ADC
Agree Realty Corporation
$77.99
-0.63
(-0.80%)
Mkt Cap
9.37B
Volume
884,874
52W Range
69.56-82.08
Sector
Real Estate
Beta
0.47
EPS (TTM)
1.86
P/E Ratio
41.93
Revenue (TTM)
750.04M
Rev Growth (5Y)
+23.7%
EPS Growth (5Y)
+0.1%
AlphaVal · Fair Value
What we estimate one share is worth
$66.63
Overvalued
moderate signal
17.0% above fair value
Modeled from cash flows & growth.
AlphaQuality · Grade
How strong & durable the business is
B-
Real Estate Investment Trust
63.7 / 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 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 200.81M | 190.49M | 183.22M | 175.53M | 169.16M | 160.73M | 154.33M | 152.57M | 149.45M | 144.16M | 136.81M | 129.90M |
| Net Income | 62.23M | 56.04M | 52.12M | 49.20M | 47.00M | 45.24M | 44.38M | 54.72M | 44.86M | 45.95M | 41.52M | 40.87M |
| EPS | 0.50 | 0.47 | 0.45 | 0.44 | 0.42 | 0.42 | 0.42 | 0.53 | 0.43 | 0.44 | 0.41 | 0.42 |
| Free Cash Flow | (267.18M) | 111.31M | 146.52M | 119.64M | 126.66M | 91.40M | 128.61M | 112.81M | 99.15M | 98.01M | 109.86M | 89.56M |
| FCF / Share | -2.23 | 0.97 | 1.32 | 1.12 | 1.18 | 0.88 | 1.28 | 1.12 | 0.99 | 0.98 | 1.13 | 0.96 |
| Operating CF | 145.16M | 111.31M | 146.52M | 119.64M | 126.66M | 91.40M | 128.61M | 112.81M | 99.15M | 98.01M | 109.86M | 89.56M |
| Total Assets | 10.18B | 9.80B | 9.48B | 9.08B | 8.80B | 8.49B | 8.18B | 8.00B | 7.87B | 7.77B | 7.65B | 7.27B |
| Total Debt | 3.29B | 3.35B | 3.42B | 3.27B | 3.00B | 2.83B | 2.72B | 2.71B | 2.55B | 2.45B | 2.23B | 2.14B |
| Cash & Equiv | 25.08M | 16.30M | 13.70M | 5.82M | 7.92M | 6.40M | 13.24M | 9.64M | 6.31M | 10.91M | 6.38M | 8.07M |
| Book Value | 6.24B | 6.27B | 5.87B | 5.65B | 5.64B | 5.51B | 5.29B | 5.16B | 5.18B | 5.20B | 5.24B | 4.98B |
| 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 |
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Agree Realty Announces Second Quarter 2026 Earnings Release Date and Conference Call Information