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American Campus Communities ACC
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Quarterly report 2022-Q1
added 05-16-2026

American Campus Communities Income Statement 2021-2007 | ACC

Brief overview of financial performance at American Campus Communities

This overview is based on financial performance over the past five years. Revenue reported by American Campus Communities was $786 million at the beginning of the period and $942 million at the end. Across the full period, sales moved by +19.8%; the average annual rate was 3.7%. The business did not achieve meaningful top-line expansion.

EBITDA was $406 million at the beginning and $432 million at the end of the period (+6.5%). EBITDA underperformed the top-line trend. EBITDA margin was 51.6% at the start and 45.9% at the end. The margin contraction indicates weaker operating efficiency.

Net income changed from 99.1 million dollars to 35.5 million dollars (−64.2%). The decline reduces the quality of the financial trajectory.

The five-year change in capitalization reached +42.7%: from 5 billion dollars to 7.1 billion dollars. The higher valuation contrasts with weaker financial performance.

Financial takeaway

The financial trajectory is weak and requires a cautious interpretation. The main areas of concern are weaker operating efficiency, a weaker final result and weak sales momentum. The next reporting periods will show whether revenue, margins, and final profitability can strengthen.

Annual Income Statement American Campus Communities

2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007

Market Cap

 7.11 B 5.33 B 5.65 B 5.42 B 4.28 B 4.98 B 3.61 B 3.4 B 2.57 B 2.71 B 1.98 B - - - -

Shares

 139 M 138 M 137 M 137 M 135 M 129 M 112 M 105 M 105 M 84.7 M 69.2 M 57.7 M 48.7 M 36.9 M -

Historical Prices

 51.3 38.7 41.1 39.6 31.6 38.6 32.3 32.3 24.5 32 28.5

Net Income

 35.5 M 72.8 M 85 M 117 M 69 M 99.1 M 116 M 62.8 M 105 M 56.6 M 56.6 M 16.2 M -12.8 M -13.1 M -

Revenue

 942 M 871 M 943 M 881 M 796 M 786 M 753 M 734 M 657 M 466 M 362 M 326 M 290 M 231 M -

Gross Profit

 - 457 M 517 M 477 M 434 M 421 M 395 M 381 M 339 M 259 M 203 M - - - -

Operating Income

 157 M 187 M 180 M 213 M 142 M 194 M 157 M 155 M 132 M 106 M 89.1 M 82.7 M 63.7 M 40.2 M -

Interest Expense

 118 M 113 M 111 M 99.2 M 71.1 M 78.7 M 87.8 M 90.4 M 78 M 54.5 M 49.6 M 59.5 M 58.2 M 48.6 M -

EBITDA

 432 M 455 M 455 M 476 M 377 M 406 M 366 M 353 M 319 M 222 M 178 M 160 M 141 M 40.2 M -

Operating Expenses

 786 M 683 M 763 M 668 M 655 M 592 M 596 M 579 M 526 M 360 M 273 M 243 M 226 M 191 M -

General and Administrative Expenses

 45.5 M 35.8 M 31.1 M 34.5 M 31.4 M 22.5 M 20.8 M 18.7 M 16.5 M 23 M 12.8 M 11.6 M 11 M 11.3 M -

All numbers in USD currency

Quarterly Income Statement American Campus Communities

2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1 2010-Q3 2010-Q2

Shares

 - - - 139 M 139 M 139 M 138 M 138 M 138 M 138 M 138 M 137 M 137 M 137 M 137 M 137 M 137 M 137 M 137 M 137 M 136 M 136 M 135 M 133 M 132 M 131 M 130 M 123 M 112 M 112 M 112 M 111 M 107 M 105 M 105 M 105 M 105 M 105 M 105 M 105 M 105 M 89.2 M 74.7 M 74.2 M 72.8 M 70 M 68.7 M 67 M 59.2 M 52.3 M

Net Income

 - - - 39.2 M - -11.4 M -9.4 M 15.6 M - -19.5 M -13.3 M 80.9 M 24.7 M 20.2 M 10.4 M 29.6 M 47.5 M -2.34 M 46 M 25.9 M 39.1 M -1.31 M -2.76 M 34 M 25.4 M 9.64 M 18.4 M 45.6 M 28.4 M 1.86 M 15.6 M 70.2 M 26.8 M -5.85 M 13.4 M 28.4 M 27.8 M 47.2 M 8.05 M 21.6 M 23.7 M -395 K 12.3 M 20 M 15.8 M 1.64 M 21.7 M 17.4 M 3.9 M 768 K

