Agree Realty Corporation
ADC | NYSE
$68.12
+$0.05 (+0.07%)
Sep 21, 2026, 9:37 AM ET · Market open
Market Data
Market Cap $8.17B
Enterprise Value $12.08B
Beta 0.46
Average Volume 1.25M
Shares Outstanding (Diluted) 120.49M
Shares Change YoY 12.03%
Institutional Ownership N/A
Exchange NYSE
ISIN US0084921008
Price Performance
Price Change 1M -8.9%
Price Change 3M -7.3%
Price Change 6M -10.1%
Price Change YTD -5.6%
Price Change 1Y -4.9%
Price Change 3Y 19.5%
Price Change 5Y 0.6%
1M CAGR (ann.) -10.5%
1Y CAGR (ann.) -1.4%
5Y CAGR (ann.) 3.8%
All-Time CAGR 9.4%
Valuation
PE Ratio 36.59
Forward PE 37.42
PEG Ratio 3.89
Forward PEG 10.33
PS Ratio 10.48
Forward PS 8.90
PB Ratio 1.25
P/FCF Ratio 15.31
P/Adj. FCF Ratio 15.72
P/OCF Ratio 15.29
EV/Sales 15.49
EV/EBIT 34.78
EV/EBITDA 19.23
EV/FCF 22.62
Earnings Yield 2.7%
FCF Yield 6.5%
Adj. FCF Yield 6.4%
Financial Health
Net Debt $3.81B
Total Debt $3.92B
Cash & Short-Term Investments $12.52M
Total Assets $10.59B
Current Ratio 0.14
Quick Ratio 0.14
Debt / Equity Ratio 0.60
Debt / EBITDA 6.23
Debt / FCF 7.33
OCF / Debt 0.14
Interest Coverage 2.57
Altman Z-Score 1.20
Piotroski F-Score 6
Margins & Profitability
Gross Profit Margin 69.8%
Operating Profit Margin 48.4%
EBITDA Margin 80.6%
Net Profit Margin 28.9%
FCF Margin 68.5%
Adj. FCF Margin 66.7%
SBC / Revenue 1.8%
SBC Impact (per share) -2.6%
Returns
Return on Assets 2.1%
Return on Equity 3.6%
Return on Invested Capital 30.8%
Return on Capital Employed 3.9%
Return on Tangible Assets 2.4%
Historical Growth (CAGR)
Revenue CAGR 3Y 17.3%
Revenue CAGR 5Y 21.4%
Revenue CAGR 10Y 25.7%
EPS CAGR 3Y 1.3%
EPS CAGR 5Y 2.7%
EPS CAGR 10Y -1.0%
FCF CAGR 3Y 10.5%
FCF CAGR 5Y 22.6%
FCF CAGR 10Y 26.7%
Analyst Forecasts
Analyst Rating Buy
Analyst Count 32
EPS Growth Next 3Y 7.3%
Revenue Growth Next 3Y 10.9%
Earnings Date Oct 19, 2026
EPS Estimate (next Q) $0.48
EPS Growth Est (next Q) 5.9%
Revenue Est (next Q) $211.49M
Revenue Growth Est (next Q) 15.4%
Fair Value Estimates
Graham Number $47.69
Graham Upside -29.9%
Lynch Fair Value $9.30
Lynch Upside -86.3%
Price Target $81.86
Price Target Upside 20.3%
Cash Flow
Operating Cash Flow $533.96M
Free Cash Flow $533.96M
Adj. Free Cash Flow $520.05M
FCF Per Share $4.45
OCF Per Share $4.45
OCF/S Ratio 68.5%
Income Statement
Revenue $779.62M
Gross Profit $544.6M
Operating Income $376.93M
EBITDA $628.17M
Net Income $225.04M
EPS (Diluted) $1.86
Revenue / Employee $8.66M
Profit / Employee $2.5M
Employees 90
Dividends
Annual Dividend $3.16
Dividend Yield 4.64%
Payout Ratio 170.1%
FCF Payout Ratio 69.8%
Adj. FCF Payout Ratio 71.7%
Dividend Growth (YoY) 3.8%
Pay Frequency Monthly
Ex-Dividend Date Sep 29, 2026
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