Agree Realty (ADC) Construction in Progress (2011 - 2026)
Agree Realty (ADC) recorded quarterly Construction in Progress of $60.1 million in Q1 2026, down 4.18% on a QoQ basis from $62.7 million in Q4 2025, and up 19.44% year-over-year from $50.3 million in Q1 2025.
Agree Realty (ADC) Construction in Progress (2011 - 2026) Analysis & Trends
Agree Realty has disclosed Construction in Progress across 16 years of filings, most recently posting $60.1 million for Q1 2026.
- Quarterly Construction in Progress rose 19.44% year-over-year to $60.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $60.1 million (up 19.44% YoY) and the FY2025 annual result came in at $62.7 million, up 12.34% from the prior year.
- Construction in Progress slipped to $60.1 million in Q1 2026, from $62.7 million in the prior quarter.
- Over five years, Construction in Progress peaked at $81.5 million in Q2 2023 and troughed at $33.2 million in Q4 2023.
- A 5-year average of $54.0 million and a median of $52.7 million in 2024 frame the typical range for Construction in Progress.
- Annual changes were most pronounced in 2022 — Construction in Progress surged 822.38% — and 2023, when it tumbled 49.6%.
- Tracing ADC's Construction in Progress over 5 years: stood at $65.9 million in 2022, then slumped by 49.6% to $33.2 million in 2023, then jumped by 67.93% to $55.8 million in 2024, then climbed by 12.34% to $62.7 million in 2025, then slipped by 4.18% to $60.1 million in 2026.
- Business Quant data shows ADC's Construction in Progress at $60.1 million in Q1 2026, $62.7 million in Q4 2025, and $64.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Simon Property | 69.18 Bn | 69.56 Bn | 1.76 Bn | - |
| 2 | Realty Income | 55.47 Bn | 56.16 Bn | - | - |
| 3 | Kimco Realty | 17.00 Bn | 17.03 Bn | 447.43 Mn | - |
| 4 | Regency Centers | 14.85 Bn | 14.97 Bn | - | - |
| 5 | Federal Realty Investment Trust | 10.68 Bn | 10.75 Bn | 265.49 Mn | 374.74 Mn |
| 6 | Agree Realty | 8.92 Bn | 8.90 Bn | - | 60.07 Mn |
| 7 | Nnn Reit | 8.68 Bn | 8.68 Bn | - | - |
| 8 | Essential Properties Realty Trust | 6.37 Bn | 6.38 Bn | - | 57.20 Mn |
| 9 | Macerich | 6.30 Bn | 6.10 Bn | 158.29 Mn | - |
| 10 | Kite Realty Group Trust | 6.26 Bn | 6.38 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 60.07 Mn |
| Dec 31, 2025 | 62.69 Mn |
| Sep 30, 2025 | 64.05 Mn |
| Jun 30, 2025 | 62.17 Mn |
| Mar 31, 2025 | 50.29 Mn |
| Dec 31, 2024 | 55.81 Mn |
| Sep 30, 2024 | 52.75 Mn |
| Jun 30, 2024 | 44.84 Mn |
| Mar 31, 2024 | 42.11 Mn |
| Dec 31, 2023 | 33.23 Mn |
| Sep 30, 2023 | 36.11 Mn |
| Jun 30, 2023 | 81.53 Mn |
| Mar 31, 2023 | 73.12 Mn |
| Dec 31, 2022 | 65.93 Mn |
| Sep 30, 2022 | 50.69 Mn |
| Jun 30, 2022 | 43.05 Mn |
| Mar 31, 2022 | 39.22 Mn |
| Dec 31, 2021 | 7.15 Mn |
| Sep 30, 2021 | 7.73 Mn |
| Jun 30, 2021 | 6.20 Mn |