	-	64	0.27
Total Other Income / (Expense), net	66	17	2.45
Interest & Investment Income	66	17	1.64
Other Income / (Expense), net	0.01	-0.32	0.81
Income Tax Expense	0.82	0.05	-0.23
Net Income / (Loss) Attributable to Noncontrolling Interest	0.14	0.14	0.16
Basic Earnings per Share	$2.67	$0.16	($0.52)
Weighted Average Basic Shares Outstanding	17.79M	17.92M	17.75M
Diluted Earnings per Share	$2.66	$0.16	($0.52)
Weighted Average Diluted Shares Outstanding	17.85M	17.95M	17.75M
Weighted Average Basic & Diluted Shares Outstanding	19.14M	18.58M	18.93M
Cash Dividends to Common per Share	$0.98	-	$1.00

This table shows BRT Apartments' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	7.06	-4.36	-4.10	11	-1.49	-1.74	-3.17	-2.35	-2.21	-2.07
Consolidated Net Income / (Loss)	7.09	-4.33	-4.06	11	-1.46	-1.70	-3.14	-2.31	-2.17	-2.02
Net Income / (Loss) Continuing Operations	7.09	-4.91	-4.06	11	-1.58	-1.63	-3.14	-2.31	-2.17	-2.02
Total Pre-Tax Income	7.27	-4.34	-3.99	11	-1.58	-1.65	-3.06	-2.37	-2.48	-1.95
Total Operating Income	-4.40	-4.92	-4.80	-3.92	-2.01	-1.92	-3.29	-2.76	-2.85	-3.42
Total Gross Profit	7.44	-9.11	23	23	24	24	23	24	7.46	-25
Total Revenue	22	23	23	23	24	24	23	24	24	24
Operating Revenue	22	23	23	23	24	24	23	24	24	24
Total Cost of Revenue	14	32	0.00	0.00	0.00	-	0.00	0.00	17	49
Total Operating Expenses	12	-4.19	28	27	26	25	27	27	10	-22
Selling, General & Admin Expense	3.67	3.82	4.06	3.85	4.02	3.51	4.15	3.81	3.81	3.82
Depreciation Expense	8.17	8.03	8.01	7.54	6.54	6.39	6.44	6.47	6.50	6.53
Total Other Income / (Expense), net	12	0.58	0.82	15	0.43	0.27	0.23	0.39	0.37	1.46
Interest & Investment Income	12	0.58	0.82	15	0.43	0.59	0.23	0.39	0.37	0.66
Income Tax Expense	0.18	-0.16	0.08	0.05	-0.12	0.05	0.08	-0.07	-0.31	0.07
Net Income / (Loss) Attributable to Noncontrolling Interest	0.04	0.04	0.04	0.04	0.03	0.04	0.04	0.04	0.04	0.05
Basic Earnings per Share	$0.37	($0.23)	($0.21)	$0.59	($0.08)	($0.14)	($0.17)	($0.13)	($0.12)	($0.10)
Weighted Average Basic Shares Outstanding	17.93M	17.79M	18.06M	18.16M	17.85M	17.92M	17.63M	17.74M	17.80M	17.75M
Diluted Earnings per Share	$0.37	($0.24)	($0.21)	$0.58	($0.08)	($0.13)	($0.17)	($0.13)	($0.12)	($0.10)
Weighted Average Diluted Shares Outstanding	17.99M	17.85M	18.06M	18.22M	17.85M	17.95M	17.63M	17.74M	17.80M	17.75M
Weighted Average Basic & Diluted Shares Outstanding	18.94M	19.14M	19.18M	18.86M	18.60M	18.58M	18.64M	18.77M	18.81M	18.93M
Cash Dividends to Common per Share	-	-	-	$0.25	$0.25	-	$0.25	$0.25	$0.25	$0.25

This table details how cash moves in and out of BRT Apartments' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Net Change in Cash & Equivalents	200	4.05	8.80
Net Cash From Operating Activities	15	20	24
Net Cash From Continuing Operating Activities	247	20	24
Net Income / (Loss) Continuing Operations	50	4.02	-9.64
Consolidated Net Income / (Loss)	50	4.02	-9.64
Depreciation Expense	25	28	26
Amortization Expense	0.77	1.69	1.71
Non-Cash Adjustments To Reconcile Net Income	-61	-13	2.69
Changes in Operating Assets and Liabilities, net	233	-1.47	3.46
Net Cash From Investing Activities	-16	17	-19
Net Cash From Continuing Investing Activities	-30	17	-19
Acquisitions	-3.50	-0.32	-0.17
Purchase of Investments	-	0.00	-18
Sale of Property, Plant & Equipment	4.39	0.71	0.95
Sale and/or Maturity of Investments	91	26	4.71
Other Investing Activities, net	-122	-9.40	-6.15
Net Cash From Financing Activities	-13	-32	3.57
Net Cash From Continuing Financing Activities	-17	-32	3.57
Repayment of Debt	-72	-23	-5.10
Repurchase of Common Equity	0.00	-14	-3.50
Payment of Dividends	-18	-19	-19
Issuance of Debt	62	21	27
Issuance of Common Equity	11	3.03	3.63
Cash Interest Paid	14	20	21
Cash Income Taxes Paid	0.28	0.69	-0.44

This table details how cash moves in and out of BRT Apartments' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	-163	448	-7.80	18	-0.71	-5.74	-6.40	0.72	30	-15
Net Cash From Operating Activities	5.67	7.00	0.21	6.14	9.32	3.94	0.65	6.94	8.97	7.58
Net Cash From Continuing Operating Activities	-118	471	0.21	6.14	9.32	3.94	0.65	6.94	8.97	7.58
Net Income / (Loss) Continuing Operations	7.09	-4.18	-4.06	11	-1.46	-1.70	-3.14	-2.31	-2.17	-2.02
Consolidated Net Income / (Loss)	7.09	-4.18	-4.06	11	-1.46	-1.70	-3.14	-2.31	-2.17	-2.02
Depreciation Expense	8.17	8.03	8.01	7.54	6.54	6.39	6.44	6.47	6.50	6.53
Amortization Expense	0.41	0.39	0.41	0.43	0.42	0.42	0.41	-0.00	0.88	0.42
Non-Cash Adjustments To Reconcile Net Income	-10	0.72	0.60	-14	0.20	0.10	1.11	0.70	0.82	0.05
Changes in Operating Assets and Liabilities, net	-124	466	-4.74	0.94	3.61	-1.28	-4.17	2.09	2.94	2.61
Net Cash From Investing Activities	-50	3.22	0.07	18	-0.18	-1.39	-0.08	-0.59	-0.61	-18
Net Cash From Continuing Investing Activities	-50	-11	0.07	18	-0.18	-1.39	-0.08	-0.59	-0.61	-18
Sale and/or Maturity of Investments	15	1.76	2.23	21	1.46	1.04	1.52	1.33	0.97	0.89
Other Investing Activities, net	-2.28	-122	-2.16	-2.67	-1.63	-2.95	-1.60	-1.76	-1.59	-1.21
Net Cash From Financing Activities	5.65	-7.78	-8.08	-6.01	-9.85	-8.29	-6.97	-5.63	21	-5.13
Net Cash From Continuing Financing Activities	5.65	-12	-8.08	-6.01	-9.85	-8.29	-6.97	-5.63	21	-5.13
Repayment of Debt	-16	-29	-20	-0.81	-0.81	-0.87	-0.95	-0.94	-2.16	-1.06
Repurchase of Common Equity	-	-	0.00	-5.84	-4.95	-3.61	-2.27	-0.93	-0.12	-0.18
Payment of Dividends	-4.74	-4.77	-9.52	-0.04	-4.77	-4.72	-4.68	-4.71	-4.75	-4.69
Issuance of Common Equity	4.44	0.66	0.76	0.67	0.68	0.92	0.93	0.95	0.95	0.80
Cash Interest Paid	4.34	4.92	5.09	5.08	5.13	5.12	5.12	5.15	5.16	5.44
Cash Income Taxes Paid	-	-0.01	0.01	0.69	0.01	-0.02	0.01	0.05	0.01	-0.50

This table presents BRT Apartments' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Total Assets	733	710	713
Total Current Assets	21	24	28
Cash & Equivalents	20	24	28
Plant, Property, & Equipment, net	652	0.00	0.00
Total Noncurrent Assets	60	686	686
Long-Term Investments	43	34	31
Noncurrent Note & Lease Receivables	-	0.00	18
Other Noncurrent Operating Assets	17	652	637
Total Liabilities & Shareholders' Equity	733	710	713
Total Liabilities	483	482	509
Total Current Liabilities	42	22	25
Accounts Payable	23	22	25
Total Noncurrent Liabilities	441	460	484
Long-Term Debt	404	422	446
Other Noncurrent Operating Liabilities	37	37	37
Commitments & Contingencies	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	250	228	205
Total Preferred & Common Equity	250	228	205
Preferred Stock	0.00	0.00	0.00
Total Common Equity	250	228	205
Common Stock	274	267	272
Retained Earnings	-24	-39	-67
Noncontrolling Interest	-0.02	-0.02	-0.06

