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ADC

Agree Realty Corp
$77.95 +0.10 (+0.13%) At close · Jul 10
Market Cap
$9.36B
Shares
120,102,901

Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.

Revenue
$718.4M +16.4%
FY2025 Revenue FY2009–FY2025
Net Income
$204.35M +8%
FY2025 Net Income FY2009–FY2025
Operating Margin
47.38% -1.6pp
FY2025 Operating Margin FY2009–FY2025
Diluted EPS
$1.77 -0.6%
FY2025 Diluted EPS FY2009–FY2025
Operating Cash Flow
$504.14M +16.7%
FY2025 Operating Cash Flow FY2009–FY2025

Chart any reported metric, KPI or segment over time — the full statement history lives here

Line Item TTM FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010 FY2009
$750.05M $718.4M $617.1M $537.5M $429.81M $339.32M $248.57M $187.48M $137.12M $111.52M $91.53M $69.97M $53.56M $43.52M $34.62M $30.26M $27.42M $28.65M
$770.36M $737.58M $637.83M $558.2M $450.37M $352.8M $257.39M $193.84M
$5.87M $5.65M $3.61M $2.48M $1.77M $1.68M $1.19M $967.75K $1.05M $1.11M $1.47M
$44.77M $44.06M $37.23M $34.79M $30.12M $25.46M $20.79M $15.57M $11.76M $9.43M $7.86M $6.99M $6.63M $5.95M $5.68M $5.66M $5M $4.56M
$250.25M $239.31M $206.99M $176.28M $133.57M $95.73M $66.76M $45.7M $33.03M $26.66M $23.41M $16.49M $11.1M $8.49M $6.24M $5.2M $4.33M $4.52M
$8.94M $11.87M $7.22M $7.18M $1.02M $1.92M $1.16M $0 $0 $0 $3.02M $450K $0 $600K $6.16M
$396.63M $383.39M $326.29M $284.96M $216.99M $164.17M $123.44M $86.39M $64.12M $48.56M $39.87M $29.85M $25.67M $18.1M $15.25M $14.93M $18.62M $12.83M
$360.25M $340.4M $302.24M $254.39M $218.09M $190.27M $133.13M $114.4M $73.01M $62.96M $51.66M $40.11M $27.89M $25.42M $19.37M $15.33M $8.81M $15.82M
47.38% 48.98% 47.33% 50.74% 56.07% 53.56% 61.02% 53.24% 56.46% 56.44% 57.33% 52.08% 58.41% 55.95% 50.66% 32.11% 55.23%
$610.5M $579.7M $509.23M $430.66M $351.66M $286M $199.89M $160.1M $106.04M $89.62M $75.07M $56.6M $38.99M $33.91M $25.61M $20.53M $13.14M $20.35M
$139.82M $134.61M $108.9M $81.12M $63.44M $50.38M $40.1M $33.09M $24.87M $18.14M $15.34M $12.31M $8.59M $6.47M $5.13M $3.96M $3.46M -$3.31M
$1.05M $941K $799K $189K $1.25M $0 $23K $0 $0 $347K
$1.41M $1.74M $4.31M $2.91M $2.86M $2.4M $1.09M $538K $516K $227K $153K
$219.25M $204.35M $189.2M $169.96M $152.44M $122.27M $91.38M $80.08M $58.17M $58.11M $45.12M $39.02M $18.49M $19.67M $18.05M $9.55M $15.07M $17.04M
28.45% 30.66% 31.62% 35.47% 36.03% 36.76% 42.71% 42.42% 52.11% 49.29% 55.77% 34.52% 45.21% 52.13% 31.56% 54.94% 59.49%
$668K $640K $635K $588K $598K $603K $591K $682K $626K $678K $679K $744K $425K $515.04K $554.15K $338.4K $561.04K $950.05K
$211.97M $196.91M $181.76M $162.52M $145M $120.13M $91.38M $80.08M $57.8M $57.66M $44.69M
$230.7M $199.78M $212.72M $162.96M $181.49M $153.04M $61.61M $72.17M $58.22M $60.02M $48.42M $38.67M $16.33M $22M $17.9M $10.05M $14.91M $16.97M
USD/shares $1.77 $1.79 $1.70 $1.84 $1.79 $1.76 $1.96 $1.80 $2.09 $1.97 $2.17 $1.24 $1.51 $1.63 $0.99 $1.65 $2.15
USD/shares $1.77 $1.78 $1.70 $1.83 $1.78 $1.74 $1.93 $1.78 $2.08 $1.97 $2.16 $1.24 $1.50 $1.62 $0.99 $1.64 $2.14
shares 110.72M 101.1M 95.19M 78.66M 66.8M 51.84M 40.58M 32.07M 27.63M 22.87M 18M 14.88M 13.07M 11.07M 9.64M 9.16M
shares 111.2M 101.88M 95.44M 79.16M 67.14M 52.4M 41.22M 32.4M 27.7M 22.96M 18.07M 14.97M 13.16M 11.14M 9.68M 9.19M
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.

Capital Returned to Shareholders

Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2010–FY2025: $18.45M in buybacks, $1.84B in dividends.

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against the industry, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue
EV/EBIT
P/E (TTM)
42.14×
REIT - Retail median 23.57×

Valuation over time computed as of each quarter's filing date

Key facts CIK 917251 CUSIP 008492100 13F (30d) 17 filings 17 filers Visit website Investor relations