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

AH Realty Trust, Inc. (AHRT) 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.

AH Realty Trust (AHRT) Financials

AHRT NYSE

Trailing 12 months to June 30, 2026

Revenue $213.9M -19.2% YoY

Net Income -$36.4M -268.9% YoY

EPS (Diluted) -$0.63 -672.7% YoY

Operating Cash Flow $83.1M +40.1% YoY

Market Cap $453.5M as of Oct 30, 2026

Price / Sales 2.1x on $213.9M revenue, trailing 12 months to June 30, 2026

Price / Earnings n/m net loss, so no earnings multiple, trailing 12 months to June 30, 2026

Price / Book 0.9x on $529.3M equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 30, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 6, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 6, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the AHRT SEC filings page.

AH Realty Trust, Inc. (AHRT) reported $213.9M in revenue over the twelve months to Jun 30, 2026, down 19.2% from the prior twelve months. This page shows its 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.

Rhea AI AHRT FY2025 2026-10-25

AH Realty's reported revenue halved while EBITDA held near prior levels, but cash conversion weakened against a liability-funded asset base.

The unusual pattern is that FY2025 revenue fell 51.5%, while EBITDA declined only 5.0%. That gap means the revenue line changed far more dramatically than the reported earnings capacity, so sales volume alone is a misleading measure of this asset-heavy business's operating scale.

Operating cash flow was $64.2M against net income of $5.6M, so reported profit did not capture cash generation in FY2025. Receivables rose to $64.7M even as revenue fell to $209.9M, pointing to more balance-sheet capital tied up in amounts due from customers or counterparties.

The asset base was $2.6B while return on assets was only 0.2%, making balance-sheet efficiency more informative than revenue margins. Liabilities were 68.1% of assets as equity fell 6.4%, indicating that leverage increased mainly because the equity cushion narrowed.

Financial Health Signals

Financial Health Score 48/100

Scored as: REITs peer group

Scored against REITs for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. A high score means strong standing among peers, not absolute cross-industry strength. 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.

FFO Margin

FFO Margin measures funds from operations against revenue, and funds from operations is net income with property depreciation added back, since a building written down a little further every year on paper is often worth more rather than less. AH Realty Trust, Inc. scores 47/100 on it among other REITs.

FFO Growth

FFO Growth follows the three-year path of funds from operations, which is net income with property depreciation added back. AH Realty Trust, Inc. scores 41/100 on it among other REITs.

Leverage

AH Realty Trust, Inc.'s net debt of $1.2B, being $1.3B of long-term debt less $40.7M of cash, came to 8.11 times its EBITDA in fiscal year 2025. REITs are ranked here on that debt against their EBITDA, where a lower multiple is the safer one, and AH Realty Trust, Inc. scores 23/100 among other REITs.

Interest Cov.

AH Realty Trust, Inc.'s operating income of $80.9M covered its interest expense of $8.0M 10.10 times over in fiscal year 2025. The interest coverage axis ranks REITs on operating income against interest owed, and AH Realty Trust, Inc. scores 98/100 among other REITs.

AFFO Margin

AFFO Margin takes funds from operations, subtracts the spending a REIT needs just to keep its properties in working order, and measures what is left against revenue. AH Realty Trust, Inc. scores 53/100 on it among other REITs.

Dividend Cov.

Dividend coverage measures funds from operations against the dividends actually paid, and a figure above 1 means the payout came out of operations. AH Realty Trust, Inc. scores 27/100 on it among other REITs.

Piotroski F-Score Partial

4/7

AH Realty Trust, Inc. passes 4 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, the one computable operating efficiency signal (asset turnover improving) does not pass.

Earnings Quality Cash-Backed

11.46x

For every $1 of reported earnings, AH Realty Trust, 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

10.10x

AH Realty Trust, Inc. earns $10.10 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

$52.5M

YoY+3.6%

QoQ+0.4%

AH Realty Trust, Inc. generated $52.5M in revenue in Q2 2026. This represents an increase of 3.6% from the same quarter a year earlier. Against the prior quarter it is up 0.4%.

