Alexander's Inc (ALX)

Alexander's, Inc. is a real estate investment trust (REIT) engaged in leasing, managing, developing and redeveloping properties. Alexander's activities are conducted through its manager, Vornado Realty Trust. Alexander's has four properties in the greater New York City metropolitan area consisting of: 731 Lexington Avenue office and retail (including Bloomberg, L.P.'s world headquarters), the Rego Center complex in Rego Park, Queens, including the Rego Park II retail property and The Alexander apartment tower, and a retail property located in Flushing, NY. Alexander's, Inc. was incorporated in 1928 and is based in Paramus, United States.

Ticker: ALX
Exchange: NYSE
Sector: Real Estate
Industry: REIT - Retail
Market cap: $1.29B
52-week range: $201.28 - $289.43

Valuation

Share price: $253.02 (close of Nov 6, 2026)
P/E (TTM): 6.80x
Price to book: 5.67x
Price to free cash flow: 24.23x
Enterprise value: $1.90B
Book value per share: $44.62

Price performance

Period	Change
1 day	+1.59%
5 days	+0.56%
1 month	+3.07%
3 months	-7.23%
6 months	-0.38%
Year to date	+16.10%
1 year	+10.98%
3 years	+31.14%
5 years	-9.36%
10 years	-33.18%
All time	+3,648.44%

Short interest

As of: Oct 15, 2026
Short % of float: 13.78%
Shares short: 292.02K
Days to cover: 6.77
Change since prior report: +11.36%
Source: FINRA consolidated short interest

Profitability and growth

Return on equity: 25.86%
Return on assets: 2.54%
Net margin: 13.24%
Revenue growth: -5.83%
Net income growth: -35.03%
Free cash flow growth: 35.74%

Cash flow and balance sheet

Free cash flow yield (TTM): 4.13%
Net debt to EBITDA: 2.22x

Latest reported year

Period end: Dec 31, 2025
Fiscal year: 2025
Revenue: $213.18M
Net income: $28.22M
Earnings per share: $5.50
Interest expense: $51.62M
Shares outstanding: 5.14M

Income statement by year

Period end	Revenue	Net income	EPS
2025-12-31	$213.18M	$28.22M	$5.50
2024-12-31	$226.37M	$43.44M	$8.46
2023-12-31	$224.96M	$102.41M	$19.97
2022-12-31	$205.81M	$57.63M	$11.24
2021-12-31	$206.15M	$132.93M	$25.94
2020-12-31	$199.14M	$41.94M	$8.19
2019-12-31	$226.35M	$60.08M	$11.74
2018-12-31	$232.82M	$32.84M	$6.42
2017-12-31	$230.57M	$80.51M	$15.74
2016-12-31	$226.94M	$86.48M	$16.91

Margins and returns by year

Period end	Net margin	Return on equity
2025-12-31	13.24%	25.86%
2024-12-31	19.19%	24.56%
2023-12-31	45.52%	43.09%
2022-12-31	28.00%	24.37%
2021-12-31	64.48%	52.63%
2020-12-31	21.06%	20.64%
2019-12-31	26.54%	23.70%
2018-12-31	14.11%	11.52%
2017-12-31	34.92%	23.41%
2016-12-31	38.11%	24.51%

Cash and debt by year

Period end	Cash
2025-12-31	$128.17M
2024-12-31	$338.53M
2023-12-31	$531.86M
2022-12-31	$461.90M
2021-12-31	$463.54M
2020-12-31	$428.71M
2019-12-31	$298.06M
2018-12-31	$283.06M
2017-12-31	$307.54M
2016-12-31	$288.93M

Free cash flow by year

Period end	Free cash flow	Stock-based compensation
2025-12-31	$73.44M	$394.00K
2024-12-31	$54.11M	$450.00K
2023-12-31	$109.11M	$450.00K
2022-12-31	$102.55M	$450.00K
2021-12-31	$118.47M	$450.00K
2020-12-31	$78.07M	$600.00K
2019-12-31	$126.07M	$394.00K
2018-12-31	$73.54M	$394.00K
2017-12-31	$123.43M	$394.00K
2016-12-31	$130.82M	-

Dividend history

Most recent payment: Aug 10, 2026
Paid in the last twelve months: $18.00

Payment date	Dividend per share
2026-08-10	$4.50
2026-05-11	$4.50
2026-02-17	$4.50
2025-11-10	$4.50
2025-08-11	$4.50
2025-05-12	$4.50
2025-02-18	$4.50
2024-11-08	$4.50

Investor relations

Past earnings dates

Reported	Fiscal period	EPS estimate
2026-11-02	Sep 2026	$8.20
2026-08-03	Jun 2026	$3.00
2026-05-04	Mar 2026	$3.08
2026-02-09	Dec 2025	$3.02
2025-11-03	Sep 2025	$2.50
2025-08-04	Jun 2025	$3.08
2025-05-05	Mar 2025	$3.57
2025-02-10	Dec 2024	$3.71

Filings and sources

Company website: alx-inc.com
SEC filings: 10-K, 10-Q and 8-K on EDGAR
Earnings calendar: All upcoming reports

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