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Stocks · Real estate · Real Estate Investment Trusts

Clipper Realty Inc.

CLPR Clue Score36
United States Fiscal year ends December CIK 0001649096
$3.13 -1.26% Close, 9 Oct 2026
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Price $3.13 −62.83% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 10 Feb 2017. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back.

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 2016Revenue93.0Operating income25.8Net income−12.3Fiscal year 2017Revenue104.0 +11.8%Operating income29.5Net income−6.0Fiscal year 2018Revenue110.0 +5.8%Operating income32.5Net income−9.0Fiscal year 2019Revenue116.2 +5.6%Operating income33.5Net income−4.1Fiscal year 2020Revenue122.9 +5.8%Operating income32.1Net income−12.2Fiscal year 2021Revenue122.7 −0.1%Operating income24.2Net income−20.0Fiscal year 2022Revenue129.7 +5.7%Operating income27.6Net income−12.6Fiscal year 2023Revenue138.2 +6.5%Operating income33.2Fiscal year 2024Revenue148.8 +7.6%Operating income40.5Fiscal year 2025Revenue153.2 +3.0%Operating income4.2
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 93.0 104.0 110.0 116.2 122.9 122.7 129.7 138.2 148.8 153.2
Growth +11.8% +5.8% +5.6% +5.8% −0.1% +5.7% +6.5% +7.6% +3.0%
Operating income 25.8 29.5 32.5 33.5 32.1 24.2 27.6 33.2 40.5 4.2
Net income −12.3 −6.0 −9.0 −4.1 −12.2 −20.0 −12.6 n/a n/a n/a
Growth

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2016Operating margin27.7%Net margin−13.3%Free cash flow margin−9.5%Fiscal year 2017Operating margin28.4%Net margin−5.8%Free cash flow margin−9.3%Fiscal year 2018Operating margin29.5%Net margin−8.2%Free cash flow margin−21.2%Fiscal year 2019Operating margin28.8%Net margin−3.5%Free cash flow margin−16.2%Fiscal year 2020Operating margin26.2%Net margin−10.0%Free cash flow margin−14.0%Fiscal year 2021Operating margin19.7%Net margin−16.3%Free cash flow margin−57.0%Fiscal year 2022Operating margin21.3%Net margin−9.7%Free cash flow margin−24.7%Fiscal year 2023Operating margin24.0%Free cash flow margin−14.6%Fiscal year 2024Operating margin27.2%Free cash flow margin−25.5%Fiscal year 2025Operating margin2.7%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin 27.7% 28.4% 29.5% 28.8% 26.2% 19.7% 21.3% 24.0% 27.2% 2.7%
Net margin −13.3% −5.8% −8.2% −3.5% −10.0% −16.3% −9.7% n/a n/a n/a
Free cash flow margin −9.5% −9.3% −21.2% −16.2% −14.0% −57.0% −24.7% −14.6% −25.5% n/a

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 2016Operating cash flow9.4Capital expenditure−18.2Free cash flow−8.8Dividends paid−10.0Fiscal year 2017Operating cash flow13.1Capital expenditure−22.7Free cash flow−9.7Dividends paid−16.6Fiscal year 2018Operating cash flow22.4Capital expenditure−45.6Free cash flow−23.3Buybacks0.0Dividends paid−17.0Fiscal year 2019Operating cash flow23.8Capital expenditure−42.6Free cash flow−18.9Buybacks0.0Dividends paid−17.1Fiscal year 2020Operating cash flow16.0Capital expenditure−33.2Free cash flow−17.2Buybacks−10.0Dividends paid−17.2Fiscal year 2021Operating cash flow10.8Capital expenditure−80.8Free cash flow−70.0Buybacks0.0Dividends paid−16.8Fiscal year 2022Operating cash flow20.1Capital expenditure−52.1Free cash flow−32.0Dividends paid−17.1Fiscal year 2023Operating cash flow26.2Capital expenditure−46.3Free cash flow−20.1Dividends paid−17.4Fiscal year 2024Operating cash flow31.9Capital expenditure−69.7Free cash flow−37.9Dividends paid−17.6Fiscal year 2025Operating cash flow22.6Dividends paid−18.5
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 9.4 13.1 22.4 23.8 16.0 10.8 20.1 26.2 31.9 22.6
Capital expenditure −18.2 −22.7 −45.6 −42.6 −33.2 −80.8 −52.1 −46.3 −69.7 n/a
Free cash flow −8.8 −9.7 −23.3 −18.9 −17.2 −70.0 −32.0 −20.1 −37.9 n/a
Growth
Buybacks n/a n/a 0.0 0.0 −10.0 0.0 n/a n/a n/a n/a
Dividends paid −10.0 −16.6 −17.0 −17.1 −17.2 −16.8 −17.1 −17.4 −17.6 −18.5

