AXRNYSELand Subdividers & Developers (No Cemeteries)Fiscal year ends April 30
AMREP CORP.
Financials through Q1 FY2027, quarter ended Jul 31, 2026Last filing: 10-Q on Sep 11, 2026
$19.58−0.10 (-0.51%)
Close on Oct 19, 2026
- Market cap
- $105.59M
- P/E (TTM)
- 18.1
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2012 to 2026
Gross margin
–
Operating margin
23.4%+0.9 pts over 5 years
Net margin
19.5%+1.0 pts over 5 years
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +6.3% | +2.8% | +5.7% | +2.4% | |
| Operating income | +2.4% | +28.6% | +6.5% | – | |
| Net income | -19.1% | -22.1% | +6.8% | – | |
| EPS, diluted | -19.4% | -22.5% | +15.0% | – | |
| Free cash flow | +32.3% | +26.9% | +0.3% | +17.0% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | -0.0% | 8.5% | 7.6% | |
| Return on assets | -0.0% | 7.6% | 7.4% | |
| Capex to revenue | 0.6% | 0.0% | 0.2% | |
| Diluted shares | 8M | 0M | 5M |
Where the cash went
Fiscal 2022 to 2026, five years combined
Amrep generated $55.70M from operations and spent $24.46M on capital expenditure, dividends and share buybacks. 10% of that went back into the business.
Generated
$55.70M
Used
$24.46M
Capital expenditure$2.56M10%Dividends$00%Share buybacks$21.90M90%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin19.5%
×Asset turnover0.38×
×Equity multiplier1.03×
=Return on equity, FY20267.6%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2026 | 19.5% | 0.38× | 1.03× | 7.6% |
| FY2025 | 25.6% | 0.39× | 1.03× | 10.3% |
| FY2024 | 13.0% | 0.43× | 1.04× | 5.8% |
| FY2023 | 44.8% | 0.46× | 1.09× | 22.4% |
| FY2022 | 26.9% | 0.61× | 1.12× | 18.4% |
| FY2021 | 18.4% | 0.41× | 1.12× | 8.5% |
| FY2020 | -31.4% | 0.19× | 1.13× | -6.8% |
| FY2019 | 12.0% | 0.12× | 1.17× | 1.7% |
| FY2018 | 2.7% | 0.08× | 1.23× | 0.3% |
| FY2017 | -0.0% | 0.37× | 1.35× | -0.0% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
3of 6 tests passed in fiscal 2026. Some tests lack the figures they need.
- ProfitableNet income above zero$10.29M
- Cash generatingOperating cash flow above zero$12.88M
- Return on assets improvedROA up on the prior year10.4% → 7.7%
- Earnings backed by cashOperating cash flow above net income$12.88M vs $10.29M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise5M → 5M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.40 → 0.40