Agree Realty Corporation | Mid-cap | Real Estate
$71.97
-0.12%
| Agree Realty Stock Comparison:
Agree Realty vs Simon PropertyAgree Realty vs Realty IncomeAgree Realty vs Federal RealtyAgree Realty vs NNN REITAgree Realty vs Brixmor PropertyAgree Realty vs S&P 500 | Market
Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 617.1M
Gross Profit 542.2M 87.87%
Operating Income 298.0M 48.29%
Net Income 189.8M 30.76%
EPS (Diluted) $1.78

Balance Sheet Metrics

Total Assets 8.5B
Total Liabilities 3.0B
Shareholders Equity 5.5B
Debt to Equity 0.54

Cash Flow Metrics

Operating Cash Flow 417.6M
Free Cash Flow 432.0M

Revenue & Profitability Trend

Agree Realty Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue617.1M537.5M429.8M339.3M248.6M
Cost of Goods Sold74.8M66.7M52.3M41.1M31.8M
Gross Profit542.2M470.8M377.5M298.3M216.8M
Operating Expenses37.2M34.8M30.1M25.5M20.8M
Operating Income298.0M259.7M213.8M177.1M129.3M
Pre-tax Income194.1M173.5M155.9M125.3M93.1M
Income Tax4.3M2.9M2.9M2.4M1.1M
Net Income189.8M170.5M153.0M122.9M92.0M
EPS (Diluted)$1.78$1.70$1.83$1.78$1.74

Income Statement Trend

Agree Realty Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets112.8M101.1M94.8M104.4M47.0M
Non-Current Assets8.4B7.7B6.6B5.1B3.8B
Total Assets8.5B7.8B6.7B5.2B3.9B
Liabilities
Current Liabilities144.1M126.9M106.1M86.9M105.9M
Non-Current Liabilities2.8B2.4B2.0B1.7B1.3B
Total Liabilities3.0B2.6B2.1B1.8B1.4B
Equity
Total Shareholders Equity5.5B5.2B4.6B3.4B2.5B

Balance Sheet Composition

Agree Realty Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income189.8M170.5M153.0M122.9M92.0M
Operating Cash Flow417.6M375.9M338.0M242.6M168.0M
Investing Activities
Capital Expenditures-----
Investing Cash Flow91.9M13.4M44.4M55.5M46.5M
Financing Activities
Dividends Paid-311.0M-285.1M-227.7M-195.8M-116.1M
Financing Cash Flow445.3M-235.0M142.5M651.6M382.7M
Free Cash Flow432.0M391.6M362.1M246.3M143.0M

Cash Flow Trend

Agree Realty Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 42.16
Forward P/E 41.01
Price to Book 1.50
Price to Sales 12.93
PEG Ratio 41.01

Profitability Ratios

Profit Margin 30.05%
Operating Margin 48.63%
Return on Equity 3.55%
Return on Assets 2.30%

Financial Health

Current Ratio 1.17
Debt to Equity 52.67
Beta 0.56

Per Share Data

EPS (TTM) $1.77
Book Value per Share $49.81
Revenue per Share $6.20

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
adc8.2B42.161.503.55%30.05%52.67
Simon Property 60.4B25.5020.3867.31%34.25%773.47
Realty Income 52.7B53.061.352.51%18.10%69.96
Federal Realty 8.4B27.702.749.45%24.70%133.51
NNN REIT 8.2B20.291.879.35%45.09%103.10
Brixmor Property 8.0B24.932.7111.01%24.58%174.37

Financial data is updated regularly. All figures are in the company's reporting currency.