Agree Realty (ADC) Construction in Progress (2011 - 2026)
Agree Realty (ADC) reported Construction in Progress of $92.83 million for Q2 2026, up 49.3% from $62.17 million a year earlier and up 54.5% from the prior quarter.
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Analysis
Agree Realty (ADC) Construction in Progress (2011 - 2026) Analysis & Trends
At the end of FY2025, Agree Realty posted Construction in Progress of $62.69 million, up 12.3% from FY2024.
- Construction in Progress has a five-year compound annual growth rate of 42.5% (FY2020 to FY2025).
- By year, Construction in Progress came in at $55.81 million in FY2024 (+67.9%), $33.23 million in FY2023 (-49.6%), $65.93 million in FY2022 (+822.4%) and $7.15 million in FY2021 (-32.9%).
- The Q2 2026 figure ranks as the highest quarterly Construction in Progress in data going back to Q4 2011.
- Year over year, Construction in Progress has now increased in each of the last eight quarters, with growth averaging 34.3% over the last eight quarters.
- The high point for year-over-year Construction in Progress in five years was Q4 2022 (growth of 822.4%); the low point was Q4 2023 (a decline of 49.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $60.07 million (Q1 2026), $62.69 million (Q4 2025) and $64.05 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 167.95 Bn | 150.46 Bn | 1.39 Bn | 848.35 Mn |
| 2 | Prologis | 123.54 Bn | 127.93 Bn | - | - |
| 3 | Simon Property | 66.76 Bn | 68.02 Bn | - | - |
| 4 | Realty Income | 52.37 Bn | 54.76 Bn | - | - |
| 5 | Public Storage | 50.03 Bn | 49.11 Bn | - | 260.09 Mn |
| 6 | Ventas | 44.65 Bn | 43.84 Bn | - | 253.90 Mn |
| 7 | Extra Space Storage | 27.81 Bn | 27.81 Bn | 642.43 Mn | 126.22 Mn |
| 8 | Vici Properties | 25.53 Bn | 23.65 Bn | 1.05 Bn | 23.27 Mn |
| 9 | Vivmark Residential | 23.01 Bn | 23.20 Bn | - | 58.31 Mn |
| 10 | Agree Realty | 8.37 Bn | 8.31 Bn | - | 92.83 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 92.83 Mn |
| 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 |
API Access
Agree Realty Construction in Progress 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=construction-in-progress&ticker=ADC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "construction-in-progress", "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=construction-in-progress&ticker=ADC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();