Armada Hoffler Properties, Inc. (AHH)

Armada Hoffler Properties Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Property, Plant & Equipment	2,076	1,851	1,916	1,677	1,516	1,547
Total Real Estate Assets	2,082	1,857	1,928	1,683	1,522	1,560
Cash & Equivalents	46.51	70.64	27.92	48.14	35.25	41
Accounts Receivable	95.5	137.49	172.08	110.35	47.68	67.13
Other Intangible Assets	80.18	89.74	109.14	103.87	62.04	58.15
Loans Receivable Current	152.29	132.57	94.17	136.04	126.43	135.43
Restricted Cash	3.31	1.58	2.25	3.73	5.2	9.43
Other Current Assets	4.8	22.59	33.01	30.52	99.1	12.71
Trading Asset Securities	13.97	15.86	28.86	29.12	2.93	0.09
Deferred Long-Term Charges	-	27.34	25.68	25.73	24.66	31.69
Other Long-Term Assets	98.92	158.15	142.03	71.98	12.69	1.08
Total Assets	2,577	2,513	2,563	2,242	1,938	1,917
Current Portion of Long-Term Debt	241.57	129.5	-	-	-	-
Current Portion of Leases	-	5.47	-	-	-	-
Long-Term Debt	1,239	1,160	1,391	1,062	921.02	978.7
Long-Term Leases	130.63	124.66	129.52	84.29	77.81	59.61
Accounts Payable	41.3	38.84	31.04	26.84	29.59	23.9
Other Current Liabilities	-	23.67	19.93	19.78	58.61	11.75
Long-Term Unearned Revenue	5.76	16.4	34.18	28.45	16.18	15.16
Other Long-Term Liabilities	75.7	124.72	152.21	116.82	55.04	71.05
Total Liabilities	1,733	1,623	1,758	1,338	1,158	1,160
Preferred Stock, Convertible	171.09	171.09	171.09	171.09	171.09	171.09
Common Stock	0.8	0.8	0.67	0.68	0.63	0.59
Additional Paid-In Capital	723.8	714.64	580.69	587.88	525.03	472.75
Distributions in Excess of Earnings	-257.72	-218.62	-184.72	-126.88	-141.36	-112.36
Comprehensive Income & Other	0.87	2.74	4.91	14.68	-0.03	-8.87
Total Common Equity	467.75	499.55	401.54	476.37	384.27	352.11
Minority Interest	204.8	219.03	232.56	256.56	224.47	233.6
Shareholders' Equity	843.64	889.67	805.18	904.01	779.82	756.8
Total Liabilities & Equity	2,577	2,513	2,563	2,242	1,938	1,917
Total Debt	1,611	1,420	1,520	1,146	998.83	1,038
Net Cash (Debt)	-1,550	-1,333	-1,464	-1,069	-960.66	-997.22
Net Cash Per Share	-19.37	-18.87	-21.62	-15.82	-15.84	-17.40
Filing Date Shares Outstanding	80.15	79.92	66.79	67.71	67.32	59.3
Total Common Shares Outstanding	80.15	79.7	66.79	67.73	63.01	59.07
Book Value Per Share	5.84	6.27	6.01	7.03	6.10	5.96
Tangible Book Value	387.57	409.81	292.4	372.5	322.23	293.96
Tangible Book Value Per Share	4.84	5.14	4.38	5.50	5.11	4.98
Land	-	273.02	279.14	285.03	256.73	261.98
Buildings	-	1,829	1,741	1,528	1,336	1,358
Construction In Progress	27.89	17.52	102.28	53.07	72.54	63.37

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q