AMREP CORP.
AMREP Corporation, trading under the ticker symbol AXR on the New York Stock Exchange, operates as a real estate development and homebuilding company primarily focused on the Rio Rancho, New Mexico market and surrounding areas in Sandoval County. The company maintains its website at www.amrepcorp.com. From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What AMREP CORP. does
In the company’s own words
AMREP Corporation, trading under the ticker symbol AXR on the New York Stock Exchange, operates as a real estate development and homebuilding company primarily focused on the Rio Rancho, New Mexico market and surrounding areas in Sandoval County. The company maintains its website at www.amrepcorp.com.
Organized in 1961 as an Oklahoma corporation, AMREP operates through two primary business segments: land development and homebuilding. The land development segment engages in acquiring, planning, and developing residential lots alongside commercial and industrial sites. The company offers both developed and undeveloped real property to internal homebuilders, national and regional builders, and commercial developers. Land development activities include site planning, securing governmental and environmental approvals, installing utilities and infrastructure, and constructing community amenities. The homebuilding segment focuses on building and selling single-family detached and attached homes, offering various floor plans and price points to meet diverse homebuyer needs.
As of April 30, 2026, AMREP owned approximately 16,200 acres in Sandoval County, New Mexico, with an additional 55,000 surface acres where the company holds mineral rights. The company employs 52 full-time employees and maintains office facilities in both Havertown, Pennsylvania and Rio Rancho, New Mexico. Rio Rancho, the third largest city in New Mexico with approximately 114,000 residents, serves as the primary operational hub.
During fiscal year 2026, the company generated total revenues of approximately $52.8 million, with home sale revenues representing the largest component at $28.7 million, followed by land sale revenues of $20.6 million and other revenues of $3.6 million. The homebuilding segment sold 65 homes with an average selling price of $441,000, while the land development segment sold 587.5 acres of property. As of April 30, 2026, the company had 75 homes in production, including 24 homes under contract.
The company has no foreign operations and conducts all business within the United States. AMREP competes with numerous national, regional, and local homebuilders and land developers on the basis of location, price, quality, reputation, design, and community amenities. The company's business model emphasizes opportunistic land acquisition, strategic development timing, and integrated operations between its land development and homebuilding segments to maximize returns on its substantial real estate holdings.
Company details
- Sector
- Real Estate
- Industry
- Real Estate
- Headquarters
- HAVERTOWN, PA
- Fiscal year end
- April
- CIK
- 6207
- SIC
- 6552
Financial performance, year by year
Fiscal 2014–2026 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns AMREP CORP. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · AMREP CORP.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Could not be determined for this company: bond issues.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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