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Amrep AXR Land Development — Cost of Goods Sold

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STHOLand Development Revenue In Excess Of Cost Of Sales
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MLPLand Development And Sales — Operating Expenses
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Other financials

Income statement

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Revenue$14.6M+93.8%
Operating income$3.0M+596%
Net income$3.1M+339%
EPS (diluted)$0.58+346%

Balance sheet

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Cash & equivalents$50.0M+35.4%
Total debt$42.0K-39.1%
Total equity$139.4M+10.6%
Total assets$143.9M+11.6%

Cash flow

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Operating cash flow$5.4M
CapEx$19.0K-26.9%
Free cash flow$5.4M

Valuation

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Market cap$137.09M+23.0%
P/E10.6×+1.8×
P/S2.6×+0.3×

Profitability

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Gross margin32.3%
Operating margin26.1%+3.2pp
Net margin24.4%+2.1pp
FCF margin31.9%+15.5pp

Returns & leverage

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Return on equity9.7%-1.1pp
Debt / equity0.0×

Where this comes from

Reported directly by Amrep in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The official record: Amrep’s 10-Q, filed March 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Amrep's land development — cost of goods sold?
Amrep (AXR) reported land development — cost of goods sold of $5.27M in Q4 2025.
How has Amrep's land development — cost of goods sold changed year-over-year?
Amrep's land development — cost of goods sold increased by 92.8% year-over-year, from $2.73M to $5.27M.
What does land development — cost of goods sold mean?
Captures the direct costs associated with the acquisition, development, and preparation of land for sale to homebuilders or commercial users. It reflects the primary production expenses required to generate revenue within the land development segment.