What is AH Realty Trust Inc's earnings per share (EPS)?

AH Realty Trust Inc (AHRT) reported diluted earnings per share of $-0.08 for fiscal year 2026. This represents a -60.0% 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.

AH Realty Trust Inc Financials

AHRT

Source SEC Filings (10-K/10-Q) Updated Mar 31, 2026 Currency USD FYE December

This page shows AH Realty Trust Inc (AHRT) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 14 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).

Rhea AI AHRT FY2025 2026-04-22

Operating income holds up better than revenue, but cash distributions lean on financing as leverage rebuilds.

From FY2023 to FY2025, long-term debt rose from $1.40B to $1.53B even as operating cash flow moved lower across the period. In FY2025, dividends paid of $75.2M exceeded operating cash flow of $64.2M, so the higher cash balance depended on external financing rather than on cash retained from operations.

The unusual FY2025 pattern is margin expansion on a smaller top line: operating margin improved to 28.4% from 21.4% despite lower revenue. EBITDA also stayed close to the prior year's level, reinforcing that the top-line decline did not translate into an equally large drop in recurring operating earning capacity.

This is an asset-heavy, leveraged balance sheet: FY2025 assets were $2.60B and debt to equity was 2.4x. With return on assets at just 0.2%, that asset base is producing only thin residual earnings, which helps explain why the business can still show solid operating profit while net income stays compressed.

Financial Health Signals

Financial Profile 25/100

Based on FY2026 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of AH Realty Trust Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

AH Realty Trust Inc has an operating margin of 23.1%, meaning the company retains $23 of operating profit per $100 of revenue. This strong profitability earns a score of 70/100, reflecting efficient cost management and pricing power. This is up from 14.8% the prior year.

Growth

AH Realty Trust Inc's revenue declined 49.2% year-over-year, from $413.1M to $209.9M. This contraction results in a growth score of 0/100.

Leverage

AH Realty Trust Inc has a moderate D/E ratio of 2.05. This balance of debt and equity financing earns a leverage score of 60/100.

Returns

AH Realty Trust Inc generates a 0.6% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 20/100. This is down from 1.3% the prior year.

Piotroski F-Score Neutral

4/9

AH Realty Trust Inc passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed

16.47x

For every $1 of reported earnings, AH Realty Trust Inc generates $16.47 in operating cash flow ($64.2M OCF vs $3.9M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Safe

6.1x

AH Realty Trust Inc earns $6.1 in operating income for every $1 of interest expense ($48.5M 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

$209.9M

YoY-49.2%

5Y CAGR-4.0%

10Y CAGR+2.2%

AH Realty Trust Inc generated $209.9M in revenue in fiscal year 2026. This represents a decrease of 49.2% from the prior year.

EBITDA

$121.0M

YoY-3.8%

5Y CAGR+4.5%

10Y CAGR+12.0%

AH Realty Trust Inc's EBITDA was $121.0M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 3.8% from the prior year.

Net Income

$3.9M

YoY-49.4%

5Y CAGR-30.5%

10Y CAGR-6.6%

AH Realty Trust Inc reported $3.9M in net income in fiscal year 2026. This represents a decrease of 49.4% from the prior year.

EPS (Diluted)

$-0.08

YoY-60.0%

AH Realty Trust Inc earned $-0.08 per diluted share (EPS) in fiscal year 2026. This represents a decrease of 60.0% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$40.7M

YoY+103.5%

5Y CAGR+0.8%

10Y CAGR+4.6%

AH Realty Trust Inc held $40.7M in cash against $1.3B in long-term debt as of fiscal year 2026.

Dividends Per Share

$0.56

YoY-27.7%

5Y CAGR-7.8%

10Y CAGR-1.3%

AH Realty Trust Inc paid $0.56 per share in dividends in fiscal year 2026. This represents a decrease of 27.7% from the prior year.

Shares Outstanding

80M

YoY+20.0%

5Y CAGR+7.3%

10Y CAGR+12.3%

AH Realty Trust Inc had 80M shares outstanding in fiscal year 2026. This represents an increase of 20.0% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

23.1%

YoY+8.3pp

5Y CAGR+6.5pp

10Y CAGR+10.4pp

AH Realty Trust Inc's operating margin was 23.1% in fiscal year 2026, reflecting core business profitability. This is up 8.3 percentage points from the prior year.

Net Margin

1.9%

YoY+0.0pp

5Y CAGR-7.5pp

10Y CAGR-2.7pp

AH Realty Trust Inc's net profit margin was 1.9% in fiscal year 2026, showing the share of revenue converted to profit. This is up 0.0 percentage points from the prior year.

Return on Equity

0.6%

YoY-0.7pp

5Y CAGR-5.3pp

AH Realty Trust Inc's ROE was 0.6% in fiscal year 2026, measuring profit generated per dollar of shareholder equity. This is down 0.7 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

YoY-100.0%

AH Realty Trust Inc spent $0 on share buybacks in fiscal year 2026, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 100.0% from the prior year.

