Postal Realty Trust, Inc.

PSTL

Real EstateSmall CapUS Equities · NYSE / NASDAQ

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Company Profile

Postal Realty Trust, Inc. is a proven leader in acquiring and managing US Postal Service properties as the largest owner of USPS facilities nationally. We believe our assets, which consist of mission-critical logistics infrastructure that supports e-commerce and last mile delivery, provide both stable and growing cash flows, underpinned by a U.S. federal government-supported tenant, a high lease retention rate, and predictable annual rent growth. Postal Realty Trust, Inc. was incorporated in Maryland, USA.

Valuation

Market Cap$795M

Current Price$23.30as of Jun 23, 2026

P/E Ratio56.15

P/B Ratio2.79

EV / EBITDA20.12

EV / Sales12.05

Profitability

Operating Margin35.1%

Net Profit Margin14.8%

EBITDA Margin59.9%

Returns

ROE5.0%

ROCE4.8%

ROIC %4.6%

ROA1.9%

Solvency

Current Ratio0.22

Debt / Equity1.27

Debt / Assets0.48

CFO / Net Profit3.15

Price History▲ 51.76% over 1Y

Technical Chart

Historical Performance Charts

5-year financial trends. Figures in USD millions.

Revenue vs Net Profit (5Y)

Free Cash Flow vs Operating Cash Flow (5Y)

Operating Margin % (5Y)

Growth Summary

Latest fiscal year: 2025

Revenue$96M▲ 25.5%

EBITDA$57M▲ 34.4%

Net Profit$14M▲ 114.5%

Cash from Ops (CFO)$45M▲ 32.8%

Free Cash Flow (FCF)$38M▲ 22.3%

Revenue CAGR 3Y21.6%

Revenue CAGR 5Y-

Net Profit CAGR 3Y54.3%

Net Profit CAGR 5Y-

Historical Growth

Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)

Year	Revenue	EBITDA	Net Profit	FCF	ROE	Rev Growth 1Y	NP Growth 1Y
2025	$96M	$57M	$14M	$38M	5.0%	25.5%	114.5%
2024	$76M	$43M	$7M	$31M	2.6%	19.9%	77.8%
2023	$64M	$34M	$4M	$26M	1.5%	19.5%	-3.8%
2022	$53M	$28M	$4M	$21M	1.7%	-	-
2021	-

Financial Statements

Income statement, balance sheet, and cash flow as reported

Consolidated Figures in USD Millions.

Metric	2021	2022	2023	2024	2025
Total Revenue	-	53.33	63.71	76.37	95.82
Operating Revenue	-	53.33	63.71	76.37	95.82
Cost Of Revenue	-	12.79	15.37	18.97	21.03
Gross Profit	-	40.54	48.34	57.40	74.79
Operating Expense	-	30.84	34.34	38.21	41.18
Selling General And Administration	-	13.11	14.65	16.01	17.19
Total Expenses	-	43.63	49.72	57.18	62.21
Operating Income	-	9.70	14	19.19	33.61
Total Operating Income As Reported	-	9.70	14	21.18	34.34
EBITDA	-	27.86	33.68	42.68	57.35
Normalized EBITDA	-	27.86	33.68	40.69	56.77
EBIT	-	10.13	13.99	20.48	33.36
Interest Income	-	0	0	0.03	0.01
Interest Expense	-	5.38	9.34	12.04	15.24
Net Interest Income	-	-5.97	-10.02	-12.76	-16.10
Other Non Operating Income Expenses	-	1.03	0.68	0.02	0.03
Other Income Expense	-	1.03	0.68	2.01	0.61
Interest Income Non Operating	-	0	0	0.03	0.01
Interest Expense Non Operating	-	5.38	9.34	12.04	15.24
Net Non Operating Interest Income Expense	-	-5.97	-10.02	-12.76	-16.10
Pretax Income	-	4.76	4.66	8.44	18.12
Tax Provision	-	0.01	0.07	0.12	0.03
Tax Rate For Calcs	-	0	0	0	0
Tax Effect Of Unusual Items	-	0	0	0.03	0
Net Income Continuous Operations	-	4.74	4.58	8.32	18.10
Net Income From Continuing And Discontinued Operation	-	3.85	3.71	6.60	14.15
Net Income From Continuing Operation Net Minority Interest	-	3.85	3.71	6.60	14.15
Net Income	-	3.85	3.71	6.60	14.15
Net Income Common Stockholders	-	2.86	2.34	4.80	11.49
Net Income Including Noncontrolling Interests	-	4.74	4.58	8.32	18.10
Normalized Income	-	3.85	3.71	4.63	13.57
Diluted NI Availto Com Stockholders	-	2.86	2.34	4.80	11.49
Basic Average Shares	-	18.55	20.15	22.57	24.35
Diluted Average Shares	-	18.55	20.15	22.57	24.35
Reconciled Depreciation	-	15.54	17.28	19.28	20.65
Reconciled Cost Of Revenue	-	14.98	17.78	21.89	24.37
Total Unusual Items	-	0	0	1.99	0.58
Total Unusual Items Excluding Goodwill	-	0	0	1.99	0.58
Minority Interests	-	-0.89	-0.87	-1.72	-3.95
Special Income Charges	-	0	0	-0.40	0.63
Other Special Charges	0.20	-	-	0.40	0.14
Write Off	-	-	0	0.40	-0.78
Impairment Of Capital Assets	-	-	-	-	-0.78
Gain On Sale Of Security	-	-	-	2.39	-0.05
Depreciation Amortization Depletion Income Statement	-	17.73	19.69	22.20	23.99
Depreciation And Amortization In Income Statement	-	17.73	19.69	22.20	23.99
General And Administrative Expense	-	13.11	14.65	16.01	17.19
Other Gand A	-	13.11	14.65	16.01	17.19
Total Other Finance Cost	-	0.60	0.69	0.75	0.87
Otherunder Preferred Stock Dividend	-	1	1.37	1.79	2.66

