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.
Profit margin
29.20%
Operating margin
48.70%
ROE
3.70%
ROA
2.39%
Debt/equity
—
Margin trends — annual
Gross margin Operating margin Profit margin
| Year | Revenue | Net income | Gross margin | Op. margin | Profit margin |
|---|---|---|---|---|---|
| 2006 | $32.91M | $13.97M | 100.00% | 60.23% | 42.46% |
| 2007 | $34.47M | $15.48M | 100.00% | 59.99% | 44.92% |
| 2008 | $35.65M | $15.02M | 92.77% | 60.19% | 42.12% |
| 2009 | $34.40M | $17.99M | 88.69% | 59.86% | 52.31% |
| 2010 | $27.42M | $15.07M | 88.62% | 32.11% | 54.94% |
| 2011 | $30.26M | $9.55M | 88.54% | 50.66% | 31.56% |
| 2012 | $34.62M | $18.05M | 90.39% | 55.95% | 52.13% |
| 2013 | $43.52M | $19.68M | 91.60% | 58.41% | 45.21% |
| 2014 | $53.56M | $18.49M | 90.82% | 52.08% | 34.52% |
| 2015 | $69.97M | $39.02M | 90.88% | 57.33% | 55.77% |
| 2016 | $91.53M | $45.12M | 90.61% | 56.44% | 49.29% |
| 2017 | $111.52M | $58.11M | 88.82% | 56.46% | 52.11% |
| 2018 | $137.12M | $58.17M | 87.59% | 53.24% | 42.42% |
| 2019 | $187.48M | $80.08M | 87.46% | 61.02% | 42.71% |
| 2020 | $248.57M | $91.38M | 87.23% | 53.56% | 36.76% |
| 2021 | $339.32M | $122.27M | 87.90% | 56.07% | 36.03% |
| 2022 | $429.81M | $152.44M | 87.84% | 50.74% | 35.47% |
| 2023 | $537.50M | $169.96M | 87.59% | 47.33% | 31.62% |
| 2024 | $617.10M | $189.20M | 87.87% | 48.98% | 30.66% |
| 2025 | $718.40M | $204.35M | 87.73% | 47.38% | 28.45% |