ADC
Agree Realty Corporation
$72.62
-0.11
(-0.15%)
Mkt Cap
8.72B
Volume
1,488,280
52W Range
69.56-82.08
Sector
Real Estate
Beta
0.46
EPS (TTM)
1.86 USD
P/E Ratio
39.04
Revenue (TTM)
779.62M USD
Rev Growth (5Y)
+23.7%
EPS Growth (5Y)
+0.1%
AlphaVal · Fair Value
What we estimate one share is worth
$59.20
Overvalued
moderate signal
22.7% above fair value
Modeled from cash flows & growth.
AlphaQuality · Grade
How strong & durable the business is
B
Real Estate Investment Trust
73.4 / 100 composite
A real-estate investment trust — graded A–F vs. similar companies.
Company Description
Agree Realty Corporation functions as a publicly traded Real Estate Investment Trust (REIT), concentrating its efforts on the acquisition and development of commercial properties. These assets are primarily net-leased to leading companies within the retail sector. As of September 30, 2020, the firm oversaw a substantial portfolio of 1,027 properties, which were distributed across 45 U.S. states and encompassed a total gross leasable area of approximately 21.0 million square feet. Shares of Agree Realty's common stock are available for trade on the New York Stock Exchange, identified by the ticker symbol ADC.
Track Record
Showing latest 4 periods • Swipe for more
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 718.40M | 617.10M | 537.50M | 429.81M | 339.32M | 248.57M | 187.48M | 137.12M | 111.52M | 91.53M | 69.97M | 53.56M |
| Net Income | 204.35M | 189.20M | 169.96M | 152.44M | 122.27M | 91.38M | 80.08M | 58.17M | 58.11M | 45.12M | 39.02M | 18.49M |
| EPS | 1.77 | 1.79 | 1.70 | 1.84 | 1.79 | 1.76 | 1.96 | 1.81 | 2.09 | 1.97 | 2.17 | 1.24 |
| Free Cash Flow | 504.14M | 431.97M | 391.60M | 362.12M | 246.31M | 142.96M | 126.71M | 93.25M | 82.20M | 61.73M | 44.61M | 35.10M |
| FCF / Share | 4.55 | 4.27 | 4.11 | 4.60 | 3.69 | 2.76 | 3.12 | 2.91 | 2.98 | 2.70 | 2.48 | 2.36 |
| Operating CF | 504.14M | 431.97M | 391.60M | 362.12M | 246.31M | 142.96M | 126.71M | 93.25M | 82.20M | 61.73M | 44.68M | 35.10M |
| Total Assets | 9.80B | 8.49B | 7.77B | 6.71B | 5.23B | 3.89B | 2.66B | 2.03B | 1.49B | 1.11B | 792.55M | 593.58M |
| Total Debt | 3.35B | 2.83B | 2.45B | 1.98B | 1.88B | 1.31B | 961.30M | 720.41M | 519.56M | 400.92M | 319.58M | 221.76M |
| Cash & Equiv | 16.30M | 6.40M | 10.91M | 27.76M | 43.25M | 6.14M | 15.60M | 53.95M | 50.81M | 33.40M | 2.71M | 5.40M |
| Book Value | 6.27B | 5.51B | 5.20B | 4.63B | 3.42B | 2.52B | 1.69B | 1.24B | 908.66M | 682.98M | 451.12M | 353.62M |
| Return on Equity | 0.03 | 0.03 | 0.03 | 0.03 | 0.04 | 0.04 | 0.05 | 0.05 | 0.06 | 0.07 | 0.09 | 0.05 |
| Metric | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 205.10M | 200.81M | 190.49M | 183.22M | 175.53M | 169.16M | 160.73M | 154.33M | 152.57M | 149.45M | 144.16M | 136.81M |
| Net Income | 54.65M | 62.23M | 56.04M | 52.12M | 49.20M | 47.00M | 45.24M | 44.38M | 54.72M | 44.86M | 45.95M | 41.52M |
| EPS | 0.44 | 0.50 | 0.47 | 0.45 | 0.44 | 0.42 | 0.42 | 0.42 | 0.53 | 0.43 | 0.44 | 0.41 |
| Free Cash Flow | 543.30M | (267.18M) | 111.31M | 146.52M | 119.64M | 126.66M | 91.40M | 128.61M | 112.81M | 99.15M | 98.01M | 109.86M |
| FCF / Share | 4.53 | -2.23 | 0.97 | 1.32 | 1.12 | 1.18 | 0.88 | 1.28 | 1.12 | 0.99 | 0.98 | 1.13 |
| Operating CF | 130.97M | 145.16M | 111.31M | 146.52M | 119.64M | 126.66M | 91.40M | 128.61M | 112.81M | 99.15M | 98.01M | 109.86M |
| Total Assets | 10.59B | 10.18B | 9.80B | 9.48B | 9.08B | 8.80B | 8.49B | 8.18B | 8.00B | 7.87B | 7.77B | 7.65B |
| Total Debt | 3.92B | 3.29B | 3.35B | 3.42B | 3.27B | 3.00B | 2.83B | 2.72B | 2.71B | 2.55B | 2.45B | 2.23B |
| Cash & Equiv | 12.52M | 25.08M | 16.30M | 13.70M | 5.82M | 7.92M | 6.40M | 13.24M | 9.64M | 6.31M | 10.91M | 6.38M |
| Book Value | 6.52B | 6.24B | 6.27B | 5.87B | 5.65B | 5.64B | 5.51B | 5.29B | 5.16B | 5.18B | 5.20B | 5.24B |
| Return on Equity | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
ADC News
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These 2 REIT Dividends Look Equally Safe—Until You Dig Into the Numbers
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How an 80-Year-Old Collects $7,100 a Month Without Selling a Single Share
Lock In Monthly Income: 5 September Strong Buys With High Yields
Comparing Mercialys (OTCMKTS:MEIYF) & Agree Realty (NYSE:ADC)
Why I Am A Dividend Growth Investor (At Age 35)