Real Estate Investment Trusts · SIC 6798

AGREE REALTY CORP

ADC-PA

Watch

Latest revenue

$1.7M

as of 2026-03-31

Latest net income

$62.1M

as of 2026-03-31

Net margin

3656.5%

as of 2026-03-31

Price

Price history unavailable for ADC-PA.

Market data

Price feed temporarily unavailable for ADC-PA.

5-year trend

What this company does

AI

Item 1: Business General The Company is a fully integrated REIT primarily focused on the ownership, acquisition, development and management of retail properties net leased to industry leading tenants. The Company was founded in 1971 by its current Executive Chairman, Richard Agree, and its common stock was listed on the New York Stock Exchange (“NYSE”) in 1994. The Company’s assets are held by, and all of its operations are conducted through, directly or indirectly, the Operating Partnership of which the Company is the sole general partner and in which it held a 99.7% common interest as of December 31, 2025. Under the agreement of limited partnership of the Operating Partnership, the…

AI summary unavailable — showing raw filing excerpt

Generated from ADC-PA's filing dated 2026-02-10

Key risks

AI

Item 1A: Risk Factors The following factors and other factors discussed in this Annual Report on Form 10-K could cause the Company’s actual results to differ materially from those contained in forward-looking statements made in this report or presented elsewhere in future SEC reports. You should carefully consider each of the risks, assumptions, uncertainties and other factors described below and elsewhere in this report, as well as any reports, amendments or updates reflected in subsequent filings or furnishings with the SEC. We believe these risks, assumptions, uncertainties and other factors, individually or in the aggregate, could cause our actual results to differ materially from…

AI summary unavailable — showing raw filing excerpt

Generated from ADC-PA's filing dated 2026-02-10

Profitability

Operating margin

47.4%

3.3%

Net margin

28.4%

7.2%

Return on equity

3.3%

5.1%

Return on assets

2.1%

6.4%

Leverage

Debt / equity

0.56×

4.1%

Long-term debt / equity

0.41×

1.5%

Debt / assets

36.0%

2.6%

Earnings tracker

QuarterRevenueYoYNet incomeYoYNet margin

Q1 2026

2026-03-31

$1.7M+119.8%$62.1M+32.0%3656.5%

Q4 2025

2025-12-31

$715.2M+18.0%$56.0M+23.9%7.8%

Q3 2025

2025-09-30

$924.0K-50.1%$52.1M+17.4%5640.4%

Q2 2025

2025-06-30

$1.5M-78.9%$49.2M-10.1%3258.1%

Q1 2025

2025-03-31

$772.0K-63.2%$47.0M+4.8%6087.6%

Q4 2024

2024-12-31

$606.0M$45.2M7.5%

Q3 2024

2024-09-30

$1.9M+9350.0%$44.4M+6.9%2398.6%

Q2 2024

2024-06-30

$7.2M+2143.3%$54.7M+33.9%764.7%

Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.

Industry trend

Real Estate Investment Trusts · SIC 6798

Your notes

Keep private notes on ADC-PA — thesis, target price, catalysts to watch.

Visible only to you. Never shared. Never used to train AI.

Sign in to write a note

Insider activity

No insider transactions on file for ADC-PA in the last 12 months.

Source: SEC Form 4 filings. Backfill runs nightly.

Who owns ADC-PA

No institutional holdings on file for ADC-PA yet.

Source: SEC Form 13F-HR. Updated quarterly (45-day filing lag).

Top questions investors are asking

Coming once ADC-PA's latest filing finishes processing.