{ "ok": true, "cik": "1682220", "ticker": "SACH", "name": "SACHEM CAPITAL CORP", "filings": [ { "form": "DEF 14A", "filed": "2026-09-11", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/1682220/000168222026000065/0001682220-26-000065-index.htm" }, { "form": "8-K", "filed": "2026-09-04", "items": [ "8.01 Other Events", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1682220/000168222026000063/0001682220-26-000063-index.htm" }, { "form": "8-K", "filed": "2026-08-06", "items": [ "2.02 Results of Operations and Financial Condition", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1682220/000168222026000057/0001682220-26-000057-index.htm" }, { "form": "10-Q", "filed": "2026-08-05", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/1682220/000168222026000053/0001682220-26-000053-index.htm" }, { "form": "8-K", "filed": "2026-06-04", "items": [ "8.01 Other Events", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1682220/000168222026000047/0001682220-26-000047-index.htm" }, { "form": "8-K", "filed": "2026-05-20", "items": [ "2.02 Results of Operations and Financial Condition", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1682220/000168222026000041/0001682220-26-000041-index.htm" } ], "events12m": 12, "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001682220.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1682220" }, "license": "Figures as filed with the SEC. Card text CC BY 4.0, POPS4.", "notAdvice": "Reporting, not investment advice. No price targets, no buy or sell views.", "edgar": "🫧 Edgar looked up SACHEM CAPITAL CORP ($SACH). Last filing: DEF 14A, 2026-09-11. 12 event filings (8-K) in the past twelve months. Auditor change (8-K Item 4.01) filed 2024-11-20.", "auditor": { "changes": [ { "filed": "2024-11-20", "url": "https://www.sec.gov/Archives/edgar/data/1682220/000110465924120868/0001104659-24-120868-index.htm" } ], "nonReliance": [], "restatedSince": null }, "metrics": { "fiscalYearEnd": "2024-12-31", "revenue": 57500000, "revenueGrowth1y": -0.11195539699454815, "revenueGrowthPerYear": 0.3259337570084524, "yearsOfData": 5, "operatingMargin": -0.3091478260869565, "operatingMarginPrior": 0.23226613538433025, "netMargin": -0.688191304347826, "operatingCashFlow": 12890000, "capitalSpending": null, "freeCashFlow": null, "researchAndDevelopment": null, "researchShareOfRevenue": null, "cash": 18066000, "longTermDebt": 230239000, "longTermDebtChange": -0.20167266668804884, "revenueHistory": [ { "fiscalYearEnd": "2020-12-31", "revenue": 18602895 }, { "fiscalYearEnd": "2021-12-31", "revenue": 30424552 }, { "fiscalYearEnd": "2022-12-31", "revenue": 52276025 }, { "fiscalYearEnd": "2023-12-31", "revenue": 64749000 }, { "fiscalYearEnd": "2024-12-31", "revenue": 57500000 } ], "totalEquity": 181651000, "totalAssets": 491976000, "equityRatio": 0.36922736068426104, "returnOnEquity": -0.21784080461984795, "dividendsPaid": 16508000, "payoutRatio": null, "dividendPerShare": null, "dividendYearsRising": null, "dividendCut": null, "priceBased": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown.", "range80": { "low": 44824316.970617674, "high": 80487103.01659623, "baseline": 61076872.83092748, "n": 749, "band": "b00" }, "ifPaceHeld": { "low": 44824316.970617674, "high": 80487103.01659623 } }, "edgarette": "🔖 Exposure: revenue $57.5M (FY2024), total debt $230.2M. Experience: revenue down 11.2% on the year, up 32.6% a year over 4 years; operating margin -30.9%, down from 23.2%. Soundness: equity 36.9% of assets, return on equity -21.8%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $44.8M and $80.5M next year (method v3, set from 749 SEC company-years; on a year the method never saw, 83% landed inside). A range, not a forecast. Against peers (79 filers, $50M+ revenue, real estate investment trusts): operating margin -30.9% against a 24.7% median; growth -11.2% against 3.7%.", "peers": { "sic": 6798, "sicDescription": "Real Estate Investment Trusts", "calendarYear": 2025, "minRevenue": 50000000, "depth": 4, "group": "6798", "growth": [ 0.0366, 157 ], "opMargin": [ 0.2474, 79 ], "equityRatio": [ 0.3883, 154 ], "returnOnEquity": [ 0.0254, 128 ], "payoutRatio": [ 1.5128, 81 ] }, "summary": "Sachem Capital (SACH) saw revenue fall 11.2% in FY2024 to $58 million, operating margin -30.9% against a 24.7% median for real estate investment trusts, equity 36.9% of assets. Every figure is from the company’s own annual report filed with the SEC.", "chart": "
SACHEM CAPITAL CORP against its own record and its peers
