Agree Realty Corporation (NYSE: ADC) is a fully-integrated, self-administered, and self-managed REIT focused on the development and acquisition of net lease retail properties throughout the United States. Our growing portfolio of industry leading retailers consists of 267 assets in 41 states, containing approximately 4.8 million square feet. Agree’s disciplined and focused investment strategy, its institutional access to capital, and the Company’s industry-wide relationships, consistently produce high-quality opportunities with superior risk adjusted returns. The Agree Team’s expertise and strategic execution seeks to maximize value for all stakeholders. Our innovative development and acquisition strategies, adaptive real estate technology, and extensive capabilities are relied upon by our industry leading partners, including Walgreens, McDonalds, JP Morgan Chase, PNC and Wawa. Building upon the foundation of excellence established throughout the past four decades, Agree Realty continues to be a market leader in thenet lease space.
Show more
TypePublic
HQBloomfield Hills, US
Founded1971
Size (employees)24 (est)
Websiteagreerealty.com
Agree Realty was founded in 1971 and is headquartered in Bloomfield Hills, US
Report incorrect company information

Viewing summary data as a guest

Sign up for free to see all data

Agree Realty Office Locations

Agree Realty has an office in Bloomfield Hills
Bloomfield Hills, US (HQ)
70 E Long Lake Rd
Show all (1)
Report incorrect company information

Agree Realty Financials and Metrics

Agree Realty Revenue

Agree Realty's revenue was reported to be $91.53 m in FY, 2016 which is a 30.8% increase from the previous period.
USD

Revenue (Q2, 2018)

70.3 m

Net income (Q2, 2018)

29.7 m

EBIT (Q2, 2018)

35.6 m

Market capitalization (20-Sep-2018)

1.9 b

Closing stock price (20-Sep-2018)

54

Cash (30-Jun-2018)

9 m
Agree Realty's current market capitalization is $1.9 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

43.5 m53.6 m70 m91.5 m

Revenue growth, %

23%31%31%

General and administrative expense

8 m

Operating expense total

8 m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Revenue

17.2 m17.8 m20.2 m21.8 m24.2 m26.6 m28.1 m30.4 m34.6 m70.3 m

General and administrative expense

1.7 m1.8 m2 m2 m2 m2.6 m2.6 m2.5 m2.9 m6 m

Operating expense total

7.3 m8.6 m9 m10.2 m10 m12.4 m13.4 m14 m16.9 m34.7 m

Depreciation and amortization

10 m20.6 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

14.5 m5.4 m2.7 m33.4 m

PP&E

398.9 m529.8 m695.8 m943.5 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Cash

5.8 m826.2 k1.6 m1.4 m7.9 m2.9 m21.4 m3.7 m4 m11.5 m2.3 m4.2 m25.5 m2.2 m9 m

PP&E

389.1 m418.8 m429 m459.6 m576.6 m627.6 m645.4 m730.4 m850.2 m892 m983.9 m1.1 b1.1 b1.3 b1.3 b

Total Assets

443.6 m466.5 m481.2 m522.8 m653 m705.1 m749.2 m825.6 m973.1 m1 b1.2 b1.3 b1.4 b1.5 b1.6 b

Total Liabilities

200.6 m175.3 m194.2 m236.2 m300.2 m334.4 m349.6 m375.1 m414.4 m463.4 m470.7 m490.9 m544.2 m614.4 m702 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

20.2 m18.9 m39.8 m45.8 m

Depreciation and Amortization

7 m8.5 m11.5 m23.4 m

Accounts Payable

838.5 k(167.3 k)1 m2 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Net Income

14.6 m5.5 m8.2 m13.2 m6.5 m17 m31.8 m7.6 m18.4 m32.9 m14.8 m29.8 m42.1 m16.6 m29.7 m

Depreciation and Amortization

5.1 m2 m4 m6.1 m2.6 m5.5 m8.8 m3.4 m7 m11 m4.5 m9.2 m14.4 m10 m20.6 m

Accounts Payable

(549 k)176.4 k229.1 k2.2 m1.7 m2.8 m(590 k)444 k1.8 m

Cash From Operating Activities

21.2 m8.2 m16.7 m25.3 m9 m21.2 m34.4 m16.5 m26.7 m33.5 m15.6 m34.7 m55.2 m17.8 m37 m
USDY, 2018

Financial Leverage

1.8 x
Show all financial metrics
Report incorrect company information

Agree Realty Online and Social Media Presence

Embed Graph
Report incorrect company information

Agree Realty News and Updates

Agree Realty Announces Pricing of Forward Common Stock Offering

BLOOMFIELD HILLS, Mich., Sept. 5, 2018 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced the pricing of its public offering of 3,500,000 shares of its common stock at a public offering price of $55.20 per share in connection with the forward sale...
Report incorrect company information

Agree Realty Company Life and Culture

Report incorrect company information