Buyback yield (TTM)
0.07%
Shareholder yield (TTM)
4.11%
5Y share count change
112.2%
Buyback spend (TTM)
$6.15M
Cumulative buybacks
$18.8M
Key takeaways
- Agree Realty (ADC) repurchased about $6.15M of stock over the trailing twelve months.
- Diluted share count is up 112.2% over the last ~5 fiscal years — equity issuance and stock-based compensation are outpacing repurchases.
- TTM buyback ÷ stock-based-comp ratio of 0.44× — repurchases only partially offset SBC dilution.
- Cash buyback spend has compounded at +17.9% per year over the latest 5-year window.
- TTM repurchases used about 4% of free cash flow remaining after dividends.
Dividend & buyback yield over time for Agree Realty (ADC)
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Diluted vs basic shares (annual) for Agree Realty (ADC)
Diluted weighted-average shares are the EPS denominator — a falling count means buybacks are outpacing SBC dilution.
Year-over-year change in diluted shares for Agree Realty (ADC)
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Cash buyback spend over time for Agree Realty (ADC)
Latest: $3.74M
Overview
In 2025, Agree Realty (ADC) buyback spend totalled $3.74M – surged 64.0% year-over-year.
Over 2020–2025 (5 years), Agree Realty buyback spend expanded at a +17.9% compound annual rate, with mixed annual results across the window.
$3.74M stands as the all-time-high annual buyback spend, posted in 2025, against a low of $0.00 during 1994.
Agree Realty Buyback Spend 2025: $3.74M
Agree Realty buyback spend in 2025 was $3.74M, surged 64.0% from 2024. This figure represents the highest annual value in the available history.
Agree Realty Buyback Spend 2024: $2.28M
2024's buyback spend for Agree Realty came in at $2.28M, declined 15.0% below 2023.
Agree Realty Buyback Spend 2023: $2.68M
Agree Realty posted buyback spend of $2.68M in 2023, surged 40.4% from 2022.
Agree Realty Buyback Spend 2022: $1.91M
In 2022, Agree Realty reported buyback spend of $1.91M, grew 5.5% from 2021.
Agree Realty Buyback Spend 2021: $1.81M
Agree Realty buyback spend in 2021 was $1.81M.
See more financial history for Agree Realty (ADC).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $3.74M | $13M | -$9.25M | 0.05% | 111M | +9.2% | |
| 2024 | $2.28M | $10.8M | -$8.52M | 0.03% | 102M | +6.7% | |
| 2023 | $2.68M | $8.34M | -$5.65M | 0.04% | 95.4M | +20.6% | |
| 2022 | $1.91M | $6.46M | -$4.55M | 0.03% | 79.2M | +17.9% | |
| 2021 | $1.81M | $5.47M | -$3.65M | 0.04% | 67.1M | +28.1% | |
| 2020 | $1.64M | $5M | -$3.35M | 0.04% | 52.4M | +27.1% | |
| 2019 | $1.41M | $4.11M | -$2.7M | 0.05% | 41.2M | +27.2% | |
| 2018 | $1.15M | $2.95M | -$1.8M | 0.06% | 32.4M | +17.0% | |
| 2017 | $1.11M | $2.39M | -$1.28M | 0.07% | 27.7M | +20.6% | |
| 2016 | $712K | $2.26M | -$1.55M | 0.06% | 23M | +27.1% | |
| 2015 | $0.00 | $1.99M | -$1.99M | — | 18.1M | +20.7% | |
| 2014 | $0.00 | $1.99M | -$1.99M | — | 15M | +13.7% | |
| 2013 | $0.00 | $1.81M | -$1.81M | — | 13.2M | +18.1% | |
| 2012 | $0.00 | $1.66M | -$1.66M | — | 11.1M | +15.0% | |
| 2011 | $0.00 | $1.36M | -$1.36M | — | 9.68M | -0.8% | |
| 2010 | $0.00 | $1.17M | -$1.17M | — | 9.76M | +15.9% | |
| 2009 | $0.00 | $1.18M | -$1.18M | — | 8.42M | +0.5% | |
| 2008 | $0.00 | $1.13M | -$1.13M | — | 8.38M | +8.6% | |
| 2007 | $0.00 | $0.00 | $0.00 | — | 7.72M | +1.0% | |
| 2006 | $0.00 | $0.00 | $0.00 | — | 7.64M | +1.8% | |
| 2005 | $127K | $0.00 | $127K | 0.06% | 7.5M | +16.0% | |
| 2004 | $170K | $0.00 | $170K | 0.07% | 6.46M | +22.8% | |
| 2003 | $0.00 | $0.00 | $0.00 | — | 5.26M | +18.2% | |
| 2002 | $0.00 | $0.00 | $0.00 | — | 4.45M | +0.8% | |
| 2001 | $0.00 | $0.00 | $0.00 | — | 4.42M | +0.2% | |
| 2000 | $56K | $0.00 | $56K | — | 4.41M | +1.1% | |
| 1999 | $0.00 | $0.00 | $0.00 | — | 4.36M | +0.0% | |
| 1998 | $0.00 | $0.00 | $0.00 | — | 4.36M | +18.1% | |
| 1997 | $0.00 | $0.00 | $0.00 | — | 3.69M | +39.2% | |
| 1996 | $0.00 | $0.00 | $0.00 | — | 2.65M | — | |
| 1995 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1994 | $0.00 | $0.00 | $0.00 | — | — | — |
- 2025$3.74M
- 2024$2.28M
- 2023$2.68M
- 2022$1.91M
- 2021$1.81M
- 2020$1.64M
- 2019$1.41M
- 2018$1.15M
- 2017$1.11M
- 2016$712K
- 2015$0.00
- 2014$0.00
- 2013$0.00
- 2012$0.00
- 2011$0.00
- 2010$0.00
- 2009$0.00
- 2008$0.00
- 2007$0.00
- 2006$0.00
- 2005$127K
- 2004$170K
- 2003$0.00
- 2002$0.00
- 2001$0.00
- 2000$56K
- 1999$0.00
- 1998$0.00
- 1997$0.00
- 1996$0.00
- 1995$0.00
- 1994$0.00
Buybacks vs stock-based compensation for Agree Realty (ADC)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 0.44×.
Buybacks vs dividends (share of cash returned) for Agree Realty (ADC)
How Agree Realty splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as Agree Realty, ranked by their latest buyback spend.
| $365M | |
| $227M | |
| $23.9M | |
| $0.00 | |
| $0.00 | |
| $0.00 | |
| $0.00 | |
| $0.00 |
- $365M
- $23.9M
- $0.00
- $0.00
- $0.00
- $0.00
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $169M (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation
How this company returns cash to shareholders — buybacks, dividends, and stock splits.