AGREE REALTY CORP
Company Stats
- Market Cap
- $8.3B
- as of Sep 30, 2026
- Enterprise Value
- $11.6B
- Shares Outstanding
- 124.4M
- Free Float
- 98.3%
Income Statement
- Revenue
- $718.2M
- Operating Income
- $340.4M
- Net Income
- $204.3M
- EBITDA
- $579.7M
- Revenue Growth, 3Y
- 18.7%
Balance Sheet
- Cash & Equivalents
- $16.3M
- Total Debt
- $3.3B
- Net Debt
- $3.3B
- Net Debt / EBITDA
- 5.70x
- EV / EBITDA
- 20.04x
- Net Debt / EBIT
- 9.72x
Returns & Capital
- Dividends Paid
- $340.7M
- Dividend Yield
- 4.1%
- Dividend Payout, 3Y Avg
- 163.5%
- Share Repurchases
- $3.7M
- Buyback Yield, 3Y Avg
- 0.0%
- SBC, 3Y Avg
- $10.7M
Cash Flow by Year
| Year | Revenue | FCF | Margin |
|---|---|---|---|
| FY2025 | $718.2M | — | — |
| FY2024 | $616.8M | -$442.5M | -71.7% |
| FY2023 | $537.4M | -$808.4M | -150.4% |
| FY2022 | $429.6M | -$1.2B | -288.1% |
| FY2021 | $339.1M | -$1.1B | -337.3% |
Annual filing data through FY ended December 31, 2025; shares and float as of October 25, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.
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