Transcontinental Realty Investors, Inc. (TCI) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 23	—	$0.41	—	—	—	—
Q1 23	—	$6.82	—	—	—	—
Q4 22	—	$43.8	—	—	—	—
Q3 22	—	$1.91	—	—	—	—
Q2 22	—	$1.68	—	—	—	—
Q1 22	—	-$1.01	—	—	—	—
Q4 21	—	$3.04	—	—	—	—
Q3 21	—	-$3.56	—	—	—	—
Q2 21	—	$2.62	—	—	—	—
Q1 21	—	-$0.17	—	—	—	—
Q4 20	—	$0.88	—	—	—	—
Q3 20	—	-$0.48	—	—	—	—
Q2 20	—	$0.55	—	—	—	—
Q1 20	—	-$0.8	—	—	—	—
Q4 19	—	-$0.89	—	—	—	—
Q3 19	—	-$0.73	—	—	—	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$1.6	—	—	$46.4M	—
FY24	—	$0.68	—	—	$44.8M	—
FY23	—	$0.69	—	—	$47M	—
FY22	—	$54.2	—	—	$34.1M	—
FY21

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$118.5M	$125.2M	$113.9M	$46.2M	$51.9M	$37.8M	$34.1M	$47M	$44.8M	$46.4M
YoY change	+15.9%	+5.71%	-9.01%	-59.4%	+12.3%	-27.2%	-9.86%	+38%	-4.81%	+3.58%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	118.5M	125.2M	113.9M	46.2M	51.9M	37.8M	34.1M	47M	44.8M	46.4M
Cost of revenue	61.9M	63.1M	59.4M	25.2M	24.4M	20.9M	18.3M	27.9M	27.1M	27.9M
Gross profit	56.6M	62.2M	54.5M	21M	27.5M	16.9M	15.7M	19.1M	17.7M	18.5M
Gross margin	47.7%	49.6%	47.9%	45.5%	53.1%	44.8%	46.2%	40.7%	39.5%	39.9%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	15M	16.3M	22.7M	17.1M	17.9M	24.2M	17.9M	18.4M	13.5M	14.9M
Operating expenses	15.2M	16.5M	-12.5M	15.3M	12.8M	21.2M	15.3M	15.5M	11.2M	12.2M
Operating income	17.6M	20.1M	44.3M	-7.7M	-28K	-16.2M	-9.3M	-10M	-5.8M	-6.3M
Operating margin	14.9%	16.1%	38.9%	-16.6%	-0.05%	-42.8%	-27.2%	-21.2%	-12.9%	-13.7%
Non-operating income, net	21.1M	10.8M	185.1M	-8.3M	18.2M	30.3M	574.5M	-1.5M	119K	17.4M
Pretax income	347K	-15.1M	186.3M	-28.1M	7.5M	9.1M	572.2M	9.2M	8.6M	21.5M
Income tax	24K	180K	3.2M	-2M	4K	-1M	103.2M	1.9M	1.9M	7.1M
Net income	322K	-15.3M	183M	-26.1M	7.5M	10.1M	469M	7.3M	6.7M	14.4M
Net margin	0.27%	-12.2%	160.6%	-56.5%	14.4%	26.7%	1.4K%	15.4%	14.9%	31.1%
EBITDA	57.8M	60.2M	91.9M	24.8M	36.7M	31.3M	496.2M	35.7M	29.4M	23.4M
EPS	-0.1	-1.92	20.7	-3.09	0.77	1.09	54.2	0.69	0.68	1.6
Diluted EPS	-0.1	-1.92	20.7	-3.09	0.77	1.09	54.2	0.69	0.68	1.6

