Agree Realty Corporation (ADC) FinancialsADCAgree Realty Corporation

Evaluating the bottom line, Agree Realty Corporation maintains a gross margin of 76.77%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 48.12%, while the net margin is 26.72%. These profitability ratios, combined with a Return on Equity (ROE) of 3.67%, provide a clear picture of how effectively ADC converts its operational activities into shareholder value.

In the context of the broader market, ADC competes directly with industry leaders such as CUBE and ARE. With a market capitalization of $9.10B, it holds a significant position in the sector. When comparing efficiency, ADC's gross margin of 76.77% stands against CUBE's 46.99% and ARE's 23.97%. Such benchmarking helps identify whether Agree Realty Corporation is trading at a premium or discount relative to its financial performance.

Agree Realty has shown strong revenue growth, with Q2 2026 revenue reported at $205.1 million, up from $175.53 million a year ago, and AFFO per share of $1.14, reflecting a 7.4% year-over-year increase.