Lodestar

OZ

Belpointe PREP, LLC
NYSEReal EstateLatest fiscal year ended Dec 31, 2025

Belpointe PREP, LLC reported revenue of $9.19M in its most recent fiscal year, up 243.4% on the year before. It kept -435.9% of that as net income. Figures below are compared against other companies classified under Real Estate.

Grades vs. industry

Growth
A+93/100
Ranked against 21 peers using 3 metrics.

Growth

MetricCompanyIndustry medianRank
Revenue growth (YoY)
Latest fiscal year revenue vs. the year before.
243.4%9.0%3 / 27
Revenue growth (3y)
Annualized revenue growth over three fiscal years.
87.6%6.1%3 / 26
Revenue growth (5y)
Annualized revenue growth over five fiscal years.
146.5%8.5%1 / 21
EPS growth (YoY)
Diluted EPS vs. the prior fiscal year.
Not reported-15.1%—
EPS growth (3y)
Annualized diluted EPS growth over three fiscal years.
Not reported-2.9%—
EPS growth (5y)
Annualized diluted EPS growth over five fiscal years.
Not reported10.6%—
Free cash flow growth (YoY)
Operating cash flow less capital expenditure, vs. prior year.
Not reported-2.8%—
Free cash flow growth (3y)
Annualized free cash flow growth over three fiscal years.
Not reported——

top third of peersmiddle thirdbottom third. Rank 1 is always best — for debt and payout ratios that means the lowest figure, not the highest.

“Not reported” means the company did not tag this figure in its filing, not that the value is zero. Rankings are hidden where fewer than 5 classified peers reported the metric, and compare against a broad industry code rather than close competitors.

Profitability

MetricCompanyIndustry medianRank
Gross margin
Gross profit as a share of revenue. Often unreported.
Not reported25.7%—
Operating margin
Operating income as a share of revenue.
Not reported5.3%—
Net margin
Net income as a share of revenue.
-435.9%2.9%27 / 27
Free cash flow margin
Free cash flow as a share of revenue.
Not reported0.2%—
Return on equity
Net income divided by shareholder equity.
Not reported3.8%—
Return on assets
Net income divided by total assets.
-7.1%0.9%21 / 30
Return on invested capital
After-tax operating profit over debt plus equity less cash.
Not reported3.3%—

top third of peersmiddle thirdbottom third. Rank 1 is always best — for debt and payout ratios that means the lowest figure, not the highest.

“Not reported” means the company did not tag this figure in its filing, not that the value is zero. Rankings are hidden where fewer than 5 classified peers reported the metric, and compare against a broad industry code rather than close competitors.

Annual financials

Fiscal year202520242023202220212020
Revenue$9.19M$2.67M$2.25M$1.39M$997.0K$101.0K
Net income-$40.05M-$23.86M-$14.35M-$7.68M-$3.13M-$112.0K
EPS (diluted)-$10.72-$6.56-$4.04-$2.25n/cn/c
Operating cash flow-$25.21M-$13.69M-$6.95M-$6.65M-$2.27M-$12.0K
Total assets$564.20M$517.59M$382.12M$354.00M$341.43M$37.28M
Shareholder equity—————-$102.0K
Total debt$260.64M$177.02M$23.68M—$10.79M$35.00M
Cash$24.34M$24.74M$20.13M$143.47M$192.13M$6.58M

A dash means the figure was not tagged in that year’s filing. It does not mean zero. Figures reflect the most recent filing covering each period, so restated years show their restated values.

n/c marks per-share figures that are not comparable. Companies report each year as their filings stated it, and an annual report restates only its two prior years — so after a stock split, older years remain on the pre-split share count. Totals above are unaffected.

Source

Figures come from Belpointe PREP, LLC’s filings with the SEC, as submitted in XBRL. The most recent annual figures are from a 10-K filed Mar 20, 2026. View filings on EDGAR.

Not financial advice. This page presents figures reported to the SEC and compares them with other companies sharing an industry classification. It is not a recommendation to buy or sell anything, and the grades cannot capture everything that matters about a business. Industry classifications are coarse, filings are self-reported, and some figures are missing or understated where companies tag them in ways this site does not match. Do your own research.