Adamas Trust (ADAM) Total Non-Current Liabilities (2010 - 2026)
Adamas Trust (ADAM) recorded Total Non-Current Liabilities of $11.32 billion in Q2 2026, up 25.4% from $9.02 billion a year earlier and up 1.5% from the prior quarter.
Adamas Trust (ADAM) Total Non-Current Liabilities (2010 - 2026) Analysis & Trends
At the end of FY2025, Adamas Trust reported Total Non-Current Liabilities of $11.01 billion, up 43.5% from FY2024.
- Annual Total Non-Current Liabilities has increased for five straight years, with a five-year compound annual growth rate of 37.4% (FY2020 to FY2025).
- Across earlier years, Total Non-Current Liabilities came in at $7.67 billion in FY2024 (+35.0%), $5.68 billion in FY2023 (+31.4%), $4.32 billion in FY2022 (+38.1%) and $3.13 billion in FY2021 (+39.4%).
- The Q2 2026 figure is the highest quarterly Total Non-Current Liabilities since Q4 2019.
- On a year-over-year basis, Total Non-Current Liabilities has increased for 12 consecutive quarters, with growth averaging 38.0% over the last eight quarters.
- Peak year-over-year performance for Total Non-Current Liabilities in the last five years was growth of 119.6% in Q2 2022, against a decline of 9.7% in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $11.15 billion (Q1 2026), $11.01 billion (Q4 2025) and $10.84 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Non-Current Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.90 Bn | 29.58 Bn | - | - |
| 2 | Orix | 42.96 Bn | 43.46 Bn | - | 77.86 Bn |
| 3 | Royalty Pharma | 33.48 Bn | 33.39 Bn | - | 9.32 Bn |
| 4 | Federal National Mortgage Association Fannie Mae | 23.94 Bn | 23.94 Bn | - | 4,200.68 Bn |
| 5 | Affirm Holdings | 23.37 Bn | 17.06 Bn | - | 10.25 Bn |
| 6 | Synchrony Financial | 23.31 Bn | -44.66 Bn | - | 105.01 Bn |
| 7 | Royal Gold | 20.23 Bn | 19.45 Bn | 390.45 Mn | 1.76 Bn |
| 8 | Annaly Capital Management | 15.24 Bn | 6.34 Bn | - | 126.51 Bn |
| 9 | Ares Capital | 13.90 Bn | 11.34 Bn | - | 16.51 Bn |
| 10 | Adamas Trust | 712.75 Mn | -107.09 Mn | - | 11.32 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.32 Bn |
| Mar 31, 2026 | 11.15 Bn |
| Dec 31, 2025 | 11.01 Bn |
| Sep 30, 2025 | 10.84 Bn |
| Jun 30, 2025 | 9.02 Bn |
| Mar 31, 2025 | 8.43 Bn |
| Dec 31, 2024 | 7.67 Bn |
| Sep 30, 2024 | 7.31 Bn |
| Jun 30, 2024 | 6.66 Bn |
| Mar 31, 2024 | 5.84 Bn |
| Dec 31, 2023 | 5.68 Bn |
| Sep 30, 2023 | 5.23 Bn |
| Jun 30, 2023 | 4.46 Bn |
| Mar 31, 2023 | 4.31 Bn |
| Dec 31, 2022 | 4.32 Bn |
| Sep 30, 2022 | 4.62 Bn |
| Jun 30, 2022 | 4.94 Bn |
| Mar 31, 2022 | 4.10 Bn |
| Dec 31, 2021 | 3.13 Bn |
| Sep 30, 2021 | 2.43 Bn |
Adamas Trust Total Non-Current Liabilities API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=total-non-current-liabilities&ticker=ADAM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-non-current-liabilities", "ticker": "ADAM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=total-non-current-liabilities&ticker=ADAM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();