Agree Realty (ADC) Depreciation Expense (2011 - 2018)

Agree Realty has disclosed Depreciation Expense across 8 years of filings, most recently posting $6.2 million for Q3 2018.

• Quarterly Depreciation Expense rose 20.41% year-over-year to $6.2 million in Q3 2018, while the trailing twelve-month figure through Sep 2018 was $23.0 million (up 23.26% YoY) and the FY2017 annual result came in at $19.6 million, up 28.23% from the prior year.
• Depreciation Expense advanced to $6.2 million in Q3 2018, from $6.0 million in the prior quarter.
• Over five years, Depreciation Expense peaked at $6.2 million in Q3 2018 and troughed at $2.0 million in Q1 2014.
• A 5-year average of $3.8 million and a median of $3.6 million in 2016 frame the typical range for Depreciation Expense.
• Annual changes were most pronounced in 2014 — Depreciation Expense increased 13.88% — and 2016, when it jumped 55.36%.
• Tracing ADC's Depreciation Expense over 5 years: stood at $2.3 million in 2014, then climbed by 18.79% to $2.8 million in 2015, then soared by 55.36% to $4.3 million in 2016, then advanced by 20.95% to $5.2 million in 2017, then grew by 18.33% to $6.2 million in 2018.
• Business Quant data shows ADC's Depreciation Expense at $6.2 million in Q3 2018, $6.0 million in Q2 2018, and $5.7 million in Q1 2018.