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Companies/Agree Realty Corporation
Company profile

Agree Realty Corporation

NYSE: ADC · Real Estate · REIT - Retail
PublicHQ Royal Oak, MI · OaklandCIK 0000917251Reports USD
#69 of 255 Real Estate companies by revenue74th-percentile growth
EA Score
75B+
FH 67DQ 88GM 75SS 72
v0.1 · 65/100 weight · provisional
↑ filing timeliness, market scale · ↓ workforce scale, return on equity
Methodology →
Revenue TTM
$750.0M
Rev growth YoY (TTM)
+17.8%
Net income (FY)
$204.3M
Employees
75
Market cap
$9.3B
OverviewFinancialsSegmentsFilingsESGPeople & Places

Financials — latest annual

SEC EDGAR · USD-normalized
ConceptUSDNativeFY
Revenue$718.2M$718.2M2025
Net income$204.3M$204.3M2025
Operating income$340.4M$340.4M2025
Total assets$9.8B$9.8B2025
Liabilities$3.5B$3.5B2025
Equity$6.3B$6.3B2025

Revenue trend

FY2019 – FY2025 · USD
$48.1M
FY19
$187.3M
FY19
$248.3M
FY20
$339.1M
FY21
$429.6M
FY22
$537.4M
FY23
$616.8M
FY24
$718.2M
FY25

Revenue by segment

No segmentation disclosed for this filer. n/a

The read

Agree Realty Corporation booked $718.2M in FY2025 revenue, growing 16% year over year — faster than most Real Estate companies we track, at a 28.5% net margin.

Peers · Real Estate
CubeSmart61CAlexandria Real Estate Equities, Inc.48DBrixmor Property Group Inc.64CNNN REIT, Inc.74B
Neighbors
Oakland →
Sun Communities, Inc.$2.3B73BBorgWarner Inc.$14.3B67BPenske Automotive Group, Inc.$31.8B72BLineage, Inc.$5.4B38DCredit Acceptance Corporation$2.3B83B+Lear Corporation$23.3B64C
Key facts
CEOJoel N. Agree
SectorReal Estate
IndustryREIT - Retail
HeadquartersRoyal Oak, MI
ExchangeNYSE: ADC
Employees75
IPO date1994-04-15
Latest filings
8-K2026-07-028-K2026-05-148-K2026-04-2410-Q2026-04-218-K2026-04-218-K2026-04-02DEF 14A2026-04-028-K2026-02-26
Financials: SEC EDGAR (XBRL), USD-normalized per IAS 21 · TTM/quarterly + segments: FMP from filed disclosures · Filings: EDGAR submissions. County headcount and EA Score are in progress — see docs/DATA_GAPS.md.
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