ADC Agree Realty Corp

Price (delayed)

$74.12

Market cap

$5.57B

P/E Ratio

41.64

Dividend/share

$2.7

EPS

$1.78

Enterprise value

$7.39B

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 33% year-on-year and by 6% since the previous quarter
Agree Realty's gross profit has increased by 33% YoY and by 6% QoQ
ADC's debt is up by 35% year-on-year and by 9% since the previous quarter
ADC's P/E is 23% above its 5-year quarterly average of 33.2 and 3.4% above its last 4 quarters average of 39.4

Key stats

What are the main financial stats of ADC
Market
Shares outstanding
75.17M
Market cap
$5.57B
Enterprise value
$7.39B
Valuations
Price to earnings (P/E)
41.64
Price to book (P/B)
1.44
Price to sales (P/S)
14.67
EV/EBIT
40.4
EV/EBITDA
25.87
EV/Sales
20.55
Earnings
Revenue
$359.84M
EBIT
$183.04M
EBITDA
$285.84M
Free cash flow
-$1.18B
Per share
EPS
$1.78
Free cash flow per share
-$16.51
Book value per share
$51.54
Revenue per share
$5.05
TBVPS
$69.1
Balance sheet
Total assets
$5.64B
Total liabilities
$1.96B
Debt
$1.85B
Equity
$3.67B
Working capital
N/A
Liquidity
Debt to equity
0.5
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
6.37
Margins
EBITDA margin
79.4%
Gross margin
88.2%
Net margin
35.6%
Operating margin
53.3%
Efficiency
Return on assets
2.4%
Return on equity
3.7%
Return on invested capital
3%
Return on capital employed
N/A
Return on sales
50.9%
Dividend
Dividend yield
3.64%
DPS
$2.7
Payout ratio
151.6%

ADC stock price

How has the Agree Realty stock price performed over time
Intraday
2.21%
1 week
7.73%
1 month
5.39%
1 year
5.7%
YTD
3.87%
QTD
11.69%

Financial performance

How have Agree Realty's revenue and profit performed over time
Revenue
$359.84M
Gross profit
$317.48M
Operating income
$191.62M
Net income
$128.27M
Gross margin
88.2%
Net margin
35.6%
ADC's operating income is up by 37% YoY
The revenue is up by 33% year-on-year and by 6% since the previous quarter
Agree Realty's gross profit has increased by 33% YoY and by 6% QoQ
Agree Realty's net income has increased by 28% YoY and by 4.9% from the previous quarter

Growth

What is Agree Realty's growth rate over time

Valuation

What is Agree Realty stock price valuation
P/E
41.64
P/B
1.44
P/S
14.67
EV/EBIT
40.4
EV/EBITDA
25.87
EV/Sales
20.55
ADC's P/E is 23% above its 5-year quarterly average of 33.2 and 3.4% above its last 4 quarters average of 39.4
Agree Realty's equity has increased by 31% YoY and by 8% from the previous quarter
The price to book (P/B) is 12% lower than the 5-year quarterly average of 1.6
The revenue is up by 33% year-on-year and by 6% since the previous quarter

Efficiency

How efficient is Agree Realty business performance
The company's return on assets fell by 11% YoY and by 4% QoQ
The ROE has decreased by 10% YoY and by 2.6% QoQ
The ROIC has contracted by 9% YoY and by 3.2% from the previous quarter
The return on sales has declined by 4.5% year-on-year

Dividends

What is ADC's dividend history
DPS
$2.7
Dividend yield
3.64%
Payout ratio
151.6%
Recent dividends

Financial health

How did Agree Realty financials performed over time
ADC's total assets is 187% higher than its total liabilities
The total liabilities has grown by 33% YoY and by 9% from the previous quarter
ADC's total assets is up by 32% YoY and by 8% QoQ
ADC's debt is 50% smaller than its equity
ADC's debt is up by 35% year-on-year and by 9% since the previous quarter
Agree Realty's equity has increased by 31% YoY and by 8% from the previous quarter

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