Agree Realty (ADC) Consolidated Net Income (2010 - 2026)
Agree Realty (ADC) recorded Consolidated Net Income of $68.54 million in Q3 2026, up 31.1% from $52.28 million a year earlier and up 25.1% from the prior quarter.
Agree Realty (ADC) Consolidated Net Income (2010 - 2026) Analysis & Trends
On a TTM basis, Agree Realty's Consolidated Net Income came in at $241.79 million as of Sep 30, 2026, up 24.5% year-over-year; for FY2025, it was $204.99 million, up 8.0% from FY2024.
- Annual Consolidated Net Income has increased for seven straight years, with a five-year compound annual growth rate of 17.4% (FY2020 to FY2025).
- Across earlier years, Consolidated Net Income came in at $189.83 million in FY2024 (+11.3%), $170.55 million in FY2023 (+11.4%), $153.04 million in FY2022 (+24.5%) and $122.88 million in FY2021 (+33.6%).
- The Q3 2026 figure is the highest quarterly Consolidated Net Income in data going back to Q2 2010.
- On a year-over-year basis, Consolidated Net Income has increased for five consecutive quarters, with growth averaging 13.6% over the last eight quarters.
- Peak year-over-year performance for Consolidated Net Income in the last five years was growth of 60.9% in Q2 2022, against a decline of 10.1% in Q2 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $54.81 million (Q2 2026), $62.23 million (Q1 2026) and $56.21 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 179.03 Bn | 165.05 Bn | 1.47 Bn | 414.82 Mn |
| 2 | Prologis | 123.12 Bn | 117.08 Bn | - | 879.90 Mn |
| 3 | Simon Property | 75.49 Bn | 71.55 Bn | - | 574.13 Mn |
| 4 | Public Storage | 62.37 Bn | 61.09 Bn | - | 378.35 Mn |
| 5 | Realty Income | 56.23 Bn | 54.51 Bn | - | 432.14 Mn |
| 6 | Ventas | 46.05 Bn | 44.73 Bn | - | 67.28 Mn |
| 7 | Extra Space Storage | 33.71 Bn | 32.62 Bn | 650.96 Mn | 259.45 Mn |
| 8 | Vici Properties | 27.71 Bn | 26.06 Bn | 1.06 Bn | 346.85 Mn |
| 9 | Vivmark Residential | 24.79 Bn | 24.57 Bn | - | 117.74 Mn |
| 10 | Agree Realty | 8.73 Bn | 8.60 Bn | - | 68.54 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 68.54 Mn |
| Jun 30, 2026 | 54.81 Mn |
| Mar 31, 2026 | 62.23 Mn |
| Dec 31, 2025 | 56.21 Mn |
| Sep 30, 2025 | 52.28 Mn |
| Jun 30, 2025 | 49.35 Mn |
| Mar 31, 2025 | 47.15 Mn |
| Dec 31, 2024 | 45.38 Mn |
| Sep 30, 2024 | 44.53 Mn |
| Jun 30, 2024 | 54.91 Mn |
| Mar 31, 2024 | 45.01 Mn |
| Dec 31, 2023 | 46.10 Mn |
| Sep 30, 2023 | 41.66 Mn |
| Jun 30, 2023 | 41.02 Mn |
| Mar 31, 2023 | 41.77 Mn |
| Dec 31, 2022 | 41.04 Mn |
| Sep 30, 2022 | 39.58 Mn |
| Jun 30, 2022 | 36.13 Mn |
| Mar 31, 2022 | 36.29 Mn |
| Dec 31, 2021 | 33.31 Mn |
Agree Realty Consolidated Net Income 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=consolidated-net-income&ticker=ADC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "consolidated-net-income", "ticker": "ADC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=consolidated-net-income&ticker=ADC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();