Comprehensive Stock Comparison

Compare Acadia Realty Trust (AKR) vs Welltower Inc. (WELL) Stock

Analyze side-by-side fundamentals, valuation, growth, and profitability to decide which stock is the better buy.

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Quick Verdict

CategoryWinnerWhy
GrowthWELL38.0% revenue growth vs AKR's 14.2%
ValueWELLLower P/E (73.3x vs 73.4x)
Quality / MarginsWELL8.6% net margin vs AKR's 4.4%
Stability / SafetyWELLBeta 0.29 vs AKR's 0.77, lower leverage
DividendsAKR3.8% yield; 1-year raise streak; WELL pays no meaningful dividend
Momentum (1Y)WELL+36.8% vs AKR's -5.8%
Efficiency (ROA)WELL1.4% ROA vs AKR's 0.4%, ROIC 0.9% vs 1.5%
Bottom line: WELL leads in 6 of 7 categories, making it the stronger pick for investors who prioritize growth and revenue expansion and valuation and capital efficiency. Acadia Realty Trust is the better choice for dividend income and shareholder returns. As direct sector peers, they can serve as alternatives in the same portfolio allocation.

Who Each Stock Is For

Income & stability

Growth exposure

Long-term compounding (10Y)

Sleep-well-at-night portfolio

Defensive / Recession hedge

Business Model

What each company does and how it makes money

AKRAcadia Realty Trust
Real Estate

Acadia Realty Trust is a retail-focused real estate investment trust that owns and operates shopping centers and urban retail properties primarily in high-density, affluent metropolitan areas. It generates revenue through rental income from its Core Portfolio — which contributes about 70% of earnings — and through management fees and carried interest from its series of institutional real estate funds. The company's competitive advantage lies in its strategic focus on high-barrier-to-entry urban retail locations and its dual-platform structure that provides both stable income and opportunistic growth potential.

WELLWelltower Inc.
Real Estate

Welltower is a healthcare-focused real estate investment trust that owns and invests in seniors housing communities, post-acute care facilities, and outpatient medical properties. It generates revenue primarily through rental income from its healthcare real estate portfolio — with seniors housing contributing roughly 60% of net operating income, outpatient medical properties about 25%, and post-acute care facilities the remainder. The company's competitive advantage lies in its scale and strategic partnerships with leading healthcare operators, creating a diversified portfolio concentrated in high-growth markets across the U.S., Canada, and the U.K.

Revenue Breakdown by Segment

How each company's revenue is distributed across its business units

AKRAcadia Realty Trust
FY 2025
Real Estate, Other
100.0%$9M
WELLWelltower Inc.
FY 2025
Senior Housing - Operating
81.1%$8.5B
Triple Net
11.4%$1.2B
Outpatient Medical
7.5%$782M

Financial Metrics Comparison

Side-by-side fundamentals across 2 stocks. BestLagging

Financial Scorecard

WELL 2AKR 1
Financial MetricsTie3/6 metrics
Valuation MetricsAKR4/6 metrics
Profitability & EfficiencyTie4/8 metrics
Total ReturnsWELL6/6 metrics
Risk & VolatilityWELL2/2 metrics
Analyst Outlook0/0 metrics

WELL leads in 2 of 6 categories (Total Returns, Risk & Volatility). AKR leads in 1 (Valuation Metrics). 2 tied.

Financial Metrics (TTM)

WELL is the larger business by revenue, generating $10.8B annually — 27.1x AKR's $399M. Profitability is closely matched — net margins range from 8.6% (WELL) to 4.4% (AKR). On growth, WELL holds the edge at +46.3% YoY revenue growth, suggesting stronger near-term business momentum.

MetricAKRAcadia Realty Tru…WELLWelltower Inc.
RevenueTrailing 12 months$399M$10.8B
EBITDAEarnings before interest/tax$198M$2.6B
Net IncomeAfter-tax profit$18M$934M
Free Cash FlowCash after capex$104M$2.1B
Gross MarginGross profit ÷ Revenue+69.9%+20.9%
Operating MarginEBIT ÷ Revenue+11.3%+4.9%
Net MarginNet income ÷ Revenue+4.4%+8.6%
FCF MarginFCF ÷ Revenue+26.1%+19.4%
Rev. Growth (YoY)Latest quarter vs prior year+15.1%+46.3%
EPS Growth (YoY)Latest quarter vs prior year-50.4%-26.3%
Evenly matched — AKR and WELL each lead in 3 of 6 comparable metrics.

Valuation Metrics

At 149.0x trailing earnings, WELL trades at a 29% valuation discount to AKR's 209.2x P/E. On an enterprise value basis, AKR's 19.0x EV/EBITDA is more attractive than WELL's 54.4x.

