Agree Realty Corporation (adc)
ADC — Company Overview
Agree Realty Corporation (ADC) is a mid-cap company in the Real Estate sector, operating in REIT - Retail.
| Ticker | ADC |
| Sector | Real Estate |
| Industry | REIT - Retail |
| Exchange | NYQ |
| Market cap | $8.37B |
| Last price | $67.12 |
| Size category | Mid Cap |
ADC — Business Description
Agree Realty Corporation (ADC) operates in REIT - Retail within the broader Real Estate market. Agree Realty Corporation is a publicly traded real estate investment trust. The Firm is Rethinking Retail through the acquisition and development of properties net leased to industry-leading, omni-channel retail tenants. As of June 30, 2026, the Company owned and operated a portfolio of 2,825 properties, located in all 50 states and containing approximately 59.6 million square feet of gross leasable area. Agree Realty Corporation was incorporated in 1971 and is based in Royal Oak, United States.
Official website: https://www.agreerealty.com.
ADC — Investment Thesis
The investment thesis for Agree Realty Corporation (ADC) rests on how Real Estate dynamics, profitability, and valuation interact at today's price.
- Revenue is expanding at roughly 16.8% year-over-year (public data).
- Trailing P/E of 36.28× implies elevated growth expectations at the current price.
- Dividend yield near 4.8% adds an income component to total return.
- Equity market capitalization is approximately $8.37B.
See the free estimates and earnings pages for public targets and growth metrics. Ownership, live news, and deeper models remain in Vest Terminal.
ADC — Financial Health
Financial health for Agree Realty Corporation (ADC) is summarized from publicly reported profitability, leverage, and cash-flow metrics.
Profit margin of 28.8% indicates solid bottom-line conversion. Positive free cash flow of $447.78M supports balance-sheet flexibility.
| Trailing P/E | 36.28× |
| Forward P/E | 34.72× |
| Price / Sales | 10.74× |
| Price / Book | 1.31× |
| Gross margin | 87.7% |
| Operating margin | 48.1% |
| Profit margin | 28.8% |
| Return on equity | 3.7% |
| Debt / Equity | 58.98 |
| Free cash flow | $447.78M |
ADC — Growth Outlook
Growth outlook for Agree Realty Corporation (ADC) depends on demand trends in REIT - Retail and the company's ability to convert revenue into sustainable earnings.
- Revenue growth of 16.8% indicates strong top-line momentum.
- Earnings growth of 2.1% year-over-year supports improving profitability.
- Price is 18.2% below the 52-week high.
- Shares trade 0.9% above the 52-week low — limited rebound so far.
ADC — Competitive Position
Agree Realty Corporation (ADC) is evaluated against peers on scale, margin structure, and capital efficiency within Real Estate.
- Competes within Real Estate, specifically in REIT - Retail.
- Market capitalization of $8.37B places ADC among mid-cap peers.
- Gross margin near 87.7% may reflect pricing power or favorable mix.
ADC — Strengths
Strengths for Agree Realty Corporation (ADC) inferred from public financial metrics:
- Revenue growth of 16.8% year-over-year.
- Earnings growth of 2.1% year-over-year.
- Gross margin of 87.7% supports competitive unit economics.
- Positive free cash flow ($447.78M).
- Dividend yield of 4.8% for income-oriented holders.
- Moderate leverage (debt/equity 58.98).
ADC — Weaknesses
Weaknesses and pressure points for Agree Realty Corporation (ADC) based on available data:
- Elevated trailing P/E (36.28×) limits valuation margin of safety.
ADC — Opportunities
- Sustained revenue growth (16.8%) could support multiple expansion if margins hold.
- Trading 0.9% above the 52-week low — potential recovery if fundamentals stabilize.
- Dividend yield of 4.8% appeals to total-return investors.
- Positive free cash flow enables reinvestment, debt reduction, or shareholder returns.
ADC — Risks
- Standard market, regulatory, competitive, and execution risks apply to all public equities.
ADC — Summary
Agree Realty Corporation (ADC) is a mid-cap Real Estate company focused on REIT - Retail, listed on NYQ. Last price $67.12 with market cap $8.37B. Trailing P/E 36.28×. Revenue grew 16.8% year-over-year per public data. Notable strengths include revenue growth of 16.8% year-over-year. Key watch items include elevated trailing p/e (36.28×) limits valuation margin of safety. Public estimates and earnings snapshots for Agree Realty Corporation are on this site; ownership, live news, and deeper models remain in Vest Terminal.
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Agree Realty Corporation FAQ
What does Agree Realty Corporation (ADC) do?
Agree Realty Corporation is a publicly traded real estate investment trust. The Firm is Rethinking Retail through the acquisition and development of properties net leased to industry-leading, omni-channel retail tenants. As of June 30, 2026, the Company owned and operated a port…
What is ADC's P/E ratio?
Agree Realty Corporation has a trailing P/E of 36.28× based on publicly available market data.
Does ADC pay a dividend?
Indicated dividend yield: 4.8%. Confirm ex-dates and payout history in Vest Terminal.
What sector is ADC in?
Agree Realty Corporation is classified in Real Estate (REIT - Retail) on NYQ.
What is ADC's market capitalization?
Approximate market cap: $8.37B.
What are the main risks for ADC?
Key risks include elevated valuation, among factors on this page.
What are the strengths of ADC?
Potential positives include revenue growth of 16.8% year-over-year, earnings growth of 2.1% year-over-year.
Where can I get analyst estimates for ADC?
Public analyst price targets and consensus for Agree Realty Corporation are on the free /stocks/adc/estimates page. Deeper estimate history and models are available in Vest Terminal.