One Liberty Properties, Inc.

One Liberty Properties, Inc. reported solid financial results for fiscal year 2025, with total revenues increasing 7.4% year-over-year to $97.2 million, primarily driven by a 7.6% increase in rental income, net to $97.2 million. The company achieved operating income of $47.9 million and net income attributable to One Liberty Properties, Inc. of $25.5 million. Key drivers included $18.7 million in gains from real estate sales and $1.3 million from litigation settlement income, partially offset by a $3.3 million increase in interest expense. The company maintained a strong balance sheet with total assets of $857.6 million and total equity of $299.8 million, while generating $37.5 million in operating cash flow. Looking forward, the company continues its strategic shift toward industrial properties, which represented 80.9% of 2026 base rent as of December 31, 2025, and completed significant acquisitions including a $56.7 million portfolio purchase in January 2026.

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