ADC Agree Realty Corp
Price (delayed)
$78.72
Market cap
$8.44B
P/E Ratio
43.98
Dividend/share
$3.02
EPS
$1.79
Enterprise value
$11.22B
Agree Realty Corporation is a publicly traded real estate investment trust primarily engaged in the acquisition and development of properties net leased to industry-leading retail tenants. As of December 31,
Highlights
The revenue is up by 15% year-on-year and by 2.8% since the previous quarter
Agree Realty's gross profit has increased by 15% YoY and by 2.7% QoQ
ADC's P/E is 19% above its last 4 quarters average of 37.1 and 18% above its 5-year quarterly average of 37.2
ADC's debt is up by 16% year-on-year and by 4.1% since the previous quarter
Key stats
What are the main financial stats of ADC
Market
Valuations
Earnings
Shares outstanding
107.25M
Market cap
$8.44B
Enterprise value
$11.22B
Price to earnings (P/E)
43.98
Price to book (P/B)
1.48
Price to sales (P/S)
12.9
EV/EBIT
37.11
EV/EBITDA
22.03
EV/Sales
18.18
Revenue
$617.1M
Gross profit
$543.86M
Operating income
$302.24M
Net income
$189.2M
EBIT
$302.41M
EBITDA
$509.39M
Free cash flow
-$451.03M
Per share
Balance sheet
Liquidity
EPS
$1.79
EPS diluted
$1.78
Free cash flow per share
-$4.46
Book value per share
$53.23
Revenue per share
$6.1
TBVPS
$75.39
Total assets
$8.49B
Total liabilities
$2.98B
Debt
$2.79B
Equity
$5.51B
Working capital
N/A
Debt to equity
0.51
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
5.46
Margins
Efficiency
Dividend
EBITDA margin
82.5%
Gross margin
88.1%
Net margin
30.7%
Operating margin
49%
Return on assets
2.2%
Return on equity
3.4%
Return on invested capital
3%
Return on capital employed
N/A
Return on sales
49%
Dividend yield
3.83%
DPS
$3.02
Payout ratio
168.6%
ADC stock price
How has the Agree Realty stock price performed over time
Intraday
-0.42%
1 week
2.78%
1 month
4.31%
1 year
39.18%
YTD
11.74%
QTD
1.98%
Financial performance
How have Agree Realty's revenue and profit performed over time
Revenue
$617.1M
Gross profit
$543.86M
Operating income
$302.24M
Net income
$189.2M
Gross margin
88.1%
Net margin
30.7%
ADC's operating income is up by 19% YoY and by 2.1% from the previous quarter
The revenue is up by 15% year-on-year and by 2.8% since the previous quarter
Agree Realty's gross profit has increased by 15% YoY and by 2.7% QoQ
Agree Realty's net income has increased by 11% YoY
Growth
What is Agree Realty's growth rate over time
Valuation
What is Agree Realty stock price valuation
P/E
43.98
P/B
1.48
P/S
12.9
EV/EBIT
37.11
EV/EBITDA
22.03
EV/Sales
18.18
ADC's P/E is 19% above its last 4 quarters average of 37.1 and 18% above its 5-year quarterly average of 37.2
The EPS has grown by 5% year-on-year
The price to book (P/B) is 14% higher than the 5-year quarterly average of 1.3 and 14% higher than the last 4 quarters average of 1.3
Agree Realty's equity has increased by 6% YoY and by 4.1% from the previous quarter
The revenue is up by 15% year-on-year and by 2.8% since the previous quarter
The P/S is 14% above the last 4 quarters average of 11.3 but 2.3% below the 5-year quarterly average of 13.2
Efficiency
How efficient is Agree Realty business performance
The ROE has increased by 6% YoY but it has decreased by 2.9% QoQ
The company's return on assets fell by 4.3% QoQ
The return on sales has grown by 3.6% year-on-year
The ROIC has grown by 3.4% YoY but it has contracted by 3.2% from the previous quarter
Dividends
What is ADC's dividend history
DPS
$3.02
Dividend yield
3.83%
Payout ratio
168.6%
Recent dividends
Special dividends are included in TTM DPS and yield
Financial health
How did Agree Realty financials performed over time
ADC's total assets is 185% higher than its total liabilities
The total liabilities has grown by 16% YoY and by 3% from the previous quarter
ADC's total assets is up by 9% YoY and by 3.7% QoQ
ADC's debt is 49% smaller than its equity
ADC's debt is up by 16% year-on-year and by 4.1% since the previous quarter
The debt to equity is up by 11% year-on-year
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.