What is Armada Hoffler Pptys Inc's earnings per share (EPS)?

Armada Hoffler Pptys Inc (AHH) reported diluted earnings per share of $-0.07 for fiscal year 2025. This represents a -120.6% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Armada Hoffler Pptys Inc Financials

AHH

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Armada Hoffler Pptys Inc (AHH) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 38/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability

Armada Hoffler Pptys Inc has an operating margin of 28.3%, meaning the company retains $28 of operating profit per $100 of revenue. This strong profitability earns a score of 85/100, reflecting efficient cost management and pricing power. This is up from 21.4% the prior year.

Growth

Armada Hoffler Pptys Inc's revenue declined 34.2% year-over-year, from $433.2M to $285.2M. This contraction results in a growth score of 0/100.

Leverage

Armada Hoffler Pptys Inc has a moderate D/E ratio of 2.43. This balance of debt and equity financing earns a leverage score of 52/100.

Returns

Armada Hoffler Pptys Inc generates a 0.9% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 13/100. This is down from 5.3% the prior year.

Piotroski F-Score Weak

3/9

Armada Hoffler Pptys Inc passes 3 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.

Earnings Quality Cash-Backed

11.46x

For every $1 of reported earnings, Armada Hoffler Pptys Inc generates $11.46 in operating cash flow ($64.2M OCF vs $5.6M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Safe

10.1x

Armada Hoffler Pptys Inc earns $10.1 in operating income for every $1 of interest expense ($80.9M vs $8.0M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

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Earnings & Revenue

Revenue

$285.2M

YoY-34.2%

5Y CAGR-5.8%

10Y CAGR+1.2%

Armada Hoffler Pptys Inc generated $285.2M in revenue in fiscal year 2025. This represents a decrease of 34.2% from the prior year.

EBITDA

$153.3M

YoY-4.6%

5Y CAGR+7.1%

10Y CAGR+11.9%

Armada Hoffler Pptys Inc's EBITDA was $153.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 4.6% from the prior year.

Net Income

$5.6M

YoY-84.3%

5Y CAGR-28.1%

10Y CAGR-11.8%

Armada Hoffler Pptys Inc reported $5.6M in net income in fiscal year 2025. This represents a decrease of 84.3% from the prior year.

EPS (Diluted)

$-0.07

YoY-120.6%

Armada Hoffler Pptys Inc earned $-0.07 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 120.6% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$49.1M

YoY+53.9%

5Y CAGR+3.7%

10Y CAGR+6.2%

Armada Hoffler Pptys Inc held $49.1M in cash against $1.5B in long-term debt as of fiscal year 2025.

Dividends Per Share

$0.56

YoY-31.7%

5Y CAGR+4.9%

10Y CAGR-1.9%

Armada Hoffler Pptys Inc paid $0.56 per share in dividends in fiscal year 2025. This represents a decrease of 31.7% from the prior year.

Shares Outstanding

80M

YoY+0.6%

5Y CAGR+6.3%

10Y CAGR+10.3%

Armada Hoffler Pptys Inc had 80M shares outstanding in fiscal year 2025. This represents an increase of 0.6% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

28.3%

YoY+7.0pp

5Y CAGR+15.6pp

10Y CAGR+17.8pp

Armada Hoffler Pptys Inc's operating margin was 28.3% in fiscal year 2025, reflecting core business profitability. This is up 7.0 percentage points from the prior year.

Net Margin

2.0%

YoY-6.3pp

5Y CAGR-5.6pp

10Y CAGR-5.8pp

Armada Hoffler Pptys Inc's net profit margin was 2.0% in fiscal year 2025, showing the share of revenue converted to profit. This is down 6.3 percentage points from the prior year.

