Skip to content
10-K

Annual Report

Agree Realty Corporation ADC ADC-PA

0000917251-26-000013

← back to feed
Filed
Feb 10, 2026 12:00 AM ET
Period of report

On SEC.gov

Financials in this filing

Metric Period Value
Shares Outstanding FY 2025 · Feb 9, 2026 120.03M sh
Shares Diluted FY 2025 · Dec 31, 2025 111.2M sh
Shares Diluted FY 2025 · Dec 31, 2024 101.88M sh
Shares Diluted FY 2025 · Dec 31, 2023 95.44M sh
Stock Repurchased FY 2025 · Dec 31, 2025 $3.74M
Stock Repurchased FY 2025 · Dec 31, 2024 $2.28M
Stock Repurchased FY 2025 · Dec 31, 2023 $2.68M
Dividends Paid FY 2025 · Dec 31, 2025 $340.65M
Dividends Paid FY 2025 · Dec 31, 2024 $303.6M
Dividends Paid FY 2025 · Dec 31, 2023 $277.68M
Operating Cash Flow FY 2025 · Dec 31, 2025 $504.14M
Operating Cash Flow FY 2025 · Dec 31, 2024 $431.97M
Operating Cash Flow FY 2025 · Dec 31, 2023 $391.6M
Cash And Equivalents FY 2025 · Dec 31, 2025 $16.3M
Cash And Equivalents FY 2025 · Dec 31, 2024 $6.4M
Stockholders Equity FY 2025 · Dec 31, 2025 $6.27B
Stockholders Equity FY 2025 · Dec 31, 2024 $5.51B
Total Liabilities FY 2025 · Dec 31, 2025 $3.53B
Total Liabilities FY 2025 · Dec 31, 2024 $2.98B
Total Assets FY 2025 · Dec 31, 2025 $9.8B
Total Assets FY 2025 · Dec 31, 2024 $8.49B
Eps Diluted FY 2025 · Dec 31, 2025 $1.77
Eps Diluted FY 2025 · Dec 31, 2024 $1.78
Eps Diluted FY 2025 · Dec 31, 2023 $1.70
Eps Basic FY 2025 · Dec 31, 2025 $1.77
Eps Basic FY 2025 · Dec 31, 2024 $1.79
Eps Basic FY 2025 · Dec 31, 2023 $1.70
Sga Expense FY 2025 · Dec 31, 2025 $44.06M
Sga Expense FY 2025 · Dec 31, 2024 $37.23M
Sga Expense FY 2025 · Dec 31, 2023 $34.79M
Net Income FY 2025 · Dec 31, 2025 $204.35M
Net Income FY 2025 · Dec 31, 2024 $189.2M
Net Income FY 2025 · Dec 31, 2023 $169.96M
Operating Income FY 2025 · Dec 31, 2025 $340.4M
Operating Income FY 2025 · Dec 31, 2024 $302.24M
Operating Income FY 2025 · Dec 31, 2023 $254.39M
Revenue FY 2025 · Dec 31, 2025 $718.4M
Revenue FY 2025 · Dec 31, 2024 $617.1M
Revenue FY 2025 · Dec 31, 2023 $537.5M