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Friday 6 November 2026 Export ADC’s income statement to Excel — free account

Agree Realty Corporation

ADC Real Estate Reit Retail

Agree Realty Corporation’s revenue for fiscal 2025 (year ended December 2025) was $718.4 million, up 16.4% from fiscal 2024.

Revenue
+16.7%
EPS
+17.8%
Free cash flow
+50.0%
Total debt
+10.5%

Quarter to September 2026, against a year earlier

70.43 0.47 +0.67%
Market cap
$9.2B
P/E
36.3×
Fwd P/E
34.2×
Dividend yield
4.52%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Valuation Filings

Agree Realty Corporation (ADC) SEC filings, changes and red flags

Red flags

  • Share dilution

    Shares outstanding rose 13.2% in a year, to 130.1 million

    10-Q filed · The filing · sec.gov

  • Restatement

    Agree Realty Corporation’s 10-K corrects an error in previously issued financial statements

    10-K filed · The filing · sec.gov

Filings

Form Period Filed What it reports Flags
10-Q Sep 30, 2026 P1I2: 6 added · 1 removed · 26 modified
P2I1A: no changes 		Share dilution
8-K Oct 20, 2026 2.02 Results of operations and financial condition; 9.01 Financial statements and exhibits
8-K Oct 2, 2026 8.01 Other events
8-K Sep 17, 2026 1.01 Entry into a material definitive agreement; 2.03 Creation of a direct financial obligation; 8.01 Other events; 9.01 Financial statements and exhibits
10-Q Jun 30, 2026
8-K Jul 30, 2026 2.02 Results of operations and financial condition; 9.01 Financial statements and exhibits
8-K Jul 2, 2026 8.01 Other events
8-K May 14, 2026 5.07 Submission of matters to a vote of security holders; 9.01 Financial statements and exhibits
8-K Apr 24, 2026 8.01 Other events; 9.01 Financial statements and exhibits
10-Q Mar 31, 2026
8-K Apr 21, 2026 2.02 Results of operations and financial condition; 9.01 Financial statements and exhibits
8-K Apr 2, 2026 8.01 Other events
8-K Feb 26, 2026 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits
10-K Dec 31, 2025 1: 9 added · 7 removed · 18 modified
1A: 4 added · 1 removed · 28 modified
7: 24 added · 14 removed · 47 modified 		Restatement
8-K Feb 10, 2026 2.02 Results of operations and financial condition; 9.01 Financial statements and exhibits
8-K Jan 5, 2026 7.01 Regulation FD disclosure; 8.01 Other events; 9.01 Financial statements and exhibits
8-K Nov 17, 2025 1.01 Entry into a material definitive agreement; 2.03 Creation of a direct financial obligation; 9.01 Financial statements and exhibits
10-Q Sep 30, 2025
8-K Oct 21, 2025 2.02 Results of operations and financial condition; 9.01 Financial statements and exhibits
8-K Oct 2, 2025 8.01 Other events
8-K Jul 31, 2025 2.02 Results of operations and financial condition; 9.01 Financial statements and exhibits
10-Q Jun 30, 2025
8-K Apr 22, 2025 2.02 Results of operations and financial condition; 9.01 Financial statements and exhibits
10-Q Mar 31, 2025
10-K Dec 31, 2024
8-K Feb 11, 2025 2.02 Results of operations and financial condition; 9.01 Financial statements and exhibits
8-K Oct 22, 2024 2.02 Results of operations and financial condition; 9.01 Financial statements and exhibits
10-Q Sep 30, 2024
8-K Jul 23, 2024 2.02 Results of operations and financial condition; 9.01 Financial statements and exhibits
10-Q Jun 30, 2024
8-K Apr 23, 2024 2.02 Results of operations and financial condition; 9.01 Financial statements and exhibits
8-K Feb 13, 2024 2.02 Results of operations and financial condition; 9.01 Financial statements and exhibits

From the company’s filings on sec.gov. Red flags are raised by rules over the filings’ own data and text; they are not investment advice.