American Realty Investors vs Boston Omaha
Boston Omaha is the larger business, with $114m of revenue in fiscal 2025 against $50.0m for American Realty Investors (2.3 times as much). American Realty Investors grew faster (5.7% against 5.6%). American Realty Investors kept more of each dollar of sales as profit: a net margin of 31.4% against -10.9%. Boston Omaha carries less debt relative to equity (9.4% against 34.8%).
| Latest fiscal year | American Realty InvestorsARL, 2025 | Boston OmahaBOC, 2025 |
|---|---|---|
| Revenue | $50.0m | $114m |
| Revenue growth | 5.7% | 5.6% |
| Net income | $15.7m | −$12.4m |
| Operating margin | -12.9% | -3.4% |
| Net margin | 31.4% | -10.9% |
| Return on equity | 2.6% | -2.4% |
| Free cash flow | −$5.6m | −$10.0m |
| Cash | $14.2m | $16.1m |
| Total debt | $215m | $48.8m |
| Debt to equity | 34.8% | 9.4% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | $5.8m |
| Employees | — | 422 |
| Market value | $309m | $409m |
| Price vs our value range | — | — |
| Moat score | 25 (Weak) | 33 (Weak) |
| Insider trades, 12 months | 0 buys, 0 sales | 14 buys, 3 sales |