This table presents BRT Apartments' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	744	720	728	721	699	695	718
Total Current Assets	23	16	31	28	21	19	46
Cash & Equivalents	22	15	31	28	21	19	46
Plant, Property, & Equipment, net	656	0.00	644	640	631	626	621
Total Noncurrent Assets	65	704	53	53	47	49	51
Long-Term Investments	44	41	36	35	33	32	32
Other Noncurrent Operating Assets	22	662	17	19	14	17	19
Total Liabilities & Shareholders' Equity	744	720	728	721	699	695	718
Total Liabilities	487	476	482	484	479	480	508
Total Current Liabilities	24	15	22	24	20	22	24
Short-Term Debt	-	-	0.00	0.00	0.00	0.00	0.00
Accounts Payable	24	15	22	24	20	22	24
Total Noncurrent Liabilities	463	461	461	460	459	458	484
Long-Term Debt	463	424	423	423	422	421	447
Other Noncurrent Operating Liabilities	-	37	37	37	37	37	37
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	257	243	246	237	221	215	210
Total Preferred & Common Equity	257	243	246	237	221	215	210
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	257	243	246	237	221	215	210
Common Stock	272	276	272	269	267	269	271
Retained Earnings	-15	-33	-27	-33	-47	-54	-61
Noncontrolling Interest	-0.02	0.02	0.02	0.01	-0.04	-0.06	-0.10

This table displays calculated financial ratios and metrics derived from BRT Apartments' official financial filings.

