Agree Realty Corp (ADC-PA) Net Margin (2010 - 2026)
Agree Realty (ADC-PA) reported Net Margin of 31.09% for Q3 2026, up 3.66 percentage points from 27.43% a year earlier and up 5.35 percentage points from the prior quarter.
Powered by 
Analysis
Agree Realty Corp (ADC-PA) Net Margin (2010 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Agree Realty's Net Margin came in at 28.84%, up 1.81 percentage points year-over-year; for FY2025, it came in at 27.41%, down 2.04 percentage points from FY2024.
- Net Margin has declined for six consecutive years, with a five-year change of -9.35 percentage points (FY2020 to FY2025).
- By year, Net Margin came in at 29.45% in FY2024 (-0.78 pp), 30.24% in FY2023 (-3.50 pp), 33.74% in FY2022 (-1.67 pp) and 35.40% in FY2021 (-1.36 pp).
- The Q3 2026 figure ranks as the highest quarterly Net Margin since Q2 2024.
- Year over year, Net Margin gained in three of the last eight quarters, with an average year-over-year change of -0.79 percentage points.
- The high point for year-over-year Net Margin in five years was Q2 2022 (a gain of 5.46 percentage points); the low point was Q2 2025 (a drop of 7.68 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 25.74% (Q2 2026), 29.98% (Q1 2026) and 28.44% (Q4 2025).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 31.09% |
| Jun 30, 2026 | 25.74% |
| Mar 31, 2026 | 29.98% |
| Dec 31, 2025 | 28.44% |
| Sep 30, 2025 | 27.43% |
| Jun 30, 2025 | 26.97% |
| Mar 31, 2025 | 26.68% |
| Dec 31, 2024 | 26.99% |
| Sep 30, 2024 | 27.55% |
| Jun 30, 2024 | 34.65% |
| Mar 31, 2024 | 28.77% |
| Dec 31, 2023 | 30.59% |
| Sep 30, 2023 | 28.99% |
| Jun 30, 2023 | 30.03% |
| Mar 31, 2023 | 31.40% |
| Dec 31, 2022 | 33.52% |
| Sep 30, 2022 | 34.13% |
| Jun 30, 2022 | 32.53% |
| Mar 31, 2022 | 34.83% |
| Dec 31, 2021 | 34.23% |
API Access
Agree Realty Corp Net Margin 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=net-margin&ticker=ADC-PA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=ADC-PA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();