REIT owning high-street urban retail (Manhattan, SF) and suburban shopping centers, plus a fund-management platform.
REIT owning high-street urban retail (Manhattan, SF) and suburban shopping centers, plus a fund-management platform.
Collects rent from retail tenants, with leases that can reset to higher rents as space is re-let, and runs institutional funds for outside investors, earning fees and a share of investment gains on top. Street-level shops in major cities are its distinctive holding beside suburban centers.
Moat: narrow (scale, installed base, brand). Prime urban retail corners in top cities are scarce, hard-to-replicate real estate.
Headquarters: Rye, New York, US · Employees: 109
Size Acadia Realty Trust (AKR) is a United States Real Estate company (Real Estate Investment Trusts) with a market value of $2.74B, the 1600th largest of 3,117 United States companies the cockpit tracks. Shares closed at $19.80 on 6 Nov 2026.
Performance Over six months the shares fell 9.1%, against -5.5% for the median peer and -1.1% for the United States market (cap-weighted) — 6th lowest of 21 in its peer set.
Growth Revenue fell 0.3% over the last twelve months (peer median +6.0%); the operating margin is 19.3% (peer median 46.9%).
Valuation It trades at 1.17× book value against a peer median of 1.28× (10th cheapest of 21).
Price implies The share price implies a return on equity of about 11.8%; Acadia Realty Trust delivers 1.6%, so the price asks more than the business earns today.
Short interest Short interest is 9.7% of the free float (15 Oct 2026).
Next results Next results expected around 16 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $398M | $411M | $360M | $346M | $327M |
| Revenue growth | — | +14% | +4% | +6% | — |
| Gross profit | $127M | $130M | $109M | $101M | $88.8M |
| EBITDA | $228M | $242M | $207M | $194M | $180M |
| Net income | $36.2M | $12.2M | $20.5M | $18.9M | -$36.2M |
| Free cash flow | $56.0M | $42.1M | $60.2M | $86.2M | $82.2M |
| Capital expenditure | $132M | $139M | $89.5M | $78.5M | $59.0M |
| Total debt | $1.97B | $2.02B | $1.67B | $2.01B | $1.91B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| Acadia Realty Trust AKR | $2.74B | -9% | 0% | 2% | 1.17× | 11.8% |
| Vornado Realty Trust VNO | $6.70B | +11% | +2% | 0% | 1.44× | 17.3% |
| SL Green Realty SLG | $3.88B | +11% | +9% | -3% | 1.12× | 14.6% |
| Regency Centers REG | $13.7B | -3% | +8% | 8% | 2.06× | 15.2% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | AKR | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +8.9% | +5.0% | 6th highest of 21 |
| 6-month return | -9.1% | -5.5% | 6th lowest of 21 |
| Return on equity | 1.6% | 7.3% | 3rd lowest of 21 |
| Price / book | 1.17× | 1.28× | 10th cheapest of 21 |
| Trailing P/E | 71.7× | 17.7× | 2nd most expensive of 21 |
| ROE the price implies | 11.8% | 7.6% | 5th most demanding of 21 |
| ROE delivered | 1.6% | 7.2% | 4th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Acadia Realty Trust AKR | United States | $2.74B | -9% | 0% | 2% | 1.17× | 11.8% | 1.6% |
| Frasers Logistics & Commercial Trust BUOU.SI | Singapore | $2.76B | -6% | 0% | 5% | 0.82× | 4.2% | 5.1% |
| Dynex Capital DX | United States | $2.77B | -20% | +142% | -2% | 0.98× | 9.6% | -2.0% |
| Hammerson HMSO.L | United Kingdom | $2.80B | +13% | +92% | 11% | 0.90× | 18.4% | 10.6% |
| Derwent London DLN.L | United Kingdom | $2.87B | +15% | +45% | 1% | 0.62× | 10.0% | 1.4% |
| DiamondRock Hospitality DRH | United States | $2.88B | +30% | +2% | 11% | 1.86× | 16.4% | 10.6% |
| Dream Industrial Real Estate Investment Trust DIR-UN.TO | Canada | $2.58B | -8% | +6% | 4% | 0.78× | 8.4% | 3.9% |
| Urban Edge Properties UE | United States | $2.58B | -6% | +6% | 8% | 1.95× | 16.9% | 8.0% |
| Four Corners Property Trust FCPT | United States | $2.57B | -7% | +10% | 8% | 1.58× | 12.2% | 7.5% |
| CapitaLand Ascott Trust HMN.SI | Singapore | $2.55B | -6% | +5% | 7% | 0.74× | 4.7% | 6.5% |
| Invincible Investment 8963.T | Japan | $2.94B | -1% | +10% | 9% | 1.31× | 6.2% | 8.9% |
| LTC Properties LTC | United States | $2.52B | +14% | +69% | 39% | 1.50× | 9.9% | 38.7% |
| Big Yellow BYG.L | United Kingdom | $2.50B | +11% | +2% | 5% | 0.72× | 8.8% | 4.8% |
| United Urban Investment 8960.T | Japan | $3.04B | -15% | -2% | 7% | 1.25× | 4.9% | 7.2% |
| InvenTrust Properties IVT | United States | $2.46B | +1% | +13% | 2% | 1.38× | 11.0% | 1.6% |
| ORIX JREIT 8954.T | Japan | $3.06B | -12% | +35% | 8% | 1.36× | 5.4% | 8.3% |
| Advance Residence Investment 3269.T | Japan | $2.42B | -18% | -4% | 7% | 1.54× | 5.8% | 7.3% |
| CT Real Estate Investment Trust CRT-UN.TO | Canada | $3.11B | +3% | +5% | 13% | 0.68× | 6.2% | 12.9% |
| Japan Hotel Reit Investment 8985.T | Japan | $3.14B | +7% | +15% | 8% | 1.44× | 6.8% | 8.5% |
| Daiwa House REIT Investment 8984.T | Japan | $3.15B | -13% | -9% | 5% | 1.01× | 4.4% | 4.9% |
| Japan Prime Realty Investment 8955.T | Japan | $2.37B | -7% | -13% | 7% | 1.31× | 5.2% | 6.8% |