Acadia Realty Trust

AKR Real Estate Reit Retail

Acadia Realty Trust’s revenue for fiscal 2025 (year ended December 2025) was $410.8 million, up 14.2% from fiscal 2024. In the quarter to June 2026, revenue fell 5.14%, EPS grew 400.0%, free cash flow grew 93.2% and total debt fell 9.26%, each against the same quarter a year earlier. Dividend growth for five consecutive years, revenue growth for five.

18.59 0.06 +0.32%
Market cap
$2.6B
P/E
54.7×
Fwd P/E
54.2×
Dividend yield
4.30%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Insider Decisions trades per month

Total sells 0.55
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — — 1 — — — — —
Insider Ownership 0.00%

Capital & Financial Ratios $m

Market Cap 2,590.00
Revenue 404.19
Net Income 154.53
Free Cash Flow 561.90
Net Debt 1,587.79
Current Ratio 1.13
Debt/Equity 0.61
P/E ratio 54.68 (above 35: high)
Fwd P/E 54.20 (above 35: high)
P/S ratio 6.15
P/B ratio 0.93
Past 5Y EPS Growth —
This Y EPS Growth 113.16% (at or above 15%: strong)
Next Y EPS Growth (22.37%) (below 0%: weak)
Next Y revenue growth (7.41%) (below 0%: weak)
Next 5Y EPS Growth 20.66% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 47.50%
10-year low 10-year high
P/S against its own 10 years 30.81%
10-year low 10-year high
P/B against its own 10 years 46.37%
10-year low 10-year high
EV/Sales against its own 10 years 20.46%
10-year low 10-year high
EV/FCF against its own 10 years 0.72%
10-year low 10-year high

Dividends

Payout Ratio 2.35
Annual Dividend Rate 0.80
Annual Dividend Yield 4.30%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 0.80
0.20
0.20
0.20
2025 0.80
0.20
0.20
0.20
0.20
2024 0.74
0.18
0.18
0.19
0.19
2023 0.72
0.18
0.18
0.18
0.18
2022 0.72
0.18
0.18
0.18
0.18
2021 0.60
0.15
0.15
0.15
0.15
2020 0.29
0.29
2019 1.13
0.28
0.28
0.28
0.29
2018 1.09
0.27
0.27
0.27
0.28
2017 1.05
0.26
0.26
0.26
0.27
2016 0.75
0.25
0.25
0.25
0.15
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 25 40 57 49
Receivables 50 58 65 55
Inventory — — — —
Other — — — —
200 224 277 259
2023 2024 2025 Q'26
Payables 229 233 273 230
ST’ Debt — — — —
Other — — — —
229 233 273 230

Compound Annual Growth %

10y 5y 3y
Sales 7.51% 10.36% 7.98%
Cash Flow 3.93% 9.94% 7.82%
Earnings (12.58%) 0.00% 0.00%
Book Value 5.59% 5.03% 6.30%

Revenue $m

Mar Jun Sep Dec Year
’26 103 95 — — —
’25 104 101 101 105 411
’24 91 87 88 93 360
’23 82 90 81 86 339
’22 82 84 80 81 326
’21 68 73 72 79 292
’20 71 64 51 64 251
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 31 58 — — —
’25 26 65 34 42 167
’24 26 32 45 38 140
’23 59 30 26 41 156
’22 27 38 36 33 133
’21 31 20 21 34 105
’20 28 31 23 21 104
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 470 (5) — — —
’25 (186) (68) 34 63 (157)
’24 13 103 (4) (44) 68
’23 47 12 7 (37) 29
’22 (16) (5) 74 62 115
’21 47 52 (27) (105) (34)
’20 9 22 15 21 67
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 0.22 0.05 — — —
’25 0.01 0.01 0.03 0.04 0.10
’24 0.03 0.02 0.07 0.07 0.19
’23 0.14 0.09 (0.02) (0.02) 0.20
’22 0.18 0.00 (0.61) 0.04 (0.40)
’21 0.06 0.04 0.13 0.03 0.26
’20 (0.10) 0.22 (0.10) (0.12) (0.10)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 30.25 26.70 21.34 23.11 9.10 13.48 12.28 12.37 16.10 16.98

