Agree Realty (ADC) Operating Leases (2016 - 2026)

Agree Realty's (ADC) quarterly Operating Leases came in at $70.5 million in Q2 2026, up 42.03% YoY from $49.7 million in Q2 2025, and up 14.21% on a QoQ basis from $61.8 million in Q1 2026.

Agree Realty (ADC) Operating Leases (2016 - 2026) Analysis & Trends

Agree Realty (ADC) has 11 years of Operating Leases data on file, last reported at $70.5 million in Q2 2026.

  • Quarterly Operating Leases rose 42.03% year-over-year to $70.5 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $70.5 million (up 42.03% YoY) and the FY2025 annual result came in at $60.2 million, up 30.14% from the prior year.
  • Operating Leases advanced to $70.5 million in Q2 2026, from $61.8 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $70.5 million in Q2 2026 to a low of $33.7 million in Q1 2022.
  • A 5-year average of $44.7 million and a median of $37.9 million in 2023 frame the typical range for Operating Leases.
  • Annual changes were most pronounced in 2024 — Operating Leases declined 3.37% — and 2026, when it jumped 42.03%.
  • Tracing ADC's Operating Leases over 5 years: stood at $36.7 million in 2022, then gained by 0.31% to $36.8 million in 2023, then rose by 25.58% to $46.2 million in 2024, then jumped by 30.14% to $60.2 million in 2025, then increased by 17.2% to $70.5 million in 2026.
  • The last three Operating Leases figures came in at $70.5 million (Q2 2026), $61.8 million (Q1 2026), and $60.2 million (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Simon Property 72.53 Bn 72.53 Bn 1.76 Bn
2 Realty Income 57.91 Bn 57.91 Bn -
3 Kimco Realty 16.14 Bn 16.14 Bn 455.67 Mn
4 Federal Realty Investment Trust 10.07 Bn 10.07 Bn 271.22 Mn
5 Agree Realty 8.87 Bn 8.86 Bn -
6 Nnn Reit 8.69 Bn 8.69 Bn -
7 Macerich 6.68 Bn 6.68 Bn 171.77 Mn
8 Essential Properties Realty Trust 6.54 Bn 6.54 Bn -
9 Kite Realty Group Trust 5.30 Bn 5.30 Bn -
10 Phillips Edison & Company 5.02 Bn 5.02 Bn -

Historic Data

Download Data
DateValue
Jun 30, 2026 70.54 Mn
Mar 31, 2026 61.77 Mn
Dec 31, 2025 60.19 Mn
Sep 30, 2025 56.78 Mn
Jun 30, 2025 49.67 Mn
Mar 31, 2025 47.35 Mn
Dec 31, 2024 46.25 Mn
Sep 30, 2024 45.20 Mn
Jun 30, 2024 36.98 Mn
Mar 31, 2024 36.76 Mn
Dec 31, 2023 36.83 Mn
Sep 30, 2023 37.46 Mn
Jun 30, 2023 38.27 Mn
Mar 31, 2023 36.33 Mn
Dec 31, 2022 36.71 Mn
Sep 30, 2022 37.12 Mn
Jun 30, 2022 36.34 Mn
Mar 31, 2022 33.71 Mn
Dec 31, 2021 33.08 Mn
Sep 30, 2021 32.54 Mn