ADCNYSEReal Estate Investment TrustsFiscal year ends December 31Also trades as ADC.PA

AGREE REALTY CORP

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Oct 20, 2026

$65.82−1.22 (-1.82%)

Close on Oct 19, 2026

Market cap: $7.93B
P/E (TTM): 35.4
Dividend yield: 4.67%

AGREE REALTY CORP balance sheet

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31	FY 2015 2015-12-31	FY 2014 2014-12-31	FY 2013 2013-12-31	FY 2012 2012-12-31	FY 2011 2011-12-31	FY 2010 2010-12-31	FY 2009 2009-12-31	FY 2008 2008-12-31
Cash & Equivalents	16	6.40	15	29	45	7.96	42	54	59	33	2.71	5.40	15	1.27	2.00	0.59	0.69	0.67
Cash & Short-Term Investments	16	6.40	15	29	45	7.96	42	54	59	33	2.71	5.40	15	1.27	2.00	0.59	0.69	0.67
Receivables	122	106	83	66	53	38	27	22	15	12	7.42	4.51	3.26	2.16	0.80	1.33	–	–
Property, Plant & Equipment	–	–	–	–	–	–	–	1,648	1,189	943	696	530	399	316	270	265	–	–
Land	2,895	2,514	2,282	1,942	1,559	1,095	736	554	405	310	225	195	162	135	109	104	–	–
Operating Lease Right-of-Use Assets	47	48	60	61	60	45	16	–	–	–	–	–	–	–	–	–	–	–
Intangible Assets	941	819	817	763	639	438	317	257	168	113	80	47	28	25	–	–	–	–
Total Assets	9,798	8,486	7,775	6,713	5,227	3,886	2,665	2,028	1,495	1,142	790	594	463	370	294	285	–	–
Current Income Taxes Payable	–	–	–	–	–	–	–	–	–	–	0.00	0	0	0.02	0.13	–	–	–
Operating Lease Liabilities	20	18	17	17	18	17	16	–	–	–	–	–	–	–	–	–	–	–
Deferred Tax Liabilities	–	–	–	–	–	–	–	0.48	–	–	–	–	–	–	–	–	–	–
Total Liabilities	3,526	2,976	2,575	2,083	1,808	1,360	973	790	583	456	336	238	171	172	132	118	–	–
Preferred Stock	175	175	175	175	175	–	–	0	0	0	0	0	0	0	0	–	–	–
Common Stock	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	–	–
Additional Paid-In Capital	6,679	5,766	5,354	4,659	3,396	2,652	1,753	1,278	936	712	483	388	313	218	181	180	–	–
Retained Earnings	–	–	–	–	–	–	–	–	–	–	–	-33	-24	-21	-21	-15	–	–
Comprehensive Income & Other	36	40	17	24	-5.50	-36	-6.49	1.42	1.38	-0.54	-3.13	-2.06	0.47	-1.29	-0.61	-0.76	–	–
Shareholders' Equity	6,271	5,510	5,199	4,629	3,418	2,524	1,689	1,236	909	683	451	354	290	195	160	164	–	–
Noncontrolling Interest	0.17	0.62	0.94	1.39	1.63	1.76	2.23	2.41	2.53	2.53	2.50	2.42	2.65	2.66	2.68	2.89	–	–
Total Equity	6,271	5,511	5,200	4,630	3,419	2,526	1,692	1,238	911	686	454	356	292	198	162	167	–	–
Total Liabilities & Equity	9,798	8,486	7,775	6,713	5,227	3,886	2,665	2,028	1,495	1,142	790	594	463	370	294	285	–	–
Shares Outstanding(shares)	120	107	101	90	71	60	46	38	31	26	21	18	15	11	9.85	9.76	–	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, TTM

Gross margin: –
Operating margin: 47.9%
Net margin: 28.8%
Return on equity, FY2025: 3.5%

Financial strength

Current ratio: –
Debt to equity: –
Debt to assets: –
Cash to current liabilities: –

Valuation

P/E ratio: 35.4
Price to sales: 10.17
Price to book: 1.22
Dividend yield: 4.67%