Stocks · Real estate · Land Subdividers & Developers (No Cemeteries)

AMREP CORP.

AXR Clue Score57
United States Fiscal year ends April CIK 0000006207
$20.30 -2.03% Close, 12 Oct 2026
Price $20.30 +31.18% Close, 12 Oct 2026

Closing prices at the end of each trading day, from 13 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2017Revenue42.4Net income−0.0Fiscal year 2018Revenue8.9 −78.9%Net income0.2Fiscal year 2019Revenue12.8 +42.9%Operating income−3.2Net income1.5 +541.6%Fiscal year 2020Revenue18.8 +47.3%Operating income−8.0Net income−5.9 −486.6%EPS, diluted−0.73Fiscal year 2021Revenue40.1 +113.3%Operating income9.0Net income7.4EPS, diluted0.95Fiscal year 2022Revenue58.9 +47.1%Operating income21.3Net income15.9 +114.6%EPS, diluted2.21Fiscal year 2023Revenue48.7 −17.4%Operating income5.8Net income21.8 +37.4%EPS, diluted4.11Fiscal year 2024Revenue51.4 +5.5%Operating income7.6Net income6.7 −69.3%EPS, diluted1.25Fiscal year 2025Revenue49.7 −3.3%Operating income12.1Net income12.7 +90.1%EPS, diluted2.37Fiscal year 2026Revenue52.8 +6.3%Operating income12.4Net income10.3 −19.1%EPS, diluted1.91
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Revenue 42.4 8.9 12.8 18.8 40.1 58.9 48.7 51.4 49.7 52.8
Growth −78.9% +42.9% +47.3% +113.3% +47.1% −17.4% +5.5% −3.3% +6.3%
Operating income n/a n/a −3.2 −8.0 9.0 21.3 5.8 7.6 12.1 12.4
Net income −0.0 0.2 1.5 −5.9 7.4 15.9 21.8 6.7 12.7 10.3
Growth +541.6% −486.6% +114.6% +37.4% −69.3% +90.1% −19.1%
EPS, diluted n/a n/a n/a −0.73 0.95 2.21 4.11 1.25 2.37 1.91

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2017Net margin−0.0%Free cash flow margin24.0%Fiscal year 2018Net margin2.7%Free cash flow margin5.4%Fiscal year 2019Operating margin−25.3%Net margin12.0%Free cash flow margin4.6%Fiscal year 2020Operating margin−42.4%Net margin−31.4%Free cash flow margin4.0%Fiscal year 2021Operating margin22.6%Net margin18.4%Free cash flow margin31.5%Fiscal year 2022Operating margin36.2%Net margin26.9%Free cash flow margin24.1%Fiscal year 2023Operating margin12.0%Net margin44.8%Free cash flow margin12.9%Fiscal year 2024Operating margin14.8%Net margin13.0%Free cash flow margin20.0%Fiscal year 2025Operating margin24.4%Net margin25.6%Free cash flow margin19.4%Fiscal year 2026Operating margin23.4%Net margin19.5%Free cash flow margin24.2%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Operating margin n/a n/a −25.3% −42.4% 22.6% 36.2% 12.0% 14.8% 24.4% 23.4%
Net margin −0.0% 2.7% 12.0% −31.4% 18.4% 26.9% 44.8% 13.0% 25.6% 19.5%
Free cash flow margin 24.0% 5.4% 4.6% 4.0% 31.5% 24.1% 12.9% 20.0% 19.4% 24.2%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2017Operating cash flow10.4Capital expenditure−0.2Free cash flow10.2Fiscal year 2018Operating cash flow0.5Capital expenditure−0.1Free cash flow0.5 −95.3%Fiscal year 2019Operating cash flow0.6Capital expenditure−0.0Free cash flow0.6 +21.9%Fiscal year 2020Operating cash flow0.8Capital expenditure−0.0Free cash flow0.8 +29.5%Buybacks0.0Fiscal year 2021Operating cash flow12.6Capital expenditure−0.0Free cash flow12.6 +1,567.2%Buybacks−5.1Fiscal year 2022Operating cash flow15.5Capital expenditure−1.3Free cash flow14.2 +12.6%Buybacks−21.9Fiscal year 2023Operating cash flow6.4Capital expenditure−0.1Free cash flow6.3 −55.9%Buybacks0.0Fiscal year 2024Operating cash flow10.7Capital expenditure−0.5Free cash flow10.3 +63.9%Fiscal year 2025Operating cash flow10.2Capital expenditure−0.6Free cash flow9.7 −5.8%Fiscal year 2026Operating cash flow12.9Capital expenditure−0.1Free cash flow12.8 +32.3%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Operating cash flow 10.4 0.5 0.6 0.8 12.6 15.5 6.4 10.7 10.2 12.9
Capital expenditure −0.2 −0.1 −0.0 −0.0 −0.0 −1.3 −0.1 −0.5 −0.6 −0.1
Free cash flow 10.2 0.5 0.6 0.8 12.6 14.2 6.3 10.3 9.7 12.8
Growth −95.3% +21.9% +29.5% +1,567.2% +12.6% −55.9% +63.9% −5.8% +32.3%
Buybacks n/a n/a n/a 0.0 −5.1 −21.9 0.0 n/a n/a n/a

