Armada Hoffler Properties, Inc. (AHRT) - Net Assets
Based on the latest financial reports, Armada Hoffler Properties, Inc. (AHRT) has net assets worth $760.18 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.48 Billion) and total liabilities ($1.72 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check asset resilience ratio of Armada Hoffler Properties, Inc. to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $760.18 Million |
| % of Total Assets | 30.68% |
| Annual Growth Rate | N/A |
| 5-Year Change | 6.33% |
| 10-Year Change | 137.61% |
| Growth Volatility | 21.27 |
Armada Hoffler Properties, Inc. - Net Assets Trend (2011–2025)
This chart illustrates how Armada Hoffler Properties, Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore Armada Hoffler Properties, Inc. total assets for the complete picture of this company's asset base.
Annual Net Assets for Armada Hoffler Properties, Inc. (2011–2025)
The table below shows the annual net assets of Armada Hoffler Properties, Inc. from 2011 to 2025. For live valuation and market cap data, see AHRT company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $829.19 Million | -6.80% |
| 2024-12-31 | $889.67 Million | +10.49% |
| 2023-12-31 | $805.18 Million | -10.93% |
| 2022-12-31 | $904.01 Million | +15.93% |
| 2021-12-31 | $779.82 Million | +3.04% |
| 2020-12-31 | $756.80 Million | +15.46% |
| 2019-12-31 | $655.45 Million | +43.77% |
| 2018-12-31 | $455.89 Million | +8.47% |
| 2017-12-31 | $420.28 Million | +20.43% |
| 2016-12-31 | $348.98 Million | +54.61% |
| 2015-12-31 | $225.72 Million | +39.41% |
| 2014-12-31 | $161.91 Million | +53.43% |
| 2013-12-31 | $105.52 Million | +41.56% |
| 2012-12-31 | $74.54 Million | +299.31% |
| 2011-12-31 | $-37.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Armada Hoffler Properties, Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 26948400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $805.00K | 0.13% |
| Other Components | $896.46 Million | 142.80% |
| Total Equity | $627.78 Million | 100.00% |
Armada Hoffler Properties, Inc. Competitors by Market Cap
The table below lists competitors of Armada Hoffler Properties, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Idp Education Ltd
AU:IEL
|
$525.83 Million |
|
Yingkou Fengguang Advanced Material Co.Ltd.
SHE:301100
|
$525.92 Million |
|
Inner Mongolia Xinhua Distribution Group Co.Ltd.
SHG:603230
|
$526.11 Million |
|
Almendral
SN:ALMENDRAL
|
$526.31 Million |
|
TINC Comm VA
BR:TINC
|
$525.58 Million |
|
Perusahaan Perkebunan London Sumatra Indonesia Tbk PT
JK:LSIP
|
$525.50 Million |
|
Thai Stanley Electric Public Company Limited
BK:STANLY
|
$525.43 Million |
|
ZYF Lopsking Aluminum Co Ltd
SHE:002333
|
$525.42 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Armada Hoffler Properties, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 670,636,000 to 627,776,000, a change of -42,860,000 (-6.4%).
- Net income of 5,604,000 contributed positively to equity growth.
- Dividend payments of 75,224,000 reduced retained earnings.
- Share repurchases of 149,000 reduced equity.
