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Agree Realty Corporation (ADC)
NYSE: ADC · Real-Time Price · USD
66.12
-0.88 (-1.31%)
Oct 28, 2026, 2:27 PM EDT - Market open

Agree Realty Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
810.28718.4617.1537.5429.81339.32
Revenue Growth
17.66%16.42%14.81%25.05%26.67%36.51%
Net Income
233.25196.47181.28162.12144.62119.76
Earnings Per Share
1.941.771.781.701.831.78
EPS Growth
13.29%-0.56%4.71%-7.10%2.81%2.30%

Cash & Debt
Chart
Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
110.1322.2723.9310.9127.7645.12
Total Debt
3,7403,3212,8062,4381,9641,715
Net Cash (Debt)
-3,630-3,299-2,782-2,428-1,936-1,670
Net Cash Growth
------
Net Cash Per Share
-30.20-29.66-27.31-25.44-24.45-24.87

Cash Flow & CapEx
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
572.04504.14431.97391.6362.12246.32
Free Cash Flow
572.04504.14431.97391.6362.12246.32
Free Cash Flow Growth
18.14%16.71%10.31%8.14%47.02%72.30%

Margins
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Margin
48.34%48.28%48.30%48.32%49.75%52.19%
Pretax Margin
30.03%28.78%31.46%32.27%36.27%36.92%
Profit Margin
28.79%27.35%29.38%30.16%33.65%35.29%

Dividends
Chart
Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
3.2523.0813.0002.9192.8052.604
Dividend Per Share Growth
3.92%2.70%2.77%4.06%7.72%8.27%
Dividend Yield
4.92%4.47%4.41%4.64%4.03%3.41%

Valuation
Chart
Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
34.0942.0740.1538.9643.3545.35
PS Ratio
10.6611.5011.7911.7514.5916.01