TTM
$613.29M
YoY change
+13.6%
5Y CAGR
+23.4%
Peak year (2025)
$617.06M
Cumulative EBITDA
$3.71B
EBITDA history chart for Agree Realty (ADC) from 1994 to 2025
Latest: $617.06M
EBITDA growth chart for Agree Realty (ADC) from 1994 to 2025
Latest: +13.6%
EBITDA history table for Agree Realty (ADC) from 1994 to 2025
| 2025 | $617.06M | +13.6% | +$73.79M | ||
| 2024 | $543.26M | +17.1% | +$79.32M | ||
| 2023 | $463.95M | +20.1% | +$77.71M | ||
| 2022 | $386.24M | +30.6% | +$90.57M | ||
| 2021 | $295.67M | +37.0% | +$79.87M | ||
| 2020 | $215.80M | +33.3% | +$53.90M | ||
| 2019 | $161.90M | +36.0% | +$42.88M | ||
| 2018 | $119.02M | +25.7% | +$24.31M | ||
| 2017 | $94.71M | +26.2% | +$19.64M | ||
| 2016 | $75.07M | +32.6% | +$18.47M | ||
| 2015 | $56.60M | +34.7% | +$14.59M | ||
| 2014 | $42.01M | +23.0% | +$7.85M | ||
| 2013 | $34.16M | +27.1% | +$7.28M | ||
| 2012 | $26.88M | +16.4% | +$3.79M | ||
| 2011 | $23.09M | +9.0% | +$1.91M | ||
| 2010 | $21.19M | -20.3% | −$5.41M | ||
| 2009 | $26.59M | -1.6% | −$428.44K | ||
| 2008 | $27.02M | +4.4% | +$1.14M | ||
| 2007 | $25.88M | +4.3% | +$1.07M | ||
| 2006 | $24.81M | +7.2% | +$1.66M | ||
| 2005 | $23.15M | +5.9% | +$1.28M | ||
| 2004 | $21.87M | +10.4% | +$2.06M | ||
| 2003 | $19.81M | -37.2% | −$11.76M | ||
| 2002 | $31.57M | +4.4% | +$1.32M | ||
| 2001 | $30.25M | +40.2% | +$8.67M | ||
| 2000 | $21.58M | -34.0% | −$11.12M | ||
| 1999 | $32.70M | +11.2% | +$3.30M | ||
| 1998 | $29.40M | +8.1% | +$2.20M | ||
| 1997 | $27.20M | +107.5% | +$14.09M | ||
| 1996 | $13.11M | -37.6% | −$7.89M | ||
| 1995 | $21.00M | +40.0% | +$6.00M | ||
| 1994 | $15.00M | — | — |
- 2025$617.06M+13.6%
- 2024$543.26M+17.1%
- 2023$463.95M+20.1%
- 2022$386.24M+30.6%
- 2021$295.67M+37.0%
- 2020$215.80M+33.3%
- 2019$161.90M+36.0%
- 2018$119.02M+25.7%
- 2017$94.71M+26.2%
- 2016$75.07M+32.6%
- 2015$56.60M+34.7%
- 2014$42.01M+23.0%
- 2013$34.16M+27.1%
- 2012$26.88M+16.4%
- 2011$23.09M+9.0%
- 2010$21.19M-20.3%
- 2009$26.59M-1.6%
- 2008$27.02M+4.4%
- 2007$25.88M+4.3%
- 2006$24.81M+7.2%
- 2005$23.15M+5.9%
- 2004$21.87M+10.4%
- 2003$19.81M-37.2%
- 2002$31.57M+4.4%
- 2001$30.25M+40.2%
- 2000$21.58M-34.0%
- 1999$32.70M+11.2%
- 1998$29.40M+8.1%
- 1997$27.20M+107.5%
- 1996$13.11M-37.6%
- 1995$21.00M+40.0%
- 1994$15.00M—
EBITDA values are taken from Agree Realty's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About EBITDA at Agree Realty (ADC)
According to Agree Realty's latest reported financial statements, the company's current EBITDA (TTM) is $613.29M. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Agree Realty (ADC) most recent annual EBITDA stands at $617.06M (2025) – grew 13.6% year-over-year.
Agree Realty EBITDA compound annual growth for the 2020–2025 (5 years) window is +23.4%, sustaining 15 straight years of year-over-year growth.
The highest annual EBITDA of $617.06M was reported in 2025. The lowest in the available history was $13.11M in 1996.
Agree Realty EBITDA by Year
Agree Realty EBITDA 2025: $617.06M
In 2025, Agree Realty reported EBITDA of $617.06M, grew 13.6% from 2024. This figure represents the highest annual value in the available history.
Agree Realty EBITDA 2024: $543.26M
Agree Realty EBITDA in 2024 was $543.26M, grew 17.1% from 2023.
Agree Realty EBITDA 2023: $463.95M
2023's EBITDA for Agree Realty came in at $463.95M, grew 20.1% from 2022.
Agree Realty EBITDA 2022: $386.24M
Agree Realty posted EBITDA of $386.24M in 2022, surged 30.6% from 2021.
Agree Realty EBITDA 2021: $295.67M
Agree Realty EBITDA in 2021 was $295.67M.
See more financial history for Agree Realty (ADC).
Sector peers by EBITDA
Real Estate peers of Agree Realty (ADC), ranked by their latest EBITDA
| $7.86B | |
| $7.20B | |
| $6.12B | |
| $4.07B | |
| $3.59B | |
| $3.55B | |
| $3.25B | |
| $2.31B |
- $7.20B
- $6.12B
- $4.07B
- $3.55B
- $3.25B
- $2.31B
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