Analyst estimates 2026–2028

Powerpack
High 38.01 33.45 29.28 29.82 26.25 23.33 22.64 17.36 26.29 24.95
People
People Employees 122 118 112 118 120 123 115 117 129 138
Revenue/emp, $m 1.56 2.11 2.32 2.45 2.09 2.38 2.84 2.89 2.79 2.98
Income, $m
Income, $m Revenue 190 249 260 290 251 292 326 339 360 411
Gross margin, % 73.74 69.46 69.10 69.53 60.93 66.20 68.76 67.97 68.85 69.93
EBT 53 65 (15) 25 (65) 26 (65) (1) 8 (40)
EBT margin, % 27.65 26.28 (5.69) 8.53 (26.08) 8.93 (19.99) (0.43) 2.32 (9.64)
Net income 135 64 (16) 23 (66) 26 (65) (2) 8 (40)
Depreciation 73 111 124 129 152 128 136 142 147 166
Per share, $
Per share, $ Revenue 2.49 2.97 3.16 3.43 2.90 3.34 3.45 3.55 3.32 3.19
Earnings 0.94 0.73 0.38 0.62 (0.10) 0.26 (0.38) 0.20 0.19 0.10
Cash flow 1.44 1.37 1.17 1.56 1.20 1.20 1.41 1.63 1.30 1.30
Capex (4.53) 0.72 (1.02) (3.79) (0.43) (1.58) (0.19) (1.33) (0.67) (2.52)
Free cash flow (3.09) 2.09 0.15 (2.24) 0.78 (0.38) 1.22 0.31 0.63 (1.22)
Book value 28.57 26.48 25.36 25.90 23.72 24.53 23.06 21.86 23.12 20.37
Shares, m 76 84 82 84 86 88 95 95 108 129
Valuation, ×
Valuation, × P/E 33.98 38.54 62.53 41.82 0.00 83.96 0.00 90.42 130.38 228.22
P/S 13.09 9.34 7.51 7.56 4.89 6.54 4.20 4.83 7.27 6.43
P/B 1.14 1.05 0.94 1.00 0.60 0.89 0.63 0.79 1.05 1.01
EV/Sales 20.80 15.01 13.35 13.55 11.58 12.64 9.60 10.28 11.43 10.83
EV/FCF (16.78) 21.33 289.87 (20.77) 43.30 (109.96) 27.20 119.19 60.48 (28.26)
Cash, $m
Cash, $m Operating cash flow 110 115 96 131 104 105 133 156 140 167
Capex (345) 60 (84) (320) (37) (139) (18) (127) (72) (324)
Free cash flow (235) 175 12 (189) 67 (34) 115 29 68 (157)
Balance, $m
Balance, $m Working capital 206 81 (77) (111) (95) (11) 9 (30) (8) 3
Total debt 1,559 1,495 1,551 1,765 1,708 1,812 1,793 1,870 1,537 1,863
Net debt 1,464 1,409 1,516 1,735 1,678 1,785 1,761 1,845 1,498 1,806
Shareholders’ equity 2,178 2,216 2,082 2,187 2,050 2,150 2,181 2,083 2,502 2,620
Returns, %
Returns, % ROA 2.05 1.55 0.79 1.30 (0.21) 0.56 (0.83) 0.46 0.50 0.37
ROIC 0.38 1.14 0.57 1.16 (1.93) 0.49 1.08 0.78 1.03 0.70
ROE 3.89 2.80 1.46 2.52 (0.42) 1.12 (1.64) 0.93 0.94 0.66
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Acadia Realty Trust vs peers in Reit Retail (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
SKT Tanger Inc. $4.1B 31.9× 35.3× +11.15% (above 0%: growing) +7.41% (above 0%: growing) −86.16% (below 0%: shrinking) 70.92% 30.98% Compare
CURB Curbline Properties Corp. $3.1B 98.2× 183× +52.88% (above 0%: growing) −40.00% (below 0%: shrinking) −167.77% (below 0%: shrinking) 87.51% 19.18% Compare
AKR Acadia Realty Trust $2.6B 54.7× 54.2× −5.14% (below 0%: shrinking) +400.00% (above 0%: growing) +93.19% (above 0%: growing) 68.80% 23.76%
UE Urban Edge Properties $2.6B 36.1× 42.4× +7.62% (above 0%: growing) −69.57% (below 0%: shrinking) −84.13% (below 0%: shrinking) 70.52% 31.44% Compare
FCPT Four Corners Property Trust, Inc. $2.4B 19.8× 20.9× +7.65% (above 0%: growing) −3.57% (below 0%: shrinking) +15.78% (above 0%: growing) 85.43% 55.08% Compare
IVT InvenTrust Properties Corp. $2.3B 151× 192× +12.62% (above 0%: growing) −98.39% (below 0%: shrinking) −134.17% (below 0%: shrinking) 72.76% 15.29% Compare
NTST NETSTREIT Corp. $1.8B 120× 60.6× +26.92% (above 0%: growing) +50.00% (above 0%: growing) −756.51% (below 0%: shrinking) 90.67% 32.17% Compare
GTY Getty Realty Corporation $1.8B 17.2× 22.6× +10.88% (above 0%: growing) +50.00% (above 0%: growing) −85.46% (below 0%: shrinking) 96.01% 59.10% Compare
CBL CBL & Associates Properties, Inc. $1.5B 7.0× 14.9× +3.96% (above 0%: growing) +1,775.00% (above 0%: growing) +40.87% (above 0%: growing) 65.39% 30.53% Compare
Median of peers $2.4B 34.0× 38.8× +11.02% +1.92% −85.81% 79.10% 31.21%

All 26 Reit Retail stocks →

Acadia Realty Trust (AKR) key facts

  • Strength: Acadia Realty Trust’s revenue for fiscal 2025 (year ended December 2025) was $410.8 million, up 14.2% from fiscal 2024.
  • Acadia Realty Trust (AKR) is a Reit Retail company in the Real Estate sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, AKR traded at $18.59, a market capitalization of $2.6 billion.
  • Acadia Realty Trust pays an annual dividend of $0.80 per share, a yield of 4.30%.
  • Return on equity was 0.66% and debt-to-equity 0.61.
  • Its Piotroski F-score is 6 out of 9 for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Acadia Realty Trust (AKR) Latest News

8 Dec

stockrow.com/AKR · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com