Belpointe PREP (OZ) Construction in Progress (2020 - 2026)
Belpointe PREP (OZ) recorded Construction in Progress of $57.92 million in Q1 2026, down 72.6% from $211.62 million a year earlier but up 0.1% from the prior quarter.
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Analysis
Belpointe PREP (OZ) Construction in Progress (2020 - 2026) Analysis & Trends
At the end of FY2025, Belpointe PREP reported Construction in Progress of $57.84 million, down 69.8% from FY2024.
- Annual Construction in Progress has a five-year compound annual growth rate of 30.8% (FY2020 to FY2025).
- Across earlier years, Construction in Progress came in at $191.31 million in FY2024 (-34.3%), $291.13 million in FY2023 (+117.4%), $133.9 million in FY2022 (+74.2%) and $76.88 million in FY2021 (+409.1%).
- Quarterly Construction in Progress has ranged from $41.71 million in Q3 2021 to $337.74 million in Q1 2024 over the past five years.
- On a year-over-year basis, Construction in Progress has declined for seven consecutive quarters, with an average decline of 36.7% over the last eight quarters.
- Peak year-over-year performance for Construction in Progress in the last five years was growth of 409.1% in Q4 2021, against a decline of 72.6% in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $57.84 million (Q4 2025), $57.9 million (Q3 2025) and $229.55 million (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 22.67 Bn | 21.49 Bn | - | - |
| 2 | Eason Technology | 6.61 Bn | 6.61 Bn | - | - |
| 3 | LandBridge | 6.19 Bn | 6.54 Bn | 65.71 Mn | - |
| 4 | Millrose Properties | 4.09 Bn | 4.09 Bn | - | - |
| 5 | St Joe | 3.77 Bn | 3.27 Bn | 73.42 Mn | - |
| 6 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.87 Bn | 2.87 Bn | - | - |
| 7 | Opendoor Technologies | 2.30 Bn | -1.52 Bn | 86.00 Mn | - |
| 8 | Forestar | 1.33 Bn | -18.53 Mn | 84.10 Mn | - |
| 9 | Five Point Holdings | 699.67 Mn | 728.44 Mn | -23.72 Mn | - |
| 10 | Belpointe PREP | 163.39 Mn | 163.39 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 57.92 Mn |
| Dec 31, 2025 | 57.84 Mn |
| Sep 30, 2025 | 57.90 Mn |
| Jun 30, 2025 | 229.55 Mn |
| Mar 31, 2025 | 211.62 Mn |
| Dec 31, 2024 | 191.31 Mn |
| Sep 30, 2024 | 172.33 Mn |
| Jun 30, 2024 | 262.66 Mn |
| Mar 31, 2024 | 337.74 Mn |
| Dec 31, 2023 | 291.13 Mn |
| Sep 30, 2023 | 250.43 Mn |
| Jun 30, 2023 | 200.69 Mn |
| Mar 31, 2023 | 157.19 Mn |
| Dec 31, 2022 | 133.90 Mn |
| Sep 30, 2022 | 111.40 Mn |
| Jun 30, 2022 | 98.71 Mn |
| Mar 31, 2022 | 85.45 Mn |
| Dec 31, 2021 | 76.88 Mn |
| Sep 30, 2021 | 41.71 Mn |
| Dec 31, 2020 | 15.10 Mn |
API Access
Belpointe PREP Construction in Progress API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=construction-in-progress&ticker=OZ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "construction-in-progress", "ticker": "OZ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=construction-in-progress&ticker=OZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();