8-K Announcements
6Material company update
Apr 21, 2026·SEC
Material company update
Apr 2, 2026·SEC
Material company update
Feb 26, 2026·SEC
Agree Realty Corporation(ADC)Earnings, Financials & Key Ratios
ADC•NYSE•REIT / Real Estate
41.4× P/E·Price updated Jun 19, 2026
AboutAgree Realty Corporation is a publicly traded real estate investment trust primarily engaged in the acquisition and development of properties net leased to industry-leading retail tenants. As of September 30, 2020, the Company owned and operated a portfolio of 1,027 properties, located in 45 states and containing approximately 21.0 million square feet of gross leasable area. The Company's common stock is listed on the New York Stock Exchange under the symbol ADC.Show more
- Revenue$718M+16.4%
- FFO$480M+11.8%
- FFO/Share4.32+2.4%
- FFO Payout70.96%+0.4%
- FFO per Share4.32+2.4%
- NOI Margin87.73%-0.2%
- FFO Margin66.83%-4.0%
- ROE3.47%-1.8%
- ROA2.24%-3.9%
ADC Key Insights
Agree Realty Corporation (ADC) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong 5Y profit CAGR of 17.5%
- ✓FFO growing 13.3% TTM
- ✓Sustainable FFO payout ratio of 71.0%
- ✓13 consecutive years of dividend growth
- ✓High NOI margin of 87.7%
- ✓Healthy dividend yield of 4.2%
✗Weaknesses
- ✗Weak 3Y average ROE of 3.5%
- ✗Dividend payout exceeds 100% of earnings
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Get notified when ADC posts new earnings or crosses analyst targets
Free. No account needed. Unsubscribe any time.
ADC Price & Volume
Agree Realty Corporation (ADC) stock price & volume — 10-year historical chart
Loading chart...
ADC Growth Metrics
Agree Realty Corporation (ADC) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years26.23%
5 Years23.65%
3 Years18.68%
TTM17.78%
Profit CAGR
10 Years18.01%
5 Years17.46%
3 Years10.26%
TTM14.76%
EPS CAGR
10 Years-1.97%
5 Years0.34%
3 Years-1.11%
TTM5.08%
Return on Capital
10 Years4.3%
5 Years3.82%
3 Years3.71%
Last Year3.79%
ADC Recent Earnings
Agree Realty Corporation (ADC) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 7/12 qtrs (58%)●Beat Revenue 9/12 qtrs (75%)
Q2 2026Latest
Apr 21, 2026Metric
Actual
Est
EPS
$1.14+138.0%
$0.48
Rev
$201M+2.5%
$196M
Q1 2026
Feb 10, 2026Metric
Actual
Est
EPS
$0.47-0.1%
$0.47
Rev
$190M+2.6%
$186M
Q4 2025
Oct 21, 2025Metric
Actual
Est
EPS
$1.10+1.9%
$1.08
Rev
$183M-3.5%
$190M
Q3 2025
Jul 31, 2025Metric
Actual
Est
EPS
$1.06+0.0%
$1.06
Rev
$176M-1.7%
$178M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 21, 2026 | $1.14vs $0.48+138.0% | $201Mvs $196M+2.5% |
| Q1 2026 | Feb 10, 2026 | $0.47vs $0.47-0.1% | $190Mvs $186M+2.6% |
| Q4 2025 | Oct 21, 2025 | $1.10vs $1.08+1.9% | $183Mvs $190M-3.5% |
