ALEXANDERS INC ALX

Real estate SIC 6798 - Real Estate Investment Trusts NAICS Real Estate and Rental and Leasing › Real Estate › Lessors of Real Estate derived NYSE

Alexander's, Inc. (NYSE: ALX) is a real estate investment trust ("REIT"), incorporated in Delaware, engaged in leasing, managing, developing and redeveloping its properties. All references to "we," "us," "our," "Company" and "Alexander's" refer to Alexander's, Inc. and its consolidated subsidiaries. We are managed by, and our properties are leased and developed by, Vornado Realty Trust ("Vornado") (NYSE: VNO).

•731 Lexington Avenue, a 1,080,000 square foot multi-use building, comprising the entire block bounded by Lexington Avenue, East 59th Street, Third Avenue and East 58th Street in Manhattan. The building contains 952,000 and 128,000 of rentable square feet of office and retail space, respectively. Bloomberg L.P. ("Bloomberg") occupies all of the office space. The Home Depot (83,000 square feet) was the principal retail tenant at the property until its lease expired on January 31, 2025;

Last close 248.39 2026-10-23
Market cap $1.27B 2026-06-30 share count
52-week range 201.28 - 289.43

Valuation FY2025 figures against the last close

P/S6.0x
P/E45.2x
P/FCF17.3x
EV/EBITDA—
Dividend yield7.3%
Diluted EPS5.50

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $213.2M$226.4M$225.0M$205.8M$206.1M$199.1M$226.3M$232.8M$230.6M$226.9M
SG&A $6.6M$6.5M$6.3M$6.1M$5.9M$6.3M$5.8M$5.3M$5.3M$5.4M
Total operating expenses $148.0M$144.5M$140.4M$126.3M$130.0M$127.1M$126.9M$132.2M$125.3M$121.5M
Operating income ———————$100.6M$105.3M$105.5M
Pre-tax income ———————$56.6M$80.5M$86.5M
Income tax ———————$4.0K$3.0K$48.0K
Net income $28.2M$43.4M$102.4M$57.6M$132.9M$41.9M$60.1M$32.8M$80.5M$86.5M
EPS, basic 5.508.4619.9711.2425.948.1911.74———
EPS, diluted 5.508.4619.9711.2425.948.1911.746.4215.7416.91
Shares, diluted (wtd. avg.) 5.1M5.1M5.1M5.1M5.1M5.1M5.1M———

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $128.2M$338.5M$531.9M$194.9M$463.5M$428.7M$298.1M$283.1M$307.5M$288.9M
Short-term investments ——$0$267.0M$0—————
Total assets $1.11B$1.34B$1.40B$1.40B$1.39B$1.40B$1.27B$1.29B$1.63B$1.45B
Total liabilities $1.00B$1.16B$1.17B$1.16B$1.14B$1.20B$1.01B$1.00B$1.29B$1.10B
Retained earnings $69.2M$133.4M$182.3M$172.2M$206.9M$166.2M$216.4M$248.4M$302.5M$309.0M
Total equity $109.2M$176.9M$237.7M$236.5M$252.6M$203.2M$253.5M$285.1M$344.0M$352.8M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $73.4M$54.1M$109.1M$102.5M$118.5M$78.1M$126.1M$73.5M$123.4M$130.8M
Depreciation and amortisation $38.1M$37.9M$34.5M$31.5M$34.6M$35.1M$36.5M$38.5M$38.7M$36.4M
Stock-based compensation $394.0K$450.0K$450.0K$450.0K$450.0K$600.0K$394.0K$394.0K$394.0K—
Investing cash flow -$20.8M-$13.2M$321.8M-$279.3M$75.5M-$32.5M-$9.4M-$1.1M-$202.0M-$15.5M
Financing cash flow -$254.3M-$200.0M-$92.4M-$92.3M-$160.3M$90.3M-$92.1M-$176.2M$97.1M-$85.3M
Dividends paid $92.4M$92.4M$92.3M$92.3M$92.2M$92.2M$92.1M$92.1M$87.0M$81.8M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-145567.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. 0 100M 200M 300M Revenue, FY2016: 226.9M Net income, FY2016: 86.5M Revenue, FY2017: 230.6M Net income, FY2017: 80.5M Revenue, FY2018: 232.8M Net income, FY2018: 32.8M Revenue, FY2019: 226.3M Net income, FY2019: 60.1M Revenue, FY2020: 199.1M Net income, FY2020: 41.9M Revenue, FY2021: 206.1M Net income, FY2021: 132.9M Revenue, FY2022: 205.8M Net income, FY2022: 57.6M Revenue, FY2023: 225M Net income, FY2023: 102.4M Revenue, FY2024: 226.4M Net income, FY2024: 43.4M Revenue, FY2025: 213.2M Net income, FY2025: 28.2M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $226.9M $230.6M $232.8M $226.3M $199.1M $206.1M $205.8M $225.0M $226.4M $213.2M
Gross profit — — — — — — — — — —
Net income $86.5M $80.5M $32.8M $60.1M $41.9M $132.9M $57.6M $102.4M $43.4M $28.2M

Recent filings and events

  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • Material agreement signed Item 1.01
  • Regulation FD disclosure Item 7.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Material agreement signed Item 1.01
  • New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
  • Material agreement signed Item 1.01
  • New debt or obligation Item 2.03
  • Shareholder vote Item 5.07

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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