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OLP

One Liberty Properties, Inc.

OLP

One Liberty Properties, Inc. • NYSE
$20.84 ▼ -0.43% (-0.09)
Market Cap $451.09 M
52w High $30.30
52w Low $19.62
Dividend Yield 1.80%
P/E 13.53
Volume 65.11K
Outstanding Shares 21.65M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $24.786M ▲ $4.07M ▼ $10.478M ▲ 42.274% ▲ $0.48 ▲ $15.366M ▼
Q2-2025 $24.545M ▲ $4.301M ▼ $8.431M ▲ 34.349% ▲ $0.39 ▲ $22.092M ▲
Q1-2025 $24.17M ▲ $9.511M ▲ $4.155M ▼ 17.191% ▼ $0.18 ▼ $16.146M ▼
Q4-2024 $23.856M ▲ $3.132M ▼ $10.532M ▲ 44.148% ▲ $0.51 ▲ $21.788M ▲
Q3-2024 $22.211M $7.978M $5.177M 23.308% $0.25 $16.254M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $18.8M ▼ $802.305M ▲ $496.533M ▲ $305.576M ▲
Q2-2025 $19.115M ▲ $795.585M ▼ $491.821M ▼ $303.388M ▲
Q1-2025 $8.162M ▼ $811.688M ▲ $507.356M ▲ $303.231M ▼
Q4-2024 $42.315M ▲ $766.954M ▼ $458.379M ▼ $307.425M ▲
Q3-2024 $25.684M $768.846M $463.526M $304.177M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $10.478M ▲ $0 ▼ $0 ▼ $0 ▲ $0 ▼ $0 ▼
Q2-2025 $9.418M ▲ $11.228M ▲ $27.319M ▲ $-27.419M ▼ $11.128M ▲ $11.228M ▲
Q1-2025 $4.169M ▼ $10.996M ▼ $-86.338M ▼ $40.677M ▲ $-34.665M ▼ $10.996M ▲
Q4-2024 $10.204M ▲ $11.568M ▲ $19.431M ▲ $-14.21M ▼ $16.631M ▲ $10.088M ▲
Q3-2024 $5.177M $9.969M $-20.876M $1.09M $-9.817M $9.969M

Revenue by Products

Product Q2-2021Q3-2021Q4-2021Q1-2022
Lease termination fees
Lease termination fees
 $0 ▲$0 ▲$0 ▲$0 ▲
Rental income net
Rental income net
 $0 ▲$20.00M ▲$20.00M ▲$20.00M ▲
Lease Termination Fee
Lease Termination Fee
 $0 ▲$0 ▲$0 ▲$0 ▲
Rental Income
Rental Income
 $20.00M ▲$0 ▼$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Over the past several years, One Liberty’s rental income has been very steady, reflecting a stable, mostly long‑term lease base. Profitability has gradually improved, with operating and net income trending upward from earlier levels, even if the year‑to‑year pattern is not perfectly smooth. Earnings per share show some lumpiness, suggesting occasional one‑time gains or charges, but the overall direction versus the early years in the period is positive. In short, the income statement tells a story of slow, dependable growth rather than rapid expansion.

Balance Sheet

Balance Sheet The balance sheet looks relatively steady and typical for a net‑lease REIT. Total assets have hovered in a narrow range, indicating a mature portfolio rather than a highly aggressive expansion phase. Debt sits above cash by a wide margin, which is normal in this sector but means the company is sensitive to interest costs and credit conditions. Equity has inched higher over time, signaling gradual value build‑up in the portfolio. Overall, the financial structure appears stable, with leverage that seems actively managed rather than drifting higher.

Cash Flow

Cash Flow Cash flow from operations has been consistent and comfortably positive, matching the nature of long‑term, contracted rents. Since this is a net‑lease model with tenants handling many property costs, ongoing capital spending needs are quite low, so free cash flow largely tracks operating cash flow. That pattern supports the idea of a dependable cash engine that can fund dividends and selective acquisitions, though it leaves less room for dramatic internal growth spurts without outside capital.

Competitive Edge

Competitive Edge One Liberty competes in the net‑lease REIT space with a growing tilt toward industrial properties. Its strengths are a long history in the business, a high occupancy rate, and a broad geographic footprint, which together help smooth out regional bumps. The shift to industrial assets places it in a segment with solid long‑term demand drivers, but also pits it against larger and more specialized industrial REITs. Its smaller scale can mean more agility in deal‑making but also less bargaining power and fewer funding options compared with the biggest players.

Innovation and R&D

Innovation and R&D This is not a research‑heavy, technology company; its “innovation” is mainly strategic. The key move is a deliberate pivot toward industrial real estate, with a growing majority of rent coming from that category. The company is also sticking to a disciplined net‑lease structure that pushes many operating costs to tenants, which is more of a financial and contractual design than a technical innovation. There’s limited evidence of cutting‑edge technology use, but there is clear evidence of portfolio reshaping and capital allocation discipline as its main tools for staying competitive.

Summary

Putting it all together, One Liberty looks like a conservative, income‑oriented REIT that has been quietly improving profitability while keeping its financial footing steady. The business model generates stable cash flow, supported by long‑term leases and low capital spending requirements. The ongoing shift toward industrial properties is the main strategic story and could be a source of both opportunity and risk, depending on industrial demand and tenant health. Overall, the company presents as a steady operator prioritizing stability and incremental improvement over rapid, high‑risk growth.

NEWS

November 6, 2025 · 4:30 PM UTC

One Liberty Properties Reports Third Quarter 2025 Results

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September 10, 2025 · 11:00 AM UTC

One Liberty Properties Announces 131st Consecutive Quarterly Dividend

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