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Agree Realty ADC Real Estate Investment Property, Net

Real Estate Investment Property, Net at other companies

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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:RealEstateInvestmentPropertyNet.

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 itemMarch 31, 2026December 31, 2025
Less accumulated depreciation(758,519)(715,733)
8,826,1038,510,011
Property under development60,07162,690
Net real estate investments8,886,1748,572,701
Real estate held for sale, net3,077
Cash and cash equivalents25,07716,295
Cash held in escrow6,1284,327
Accounts receivable - tenants, net129,617122,477

Item 1. Financial Statements (Unaudited)

FAQ

What is Agree Realty's real estate investment property, net?
Agree Realty (ADC) reported real estate investment property, net of $8.89B in Q1 2026.
How has Agree Realty's real estate investment property, net changed year-over-year?
Agree Realty's real estate investment property, net increased by 15.5% year-over-year, from $7.7B to $8.89B.
What is the long-term trend for Agree Realty's real estate investment property, net?
Over 5 years (2020 to 2025), Agree Realty's real estate investment property, net has grown at a 21.0% compound annual growth rate (CAGR), from $3.3B to $8.57B.
What does real estate investment property, net mean?
The total net book value of all real estate assets held for investment, including both completed properties and those under development, after accounting for accumulated depreciation. This represents the total carrying value of the company's real estate portfolio.

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