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Acadia Realty Trust (AKR) Financials

Acadia Realty Trust logo
$21.42 +0.30 (+1.40%)
Closing price 05/20/2026 03:59 PM Eastern
Extended Trading
$21.42 +0.01 (+0.05%)
As of 05/20/2026 04:10 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
Annual Income Statements for Acadia Realty Trust

Annual Income Statements for Acadia Realty Trust

This table shows Acadia Realty Trust's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders
66 73 61 31 54 -8.98 24 -35 20 22 17
Consolidated Net Income / (Loss)
150 135 64 -16 23 -66 26 -65 -1.75 8.14 -40
Net Income / (Loss) Continuing Operations
150 53 64 -21 16 -66 26 -65 -1.75 8.14 -40
Total Pre-Tax Income
63 53 65 -29 12 -65 26 -65 -1.45 8.35 -40
Total Revenue
178 181 224 203 259 -60 -48 -8.41 265 291 342
Net Interest Income / (Expense)
-21 -8.82 -30 -57 -61 -61 -59 -66 -73 -67 -72
Total Interest Income
17 26 29 13 7.99 8.98 9.07 15 20 25 24
Investment Securities Interest Income
- 26 29 - - 8.98 9.07 15 20 25 24
Total Interest Expense
37 35 59 70 69 70 68 80 93 93 95
Long-Term Debt Interest Expense
- - - - - 70 68 80 93 93 95
Total Non-Interest Income
199 190 254 260 320 0.68 11 57 339 359 413
Other Service Charges
4.13 - 5.57 0.00 - - - - 5.65 10 8.62
Net Realized & Unrealized Capital Gains on Investments
- - - 5.14 30 0.68 11 57 0.00 -0.83 2.52
Other Non-Interest Income
195 190 249 255 290 - - - 333 350 402
Total Non-Interest Expense
155 168 182 232 247 5.44 -69 24 267 283 381
Net Occupancy & Equipment Expense
28 24 40 44 50 56 54 57 62 66 71
Other Operating Expenses
60 74 23 71 73 78 85 89 88 87 98
Depreciation Expense
61 70 105 118 123 147 123 136 136 139 157
Impairment Charge
5.00 0.00 14 0.00 1.72 86 9.93 33 3.69 1.68 37
Other Special Charges
- 0.00 - - - -361 -342 -291 -23 -10 17
Income Tax Expense
1.79 -0.11 1.00 0.93 1.47 0.27 0.09 0.01 0.30 0.21 0.41
Net Income / (Loss) Attributable to Noncontrolling Interest
84 62 2.84 -47 -30 -57 2.48 -30 -22 -14 -57
Basic Earnings per Share
$0.94 $0.94 $0.73 $0.38 $0.63 ($0.11) $0.26 ($0.38) $0.20 $0.19 $0.10
Weighted Average Basic Shares Outstanding
68.85M 76.23M 81.70M 82.08M 82.13M 86.28M 87.65M 94.58M 95.28M 108.23M 128.62M
Diluted Earnings per Share
$0.94 $0.94 $0.73 $0.38 $0.63 ($0.11) $0.26 ($0.40) $0.20 $0.19 $0.10
Weighted Average Diluted Shares Outstanding
68.85M 76.23M 81.70M 82.08M 82.13M 86.28M 87.65M 94.64M 95.28M 108.26M 128.66M
Weighted Average Basic & Diluted Shares Outstanding
68.85M 76.23M 81.70M 82.08M 82.13M 86.28M 93.60M 96.27M 102.58M 119.68M 131.04M
Cash Dividends to Common per Share
$1.22 $1.16 $1.05 $1.09 $1.13 $0.29 $0.60 $0.72 $0.72 $0.74 $0.80

