Agree Realty Corporation

Agree Realty Corporation's next confirmed earnings release is scheduled for February 16, 2027.

As of June 30, 2026, Agree Realty Corporation has 120.10M shares outstanding.

As of June 30, 2026, Agree Realty Corporation maintains a current ratio of 0.87, meaning it holds 0.9x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 59.69, indicating elevated leverage, while an interest coverage ratio of 4.57 demonstrates adequate ability to service its debt obligations.

Over the twelve months ended June 30, 2026, Agree Realty Corporation posted a return on equity (ROE) of 3.68, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 3.84 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 2.29, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 3.84, useful for judging operating efficiency across full business cycles. The company generates approximately 7.91M in revenue per employee across its workforce of 86.25, a quick read on workforce productivity versus industry peers.

Over the twelve months ended June 30, 2026, Agree Realty Corporation recorded 1.19M in income tax expense. That works out to an effective tax rate of 0.60, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 198.60M, leaving 196.82M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Over the twelve months ended June 30, 2026, Agree Realty Corporation generated 682.40M in revenue and converted that into 196.82M in net income, yielding earnings per share of 1.69. EBITDA reached 591.01M, while operating income came in at 330.50M.

As of June 30, 2026, Agree Realty Corporation holds 10.96M in cash and equivalents against 3.41B in total debt, resulting in a net debt position of 3.33B. Total book value stands at 5.55B, with working capital of -19.90M providing operational flexibility.

Agree Realty Corporation produced 467.38M in operating cash flow over the twelve months ended June 30, 2026.

Over the twelve months ended June 30, 2026, Agree Realty Corporation posted a gross margin of 87.66, reflecting its pricing power and cost economics. The operating margin of 48.43 and net profit margin of 28.84 provide insight into operational efficiency.

Over the twelve months ended June 30, 2026, Agree Realty Corporation paid dividends of 2.80 per share. The dividend payout ratio of 166.92 exceeds 100%, meaning the company is distributing more than it earns and funding the dividend from cash reserves, asset sales, or borrowing, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth.