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
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Agree Realty Corporation (ADC) P/B ratio
As of 5 November 2026, Agree Realty Corporation (ADC) trades at a P/B ratio of 1.3×. Over the past ten years it has ranged from 1.0× (October 2023) to 2.2× (October 2019); the current reading is higher than 15% of that period. That is below the Reit Retail industry median of 1.8× and above the Real Estate sector median of 1.0×.
P/B ratio, daily
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Annual newest first
| Period | P/B ratio | Change |
|---|---|---|
| FY2025 | 1.3× | (1.99%) |
| FY2024 | 1.3× | 10.96% |
| FY2023 | 1.2× | (3.45%) |
| FY2022 | 1.2× | (15.19%) |
| FY2021 | 1.5× | 7.55% |
| FY2020 | 1.4× | (18.83%) |
| FY2019 | 1.7× | 9.95% |
| FY2018 | 1.5× | (1.82%) |
| FY2017 | 1.6× | 1.14% |
| FY2016 | 1.5× | 14.28% |
Quarterly newest first
| Period | P/B ratio | Change |
|---|---|---|
| Sep 2026 | 1.2× | (14.29%) |
| Jun 2026 | 1.4× | (3.86%) |
| Mar 2026 | 1.5× | 13.88% |
| Dec 2025 | 1.3× | (5.69%) |
| 43 more quarters | Free account |
Against its own ten years
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| ADC Agree Realty Corporation | 1.3× |
| EPRT Essential Properties Realty Trust, Inc. compare | 1.3× |
| NNN NNN REIT, Inc. compare | 1.8× |
| KRG Kite Realty Group Trust compare | 1.9× |
| PECO Phillips Edison & Company, Inc. compare | 1.9× |
| REG Regency Centers Corporation compare | 2.0× |
| MAC Macerich Company (The) compare | 2.5× |
| BRX Brixmor Property Group Inc. compare | 3.0× |
| FRT Federal Realty Investment Trust compare | 3.1× |
| Reit Retail industry median | 1.8× |
| Real Estate sector median | 1.0× |
| Market median | 1.7× |
What P/B ratio is
Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.
Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))
More on ADC
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S 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