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 statistics
Financials through Jun 30, 2026, price as of Oct 19, 2026, median of Real Estate Investment Trusts companies for comparison
Valuation
| Measure | Agree Realty | Industry median |
|---|---|---|
| Market Cap | $8.19B | $306.75M |
| Enterprise Value | $8.17B | $298.07M |
| PE Ratio | 35.39 | 23.58 |
| PS Ratio | 10.50 | 4.22 |
| PB Ratio | 1.26 | 1.70 |
| P/TBV Ratio | 1.49 | 1.81 |
| P/OCF Ratio | 15.33 | 12.25 |
Enterprise value
| Measure | Agree Realty | Industry median |
|---|---|---|
| EV / Sales | 10.48 | 4.06 |
| EV / EBITDA | 12.89 | 9.44 |
| EV / EBIT | 21.88 | 16.16 |
Income (trailing twelve months)
| Measure | Agree Realty | Industry median |
|---|---|---|
| Revenue | $779.62M | $462.89M |
| Operating Income | $373.56M | -$575.50K |
| Net Income | $224.86M | $5.29M |
| EBITDA | $633.97M | $7.15M |
| EPS (Diluted) | $1.86 | $0.51 |
Margins
| Measure | Agree Realty | Industry median |
|---|---|---|
| Operating Margin | 47.9% | 21.8% |
| Profit Margin | 28.8% | 10.6% |
| EBITDA Margin | 81.3% | 46.5% |
Returns
| Measure | Agree Realty | Industry median |
|---|---|---|
| Return on Equity (ROE) | 3.69% | 4.88% |
| Return on Assets (ROA) | 2.29% | 1.89% |
| Return on Invested Capital (ROIC) | 4.86% | 8.05% |
Growth
| Measure | Agree Realty | Industry median |
|---|---|---|
| Revenue Growth (YoY) | 18.2% | 4.40% |
| Net Income Growth (YoY) | 21.0% | 12.0% |
| EPS Growth (YoY) | 10.7% | 9.29% |
| Revenue Growth (3Y CAGR) | 18.7% | 4.15% |
| Revenue Growth (5Y CAGR) | 23.6% | 7.74% |
| EPS Growth (3Y CAGR) | -1.11% | -0.11% |
| EPS Growth (5Y CAGR) | 0.34% | 6.21% |
Balance sheet
| Measure | Agree Realty | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $12.52M | $1.13M |
| Net Cash (Debt) | $12.52M | $863.61K |
| Net Cash Per Share | $0.10 | $0.04 |
| Equity (Book Value) | $6.52B | -$35.82K |
| Book Value Per Share | $52.42 | -$0.00 |
| Tangible Book Value | $5.51B | -$75.49K |
Financial position
| Measure | Agree Realty | Industry median |
|---|---|---|
| Interest Coverage | 2.53 | 1.62 |
Cash flow (trailing twelve months)
| Measure | Agree Realty | Industry median |
|---|---|---|
| Operating Cash Flow | $533.96M | $15.25M |
Efficiency
| Measure | Agree Realty | Industry median |
|---|---|---|
| Asset Turnover | 0.08 | 0.13 |
| Revenue Per Employee | $8.66M | $2.44M |
| Profits Per Employee | $2.50M | $148.73K |
| Employee Count | 90 | 188 |
Dividends and yields
| Measure | Agree Realty | Industry median |
|---|---|---|
| Earnings Yield | 2.75% | 1.97% |
| Dividend Yield | 4.67% | 5.74% |
| Buyback Yield | -12.1% | 0.11% |
| Shareholder Yield | -7.39% | 4.97% |
| Dividend Per Share | $3.07 | $1.34 |
| Dividend Growth (YoY) | 2.61% | 1.18% |
| Years of Dividend Growth | 2 | 1 |
| Payout Ratio | 162.4% | 120.7% |
Shares
| Measure | Agree Realty | Industry median |
|---|---|---|
| Shares Outstanding | 124,379,000 | 30,666,700 |
| Shares Change (YoY) | 10.1% | 0.70% |
| Shares Change (QoQ) | 3.56% | 0.01% |
| Float | 122,112,000 | 24,958,300 |
| Shares Held by Insiders | 1.82% | 17.3% |
| Shares Held by Institutions | 114.6% | 68.7% |
Taxes
| Measure | Agree Realty | Industry median |
|---|---|---|
| Income Tax | $1.36M | $279.50K |
Scores
| Measure | Agree Realty | Industry median |
|---|---|---|
| Graham Number | $46.84 | $20.29 |
| Graham Upside | -28.8% | -29.4% |
| Altman Z-Score | 1.40 | 7.38 |
| Piotroski F-Score | 5 | 5 |
Calculated by StockData from Agree Realty's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.