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BOSTON OMAHA Corp (BOC) Stock Fundamental Analysis & AI Rating 2026

BOC NYSE Real Estate Operators (No Developers) & Lessors DE CIK: 0001494582
Updated This Month • Analysis: Mar 21, 2026 • SEC Data: 2025-09-30
Combined AI Rating
SELL
74% Confidence
AGREEMENT
SELL
75% Conf
HOLD
72% Conf

📊 BOC Key Takeaways

Revenue: $84.7M
Net Margin: -6.6%
Free Cash Flow: $-7.5M
Current Ratio: 2.07x
Debt/Equity: 0.05x
EPS: $-0.18
AI Rating: SELL with 75% confidence
BOSTON OMAHA Corp (BOC) receives a SELL rating with 74% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $84.7M, net profit margin of -6.6%, and return on equity (ROE) of -1.1%, BOSTON OMAHA Corp demonstrates mixed fundamentals in the Real Estate sector. Below is our complete BOC stock analysis for 2026.

Is BOSTON OMAHA Corp (BOC) a Good Investment?

Claude

Boston Omaha faces significant operational challenges despite topline growth, with deteriorating profitability including negative operating and net income in the latest period. The company's negative free cash flow of -7.5M and failure to cover interest costs indicate financial stress, though a strong balance sheet with low leverage provides a cushion.

ChatGPT

Boston Omaha shows decent top-line growth and strong gross margins, supported by a conservatively levered balance sheet with solid liquidity. However, that revenue growth is not converting into operating profitability, net losses have worsened materially year over year, and free cash flow remains negative. Fundamentally, the company looks financially resilient but operationally unproven, which supports a neutral stance until earnings quality improves.

Why Buy BOSTON OMAHA Corp Stock? BOC Key Strengths

Claude
  • + Revenue growth of 12.5% YoY demonstrates market demand
  • + Strong balance sheet with 0.05x debt-to-equity and $37.1M cash
  • + Excellent liquidity position with 2.07x current and quick ratios
  • + High gross margin of 66.5% indicates pricing power and operational efficiency at product level
ChatGPT
  • + Revenue is growing at a healthy double-digit rate, indicating continued business expansion
  • + Balance sheet risk is low with strong liquidity and very modest leverage
  • + Gross margin is robust, suggesting the underlying businesses retain pricing power or favorable unit economics before overhead

BOC Stock Risks: BOSTON OMAHA Corp Investment Risks

Claude
  • ! Negative net income of -5.6M with deteriorating profitability trend (-138.3% YoY)
  • ! Negative operating margin of -3.2% and operating income loss of -2.7M indicate core business struggles
  • ! Negative free cash flow of -7.5M and inability to cover interest costs (interest coverage of -2.4x)
  • ! Capital expenditures of $19.6M exceed operating cash flow of $12.1M, creating cash burn
ChatGPT
  • ! Operating and net margins are negative, showing that growth is not yet translating into sustainable profitability
  • ! Free cash flow is negative because capital spending exceeds operating cash generation
  • ! Negative interest coverage indicates earnings are currently insufficient to comfortably support financing costs

Key Metrics to Watch

Claude
  • * Path to operating profitability and positive operating income
  • * Free cash flow sustainability and working capital efficiency
  • * Gross profit stability amid revenue growth to ensure margin compression doesn't worsen
  • * Operating expense control and cost structure optimization
ChatGPT
  • * Operating margin and net income trend
  • * Operating cash flow versus capital expenditures

BOSTON OMAHA Corp (BOC) Financial Metrics & Key Ratios

Revenue
$84.7M
Net Income
$-5.6M
EPS (Diluted)
$-0.18
Free Cash Flow
$-7.5M
Total Assets
$721.4M
Cash Position
$37.1M

💡 AI Analyst Insight

Strong liquidity with a 2.07x current ratio provides a solid financial cushion.

BOC Profit Margin, ROE & Profitability Analysis

Gross Margin 66.5%
Operating Margin -3.2%
Net Margin -6.6%
ROE -1.1%
ROA -0.8%
FCF Margin -8.9%

BOC vs Real Estate Sector: How BOSTON OMAHA Corp Compares

How BOSTON OMAHA Corp compares to Real Estate sector averages

Net Margin
BOC -6.6%
vs
Sector Avg 20.0%
BOC Sector
ROE
BOC -1.1%
vs
Sector Avg 8.0%
BOC Sector
Current Ratio
BOC 2.1x
vs
Sector Avg 1.5x
BOC Sector
Debt/Equity
BOC 0.0x
vs
Sector Avg 1.5x
BOC Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is BOSTON OMAHA Corp Stock Overvalued? BOC Valuation Analysis 2026

Based on fundamental analysis, BOSTON OMAHA Corp has mixed fundamental signals relative to the Real Estate sector in 2026.