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	11.8M	12.8M	11.3M	11.2M	11.1M	11.2M	11.4M	11.5M	11.9M	11.5M	11.7M	12.2M
Cost of revenue	7.4M	7.3M	6.6M	6.6M	7M	6.8M	6M	6.5M	7.5M	7.8M	7.3M	8.2M
Gross profit	4.4M	5.5M	4.6M	4.6M	4.1M	4.4M	5.5M	5M	4.4M	3.7M	4.3M	4.1M
Gross margin	37.1%	42.8%	41.2%	40.8%	36.9%	39.3%	47.7%	43.2%	36.7%	32%	37.1%	33.2%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	3.5M	4.2M	3.4M	3.1M	3.2M	3.8M	3.8M	3.4M	3.7M	4M	3.3M	3.3M
Operating expenses	2.9M	3.6M	2.8M	2.5M	2.6M	3.2M	3.2M	2.7M	2.8M	3.5M	2.7M	2.7M
Operating income	-1.8M	-2.1M	-1.3M	-1.1M	-1.7M	-1.7M	-635K	-825K	-1.4M	-3.5M	-2M	-2.3M
Operating margin	-15%	-16.7%	-11.8%	-9.67%	-15.1%	-15.1%	-5.56%	-7.17%	-11.7%	-30.3%	-16.8%	-19.2%
Non-operating income, net	85K	-1.8M	435K	109K	283K	-708K	3.9M	947K	755K	11.8M	385K	814K
Pretax income	6.1M	-2.8M	3.4M	2.4M	2.5M	408K	6.1M	2.4M	2.5M	10.6M	-107K	-1.1M
Income tax	1.3M	-699K	603K	669K	546K	112K	1.3M	2M	1.6M	2.1M	-431K	-127K
Net income	4.8M	-2.1M	2.8M	1.7M	1.9M	296K	4.8M	324K	884K	8.4M	324K	-1M
Net margin	40.2%	-16.4%	24.4%	15.2%	17.2%	2.64%	41.8%	2.81%	7.42%	73.4%	2.78%	-8.34%
EBITDA	11.3M	5.2M	8.4M	7.4M	7.8M	5.7M	6.9M	6.2M	6.3M	4M	6.1M	4.5M
EPS	0.52	—	0.3	0.17	0.2	—	0.53	0.02	0.08	0.97	0.02	-0.13
Diluted EPS	0.52	—	0.3	0.17	0.2	—	0.53	0.02	0.08	0.97	0.02	-0.13

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	104.8M	273M	246.9M	347.7M	208.3M	337.8M	381.7M	298.6M	257.5M	506.4M	378.3M
Enterprise value	934.4M	1.2B	641.5M	761.3M	645.5M	637.3M	462.2M	350.6M	339.7M	628.2M	599M
Shares outstanding	8.7M	8.7M	8.7M	8.7M	8.6M	8.6M	8.6M	8.6M	8.6M	8.6M	8.6M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	325.4	—	1.35	—	27.9	33.5	0.81	41.2	38.7	35.1	45.9
P/S	0.88	2.18	2.17	7.52	4.01	8.93	11.2	6.35	5.75	10.9	7.55
P/B	0.47	1.31	0.65	0.98	0.58	0.91	0.45	0.35	0.3	0.58	0.44
EV/EBITDA	16.2	20.7	6.98	30.7	17.6	20.3	0.93	9.83	11.6	26.8	123.9
EV/Sales	7.89	9.93	5.63	16.5	12.4	16.9	13.6	7.46	7.59	13.5	12
Earnings yield	0.31%	—	74.1%	—	3.58%	2.98%	122.9%	2.43%	2.59%	2.85%	2.18%
FCF yield	2.1%	-9.18%	-73.4%	-10.3%	2.7%	-3.25%	-11.9%	-10.4%	0.51%	-0.57%	-1.4%
PEG	—	—	—	—	—	—	—	—	—	—	-0.06

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	47.7%	49.6%	47.9%	45.5%	53.1%	44.8%	46.2%	40.7%	39.5%	39.9%	33.2%
Operating margin	14.9%	16.1%	38.9%	-16.6%	-0.05%	-42.8%	-27.2%	-21.2%	-12.9%	-13.7%	-18.2%
Net margin	0.27%	-12.2%	160.6%	-56.5%	14.4%	26.7%	1.4K%	15.4%	14.9%	31.1%	16.1%
ROE	0.14%	-7.35%	48.1%	-7.38%	2.06%	2.71%	55.8%	0.86%	0.78%	1.67%	1%
ROA	0.03%	-1.17%	21.2%	-3.02%	0.85%	1.28%	38.5%	0.7%	0.62%	1.27%	-0.51%
ROIC	1.56%	1.71%	5.61%	-1%	-0%	-2.41%	-0.83%	-0.88%	-0.48%	-0.43%	-0.68%
Return on tangible assets	0.03%	-1.17%	21.2%	-3.02%	0.85%	1.28%	38.5%	0.7%	0.62%	1.27%	0.76%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	4.84	6.7	10.3	8.97	10.8	7.1	9.84	27	14.2	9.49	3.99
Quick ratio	4.84	6.7	10.3	8.97	10.8	7.1	9.84	27	14.2	9.49	10.3
Debt / equity	3.77	4.82	1.13	1.31	1.31	0.99	0.37	0.21	0.21	0.24	0.25
Debt / assets	0.71	0.76	0.5	0.54	0.54	0.46	0.26	0.17	0.17	0.19	0.19
Net debt / EBITDA	14.4	16.1	4.29	16.7	11.9	9.55	0.16	1.46	2.8	5.2	6.23
Interest coverage	1.01	0.75	4.16	0.12	1.25	1.39	34	1.99	2.12	4.22	2.33
Effective tax rate	6.92%	0%	1.72%	0%	0.05%	0%	18%	21.1%	22.5%	32.9%	26.7%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	13.6	14.4	13.1	5.3	6.01	4.38	3.94	5.44	5.18	5.37	5.8
EPS (basic)	-0.1	-1.92	20.7	-3.09	0.77	1.09	54.2	0.69	0.68	1.6	1.6
EPS (diluted)	-0.1	-1.92	20.7	-3.09	0.77	1.09	54.2	0.69	0.68	1.6	0.94
Book value per share	25.7	23.9	43.6	40.6	41.8	43	97.3	98	98.7	100.3	98
FCF per share	0.25	-2.88	-20.8	-4.1	0.65	-1.27	-5.25	-3.6	0.15	-0.33	0.24
Cash per share	2.01	3.85	4.17	5.87	4.26	7.72	27	14.7	11.5	10.3	1.22
Capex per share	6.98	8.88	—	—	—	—	—	—	—	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	51.3%	61.8%	—	—	—	—	—	—	—	—	—
Capex / operating cash flow	158.6%	-346.2%	—	—	—	—	—	—	—	—	—
Payout ratio	279.5%	-5.88%	0.49%	0%	0%	—	—	—	—	—	0%
Dividend yield	0.86%	0.33%	0.36%	0%	0%	—	—	—	—	—	1.67%

