stockrow
Friday 6 November 2026
Export ADC’s income statement to Excel — free account
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.
- 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%
Follow ADC
Alert me
Agree Realty Corporation (ADC) Operating margin
Agree Realty Corporation's operating margin over the twelve months to 30 September 2026 was 48.9%, up 1.5 percentage points from fiscal 2025 (47.4%). Over the past ten years it has ranged from 47.3% (fiscal 2023) to 61.0% (fiscal 2019); the current reading is higher than 18% of that period. That is above the Reit Retail industry median of 36.9% and above the Real Estate sector median of 17.8%.
Operating margin, annual
Embed this chart
Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 47.4% | (1.60) |
| FY2024 | 49.0% | 1.65 |
| FY2023 | 47.3% | (3.41) |
| FY2022 | 50.7% | (5.33) |
| FY2021 | 56.1% | 2.51 |
| FY2020 | 53.6% | (7.46) |
| FY2019 | 61.0% | 7.78 |
| FY2018 | 53.2% | (3.22) |
| FY2017 | 56.5% | 0.02 |
| FY2016 | 56.4% | (0.89) |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Sep 2026 | 51.2% | 4.76 |
| Jun 2026 | 46.5% | (2.61) |
| Mar 2026 | 49.1% | 0.56 |
| Dec 2025 | 48.5% | 0.89 |
| 43 more quarters | Free account |
Against its own ten years
Low 47.3%
High 61.0%
Ten-year median
53.6%
Current reading's percentile
26
Operating margin against peers
| Company | Operating margin |
|---|---|
| NNN NNN REIT, Inc. compare | 62.9% |
| EPRT Essential Properties Realty Trust, Inc. compare | 60.6% |
| KRG Kite Realty Group Trust compare | 54.3% |
| ADC Agree Realty Corporation | 48.9% |
| FRT Federal Realty Investment Trust compare | 47.7% |
| REG Regency Centers Corporation compare | 37.1% |
| BRX Brixmor Property Group Inc. compare | 36.8% |
| PECO Phillips Edison & Company, Inc. compare | 29.5% |
| MAC Macerich Company (The) compare | 0.00% |
| Reit Retail industry median | 36.9% |
| Real Estate sector median | 17.8% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on ADC
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement