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Price (delayed)
$76.65
Market cap
$7.71B
P/E Ratio
42.35
Dividend/share
$2.98
EPS
$1.81
Enterprise value
$10.36B
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
Agree Realty's gross profit has increased by 21% YoY and by 4.3% QoQ
The revenue is up by 21% year-on-year and by 4% since the previous quarter
ADC's debt is up by 24% year-on-year and by 6% since the previous quarter
ADC's P/E is 21% above its last 4 quarters average of 34.3 and 13% above its 5-year quarterly average of 36.6
Key stats
What are the main financial stats of ADC
Market
Valuations
Earnings
Shares outstanding
100.62M
Market cap
$7.71B
Enterprise value
$10.36B
Price to earnings (P/E)
42.35
Price to book (P/B)
1.49
Price to sales (P/S)
13.19
EV/EBIT
36.38
EV/EBITDA
21.74
EV/Sales
17.77
Revenue
$583.01M
EBIT
$284.67M
EBITDA
$476.47M
Free cash flow
-$492.77M
Per share
Balance sheet
Liquidity
EPS
$1.81
Free cash flow per share
-$4.91
Book value per share
$51.3
Revenue per share
$5.81
TBVPS
$71.38
Total assets
$8B
Total liabilities
$2.84B
Debt
$2.67B
Equity
$5.16B
Working capital
N/A
Debt to equity
0.52
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
5.55
Margins
Efficiency
Dividend
EBITDA margin
81.7%
Gross margin
88.3%
Net margin
32.1%
Operating margin
48.8%
Return on assets
2.3%
Return on equity
3.5%
Return on invested capital
3%
Return on capital employed
N/A
Return on sales
48.8%
Dividend yield
3.89%
DPS
$2.98
Payout ratio
164.8%
ADC stock price
How has the Agree Realty stock price performed over time
Intraday
2.05%
1 week
-0.05%
1 month
2.24%
1 year
41.92%
YTD
21.76%
QTD
1.75%
Financial performance
How have Agree Realty's revenue and profit performed over time
Revenue
$583.01M
Gross profit
$514.58M
Operating income
$284.72M
Net income
$187.06M
Gross margin
88.3%
Net margin
32.1%
Agree Realty's gross profit has increased by 21% YoY and by 4.3% QoQ
The revenue is up by 21% year-on-year and by 4% since the previous quarter
ADC's operating income is up by 20% YoY and by 8% from the previous quarter
Agree Realty's net income has increased by 15% YoY and by 8% from the previous quarter
Growth
What is Agree Realty's growth rate over time
Valuation
What is Agree Realty stock price valuation
P/E
42.35
P/B
1.49
P/S
13.19
EV/EBIT
36.38
EV/EBITDA
21.74
EV/Sales
17.77
ADC's P/E is 21% above its last 4 quarters average of 34.3 and 13% above its 5-year quarterly average of 36.6
The EPS has grown by 6% since the previous quarter and by 2.3% year-on-year
The price to book (P/B) is 33% higher than the last 4 quarters average of 1.1 and 4.3% higher than the 5-year quarterly average of 1.4
Agree Realty's equity has increased by 3.7% YoY
The P/S is 22% above the last 4 quarters average of 10.6 but 4.2% below the 5-year quarterly average of 13.5
The revenue is up by 21% year-on-year and by 4% since the previous quarter
Efficiency
How efficient is Agree Realty business performance
The ROE has increased by 9% QoQ and by 6% YoY
The company's return on assets rose by 4.5% QoQ
The return on sales has grown by 3.6% since the previous quarter
The ROIC has grown by 3.4% from the previous quarter
Dividends
What is ADC's dividend history
DPS
$2.98
Dividend yield
3.89%
Payout ratio
164.8%
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 182% higher than its total liabilities
The total liabilities has grown by 24% YoY and by 6% from the previous quarter
ADC's total assets is up by 10% YoY
ADC's debt is 48% smaller than its equity
ADC's debt is up by 24% year-on-year and by 6% since the previous quarter
The debt to equity is up by 21% year-on-year and by 6% since the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.