MetricAKRAcadia Realty Tru…WELLWelltower Inc.
Market CapShares × price$2.7B$144.3B
Enterprise ValueMkt cap + debt − cash$4.6B$142.0B
Trailing P/EPrice ÷ TTM EPS209.20x149.01x
Forward P/EPrice ÷ next-FY EPS est.73.40x73.28x
PEG RatioP/E ÷ EPS growth rate
EV / EBITDAEnterprise value multiple19.04x54.40x
Price / SalesMarket cap ÷ Revenue6.67x13.31x
Price / BookPrice ÷ Book value/share1.03x3.26x
Price / FCFMarket cap ÷ FCF16.42x50.06x
AKR leads this category, winning 4 of 6 comparable metrics.

Profitability & Efficiency

WELL delivers a 2.2% return on equity — every $100 of shareholder capital generates $2 in annual profit, vs $1 for AKR. WELL carries lower financial leverage with a 0.07x debt-to-equity ratio, signaling a more conservative balance sheet compared to AKR's 0.73x.

MetricAKRAcadia Realty Tru…WELLWelltower Inc.
ROE (TTM)Return on equity+0.7%+2.2%
ROA (TTM)Return on assets+0.4%+1.4%
ROICReturn on invested capital+1.5%+0.9%
ROCEReturn on capital employed+1.8%+0.9%
Piotroski ScoreFundamental quality 0–955
Debt / EquityFinancial leverage0.73x0.07x
Net DebtTotal debt minus cash$1.9B-$2.2B
Cash & Equiv.Liquid assets$57M$5.0B
Total DebtShort + long-term debt$1.9B$2.8B
Interest CoverageEBIT ÷ Interest expense0.88x0.81x
Evenly matched — AKR and WELL each lead in 4 of 8 comparable metrics.

Total Returns (with DRIP)

A $10,000 investment in WELL five years ago would be worth $32,119 today (with dividends reinvested), compared to $12,800 for AKR. Over the past 12 months, WELL leads with a +36.8% total return vs AKR's -5.8%. The 3-year compound annual growth rate (CAGR) favors WELL at 42.6% vs AKR's 16.7% — a key indicator of consistent wealth creation.

MetricAKRAcadia Realty Tru…WELLWelltower Inc.
YTD ReturnYear-to-date+1.4%+11.2%
1-Year ReturnPast 12 months-5.8%+36.8%
3-Year ReturnCumulative with dividends+59.1%+190.2%
5-Year ReturnCumulative with dividends+28.0%+221.2%
10-Year ReturnCumulative with dividends-11.6%+270.5%
CAGR (3Y)Annualised 3-year return+16.7%+42.6%
WELL leads this category, winning 6 of 6 comparable metrics.

Risk & Volatility

WELL is the less volatile stock with a 0.29 beta — it tends to amplify market swings less than AKR's 0.77 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. WELL currently trades 96.1% from its 52-week high vs AKR's 89.2% drawdown — a narrower gap to the peak suggests stronger recent price momentum.

MetricAKRAcadia Realty Tru…WELLWelltower Inc.
Beta (5Y)Sensitivity to S&P 5000.77x0.29x
52-Week HighHighest price in past year$23.46$215.56
52-Week LowLowest price in past year$16.98$130.29
% of 52W HighCurrent price vs 52-week peak+89.2%+96.1%
RSI (14)Momentum oscillator 0–10054.669.0
Avg Volume (50D)Average daily shares traded1.1M2.5M
WELL leads this category, winning 2 of 2 comparable metrics.

Analyst Outlook

Wall Street rates AKR as "Buy" and WELL as "Buy". Consensus price targets imply 6.9% upside for WELL (target: $221) vs -2.0% for AKR (target: $21). AKR is the only dividend payer here at 3.76% yield — a key consideration for income-focused portfolios.

MetricAKRAcadia Realty Tru…WELLWelltower Inc.
Analyst RatingConsensus buy/hold/sellBuyBuy
Price TargetConsensus 12-month target$20.50$221.45
# AnalystsCovering analysts1234
Dividend YieldAnnual dividend ÷ price+3.8%
Dividend StreakConsecutive years of raises11
Dividend / ShareAnnual DPS$0.79
Buyback YieldShare repurchases ÷ mkt cap0.0%0.0%
Insufficient data to determine a leader in this category.

Historical Charts

Charts are rendered on first load. Hover for details.

Chart 1Total Return — 5 Years (Rebased to 100)

StockFeb 20Feb 26Change
Acadia Realty Trust (AKR)10087-13.0%
Welltower Inc. (WELL)100250.51+150.5%

Welltower Inc. (WELL) returned +221% over 5 years vs Acadia Realty Trust (AKR)'s +28%. A $10,000 investment in WELL 5 years ago would be worth $32,119 today (including dividends reinvested).

Chart 2Revenue Growth — 10 Years

Stock20162025Change
Acadia Realty Trust (AKR)$190M$411M+116.3%
Welltower Inc. (WELL)$4.3B$10.8B+154.9%

Acadia Realty Trust's revenue grew from $190M (2016) to $411M (2025) — a 8.9% CAGR. Welltower Inc.'s revenue grew from $4.3B (2016) to $10.8B (2025) — a 11.0% CAGR.

