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Operating Income for Agree Realty (ADC)

Latest filings through · Reported

Metric
Profitability

TTM

$360.25M

YoY change

+12.6%

5Y CAGR

+20.7%

Peak year (2025)

$340.39M

Operating Income history chart for Agree Realty (ADC) from 1994 to 2025

Latest: $340.39M

Operating Income growth chart for Agree Realty (ADC) from 1994 to 2025

Latest: +12.6%

Operating Income history table for Agree Realty (ADC) from 1994 to 2025

  • 2025$340.39M+12.6%
  • 2024$302.24M+18.8%
  • 2023$254.39M+16.6%
  • 2022$218.09M+14.6%
  • 2021$190.27M+42.9%
  • 2020$133.13M+16.4%
  • 2019$114.39M+56.7%
  • 2018$73.01M+16.0%
  • 2017$62.96M+21.9%
  • 2016$51.66M+28.8%
  • 2015$40.11M+43.8%
  • 2014$27.89M+9.7%
  • 2013$25.42M+31.2%
  • 2012$19.37M+26.4%
  • 2011$15.33M+74.1%
  • 2010$8.81M-57.2%
  • 2009$20.59M-4.0%
  • 2008$21.46M+3.8%
  • 2007$20.68M+4.3%
  • 2006$19.82M+8.9%
  • 2005$18.21M+3.3%
  • 2004$17.62M+17.5%
  • 2003$14.99M-4.0%
  • 2002$15.62M+3.4%
  • 2001$15.10M+2.7%
  • 2000$14.71M+8.5%
  • 1999$13.56M+9.5%
  • 1998$12.38M+7.1%
  • 1997$11.56M+14.7%
  • 1996$10.08M-45.2%
  • 1995$18.40M+41.5%
  • 1994$13.00M—

Operating Income 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 Operating Income at Agree Realty (ADC)

According to Agree Realty's latest reported financial statements, the company's current operating income (TTM) is $360.25M. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

As of the 2025 fiscal year, Agree Realty (ADC) reported operating income of $340.39M – grew 12.6% year-over-year.

Across 2020–2025 (5 years), Agree Realty operating income produced a CAGR of +20.7% – sustaining 15 straight years of year-over-year growth.

2025 marks the peak operating income at $340.39M, with the historical low of $8.81M recorded in 2010.

Agree Realty Operating Income by Year

Agree Realty Operating Income 2025: $340.39M

In 2025, Agree Realty reported operating income of $340.39M, grew 12.6% from 2024. This figure represents the highest annual value in the available history.

Agree Realty Operating Income 2024: $302.24M

Agree Realty operating income in 2024 was $302.24M, grew 18.8% from 2023.

Agree Realty Operating Income 2023: $254.39M

2023's operating income for Agree Realty came in at $254.39M, grew 16.6% from 2022.

Agree Realty Operating Income 2022: $218.09M

Agree Realty posted operating income of $218.09M in 2022, grew 14.6% from 2021.

Agree Realty Operating Income 2021: $190.27M

Agree Realty operating income in 2021 was $190.27M.

See more financial history for Agree Realty (ADC).

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Real Estate peers of Agree Realty (ADC), ranked by their latest operating income

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