Agree Realty Corporation (ADC)

NYSE: ADC · Real-Time Price · USD

73.20

0.00 (0.00%)

At close: Aug 28, 2026, 4:00 PM EDT

73.54

+0.34 (0.46%)

After-hours: Aug 28, 2026, 7:11 PM EDT

Agree Realty Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	779.62	718.4	617.1	537.5	429.81	339.32
Revenue Growth	18.17%	16.42%	14.81%	25.05%	26.67%	36.51%
Net Income	217.01	196.47	181.28	162.12	144.62	119.76
Earnings Per Share	1.86	1.77	1.78	1.70	1.83	1.78
EPS Growth	10.53%	-0.56%	4.71%	-7.10%	2.81%	2.30%

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	32.22	22.27	23.93	10.91	27.76	45.12
Total Debt	3,846	3,321	2,806	2,438	1,964	1,715
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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	533.96	504.14	431.97	391.6	362.12	246.32
Free Cash Flow	533.96	504.14	431.97	391.6	362.12	246.32
Free Cash Flow Growth	14.51%	16.71%	10.31%	8.14%	47.02%	72.30%

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
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%

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 28, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Dividend Per Share	3.204	3.081	3.000	2.919	2.805	2.604
Dividend Per Share Growth	3.77%	2.70%	2.77%	4.06%	7.72%	8.27%
Dividend Yield	4.38%	4.38%	4.55%	5.19%	4.63%	4.45%

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 28, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	39.37	42.07	40.15	38.96	43.35	45.35
PS Ratio	11.69	11.50	11.79	11.75	14.59	16.01