EBITDA

$23.2M

YoY-33.0%

QoQ-8.0%

AH Realty Trust, Inc.'s EBITDA was $23.2M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 33.0% from the same quarter a year earlier. Against the prior quarter it is down 8.0%.

Net Income

-$15.7M

YoY-363.5%

QoQn/m

AH Realty Trust, Inc. reported a net loss of $15.7M in Q2 2026. This represents a decrease of 363.5% from the same quarter a year earlier. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.

EPS (Diluted)

-$0.25

QoQn/m

AH Realty Trust, Inc. earned -$0.25 per diluted share (EPS) in Q2 2026. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.

Cash & Balance Sheet

Cash & Debt

$20.7M

YoY-5.9%

QoQ-27.6%

5Y CAGR-13.8%

10Y CAGR+0.3%

AH Realty Trust, Inc. held $20.7M in cash against $955.9M in long-term debt as of Q2 2026.

Dividends Per Share

$0.14

QoQ0.0%

AH Realty Trust, Inc. paid $0.14 per share in dividends in Q2 2026. It is unchanged from the prior quarter.

Shares Outstanding

75M

QoQ-1.8%

AH Realty Trust, Inc. had 75M shares outstanding in Q2 2026. Against the prior quarter it is down 1.8%.

Free Cash Flow

Not reported for Q2 2026.

Margins & Returns

Operating Margin

18.6%

YoY-8.2pp

QoQ-3.6pp

AH Realty Trust, Inc.'s operating margin was 18.6% in Q2 2026, reflecting core business profitability. This is down 8.2 percentage points from the same quarter a year earlier. Against the prior quarter it is down 3.6 percentage points.

Net Margin

-29.8%

YoY-41.6pp

QoQ+14.5pp

AH Realty Trust, Inc.'s net profit margin was -29.8% in Q2 2026, showing the share of revenue converted to profit. This is down 41.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 14.5 percentage points.

Return on Equity

-3.0%

YoY-3.9pp

QoQ+1.1pp

AH Realty Trust, Inc.'s quarterly ROE was -3.0% in Q2 2026: one quarter's net income over shareholder equity, not annualized. This is down 3.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.1 percentage points.

Gross Margin

Not reported for Q2 2026.

Capital Allocation

Share Buybacks

$12.4M

YoYn/m

QoQ-40.9%

AH Realty Trust, Inc. spent $12.4M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. Against the prior quarter it is down 40.9%.

R&D Spending

Not reported for Q2 2026.

Capital Expenditures

Not reported for Q2 2026.

