Tennessee was BRT Apartments’s largest revenue line in fiscal 2025, bringing in $14.34M of $95.27M (15%).
| Concentration Risk Benchmark | FY 2025 |
|---|---|
| Tennessee | $14.34M |
| Mississippi | $12.96M |
| Alabama | $11.40M |
| Georgia | $10.30M |
| Florida | $9.54M |
| Texas | $9.00M |
| South Carolina | $8.86M |
| Virginia | $5.13M |
| North Carolina | $4.29M |
| Ohio | $4.01M |
| Missouri | $3.75M |
| Other | $1.70M |
| Total | $95.27M |
BRT Apartments brought in $95.27M from its 12 revenue lines in fiscal 2025, the year ended December 31, 2025. Tennessee was the largest at $14.34M (15.1%), ahead of Mississippi at $12.96M (13.6%) and Alabama at $11.40M (12.0%). The other nine revenue lines brought in $56.56M combined.
As Previously Reported was BRT Apartments’s largest revenue line in fiscal 2019, bringing in $98.10M of $70.49M (139%).
| Restatement | FY 2018 | FY 2018 | FY 2018 | FY 2019 | FY 2019 | FY 2019 |
|---|---|---|---|---|---|---|
| As Previously Reported | $29.65M | $30.15M | $122.73M | $30.95M | $64.07M | $98.10M |
| Restatement Impact | -$24.39M | -$24.75M | -$99.30M | -$23.82M | -$49.65M | -$27.61M |
| Total | $5.26M | $5.41M | $23.43M | $7.13M | $14.42M | $70.49M |
BRT Apartments brought in $70.49M from its two revenue lines in fiscal 2019, the year ended September 30, 2019. That was up 388.9% from $14.42M in fiscal 2019. As Previously Reported was the largest at $98.10M (139.2%).
The total is net of Restatement Impact, which took $27.61M off revenue in fiscal 2019.
Multi-Family Real Estate was BRT Apartments’s largest segment in fiscal 2017, bringing in $102.93M of $105.77M (97%).
| Statement Business Segments | FY 2010 | FY 2011 | FY 2013 | FY 2015 | FY 2016 | FY 2017 |
|---|---|---|---|---|---|---|
| Multi-Family Real Estate | $79.65M | $93.80M | $102.93M | |||
| Revenues | — | — | — | |||
| Other Real Estate | $1.45M | $4.73M | $2.84M | |||
| Total | $81.10M | $98.52M | $105.77M |
BRT Apartments brought in $105.77M from its two segments in fiscal 2017, the year ended September 30, 2017. That was up 7.4% from $98.52M in fiscal 2016. Multi-Family Real Estate was the largest at $102.93M (97.3%), ahead of Other Real Estate at $2.84M (2.7%).
Compared with fiscal 2016, Multi-Family Real Estate grew 9.7% to $102.93M, while Other Real Estate fell 39.9% to $2.84M. From fiscal 2015 to 2017, combined revenue from these segments grew from $81.10M to $105.77M, a compound annual growth rate of 14.2%. Multi-Family Real Estate's share of the total fell from 98.2% to 97.3%.
BRT Apartments (BRT) reports its revenue by concentration risk benchmark, by restatement and by statement business segments. In fiscal 2025, Tennessee was its largest revenue line, bringing in $14.34M (15.1% of the total), followed by Mississippi at $12.96M (13.6%).
Tennessee was BRT Apartments' largest revenue line in fiscal 2025, bringing in $14.34M, or 15.1% of the $95.27M total across its 12 revenue lines.
Multi-Family Real Estate was BRT Apartments' largest segment in fiscal 2017, bringing in $102.93M, or 97.3% of the $105.77M total across its two segments.
Multi-Family Real Estate grew faster than Other Real Estate in fiscal 2017, up 9.7% from $93.80M to $102.93M. Other Real Estate fell 39.9% to $2.84M.
Every figure comes from BRT Apartments' annual financial filings, as reported. Each line keeps the name BRT Apartments gives it, and years follow its fiscal calendar.
BRT Apartments' revenue by concentration risk benchmark goes back to fiscal 2025, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.