Belpointe PREP (OZ) Operating Leases (2021 - 2025)
Belpointe PREP's (OZ) quarterly Operating Leases came in at $1.1 million in Q3 2025, down 7.95% year-over-year from $1.2 million in Q3 2024, and down 1.63% quarter-over-quarter from $1.2 million in Q2 2025.
Analysis
Belpointe PREP (OZ) Operating Leases (2021 - 2025) Analysis & Trends
Belpointe PREP has disclosed Operating Leases across 5 years of filings, most recently posting $1.1 million for Q3 2025.
- In Q3 2025, Operating Leases fell 7.95% year-over-year to $1.1 million; the TTM figure through Sep 2025 stood at $1.1 million (down 7.95% YoY), while the FY2024 annual figure was $1.2 million, down 7.48% from the prior year.
- Operating Leases came in at $1.1 million for Q3 2025 at Belpointe PREP, down from $1.2 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $7.1 million in Q4 2022 to a low of $1.1 million in Q3 2025.
- Average Operating Leases over 5 years is $2.6 million, with a median of $1.3 million recorded in 2024.
- Year-over-year, Operating Leases jumped 256.3% in 2022 and plunged 81.59% in 2024.
- Over 5 years, Operating Leases stood at $2.0 million in 2021, then jumped by 256.3% to $7.1 million in 2022, then slumped by 81.42% to $1.3 million in 2023, then retreated by 7.48% to $1.2 million in 2024, then declined by 6.45% to $1.1 million in 2025.
- Per Business Quant data, the three most recent Operating Leases figures were $1.1 million in Q3 2025, $1.2 million in Q2 2025, and $1.2 million in Q1 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Texas Pacific Land | 25.00 Bn | 24.76 Bn | - |
| 2 | Eason Technology | 6.75 Bn | 6.75 Bn | - |
| 3 | LandBridge | 6.64 Bn | 7.07 Bn | 65.51 Mn |
| 4 | Vesta Real Estate Corporation, S.A.B. de C.V | 3.07 Bn | 6.22 Bn | - |
| 5 | Opendoor Technologies | 3.05 Bn | 2.16 Bn | 86.00 Mn |
| 6 | Kennedy-Wilson Holdings | 1.52 Bn | 1.37 Bn | 83.20 Mn |
| 7 | Frp Holdings | 433.69 Mn | 433.69 Mn | - |
| 8 | American Realty Investors | 250.20 Mn | 445.20 Mn | - |
| 9 | Belpointe PREP | 188.11 Mn | 188.11 Mn | - |
| 10 | Star Holdings | 119.97 Mn | 86.41 Mn | 5.31 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 1.15 Mn |
| Jun 30, 2025 | 1.17 Mn |
| Mar 31, 2025 | 1.19 Mn |
| Dec 31, 2024 | 1.23 Mn |
| Sep 30, 2024 | 1.25 Mn |
| Jun 30, 2024 | 1.27 Mn |
| Mar 31, 2024 | 1.30 Mn |
| Dec 31, 2023 | 1.32 Mn |
| Sep 30, 2023 | 1.41 Mn |
| Jun 30, 2023 | 6.61 Mn |
| Mar 31, 2023 | 7.04 Mn |
| Dec 31, 2022 | 7.13 Mn |
| Dec 31, 2021 | 2.00 Mn |