Quarterly Income Statements for Acadia Realty Trust

This table shows Acadia Realty Trust's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Income / (Loss) Attributable to Common Shareholders
-1.43 -1.34 3.27 1.44 8.41 8.52 1.61 1.96 5.62 7.71 30
Consolidated Net Income / (Loss)
-16 -10 -6.86 1.58 12 1.16 -12 -21 -11 3.54 139
Net Income / (Loss) Continuing Operations
-16 -10 -6.86 1.58 12 1.16 -9.56 -21 -11 3.54 139
Total Pre-Tax Income
-16 -10 -6.83 1.74 12 1.17 -12 -21 -11 3.63 139
Total Revenue
62 -183 72 70 72 165 89 83 85 86 228
Net Interest Income / (Expense)
-20 -20 -18 -18 -16 -15 -17 -17 -18 -19 -17
Total Interest Income
5.09 5.12 5.24 5.41 7.86 6.58 6.10 6.36 6.12 5.14 4.79
Investment Securities Interest Income
5.09 5.12 5.24 5.41 7.86 6.58 6.10 6.36 6.12 5.14 4.79
Total Interest Expense
25 25 24 24 23 22 23 24 24 24 22
Long-Term Debt Interest Expense
- - 24 24 23 - 23 24 24 24 22
Total Non-Interest Income
81 -163 90 88 88 180 106 101 104 105 245
Other Service Charges
- - - - - - 1.75 - - - 4.42
Net Realized & Unrealized Capital Gains on Investments
0.00 - -1.20 0.76 0.00 -0.39 0.00 0.00 2.52 - 142
Other Non-Interest Income
81 - 91 87 88 - 105 101 101 96 99
Total Non-Interest Expense
73 -201 76 70 70 160 97 100 91 92 87
Net Occupancy & Equipment Expense
15 17 19 16 14 17 18 18 17 19 18
Other Operating Expenses
22 23 22 20 21 23 25 25 23 25 28
Depreciation Expense
34 35 35 34 35 35 39 39 39 40 40
Impairment Charge
3.69 - 0.00 0.00 0.00 - 6.45 18 13 - 0.00
Other Special Charges
-1.66 - 0.00 0.00 0.00 - 8.00 0.00 0.00 7.81 0.62
Nonoperating Income / (Expense), net
-4.87 -28 -2.36 2.12 10 -3.74 -1.71 -4.25 -5.45 - -1.51
Income Tax Expense
-0.04 0.05 0.03 0.16 0.02 0.01 0.12 0.21 0.00 0.08 0.01
Net Income / (Loss) Attributable to Noncontrolling Interest
-15 -8.90 -10 0.14 3.84 -7.36 -13 -23 -17 -4.16 109
Basic Earnings per Share
($0.02) ($0.01) $0.03 $0.01 $0.07 $0.08 $0.01 $0.01 $0.03 $0.05 $0.22
Weighted Average Basic Shares Outstanding
95.32M 95.28M 102.13M 103.59M 108.35M 108.23M 121.33M 130.98M 131.02M 128.62M 131.25M
Diluted Earnings per Share
($0.02) ($0.01) $0.03 $0.01 $0.07 $0.08 $0.01 $0.01 $0.03 $0.05 $0.22
Weighted Average Diluted Shares Outstanding
95.32M 95.28M 102.13M 103.59M 108.35M 108.26M 121.33M 130.98M 131.02M 128.66M 131.33M
Weighted Average Basic & Diluted Shares Outstanding
95.34M 102.58M 103.18M 105.33M 119.65M 119.68M 130.96M 131.01M 131.03M 131.04M 133.52M
Cash Dividends to Common per Share
$0.18 - $0.18 $0.18 $0.19 - $0.20 $0.20 $0.20 - $0.20

Annual Cash Flow Statements for Acadia Realty Trust

This table details how cash moves in and out of Acadia Realty Trust's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents
-145 -15 -9.04 -51 -5.20 1.77 -2.24 4.66 -6.93 14 17
Net Cash From Operating Activities
114 110 115 96 131 104 105 133 156 140 167
Net Cash From Continuing Operating Activities
114 110 115 96 131 104 105 133 156 140 167
Net Income / (Loss) Continuing Operations
150 135 64 -16 23 -66 26 -65 -1.75 8.14 -40
Consolidated Net Income / (Loss)
150 135 64 -16 23 -66 26 -65 -1.75 8.14 -40
Provision For Loan Losses
- - - - 2.74 25 -2.80 -0.10 -1.24 0.00 0.00
Depreciation Expense
61 70 105 118 123 147 123 136 136 139 157
Amortization Expense
3.54 3.20 5.99 6.01 6.72 5.04 4.40 5.64 6.48 8.05 8.36
Non-Cash Adjustments to Reconcile Net Income
-108 -109 -47 -3.79 -32 22 -51 67 15 23 60
Changes in Operating Assets and Liabilities, net
7.49 11 -13 -7.99 7.34 -29 4.75 -10 1.63 -38 -19
Net Cash From Investing Activities
-355 -614 4.06 -137 -411 -101 -199 -124 -209 -171 -450
Net Cash From Continuing Investing Activities
-355 -614 4.06 -137 -410 -101 -199 -124 -209 -171 -450
Purchase of Property, Leasehold Improvements and Equipment
-164 - - -148 - - 0.00 - 1.08 -12 6.50
Purchase of Investment Securities
-411 -882 -331 -101 -584 -138 -275 -453 -251 -284 -561
Sale of Property, Leasehold Improvements and Equipment
38 - - - - - 0.00 2.00 1.52 0.00 0.00
Sale and/or Maturity of Investments
185 272 293 90 107 21 64 254 4.64 109 98
Other Investing Activities, net
-2.09 -3.75 42 22 67 16 13 73 35 15 6.33
Net Cash From Financing Activities
96 488 -128 -10 274 -1.26 91 -4.38 46 45 301
Net Cash From Continuing Financing Activities
96 488 -128 -10 274 -1.26 91 -4.38 46 45 301
Issuance of Debt
556 889 516 836 851 242 380 1,054 417 528 991
Issuance of Common Equity
63 450 - 48 145 -22 64 119 0.00 460 278
Repayment of Debt
-384 -937 -583 -714 -683 -189 -305 -1,105 -322 -863 -823
Payment of Dividends
-86 -91 -100 -120 -94 -50 -39 -65 -69 -76 -101
Other Financing Activities, Net
-53 177 39 -4.22 54 18 -7.68 -8.98 20 -3.37 -44
Cash Interest Paid
48 42 50 62 69 70 45 65 120 119 109
Cash Income Taxes Paid
2.04 2.04 0.88 1.23 0.73 -0.33 0.15 0.01 0.30 0.21 0.41

Quarterly Cash Flow Statements for Acadia Realty Trust

This table details how cash moves in and out of Acadia Realty Trust's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Change in Cash & Equivalents
-2.34 -1.89 1.62 28 14 -30 17 12 7.23 -18 -8.11
Net Cash From Operating Activities
26 41 26 32 45 38 26 65 34 42 31
Net Cash From Continuing Operating Activities
26 41 26 32 45 38 26 65 34 42 31
Net Income / (Loss) Continuing Operations
-16 -10 -6.86 1.58 12 1.16 -12 -21 -11 3.54 139
Consolidated Net Income / (Loss)
-16 -10 -6.86 1.58 12 1.16 -12 -21 -11 3.54 139
Depreciation Expense
34 35 35 34 35 35 39 39 39 40 40
Amortization Expense
1.57 1.82 1.77 2.15 1.98 2.15 2.09 2.04 2.46 1.76 1.74
Non-Cash Adjustments to Reconcile Net Income
11 3.61 8.65 2.47 8.63 4.50 18 24 16 2.03 -137
Changes in Operating Assets and Liabilities, net
-3.88 12 -13 -8.52 -13 -5.13 -22 21 -12 -5.22 -13
Net Cash From Investing Activities
-63 -118 -3.83 24 -70 -121 -196 -199 -36 -20 368
Net Cash From Continuing Investing Activities
-63 -118 -3.83 24 -70 -121 -196 -199 -36 -20 368
Purchase of Property, Leasehold Improvements and Equipment
- - 0.00 - - - - - - -5.00 0.00
Purchase of Investment Securities
-71 -120 -15 -35 -78 -155 -206 -206 -97 -40 -176
Sale of Property, Leasehold Improvements and Equipment
- - - - - - 0.00 - - - -4.87
Sale and/or Maturity of Investments
2.37 2.27 10.00 62 2.92 34 0.81 5.41 66 26 549
Other Investing Activities, net
2.77 -1.32 1.48 -1.93 3.22 11 9.20 1.69 -16 -0.36 0.20
Net Cash From Financing Activities
35 76 -21 -28 40 53 187 145 8.67 -40 -407
Net Cash From Continuing Financing Activities
35 76 -21 -28 40 53 187 146 8.67 -40 -407
Issuance of Debt
128 125 77 68 247 135 300 541 311 -160 183
Issuance of Common Equity
- - 114 28 187 131 278 - - -0.01 56
Repayment of Debt
-71 -56 -224 -95 -366 -178 -370 -360 -252 159 -454
Payment of Dividends
-17 -17 -17 -19 -19 -22 -23 -26 -26 -26 -26
Other Financing Activities, Net
-4.44 24 29 -11 -8.75 -14 1.48 -8.77 -24 -12 -165
Cash Interest Paid
31 33 32 31 32 25 28 26 30 25 27
Cash Income Taxes Paid
0.13 0.05 0.03 0.16 0.02 0.01 0.12 0.21 - 0.08 0.01

Annual Balance Sheets for Acadia Realty Trust

This table presents Acadia Realty Trust's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets
3,032 3,996 247 3,959 4,309 4,131 4,262 4,303 4,291 4,371 4,837
Cash and Due from Banks
73 72 75 21 16 19 18 17 17 17 39
Restricted Cash
37 23 11 14 14 11 9.81 15 7.81 23 18
Loans and Leases, Net of Allowance
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Premises and Equipment, Net
2,438 3,095 - 3,161 3,296 3,191 3,219 3,343 3,517 3,544 3,984
Mortgage Servicing Rights
147 276 161 112 115 101 154 124 125 127 155
Other Assets
337 530 - 651 868 810 861 803 590 646 642
Total Liabilities & Shareholders' Equity
3,032 3,996 0.00 3,959 4,309 4,131 4,262 4,303 4,291 4,371 4,837
Total Liabilities
1,511 1,818 0.00 1,877 2,122 2,081 2,112 2,054 2,158 1,839 2,208
Short-Term Debt
21 0.00 - 0.00 61 138 113 168 213 14 90
Other Short-Term Payables
139 - - - 342 269 251 215 248 257 302
Long-Term Debt
1,338 1,489 - 1,551 1,647 1,569 1,699 1,625 1,657 1,523 1,773
Other Long-Term Liabilities
13 259 - 326 72 104 49 46 40 44 43
Commitments & Contingencies
0.00 0.00 - 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Redeemable Noncontrolling Interest
- - - - - - 0.00 68 50 31 9.11
Total Equity & Noncontrolling Interests
1,521 2,178 0.00 2,082 2,187 2,050 2,150 2,181 2,083 2,502 2,620
Total Preferred & Common Equity
1,100 1,589 0.00 1,460 1,542 1,441 1,522 1,692 1,637 2,066 2,226
Total Common Equity
1,100 1,589 0.00 1,460 1,542 1,441 1,522 1,692 1,637 2,066 2,226
Common Stock
1,092 1,595 - 1,549 1,706 1,683 1,754 1,945 1,954 2,436 2,711
Retained Earnings
13 -5.64 - -90 -133 -167 -197 -300 -349 -409 -501
Accumulated Other Comprehensive Income / (Loss)
-4.46 -0.80 - 0.52 -31 -75 -36 47 32 39 16
Noncontrolling Interest
421 590 - 622 645 609 628 489 446 436 395

Quarterly Balance Sheets for Acadia Realty Trust

This table presents Acadia Realty Trust's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026
Period end date 9/30/2022 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025 6/30/2025 9/30/2025 3/31/2026
Total Assets
4,363 4,194 4,204 4,281 4,272 4,251 4,276 4,736 4,876 4,875 4,533
Cash and Due from Banks
18 17 17 19 19 32 46 32 43 49 31
Restricted Cash
13 14 12 7.87 8.12 23 23 24 25 26 17
Loans and Leases, Net of Allowance
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Premises and Equipment, Net
3,374 3,401 3,387 3,483 3,500 3,447 3,451 3,895 3,963 3,994 3,588
Mortgage Servicing Rights
124 124 124 124 119 127 127 126 155 155 154
Other Assets
834 603 628 612 599 601 612 642 679 646 742
Total Liabilities & Shareholders' Equity
4,363 4,194 4,204 4,281 4,272 4,251 4,276 4,736 4,876 4,875 4,533
Total Liabilities
2,082 2,001 2,006 2,101 2,000 1,971 1,866 1,947 2,148 2,210 1,889
Short-Term Debt
178 173 180 192 115 96 56 0.00 54 65 92
Other Short-Term Payables
219 210 201 240 238 238 245 275 299 304 251
Long-Term Debt
1,640 1,574 1,583 1,628 1,609 1,599 1,524 1,626 1,751 1,797 1,505
Other Long-Term Liabilities
45 44 42 41 38 37 42 46 45 44 41
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Redeemable Noncontrolling Interest
72 63 60 55 45 41 35 26 21 9.11 8.46
Total Equity & Noncontrolling Interests
2,209 2,130 2,138 2,124 2,226 2,239 2,375 2,763 2,706 2,656 2,636
Total Preferred & Common Equity
1,703 1,671 1,686 1,685 1,761 1,781 1,927 2,298 2,269 2,246 2,277
Total Common Equity
1,703 1,671 1,686 1,685 1,761 1,781 1,927 2,298 2,269 2,246 2,277
Common Stock
1,940 1,945 1,948 1,950 2,078 2,116 2,305 2,705 2,707 2,709 2,756
Retained Earnings
-287 -304 -312 -331 -364 -382 -395 -434 -458 -480 -499
Accumulated Other Comprehensive Income / (Loss)
50 30 50 66 47 48 17 27 20 17 20
Noncontrolling Interest
506 459 452 439 465 457 448 465 437 410 358

Annual Metrics And Ratios for Acadia Realty Trust

This table displays calculated financial ratios and metrics derived from Acadia Realty Trust's official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Growth Metrics
- - - - - - - - - - -
Profitability Metrics
- - - - - - - - - - -
Valuation Ratios
- - - - - - - - - - -
Leverage & Solvency
- - - - - - - - - - -
Liquidity Ratios
- - - - - - - - - - -
Cash Flow Metrics
- - - - - - - - - - -
Efficiency Ratios
- - - - - - - - - - -
Capital & Investment Metrics
- - - - - - - - - - -
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$0.94 $0.94 $0.73 $0.38 $0.62 ($0.10) $0.26 ($0.38) $0.20 $0.19 $0.10
Adjusted Weighted Average Basic Shares Outstanding
70.46M 84.70M 83.74M 81.70M 82.13M 86.28M 93.60M 96.27M 95.28M 108.23M 128.62M
Adjusted Diluted Earnings per Share
$0.94 $0.00 $0.73 $0.38 $0.62 ($0.10) $0.26 ($0.40) $0.20 $0.19 $0.10
Adjusted Weighted Average Diluted Shares Outstanding
70.46M 84.70M 83.74M 81.70M 82.13M 86.28M 93.60M 96.27M 95.28M 108.26M 128.66M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.73 $0.38 $0.62 ($0.10) $0.26 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
70.46M 84.70M 83.74M 81.70M 82.13M 86.28M 93.60M 96.27M 102.58M 119.68M 131.04M
Debt Service Ratios
- - - - - - - - - - -
Payout Ratios
- - - - - - - - - - -

