Agree Realty (ADC) FCF Margin (2010 - 2026)
Agree Realty's FCF Margin came in at 63.86% for Q2 2026, down 4.31 percentage points from 68.16% a year earlier and down 8.43 percentage points from the prior quarter.
Agree Realty (ADC) FCF Margin (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Agree Realty reported FCF Margin of 68.49%, up 8.54 percentage points year-over-year; for FY2025, it was 70.18%, up 16.40 percentage points from FY2024.
- FCF Margin carries a five-year change of +20.56 percentage points (FY2020 to FY2025).
- Going back by year, FCF Margin was 53.78% in FY2024 (-3.75 pp), 57.53% in FY2023 (-7.67 pp), 65.20% in FY2022 (+4.83 pp) and 60.37% in FY2021 (+10.75 pp).
- The five-year range for quarterly FCF Margin is 28.65% (Q1 2022) to 94.48% (Q3 2022).
- Year-over-year, FCF Margin increased in four of the last eight quarters, with an average year-over-year change of +3.08 percentage points.
- The fastest year-over-year change in FCF Margin over five years came in Q3 2021 (a gain of 48.56 percentage points), and the weakest in Q1 2022 (a drop of 30.19 percentage points).
- Business Quant data shows ADC's FCF Margin at 72.29% (Q1 2026), 58.44% (Q4 2025) and 79.97% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 167.90 Bn | 150.42 Bn | 1.39 Bn | 19.31% |
| 2 | Prologis | 123.74 Bn | 128.13 Bn | - | - |
| 3 | Simon Property | 66.68 Bn | 67.94 Bn | - | 52.96% |
| 4 | Realty Income | 52.20 Bn | 54.59 Bn | - | 70.29% |
| 5 | Public Storage | 50.15 Bn | 49.24 Bn | - | 65.90% |
| 6 | Ventas | 44.59 Bn | 43.78 Bn | - | 26.29% |
| 7 | Extra Space Storage | 28.21 Bn | 28.21 Bn | 642.43 Mn | 63.45% |
| 8 | Vici Properties | 25.53 Bn | 23.65 Bn | 1.05 Bn | 66.74% |
| 9 | Vivmark Residential | 23.00 Bn | 23.19 Bn | - | - |
| 10 | Agree Realty | 8.42 Bn | 8.35 Bn | - | 63.86% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 63.86% |
| Mar 31, 2026 | 72.29% |
| Dec 31, 2025 | 58.44% |
| Sep 30, 2025 | 79.97% |
| Jun 30, 2025 | 68.16% |
| Mar 31, 2025 | 74.87% |
| Dec 31, 2024 | 36.37% |
| Sep 30, 2024 | 58.81% |
| Jun 30, 2024 | 66.81% |
| Mar 31, 2024 | 54.01% |
| Dec 31, 2023 | 64.00% |
| Sep 30, 2023 | 65.09% |
| Jun 30, 2023 | 47.29% |
| Mar 31, 2023 | 52.51% |
| Dec 31, 2022 | 62.02% |
| Sep 30, 2022 | 94.48% |
| Jun 30, 2022 | 72.28% |
| Mar 31, 2022 | 28.65% |
| Dec 31, 2021 | 56.46% |
| Sep 30, 2021 | 73.16% |
Agree Realty FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=ADC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "ADC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=ADC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();