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Agree Realty ADC Finance Lease, Acquired Fee Interest

Finance Lease, Acquired Fee Interest at other companies

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CareTrustCTRE
$0-100%
Gaming and Leisure Properties logo
Gaming and Leisure PropertiesGLPI
$184.1M
ARE
Alexandria Real Estate EquitiesARE
$297K-97.3%
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KKR Real Estate Finance TrustKREF
$71.5M+63.4%
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Ally FinancialALLY
$705M-13.9%
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Regency CentersREG
$21.48M-74.2%

Other financials

Income statement

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Revenue$200.8M+18.7%
Operating income$98.6M+25.2%
Net income$62.1M+32.0%
EPS (diluted)$0.50+19.0%

Balance sheet

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Cash & equivalents$31.2M+179%
Total debt$3.8B+16,437%
Total equity$6.2B+10.5%
Total assets$10.2B+15.7%

Cash flow

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Operating cash flow$145.2M+14.6%

Valuation

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Market cap$8.8B+9.3%
Enterprise value$12.56B+54.6%
P/E40.1×-2.0×
P/S11.7×-0.9×

Profitability

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Operating margin48%-0.7pp
Net margin29.3%-0.8pp

Returns & leverage

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Return on equity3.7%+0.2pp
Debt / equity0.6×+0.6×

Where this comes from

Reported directly by Agree Realty in its filing.

Tagged under the XBRL concept adc:FinanceLeaseAcquiredFeeInterest.

The official record: Agree Realty’s 10-K, filed February 10, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Agree Realty's finance lease, acquired fee interest?
Agree Realty (ADC) reported finance lease, acquired fee interest of $0 in Q4 2025.
How has Agree Realty's finance lease, acquired fee interest changed year-over-year?
Agree Realty's finance lease, acquired fee interest decreased by 100.0% year-over-year, from $1.52M to $0.
What does finance lease, acquired fee interest mean?
Cash spent to acquire property interests through finance leases.
How do you interpret finance lease, acquired fee interest?
Higher activity indicates an aggressive acquisition strategy utilizing lease structures rather than direct purchases.
How does finance lease, acquired fee interest compare across companies?
Specific to REITs that utilize ground leases or complex leasehold structures.