Agree Realty Corp
NYSE:ADC

Watchlist Manager
Agree Realty Corp Logo
Agree Realty Corp
NYSE:ADC
Watchlist
Price: 75.04 USD 0.72% Market Closed
Market Cap: 8.3B USD

ROA
Return on Assets

2.2%
Current
2%
Average
0.9%
Industry

ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.

ROA
2.2%
=
Net Income
183.4m
/
Total Assets
8.3B

ROA Across Competitors

Agree Realty Corp
Glance View

Economic Moat
None
Market Cap
8.3B USD
Industry
Real Estate

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
68.37 USD
Overvaluation 9%
Intrinsic Value
Price
What is Return on Assets?

ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.

ROA
2.2%
=
Net Income
183.4m
/
Total Assets
8.3B
What is the ROA of Agree Realty Corp?

Based on Agree Realty Corp's most recent financial statements, the company has ROA of 2.2%.

Back to Top