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash37.5Shareholders’ equity38.2Fiscal year 2017Cash7.9Total debt843.9Net cash (debt)−836.0Shareholders’ equity74.9Debt to equity11.27Fiscal year 2018Cash37.0Total debt913.6Net cash (debt)−876.5Shareholders’ equity65.2Debt to equity14.02Fiscal year 2019Cash42.5Total debt997.9Net cash (debt)−955.4Shareholders’ equity57.2Debt to equity17.44Fiscal year 2020Cash72.1Total debt1,079.5Net cash (debt)−1,007.4Shareholders’ equity39.5Debt to equity27.35Fiscal year 2021Cash34.5Total debt1,131.2Net cash (debt)−1,096.6Shareholders’ equity26.5Debt to equity42.66Fiscal year 2022Cash18.2Total debt1,161.6Net cash (debt)−1,143.4Shareholders’ equity14.1Debt to equity82.42Fiscal year 2023Cash22.2Total debt1,205.6Net cash (debt)−1,183.5Shareholders’ equity2.7Debt to equity439.37Fiscal year 2024Cash19.9Total debt1,266.3Net cash (debt)−1,246.4Shareholders’ equity−5.4Fiscal year 2025Cash30.8Shareholders’ equity−30.7
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 37.5 7.9 37.0 42.5 72.1 34.5 18.2 22.2 19.9 30.8
Total debt n/a 843.9 913.6 997.9 1,079.5 1,131.2 1,161.6 1,205.6 1,266.3 n/a
Net cash (debt) n/a −836.0 −876.5 −955.4 −1,007.4 −1,096.6 −1,143.4 −1,183.5 −1,246.4 n/a
Shareholders’ equity 38.2 74.9 65.2 57.2 39.5 26.5 14.1 2.7 −5.4 −30.7
Debt to equity n/a 11.27 14.02 17.44 27.35 42.66 82.42 439.37 n/a n/a

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

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
93.0 104.0 110.0 116.2 122.9 122.7 129.7 138.2 148.8 153.2
Growth +11.8% +5.8% +5.6% +5.8% −0.1% +5.7% +6.5% +7.6% +3.0%
67.2 74.4 77.5 82.7 91.5 95.8 102.1 105.0 108.0 149.0
8.4 9.9 9.9 9.2 9.7 10.6 12.8 13.2 14.2 15.5
25.8 29.5 32.5 33.5 32.1 24.2 27.6 33.2 40.5 4.2
Growth +14.4% +10.0% +3.2% −4.0% −24.8% +14.4% +20.0% +22.2% −89.7%
n/a 0.0 0.0 n/a 0.0 0.0 0.0 0.0 0.0 0.0
−12.3 −6.0 −9.0 −4.1 −12.2 −20.0 −12.6 n/a n/a n/a
Growth
Per share
n/a n/a n/a n/a n/a −0.51 −0.36 −0.45 −0.25 −1.38
n/a n/a n/a n/a n/a 0.0 16.1 16.1 16.1 16.1

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 4.5% a year over five years.
  • Operating margin is down 23.4 points on five years ago, at 2.7%.
  • A net loss in 7 of 7 years on file.