Yield

1.67%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.18

ex-dividend Sep 15, 2000

Payout ratio

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Sep 15, 2000	$0.18
Jun 13, 2000	$0.18
Mar 13, 2000	$0.18
Dec 13, 1999	$0.15
Sep 16, 1999	$0.15
Jun 10, 1999	$0.15
Mar 11, 1999	$0.15
Dec 11, 1998	$0.15

Split history

Date	Ratio

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$11.8M	$12.8M	$11.3M	$11.2M	$11.1M	$11.2M	$11.4M	$11.5M	$11.9M	$11.5M	$11.7M	$12.2M
YoY change	+56.4%	+8.64%	+2.45%	-1.76%	-6.45%	-12.2%	+1.31%	+2.88%	+7.63%	+2.57%	+2%	+6.31%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	17.5M	33.6M	36.4M	51.2M	36.8M	66.7M	233.2M	127.1M	99.7M	89M
Receivables	—	—	—	—	—	—	—	—	4M	5.2M
Inventory	—	—	—	—	—	—	—	—	—	—
Total current assets	236.7M	270.2M	323.7M	337.2M	370.3M	355.2M	622.6M	441.3M	502.7M	521.7M
Property, plant & equipment	300.8M	—	—	—	—	—	—	—	—	—
Goodwill & intangibles	—	—	—	—	—	—	—	—	—	—
Total assets	1.2B	1.3B	862.4M	865.9M	879.1M	788.4M	1.2B	1B	1.1B	1.1B
Accounts payable	48.9M	36.7M	26.6M	30.4M	26.7M	43.6M	58.1M	13.7M	32.1M	51.1M
Short-term debt	5.6M	—	—	—	—	—	—	—	—	—
Total current liabilities	48.9M	40.3M	31.5M	37.6M	34.3M	50M	63.3M	16.4M	35.3M	55M
Long-term debt	841.5M	1B	430.9M	464.8M	474M	366.2M	313.7M	179.1M	181.9M	210.8M
Total liabilities	961.4M	1.1B	482M	511.9M	517.6M	416.8M	377.6M	196.1M	217.7M	266.4M
Shareholders' equity	224.5M	208.3M	380.4M	354.1M	361.5M	371.6M	840.6M	847M	852.8M	866.2M
Total debt	847.1M	1B	430.9M	464.8M	474M	366.2M	313.7M	179.1M	181.9M	210.8M
Net debt	829.6M	970.3M	394.6M	413.6M	437.2M	315.5M	200.3M	142.4M	161.9M	196.8M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	181.4M	127.1M	130.8M	127.5M	131.6M	99.7M	88.6M	73.5M	82.7M	89M	88.1M	84.1M
Receivables	—	—	—	—	—	4M	4M	4.4M	4.7M	5.2M	5.2M	5.5M
Inventory	—	—	—	—	—	—	—	—	—	—	—	—
Total current assets	488.3M	441.3M	437.2M	431.5M	428.8M	502.7M	490.2M	510.7M	513.2M	521.7M	519.3M	517.4M
Property, plant & equipment	—	—	—	—	—	—	—	—	—	—	—	—
Goodwill & intangibles	—	—	—	—	—	—	—	—	—	—	—	—
Total assets	1.1B	1B	1B	1B	1.1B	1.1B	1.1B	1.1B	1.1B	1.1B	1.1B	1.1B
Accounts payable	47.5M	13.7M	11.5M	15.2M	20.1M	32.1M	24.6M	53.3M	49.2M	51.1M	45.9M	46M
Short-term debt	—	—	—	—	—	—	—	—	—	—	—	—
Total current liabilities	51.6M	16.4M	14.9M	18.1M	23.8M	35.3M	27.9M	56.6M	52.6M	55M	49.8M	50.3M
Long-term debt	178.9M	179.1M	178.3M	177.4M	180.3M	181.9M	198.2M	212.4M	223.5M	210.8M	211.9M	214.5M
