ADC
Agree Realty Corporation
NYSE: ADC · REAL ESTATE · REIT - RETAIL
$76.35
-0.65% today
Updated 2026-04-29
Market cap
$9.20B
P/E ratio
41.27
P/S ratio
12.26x
EPS (TTM)
$1.85
Dividend yield
4.04%
52W range
$68 – $82
Volume
1.2M
Agree Realty Corporation (ADC) Financial statements
SEC filings — annual and quarterly data.
Balance sheet — annual
| Item | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $223.46M | $223.51M | $239.35M | $262.24M | $261.79M | $285.04M | $293.94M | $370.09M | $462.74M | $593.58M | $792.55M | $1.11B | $1.49B | $2.03B | $2.66B | $3.89B | $5.23B | $6.71B | $7.77B | $8.49B |
| Cash & equivalents | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Current assets | $1.00 | $1.00 | $1.00 | $1.63M | $2.68M | $1.92M | $21.50M | $7.97M | $22.64M | $9.91M | $10.13M | $44.93M | $76.68M | $75.52M | $72.72M | $46.96M | $104.37M | $94.75M | $101.12M | $112.81M |
| Total liabilities | $86.85M | $87.22M | $101.84M | $124.26M | $121.96M | $117.91M | $131.72M | $172.13M | $170.53M | $237.54M | $338.93M | $426.42M | $583.44M | $789.70M | $972.97M | $1.36B | $1.81B | $2.08B | $2.57B | $2.98B |
| Current liabilities | $24.60M | $24.30M | $25.10M | $6.85M | $45.53M | $7.08M | $62.91M | $4.71M | $6.24M | $8.05M | $14.77M | $20.88M | $30.88M | $35.71M | $74.00M | $105.94M | $86.89M | $106.07M | $126.94M | $144.12M |
| Long-term debt | $65.24M | $66.26M | $79.81M | $97.17M | $100.53M | $67.23M | $120.35M | $162.37M | $158.75M | $209.35M | $305.01M | $389.59M | $506.16M | $702.54M | $783.30M | $1.13B | $1.53B | $1.94B | $2.41B | $2.79B |
| Shareholder equity | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings | $-9.72M | $-10.86M | $-10.65M | $-11.26M | $-10.63M | $-14.70M | $-20.92M | $-21.17M | $-23.88M | $-32.59M | $-28.26M | $-28.56M | $-28.76M | $-42.95M | $-57.09M | $-91.34M | $-147.37M | $-228.13M | $-346.47M | $-470.62M |
| Accounts receivable | $730606.00 | $732141.00 | $770365.00 | $964802.00 | $1.99M | $1.33M | $802000.00 | $2.16M | $3.26M | $4.51M | $7.42M | $11.54M | $15.48M | $21.55M | $26.81M | $37.81M | $53.44M | $65.84M | $82.95M | $106.42M |
| Inventory | — | — | — | — | $1.90M | $6.88M | $1.58M | $4.54M | $4.84M | $229000.00 | $3.66M | $6.76M | $2.42M | $0.00 | $3.75M | $48.78M | $106.37M | $95.90M | $3.64M | $0.00 |
| Goodwill | — | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |