Agree Realty (ADC) Net Margin (2010 - 2026)
Agree Realty (ADC) posted Net Margin of 25.74% for Q2 2026, down 1.23 percentage points from 26.97% a year earlier and down 4.23 percentage points from the prior quarter.
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Analysis
Agree Realty (ADC) Net Margin (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Net Margin at Agree Realty was 27.89%, up 0.85 percentage points year-over-year; for FY2025, it was 27.41%, down 2.04 percentage points from FY2024.
- Annual Net Margin has declined for six consecutive years, with a five-year change of -9.35 percentage points (FY2020 to FY2025).
- In prior years, Agree Realty's Net Margin was 29.45% in FY2024 (-0.78 pp), 30.24% in FY2023 (-3.50 pp), 33.74% in FY2022 (-1.67 pp) and 35.40% in FY2021 (-1.36 pp).
- The Q2 2026 figure stands as the lowest quarterly Net Margin since Q2 2014.
- On a year-over-year basis, Net Margin increased in two of the last eight quarters, with an average year-over-year change of -1.43 percentage points.
- The strongest year-over-year quarter for Net Margin in the past five years was Q3 2021, with a gain of 8.20 percentage points; the weakest was Q2 2025, with a drop of 7.68 percentage points.
- According to Business Quant data, Net Margin for the three prior quarters was 29.98% (Q1 2026), 28.44% (Q4 2025) and 27.43% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 167.90 Bn | 150.42 Bn | 1.39 Bn | 12.55% |
| 2 | Prologis | 123.74 Bn | 128.13 Bn | - | 43.74% |
| 3 | Simon Property | 66.68 Bn | 67.94 Bn | - | 170.16% |
| 4 | Realty Income | 52.20 Bn | 54.59 Bn | - | 22.22% |
| 5 | Public Storage | 50.15 Bn | 49.24 Bn | - | 36.52% |
| 6 | Ventas | 44.59 Bn | 43.78 Bn | - | 4.08% |
| 7 | Extra Space Storage | 28.21 Bn | 28.21 Bn | 642.43 Mn | 30.14% |
| 8 | Vici Properties | 25.53 Bn | 23.65 Bn | 1.05 Bn | 49.74% |
| 9 | Vivmark Residential | 23.00 Bn | 23.19 Bn | - | - |
| 10 | Agree Realty | 8.42 Bn | 8.35 Bn | - | 25.74% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.74% |
| Mar 31, 2026 | 29.98% |
| Dec 31, 2025 | 28.44% |
| Sep 30, 2025 | 27.43% |
| Jun 30, 2025 | 26.97% |
| Mar 31, 2025 | 26.68% |
| Dec 31, 2024 | 26.99% |
| Sep 30, 2024 | 27.55% |
| Jun 30, 2024 | 34.65% |
| Mar 31, 2024 | 28.77% |
| Dec 31, 2023 | 30.59% |
| Sep 30, 2023 | 28.99% |
| Jun 30, 2023 | 30.03% |
| Mar 31, 2023 | 31.40% |
| Dec 31, 2022 | 33.52% |
| Sep 30, 2022 | 34.13% |
| Jun 30, 2022 | 32.53% |
| Mar 31, 2022 | 34.83% |
| Dec 31, 2021 | 34.23% |
| Sep 30, 2021 | 41.55% |
API Access
Agree Realty Net 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=net-margin&ticker=ADC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=ADC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();