AGREE REALTY CORP (ADC) Form 10-Q — Oct 20, 2026
Agree Realty reported Q3 2026 rental income of $213.8 million, up 17% year over year, with net income attributable to common stockholders of $66.5 million and diluted EPS of $0.53 versus $0.45 a year ago. The net-lease REIT's portfolio grew to 2,888 properties with roughly 61.1 million square feet of gross leasable area, approximately 99.8% leased, and it acquired 235 properties for $1.17 billion in the first nine months at a 7.1% weighted-average cap rate.
Key figures
- Eps
- 0.53
- Revenue
- 213884000
- Net Income
- 68543000
- Revenue Yoy
- 17%
- Total Assets
- 10950922000
- Cash Position
- 80559000
- Shares Outstanding
- 130101031
- Q3 cap rate
- 7.3%
- Q3 diluted eps
- 0.53
- Q3 acquisitions
- 309140000
- Properties owned
- 2888
- Ytd acquisitions
- 1166739000
- Nine month eps basic
- 1.48
- Q3 dividend per share
- 0.801
- Portfolio leased percent
- 99.8%
- Q3 diluted eps prior year
- 0.45
- Senior unsecured notes total
- 3010000000
- Investment grade rent percent
- 65.1%
- No debt maturities remainder 2026
- Yes
- Weighted avg remaining lease term years
- 7.8
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