Agree Realty Past Earnings Performance
Past criteria checks 3/6
Agree Realty has been growing earnings at an average annual rate of 18.6%, while the Retail REITs industry saw earnings growing at 13.8% annually. Revenues have been growing at an average rate of 24.9% per year. Agree Realty's return on equity is 3.6%, and it has net margins of 30.7%.
Key information
18.6%
Earnings growth rate
-1.6%
EPS growth rate
| Retail REITs Industry Growth | 8.1% |
| Revenue growth rate | 24.9% |
| Return on equity | 3.6% |
| Net Margin | 30.7% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Agree Realty makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 583 | 179 | 37 | 0 |
| 31 Mar 24 | 560 | 165 | 35 | 0 |
| 31 Dec 23 | 537 | 162 | 35 | 0 |
| 30 Sep 23 | 510 | 157 | 34 | 0 |
| 30 Jun 23 | 483 | 155 | 32 | 0 |
| 31 Mar 23 | 458 | 150 | 31 | 0 |
| 31 Dec 22 | 430 | 145 | 30 | 0 |
| 30 Sep 22 | 405 | 137 | 29 | 0 |
| 30 Jun 22 | 382 | 136 | 28 | 0 |
| 31 Mar 22 | 360 | 124 | 26 | 0 |
| 31 Dec 21 | 339 | 120 | 25 | 0 |
| 30 Sep 21 | 319 | 112 | 26 | 0 |
| 30 Jun 21 | 296 | 97 | 25 | 0 |
| 31 Mar 21 | 271 | 100 | 23 | 0 |
| 31 Dec 20 | 249 | 91 | 21 | 0 |
| 30 Sep 20 | 229 | 90 | 18 | 0 |
| 30 Jun 20 | 214 | 89 | 17 | 0 |
| 31 Mar 20 | 201 | 83 | 16 | 0 |
| 31 Dec 19 | 187 | 80 | 16 | 0 |
| 30 Sep 19 | 173 | 70 | 14 | 0 |
| 30 Jun 19 | 159 | 66 | 14 | 0 |
| 31 Mar 19 | 147 | 60 | 13 | 0 |
| 31 Dec 18 | 137 | 58 | 12 | 0 |
| 30 Sep 18 | 131 | 61 | 12 | 0 |
| 30 Jun 18 | 127 | 58 | 11 | 0 |
| 31 Mar 18 | 122 | 60 | 10 | 0 |
| 31 Dec 17 | 112 | 58 | 9 | 0 |
| 30 Sep 17 | 110 | 54 | 9 | 0 |
| 30 Jun 17 | 104 | 56 | 9 | 0 |
| 31 Mar 17 | 98 | 52 | 9 | 0 |
| 31 Dec 16 | 92 | 45 | 8 | 0 |
| 30 Sep 16 | 85 | 40 | 8 | 0 |
| 30 Jun 16 | 79 | 41 | 8 | 0 |
| 31 Mar 16 | 74 | 40 | 7 | 0 |
| 31 Dec 15 | 70 | 39 | 7 | 0 |
| 30 Sep 15 | 65 | 37 | 7 | 0 |
| 30 Jun 15 | 61 | 27 | 7 | 0 |
| 31 Mar 15 | 57 | 19 | 7 | 0 |
| 31 Dec 14 | 54 | 18 | 7 | 0 |
| 30 Sep 14 | 51 | 18 | 6 | 0 |
| 30 Jun 14 | 48 | 18 | 6 | 0 |
| 31 Mar 14 | 46 | 20 | 6 | 0 |
| 31 Dec 13 | 44 | 18 | 6 | 0 |
Quality Earnings: ADC * has high quality earnings.
Growing Profit Margin: ADC *'s current net profit margins (30.7%) are lower than last year (32.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ADC *'s earnings have grown by 18.6% per year over the past 5 years.
Accelerating Growth: ADC *'s earnings growth over the past year (15.6%) is below its 5-year average (18.6% per year).
Earnings vs Industry: ADC * earnings growth over the past year (15.6%) exceeded the Retail REITs industry 1.5%.
Return on Equity
High ROE: ADC *'s Return on Equity (3.6%) is considered low.