# Comstock Holding Companies, Inc. (CHCI)

**Exchange:** NASDAQ  
**Sector:** Real Estate  
**Market cap:** $170M  
**Price:** $16.20 (+2.02%)

> Comstock Holding Companies, Inc. is a leading asset manager, developer, and operator of mixed-use and transit-oriented properties primarily in the Washington, D.C. metropolitan area. The company engages in the acquisition, development, operation, and sale of residential, commercial, and mixed-use properties, focusing on high-demand locations around key metro stations and public infrastructure projects. It provides a comprehensive suite of real estate services, including asset management, property management, development and construction management, strategic corporate planning, capital markets activities, brokerage, environmental consulting, engineering, remediation, and site-specific solutions. Comstock Holding Companies, Inc. serves a diverse client base of institutional real estate investors, high net worth family offices, financial institutions, and governmental bodies through public-private partnerships aimed at community enhancement. Its operations encompass management of commercial real estate such as apartments, hotels, office buildings, retail stores, parking garages, and urban transit-oriented developments. Founded in 1985 and headquartered in Reston, Virginia, the company maintains a diversified, asset-light platform emphasizing recurring fee-based revenue from property and parking management services.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $63M | $15M | $12M | $17M | — |
| 2024 | $51M | $13M | $10M | $15M | — |
| 2023 | $45M | $12M | $9M | $8M | — |
| 2022 | $39M | $10M | $8M | $7M | — |
| 2021 | $31M | $6M | $5M | $14M | — |
| 2020 | $22M | $4M | $3M | $2M | — |
| 2019 | $25M | — | $2M | $893,000 | — |
| 2018 | $16M | -$431,000 | $293,000 | -$4M | — |
| 2017 | $45M | $3M | -$5M | -$5M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $85M | $15M | $70M | $31M | — |
| 2024 | $65M | $12M | $52M | $29M | — |
| 2023 | $50M | $13M | $37M | $19M | — |
| 2022 | $42M | $14M | $29M | $12M | — |
| 2021 | $44M | $18M | $25M | $16M | $6M |
| 2020 | $29M | $17M | $11M | $7M | $6M |
| 2019 | $20M | $12M | $8M | $4M | $7M |
| 2018 | $35M | $29M | -$10M | $854,000 | $7M |
| 2017 | $51M | $49M | -$14M | $2M | $39M |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $5M | — | — |
| 2024 | $11M | — | — |
| 2023 | $9M | — | — |
| 2021 | $9M | — | — |
| 2020 | $4M | — | — |
| 2019 | $8M | — | — |
| 2018 | $13M | $80,000 | $13M |
| 2017 | $5M | $54,000 | $5M |
| 2013 | -$4M | $91,000 | -$4M |
| 2012 | -$16M | $158,000 | -$16M |
| 2011 | $13M | $78,000 | $13M |
| 2010 | $15M | $4,000 | $15M |

Source: [CompaniesByCap](https://companiesbycap.com/company/CHCI)