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Agree Realty ADC Lease intangible liabilities, net

Lease intangible liabilities, net at other companies

Rexford Industrial Realty logo
Rexford Industrial RealtyREXR
$110.91M-18.8%
CareTrust logo
CareTrustCTRE
$80K-91.4%
CareTrust logo
CareTrustCTRE
$80K-91.4%
CareTrust logo
CareTrustCTRE
-$1K-100%
ACR
ACRES Commercial RealtyACR
$46.1M+1.5%
W.P. Carey Inc. logo
W.P. Carey Inc.WPC
-$4.76M-473%

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:BelowMarketLeaseNet.

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 lease intangible liabilities, net?
Agree Realty (ADC) reported lease intangible liabilities, net of $61.77M in Q1 2026.
How has Agree Realty's lease intangible liabilities, net changed year-over-year?
Agree Realty's lease intangible liabilities, net increased by 30.4% year-over-year, from $47.35M to $61.77M.
What is the long-term trend for Agree Realty's lease intangible liabilities, net?
Over 5 years (2020 to 2025), Agree Realty's lease intangible liabilities, net has grown at a 11.0% compound annual growth rate (CAGR), from $35.7M to $60.19M.
What does lease intangible liabilities, net mean?
An accounting liability representing the value of leases acquired at rates lower than current market prices.
How do you interpret lease intangible liabilities, net?
Changes are primarily driven by acquisition activity and the subsequent amortization of these intangible liabilities.
How does lease intangible liabilities, net compare across companies?
Specific to REITs and companies that frequently acquire property portfolios with existing tenant leases.