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Agree Realty ADC Buildings and improvements

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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:InvestmentBuildingAndBuildingImprovements.

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 buildings and improvements?
Agree Realty (ADC) reported buildings and improvements of $6.57B in Q1 2026.
How has Agree Realty's buildings and improvements changed year-over-year?
Agree Realty's buildings and improvements increased by 16.3% year-over-year, from $5.65B to $6.57B.
What is the long-term trend for Agree Realty's buildings and improvements?
Over 5 years (2020 to 2025), Agree Realty's buildings and improvements has grown at a 21.7% compound annual growth rate (CAGR), from $2.37B to $6.33B.
What does buildings and improvements mean?
The total historical cost of all buildings and structural improvements owned.
How do you interpret buildings and improvements?
Growth reflects capital investment in property development or expansion, while stagnation may indicate a lack of new building projects.
How does buildings and improvements compare across companies?
Common across all real estate firms; peers often report this as a primary component of gross property assets.