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Alexander's ALX Write-off of fully depreciated assets

Write-off of fully depreciated assets at other companies

Urban Edge Properties logo
Urban Edge PropertiesUE
$5.73M-73.1%
JBG SMITH Properties logo
JBG SMITH PropertiesJBGS
$6.22M-47.9%
Zillow Group, Inc. logo
Zillow Group, Inc.ZG
$36.25M+70.6%
Highwoods Properties logo
Highwoods PropertiesHIW
$12.86M-62.4%
Vornado Realty logo
Vornado RealtyVNO
$22.85M-1.8%
Taboola.com Ltd. logo
Taboola.com Ltd.TBLA
$2.2M+22.9%

Other financials

Income statement

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Revenue$53.4M-2.7%
Net income$4.7M-62.1%
EPS (diluted)$0.91-62.1%

Balance sheet

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Cash & equivalents$152.1M-59.7%
Total debt$21.3M+2.1%
Total equity$90.7M-44.4%
Total assets$1.1B-17.8%

Cash flow

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Operating cash flow$6.8M-56.6%

Valuation

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Market cap$1.36B+17.8%
P/E66×+36.9×
P/S6.4×+1.2×

Profitability

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Operating margin43.2%
Net margin9.7%-8.3pp

Returns & leverage

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Return on equity16.2%-4.0pp
Debt / equity0.2×+0.1×

Where this comes from

Reported directly by Alexander's in its filing.

Tagged under the XBRL concept alx:WriteOffOfFullyAmortizedAndDepreciatedAssets.

The official record: Alexander's’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Alexander's's write-off of fully depreciated assets?
Alexander's (ALX) reported write-off of fully depreciated assets of $81K in Q1 2026.
What is the long-term trend for Alexander's's write-off of fully depreciated assets?
Over 2 years (2023 to 2025), Alexander's's write-off of fully depreciated assets has grown at a -62.9% compound annual growth rate (CAGR), from $8.1M to $1.11M.
What does write-off of fully depreciated assets mean?
This metric represents the accounting removal of assets from the balance sheet once they have reached the end of their useful life and are fully depreciated. It reflects the disposal or retirement of property, plant, and equipment that no longer provides economic value to the company's operations. Monitoring this helps investors understand the lifecycle of capital assets and the frequency of asset replacement cycles.