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
DateValue
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