ARL vs BOC
American Realty Investors Inc. and Boston Omaha Corp., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | ARL | BOC |
|---|---|---|
| Revenue | $50.0M | $114.4M |
| Net income | $15.7M | $-12.4M |
| Gross margin | 59.9% | 65.8% |
| Net margin | 37.1% | −16.0% |
| Return on equity | 2.6% | −2.4% |
| Diluted EPS | $0.97 | −$0.40 |
| Dividend / share | $0.00 | · |
| Payout ratio | · | · |
| Free cash flow | $-85.0M | $-10.0M |
| Equity | $617.4M | $516.1M |
| Net debt / equity | 0.32× | 0.04× |
| Current ratio | · | 1.98× |
| Revenue CAGR 5y | −3.3% | 20.1% |
| Profit CAGR 5y | · | · |
BOC bills 2.3× the revenue of ARL, and BOC closed the last reported year at a loss.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | ARL | BOC |
|---|---|---|
| FY2025 | $50.0M | $114.4M |
| FY2024 | $47.3M | $108.3M |
| FY2023 | $50.5M | $96.3M |
| FY2022 | $37.5M | $81.2M |
| FY2021 | $42.0M | $57.0M |
| FY2020 | $59.0M | $45.7M |
| FY2019 | $59.0M | $41.4M |
| FY2018 | $149.9M | $20.0M |
| FY2017 | $126.2M | $9.0M |
| FY2016 | $119.7M | $3.8M |
Bottom line
| Fiscal year | ARL | BOC |
|---|---|---|
| FY2025 | $15.7M | $-12.4M |
| FY2024 | $-14.7M | $-1.3M |
| FY2023 | $4.0M | $-7.0M |
| FY2022 | $373.3M | $10.2M |
| FY2021 | $3.3M | $52.7M |
| FY2020 | $11.3M | $-49,089 |
| FY2019 | $-16.0M | $-1.5M |
| FY2018 | $173.7M | $-9.1M |
| FY2017 | $-8.4M | $-6.5M |
| FY2016 | $-2.7M | $-3.2M |
14 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$64,362,348 | BOC |
| FY2024 | −$60,956,901 | BOC |
| FY2023 | −$45,753,736 | BOC |
| FY2022 | −$43,690,194 | BOC |
| FY2021 | −$14,932,811 | BOC |
| FY2020 | +$13,282,537 | ARL |
| FY2019 | +$17,598,862 | ARL |
| FY2018 | +$129,927,607 | ARL |
| FY2017 | +$117,206,655 | ARL |
| FY2016 | +$115,819,483 | ARL |
| FY2015 | +$103,465,088 | ARL |
| FY2014 | +$79,368,126 | ARL |
| FY2013 | +$80,716,451 | ARL |
| FY2012 | +$81,743,878 | ARL |
The higher-revenue side has changed between ARL and BOC over this period. The gap has narrowed since the earliest year compared.
14 of 17 comparable fiscal years — a year missing data on either side is not counted.
11 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +53.1 pp | ARL |
| FY2024 | −31.5 pp | BOC |
| FY2023 | +16.8 pp | ARL |
| FY2022 | +1253.2 pp | ARL |
| FY2021 | −82.1 pp | BOC |
| FY2020 | +24.4 pp | ARL |
| FY2019 | −33.3 pp | BOC |
| FY2018 | +167.6 pp | ARL |
| FY2017 | +64.8 pp | ARL |
| FY2016 | +80.6 pp | ARL |
| FY2015 | +141.7 pp | ARL |
The higher net margin has changed hands between ARL and BOC over this period.
11 of 16 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
ARL's net margin has been more volatile than BOC's over the 11 comparable fiscal years — 362.5 percentage points of standard deviation against 59.4.
11 of 16 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between ARL and BOC over these 11 fiscal years — ARL led in 8 and BOC in 3.
11 of 16 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
ARL's return on equity has been more volatile than BOC's over the 10 comparable fiscal years — 36.9 percentage points of standard deviation against 5.1.
10 of 16 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between ARL and BOC over these 10 fiscal years — ARL led in 6 and BOC in 4.
10 of 16 comparable fiscal years — a year missing data on either side is not counted.