AHRT Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

AHRT quarterly income statement

Metric	TTM	FY25Filing	FY24Filing	FY23Filing	FY22Filing	FY21Filing	FY20Filing	FY19Filing	FY18Filing	FY17Filing	FY16Filing	FY15Filing	FY14Filing	FY13Filing	FY12Filing	FY11Filing
Revenue	$213.9M	$285.2M-34.2%	$433.2M+4.9%	$413.1M-12.3%	$471.1M+55.7%	$302.5M-21.1%	$383.6M+49.2%	$257.2M+33.0%	$193.3M-36.2%	$302.8M+17.2%	$258.4M+2.4%	$252.4M+50.2%	$168.1M+20.0%	$140.0M+29.1%	$108.5M-16.7%	$130.2M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$101.5M+37.9%	$73.6M-60.5%	$186.6M	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	$184.0M+10.1%	$167.2M+17.0%	$142.8M+22.0%	$117.1M+10.1%	$106.4M+31.2%	$81.1M-30.2%	$116.2M	N/A	N/A	$46.9M+11.5%	$42.1M+3.0%	$40.8M+0.3%	$40.7M
SG&A Expenses	N/A	$20.3M+5.5%	$19.3M+12.2%	$17.2M+9.6%	$15.7M+7.4%	$14.6M+13.2%	$12.9M+4.1%	$12.4M+8.4%	$11.4M+9.5%	$10.4M+9.2%	$9.6M+13.8%	$8.4M+8.9%	$7.7M+11.2%	$6.9M+114.6%	$3.2M-13.3%	$3.7M
Operating Income	$48.5M	$80.9M-12.6%	$92.5M+51.5%	$61.1M-54.6%	$134.4M+127.2%	$59.2M+21.4%	$48.7M+14.3%	$42.6M+33.1%	$32.0M-19.5%	$39.8M-30.4%	$57.2M+115.2%	$26.6M+24.3%	$21.4M+8.7%	$19.7M-20.4%	$24.7M+3.0%	$24.0M
EBITDA	N/A	$153.3M-4.6%	$160.7M+27.7%	$125.8M-39.3%	$207.4M+62.0%	$128.0M+17.7%	$108.7M+11.8%	$97.2M+35.1%	$71.9M-6.7%	$77.1M-16.7%	$92.5M+86.1%	$49.7M+27.7%	$38.9M+12.7%	$34.6M-8.1%	$37.6M+1.7%	$37.0M
Interest Expense	N/A	$8.0M+21.5%	$6.6M+79.7%	$3.7M+4.9%	$3.5M-89.7%	$33.9M+9.2%	$31.0M-1.0%	$31.3M+64.2%	$19.1M+9.5%	$17.4M+5.9%	$16.5M+23.5%	$13.3M+25.2%	$10.6M-13.5%	$12.3M-25.7%	$16.6M-8.7%	$18.1M
Income Tax	N/A	-$482Kn/m	-$614K-146.2%	$1.3Mn/m	-$145Kn/m	-$742Kn/m	-$283Kn/m	-$491Kn/m	-$29K-104.0%	$725K+111.4%	$343Kn/m	-$34K-148.6%	$70K-74.4%	$273Kn/m	$0n/m	$0
Net Income	-$36.4M	$5.6M-84.3%	$35.6M+330.1%	$8.3M-88.9%	$74.7M+241.4%	$21.9M-24.9%	$29.2M+21.2%	$24.1M+39.8%	$17.2M-18.3%	$21.0M-25.0%	$28.1M+42.9%	$19.6M+155.4%	$7.7M+4.8%	$7.3M	N/A	N/A
EPS (Basic)	N/A	-$0.07-120.6%	$0.34n/m	-$0.05-105.3%	$0.94	$0.17	$0.38-7.3%	$0.41+13.9%	$0.36-28.0%	$0.50-41.2%	$0.85+13.3%	$0.75+108.3%	$0.36-7.7%	$0.39	N/A	N/A
EPS (Diluted)	-$0.63	-$0.07-120.6%	$0.34n/m	-$0.05-105.3%	$0.94	$0.17	$0.38-7.3%	$0.41+13.9%	$0.36-28.0%	$0.50-41.2%	$0.85+13.3%	$0.75+108.3%	$0.36-7.7%	$0.39	N/A	N/A
Diluted Shares (Avg)	N/A	80M+13.4%	71M+4.4%	68M+0.2%	68M	61M	57M+7.9%	53M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-Q	Q3'2410-Q
Revenue	$52.5M+3.6%	$52.3M+4.3%	$55.9M+12.9%	$53.1M-53.6%	$50.7M-56.6%	$50.2M-60.5%	$49.5M	$114.4M-31.1%
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$51.5M+6.4%
SG&A Expenses	$5.0M+18.5%	$4.7M-34.1%	N/A	$4.4M-14.3%	$4.2M-6.3%	$7.2M+21.8%	N/A	$5.2M+21.0%
Operating Income	$9.8M-28.2%	$11.6M+48.0%	$15.9M-46.1%	$11.1M-18.7%	$13.6M+147.1%	$7.9M-25.0%	$29.5M	$13.7M-38.6%
EBITDA	$23.2M-33.0%	$25.2M+13.2%	$34.3M-27.4%	$29.8M-8.1%	$34.6M+56.1%	$22.3M-16.4%	$47.3M	$32.5M-19.4%
Interest Expense	$14.1M+632.8%	$13.8M+704.1%	N/A	$2.2M+24.8%	$1.9M+9.1%	$1.7M+28.7%	N/A	$1.7M-88.8%
Income Tax	N/A	N/A	N/A	$192K-67.6%	-$567Kn/m	$190K-64.4%	N/A	$592K+91.0%
Net Income	-$15.7M-363.5%	-$23.2Mn/m	$2.4M-89.8%	$80Kn/m	$5.9M+87.5%	-$2.8M-119.9%	$23.4M	-$5.0M-172.6%
EPS (Basic)	-$0.25	-$0.33	-$0.01-103.8%	-$0.04n/m	$0.04n/m	-$0.07	$0.26n/m	-$0.12
EPS (Diluted)	-$0.25	-$0.33	-$0.01-103.8%	-$0.04n/m	$0.04n/m	-$0.07	$0.26n/m	-$0.12
Diluted Shares (Avg)	75M	80M	80M+0.6%	80M+16.3%	80M+19.4%	80M	80M	69M

