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

Agree Realty has disclosed Operating Leases across 11 years of filings, most recently posting $61.8 million for Q1 2026.

• Quarterly Operating Leases rose 30.44% year-over-year to $61.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $61.8 million (up 30.44% YoY) and the FY2025 annual result came in at $60.2 million, up 30.14% from the prior year.
• Operating Leases climbed to $61.8 million in Q1 2026, from $60.2 million in the prior quarter.
• Over five years, Operating Leases peaked at $61.8 million in Q1 2026 and troughed at $33.7 million in Q1 2022.
• A 5-year average of $43.2 million and a median of $37.5 million in 2023 frame the typical range for Operating Leases.
• Annual changes were most pronounced in 2024 — Operating Leases declined 3.37% — and 2025, when it soared 34.3%.
• Tracing ADC's Operating Leases over 5 years: stood at $36.7 million in 2022, then climbed by 0.31% to $36.8 million in 2023, then advanced by 25.58% to $46.2 million in 2024, then soared by 30.14% to $60.2 million in 2025, then grew by 2.62% to $61.8 million in 2026.
• Business Quant data shows ADC's Operating Leases at $61.8 million in Q1 2026, $60.2 million in Q4 2025, and $56.8 million in Q3 2025.