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Agree Realty Corporation (ADC)
NYSE: ADC · Real-Time Price · USD
75.63
-0.72 (-0.94%)
At close: Aug 7, 2026, 4:00 PM EDT
75.55
-0.08 (-0.11%)
After-hours: Aug 7, 2026, 7:36 PM EDT

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%
Gross Profit
683.39630.25542.25470.78377.53298.26
Operating Income
365.67335.01290.8252.54212.83175.16
Net Income
217.42196.91181.76162.52145120.13
Earnings Per Share
1.861.771.781.701.841.79
EPS Growth
10.71%-0.56%4.71%-7.61%2.79%1.70%

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
12.5216.36.410.9127.7643.25
Total Debt
3,8923,3552,8322,4481,9771,721
Net Cash (Debt)
-3,879-3,339-2,825-2,437-1,949-1,677
Net Cash Growth
------
Net Cash Per Share
-33.20-30.02-27.73-25.53-24.78-25.11

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
Capital Expenditures
-1,805-1,585-979.74-1,289-1,661-1,443
Free Cash Flow
-1,271-1,081-547.77-897.24-1,299-1,196
Free Cash Flow Growth
------

Margins
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
87.66%87.73%87.87%87.59%87.84%87.90%
Operating Margin
46.90%46.63%47.12%46.98%49.52%51.62%
Pretax Margin
29.10%28.78%31.46%32.27%36.27%45.53%
Profit Margin
28.93%28.53%30.76%31.73%35.60%36.21%
FCF Margin
-163.05%-150.48%-88.77%-166.93%-302.17%-352.56%

Dividends
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '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
3.62%2.70%2.77%4.06%7.72%8.27%
Dividend Yield
4.24%4.27%4.26%4.63%3.95%4.08%

Valuation
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
40.6840.6939.5837.0338.5539.87
PS Ratio
12.0812.0312.2411.7714.8814.99