TTM
$545M
YoY change
+16.2%
5Y CAGR
+23.8%
Peak year (FY2025)
$630M
Cumulative gross profit
$3.55B
Gross Profit history chart for Agree Realty (ADC) from 2016 to 2025
Latest: $630M
Gross Profit growth chart for Agree Realty (ADC) from 2016 to 2025
Latest: +16.2%
Gross Profit history table for Agree Realty (ADC) from 1994 to 2025
| FY2025 | $630M | +16.2% | +$88M | ||
| FY2024 | $542M | +15.2% | +$71.5M | ||
| FY2023 | $471M | +24.7% | +$93.2M | ||
| FY2022 | $378M | +26.6% | +$79.3M | ||
| FY2021 | $298M | +37.6% | +$81.4M | ||
| FY2020 | $217M | +32.2% | +$52.8M | ||
| FY2019 | $164M | +36.5% | +$43.9M | ||
| FY2018 | $120M | +21.3% | +$21.1M | ||
| FY2017 | $99.1M | +19.4% | +$16.1M | ||
| FY2016 | $82.9M | +30.4% | +$19.3M | ||
| FY2015 | $63.6M | +30.7% | +$14.9M | ||
| FY2014 | $48.6M | +22.0% | +$8.78M | ||
| FY2013 | $39.9M | +27.4% | +$8.56M | ||
| FY2012 | $31.3M | +16.8% | +$4.5M | ||
| FY2011 | $26.8M | +10.3% | +$2.49M | ||
| FY2010 | $24.3M | -20.4% | -$6.21M | ||
| FY2009 | $30.5M | -7.7% | -$2.56M | ||
| FY2008 | $33.1M | -4.0% | -$1.39M | ||
| FY2007 | $34.5M | — | +$34.5M | ||
| FY2006 | $0.00 | — | $0.00 | ||
| FY2005 | $0.00 | — | $0.00 | ||
| FY2004 | $0.00 | — | $0.00 | ||
| FY2003 | $0.00 | — | $0.00 | ||
| FY2002 | $0.00 | — | $0.00 | ||
| FY2001 | $0.00 | — | $0.00 | ||
| FY2000 | $0.00 | — | $0.00 | ||
| FY1999 | $0.00 | — | $0.00 | ||
| FY1998 | $0.00 | — | $0.00 | ||
| FY1997 | $0.00 | — | $0.00 | ||
| FY1996 | $0.00 | — | $0.00 | ||
| FY1995 | $0.00 | — | $0.00 | ||
| FY1994 | $0.00 | — | — |
- FY2025$630M+16.2%
- FY2024$542M+15.2%
- FY2023$471M+24.7%
- FY2022$378M+26.6%
- FY2021$298M+37.6%
- FY2020$217M+32.2%
- FY2019$164M+36.5%
- FY2018$120M+21.3%
- FY2017$99.1M+19.4%
- FY2016$82.9M+30.4%
- FY2015$63.6M+30.7%
- FY2014$48.6M+22.0%
- FY2013$39.9M+27.4%
- FY2012$31.3M+16.8%
- FY2011$26.8M+10.3%
- FY2010$24.3M-20.4%
- FY2009$30.5M-7.7%
- FY2008$33.1M-4.0%
- FY2007$34.5M—
- FY2006$0.00—
- FY2005$0.00—
- FY2004$0.00—
- FY2003$0.00—
- FY2002$0.00—
- FY2001$0.00—
- FY2000$0.00—
- FY1999$0.00—
- FY1998$0.00—
- FY1997$0.00—
- FY1996$0.00—
- FY1995$0.00—
- FY1994$0.00—
Gross Profit 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 Gross Profit at Agree Realty (ADC)
According to Agree Realty's latest reported financial statements, the company's current gross profit (TTM) is $545M. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
In 2025, Agree Realty (ADC) gross profit totalled $630M – grew 16.2% year-over-year.
Across 2020–2025 (5 years), Agree Realty gross profit produced a CAGR of +23.8% – sustaining 15 straight years of year-over-year growth.
2025 marks the peak gross profit at $630M, with the historical low of $0.00 recorded in 1994.
Agree Realty Gross Profit by Year
Agree Realty Gross Profit 2025: $630M
In 2025, Agree Realty reported gross profit of $630M, grew 16.2% from 2024. This figure represents the highest annual value in the available history.
Agree Realty Gross Profit 2024: $542M
Agree Realty gross profit in 2024 was $542M, grew 15.2% from 2023.
Agree Realty Gross Profit 2023: $471M
2023's gross profit for Agree Realty came in at $471M, grew 24.7% from 2022.
Agree Realty Gross Profit 2022: $378M
Agree Realty posted gross profit of $378M in 2022, grew 26.6% from 2021.
Agree Realty Gross Profit 2021: $298M
Agree Realty gross profit in 2021 was $298M.
See more financial history for Agree Realty (ADC).
Sector peers by Gross Profit
Real Estate peers of Agree Realty (ADC), ranked by their latest gross profit
| $7.84B | |
| $5.46B | |
| $5.24B | |
| $4.75B | |
| $4.18B | |
| $3.39B | |
| $1.2B | |
| -$344M |
- $7.84B
- $5.24B
- $4.75B
- $4.18B
- $1.2B
- -$344M
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