Capital Expenditures

N/A

AHRT Income Statement

Metric	FY26	FY23	FY22	FY21	FY20	FY19
Revenue	$209.9M-49.2%	$413.1M-12.3%	$471.1M+55.7%	$302.5M-21.1%	$383.6M+49.2%	$257.2M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	$101.5M
Gross Profit	N/A	$184.0M+10.1%	$167.2M+17.0%	$142.8M+22.0%	$117.1M+10.1%	$106.4M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$20.3M+18.3%	$17.2M+9.6%	$15.7M+7.4%	$14.6M+13.2%	$12.9M+4.1%	$12.4M
Operating Income	$48.5M-20.5%	$61.1M-54.6%	$134.4M+127.2%	$59.2M+21.4%	$48.7M+14.3%	$42.6M
Interest Expense	$8.0M-86.2%	$57.8M+45.7%	$39.7M+17.0%	$33.9M+9.2%	$31.0M-1.0%	$31.3M
Income Tax	-$482K-136.3%	$1.3M+1016.6%	-$145K+80.5%	-$742K-162.2%	-$283K+42.4%	-$491K
Net Income	$3.9M-49.4%	$7.7M-92.3%	$100.0M+292.2%	$25.5M-12.5%	$29.2M+21.2%	$24.1M
EPS (Diluted)	$-0.08-60.0%	$-0.05-105.3%	$0.94+452.9%	$0.17-55.3%	$0.38-7.3%	$0.41

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	$52.3M-6.5%	$55.9M+5.3%	$53.1M+4.7%	$50.7M+1.1%	$50.2M+1.3%	$49.5M-56.7%	$114.4M-2.1%	$116.8M
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	N/A	$51.5M+5.4%	$48.8M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$4.7M	N/A	$4.4M-25.9%	$6.0M-16.2%	$7.2M	N/A	$5.2M+15.2%	$4.5M
Operating Income	$11.6M-27.0%	$15.9M+42.9%	$11.1M-18.2%	$13.6M+73.4%	$7.9M-73.4%	$29.5M+115.4%	$13.7M+148.7%	$5.5M
Interest Expense	$13.8M	N/A	$2.2M+11.6%	$1.9M+12.4%	$1.7M	N/A	$1.7M-2.4%	$1.8M
Income Tax	N/A	N/A	$192K+133.9%	-$567K-398.4%	$190K	N/A	$592K+147.5%	-$1.2M
Net Income	-$23.2M-1119.5%	$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
EPS (Diluted)	$-0.33-3200.0%	$-0.01+75.0%	$-0.04-200.0%	$0.04+157.1%	$-0.07-126.9%	$0.26+316.7%	$-0.12	$0.00

AHRT Balance Sheet

Metric	FY26	FY23	FY22	FY21	FY20	FY19
Total Assets	$2.6B+1.3%	$2.6B+14.3%	$2.2B+15.7%	$1.9B+1.1%	$1.9B+6.2%	$1.8B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$40.7M+103.5%	$20.0M-57.8%	$47.5M+34.8%	$35.2M-14.0%	$41.0M+4.5%	$39.2M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$64.7M+42.2%	$45.5M+16.2%	$39.2M+32.5%	$29.6M+4.7%	$28.3M+20.4%	$23.5M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$1.8B+0.5%	$1.8B+31.3%	$1.3B+15.5%	$1.2B-0.2%	$1.2B+0.9%	$1.1B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$1.3B-8.1%	$1.4B+30.8%	$1.1B+16.4%	$917.6M-4.8%	$963.8M+1.4%	$950.5M
Total Equity	$627.8M+9.6%	$572.6M-11.6%	$647.5M+16.6%	$555.4M+6.1%	$523.2M+28.1%	$408.6M
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$2.5B-4.8%	$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
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$28.5M-29.9%	$40.7M-12.4%	$46.5M-10.7%	$52.1M+105.8%	$25.3M+15.2%	$22.0M-49.9%	$43.9M+116.0%	$20.3M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$63.2M-2.4%	$64.7M+11.1%	$58.3M+7.9%	$54.0M+4.0%	$51.9M-1.8%	$52.8M+2.8%	$51.4M+16.4%	$44.2M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$1.7B-3.1%	$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
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$1.2B-3.0%	$1.3B-13.6%	$1.5B+2.7%	$1.4B+9.6%	$1.3B+1.9%	$1.3B-2.4%	$1.3B-6.4%	$1.4B
Total Equity	$569.5M-9.3%	$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
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

AHRT Cash Flow Statement

Metric	FY26	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	$64.2M-31.1%	$93.3M-20.1%	$116.9M+28.2%	$91.2M0.0%	$91.2M+34.6%	$67.7M
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	-$26.7M+88.7%	-$237.3M-613.8%	-$33.2M+42.3%	-$57.6M-119.7%	-$26.2M+91.1%	-$295.1M
Financing Cash Flow	$52.5M-57.0%	$122.3M+269.3%	-$72.2M-65.8%	-$43.5M+25.1%	-$58.1M-123.5%	$246.9M
Dividends Paid	$75.2M-6.4%	$80.4M+10.8%	$72.6M+23.6%	$58.7M+23.3%	$47.6M-22.6%	$61.5M
Share Buybacks	$0-100.0%	$12.6M	$0	$0	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	$12.5M-53.4%	$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
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	N/A	-$40.5M-131.8%	-$17.5M+18.6%	-$21.5M-152.6%	$40.9M+383.9%	-$14.4M-17.7%	-$12.2M
Financing Cash Flow	N/A	$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
Dividends Paid	$27.7M+360.8%	$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
Share Buybacks	$21.0M	N/A	N/A	N/A	$0	N/A	N/A	N/A

