ADC
AGREE REALTY CORPCompany Information
- Company Name
- AGREE REALTY CORP
- CIK
- CIK0000917251
- Category
- Large accelerated filer
- Ticker: Exchange
- ADC: NYSE, ADC-PA: NYSE
- Fiscal Year End
- December 31
- Owner Organization
- 05 Real Estate & Construction
- SIC
- 6798
- SIC Description
- Real Estate Investment Trusts
- Ticker
- ADC
SEC filing data through
Insider Sentiment
- Last purchase
- 2026-09-21
- Last sale
- —
- Shares purchased (TTM)
- 146,229
- Shares sold (TTM)
- 0
Institutional Sentiment
- As of
- 2026-06-30
- Institutional shares owned
- 124,543,485
- Shares outstanding
- 119,996,944
- Ownership
- 103.79%
Earnings Market Reaction
- Filing date
- 2026-07-30
- Price on filing date
- —
- 1-month reaction
- …
- 3-month reaction
- …
Balance Sheet
Values in millions ($)| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Trend |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Real Estate Investment Property Net | ||||||||||||||||||
| Land | 3,154 | 3,015 | 2,895 | 2,787 | 2,663 | 2,599 | 2,514 | 2,404 | 2,341 | 2,305 | 2,282 | 2,232 | ||||||
| Investment Building And Building Improvements | 6,798 | 6,570 | 6,330 | 6,124 | 5,872 | 5,648 | 5,413 | 5,197 | 5,062 | 4,938 | 4,862 | 4,750 | ||||||
| Real Estate Investment Property Accumulated Depreciation | -801 | -759 | -716 | -678 | -639 | -601 | -564 | -526 | -495 | -464 | -434 | -404 | ||||||
| Development In Process | 93 | 60 | 63 | 64 | 62 | 50 | 56 | 53 | 45 | 42 | 33 | 36 | ||||||
| Real Estate Investment Property Net | 9,244 | 8,886 | 8,573 | 8,297 | 7,959 | 7,697 | 7,418 | 7,128 | 6,953 | 6,821 | 6,743 | 6,614 | ||||||
| Cash And Cash Equivalents At Carrying Value | 13 | 25 | 16 | 14 | 6 | 8 | 6 | 13 | 10 | 6 | 11 | 6 | ||||||
| Escrow Deposit | 9 | 6 | 4 | 3 | 3 | 3 | 0 | - | 15 | 9 | 4 | 0 | ||||||
| Accounts Receivable Net | 131 | 130 | 122 | 118 | 108 | 105 | 106 | 98 | 95 | 91 | 83 | 78 | ||||||
| Finite Lived Intangible Asset Acquired In Place Leases | 1,079 | 1,033 | 1,001 | 967 | 923 | 897 | 865 | 838 | 838 | 841 | 854 | 849 | ||||||
| Other Assets | 102 | 97 | 81 | 85 | 83 | 89 | 91 | 94 | 91 | 94 | 76 | 96 | ||||||
| Assets | 10,587 | 10,180 | 9,798 | 9,484 | 9,085 | 8,801 | 8,486 | 8,184 | 8,001 | 7,869 | 7,775 | 7,647 | ||||||
| Secured Debt | 41 | 41 | 42 | 42 | 42 | 42 | 42 | 42 | 43 | 43 | 43 | 43 | ||||||
| Unsecured Debt | 696 | 597 | 348 | 348 | 348 | 348 | 347 | 347 | 347 | 347 | 347 | 347 | ||||||
| Senior Notes | 2,587 | 2,586 | 2,585 | 2,584 | 2,583 | 2,238 | 2,238 | 2,237 | 2,236 | 1,795 | 1,794 | 1,794 | ||||||
| Line Of Credit | - | - | - | - | - | 322 | 158 | 49 | 43 | 330 | 227 | 49 | ||||||
| Dividends Payable Current And Noncurrent | 34 | 32 | 32 | 30 | 29 | 29 | 28 | 27 | 26 | 26 | 26 | 25 | ||||||
| Accounts Payable And Accrued Liabilities Current And Noncurrent | 141 | 154 | 139 | 162 | 132 | 130 | 116 | 142 | 106 | 112 | 101 | 107 | ||||||
| Below Market Lease Net | 71 | 62 | 60 | 57 | 50 | 47 | 46 | 45 | 37 | 37 | 37 | 37 | ||||||
| Liabilities | 4,067 | 3,941 | 3,526 | 3,611 | 3,430 | 3,156 | 2,976 | 2,890 | 2,838 | 2,689 | 2,575 | 2,402 | ||||||
Stockholders Equity Including Portion Attributable To Noncontrolling Interest | ||||||||||||||||||
| Preferred Stock Value | 175 | 175 | 175 | 175 | 175 | 175 | 175 | 175 | 175 | 175 | 175 | 175 | ||||||
| Common Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Additional Paid In Capital | 6,993 | 6,677 | 6,679 | 6,248 | 5,993 | 5,948 | 5,766 | 5,535 | 5,357 | 5,354 | 5,354 | 5,352 | ||||||
| Accumulated Distributions In Excess Of Net Income | -698 | -653 | -619 | -581 | -545 | -508 | -471 | -434 | -401 | -378 | -346 | -316 | ||||||
| Accumulated Other Comprehensive Income Loss Net Of Tax | 50 | 41 | 36 | 32 | 32 | 29 | 40 | 18 | 31 | 27 | 17 | 33 | ||||||
| Stockholders Equity | 6,520 | 6,239 | 6,271 | 5,873 | 5,654 | 5,645 | 5,510 | 5,295 | 5,163 | 5,179 | 5,200 | 5,245 | ||||||
| Minority Interest | -0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | ||||||
| Liabilities And Stockholders Equity | 10,587 | 10,180 | 9,798 | 9,484 | 9,085 | 8,801 | 8,486 | 8,184 | 8,001 | 7,869 | 7,775 | 7,647 | ||||||
| Common Stock Shares Issued | 124 | 120 | 120 | 114 | 111 | 110 | 107 | 104 | 101 | 101 | 101 | 101 | ||||||
| Shares Outstanding | 124 | 120 | 120 | 114 | 111 | 110 | 107 | 104 | 101 | 101 | 101 | 101 | ||||||
| Series A Preferred Stock | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | - | 0 | ||||||
| Finite Lived Intangible Assets Accumulated Amortization | 641 | 609 | 577 | 546 | 517 | 488 | 461 | 435 | 409 | 383 | 360 | 335 | ||||||
| Below Market Lease Accumulated Amortization | 53 | 51 | 50 | 49 | 48 | 47 | 46 | 45 | 44 | 43 | 43 | 41 | ||||||
| Preferred Stock Par Or Stated Value Per Share | - | - | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||
| Preferred Stock Shares Authorized | - | - | - | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | ||||||
| Common Stock Par Or Stated Value Per Share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||
| Common Stock Shares Authorized | 360 | 360 | 360 | 360 | 360 | 180 | 180 | 180 | 180 | 180 | 180 | 180 | ||||||
Select a line item above to chart it.
Recent filings
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
Financial statements beyond 3 years are for subscribers only.
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Start 7-day free trialAGREE REALTY CORP (ADC) — SEC Financial Statements & Analysis
AGREE REALTY CORP (ADC) is a real estate investment trusts company, incorporated in DE. AGREE REALTY CORP trades on NYSE as: ADC, ADC-PA. AGREE REALTY CORP (ADC)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-07-30. Based on that filing, AGREE REALTY CORP carries a market cap of $9.06B, a P/E ratio of 40.96x, a P/B ratio of 1.39x, a P/S ratio of 11.62x, an enterprise value of $11.62B, and an EV/EBITDA multiple of 18.33x. On profitability, it posts a gross margin of 115.63%, an operating margin of 47.93%, a net margin of 28.38%, a Return on Equity (ROE) of 3.63%, and a Return on Invested Capital (ROIC) of 4.31%. Per share, it reports EPS of $1.84, diluted EPS of $1.84, free cash flow per share of $-9.07, and a dividend per share of $3.04. Over the trailing year, it posted revenue growth of 18.17% year-over-year, net income growth of 22.70% year-over-year, and EPS growth of 12.23% year-over-year. On the balance sheet, it maintains an interest coverage ratio of 2.53x, free cash flow of $-1.09B (TTM), and net debt of $2.57B. Figures sourced from SEC EDGAR.
- Market Cap
- $9.06B
- P/E TTM
- 40.96x
- EPS TTM
- $1.84
- P/B TTM
- 1.39x
- ROE TTM
- 3.63%
- Free Cash Flow TTM
- $-1.09B
- Net Revenue TTM Growth 1Y
- 18.17%
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is AGREE REALTY CORP in?
AGREE REALTY CORP (ADC) operates in the Real Estate Investment Trusts industry.
What exchange does ADC trade on?
AGREE REALTY CORP (ADC) trades on the NYSE.
Where is AGREE REALTY CORP incorporated?
AGREE REALTY CORP is incorporated in DE.
When was AGREE REALTY CORP (ADC)'s most recent SEC filing?
AGREE REALTY CORP (ADC)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-07-30.
What is ADC's market cap?
AGREE REALTY CORP (ADC) has a market capitalization of $9.06B as of 2026-06-30.
What is ADC's P/E ratio?
AGREE REALTY CORP (ADC)'s trailing twelve month P/E ratio is 40.96x as of 2026-06-30.
What is ADC's EPS (earnings per share)?
AGREE REALTY CORP (ADC)'s trailing twelve month EPS is $1.84 as of 2026-06-30.
What is ADC's ROE (return on equity)?
AGREE REALTY CORP (ADC)'s trailing twelve month Return on Equity (ROE) is 3.63% as of 2026-06-30.
What is ADC's ROIC (return on invested capital)?
AGREE REALTY CORP (ADC)'s trailing twelve month Return on Invested Capital (ROIC) is 4.31% as of 2026-06-30.
What is ADC's EV/EBITDA?
AGREE REALTY CORP (ADC)'s trailing twelve month EV/EBITDA is 18.33x as of 2026-06-30.