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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$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:InterestExpenseNonoperating.

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
Line itemThree Months Ended / March 31, 2026Three Months Ended / March 31, 2025
Gain on involuntary conversion, net528
Income from Operations98,55378,696
Other (Expense) Income
Interest expense, net(35,970)(30,764)
Income and other tax expense(500)(825)
Other income14841
Net Income62,23147,148
Less net income attributable to non-controlling interest180152

Item 1. Financial Statements (Unaudited)

FAQ

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?
Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.

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