PINE (Alpineome Property Trust) Operating Income: $22.37 Mil (TTM As of Mar. 2026)

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PINE Alpine Income Property Trust Inc PINE
76 GF Score
Price $21.05
GF Value $21.51
Valuation Fairly Valued
! 10 Warning Signs
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What is Alpineome Property Trust Operating Income?

Alpineome Property Trust PINE -3.22% 76 Operating Income is $22.37 Mil as of Mar. 2026. GuruFocus rates PINE with a GF Score™ of 76/100 and a GF Value™ of $21.51 (Fairly Valued). The stock has 10 warning signs investors should review.

Alpineome Property Trust's Operating Income for the three months ended in Mar. 2026 was $7.03 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $22.37 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Alpineome Property Trust's Operating Income for the three months ended in Mar. 2026 was $7.03 Mil. Alpineome Property Trust's Revenue for the three months ended in Mar. 2026 was $18.41 Mil. Therefore, Alpineome Property Trust's Operating Margin % for the quarter that ended in Mar. 2026 was 38.19%.

Good Sign:

Alpine Income Property Trust Inc operating margin is expanding. Margin expansion is usually a good sign.

Alpineome Property Trust's 5-Year average Growth Rate for Operating Margin % was 15.40% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Alpineome Property Trust's annualized ROC % for the quarter that ended in Mar. 2026 was 3.89%. Alpineome Property Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 132.06%.


Alpineome Property Trust  (NYSE:PINE) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Alpineome Property Trust's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=28.12 * ( 1 - 0% )/( (707.51 + 738.624)/ 2 )
=28.12/723.067
=3.89 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Alpineome Property Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=25.78/( ( (3.025 + max(25.82, 0)) + (2.979 + max(7.218, 0)) )/ 2 )
=25.78/( ( 28.845 + 10.197 )/ 2 )
=25.78/19.521
=132.06 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.889 + 0 + 42.737) - (3.775 + 14.031 + 0)
=25.82

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.447 + 0 + 25.708) - (3.884 + 16.053 + 0)
=7.218

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Alpineome Property Trust's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=7.03/18.406
=38.19 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Alpineome Property Trust Operating Income Related Terms


Alpineome Property Trust Operating Income Historical Data

* Premium members only.

The historical data trend for Alpineome Property Trust's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Alpineome Property Trust Operating Income Chart

Alpineome Property Trust Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial Premium Member Only 5.49 10.41 7.01 12.27 18.48

Alpineome Property Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.15 4.36 4.38 6.60 7.03
PINE
76GF Score
Alpine Income Property Trust Inc PINE
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Alpineome Property Trust Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $22.37 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of $22.37 Mil mean?
Alpineome Property Trust (PINE) has a Operating Income of $22.37 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Alpineome Property Trust and its competitors.
Is Alpineome Property Trust's Operating Income too high?
Alpineome Property Trust's current Operating Income is $22.37 Mil. Overall, Alpineome Property Trust has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Alpineome Property Trust's Operating Income compare to SITC and WHLR?
Alpineome Property Trust's Operating Income of $22.37 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a REITs company?
A good Operating Income depends on the REITs industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Alpineome Property Trust and its competitors. Alpineome Property Trust's current Operating Income is $22.37 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpineome Property Trust stock overvalued right now?
Based on GuruFocus' analysis, Alpineome Property Trust (PINE) is currently considered Fairly Valued. The stock's GF Value™ is $21.51, compared to a current price of $21.05 — trading 2.1% below its estimated fair value. The current Operating Income is $22.37 Mil. Alpineome Property Trust's overall GF Score™ is 76/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Alpineome Property Trust (PINE), the current Operating Income is $22.37 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Alpineome Property Trust (PINE) Overvalued in 2026?

Based on GuruFocus' analysis, Alpineome Property Trust stock appears to be undervalued. The current stock price of $21.05 is trading 2.1% below its estimated GF Value™ of $21.51. GuruFocus considers Alpineome Property Trust to be Fairly Valued.

Key valuation signals for PINE:

  • Operating Income: $22.37 Mil
  • GF Value™: $21.51 vs. price of $21.05 (2.1% below fair value)
  • GF Score™: 76/100 with 10 warning signs

No single metric tells the full story. See the PINE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alpineome Property Trust Business Description

Industry Real EstateREITs
Other Exchanges H3Y:Germany
Address 369 N. New York Avenue, Suite 201, Winter Park, FL, USA, 32789
Alpine Income Property Trust Inc is a real estate investment trust (REIT) that owns and operates a high-quality portfolio of commercial net lease properties in the United States. The company's portfolio predominantly comprises single-tenant retail properties located in or near metropolitan statistical areas, or MSAs. It operates in two business segments: income properties, which derive maximum revenue, and commercial loans and investments.
76GF Score

Get the complete analysis for PINE

Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$21.05
Price
$21.51
GF Value