| Q3 2025 | Jul 31, 2025 | $1.06vs $1.06+0.0% | $176Mvs $178M-1.7% |
Based on last 12 quarters of dataView full earnings history →
ADC Peer Comparison
Agree Realty Corporation (ADC) competitors in Net Lease Retail REITs — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 NNN | 8.56B | 45.00 | 21.74 | 6.55% | 41.38% | 8.81% | 1.09 | |
 O | 56.17B | 60.24 | 51.49 | 9.07% | 18.94% | 2.8% | 0.82 | |
 EPRT | 6.35B | 29.36 | 22.94 | 24.97% | 43.28% | 6.3% | 0.60 | |
 NTST | 1.9B | 19.20 | 234.15 | 20.91% | 5.66% | 0.78% | 0.77 | |
 WPC | 15.62B | 71.22 | 33.75 | 8.89% | 26.02% | 6.29% | 1.07 | |
 GTY | 1.98B | 32.68 | 24.21 | 9.02% | 40.06% | 8.76% | 0.98 | |
 FCPT | 2.69B | 24.49 | 22.47 | 9.72% | 38.74% | 7.38% | 0.74 | |
 PINE | 274.08M | 19.13 | -86.95 | 15.9% | -0.64% | -0.14% | 1.31 |
Compare ADC vs Peers
Agree Realty Corporation (ADC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
ADC Income Statement
Agree Realty Corporation (ADC) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 111.52M | 137.12M | 187.48M | 248.57M | 339.32M | 429.81M | 537.5M | 617.1M | 718.4M | 750.04M |
Revenue Growth % | 21.84% | 22.96% | 36.72% | 32.59% | 36.51% | 26.67% | 25.05% | 14.81% | 16.42% | 17.78% |
Property Operating Expenses | 12.47M | 17.01M | 23.51M | 31.75M | 41.06M | 52.28M | 66.72M | 74.85M | 88.15M | 92.67M |
Net Operating Income (NOI) | 99.05M▲ 0% | 120.11M▲ 21.3% | 163.97M▲ 36.5% | 216.82M▲ 32.2% | 298.26M▲ 37.6% | 377.53M▲ 26.6% | 470.78M▲ 24.7% | 542.25M▲ 15.2% | 630.25M▲ 16.2% | 657.38M▲ 0% |
NOI Margin % | 88.82% | 87.59% | 87.46% | 87.23% | 87.9% | 87.84% | 87.59% | 87.87% | 87.73% | 87.64% |
Operating Expenses | 36.09M | 47.1M | 49.57M | 83.68M | 107.99M | 159.45M | 216.39M | 240M | 289.86M | 297.12M |
G&A Expenses | 9.95M | 12.16M | 15.57M | 20.79M | 25.46M | 30.12M | 34.79M | 37.23M | 44.06M | 44.77M |
EBITDA | 94.71M | 116.7M | 173.6M | 215.78M | 310.28M | 384.99M | 463.76M | 542.47M | 616.12M | 638.37M |
EBITDA Margin % | 84.93% | 85.11% | 92.6% | 86.81% | 91.44% | 89.57% | 86.28% | 87.91% | 85.76% | 85.11% |
Depreciation & Amortization | 31.75M | 43.7M | 59.2M | 82.64M | 120.01M | 166.91M | 209.37M | 240.22M | 275.72M | 278.12M |
D&A / Revenue % | 28.47% | 31.87% | 31.58% | 33.25% | 35.37% | 38.83% | 38.95% | 38.93% | 38.38% | 37.08% |
Operating Income | 62.96M▲ 0% | 73.01M▲ 16.0% | 114.39M▲ 56.7% | 133.13M▲ 16.4% | 190.27M▲ 42.9% | 218.09M▲ 14.6% | 254.39M▲ 16.6% | 302.24M▲ 18.8% | 340.39M▲ 12.6% | 360.25M▲ 0% |
Operating Margin % | 56.46% | 53.24% | 61.02% | 53.56% | 56.07% | 50.74% | 47.33% | 48.98% | 47.38% | 48.03% |
Interest Expense | 18.14M | 24.87M | 33.09M | 40.1M | 50.38M | 63.44M | 81.12M | 108.9M | 134.61M | 4M |
Interest Coverage | 3.47x | 3.03x | 3.10x | 3.32x | 3.49x | 3.46x | 3.14x | 2.78x | 2.54x | - |
Non-Operating Income | 0 | -2.32M | 11.7M | -23K | 14.61M | -1.25M | -189K | -799K | -941K | 25.08M |
Pretax Income | 59.02M▲ 0% | 59.31M▲ 0.5% | 81.3M▲ 37.1% | 93.06M▲ 14.5% | 125.28M▲ 34.6% | 155.9M▲ 24.4% | 173.46M▲ 11.3% | 194.14M▲ 11.9% | 206.72M▲ 6.5% | 257.3M▲ 0% |
Pretax Margin % | 52.92% | 43.26% | 43.37% | 37.44% | 36.92% | 36.27% | 32.27% | 31.46% | 28.78% | 34.31% |
Income Tax | 0 | 516K | 538K | 1.09M | 2.4M | 2.86M | 2.91M | 4.31M | 1.74M | 410K |
Effective Tax Rate % | 0% | 0.87% | 0.66% | 1.17% | 1.92% | 1.83% | 1.68% | 2.22% | 0.84% | 0.16% |
Net Income | 58.11M▲ 0% | 58.17M▲ 0.1% | 80.08M▲ 37.7% | 91.38M▲ 14.1% | 122.27M▲ 33.8% | 152.44M▲ 24.7% | 169.96M▲ 11.5% | 189.2M▲ 11.3% | 204.35M▲ 8.0% | 219.58M▲ 0% |
Net Margin % | 52.11% | 42.42% | 42.71% | 36.76% | 36.03% | 35.47% | 31.62% | 30.66% | 28.45% | 29.28% |
Net Income Growth % | 28.8% | 0.1% | 37.66% | 14.11% | 33.81% | 24.67% | 11.49% | 11.32% | 8.01% | 14.76% |
Funds From Operations (FFO) | 89.86M▲ 0% | 101.87M▲ 13.4% | 139.28M▲ 36.7% | 174.02M▲ 24.9% | 242.29M▲ 39.2% | 319.34M▲ 31.8% | 379.33M▲ 18.8% | 429.42M▲ 13.2% | 480.07M▲ 11.8% | 497.7M▲ 0% |
FFO Margin % | 80.58% | 74.29% | 74.29% | 70.01% | 71.4% | 74.3% | 70.57% | 69.59% | 66.83% | 66.36% |
FFO Growth % | 31.14% | 13.36% | 36.73% | 24.94% | 39.23% | 31.8% | 18.78% | 13.2% | 11.8% | 53.91% |
FFO per Share | 3.24 | 3.14 | 3.38 | 3.32 | 3.61 | 4.03 | 3.97 | 4.22 | 4.32 | 4.13 |
FFO Payout Ratio % | 61.37% | 66.4% | 64.8% | 66.72% | 80.19% | 68.99% | 73.2% | 70.7% | 70.96% | 71.07% |
EPS (Diluted) | 2.08▲ 0% | 1.80▼ 13.5% | 1.93▲ 7.2% | 1.74▼ 9.8% | 1.78▲ 2.3% | 1.83▲ 2.8% | 1.70▼ 7.1% | 1.78▲ 4.7% | 1.77▼ 0.6% | 1.82▲ 0% |
EPS Growth % | 5.58% | -13.46% | 7.22% | -9.84% | 2.3% | 2.81% | -7.1% | 4.71% | -0.56% | 5.08% |
EPS (Basic) | 2.09 | 1.81 | 1.96 | 1.76 | 1.79 | 1.84 | 1.70 | 1.79 | 1.77 | - |
Diluted Shares Outstanding | 27.7M | 32.4M | 41.22M | 52.4M | 67.14M | 79.16M | 95.44M | 101.88M | 111.2M | 120.38M |
ADC Balance Sheet
Agree Realty Corporation (ADC) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Total Assets | 1.49B | 2.03B | 2.66B | 3.89B | 5.23B | 6.71B | 7.77B | 8.49B | 9.8B | 10.18B |
Asset Growth % | 34.42% | 35.7% | 31.37% | 45.85% | 34.5% | 28.44% | 15.81% | 9.15% | 15.45% | 60.56% |
Real Estate & Other Assets | 1.22B | 1.67B | 2.25B | 3.37B | 4.45B | 5.82B | 6.82B | 7.51B | 8.65B | 96.86M |
PP&E (Net) | 1.21B | 1.66B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8.89B |
Investment Securities | -1000K | -1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Current Assets | 76.68M | 75.52M | 72.72M | 46.96M | 104.37M | 94.75M | 101.12M | 112.81M | 143.1M | 154.69M |
