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

70.10 0.36 −0.51%
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

Agree Realty Corporation 10-K filed Feb 10, 2026

Fiscal year 2025 · Period ended Dec 31, 2025 · Filed · accepted 4:06 PM ET · Document on sec.gov · Filing index

Red flags

  • Restatement

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

    10-K filed · The filing · sec.gov

What changed

Item 1, Business, against the 10-K filed Feb 11, 2025: 9 added · 7 removed · 18 modified; 11 with only figures updated

  1. Modified · General

    As of December 31, 20242025, the Company had 7590 full-time employees, covering accounting, acquisitions, asset management, development and construction, finance, information technology, legal, due diligence, and people and culture.