ROIC - Agree Realty Corp (NYSE:ADC) - Alpha Spread

Agree Realty Corp
NYSE:ADC

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Agree Realty Corp
NYSE:ADC
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Price: 73.49 USD 0.31% Market Closed
Market Cap: 7.4B USD
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ROIC
Return on Invested Capital

3.7%
Current
4%
Average
2.6%
Industry

ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.

ROIC
3.7%
=
NOPAT
279.1m
/
Invested Capital
7.8B

ROIC Across Competitors

Country US
Market Cap 7.4B USD
ROIC
4%
Country US
Market Cap 55.7B USD
ROIC
10%
Country US
Market Cap 53.8B USD
ROIC
3%
Country UK
Market Cap 1.6B GBP
ROIC
1%
Country US
Market Cap 14.4B USD
ROIC
3%
Country SG
Market Cap 14B
ROIC
4%
Country US
Market Cap 12.7B USD
ROIC
4%
Country HK
Market Cap 98.1B HKD
ROIC
10%
Country AU
Market Cap 18.6B AUD
ROIC
5%
Country US
Market Cap 9.3B USD
ROIC
5%
Country FR
Market Cap 8.5B EUR
ROIC
4%

Profitability Report

View the profitability report to see the full profitability analysis for Agree Realty Corp.

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What is Return on Invested Capital?

ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.

ROIC
3.7%
=
NOPAT
279.1m
/
Invested Capital
7.8B
What is the ROIC of Agree Realty Corp?

Based on Agree Realty Corp's most recent financial statements, the company has ROIC of 3.7%.