Agree Realty (ADC) Construction in Progress (2011 - 2026)

Agree Realty's (ADC) quarterly Construction in Progress came in at $92.8 million in Q2 2026, up 49.33% YoY from $62.2 million in Q2 2025, and up 54.54% on a QoQ basis from $60.1 million in Q1 2026.

Agree Realty (ADC) Construction in Progress (2011 - 2026) Analysis & Trends

Agree Realty (ADC) has 16 years of Construction in Progress data on file, last reported at $92.8 million in Q2 2026.

  • Quarterly Construction in Progress rose 49.33% year-over-year to $92.8 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $92.8 million (up 49.33% YoY) and the FY2025 annual result came in at $62.7 million, up 12.34% from the prior year.
  • Construction in Progress grew to $92.8 million in Q2 2026, from $60.1 million in the prior quarter.
  • In the past five years, Construction in Progress ranged from a high of $92.8 million in Q2 2026 to a low of $33.2 million in Q4 2023.
  • A 5-year average of $56.1 million and a median of $54.3 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 plunged by 49.6% to $33.2 million in 2023, then surged by 67.93% to $55.8 million in 2024, then gained by 12.34% to $62.7 million in 2025, then surged by 48.08% to $92.8 million in 2026.
  • The last three Construction in Progress figures came in at $92.8 million (Q2 2026), $60.1 million (Q1 2026), and $62.7 million (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Construction in Progress (Qtr)
1 Simon Property 72.53 Bn 72.53 Bn 1.76 Bn -
2 Realty Income 57.91 Bn 57.91 Bn - -
3 Kimco Realty 16.14 Bn 16.14 Bn 455.67 Mn -
4 Federal Realty Investment Trust 10.07 Bn 10.07 Bn 271.22 Mn 329.80 Mn
5 Agree Realty 8.87 Bn 8.86 Bn - 92.83 Mn
6 Nnn Reit 8.69 Bn 8.69 Bn - -
7 Macerich 6.68 Bn 6.68 Bn 171.77 Mn -
8 Essential Properties Realty Trust 6.54 Bn 6.54 Bn - 39.08 Mn
9 Kite Realty Group Trust 5.30 Bn 5.30 Bn - -
10 Phillips Edison & Company 5.02 Bn 5.02 Bn - -

Historic Data

Download Data
DateValue
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