Not reported in any period shown, so not listed: Cost of Revenue, R&D Expenses.

AHRT Balance Sheet

AHRT quarterly balance sheet

Metric	FY25Filing	FY24Filing	FY23Filing	FY22Filing	FY21Filing	FY20Filing	FY19Filing	FY18Filing	FY17Filing	FY16Filing	FY15Filing	FY14Filing	FY13Filing	FY12Filing	FY11Filing
Total Assets	$2.6B+3.3%	$2.5B-2.0%	$2.6B+14.3%	$2.2B+15.7%	$1.9B+1.1%	$1.9B+6.2%	$1.8B+42.6%	$1.3B+21.3%	$1.0B+6.2%	$982.5M+42.5%	$689.5M+17.3%	$588.0M+35.1%	$435.3M+31.2%	$331.8M	N/A
Cash & Equivalents	$40.7M+85.3%	$22.0M+9.8%	$20.0M-57.8%	$47.5M+34.8%	$35.2M-14.0%	$41.0M+4.5%	$39.2M+84.6%	$21.3M+6.5%	$20.0M-9.0%	$21.9M-18.7%	$27.0M+4.3%	$25.9M+37.1%	$18.9M+100.9%	$9.4M-30.1%	$13.4M
Accounts Receivable	$64.7M+22.5%	$52.8M+16.1%	$45.5M+16.2%	$39.2M+32.5%	$29.6M+4.7%	$28.3M+20.4%	$23.5M+23.4%	$19.0M+21.2%	$15.7M+4.2%	$15.1M-31.5%	$22.0M+7.0%	$20.5M+12.5%	$18.3M+4.9%	$17.4M	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+0.9%	$1.1B+42.0%	$809.5M+30.0%	$622.8M-25.3%	$834.3M+30.4%	$640.0M+8.3%	$590.7M+22.6%	$481.8M+29.1%	$373.2M	N/A
Long-Term Debt	$1.3B-0.9%	$1.3B-7.3%	$1.4B+30.8%	$1.1B+16.4%	$917.6M-4.8%	$963.8M+1.4%	$950.5M+36.9%	$694.2M+34.2%	$517.3M-0.9%	$522.2M+38.3%	$377.6M+6.0%	$356.3M+28.3%	$277.7M-17.1%	$335.1M	N/A
Total Equity	$627.8M-6.4%	$670.6M+17.1%	$572.6M-11.6%	$647.5M+16.6%	$555.4M+6.1%	$523.2M+28.1%	$408.6M+49.2%	$273.9M+20.8%	$226.7M+53.0%	$148.1M+199.0%	$49.5Mn/m	-$2.7Mn/m	-$46.5Mn/m	-$41.3M	N/A
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-$41.3M	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-Q	Q3'2410-Q
Total Assets	$1.9B-25.2%	$2.5B+0.3%	$2.6B+3.3%	$2.6B+0.6%	$2.6B+0.3%	$2.5B-5.2%	$2.5B-2.0%	$2.6B+1.1%
Cash & Equivalents	$20.7M-5.9%	$28.5M+12.7%	$40.7M+85.3%	$46.5M+6.1%	$22.0M+8.1%	$25.3M-39.6%	$22.0M+9.8%	$43.9M+34.3%
Accounts Receivable	$62.5M+15.7%	$63.2M+21.8%	$64.7M+22.5%	$58.3M+13.4%	$54.0M+22.2%	$51.9M+20.3%	$52.8M+16.1%	$51.4M+17.4%
Total Liabilities	$1.2B-29.3%	$1.7B+7.3%	$1.8B+8.9%	$1.7B+3.2%	$1.7B-3.6%	$1.6B-11.2%	$1.6B-7.7%	$1.7B+0.8%
Long-Term Debt	$955.9M-33.9%	$1.2B-5.7%	$1.3B-0.9%	$1.5B+11.9%	$1.4B+1.9%	$1.3B-7.5%	$1.3B-7.3%	$1.3B+0.5%
Total Equity	$529.3M-18.8%	$569.5M-13.4%	$627.8M-6.4%	$638.8M-3.8%	$652.0M+15.9%	$657.4M+15.0%	$670.6M+17.1%	$663.9M+6.9%

