📊 ALX Key Takeaways
Is Alexanders Inc. (ALX) a Good Investment?
Alexanders demonstrates solid operational profitability with a 47.2% operating margin and strong free cash flow generation at 34.5% FCF margin, supported by a fortress balance sheet with zero debt. However, concerning revenue decline of 5.8% YoY combined with a sharp 35% net income drop raises questions about underlying business deterioration despite operational efficiency gains, warranting caution on new commitments.
ALEXANDERS INC shows solid underlying profitability and cash generation, with a 47.2% operating margin and $73.44M of operating cash flow. However, revenue declined 5.8% year over year and net income fell 35.0%, indicating weakening earnings quality and operating momentum. The balance sheet also appears tight, with only $109.16M of equity against $1.00B of liabilities, which limits financial flexibility despite a healthy cash balance.
Why Buy Alexanders Inc. Stock? ALX Key Strengths
- Exceptional operating margin of 47.2% indicates strong pricing power and operational efficiency typical of quality REIT assets
- Zero leverage (0.00x debt-to-equity) with substantial cash reserves of $128.2M provides maximum financial flexibility and downside protection
- Robust free cash flow generation of $73.4M (34.5% FCF margin) demonstrates cash conversion capability supporting potential distributions
- High ROE of 25.9% indicates efficient capital deployment relative to shareholder equity base
- Strong operating profitability with a 47.2% operating margin
- Healthy cash generation, with $73.44M in operating cash flow and a 34.5% FCF margin
- Cash balance of $128.17M provides near-term liquidity support
ALX Stock Risks: Alexanders Inc. Investment Risks
- Revenue contraction of 5.8% YoY signals potential asset underperformance or occupancy challenges requiring investigation of tenant health and property valuations
- Sharp 35% year-over-year net income decline significantly outpaces revenue decline, suggesting margin compression or non-recurring charges that may indicate operational headwinds
- Zero insider Form 4 filings in last 90 days combined with revenue/earnings deterioration raises governance and transparency concerns about management confidence
- Low ROA of 2.5% relative to $1.1B asset base suggests potential asset quality issues or underutilized real estate portfolio
- Revenue and earnings are both declining, with net income down 35.0% year over year
- Very thin equity base relative to total liabilities increases balance sheet risk
- Incomplete leverage and interest coverage data reduces visibility into true financial obligations
Key Metrics to Watch
- Revenue trend stabilization and tenant retention metrics in next quarter to assess business momentum reversal
- Operating margin sustainability as percentage of declining revenue base to identify if margin compression continues
- Free cash flow conversion and distribution coverage ratio to ensure capital returns remain sustainable amid earnings decline
- Individual property NOI performance and occupancy rates to isolate which assets are underperforming
- Revenue growth and net income trend
- Liabilities relative to equity and cash flow coverage
Alexanders Inc. (ALX) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The 34.5% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. The current ratio below 1.0x warrants monitoring of short-term liquidity.
ALX Profit Margin, ROE & Profitability Analysis
ALX vs Real Estate Sector: How Alexanders Inc. Compares
How Alexanders Inc. compares to Real Estate sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Alexanders Inc. Stock Overvalued? ALX Valuation Analysis 2026
Based on fundamental analysis, Alexanders Inc. has mixed fundamental signals relative to the Real Estate sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Alexanders Inc. Balance Sheet: ALX Debt, Cash & Liquidity
ALX Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Alexanders Inc.'s revenue has shown modest growth of 0% over the 5-year period. The most recent EPS of $19.97 reflects profitable operations.
ALX Revenue Growth, EPS Growth & YoY Performance
ALX Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $53.4M | $6.0M | $1.16 |
| Q2 2025 | $51.6M | $6.1M | $1.19 |
| Q1 2025 | $54.9M | $12.3M | $2.40 |
| Q3 2024 | $55.4M | $6.7M | $1.30 |
| Q2 2024 | $53.4M | $8.4M | $1.63 |
| Q1 2024 | $52.9M | $11.2M | $2.19 |
| Q3 2023 | $53.7M | $10.8M | $2.10 |
| Q2 2023 | $49.8M | $14.8M | $2.89 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Alexanders Inc. Dividends, Buybacks & Capital Allocation
ALX SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Alexanders Inc. (CIK: 0000003499)
📋 Recent SEC Filings
❓ Frequently Asked Questions about ALX
What is the AI rating for ALX?
Alexanders Inc. (ALX) has a Combined AI Rating of HOLD from Claude (HOLD) and ChatGPT (HOLD) with 69% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are ALX's key strengths?
Claude: Exceptional operating margin of 47.2% indicates strong pricing power and operational efficiency typical of quality REIT assets. Zero leverage (0.00x debt-to-equity) with substantial cash reserves of $128.2M provides maximum financial flexibility and downside protection. ChatGPT: Strong operating profitability with a 47.2% operating margin. Healthy cash generation, with $73.44M in operating cash flow and a 34.5% FCF margin.
What are the risks of investing in ALX?
Claude: Revenue contraction of 5.8% YoY signals potential asset underperformance or occupancy challenges requiring investigation of tenant health and property valuations. Sharp 35% year-over-year net income decline significantly outpaces revenue decline, suggesting margin compression or non-recurring charges that may indicate operational headwinds. ChatGPT: Revenue and earnings are both declining, with net income down 35.0% year over year. Very thin equity base relative to total liabilities increases balance sheet risk.
What is ALX's revenue and growth?
Alexanders Inc. reported revenue of $213.2M.
Does ALX pay dividends?
Alexanders Inc. pays dividends, with $92.4M distributed to shareholders in the trailing twelve months.
Where can I find ALX SEC filings?
Official SEC filings for Alexanders Inc. (CIK: 0000003499) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is ALX's EPS?
Alexanders Inc. has a diluted EPS of $5.50.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is ALX a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, Alexanders Inc. has a HOLD rating with 69% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is ALX stock overvalued or undervalued?
Valuation metrics for ALX: ROE of 25.9% (sector avg: 8%), net margin of 13.2% (sector avg: 20%). Higher ROE suggests strong returns relative to peers.
Should I buy ALX stock in 2026?
Our dual AI analysis gives Alexanders Inc. a combined HOLD rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is ALX's free cash flow?
Alexanders Inc.'s operating cash flow is $73.4M, with capital expenditures of N/A. FCF margin is 34.5%.
How does ALX compare to other Real Estate stocks?
Vs Real Estate sector averages: Net margin 13.2% (avg: 20%), ROE 25.9% (avg: 8%), current ratio N/A (avg: 1.5).
Why is ALX's return on equity (ROE) so high?
Alexanders Inc. has a return on equity of 25.9%, significantly above the Real Estate sector average of 8%. A high ROE indicates the company is efficient at generating profits from shareholder equity. This is supported by a 13.2% net margin.