Agree Realty Corporation

ADC

$72.73

+0.14%

N/A+$0.10

Real Estate

REIT - Retail

NYSE

Active Trading

Agree Realty Corporation functions as a publicly traded Real Estate Investment Trust (REIT), concentrating its efforts on the acquisition and development of ...

Financial Highlights of ADC

Profitability trend

Latest / TTM · 6 periods

Gross Margin

69.9%

Net Margin

28.9%

P/E Ratio

39.10x

n/a

Debt / Equity

0.60

n/a

Current Ratio

0.14

Dividend Yield

4.3%

Understanding

TTM —

Current ratio below 1.0

Financial highlights

Latest / TTM · 6 periods

Snapshot

Latest / TTM: 2026-09-04

Gross Margin

69.9%

Net Margin

28.9%

P/E Ratio

39.10x

Debt / Equity

0.60

Profitability

Profitability table

Metric	2021	2022	2023	2024	2025	2026
Gross MarginGross profit as a percentage of revenue.	87.9%	87.8%	87.6%	87.9%	87.7%	—
Operating MarginOperating income as a percentage of revenue.	56.1%	50.7%	47.3%	49.0%	47.4%	—
Net MarginNet income as a percentage of revenue.	36.0%	35.5%	31.6%	30.7%	28.4%	—
EBITDA MarginEBITDA divided by revenue.	87.1%	89.9%	86.3%	88.0%	85.9%	—
Pre-tax MarginPre-tax profit as a percentage of revenue.	36.9%	36.3%	32.3%	31.5%	28.8%	—

Liquidity & leverage

Liquidity & leverage table

Metric	2021	2022	2023	2024	2025	2026
Current RatioCurrent assets divided by current liabilities.	1.20	0.89	0.80	0.78	0.83	—
Quick RatioLiquid assets divided by current liabilities.	1.20	0.89	0.80	0.78	0.83	—
Cash RatioCash and equivalents divided by current liabilities.	0.50	0.26	0.09	0.04	0.09	—
Debt / AssetsDebt as a share of total assets.	36.0%	29.4%	31.5%	33.4%	34.2%	—
Debt / EquityDebt compared with shareholder equity.	0.55	0.43	0.47	0.51	0.53	—

Operating efficiency

Operating efficiency table

Metric	2021	2022	2023	2024	2025	2026
Receivables TurnoverHow often receivables are collected in a year.	6.35x	6.53x	6.48x	5.80x	5.87x	—
Inventory TurnoverHow often inventory is sold in a year.	0.00x	0.00x	0.00x	0.00x	0.00x	—
Payables TurnoverHow often payables are paid in a year.	0.59x	0.62x	0.66x	0.64x	0.63x	—
Asset TurnoverRevenue generated per dollar of assets.	0.06x	0.06x	0.07x	0.07x	0.07x	—
Working Capital TurnoverRevenue generated per dollar of working capital.	-16.36x	139.44x	-28.95x	-21.61x	-24.05x	—

Valuation ratios

Valuation ratios table

Metric	2021	2022	2023	2024	2025	2026
P/E RatioPrice paid for each dollar of earnings.	39.87x	38.55x	37.03x	39.36x	40.69x	—
P/B RatioPrice paid for each dollar of book value.	1.39x	1.21x	1.15x	1.29x	1.27x	—
P/S RatioPrice paid for each dollar of sales.	14.05x	12.98x	11.15x	11.54x	11.10x	—
P/FCF RatioPrice paid for each dollar of free cash flow.	19.35x	15.41x	15.30x	16.49x	15.82x	—
Dividend YieldAnnual dividend divided by current share price.	4.1%	4.1%	4.8%	4.4%	4.4%	—

About UsPrivacy PolicyTerms of ServiceDisclaimerStock DirectoryETFsIndices13F HoldingsAnalyst TargetsFree ToolsTechnology MapJoin our Slack

Plutux is not an investment adviser. Market data and AI-generated analysis are for information and education only, not investment advice. Disclaimer