vs
Side-by-side financial comparison of Armada Hoffler Properties, Inc. (AHH) and Urban Edge Properties (UE). Click either name above to swap in a different company.
Urban Edge Properties is the larger business by last-quarter revenue ($119.6M vs $75.6M, roughly 1.6× Armada Hoffler Properties, Inc.). Urban Edge Properties runs the higher net margin — 10.4% vs 3.1%, a 7.2% gap on every dollar of revenue. On growth, Urban Edge Properties posted the faster year-over-year revenue change (2.7% vs 0.8%). Over the past eight quarters, Urban Edge Properties's revenue compounded faster (4.4% CAGR vs -22.8%).
Armada Hoffler Properties, Inc. is a publicly traded U.S. real estate investment trust operating across the Mid-Atlantic and Southeast regions. It develops, owns, and manages a diversified portfolio of office, retail, and multifamily residential properties, and also offers construction and development services for third-party clients.
Urban Edge Properties is a publicly traded real estate investment trust (REIT) that owns, operates, and develops high-quality retail and mixed-use properties, primarily located in densely populated urban and suburban markets across the United States. Its portfolio covers grocery-anchored shopping centers, lifestyle outlets, and community-focused commercial assets.
AHH vs UE — Head-to-Head
Income Statement — Q4 2025 vs Q4 2025
| Metric | | |
|---|---|---|
| Revenue | $75.6M | $119.6M |
| Net Profit | $2.4M | $12.4M |
| Gross Margin | — | — |
| Operating Margin | 31.0% | 11.3% |
| Net Margin | 3.1% | 10.4% |
| Revenue YoY | 0.8% | 2.7% |
| Net Profit YoY | -89.8% | -58.8% |
| EPS (diluted) | $0.00 | $0.09 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $75.6M | $119.6M | ||
| Q3 25 | $23.2M | $120.1M | ||
| Q2 25 | $32.0M | $114.1M | ||
| Q1 25 | $46.6M | $118.2M | ||
| Q4 24 | $75.0M | $116.4M | ||
| Q3 24 | $114.4M | $112.4M | ||
| Q2 24 | $116.8M | $106.5M | ||
| Q1 24 | $127.0M | $109.6M |
| Q4 25 | $2.4M | $12.4M | ||
| Q3 25 | $80.0K | $14.9M | ||
| Q2 25 | $5.9M | $58.0M | ||
| Q1 25 | $-2.8M | $8.2M | ||
| Q4 24 | $23.4M | $30.1M | ||
| Q3 24 | $-5.0M | $9.1M | ||
| Q2 24 | $3.2M | $30.8M | ||
| Q1 24 | $14.1M | $2.6M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 45.0% | — | ||
| Q2 24 | 41.8% | — | ||
| Q1 24 | 37.9% | — |
| Q4 25 | 31.0% | 11.3% | ||
| Q3 25 | 91.5% | 13.4% | ||
| Q2 25 | 63.9% | 53.9% | ||
| Q1 25 | 33.8% | 7.6% | ||
| Q4 24 | 50.1% | 27.6% | ||
| Q3 24 | 19.0% | 8.9% | ||
| Q2 24 | 11.9% | 30.6% | ||
| Q1 24 | 15.1% | 2.8% |
| Q4 25 | 3.1% | 10.4% | ||
| Q3 25 | 0.3% | 12.4% | ||
| Q2 25 | 18.6% | 50.8% | ||
| Q1 25 | -6.0% | 6.9% | ||
| Q4 24 | 31.2% | 25.9% | ||
| Q3 24 | -4.4% | 8.1% | ||
| Q2 24 | 2.7% | 28.9% | ||
| Q1 24 | 11.1% | 2.4% |
| Q4 25 | $0.00 | $0.09 | ||
| Q3 25 | $-0.04 | $0.12 | ||
| Q2 25 | $0.04 | $0.46 | ||
| Q1 25 | $-0.07 | $0.07 | ||
| Q4 24 | $0.28 | $0.25 | ||
| Q3 24 | $-0.11 | $0.07 | ||
| Q2 24 | $0.00 | $0.26 | ||
| Q1 24 | $0.17 | $0.02 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $49.1M | $48.9M |
