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Alexander's ALX Construction in progress

Construction in progress at other companies

Empire State Realty Trust logo
Empire State Realty TrustESRT
$8.19M0.0%
JBG SMITH Properties logo
JBG SMITH PropertiesJBGS
$111.28M-67.4%
American Assets Trust logo
American Assets TrustAAT
$88.16M+29.5%
Equity Residential logo
Equity ResidentialEQR
$58.31M-65.4%
Piedmont Office Realty Trust logo
Piedmont Office Realty TrustPDM
$47.13M-56.4%
Vornado Realty logo
Vornado RealtyVNO
$946.8M+7.6%

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$1.41B+28.3%
P/E68.7×+39.2×
P/S6.7×+1.6×

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 us-gaap:DevelopmentInProcess.

The source filing: Alexander's’s 10-Q, filed May 4, 2026.

Filed
May 4, 2026, 8:28 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000003499-26-000020
ASSETSAs of / March 31, 2026As of / December 31, 2025
Real estate, at cost:
Land$30,624$32,271
Buildings and leasehold improvements972,3271,069,350
Development and construction in progress2,150
Total1,002,9511,103,771
Accumulated depreciation and amortization(428,538)(473,141)
Real estate, net574,413630,630
Cash and cash equivalents76,243128,167

Item 1. Financial Statements

FAQ

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.

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