Agree Realty Corp financial data

Symbol
ADC, ADC-PA on NYSE
Industry
Real Estate Investment Trusts
Location
32301 Woodward Avenue, Royal Oak, MI
State of incorporation
Delaware
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Jul 23, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 50.5 % +11.7%
Return On Equity 3.6 % +4.66%
Return On Assets 2.39 % +1.27%
Operating Margin 48.8 % -0.43%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 101M shares +4.52%
Common Stock, Shares, Outstanding 101M shares +4.52%
Entity Public Float 6.2B USD +7.57%
Common Stock, Value, Issued 10K USD 0%
Weighted Average Number of Shares Outstanding, Basic 100M shares +7.84%
Weighted Average Number of Shares Outstanding, Diluted 100M shares +7.86%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 583M USD +20.7%
General and Administrative Expense 36.8M USD +14.6%
Costs and Expenses 309M USD +23.9%
Operating Income (Loss) 285M USD +20.2%
Income Tax Expense (Benefit) 3.57M USD +21.7%
Net Income (Loss) Attributable to Parent 187M USD +14.9%
Earnings Per Share, Basic 1.8 USD/shares +1.7%
Earnings Per Share, Diluted 1.79 USD/shares +1.71%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 9.64M USD +19.5%
Operating Lease, Right-of-Use Asset 60.3M USD -0.33%
Assets 8B USD +10%
Liabilities 2.84B USD +23.7%
Accumulated Other Comprehensive Income (Loss), Net of Tax 30.9M USD +20.6%
Stockholders' Equity Attributable to Parent 5.16B USD +3.73%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 5.16B USD +3.72%
Liabilities and Equity 8B USD +10%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 103M USD +9.53%
Net Cash Provided by (Used in) Financing Activities 23.7M USD -89.3%
Net Cash Provided by (Used in) Investing Activities -126M USD +62%
Common Stock, Shares Authorized 180M shares 0%
Common Stock, Shares, Issued 101M shares +4.52%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 24.3M USD +98%
Interest Paid, Excluding Capitalized Interest, Operating Activities 12.4M USD +75.5%
Operating Lease, Liability 17.1M USD -0.76%
Payments to Acquire Property, Plant, and Equipment 905M USD -34.3%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 192M USD +22.6%
Lessee, Operating Lease, Liability, to be Paid 33.9M USD -0.45%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.22M USD +1.5%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.22M USD +1.59%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 16.8M USD -0.13%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.06M USD -11.1%
Preferred Stock, Shares Authorized 4M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.03M USD -0.77%
Operating Lease, Payments 1.2M USD +0.08%
Additional Paid in Capital 5.36B USD +5.87%
Interest Expense 87.6M USD +29.7%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%