Net Income for Agree Realty (ADC)
According to Agree Realty's latest reported financial statements, the company's current net income (TTM) is $219.58M USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
ADC
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
$219.58M
YoY change
+8.0%
5Y CAGR
+17.5%
Peak year (2025)
$204.35M
Cumulative net income
$1.44B
Net Income history chart for Agree Realty (ADC) from 1994 to 2025
Net Income history table for Agree Realty (ADC) from 1994 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY |
|---|---|---|---|---|
| 2025 | $204.35M | +8.0% | ||
| 2024 | $189.20M | +11.3% | ||
| 2023 | $169.96M | +11.5% | ||
| 2022 | $152.44M | +24.7% | ||
| 2021 | $122.27M | +33.8% | ||
| 2020 | $91.38M | +14.1% | ||
| 2019 | $80.08M | +37.7% | ||
| 2018 | $58.17M | +0.1% | ||
| 2017 | $58.11M | +28.8% | ||
| 2016 | $45.12M | +15.6% | ||
| 2015 | $39.02M | +111.0% | ||
| 2014 | $18.49M | -6.0% | ||
| 2013 | $19.68M | +9.0% | ||
| 2012 | $18.05M | +89.0% | ||
| 2011 | $9.55M | -36.6% | ||
| 2010 | $15.07M | -16.3% | ||
| 2009 | $17.99M | +19.8% | ||
| 2008 | $15.02M | -3.0% | ||
| 2007 | $15.48M | +10.8% | ||
| 2006 | $13.97M | -12.9% | ||
| 2005 | $16.05M | +22.3% | ||
| 2004 | $13.12M | +25.3% | ||
| 2003 | $10.47M | +19.4% | ||
| 2002 | $8.77M | +8.8% | ||
| 2001 | $8.07M | +13.6% | ||
| 2000 | $7.10M | +4.3% | ||
| 1999 | $6.81M | +11.8% | ||
| 1998 | $6.09M | +16.6% | ||
| 1997 | $5.22M | +39.8% | ||
| 1996 | $3.73M | +16.7% | ||
| 1995 | $3.20M | +966.7% | ||
| 1994 | $300,000 | — |
Net Income values are taken from Agree Realty's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
In 2025, Agree Realty (ADC) net income totalled $204.35M – grew 8.0% year-over-year.
Across 2020–2025 (5 years), Agree Realty net income produced a CAGR of +17.5% – sustaining 11 straight years of year-over-year growth.
$204.35M stands as the all-time-high annual net income, posted in 2025, against a low of $300,000 during 1994.
Agree Realty (ADC) sits 9th of 8 Real Estate peers we track on this metric, against a peer median of $1.57B.
Agree Realty Net Income by Year
Agree Realty Net Income 2025: $204.35M
Agree Realty net income in 2025 was $204.35M, grew 8.0% from 2024. This figure represents the highest annual value in the available history.
Agree Realty Net Income 2024: $189.20M
Agree Realty net income in 2024 was $189.20M, grew 11.3% from 2023.
Agree Realty Net Income 2023: $169.96M
Agree Realty net income in 2023 was $169.96M, grew 11.5% from 2022.
Agree Realty Net Income 2022: $152.44M
Agree Realty net income in 2022 was $152.44M, grew 24.7% from 2021.
Agree Realty Net Income 2021: $122.27M
Agree Realty net income in 2021 was $122.27M.
See more financial history for Agree Realty (ADC).
Sector peers — Net Income
Companies in the same sector as Agree Realty, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| Simon Property Group, Inc. (SPG) | $4.61B | Real Estate |
| Prologis, Inc. (PLD) | $3.41B | Real Estate |
| American Tower Corporation (AMT) | $2.53B | Real Estate |
| Public Storage (PSA) | $1.78B | Real Estate |
| Equinix, Inc. (EQIX) | $1.35B | Real Estate |
| Digital Realty Trust, Inc. (DLR) | $1.31B | Real Estate |
| Realty Income Corporation (O) | $1.06B | Real Estate |
| Welltower Inc. (WELL) | $936.85M | Real Estate |
Frequently asked questions
What is Agree Realty's net income?
- Latest reported net income for Agree Realty (ADC) is $219.58M (period ending March 31, 2026).
How has Agree Realty net income changed year-over-year?
- Agree Realty (ADC) net income changed +8.0% year-over-year on the latest annual filing.
What is the long-term growth rate of Agree Realty net income?
- Agree Realty (ADC) net income compound annual growth rate is +17.5% over the most recent 5 years available.
When did Agree Realty net income hit its highest annual value?
- Agree Realty net income reached its highest annual value of $204.35M in 2025.
What was Agree Realty net income in 2024?
- Agree Realty (ADC) net income in 2024 was $189.20M.
What was Agree Realty net income in 2025?
- Agree Realty (ADC) net income in 2025 was $204.35M.
Metrics overview
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