ADC Agree Realty Corp

Price (delayed)

$71.22

Market cap

$4.91B

P/E Ratio

43.43

Dividend/share

$2.93

EPS

$1.64

Enterprise value

$6.25B

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 equity has increased by 43% YoY and by 11% from the previous quarter
Agree Realty's gross profit has increased by 38% YoY and by 9% QoQ
Agree Realty's net income has increased by 9% YoY but it has decreased by 2.9% from the previous quarter
ADC's debt has surged by 96% year-on-year and by 12% since the previous quarter
ADC's P/E is 40% above its 5-year quarterly average of 31.1 and 14% above its last 4 quarters average of 38.3

Key stats

What are the main financial stats of ADC
Market
Shares outstanding
68.92M
Market cap
$4.91B
Enterprise value
$6.25B
Valuations
Price to earnings (P/E)
43.43
Price to book (P/B)
1.47
Price to sales (P/S)
15.62
EV/EBIT
42.92
EV/EBITDA
27.49
EV/Sales
21.13
Earnings
Revenue
$295.6M
EBIT
$145.56M
EBITDA
$227.26M
Free cash flow
-$1.37B
Per share
EPS
$1.64
Free cash flow per share
-$21.15
Book value per share
$48.61
Revenue per share
$4.56
TBVPS
$64.21
Balance sheet
Total assets
$4.76B
Total liabilities
$1.64B
Debt
$1.53B
Equity
$3.12B
Working capital
N/A
Liquidity
Debt to equity
0.49
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
5.89
Margins
EBITDA margin
76.9%
Gross margin
88.1%
Net margin
32.9%
Operating margin
50.6%
Efficiency
Return on assets
2.4%
Return on equity
3.6%
Return on invested capital
3%
Return on capital employed
N/A
Return on sales
49.2%
Dividend
Dividend yield
4.11%
DPS
$2.93
Payout ratio
178.4%

ADC stock price

How has the Agree Realty stock price performed over time
Intraday
-0.54%
1 week
1.47%
1 month
-4.26%
1 year
7.03%
YTD
6.97%
QTD
1.04%

Financial performance

How have Agree Realty's revenue and profit performed over time
Revenue
$295.6M
Gross profit
$260.28M
Operating income
$149.52M
Net income
$97.35M
Gross margin
88.1%
Net margin
32.9%
Agree Realty's gross profit has increased by 38% YoY and by 9% QoQ
The revenue is up by 38% year-on-year and by 9% since the previous quarter
ADC's operating income is up by 31% YoY and by 10% from the previous quarter
ADC's net margin is down by 22% year-on-year and by 11% since the previous quarter

Growth

What is Agree Realty's growth rate over time

Valuation

What is Agree Realty stock price valuation
P/E
43.43
P/B
1.47
P/S
15.62
EV/EBIT
42.92
EV/EBITDA
27.49
EV/Sales
21.13
ADC's P/E is 40% above its 5-year quarterly average of 31.1 and 14% above its last 4 quarters average of 38.3
The EPS has declined by 16% year-on-year and by 7% since the previous quarter
Agree Realty's equity has increased by 43% YoY and by 11% from the previous quarter
The price to book (P/B) is 14% lower than the 5-year quarterly average of 1.7 and 2% lower than the last 4 quarters average of 1.5
The revenue is up by 38% year-on-year and by 9% since the previous quarter
The P/S is 10% above the 5-year quarterly average of 14.3 and 4.7% above the last 4 quarters average of 15.0

Efficiency

How efficient is Agree Realty business performance
The ROE has decreased by 28% YoY and by 12% QoQ
The company's return on assets fell by 25% YoY and by 11% QoQ
The ROIC has contracted by 21% YoY and by 9% from the previous quarter
The return on sales has declined by 17% year-on-year and by 8% since the previous quarter

Dividends

What is ADC's dividend history
DPS
$2.93
Dividend yield
4.11%
Payout ratio
178.4%
Recent dividends

Financial health

How did Agree Realty financials performed over time
ADC's total assets is 190% higher than its total liabilities
The total liabilities has soared by 78% YoY and by 11% from the previous quarter
ADC's total assets has soared by 53% YoY and by 11% QoQ
ADC's debt is 51% smaller than its equity
ADC's debt has surged by 96% year-on-year and by 12% since the previous quarter
Agree Realty's equity has increased by 43% YoY and by 11% from the previous quarter

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.