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
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
FCF
Total debt
Cash
2025
$411M
$17M
0.0%
12.0%
—
$1.9B
$39M
2024
$360M
$22M
0.0%
18.3%
—
$1.5B
$17M
2023
$339M
$20M
0.0%
14.5%
—
$1.9B
$17M
2022
$326M
—
0.0%
20.9%
—
$1.8B
$17M
2021
$292M
—
0.0%
10.5%
—
$1.8B
$18M
2020
$251M
—
0.0%
-45.9%
—
$1.7B
$19M
2019
$290M
—
0.0%
25.2%
—
$1.7B
$14M
2018
$260M
—
0.0%
12.6%
—
$1.6B
$20M
2017
$249M
—
0.0%
26.6%
—
$1.4B
$75M
2016
$190M
$73M
0.0%
11.5%
—
$1.5B
$72M
2015
—
$66M
—
—
—
$1.4B
$73M
2014
—
$71M
—
—
—
$992M
$218M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
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
FCF
Total debt
Cash
Mar '26
$103M
$139M
0.0%
153.9%
—
$1.6B
$31M
Dec '25
—
$4M
—
—
—
$1.9B
$39M
Sep '25
—
-$11M
—
—
—
$1.9B
$49M
Jun '25
—
-$21M
—
—
—
$1.8B
$43M
Mar '25
$104M
-$12M
0.0%
14.7%
—
$1.6B
$32M
Dec '24
—
$1M
—
—
—
$1.5B
$17M
Sep '24
$88M
$12M
0.0%
19.9%
—
$1.6B
$46M
Jun '24
$87M
$2M
0.0%
20.4%
—
$1.7B
$32M
Mar '24
$91M
-$7M
0.0%
15.3%
—
$1.7B
$19M
Dec '23
$86M
-$10M
0.0%
12.4%
—
$1.9B
$17M
Sep '23
$81M
-$16M
0.0%
8.2%
—
$1.8B
$19M
Jun '23
$90M
$3M
0.0%
21.9%
—
$1.8B
$17M
Mar '23
$82M
$22M
0.0%
14.8%
—
$1.7B
$17M
Dec '22
$81M
-$4M
0.0%
20.5%
—
$1.8B
$17M
Sep '22
$80M
-$90M
0.0%
-17.5%
—
$1.8B
$18M
Jun '22
$84M
-$16M
0.0%
30.4%
—
$1.8B
$24M
Mar '22
$82M
$44M
0.0%
49.1%
—
$1.8B
$36M
Dec '21
$79M
-$6M
0.0%
13.2%
—
$1.8B
$18M
Sep '21
$72M
$31M
0.0%
-2.1%
—
$1.8B
$16M
Jun '21
$73M
$452000
0.0%
17.7%
—
$1.7B
$33M
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 114.6× (Jan '24) to 171.5× (Jun '26).
The price-to-sales ratio has risen from 5.7× (Mar '23) to 7.1× (Jun '26).
The dividend yield has risen from 3.5% (Mar '23) to 3.5% (Jun '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?
As of Jun '26, Acadia Realty Trust traded at a price-to-earnings ratio of about 171.5× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. 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), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.