ADC Agree Realty Corp

Price (delayed)

$54.95

Market cap

$5.52B

P/E Ratio

32.32

Dividend/share

$2.93

EPS

$1.7

Enterprise value

$7.92B

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 25% YoY and by 5% QoQ
The revenue is up by 25% year-on-year and by 5% since the previous quarter
ADC's debt is up by 24% year-on-year and by 8% since the previous quarter
The EPS has declined by 8% year-on-year

Key stats

What are the main financial stats of ADC
Market
Shares outstanding
100.52M
Market cap
$5.52B
Enterprise value
$7.92B
Valuations
Price to book (P/B)
1.06
Price to sales (P/S)
9.73
EV/EBIT
31.18
EV/EBITDA
18.41
EV/Sales
14.73
Earnings
Revenue
$537.5M
EBIT
$253.99M
EBITDA
$430.27M
Free cash flow
-$882.95M
Per share
EPS
$1.7
Free cash flow per share
-$9.28
Book value per share
$51.72
Revenue per share
$5.65
TBVPS
$72.7
Balance sheet
Total assets
$7.77B
Total liabilities
$2.57B
Debt
$2.41B
Equity
$5.2B
Working capital
N/A
Liquidity
Debt to equity
0.46
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
5.57
Margins
EBITDA margin
80.1%
Gross margin
87.9%
Net margin
31.6%
Operating margin
47.3%
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
47.3%
Dividend
Dividend yield
5.34%
DPS
$2.93
Payout ratio
172.5%

ADC stock price

How has the Agree Realty stock price performed over time
Intraday
-0.65%
1 week
-3.66%
1 month
-9.17%
1 year
-22.37%
YTD
-12.71%
QTD
-12.71%

Financial performance

How have Agree Realty's revenue and profit performed over time
Revenue
$537.5M
Gross profit
$472.44M
Operating income
$254.39M
Net income
$169.96M
Gross margin
87.9%
Net margin
31.6%
Agree Realty's gross profit has increased by 25% YoY and by 5% QoQ
The revenue is up by 25% year-on-year and by 5% since the previous quarter
ADC's operating income is up by 17% YoY and by 4.8% from the previous quarter
ADC's net margin is down by 11% 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
32.32
P/B
1.06
P/S
9.73
EV/EBIT
31.18
EV/EBITDA
18.41
EV/Sales
14.73
ADC's P/E is 12% below its 5-year quarterly average of 37.1 and 10% below its last 4 quarters average of 36.1
The EPS has declined by 8% year-on-year
The price to book (P/B) is 29% lower than the 5-year quarterly average of 1.5 and 11% lower than the last 4 quarters average of 1.2
Agree Realty's equity has increased by 12% YoY
The P/S is 31% below the 5-year quarterly average of 14.3 and 18% below the last 4 quarters average of 11.9
The revenue is up by 25% year-on-year and by 5% since the previous quarter

Efficiency

How efficient is Agree Realty business performance
The return on sales has declined by 7% year-on-year
The ROE has decreased by 6% YoY
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
$2.93
Dividend yield
5.34%
Payout ratio
172.5%
Recent dividends

Financial health

How did Agree Realty financials performed over time
The total liabilities has grown by 24% YoY and by 7% from the previous quarter
ADC's total assets is up by 16% YoY
ADC's debt is 54% smaller than its equity
ADC's debt is up by 24% year-on-year and by 8% since the previous quarter
Agree Realty's equity has increased by 12% YoY

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