Agree Realty Corporation (ADC)

Agree Realty Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Fiscal Year	Current	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jan 21, 2025	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Market Capitalization	7,584	6,315	6,269	5,431	3,675	2,962
Market Cap Growth	42.51%	0.73%	15.43%	47.81%	24.06%	46.19%
Enterprise Value	10,275	8,729	8,082	7,068	4,842	3,900
Last Close Price	73.17	60.11	64.69	62.50	56.16	56.96
Price/FFO Ratio	20.05	16.79	18.75	20.83	19.17	20.71
Price/AFFO Ratio	-	15.22	16.89	17.81	17.55	18.86
PE Ratio	40.45	38.96	43.35	45.35	40.34	37.16
PS Ratio	12.23	11.75	14.59	16.01	14.78	15.80
PB Ratio	1.48	1.21	1.35	1.59	1.45	1.75
P/FCF Ratio	17.29	16.13	17.31	22.05	25.70	23.38
P/OCF Ratio	17.29	16.13	17.31	22.05	25.70	23.38
EV/Sales Ratio	17.11	16.24	18.80	20.83	19.48	20.80
EV/EBITDA Ratio	22.09	21.25	23.97	26.25	22.90	24.15
EV/EBIT Ratio	35.02	33.61	37.80	39.92	37.46	37.97
EV/FCF Ratio	23.43	22.29	22.32	28.70	33.87	30.78
Debt / Equity Ratio	0.51	0.47	0.42	0.50	0.50	0.52
Debt / EBITDA Ratio	5.80	5.91	5.80	6.33	5.89	5.45
Debt / FCF Ratio	6.17	6.23	5.42	6.96	8.76	6.95
Asset Turnover	0.08	0.07	0.07	0.07	0.08	0.08
Quick Ratio	0.97	1.05	1.36	2.14	0.65	0.65
Current Ratio	1.09	1.13	1.37	2.31	0.69	1.11
Return on Equity (ROE)	3.62%	3.47%	3.80%	4.13%	4.36%	5.51%
Return on Assets (ROA)	2.32%	2.24%	2.24%	2.43%	2.47%	2.74%
Return on Capital (ROIC)	2.37%	2.28%	2.28%	2.48%	2.54%	2.83%
Earnings Yield	2.40%	2.69%	2.43%	2.25%	2.49%	2.70%
FCF Yield	5.78%	6.20%	5.78%	4.54%	3.89%	4.28%
Dividend Yield	4.15%	4.86%	4.34%	4.17%	4.28%	4.00%
Payout Ratio	167.83%	167.75%	149.40%	160.15%	127.06%	112.71%
Buyback Yield / Dilution	-8.92%	-20.56%	-17.91%	-28.14%	-27.10%	-27.23%
Total Shareholder Return	-4.77%	-15.70%	-13.57%	-23.97%	-22.82%	-23.23%

Source: S&P Capital IQ. Real Estate template. Financial Sources.