Agree Realty Corp (ADC-PA) Income before Taxes (2010 - 2026)
Agree Realty (ADC-PA) reported EBT of $68.58 million for Q3 2026, up 31.8% from $52.05 million a year earlier and up 24.6% from the prior quarter.
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Analysis
Agree Realty Corp (ADC-PA) Income before Taxes (2010 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Agree Realty's EBT came in at $242.26 million, up 23.6% year-over-year; for FY2025, it was $205.78 million, up 6.4% from FY2024.
- EBT has increased for 15 consecutive years, with a five-year compound annual growth rate of 17.2% (FY2020 to FY2025).
- By year, EBT came in at $193.34 million in FY2024 (+11.6%), $173.27 million in FY2023 (+12.0%), $154.65 million in FY2022 (+10.6%) and $139.89 million in FY2021 (+50.4%).
- The Q3 2026 figure ranks as the highest quarterly EBT in data going back to Q2 2010.
- Year over year, EBT has now increased in each of the last five quarters, with growth averaging 12.6% over the last eight quarters.
- The high point for year-over-year EBT in five years was Q4 2021 (growth of 40.8%); the low point was Q2 2025 (a decline of 10.5%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $55.03 million (Q2 2026), $62.58 million (Q1 2026) and $56.07 million (Q4 2025).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 68.58 Mn |
| Jun 30, 2026 | 55.03 Mn |
| Mar 31, 2026 | 62.58 Mn |
| Dec 31, 2025 | 56.07 Mn |
| Sep 30, 2025 | 52.05 Mn |
| Jun 30, 2025 | 49.73 Mn |
| Mar 31, 2025 | 47.93 Mn |
| Dec 31, 2024 | 46.24 Mn |
| Sep 30, 2024 | 45.50 Mn |
| Jun 30, 2024 | 55.55 Mn |
| Mar 31, 2024 | 46.05 Mn |
| Dec 31, 2023 | 46.81 Mn |
| Sep 30, 2023 | 42.27 Mn |
| Jun 30, 2023 | 41.68 Mn |
| Mar 31, 2023 | 42.51 Mn |
| Dec 31, 2022 | 40.65 Mn |
| Sep 30, 2022 | 40.17 Mn |
| Jun 30, 2022 | 36.83 Mn |
| Mar 31, 2022 | 37.01 Mn |
| Dec 31, 2021 | 33.82 Mn |
API Access
Agree Realty Corp Income before Taxes 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=income-before-taxes&ticker=ADC-PA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "income-before-taxes", "ticker": "ADC-PA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=income-before-taxes&ticker=ADC-PA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();