Cash & Equivalents | 50.81M | 53.95M | 15.6M | 6.14M | 43.25M | 27.76M | 10.91M | 6.4M | 16.3M | 25.08M |
Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
Other Current Assets | 10.39M | 20K | 26.55M | 3.02M | 7.67M | 1.15M | 7.26M | 0 | 4.33M | 0 |
Intangible Assets | 195.16M | 280.15M | 343.51M | 473.59M | 672.02M | 799.45M | 854.09M | 864.94M | 1B | 1.03B |
Total Liabilities | 583.44M | 789.7M | 972.97M | 1.36B | 1.81B | 2.08B | 2.57B | 2.98B | 3.53B | 3.95B |
Total Debt | 519.56M | 720.41M | 961.3M | 1.31B | 1.88B | 1.98B | 2.45B | 2.83B | 3.35B | 3.29B |
Net Debt | 468.76M | 666.45M | 945.7M | 1.3B | 1.84B | 1.95B | 2.44B | 2.83B | 3.34B | 3.26B |
Long-Term Debt | 491.23M | 720.41M | 872.3M | 1.22B | 1.69B | 1.94B | 2.41B | 2.79B | 3.29B | 3.23B |
Short-Term Borrowings | 14M | 19M | 89M | 92M | 160M | 0 | 0 | 0 | 0 | 0 |
Capital Lease Obligations | 28.34M | -413.91M | 0 | 0 | 33.08M | 36.71M | 36.83M | 46.25M | 60.19M | 228.4M |
Total Current Liabilities | 30.88M | 35.71M | 74M | 105.94M | 86.89M | 106.07M | 126.94M | 144.12M | 171.54M | 186.23M |
Accounts Payable | 11.16M | 21.05M | 48.99M | 71.39M | 70M | 83.72M | 101.4M | 116.27M | 139.38M | 154.05M |
Deferred Revenue | 1.84M | 4.63M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Liabilities | 59.03M | -385.43M | 26.67M | 35.7M | 0 | 0 | 0 | 0 | 0 | 0 |
Total Equity | 911.19M▲ 0% | 1.24B▲ 35.9% | 1.69B▲ 36.6% | 2.53B▲ 49.3% | 3.42B▲ 35.4% | 4.63B▲ 35.4% | 5.2B▲ 12.3% | 5.51B▲ 6.0% | 6.27B▲ 13.8% | 6.24B▲ 0% |
Equity Growth % | 32.92% | 35.92% | 36.58% | 49.34% | 35.35% | 35.42% | 12.3% | 5.97% | 13.8% | 44.77% |
Shareholders Equity | 908.66M | 1.24B | 1.69B | 2.52B | 3.42B | 4.63B | 5.2B | 5.51B | 6.27B | 6.24B |
Minority Interest | 2.53M | 2.41M | 2.23M | 1.76M | 1.63M | 1.39M | 942K | 615K | 168K | 90K |
Common Stock | 3K | 4K | 5K | 6K | 7K | 9K | 10K | 10K | 12K | 12K |
Additional Paid-in Capital | 936.05M | 1.28B | 1.75B | 2.65B | 3.4B | 4.66B | 5.35B | 5.77B | 6.68B | 6.68B |
Retained Earnings | -28.76M | -42.95M | -57.09M | -91.34M | -147.37M | -228.13M | -346.47M | -470.62M | -618.67M | -653.43M |
Preferred Stock | 0 | 0 | 0 | 0 | 175M | 175M | 175M | 175M | 175M | 175M |
Return on Assets (ROA) | 4.46% | 3.3% | 3.41% | 2.79% | 2.68% | 2.55% | 2.35% | 2.33% | 2.24% | 2.28% |
Return on Equity (ROE) | 7.28% | 5.41% | 5.47% | 4.33% | 4.11% | 3.79% | 3.46% | 3.53% | 3.47% | 3.65% |
Debt / Assets | 34.76% | 35.52% | 36.08% | 33.72% | 35.98% | 29.45% | 31.48% | 33.37% | 34.24% | 32.32% |
Debt / Equity | 0.57x | 0.58x | 0.57x | 0.52x | 0.55x | 0.43x | 0.47x | 0.51x | 0.53x | 0.53x |