Quarterly Metrics And Ratios for Acadia Realty Trust

This table displays calculated financial ratios and metrics derived from Acadia Realty Trust's official financial filings.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
DEI Shares Outstanding
- - - - - - - - - - 131,039,388.00
DEI Adjusted Shares Outstanding
- - - - - - - - - - 131,039,388.00
DEI Earnings Per Adjusted Shares Outstanding
- - - - - - - - - - 1.06
Growth Metrics
- - - - - - - - - - -
Revenue Growth
-14.05% -103.46% 10.17% -1.71% 17.29% 190.19% 21.70% 19.33% 18.13% - 155.06%
EBITDA Growth
464.52% 706.18% 6.91% -15.48% 54.99% -22.94% -6.69% -31.14% -6.81% - 439.92%
EBIT Growth
63.23% 163.69% 4.25% -163.00% 104.24% -72.70% -156.53% -4,249.87% -376.61% - 1,919.76%
NOPAT Growth
63.23% 552.53% 32.60% -160.82% 106.05% -61.37% -156.53% -3,243.24% -293.86% - 2,144.00%
Net Income Growth
81.83% -157.29% -131.17% -42.51% 175.33% 111.33% -70.00% -1,423.77% -189.40% - 1,293.37%
EPS Growth
96.72% -133.33% -78.57% -88.89% 450.00% 900.00% -66.67% 0.00% -57.14% - 2,100.00%
Operating Cash Flow Growth
-28.13% 24.01% -56.27% 6.55% 73.56% -6.70% -0.37% 102.33% -23.03% - 21.11%
Free Cash Flow Firm Growth
147.76% 161.56% -120.56% -107.67% -88.50% -220.02% -634.12% -3,742.47% -4,605.40% - 173.88%
Invested Capital Growth
-2.43% -0.95% 1.40% 0.36% -0.25% 1.64% 10.49% 13.99% 13.47% - -3.95%
Revenue Q/Q Growth
459.80% -396.79% -54.01% -124.29% 514.92% 128.22% -47.08% -4.47% 2.39% - 165.74%
EBITDA Q/Q Growth
-40.16% 129.88% 23.64% 4.48% 9.73% 14.29% -28.79% -17.48% 44.40% - 414.70%
EBIT Q/Q Growth
-362.82% 257.12% 58.56% 38.54% 117.68% 911.96% -333.27% -44.00% 66.64% - 2,381.12%
NOPAT Q/Q Growth
-295.00% 257.12% 58.56% 20.03% 119.39% 903.68% -264.84% -44.00% 66.64% - 3,868.92%
Net Income Q/Q Growth
-691.13% 37.09% 33.00% 123.07% 674.59% -90.53% -1,104.91% -79.65% 47.69% - 3,826.36%
EPS Q/Q Growth
-122.22% 50.00% 400.00% -66.67% 600.00% 14.29% -87.50% 0.00% 200.00% - 340.00%
Operating Cash Flow Q/Q Growth
-14.61% 58.11% -35.98% 23.25% 39.11% -15.00% -31.63% 150.29% -47.08% - -25.31%
Free Cash Flow Firm Q/Q Growth
-58.56% -44.42% -289.66% 70.92% 162.13% -679.90% -600.62% -32.86% 4.62% - 175.08%
Invested Capital Q/Q Growth
0.98% 0.10% -0.21% -0.50% 0.36% 2.00% 8.47% 2.65% -0.10% - -5.61%
Profitability Metrics
- - - - - - - - - - -
EBITDA Margin
38.72% 0.00% 44.98% 0.00% 51.17% 25.63% 34.48% 29.79% 42.01% - 80.10%
EBIT Margin
-18.58% 0.00% -6.23% 0.00% 0.67% 2.98% -13.12% -19.78% -6.44% - 61.71%
Profit (Net Income) Margin
-26.41% 0.00% -9.57% 0.00% 16.96% 0.70% -13.36% -25.13% -12.84% - 61.05%
Tax Burden Percent
99.75% 100.52% 100.45% 91.08% 99.88% 99.06% 101.01% 101.02% 100.02% - 99.99%
Interest Burden Percent
142.52% -56.63% 152.95% -63.32% 2,529.69% 23.86% 100.80% 125.75% 199.18% - 98.93%
Effective Tax Rate
0.00% 0.00% 0.00% 8.92% 0.12% 0.94% 0.00% 0.00% 0.00% - 0.01%
Return on Invested Capital (ROIC)
-1.11% 0.00% -0.30% 0.00% 0.05% 0.21% -0.67% -1.04% -0.35% - 6.85%
ROIC Less NNEP Spread (ROIC-NNEP)
-1.57% 0.00% -0.51% 0.00% 0.74% 0.00% -0.89% -1.58% -0.77% - 6.75%
Return on Net Nonoperating Assets (RNNOA)
-1.28% 0.00% -0.40% 0.00% 0.55% 0.00% -0.59% -1.10% -0.52% - 4.01%
Return on Equity (ROE)
-2.39% -0.08% -0.70% 0.00% 0.60% 0.21% -1.26% -2.15% -0.87% - 10.85%
Cash Return on Invested Capital (CROIC)
2.57% 1.06% -1.81% -0.91% -0.08% -1.67% -10.16% -13.48% -13.16% - 6.58%
Operating Return on Assets (OROA)
-1.49% 0.00% -0.40% 0.00% 0.04% 0.20% -0.89% -1.39% -0.47% - 6.40%
Return on Assets (ROA)
-2.11% 0.00% -0.61% 0.00% 1.12% 0.05% -0.91% -1.76% -0.94% - 6.33%
Return on Common Equity (ROCE)
