12 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 10.4% per year over the past 5 years.
Net income has grown slower than revenue (-7.8% vs 10.4% per year).
Operating margin has expanded, at 12.0% in the latest year.
Financial health
Total debt ($1.9B) exceeds cash ($39M); net debt is $1.8B.
Total debt has grown slower than revenue (1.8% vs 10.4% per year).
Operating income covered interest expense 0.5× in the latest year, up from -1.7× 5 years ago.
Total debt is 9.0× EBITDA.
Shareholder returns
Dividends have been paid for 12 consecutive years, consuming 599.8% of earnings.
The dividend has grown 15.1% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2025
$411M
$17M
0.0%
12.0%
0.8%
0.3%
—
$1.9B
$39M
2024
$360M
$22M
0.0%
18.3%
1.0%
0.5%
—
$1.5B
$17M
2023
$339M
$20M
0.0%
14.5%
1.2%
0.5%
—
$1.9B
$17M
2022
$326M
—
0.0%
20.9%
0.0%
0.0%
—
$1.8B
$17M
2021
$292M
—
0.0%
10.5%
0.0%
0.0%
—
$1.8B
$18M
2020
$251M
—
0.0%
-45.9%
0.0%
0.0%
—
$1.7B
$19M
2019
$290M
—
0.0%
25.2%
0.0%
0.0%
—
$1.7B
$14M
2018
$260M
—
0.0%
12.6%
0.0%
0.0%
—
$1.6B
$20M
2017
$249M
—
0.0%
26.6%
0.0%
0.0%
—
$1.4B
$75M
2016
$190M
$73M
0.0%
11.5%
4.6%
1.8%
—
$1.5B
$72M
2015
—
$66M
—
—
6.0%
2.2%
—
$1.4B
$73M
2014
—
$71M
—
—
6.7%
2.6%
—
$992M
$218M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Sep '26
$95M
-$6M
0.0%
10.8%
-0.2%
-0.1%
—
$1.8B
$38M
Jun '26
$95M
$23M
0.0%
23.8%
1.0%
0.5%
—
$1.6B
$33M
Mar '26
$103M
$139M
0.0%
153.9%
6.1%
3.1%
—
$1.6B
$31M
Dec '25
—
$4M
—
—
0.2%
0.1%
—
$1.9B
$39M
Sep '25
$101M
-$11M
0.0%
12.6%
-0.5%
-0.2%
—
$1.9B
$49M
Jun '25
$101M
-$21M
0.0%
0.8%
-0.9%
-0.4%
—
$1.8B
$43M
Mar '25
$104M
-$12M
0.0%
14.7%
-0.5%
-0.2%
—
$1.6B
$32M
Dec '24
—
$1M
—
—
0.1%
0.0%
—
$1.5B
$17M
Sep '24
$88M
$12M
0.0%
19.9%
0.6%
0.3%
—
$1.6B
$46M
Jun '24
$87M
$2M
0.0%
20.4%
0.1%
0.0%
—
$1.7B
$32M
Mar '24
$91M
-$7M
0.0%
15.3%
-0.4%
-0.2%
—
$1.7B
$19M
Dec '23
$86M
-$10M
0.0%
12.4%
-0.6%
-0.2%
—
$1.9B
$17M
Sep '23
$81M
-$16M
0.0%
8.2%
-1.0%
-0.4%
—
$1.8B
$19M
Jun '23
$90M
$3M
0.0%
21.9%
0.2%
0.1%
—
$1.8B
$17M
Mar '23
$82M
$22M
0.0%
14.8%
1.3%
0.5%
—
$1.7B
$17M
Dec '22
$81M
-$4M
0.0%
20.5%
-0.2%
-0.1%
—
$1.8B
$17M
Sep '22
$80M
-$90M
0.0%
-17.5%
-5.3%
-2.1%
—
$1.8B
$18M
Jun '22
$84M
-$16M
0.0%
30.4%
-0.9%
-0.4%
—
$1.8B
$24M
Mar '22
$82M
$44M
0.0%
49.1%
2.7%
1.0%
—
$1.8B
$36M
Dec '21
$79M
-$6M
0.0%
13.2%
-0.4%
-0.1%
—
$1.8B
$18M
Valuation over time
How the market has priced AKR against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 118.6× (Jan '24) to 156.7× (Nov '26).
The price-to-sales ratio has risen from 5.9× (Mar '23) to 6.4× (Nov '26).
The dividend yield has risen from 3.4% (Mar '23) to 3.8% (Nov '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is AKR growing its revenue and profit?
Over the past 5 years, Acadia Realty Trust's revenue has grown 10.4% per year, and net income declined 7.8% per year. These are computed facts, not advice.
How much debt does AKR have?
As of FY2025, Acadia Realty Trust reported $1.9B of total debt against $39M of cash; operating income covered interest expense 0.5×.
What is AKR's profit margin?
In FY2025, gross margin was —, operating margin 12.0%, and net margin 4.1%.
What is AKR's P/E ratio?
Acadia Realty Trust's P/E (TTM) is 16.56 as of the 2026-11-03 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the AKR stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 156.7× as of Nov '26) can differ. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.