Agree Realty (ADC) EBITDA Margin (2010 - 2026)
Agree Realty (ADC) recorded quarterly EBITDA Margin of 33.58% in Q1 2026, down 30.89% on a QoQ basis from 48.58% in Q4 2025, and up 1207.0% year-over-year from 2.57% in Q1 2025.
Agree Realty (ADC) EBITDA Margin (2010 - 2026) Analysis & Trends
Agree Realty has disclosed EBITDA Margin across 17 years of filings, most recently posting 33.58% for Q1 2026.
- Quarterly EBITDA Margin rose 1207.0% year-over-year to 33.58% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 43.9% (up 177.0% YoY) and the FY2025 annual result came in at 27.9%, down 658.0% from the prior year.
- EBITDA Margin eased to 33.58% in Q1 2026, from 48.58% in the prior quarter.
- Over five years, EBITDA Margin peaked at 53.72% in Q2 2024 and troughed at 21.51% in Q1 2025.
- A 5-year average of 46.26% and a median of 47.79% in 2023 frame the typical range for EBITDA Margin.
- Annual changes were most pronounced in 2025 — EBITDA Margin tumbled 2567 bps — and 2026, when it jumped 1207 bps.
- Tracing ADC's EBITDA Margin over 5 years: stood at 49.27% in 2022, then retreated by 3 bps to 47.96% in 2023, then declined by 2 bps to 46.95% in 2024, then climbed by 3 bps to 48.58% in 2025, then plunged by 31 bps to 33.58% in 2026.
- Business Quant data shows ADC's EBITDA Margin at 33.58% in Q1 2026, 48.58% in Q4 2025, and 47.63% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Simon Property | 67.46 Bn | 67.84 Bn | 1.76 Bn | 49.72% |
| 2 | Realty Income | 55.47 Bn | 56.16 Bn | - | 22.21% |
| 3 | Kimco Realty | 16.36 Bn | 16.39 Bn | 447.43 Mn | 36.37% |
| 4 | Regency Centers | 14.49 Bn | 14.61 Bn | - | 71.86% |
| 5 | Federal Realty Investment Trust | 10.47 Bn | 10.54 Bn | 265.49 Mn | 39.40% |
| 6 | Agree Realty | 8.78 Bn | 8.76 Bn | - | 33.58% |
| 7 | Nnn Reit | 8.52 Bn | 8.52 Bn | - | 61.00% |
| 8 | Essential Properties Realty Trust | 6.32 Bn | 6.32 Bn | - | 56.45% |
| 9 | Kite Realty Group Trust | 6.09 Bn | 6.20 Bn | - | 87.54% |
| 10 | Macerich | 6.03 Bn | 5.83 Bn | 158.29 Mn | -49.58% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 33.58% |
| Dec 31, 2025 | 48.58% |
| Sep 30, 2025 | 47.63% |
| Jun 30, 2025 | 46.72% |
| Mar 31, 2025 | 21.51% |
| Dec 31, 2024 | 46.95% |
| Sep 30, 2024 | 48.24% |
| Jun 30, 2024 | 53.72% |
| Mar 31, 2024 | 47.18% |
| Dec 31, 2023 | 47.96% |
| Sep 30, 2023 | 46.12% |
| Jun 30, 2023 | 47.44% |
| Mar 31, 2023 | 47.79% |
| Dec 31, 2022 | 49.27% |
| Sep 30, 2022 | 52.09% |
| Jun 30, 2022 | 49.91% |
| Mar 31, 2022 | 51.80% |
| Dec 31, 2021 | 51.49% |
| Sep 30, 2021 | 57.49% |
| Jun 30, 2021 | 60.74% |