Agree Realty Statistics
Total Valuation
Agree Realty has a market cap or net worth of $7.25 billion. The enterprise value is $9.94 billion.
Important Dates
The next estimated earnings date is Tuesday, February 11, 2025, after market close.
| Earnings Date | Feb 11, 2025 |
| Ex-Dividend Date | Nov 29, 2024 |
Share Statistics
Agree Realty has 103.30 million shares outstanding. The number of shares has increased by 8.92% in one year.
| Current Share Class | 103.30M |
| Shares Outstanding | 103.30M |
| Shares Change (YoY) | +8.92% |
| Shares Change (QoQ) | +1.25% |
| Owned by Insiders (%) | 1.77% |
| Owned by Institutions (%) | 109.99% |
| Float | 101.38M |
Valuation Ratios
The trailing PE ratio is 38.79 and the forward PE ratio is 39.09. Agree Realty's PEG ratio is 7.12.
| Price/FFO Ratio | 18.87 |
| Price/AFFO Ratio | n/a |
| PE Ratio | 38.79 |
| Forward PE | 39.09 |
| PS Ratio | 11.72 |
| Forward PS | 11.28 |
| PB Ratio | 1.42 |
| P/TBV Ratio | 1.42 |
| P/FCF Ratio | 16.53 |
| P/OCF Ratio | 16.53 |
| PEG Ratio | 7.12 |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 21.37, with an EV/FCF ratio of 22.66.
| EV / Earnings | 54.61 |
| EV / Sales | 16.55 |
| EV / EBITDA | 21.37 |
| EV / EBIT | 33.87 |
| EV / FCF | 22.66 |
Financial Position
The company has a current ratio of 1.09, with a Debt / Equity ratio of 0.51.
| Current Ratio | 1.09 |
| Quick Ratio | 0.97 |
| Debt / Equity | 0.51 |
| Debt / EBITDA | 5.80 |
| Debt / FCF | 6.17 |
| Interest Coverage | 2.87 |
Financial Efficiency
Return on equity (ROE) is 3.62% and return on invested capital (ROIC) is 2.37%.
| Return on Equity (ROE) | 3.62% |
| Return on Assets (ROA) | 2.32% |
| Return on Capital (ROIC) | 2.37% |
| Revenue Per Employee | $8.34M |
| Profits Per Employee | $2.53M |
| Employee Count | 72 |
| Asset Turnover | 0.08 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Agree Realty has paid $3.94 million in taxes.
| Income Tax | 3.94M |
| Effective Tax Rate | 2.03% |
Stock Price Statistics
The stock price has increased by +13.07% in the last 52 weeks. The beta is 0.64, so Agree Realty's price volatility has been lower than the market average.
| Beta (5Y) | 0.64 |
| 52-Week Price Change | +13.07% |
| 50-Day Moving Average | 74.95 |
| 200-Day Moving Average | 67.20 |
| Relative Strength Index (RSI) | 31.53 |
| Average Volume (20 Days) | 849,029 |
Short Selling Information
The latest short interest is 14.51 million, so 14.05% of the outstanding shares have been sold short.
| Short Interest | 14.51M |
| Short Previous Month | 13.97M |
| Short % of Shares Out | 14.05% |
| Short % of Float | 14.32% |
| Short Ratio (days to cover) | 16.04 |
Income Statement
In the last 12 months, Agree Realty had revenue of $600.53 million and earned $181.99 million in profits. Earnings per share was $1.81.
| Revenue | 600.53M |
| Gross Profit | 528.13M |
| Operating Income | 293.41M |
| Pretax Income | 190.63M |
| Net Income | 181.99M |
| EBITDA | 465.06M |
| EBIT | 293.41M |
| Earnings Per Share (EPS) | $1.81 |
Full Income StatementBalance Sheet
The company has $13.97 million in cash and $2.70 billion in debt, giving a net cash position of -$2.69 billion or -$26.05 per share.
| Cash & Cash Equivalents | 13.97M |
| Total Debt | 2.70B |
| Net Cash | -2.69B |
| Net Cash Per Share | -$26.05 |
| Equity (Book Value) | 5.29B |
| Book Value Per Share | 49.55 |
| Working Capital | 9.87M |
Full Balance SheetCash Flow
| Operating Cash Flow | 438.59M |
| Capital Expenditures | n/a |
| Free Cash Flow | 438.59M |
| FCF Per Share | $4.25 |
Full Cash Flow StatementMargins
Gross margin is 87.94%, with operating and profit margins of 48.86% and 31.62%.
| Gross Margin | 87.94% |
| Operating Margin | 48.86% |
| Pretax Margin | 32.39% |
| Profit Margin | 31.62% |
| EBITDA Margin | 77.44% |
| EBIT Margin | 48.86% |
| FCF Margin | 73.03% |