Acadia Realty Trust (AKR) financial statements
Acadia Realty Trust reported revenue of $411M in fiscal 2025, up 8.9% a year over 9 years.
Net income was $17M and the operating margin 12.0%, against 11.5% in 2016.
The diluted share count rose 69% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Acadia Realty Trust's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $190M | $249M | $260M | $295M | $255M | $292M | $326M | $339M | $360M | $411M |
| Selling, general and admin | $41M | $34M | $34M | $34M | $36M | $40M | $44M | $41M | $41M | $46M |
| Operating income | $22M | $66M | $33M | $73M | -$115M | $31M | $68M | $49M | $66M | $49M |
| Interest expense | $35M | $59M | $70M | $69M | $70M | $68M | $80M | $93M | $93M | $95M |
| Pre-tax income | $53M | $65M | -$15M | $25M | -$65M | $26M | -$65M | -$1M | $8M | -$40M |
| Income tax | -$105,000 | $1M | $934,000 | $1M | $269,000 | $93,000 | $12,000 | $301,000 | $212,000 | $412,000 |
| Net income | $73M | $61M | $31M | $54M | -$9M | $24M | -$35M | $20M | $22M | $17M |
| EPS (diluted) | $0.94 | $0.73 | $0.38 | $0.63 | -$0.11 | $0.26 | -$0.40 | $0.20 | $0.19 | $0.10 |
| Diluted shares | 76M | 84M | 82M | 84M | 86M | 88M | 95M | 95M | 108M | 129M |
| Operating margin | 11.5% | 26.6% | 12.6% | 24.7% | -45.0% | 10.5% | 20.9% | 14.5% | 18.3% | 12.0% |
| Net margin | 38.3% | 24.7% | 12.1% | 18.2% | -3.5% | 8.1% | -10.9% | 5.9% | 6.0% | 4.1% |
Balance sheet
Fiscal years, from Acadia Realty Trust's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $72M | $75M | $20M | $14M | $19M | $18M | $17M | $17M | $17M | $39M |
| Total assets | $4.0B | $4.0B | $4.0B | $4.3B | $4.1B | $4.3B | $4.3B | $4.3B | $4.4B | $4.8B |
| Total liabilities | $1.8B | $1.7B | $1.9B | $2.1B | $2.1B | $2.1B | $2.1B | $2.2B | $1.8B | $2.2B |
| Shareholders' equity | $1.6B | $1.6B | $1.5B | $1.5B | $1.4B | $1.5B | $1.7B | $1.6B | $2.1B | $2.2B |
| Net debt | -$72M | -$75M | -$20M | -$14M | -$19M | -$18M | -$17M | -$17M | -$17M | -$39M |
Cash flow
Fiscal years, from Acadia Realty Trust's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $110M | $115M | $96M | $131M | $104M | $105M | $133M | $156M | $140M | $167M |
| Capital spending | $149M | $108M | — | — | — | — | — | — | — | — |
| Free cash flow | -$40M | $7M | — | — | — | — | — | — | — | — |
| Stock-based compensation | $14M | $11M | $13M | $10M | $11M | $12M | $11M | $13M | $13M | $12M |
| Dividends paid | $91M | $100M | $89M | $94M | $50M | $39M | $65M | $69M | $76M | $101M |
| Share buybacks (net) | — | — | -$55M | — | — | — | — | — | — | — |
| Free cash flow margin | -20.8% | 2.6% | — | — | — | — | — | — | — | — |
| Dividends per share | $1.20 | $1.19 | $1.08 | $1.11 | $0.58 | $0.45 | $0.68 | $0.72 | $0.71 | $0.79 |
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What was Acadia Realty Trust's revenue in 2025?
$411M in fiscal 2025, from its 10-K filing.
From Acadia Realty Trust's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.