American Realty Investors Inc
NYSE: ARL · REAL ESTATE · REAL ESTATE SERVICES
Updated 2026-06-05
American Realty Investors Inc (ARL) Financial statements
SEC filings — annual and quarterly data.
Cash flow — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $-21.05M | $-23.51M | $24.14M | $-25.85M | $-9.63M | $23.55M | $-23.11M | $-42.16M | $-37.97M | $-34.51M | $17.45M | $-37.34M | $-172.33M | $-40.64M | $3.50M | $-11.52M | $-45.39M | $-31.05M | $1.09M | $-5.55M |
| Capital expenditures | $182.36M | $362.76M | $286.69M | $67.05M | $62.90M | $54.50M | $16.98M | $9.32M | $95.67M | $239.14M | $112.21M | $115.18M | $3.69M | $8.53M | $17.50M | $123.72M | $1.16M | $18.46M | $57.93M | $79.49M |
| Depreciation | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Stock-based comp | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Free cash flow | $-203.42M | $-386.27M | $-262.55M | $-92.90M | $-72.52M | $-30.95M | $-40.09M | $-51.48M | $-133.63M | $-273.65M | $-94.76M | $-152.52M | $-176.02M | $-49.17M | $-14.01M | $-135.24M | $-46.55M | $-49.52M | $-56.84M | $-85.05M |
| Investing cash flow | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Dividends paid | $849000.00 | — | — | — | — | $2.46M | $2.45M | $2.45M | $2.04M | $1.22M | $1.10M | $1.10M | $901000.00 | $0.00 | $0.00 | $0.00 | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Debt repayment | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net change in cash | — | — | — | — | — | $7.66M | $-3171.00 | $3038.00 | $-4.14M | $2.93M | $2.29M | $25.40M | $18.08M | $-23.30M | $3.71M | $-14.29M | $149.59M | — | — | — |
Frequently asked questions
What is American Realty Investors Inc's revenue?
American Realty Investors Inc's trailing twelve-month revenue is $50.63M. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.
How profitable is ARL?
In its most recent fiscal year, ARL ran a gross margin of -25.09%, an operating margin of -12.85%, and a net margin of 31.40%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does ARL generate?
ARL produced $-85.05M in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is ARL's balance sheet healthy?
ARL holds $14.18M in cash and equivalents against $214.37M in long-term debt, on $617.40M of shareholder equity. That debt is best read against the cash flow the business throws off each year.