NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP

NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIPNENEarnings & Financial Report

NYSE · Real Estate · Operators of Apartment Buildings

New England Realty Associates Limited Partnership is a real estate investment entity that owns, operates and manages residential and commercial properties primarily across the U.S. New England region. Its core assets include multifamily apartments, mixed-use properties and small commercial spaces, serving tenants across Massachusetts, New Hampshire and adjacent states, delivering steady returns to unitholders via rental income and property value growth.

Revenue

$21.2M

Gross Profit

N/A

Operating Profit

$7.1M

Net Profit

$4.1M

Gross Margin

N/A

Operating Margin

33.3%

Net Margin

19.5%

YoY Growth

5.9%

NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP Q2 FY2025 Financial Summary

NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP reported revenue of $21.2M (up 5.9% YoY) for Q2 FY2025, with a net profit of $4.1M (up 1.9% YoY) (19.5% margin).

Key Financial Metrics

Total Revenue$21.2M
Net Profit$4.1M
Gross MarginN/A
Operating Margin33.3%
Report PeriodQ2 FY2025

NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP Annual Revenue by Year

NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP annual revenue history includes year-by-year totals (for example, 2025 revenue was $89.2M).

YearAnnual Revenue
2025$89.2M
2024$80.5M
2023$589.0K
2022$733.1K

NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP Quarterly Revenue & Net Profit History

NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q4 FY2025$23.6M+15.7%$-1.4M-677.3%
Q3 FY2025$23.7M+17.2%$-521.8K-2.2%
Q2 FY2025$21.2M+5.9%$4.1M19.5%
Q1 FY2025$20.7M+4.0%$3.8M18.3%
Q4 FY2024$20.4M+3.3%$4.2M20.7%
Q3 FY2024$20.2M+6.6%$3.9M19.3%
Q2 FY2024$20.1M+10.8%$4.1M20.3%
Q1 FY2024$19.9M+12.4%$3.5M17.4%

Income Statement

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Revenue$19.9M$20.1M$20.2M$20.4M$20.7M$21.2M$23.7M$23.6M
YoY Growth12.4%10.8%6.6%3.3%4.0%5.9%17.2%15.7%

Balance Sheet

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Assets$381.2M$383.7M$387.4M$393.5M$385.2M$494.8M$492.9M$505.3M
Liabilities$450.2M$450.7M$452.8M$455.9M$456.6M$563.7M$563.9M$579.5M
EquityN/AN/AN/AN/AN/AN/AN/AN/A

Cash Flow

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Operating CF$6.1M$5.4M$8.5M$31.9M$5.5M$12.5M$2.3M$27.7M