-1.81% -0.06% -0.54% 0.00% 0.47% 0.17% -1.01% -1.74% -0.72% - 9.14%
Return on Equity Simple (ROE_SIMPLE)
0.27% 0.00% -1.74% -1.78% -0.17% 0.00% 0.15% -0.85% -1.89% - 4.86%
Net Operating Profit after Tax (NOPAT)
-8.01 13 -3.12 -2.50 0.48 4.86 -8.01 -12 -3.85 - 141
NOPAT Margin
-13.00% 0.00% -4.36% 0.00% 0.67% 2.95% -9.19% -13.85% -4.51% - 61.71%
Net Nonoperating Expense Percent (NNEP)
0.45% 1.25% 0.22% -0.24% -0.69% 0.22% 0.22% 0.54% 0.41% - 0.09%
SG&A Expenses to Revenue
24.77% 0.00% 26.64% 0.00% 19.87% 10.17% 20.95% 21.03% 19.48% - 8.01%
Operating Expenses to Revenue
118.58% 0.00% 106.23% 0.00% 99.33% 97.02% 113.12% 119.78% 106.44% - 38.29%
Earnings before Interest and Taxes (EBIT)
-11 18 -4.46 -2.74 0.49 4.91 -11 -16 -5.50 - 141
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
24 55 32 34 37 42 30 25 36 - 183
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
0.78 0.95 0.91 1.04 1.28 1.40 1.09 1.07 1.18 - 1.10
Price to Tangible Book Value (P/TBV)
0.78 0.95 0.91 1.04 1.28 1.40 1.09 1.07 1.18 - 1.10
Price to Revenue (P/Rev)
3.80 0.00 5.90 6.80 8.76 9.92 8.17 7.59 7.91 - 5.22
Price to Earnings (P/E)
52.15 78.50 164.10 948.70 209.79 133.53 125.43 118.58 149.04 - 54.75
Dividend Yield
5.22% 4.40% 4.28% 4.02% 3.11% 3.06% 3.63% 4.20% 3.92% - 4.18%
Earnings Yield
1.92% 1.27% 0.61% 0.11% 0.48% 0.75% 0.80% 0.84% 0.67% - 1.83%
Enterprise Value to Invested Capital (EV/IC)
0.90 0.97 0.95 1.00 1.12 1.19 1.03 1.02 1.07 - 1.04
Enterprise Value to Revenue (EV/Rev)
10.41 0.00 14.01 14.67 15.82 16.66 14.88 14.44 14.53 - 9.20
Enterprise Value to EBITDA (EV/EBITDA)
26.54 26.24 31.68 34.92 35.09 33.45 31.94 35.11 37.52 - 16.08
Enterprise Value to EBIT (EV/EBIT)
0.00 626.35 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 40.64
Enterprise Value to NOPAT (EV/NOPAT)
798.82 894.78 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 39.91
Enterprise Value to Operating Cash Flow (EV/OCF)
24.35 25.05 31.17 32.09 31.20 34.57 32.54 26.72 29.75 - 25.63
Enterprise Value to Free Cash Flow (EV/FCFF)
34.65 91.62 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 15.51
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
0.84 0.88 0.76 0.74 0.66 0.61 0.58 0.66 0.70 - 0.60
Long-Term Debt to Equity
0.75 0.78 0.71 0.70 0.63 0.60 0.58 0.64 0.67 - 0.57
Financial Leverage
0.82 0.84 0.78 0.77 0.74 0.73 0.66 0.70 0.68 - 0.59
Leverage Ratio
1.94 1.96 1.90 1.89 1.86 1.86 1.78 1.82 1.80 - 1.71
Compound Leverage Factor
2.76 -1.11 2.90 -1.20 47.17 0.44 1.79 2.29 3.59 - 1.69
Debt to Total Capital
45.51% 46.71% 43.14% 42.66% 39.59% 37.78% 36.83% 39.81% 41.13% - 37.65%
Short-Term Debt to Total Capital
4.81% 5.33% 2.87% 2.43% 1.40% 0.34% 0.00% 1.18% 1.44% - 2.16%
Long-Term Debt to Total Capital
40.70% 41.38% 40.27% 40.23% 38.19% 37.43% 36.83% 38.63% 39.69% - 35.49%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Noncontrolling Interests to Total Capital
12.36% 12.40% 12.78% 12.53% 12.11% 11.47% 11.12% 10.11% 9.26% - 8.65%
Common Equity to Total Capital
42.13% 40.89% 44.08% 44.81% 48.29% 50.76% 52.06% 50.07% 49.61% - 53.70%
Debt to EBITDA
13.42 12.58 14.32 14.85 12.41 10.59 11.37 13.69 14.42 - 5.81
Net Debt to EBITDA
13.22 12.41 14.10 14.37 11.86 10.32 10.98 13.18 13.84 - 5.63
Long-Term Debt to EBITDA
12.00 11.14 13.37 14.01 11.97 10.49 11.37 13.29 13.92 - 5.47
Debt to NOPAT
403.75 428.90 -102.66 -77.94 -117.81 -870.00 -201.20 -103.48 -82.12 - 14.41
Net Debt to NOPAT
397.72 423.10 -101.06 -75.41 -112.64 -847.53 -194.24 -99.59 -78.81 - 13.97
Long-Term Debt to NOPAT
361.09 379.99 -95.83 -73.51 -113.63 -862.08 -201.20 -100.41 -79.25 - 13.59
Noncontrolling Interest Sharing Ratio