Not reported in any period shown, so not listed: Current Assets, Short-Term Investments, Inventory, Long-Term Investments, Goodwill, Current Liabilities, Non-Current Liabilities, Retained Earnings.

AHRT Cash Flow Statement

AHRT quarterly cash flow statement

Metric	TTM	FY25Filing	FY24Filing	FY23Filing	FY22Filing	FY21Filing	FY20Filing	FY19Filing	FY18Filing	FY17Filing	FY16Filing	FY15Filing	FY14Filing	FY13Filing	FY12Filing	FY11Filing
Operating Cash Flow	$83.1M	$64.2M-42.6%	$112.0M+20.0%	$93.3M-20.1%	$116.9M+28.2%	$91.2M0.0%	$91.2M+34.6%	$67.7M+20.8%	$56.1M+9.5%	$51.2M-10.1%	$57.0M+71.3%	$33.3M+6.1%	$31.4M+41.4%	$22.2M-0.7%	$22.3M-3.7%	$23.2M
Depreciation & Amortization	N/A	$72.5M+6.3%	$68.1M+5.3%	$64.7M-11.3%	$73.0M+6.0%	$68.9M+14.8%	$60.0M+9.9%	$54.6M+36.7%	$39.9M+6.9%	$37.3M+5.6%	$35.3M+52.6%	$23.2M+31.8%	$17.6M+17.9%	$14.9M+15.4%	$12.9M-0.7%	$13.0M
Stock-Based Compensation	N/A	$6.8M+34.3%	$5.1M+38.6%	$3.7M+12.3%	$3.3M+46.8%	$2.2M-6.2%	$2.4M+47.4%	$1.6M+25.9%	$1.3M-3.2%	$1.3M+22.3%	$1.1M+16.2%	$931K+1.5%	$917K-26.6%	$1.2M	N/A	N/A
Investing Cash Flow	N/A	N/A	-$26.7Mn/m	-$237.3Mn/m	-$33.2Mn/m	-$57.6Mn/m	-$26.2Mn/m	-$295.1Mn/m	-$240.6Mn/m	-$95.4Mn/m	-$223.0Mn/m	-$58.0Mn/m	-$105.3Mn/m	-$47.9Mn/m	-$4.7Mn/m	-$6.0M
Financing Cash Flow	N/A	$52.5Mn/m	-$43.3M-135.4%	$122.3Mn/m	-$72.2Mn/m	-$43.5Mn/m	-$58.1M-123.5%	$246.9M+33.0%	$185.6M+343.6%	$41.8M-74.1%	$161.4M+561.6%	$24.4M-69.9%	$80.9M+129.6%	$35.3Mn/m	-$21.7Mn/m	-$12.2M
Dividends Paid	$78.6M	$75.2M-10.3%	$83.9M+4.3%	$80.4M+10.8%	$72.6M+23.6%	$58.7M+23.3%	$47.6M-22.6%	$61.5M+20.8%	$50.9M+16.7%	$43.6M+28.9%	$33.8M+25.2%	$27.0M+22.3%	$22.1M+185.7%	$7.7M	N/A	N/A
Share Buybacks	N/A	$0n/m	$0-100.0%	$12.6Mn/m	$0n/m	$0	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-Q	Q3'2410-Q
Operating Cash Flow	$29.2M+163.0%	$12.5M+11560.7%	$26.7M+28.6%	$14.7M-46.2%	$11.1M-36.2%	$107K-99.8%	$20.8M+38.5%	$27.3M-27.7%
Depreciation & Amortization	$13.4M-36.2%	$13.6M-5.8%	$18.4M+3.5%	$18.7M-0.3%	$21.0M+25.9%	$14.4M-10.8%	$17.8M+4.6%	$18.7M+4.7%
Stock-Based Compensation	N/A	$1.4M-60.9%	N/A	N/A	N/A	$3.5M+58.0%	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	-$40.5Mn/m	-$17.5Mn/m	-$21.5Mn/m	$40.9Mn/m	-$14.4Mn/m
Financing Cash Flow	N/A	N/A	$32.9Mn/m	$9.5M-14.5%	$12.4Mn/m	-$2.3M-127.9%	-$35.2M-187.8%	$11.1M-68.5%
Dividends Paid	$16.5M-3.7%	$27.7M+17.1%	$6.0M-72.1%	$28.4M+34.1%	$17.2M-18.5%	$23.7M+17.6%	$21.5M+4.3%	$21.2M+3.9%
Share Buybacks	$12.4Mn/m	$21.0Mn/m	N/A	N/A	$0	$0	N/A	N/A

Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow.

AHRT Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

AHRT quarterly financial ratios

Metric	FY25Filing	FY24Filing	FY23Filing	FY22Filing	FY21Filing	FY20Filing	FY19Filing	FY18Filing	FY17Filing	FY16Filing	FY15Filing	FY14Filing	FY13Filing	FY12Filing	FY11Filing
Gross Margin	N/A	N/A	44.5%+9.1pp	35.5%-11.7pp	47.2%+16.7pp	30.5%-10.8pp	41.4%-0.6pp	41.9%+3.6pp	38.4%	N/A	N/A	27.9%-2.1pp	30.0%-7.6pp	37.6%+6.4pp	31.3%
Operating Margin	28.3%+7.0pp	21.4%+6.6pp	14.8%-13.8pp	28.5%+9.0pp	19.6%+6.8pp	12.7%-3.9pp	16.6%0.0pp	16.6%+3.4pp	13.2%-9.0pp	22.1%+11.6pp	10.5%-2.2pp	12.7%-1.3pp	14.0%-8.7pp	22.8%+4.3pp	18.4%
Net Margin	2.0%-6.3pp	8.2%+6.2pp	2.0%-13.9pp	15.9%+8.6pp	7.2%-0.4pp	7.6%-1.8pp	9.3%+0.5pp	8.9%+1.9pp	7.0%-3.9pp	10.9%+3.1pp	7.8%+3.2pp	4.6%-0.7pp	5.2%	N/A	N/A
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%-0.3pp	5.9%-0.4pp	6.3%-3.0pp	9.3%-9.7pp	18.9%-20.7pp	39.6%	N/A	N/A	N/A	N/A
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%+0.2pp	1.3%0.0pp	1.4%-0.7pp	2.0%-0.8pp	2.9%0.0pp	2.9%+1.5pp	1.3%-0.4pp	1.7%	N/A	N/A
Debt-to-Equity	2.05+0.1x	1.93-0.5x	2.44+0.8x	1.650.0x	1.65-0.2x	1.84-0.5x	2.33-0.2x	2.53+0.3x	2.28-1.2x	3.52-4.1x	7.62	N/A	N/A	N/A	N/A
Liabilities-to-Equity	2.82+0.4x	2.42-0.6x	3.07+1.0x	2.070.0x	2.09-0.1x	2.22-0.6x	2.81-0.1x	2.96+0.2x	2.75-2.9x	5.63-7.3x	12.92	N/A	N/A	N/A	N/A
Asset Turnover	0.11-0.1x	0.170.0x	0.160.0x	0.21+0.1x	0.160.0x	0.20+0.1x	0.140.0x	0.15-0.1x	0.290.0x	0.26-0.1x	0.37+0.1x	0.290.0x	0.320.0x	0.33	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-Q	Q3'2410-Q
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	45.0%+15.9pp
Operating Margin	18.6%-8.2pp	22.2%+6.6pp	28.5%-31.1pp	21.0%+9.0pp	26.9%+22.1pp	15.7%+7.4pp	59.6%	12.0%-1.5pp
Net Margin	-29.8%-41.6pp	-44.3%-38.7pp	4.3%-43.1pp	0.1%+4.6pp	11.7%+9.0pp	-5.6%-16.7pp	47.3%	-4.4%-8.6pp
Return on Equity	-3.0%-3.9pp	-4.1%-3.6pp	0.4%-3.1pp	0.0%+0.8pp	0.9%+0.4pp	-0.4%-2.9pp	3.5%	-0.8%-1.9pp
Return on Assets	-0.8%-1.0pp	-0.9%-0.8pp	0.1%-0.8pp	0.0%+0.2pp	0.2%+0.1pp	-0.1%-0.7pp	0.9%	-0.2%-0.5pp
Debt-to-Equity	1.81-0.4x	2.19+0.2x	2.05+0.1x	2.33+0.3x	2.22-0.3x	2.01-0.5x	1.93-0.5x	2.00-0.1x
Liabilities-to-Equity	2.29-0.3x	3.01+0.6x	2.82+0.4x	2.71+0.2x	2.63-0.5x	2.43-0.7x	2.42-0.6x	2.53-0.2x
Asset Turnover	0.030.0x	0.020.0x	0.020.0x	0.020.0x	0.020.0x	0.020.0x	0.02	0.040.0x

