Acadia Realty Trust (AKR) FY2025 results: revenue $411 million, up 14.2% on the year
Acadia Realty Trust (AKR) reported revenue of $411 million for fiscal 2025, the year ended 31 December 2025, up 14.2% on the year before. Net income was $17 million, down 22.0%, and diluted earnings per share $0.10. The figures are the company's own, from the 10-K it filed with the SEC on 13 February 2026.
Revenue
$411 million
+14.2% on the year
FY2018FY2025
Operating margin
12.0%
18.3% a year earlier
FY2018FY2025
Net income
$17 million
-22.0% on the year
FY2018FY2025
Diluted EPS
$0.10
-47.4% on the year
FY2018FY2025
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
FY2025
FY2024
FY2023
On the year
Last 8 years
Operating cash flow
167
140
156
+18.9%
Capital expenditure
125
80.2
69.5
+55.7%
Free cash flow
42.1
60.2
86.2
-30.1%
Free cash flow margin
10.2%
16.7%
25.5%
Cash from investing
-450
-171
-209
Cash from financing
301
44.6
45.9
+573.8%
Depreciation and amortisation
157
139
136
+13.4%
Share-based compensation
11.6
12.8
12.8
-9.2%
Dividends paid
101
76.3
68.6
+32.8%
Dividend per share
$0.80
$0.74
$0.72
+8.1%
Diluted shares, weighted
129m
108m
95m
+18.8%
Shares outstanding at period end
131m
120m
95m
+9.5%
Balance sheet
$ million
FY2025
FY2024
FY2023
On the year
Last 8 years
Shareholders' equity
2,226
2,066
1,637
+7.7%
Non-controlling interest
395
436
446
-9.5%
Redeemable equity
9.1
30.6
50.3
-70.2%
Debt
1,863
1,537
1,870
+21.2%
Other liabilities
345
302
287
+14.3%
Total liabilities and equity
4,837
4,371
4,291
+10.7%
Intangible assets
128
86.9
101
+47.7%
Cash and equivalents
38.8
16.8
17.5
+131.0%
Other assets
4,670
4,268
4,173
+9.4%
Total assets
4,837
4,371
4,291
+10.7%
10-K for the year ended 31 December 2025, filed 13 February 2026: the filing.