Acadia Realty Trust (AKR) FY2024 results: revenue $360 million, up 6.2% on the year
Acadia Realty Trust (AKR) reported revenue of $360 million for fiscal 2024, the year ended 31 December 2024, up 6.2% on the year before. Net income was $22 million, up 8.9%, and diluted earnings per share $0.19. The figures are the company's own, from the 10-K it filed with the SEC on 13 February 2026.
Revenue
$360 million
+6.2% on the year
FY2017FY2024
Operating margin
18.3%
14.5% a year earlier
FY2017FY2024
Net income
$22 million
+8.9% on the year
FY2017FY2024
Diluted EPS
$0.19
-5.0% on the year
FY2017FY2024
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
140
156
133
-9.8%
Capital expenditure
80.2
69.5
51.0
+15.4%
Free cash flow
60.2
86.2
82.2
-30.2%
Free cash flow margin
16.7%
25.5%
25.2%
Cash from investing
-171
-209
-124
Cash from financing
44.6
45.9
-4.4
-2.7%
Depreciation and amortisation
139
136
136
+2.2%
Share-based compensation
12.8
12.8
11.1
+0.3%
Dividends paid
76.3
68.6
64.6
+11.3%
Dividend per share
$0.74
$0.72
$0.72
+2.8%
Diluted shares, weighted
108m
95m
95m
+13.6%
Shares outstanding at period end
120m
95m
95m
+25.5%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
2,066
1,637
1,692
+26.2%
Non-controlling interest
436
446
489
-2.3%
Redeemable equity
30.6
50.3
67.7
-39.2%
Debt
1,537
1,870
1,793
-17.8%
Other liabilities
302
287
261
+4.9%
Total liabilities and equity
4,371
4,291
4,303
+1.9%
Intangible assets
86.9
101
102
-13.7%
Cash and equivalents
16.8
17.5
17.2
-3.9%
Other assets
4,268
4,173
4,183
+2.3%
Total assets
4,371
4,291
4,303
+1.9%
10-K for the year ended 31 December 2024, filed 13 February 2026: the filing.