Agree Realty Corporation
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.
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Agree Realty Corporation (ADC) EV/Sales
As of 16 October 2026, Agree Realty Corporation (ADC) trades at a EV/Sales of 15.2×. Over the past ten years it has ranged from 12.8× (January 2015) to 24.4× (October 2019); the current reading is higher than 15% of that period. That is above the Reit Retail industry median of 10.5× and above the Real Estate sector median of 7.6×.
EV/Sales, daily
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Annual newest first
| Period | EV/Sales | Change |
|---|---|---|
| FY2025 | 15.7× | (2.37%) |
| FY2024 | 16.0× | 2.12% |
| FY2023 | 15.7× | (9.52%) |
| FY2022 | 17.4× | (8.09%) |
| FY2021 | 18.9× | 0.71% |
| FY2020 | 18.8× | (5.04%) |
| FY2019 | 19.8× | 5.72% |
| FY2018 | 18.7× | 10.29% |
| FY2017 | 16.9× | 8.88% |
| FY2016 | 15.6× | 17.56% |
Quarterly newest first
| Period | EV/Sales | Change |
|---|---|---|
| Jun 2026 | 16.5× | (2.32%) |
| Mar 2026 | 16.9× | 8.11% |
| Dec 2025 | 15.7× | (4.14%) |
| Sep 2025 | 16.3× | (4.02%) |
| 42 more quarters | Free account |
Against its own ten years
EV/Sales against peers
| Company | EV/Sales |
|---|---|
| KRG Kite Realty Group Trust compare | 9.5× |
| PECO Phillips Edison & Company, Inc. compare | 9.6× |
| BRX Brixmor Property Group Inc. compare | 9.7× |
| FRT Federal Realty Investment Trust compare | 10.4× |
| MAC Macerich Company (The) compare | 10.8× |
| REG Regency Centers Corporation compare | 11.2× |
| NNN NNN REIT, Inc. compare | 13.5× |
| EPRT Essential Properties Realty Trust, Inc. compare | 13.7× |
| ADC Agree Realty Corporation | 15.2× |
| Reit Retail industry median | 10.5× |
| Real Estate sector median | 7.6× |
| Market median | 2.1× |
What EV/Sales is
EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)