24.05% 24.04% 23.14% 0.00% 21.30% 20.64% 19.79% 19.10% 17.78% - 15.79%
Liquidity Ratios
- - - - - - - - - - -
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
91 51 -58 -17 11 -61 -427 -568 -541 - 315
Operating Cash Flow to CapEx
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 644.19%
Free Cash Flow to Firm to Interest Expense
3.67 2.06 -2.45 -0.72 0.45 -2.78 -18.38 -24.05 -22.28 - 14.27
Operating Cash Flow to Interest Expense
1.03 1.64 1.10 1.36 1.91 1.73 1.11 2.75 1.41 - 1.42
Operating Cash Flow Less CapEx to Interest Expense
1.03 1.64 1.10 1.36 1.91 1.73 1.11 2.75 1.41 - 1.20
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.08 0.00 0.06 0.06 0.07 0.07 0.07 0.07 0.07 - 0.10
Fixed Asset Turnover
0.10 0.00 0.08 0.08 0.08 0.08 0.08 0.09 0.09 - 0.13
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
4,000 4,004 3,995 3,975 3,990 4,070 4,414 4,531 4,527 - 4,240
Invested Capital Turnover
0.09 0.00 0.07 0.07 0.07 0.07 0.07 0.08 0.08 - 0.11
Increase / (Decrease) in Invested Capital
-99 -38 55 14 -10 66 419 556 538 - -174
Enterprise Value (EV)
3,601 3,902 3,813 3,988 4,467 4,855 4,567 4,626 4,846 - 4,420
Market Capitalization
1,314 1,560 1,605 1,849 2,473 2,891 2,507 2,432 2,640 - 2,505
Book Value per Share
$17.68 $17.17 $17.24 $17.27 $18.29 $17.26 $19.20 $17.33 $17.14 - $17.38
Tangible Book Value per Share
$17.68 $17.17 $17.24 $17.27 $18.29 $17.26 $19.20 $17.33 $17.14 - $17.38
Total Capital
4,000 4,004 3,995 3,975 3,990 4,070 4,414 4,531 4,527 - 4,240
Total Debt
1,820 1,870 1,724 1,696 1,580 1,537 1,626 1,804 1,862 - 1,596
Total Long-Term Debt
1,628 1,657 1,609 1,599 1,524 1,523 1,626 1,751 1,797 - 1,505
Net Debt
1,793 1,845 1,697 1,641 1,510 1,498 1,569 1,736 1,787 - 1,547
Capital Expenditures (CapEx)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 4.87
Net Nonoperating Expense (NNE)
8.26 23 3.73 -4.08 -12 3.70 3.64 9.40 7.11 - 1.51
Net Nonoperating Obligations (NNO)
1,820 1,870 1,724 1,696 1,580 1,537 1,626 1,804 1,862 - 1,596
Total Depreciation and Amortization (D&A)
35 37 37 36 36 37 42 41 41 - 42
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
($0.02) ($0.01) $0.03 $0.01 $0.07 $0.08 $0.01 $0.01 $0.03 $0.05 $0.22
Adjusted Weighted Average Basic Shares Outstanding
95.32M 95.28M 102.13M 103.59M 108.35M 108.23M 121.33M 130.98M 131.02M 128.62M 131.25M
Adjusted Diluted Earnings per Share
($0.02) ($0.01) $0.03 $0.01 $0.07 $0.08 $0.01 $0.01 $0.03 $0.05 $0.22
Adjusted Weighted Average Diluted Shares Outstanding
95.32M 95.28M 102.13M 103.59M 108.35M 108.26M 121.33M 130.98M 131.02M 128.66M 131.33M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
95.34M 102.58M 103.18M 105.33M 119.65M 119.68M 130.96M 131.01M 131.03M 131.04M 133.52M
Normalized Net Operating Profit after Tax (NOPAT)
-6.59 13 -3.12 -80 1.99 4.86 3.24 1.19 4.95 - 141
Normalized NOPAT Margin
-10.71% 0.00% -4.36% 0.00% 2.75% 2.95% 3.71% 1.43% 5.80% - 61.98%
Pre Tax Income Margin
-26.48% 0.00% -9.52% 0.00% 16.98% 0.71% -13.23% -24.87% -12.83% - 61.05%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
-0.46 0.73 -0.19 -0.12 0.02 0.22 -0.49 -0.70 -0.23 - 6.38
NOPAT to Interest Expense
-0.32 0.51 -0.13 -0.11 0.02 0.22 -0.34 -0.49 -0.16 - 6.38
EBIT Less CapEx to Interest Expense
-0.46 0.73 -0.19 -0.12 0.02 0.22 -0.49 -0.70 -0.23 - 6.16
NOPAT Less CapEx to Interest Expense
-0.32 0.51 -0.13 -0.11 0.02 0.22 -0.34 -0.49 -0.16 - 6.16
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
1,519.63% -3,920.41% -224.16% -220.43% -2,206.27% 937.74% 2,452.62% -466.59% -228.26% - 94.63%
Augmented Payout Ratio
1,519.63% -3,920.41% -224.16% -220.43% -2,206.27% 937.74% 2,452.62% -466.59% -228.26% - 94.63%