Return on Equity

0.9%

YoY-4.4pp

5Y CAGR-4.7pp

10Y CAGR-38.7pp

Armada Hoffler Pptys Inc's ROE was 0.9% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 4.4 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

Armada Hoffler Pptys Inc spent $0 on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Capital Expenditures

N/A

AHH Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$285.2M-34.2%	$433.2M+4.9%	$413.1M-12.3%	$471.1M+55.7%	$302.5M-21.1%	$383.6M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	$184.0M+10.1%	$167.2M+17.0%	$142.8M+22.0%	$117.1M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$20.3M+5.5%	$19.3M+12.2%	$17.2M+9.6%	$15.7M+7.4%	$14.6M+13.2%	$12.9M
Operating Income	$80.9M-12.6%	$92.5M+51.5%	$61.1M-54.6%	$134.4M+127.2%	$59.2M+21.4%	$48.7M
Interest Expense	$8.0M+21.5%	$6.6M-88.6%	$57.8M+45.7%	$39.7M+17.0%	$33.9M+9.2%	$31.0M
Income Tax	-$482K+21.5%	-$614K-146.2%	$1.3M+1016.6%	-$145K+80.5%	-$742K-162.2%	-$283K
Net Income	$5.6M-84.3%	$35.6M+330.1%	$8.3M-88.9%	$74.7M+241.4%	$21.9M-24.9%	$29.2M
EPS (Diluted)	$-0.07-120.6%	$0.34+780.0%	$-0.05-105.3%	$0.94+452.9%	$0.17-55.3%	$0.38

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Revenue	$75.6M+4.0%	$72.7M+5.1%	$69.1M+1.9%	$67.8M+0.7%	$67.3M-41.1%	$114.4M-2.1%	$116.8M-8.0%	$127.0M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	$51.5M+5.4%	$48.8M+1.5%	$48.1M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	$4.4M-25.9%	$6.0M-18.8%	$7.4M	N/A	$5.2M+15.2%	$4.5M-23.3%	$5.9M
Operating Income	$23.5M+10.5%	$21.2M+3.8%	$20.4M+29.8%	$15.8M-58.1%	$37.6M+72.6%	$21.8M+56.2%	$13.9M-27.4%	$19.2M
Interest Expense	N/A	$2.2M+11.6%	$1.9M+12.4%	$1.7M	N/A	$1.7M-2.4%	$1.8M-90.2%	$18.0M
Income Tax	N/A	$192K+133.9%	-$567K-398.4%	$190K	N/A	$592K+147.5%	-$1.2M-333.3%	$534K
Net Income	$2.3M+2740.0%	$80K-98.7%	$5.9M+312.1%	-$2.8M-109.7%	$29.0M+676.3%	-$5.0M-258.8%	$3.2M-77.5%	$14.1M
EPS (Diluted)	$-0.01+75.0%	$-0.04-200.0%	$0.04+157.1%	$-0.07-126.9%	$0.26+336.4%	$-0.11	$0.00-100.0%	$0.17

