Agree Realty (ADC) Financials

$72.63

$0.13 (0.18%)

As on 02-Sep-2026 16:06EDT

Market cap

$9,286 Mln

Revenue (TTM)

$780 Mln

P/E Ratio

40

P/B Ratio

1.5

Div. Yield

4.2 %

Annual
Quarterly

Income Statement ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Operating Revenue	779.62	718.40	617.10	537.50	429.81	339.32
Cost of Revenue	235.02	88.15	74.85	66.72	52.28	41.06
Gross Profit	544.60	630.25	542.25	470.78	377.53	298.26
Operating Expenses	167.67	289.86	240.00	216.39	159.45	107.99
Operating Profit (EBIT)	376.93	340.40	302.24	254.39	218.09	190.27
Other Income	--	--	--	--	1.25	--
Profit before Tax	262.71	206.72	194.14	173.46	155.90	125.28
Provision for Tax	0.36	1.74	4.31	2.91	2.86	2.40
Profit after Tax (Net Income)	225.04	204.35	189.20	169.96	152.44	122.27
Minority Interest	-0.67	-0.64	-0.64	-0.56	-0.60	0.60
Consolidated Profit	104.21	196.47	181.28	162.12	144.62	120.13

Liabilities ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Shareholder's Funds	6,520.14	6,270.99	5,510.05	5,199.21	4,630.39	3,417.69
Minority Interest	-0.67	--	--	--	1.39	1.63
Non-Current Liabilities	3,072.09	3,354.92	2,831.67	2,447.75	1,976.73	1,720.70
Current Liabilities	994.61	171.54	144.12	126.94	106.07	86.89
Total Liabilities	11,581.44	9,797.61	8,486.45	7,774.84	6,713.19	5,226.91

Assets ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Non-Current Assets	1,079.43	9,654.51	8,373.63	7,673.72	6,618.44	5,122.54
Current Assets	143.73	143.10	112.82	101.12	94.75	104.37
Total Assets	10,753.29	9,797.61	8,486.45	7,774.84	6,713.19	5,226.91
Total Debt*	3,916.38	3,354.92	2,831.67	2,447.75	3,786.16	1,880.70
Net Current Assets	-22.73	-28.44	-31.30	-25.82	-11.32	-142.52

Cashflow ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Cash From Operating Activities	--	504.14	431.97	391.60	362.12	246.32
Cash Flow from Investing Activities	--	-1,543.13	-885.41	-1,275.00	-1,615.98	-1,386.62
Cash from Financing Activities	--	1,053.22	445.31	869.01	1,237.51	1,177.60
Net Cash Inflow / Outflow	--	--	--	--	-16.34	37.30

Financials Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Adjusted EPS ($)	1.93	1.78	1.81	1.69	1.72	1.73
Cash EPS ($)	--	4.17	4.10	3.70	3.60	3.43
Adjusted Book Value ($)	--	54.53	52.63	51.79	52.14	48.40
Dividend per Share ($)	--	--	--	--	--	--
Cash Flow per Share ($)	--	4.38	4.13	3.90	4.08	3.49
Free Cash Flow per Share ($)	--	4.38	4.13	3.90	4.08	3.49

Profitability Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
ROCE (%)	--	2.27	2.37	2.12	2.22	2.68
ROE (%)	3.51	3.47	3.53	3.46	3.79	4.12
ROA (%)	2.22	2.24	2.33	2.35	2.55	2.68
EBIT Margin (%)	44.62	47.51	49.11	47.36	51.03	51.77
Net Margin (%)	28.87	28.45	30.66	31.62	35.36	36.03
Cash Profit Margin (%)	--	--	--	--	--	--

Growth Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Revenue Growth (%)	18.17	0.16	0.15	0.25	0.27	0.37
EBIT Growth (%)	11.88	12.64	19.04	16.07	24.86	31.92
Net Profit Growth (%)	21.14	8.01	11.32	11.49	24.67	33.81
EPS Growth (%)	9.21	-0.02	0.07	-0.01	-0.01	0.06
Book Value Growth (%)	2.93	--	--	--	--	--

Valuation Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Price / Earnings	40.03	40.54	38.99	37.19	41.33	41.21
Price / Book Value	1.46	1.32	1.34	1.22	1.36	1.47
Dividend Yield (%)	4.22	--	--	--	--	--
EV/EBITDA	19.67	18.83	18.78	18.88	26.04	23.25
Close Price ($)	75.74	72.03	70.45	62.95	70.93	71.36
High Price ($)	82.08	79.65	78.39	75.71	80.44	75.95
Low Price ($)	69.56	67.58	54.28	52.69	61.62	61.27
Market Cap ($ Cr)	9,285.92	--	--	--	--	--

Solvency Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Debt to Equity	0.59	0.53	0.51	0.47	0.82	0.55
Short term debt to equity ratio	0.15	0.47	0.01	0.00	0.40	0.05
Current Ratio	0.14	0.83	0.78	0.80	0.89	1.20
Quick Ratio	0.14	--	0.78	0.77	-0.01	-0.02
Interest Coverage	2.79	2.54	2.78	3.14	3.46	3.49

Operating Efficiency Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Debtors to sales (%)	16.83	17.05	17.24	15.43	15.32	15.75
Asset Turnover	0.08	0.08	0.08	0.07	0.07	0.07
Receivable days	--	58.19	56.04	50.56	50.68	49.11
Inventory Days	--	--	8.89	272.47	706.53	690.04
Payable days	--	529.68	531.11	506.74	536.99	628.88
Cash Conversion Cycle	--	-471.49	-466.18	-183.72	220.22	110.27

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.