Metric	2022	2023	2024
Growth Metrics	-	-	-
Revenue Growth	120.01%	32.74%	2.15%
EBITDA Growth	79.64%	62.70%	-6.24%
EBIT Growth	-531.79%	13.58%	11.27%
NOPAT Growth	-47.73%	15.52%	30.93%
Net Income Growth	70.79%	-91.96%	-340.00%
EPS Growth	64.20%	-93.99%	-425.00%
Operating Cash Flow Growth	3,020.60%	26.90%	23.14%
Free Cash Flow Firm Growth	-145.62%	100.95%	-317.24%
Invested Capital Growth	142.14%	-2.63%	-0.16%
Revenue Q/Q Growth	21.39%	0.86%	0.48%
EBITDA Q/Q Growth	38.14%	6.59%	-3.35%
EBIT Q/Q Growth	-17.20%	17.11%	-6.42%
NOPAT Q/Q Growth	-17.59%	28.05%	-13.87%
Net Income Q/Q Growth	-5.85%	188.85%	-3.47%
EPS Q/Q Growth	-6.99%	220.00%	5.45%
Operating Cash Flow Q/Q Growth	89.76%	-13.51%	17.78%
Free Cash Flow Firm Q/Q Growth	16.58%	-90.89%	-176.81%
Invested Capital Q/Q Growth	-6.76%	-0.67%	2.18%
Profitability Metrics	-	-	-
Gross Margin	34.67%	100.00%	30.83%
EBITDA Margin	14.99%	18.37%	16.87%
Operating Margin	-21.28%	-13.51%	-12.87%
EBIT Margin	-21.28%	-13.85%	-12.03%
Profit (Net Income) Margin	70.83%	4.29%	-10.08%
Tax Burden Percent	98.10%	98.67%	97.71%
Interest Burden Percent	-339.35%	-31.38%	85.71%
Effective Tax Rate	1.61%	1.33%	0.00%
Return on Invested Capital (ROIC)	-3.43%	-2.08%	-1.45%
ROIC Less NNEP Spread (ROIC-NNEP)	28.32%	2.48%	-1.72%
Return on Net Nonoperating Assets (RNNOA)	25.49%	3.75%	-2.99%
Return on Equity (ROE)	22.05%	1.68%	-4.45%
Cash Return on Invested Capital (CROIC)	-86.52%	0.59%	-1.30%
Operating Return on Assets (OROA)	-2.52%	-1.80%	-1.62%
Return on Assets (ROA)	8.38%	0.56%	-1.35%
Return on Common Equity (ROCE)	22.06%	1.68%	-4.45%
Return on Equity Simple (ROE_SIMPLE)	19.98%	1.76%	-4.70%
Net Operating Profit after Tax (NOPAT)	-15	-12	-8.62
NOPAT Margin	-20.94%	-13.33%	-9.01%
Net Nonoperating Expense Percent (NNEP)	-31.75%	-4.56%	0.27%
Return On Investment Capital (ROIC_SIMPLE)	-2.19%	-1.92%	-1.32%
Cost of Revenue to Revenue	65.33%	0.00%	69.17%
SG&A Expenses to Revenue	20.78%	16.49%	16.31%
R&D to Revenue	0.00%	0.00%	0.00%
Operating Expenses to Revenue	55.96%	113.51%	43.70%
Earnings before Interest and Taxes (EBIT)	-15	-13	-12
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	11	17	16
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	1.31	1.41	1.63
Price to Tangible Book Value (P/TBV)	1.31	1.41	1.63
Price to Revenue (P/Rev)	4.65	3.44	3.50
Price to Earnings (P/E)	6.58	83.11	0.00
Dividend Yield	5.66%	5.78%	5.62%
Earnings Yield	15.19%	1.20%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.13	1.16	1.22
Enterprise Value to Revenue (EV/Rev)	9.74	7.33	7.55
Enterprise Value to EBITDA (EV/EBITDA)	64.98	39.91	44.74
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	44.47	35.02	29.89
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	194.06	0.00
Leverage & Solvency	-	-	-
Debt to Equity	1.69	1.85	2.18
Long-Term Debt to Equity	1.61	1.85	2.18
Financial Leverage	0.90	1.51	1.74
Leverage Ratio	2.63	3.01	3.28
Compound Leverage Factor	-8.93	-0.95	2.82
Debt to Total Capital	62.83%	64.90%	68.54%
Short-Term Debt to Total Capital	2.82%	0.00%	0.00%
Long-Term Debt to Total Capital	60.01%	64.90%	68.54%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	-0.01%
Common Equity to Total Capital	37.17%	35.10%	31.47%
Debt to EBITDA	39.99	24.56	27.68
Net Debt to EBITDA	33.96	21.20	24.01
Long-Term Debt to EBITDA	38.19	24.56	27.68
Debt to NOPAT	-28.63	-33.86	-51.80
Net Debt to NOPAT	-24.31	-29.23	-44.94
Long-Term Debt to NOPAT	-27.34	-33.86	-51.80
Altman Z-Score	0.36	0.40	0.35
Noncontrolling Interest Sharing Ratio	-0.01%	-0.01%	-0.02%
Liquidity Ratios	-	-	-
Current Ratio	0.51	1.07	1.12
Quick Ratio	0.49	1.07	1.12
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	-372	3.54	-7.69
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	-661.35	0.00	0.00
Operating Cash Flow to Interest Expense	27.44	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	35.23	0.00	0.00
Efficiency Ratios	-	-	-
Asset Turnover	0.12	0.13	0.13
Accounts Receivable Turnover	0.00	0.00	0.00
Inventory Turnover	0.00	0.00	0.00
Fixed Asset Turnover	0.00	0.00	0.00
Accounts Payable Turnover	2.18	0.00	2.82
Days Sales Outstanding (DSO)	0.00	0.00	0.00
Days Inventory Outstanding (DIO)	0.00	0.00	0.00
Days Payable Outstanding (DPO)	167.31	0.00	129.29
Cash Conversion Cycle (CCC)	-167.31	0.00	-129.29
Capital & Investment Metrics	-	-	-
Invested Capital	609	593	592
Invested Capital Turnover	0.16	0.16	0.16
Increase / (Decrease) in Invested Capital	358	-16	-0.93
Enterprise Value (EV)	687	687	722
Market Capitalization	328	322	334
Book Value per Share	$13.20	$12.29	$10.90
Tangible Book Value per Share	$13.20	$12.29	$10.90
Total Capital	673	651	651
Total Debt	423	422	446
Total Long-Term Debt	404	422	446
Net Debt	359	365	387
Capital Expenditures (CapEx)	-4.39	-0.71	-0.95
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-23	-22	-25
Debt-free Net Working Capital (DFNWC)	-1.48	1.56	2.94
Net Working Capital (NWC)	-20	1.56	2.94
Net Nonoperating Expense (NNE)	-65	-16	1.02
Net Nonoperating Obligations (NNO)	359	365	387
Total Depreciation and Amortization (D&A)	26	30	28
Debt-free, Cash-free Net Working Capital to Revenue	-32.09%	-23.44%	-26.05%
Debt-free Net Working Capital to Revenue	-2.10%	1.67%	3.08%
Net Working Capital to Revenue	-29.04%	1.67%	3.08%
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.16	($0.52)
Adjusted Weighted Average Basic Shares Outstanding	0.00	17.92M	17.75M
Adjusted Diluted Earnings per Share	$0.00	$0.16	($0.52)
Adjusted Weighted Average Diluted Shares Outstanding	0.00	17.95M	17.75M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	18.58M	18.93M
Normalized Net Operating Profit after Tax (NOPAT)	-15	-14	-8.62
Normalized NOPAT Margin	-20.94%	-15.05%	-9.01%
Pre Tax Income Margin	72.20%	4.35%	-10.31%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	-26.65	0.00	0.00
NOPAT to Interest Expense	-26.23	0.00	0.00
EBIT Less CapEx to Interest Expense	-18.86	0.00	0.00
NOPAT Less CapEx to Interest Expense	-18.44	0.00	0.00
Payout Ratios	-	-	-
Dividend Payout Ratio	36.07%	474.42%	-195.45%
Augmented Payout Ratio	36.07%	833.05%	-231.72%

