TakeoverPE & activists

PSTLPostal Realty Trust, Inc.

Real Estate Investment Trusts · $653M market cap

5.1×

More likely than average to be taken private

Top 1% of the Russell 3000 for a buyout by a private-equity firm, holdco or insiders. How it works

Takeover signals

What an activist or buyer would see: cheap, overpaid, diluted or under pressure.

3of 15 firedHow well they predict deals →
12 other checks
  • TSR below peersNo
    —
    3+ of last 5 years
  • High CEO pay despite TSRNo
    —
    Median CEO pay ≥ $15M while TSR trails
  • Earnings not backed by cashNo
    315% of net income
    Cash flow under 80% of net income
  • Dilutive SBCNo
    7% of revenue
    Over 10% of revenue
  • Payouts exceed cash flowNo
    69% of cash flow
    Buybacks + dividends over cash flow
  • Goodwill-heavyNo
    0% of assets
    Over 40% of assets
  • Low revenue per employeeNo
    —
    Bottom quartile of its SIC industry
  • Quiet on AINo
    2.7 per 10K words · 66th pct
    Bottom quartile of AI mentions in 10-Ks
  • Net cashNo
    6.5× EBITDA net debt
    More cash than debt, positive EBITDA
  • AI-rollup shapedNo
    0 of 10
    10-K business scored 5+ of 10 as an AI-rollup target
  • Active 13DNo
    0 filings
    Active-intent 13D in 18 months
  • Net insider sellingNo
    −$410K net
    Net sales over $10M in 12 months

Key numbers

Revenue
$96MFY2021: $40MFY2022: $53MFY2023: $64MFY2024: $76MFY2025: $96M
25% YoY
Operating margin
35.8%FY2021: 14.8%FY2022: 18.2%FY2023: 22.0%FY2024: 27.7%FY2025: 35.8%
29% YoY
EBITDA
$58MFY2021: $20MFY2022: $27MFY2023: $34MFY2024: $43MFY2025: $58M
34% YoY
Net debt / EBITDA
6.5×
$380M net debt

Financials

MetricFY2021FY2022FY2023FY2024FY2025YoYTrend
Revenue$40M$53M$64M$76M$96M 25% FY2021: $40MFY2022: $53MFY2023: $64MFY2024: $76MFY2025: $96M
Operating income$6M$10M$14M$21M$34M 62% FY2021: $6MFY2022: $10MFY2023: $14MFY2024: $21MFY2025: $34M
Net income$2M$4M$4M$7M$14M 115% FY2021: $2MFY2022: $4MFY2023: $4MFY2024: $7MFY2025: $14M
Operating cash flow$17M$25M$28M$34M$45M 33% FY2021: $17MFY2022: $25MFY2023: $28MFY2024: $34MFY2025: $45M
Stock-based comp$4M$5M$6M$6M$6M 1.0% FY2021: $4MFY2022: $5MFY2023: $6MFY2024: $6MFY2025: $6M
Dividends$15M$22M$24M$28M$31M 9.9% FY2021: $15MFY2022: $22MFY2023: $24MFY2024: $28MFY2025: $31M

13D filers

FiledFilerFormStakeIntent
Sep 9, 2026Spodek AndrewSCHEDULE 13D/A3.2%Passive
May 24, 2019Spodek AndrewSC 13D12.5%Active

Insider trading

−$410Knet selling by insiders, open market, last 12 months
Bought $0 · 0 tradesSold $410K · 2 trades

Pay vs performance

No pay-versus-performance disclosure yet.