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AH Realty Trust, Inc. AHRT

NYSE · reit · Real Estate · website · IPO 2023-01-17

AH Realty Trust, Inc. statistics & valuation

Market cap$10.9B
P / S51.7×
P / B13.1×
Dividend yield0.69%
Net margin2.7%
Return on equity0.7%
Net debt$1.2B
Net debt / EBITDA10.3×
Enterprise value USD$12.1B
EV / EBITDA99.9×
Earnings yield EBIT/EV0.4%

Market cap as of 2026-06-30. Multiples are price-derived and refreshed daily; everything else from the latest financial reports.

Profitability & efficiency

Net margin (%)
10.90% 7.00% 8.90% 9.40% 7.60% 7.20% 15.90% 2.00% 8.20% 2.70% 2016201720182019202020212022202320242025
Gross margin (%)
41.90% 41.40% 30.50% 47.20% 35.50% 44.50% 2016201720182019202020212022202320242025
Operating margin (%)
22.10% 13.10% 16.60% 16.60% 12.70% 19.60% 28.50% 14.80% 13.70% 23.10% 2016201720182019202020212022202320242025
Return on equity (%)
8.00% 5.00% 3.80% 3.70% 3.90% 2.80% 8.30% 1.00% 4.00% 0.70% 2016201720182019202020212022202320242025
Shares outstanding
37.5M 44.9M 50.0M 56.3M 59.1M 63.0M 67.7M 67.7M 79.7M 80.2M 2016201720182019202020212022202320242025
Net debt ($)
$500.2M $497.3M $673.0M $911.3M $922.8M $882.3M $1.02B $1.38B $1.27B $1.24B 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
2.90% 2.00% 1.40% 1.30% 1.50% 1.10% 3.30% 0.30% 1.40% 0.20% 2016201720182019202020212022202320242025
Free cash flow margin (%)
2016201720182019202020212022202320242025
Debt / equity (×)
1.50× 1.23× 1.52× 1.45× 1.27× 1.18× 1.18× 1.73× 1.46× 1.55× 2016201720182019202020212022202320242025
EPS ($)
$0.41 $0.38 $0.17 $0.94 -$0.05 $0.34 -$0.08 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

AH Realty Trust, Inc. trades at about 20× earnings — below its 10-year norm (10-year range 13.5×–82.5×, median 28.8×).

13.5× 82.5×

Shaded band = 10-year range (13.5×–82.5×); dot = today's 20×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Gross margin——44.5%35.5%47.2%30.5%41.4%41.9%——
Operating margin23.1%13.7%14.8%28.5%19.6%12.7%16.6%16.6%13.1%22.1%
Net margin2.7%8.2%2.0%15.9%7.2%7.6%9.4%8.9%7.0%10.9%
Return on assets0.2%1.4%0.3%3.3%1.1%1.5%1.3%1.4%2.0%2.9%
Return on equity0.7%4.0%1.0%8.3%2.8%3.9%3.7%3.8%5.0%8.0%
Debt / equity1.55×1.46×1.73×1.18×1.18×1.27×1.45×1.52×1.23×1.50×

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.