Pricing Log in Create free account
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) Book value per share

Alert me on Book value per share

Agree Realty Corporation's book value per share at the end of fiscal 2025 was 56.6×, unchanged from fiscal 2024. At the end of the quarter to 30 September 2026 it was 55.8×. Over the past ten years it has ranged from 25.2× (fiscal 2015) to 58.9× (fiscal 2022); the current reading is higher than 91% of that period. Agree Realty Corporation ranks 2nd of 26 Reit Retail companies by book value per share.

Book value per share, annual

Embed this chart

Annual newest first

Period Book value per share Change
FY2025 56.6× 3.91%
FY2024 54.5× (0.22%)
FY2023 54.6× (7.20%)
FY2022 58.9× 15.01%
FY2021 51.2× 5.03%
FY2020 48.7× 16.90%
FY2019 41.7× 7.95%
FY2018 38.6× 17.08%
FY2017 33.0× 10.04%
FY2016 30.0× 18.97%

Quarterly newest first

Period Book value per share Change
Sep 2026 55.8× 2.74%
Jun 2026 54.3× 4.38%
Mar 2026 52.1× (8.09%)
Dec 2025 56.6× 7.31%
43 more quarters

Against its own ten years

Low 25.2× High 58.9×
Ten-year median 48.7×
Current reading's percentile 91

Book value per share against peers

Company Book value per share
ADC Agree Realty Corporation 55.8×
REG Regency Centers Corporation compare 39.0×
FRT Federal Realty Investment Trust compare 38.3×
NNN NNN REIT, Inc. compare 23.9×
EPRT Essential Properties Realty Trust, Inc. compare 21.2×
PECO Phillips Edison & Company, Inc. compare 21.0×
KRG Kite Realty Group Trust compare 13.8×
MAC Macerich Company (The) compare 9.9×
BRX Brixmor Property Group Inc. compare 9.8×

What Book value per share is

BV per Share tells an investor how much of a company’s accounting net worth stands behind each share.

(Shareholders Equity (Total) ÷ Shares (Basic, Weighted))

The full definition of Book value per share →

More on ADC