Also trades as: ADC (NYSE) · $vol 98M
ADC-PA NYSE
Agree Realty Corporation
1W: +2.4%
1M: +4.5%
3M: -5.4%
YTD: -5.8%
1Y: -8.6%
3Y: +14.0%
5Y: -17.1%
$16.13
+0.07 (+0.44%)
Pre-Market: $16.42 (+0.29, +1.80%)
Weekly Expected Move ±2.3%
$15
$16
$16
$16
$17
Credit Risk of going bust: not rated, financial company (lending is its business) Bonds: none of note held by US funds details ▾
Not rated: lending and leverage are a financial company's business, which the model misreads.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.
Overview
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Smart Money
Financials
Income Statement
Cash Flow
Balance Sheet
Earnings
Dividends
Analysis
Technicals
Weather
Peers
ESG
Institutions
ETF Exposure
Dark Pool
Short Interest
Income Trends
Revenue
$718M
+16.4% ▲
5Y CAGR: +23.6%
Gross Profit
$630M
+16.2% ▲
5Y CAGR: +23.8%
Operating Income
$340M
+12.6% ▲
5Y CAGR: +20.7%
Net Income
$204M
+8.0% ▲
5Y CAGR: +17.5%
EPS (Diluted)
$1.77
-0.6% ▼
5Y CAGR: +0.3%
EBITDA
$617M
+13.6% ▲
5Y CAGR: +23.4%
Profit Margins
Year-over-Year Growth
View Full Income Statement
| Line Item | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue | $339M | $430M | $537M | $617M | $718M |
| YoY Growth | +36.5% | +26.7% | +25.1% | +14.8% | +16.4% |
| Cost of Revenue | $41M | $52M | $67M | $75M | $88M |
| Gross Profit | $298M | $378M | $471M | $542M | $630M |
| Gross Margin | 87.9% | 87.8% | 87.6% | 87.9% | 87.7% |
| R&D Expenses | $0 | $0 | $0 | $0 | $0 |
| SG&A Expenses | $25M | $30M | $35M | $37M | $44M |
| Operating Expenses | $108M | $159M | $216M | $240M | $290M |
| Operating Income | $190M | $218M | $254M | $302M | $340M |
| Operating Margin | 56.1% | 50.7% | 47.3% | 49.0% | 47.4% |
| Interest Expense | $50M | $63M | $81M | $109M | $135M |
| Income Before Tax | $125M | $156M | $173M | $194M | $207M |
| Tax Expense | $2M | $3M | $3M | $4M | $2M |
| Net Income | $122M | $152M | $170M | $189M | $204M |
| Net Margin | 36.0% | 35.5% | 31.6% | 30.7% | 28.4% |
| EPS (Diluted) | $1.78 | $1.83 | $1.70 | $1.78 | $1.77 |
| EBITDA | $296M | $386M | $464M | $543M | $617M |
| Shares Outstanding | 67M | 79M | 95M | 102M | 111M |