Allied Properties Real Estate Investment Trust

AP-UN.TOTSXReal Estate● Active

$9.91

$-0.03(-0.30%)

Market Cap$1.4B

P/E Ratio—

52W High$22.27

52W Low$8.74

Avg Volume828K

Open$9.93

Beta1.09

Free Cash Flow Financials Revenue

Allied Properties Real Estate Investment Trust (AP-UN.TO) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

AP-UN.TO · free cash flow · updated Jun 8, 2026

Core FCF metrics

AP-UN.TO · FCF · TTM · margin & CAGR

Free cash flow was $254.5M for FY2025 (fiscal year ending 2025-12-31), up 73.3% year-over-year The FCF margin was 43.0%. Five-year CAGR stands at -6.5%.

FY2025 Free Cash Flow$254.5M▲ +73.3% YoY

Trailing 12M (TTM)$242.8Mtrailing 4 quarters sum

FCF Margin43.0%$254.5M ÷ revenue

3-Year CAGR-7.4%FY2022 → FY2025

5-Year CAGR-6.5%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

AP-UN.TO · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$255.3M(1M)$254.5M▲ +73.3%43.0%

FY2024$147.8M(1M)$146.9M▼ 54.0%24.8%

FY2023$320.9M(2M)$319.1M▼ 0.4%56.6%

FY2022$321.2M(1M)$320.3M▲ +33.0%61.7%

FY2021$241.1M(0M)$240.8M▼ 32.3%50.9%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

AP-UN.TO · P/FCF · FCF yield · FCF per share

Allied Properties Real Estate Investment Trust (AP-UN.TO) trades at a FCF yield of 16.75% and a price-to-free-cash-flow ratio of 5.7x. FCF per share stands at $1.74, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

16.75%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$1.74

TTM FCF ÷ Shares Outstanding

Price / FCF

x5.7

Share Price ÷ FCF per Share

EV / FCF (TTM)

x23.0

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

AP-UN.TO · cash flow statement · operating / investing / financing

For FY2025, Allied Properties Real Estate Investment Trust generated $255.3M in operating cash flow and spent 1M in capital expenditures, yielding $254.5M in free cash flow.

Operating Activities

+$255.3M

Cash from core business operations

2025-12-31

Investing Activities

−$208.2M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$24.4M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($255.3M) − |CapEx| (1M) = FCF ($254.5M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Real Estate)

AP-UN.TO vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Allied Properties Real Estate Investment TrustYOU

AP-UN.TO

$254.5M+73.3%43.0%

American Tower Corporation

AMT

$3.78B+2.2%35.5%

76%

Simon Property Group, Inc.

Real Estate · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Allied Properties Real Estate Investment Trust (AP-UN.TO) reported free cash flow of $254.5M for FY2025 (fiscal year ending 2025-12-31), up 73.3% year-over-year. The FCF margin was 43.0%.

Based on available data, Allied Properties Real Estate Investment Trust has maintained positive free cash flow for at least 10 fiscal year(s). FCF peaked at $355.5M in FY2020. The 5-year CAGR stands at -6.5%.

Allied Properties Real Estate Investment Trust's FCF yield is 16.75% and price-to-FCF ratio is 5.7x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

AP-UN.TO free cash flow · 8 questions

Allied Properties Real Estate Investment Trust free cash flow was $254.5M for FY2025, up 73.3% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $242.8M.

AP-UN.TO free cash flowAP-UN.TO FCFAP-UN.TO FCF 2025AP-UN.TO free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Allied Properties Real Estate Investment Trust · Allied Properties Real Estate Investment Trust SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026