Agree Realty ADC Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Operating margin | 48%+0.6pp | 47.4%+0.4pp | 46.9%-0.1pp | 47.1%-1.7pp | 48.8%-0.2pp | |
| Net margin | 29.3%+0.8pp | 28.4%+0.3pp | 28.1%-0.1pp | 28.2%-1.9pp | 30%-0.6pp | |
| EBITDA margin | 81.4%+0.7pp | 80.7%0.0pp | 80.7%-0.1pp | 80.8%-1.6pp | 82.4%-0.1pp | |
| Returns | ||||||
| Return on equity | 3.7%+0.2pp | 3.5%0.0pp | 3.5%0.0pp | 3.4%-0.1pp | 3.5%0.0pp | |
| Return on assets | 2.3%+0.1pp | 2.2%0.0pp | 2.2%0.0pp | 2.2%-0.1pp | 2.3%0.0pp | |
| Return on invested capital | 4.6%-1.2pp | 5.8%0.0pp | 5.8%+0.1pp | 5.7%0.0pp | 5.7%+0.1pp | |
| Efficiency | ||||||
| Asset turnover | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | |
| Leverage | ||||||
| Debt-to-equity | 0.6×+0.6× | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | |
| Debt-to-assets | 0.4×+0.4× | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | |
| Net debt / EBITDA | 6.2×+6.2× | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | |
| Interest coverage | 2.6×0.0× | 2.5×0.0× | 2.5×0.0× | 2.6×-0.1× | 2.7×-0.1× | |
| Per Share | ||||||
| Book value per share | $51.83-8.1% | $56.39+7.1% | $52.67+2.8% | $51.22-2.4% | $52.48-3.0% | |
| Valuation | ||||||
| Market capitalization | $9.05B+9.3% | $8.28B+5.3% | $7.86B-4.6% | $8.24B-0.5% | $8.28B+8.2% | |
| Enterprise value | $12.81B+54.7% | $8.28B+5.2% | $7.87B-4.7% | $8.26B-0.4% | $8.29B+8.2% | |
| Price / earnings | 41.2×+0.7× | 40.5×-0.1× | 40.6×-3.7× | 44.3×+1.1× | 43.3×+2.8× | |
| Price / sales | 12.1×+0.5× | 11.5×+0.1× | 11.4×-1.1× | 12.5×-0.5× | 13×+0.6× | |
| Price / book | 1.5×+0.1× | 1.3×0.0× | 1.3×-0.1× | 1.5×0.0× | 1.5×+0.1× | |
| EV / EBITDA | 21×+6.7× | 14.3×+0.1× | 14.2×-1.3× | 15.5×-0.3× | 15.8×+0.7× | |
| EV / sales | 17.1×+5.6× | 11.5×+0.1× | 11.4×-1.1× | 12.5×-0.5× | 13×+0.6× | |
| Earnings yield | 2.4%0.0pp | 2.5%0.0pp | 2.5%+0.2pp | 2.3%-0.1pp | 2.3%-0.2pp | |
| Dividend yield | 3.9%-0.2pp | 4.1%-0.1pp | 4.2%+0.3pp | 3.9%+0.1pp | 3.8%-0.2pp | |
| PEG ratio | 2.8×-2.2× | 5.1×-16.2× | 21.2×— | —— | 4.1×+0.6× |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- Where do Agree Realty's ratios come from?
- Every ratio is computed from Agree Realty's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
