Agree Realty Corp (ADC)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NYSE]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ session ]] by (Cboe BZX)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NYSE]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ session ]] [[ item.lastPriceExt ]] [[ item.priceChangeExt ]] ([[ item.percentChangeExt ]]) [[ item.tradeTimeExt ]]
for [[ item.sessionDateDisplayLong ]]
Fiscal Year End Date: 12/31
(Values in U.S. thousands)
| 12-2025 | 09-2025 | 06-2025 | 03-2025 | 12-2024 | |
| Cash Flows From Operating Activities | |||||
| Net Income | 204,989 | 148,780 | 96,501 | 47,148 | 189,832 |
| Depreciation Amortization | 283,131 | 207,700 | 135,258 | 65,997 | 246,546 |
| Accounts receivable | 1,183 | 1,561 | 6,097 | 4,940 | -12,089 |
| Accounts payable and accrued liabilities | 5,743 | 34,073 | 5,645 | 13,463 | 14,251 |
| Other Working Capital | 344 | 18,805 | -2,608 | 10,833 | -2,638 |
| Other Operating Activity | 8,746 | -18,098 | 5,409 | -15,724 | -3,930 |
| Operating Cash Flow | $504,136 | $392,821 | $246,302 | $126,657 | $431,972 |
| Cash Flows From Investing Activities | |||||
| PPE Investments | -1,541,462 | -1,168,983 | -725,515 | -380,723 | -883,003 |
| Other Investing Activity | -1,670 | -1,142 | -297 | -132 | -2,404 |
| Investing Cash Flow | $-1,543,132 | $-1,170,125 | $-725,812 | $-380,855 | $-885,407 |
| Cash Flows From Financing Activities | |||||
| Change In Short Term Borrowing | N/A | 397,188 | 397,188 | N/A | N/A |
| Debt Issued | 29,355,280 | 19,151,780 | 6,351,250 | 474,000 | 1,516,722 |
| Debt Repayment | -28,796,620 | -18,921,540 | -6,262,755 | -310,250 | -1,148,039 |
| Common Stock Issued | 904,311 | 476,046 | 224,195 | 183,090 | 402,938 |
| Common Stock Repurchased | -3,740 | -3,715 | -3,654 | -3,645 | -2,281 |
| Dividend Paid | -349,157 | -257,565 | -170,279 | -83,996 | -312,082 |
| Other Financing Activity | -56,855 | -54,411 | -53,923 | -231 | -11,948 |
| Financing Cash Flow | $1,053,219 | $787,783 | $482,022 | $258,968 | $445,310 |
| Beginning Cash Position | 6,399 | 6,399 | 6,399 | 6,399 | 14,524 |
| End Cash Position | 20,622 | 16,878 | 8,911 | 11,169 | 6,399 |
| Net Cash Flow | $14,223 | $10,479 | $2,512 | $4,770 | $-8,125 |
| Free Cash Flow | |||||
| Operating Cash Flow | 504,136 | 392,821 | 246,302 | 126,657 | 431,972 |
| Capital Expenditure | -1,583,529 | -1,191,755 | -733,673 | -383,106 | -977,334 |
| Free Cash Flow | -1,079,393 | -798,934 | -487,371 | -256,449 | -545,362 |