Total liabilities	230.4M	196.1M	193.2M	196.1M	204.1M	217.7M	226.6M	269.6M	276.7M	266.4M	262.3M	265.4M
Shareholders' equity	850M	847M	849.1M	850.8M	852.5M	852.8M	856.9M	856.9M	857.8M	866.2M	866.5M	865M
Total debt	178.9M	179.1M	178.3M	177.4M	180.3M	181.9M	198.2M	212.4M	223.5M	210.8M	211.9M	214.5M
Net debt	131.7M	142.4M	123.6M	131.4M	140.8M	161.9M	184.4M	197M	211.6M	196.8M	202.4M	203.8M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	322K	-15.3M	183M	-26.1M	7.5M	10.1M	469M	7.3M	6.7M	14.4M
Depreciation & amortization	23.7M	25.6M	30.7M	15.6M	18.6M	15M	13.1M	14.6M	12.5M	12.6M
Stock-based compensation	—	—	—	—	—	—	—	—	—	—
Change in working capital	10M	-37.1M	-405.9M	-38.3M	-3.6M	-5.1M	45.5M	-54.3M	-19.8M	-13.3M
Operating cash flow	38.4M	-22.4M	-184.2M	-46.7M	22.4M	20M	527.6M	-32.5M	-561K	-2.9M
Capital expenditure	-60.8M	-77.4M	—	—	—	—	—	—	—	—
Investing cash flow	-64M	-41.3M	469.7M	34.9M	9.8M	101M	-58.2M	23.9M	16.4M	43.7M
Dividends paid	-900K	-900K	-900K	0	0	—	—	—	—	—
Share repurchases	—	—	—	—	—	0	0	-908K	-802K	-1.1M
Financing cash flow	61.2M	156M	51.8M	22M	-2.3M	-103.6M	-112.4M	-139M	1.7M	27.5M
Net change in cash	35.5M	92.3M	337.4M	10.3M	29.9M	17.4M	357M	-147.6M	17.5M	68.3M
Free cash flow	2.2M	-25.1M	-181.2M	-35.7M	5.6M	-11M	-45.4M	-31.1M	1.3M	-2.9M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	4.8M	-2.1M	2.8M	1.7M	1.9M	296K	4.8M	324K	884K	8.4M	324K	-1M
Depreciation & amortization	3.3M	4.1M	3.2M	3.2M	3.3M	2.9M	2.9M	3.1M	2.9M	3.7M	3.6M	3.7M
Stock-based compensation	—	—	—	—	—	—	—	—	—	—	—	—
Change in working capital	8.1M	-43.6M	-1.8M	-6.3M	8.5M	-20.2M	-11.3M	-5.4M	4.8M	-1.4M	-6.7M	-4.8M
Operating cash flow	16.2M	-41.6M	4.1M	-1.4M	13.8M	-17M	-3.6M	-2.9M	8.2M	-711K	-2.9M	-2.4M
Capital expenditure	—	—	—	—	—	—	—	—	—	—	—	—
Investing cash flow	2.8M	44.5M	17.3M	-5.3M	-8.1M	12.5M	9.8M	18.1M	-9M	24.7M	116K	6.2M
Dividends paid	—	—	—	—	—	—	—	—	—	—	—	—
Share repurchases	0	—	-587K	0	-215K	0	-679K	-346K	-12K	-45K	-2K	-423K
Financing cash flow	-2M	-852K	-1.5M	-898K	2.4M	1.6M	15.6M	13.9M	11.1M	-13M	1.1M	2.2M
Net change in cash	17.1M	2M	20M	-7.6M	8.1M	-2.9M	21.8M	29.1M	10.2M	11M	-1.8M	6M
Free cash flow	16.3M	-38.9M	3.9M	-511K	13.7M	-15.7M	-7.4M	-2.9M	8.2M	-711K	-2.9M	-2.4M

Transcontinental Realty Investors, Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Split history

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement