Agree Realty Quarterly Income Statements Chart
Quarterly
|
Annual
Agree Realty Quarterly Income Statements Table
Quarterly
|
Annual
Unit: USD | 2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2013-12-31 | 2013-09-30 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-12-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 | 2009-12-31 | 2009-06-30 | 2008-12-31 | 2008-09-30 | 2008-06-30 | 2008-03-31 | 2007-12-31 | 2007-09-30 | 2007-06-30 | 2007-03-31 | 2006-12-31 | 2006-09-30 | 2006-06-30 | 2006-03-31 | 2005-12-31 | 2005-09-30 | 2005-06-30 | 2005-03-31 | 2004-12-31 | 2004-09-30 | 2004-06-30 | 2004-03-31 | 2003-12-31 |
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revenues | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
rental income | 175,397,000 | 169,113,000 | 154,292,000 | 152,424,000 | 149,422,000 | 136,774,000 | 129,876,000 | 126,609,000 | 110,031,000 | 104,793,000 | 98,312,000 | 87,469,000 | 82,494,000 | 77,760,000 | 63,701,000 | 57,476,000 | 55,783,000 | 52,039,000 | 48,020,000 | 44,875,000 | 42,345,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
other | 130,000 | 47,000 | 40,000 | 151,000 | 31,000 | 38,000 | 24,000 | 9,000 | 34,000 | 83,000 | 30,000 | 68,000 | 52,000 | 69,000 | 109,000 | 59,000 | 26,000 | 97,000 | 55,000 | 45,000 | 3,000 | 65,000 | 30,000 | 92,000 | 46,000 | |||||||||||||||||||||||||||||||||||||||||||||||
total revenues | 175,527,000 | 169,160,000 | 154,332,000 | 152,575,000 | 149,453,000 | 136,812,000 | 129,900,000 | 126,618,000 | 110,065,000 | 104,876,000 | 98,342,000 | 87,537,000 | 82,546,000 | 77,829,000 | 63,810,000 | 57,535,000 | 55,809,000 | 52,136,000 | 48,075,000 | 44,920,000 | 42,348,000 | 40,702,000 | 37,306,000 | 35,711,000 | 34,569,000 | 31,528,000 | 30,387,000 | 28,080,000 | 26,560,000 | 25,298,000 | 24,161,000 | 21,843,820 | 20,223,858 | 19,153,547 | 17,849,812 | 17,219,451 | 15,743,056 | 14,322,604 | 13,757,425 | 12,903,755 | 10,775,826 | 11,586,693 | 8,810,074 | 8,759,070 | 10,245,640 | 9,108,756 | 8,871,503 | 9,060,712 | 8,789,101 | 8,449,704 | 8,377,526 | 8,463,492 | 8,113,960 | 16,841,018 | 8,272,498 | 8,353,798 | 24,553,828 | 16,439,868 | 7,824,334 | 8,328,110 | 23,250,787 | 16,089,335 | 7,188,226 | 7,935,259 | 21,993,531 | 14,503,654 | 6,693,450 | |||||
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operating expenses | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
real estate taxes | 12,833,000 | 11,513,000 | 11,935,000 | 10,721,000 | 10,701,000 | 10,124,000 | 9,874,000 | 9,432,000 | 8,526,000 | 7,979,000 | 7,611,000 | 6,957,000 | 6,158,000 | 5,696,000 | 5,516,000 | 4,840,000 | 4,702,000 | 4,504,000 | 3,674,000 | 3,720,000 | 3,622,000 | 2,896,000 | 2,824,000 | 2,624,000 | 2,377,000 | 2,216,000 | 2,149,000 | 2,031,000 | 1,808,000 | 1,424,000 | 1,473,000 | 1,438,089 | 1,122,664 | 1,662,789 | 715,685 | 863,357 | 762,923 | 555,283 | 773,647 | 739,743 | 350,664 | 660,053 | 455,382 | 507,303 | 614,379 | 472,083 | 488,520 | 478,941 | 450,864 | 467,714 | 467,147 | 457,361 | 449,823 | 924,508 | 440,276 | 469,384 | 1,351,988 | 902,165 | 440,428 | 433,205 | 1,315,800 | 930,913 | 452,311 | 425,224 | 1,381,100 | 927,659 | 467,585 | |||||
property operating expenses | 8,416,000 | 8,381,000 | 6,015,000 | 6,487,000 | 7,373,000 | 5,518,000 | 5,821,000 | 6,782,000 | 4,557,000 | 4,541,000 | 4,477,000 | 3,189,000 | 3,214,000 | 3,541,000 | 2,108,000 | 1,860,000 | 2,335,000 | 1,917,000 | 1,598,000 | 1,496,000 | 1,739,000 | 1,739,000 | 1,246,000 | 1,238,000 | 1,516,000 | 969,000 | 931,000 | 915,000 | 797,000 | 815,000 | 169,000 | 928,388 | 573,026 | 356,953 | 424,296 | 415,707 | 571,390 | 384,334 | 337,811 | 458,294 | 207,130 | 326,037 | 396,900 | 330,036 | 421,208 | 410,088 | 332,468 | 457,787 | 359,268 | 380,541 | 436,162 | 510,447 | 389,237 | 946,609 | 547,128 | 319,683 | 1,317,509 | 928,272 | 620,784 | 577,229 | 1,434,459 | 1,164,991 | 685,000 | 474,952 | 1,505,311 | 1,099,085 | 604,832 | |||||
land lease expense | 550,000 | 485,000 | 421,000 | 415,000 | 415,000 | 411,000 | 410,000 | 430,000 | 404,000 | 407,000 | 402,000 | 400,000 | 389,000 | 346,000 | 325,000 | 325,000 | 328,000 | 320,000 | 354,000 | 372,000 | 195,000 | 134,000 | 172,000 | 176,000 | 163,000 | |||||||||||||||||||||||||||||||||||||||||||||||
general and administrative | 11,332,000 | 10,771,000 | 9,114,000 | 9,707,000 | 9,515,000 | 8,844,000 | 8,420,000 | 8,821,000 | 6,992,000 | 7,651,000 | 7,622,000 | 5,687,000 | 6,241,000 | 6,879,000 | 4,756,000 | 4,587,000 | 4,658,000 | 3,820,000 | 3,832,000 | 3,880,000 | 4,035,000 | 3,171,000 | 2,947,000 | 3,185,000 | 2,862,000 | 2,284,000 | 2,491,000 | 2,569,000 | 2,603,000 | 1,908,000 | 2,020,000 | 2,042,089 | 2,045,026 | 1,807,548 | 1,768,895 | 1,744,026 | 1,667,600 | 1,672,136 | 1,748,209 | 1,616,906 | 1,283,942 | 1,587,617 | 1,150,538 | 1,202,030 | 1,441,946 | 1,083,163 | 998,428 | 1,251,290 | 1,130,155 | 965,942 | 975,399 | 996,263 | 1,005,902 | 1,971,662 | 1,050,957 | 940,103 | 3,078,733 | 2,072,831 | 919,771 | 1,526,072 | 2,665,207 | 1,753,692 | 632,947 | 865,173 | 1,983,241 | 1,296,420 | 556,597 | |||||
depreciation and amortization | 58,939,000 | 55,755,000 | 51,504,000 | 50,454,000 | 48,463,000 | 45,625,000 | 42,750,000 | 40,646,000 | 35,157,000 | 31,950,000 | 28,561,000 | 24,488,000 | 23,188,000 | 21,489,000 | 17,327,000 | 15,607,000 | 14,132,000 | 13,106,000 | 11,897,000 | 10,836,000 | 9,864,000 | 11,955,000 | 11,180,000 | 10,559,000 | 10,004,000 | 8,796,000 | 8,228,000 | 7,704,000 | 7,025,000 | 6,506,000 | 6,151,000 | 5,664,701 | 5,085,250 | 3,289,210 | 5,525,901 | 4,117,182 | 3,553,581 | 3,142,890 | 2,855,066 | 2,591,157 | 2,070,897 | 2,176,179 | 1,437,439 | 1,408,639 | 1,627,814 | 1,392,621 | 1,385,017 | 1,394,498 | 1,347,452 | 1,259,462 | 1,262,463 | 1,234,186 | 1,212,660 | 2,496,649 | 1,202,313 | 1,232,848 | 3,618,495 | 2,405,835 | 1,138,939 | 1,175,896 | 3,461,429 | 2,387,969 | 1,068,944 | 1,189,378 | 3,247,656 | 2,169,995 | 1,006,219 | |||||
benefit from impairment | 2,961,000 | 4,331,000 | 2,694,000 | 4,530,000 | 3,195,000 | 1,315,000 | 1,015,000 | 2,868,000 | 1,128,000 | 1,193,000 | 416,000 | 3,970,000 | -488,000 | -1,163,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total operating expenses | 95,031,000 | 91,236,000 | 81,683,000 | 77,784,000 | 80,997,000 | 73,717,000 | 68,590,000 | 66,111,000 | 55,636,000 | 52,528,000 | 49,688,000 | 40,721,000 | 39,190,000 | 37,951,000 | 32,900,000 | 28,347,000 | 26,155,000 | 23,667,000 | 21,355,000 | 21,497,000 | 19,871,000 | 22,214,000 | 18,369,000 | 17,782,000 | 16,922,000 | 14,428,000 | 13,962,000 | 13,382,000 | 12,396,000 | 10,816,000 | 9,976,000 | 10,236,542 | 8,989,242 | 7,279,776 | 8,608,490 | 7,277,554 | 6,687,357 | 5,886,606 | 6,060,060 | 8,313,375 | 3,569,608 | 5,306,861 | 3,537,084 | 3,544,833 | 4,332,508 | 3,572,755 | 3,419,233 | 3,797,316 | 3,458,789 | 3,242,209 | 3,309,721 | 3,368,307 | 3,253,087 | 6,678,028 | 3,436,139 | 3,135,454 | 9,953,120 | 6,700,033 | 3,315,387 | 3,910,034 | 9,463,290 | 6,628,495 | 3,019,442 | 3,151,467 | 8,658,028 | 5,862,639 | 2,819,973 | |||||
gain on sale of assets | 1,510,000 | 772,000 | 1,850,000 | 7,156,000 | 2,096,000 | -20,000 | 319,000 | 3,000,000 | 17,000 | 2,310,000 | 3,470,000 | 6,767,000 | 2,945,000 | 970,000 | 4,952,000 | 1,645,000 | 4,333,000 | 2,597,000 | 2,949,000 | 3,427,000 | 231,000 | 3,917,000 | 2,434,000 | 4,598,000 | 4,148,000 | 524,000 | 4,780,000 | 4,742,000 | 2,831,000 | 4,415,000 | 2,717,903 | 465 | 8,599,261 | 3,456,206 | 79,104 | |||||||||||||||||||||||||||||||||||||
gain on involuntary conversion | 20,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from operations | 82,006,000 | 78,696,000 | 74,443,000 | 81,967,000 | 70,497,000 | 63,075,000 | 61,629,000 | 60,507,000 | 57,314,000 | 52,340,000 | 50,939,000 | 50,286,000 | 43,356,000 | 39,878,000 | 30,910,000 | 29,188,000 | 29,654,000 | 28,469,000 | 26,720,000 | 23,423,000 | 22,477,000 | 18,488,000 | 18,937,000 | 17,929,000 | 17,647,000 | 17,100,000 | 16,425,000 | 14,698,000 | 14,164,000 | 14,482,000 | 14,185,000 | 11,607,278 | 11,234,616 | 11,873,771 | 9,241,322 | 9,941,897 | 9,055,699 | 8,435,998 | 7,697,365 | 4,590,380 | 7,206,218 | 6,279,832 | 5,272,990 | 5,214,237 | 5,913,132 | 5,536,001 | 5,452,270 | 5,263,396 | 5,330,312 | 5,207,495 | 5,067,805 | 5,095,185 | 4,860,873 | 10,162,990 | ||||||||||||||||||
yoy | 16.33% | 24.77% | 20.79% | 35.47% | 23.00% | 20.51% | 20.99% | 20.33% | 32.19% | 31.25% | 64.80% | 72.28% | 46.21% | 40.08% | 15.68% | 24.61% | 31.93% | 53.99% | 41.10% | 30.64% | 27.37% | 8.12% | 15.29% | 21.98% | 24.59% | 18.08% | 15.79% | 26.63% | 26.07% | 21.97% | 53.50% | 16.75% | 24.06% | 40.75% | 20.06% | 116.58% | 25.67% | 34.33% | 45.98% | -11.96% | 21.87% | -4.75% | -4.37% | 12.34% | 3.86% | 1.07% | 4.61% | 7.13% | -50.13% | |||||||||||||||||||||||
qoq | 4.21% | 5.71% | -9.18% | 16.27% | 11.77% | 2.35% | 1.85% | 5.57% | 9.50% | 2.75% | 1.30% | 15.98% | 8.72% | 29.01% | 5.90% | -1.57% | 4.16% | 6.55% | 14.08% | 4.21% | 21.58% | -2.37% | 5.62% | 1.60% | 3.20% | 4.11% | 11.75% | 3.77% | -2.20% | 2.09% | 22.21% | 3.32% | -5.38% | 28.49% | -7.05% | 9.79% | 7.35% | 9.60% | 67.68% | -36.30% | 14.75% | 19.09% | 1.13% | -11.82% | 1.54% | 3.59% | 2.76% | -0.54% | -52.17% | |||||||||||||||||||||||
operating margin % | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other income | 46,000 | 41,000 | 104,000 | 366,000 | 117,000 | 94,000 | 43,000 | 48,000 | 132,000 | -14,000 | 23,000 | 53,000 | 45,000 | -94,000 | 48,000 | 271,000 | 39,000 | -10,000 | 50,000 | 30,000 | -8,715 | -39,582 | 115,233 | 105,703 | 8,326 | 1,209 | 3,120 | 114,462 | 24,334 | 17,449 | 1,553 | 28,093 | 16,832 | 22,490 | 7,703 | 8,772 | 3,761 | 1,657 | 24 | 6,518 | 6,103 | 8,545 | 12,621 | 14,359 | 6,912 | 37,026 | 28,481 | 23,779 | 17,636 | 16,635 | 1,579 | 460 | 32,256 | 1,842 | 1,726 | |||||||||||||||||
interest expense | -32,274,000 | -30,764,000 | -28,942,000 | -26,416,000 | -24,451,000 | -20,803,000 | -19,948,000 | -17,998,000 | -17,149,000 | -15,512,000 | -13,931,000 | -13,066,000 | -12,549,000 | -11,653,000 | -10,158,000 | -8,479,000 | -9,669,000 | -9,731,000 | -8,352,000 | -7,455,000 | -7,558,000 | -6,907,000 | -6,538,000 | -5,961,000 | -5,465,000 | -4,924,000 | -4,666,000 | -4,411,000 | -4,138,000 | -4,107,000 | -4,091,000 | -3,496,855 | -3,648,291 | -3,947,054 | -2,964,319 | -2,933,269 | -2,460,755 | -2,478,904 | -2,439,105 | -1,874,510 | -1,875,471 | -1,634,051 | -1,097,823 | -1,124,128 | -1,304,889 | -1,145,605 | -1,160,791 | -1,125,624 | -1,238,977 | -1,280,051 | -1,151,331 | -1,176,639 | -1,156,949 | -2,327,970 | -1,153,567 | -1,175,607 | -3,449,164 | -2,292,215 | -1,054,338 | -1,102,127 | -3,056,760 | -2,027,884 | -1,103,723 | -1,167,755 | -3,338,957 | -2,262,515 | -1,584,105 | |||||
income and other tax expense | -425,000 | -825,000 | -1,077,000 | -1,004,000 | -1,149,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 49,353,000 | 47,148,000 | 44,528,000 | 54,913,000 | 45,014,000 | 41,657,000 | 41,015,000 | 41,774,000 | 39,577,000 | 36,130,000 | 36,289,000 | 36,830,000 | 22,461,000 | 30,278,000 | 21,416,000 | 25,424,000 | 21,370,000 | 22,743,000 | 20,781,000 | 18,722,000 | 18,516,000 | 13,338,000 | 15,756,000 | 13,068,000 | 16,636,000 | 16,671,000 | 12,283,000 | 15,067,000 | 14,768,000 | 12,906,000 | 14,476,000 | 10,828,326 | 7,586,325 | 7,927,182 | 14,876,264 | 10,464,834 | 6,494,181 | 5,722,003 | 4,965,608 | 2,715,870 | 5,622,075 | 4,645,781 | 4,540,568 | 4,431,459 | 4,700,059 | 4,606,607 | 4,507,690 | 4,317,065 | 4,091,335 | 3,613,244 | 3,603,152 | 3,605,059 | 3,406,127 | 7,208,211 | 3,386,694 | 3,719,212 | 10,254,956 | 6,848,829 | 3,301,891 | 5,773,089 | 10,274,487 | 6,820,461 | 2,895,716 | 3,275,046 | 9,847,974 | 5,952,625 | 2,243,990 | |||||
yoy | 9.64% | 13.18% | 8.57% | 31.45% | 13.74% | 15.30% | 13.02% | 13.42% | 76.20% | 19.33% | 69.45% | 44.86% | 5.11% | 33.13% | 3.06% | 35.80% | 15.41% | 70.51% | 31.89% | 43.27% | 11.30% | -19.99% | 28.27% | -13.27% | 12.65% | 29.17% | -15.15% | 39.14% | 94.67% | 62.81% | -2.69% | 3.47% | 16.82% | 38.54% | 199.59% | 285.32% | 15.51% | 23.17% | 9.36% | -38.71% | 19.62% | -1.43% | -1.69% | 8.87% | 12.59% | 19.48% | 13.49% | 6.08% | -50.01% | 6.45% | -66.79% | 5.25% | 2.57% | -35.58% | -0.19% | 0.42% | 14.03% | 76.28% | 4.33% | 14.58% | 29.04% | |||||||||||
qoq | 4.68% | 5.88% | -18.91% | 21.99% | 8.06% | 1.57% | -1.82% | 5.55% | 9.54% | -0.44% | -1.47% | 63.97% | -25.82% | 41.38% | -15.76% | 18.97% | -6.04% | 9.44% | 11.00% | 1.11% | 38.82% | -15.35% | 20.57% | -21.45% | -0.21% | 35.72% | -18.48% | 2.02% | 14.43% | -10.85% | 33.69% | 42.73% | -4.30% | -46.71% | 42.15% | 61.14% | 13.49% | 15.23% | 82.84% | -51.69% | 21.01% | 2.32% | 2.46% | -5.71% | 2.19% | 4.42% | 0.28% | -0.05% | -52.75% | 112.84% | -8.94% | -63.73% | 49.73% | 107.42% | -42.81% | -43.81% | 50.64% | 135.54% | -11.58% | -66.74% | 65.44% | 165.27% | ||||||||||
net income margin % | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less net income attributable to non-controlling interest | 155,000 | 152,000 | 153,000 | 189,000 | 155,000 | 135,000 | 147,000 | 160,000 | 152,000 | 157,000 | 176,000 | 167,000 | 114,000 | 166,000 | 136,000 | 166,000 | 141,000 | 184,000 | 170,000 | 158,000 | 169,000 | 127,000 | 170,000 | 145,000 | 185,000 | 177,000 | 118,000 | 191,000 | 193,000 | 173,000 | 213,000 | 166,996 | 125,492 | 136,746 | 280,801 | 201,237 | 125,816 | 125,441 | 112,763 | -148,960 | -140,061 | -160,243 | -189,412 | -268,113 | -306,419 | -324,877 | ||||||||||||||||||||||||||
net income attributable to agree realty corporation | 49,198,000 | 46,996,000 | 44,375,000 | 54,724,000 | 44,859,000 | 41,522,000 | 40,868,000 | 41,614,000 | 22,347,000 | 30,112,000 | 21,280,000 | 25,258,000 | 21,229,000 | 22,559,000 | 20,611,000 | 18,564,000 | 18,347,000 | 13,211,000 | 15,586,000 | 12,923,000 | 16,451,000 | 16,494,000 | 12,165,000 | 14,876,000 | 14,575,000 | 12,733,000 | 14,263,000 | 10,661,330 | 7,460,833 | 7,790,436 | 14,595,463 | 10,263,597 | 6,368,365 | 5,596,562 | 4,852,845 | 5,485,730 | 4,528,162 | 4,391,608 | 4,291,398 | 4,539,816 | 4,417,195 | 4,239,577 | 4,010,646 | 3,766,458 | ||||||||||||||||||||||||||||
less series a preferred stock dividends | 1,859,000 | 1,859,000 | 1,859,000 | 1,859,000 | 1,859,000 | 1,859,000 | 1,859,000 | 1,859,000 | 1,859,000 | 1,859,000 | 1,859,000 | 289,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to common stockholders | 47,339,000 | 45,137,000 | 42,516,000 | 52,865,000 | 43,000,000 | 39,663,000 | 39,009,000 | 39,755,000 | 37,566,000 | 34,114,000 | 34,254,000 | 36,374,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income per share | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 0.43 | 0.42 | 0.42 | 0.53 | 0.43 | 0.41 | 0.42 | 0.44 | 0.47 | 0.45 | 0.48 | 0.52 | 0.34 | 0.48 | 0.39 | 0.47 | 0.47 | 0.53 | 0.49 | 0.45 | 0.49 | 0.37 | 0.49 | 0.42 | 0.53 | 0.56 | 0.42 | 0.56 | 0.56 | 0.368 | 0.61 | 0.48 | 0.37 | |||||||||||||||||||||||||||||||||||||||
diluted | 0.43 | 0.42 | 0.42 | 0.52 | 0.43 | 0.41 | 0.42 | 0.44 | 0.46 | 0.45 | 0.48 | 0.52 | 0.34 | 0.48 | 0.39 | 0.47 | 0.46 | 0.52 | 0.48 | 0.45 | 0.48 | 0.36 | 0.48 | 0.41 | 0.53 | 0.56 | 0.42 | 0.56 | 0.56 | 0.365 | 0.61 | 0.48 | 0.36 | |||||||||||||||||||||||||||||||||||||||
other comprehensive income | 5,854 | 1,378 | -1,677,250 | 1,835,586 | -2,538,187 | 1,621,177 | -2,000,725 | 727,135 | -850,216 | 800,321 | -549,979 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of interest rate swaps | -880 | -736 | -739 | -675 | -629 | -631 | -630 | -629 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in fair value and settlement of interest rate swaps | 3,435 | -10,031 | -11,760 | 4,172 | 11,543 | 8,324 | 3,341 | -7,181 | 16,481 | 20,581 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total comprehensive income | 51,908 | 36,381 | 32,029 | 58,410 | 55,928 | 49,350 | 43,726 | 41,145 | 32,123 | 52,693 | 56,952 | 40,212 | 24,978 | 55,924 | 22,836 | 23,163 | -11,672 | 28,571 | 13,363 | 14,928 | 15,111 | 10,226 | 16,210 | 13,860 | 18,556 | 18,073 | 12,486 | 14,656 | 15,509 | 18,760 | 15,854 | 9,151,076 | 4,650,649 | 9,762,768 | 12,338,077 | 12,086,011 | 4,482,353 | 3,721,278 | 5,692,743 | 1,865,654 | 6,422,396 | 4,095,802 | ||||||||||||||||||||||||||||||
less comprehensive income attributable to non-controlling interest | 163 | 117 | 110 | 201 | 193 | 162 | 157 | 158 | 121 | 233 | 276 | 185 | 128 | 304 | 152 | 151 | -109 | 244 | 109 | 125 | 138 | 97 | 174 | 154 | 206 | |||||||||||||||||||||||||||||||||||||||||||||||
comprehensive income attributable to agree realty corporation | 51,745 | 36,264 | 31,919 | 58,209 | 55,735 | 49,188 | 43,569 | 40,987 | 32,002 | 52,460 | 56,676 | 40,027 | 24,850 | 55,620 | 22,684 | 23,012 | -11,563 | 28,327 | 13,254 | 14,803 | 14,973 | 10,129 | 16,036 | 13,706 | 18,350 | 10,535.75 | 12,337 | 14,467 | 15,306 | 18,513 | 15,625 | 9,011,275 | 4,573,718 | 9,590,755 | 12,107,004 | 11,853,984 | 4,395,521 | 3,634,396 | 5,563,474 | 6,265,563 | 3,992,262 | |||||||||||||||||||||||||||||||
weighted-average number of common shares outstanding - basic | 109,758,046 | 107,048,557 | 100,383,207 | 100,349,943 | 100,284,588 | 97,255,143 | 93,053,870 | 90,028,255 | 79,701,136 | 75,037,920 | 71,228,930 | 69,102,500 | 64,835,984 | 62,828,897 | 53,721,956 | 52,726,230 | 45,436,191 | 40,577,346 | 41,832,457 | 40,612,372 | 37,487,851 | 22,185,525 | 20,438,729 | 18,008,592 | 17,539,358 | 17,369,832 | 14,882,586 | 14,713,740 | 14,714,357 | 12,983,774 | 4,479,345 | |||||||||||||||||||||||||||||||||||||||||
weighted-average number of common shares outstanding - diluted | 110,377,221 | 107,547,193 | 101,715,311 | 100,454,703 | 100,336,600 | 97,349,473 | 93,134,385 | 90,548,172 | 80,589,446 | 75,570,089 | 71,336,103 | 69,591,848 | 65,185,604 | 62,940,360 | 54,555,672 | 53,266,740 | 45,565,054 | 41,223,614 | 42,318,042 | 41,141,659 | 38,320,307 | |||||||||||||||||||||||||||||||||||||||||||||||||||
loss on involuntary conversion | -56,000 | -55,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax benefit | -709,000 | -709,000 | -783,000 | -485,000 | -1,009,000 | -306,000 | -260,000 | 170,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on early extinguishment of term loans and settlement of related interest rate swaps | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on early extinguishment of term loans and settlement of related interest rate swaps | -14,614,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized gain on settlement of interest rate swaps | 287 | 500 | -17 | -17 | -14 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other comprehensive income - change in fair value and settlement of interest rate swaps | 3,300 | 2,230 | 25,146 | 1,420 | -3,794 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on involuntary conversion of assets | 117,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in fair value of interest rate swaps | -2,244 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax expense | -125,000 | -125,000 | -216,000 | -50,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other comprehensive income - change in fair value of interest rate swaps | -3,405 | -3,112 | 454 | 792 | 1,920 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minimum rents | 36,320,000 | 33,622,000 | 32,129,000 | 30,743,000 | 28,574,000 | 27,325,000 | 25,160,000 | 24,014,000 | 23,349,000 | 22,279,000 | 19,911,907 | 18,491,035 | 17,016,109 | 16,735,634 | 15,972,170 | 14,554,011 | 13,461,551 | 12,628,111 | 11,790,632 | 10,313,454 | 10,683,883 | 8,137,049 | 7,950,230 | 9,056,361 | 8,344,991 | 8,179,987 | 8,331,333 | 8,133,119 | 7,754,457 | 7,642,554 | 7,687,360 | 7,452,909 | 15,329,914 | 7,532,443 | 7,547,781 | 22,415,582 | 14,962,673 | 7,052,209 | 7,290,046 | 21,096,534 | 14,468,716 | 6,316,111 | 7,025,186 | 19,752,838 | 12,921,273 | 5,931,180 | ||||||||||||||||||||||||||
percentage rents | 45,000 | 216,000 | 32,000 | 212,000 | 7,000 | 6,509 | 183,345 | -8,681 | 37,920 | 141,017 | 9,811 | 12,788 | 4,695 | 142,181 | 16,013 | 7,843 | 12,534 | 16,057 | 782 | 6,995 | 13,778 | 2,347 | 13,679 | 13,606 | 16,026 | 14,071 | 12,659 | 40,891 | 27,285 | 18,704 | 28,772 | 39,299 | 30,524 | 24,761 | 34,340 | 28,691 | 40,872 | 41,409 | ||||||||||||||||||||||||||||||||||
operating cost reimbursement | 4,272,000 | 3,654,000 | 3,490,000 | 3,564,000 | 2,736,000 | 2,791,000 | 2,881,000 | 2,344,000 | 1,899,000 | 1,845,000 | 1,934,119 | 1,589,060 | 2,030,886 | 970,555 | 1,097,938 | 1,178,025 | 845,145 | 1,010,157 | 946,608 | 428,910 | 901,257 | |||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of common shares outstanding - basic: | 32,070,255 | 31,758,925 | 30,821,185 | 30,801,471 | 27,625,102 | 28,573,022 | 26,389,703 | 25,953,097 | 22,868,736 | 23,454,083 | 18,003,122 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of common shares outstanding - diluted: | 32,401,122 | 32,287,352 | 31,222,221 | 30,851,058 | 27,700,347 | 28,656,684 | 26,457,340 | 26,009,120 | 22,959,799 | 23,563,331 | 22,265,139 | 20,480,140 | 18,065,415 | 18,064,318 | 17,587,052 | 17,416,359 | 14,966,895 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
land lease payments | 122,500 | 163,000 | 163,000 | 163,000 | 163,000 | 163,000 | 163,275 | 163,276 | 163,276 | 173,713 | 137,282 | 131,863 | 131,963 | 125,327 | 107,275 | 106,975 | 106,975 | 96,825 | 96,825 | 227,161 | 214,800 | 214,800 | 214,800 | 171,050 | 168,550 | 168,550 | 170,050 | 195,465 | 338,600 | 195,465 | 173,436 | 586,395 | 390,930 | 195,465 | 197,632 | 586,395 | 390,930 | 180,240 | 196,740 | 540,720 | 369,480 | 184,740 | ||||||||||||||||||||||||||||||
loss on debt extinguishment | -300,000 | -33,000 | -179,867 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other comprehensive income - gain on interest rate swaps | 1,402 | 203 | -411 | 741 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
comprehensive income attributable to non-controlling interest | -127.25 | -149 | -189 | -203 | -247 | -229 | -139,801 | -76,931 | -172,013 | -231,073 | -232,027 | -86,832 | -86,882 | -129,269 | -156,833 | -103,540 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other comprehensive loss | -2,935,676 | -2,011,828 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment charge | 220,000 | 2,800,000 | 112,500 | 450,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations | 7,927,182 | 14,876,264 | 10,464,834 | 6,494,181 | 5,722,003 | 4,965,608 | 2,715,870 | 5,330,747 | 4,645,781 | 4,836,359 | 5,218,344 | 14,600,708 | 9,739,835 | 4,508,947 | 4,418,076 | 13,787,497 | 9,460,840 | 4,168,784 | 4,783,792 | 13,335,503 | 8,641,015 | 3,873,477 | ||||||||||||||||||||||||||||||||||||||||||||||||||
discontinued operations | 0.03 | 0.02 | 0.36 | 0.06 | 0.005 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of assets from discontinued operations | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from discontinued operations | 1,753.5 | 365,401 | 344,702 | 91,816 | 216,211 | 216,211 | 179,293 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic earnings per share | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
continuing operations | 0.4 | 0.81 | 0.59 | 0.37 | 0.36 | 0.33 | 0.18 | 0.38 | 0.35 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted earnings per share | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on sale of assets | -235,091 | -292,652 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total discontinued operations | 34,330 | 238,340.25 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of common shares outstanding - dilutive | 14,782,051 | 14,775,596 | 13,063,187 | 4,479,345 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less net income attributable to | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-controlling interest | 61,642 | 94,672.75 | 117,619 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
agree realty corporation | 2,654,228 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
comprehensive income attributable | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
to non-controlling interest | -42,342 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
comprehensive income attributable to | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating cost reimbursements | 590,089 | 640,579 | 739,313 | 597,632 | 681,962 | 718,623 | 654,325 | 681,445 | 726,107 | 756,350 | 638,900 | 1,482,457 | 711,625 | 515,082.25 | 2,060,329 | 1,421,429 | 753,421 | 524,329.5 | 2,097,318 | 1,573,460 | 845,775 | 544,936.5 | 2,179,746 | 1,539,667 | 719,135 | |||||||||||||||||||||||||||||||||||||||||||||||
development fee income | 47,000 | 138,895 | 411,419 | 158,430 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on extinguishment of debt | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before discontinued operations | 4,175,167 | 4,090,109 | 4,608,243 | 4,390,396 | 4,291,479 | 4,137,772 | 3,719,212 | 10,254,956 | 6,848,829 | 3,164,076 | 3,049,263 | 9,858,490 | 6,820,461 | 2,863,834 | 3,275,046 | 9,250,259 | 5,952,625 | 2,093,452 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of asset from discontinued operations | -3,352 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per share – basic | 0.46 | 0.46 | 0.47 | 0.55 | 0.54 | 0.52 | 0.49 | 0.94 | 0.45 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per share – dilutive | 0.46 | 0.46 | 0.47 | 0.55 | 0.54 | 0.52 | 0.49 | 0.94 | 0.45 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividend declared per share | 0.51 | 0.51 | 0.4 | 0.51 | 0.5 | 0.5 | 0.5 | 0.49 | 0.49 | 0.49 | 0.49 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of common shares outstanding – basic | 9,580,928 | 9,317,829 | 9,619,228 | 8,040,461 | 7,879,183 | 7,774,640 | 7,676,258 | 7,643,026 | 7,605,496 | 7,559,973 | 6,466,971 | 6,467,310 | 6,466,971 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of common shares outstanding – dilutive | 9,618,240 | 9,349,696 | 9,648,462 | 8,063,717 | 7,894,349 | 7,781,740 | 7,683,039 | 7,692,133 | 7,652,469 | 7,560,318 | 6,473,919 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before minority interest | 3,927,444 | 3,916,474 | 3,918,546 | 3,703,924 | 7,835,020 | 3,682,792 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interest | -314,200 | -313,322 | -313,487 | -297,797 | -626,809 | -296,098 | 2,116,701 | -896,588 | 598,791 | -290,533 | 2,023,974 | -878,644 | 612,495 | 298,178 | 2,267,239 | -963,124 | 619,778 | 314,751 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per share — basic | 0.47 | 0.47 | 0.47 | 0.45 | 0.338 | 1.35 | 0.9 | 0.45 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per share — dilutive | 0.47 | 0.47 | 0.47 | 0.44 | 0.335 | 1.34 | 0.89 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of common shares outstanding — basic | 7,643,708 | 7,643,026 | 7,643,026 | 7,607,808 | 7,603,837 | 7,605,496 | 7,331,526 | 7,503,744 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of common shares outstanding — dilutive | 7,692,118 | 7,691,475 | 7,685,616 | 7,672,549 | 7,666,366 | 7,660,300 | 7,333,083 | 7,504,333 | 6,473,740 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before minority interest and discontinued operations | 4,042,737 | 11,151,544 | 7,447,620 | 3,454,609 | 3,315,949 | 10,737,134 | 7,432,956 | 3,162,012 | 3,616,037 | 10,213,383 | 6,572,403 | 2,408,203 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from discontinued operations, net of minority interest of 37,060 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash dividends declared per common share | 0.368 | 1.47 | 0.98 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from discontinued operations, net of minority interest of 24,943 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from discontinued operations, net of minority interest of 12,655 in 2005 | 137,815 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic and diluted earnings per share | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per share — diluted | 0.45 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of asset | 6,397 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in net income of unconsolidated entities | 96,951 | 216,837 | 193,903 | 118,831 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total other income | -1,102,127 | -3,050,363 | -2,027,884 | -1,006,772 | -1,167,755 | -3,122,120 | -2,068,612 | -1,465,274 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of asset from discontinued operations net of minority interest of 54,427 | 130,685.25 | 522,741 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from discontinued operations, net of minority interest of 37,060 and 41,718 | 103,999.25 | 415,997 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per share | 0.34 | 1.36 | 0.91 | 0.45 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from discontinued operations, net of minority interest of 6,638 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from discontinued operations, net of minority interest of 3,319 | 31,882 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weight average number of common shares outstanding — dilutive | 6,475,222 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
early extinguishment of debt | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from discontinued operations, net of minority interest of 7,805 and 71,336 | 18,743.5 | 74,974 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per share – basic and dilutive | 0.38 | 1.52 | 0.92 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from discontinued operations, net of minority interest of 40,609 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from discontinued operations, net of minority interest of 22,634 | 150,538 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per share - basic and dilutive | 0.5 |
We provide you with 20 years income statements for Agree Realty stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Agree Realty stock. Explore the full financial landscape of Agree Realty stock with our expertly curated income statements.
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