Agree Realty ADC Ratios & Valuation
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Operating margin | 48%-0.7pp | 47.4%-1.6pp | 46.9%-2.4pp | 47.1%-1.8pp | 48.8%+1.6pp | |
| Net margin | 29.3%-0.8pp | 28.4%-2.2pp | 28.1%-3.5pp | 28.2%-3.9pp | 30%-0.9pp | |
| EBITDA margin | 81.4%-1.0pp | 80.7%-1.8pp | 80.7%-1.5pp | 80.8%-0.9pp | 82.4%+2.4pp | |
| Returns | ||||||
| Return on equity | 3.7%+0.2pp | 3.5%-0.1pp | 3.5%-0.1pp | 3.4%-0.3pp | 3.5%+0.1pp | |
| Return on assets | 2.3%0.0pp | 2.2%-0.1pp | 2.2%-0.2pp | 2.2%-0.3pp | 2.3%0.0pp | |
| Return on invested capital | 4.6%-1.1pp | 5.8%+0.1pp | 5.8%+0.2pp | 5.7%+0.1pp | 5.7%+0.4pp | |
| 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×+6.1× | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | |
| Interest coverage | 2.6×-0.1× | 2.5×-0.2× | 2.5×-0.4× | 2.6×-0.5× | 2.7×-0.3× | |
| Per Share | ||||||
| Book value per share | $51.83-1.2% | $56.39+4.3% | $52.67+1.2% | $51.22-0.3% | $52.48+1.7% | |
| Valuation | ||||||
| Market capitalization | $9.05B+9.3% | $8.28B+8.2% | $7.86B+3.7% | $8.24B+32.2% | $8.28B+44.2% | |
| Enterprise value | $12.81B+54.6% | $8.28B+8.1% | $7.87B+3.7% | $8.26B+32.2% | $8.29B+44.0% | |
| Price / earnings | 41.2×-2.0× | 40.5×+0.1× | 40.6×+0.7× | 44.3×+11.0× | 43.3×+10.1× | |
| Price / sales | 12.1×-0.9× | 11.5×-0.9× | 11.4×-1.2× | 12.5×+1.8× | 13×+2.8× | |
| Price / book | 1.5×0.0× | 1.3×-0.1× | 1.3×-0.1× | 1.5×+0.3× | 1.5×+0.4× | |
| EV / EBITDA | 21×+5.2× | 14.3×-0.8× | 14.2×-1.2× | 15.5×+2.4× | 15.8×+3.0× | |
| EV / sales | 17.1×+4.1× | 11.5×-0.9× | 11.4×-1.2× | 12.5×+1.8× | 13×+2.7× | |
| Earnings yield | 2.4%+0.1pp | 2.5%0.0pp | 2.5%0.0pp | 2.3%-0.7pp | 2.3%-0.7pp | |
| Dividend yield | 3.9%+0.2pp | 4.1%+0.1pp | 4.2%+0.2pp | 3.9%-0.8pp | 3.8%-1.2pp |
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.