- Other factors increased equity by 26,909,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $5.60 Million | +0.89% |
| Dividends Paid | $75.22 Million | -11.98% |
| Share Repurchases | $149.00K | -0.02% |
| Other Changes | $26.91 Million | +4.29% |
| Total Change | $- | -6.39% |
Book Value vs Market Value Analysis
This analysis compares Armada Hoffler Properties, Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.88x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | $-2.24 | $6.92 | x |
| 2012-12-31 | $-4.52 | $6.92 | x |
| 2013-12-31 | $-2.44 | $6.92 | x |
| 2014-12-31 | $-0.13 | $6.92 | x |
| 2015-12-31 | $1.91 | $6.92 | x |
| 2016-12-31 | $4.48 | $6.92 | x |
| 2017-12-31 | $5.34 | $6.92 | x |
| 2018-12-31 | $5.76 | $6.92 | x |
| 2019-12-31 | $7.69 | $6.92 | x |
| 2020-12-31 | $9.13 | $6.92 | x |
| 2021-12-31 | $6.64 | $6.92 | x |
| 2022-12-31 | $7.33 | $6.92 | x |
| 2023-12-31 | $6.48 | $6.92 | x |
| 2024-12-31 | $8.41 | $6.92 | x |
| 2025-12-31 | $7.83 | $6.92 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Armada Hoffler Properties, Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.89%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.96%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 4.14x
- Recent ROE (0.89%) is below the historical average (7.25%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 0.00% | 1.79% | 0.38x | 0.00x | $6.07 Million |
| 2012 | 0.00% | 8.18% | 0.28x | 0.00x | $16.41 Million |
| 2013 | 0.00% | 5.21% | 0.32x | 0.00x | $11.99 Million |
| 2014 | 0.00% | 4.56% | 0.29x | 0.00x | $7.96 Million |
| 2015 | 39.64% | 7.76% | 0.37x | 13.92x | $14.69 Million |
| 2016 | 18.95% | 10.87% | 0.26x | 6.63x | $13.26 Million |
| 2017 | 9.28% | 6.95% | 0.29x | 4.60x | $-1.62 Million |
| 2018 | 6.28% | 8.90% | 0.15x | 4.62x | $-10.18 Million |
| 2019 | 5.89% | 9.33% | 0.14x | 4.42x | $-16.80 Million |
| 2020 | 5.57% | 7.59% | 0.20x | 3.66x | $-23.17 Million |
| 2021 | 3.94% | 7.69% | 0.15x | 3.49x | $-33.64 Million |
| 2022 | 11.54% | 16.43% | 0.20x | 3.46x | $10.00 Million |
| 2023 | 1.45% | 1.24% | 0.26x | 4.48x | $-48.98 Million |
| 2024 | 5.32% | 12.99% | 0.11x | 3.75x | $-31.42 Million |
| 2025 | 0.89% | 1.96% | 0.11x | 4.14x | $-57.17 Million |
Industry Comparison
This section compares Armada Hoffler Properties, Inc.'s net assets metrics with peer companies in the REIT - Diversified industry.
Industry Context
- Industry: REIT - Diversified
- Average net assets among peers: $921,123,708
- Average return on equity (ROE) among peers: -0.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Armada Hoffler Properties, Inc. (AHRT) | $760.18 Million | 0.00% | 2.26x | $525.61 Million |
| American Assets Trust Inc (AAT) | $1.15 Billion | 4.37% | 1.59x | $1.39 Billion |
| Armada Hflr Pr (AHH) | $779.82 Million | 2.81% | 1.49x | $487.33 Million |
| Broadstone Net Lease Inc (BNL) | $2.48 Billion | 2.06% | 0.72x | $3.91 Billion |
| CTO Realty Growth Inc (CTO) | $35.10 Million | 7.41% | 1.02x | $623.55 Million |
| Empire State Realty Trust Inc (ESRT) | $1.73 Billion | -0.72% | 1.40x | $944.25 Million |
| FrontView REIT, Inc. (FVR) | $197.07 Million | -0.56% | 2.92x | $402.98 Million |
| Generation Income Properties Inc (GIPR) | $34.52 Million | -16.56% | 2.15x | $1.49 Million |
| Global Net Lease, Inc. (GNL) | $1.66 Billion | -13.55% | 1.61x | $1.96 Billion |
| Gladstone Commercial Corporation (GOOD) | $216.04 Million | 6.91% | 4.08x | $611.79 Million |
About Armada Hoffler Properties, Inc.
AH REALTY TRUST INC is a vertically integrated, self-managed real estate investment trust. With over four decades of experience developing, building, acquiring, and managing high-quality retail, office, and multifamily properties located primarily in the Mid-Atlantic and Southeastern United States. The Company also provides general construction and development services to third-party clients, in … Read more