Stocktoria
AGREE REALTY CORP ADC
NYSE · XNYS · reit · Real Estate Investment Trusts · website · IPO 1994-04-15
AGREE REALTY CORP statistics & valuation
Market cap as of 2026-06-30. Multiples are price-derived and refreshed daily; everything else is from filings.
P / E vs its own history
AGREE REALTY CORP trades at about 43.2× earnings — above its 10-year norm (10-year range 23.1×–40.8×, median 37.1×).
23.1×
40.8×
Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.
Key ratios (by fiscal year)
| Ratio | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | 47.4% | 49.0% | 47.3% | 50.7% | 56.1% | 53.6% | 61.0% | 53.2% | 56.5% | 56.4% |
| Net margin | 28.4% | 30.7% | 31.6% | 35.5% | 36.0% | 36.8% | 42.7% | 42.4% | 52.1% | 49.3% |
| FCF margin | — | -71.7% | -150.4% | -288.0% | -337.0% | -469.5% | -307.3% | -375.6% | — | — |
| Return on assets | 2.1% | 2.2% | 2.2% | 2.3% | 2.3% | 2.4% | 3.0% | 2.9% | 3.9% | 4.0% |
| Return on equity | 3.3% | 3.4% | 3.3% | 3.3% | 3.6% | 3.6% | 4.7% | 4.7% | 6.4% | 6.6% |
| Debt / equity | — | — | — | — | 0.50× | 0.48× | — | 0.58× | 0.57× | 0.59× |
Source: SEC EDGAR filings · CIK 0000917251 · as of 2025-12-31. Facts from filings plus Stocktoria's own computed scores — not investment advice.