Latest Ratios: P/E Ratio 52.5x · EV/EBITDA 21.8x · ROE 4.2%. (2017–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $866M | $393M | $294M | $293M | $269M | $271M | $118M | $88M | — | — |
| Enterprise Value | $1.3B | $796M | $589M | $532M | $465M | $361M | $241M | $139M | — | — |
| P/E Ratio → | 52.49 | 34.34 | 62.14 | 121.33 | 69.19 | 132.00 | — | — | — | — |
| P/S Ratio | 9.04 | 4.10 | 3.86 | 4.60 | 5.05 | 6.79 | 4.84 | 7.75 | — | — |
| P/B Ratio | 1.67 | 1.09 | 0.93 | 0.97 | 0.95 | 1.02 | 0.99 | 1.25 | — | — |
| P/FCF | 23.05 | 10.46 | 9.58 | 11.48 | 12.89 | 17.84 | 14.05 | 32.34 | — | — |
| P/OCF | 19.46 | 8.83 | 8.79 | 10.32 | 10.96 | 15.86 | 12.60 | 30.62 | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 8.31 | 7.72 | 8.35 | 8.71 | 9.03 | 9.85 | 12.30 | — | — |
| EV / EBITDA | 21.76 | 13.65 | 13.59 | 15.79 | 16.94 | 18.11 | 24.27 | 41.67 | — | — |
| EV / EBIT | 36.97 | 23.87 | 28.78 | 38.00 | 45.85 | 66.69 | 118.51 | 2026.51 | — | — |
| EV / FCF | — | 21.20 | 19.18 | 20.80 | 22.23 | 23.73 | 28.58 | 51.30 | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 88.2% | 88.2% | 75.2% | 75.9% | 76.0% | 76.5% | 79.5% | 77.2% | 75.6% | 76.9% |
| Operating Margin | 35.8% | 35.8% | 27.7% | 22.0% | 18.2% | 14.8% | 8.3% | 0.6% | 33.5% | 30.6% |
| Net Profit Margin | 14.8% | 14.8% | 8.6% | 5.8% | 7.2% | 5.1% | -1.4% | -9.2% | 14.8% | 16.4% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 4.2% | 4.2% | 2.1% | 1.3% | 1.4% | 1.1% | -0.4% | -3.2% | — | — |
| ROA | 2.0% | 2.0% | 1.1% | 0.7% | 0.9% | 0.6% | -0.2% | -1.2% | 3.3% | 3.3% |
| ROIC | 3.7% | 3.7% | 2.8% | 2.1% | 1.7% | 1.5% | 0.8% | 0.1% | 6.8% | 5.6% |
| ROCE | 5.0% | 5.0% | 3.6% | 2.7% | 2.3% | 2.2% | 1.6% | 0.1% | 7.8% | 6.4% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.13 | 1.13 | 0.93 | 0.80 | 0.69 | 0.36 | 1.04 | 0.91 | — | — |
| Debt / EBITDA | 6.94 | 6.94 | 6.84 | 7.14 | 7.17 | 4.79 | 12.56 | 19.15 | 8.45 | 10.85 |
| Net Debt / Equity | — | 1.12 | 0.93 | 0.79 | 0.69 | 0.34 | 1.02 | 0.74 | — | — |
| Net Debt / EBITDA | 6.91 | 6.91 | 6.80 | 7.08 | 7.12 | 4.50 | 12.34 | 15.40 | 8.39 | 10.80 |
| Debt / FCF | — | 10.74 | 9.60 | 9.33 | 9.34 | 5.89 | 14.53 | 18.96 | 13.16 | 16.38 |
| Interest Coverage | 2.19 | 2.19 | 1.70 | 1.50 | 1.88 | 1.97 | — | — | 1.73 | 1.38 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 10.72 | 10.72 | 0.39 | 0.44 | 0.86 | 0.56 | 0.08 | 0.26 | 0.87 | 0.93 |
| Quick Ratio | 10.72 | 10.72 | 0.39 | 0.44 | 0.86 | 0.56 | 0.08 | 0.26 | 0.55 | 0.59 |
| Cash Ratio | 2.28 | 2.28 | 0.06 | 0.11 | 0.16 | 0.28 | 0.03 | 0.22 | 0.14 | 0.10 |
| Asset Turnover | — | 0.13 | 0.12 | 0.11 | 0.11 | 0.11 | 0.09 | 0.08 | 0.22 | 0.20 |
| Inventory Turnover | — | — | — | — | — | — | — | — | 3.13 | 2.90 |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 5.1% | 7.8% | 9.5% | 8.3% | 6.5% | 5.5% | 5.1% | 3.6% | — | — |
| Payout Ratio | 217.3% | 217.3% | 424.3% | 656.8% | 454.9% | 731.9% | — | — | 465.2% | 480.7% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 1.9% | 2.9% | 1.6% | 0.8% | 1.4% | 0.8% | — | — | — | — |
| FCF Yield | 4.3% | 9.6% | 10.4% | 8.7% | 7.8% | 5.6% | 7.1% | 3.1% | — | — |
| Buyback Yield | 0.0% | 0.1% | 0.0% | 0.3% | 0.1% | 0.1% | 0.2% | 0.0% | — | — |
| Total Shareholder Yield | 5.2% | 7.9% | 9.5% | 8.7% | 6.6% | 5.6% | 5.2% | 3.6% | — | — |
| Shares Outstanding | — | $24M | $23M | $20M | $19M | $14M | $7M | $5M | $5M | $5M |
USPS facility consolidation risk
