AGREE REALTY CORP financial data

Symbol
ADC, ADC-PA on NYSE
Location
Royal Oak, MI
Fiscal year end
31 December
Latest financial report
10-K - Q4 2025 - 10 Feb 2026

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 59% % 8.7%
Return On Equity 3.5% % -2.6%
Return On Assets 2.2% % -5.4%
Operating Margin 47% % -3.3%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 120,028,299 shares 12%
Common Stock, Shares, Outstanding 120,028,406 shares 12%
Entity Public Float $5,088,774,755 USD -17%
Common Stock, Value, Issued $12,000 USD 20%
Weighted Average Number of Shares Outstanding, Basic 110,723,375 shares 9.5%
Weighted Average Number of Shares Outstanding, Diluted 111,200,645 shares 9.2%

Income Statement

Label TTM Value / Value Unit Change %
Revenues $718,398,000 USD 16%
General and Administrative Expense $44,062,000 USD 18%
Costs and Expenses $383,389,000 USD 17%
Operating Income (Loss) $340,395,000 USD 13%
Income Tax Expense (Benefit) $1,735,000 USD -60%
Net Income (Loss) Attributable to Parent $204,349,000 USD 8%
Earnings Per Share, Basic 1.77 USD/shares -1.1%
Earnings Per Share, Diluted 1.77 USD/shares -0.56%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $16,295,000 USD 155%
Operating Lease, Right-of-Use Asset $46,500,000 USD -2.1%
Assets $9,797,612,000 USD 15%
Liabilities $3,526,459,000 USD 19%
Accumulated Other Comprehensive Income (Loss), Net of Tax $35,506,000 USD -11%
Stockholders' Equity Attributable to Parent $6,270,985,000 USD 14%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest $6,271,153,000 USD 14%
Liabilities and Equity $9,797,612,000 USD 15%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $126,657,000 USD 28%
Net Cash Provided by (Used in) Financing Activities $258,968,000 USD 991%
Net Cash Provided by (Used in) Investing Activities $380,855,000 USD -212%
Common Stock, Shares Authorized 360,000,000 shares 100%
Common Stock, Shares, Issued 120,028,406 shares 12%
Common Stock, Par or Stated Value Per Share 0.0001 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $20,622,000 USD 222%
Interest Paid, Excluding Capitalized Interest, Operating Activities $12,274,000 USD 4.4%
Operating Lease, Liability $20,106,000 USD 13%
Payments to Acquire Property, Plant, and Equipment $874,500,000 USD -27%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $199,779,000 USD -6.1%
Lessee, Operating Lease, Liability, to be Paid $36,599,000 USD 5.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two $1,919,000 USD 41%
Lessee, Operating Lease, Liability, to be Paid, Year One $1,854,000 USD 36%
Operating Lease, Weighted Average Discount Rate, Percent 0.046 pure 2.2%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $16,493,000 USD -1.7%
Lessee, Operating Lease, Liability, to be Paid, Year Three $1,896,000 USD 56%
Preferred Stock, Shares Authorized 4,000,000 shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four $1,886,000 USD 59%
Operating Lease, Payments $1,790,000 USD 49%
Additional Paid in Capital $6,679,142,000 USD 16%
Interest Expense $87,572,000 USD 30%
Preferred Stock, Par or Stated Value Per Share 0.0001 USD/shares 0%