Agree Realty (ADC)
NYSE:ADC
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Agree Realty (ADC) Income Statement

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Agree Realty Income Statement

Last quarter (Q2 2024), Agree Realty's total revenue was $152.57M, an increase of 20.50% from the same quarter last year. In Q2, Agree Realty's net income was $52.87M. See Agree Realty’s key income statements, including revenue, expenses, profit, and income.
Income Statement
TTM
Dec 23Dec 22Dec 21Dec 20Dec 19
Total Revenue
$ 576.09M$ 537.50M$ 429.81M$ 339.32M$ 248.57M$ 187.48M
Cost of Revenue
----$ 31.75M$ 23.51M
Gross Profit
$ 608.82M$ 537.50M$ 450.37M$ 352.80M$ 216.82M$ 163.97M
Operating Expense
$ 264.05M$ 252.86M$ 197.45M$ 148.13M$ 87.55M$ 61.27M
Operating Income
$ 290.07M$ 254.39M$ -197.45M$ -148.13M$ 129.26M$ 102.70M
Net Non Operating Interest Income Expense
$ -66.77M$ -81.12M$ -63.44M$ -50.38M$ -40.10M$ -33.09M
Other Income Expense
$ -3.38M$ 5.07M$ -416.13M$ -339.32M$ 3.89M$ 11.70M
Pretax Income
$ 236.11M$ 198.36M$ 155.24M$ 140.81M$ 93.06M$ 81.30M
Tax Provision
$ 3.54M$ 2.90M$ 2.90M$ 2.40M$ 1.09M$ 538.00K
Earnings From Equity Interest Net Of Tax
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Net Income Common Stockholders
$ 179.18M$ 162.52M$ 144.31M$ 121.05M$ 91.08M$ 79.70M
Basic EPS
$ 1.88$ 1.70$ 1.84$ 1.79$ 1.76$ 1.96
Diluted EPS
$ 1.87$ 1.70$ 1.83$ 1.78$ 1.74$ 1.93
Basic Average Shares
$ 394.12M$ 95.19M$ 78.66M$ 66.80M$ 51.84M$ 40.58M
Diluted Average Shares
$ 394.64M$ 95.44M$ 79.16M$ 67.14M$ 52.40M$ 41.22M
Dividend Per Share
$ 2.25$ 3.00--$ 2.40$ 2.28
Total Operating Income As Reported
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Reported Normalized Basic E P S
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Reported Normalized Diluted E P S
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Rent Expense Supplemental
----$ 1.30M$ 1.24M
Total Expenses
$ 265.01M$ 252.86M$ 197.45M$ 148.13M$ 119.30M$ 84.78M
Net Income From Continuing And Discontinued Operation
$ 190.33M$ 169.96M$ 151.75M$ 123.19M$ 91.38M$ 80.08M
Normalized Income
$ 207.74M$ 162.05M--$ 87.56M$ 68.46M
Interest Expense
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EBIT
$ 308.70M$ 279.48M$ 218.68M$ 191.19M$ 129.26M$ 102.70M
EBITDA
$ 535.45M$ 493.59M$ 389.65M$ 313.56M$ 211.91M$ 161.90M
Currency in USD

Agree Realty Earnings and Revenue History

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