This table displays calculated financial ratios and metrics derived from BRT Apartments' official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	181.27%	120.86%	100.62%	58.79%	9.93%	3.51%	2.02%	2.33%	2.28%	1.96%
EBITDA Growth	2,923.91%	489.58%	263.05%	113.88%	18.86%	39.54%	-1.47%	-8.71%	-8.69%	-27.89%
EBIT Growth	-156.83%	-81.51%	-86.59%	-25.69%	54.33%	61.01%	31.56%	29.50%	-41.73%	-78.25%
NOPAT Growth	-101.98%	-81.51%	-31.15%	-27.66%	67.23%	61.01%	31.56%	50.42%	-41.73%	-78.25%
Net Income Growth	-74.79%	-254.59%	-135.19%	-68.47%	-120.58%	60.68%	22.80%	-120.55%	-48.42%	-18.99%
EPS Growth	-75.97%	-500.00%	-133.87%	-69.63%	-121.62%	45.83%	19.05%	-122.41%	-50.00%	23.08%
Operating Cash Flow Growth	97.80%	2,372.73%	-55.01%	165.58%	64.40%	-43.76%	209.48%	13.14%	-3.81%	92.56%
Free Cash Flow Firm Growth	-627.75%	-151.59%	-148.96%	46.38%	112.50%	104.06%	105.87%	109.44%	-71.56%	-109.94%
Invested Capital Growth	197.62%	142.14%	115.13%	36.37%	-8.60%	-2.63%	-3.55%	-2.90%	-2.94%	-0.16%
Revenue Q/Q Growth	47.75%	4.67%	1.00%	1.65%	2.29%	-1.44%	-0.45%	1.96%	2.24%	-1.75%
EBITDA Q/Q Growth	120.21%	-15.94%	3.08%	12.09%	22.38%	-1.31%	-27.21%	3.85%	22.41%	-22.06%
EBIT Q/Q Growth	-41.02%	-11.83%	2.36%	18.37%	48.76%	4.53%	-71.41%	15.92%	-3.00%	-20.06%
NOPAT Q/Q Growth	-40.36%	19.76%	2.36%	-16.09%	63.97%	4.53%	-71.41%	15.92%	-3.00%	-20.06%
Net Income Q/Q Growth	-80.10%	-160.98%	6.10%	376.66%	-112.99%	-16.51%	-84.36%	26.37%	6.15%	6.60%
EPS Q/Q Growth	-80.63%	-164.86%	12.50%	376.19%	-113.79%	-62.50%	-30.77%	23.53%	7.69%	16.67%
Operating Cash Flow Q/Q Growth	145.50%	23.44%	-96.99%	2,807.58%	51.96%	-57.77%	-83.41%	962.94%	29.20%	-15.47%
Free Cash Flow Firm Q/Q Growth	-42.77%	17.59%	8.66%	50.10%	133.29%	-73.22%	31.97%	-19.81%	0.34%	-109.36%
Invested Capital Q/Q Growth	47.93%	-6.76%	0.13%	-1.25%	-0.85%	-0.67%	-0.82%	-0.59%	-0.90%	2.18%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	34.30%	-40.09%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	30.60%	-105.34%
EBITDA Margin	19.23%	15.45%	15.76%	17.38%	20.79%	20.82%	15.22%	15.51%	18.56%	14.73%
Operating Margin	-20.27%	-21.65%	-20.93%	-16.81%	-8.42%	-8.15%	-14.04%	-11.58%	-11.67%	-14.26%
EBIT Margin	-20.27%	-21.65%	-20.93%	-16.81%	-8.42%	-8.15%	-14.04%	-11.58%	-11.67%	-14.26%
Profit (Net Income) Margin	32.70%	-19.05%	-17.71%	48.19%	-6.12%	-7.24%	-13.40%	-9.68%	-8.88%	-8.44%
Tax Burden Percent	97.55%	99.75%	101.91%	99.55%	92.29%	102.97%	102.55%	97.26%	87.48%	103.64%
Interest Burden Percent	-165.39%	88.20%	83.02%	-288.06%	78.78%	86.18%	93.06%	85.92%	87.03%	57.16%
Effective Tax Rate	2.45%	0.00%	0.00%	0.45%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	-2.63%	-2.48%	-2.69%	-2.91%	-0.87%	-0.89%	-1.54%	-1.29%	-1.32%	-1.61%
ROIC Less NNEP Spread (ROIC-NNEP)	2.93%	-2.92%	-3.01%	2.61%	-0.89%	-0.99%	-1.77%	-1.40%	-1.37%	-1.51%
Return on Net Nonoperating Assets (RNNOA)	2.59%	-2.63%	-2.87%	2.89%	-1.36%	-1.49%	-2.80%	-2.20%	-2.24%	-2.62%
Return on Equity (ROE)	-0.04%	-5.11%	-5.56%	-0.01%	-2.24%	-2.38%	-4.35%	-3.49%	-3.56%	-4.23%
Cash Return on Invested Capital (CROIC)	-102.28%	-86.52%	-76.83%	-34.18%	6.21%	0.59%	1.78%	1.77%	1.70%	-1.30%
Operating Return on Assets (OROA)	-2.06%	-2.56%	-2.86%	-2.29%	-1.07%	-1.06%	-1.86%	-1.54%	-1.54%	-1.92%
Return on Assets (ROA)	3.33%	-2.25%	-2.42%	6.56%	-0.78%	-0.94%	-1.78%	-1.29%	-1.18%	-1.13%
Return on Common Equity (ROCE)	-0.04%	-5.11%	-5.56%	-0.01%	-2.24%	-2.38%	-4.35%	-3.49%	-3.56%	-4.24%
Return on Equity Simple (ROE_SIMPLE)	20.64%	0.00%	14.12%	4.05%	0.59%	0.00%	2.24%	-4.01%	-4.44%	0.00%