Based on the provided quarterly data, PSTL's P/FFO multiple has fluctuated within a tight range of 13.5x to 14.8x, suggesting that the market currently prices the REIT as a yield-sensitive instrument rather than a high-growth entity despite its aggressive acquisition-led expansion strategy.
The valuation appears to be heavily influenced by the company's dividend yield, which remains a primary focus for investors in the net-lease space. Given the lack of a significant premium in the P/FFO multiple, the market may be discounting the long-term growth potential due to the inherent risks associated with the USPS modernization plan.
As reported in financial statements, the FFO payout ratio has exhibited significant volatility, reaching as high as 124.6% in 2024Q1 and settling near 85.8% in 2026Q1, which indicates that the dividend coverage remains tight and leaves limited room for operational or capital expenditure fluctuations.
The inconsistency in the payout ratio suggests that dividend sustainability is highly dependent on the timing of acquisitions and the subsequent FFO accretion. Investors should monitor whether the company can maintain a more consistent payout ratio below 80% to ensure long-term dividend security without relying on external capital.
According to recent SEC filings, the debt-to-equity ratio has trended upward from 0.79 in 2024Q1 to 1.13 by 2025Q4, signaling an increasing reliance on debt financing to support the company's rapid portfolio growth in a higher interest rate environment.
While the current leverage levels may appear manageable, the interest coverage ratio, which has hovered between 1.37x and 2.75x, suggests that the company's ability to service its debt is sensitive to interest rate volatility. This trend warrants further investigation into the maturity profile of the existing debt and the potential for refinancing risk.
Based on the provided data, the market's frequent reliance on the standard P/E ratio for PSTL is fundamentally flawed, as it obscures the company's true cash-generating capacity by including non-cash depreciation charges that are inherent to the REIT's extensive real estate portfolio.
Investors should prioritize FFO and AFFO metrics over P/E, as the latter fails to account for the significant non-cash expenses that distort GAAP earnings. Relying on P/E leads to an inaccurate assessment of valuation, as it ignores the recurring maintenance capital expenditures required to sustain the portfolio's long-term value.
Includes 30+ ratios · 9 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying PSTL stock.
Postal Realty Trust, Inc.'s current P/E ratio is 52.5x. The historical average is 83.8x. This places it at the 20th percentile of its historical range.
Postal Realty Trust, Inc.'s current EV/EBITDA is 21.8x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 20.6x.
Postal Realty Trust, Inc.'s return on equity (ROE) is 4.2%. The historical average is 0.9%.
Based on historical data, Postal Realty Trust, Inc. is trading at a P/E of 52.5x. This is at the 20th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Postal Realty Trust, Inc.'s current dividend yield is 5.12% with a payout ratio of 217.3%.
Postal Realty Trust, Inc. has 88.2% gross margin and 35.8% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
Postal Realty Trust, Inc.'s Debt/EBITDA ratio is 6.9x, indicating high leverage. A ratio above 4x may signal elevated financial risk.