ACC · American Campus Communities Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $273.75M | - | $228.88M | $208.52M | $232.72M | - | $202.68M | $185.55M | $249.40M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $10.30M | - | $10.31M | $12.93M | $12.33M | - | $8.64M | $9.77M | $10.16M | - |
| Total Operating Expenses | $199.75M | - | $211.54M | $189.08M | $186.32M | - | $194.44M | $173.03M | $133.92M | - |
| D&A | $70.55M | - | $69.44M | $68.74M | $68.12M | - | $67.37M | $66.44M | $66.17M | - |
| Operating Income | $74.00M | - | $17.34M | $19.44M | $46.40M | - | $8.23M | $12.51M | $115.49M | - |
| Interest Expense | $30.06M | - | $29.27M | $29.24M | $28.98M | - | $29.06M | $27.17M | $27.78M | - |
| Income Tax | $340.0K | - | $340.0K | $341.0K | $340.0K | - | $373.0K | $381.0K | $379.0K | - |
| Net Income | $39.18M | - | ($11.44M) | ($9.40M) | $15.62M | - | ($19.52M) | ($13.34M) | $80.86M | - |
| EPS - Basic | $0.28 | - | ($0.09) | ($0.07) | $0.58 | - | ($0.15) | - | - | - |
| EPS - Diluted | $0.27 | - | ($0.09) | ($0.07) | $0.58 | - | ($0.15) | - | - | - |
Balance Sheet
| Line item | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $87.66M | $120.35M | $42.07M | $30.28M | $41.11M | $54.02M | $44.45M | $31.01M | $176.76M | $54.65M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $7.50B | $7.57B | $7.55B | $7.54B | $7.52B | $7.53B | $7.58B | $7.51B | $7.62B | $7.56B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | $3.51B | $3.51B | $3.72B | $3.73B | $3.67B | $3.59B | $3.59B | $3.51B | $3.54B | $3.40B |
| Total Liabilities | $4.22B | $4.27B | $4.50B | $4.44B | $4.39B | $4.35B | $4.37B | $4.22B | $4.25B | $4.12B |
| Stockholders' Equity | $3.09B | $3.12B | $2.98B | $3.04B | $3.07B | $3.11B | $3.15B | $3.23B | $3.31B | $3.29B |
| Retained Earnings | ($1.59B) | ($1.56B) | ($1.53B) | ($1.46B) | ($1.38B) | ($1.33B) | ($1.29B) | ($1.21B) | ($1.13B) | ($1.14B) |
Cash Flow
| Line item | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $73.41M | - | - | - | $49.81M | - | - | - | $90.78M | - |
| Investing Cash Flow | ($27.56M) | - | - | - | ($66.58M) | - | - | - | $48.02M | - |
| Financing Cash Flow | ($75.89M) | - | - | - | $8.02M | - | - | - | ($11.27M) | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 27.0% | - | 7.6% | 9.3% | 19.9% | - | 4.1% | 6.7% | 46.3% | - |
| EBITDA margin | 52.8% | - | 37.9% | 42.3% | 49.2% | - | 37.3% | 42.6% | 72.8% | - |
| Net margin | 14.3% | - | -5.0% | -4.5% | 6.7% | - | -9.6% | -7.2% | 32.4% | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 3.8% | - | 4.5% | 6.2% | 5.3% | - | 4.3% | 5.3% | 4.1% | - |
| Effective tax rate | 0.9% | - | - | - | 2.1% | - | - | - | 0.5% | - |
| Return on assets | 0.5% | - | -0.2% | -0.1% | 0.2% | - | -0.3% | -0.2% | 1.1% | - |
| Return on equity | 1.3% | - | -0.4% | -0.3% | 0.5% | - | -0.6% | -0.4% | 2.4% | - |
| Return on invested capital | 1.1% | - | 0.2% | 0.2% | 0.7% | - | 0.1% | 0.1% | 1.7% | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | 1.13 | 1.13 | 1.25 | 1.23 | 1.20 | 1.15 | 1.14 | 1.08 | 1.07 | 1.03 |
| Debt / Assets | 0.47 | 0.46 | 0.49 | 0.49 | 0.49 | 0.48 | 0.47 | 0.47 | 0.46 | 0.45 |
| Debt / EBITDA | 24.28 | - | 42.84 | 42.27 | 32.07 | - | 47.50 | 44.41 | 19.49 | - |
| Interest coverage | 2.5x | - | 0.6x | 0.7x | 1.6x | - | 0.3x | 0.5x | 4.2x | - |
| Equity multiplier | 2.42 | 2.43 | 2.53 | 2.48 | 2.45 | 2.42 | 2.40 | 2.32 | 2.30 | 2.29 |
| Liabilities / Assets | 0.56 | 0.56 | 0.60 | 0.59 | 0.58 | 0.58 | 0.58 | 0.56 | 0.56 | 0.54 |
| Efficiency | ||||||||||
| Asset turnover | 0.04 | - | 0.03 | 0.03 | 0.03 | - | 0.03 | 0.02 | 0.03 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 17.6% | - | 12.9% | 12.4% | -6.7% | - | -11.0% | -14.6% | 3.0% | - |
| Revenue CAGR (3y) | 4.2% | - | 2.4% | 1.2% | 1.8% | - | 1.0% | 1.2% | 8.9% | - |
| Revenue CAGR (5y) | 7.2% | - | 3.1% | 2.3% | 3.1% | - | 2.3% | 0.8% | 5.3% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 59.5% | - | 110.5% | 55.3% | -59.8% | - | -69.8% | -66.9% | 95.7% | - |
| Net income growth (YoY) | 150.9% | - | 41.4% | 29.5% | -80.7% | - | - | - | 172.8% | - |
| EPS growth (YoY) | -53.4% | - | 40.0% | - | - | - | - | - | - | - |
| EPS CAGR (3y) | 8.7% | - | - | - | 47.7% | - | - | - | - | - |
| EPS CAGR (5y) | 1.6% | - | - | - | 10.0% | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 0.9% | 0.1% | -5.4% | -6.1% | -7.3% | -5.5% | -5.3% | -4.4% | -3.8% | -5.4% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2021-12-31.
Business segments
$933.24M totalOwned Properties$890.06M · 95.4%
On Campus Participating Properties$31.22M · 3.3%
Property Management Services$11.96M · 1.3%
Product / service
$22.15M totalManagement Service$11.96M · 54.0%
Development Services$10.19M · 46.0%
Peer comparison
Same SIC group: Real Estate Investment Trusts
Comparing AMERICAN CAMPUS COMMUNITIES INC against the 5 most active filers in the same SIC group.