Net Operating Profit after Tax (NOPAT)	-4.29	-3.44	-3.36	-3.90	-1.41	-1.34	-2.30	-1.93	-1.99	-2.39
NOPAT Margin	-19.77%	-15.16%	-14.65%	-16.73%	-5.89%	-5.71%	-9.83%	-8.11%	-8.17%	-9.98%
Net Nonoperating Expense Percent (NNEP)	-5.56%	0.43%	0.32%	-5.52%	0.01%	0.10%	0.23%	0.10%	0.05%	-0.10%
Return On Investment Capital (ROIC_SIMPLE)	-0.60%	-0.51%	-0.50%	-0.58%	-0.21%	-0.21%	-0.36%	-0.30%	-0.30%	-0.37%
Cost of Revenue to Revenue	65.70%	140.09%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	69.40%	205.34%
SG&A Expenses to Revenue	16.93%	16.80%	17.68%	16.50%	16.84%	14.94%	17.74%	15.98%	15.62%	15.93%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	54.56%	-18.44%	120.93%	116.81%	108.42%	108.15%	114.04%	111.58%	42.26%	-91.09%
Earnings before Interest and Taxes (EBIT)	-4.40	-4.92	-4.80	-3.92	-2.01	-1.92	-3.29	-2.76	-2.85	-3.42
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	4.17	3.51	3.62	4.05	4.96	4.90	3.56	3.70	4.53	3.53
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.30	1.31	1.39	1.40	1.25	1.41	1.34	1.45	1.53	1.63
Price to Tangible Book Value (P/TBV)	1.30	1.31	1.39	1.40	1.25	1.41	1.34	1.45	1.53	1.63
Price to Revenue (P/Rev)	5.74	4.65	4.11	3.79	3.18	3.44	3.14	3.30	3.37	3.50
Price to Earnings (P/E)	6.31	6.58	9.86	35.09	236.49	83.11	61.49	0.00	0.00	0.00
Dividend Yield	5.43%	5.66%	5.67%	5.58%	6.40%	5.78%	6.30%	5.97%	5.85%	5.62%
Earnings Yield	15.86%	15.19%	10.14%	2.85%	0.42%	1.20%	1.63%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.12	1.13	1.15	1.16	1.10	1.16	1.13	1.17	1.19	1.22
Enterprise Value to Revenue (EV/Rev)	12.56	9.74	8.58	7.72	7.06	7.33	7.04	7.21	7.25	7.55
Enterprise Value to EBITDA (EV/EBITDA)	95.37	64.98	53.36	45.63	40.60	39.91	37.94	39.86	41.37	44.74
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	89.65	44.47	46.34	36.83	28.90	35.02	33.06	32.72	33.68	29.89
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	16.87	194.06	62.17	65.10	69.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.80	1.69	1.74	1.72	1.79	1.85	1.91	1.96	2.13	2.18
Long-Term Debt to Equity	1.80	1.61	1.74	1.72	1.79	1.85	1.91	1.96	2.13	2.18
Financial Leverage	0.88	0.90	0.95	1.11	1.53	1.51	1.58	1.58	1.63	1.74
Leverage Ratio	2.46	2.63	2.63	2.69	2.97	3.01	3.06	3.09	3.22	3.28
Compound Leverage Factor	-4.07	2.32	2.18	-7.76	2.34	2.60	2.85	2.65	2.80	1.88
Debt to Total Capital	64.28%	62.83%	63.53%	63.27%	64.11%	64.90%	65.66%	66.24%	68.07%	68.54%
Short-Term Debt to Total Capital	0.00%	2.82%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	64.28%	60.01%	63.53%	63.27%	64.11%	64.90%	65.66%	66.24%	68.07%	68.54%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-0.01%	-0.01%	-0.02%	-0.01%
Common Equity to Total Capital	35.70%	37.17%	36.47%	36.72%	35.89%	35.10%	34.35%	33.77%	31.95%	31.47%
Debt to EBITDA	60.46	39.99	32.13	27.58	26.21	24.56	24.14	24.61	26.80	27.68
Net Debt to EBITDA	51.77	33.96	27.79	23.23	22.33	21.20	21.04	21.62	22.16	24.01
Long-Term Debt to EBITDA	60.46	38.19	32.13	27.58	26.21	24.56	24.14	24.61	26.80	27.68
Debt to NOPAT	-36.84	-28.63	-25.18	-23.83	-24.39	-33.86	-38.33	-60.34	-59.08	-51.80
Net Debt to NOPAT	-31.54	-24.31	-21.78	-20.06	-20.78	-29.23	-33.40	-53.01	-48.86	-44.94
Long-Term Debt to NOPAT	-36.84	-27.34	-25.18	-23.83	-24.39	-33.86	-38.33	-60.34	-59.08	-51.80
Altman Z-Score	0.44	0.40	0.45	0.50	0.43	0.45	0.40	0.40	0.42	0.39
Noncontrolling Interest Sharing Ratio	0.04%	-0.01%	0.01%	0.04%	0.03%	-0.01%	0.00%	-0.01%	-0.02%	-0.02%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.95	0.51	1.04	1.45	1.16	1.07	1.07	0.88	1.94	1.12
