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

Agree Realty Corporation (ADC) P/E ratio

Alert me on P/E ratio

As of 5 November 2026, Agree Realty Corporation (ADC) trades at a P/E ratio of 36.3×. Over the past ten years it has ranged from 14.0× (October 2015) to 46.3× (March 2026); the current reading is higher than 54% of that period. That is above the Reit Retail industry median of 24.1× and above the Real Estate sector median of 23.6×.

P/E ratio, daily

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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
Sep 2026 34.4× (15.43%)
Jun 2026 40.7× (0.06%)
Mar 2026 40.7× 0.13%
Dec 2025 40.7× (1.47%)
43 more quarters

Against its own ten years

Low 14.0× High 46.3×
Ten-year median 35.8×
Current reading's percentile 50

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 →

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