ADC Agree Realty Corp

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

Price (delayed)

$68.73

Market cap

$6.92B

P/E Ratio

37.97

Dividend/share

$2.96

EPS

$1.81

Enterprise value

$9.56B

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 21% year-on-year and by 4% since the previous quarter
Agree Realty's gross profit has increased by 21% YoY and by 4.3% QoQ
ADC's debt is up by 24% year-on-year and by 6% since the previous quarter
ADC's P/E is 9% above its last 4 quarters average of 34.3
Sector: Real Estate
Industry: REIT - Retail
Website: http://www.agreerealty.com
Peers: DAVE CVS WMT KR

Key stats

What are the main financial stats of ADC
Market
Shares outstanding
100.62M
Market cap
$6.92B
Enterprise value
$9.56B
Valuations
Price to earnings (P/E)
37.97
Price to book (P/B)
1.34
Price to sales (P/S)
11.83
EV/EBIT
33.58
EV/EBITDA
20.07
EV/Sales
16.4
Earnings
Revenue
$583.01M
EBIT
$284.67M
EBITDA
$476.47M
Free cash flow
-$492.77M
Per share
EPS
$1.81
Free cash flow per share
-$4.91
Book value per share
$51.3
Revenue per share
$5.81
TBVPS
$71.38
Balance sheet
Total assets
$8B
Total liabilities
$2.84B
Debt
$2.67B
Equity
$5.16B
Working capital
N/A
Liquidity
Debt to equity
0.52
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
5.55
Margins
EBITDA margin
81.7%
Gross margin
88.3%
Net margin
32.1%
Operating margin
48.8%
Efficiency
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
Dividend yield
4.31%
DPS
$2.96
Payout ratio
163.6%

ADC stock price

How has the Agree Realty stock price performed over time
Intraday
1.22%
1 week
3.07%
1 month
12.52%
1 year
-0.49%
YTD
9.18%
QTD
10.96%

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%
The revenue is up by 21% year-on-year and by 4% since the previous quarter
Agree Realty's gross profit has increased by 21% YoY and by 4.3% QoQ
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
ADC P/E details
P/E
37.97
P/B
1.34
P/S
11.83
EV/EBIT
33.58
EV/EBITDA
20.07
EV/Sales
16.4
ADC's P/E is 9% above its last 4 quarters average of 34.3
The EPS has grown by 6% since the previous quarter and by 2.3% year-on-year
The price to book (P/B) is 20% higher than the last 4 quarters average of 1.1 but 6% lower than the 5-year quarterly average of 1.4
Agree Realty's equity has increased by 3.7% YoY
The revenue is up by 21% year-on-year and by 4% since the previous quarter
The P/S is 15% below the 5-year quarterly average of 13.7 but 10% above the last 4 quarters average of 10.6

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
$2.96
Dividend yield
4.31%
Payout ratio
163.6%
Recent dividends

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.