Agree Realty (ADC) reported $718M in revenue for fiscal 2025, +16.4% year on year. That ranks #1996 by revenue among 2853 SEC filers and #90 in Real estate. Net income was $204M, a net margin of 28.4%. Revenue has grown 25.4% a year on average since 2011 ($30.3M then). The fiscal 2025 balance sheet shows $9.8B in total assets, $16.3M in cash and $1.7B in long-term debt.
Key figures
| Key figures | FY2025 | YoY | Source |
|---|---|---|---|
| RevenueRevenues | $718M | +16.4% | FY20252025-12-31 |
| Gross profit | Not reported | — | |
| Operating incomeOperatingIncomeLoss | $340M | +12.6% | FY20252025-12-31 |
| Net incomeNetIncomeLoss | $204M | +8.0% | FY20252025-12-31 |
| Operating cash flowNetCashProvidedByUsedInOperatingActivities | $504M | +16.7% | FY20252025-12-31 |
| Capital expenditurePaymentsToAcquirePropertyPlantAndEquipment | $875M | −27.1% | FY20242024-12-31 |
| Total assetsAssets | $9.8B | +15.5% | FY20252025-12-31 |
| Shareholders' equityStockholdersEquity | $6.3B | +13.8% | FY20252025-12-31 |
| CashCashAndCashEquivalentsAtCarryingValue | $16.3M | +154.6% | FY20252025-12-31 |
| Long-term debtLongTermDebt | $1.7B | +38.2% | FY20212021-12-31 |
Revenue is total net sales for the fiscal year, taken from each company's own annual filing.
Reported since the last full year
Three-month figures this company has filed since FY2025. A quarter is not comparable with a full year, and these figures are used nowhere else on the site: not in any ranking, not in comparisons, not in the download.
| Quarter | Revenue | Net income | Source |
|---|---|---|---|
| Q1 20262026-03-31 | $201M | $62.1M | Open → |
| Q2 20262026-06-30 | $205M | $54.7M | Open → |
Only periods that end on a calendar quarter appear here. A company whose fiscal year ends in June files on a different calendar, so it has no row.
Profile
- Legal name
- Agree Realty Corp
- Ticker
- ADC
- Exchange
- NYSE
- SIC classification
- Real Estate Investment Trusts (6798)
- Fiscal year end
- 12-31
- CIK
- 0000917251
Filings
- 10-QJul 30, 2026Open filing →
- 10-QApr 21, 2026Open filing →
- 10-KFeb 10, 2026Open filing →
Similar in size, same sector
| Company | Revenue | Net income |
|---|---|---|
| First Industrial Realty TrustFR | $727M | $247M |
| Phillips EdisonPECO | $727M | $111M |
| Eastgroup PropertiesEGP | $721M | $257M |
| Agree RealtyADC | $718M | $204M |
| Epr PropertiesEPR | $718M | $275M |
| Braemar Hotels & ResortsBHR | $704M | −$22.3M |
| Independence Realty TrustIRT | $658M | $56.6M |
Cite this page
Ready-made references for the figures on this page, as published on September 25, 2026.
Wikipedia
{{cite web |title=Agree Realty — Key figures |url=https://companiesranked.com/en/company/agree-realty |website=CompaniesRanked |date=2026-09-25 |language=en}}APA 7
CompaniesRanked. (September 25, 2026). Agree Realty — Key figures. CompaniesRanked. https://companiesranked.com/en/company/agree-realtyBibTeX
@misc{companiesranked-en-company-agree-realty-2026,
author = {{CompaniesRanked}},
title = {{Agree Realty — Key figures}},
year = {2026},
howpublished = {\url{https://companiesranked.com/en/company/agree-realty}},
note = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
urldate = {2026-09-25}
}The filing itself
The numbers above are read from this document: 10-K · 0000917251-26-000013 · February 10, 2026
{{cite web |title=Agree Realty — Key figures — 10-K (0000917251-26-000013) |url=https://www.sec.gov/Archives/edgar/data/917251/000091725126000013/adc-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-10}}The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.