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Stoqly stoqly.net Company report Β· October 27, 2026

Wheeler Real Estate Investment Trust, Inc.

WHLR NasdaqΒ· Real Estate Investment Trusts

Last close Β· Oct 23, 2026

$0.36

KIRA Β· Stoqly’s AI analyst, in plain words

  • Wheeler Real Estate Investment Trust, Inc. had $99.4M of revenue in fiscal 2025, down 4.9% on the year before. Over five years, revenue changed +10.3% a year on average.
  • Its operating margin was 43.5%, up 7.6Β pts: of every 100 in sales, about 43 is left after running the business.
  • Wheeler Real Estate Investment Trust, Inc. made $8.8M of net profit in fiscal 2025.
  • Wheeler Real Estate Investment Trust, Inc. returned $6.6M to shareholders in fiscal 2025. The diluted share count rose 106,800.0%.

Market cap

$1.8M

P/E

0.0x

Revenue

$99.4M

Net income

$8.8M

Free cash flow

β€”

Operating margin

43.5%

Wheeler Real Estate Investment Trust, Inc. in 30 seconds Β· fiscal 2025

Weak

Are sales growing?

βˆ’4.9%

No. Sales fell 4.9% last year.

So-so

Does it make a profit?

8.8%

A little. It keeps 8.8% of every sale as profit.

What Wheeler Real Estate Investment Trust, Inc. does

No business description yet.

Fiscal year ends
December 31, 2025
Latest annual report
10-K Β· Mar 5, 2026
Legal name
Wheeler Real Estate Investment Trust, Inc.
CIK
0001527541
stoqly.net Β· WHLR Β· Generated October 27, 2026 Not investment advice Β· Page 1 of 3
Stoqly stoqly.net Company report Β· October 27, 2026

Wheeler Real Estate Investment Trust, Inc. Β· WHLR

Results and finances

The last 5 fiscal years. Amounts in USD.

Fiscal yearFY21FY22FY23FY24FY25
Sales and profit
Revenue $61.3M $76.6M $102M $105M $99.4M
Revenue growth 0.5% 25.0% 33.5% 2.2% βˆ’4.9%
Operating margin 31.8% 32.1% 28.7% 35.9% 43.5%
Net income βˆ’$9.4M βˆ’$12.5M βˆ’$4.7M βˆ’$9.6M $8.8M
Net margin βˆ’15.4% βˆ’16.2% βˆ’4.6% βˆ’9.2% 8.8%
Diluted EPS βˆ’$1.36 βˆ’$22.04 βˆ’$13,157.97 βˆ’$346,484.38 βˆ’$36.01
Cash
Cash from operations $17.0M $30.8M $20.9M $26.0M $21.1M
Capital expenditure $6.4M $8.5M β€” β€” β€”
Free cash flow $10.6M $22.2M β€” β€” β€”
FCF margin 17.3% 29.0% β€” β€” β€”
Dividends paid $0.0M $2.7M $10.8M $10.4M $6.6M
Share count change 0.1% βˆ’89.9% βˆ’99.8% βˆ’95.5% 106,800.0%
Debt and strength
Cash and short-term investments $22.9M $28.5M $18.4M $43.0M $23.7M
Debt incl. finance leases $336M $466M $478M β€” β€”
Shareholders' equity $1.9M βˆ’$15.2M βˆ’$21.3M βˆ’$25.4M $0.2M
Net debt / EBITDA 9.1x 9.9x 7.9x β€” β€”
Interest coverage 0.6x 0.8x 0.9x β€” β€”
Returns and quality
Return on capital 4.9% 4.6% 6.7% β€” β€”
Return on equity βˆ’112.6% β€” β€” β€” β€”
Piotroski F-score 3 5 5 β€” β€”

Insiders bought, 12 months

$0.1M

1 insider

Insiders sold, 12 months

$0.2M

5 insiders

Of sales under plans

0%

$0.0M

How to read these numbers

Revenue:
Total sales reported in the income statement.
Operating margin:
Operating income as a share of revenue.
Net income:
Profit after all expenses, interest and tax.
Free cash flow:
Cash from operations minus capital spending.
Net debt / EBITDA:
Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
Return on capital:
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
stoqly.net Β· WHLR Β· Generated October 27, 2026 Not investment advice Β· Page 2 of 3
Stoqly stoqly.net Company report Β· October 27, 2026

Wheeler Real Estate Investment Trust, Inc. Β· WHLR

Charts and comparison

Ten years at a glance, and how it stacks up against similar companies.

Revenue

Net income

Margins, % of revenue

Gross Operating Net

Cash vs debt (incl. leases)

Cash Debt

Free cash flow

Dividends and buybacks

Dividends Buybacks

KIRA

At $0.36 a share, the company is worth $1.8M.

Source: SEC EDGAR XBRL filings (CIK 0001527541). Data updated October 24, 2026. For information only β€” not investment advice. Check the original filings before relying on any figure.