ADC Agree Realty Corp

Price (delayed)

$64.16

Market cap

$6.46B

P/E Ratio

37.74

Dividend/share

$2.96

EPS

$1.7

Enterprise value

$8.96B

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
The revenue is up by 22% year-on-year and by 4.2% since the previous quarter
Agree Realty's gross profit has increased by 22% YoY and by 4.4% QoQ
ADC's debt is up by 23% year-on-year and by 4.3% since the previous quarter
ADC's P/E is 8% above its last 4 quarters average of 35.0 and 2.3% above its 5-year quarterly average of 36.9

Key stats

What are the main financial stats of ADC
Market
Shares outstanding
100.63M
Market cap
$6.46B
Enterprise value
$8.96B
Valuations
Price to book (P/B)
1.25
Price to sales (P/S)
11.48
EV/EBIT
33.91
EV/EBITDA
19.98
EV/Sales
15.98
Earnings
Revenue
$560.33M
EBIT
$264.05M
EBITDA
$448.15M
Free cash flow
-$668.57M
Per share
EPS
$1.7
Free cash flow per share
-$6.67
Book value per share
$51.52
Revenue per share
$5.59
TBVPS
$70.08
Balance sheet
Total assets
$7.87B
Total liabilities
$2.69B
Debt
$2.51B
Equity
$5.18B
Working capital
N/A
Liquidity
Debt to equity
0.49
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
5.58
Margins
EBITDA margin
80%
Gross margin
88.1%
Net margin
30.9%
Operating margin
47.2%
Efficiency
Return on assets
2.2%
Return on equity
3.2%
Return on invested capital
2.9%
Return on capital employed
N/A
Return on sales
47.1%
Dividend
Dividend yield
4.62%
DPS
$2.96
Payout ratio
174.2%

ADC stock price

How has the Agree Realty stock price performed over time
Intraday
0.63%
1 week
2.75%
1 month
6.54%
1 year
-2.09%
YTD
1.92%
QTD
3.58%

Financial performance

How have Agree Realty's revenue and profit performed over time
Revenue
$560.33M
Gross profit
$493.42M
Operating income
$264.38M
Net income
$173.2M
Gross margin
88.1%
Net margin
30.9%
The revenue is up by 22% year-on-year and by 4.2% since the previous quarter
Agree Realty's gross profit has increased by 22% YoY and by 4.4% QoQ
ADC's operating income is up by 16% YoY and by 3.9% from the previous quarter
ADC's net margin is down by 10% year-on-year and by 2.2% since the previous quarter

Growth

What is Agree Realty's growth rate over time

Valuation

What is Agree Realty stock price valuation
P/E
37.74
P/B
1.25
P/S
11.48
EV/EBIT
33.91
EV/EBITDA
19.98
EV/Sales
15.98
ADC's P/E is 8% above its last 4 quarters average of 35.0 and 2.3% above its 5-year quarterly average of 36.9
The EPS has declined by 6% year-on-year
The price to book (P/B) is 14% higher than the last 4 quarters average of 1.1 but 11% lower than the 5-year quarterly average of 1.4
Agree Realty's equity has increased by 8% YoY
The revenue is up by 22% year-on-year and by 4.2% since the previous quarter
The P/S is 17% below the 5-year quarterly average of 13.8 but 3.4% above the last 4 quarters average of 11.1

Efficiency

How efficient is Agree Realty business performance
The ROE has decreased by 6% YoY
The return on sales has declined by 6% year-on-year
The company's return on assets fell by 4.3% YoY
The ROIC has contracted by 3.3% YoY

Dividends

What is ADC's dividend history
DPS
$2.96
Dividend yield
4.62%
Payout ratio
174.2%
Recent dividends

Financial health

How did Agree Realty financials performed over time
ADC's total assets is 193% higher than its total liabilities
The total liabilities has grown by 23% YoY and by 4.4% from the previous quarter
ADC's total assets is up by 13% YoY
ADC's debt is 51% smaller than its equity
ADC's debt is up by 23% year-on-year and by 4.3% since the previous quarter
The debt to equity is up by 17% year-on-year and by 7% since the previous quarter

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