Financials Breakdown Chart

Key Financial Trends

Here are the top, investor-focused takeaways for Acadia Realty Trust (AKR) based on the quarterly statements across roughly the last four years. Figures are in USD, and I’ve highlighted trends that could matter to retail investors.

  • Strong, ongoing operating cash flow: Net cash from continuing operating activities has remained positive across the period, with recent quarters showing substantial flow—e.g., about $64.8 million in Q2 2025 and about $41.0–$42.0 million in Q4 2025, supporting debt service and distributions.
  • Solid per-share dividend in 2025: Cash dividends to common per share were $0.18 in Q1 2025 and $0.20 in subsequent quarters (Q2–Q4 2025), indicating a stable or modestly growing income stream for shareholders.
  • Balanced, growing asset base: Total assets rose from roughly $4.28 billion (2023) to about $4.88 billion by 2025 Q3, signaling growth and scale in the portfolio.
  • Robust equity base and liquidity: Total common equity sits around $2.25–$2.66 billion in the latest quarters, with cash and due from banks around $49 million (Q3 2025), reinforcing a solid liquidity and equity cushion for the REIT.
  • Revenue volatility vs. year-ago levels: Total revenue was about $71.7–$85.8 million in late 2024–2025 quarters but was markedly higher in 2024 (e.g., $164.9 million in 2024 Q4), indicating near-term revenue seasonality or variability across periods.
  • Non-interest income shows swings: Total non-interest income was roughly $180.2 million in 2024 Q4 but about $104.8–$104.8 million in 2025 Q4, suggesting variability in non-interest streams from quarter to quarter.
  • Net interest income remains negative in many quarters: Net interest income/expense straddles negative territory in multiple quarters, reflecting financing costs that offset other income lines.
  • Debt levels are meaningful but typical for a REIT: Long-term debt tends to run in the ~$1.6–$1.9 billion range, with total liabilities near $2.0–$2.2 billion in recent periods, implying a moderate to high leverage profile common to property REITs.
  • Earnings volatility persists: Quarterly earnings swing from positive to negative—e.g., Q3 2025 shows a sizable loss while Q4 2025 returns to a positive net income—highlighting earnings volatility that may affect near-term performance visibility.
  • Rising impairment charges in some quarters: Impairment charges appeared in several periods (e.g., $12.6M in Q3 2025 and $18.2M in Q2 2025), which can weigh on pretax income and reported earnings in those quarters.
05/21/26 02:00 AM ETAI Generated. May Contain Errors.

Acadia Realty Trust Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Acadia Realty Trust's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

Acadia Realty Trust's net income appears to be on a downward trend, with a most recent value of -$40.01 million in 2025, falling from $149.97 million in 2015. The previous period was $8.14 million in 2024. See Acadia Realty Trust's forecast for analyst expectations on what's next for the company.

Over the last 10 years, Acadia Realty Trust's total revenue changed from $178.37 million in 2015 to $341.68 million in 2025, a change of 91.6%.

Acadia Realty Trust's total liabilities were at $2.21 billion at the end of 2025, a 20.1% increase from 2024, and a 46.1% increase since 2015.

In the past 10 years, Acadia Realty Trust's cash and equivalents has ranged from $15.85 million in 2019 to $74.82 million in 2017, and is currently $38.82 million as of their latest financial filing in 2025.



Financial statements for NYSE:AKR last updated on 5/3/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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