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Alexander's

ALX

Alexander's Inc. is a real estate investment trust (REIT) focused on the ownership, leasing, and development of high-value properties in New York City.

Market cap
$1.27B+7.0%
Revenue$214.8M-1.5%
Net income$169.8M+354%
EPS (diluted)$33.06+354%
Trailing twelve months · change vs. prior year

Earnings

Next report

Nov 2, 2026 (Tomorrow)
Revenue estimate$82.4M
EPS estimate$8.20

Financials

Q2 2026

Income statement

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Revenue$54.7M+6.1%
Net income$155.4M+2,439%
EPS (diluted)$30.24+2,441%

Balance sheet

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Cash & equivalents$358.3M-8.2%
Total equity$223.6M+53.7%
Total assets$1.2B-8.9%

Cash flow

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Operating cash flow$6.2M-85.8%

Valuation & ratios

Valuation

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Market cap$1.27B+7.0%
P/E7.5×-22.9×
P/S5.9×+0.8×

Profitability

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Net margin79.1%+61.9pp

Returns & leverage

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Return on equity92%+71.1pp

Segments

By product

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Tenant services$1.4M+58.3%
Parking revenue$1.2M-5.0%

By segment

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Reportable Segment$54.7M+6.1%

Competitors

Profile

Alexander's Inc. is a real estate investment trust (REIT) focused on the ownership, leasing, and development of high-value properties in New York City. The company leverages a concentrated portfolio of multi-use, retail, and residential assets to generate rental income, with a significant portion of its revenue derived from long-term leases with major corporate tenants.

Competitive position

A concentrated REIT with high-quality assets in the New York City market, managed externally by a leading real estate operator.

GeographiesUnited States, New York City
Customer segmentsEnterprise, Retailers, Residential
Business modelLeasing, Property Management, Asset Development
SuppliersProperty management services, Construction and renovation contractors, Capital markets for financing, Municipal zoning and regulatory bodies
CustomersCorporate office tenants, National retail chains, Residential apartment tenants
Listed1969
Employees92.0
CEOSteven Roth
FilingsSEC EDGAR

FAQ

What is Alexander's's market cap?
Alexander's (ALX) has a market capitalization of $1.3B and trades on NYSE.
What is Alexander's's revenue and profitability?
Alexander's generated $214.8M in trailing twelve-month revenue with net income of $169.8M, representing a net margin of 79.1%. The latest reported period is Q2 2026.
Who are Alexander's's competitors?
Alexander's's key competitors include SL Green Realty Corp., Empire State Realty Trust, Inc., JBG SMITH Properties Common Shares, and others. These companies compete in similar markets and product categories.
Who does Alexander's partner with?
Alexander's's notable partners include Vornado Realty Trust, Bloomberg L.P., Costco Wholesale Corporation, and others.
Where is Alexander's headquartered?
Alexander's is headquartered in United States of America and employs approximately 92 people. It has been publicly traded since 1969.