vs
Side-by-side financial comparison of NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP (NEN) and Silvercrest Asset Management Group Inc. (SAMG). Click either name above to swap in a different company.
Silvercrest Asset Management Group Inc. is the larger business by last-quarter revenue ($32.0M vs $23.6M, roughly 1.4× NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP). Silvercrest Asset Management Group Inc. runs the higher net margin — -0.4% vs -677.3%, a 677.0% gap on every dollar of revenue. On growth, NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP posted the faster year-over-year revenue change (15.7% vs -0.0%). Over the past eight quarters, NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP's revenue compounded faster (8.9% CAGR vs 2.7%).
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.
NEN vs SAMG — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $23.6M | $32.0M |
| Net Profit | $-1.4M | $-120.0K |
| Gross Margin | — | — |
| Operating Margin | 14.0% | -2.8% |
| Net Margin | -677.3% | -0.4% |
| Revenue YoY | 15.7% | -0.0% |
| Net Profit YoY | -133.0% | -107.4% |
| EPS (diluted) | — | $0.02 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $23.6M | $32.0M | ||
| Q3 25 | $23.7M | $31.3M | ||
| Q2 25 | $21.2M | $30.7M | ||
| Q1 25 | $20.7M | $31.4M | ||
| Q4 24 | $20.4M | $32.0M | ||
| Q3 24 | $20.2M | $30.4M | ||
| Q2 24 | $20.1M | $31.0M | ||
| Q1 24 | $19.9M | $30.3M |
| Q4 25 | $-1.4M | $-120.0K | ||
| Q3 25 | $-521.8K | $618.0K | ||
| Q2 25 | $4.1M | $1.9M | ||
| Q1 25 | $3.8M | $2.5M | ||
| Q4 24 | $4.2M | $1.6M | ||
| Q3 24 | $3.9M | $2.3M | ||
| Q2 24 | $4.1M | $2.7M | ||
| Q1 24 | $3.5M | $3.0M |
| Q4 25 | 14.0% | -2.8% | ||
| Q3 25 | 20.0% | 4.3% | ||
| Q2 25 | 33.3% | 13.2% | ||
| Q1 25 | 30.1% | 15.4% | ||
| Q4 24 | 32.4% | 6.1% | ||
| Q3 24 | 32.0% | 14.6% | ||
| Q2 24 | 32.6% | 17.1% | ||
| Q1 24 | 28.9% | 19.5% |
| Q4 25 | -677.3% | -0.4% | ||
| Q3 25 | -2.2% | 2.0% | ||
| Q2 25 | 19.5% | 6.3% | ||
| Q1 25 | 18.3% | 7.9% | ||
| Q4 24 | 20.7% | 5.1% | ||
| Q3 24 | 19.3% | 7.4% | ||
| Q2 24 | 20.3% | 8.6% | ||
| Q1 24 | 17.4% | 9.9% |
| Q4 25 | — | $0.02 | ||
| Q3 25 | — | $0.07 | ||
| Q2 25 | — | $0.21 | ||
| Q1 25 | — | $0.26 | ||
| Q4 24 | — | $0.16 | ||
| Q3 24 | — | $0.24 | ||
| Q2 24 | — | $0.28 | ||
| Q1 24 | — | $0.32 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $26.7M | $44.1M |
| Total DebtLower is stronger | $531.0M | — |
| Stockholders' EquityBook value | — | $50.3M |
| Total Assets | $505.3M | $166.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $26.7M | $44.1M | ||
| Q3 25 | $13.4M | $36.1M | ||
| Q2 25 | $16.7M | $30.0M | ||
| Q1 25 | $30.9M | $36.3M | ||
| Q4 24 | $17.6M | $68.6M | ||
| Q3 24 | $15.1M | $58.1M | ||
| Q2 24 | $13.5M | $49.9M | ||
| Q1 24 | $28.8M | $39.7M |
| Q4 25 | $531.0M | — | ||
| Q3 25 | $514.2M | — | ||
| Q2 25 | $514.3M | — | ||
| Q1 25 | $407.8M | — | ||
| Q4 24 | $408.6M | — | ||
| Q3 24 | $409.3M | — | ||
| Q2 24 | $410.0M | — | ||
| Q1 24 | $410.7M | — |
| Q4 25 | — | $50.3M | ||
| Q3 25 | — | $58.9M | ||
| Q2 25 | — | $64.6M | ||
| Q1 25 | — | $80.0M | ||
| Q4 24 | — | $80.7M | ||
| Q3 24 | — | $84.6M | ||
| Q2 24 | — | $85.3M | ||
| Q1 24 | — | $83.9M |
| Q4 25 | $505.3M | $166.6M | ||
| Q3 25 | $492.9M | $157.6M | ||
| Q2 25 | $494.8M | $152.7M | ||
| Q1 25 | $385.2M | $159.9M | ||
| Q4 24 | $393.5M | $194.4M | ||
| Q3 24 | $387.4M | $184.2M | ||
| Q2 24 | $383.7M | $177.6M | ||
| Q1 24 | $381.2M | $170.2M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $27.7M | $18.6M |
| Free Cash FlowOCF − Capex | — | $15.0M |
| FCF MarginFCF / Revenue | — | 46.9% |
| Capex IntensityCapex / Revenue | — | 11.4% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $17.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $27.7M | $18.6M | ||
| Q3 25 | $2.3M | $14.6M | ||
| Q2 25 | $12.5M | $13.8M | ||
| Q1 25 | $5.5M | $-24.7M | ||
| Q4 24 | $31.9M | $21.6M | ||
| Q3 24 | $8.5M | $13.3M | ||
| Q2 24 | $5.4M | $16.0M | ||
| Q1 24 | $6.1M | $-24.1M |
| Q4 25 | — | $15.0M | ||
| Q3 25 | — | $13.8M | ||
| Q2 25 | — | $13.4M | ||
| Q1 25 | — | $-25.1M | ||
| Q4 24 | — | $19.9M | ||
| Q3 24 | — | $12.9M | ||
| Q2 24 | — | $15.6M | ||
| Q1 24 | — | $-24.7M |
| Q4 25 | — | 46.9% | ||
| Q3 25 | — | 44.1% | ||
| Q2 25 | — | 43.6% | ||
| Q1 25 | — | -80.0% | ||
| Q4 24 | — | 62.2% | ||
| Q3 24 | — | 42.4% | ||
| Q2 24 | — | 50.4% | ||
| Q1 24 | — | -81.6% |
| Q4 25 | — | 11.4% | ||
| Q3 25 | — | 2.6% | ||
| Q2 25 | — | 1.5% | ||
| Q1 25 | — | 1.3% | ||
| Q4 24 | — | 5.3% | ||
| Q3 24 | — | 1.2% | ||
| Q2 24 | — | 1.1% | ||
| Q1 24 | — | 2.0% |
| Q4 25 | — | — | ||
| Q3 25 | — | 23.62× | ||
| Q2 25 | 3.02× | 7.22× | ||
| Q1 25 | 1.44× | -10.01× | ||
| Q4 24 | 7.57× | 13.34× | ||
| Q3 24 | 2.17× | 5.90× | ||
| Q2 24 | 1.32× | 6.00× | ||
| Q1 24 | 1.77× | -8.03× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NEN
Segment breakdown not available.
SAMG
| Investment Advisory Management And Administrative Service | $30.7M | 96% |
| Tax And Family Office Services | $1.2M | 4% |