Revenue

 - - - 274 M - 229 M 209 M 233 M - 203 M 186 M 249 M 256 M 228 M 217 M 242 M 246 M 213 M 201 M 220 M 228 M 197 M 179 M 193 M 204 M 196 M 186 M 200 M 202 M 181 M 178 M 192 M 197 M 182 M 172 M 183 M 183 M 159 M 154 M 166 M 149 M 119 M 107 M 112 M 105 M 97.3 M 90.2 M 102 M 88.6 M 76.7 M

Operating Income

 - - - 74 M - 17.3 M 19.4 M 46.4 M - 8.24 M 12.5 M 115 M 55.7 M 27.3 M 37.8 M 59 M 67.5 M 21.5 M 30.9 M 50.4 M 63.1 M 17.6 M 12.6 M 49.2 M 51.7 M 29.3 M 39.1 M 53 M 53.7 M 18.6 M 34.5 M 50.2 M 52.7 M 18.9 M 35.4 M 48 M 49 M 15.2 M 26.2 M 42.5 M - 15.5 M 26.5 M 33.8 M - 16.2 M 21 M 32.7 M 16.8 M 17.8 M

Interest Expense

 - - - 30.1 M - 29.3 M 29.2 M 29 M - 29.1 M 27.2 M 27.8 M - 28.3 M 27.1 M 27.1 M - 25.2 M 23.3 M 23.7 M - 18.7 M 14.6 M 14.7 M - 19 M 20.1 M 22.6 M - 21.1 M 20.6 M 22 M - 23.8 M 21 M 21.1 M - 19.8 M 19.6 M 17.6 M - 13.8 M 12.8 M 13.3 M - 13.2 M 12.2 M 14 M 15.2 M 15 M

EBITDA

 - - - 145 M - 224 M 156 M 115 M - 208 M 145 M 182 M 55.7 M 234 M 175 M 128 M 67.5 M 216 M 159 M 115 M 63.1 M 187 M 121 M 102 M 51.7 M 189 M 147 M 107 M 53.7 M 173 M 136 M 100 M 52.7 M 165 M 132 M 96.2 M 49 M 155 M 121 M 89.5 M - 92.9 M 75.3 M 58.2 M - 82.8 M 65.4 M 54.9 M 16.8 M 17.8 M

Operating Expenses

 - - - 200 M - 212 M 189 M 186 M - 194 M 173 M 134 M - 200 M 180 M 183 M - 192 M 170 M 170 M - 179 M 166 M 144 M - 167 M 147 M 147 M - 162 M 143 M 142 M - 163 M 137 M 135 M - 144 M 128 M 123 M - 103 M 80.5 M 77.9 M - 81.1 M 69.2 M 69 M 71.9 M 58.9 M

General and Administrative Expenses

 - - - 10.3 M - 10.3 M 12.9 M 12.3 M - 8.64 M 9.77 M 10.2 M - 7.16 M 8.12 M 7.32 M - 7.18 M 13.2 M 6.7 M - 8.68 M 9.78 M 6.73 M - 5.38 M 6.13 M 5.31 M - 5.09 M 5.74 M 4.84 M - 4.81 M 4.98 M 4.37 M - 3.93 M 4.63 M 3.81 M - 7.58 M 4.64 M 3.54 M - 2.88 M 3.28 M 2.77 M 3.72 M 2.62 M

All numbers in USD currency

The income statement is one of the three key financial reports of a company American Campus Communities (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:

  • How much revenue the company earned
  • How much it spent on production, personnel, marketing, taxes, etc.
  • What profit remained in the end

Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.

Features
  • The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
  • Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
  • A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.

Reports on the profits and losses of other stocks in the Reit residential industry

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UDR
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AvalonBay Communities AvalonBay Communities
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Mid-America Apartment Communities Mid-America Apartment Communities
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BRT Apartments Corp. BRT Apartments Corp.
BRT
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Equity LifeStyle Properties Equity LifeStyle Properties
ELS
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Apartment Investment and Management Company Apartment Investment and Management Company
AIV
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American Homes 4 Rent American Homes 4 Rent
AMH
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Invitation Homes Invitation Homes
INVH
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Equity Residential Equity Residential
EQR
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UMH Properties UMH Properties
UMH
 		$ 15.54 0.88 % $ 1.31 B usaUSA