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.

Jun '26 Mar '26 Dec '25 Sep '25 Older periods
Revenue
205.10 200.81 190.49 183.22

+8 more quarters

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

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