Skip to main content
logo
Agree Realty Corporation (ADC)
NYSE: ADC · Real-Time Price · USD
64.51
-0.65 (-1.00%)
Oct 8, 2026, 10:51 AM EDT - Market open

Agree Realty Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
779.62718.4617.1537.5429.81339.32
Revenue Growth
18.17%16.42%14.81%25.05%26.67%36.51%
Net Income
217.01196.47181.28162.12144.62119.76
Earnings Per Share
1.861.771.781.701.831.78
EPS Growth
10.53%-0.56%4.71%-7.10%2.81%2.30%

Cash & Debt
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
32.2222.2723.9310.9127.7645.12
Total Debt
3,8463,3212,8062,4381,9641,715
Net Cash (Debt)
-3,814-3,299-2,782-2,428-1,936-1,670
Net Cash Growth
------
Net Cash Per Share
-32.62-29.66-27.31-25.44-24.45-24.87

Cash Flow & CapEx
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
533.96504.14431.97391.6362.12246.32
Free Cash Flow
533.96504.14431.97391.6362.12246.32
Free Cash Flow Growth
14.51%16.71%10.31%8.14%47.02%72.30%

Margins
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Margin
48.43%48.28%48.30%48.32%49.75%52.19%
Pretax Margin
29.10%28.78%31.46%32.27%36.27%36.92%
Profit Margin
27.83%27.35%29.38%30.16%33.65%35.29%

Dividends
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
3.2043.0813.0002.9192.8052.604
Dividend Per Share Growth
3.93%2.70%2.77%4.06%7.72%8.27%
Dividend Yield
4.97%4.42%4.58%5.23%4.67%4.49%

Valuation
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
35.0542.0740.1538.9643.3545.35
PS Ratio
10.4111.5011.7911.7514.5916.01