Net Debt / EBITDA | 4.95x | 5.71x | 5.45x | 6.04x | 5.92x | 5.06x | 5.25x | 5.21x | 5.42x | 5.11x |
Book Value per Share | 32.89 | 38.22 | 41.03 | 48.21 | 50.93 | 58.49 | 54.49 | 54.09 | 56.39 | 51.83 |
ADC Cash Flow Statement
Agree Realty Corporation (ADC) cash flow — operating, investing & free cash flow history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 82.2M | 93.25M | 126.71M | 142.96M | 246.31M | 362.12M | 391.6M | 431.97M | 504.14M | 522.63M |
Operating CF Growth % | 33.15% | 13.44% | 35.88% | 12.82% | 72.3% | 47.02% | 8.14% | 10.31% | 16.71% | 56.38% |
Operating CF / Revenue % | 73.71% | 68% | 67.58% | 57.51% | 72.59% | 84.25% | 72.86% | 70% | 70.18% | 69.68% |
Net Income | 58.79M | 58.8M | 80.76M | 91.97M | 122.88M | 153.03M | 170.55M | 189.83M | 204.99M | 219.58M |
Depreciation & Amortization | 31.75M | 43.7M | 59.2M | 82.64M | 120.01M | 166.91M | 209.37M | 240.22M | 275.72M | 278.12M |
Stock-Based Compensation | 2.39M | 2.95M | 4.11M | 5M | 5.47M | 6.46M | 8.34M | 10.8M | 12.99M | 13.4M |
Other Non-Cash Items | -12.98M | 1.05M | 1.28M | 1.44M | 3.61M | 14.98M | -2.08M | -6.25M | 10.09M | 16.52M |
Working Capital Changes | 2.48M | -4.39M | -7.62M | -11.27M | -8.71M | 20.74M | 5.42M | -2.64M | 344K | -5.47M |
Cash from Investing | -319.1M | -568.12M | -667.52M | -1.3B | -1.39B | -1.62B | -1.27B | -885.41M | -1.54B | -1.59B |
Acquisitions (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Purchase of Investments | 0 | 0 | -732.57M | -1.35B | -1.44B | -1.66B | 0 | 0 | 0 | 0 |
Sale of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10.06M |
Other Investing | -319.1M | -568.12M | 65.05M | 46.47M | 55.53M | 44.41M | -1.27B | -885.41M | -1.54B | -1.19B |
Cash from Financing | 262.28M | 470.06M | 528.99M | 1.12B | 1.18B | 1.24B | 869.01M | 445.31M | 1.05B | 1.09B |
Dividends Paid | -55.15M | -67.64M | -90.26M | -116.11M | -195.82M | -227.74M | -285.11M | -311.04M | -348.09M | -361.15M |
Common Dividends | -55.15M | -67.64M | -90.26M | -116.11M | -194.3M | -220.3M | -277.68M | -303.6M | -340.65M | -353.71M |
Debt Issuance (Net) | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 2M |
Share Repurchases | -1.11M | -1.15M | -1.41M | -1.64M | -1.81M | -1.91M | -2.68M | -2.28M | -3.74M | -6.15M |
Other Financing | -1M | -2.56M | -4.14M | -4.74M | -7.75M | -3.68M | -4.56M | -12.99M | -7.92M | 350.63M |
Net Change in Cash | 25.39M▲ 0% | -4.81M▼ 118.9% | -11.82M▼ 145.8% | -34.2M▼ 189.4% | 37.3M▲ 209.0% | -16.34M▼ 143.8% | -14.38M▲ 12.0% | -8.13M▲ 43.5% | 14.22M▲ 275.1% | 20.04M▲ 0% |
Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash at Beginning | 33.4M | 58.78M | 53.98M | 42.16M | 7.96M | 45.25M | 28.91M | 14.52M | 6.4M | 20.62M |
