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One Liberty Properties OLP Tenant Reimbursement — Operating Lease Lease Income

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Other financials

Income statement

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Revenue$27.0M+10.0%
Operating income$22.8M+48.5%
Net income$15.7M+85.7%
EPS (diluted)$0.71+82.1%

Balance sheet

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Cash & equivalents$13.1M-31.3%
Total debt$2.4M-16.0%
Total equity$304.4M+0.3%
Total assets$872.1M+9.6%

Cash flow

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Operating cash flow$12.0M+7.2%

Valuation

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Market cap$512.23M+5.3%
Enterprise value$501.51M+6.7%
P/E14.7×-2.5×
P/S4.9×-0.2×

Profitability

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Operating margin57%+3.8pp
Net margin33.5%+3.7pp

Returns & leverage

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Return on equity11.4%+2.2pp
Debt / equity0.0×

Where this comes from

Reported directly by One Liberty Properties in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseLeaseIncome.

The source filing: One Liberty Properties’s 10-K, filed March 6, 2026.

Filed
Mar 6, 2026, 1:27 PM EST
Fiscal year
FY2025
Accession
0001104659-26-024579

Many of the Company’s properties are subject to long-term net leases under which the tenant is typically responsible to pay directly to the vendor the real estate taxes, insurance, utilities and ordinary maintenance and repairs related to the property, and the Company is not the primary obligor with respect to such items. As a result, the revenue and expenses relating to these properties are recorded on a net basis. For certain properties, in addition to contractual base rent, the tenants pay their contractual share of real estate taxes and operating expenses to the Company. The revenue and expenses associated with properties at which the Company is the primary obligor are generally recorded on a gross basis. During 2025, 2024 and 2023, the Company recorded reimbursements of expenses of $16,635,000, $14,793,000 and $13,636,000, respectively, which are included in Rental income, net, in the accompanying consolidated statements of income.

Item 16. Form 10-K Summary

FAQ

What is One Liberty Properties's tenant reimbursement — operating lease lease income?
One Liberty Properties (OLP) reported tenant reimbursement — operating lease lease income of $4.16M in Q4 2025.
How has One Liberty Properties's tenant reimbursement — operating lease lease income changed year-over-year?
One Liberty Properties's tenant reimbursement — operating lease lease income increased by 12.5% year-over-year, from $3.7M to $4.16M.
What is the long-term trend for One Liberty Properties's tenant reimbursement — operating lease lease income?
Over 4 years (2021 to 2025), One Liberty Properties's tenant reimbursement — operating lease lease income has grown at a 11.1% compound annual growth rate (CAGR), from $10.94M to $16.64M.
What does tenant reimbursement — operating lease lease income mean?
This metric represents the rental income generated from operating leases within the tenant reimbursement segment. It reflects the core contractual revenue streams derived from leasing real estate assets to tenants under standard operating lease agreements. This figure is a primary indicator of the portfolio's recurring rental revenue generation capacity.

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