US · USD
ADC
Agree Realty Corporation
- Day's range
- $65.50 – $66.09
- Day's volume
- $106.2M
- 52-week range
- $65.03 – $80.23
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See how ADC weighs in your net worth, what it has paid you and how far it is from your target allocation.
Create a free accountADC in numbers
- Market cap
- $8.2B
- P/E
- 36.39
- P/B
- 1.26
- Dividend yield (12m)
- 4.82%
The 12-month dividend yield of ADC is 4.82%, above its 5-year average of 4.26%.
ADC price history
ADC risk and return
Monthly closes adjusted for splits and distributions.
| Metric | 12 months | 36 months | 60 months |
|---|---|---|---|
| Return | -9.36% | +25.78% | +20.11% |
| Volatility (annualized) | 18.68% | 17.09% | 17.55% |
| Largest drawdown | -16.18% | -16.18% | -27.02% |
| Positive months | 5/12 | 21/36 | 34/60 |
How much did investing in ADC return?
$1,000.00 invested on 11/01/2021 would be worth $1,201.06 today.
- Value today in ADC
- $1,201.06
- Return over the period
- +20.11%
- Return per year
- +3.79%
- In the S&P 500
- $1,712.05
With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.
ADC fundamentals
Valuation
- P/E36.39
- P/B1.26
- EV/EBITDA12.91
- EV/EBIT21.91
- EV/Revenue10.50
- P/EBIT21.91
- P/S10.50
- P/OCF15.32
- P/FCF—
- Earnings yield4.57%
- PEG ratio—
- Earnings per share$1.81
- Book value per share$52.42
Efficiency
- Gross margin—
- EBITDA margin81.32%
- Operating margin47.92%
- Net margin28.84%
- Asset turnover0.07
Profitability
- ROE3.45%
- ROA2.12%
- ROIC3.78%
- Payout175.57%
Growth
- Revenue CAGR (5 years)21.40%
- Earnings CAGR (5 years)18.23%
- Revenue growth (year)—
- Earnings growth (year)—
- Revenue growth (quarter)—
- Earnings growth (quarter)—
What is ADC's fair price?
Two classic value formulas, with today's numbers. The current price is $65.79.
- Graham's fair price
- $46.18
- 29.81% below the price
√(22.50 × $1.81 × $52.42)
Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.
- Bazin's ceiling price
- $49.22
- 25.18% below the price
$2.95 (5-year average) ÷ 6%
Décio Bazin only bought stocks yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years over 6%.
Graham ignores growth and debt; Bazin assumes past distributions repeat. They are references to compare, not a buy recommendation.
ADC's indicators by year
Multiples at each year's closing price; margins and returns from that year's statements.
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| P/E | 42.31 | 39.94 | 37.23 | 41.96 | 41.60 | 46.25 | 39.93 | 38.15 |
| P/B | 1.38 | 1.37 | 1.22 | 1.38 | 1.49 | 1.67 | 1.89 | 1.80 |
| EV/EBITDA | 14.91 | 14.84 | 14.69 | 18.19 | 23.56 | 27.24 | 19.97 | 27.25 |
| Dividend yield | 4.26% | 4.25% | 4.63% | 3.94% | 4.20% | 3.56% | 3.21% | 3.59% |
| Earnings per share | $1.70 | $1.76 | $1.69 | $1.69 | $1.72 | $1.44 | $1.76 | $1.55 |
| Book value per share | $52.25 | $51.38 | $51.72 | $51.33 | $47.94 | $39.77 | $37.07 | $32.93 |
| ROE | 3.26% | 3.43% | 3.27% | 3.29% | 3.58% | 3.62% | 4.74% | 4.71% |
| ROIC | 3.58% | 3.62% | 3.23% | 3.11% | 2.48% | 2.35% | 4.47% | 2.53% |
| EBITDA margin | 80.69% | 82.52% | 80.12% | 81.82% | 84.28% | 80.42% | 85.40% | 77.33% |
| Net margin | 28.45% | 30.66% | 31.62% | 35.47% | 36.03% | 36.76% | 42.71% | 42.42% |
| Net debt/EBITDA | — | — | — | — | 5.77 | 6.10 | — | 6.32 |
ADC's financial statements
| Line | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Net revenue | $718.4M | $617.1M | $537.5M | $429.8M | $339.3M | $248.6M |
| Cost of revenue | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — |
| EBITDA | $579.7M | $509.2M | $430.7M | $351.7M | $286M | $199.9M |
| EBIT | $340.4M | $302.2M | $254.4M | $218.1M | $190.3M | $133.1M |
| Financial result | — | — | — | — | — | — |
| Income before tax | — | — | — | — | — | — |
| Income tax | -$1.7M | -$4.3M | -$2.9M | -$2.9M | -$2.4M | -$1.1M |
| Net income | $204.3M | $189.2M | $170M | $152.4M | $122.3M | $91.4M |
Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.
Does ADC pay dividends?
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 09/29/2026 | 10/14/2026 | $0.27 |
Dividend yield per year
- 3.89%2017
- 3.59%2018
- 3.21%2019
- 3.56%2020
- 4.20%2021
- 3.94%2022
- 4.63%2023
- 4.25%2024
- 4.26%2025
- 3.62%2026
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 08/28/2026 | 09/15/2026 | $0.27 |
| Dividend | 07/30/2026 | 08/14/2026 | $0.27 |
| Dividend | 06/29/2026 | 07/15/2026 | $0.27 |
| Dividend | 05/28/2026 | 06/12/2026 | $0.27 |
| Dividend | 04/29/2026 | 05/14/2026 | $0.27 |
| Dividend | 03/30/2026 | 04/15/2026 | $0.26 |
| Dividend | 02/26/2026 | 03/13/2026 | $0.26 |
| Dividend | 01/29/2026 | 02/13/2026 | $0.26 |
| Dividend | 12/30/2025 | 01/15/2026 | $0.26 |
| Dividend | 11/27/2025 | 12/12/2025 | $0.26 |
| Dividend | 10/30/2025 | 11/14/2025 | $0.26 |
| Dividend | 09/29/2025 | 10/14/2025 | $0.26 |
See all 86 distributions
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 08/28/2025 | 09/15/2025 | $0.26 |
| Dividend | 07/30/2025 | 08/14/2025 | $0.26 |
| Dividend | 06/27/2025 | 07/15/2025 | $0.26 |
| Dividend | 05/29/2025 | 06/13/2025 | $0.26 |
| Dividend | 04/29/2025 | 05/14/2025 | $0.26 |
| Dividend | 03/28/2025 | 04/14/2025 | $0.25 |
| Dividend | 02/27/2025 | 03/14/2025 | $0.25 |
| Dividend | 01/30/2025 | 02/14/2025 | $0.25 |
| Dividend | 12/30/2024 | 01/15/2025 | $0.25 |
| Dividend | 11/28/2024 | 12/13/2024 | $0.25 |
| Dividend | 10/30/2024 | 11/14/2024 | $0.25 |
| Dividend | 09/27/2024 | 10/15/2024 | $0.25 |
| Dividend | 08/29/2024 | 09/16/2024 | $0.25 |
| Dividend | 07/30/2024 | 08/14/2024 | $0.25 |
| Dividend | 06/27/2024 | 07/15/2024 | $0.25 |
| Dividend | 05/30/2024 | 06/14/2024 | $0.25 |
| Dividend | 04/26/2024 | 05/14/2024 | $0.25 |
| Dividend | 03/26/2024 | 04/12/2024 | $0.25 |
| Dividend | 02/27/2024 | 03/14/2024 | $0.25 |
| Dividend | 01/29/2024 | 02/14/2024 | $0.25 |
| Dividend | 12/27/2023 | 01/16/2024 | $0.25 |
| Dividend | 11/28/2023 | 12/14/2023 | $0.25 |
| Dividend | 10/27/2023 | 11/14/2023 | $0.25 |
| Dividend | 09/27/2023 | 10/13/2023 | $0.24 |
| Dividend | 08/29/2023 | 09/14/2023 | $0.24 |
| Dividend | 07/27/2023 | 08/14/2023 | $0.24 |
| Dividend | 06/28/2023 | 07/14/2023 | $0.24 |
| Dividend | 05/29/2023 | 06/14/2023 | $0.24 |
| Dividend | 04/26/2023 | 05/12/2023 | $0.24 |
| Dividend | 03/29/2023 | 04/14/2023 | $0.24 |
| Dividend | 02/24/2023 | 03/14/2023 | $0.24 |
| Dividend | 01/27/2023 | 02/14/2023 | $0.24 |
| Dividend | 12/28/2022 | 01/13/2023 | $0.24 |
| Dividend | 11/28/2022 | 12/14/2022 | $0.24 |
| Dividend | 10/27/2022 | 11/14/2022 | $0.24 |
| Dividend | 09/28/2022 | 10/14/2022 | $0.23 |
| Dividend | 08/29/2022 | 09/14/2022 | $0.23 |
| Dividend | 07/27/2022 | 08/12/2022 | $0.23 |
| Dividend | 06/28/2022 | 07/14/2022 | $0.23 |
| Dividend | 05/26/2022 | 06/14/2022 | $0.23 |
| Dividend | 04/27/2022 | 05/13/2022 | $0.23 |
| Dividend | 03/29/2022 | 04/14/2022 | $0.23 |
| Dividend | 02/24/2022 | 03/14/2022 | $0.23 |
| Dividend | 01/27/2022 | 02/14/2022 | $0.23 |
| Dividend | 12/29/2021 | 01/14/2022 | $0.23 |
| Dividend | 11/26/2021 | 12/14/2021 | $0.23 |
| Dividend | 10/27/2021 | 11/12/2021 | $0.23 |
| Dividend | 09/28/2021 | 10/14/2021 | $0.22 |
| Dividend | 08/27/2021 | 09/14/2021 | $0.22 |
| Dividend | 07/28/2021 | 08/13/2021 | $0.22 |
| Dividend | 06/28/2021 | 07/14/2021 | $0.22 |
| Dividend | 05/26/2021 | 06/11/2021 | $0.22 |
| Dividend | 04/28/2021 | 05/14/2021 | $0.22 |
| Dividend | 03/29/2021 | 04/14/2021 | $0.21 |
| Dividend | 02/24/2021 | 03/12/2021 | $0.21 |
| Dividend | 01/27/2021 | 02/12/2021 | $0.21 |
| Dividend | 12/21/2020 | 01/06/2021 | $0.62 |
| Dividend | 09/23/2020 | 10/09/2020 | $0.60 |
| Dividend | 06/24/2020 | 07/10/2020 | $0.60 |
| Dividend | 03/25/2020 | 04/09/2020 | $0.59 |
| Dividend | 12/18/2019 | 01/03/2020 | $0.59 |
| Dividend | 09/25/2019 | 10/11/2019 | $0.57 |
| Dividend | 06/26/2019 | 07/12/2019 | $0.57 |
| Dividend | 03/27/2019 | 04/12/2019 | $0.56 |
| Dividend | 12/19/2018 | 01/04/2019 | $0.56 |
| Dividend | 09/26/2018 | 10/12/2018 | $0.54 |
| Dividend | 06/27/2018 | 07/13/2018 | $0.54 |
| Dividend | 03/27/2018 | 04/13/2018 | $0.52 |
| Dividend | 12/18/2017 | 01/03/2018 | $0.52 |
| Dividend | 09/27/2017 | 10/13/2017 | $0.51 |
| Dividend | 06/27/2017 | 07/14/2017 | $0.51 |
| Dividend | 03/28/2017 | 04/14/2017 | $0.50 |
| Dividend | 12/20/2016 | 01/03/2017 | $0.50 |
| Dividend | 05/01/2018 | — | $0.00 |
About Agree Realty
- Sector
- Finance, insurance and real estate
Questions about ADC
How much is ADC today?
ADC is at $65.79 (0.32% on the day), last traded on 10/06/2026.
How much did ADC pay in dividends in 2025?
ADC paid $3.07 per share in 2025, a dividend yield of 4.26%.
When is the next ADC dividend?
The next announced payment is $0.27 per share on 10/14/2026.
What are the P/E and P/B of ADC?
ADC trades at a P/E of 36.39 and a P/B of 1.26.
How much did ADC return in 12 months?
ADC returned -9.36% in 12 months, with annualized volatility of 18.68% and a largest drawdown of -16.18%.