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.
Cash flow — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $20.30M | $21.64M | $21.93M | $23.58M | $26.11M | $25.50M | $21.21M | $29.59M | $35.10M | $44.68M | $61.73M | $82.20M | $93.25M | $126.71M | $142.96M | $246.31M | $362.12M | $391.60M | $431.97M | $504.14M |
| Capital expenditures | $9.31M | $19.76M | $21.42M | $8.75M | $38.82M | $37.11M | $84.52M | $90.54M | $159.80M | $66000.00 | $325.79M | $362.87M | $632.61M | $732.57M | $1.35B | $1.44B | $1.66B | $1.29B | $977.33M | $1.58B |
| Depreciation | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Stock-based comp | — | — | $1.13M | $1.18M | $1.17M | $1.36M | $1.66M | $1.81M | $1.99M | $1.99M | $2.26M | $2.39M | $2.95M | $3.98M | $4.70M | $4.80M | $6.46M | $8.34M | $10.80M | $12.99M |
| Free cash flow | $10.99M | $1.88M | $511411.00 | $14.83M | $-12.71M | $-11.62M | $-63.31M | $-60.95M | $-124.70M | $44.61M | $-264.05M | $-280.67M | $-539.36M | $-605.87M | $-1.20B | $-1.20B | $-1.30B | $-896.79M | $-545.36M | $-1.08B |
| Investing cash flow | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Dividends paid | $16.41M | $16.50M | $16.92M | $17.13M | $19.05M | $17.40M | $17.66M | $20.86M | $25.40M | $32.99M | $42.06M | $55.15M | $67.64M | $90.26M | $116.11M | $195.82M | $227.74M | $285.11M | $311.04M | $348.09M |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Debt repayment | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net change in cash | — | — | — | — | — | $1.41M | $-732636.00 | $13.27M | $-9.14M | $-2.69M | $30.68M | $17.41M | $-4.81M | $-11.82M | $-34.20M | $37.30M | $-16.34M | — | — | — |