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Also trades as: ADC-PA (NYSE) · $vol 0M

ADC NYSE

Agree Realty Corporation
1W: -0.1% 1M: -0.1% 3M: -16.4% YTD: -6.5% 1Y: -9.8% 3Y: +34.7% 5Y: +15.8%
$67.00
-0.39 (-0.58%)
 
Weekly Expected Move ±3.8%
$62 $64 $67 $69 $72
NYSE · Real Estate · REIT - Retail · Tech Score Neutral · Power 59 · $8.3B mcap · 122M float · 1.21% daily turnover · Short 56% of daily vol
Credit Risk of going bust: not rated, financial company (lending is its business) Bonds: $57.9M held by 113 funds, 74 bp over Treasuries → details ▾
Not rated: lending and leverage are a financial company's business, which the model misreads.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.

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 ItemFY2021FY2022FY2023FY2024FY2025
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 Margin87.9%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 Margin56.1%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 Margin36.0%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 Outstanding67M79M95M102M111M

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms