How many employees does Agree Realty (ADC) have?

Agree Realty reported 90 full-time equivalent employees in its most recent annual filing (fiscal year 2025).

How has Agree Realty's headcount changed year over year?

Agree Realty's reported headcount grew by +20.0% versus the prior fiscal year.

What is Agree Realty's employee growth rate?

Between fiscal years 1996 and 2025, Agree Realty's headcount changed at a compound annual growth rate (CAGR) of +12.4% per year.

How much revenue does Agree Realty generate per employee?

In its most recent annual period, Agree Realty generated roughly $8M of revenue per employee. This is derived by dividing annual revenue by reported headcount and is shown only for companies that report in US dollars.

Where does Agree Realty's employee count data come from?

Headcount figures are taken from Agree Realty's annual reports (10-K, or 20-F/40-F for foreign filers) and periodic company filings. Annual filings drive the snapshot, chart, year-over-year change, and CAGR; interim filings are listed in the full history table.

Agree Realty (ADC) Employee Count & Headcount History

Latest headcount

Fiscal year 2025

YoY change

+20.0%

vs. prior fiscal year

Headcount CAGR

+12.4%

Per year, full history

Revenue / employee

$8M

Latest annual period

Employee count history for Agree Realty

Agree Realty employee count by fiscal year
Fiscal year	Employees
1996	3
2002	8
2003	8
2004	7
2005	8
2006	8
2007	10
2008	11
2009	10
2010	11
2011	13
2012	14
2013	14
2014	14
2015	20
2016	24
2017	32
2018	36
2019	41
2020	49
2021	57
2022	76
2023	72
2024	75
2025	90

Revenue per employee for Agree Realty

Annual revenue divided by reported headcount, normalized to US dollars.

Agree Realty revenue per employee by fiscal year (USD)
Fiscal year	Revenue per employee (USD)
1996	$5.4M
2002	$2.9M
2003	$3.3M
2004	$4.1M
2005	$3.9M
2006	$4.1M
2007	$3.4M
2008	$3.2M
2009	$3.4M
2010	$2.5M
2011	$2.3M
2012	$2.5M
2013	$3.1M
2014	$3.8M
2015	$3.5M
2016	$3.8M
2017	$3.5M
2018	$3.8M
2019	$4.6M
2020	$5.1M
2021	$6M
2022	$5.7M
2023	$7.5M
2024	$8.2M
2025	$8M

Earnings per employee for Agree Realty

Annual net income divided by reported headcount, normalized to US dollars; years with a net loss dip below zero.

Agree Realty earnings (net income) per employee by fiscal year (USD)
Fiscal year	Earnings per employee (USD)
1996	$1.2M
2002	$1.1M
2003	$1.3M
2004	$1.9M
2005	$2M
2006	$1.7M
2007	$1.5M
2008	$1.4M
2009	$1.8M
2010	$1.4M
2011	$734.7K
2012	$1.3M
2013	$1.4M
2014	$1.3M
2015	$2M
2016	$1.9M
2017	$1.8M
2018	$1.6M
2019	$2M
2020	$1.9M
2021	$2.1M
2022	$2M
2023	$2.4M
2024	$2.5M
2025	$2.3M

Employee count history for Agree Realty (ADC)

Annual figures come from annual reports (10-K, or 20-F/40-F for foreign filers); interim rows reflect headcount disclosed in periodic filings. Year-over-year change compares each filing with the prior year's equivalent. Revenue and earnings per employee are annual figures normalized to US dollars.

Agree Realty (ADC) employee count filing history
						Filing
2025	90	+20.0%	+15	$8M	$2.3M	10-K	Dec 31, 2025	Feb 10, 2026
2024	75	+4.2%	+3	$8.2M	$2.5M	10-K	Dec 31, 2024	Feb 11, 2025
2023	72	-5.3%	-4	$7.5M	$2.4M	10-K	Dec 31, 2023	Feb 13, 2024
2022	76	+33.3%	+19	$5.7M	$2M	10-K	Dec 31, 2022	Feb 14, 2023
2021	57	+16.3%	+8	$6M	$2.1M	10-K	Dec 31, 2021	Feb 22, 2022
2020	49	+19.5%	+8	$5.1M	$1.9M	10-K	Dec 31, 2020	Feb 18, 2021
2019	41	+13.9%	+5	$4.6M	$2M	10-K	Dec 31, 2019	Feb 20, 2020
2018	36	+12.5%	+4	$3.8M	$1.6M	10-K	Dec 31, 2018	Feb 21, 2019
2017	32	+33.3%	+8	$3.5M	$1.8M	10-K	Dec 31, 2017	Feb 22, 2018
2016	24	+20.0%	+4	$3.8M	$1.9M	10-K	Dec 31, 2016	Feb 23, 2017
2015	20	+42.9%	+6	$3.5M	$2M	10-K	Dec 31, 2015	Mar 11, 2016
2014	14	0.0%	0	$3.8M	$1.3M	10-K	Dec 31, 2014	Mar 6, 2015
2013	14	0.0%	0	$3.1M	$1.4M	10-K	Dec 31, 2013	Mar 7, 2014
2012	14	+7.7%	+1	$2.5M	$1.3M	10-K	Dec 31, 2012	Mar 11, 2013
2011	13	+18.2%	+2	$2.3M	$734.7K	10-K	Dec 31, 2011	Mar 12, 2012
2010	11	+10.0%	+1	$2.5M	$1.4M	10-K	Dec 31, 2010	Mar 15, 2011
2009	10	-9.1%	-1	$3.4M	$1.8M	10-K	Dec 31, 2009	Mar 12, 2010
2008	11	+10.0%	+1	$3.2M	$1.4M	10-K	Dec 31, 2008	Mar 13, 2009
2007	10	+25.0%	+2	$3.4M	$1.5M	10-K	Dec 31, 2007	Mar 13, 2008
2006	8	0.0%	0	$4.1M	$1.7M	10-K	Dec 31, 2006	Mar 14, 2007
2005	8	+14.3%	+1	$3.9M	$2M	10-K	Dec 31, 2005	Mar 16, 2006
2004	7	-12.5%	-1	$4.1M	$1.9M	10-K	Dec 31, 2004	Mar 15, 2005
2003	8	0.0%	0	$3.3M	$1.3M	10-K	Dec 31, 2003	Mar 15, 2004
2002	8	—	—	$2.9M	$1.1M	10-K	Dec 31, 2002	Mar 24, 2003
1996	3	—	—	$5.4M	$1.2M	10-K	Dec 31, 1996	Mar 28, 1997

202590+20.0%
202475+4.2%
202372-5.3%
202276+33.3%
202157+16.3%
202049+19.5%
201941+13.9%
201836+12.5%
201732+33.3%
201624+20.0%
201520+42.9%
2014140.0%
2013140.0%
201214+7.7%
201113+18.2%
201011+10.0%
200910-9.1%
200811+10.0%
200710+25.0%
200680.0%
20058+14.3%
20047-12.5%
200380.0%
20028—
19963—

About Agree Realty's employee count

Agree Realty (ADC) employed 90 people in fiscal year 2025, based on its most recent annual report. That headcount grew by +15 (+20.0%) from 75 a year earlier.

Across the 1996–2025 period, the company's reported workforce went from 3 to 90 employees — a compound annual growth rate (CAGR) of +12.4% per year.

Agree Realty generated about $8M of revenue and $2.3M of net income per employee in its latest annual period. Revenue and earnings per employee gauge how efficiently a company turns headcount into output, and are most telling when tracked over time or compared with peers in the same industry.

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