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Agree Realty ADC Intangibles (Net)

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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$9.46B+16.1%
Enterprise value$13.23B+61.9%
P/E43.1×-0.8×
P/S12.6×+0.3×

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 us-gaap:FiniteLivedIntangibleAssetsNet.

The source filing: Agree Realty’s 10-Q, filed April 21, 2026.

Filed
Apr 21, 2026, 4:06 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000917251-26-000047
Year Ending December 31,2026 (remaining)2027202820292030ThereafterTotal
Lease intangibles (in-place)$$63,326$$77,166$$68,430$$59,566$$49,535$$$225,862543,885
Lease intangibles (above-market)37,32247,04043,17039,42133,801288,670489,424
Lease intangibles (below-market)(4,652)(5,900)(5,121)(4,543)(4,066)(37,483)(61,765)
Total$$95,996$$118,306$$106,479$$94,444$$79,270$$$477,049971,544

Item 1. Financial Statements (Unaudited)

FAQ

What is Agree Realty's intangibles (net)?
Agree Realty (ADC) reported intangibles (net) of $971.54M in Q1 2026.
What does intangibles (net) mean?
Identifiable intangible assets (patents, trademarks, customer relationships, technology) net of accumulated amortization — excluding goodwill.

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