ONE LIBERTY PROPERTIES INC OLP
We are a self-administered and self-managed real estate investment trust, also known as a REIT. We acquire, own and manage a geographically diversified portfolio consisting primarily of industrial properties.
● we own 103 properties with an aggregate of approximately 11.8 million square feet and located in 30 states;
● the weighted average remaining term of our $522.5 million mortgage debt is 5.8 years and the weighted average interest rate thereon is 4.88%; and
● the weighted average remaining term of the leases generating our 2026 base rent is 4.4 years.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | $82.7M | $81.9M | $84.7M | $79.1M | $75.9M | $70.6M |
| SG&A | $16.3M | $15.4M | $15.8M | $15.3M | $14.3M | $13.7M | $12.4M | $11.9M | $11.3M | $10.7M |
| Total operating expenses | $68.0M | $58.7M | $57.3M | $54.8M | $51.2M | $51.0M | $48.9M | $48.1M | $44.0M | $38.9M |
| Operating income | $47.9M | $49.9M | $50.3M | $54.1M | $57.0M | $48.2M | $40.2M | $36.3M | $41.8M | $41.8M |
| Interest expense | $22.8M | $19.5M | $18.8M | $17.6M | $17.9M | $19.3M | $19.8M | $17.9M | $17.6M | $17.3M |
| Net income | $25.5M | $30.4M | $29.6M | $42.2M | $38.9M | $27.4M | $18.0M | $20.7M | $24.1M | $24.4M |
| EPS, basic | 1.16 | 1.41 | 1.38 | 2.00 | 1.87 | 1.34 | 0.88 | 1.05 | 1.29 | 1.40 |
| EPS, diluted | 1.15 | 1.40 | 1.38 | 1.99 | 1.85 | 1.33 | 0.88 | 1.05 | 1.28 | 1.39 |
| Shares, diluted (wtd. avg.) | $20.9M | $20.7M | $20.6M | $20.5M | $20.3M | $19.6M | $19.1M | $18.6M | $18.0M | $16.9M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $14.4M | $42.3M | $29.6M | $7.3M | $16.7M | $13.6M | $12.0M | $16.7M | $14.7M | $18.4M |
| Total assets | $857.6M | $767.0M | $761.6M | $783.3M | $753.0M | $776.1M | $774.6M | $780.9M | $742.6M | $733.4M |
| Total liabilities | $557.8M | $458.4M | $453.9M | $466.3M | $446.7M | $484.2M | $482.6M | $482.3M | $444.1M | $441.5M |
| Retained earnings | — | — | — | — | -$36.2M | -$37.5M | -$28.4M | -$10.7M | $3.3M | $11.5M |
| Total equity | $299.6M | $307.4M | $307.7M | $316.9M | $306.3M | $292.0M | $292.0M | $298.6M | $298.5M | $291.9M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $37.5M | $39.1M | $46.1M | $44.2M | $48.6M | $35.1M | $36.2M | $42.6M | $44.4M | $30.0M |
| Depreciation and amortisation | $27.2M | $24.3M | $24.8M | $23.8M | $22.8M | $23.0M | $22.0M | $24.2M | $21.0M | $18.2M |
| Stock-based compensation | $5.3M | $5.0M | $5.4M | $5.5M | $5.4M | $4.7M | $3.9M | $3.5M | $3.1M | $3.0M |
| Investing cash flow | -$122.9M | $9.7M | $33.0M | -$25.3M | $23.4M | $333.0K | -$12.9M | -$59.7M | -$23.4M | -$80.9M |
| Financing cash flow | $55.0M | -$32.9M | -$56.7M | -$28.3M | -$68.8M | -$33.9M | -$28.1M | $19.1M | -$24.8M | $54.2M |
| Dividends paid | $39.0M | $38.5M | $38.1M | $37.8M | $37.3M | $29.4M | $35.4M | $34.4M | $31.7M | $28.2M |
| Buybacks | — | — | $9.6M | $5.2M | — | — | — | — | — | — |
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 0001140361-26-015499.
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