Quick Ratio	0.92	0.49	0.99	1.45	1.16	1.07	1.07	0.88	1.94	1.12
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-438	-361	-330	-165	55	15	19	16	16	-1.46
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.10	0.12	0.14	0.14	0.13	0.13	0.13	0.13	0.13	0.13
Accounts Receivable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	0.00	0.00	0.17	0.14	0.00	0.00	0.15	0.15	0.00
Accounts Payable Turnover	0.64	2.18	2.59	2.12	1.32	0.00	0.00	0.00	0.71	2.82
Days Sales Outstanding (DSO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	567.44	167.31	140.80	172.42	276.10	0.00	0.00	0.00	516.73	129.29
Cash Conversion Cycle (CCC)	-567.44	-167.31	-140.80	-172.42	-276.10	0.00	0.00	0.00	-516.73	-129.29
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	653	609	610	602	597	593	588	585	580	592
Invested Capital Turnover	0.13	0.16	0.18	0.17	0.15	0.16	0.16	0.16	0.16	0.16
Increase / (Decrease) in Invested Capital	434	358	326	161	-56	-16	-22	-17	-18	-0.93
Enterprise Value (EV)	730	687	704	700	655	687	663	682	690	722
Market Capitalization	334	328	337	344	295	322	295	312	321	334
Book Value per Share	$13.62	$13.20	$12.71	$12.81	$12.55	$12.29	$11.87	$11.52	$11.18	$10.90
Tangible Book Value per Share	$13.62	$13.20	$12.71	$12.81	$12.55	$12.29	$11.87	$11.52	$11.18	$10.90
Total Capital	720	673	667	669	660	651	642	636	657	651
Total Debt	463	423	424	423	423	422	422	421	447	446
Total Long-Term Debt	463	404	424	423	423	422	422	421	447	446
Net Debt	396	359	367	357	360	365	368	370	370	387
Capital Expenditures (CapEx)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-24	-23	-15	-22	-24	-22	-20	-22	-24	-25
Debt-free Net Working Capital (DFNWC)	-1.13	-1.48	0.66	9.79	3.85	1.56	1.36	-2.69	22	2.94
Net Working Capital (NWC)	-1.13	-20	0.66	9.79	3.85	1.56	1.36	-2.69	22	2.94
Net Nonoperating Expense (NNE)	-11	0.88	0.70	-15	0.05	0.36	0.84	0.37	0.17	-0.37
Net Nonoperating Obligations (NNO)	396	359	367	357	360	365	368	370	370	387
Total Depreciation and Amortization (D&A)	8.57	8.43	8.42	7.97	6.97	6.81	6.85	6.46	7.38	6.95
Debt-free, Cash-free Net Working Capital to Revenue	-41.07%	-32.09%	-18.80%	-23.76%	-26.15%	-23.44%	-21.14%	-22.87%	-24.87%	-26.05%
Debt-free Net Working Capital to Revenue	-1.94%	-2.10%	0.81%	10.80%	4.14%	1.67%	1.45%	-2.84%	23.26%	3.08%
Net Working Capital to Revenue	-1.94%	-29.04%	0.81%	10.80%	4.14%	1.67%	1.45%	-2.84%	23.26%	3.08%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.37	($0.23)	($0.21)	$0.59	($0.08)	($0.14)	($0.17)	($0.13)	($0.12)	($0.10)
Adjusted Weighted Average Basic Shares Outstanding	17.93M	17.79M	18.06M	18.16M	17.85M	17.92M	17.63M	17.74M	17.80M	17.75M
Adjusted Diluted Earnings per Share	$0.37	($0.24)	($0.21)	$0.58	($0.08)	($0.13)	($0.17)	($0.13)	($0.12)	($0.10)
Adjusted Weighted Average Diluted Shares Outstanding	17.99M	17.85M	18.06M	18.22M	17.85M	17.95M	17.63M	17.74M	17.80M	17.75M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	18.94M	19.14M	19.18M	18.86M	18.60M	18.58M	18.64M	18.77M	18.81M	18.93M
Normalized Net Operating Profit after Tax (NOPAT)	-4.29	-3.44	-3.53	-4.12	-2.01	-1.56	-2.30	-1.93	-1.99	-2.39
Normalized NOPAT Margin	-19.77%	-15.16%	-15.38%	-17.65%	-8.43%	-6.65%	-9.83%	-8.11%	-8.17%	-9.98%
Pre Tax Income Margin	33.52%	-19.10%	-17.38%	48.41%	-6.63%	-7.03%	-13.07%	-9.95%	-10.15%	-8.15%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	32.61%	36.07%	67.96%	191.65%	1,373.74%	474.42%	287.61%	-219.38%	-202.53%	-195.45%
Augmented Payout Ratio	32.61%	36.07%	67.96%	250.34%	2,149.71%	833.05%	624.91%	-356.03%	-276.89%	-231.72%

