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
4.74%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Agree Realty Corporation (ADC) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, Agree Realty Corporation (ADC) trades at a P/E ratio of 36.0×. Over the past ten years it has ranged from 14.0× (October 2015) to 46.3× (March 2026); the current reading is higher than 51% of that period. That is above the Reit Retail industry median of 25.9× and above the Real Estate sector median of 21.6×.

P/E ratio, daily

Embed this chart

Annual newest first

Period P/E ratio Change
FY2025 40.7× 3.98%
FY2024 39.1× 5.38%
FY2023 37.1× (3.18%)
FY2022 38.4× (4.32%)
FY2021 40.1× 5.98%
FY2020 37.8× 5.67%
FY2019 35.8× 10.21%
FY2018 32.5× 32.01%
FY2017 24.6× 4.37%
FY2016 23.6× 51.21%

Quarterly newest first

Period P/E ratio Change
Jun 2026 40.7× (0.06%)
Mar 2026 40.7× 0.13%
Dec 2025 40.7× (1.47%)
Sep 2025 41.3× (4.46%)
42 more quarters

Against its own ten years

Low 14.0× High 46.3×
Ten-year median 35.8×
Current reading's percentile 47

P/E ratio against peers

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

More on ADC