ADC Agree Realty Corp

  1. Stocks
  2. Real Estate
  3. NYSE: ADC

Price (delayed)

$67.09

Market cap

$6.05B

P/E Ratio

36.46

Dividend/share

$2.83

EPS

$1.84

Enterprise value

$7.96B

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 35% YoY
The revenue is up by 27% year-on-year and by 6% since the previous quarter
ADC's P/E is 3.3% below its last 4 quarters average of 37.7 but 3% above its 5-year quarterly average of 35.4
ADC's debt is up by 15% year-on-year and by 4.1% since the previous quarter
Sector: Real Estate
Industry: REIT - Retail
Website: http://www.agreerealty.com
Peers: DAVE KR WMT CVS

Key stats

What are the main financial stats of ADC
Market
Shares outstanding
90.17M
Market cap
$6.05B
Enterprise value
$7.96B
Valuations
Price to earnings (P/E)
36.46
Price to book (P/B)
1.28
Price to sales (P/S)
12.28
EV/EBIT
36.4
EV/EBITDA
22.6
EV/Sales
18.52
Earnings
Revenue
$429.81M
EBIT
$218.73M
EBITDA
$352.3M
Free cash flow
-$1.25B
Per share
EPS
$1.84
Free cash flow per share
-$15.93
Book value per share
$52.26
Revenue per share
$5.46
TBVPS
$75.18
Balance sheet
Total assets
$6.71B
Total liabilities
$2.08B
Debt
$1.94B
Equity
$4.63B
Working capital
N/A
Liquidity
Debt to equity
0.42
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
5.42
Margins
EBITDA margin
82%
Gross margin
88.2%
Net margin
35.5%
Operating margin
50.7%
Efficiency
Return on assets
2.3%
Return on equity
3.4%
Return on invested capital
3%
Return on capital employed
N/A
Return on sales
50.9%
Dividend
Dividend yield
4.22%
DPS
$2.83
Payout ratio
153.9%

ADC stock price

How has the Agree Realty stock price performed over time
Intraday
3.31%
1 week
-1.86%
1 month
-6.61%
1 year
3.85%
YTD
-5.41%
QTD
-5.41%

Financial performance

How have Agree Realty's revenue and profit performed over time
Revenue
$429.81M
Gross profit
$379.15M
Operating income
$218.09M
Net income
$152.44M
Gross margin
88.2%
Net margin
35.5%
The revenue is up by 27% year-on-year and by 6% since the previous quarter
Agree Realty's gross profit has increased by 26% YoY and by 6% QoQ
Agree Realty's net income has increased by 25% YoY and by 5% from the previous quarter
ADC's operating income is up by 15% YoY and by 5% from the previous quarter

Growth

What is Agree Realty's growth rate over time

Valuation

What is Agree Realty stock price valuation
P/E
36.46
P/B
1.28
P/S
12.28
EV/EBIT
36.4
EV/EBITDA
22.6
EV/Sales
18.52
ADC's P/E is 3.3% below its last 4 quarters average of 37.7 but 3% above its 5-year quarterly average of 35.4
The EPS has grown by 2.8% year-on-year
Agree Realty's equity has increased by 35% YoY
The price to book (P/B) is 20% lower than the 5-year quarterly average of 1.6
The revenue is up by 27% year-on-year and by 6% since the previous quarter
The P/S is 16% below the 5-year quarterly average of 14.6 and 8% below the last 4 quarters average of 13.4

Efficiency

How efficient is Agree Realty business performance
The ROE has decreased by 11% YoY and by 2.9% QoQ
The company's return on assets fell by 8% YoY
The ROIC has contracted by 3.2% YoY

Dividends

What is ADC's dividend history
DPS
$2.83
Dividend yield
4.22%
Payout ratio
153.9%
Recent dividends

Financial health

How did Agree Realty financials performed over time
ADC's total assets is up by 28% YoY and by 2.4% QoQ
The total liabilities has grown by 15% YoY and by 3.8% from the previous quarter
ADC's debt is 58% smaller than its equity
Agree Realty's equity has increased by 35% YoY
ADC's debt is up by 15% year-on-year and by 4.1% since the previous quarter

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