Agree Realty Financials

ADC Stock  USD 72.44  0.29  0.40%   
Based on the key measurements obtained from Agree Realty's financial statements, Agree Realty is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in February. At present, Agree Realty's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Property Plant And Equipment Net is expected to grow to about 8.2 B, whereas Short and Long Term Debt Total is forecasted to decline to about 2.1 B. Key indicators impacting Agree Realty's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.30.28
Notably Up
Very volatile
Return On Assets0.0460.0251
Way Up
Very volatile
Return On Equity0.03570.0376
Notably Down
Slightly volatile
Debt Equity Ratio0.510.53
Sufficiently Down
Slightly volatile
Operating Income307.2 M292.5 M
Sufficiently Up
Slightly volatile
Current Ratio0.591.02
Way Down
Pretty Stable
Investors should never underestimate Agree Realty's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Agree Realty's cash flow, debt, and profitability to make informed and accurate decisions about investing in Agree Realty.

Cash And Equivalents

26.39 Million

  
Understanding current and past Agree Realty Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Agree Realty's financial statements are interrelated, with each one affecting the others. For example, an increase in Agree Realty's assets may result in an increase in income on the income statement.
Please note, the presentation of Agree Realty's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Agree Realty's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Agree Realty's management manipulating its earnings.

Agree Realty Stock Summary

Agree Realty competes with Federal Realty, Regency Centers, Netstreit Corp, Kimco Realty, and Saul Centers. Agree Realty Corporation is a publicly traded real estate investment trust primarily engaged in the acquisition and development of properties net leased to industry-leading retail tenants. The Companys common stock is listed on the New York Stock Exchange under the symbol ADC. Agree Realty operates under REITRetail classification in the United States and is traded on New York Stock Exchange. It employs 57 people.
Specialization
Real Estate, Equity Real Estate Investment Trusts (REITs)
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS0084921008
CUSIP008492100
LocationMichigan; U.S.A
Business Address32301 Woodward Avenue,
SectorRetail REITs
IndustryReal Estate
BenchmarkDow Jones Industrial
Websitewww.agreerealty.com
Phone248 737 4190
CurrencyUSD - US Dollar

Agree Realty Key Financial Ratios

Agree Realty Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets3.9B5.2B6.7B7.8B8.9B9.4B
Net Debt1.2B1.6B1.9B2.4B2.8B2.9B
Retained Earnings(91.3M)(147.4M)(228.1M)(346.5M)(311.8M)(296.2M)
Other Assets357.2M3.8B5.1B5.8B6.7B7.0B
Total Liab1.4B1.8B2.1B2.6B3.0B3.1B
Total Current Assets47.0M104.4M94.8M101.1M116.3M122.1M
Other Current Liab816.1M1.5B(1.8B)37.3M33.6M35.3M
Accounts Payable71.4M70.0M83.7M52.0M59.8M62.8M
Cash6.1M43.3M27.8M10.9M12.5M11.2M
Net Receivables37.8M53.4M65.8M83.0M95.4M100.2M
Common Stock6K7K9K10K11.5K12.1K
Short Term Debt998K850K1.8B6.6M5.9M5.6M
Other Liab21.8M29.5M33.1M49.2M56.6M59.4M
Long Term Debt1.1B1.5B1.9B2.4B2.8B2.9B
Other Current Assets3.0M7.7M(94.8M)7.3M6.5M6.9M
Inventory3.8M48.8M106.4M95.9M110.3M115.8M
Intangible Assets473.6M672.0M799.4M854.1M982.2M1.0B
Net Tangible Assets1.3B2.1B3.2B3.7B4.2B4.4B
Long Term Debt Total783.3M1.1B1.5B1.9B2.2B2.3B
Capital Surpluse1.8B2.7B3.4B4.7B5.4B5.6B

Agree Realty Key Income Statement Accounts

202020212022202320242025 (projected)
Interest Expense44.7M66.4M63.4M81.1M93.3M98.0M
Total Revenue248.6M363.6M463.2M537.5M618.1M649.0M
Gross Profit216.8M298.3M377.5M470.8M541.4M568.5M
Operating Income125.1M190.3M218.1M254.4M292.5M307.2M
Ebit68.7M133.4M173.5M254.6M292.8M307.4M
Ebitda192.2M295.7M386.2M463.9M533.5M560.2M
Net Income91.4M122.3M152.4M170.0M195.5M205.2M
Income Tax Expense1.1M2.4M2.9M2.9M2.6M3.3M
Income Before Tax93.1M125.3M155.9M173.5M199.5M209.4M
Cost Of Revenue31.8M65.3M85.6M66.7M76.7M80.6M
Minority Interest591K603K(598K)(555K)(499.5K)(474.5K)
Non Recurring1.6M4.1M1.9M1.0M913.5K867.8K
Interest Income33.1M40.1M50.4M63.4M73.0M76.6M
Tax Provision1.1M2.4M2.9M2.9M3.4M3.5M
Net Interest Income(40.1M)(50.4M)(63.4M)(75.6M)(68.0M)(64.6M)

Agree Realty Key Cash Accounts

202020212022202320242025 (projected)
Change In Cash(34.2M)37.3M(16.3M)(14.4M)(12.9M)(12.3M)
Free Cash Flow143.0M246.3M362.1M391.6M450.3M472.9M
Depreciation82.6M120.0M166.9M209.4M240.8M252.8M
Other Non Cash Items1.4M3.6M15.0M(2.1M)(2.4M)(2.3M)
Dividends Paid116.1M195.8M227.7M285.1M327.9M344.3M
Net Income92.0M122.9M153.0M170.5M196.1M205.9M
End Period Cash Flow8.0M45.3M28.9M14.5M16.7M11.9M
Change Receivables(6.1M)(12.0M)(16.3M)799K719.1K755.1K
Net Borrowings148.7M345.1M461.1M210.3M241.9M160.1M
Change To Netincome(7.7M)835K(7.0M)(11.0M)(9.9M)(9.4M)
Investments(1.3B)(1.4B)(1.6B)(1.5B)(1.4B)(1.3B)

Agree Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Agree Realty's current stock value. Our valuation model uses many indicators to compare Agree Realty value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Agree Realty competition to find correlations between indicators driving Agree Realty's intrinsic value. More Info.
Agree Realty is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.64  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Agree Realty is roughly  1.56 . At present, Agree Realty's Return On Equity is projected to slightly decrease based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Agree Realty's earnings, one of the primary drivers of an investment's value.

Agree Realty Systematic Risk

Agree Realty's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Agree Realty volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Execute Function
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Agree Realty correlated with the market. If Beta is less than 0 Agree Realty generally moves in the opposite direction as compared to the market. If Agree Realty Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Agree Realty is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Agree Realty is generally in the same direction as the market. If Beta > 1 Agree Realty moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Agree Realty Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Agree Realty's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Agree Realty growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(3.96)

At present, Agree Realty's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

Agree Realty January 18, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Agree Realty help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Agree Realty. We use our internally-developed statistical techniques to arrive at the intrinsic value of Agree Realty based on widely used predictive technical indicators. In general, we focus on analyzing Agree Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Agree Realty's daily price indicators and compare them against related drivers.

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When running Agree Realty's price analysis, check to measure Agree Realty's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Agree Realty is operating at the current time. Most of Agree Realty's value examination focuses on studying past and present price action to predict the probability of Agree Realty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Agree Realty's price. Additionally, you may evaluate how the addition of Agree Realty to your portfolios can decrease your overall portfolio volatility.
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