| Total DebtLower is stronger | $1.5B | — |
| Stockholders' EquityBook value | $627.8M | $1.4B |
| Total Assets | $2.6B | $3.3B |
| Debt / EquityLower = less leverage | 2.43× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $49.1M | $48.9M | ||
| Q3 25 | $46.5M | $77.8M | ||
| Q2 25 | $52.1M | $53.0M | ||
| Q1 25 | $45.7M | $48.0M | ||
| Q4 24 | $31.9M | $41.4M | ||
| Q3 24 | $43.9M | $67.9M | ||
| Q2 24 | $20.3M | $78.6M | ||
| Q1 24 | $41.9M | $67.3M |
| Q4 25 | $1.5B | — | ||
| Q3 25 | $1.5B | — | ||
| Q2 25 | $1.4B | — | ||
| Q1 25 | $1.3B | — | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $1.3B | — | ||
| Q2 24 | $1.4B | — | ||
| Q1 24 | $1.4B | — |
| Q4 25 | $627.8M | $1.4B | ||
| Q3 25 | $638.8M | $1.4B | ||
| Q2 25 | $652.0M | $1.4B | ||
| Q1 25 | $657.4M | $1.4B | ||
| Q4 24 | $670.6M | $1.4B | ||
| Q3 24 | $663.9M | $1.3B | ||
| Q2 24 | $562.7M | $1.3B | ||
| Q1 24 | $571.4M | $1.2B |
| Q4 25 | $2.6B | $3.3B | ||
| Q3 25 | $2.6B | $3.3B | ||
| Q2 25 | $2.6B | $3.3B | ||
| Q1 25 | $2.5B | $3.3B | ||
| Q4 24 | $2.5B | $3.3B | ||
| Q3 24 | $2.6B | $3.2B | ||
| Q2 24 | $2.6B | $3.2B | ||
| Q1 24 | $2.6B | $3.2B |
| Q4 25 | 2.43× | — | ||
| Q3 25 | 2.33× | — | ||
| Q2 25 | 2.22× | — | ||
| Q1 25 | 2.01× | — | ||
| Q4 24 | 1.93× | — | ||
| Q3 24 | 2.00× | — | ||
| Q2 24 | 2.52× | — | ||
| Q1 24 | 2.50× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $51.0M |
| Free Cash FlowOCF − Capex | — | $24.2M |
| FCF MarginFCF / Revenue | — | 20.2% |
| Capex IntensityCapex / Revenue | — | 22.4% |
| Cash ConversionOCF / Net Profit | — | 4.10× |
| TTM Free Cash FlowTrailing 4 quarters | — | $81.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $51.0M | ||
| Q3 25 | $26.3M | $55.7M | ||
| Q2 25 | $11.1M | $43.5M | ||
| Q1 25 | $107.0K | $32.6M | ||
| Q4 24 | $20.8M | $52.4M | ||
| Q3 24 | $27.3M | $36.6M | ||
| Q2 24 | $17.4M | $41.2M | ||
| Q1 24 | $46.5M | $22.9M |
| Q4 25 | — | $24.2M | ||
| Q3 25 | — | $26.1M | ||
| Q2 25 | — | $19.6M | ||
| Q1 25 | — | $11.9M | ||
| Q4 24 | — | $7.8M | ||
| Q3 24 | — | $12.2M | ||
| Q2 24 | — | $19.9M | ||
| Q1 24 | — | $2.7M |
| Q4 25 | — | 20.2% | ||
| Q3 25 | — | 21.7% | ||
| Q2 25 | — | 17.2% | ||
| Q1 25 | — | 10.0% | ||
| Q4 24 | — | 6.7% | ||
| Q3 24 | — | 10.8% | ||
| Q2 24 | — | 18.6% | ||
| Q1 24 | — | 2.5% |
| Q4 25 | — | 22.4% | ||
| Q3 25 | — | 24.6% | ||
| Q2 25 | — | 20.9% | ||
| Q1 25 | — | 17.5% | ||
| Q4 24 | — | 38.4% | ||
| Q3 24 | — | 21.7% | ||
| Q2 24 | — | 20.1% | ||
| Q1 24 | — | 18.4% |
| Q4 25 | — | 4.10× | ||
| Q3 25 | 328.63× | 3.73× | ||
| Q2 25 | 1.87× | 0.75× | ||
| Q1 25 | — | 3.97× | ||
| Q4 24 | 0.89× | 1.74× | ||
| Q3 24 | — | 4.03× | ||
| Q2 24 | 5.48× | 1.34× | ||
| Q1 24 | 3.30× | 8.81× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AHH
| Office Real Estate Segment | $28.8M | 38% |
| Retail Real Estate Segment | $25.4M | 34% |
| Multifamily Residential Real Estate | $17.7M | 23% |
| Real Estate Financing Segment | $3.6M | 5% |
UE
Segment breakdown not available.
