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Agree Realty ADC Interest Expense

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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$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 us-gaap:InterestExpenseNonoperating.

The official record: Agree Realty’s 10-Q, filed April 21, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Agree Realty's interest expense?
Agree Realty (ADC) reported interest expense of $35.97M in Q1 2026.
How has Agree Realty's interest expense changed year-over-year?
Agree Realty's interest expense increased by 16.9% year-over-year, from $30.76M to $35.97M.
What is the long-term trend for Agree Realty's interest expense?
Over 4 years (2021 to 2025), Agree Realty's interest expense has grown at a 27.9% compound annual growth rate (CAGR), from $50.38M to $134.61M.
What does interest expense mean?
The total cost of interest paid on the company's outstanding debt.
How do you interpret interest expense?
Lower interest expense relative to debt levels is generally positive, indicating favorable borrowing terms or reduced leverage.
How does interest expense compare across companies?
Highly comparable across capital-intensive industries like real estate where debt financing is standard.