Agree Realty Corp (ADC-PA) Operating Margin (2010 - 2026)

Agree Realty (ADC-PA) has reported Operating Margin for 17 consecutive years, with 46.47% the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Operating Margin fell 25.0% year-over-year to 46.47%; the trailing twelve-month figure through Jun 2026 stood at 47.92% (up 86.0% YoY), and the FY2025 full-year result was 47.38%, down 160.0% from the prior year.
• Operating Margin declined to 46.47% in Q2 2026 per ADC-PA's latest filing, from 49.08% in the prior quarter.
• Across five years, Operating Margin topped out at 53.72% in Q2 2024 and bottomed at 46.1% in Q3 2023.
• Historically, Operating Margin has averaged 48.52% across 5 years, with a median of 47.89% in 2023.
• The sharpest annual moves came in 2022 and 2024: Operating Margin sank 1080 bps in 2022, then jumped 628 bps in 2024.
• Over 5 years, Operating Margin stood at 49.34% in 2022, then slipped by 3 bps to 47.98% in 2023, then slipped by 2 bps to 46.87% in 2024, then increased by 4 bps to 48.52% in 2025, then dropped by 4 bps to 46.47% in 2026.
• According to Business Quant data, Operating Margin over the past three periods registered 46.47%, 49.08%, and 48.52% for Q2 2026, Q1 2026, and Q4 2025 respectively.