Agree Realty Corp (ADC.PA) stock
ADC.PANYSEReal Estate Investment TrustsFiscal year ends December 31Also trades as ADC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Oct 20, 2026Score 12/3013% above fair value
$15.76−0.18 (-1.13%)
Close on Oct 30, 2026Market cap $8.34BP/E 36.1Yield 4.58%
Agree Realty shares outstanding
Diluted shares outstanding: the weighted share count used for earnings per share, adjusted for stock splits.
Agree Realty's shares outstanding was 120M at Jun 30, 2026. For fiscal 2025 it was 111M, up 9.2% from the year before. Over ten years it grew 19.9% a year on average. The highest annual figure on record is 111M in fiscal 2025.
Annual shares outstanding
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 111M | +9.2% |
| FY2024 | Dec 31, 2024 | 102M | +6.7% |
| FY2023 | Dec 31, 2023 | 95M | +20.6% |
| FY2022 | Dec 31, 2022 | 79M | +17.9% |
| FY2021 | Dec 31, 2021 | 67M | +28.1% |
| FY2020 | Dec 31, 2020 | 52M | +27.1% |
| FY2019 | Dec 31, 2019 | 41M | +27.2% |
| FY2018 | Dec 31, 2018 | 32M | +17.0% |
| FY2017 | Dec 31, 2017 | 28M | +20.6% |
| FY2016 | Dec 31, 2016 | 23M | +27.1% |
| FY2015 | Dec 31, 2015 | 18M | +20.7% |
| FY2014 | Dec 31, 2014 | 15M | +13.8% |
| FY2013 | Dec 31, 2013 | 13M | +18.1% |
| FY2012 | Dec 31, 2012 | 11M | +15.0% |
| FY2011 | Dec 31, 2011 | 10M | +5.3% |
| FY2010 | Dec 31, 2010 | 9M | – |
Quarterly shares outstanding
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q2 FY2026 | Jun 30, 2026 | 120M | +9.2% |
| Q1 FY2026 | Mar 31, 2026 | 120M | +11.9% |
| Q4 FY2025 | Dec 31, 2025 | 115M | +9.8% |
| Q3 FY2025 | Sep 30, 2025 | 112M | +9.6% |
| Q2 FY2025 | Jun 30, 2025 | 110M | +9.9% |
| Q1 FY2025 | Mar 31, 2025 | 108M | +7.2% |
| Q4 FY2024 | Dec 31, 2024 | 105M | +4.3% |
| Q3 FY2024 | Sep 30, 2024 | 102M | +4.5% |
| Q2 FY2024 | Jun 30, 2024 | 100M | +7.9% |
| Q1 FY2024 | Mar 31, 2024 | 100M | +10.8% |
| Q4 FY2023 | Dec 31, 2023 | 101M | +13.0% |
| Q3 FY2023 | Sep 30, 2023 | 97M | +20.8% |
| Q2 FY2023 | Jun 30, 2023 | 93M | +23.2% |
| Q1 FY2023 | Mar 31, 2023 | 91M | +26.9% |
| Q4 FY2022 | Dec 31, 2022 | 89M | +25.9% |
| Q3 FY2022 | Sep 30, 2022 | 81M | +15.8% |
| Q2 FY2022 | Jun 30, 2022 | 76M | +15.9% |
| Q1 FY2022 | Mar 31, 2022 | 71M | +13.3% |
| Q4 FY2021 | Dec 31, 2021 | 71M | +26.0% |
| Q3 FY2021 | Sep 30, 2021 | 70M | +27.6% |
| Q2 FY2021 | Jun 30, 2021 | 65M | +22.4% |
| Q1 FY2021 | Mar 31, 2021 | 63M | +38.1% |
| Q4 FY2020 | Dec 31, 2020 | 56M | +30.5% |
| Q3 FY2020 | Sep 30, 2020 | 55M | +28.9% |
| Q2 FY2020 | Jun 30, 2020 | 53M | +29.5% |
| Q1 FY2020 | Mar 31, 2020 | 46M | +18.9% |
| Q4 FY2019 | Dec 31, 2019 | 43M | +22.2% |
| Q3 FY2019 | Sep 30, 2019 | 42M | +31.1% |
| Q2 FY2019 | Jun 30, 2019 | 41M | +31.8% |
| Q1 FY2019 | Mar 31, 2019 | 38M | +24.2% |
| Q4 FY2018 | Dec 31, 2018 | 35M | +18.9% |
| Q3 FY2018 | Sep 30, 2018 | 32M | +12.7% |
| Q2 FY2018 | Jun 30, 2018 | 31M | +18.0% |
| Q1 FY2018 | Mar 31, 2018 | 31M | +18.6% |
| Q4 FY2017 | Dec 31, 2017 | 30M | +16.2% |
| Q3 FY2017 | Sep 30, 2017 | 29M | +21.6% |
| Q2 FY2017 | Jun 30, 2017 | 26M | – |
| Q1 FY2017 | Mar 31, 2017 | 26M | – |
| Q4 FY2016 | Dec 31, 2016 | 25M | – |
| Q3 FY2016 | Sep 30, 2016 | 24M | – |