Arbor Realty Trust, Inc. (ABR) Balance Sheet
ABR balance sheet, 2025
December 31, 2025 · U.S. dollars$14.49B assets = $11.43B liabilities + $3.07B equity
Both columns are drawn to the same scale: what ABR owns equals what it owes plus shareholders’ equity. Hover a block for its value.
ABR financial health
Descriptive bands, not a rating. Fiscal 2025.
ABR balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $2.97B2016 | $14.49B2025 | +19.3%/yr | |
| Total liabilities | $2.22B2016 | $11.43B2025 | +19.9%/yr | |
| Shareholders’ equity | $587.1M2016 | $2.95B2025 | +19.7%/yr | |
| Cash & short-term investments | $144.0M2016 | $482.9M2025 | +14.4%/yr | |
| Total debt | $2.02B2016 | $11.05B2025 | +20.8%/yr | |
| Net cash (debt) | −$1.87B2016 | −$10.57B2025 | −$8.7B | |
| Working capital | −$140.5M2016 | −$4.45B2025 | −$4.3B | |
| Book value per share | $7.992016 | $14.082025 | +6.5%/yr | |
| Current ratio | 0.512016 | 0.102025 | −0.41 | |
| Debt / equity | 3.442016 | 3.742025 | +0.30 | |
| Shares outstanding | 73.5M2016 | 209.7M2025 | +12.4%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
ABR assets
ABR liabilities and equity
ABR debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
ABR balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $482.9M | $503.9M | $935.5M | $535.9M | $406.2M | $339.5M | $301.1M | $160.1M | $104.4M | $144.0M |
| Cash & equivalents | $482.9M | $503.8M | $929.0M | $534.4M | $404.6M | $339.5M | $299.7M | $160.1M | $104.4M | $138.6M |
| Short-term investments | — | — | $6.5M | $14.3M | $1.7M | $3.9M | $1.4M | $6.1M | $684,000 | $5.4M |
| Receivables | $6.5M | $10.89B | $64.4M | $14.14B | $11.83B | $12.4M | $3.94B | $1.3M | $688,000 | $1.5M |
| Inventory | $0 | $0 | $1.54B | −$1.5M | −$1.7M | −$3.9M | −$1.4M | −$6.1M | −$684,000 | −$5.6M |
| Other current assets | $0 | $759.3M | $0 | $1.26B | $1.72B | $3.9M | $1.08B | $4.8M | $0 | $4.2M |
| Total current assets | $482.9M | $12.15B | $1.54B | $15.93B | $13.95B | $352.0M | $5.32B | $160.1M | $104.4M | $144.0M |
| Property, plant & equipment (net) | $0 | $0 | −$15.74B | −$17.04B | −$14.32B | −$7.01B | −$5.71B | −$4.61B | −$3.63B | −$2.97B |
| Goodwill & intangible assets | $427.4M | $456.8M | $482.6M | $497.5M | $523.5M | $485.4M | $397.1M | $389.9M | $374.4M | $325.2M |
| Long-term investments | $214.1M | $233.5M | $234.6M | $235.7M | $13.30B | $6.44B | $5.18B | $3.78B | $2.93B | $2.40B |
| Other non-current assets | $13.37B | $652.3M | $29.22B | $17.41B | $1.61B | $7.39B | $1.05B | $4.89B | $3.85B | $3.07B |
| Total assets | $14.49B | $13.49B | $15.74B | $17.04B | $15.07B | $7.66B | $6.24B | $4.61B | $3.63B | $2.97B |
| Liabilities | ||||||||||
| Accounts payable | — | — | — | $73.6M | $123.2M | $91.7M | $92.2M | $78.7M | $149.8M | $137.1M |
| Short-term debt | $4.93B | $3.44B | $3.24B | $3.77B | $4.30B | $1.00B | $1.53B | $478.2M | $405.7M | $455.9M |
| Total current liabilities | $4.93B | $3.44B | $3.25B | $3.77B | $4.30B | $2.23B | $1.53B | $323.4M | $299.1M | $284.5M |
| Long-term debt | $11.05B | $9.97B | $12.06B | $9.66B | $7.58B | $3.59B | $2.88B | $2.11B | $1.88B | $1.06B |
| Other long-term liabilities | $0 | $0 | $0 | $534.5M | $649.1M | $0 | $475.7M | $1.28B | $746.5M | $1.04B |
| Total liabilities | $11.43B | $10.34B | $12.48B | $13.97B | $12.52B | $6.18B | $4.88B | $3.55B | $2.76B | $2.22B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $2.0M | $1.9M | $1.9M | $1.8M | $1.5M | $1.2M | $1.1M | $840,000 | $708.1M | $622.4M |
| Retained earnings (deficit) | −$136.6M | $13.0M | $115.2M | $97.0M | $62.5M | −$63.4M | −$60.9M | −$74.1M | −$101.9M | −$125.1M |
| Treasury stock | — | — | — | — | — | — | — | — | $0 | $0 |
| Accumulated other comprehensive income | — | $0 | −$633.7M | $0 | $0 | $0 | $0 | $0 | $176,000 | $320,917 |
| Minority interest | $113.8M | $127.9M | $136.6M | $134.9M | $131.9M | $138.3M | $171.4M | $170.3M | $168.7M | $159.9M |
| Total shareholders' equity | $2.95B | $3.02B | $3.12B | $2.94B | $2.42B | $1.34B | $1.18B | $895.2M | $695.8M | $587.1M |
| Key figures | ||||||||||
| Total debt | $11.05B | $10.04B | $12.12B | $13.57B | $12.15B | $4.68B | $4.70B | $3.31B | $2.53B | $2.02B |
| Net cash (debt) | −$10.57B | −$9.54B | −$11.19B | −$13.03B | −$11.75B | −$4.34B | −$4.40B | −$3.15B | −$2.43B | −$1.87B |
| Working capital | −$4.45B | $8.71B | −$1.71B | $12.16B | $9.66B | −$1.88B | $3.79B | −$163.3M | −$194.7M | −$140.5M |
| Tangible book value | $2.53B | $2.57B | $2.64B | $2.44B | $1.89B | $858.9M | $787.5M | $505.3M | $321.5M | $261.9M |
| Book value per share | $14.08 | $14.71 | $14.25 | $14.75 | $15.49 | $10.03 | $10.20 | $9.56 | $8.66 | $7.99 |
| Shares outstanding | 209.7M | 205.5M | 218.8M | 199.1M | 156.1M | 134.0M | 116.2M | 93.6M | 80.3M | 73.5M |
| Current ratio | 0.10 | 3.53 | 0.47 | 4.22 | 3.25 | 0.16 | 3.47 | 0.49 | 0.35 | 0.51 |
| Quick ratio | 0.10 | 3.31 | 0.31 | 3.89 | 2.84 | 0.16 | 2.77 | 0.50 | 0.35 | 0.51 |
| Debt / equity | 3.74 | 3.32 | 3.89 | 4.62 | 5.03 | 3.48 | 3.97 | 3.70 | 3.64 | 3.44 |
| Equity / assets | 20.4% | 22.4% | 19.8% | 17.2% | 16.0% | 17.5% | 19.0% | 19.4% | 19.2% | 19.8% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $287.5M | $407.1M | $482.9M | $423.4M | $255.7M | $308.8M | $503.9M | $687.5M | $737.5M | $908.0M | $929.0M | $895.3M |
| Cash & equivalents | $287.5M | $407.1M | $482.9M | $423.4M | $255.7M | $308.8M | $503.8M | $687.5M | $737.5M | $908.0M | $929.0M | $895.3M |
| Short-term investments | — | — | — | — | — | — | — | — | $1.8M | $1.7M | $6.5M | $3.3M |
| Receivables | $11.92B | $35.3M | $6.5M | $29.9M | $16.8M | $9.6M | $10.89B | $96.8M | $11.49B | $11.88B | $64.4M | $211.7M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $867.4M | −$1.8M | $1 | $1.54B | −$3.3M |
| Other current assets | $0 | $0 | $60.8M | $0 | $0 | $0 | $759.3M | $0 | $798.4M | $1.10B | $0 | $0 |
| Total current assets | $287.5M | $407.1M | $550.2M | $423.4M | $255.7M | $308.8M | $12.15B | $784.4M | $13.02B | $13.90B | $929.0M | $895.3M |
| Property, plant & equipment (net) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill & intangible assets | $409.7M | $418.1M | $427.4M | $431.9M | $435.7M | $444.9M | $456.8M | $464.9M | $558.8M | $565.9M | $482.6M | $484.8M |
| Long-term investments | $0 | $212.2M | $214.1M | $213.3M | $228.7M | $235.8M | $233.5M | $232.3M | $229.0M | $245.7M | $234.6M | $218.0M |
| Other non-current assets | $13.66B | $13.66B | $13.30B | $12.82B | $12.64B | $12.38B | $652.3M | $12.40B | $388.9M | $396.2M | $14.09B | $14.30B |
| Total assets | $14.35B | $14.69B | $14.49B | $13.89B | $13.56B | $13.37B | $13.49B | $13.88B | $14.20B | $15.10B | $15.74B | $15.90B |
| Liabilities | ||||||||||||
| Short-term debt | $1.78B | $3.05B | $5.16B | $403.8M | $537.6M | $557.9M | $3.44B | $2.94B | $3.01B | $2.98B | $577.3M | $517.8M |
| Total current liabilities | $1.78B | $3.05B | $5.16B | — | $3.28B | $2.97B | $3.44B | $2.94B | $3.01B | $2.98B | $577.3M | $517.8M |
| Long-term debt | $0 | $6.39B | $11.05B | $10.40B | $10.12B | $9.91B | $9.97B | $10.34B | $7.47B | $8.55B | $8.82B | $12.27B |
| Other long-term liabilities | $9.69B | $2.27B | $0 | — | $0 | $0 | $0 | $0 | $532.4M | $341.3M | $0 | $0 |
