Agree Realty Corp
NYSE:ADC

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Agree Realty Corp
NYSE:ADC
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Price: 70.17 USD 1.05%
Market Cap: 7.3B USD
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Net Margin
Agree Realty Corp

30.3%
Current
33%
Average
7.8%
Industry

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
30.3%
=
Net Income
182m
/
Revenue
600.5m

Net Margin Across Competitors

Country US
Market Cap 7.3B USD
Net Margin
30%
Country US
Market Cap 56B USD
Net Margin
41%
Country US
Market Cap 46.2B USD
Net Margin
17%
Country US
Market Cap 14.5B USD
Net Margin
35%
Country US
Market Cap 13.4B USD
Net Margin
27%
Country SG
Market Cap 13B
Net Margin
53%
Country AU
Market Cap 18.1B AUD
Net Margin
17%
Country HK
Market Cap 83.3B HKD
Net Margin
-16%
Country US
Market Cap 9.5B USD
Net Margin
24%
Country FR
Market Cap 7.9B EUR
Net Margin
47%
Country US
Market Cap 8.3B USD
Net Margin
26%
No Stocks Found

Agree Realty Corp
Glance View

Market Cap
7.3B USD
Industry
Real Estate
Economic Moat
None

In the realm of real estate investment trusts (REITs), Agree Realty Corporation has carved a niche for itself by specializing in retail properties. Founded in 1971, the company has grown its portfolio to include predominantly free-standing, net-leased properties across the United States. Unlike many traditional landlords, Agree Realty's business model revolves around the net lease structure, where tenants are responsible for most, if not all, property-related expenses such as maintenance, insurance, and taxes. This model not only mitigates risk but also provides a predictable stream of income, since tenants are mainly high-quality, creditworthy retailers that agree to long-term leases. This strategic positioning allows Agree Realty to limit its exposure to the volatility often seen in retail and focus on generating stable revenue streams. Agree Realty’s business agility is reflected in its tenant base and proactive acquisition strategy. The majority of its properties are leased to national tenants with a focus on recognized leaders in various retail sectors, including grocery, drugstores, and dollar stores—industries known for their resilience against economic downturns and e-commerce pressures. By concentrating on properties with essential retail tenants, Agree Realty captures a reliable cash flow and higher occupancy rates. Furthermore, the company continuously expands its portfolio through strategic acquisitions, which are meticulously selected based on rigorous market analyses and financial merit, ensuring these properties align with their long-term growth objectives. Through this model, Agree Realty not only fortifies its income stability but also retains the flexibility to adapt its portfolio in response to evolving market trends.

ADC Intrinsic Value
65.44 USD
Overvaluation 7%
Intrinsic Value
Price

See Also

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What is Net Margin?

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
30.3%
=
Net Income
182m
/
Revenue
600.5m
What is the Net Margin of Agree Realty Corp?

Based on Agree Realty Corp's most recent financial statements, the company has Net Margin of 30.3%.