Agree Realty (ADC) Operating Income (2010 - 2026)
Agree Realty (ADC) recorded quarterly Operating Income of $98.6 million in Q1 2026, up 6.62% on a QoQ basis from $92.4 million in Q4 2025, and up 25.23% year-over-year from $78.7 million in Q1 2025.
Agree Realty (ADC) Operating Income (2010 - 2026) Analysis & Trends
Agree Realty has disclosed Operating Income across 17 years of filings, most recently posting $98.6 million for Q1 2026.
- Quarterly Operating Income rose 25.23% year-over-year to $98.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $360.3 million (up 16.04% YoY) and the FY2025 annual result came in at $340.4 million, up 12.62% from the prior year.
- Operating Income grew to $98.6 million in Q1 2026, from $92.4 million in the prior quarter.
- Over five years, Operating Income peaked at $98.6 million in Q1 2026 and troughed at $50.9 million in Q1 2022.
- A 5-year average of $71.4 million and a median of $70.5 million in 2024 frame the typical range for Operating Income.
- Annual changes were most pronounced in 2024 — Operating Income jumped 33.0% — and 2025, when it advanced 0.05%.
- Tracing ADC's Operating Income over 5 years: stood at $57.5 million in 2022, then gained by 20.32% to $69.2 million in 2023, then gained by 8.9% to $75.3 million in 2024, then grew by 22.69% to $92.4 million in 2025, then advanced by 6.62% to $98.6 million in 2026.
- Business Quant data shows ADC's Operating Income at $98.6 million in Q1 2026, $92.4 million in Q4 2025, and $87.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Simon Property | 69.18 Bn | 69.56 Bn | 1.76 Bn | 890.67 Mn |
| 2 | Realty Income | 55.47 Bn | 56.16 Bn | - | - |
| 3 | Kimco Realty | 17.00 Bn | 17.03 Bn | 447.43 Mn | 197.30 Mn |
| 4 | Regency Centers | 14.85 Bn | 14.97 Bn | - | 296.39 Mn |
| 5 | Federal Realty Investment Trust | 10.68 Bn | 10.75 Bn | 265.49 Mn | 180.65 Mn |
| 6 | Agree Realty | 8.92 Bn | 8.90 Bn | - | 98.55 Mn |
| 7 | Nnn Reit | 8.68 Bn | 8.68 Bn | - | 146.65 Mn |
| 8 | Essential Properties Realty Trust | 6.37 Bn | 6.38 Bn | - | 89.65 Mn |
| 9 | Macerich | 6.30 Bn | 6.10 Bn | 158.29 Mn | -119.76 Mn |
| 10 | Kite Realty Group Trust | 6.26 Bn | 6.38 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 98.55 Mn |
| Dec 31, 2025 | 92.43 Mn |
| Sep 30, 2025 | 87.26 Mn |
| Jun 30, 2025 | 82.01 Mn |
| Mar 31, 2025 | 78.70 Mn |
| Dec 31, 2024 | 75.34 Mn |
| Sep 30, 2024 | 74.44 Mn |
| Jun 30, 2024 | 81.97 Mn |
| Mar 31, 2024 | 70.50 Mn |
| Dec 31, 2023 | 69.18 Mn |
| Sep 30, 2023 | 63.08 Mn |
| Jun 30, 2023 | 61.63 Mn |
| Mar 31, 2023 | 60.51 Mn |
| Dec 31, 2022 | 57.49 Mn |
| Sep 30, 2022 | 57.31 Mn |
| Jun 30, 2022 | 52.34 Mn |
| Mar 31, 2022 | 50.94 Mn |
| Dec 31, 2021 | 46.93 Mn |
| Sep 30, 2021 | 50.29 Mn |
| Jun 30, 2021 | 50.11 Mn |