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Alexander's ALX Construction in progress

Construction in progress at other companies

Empire State Realty TrustESRT

$8.19M0.0%

JBG SMITH PropertiesJBGS

$186.58M-43.0%

American Assets TrustAAT

$75.23M-59.4%

InvenTrust PropertiesIVT

$7.6M+21.7%

BFS

Saul CentersBFS

$113.89M-66.2%

Vornado RealtyVNO

$946.8M+7.6%

Other financials

Income statement

Revenue$53.4M-2.7%

Net income$4.7M-62.1%

EPS (diluted)$0.91-62.1%

Balance sheet

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

Operating cash flow$6.8M-56.6%

Valuation

Market cap$1.36B+17.8%

P/E66×+36.9×

P/S6.4×+1.2×

Profitability

Operating margin43.2%—

Net margin9.7%-8.3pp

Returns & leverage

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 us-gaap:DevelopmentInProcess.

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 construction in progress?: Alexander's (ALX) reported construction in progress of $0 in Q1 2026.
How has Alexander's's construction in progress changed year-over-year?: Alexander's's construction in progress decreased by 100.0% year-over-year, from $13.81M to $0.
What is the long-term trend for Alexander's's construction in progress?: Over 5 years (2020 to 2025), Alexander's's construction in progress has grown at a -28.8% compound annual growth rate (CAGR), from $11.76M to $2.15M.
What does construction in progress mean?: Costs accumulated for facilities, equipment, or infrastructure projects under construction — not yet placed in service or generating revenue.