Frequently Asked Questions About BRT Apartments' Financials

When does BRT Apartments's fiscal year end?

According to the most recent income statement we have on file, BRT Apartments' financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has BRT Apartments' net income changed over the last 2 years?

BRT Apartments' net income appears to be on a downward trend, with a most recent value of -$9.64 million in 2024, falling from $49.96 million in 2022. The previous period was $4.02 million in 2023.

What is BRT Apartments's operating income?

BRT Apartments's total operating income in 2024 was -$12.31 million, based on the following breakdown:

Total Gross Profit: $29.48 million
Total Operating Expenses: $41.79 million

How has BRT Apartments revenue changed over the last 2 years?

Over the last 2 years, BRT Apartments' total revenue changed from $70.53 million in 2022 to $95.63 million in 2024, a change of 35.6%.

How much debt does BRT Apartments have?

BRT Apartments' total liabilities were at $508.55 million at the end of 2024, a 5.6% increase from 2023, and a 5.4% increase since 2022.

How much cash does BRT Apartments have?

In the past 2 years, BRT Apartments' cash and equivalents has ranged from $20.28 million in 2022 to $27.86 million in 2024, and is currently $27.86 million as of their latest financial filing in 2024.

How has BRT Apartments' book value per share changed over the last 2 years?

Over the last 2 years, BRT Apartments' book value per share changed from 13.20 in 2022 to 10.90 in 2024, a change of -17.5%.

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This page (NYSE:BRT) was last updated on 4/24/2025 by MarketBeat.com Staff

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BRT Apartments (BRT) Financials

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BRT Apartments (BRT) Financials

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