Skip to content
Screener

Agree Realty ADC Construction in progress

Construction in progress at other companies

Worthington Enterprises logo
Worthington EnterprisesWOR
$57.21M+84.3%
Flowers Foods logo
Flowers FoodsFLO
$63.52M+4.9%
REX American Resources logo
REX American ResourcesREX
$112.09M+11.0%
Alpha and Omega Semiconductor logo
Alpha and Omega SemiconductorAOSL
$38.81M+23.3%
ALX
Alexander'sALX
$0-100%
Highwoods Properties logo
Highwoods PropertiesHIW
$0

Other financials

Income statement

See full
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

See full
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

See full
Operating cash flow$145.2M+14.6%

Valuation

See full
Market cap$9.41B+16.6%
Enterprise value$13.17B+63.0%
P/E42.9×-0.5×
P/S12.5×+0.3×

Profitability

See full
Operating margin48%-0.7pp
Net margin29.3%-0.8pp

Returns & leverage

See full
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:DevelopmentInProcess.

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
Buildings6,569,8316,330,249
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

Item 1. Financial Statements (Unaudited)

FAQ

What is Agree Realty's construction in progress?
Agree Realty (ADC) reported construction in progress of $60.07M in Q1 2026.
How has Agree Realty's construction in progress changed year-over-year?
Agree Realty's construction in progress increased by 19.4% year-over-year, from $50.29M to $60.07M.
What is the long-term trend for Agree Realty's construction in progress?
Over 5 years (2020 to 2025), Agree Realty's construction in progress has grown at a 42.5% compound annual growth rate (CAGR), from $10.65M to $62.69M.
What does construction in progress mean?
Costs accumulated for facilities, equipment, or infrastructure projects under construction — not yet placed in service or generating revenue.

Ask your AI about Agree Realty's construction in progress.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude