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ADC AGREE REALTY CORP

Trailing twelve months to 2026-06-30 · as filed 2026-07-30, not restated
Real Estate

Scale

Market cap
$9.1bn
Revenue TTM
$780m
Net income TTM
$225m
Free cash flow
Composite score
44.2
Sector rank
#757

Valuation

P / E
40.7
EV / EBITDA
EV / sales
11.7
FCF yield
Earnings yield vs 10-yr
-2.27pp

Earnings yield vs 10-yr compares what the business earns per pound invested against the 4.73% a 10-year US Treasury note pays for no equity risk. Negative means you are paying up front for growth not yet delivered.

Quality and growth

Net margin
28.8%
EBITDA margin
ROE
3.5%
ROIC
5.7%
Revenue growth
18.2%

Insider activity, last 90 days

Net open-market
$0.36m
Buyers
1
Sellers
0

Open-market purchases and sales only. Grants, option exercises, gifts and shares withheld for tax are excluded: they are how people are paid, not what they think.

What management said

Cash held in escrow primarily relates to proposed like-kind exchange transactions pursued under Section 1031 of the Internal Revenue Code of 1986, as amended (the “Internal Revenue Code”) or cash that is not immediately available to the Company due to other contractual agreements. Recognizing rent escalations on a straight-line method results in rental revenue in the early years of a lease being higher than actual cash received, creating a straight-line rent receivable asset which is included in the accounts receivable – tenants, net line item in the condensed consolidated balance sheets. …AGREE REALTY CORP, 10-Q, period ended 2026-06-30, filed 2026-07-30

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