AHRT Financial Ratios

Metric	FY26	FY23	FY22	FY21	FY20	FY19
Gross Margin	N/A	44.5%+9.1pp	35.5%-11.7pp	47.2%+16.7pp	30.5%-10.8pp	41.4%
Operating Margin	23.1%+8.3pp	14.8%-13.8pp	28.5%+9.0pp	19.6%+6.8pp	12.7%-3.9pp	16.6%
Net Margin	1.9%0.0pp	1.9%-19.4pp	21.2%+12.8pp	8.4%+0.8pp	7.6%-1.8pp	9.3%
Return on Equity	0.6%-0.7pp	1.3%-14.1pp	15.4%+10.9pp	4.6%-1.0pp	5.6%-0.3pp	5.9%
Return on Assets	0.1%-0.1pp	0.3%-4.2pp	4.5%+3.1pp	1.3%-0.2pp	1.5%+0.2pp	1.3%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	2.05-0.4	2.44+0.8	1.650.0	1.65-0.2	1.84-0.5	2.33
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	45.0%+3.2pp	41.8%
Operating Margin	22.2%-6.3pp	28.5%+7.5pp	21.0%-5.9pp	26.9%+11.2pp	15.7%-44.0pp	59.6%+47.6pp	12.0%+7.3pp	4.7%
Net Margin	-44.3%-48.3pp	4.1%+3.9pp	0.1%-11.6pp	11.7%+17.3pp	-5.6%-64.2pp	58.6%+63.0pp	-4.4%-7.1pp	2.7%
Return on Equity	-4.1%-4.4pp	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%
Return on Assets	-0.9%-1.0pp	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%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	2.19+0.1	2.05-0.3	2.33+0.1	2.22+0.2	2.01+0.1	1.93-0.1	2.00-0.5	2.52
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Frequently Asked Questions

What is AH Realty Trust Inc's annual revenue?

AH Realty Trust Inc (AHRT) reported $209.9M in total revenue for fiscal year 2026. This represents a -49.2% 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 AH Realty Trust Inc's revenue growing?

AH Realty Trust Inc (AHRT) revenue declined by 49.2% year-over-year, from $413.1M to $209.9M in fiscal year 2026.

Is AH Realty Trust Inc profitable?

Yes, AH Realty Trust Inc (AHRT) reported a net income of $3.9M in fiscal year 2026, with a net profit margin of 1.9%.

What is AH Realty Trust Inc's EBITDA?

AH Realty Trust Inc (AHRT) had EBITDA of $121.0M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does AH Realty Trust Inc have?

As of fiscal year 2026, AH Realty Trust Inc (AHRT) had $40.7M in cash and equivalents against $1.3B in long-term debt.

What is AH Realty Trust Inc's operating margin?

AH Realty Trust Inc (AHRT) had an operating margin of 23.1% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.

What is AH Realty Trust Inc's net profit margin?

AH Realty Trust Inc (AHRT) had a net profit margin of 1.9% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.

Does AH Realty Trust Inc pay dividends?

Yes, AH Realty Trust Inc (AHRT) paid $0.56 per share in dividends during fiscal year 2026.

What is AH Realty Trust Inc's return on equity (ROE)?

AH Realty Trust Inc (AHRT) has a return on equity of 0.6% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.

What is AH Realty Trust Inc's operating cash flow?

AH Realty Trust Inc (AHRT) generated $64.2M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.

What are AH Realty Trust Inc's total assets?

AH Realty Trust Inc (AHRT) had $2.6B in total assets as of fiscal year 2026, including both current and long-term assets.

How many shares does AH Realty Trust Inc have outstanding?

AH Realty Trust Inc (AHRT) had 80M shares outstanding as of fiscal year 2026.

What is AH Realty Trust Inc's debt-to-equity ratio?

AH Realty Trust Inc (AHRT) had a debt-to-equity ratio of 2.05 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is AH Realty Trust Inc's return on assets (ROA)?

AH Realty Trust Inc (AHRT) had a return on assets of 0.1% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.

What is AH Realty Trust Inc's Piotroski F-Score?

AH Realty Trust Inc (AHRT) has a Piotroski F-Score of 4 out of 9, indicating neutral 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are AH Realty Trust Inc's earnings high quality?

AH Realty Trust Inc (AHRT) has an earnings quality ratio of 16.47x, 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 AH Realty Trust Inc cover its interest payments?

AH Realty Trust Inc (AHRT) has an interest coverage ratio of 6.1x, 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 AH Realty Trust Inc?

AH Realty Trust Inc (AHRT) scores 25 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.