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Agree Realty ADC Unsecured debt

Unsecured debt at other companies

Sun Communities logo
Sun CommunitiesSUI
$1.79B-56.3%
CareTrust logo
CareTrustCTRE
$294.77M+0.2%
Equity Residential logo
Equity ResidentialEQR
$96.8M0.0%
Terex logo
TerexTEX
$20M
Extra Space Storage logo
Extra Space StorageEXR
$0
Ladder Capital logo
Ladder CapitalLADR
$4.03B+45.4%

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:UnsecuredDebt.

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 unsecured debt?
Agree Realty (ADC) reported unsecured debt of $596.68M in Q1 2026.
How has Agree Realty's unsecured debt changed year-over-year?
Agree Realty's unsecured debt increased by 71.7% year-over-year, from $347.61M to $596.68M.
What is the long-term trend for Agree Realty's unsecured debt?
Over 5 years (2020 to 2025), Agree Realty's unsecured debt has grown at a 7.9% compound annual growth rate (CAGR), from $237.85M to $348.07M.
What does unsecured debt mean?
Long-term debt that is not backed by specific assets.
How do you interpret unsecured debt?
An increase reflects active capital market participation, while a decrease indicates debt repayment or deleveraging efforts.
How does unsecured debt compare across companies?
A standard component of capital structure for large-cap REITs with investment-grade credit ratings.