Chart 3Net Margin Trend — 10 Years

Stock20162025Change
Acadia Realty Trust (AKR)38.3%4.1%-89.3%
Welltower Inc. (WELL)25.4%8.6%-65.9%

Acadia Realty Trust's net margin went from 38% (2016) to 4% (2025). Welltower Inc.'s net margin went from 25% (2016) to 9% (2025).

Chart 4P/E Ratio History — 9 Years

Stock20172025Change
Acadia Realty Trust (AKR)37.5205.4+447.7%
Welltower Inc. (WELL)50.6133.5+163.8%

Acadia Realty Trust has traded in a 38x–205x P/E range over 7 years; current trailing P/E is ~209x. Welltower Inc. has traded in a 27x–219x P/E range over 9 years; current trailing P/E is ~149x.

Chart 5EPS Growth — 10 Years

Stock20162025Change
Acadia Realty Trust (AKR)0.940.1-89.4%
Welltower Inc. (WELL)2.811.39-50.5%

Acadia Realty Trust's EPS grew from $0.94 (2016) to $0.10 (2025) — a -22% CAGR. Welltower Inc.'s EPS grew from $2.81 (2016) to $1.39 (2025) — a -8% CAGR.

Chart 6Free Cash Flow — 5 Years

2021
$59M
$1B
2022
$74M
$1B
2023
$156M
$2B
2024
$140M
$2B
2025
$167M
$3B
Acadia Realty Trust (AKR)Welltower Inc. (WELL)

Acadia Realty Trust generated $167M FCF in 2025 (+181% vs 2021). Welltower Inc. generated $3B FCF in 2025 (+129% vs 2021).

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AKR vs WELL: Frequently Asked Questions

9 questions · data-driven answers · updated daily

01

Is AKR or WELL a better buy right now?

Welltower Inc. (WELL) offers the better valuation at 149.0x trailing P/E (73.3x forward), making it the more compelling value choice. Analysts rate Acadia Realty Trust (AKR) a "Buy" — based on 12 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

02

Which has the better valuation — AKR or WELL?

On trailing P/E, Welltower Inc. (WELL) is the cheapest at 149.0x versus Acadia Realty Trust at 209.2x. On forward P/E, Welltower Inc. is actually cheaper at 73.3x.

03

Which is the better long-term investment — AKR or WELL?

Over the past 5 years, Welltower Inc. (WELL) delivered a total return of +221.2%, compared to +28.0% for Acadia Realty Trust (AKR). A $10,000 investment in WELL five years ago would be worth approximately $32K today (assuming dividends reinvested). Over 10 years, the gap is even starker: WELL returned +270.5% versus AKR's -11.6%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

04

Which is safer — AKR or WELL?

By beta (market sensitivity over 5 years), Welltower Inc. (WELL) is the lower-risk stock at 0.29β versus Acadia Realty Trust's 0.77β — meaning AKR is approximately 165% more volatile than WELL relative to the S&P 500. On balance sheet safety, Welltower Inc. (WELL) carries a lower debt/equity ratio of 7% versus 73% for Acadia Realty Trust — giving it more financial flexibility in a downturn.

05

Which has better profit margins — AKR or WELL?

Welltower Inc. (WELL) is the more profitable company, earning 8.6% net margin versus 4.1% for Acadia Realty Trust — meaning it keeps 8.6% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: AKR leads at 20.5% versus 4.9% for WELL. At the gross margin level — before operating expenses — AKR leads at 69.9%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

06

Is AKR or WELL more undervalued right now?

On forward earnings alone, Welltower Inc. (WELL) trades at 73.3x forward P/E versus 73.4x for Acadia Realty Trust — 0.1x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for WELL: 6.9% to $221.45.

07

Which pays a better dividend — AKR or WELL?

In this comparison, AKR (3.8% yield) pays a dividend. WELL does not pay a meaningful dividend and should not be held primarily for income.

08

Is AKR or WELL better for a retirement portfolio?

For long-horizon retirement investors, Welltower Inc. (WELL) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.29), +270.5% 10Y return). Both have compounded well over 10 years (WELL: +270.5%, AKR: -11.6%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

09

What are the main differences between AKR and WELL?

Both stocks operate in the Real Estate sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both. In terms of investment character: AKR is a small-cap income-oriented stock; WELL is a mid-cap quality compounder stock. AKR pays a dividend while WELL does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.

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Better Than Both

Find stocks that beat AKR and WELL on the metrics you choose

Revenue Growth>
%
(AKR: 15.1% · WELL: 46.3%)
Net Margin>
%
(AKR: 4.4% · WELL: 8.6%)
P/E Ratio<
x
(AKR: 209.2x · WELL: 149.0x)