AH Realty Trust, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $285.2M | $274.1M | $253.9M | $471.1M | $302.5M |
| Gross profit | — | — | $184.0M | $167.2M | $142.8M |
| Operating expenses | $112.3M | $117.1M | — | — | — |
| Operating income | $80.9M | $92.5M | $61.1M | $134.4M | $59.2M |
| Interest expense | $85.3M | $79.0M | $57.8M | $39.7M | $33.9M |
| Pretax income | — | $41.9M | $9.0M | $99.8M | $24.7M |
| Income tax expense | -$482,000 | -$614,000 | $1.3M | -$145,000 | -$742,000 |
| Net income | $5.6M | $35.6M | $8.3M | $74.7M | $21.9M |
| Balance Sheet | |||||
| Cash and equivalents | $49.1M | $31.9M | $20.0M | $47.5M | $35.2M |
| Total assets | $2.6B | $2.5B | $2.6B | $2.2B | $1.9B |
| Total liabilities | $1.8B | $1.6B | $1.8B | $1.3B | $1.2B |
| Total debt | $1.5B | $1.3B | $1.4B | $1.1B | $957.4M |
| Stockholders' equity | $627.8M | $670.6M | $572.6M | $647.5M | $555.4M |
| Cash Flow Statement | |||||
| Cash from operations | $64.2M | $112.0M | $93.3M | $116.9M | $91.2M |
| Depreciation and amortization | $72.5M | $68.1M | $63.4M | $54.5M | $51.5M |
| Stock-based compensation | $6.8M | $5.1M | $3.7M | $3.3M | $2.2M |
| Dividends paid | $75.2M | $83.9M | $80.4M | $72.6M | $58.7M |
| Share repurchases | $0 | $0 | $12.6M | $0 | $0 |
| Impairments | $373,000 | $1.5M | $102,000 | $416,000 | $21.4M |
Shares outstanding 76.0M · Free float 97.3%
Annual filing data through FY ended December 31, 2025; float as of July 14, 2026.