AKR (Acadia Realty Trust) Operating Income: $78.5 Mil (TTM As of Jun. 2026)

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AKR Acadia Realty Trust AKR
65 GF Score
Price $22.47
GF Value $17.44
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Acadia Realty Trust Operating Income?

Acadia Realty Trust AKR +0.18% 65 Operating Income is $78.5 Mil as of Jun. 2026. GuruFocus rates AKR with a GF Score™ of 65/100 and a GF Value™ of $17.44 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Acadia Realty Trust's Operating Income for the three months ended in Jun. 2026 was $18.7 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was $78.5 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Acadia Realty Trust's Operating Income for the three months ended in Jun. 2026 was $18.7 Mil. Acadia Realty Trust's Revenue for the three months ended in Jun. 2026 was $95.4 Mil. Therefore, Acadia Realty Trust's Operating Margin % for the quarter that ended in Jun. 2026 was 19.60%.

Acadia Realty Trust's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Acadia Realty Trust's annualized ROC % for the quarter that ended in Jun. 2026 was 1.68%. Acadia Realty Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 780.84%.


Acadia Realty Trust  (NYSE:AKR) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Acadia Realty Trust's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=74.82 * ( 1 - 0.67% )/( (4388.171 + 4465.512)/ 2 )
=74.318706/4426.8415
=1.68 %

where

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=4532.655 - 113.069 - ( 31.415 - max(0, 229.393 - 317.887+31.415))
=4388.171

Invested Capital(Q: Jun. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=4617.507 - 119.035 - ( 32.96 - max(0, 188.106 - 295.916+32.96))
=4465.512

Note: The Operating Income data used here is four times the quarterly (Jun. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Acadia Realty Trust's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=172.508/( ( (22.596 + max(-21.731, 0)) + (21.589 + max(-50.711, 0)) )/ 2 )
=172.508/( ( 22.596 + 21.589 )/ 2 )
=172.508/22.0925
=780.84 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(56.259 + 0 + 59.903) - (113.069 + 24.663 + 0.16099999999997)
=-21.731

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(55.43 + 0 + 38.642) - (119.035 + 25.748 + 0)
=-50.711

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Acadia Realty Trust's Operating Margin % for the quarter that ended in Jun. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=18.705/95.423
=19.60 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Acadia Realty Trust Operating Income Related Terms


Acadia Realty Trust Operating Income Historical Data

* Premium members only.

The historical data trend for Acadia Realty Trust's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Acadia Realty Trust Operating Income Chart

Acadia Realty Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.06 44.38 52.76 68.17 84.12

Acadia Realty Trust Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.95 22.74 20.66 16.36 18.71
AKR
65GF Score
Acadia Realty Trust AKR
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Acadia Realty Trust Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $78.5 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of $78.5 Mil mean?
Acadia Realty Trust (AKR) has a Operating Income of $78.5 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Acadia Realty Trust and its competitors.
Is Acadia Realty Trust's Operating Income too high?
Acadia Realty Trust's current Operating Income is $78.5 Mil. Overall, Acadia Realty Trust has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Acadia Realty Trust's Operating Income compare to UE and FCPT?
Acadia Realty Trust's Operating Income of $78.5 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a REITs company?
A good Operating Income depends on the REITs industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Acadia Realty Trust and its competitors. Acadia Realty Trust's current Operating Income is $78.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Acadia Realty Trust stock overvalued right now?
Based on GuruFocus' analysis, Acadia Realty Trust (AKR) is currently considered Modestly Overvalued. The stock's GF Value™ is $17.44, compared to a current price of $22.47 — trading 28.8% above its estimated fair value. The current Operating Income is $78.5 Mil. Acadia Realty Trust's overall GF Score™ is 65/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Acadia Realty Trust (AKR), the current Operating Income is $78.5 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Acadia Realty Trust (AKR) Overvalued in 2026?

Based on GuruFocus' analysis, Acadia Realty Trust stock appears to be overvalued. The current stock price of $22.47 is trading 28.8% above its estimated GF Value™ of $17.44. GuruFocus considers Acadia Realty Trust to be Modestly Overvalued.

Key valuation signals for AKR:

  • Operating Income: $78.5 Mil
  • GF Value™: $17.44 vs. price of $22.47 (28.8% above fair value)
  • GF Score™: 65/100 with 6 warning signs

No single metric tells the full story. See the AKR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Acadia Realty Trust Business Description

Industry Real EstateREITs
Other Exchanges WX1:Germany
Address 411 Theodore Fremd Avenue, Suite 300, Rye, NY, USA, 10580
Acadia Realty Trust is a real estate investment trust that specializes in the operation, management, leasing, renovation, and acquisition of shopping centers and mixed-use properties with retail components. The company operates through three segments: REIT Portfolio segment consists of high-quality retail properties located in high-barrier-to-entry, densely-populated metropolitan areas with a long-term investment horizon; Investment Management segment holds the retail real estate in which the company co-invests with high-quality institutional investors; and Structured Financing segment consists of earnings and expenses related to notes and mortgages receivable Fees earned by the company as the general partner or managing member through Investment Management.
65GF Score

Get the complete analysis for AKR

Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$22.47
Price
$17.44
GF Value