Agree Realty Corporation
NYSE:ADC
72.62 (USD) • At close September 8, 2025
Overview | Financials
Numbers are in millions (except for per share data and ratios) USD.
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Revenue
| 617.095 | 537.495 | 429.814 | 339.323 | 248.568 |
| Cost of Revenue
| 74.849 | 66.717 | 52.281 | 41.061 | 31.752 |
| Gross Profit
| 542.246 | 470.778 | 377.533 | 298.262 | 216.816 |
| Gross Profit Ratio
| 0.879 | 0.876 | 0.878 | 0.879 | 0.872 |
| Reseach & Development Expenses
| 0 | 0 | 0 | 0 | 0 |
| General & Administrative Expenses
| 37.233 | 34.788 | 30.121 | 25.456 | 20.793 |
| Selling & Marketing Expenses
| 0 | 0 | 0 | 0 | 0 |
| SG&A
| 37.233 | 34.788 | 30.121 | 25.456 | 20.793 |
| Other Expenses
| 202.77 | 181.603 | 129.327 | 82.537 | 62.891 |
| Operating Expenses
| 240.003 | 216.391 | 159.448 | 107.993 | 83.684 |
| Operating Income
| 302.243 | 254.387 | 218.085 | 190.269 | 133.132 |
| Operating Income Ratio
| 0.49 | 0.473 | 0.507 | 0.561 | 0.536 |
| Total Other Income Expenses Net
| -108.105 | -80.93 | -62.19 | -64.992 | -40.074 |
| Income Before Tax
| 194.138 | 173.457 | 155.895 | 125.277 | 93.058 |
| Income Before Tax Ratio
| 0.315 | 0.323 | 0.363 | 0.369 | 0.374 |
| Income Tax Expense
| 4.306 | 2.91 | 2.86 | 2.401 | 1.086 |
| Net Income
| 189.197 | 169.959 | 152.437 | 122.273 | 91.381 |
| Net Income Ratio
| 0.307 | 0.316 | 0.355 | 0.36 | 0.368 |
| EPS
| 1.79 | 1.7 | 1.84 | 1.79 | 1.76 |
| EPS Diluted
| 1.78 | 1.7 | 1.83 | 1.78 | 1.74 |
| EBITDA
| 543.265 | 463.949 | 386.237 | 295.668 | 215.798 |
| EBITDA Ratio
| 0.88 | 0.863 | 0.899 | 0.871 | 0.868 |