Agree Realty Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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 & Equivalents	16.3	6.4	10.91	27.76	43.25
Cash & Short-Term Investments	16.3	6.4	10.91	27.76	43.25
Cash Growth	154.65%	-41.33%	-60.71%	-35.81%	604.77%
Accounts Receivable	122.48	106.42	82.95	65.84	53.44
Restricted Cash	-	4.33	3.62	1.15	2
Inventory	-	-	3.64	-	5.68
Total Current Assets	138.77	117.14	101.12	94.75	104.37
Net Property, Plant & Equipment	8,573	7,418	6,743	5,741	4,367
Other Intangible Assets	1,001	864.94	854.09	799.45	672.02
Other Long-Term Assets	80.85	90.59	76.31	77.92	83.41
Total Assets	9,798	8,486	7,775	6,713	5,227
Accounts Payable	139.38	116.27	101.4	83.72	70.01
Short-Term Debt	320.5	158	227	100	160
Other Current Liabilities	32.16	27.84	25.53	22.35	16.88
Total Current Liabilities	492.04	302.12	353.94	206.07	246.89
Long-Term Debt	2,974	2,627	2,184	1,840	1,528
Long-Term Leases	60.19	46.25	36.83	36.71	33.08
Total Long-Term Liabilities	3,034	2,674	2,221	1,877	1,561
Total Liabilities	3,526	2,976	2,575	2,083	1,808
Preferred Stock	175	175	175	175	175
Common Stock	0.01	0.01	0.01	0.01	0.01
Additional Paid-in Capital	6,679	5,766	5,354	4,659	3,396
Accumulated Other Comprehensive Income	35.51	40.08	16.55	23.55	-5.5
Retained Earnings	-618.68	-470.62	-346.47	-228.13	-147.37
Total Common Shareholders' Equity	6,271	5,510	5,199	4,629	3,418
Minority Interest	0.17	0.62	0.94	1.39	1.63
Shareholders' Equity	6,271	5,511	5,200	4,630	3,419
Total Liabilities & Equity	9,798	8,486	7,775	6,713	5,227
Total Debt	3,355	2,832	2,448	1,977	1,721
Net Cash (Debt)	-3,339	-2,825	-2,437	-1,949	-1,677
Net Cash Per Share	-30.02	-27.73	-25.53	-24.78	-25.11
Book Value	6,271	5,510	5,199	4,629	3,418
Book Value Per Share	56.39	54.09	54.48	58.85	51.16
Tangible Book Value	5,270	4,645	4,345	3,830	2,746
Tangible Book Value Per Share	47.39	45.60	45.53	48.69	41.10

Updated Dec 31, 2025. Data Source: Fiscal.ai. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q