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Acadia Realty Trust is an equity real estate investment trust focused on delivering long-term, profitable growth. Acadia owns and operates a high-quality core real estate portfolio of street and open-air retail properties in the nation's most dynamic retail corridors, along with an investment management platform that targets opportunistic and value-add investments through its institutional co-investment vehicles Investment Management. Acadia Realty Trust was incorporated in 1993 in Maryland, USA.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $411M | $213M | $17M | $167M | 0.8% | 14.2% | -22.0% |
| 2024 | $360M | $240M | $22M | $140M | 1.0% | 6.2% | 8.9% |
| 2023 | $339M | $228M | $20M | $156M | 1.2% | 3.8% | -156.1% |
| 2022 | $326M | $151M | $-35M | $133M | -2.1% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 326.29 | 338.69 | 359.69 | 410.76 |
| Cost Of Revenue | - | 101.93 | 108.48 | 112.05 | 123.52 |
| Gross Profit | - | 224.36 | 230.22 | 247.64 | 287.24 |
| Operating Expense | - | 179.98 | 177.45 | 179.47 | 203.12 |
| Operating Income | - | 44.38 | 52.76 | 68.17 | 84.12 |
| EBITDA | - | 150.89 | 227.79 | 239.82 | 213.17 |
| EBIT | - | 14.97 | 91.80 | 100.91 | 55.71 |
| Pretax Income | - | -65.24 | -1.45 | 8.35 | -39.60 |
| Tax Provision | - | 0.01 | 0.30 | 0.21 | 0.41 |
| Net Income | - | -35.44 | 19.87 | 21.65 | 16.90 |
| Net Income Common Stockholders | - | -35.44 | 18.90 | 20.46 | 12.22 |
| Total Expenses | - | 281.91 | 285.93 | 291.52 | 326.64 |
| Interest Expense | - | 80.21 | 93.25 | 92.56 | 95.31 |
| Interest Income | - | 14.64 | 19.99 | 25.08 | 23.72 |
| Selling General And Administration | - | 44.07 | 41.47 | 40.56 | 45.66 |
| Normalized EBITDA | - | 162.03 | 201.06 | 247.34 | 257.58 |
| Normalized Income | - | -26.64 | -1.24 | 28.98 | 51.98 |
| Market Cap | 2,740.63 | 2,740.63 | 2,740.63 | 2,740.63 | 2,740.63 |
Real Estate sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Acadia Realty Trustthis co. | AKR | $3.5B | 162.21↑ premium | 1.23 | 0.8% | 21.69 |
| Tanger Inc. | SKT | $4.2B | 36.59 | 5.94 | 16.2% | 17.45 |
| The St. Joe Company | JOE | $4.1B | 35.34 | 5.33 | 15.1% | 19.43 |
| Broadstone Net Lease, Inc. | BNL | $3.8B | 39.75 | 1.32 | 3.3% | 17.58 |
| Blackstone Mortgage Trust, Inc. | BXMT | $3.4B | 30.92 |
| - |
| - |
| - |
| - |
| - |
| 0.97 |
| 3.1% |
| - |
| Cushman & Wakefield Limited | CWK | $3.3B | 38.12 | 1.72 | 4.5% | 10.70 |
| LXP Industrial Trust | LXP | $3.2B | 26.43 | 1.54 | 5.8% | 10.46 |
| Apple Hospitality REIT, Inc. | APLE | $3.1B | 17.75 | 0.99 | 5.6% | 10.56 |
| Curbline Properties Corp. | CURB | $3.0B | 74.46 | 1.55 | 2.1% | 24.85 |
| Peer Median | - | 35.97 | 1.55 | 5.0% | 17.45 | |