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Amrep vs Stratus Properties: revenue, profit, margins and growth compared

Amrep brought in $52.8M of revenue in fiscal 2026, Stratus Properties $29.9M in fiscal 2025. Revenue changed by +6.3% at Amrep and -44.8% at Stratus Properties on the year before, so Amrep grew faster. Amrep kept 19.5% of its revenue as net profit, Stratus Properties 40.1%. Free cash flow was $12.8M at Amrep and -$38M at Stratus Properties.

Side by side, latest fiscal year

AXRSTRS
Fiscal year endedFY2026 (April 30, 2026)FY2025 (December 31, 2025)
Revenue$52.8M$29.9M
Revenue growth+6.3%-44.8%
Net income$10.3M$12M
Net margin19.5%40.1%
Free cash flow$12.8M-$38M
Free cash flow margin24.2%-127.2%
Earnings per share (diluted)$1.91$1.47
Cash$52.3M$74.3M
Debt$18Kn/a
Price to earnings11.712.5
Market value$119.1M$146.5M
Dividend yieldn/an/a
Rank by revenue in sector#160 of 195 · Real estate#168 of 195 · Real estate

Over the years

Revenue
AXR FY2019: $12.8MAXR FY2020: $18.8MAXR FY2021: $40.1MAXR FY2022: $58.9MAXR FY2023: $48.7MAXR FY2024: $51.4MAXR FY2025: $49.7MAXR FY2026: $52.8MSTRS FY2018: $25MSTRS FY2019: $92.2MSTRS FY2020: $44.3MSTRS FY2021: $28.2MSTRS FY2022: $37.5MSTRS FY2023: $17.3MSTRS FY2024: $54.2MSTRS FY2025: $29.9MFY18FY19FY20FY21FY22FY23FY24FY25FY26
AXR $52.8MSTRS $29.9M
Net income
AXR FY2019: $1.5MAXR FY2020: -$5.9MAXR FY2021: $7.4MAXR FY2022: $15.9MAXR FY2023: $21.8MAXR FY2024: $6.7MAXR FY2025: $12.7MAXR FY2026: $10.3MSTRS FY2018: -$4MSTRS FY2019: -$2.5MSTRS FY2020: -$22.8MSTRS FY2021: $57.4MSTRS FY2022: $90.4MSTRS FY2023: -$14.8MSTRS FY2024: $2MSTRS FY2025: $12MFY18FY19FY20FY21FY22FY23FY24FY25FY26
AXR $10.3MSTRS $12M
Net margin
AXR FY2019: 11.9%AXR FY2020: -31.4%AXR FY2021: 18.4%AXR FY2022: 26.9%AXR FY2023: 44.8%AXR FY2024: 13.0%AXR FY2025: 25.6%AXR FY2026: 19.5%STRS FY2018: -15.9%STRS FY2019: -2.7%STRS FY2020: -51.4%STRS FY2021: 203.3%STRS FY2022: 241.1%STRS FY2023: -85.7%STRS FY2024: 3.6%STRS FY2025: 40.1%FY18FY19FY20FY21FY22FY23FY24FY25FY26
AXR 19.5%STRS 40.1%
Revenue growth
AXR FY2020: +46.4%AXR FY2021: +113.3%AXR FY2022: +47.1%AXR FY2023: -17.4%AXR FY2024: +5.5%AXR FY2025: -3.3%AXR FY2026: +6.3%STRS FY2019: +268.9%STRS FY2020: -51.9%STRS FY2021: -36.3%STRS FY2022: +32.8%STRS FY2023: -53.9%STRS FY2024: +213.7%STRS FY2025: -44.8%FY19FY20FY21FY22FY23FY24FY25FY26
AXR +6.3%STRS -44.8%
Free cash flow
AXR FY2019: $584KAXR FY2020: $756KAXR FY2021: $12.6MAXR FY2022: $14.2MAXR FY2023: $6.3MAXR FY2024: $10.3MAXR FY2025: $9.7MAXR FY2026: $12.8MSTRS FY2018: -$93.8MSTRS FY2019: -$64.9MSTRS FY2020: -$10.2MSTRS FY2021: -$73.2MSTRS FY2022: -$110.1MSTRS FY2023: -$97.2MSTRS FY2024: -$35MSTRS FY2025: -$38MFY18FY19FY20FY21FY22FY23FY24FY25FY26
AXR $12.8MSTRS -$38M

Fiscal years as each company reports them; the two may end in different months.

Questions about Amrep and Stratus Properties

Which is bigger by revenue, Amrep or Stratus Properties?

Amrep is bigger by revenue: $52.8M in fiscal 2026, against $29.9M for Stratus Properties in fiscal 2025.

Which keeps more of its revenue as profit, Amrep or Stratus Properties?

Amrep had a net margin of 19.5% in fiscal 2026; Stratus Properties had 40.1% in fiscal 2025.

Which grew revenue faster, Amrep or Stratus Properties?

In their latest fiscal years revenue changed by +6.3% at Amrep and -44.8% at Stratus Properties.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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