Return on Equity
-1.1%
Sector avg: 8%
Net Profit Margin
-6.6%
Sector avg: 20%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.05x
Sector avg: 1.5x

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.

BOSTON OMAHA Corp Balance Sheet: BOC Debt, Cash & Liquidity

Current Ratio
2.07x
Quick Ratio
2.07x
Debt/Equity
0.05x
Debt/Assets
24.0%
Interest Coverage
-2.39x
Long-term Debt
$25.9M

BOC Revenue & Earnings Growth: 5-Year Financial Trend

BOC 5-year financial data: Year 2021: Revenue $57.0M, Net Income -$49.1K, EPS $0.00. Year 2022: Revenue $81.2M, Net Income $52.7M, EPS $1.82. Year 2023: Revenue $96.3M, Net Income $10.2M, EPS $0.34. Year 2024: Revenue $108.3M, Net Income -$7.0M, EPS $-0.23. Year 2025: Revenue $114.4M, Net Income -$1.3M, EPS $-0.04.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: BOSTON OMAHA Corp's revenue has grown significantly by 101% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.04 indicates the company is currently unprofitable.

BOC Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-8.9%
Free cash flow / Revenue

BOC Quarterly Earnings & Performance

Quarterly financial performance data for BOSTON OMAHA Corp including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $27.7M -$669.3K $-0.05
Q2 2025 $27.1M -$669.3K $-0.07
Q1 2025 $25.6M -$669.3K $-0.02
Q3 2024 $24.5M $1.5M $-0.05
Q2 2024 $24.2M $1.5M $0.05
Q1 2024 $22.8M -$2.8M $-0.09
Q3 2023 $21.4M -$1.4M $-0.05
Q2 2023 $20.9M $1.5M $0.05

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

BOSTON OMAHA Corp Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$12.1M
Cash generated from operations
Stock Buybacks
$87.2K
Shares repurchased (TTM)
Capital Expenditures
$19.6M
Investment in assets
Dividends
None
No dividend program

BOC SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for BOSTON OMAHA Corp (CIK: 0001494582)

📋 Recent SEC Filings

Date Form Document Action
Apr 8, 2026 4 xslF345X06/rdgdoc.xml View →
Mar 31, 2026 8-K bomn20260326c_8k.htm View →
Mar 31, 2026 8-K bomn20260326_8k.htm View →
Mar 30, 2026 10-K bomn20251231_10k.htm View →
Mar 12, 2026 8-K bomn20260312_8k.htm View →

Frequently Asked Questions about BOC

What is the AI rating for BOC?

BOSTON OMAHA Corp (BOC) has a Combined AI Rating of SELL from Claude (SELL) and ChatGPT (HOLD) with 74% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are BOC's key strengths?

Claude: Revenue growth of 12.5% YoY demonstrates market demand. Strong balance sheet with 0.05x debt-to-equity and $37.1M cash. ChatGPT: Revenue is growing at a healthy double-digit rate, indicating continued business expansion. Balance sheet risk is low with strong liquidity and very modest leverage.

What are the risks of investing in BOC?

Claude: Negative net income of -5.6M with deteriorating profitability trend (-138.3% YoY). Negative operating margin of -3.2% and operating income loss of -2.7M indicate core business struggles. ChatGPT: Operating and net margins are negative, showing that growth is not yet translating into sustainable profitability. Free cash flow is negative because capital spending exceeds operating cash generation.

What is BOC's revenue and growth?

BOSTON OMAHA Corp reported revenue of $84.7M.

Does BOC pay dividends?

BOSTON OMAHA Corp does not currently pay dividends.

Where can I find BOC SEC filings?

Official SEC filings for BOSTON OMAHA Corp (CIK: 0001494582) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is BOC's EPS?

BOSTON OMAHA Corp has a diluted EPS of $-0.18.

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 BOC a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, BOSTON OMAHA Corp has a SELL rating with 74% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is BOC stock overvalued or undervalued?

Valuation metrics for BOC: ROE of -1.1% (sector avg: 8%), net margin of -6.6% (sector avg: 20%). Compare these metrics with sector averages to assess valuation.

Should I buy BOC stock in 2026?

Our dual AI analysis gives BOSTON OMAHA Corp a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is BOC's free cash flow?

BOSTON OMAHA Corp's operating cash flow is $12.1M, with capital expenditures of $19.6M. FCF margin is -8.9%.

How does BOC compare to other Real Estate stocks?

Vs Real Estate sector averages: Net margin -6.6% (avg: 20%), ROE -1.1% (avg: 8%), current ratio 2.07 (avg: 1.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 21, 2026 | Data as of: 2025-09-30 | Powered by Claude AI