Not reported in any period shown, so not listed: Current Ratio, FCF Margin.

Where AH Realty Trust, Inc. Ranks

Frequently Asked Questions

What is AH Realty Trust, Inc.'s annual revenue?

AH Realty Trust, Inc. (AHRT) 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 AH Realty Trust, Inc.'s revenue growing?

AH Realty Trust, Inc. (AHRT) revenue declined by 34.2% year-over-year, from $433.2M to $285.2M in fiscal year 2025.

Is AH Realty Trust, Inc. profitable?

No, AH Realty Trust, Inc. (AHRT) reported a net loss of $36.4M over the trailing 12 months to June 30, 2026. In fiscal year 2025 it reported a net income of $5.6M, with a net profit margin of 2.0%.

What is AH Realty Trust, Inc.'s EBITDA?

AH Realty Trust, Inc. (AHRT) had EBITDA of $153.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does AH Realty Trust, Inc. have?

As of fiscal year 2025, 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 28.3% in fiscal year 2025, 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 2.0% in fiscal year 2025, 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 2025.

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

AH Realty Trust, Inc. (AHRT) has a return on equity of 0.9% for fiscal year 2025, 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 2025, 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 2025, 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 2025.

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 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.

What is AH Realty Trust, Inc.'s liabilities-to-equity ratio?

AH Realty Trust, Inc. (AHRT) had a liabilities-to-equity ratio of 2.82 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.

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

AH Realty Trust, Inc. (AHRT) 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 AH Realty Trust, Inc.'s P/E ratio?

AH Realty Trust, Inc. (AHRT) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $453.5M as of Oct 30, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is AH Realty Trust, Inc.'s price-to-sales ratio?

AH Realty Trust, Inc. (AHRT) trades at 2.1x sales, its market capitalization divided by $213.9M revenue, trailing 12 months to June 30, 2026. The market capitalization is $453.5M as of Oct 30, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

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

AH Realty Trust, Inc. (AHRT) has a Piotroski F-Score of 4 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 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 AH Realty Trust, Inc. cover its interest payments?

AH Realty Trust, Inc. (AHRT) has an interest coverage ratio of 10.10x, 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 48 out of 100 on our Financial Health Score, indicating moderate standing within its REITs peer group. The score is the average of six dimensions (FFO Margin, FFO Growth, Leverage, Interest Cov., AFFO Margin, Dividend Cov.), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.