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. In the quarter to June 2026, revenue grew 16.9%, EPS grew 2.33%, free cash flow fell 56.3% and total debt rose 18.7%, each against the same quarter a year earlier. Dividend growth for five consecutive years, revenue growth for ten, operating cash flow growth for ten; insiders bought in the last twelve months.

66.97 0.41 +0.62%
Market cap
$8.3B
P/E
36.0×
Fwd P/E
37.9×
Dividend yield
5.14%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

An Income Statement, also known as a Profit and Loss Statement, summarizes a company's revenues, expenses, and profits over a specific period. It highlights how revenue is transformed into net income, showcasing operational efficiency. Key components include total revenue, cost of goods sold (COGS), gross profit, operating expenses, and net profit. Businesses use the Income Statement to assess financial performance, make strategic decisions, and ensure profitability. Investors and stakeholders analyze it to gauge the company’s financial health and future growth potential.

Older periods Sep '25 Dec '25 Mar '26 Jun '26
Revenue

+8 more quarters

183.22 190.49 200.81 205.10
Revenue Growth
18.72% 18.51% 18.71% 16.85%
Cost of Revenue
21.97 24.00 24.90 25.36
Gross Profit
161.25 166.49 175.90 179.74
SG&A Expenses
10.89 11.07 11.48 11.96
Operating Income
87.26 92.43 98.55 95.31
Non-operating Interest Expenses
35.21 36.36 35.97 40.28
Non-operating Income/Expense
(34.98) (36.22) (36.32) (40.50)
EBT
52.28 56.21 62.23 54.81
Income after Tax
52.28 56.21 62.23 54.81
Dividends (Preferred)
1.86 1.86 1.86 1.86
Non-Controlling Interest
0.16 0.17 0.18 0.16
Net Income Common
50.26 54.18 60.19 52.79
EPS (Basic)
0.45 0.47 0.50 0.44
EPS (Diluted)
0.45 0.47 0.50 0.44
Shares (Basic, Weighted)
111.28 110.72 119.86 120.00
Shares (Diluted, Weighted)
111.51 111.20 120.38 120.49
Gross Margin
88.01% 87.40% 87.60% 87.63%
EBIT Margin
47.63% 48.52% 49.08% 46.47%
EBT margin
28.53% 29.51% 30.99% 26.72%
Net Profit Margin
27.43% 28.44% 29.98% 25.74%
EBITDA
159.70 167.86 178.02 177.78
EBIT
87.26 92.43 98.55 95.31
Income from Continuous Operations
52.28 56.21 62.23 54.81
Consolidated Net Income/Loss
52.28 56.21 62.23 54.81
EPS (Basic, from Continuous Ops)
0.47 0.49 0.52 0.46
EPS (Diluted, from Cont. Ops)
0.47 0.49 0.52 0.45
EPS (Basic, Consolidated)
0.47 0.49 0.52 0.46
EPS (Diluted, Consolidated)
0.47 0.49 0.52 0.45
Shares (Diluted, Average)
111.51 115.00 120.38 120.49
EBITDA Margin
87.16% 88.12% 88.65% 86.68%
Operating Cash Flow Margin
79.97% 58.44% 72.29% 63.86%

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In millions of $ except per-share values · columns are period end dates