Agree Realty Corp (ADC-PA) Operating Margin (2010 - 2026)
Agree Realty (ADC-PA) posted Operating Margin of 51.23% for Q3 2026, up 3.61 percentage points from 47.63% a year earlier and up 4.76 percentage points from the prior quarter.
Powered by 
Analysis
Agree Realty Corp (ADC-PA) Operating Margin (2010 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Operating Margin at Agree Realty was 48.86%, up 1.91 percentage points year-over-year; for FY2025, it was 47.38%, down 1.60 percentage points from FY2024.
- Annual Operating Margin shows a five-year change of -6.18 percentage points (FY2020 to FY2025).
- In prior years, Agree Realty's Operating Margin was 48.98% in FY2024 (+1.65 pp), 47.33% in FY2023 (-3.41 pp), 50.74% in FY2022 (-5.33 pp) and 56.07% in FY2021 (+2.51 pp).
- The Q3 2026 figure stands as the highest quarterly Operating Margin since Q2 2024.
- On a year-over-year basis, Operating Margin increased in three of the last eight quarters, with an average year-over-year change of -0.23 percentage points.
- The strongest year-over-year quarter for Operating Margin in the past five years was Q2 2024, with a gain of 6.28 percentage points; the weakest was Q2 2022, with a drop of 10.80 percentage points.
- According to Business Quant data, Operating Margin for the three prior quarters was 46.47% (Q2 2026), 49.08% (Q1 2026) and 48.52% (Q4 2025).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 51.23% |
| Jun 30, 2026 | 46.47% |
| Mar 31, 2026 | 49.08% |
| Dec 31, 2025 | 48.52% |
| Sep 30, 2025 | 47.63% |
| Jun 30, 2025 | 46.72% |
| Mar 31, 2025 | 46.52% |
| Dec 31, 2024 | 46.87% |
| Sep 30, 2024 | 48.24% |
| Jun 30, 2024 | 53.72% |
| Mar 31, 2024 | 47.17% |
| Dec 31, 2023 | 47.98% |
| Sep 30, 2023 | 46.10% |
| Jun 30, 2023 | 47.44% |
| Mar 31, 2023 | 47.79% |
| Dec 31, 2022 | 49.34% |
| Sep 30, 2022 | 52.07% |
| Jun 30, 2022 | 49.91% |
| Mar 31, 2022 | 51.80% |
| Dec 31, 2021 | 51.34% |
API Access
Agree Realty Corp Operating 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=operating-margin&ticker=ADC-PA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=ADC-PA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();