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
DateValue
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%