AHH Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$2.6B+3.3%	$2.5B-2.0%	$2.6B+14.3%	$2.2B+15.7%	$1.9B+1.1%	$1.9B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$49.1M+53.9%	$31.9M+59.5%	$20.0M-57.8%	$47.5M+34.8%	$35.2M-14.0%	$41.0M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$66.2M+25.2%	$52.8M+16.1%	$45.5M+16.2%	$39.2M+32.5%	$29.6M+4.7%	$28.3M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$1.8B+8.9%	$1.6B-7.7%	$1.8B+31.3%	$1.3B+15.5%	$1.2B-0.2%	$1.2B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$1.5B+17.8%	$1.3B-7.3%	$1.4B+30.8%	$1.1B+16.4%	$917.6M-4.8%	$963.8M
Total Equity	$627.8M-6.4%	$670.6M+17.1%	$572.6M-11.6%	$647.5M+16.6%	$555.4M+6.1%	$523.2M
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Total Assets	$2.6B+0.8%	$2.6B0.0%	$2.6B+4.5%	$2.5B-1.9%	$2.5B-1.9%	$2.6B-0.3%	$2.6B-1.2%	$2.6B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$49.1M+5.7%	$46.5M-10.7%	$52.1M+14.0%	$45.7M+43.1%	$31.9M-27.2%	$43.9M+116.0%	$20.3M-51.6%	$41.9M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$66.2M+13.6%	$58.3M+7.9%	$54.0M+4.0%	$51.9M-1.8%	$52.8M+2.8%	$51.4M+16.4%	$44.2M+2.4%	$43.1M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$1.8B+2.0%	$1.7B+1.0%	$1.7B+7.5%	$1.6B-1.6%	$1.6B-3.4%	$1.7B-5.7%	$1.8B-1.0%	$1.8B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$1.5B+2.7%	$1.5B+2.7%	$1.4B+9.6%	$1.3B+1.9%	$1.3B-2.4%	$1.3B-6.4%	$1.4B-0.6%	$1.4B
Total Equity	$627.8M-1.7%	$638.8M-2.0%	$652.0M-0.8%	$657.4M-2.0%	$670.6M+1.0%	$663.9M+18.0%	$562.7M-1.5%	$571.4M
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

AHH Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$64.2M-42.6%	$112.0M+20.0%	$93.3M-20.1%	$116.9M+28.2%	$91.2M0.0%	$91.2M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	-$26.7M+88.7%	-$237.3M-613.8%	-$33.2M+42.3%	-$57.6M-119.7%	-$26.2M
Financing Cash Flow	$52.5M+221.5%	-$43.3M-135.4%	$122.3M+269.3%	-$72.2M-65.8%	-$43.5M+25.1%	-$58.1M
Dividends Paid	$75.2M-10.3%	$83.9M+4.3%	$80.4M+10.8%	$72.6M+23.6%	$58.7M+23.3%	$47.6M
Share Buybacks	$0	$0-100.0%	$12.6M	$0	$0	N/A

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Operating Cash Flow	$26.7M+1.7%	$26.3M+136.8%	$11.1M+10276.6%	$107K-99.5%	$20.8M-23.9%	$27.3M+57.2%	$17.4M-62.6%	$46.5M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	-$40.5M-131.8%	-$17.5M+18.6%	-$21.5M-152.6%	$40.9M+383.9%	-$14.4M-17.7%	-$12.2M+70.1%	-$40.9M
Financing Cash Flow	$32.9M+247.1%	$9.5M-23.7%	$12.4M+646.2%	-$2.3M+93.5%	-$35.2M-417.2%	$11.1M+140.6%	-$27.3M-435.0%	$8.2M
Dividends Paid	$6.0M-78.8%	$28.4M+65.4%	$17.2M-27.5%	$23.7M+9.8%	$21.5M+1.8%	$21.2M+0.4%	$21.1M+4.7%	$20.1M
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

AHH Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	44.5%+9.1pp	35.5%-11.7pp	47.2%+16.7pp	30.5%
Operating Margin	28.3%+7.0pp	21.4%+6.6pp	14.8%-13.8pp	28.5%+9.0pp	19.6%+6.8pp	12.7%
Net Margin	2.0%-6.3pp	8.2%+6.2pp	2.0%-13.9pp	15.9%+8.6pp	7.2%-0.4pp	7.6%
Return on Equity	0.9%-4.4pp	5.3%+3.9pp	1.5%-10.1pp	11.5%+7.6pp	3.9%-1.6pp	5.6%
Return on Assets	0.2%-1.2pp	1.4%+1.1pp	0.3%-3.0pp	3.3%+2.2pp	1.1%-0.4pp	1.5%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	2.43+0.5	1.93-0.5	2.44+0.8	1.650.0	1.65-0.2	1.84
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	45.0%+3.2pp	41.8%+3.9pp	37.9%
Operating Margin	31.0%+1.8pp	29.2%-0.4pp	29.6%+6.3pp	23.2%-32.6pp	55.8%+36.8pp	19.1%+7.1pp	11.9%-3.2pp	15.1%
Net Margin	3.0%+2.9pp	0.1%-8.5pp	8.6%+12.8pp	-4.1%-47.3pp	43.1%+47.5pp	-4.4%-7.1pp	2.7%-8.4pp	11.1%
Return on Equity	0.4%+0.4pp	0.0%-0.9pp	0.9%+1.3pp	-0.4%-4.8pp	4.3%+5.1pp	-0.8%-1.3pp	0.6%-1.9pp	2.5%
Return on Assets	0.1%+0.1pp	0.0%-0.2pp	0.2%+0.3pp	-0.1%-1.3pp	1.2%+1.4pp	-0.2%-0.3pp	0.1%-0.4pp	0.5%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	2.43+0.1	2.33+0.1	2.22+0.2	2.01+0.1	1.93-0.1	2.00-0.5	2.52+0.0	2.50
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