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2017Cash11.8Shareholders’ equity85.4Fiscal year 2018Cash10.9Shareholders’ equity87.1Fiscal year 2019Cash13.3Shareholders’ equity89.8Fiscal year 2020Cash17.5Total debt3.9Net cash (debt)13.6Shareholders’ equity84.6Debt to equity0.05Fiscal year 2021Cash24.8Total debt3.5Net cash (debt)21.3Shareholders’ equity88.9Debt to equity0.04Fiscal year 2022Cash15.7Total debt2.0Net cash (debt)13.7Shareholders’ equity83.2Debt to equity0.02Fiscal year 2023Cash20.0Total debt0.0Net cash (debt)19.9Shareholders’ equity111.0Debt to equity0.00Fiscal year 2024Cash29.7Total debt0.0Net cash (debt)29.7Shareholders’ equity118.1Debt to equity0.00Fiscal year 2025Cash39.5Total debt0.0Net cash (debt)39.4Shareholders’ equity130.0Debt to equity0.00Fiscal year 2026Cash52.3Total debt0.0Net cash (debt)52.3Shareholders’ equity140.7Debt to equity0.00
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Cash 11.8 10.9 13.3 17.5 24.8 15.7 20.0 29.7 39.5 52.3
Total debt n/a n/a n/a 3.9 3.5 2.0 0.0 0.0 0.0 0.0
Net cash (debt) n/a n/a n/a 13.6 21.3 13.7 19.9 29.7 39.4 52.3
Shareholders’ equity 85.4 87.1 89.8 84.6 88.9 83.2 111.0 118.1 130.0 140.7
Debt to equity n/a n/a n/a 0.05 0.04 0.02 0.00 0.00 0.00 0.00

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2026 · 10-K

Cash flow

In millions of USD, except per-share figures; shares in millions. Fiscal years ending April, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2017 30 Apr 2017 FY2018† 30 Apr 2018 FY2019 30 Apr 2019 FY2020 30 Apr 2020 FY2021 30 Apr 2021 FY2022 30 Apr 2022 FY2023 30 Apr 2023 FY2024† 30 Apr 2024 FY2025 30 Apr 2025 FY2026 30 Apr 2026
Operations
10.4 0.5 0.6 0.8 12.6 15.5 6.4 10.7 10.2 12.9
Growth −94.9% +11.5% +29.2% +1,548.2% +22.7% −58.7% +67.7% −4.4% +25.7%
1.4 1.2 n/a n/a n/a n/a n/a n/a n/a n/a
Investment
−0.2 −0.1 −0.0 −0.0 −0.0 −1.3 −0.1 −0.5 −0.6 −0.1
calc 10.2 0.5 0.6 0.8 12.6 14.2 6.3 10.3 9.7 12.8
Growth −95.3% +21.9% +29.5% +1,567.2% +12.6% −55.9% +63.9% −5.8% +32.3%
calc 1.26 59.11 71.70 92.94 1,621.51 1,972.61 1,179.20 1.92 1.80 2.37
−0.2 −0.1 0.2 −0.0 −0.0 −1.2 −0.1 −0.5 −0.6 −0.1
Financing
−12.9 1.8 −0.5 2.5 −5.3 −23.4 −2.0 −0.0 −0.0 −0.0
n/a n/a n/a 0.0 −5.1 −21.9 0.0 n/a n/a n/a

† The diluted share count jumps at 2018 and 2024, so per-share figures either side of that column are not comparable. Usually a split, but the break lands on the restatement boundary rather than on the split date, because every column is that period’s latest filing.

Lines marked calc are worked out here from filed figures; point at one for how. Capital expenditure, dividends and buybacks are shown as money out, so negative.