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Agree Realty ADC Total debt

Total debt at other companies

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$222.02M+12.0%
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$9.05B+13.1%
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NRZ
New Residential Investment Corp.NRZ

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 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

Calculated from Agree Realty’s reported figures.

Plus components not separately reported this period.

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 total debt?
Agree Realty (ADC) reported total debt of $3.8B in Q1 2026.
How has Agree Realty's total debt changed year-over-year?
Agree Realty's total debt increased by 16436.7% year-over-year, from $22.96M to $3.8B.
What is the long-term trend for Agree Realty's total debt?
Over 5 years (2020 to 2025), Agree Realty's total debt has grown at a 6.7% compound annual growth rate (CAGR), from $16.87M to $23.28M.
What does total debt mean?
The total amount of money the company owes to lenders and creditors through various debt instruments and lease obligations.
How do you interpret total debt?
An increase in total debt typically signals aggressive expansion or acquisition activity, while a decrease may indicate deleveraging or a focus on strengthening the balance sheet. High levels relative to equity or cash flow may signal increased financial risk, particularly in rising interest rate environments.
How does total debt compare across companies?
Peers in the net lease REIT sector are typically compared based on their debt-to-EBITDA ratios and total debt levels to assess their capacity for future acquisitions and their resilience to interest rate volatility.