Agree Realty (ADC) Retained Earnings (2011 - 2026)
Agree Realty (ADC) recorded Retained Earnings of $697.99 million in Q2 2026, up 28.0% from $545.37 million a year earlier and up 6.8% from the prior quarter.
Agree Realty (ADC) Retained Earnings (2011 - 2026) Analysis & Trends
At the end of FY2025, Agree Realty reported Retained Earnings of $618.68 million, up 31.5% from FY2024.
- Annual Retained Earnings has increased for ten straight years, with a five-year compound annual growth rate of 46.6% (FY2020 to FY2025).
- Across earlier years, Retained Earnings came in at $470.62 million in FY2024 (+35.8%), $346.47 million in FY2023 (+51.9%), $228.13 million in FY2022 (+54.8%) and $147.37 million in FY2021 (+61.3%).
- The Q2 2026 figure is the highest quarterly Retained Earnings in data going back to Q4 2011.
- On a year-over-year basis, Retained Earnings has increased for 36 consecutive quarters, with growth averaging 33.2% over the last eight quarters.
- The year-over-year growth in Retained Earnings has ranged between 28.0% (Q2 2026) and 61.8% (Q3 2021) over the last five years.
- Per Business Quant, the preceding three quarters came in at $653.43 million (Q1 2026), $618.68 million (Q4 2025) and $581.16 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 167.95 Bn | 150.46 Bn | 1.39 Bn | 12.21 Bn |
| 2 | Prologis | 123.54 Bn | 127.93 Bn | - | -860.50 Mn |
| 3 | Simon Property | 66.76 Bn | 68.02 Bn | - | -4.61 Bn |
| 4 | Realty Income | 52.37 Bn | 54.76 Bn | - | 11.39 Bn |
| 5 | Public Storage | 50.03 Bn | 49.11 Bn | - | -1.35 Bn |
| 6 | Ventas | 44.65 Bn | 43.84 Bn | - | -7.93 Bn |
| 7 | Extra Space Storage | 27.81 Bn | 27.81 Bn | 642.43 Mn | - |
| 8 | Vici Properties | 25.53 Bn | 23.65 Bn | 1.05 Bn | - |
| 9 | Vivmark Residential | 23.01 Bn | 23.20 Bn | - | 651.14 Mn |
| 10 | Agree Realty | 8.37 Bn | 8.31 Bn | - | 697.99 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 697.99 Mn |
| Mar 31, 2026 | 653.43 Mn |
| Dec 31, 2025 | 618.68 Mn |
| Sep 30, 2025 | 581.16 Mn |
| Jun 30, 2025 | 545.37 Mn |
| Mar 31, 2025 | 508.06 Mn |
| Dec 31, 2024 | 470.62 Mn |
| Sep 30, 2024 | 434.49 Mn |
| Jun 30, 2024 | 400.81 Mn |
| Mar 31, 2024 | 378.21 Mn |
| Dec 31, 2023 | 346.47 Mn |
| Sep 30, 2023 | 316.08 Mn |
| Jun 30, 2023 | 284.00 Mn |
| Mar 31, 2023 | 254.32 Mn |
| Dec 31, 2022 | 228.13 Mn |
| Sep 30, 2022 | 203.04 Mn |
| Jun 30, 2022 | 182.52 Mn |
| Mar 31, 2022 | 162.77 Mn |
| Dec 31, 2021 | 147.37 Mn |
| Sep 30, 2021 | 130.46 Mn |
Agree Realty Retained Earnings 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=retained-earnings&ticker=ADC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "retained-earnings", "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=retained-earnings&ticker=ADC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();