BOCNYSEReal Estate Operators (No Developers) & LessorsFiscal year ends December 31
BOSTON OMAHA Corp
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 13, 2026
$12.42−0.12 (-0.96%)
Close on Oct 19, 2026
- Market cap
- $377.85M
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
65.8%+6.3 pts over 5 years
Operating margin
-3.4%+7.5 pts over 5 years
Net margin
-10.9%−10.8 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +5.6% | +12.1% | +20.1% | +65.9% | |
| Gross profit | +1.9% | +11.4% | +22.6% | +65.3% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | -7.4% | -0.0% | -2.4% | |
| Return on assets | -7.1% | -0.0% | -1.7% | |
| Current ratio | 10.08 | 9.71 | 2.18 | |
| Debt to equity | – | 0.06 | 0.09 | |
| Net debt to EBITDA | – | -8.01× | – | |
| Interest coverage | -402.5× | -5.9× | -1.7× | |
| Capex to revenue | 18.5% | 18.7% | 24.4% | |
| Diluted shares | 6M | 26M | 31M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Boston Omaha generated $68.09M from operations and spent $197.13M on capital expenditure, dividends and share buybacks. 88% of that went back into the business.
Generated
$68.09M
Used
$197.13M
Capital expenditure$173.03M88%Dividends$00%Share buybacks$24.10M12%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-10.9%
×Asset turnover0.16×
×Equity multiplier1.37×
=Return on equity, FY2025-2.4%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -10.9% | 0.16× | 1.37× | -2.4% |
| FY2024 | -1.2% | 0.14× | 1.40× | -0.2% |
| FY2023 | -7.3% | 0.13× | 1.39× | -1.3% |
| FY2022 | 12.6% | 0.11× | 1.49× | 2.0% |
| FY2021 | 92.6% | 0.08× | 1.65× | 12.0% |
| FY2020 | -0.1% | 0.08× | 1.48× | -0.0% |
| FY2019 | -3.6% | 0.11× | 1.16× | -0.5% |
| FY2018 | -45.5% | 0.08× | 1.05× | -3.9% |
| FY2017 | -71.8% | 0.08× | 1.05× | -6.2% |
| FY2016 | -82.6% | 0.09× | 1.04× | -7.4% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-$12.43M
- Cash generatingOperating cash flow above zero$17.86M
- Return on assets improvedROA up on the prior year-0.2% → -1.7%
- Earnings backed by cashOperating cash flow above net income$17.86M vs -$12.43M
- Less leverageLong-term debt to assets fell5.3% → 6.5%
- Better liquidityCurrent ratio rose2.14 → 2.18
- No dilutionShare count did not rise31M → 31M
- Gross margin improvedGross margin up on the prior year68.28% → 65.84%
- More efficientAsset turnover rose0.14 → 0.16