Armada Hoffler Properties, Inc. (AHH) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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AHH Revenue Growth
Revenue Breakdown (FY 2024)
AHH's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
AHH Revenue Analysis (2014–2025)
As of May 8, 2026, Armada Hoffler Properties, Inc. (AHH) generated trailing twelve-month (TTM) revenue of $325.3 million, reflecting significant decline in growth of -54.4% year-over-year. The most recent quarter (Q1 2026) recorded $52.3 million in revenue, down 30.8% sequentially.
Looking at the longer-term picture, AHH's 5-year compound annual growth rate (CAGR) stands at -5.8%, indicating revenue contraction over this period. The company achieved its highest annual revenue of $708.5 million in 2024.
Revenue diversification analysis shows AHH's business is primarily driven by General Contracting And Real Estate Services (63%), Retail Real Estate Segment (15%), and Office Real Estate Segment (14%). With over half of revenue concentrated in General Contracting And Real Estate Services, the company maintains significant focus in this area while developing other growth vectors.
When compared to Real Estate sector peers including NXRT (-0.7% YoY), UE (+7.3% YoY), and PECO (+8.9% YoY), AHH has underperformed the peer group in terms of revenue growth. Compare AHH vs NXRT →
AHH Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| AHHCurrent | $325M | -54.4% | -5.8% | 28.7% | |
 NXRT | $251M | -0.7% | +4.2% | 11.1% | |
 UE | $472M | +7.3% | +7.4% | 26.8% | |
 PECO | $732M | +8.9% | +8.0% | 27.2% | |
 GMRE | $138M | +8.5% | +14.4% | 23.6% |
AHH Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $285.2M | -59.7% | $193.2M | 67.7% | $81.8M | 28.7% |
| 2024 | $708.5M | +6.2% | $203.4M | 28.7% | $106.5M | 15.0% |
| 2023 | $667.2M | +41.6% | $188.6M | 28.3% | $73.6M | 11.0% |
| 2022 | $471.1M | +55.7% | $171.2M | 36.3% | $134.4M | 28.5% |
| 2021 | $302.5M | -21.1% | $146.1M | 48.3% | $59.2M | 19.6% |
| 2020 | $383.6M | +49.2% | $117.1M | 30.5% | $48.7M | 12.7% |
| 2019 | $257.2M | +33.0% | $106.4M | 41.4% | $42.6M | 16.6% |
| 2018 | $193.3M | -36.2% | $81.1M | 41.9% | $32.0M | 16.6% |
| 2017 | $302.8M | +17.2% | $80.2M | 26.5% | $39.8M | 13.1% |
| 2016 | $258.4M | +2.4% | $73.5M | 28.4% | $57.2M | 22.1% |
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Start ComparisonAHH — Frequently Asked Questions
Quick answers to the most common questions about buying AHH stock.
Is AHH's revenue growth accelerating or slowing?
AHH revenue declined -54.4% year-over-year, contrasting with the 5-year CAGR of -5.8%. TTM revenue fell to $325M. This reverses the prior growth trend.
What is AHH's long-term revenue growth rate?
Armada Hoffler Properties, Inc.'s 5-year revenue CAGR of -5.8% reflects the variable expansion pattern. Current YoY growth of -54.4% is below this long-term average.
How is AHH's revenue distributed by segment?
AHH reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.