Agree Realty (ADC-PA) Rent Expense (2010 - 2026)

Agree Realty (ADC-PA) recorded quarterly Rent Expense of $600000.0 in Q1 2026, up 20.0% on a QoQ basis from $500000.0 in Q4 2025, and up 20.0% year-over-year from $500000.0 in Q1 2025.

Agree Realty (ADC-PA) Rent Expense (2010 - 2026) Analysis & Trends

Agree Realty has disclosed Rent Expense across 17 years of filings, most recently posting $600000.0 for Q1 2026.

  • Quarterly Rent Expense rose 20.0% year-over-year to $600000.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.2 million (up 33.29% YoY) and the FY2025 annual result came in at $2.1 million, up 29.79% from the prior year.
  • Rent Expense rose to $600000.0 in Q1 2026, from $500000.0 in the prior quarter.
  • Over five years, Rent Expense peaked at $600000.0 in Q3 2025 and troughed at $364000.0 in Q4 2023.
  • A 5-year average of $444176.5 and a median of $404000.0 in 2022 frame the typical range for Rent Expense.
  • Annual changes were most pronounced in 2023 — Rent Expense dropped 9.9% — and 2025, when it jumped 42.52%.
  • Tracing ADC-PA's Rent Expense over 5 years: stood at $404000.0 in 2022, then retreated by 9.9% to $364000.0 in 2023, then rose by 0.82% to $367000.0 in 2024, then jumped by 36.24% to $500000.0 in 2025, then advanced by 20.0% to $600000.0 in 2026.
  • Business Quant data shows ADC-PA's Rent Expense at $600000.0 in Q1 2026, $500000.0 in Q4 2025, and $600000.0 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Rental Exp. (Qtr)
1 Simon Property 69.10 Bn 69.47 Bn 1.76 Bn -
2 Realty Income 55.47 Bn 56.16 Bn - -
3 Kimco Realty 16.50 Bn 16.53 Bn 447.43 Mn -
4 Regency Centers 14.37 Bn 14.49 Bn - -
5 Federal Realty Investment Trust 10.36 Bn 10.43 Bn 265.49 Mn -
6 Agree Realty 8.78 Bn 8.75 Bn - 600,000.00
7 Nnn Reit 8.49 Bn 8.49 Bn - -
8 Essential Properties Realty Trust 6.18 Bn 6.18 Bn - -
9 Macerich 6.10 Bn 5.91 Bn 158.29 Mn -
10 Agree Realty - - - 600,000.00

Historic Data

Download Data
DateValue
Mar 31, 2026 600,000.00
Mar 31, 2026 600,000.00
Dec 31, 2025 500,000.00
Dec 31, 2025 500,000.00
Sep 30, 2025 600,000.00
Sep 30, 2025 600,000.00
Jun 30, 2025 550,000.00
Jun 30, 2025 550,000.00
Mar 31, 2025 500,000.00
Mar 31, 2025 500,000.00
Dec 31, 2024 367,000.00
Dec 31, 2024 367,000.00
Sep 30, 2024 421,000.00
Sep 30, 2024 421,000.00
Jun 30, 2024 400,000.00
Jun 30, 2024 400,000.00
Mar 31, 2024 400,000.00
Mar 31, 2024 400,000.00
Dec 31, 2023 364,000.00
Dec 31, 2023 364,000.00