| Total liabilities | $11.47B | $11.71B | $11.43B | $10.77B | $10.47B | $10.24B | $10.34B | $10.72B | $11.01B | $11.87B | $12.48B | $12.66B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $1.9M | $1.9M | $2.0M | $2.0M | $1.9M | $1.9M | $1.9M | $1.9M | $1.9M | $1.9M | $1.9M | $1.9M |
| Retained earnings (deficit) | −$267.2M | −$194.1M | −$136.6M | −$92.3M | −$72.5M | −$38.6M | $13.0M | $34.8M | $57.9M | $91.8M | $115.2M | $104.8M |
| Accumulated other comprehensive income | — | — | — | — | — | — | $0 | −$633.7M | $0 | $0 | −$633.7M | −$633.7M |
| Minority interest | — | $109.0M | $113.8M | $117.5M | $119.1M | — | — | — | — | — | — | — |
| Total shareholders' equity | $2.78B | $2.87B | $2.95B | $3.00B | $2.97B | $3.01B | $3.02B | $3.03B | $3.05B | $3.10B | $3.12B | $3.10B |
| Key figures | ||||||||||||
| Total debt | $11.09B | $11.36B | $11.06B | $6.68B | $5.94B | $5.69B | $10.04B | $10.41B | $10.70B | $11.54B | $9.40B | $12.79B |
| Net cash (debt) | −$10.80B | −$10.95B | −$10.58B | −$6.25B | −$5.68B | −$5.38B | −$9.54B | −$9.73B | −$9.97B | −$10.63B | −$8.47B | −$11.89B |
| Working capital | −$1.49B | −$2.64B | −$4.61B | — | −$3.02B | −$2.67B | $8.71B | −$2.16B | $10.01B | $10.92B | $351.6M | $377.5M |
| Tangible book value | $2.37B | $2.45B | $2.53B | $2.57B | $2.54B | $2.56B | $2.57B | $2.57B | $2.50B | $2.53B | $2.64B | $2.62B |
| Book value per share | $14.56 | $13.55 | $13.90 | $14.24 | $14.23 | $14.54 | $14.70 | $14.77 | $14.87 | $13.90 | $13.99 | $14.03 |
| Shares outstanding | 190.8M | 211.7M | 212.5M | 210.5M | 209.0M | 206.9M | 205.8M | 205.3M | 205.5M | 222.9M | 222.9M | 221.3M |
| Current ratio | 0.16 | 0.13 | 0.11 | — | 0.08 | 0.10 | 3.53 | 0.27 | 4.32 | 4.67 | 1.61 | 1.73 |
| Quick ratio | 6.85 | 0.14 | 0.09 | — | 0.08 | 0.11 | 3.31 | 0.27 | 4.06 | 4.29 | 1.72 | 2.14 |
| Debt / equity | 3.99 | 3.96 | 3.75 | 2.23 | 2.00 | 1.89 | 3.32 | 3.43 | 3.50 | 3.72 | 3.01 | 4.12 |
| Equity / assets | 19.4% | 19.5% | 20.4% | 21.6% | 21.9% | 22.5% | 22.4% | 21.9% | 21.5% | 20.5% | 19.8% | 19.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 27, 2026); data from EODHD.
ABR financial position
At the end of fiscal 2025 (December 31, 2025), Arbor Realty had total assets of $14.5 billion (up 7.4% from a year earlier), total liabilities of $11.4 billion and shareholders' equity of $3.0 billion. It held $482.9 million in cash and short-term investments against $11.0 billion of debt, net debt of $10.6 billion. Its current ratio was 0.10. In the latest quarter (ended June 30, 2026) total assets were $14.4 billion and equity $2.8 billion.
Related: ABR income statement, ABR cash flow statement, ABR key metrics. See the ABR stock overview for the latest quote and news.
ABR balance sheet FAQ
What are Arbor Realty's total assets?
Arbor Realty reported total assets of $14.5 billion at the end of fiscal 2025 (December 31, 2025), compared with $13.5 billion a year earlier.
How much debt does Arbor Realty have?
Arbor Realty had $11.0 billion of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 3.74.
How much cash does Arbor Realty have?
Arbor Realty held $482.9 million in cash and short-term investments at the end of fiscal 2025; with $11.0 billion of debt that is net debt of $10.6 billion.
What is Arbor Realty's book value?
Arbor Realty's shareholders' equity (book value) was $3.0 billion at the end of fiscal 2025, or $14.08 per share.
What is Arbor Realty's current ratio?
Arbor Realty had current assets of $482.9 million and current liabilities of $4.9 billion, a current ratio of 0.10 (current liabilities exceed current assets).
How much goodwill does Arbor Realty have?
Arbor Realty carried $427.4 million of goodwill and intangible assets, 2.9% of total assets, at the end of fiscal 2025.