Operating marginPeer median 24.7%-30.9%Revenue, on the yearPeer median 3.7%-11.2%Equity of assetsPeer median 38.8%36.9%Return on equityPeer median 2.5%-21.8%Gold tick: the median of 128–154 peers with $50M+ revenue in real estate investment trusts
", "chartHorizon": null, "backtest": { "tests": 5, "hits": 4, "rate": 0.8, "method": "v3", "note": "hindsight: past years, same calibrated range. The range was calibrated on 2022-2024 SEC data, so years in that window are partly in-sample." }, "registry": { "logged": "2026-09-20T14:00:59.412Z", "hash": "2e774302de3d988f", "status": "open" }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "schema": "pops4.edgarette.card/1", "card": { "summary": "Sachem Capital (SACH) saw revenue fall 11.2% in FY2024 to $58 million, operating margin -30.9% against a 24.7% median for real estate investment trusts, equity 36.9% of assets. Every figure is from the company’s own annual report filed with the SEC.", "exposure": { "fiscalYearEnd": "2024-12-31", "revenue": 57500000, "totalDebt": 230239000, "cash": 18066000 }, "experience": { "revenueGrowth1y": -0.11195539699454815, "revenueGrowthPerYear": 0.3259337570084524, "operatingMargin": -0.3091478260869565, "operatingMarginPrior": 0.23226613538433025, "netMargin": -0.688191304347826, "freeCashFlow": null }, "soundness": { "equityRatio": 0.36922736068426104, "returnOnEquity": -0.21784080461984795, "payoutRatio": null, "dividendPerShare": null, "dividendYearsRising": null, "dividendCut": null, "note": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown." }, "peers": { "sic": 6798, "sicDescription": "Real Estate Investment Trusts", "calendarYear": 2025, "minRevenue": 50000000, "depth": 4, "group": "6798", "growth": [ 0.0366, 157 ], "opMargin": [ 0.2474, 79 ], "equityRatio": [ 0.3883, 154 ], "returnOnEquity": [ 0.0254, 128 ], "payoutRatio": [ 1.5128, 81 ] }, "credibility": { "auditedYears": 5, "weight": "reasonable", "standard": "ASOP No. 25", "nonReliance": null, "auditorChange": { "filed": "2024-11-20", "url": "https://www.sec.gov/Archives/edgar/data/1682220/000110465924120868/0001104659-24-120868-index.htm" } }, "range": { "low": 44824316.970617674, "high": 80487103.01659623, "baseline": 61076872.83092748, "coverage": 0.8, "method": "v3", "basis": "next fiscal year revenue: baseline = revenue x (1 + mean of one-year and three-year pace); range = 10th to 90th percentile of how SEC company-years of the same size band actually turned out", "calibratedOn": { "companyYears": 749, "sizeBand": "b00" }, "kind": "a calibrated range, not a forecast; no view on the share price", "track": { "backtest": { "tests": 5, "hits": 4, "rate": 0.8, "method": "v3", "note": "hindsight: past years, same calibrated range. The range was calibrated on 2022-2024 SEC data, so years in that window are partly in-sample." }, "registry": { "logged": "2026-09-20T14:00:59.412Z", "hash": "2e774302de3d988f", "status": "open" }, "scorecard": "https://www.pops4.com/boards/scorecard" } }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001682220.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1682220" } }, "definitions": { "operatingMargin": "Operating income divided by revenue.", "netMargin": "Net income divided by revenue.", "freeCashFlow": "Cash from operations minus spending on property and equipment.", "researchShareOfRevenue": "Research and development expense for the year as a share of revenue, both as filed.", "equityRatio": "Shareholders equity as a share of total assets, both as filed. Higher means less of the company is owed to someone else.", "returnOnEquity": "Net income for the year against shareholders equity at year end.", "payoutRatio": "Dividends paid as a share of net income, in the year the cash went out.", "dividendYearsRising": "Consecutive years, counted back from the last on record, in which dividend per share rose. A fall ends the run and is reported as dividendCut.", "revenueGrowthPerYear": "Compound annual growth between the first and latest fiscal years shown.", "credibility": "How much weight a record deserves, in the actuarial sense (ASOP No. 25): more audited years, more weight.", "peers": "Medians of SEC filers with $50M+ revenue in the same industry code (SIC), narrowest group with at least 8 filers, calendar-year figures from SEC XBRL frames.", "backtest": "The same if-the-pace-held arithmetic applied to the company's own past years, scored against what it actually reported next. Hindsight, and labelled so." } }