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Side-by-side financial comparison of ACADIA REALTY TRUST (AKR) and LandBridge Co LLC (LB). Click either name above to swap in a different company.
LandBridge Co LLC is the larger business by last-quarter revenue ($56.8M vs $54.7M, roughly 1.0× ACADIA REALTY TRUST). ACADIA REALTY TRUST runs the higher net margin — 55.7% vs 14.2%, a 41.5% gap on every dollar of revenue. On growth, LandBridge Co LLC posted the faster year-over-year revenue change (55.6% vs 6.4%). Over the past eight quarters, LandBridge Co LLC's revenue compounded faster (72.8% CAGR vs -22.0%).
Acadia Realty Trust is a publicly traded real estate investment trust (REIT) that specializes in owning, operating, and redeveloping high-quality retail and mixed-use properties, primarily in dense, high-barrier-to-entry U.S. markets. Its portfolio includes neighborhood shopping centers, urban street retail assets, and community-focused mixed-use developments.
AKR vs LB — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $54.7M | $56.8M |
| Net Profit | $30.5M | $8.1M |
| Gross Margin | — | — |
| Operating Margin | 289.7% | 60.0% |
| Net Margin | 55.7% | 14.2% |
| Revenue YoY | 6.4% | 55.6% |
| Net Profit YoY | — | -83.7% |
| EPS (diluted) | — | $0.24 |
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.
| Q1 26 | $54.7M | — | ||
| Q4 25 | — | $56.8M | ||
| Q3 25 | — | $50.8M | ||
| Q2 25 | — | $47.5M | ||
| Q1 25 | — | $44.0M | ||
| Q4 24 | $93.3M | $36.5M | ||
| Q3 24 | $87.7M | $28.5M | ||
| Q2 24 | $87.3M | $26.0M |
| Q1 26 | $30.5M | — | ||
| Q4 25 | — | $8.1M | ||
| Q3 25 | — | $8.1M | ||
| Q2 25 | — | $7.5M | ||
| Q1 25 | — | $6.5M | ||
| Q4 24 | $1.2M | $49.3M | ||
| Q3 24 | $12.3M | $2.7M | ||
| Q2 24 | $1.6M | $-57.7M |
| Q1 26 | 289.7% | — | ||
| Q4 25 | — | 60.0% | ||
| Q3 25 | — | 60.8% | ||
| Q2 25 | — | 60.0% | ||
| Q1 25 | — | 57.0% | ||
| Q4 24 | 17.5% | 49.4% | ||
| Q3 24 | 19.9% | 11.2% | ||
| Q2 24 | 20.4% | -197.4% |
| Q1 26 | 55.7% | — | ||
| Q4 25 | — | 14.2% | ||
| Q3 25 | — | 15.9% | ||
| Q2 25 | — | 15.8% | ||
| Q1 25 | — | 14.7% | ||
| Q4 24 | 1.2% | 135.2% | ||
| Q3 24 | 14.0% | 9.3% | ||
| Q2 24 | 1.8% | -222.1% |
| Q1 26 | — | — | ||
| Q4 25 | — | $0.24 | ||
| Q3 25 | — | $0.26 | ||
| Q2 25 | — | $0.24 | ||
| Q1 25 | — | $0.20 | ||
| Q4 24 | $0.08 | — | ||
| Q3 24 | $0.07 | $-0.04 | ||
| Q2 24 | $0.01 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $31.4K | $30.7M |
| Total DebtLower is stronger | — | $570.7M |
| Stockholders' EquityBook value | $6.0M | $340.3M |
| Total Assets | $4.5M | $1.4B |
| Debt / EquityLower = less leverage | — | 1.68× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $31.4K | — | ||
| Q4 25 | — | $30.7M | ||
| Q3 25 | — | $28.3M | ||
| Q2 25 | — | $20.3M | ||
| Q1 25 | — | $14.9M | ||
| Q4 24 | $16.8M | $37.0M | ||
| Q3 24 | $46.2M | $14.4M | ||
| Q2 24 | $31.9M | $24.6M |
| Q1 26 | — | — | ||
| Q4 25 | — | $570.7M | ||
| Q3 25 | — | $366.1M | ||
| Q2 25 | — | $370.9M | ||
| Q1 25 | — | $375.5M | ||
| Q4 24 | $1.5B | $385.5M | ||
| Q3 24 | $1.6B | $242.4M | ||
| Q2 24 | $1.7B | $360.8M |
| Q1 26 | $6.0M | — | ||
| Q4 25 | — | $340.3M | ||
| Q3 25 | — | $272.0M | ||
| Q2 25 | — | $266.4M | ||
| Q1 25 | — | $217.0M | ||
| Q4 24 | $2.1B | $211.8M | ||
| Q3 24 | $1.9B | $97.2M | ||
| Q2 24 | $1.8B | $296.4M |
| Q1 26 | $4.5M | — | ||
| Q4 25 | — | $1.4B | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $1.1B | ||
| Q1 25 | — | $1.0B | ||
| Q4 24 | $4.4B | $1.0B | ||
| Q3 24 | $4.3B | $689.9M | ||
| Q2 24 | $4.3B | $710.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.68× | ||
| Q3 25 | — | 1.35× | ||
| Q2 25 | — | 1.39× | ||
| Q1 25 | — | 1.73× | ||
| Q4 24 | 0.74× | 1.82× | ||
| Q3 24 | 0.82× | 2.49× | ||
| Q2 24 | 0.95× | 1.22× |
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 | — | $126.3M |
| Free Cash FlowOCF − Capex | — | $122.0M |
| FCF MarginFCF / Revenue | — | 214.9% |
| Capex IntensityCapex / Revenue | 3.2% | 7.5% |
| Cash ConversionOCF / Net Profit | — | 15.68× |
| TTM Free Cash FlowTrailing 4 quarters | — | $207.7M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $126.3M | ||
| Q3 25 | — | $34.9M | ||
| Q2 25 | — | $37.3M | ||
| Q1 25 | — | $15.9M | ||
| Q4 24 | $140.4M | $67.6M | ||
| Q3 24 | $44.6M | $7.5M | ||
| Q2 24 | $32.0M | $16.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | $122.0M | ||
| Q3 25 | — | $33.7M | ||
| Q2 25 | — | $36.1M | ||
| Q1 25 | — | $15.8M | ||
| Q4 24 | — | $66.7M | ||
| Q3 24 | — | $7.1M | ||
| Q2 24 | — | $15.7M |
| Q1 26 | — | — | ||
| Q4 25 | — | 214.9% | ||
| Q3 25 | — | 66.3% | ||
| Q2 25 | — | 75.9% | ||
| Q1 25 | — | 36.0% | ||
| Q4 24 | — | 182.6% | ||
| Q3 24 | — | 25.1% | ||
| Q2 24 | — | 60.4% |
| Q1 26 | 3.2% | — | ||
| Q4 25 | — | 7.5% | ||
| Q3 25 | — | 2.3% | ||
| Q2 25 | — | 2.6% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | — | 2.7% | ||
| Q3 24 | — | 1.1% | ||
| Q2 24 | — | 1.4% |
| Q1 26 | — | — | ||
| Q4 25 | — | 15.68× | ||
| Q3 25 | — | 4.31× | ||
| Q2 25 | — | 4.98× | ||
| Q1 25 | — | 2.46× | ||
| Q4 24 | 121.08× | 1.37× | ||
| Q3 24 | 3.64× | 2.80× | ||
| Q2 24 | 20.25× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AKR
| Minimum rents | $42.4M | 77% |
| Other | $12.3M | 23% |
LB
Segment breakdown not available.
