📊 BOC Key Takeaways
Is BOSTON OMAHA Corp (BOC) a Good Investment?
Boston Omaha Corp has a fortress balance sheet with low leverage (0.05x D/E) and 61.8% gross margins, but current operations are unprofitable with negative free cash flow (-$2.6M) despite positive operating cash flow. While YoY profitability trends are improving, the company cannot cover interest from operations, indicating structural operational challenges that must resolve before it becomes investable.
Boston Omaha shows decent top-line growth and strong gross margins, supported by a conservatively levered balance sheet with solid liquidity. However, that revenue growth is not converting into operating profitability, net losses have worsened materially year over year, and free cash flow remains negative. Fundamentally, the company looks financially resilient but operationally unproven, which supports a neutral stance until earnings quality improves.
BOSTON OMAHA Corp Key Strengths (BOC)
- Strong balance sheet with low leverage (0.05x D/E) and $509.2M equity versus $173.0M liabilities
- Excellent gross margins at 61.8% demonstrate pricing power and product viability
- Improving profitability trend with net income improving 32.1% YoY despite remaining negative
- Solid liquidity position with 1.86x current ratio and $28.8M cash on hand
- Revenue is growing at a healthy double-digit rate, indicating continued business expansion
- Balance sheet risk is low with strong liquidity and very modest leverage
- Gross margin is robust, suggesting the underlying businesses retain pricing power or favorable unit economics before overhead
BOC Stock Risks: BOSTON OMAHA Corp Investment Risks
- Operating and net losses indicate fundamental unprofitability at the core business level
- Negative free cash flow (-$2.6M, -9.3% FCF margin) showing cash burn despite revenue growth
- Interest coverage ratio of -2.0x means operating income cannot service debt obligations
- Capital expenditures ($6.5M) exceed operating cash flow ($3.9M), unsustainable burn rate
- Operating and net margins are negative, showing that growth is not yet translating into sustainable profitability
- Free cash flow is negative because capital spending exceeds operating cash generation
- Negative interest coverage indicates earnings are currently insufficient to comfortably support financing costs
Key Metrics to Watch
- Operating margin trajectory and path to profitability
- Free cash flow inflection point and ability to achieve positive FCF
- Gross margin stability as revenue scales
- Effective interest coverage and debt service capability
- Operating margin and net income trend
- Operating cash flow versus capital expenditures
BOSTON OMAHA Corp (BOC) Financial Metrics & Key Ratios
💡 AI Analyst Insight
BOSTON OMAHA Corp presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.
BOC Profit Margin, ROE & Profitability Analysis
BOC vs Real Estate Sector: How BOSTON OMAHA Corp Compares
How BOSTON OMAHA Corp compares to Real Estate sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is BOSTON OMAHA Corp Stock Overvalued? BOC Valuation Analysis 2026
Based on fundamental analysis, BOSTON OMAHA Corp has mixed fundamental signals relative to the Real Estate sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
BOSTON OMAHA Corp Balance Sheet: BOC Debt, Cash & Liquidity
BOC Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: BOSTON OMAHA Corp's revenue has grown significantly by 101% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.04 indicates the company is currently unprofitable.
BOC Revenue Growth, EPS Growth & YoY Performance
BOC Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $27.7M | -$669.0K | $-0.02 |
| Q3 2025 | $27.7M | -$669.3K | $-0.05 |
| Q2 2025 | $27.1M | -$669.3K | $-0.07 |
| Q1 2025 | $25.6M | -$669.3K | $-0.02 |
| Q3 2024 | $24.5M | $1.5M | $-0.05 |
| Q2 2024 | $24.2M | $1.5M | $0.05 |
| Q1 2024 | $22.8M | -$2.8M | $-0.09 |
| Q3 2023 | $21.4M | -$1.4M | $-0.05 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
BOSTON OMAHA Corp Dividends, Buybacks & Capital Allocation
BOC SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for BOSTON OMAHA Corp (CIK: 0001494582)
📋 Recent SEC Filings
❓ Frequently Asked Questions about BOC
What is the AI rating for BOC?
BOSTON OMAHA Corp (BOC) has a Combined AI Grade of C from Claude (C) and ChatGPT (B) with 72% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are BOC's key strengths?
Claude: Strong balance sheet with low leverage (0.05x D/E) and $509.2M equity versus $173.0M liabilities. Excellent gross margins at 61.8% demonstrate pricing power and product viability. ChatGPT: Revenue is growing at a healthy double-digit rate, indicating continued business expansion. Balance sheet risk is low with strong liquidity and very modest leverage.
What are the risks of investing in BOC?
Claude: Operating and net losses indicate fundamental unprofitability at the core business level. Negative free cash flow (-$2.6M, -9.3% FCF margin) showing cash burn despite revenue growth. ChatGPT: Operating and net margins are negative, showing that growth is not yet translating into sustainable profitability. Free cash flow is negative because capital spending exceeds operating cash generation.
What is BOC's revenue and growth?
BOSTON OMAHA Corp reported revenue of $28.2M.
Does BOC pay dividends?
BOSTON OMAHA Corp does not currently pay dividends.
Where can I find BOC SEC filings?
Official SEC filings for BOSTON OMAHA Corp (CIK: 0001494582) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is BOC's EPS?
BOSTON OMAHA Corp has a diluted EPS of $-0.07.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.
What is BOC's fundamental grade?
Based on our AI fundamental analysis in June 2026, BOSTON OMAHA Corp has a C grade with 72% confidence. Review the strengths and risks sections above for full context. This is not investment advice.
Is BOC stock overvalued or undervalued?
Valuation metrics for BOC: ROE of -0.4% (sector avg: 8%), net margin of -7.6% (sector avg: 20%). Compare these metrics with sector averages to assess valuation.
What is BOC's AI grade for 2026?
Our dual AI analysis gives BOSTON OMAHA Corp a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is BOC's free cash flow?
BOSTON OMAHA Corp's operating cash flow is $3.9M, with capital expenditures of $6.5M. FCF margin is -9.3%.
How does BOC compare to other Real Estate stocks?
Vs Real Estate sector averages: Net margin -7.6% (avg: 20%), ROE -0.4% (avg: 8%), current ratio 1.86 (avg: 1.5).