What is Armada Hoffler Pptys Inc's annual revenue?

Armada Hoffler Pptys Inc (AHH) reported $285.2M in total revenue for fiscal year 2025. This represents a -34.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Armada Hoffler Pptys Inc's revenue growing?

Armada Hoffler Pptys Inc (AHH) revenue declined by 34.2% year-over-year, from $433.2M to $285.2M in fiscal year 2025.

Is Armada Hoffler Pptys Inc profitable?

Yes, Armada Hoffler Pptys Inc (AHH) reported a net income of $5.6M in fiscal year 2025, with a net profit margin of 2.0%.

What is Armada Hoffler Pptys Inc's EBITDA?

Armada Hoffler Pptys Inc (AHH) had EBITDA of $153.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Armada Hoffler Pptys Inc have?

As of fiscal year 2025, Armada Hoffler Pptys Inc (AHH) had $49.1M in cash and equivalents against $1.5B in long-term debt.

What is Armada Hoffler Pptys Inc's operating margin?

Armada Hoffler Pptys Inc (AHH) had an operating margin of 28.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Armada Hoffler Pptys Inc's net profit margin?

Armada Hoffler Pptys Inc (AHH) had a net profit margin of 2.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Armada Hoffler Pptys Inc pay dividends?

Yes, Armada Hoffler Pptys Inc (AHH) paid $0.56 per share in dividends during fiscal year 2025.

What is Armada Hoffler Pptys Inc's return on equity (ROE)?

Armada Hoffler Pptys Inc (AHH) has a return on equity of 0.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Armada Hoffler Pptys Inc's operating cash flow?

Armada Hoffler Pptys Inc (AHH) generated $64.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Armada Hoffler Pptys Inc's total assets?

Armada Hoffler Pptys Inc (AHH) had $2.6B in total assets as of fiscal year 2025, including both current and long-term assets.

How many shares does Armada Hoffler Pptys Inc have outstanding?

Armada Hoffler Pptys Inc (AHH) had 80M shares outstanding as of fiscal year 2025.

What is Armada Hoffler Pptys Inc's debt-to-equity ratio?

Armada Hoffler Pptys Inc (AHH) had a debt-to-equity ratio of 2.43 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Armada Hoffler Pptys Inc's return on assets (ROA)?

Armada Hoffler Pptys Inc (AHH) had a return on assets of 0.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Armada Hoffler Pptys Inc's Piotroski F-Score?

Armada Hoffler Pptys Inc (AHH) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Armada Hoffler Pptys Inc's earnings high quality?

Armada Hoffler Pptys Inc (AHH) has an earnings quality ratio of 11.46x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Armada Hoffler Pptys Inc cover its interest payments?

Armada Hoffler Pptys Inc (AHH) has an interest coverage ratio of 10.1x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Armada Hoffler Pptys Inc?

Armada Hoffler Pptys Inc (AHH) scores 38 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.