Agree Realty (ADC) Tax Rate (2017 - 2026)
Agree Realty's Tax Rate was 0.68% in Q2 2026, down 0.17 percentage points from 0.85% a year earlier and down 0.12 percentage points from the prior quarter.
Agree Realty (ADC) Tax Rate (2017 - 2026) Analysis & Trends
On a trailing twelve-month basis, Agree Realty's Tax Rate was 0.60% through Jun 30, 2026, down 1.19 percentage points year-over-year; for FY2025, it was 0.84%, down 1.38 percentage points from FY2024.
- Tax Rate shows a five-year change of -0.34 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 2.23% in FY2024 (+0.55 pp), 1.68% in FY2023 (-0.17 pp), 1.85% in FY2022 (+0.13 pp) and 1.72% in FY2021 (+0.53 pp).
- Quarterly Tax Rate has moved between 0.43% (Q3 2025) and 2.50% (Q1 2024) over five years.
- Compared with a year earlier, Tax Rate has declined for six straight quarters, with an average year-over-year change of -0.64 percentage points over the last eight quarters.
- The best year-over-year quarter for Tax Rate over five years was Q4 2024 (a gain of 0.81 percentage points); the worst was Q3 2025 (a drop of 1.93 percentage points).
- Per Business Quant data, ADC's Tax Rate in the three quarters before Q2 2026 was 0.80% (Q1 2026), 0.46% (Q4 2025) and 0.43% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 167.95 Bn | 150.46 Bn | 1.39 Bn | - |
| 2 | Prologis | 123.54 Bn | 127.93 Bn | - | 8.78% |
| 3 | Simon Property | 66.76 Bn | 68.02 Bn | - | - |
| 4 | Realty Income | 52.37 Bn | 54.76 Bn | - | 6.51% |
| 5 | Public Storage | 50.03 Bn | 49.11 Bn | - | 0.54% |
| 6 | Ventas | 44.65 Bn | 43.84 Bn | - | - |
| 7 | Extra Space Storage | 27.81 Bn | 27.81 Bn | 642.43 Mn | 4.45% |
| 8 | Vici Properties | 25.53 Bn | 23.65 Bn | 1.05 Bn | - |
| 9 | Vivmark Residential | 23.01 Bn | 23.20 Bn | - | 0.34% |
| 10 | Agree Realty | 8.37 Bn | 8.31 Bn | - | 0.68% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.68% |
| Mar 31, 2026 | 0.80% |
| Dec 31, 2025 | 0.46% |
| Sep 30, 2025 | 0.43% |
| Jun 30, 2025 | 0.85% |
| Mar 31, 2025 | 1.72% |
| Dec 31, 2024 | 2.32% |
| Sep 30, 2024 | 2.37% |
| Jun 30, 2024 | 1.81% |
| Mar 31, 2024 | 2.50% |
| Dec 31, 2023 | 1.51% |
| Sep 30, 2023 | 1.68% |
| Jun 30, 2023 | 1.70% |
| Mar 31, 2023 | 1.84% |
| Dec 31, 2022 | 1.78% |
| Sep 30, 2022 | 1.79% |
| Jun 30, 2022 | 1.90% |
| Mar 31, 2022 | 1.94% |
| Dec 31, 2021 | 1.48% |
| Sep 30, 2021 | 1.07% |
Agree Realty Tax Rate 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=tax-rate&ticker=ADC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=ADC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();