AKR financial statements
The full income statement, balance sheet, and cash-flow statement for Acadia Realty Trust (AKR), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 411M+14.2% | 360M+6.2% | 339M+3.8% | 326M+11.6% | 292M+16.6% | |
| Selling, general & administrative | 45.7M+12.6% | 40.6M-2.2% | 41.5M-5.9% | 44.1M+9.8% | 40.1M+12.1% | |
| General & administrative | 45.7M+12.6% | 40.6M-2.2% | 41.5M-5.9% | 44.1M+9.8% | 40.1M+12.1% | |
| Provision for credit losses | 0.00-100.0% | 725K+90.3% | 381K+240.1% | -272K-106.0% | 4.53M-81.5% | |
| Operating income | 49.4M-24.7% | 65.7M+33.8% | 49.1M-28.1% | 68.2M+122.6% | 30.7M+126.6% | |
| Interest expense | 95.3M+3.0% | 92.6M-0.7% | 93.3M+16.3% | 80.2M+17.9% | 68.0M-2.3% | |
| Interest & investment income | 23.7M-5.5% | 25.1M+25.5% | 20.0M+36.6% | 14.6M+61.5% | 9.06M+1.0% | |
| Equity-method income | -7.71M-150.8% | 15.2M+297.7% | -7.68M+76.7% | -32.9M-717.4% | 5.33M+274.4% | |
| Gain (loss) on equity securities | 14.5M+1.9% | 14.2M+206.0% | 4.64M | 0.00 | 0.00 | |
| Pre-tax income | -39.6M-574.2% | 8.35M+676.7% | -1.45M+97.8% | -65.2M-349.7% | 26.1M+139.9% | |
| Income tax | 412K+94.3% | 212K-29.6% | 301K+2408.3% | 12.0K-87.1% | 93.0K-65.4% | |
| 16.9M+107.6% | 8.14M+565.4% | -1.75M+95.1% | -35.4M-236.2% | 26.0M+139.6% | ||
| Income from continuing operations | 16.9M-22.0% | 21.6M+8.9% | 19.9M+156.1% | -35.4M-250.5% | 23.5M+362.3% | |
| Net income to non-controlling interest | -51.3M-817.5% | -5.60M+58.2% | -13.4M+44.9% | -24.3M-1077.8% | 2.48M+104.4% | |
| Net income to common | 16.9M-22.0% | 21.6M+8.9% | 19.9M+156.1% | -35.4M-250.5% | 23.5M+362.3% | |
| $0.10-47.4% | $0.19-5.0% | $0.20+150.0% | -$0.40-253.8% | $0.26+336.4% | ||
| EPS (basic) | $0.10-47.4% | $0.19-5.0% | $0.20+152.6% | -$0.38-246.2% | $0.26+336.4% | |
| Weighted-avg shares (diluted) | 129M+18.8% | 108M+13.6% | 95.3M+0.7% | 94.6M+8.0% | 87.7M+1.4% | |
| Dividends per share | $0.80+8.1% | $0.74+2.8% | $0.72+0.0% | $0.72+20.0% | $0.60-48.3% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Cash & equivalents | 38.8M+131.0% | 16.8M-3.9% | 17.5M+1.9% | 17.2M-3.3% | 17.7M-5.1% | |
| 4.84B+10.7% | 4.37B+1.9% | 4.29B-0.3% | 4.30B+1.0% | 4.26B+3.2% | ||
| Operating lease right-of-use | 23.6M-7.6% | 25.5M-12.8% | 29.3M-21.4% | 37.3M-8.5% | 40.7M-46.6% | |
| Intangible assets | 128M+47.7% | 86.9M-13.7% | 101M-1.7% | 102M-6.0% | 109M+8.5% | |
| 2.21B+20.1% | 1.84B-14.8% | 2.16B+5.1% | 2.05B-2.8% | 2.11B+1.5% | ||
| Long-term debt | 1.86B+21.2% | 1.54B-17.8% | 1.87B+4.3% | 1.79B-1.1% | 1.81B+6.1% | |
| Operating lease liability (total) | 26.0M-7.0% | 27.9M-11.6% | 31.6M-10.5% | 35.3M-9.0% | 38.8M-56.4% | |
| Finance lease liability (total) | 32.1M+2.4% | 31.4M-4.2% | 32.7M+366.2% | 7.02M+6.2% | 6.61M+5.2% | |
| 2.23B+7.7% | 2.07B+26.2% | 1.64B-3.2% | 1.69B+11.2% | 1.52B+5.6% | ||
| Common stock | 131K+9.2% | 120K+26.3% | 95.0K+0.0% | 95.0K+6.7% | 89.0K+3.5% | |