Cash at End | 58.78M | 53.98M | 42.16M | 7.96M | 45.25M | 28.91M | 14.52M | 6.4M | 20.62M | 31.2M |
Free Cash Flow | 82.2M▲ 0% | 93.25M▲ 13.4% | 126.71M▲ 35.9% | 142.96M▲ 12.8% | 246.31M▲ 72.3% | 362.12M▲ 47.0% | 391.6M▲ 8.1% | 431.97M▲ 10.3% | 504.14M▲ 16.7% | 110.3M▲ 0% |
FCF Growth % | 33.15% | 13.44% | 35.88% | 12.82% | 72.3% | 47.02% | 8.14% | 10.31% | 16.71% | -75.99% |
FCF / Revenue % | 73.71% | 68% | 67.58% | 57.51% | 72.59% | 84.25% | 72.86% | 70% | 70.18% | 14.71% |
ADC Key Ratios
Agree Realty Corporation (ADC) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
FFO per Share | 3.24 | 3.14 | 3.38 | 3.32 | 3.61 | 4.03 | 3.97 | 4.22 | 4.32 | 4.13 |
FFO Payout Ratio | 61.37% | 66.4% | 64.8% | 66.72% | 80.19% | 68.99% | 73.2% | 70.7% | 70.96% | 71.07% |
NOI Margin | 88.82% | 87.59% | 87.46% | 87.23% | 87.9% | 87.84% | 87.59% | 87.87% | 87.73% | 87.64% |
Net Debt / EBITDA | 4.95x | 5.71x | 5.45x | 6.04x | 5.92x | 5.06x | 5.25x | 5.21x | 5.42x | 5.11x |
Debt / Assets | 34.76% | 35.52% | 36.08% | 33.72% | 35.98% | 29.45% | 31.48% | 33.37% | 34.24% | 32.32% |
Interest Coverage | 3.47x | 3.03x | 3.10x | 3.32x | 3.49x | 3.46x | 3.14x | 2.78x | 2.54x | - |
Book Value / Share | 32.89 | 38.22 | 41.03 | 48.21 | 50.93 | 58.49 | 54.49 | 54.09 | 56.39 | 51.83 |
Revenue Growth | 21.84% | 22.96% | 36.72% | 32.59% | 36.51% | 26.67% | 25.05% | 14.81% | 16.42% | 17.78% |
Related:ADC Dividend History·ADC Revenue History·ADC Price History·ADC P/E History·ADC Financial Ratios·ADC Institutional Holders
ADC SEC Filings & Documents
Agree Realty Corporation (ADC) SEC filings — annual & quarterly reports (10-K, 10-Q)
ADC Frequently Asked Questions
Agree Realty Corporation (ADC) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Agree Realty Corporation (ADC) reported $750.0M in revenue for fiscal year 2025. This represents a 4504% increase from $16.3M in 1996.
Agree Realty Corporation (ADC) grew revenue by 16.4% over the past year. This is strong growth.
Yes, Agree Realty Corporation (ADC) is profitable, generating $219.6M in net income for fiscal year 2025 (28.4% net margin).
Dividend & Returns
Yes, Agree Realty Corporation (ADC) pays a dividend with a yield of 4.18%. This makes it attractive for income-focused investors.
Agree Realty Corporation (ADC) has a return on equity (ROE) of 3.5%. This is below average, suggesting room for improvement.
Industry Metrics
Agree Realty Corporation (ADC) generated Funds From Operations (FFO) of $497.7M in the trailing twelve months. FFO is the primary profitability metric for REITs.
Agree Realty Corporation (ADC) offers a 4.18% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.