AMREP CORP.

AMREP Corporation operates through two primary business segments: land development and homebuilding. In its land development segment, the company acquires real estate, prepares site plans, obtains governmental entitlements, installs utility and drainage infrastructure, and constructs roadways. It provides both finished and raw land parcels for residential, commercial, and industrial use, while also offering landscaping services. In its homebuilding segment, the company designs, constructs, and markets single-family detached and attached dwellings, offering both custom built-to-order residences and speculative properties. Its customers include individual homebuyers, independent residential builders, and commercial developers.

The enterprise conducts its business exclusively in the United States, concentrating operations in Rio Rancho and surrounding Sandoval County, New Mexico, with additional property in Albuquerque. It owns approximately 16,200 acres in Sandoval County, holds mineral rights across 55,000 surface acres, and employs 52 full-time personnel. The company maintains its executive headquarters in Havertown, Pennsylvania, and operates operational facilities in Rio Rancho.

Summary of the business section of Amrep's latest annual report, written by StockData.

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

“As of April 30, 2026, the Company employed 52 employees, of which all were full-time employees.”