Earnings Summary

Agree Realty Corp’s revenue jumped 23.86% since last year same period to $129.9Mn in the Q2 2023. On a quarterly growth basis, Agree Realty Corp has generated 2.59% jump in its revenue since last 3-months.

Agree Realty Corp’s net profit jumped 14.35% since last year same period to $39.01Mn in the Q2 2023. On a quarterly growth basis, Agree Realty Corp has generated 673.53% jump in its net profits since last 3-months.

Agree Realty Corp’s net profit margin fell -7.68% since last year same period to 30.03% in the Q2 2023. On a quarterly growth basis, Agree Realty Corp has generated 653.98% jump in its net profit margins since last 3-months.

Agree Realty Corp’s earning per share (EPS) estimates for the current quarter stand at 0.41 - a -6.82% fall from last quarter’s estimates.

Agree Realty Corp’s earning per share (EPS) estimates for the current year stand at 0.41.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Agree Realty Corp’s return on assets (ROA) stands at 0.02.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Agree Realty Corp’s return on equity (ROE) stands at 0.04.

Agree Realty Corp declared 0.72 dividend per share during the earnings announcement for Q1 2023.