Peer Comparison

Real Estate sector peers, ranked by market cap

Company	Ticker	Market Cap	P/E	P/B	ROE	EV/EBITDA
Postal Realty Trust, Inc.this co.	PSTL	$795M	56.15↑ premium	2.79	5.0%	20.12
JBG SMITH Properties	JBGS	$901M	-6.48	0.78	-12.0%	22.01
PennyMac Mortgage Investment Trust	PMT	$889M	10.34	0.47	4.6%	-
Adamas Trust, Inc.	ADAM	$818M	5.49	0.92	16.8%	-
Peakstone Realty Trust	PKST

Learn while you research

Hand-picked academy chapters to deepen your understanding of Postal Realty Trust, Inc. and the metrics that matter.

01 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read 02 Valuation Multiples Explained

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Year

Revenue

EBITDA

Net Profit

FCF

ROE

Rev Growth 1Y

NP Growth 1Y

2025

$96M

$57M

$14M

$38M

5.0%

25.5%

114.5%

2024

$76M

$43M

$7M

$31M

2.6%

19.9%

77.8%

2023

$64M

$34M

$4M

$26M

1.5%

19.5%

-3.8%

2022

$53M

$28M

$4M

$21M

1.7%

2021

Metric

2021

2022

2023

2024

2025

Total Revenue

53.33

63.71

76.37

95.82

Operating Revenue

53.33

63.71

76.37

95.82

Cost Of Revenue

12.79

15.37

18.97

21.03

Gross Profit

40.54

48.34

57.40

74.79

Operating Expense

30.84

34.34

38.21

41.18

Selling General And Administration

13.11

14.65

16.01

17.19

Total Expenses

43.63

49.72

57.18

62.21

Operating Income

9.70

19.19

33.61

Total Operating Income As Reported

9.70

21.18

34.34

EBITDA

27.86

33.68

42.68

57.35

Normalized EBITDA

27.86

33.68

40.69

56.77

EBIT

10.13

13.99

20.48

33.36

Interest Income

0.03

0.01

Interest Expense

5.38

9.34

12.04

15.24

Net Interest Income

-5.97

-10.02

-12.76

-16.10

Other Non Operating Income Expenses

1.03

0.68

0.02

0.03

Other Income Expense

1.03

0.68

2.01

0.61

Interest Income Non Operating

0.03

0.01

Interest Expense Non Operating

5.38

9.34

12.04

15.24

Net Non Operating Interest Income Expense

-5.97

-10.02

-12.76

-16.10

Pretax Income

4.76

4.66

8.44

18.12

Tax Provision

0.01

0.07

0.12

0.03

Tax Rate For Calcs

Tax Effect Of Unusual Items

0.03

Net Income Continuous Operations

4.74

4.58

8.32

18.10

Net Income From Continuing And Discontinued Operation

3.85

3.71

6.60

14.15

Net Income From Continuing Operation Net Minority Interest

3.85

3.71

6.60

14.15

Net Income

3.85

3.71

6.60

14.15

Net Income Common Stockholders

2.86

2.34

4.80

11.49

Net Income Including Noncontrolling Interests

4.74

4.58

8.32

18.10

Normalized Income

3.85

3.71

4.63

13.57

Diluted NI Availto Com Stockholders

2.86

2.34

4.80

11.49

Basic Average Shares

18.55

20.15

22.57

24.35

Diluted Average Shares

18.55

20.15

22.57

24.35

Reconciled Depreciation

15.54

17.28

19.28

20.65

Reconciled Cost Of Revenue

14.98

17.78

21.89

24.37

Total Unusual Items

1.99

0.58

Total Unusual Items Excluding Goodwill

1.99

0.58

Minority Interests

-0.89

-0.87

-1.72

-3.95

Special Income Charges

-0.40

0.63

Other Special Charges

0.20

0.40

0.14

Write Off

0.40

-0.78

Impairment Of Capital Assets

-0.78

Gain On Sale Of Security

2.39

-0.05

Depreciation Amortization Depletion Income Statement

17.73

19.69

22.20

23.99

Depreciation And Amortization In Income Statement

17.73

19.69

22.20

23.99

General And Administrative Expense

13.11

14.65

16.01

17.19

Other Gand A

13.11

14.65

16.01

17.19

Total Other Finance Cost

0.60

0.69

0.75

0.87

Otherunder Preferred Stock Dividend

1.37

1.79

2.66

Company

Ticker

Market Cap

P/E

P/B

ROE

EV/EBITDA

Postal Realty Trust, Inc.this co.

PSTL

$795M

56.15↑ premium

2.79

5.0%

20.12

JBG SMITH Properties

JBGS

$901M

-6.48

0.78

-12.0%

22.01

PennyMac Mortgage Investment Trust

PMT

$889M

10.34

0.47

4.6%

Adamas Trust, Inc.

ADAM

$818M

5.49

0.92

16.8%

Peakstone Realty Trust

PKST

Postal Realty Trust, Inc.

Valuation

Profitability

Returns

Solvency

Historical Performance Charts

Revenue vs Net Profit (5Y)

Free Cash Flow vs Operating Cash Flow (5Y)

Operating Margin % (5Y)

Growth Summary

Historical Growth

Financial Statements

Peer Comparison

Postal Realty Trust, Inc.

Valuation

Profitability

Returns

Solvency

Historical Performance Charts

Revenue vs Net Profit (5Y)

Free Cash Flow vs Operating Cash Flow (5Y)

Operating Margin % (5Y)

Growth Summary

Historical Growth

Financial Statements

Peer Comparison

Key concepts to brush up on