ARL (American Realty Investors) 3-Year ROIIC % : 4.22% (As of Dec. 2025) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ARL American Realty Investors Inc ARL
61 GF Score
Price $16.08
GF Value $16.41
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is American Realty Investors 3-Year ROIIC %?

American Realty Investors ARL +2.10% 61 3-Year ROIIC % is 4.22 as of Dec. 2025, which is 0% above its 10-year median of 4.20. GuruFocus rates ARL with a GF Score™ of 61/100 and a GF Value™ of $16.41 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,658 Real Estate companies, American Realty Investors ranks better than 57.9% on this metric.

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. American Realty Investors's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 4.22%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for American Realty Investors's 3-Year ROIIC % or its related term are showing as below:

ARL's 3-Year ROIIC % is ranked better than
57.9% of 1658 companies
in the Real Estate industry
Industry Median: 2.255 vs ARL: 4.22

American Realty Investors  (NYSE:ARL) 3-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


American Realty Investors 3-Year ROIIC % Related Terms


American Realty Investors 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for American Realty Investors's 3-Year ROIIC % 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.

American Realty Investors 3-Year ROIIC % Chart

American Realty Investors Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.35 -4.48 -9.90 6.28 4.22

American Realty Investors Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
3-Year ROIIC % 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 0.00 0.00 4.22 0.00 0.00

ARL vs RMAX, NTPIF, CHCI: 3-Year ROIIC % Comparison

For the Real Estate Services subindustry, American Realty Investors's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


American Realty Investors 3-Year ROIIC % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, American Realty Investors's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where American Realty Investors's 3-Year ROIIC % falls into.


ARL
61GF Score
American Realty Investors Inc ARL
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

American Realty Investors 3-Year ROIIC % Calculation

American Realty Investors's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -5.6202318 (Dec. 2025) - -7.6814163 (Dec. 2022) )/( 954.741 (Dec. 2025) - 905.949 (Dec. 2022) )
=2.0611845/48.792
=4.22%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of 4.22 mean?
American Realty Investors (ARL) has a 3-Year ROIIC % of 4.22 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on American Realty Investors and its competitors. This is near median its historical median of 4.20. According to the industry distribution chart, American Realty Investors ranks #698 out of 1658 companies in the Real Estate industry, placing it in the top 42.1%.
Is American Realty Investors' 3-Year ROIIC % too high?
American Realty Investors' current 3-Year ROIIC % of 4.22 is near median its 10-year median of 4.20. The Real Estate industry median 3-Year ROIIC % is 2.26. American Realty Investors' value of 4.22 is 87.1% above this industry median. Based on the distribution chart, American Realty Investors ranks #698 out of 1658 companies in the Real Estate industry, which is above the industry midpoint. Overall, American Realty Investors has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does American Realty Investors' 3-Year ROIIC % compare to RMAX and NTPIF?
According to the Real Estate industry distribution chart, American Realty Investors ranks #698 out of 1658 companies for 3-Year ROIIC %. This puts American Realty Investors in the upper half of its industry. The industry median 3-Year ROIIC % is 2.26. American Realty Investors' value of 4.22 is 87.1% above this benchmark. While the company's 10-year median is 4.20 vs. the industry median of 2.26, American Realty Investors has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a Real Estate company?
The median 3-Year ROIIC % among Real Estate companies is 2.26, based on 1,658 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. American Realty Investors's current 3-Year ROIIC % of 4.22 is 87.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on American Realty Investors and its competitors. For the Real Estate industry, the median 3-Year ROIIC % is 2.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. American Realty Investors's current 3-Year ROIIC % is 4.22, which is near median its own 10-year median of 4.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Realty Investors stock overvalued right now?
Based on GuruFocus' analysis, American Realty Investors (ARL) is currently considered Fairly Valued. The stock's GF Value™ is $16.41, compared to a current price of $16.08 — trading 2% below its estimated fair value. The current 3-Year ROIIC % is 4.22, which is near median its 10-year median of 4.20 and 87.1% above the Real Estate industry median of 2.26. American Realty Investors' overall GF Score™ is 61/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For American Realty Investors (ARL), the current 3-Year ROIIC % is 4.22 as of Dec. 2025. 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 American Realty Investors (ARL) Overvalued in 2026?

Based on GuruFocus' analysis, American Realty Investors stock appears to be undervalued. The current stock price of $16.08 is trading 2% below its estimated GF Value™ of $16.41. GuruFocus considers American Realty Investors to be Fairly Valued.

Key valuation signals for ARL:

  • 3-Year ROIIC %: 4.22 (near median its 10-year median of 4.20)
  • GF Value™: $16.41 vs. price of $16.08 (2% below fair value)
  • GF Score™: 61/100 with 6 warning signs
  • Industry Position: 87.1% above the Real Estate median (#698 of 1658)

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


American Realty Investors Business Description

Address 1603 Lyndon B Johnson Freeway, Suite 800, Dallas, TX, USA, 75234
American Realty Investors Inc is a fully integrated externally managed real estate company. The company operates high-quality multifamily and commercial properties throughout the Southern United States and also invests in mortgage notes receivable and in land that is either held for appreciation or development. It operates in two reportable segments: the acquisition, development, ownership and management of multifamily properties (Residential Segment) and the acquisition, ownership and management of commercial real estate properties (Commercial Segment). Maximum revenue is generated from its Residential segment, which includes the rental of apartments and other tenants.
61GF Score

Get the complete analysis for ARL

3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$16.08
Price
$16.41
GF Value