| Additional paid-in capital | 2.71B+11.3% | 2.44B+24.7% | 1.95B+0.4% | 1.95B+10.9% | 1.75B+4.2% | |
| Retained earnings | -501M-22.3% | -409M-17.3% | -349M-16.2% | -300M-52.8% | -197M-17.5% | |
| Accumulated other comprehensive income | 15.6M-59.7% | 38.6M+19.1% | 32.4M-30.7% | 46.8M+229.3% | -36.2M+51.6% | |
| Non-controlling interest | 395M-9.5% | 436M-2.3% | 446M-8.8% | 489M-22.1% | 628M+3.1% | |
| Total equity incl. non-controlling | 2.62B+4.7% | 2.50B+20.1% | 2.08B-4.5% | 2.18B+1.5% | 2.15B+4.9% | |
| Total liabilities & equity | 4.84B+10.7% | 4.37B+1.9% | 4.29B-0.3% | 4.30B+1.0% | 4.26B+3.2% | |
| Common shares issued | 131M+9.5% | 120M+25.5% | 95.4M+0.3% | 95.1M+6.5% | 89.3M+3.5% | |
| Common shares outstanding | 131M+9.5% | 120M+25.5% | 95.4M+0.3% | 95.1M+6.5% | 89.3M+3.5% | |
| Shares outstanding (cover) | 131M+9.5% | 120M+16.7% | 103M+6.6% | 96.3M+2.9% | 93.6M+8.5% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 167M+18.9% | 140M-9.8% | 156M+16.9% | 133M+26.9% | 105M+1.0% | ||
| Depreciation & amortization | 157M+13.4% | 139M+2.2% | 136M+0.0% | 136M+10.1% | 123M-16.2% | |
| Share-based compensation | 11.6M-9.2% | 12.8M+0.3% | 12.8M+14.7% | 11.1M-10.5% | 12.4M+13.9% | |
| Change in receivables | 5.56M-16.5% | 6.67M+362.6% | -2.54M-60.0% | -1.59M+78.5% | -7.38M-126.1% | |
| -450M-163.9% | -171M+18.2% | -209M-67.9% | -124M+37.5% | -199M-96.7% | ||
| Capital expenditure | 407M+151.9% | 162M+27.6% | 127M-47.8% | 243M+49.9% | 162M+663.1% | |
| Free cash flow | -240M-1037.9% | -21.1M-172.2% | 29.2M+126.7% | -109M-92.4% | -56.9M-168.7% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 301M+573.8% | 44.6M-2.7% | 45.9M+1147.8% | -4.38M-104.8% | 91.3M+7364.8% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 278M-39.7% | 460M | 0.00-100.0% | 119M+87.1% | 63.9M+385.3% | |
| Common stock repurchased | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 101M+32.8% | 76.3M+11.3% | 68.6M+6.2% | 64.6M+63.6% | 39.5M-21.3% | |
| Interest paid | 109M-8.5% | 119M-0.7% | 120M+83.6% | 65.1M+45.8% | 44.7M-36.5% | |
| Income taxes paid | 414K+95.3% | 212K-29.6% | 301K+2636.4% | 11.0K-92.5% | 147K+144.7% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 2.69B-6.9% | 2.89B+78.5% | 1.62B+18.9% | 1.36B-33.3% | 2.04B+66.9% | |
| P/E | 159.3×-55.2% | 355.3× | — | 52.3×-33.3% | 78.5× | |
| P/S | 6.6×-18.5% | 8.0×+65.6% | 4.9×+15.8% | 4.2×-40.0% | 7.0×+43.2% | |
| P/B | 1.2×-13.6% | 1.4×+45.6% | 1.0×+20.1% | 0.8×-40.4% | 1.3×+58.0% | |
| P/FCF | — | — | 16.4× | — | — | |
| Earnings yield | 0.63%+123.0% | 0.28% | — | 1.9%+49.9% | 1.3% | |
| FCF yield | — | — | 6.1% | — | — | |
| Dividend yield | 3.9%+27.2% | 3.1%-27.7% | 4.2%-15.5% | 5.0%+82.6% | 2.7%-66.4% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: AKR’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all AKR filings on SEC EDGAR → Not investment advice.
