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Cash Flow Overview

Unit: Thousand (K) dollars
Positive Cash Flow Breakdown
    • Unsecured revolving credit facil...
    • Proceeds from common stock offer...
    • Proceeds from unsecured term loa...
    • Others
Negative Cash Flow Breakdown
    • Unsecured revolving credit facil...
    • Acquisition of real estate inves...
    • Payment of common stock dividend...
    • Others
Cash Flow
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Net income
54,809
62,231
56,209
148,780
Depreciation and amortization
69,094
66,699
63,436
175,872
Amortization from above (below) market lease intangibles, net
11,234
10,678
9,987
26,427
Amortization from financing costs, credit facility costs and debt discount
2,140
2,087
2,008
5,401
Stock-based compensation
3,775
3,534
3,297
9,694
Straight-line accrued rent
4,583
4,942
4,582
12,774
Provision for impairment
5,900
1,400
1,600
10,272
Settlement of interest rate swaps
0
-
0
-13,551
Gain on sale of assets
2,014
1,697
2,209
3,207
Gain on involuntary conversion
511
528
-30
-
Change in accounts receivable
-2,618
2,292
378
-1,561
Change in other assets
-3,358
12,489
-10,247
16,829
Change in accounts payable, accrued expenses, and other liabilities
-14,850
20,475
-28,330
34,073
Net cash provided by operating activities
130,970
145,156
111,315
392,821
Acquisition of real estate investments and other assets
457,667
412,335
348,423
1,089,670
Development of real estate investments and other assets, net of reimbursements (including capitalized interest of 1,148 in 2026, 939 in 2025)
54,125
28,883
43,351
102,085
Net proceeds from involuntary conversion
662
1,287
-
-
Payment of leasing costs
562
306
528
1,142
Net proceeds from sale of assets
28,858
10,065
19,295
22,772
Net cash used in investing activities
-482,834
-430,172
-373,007
-1,170,125
Proceeds from common stock offerings, net
312,872
0
428,265
476,046
Repurchase of common shares
10
6,058
25
3,715
Unsecured revolving credit facility and commercial paper notes borrowings
30,400,698
12,540,741
9,806,317
19,151,777
Unsecured revolving credit facility and commercial paper notes repayments
30,373,348
12,391,591
9,874,817
18,920,777
Payments of mortgage notes payable
270
267
263
763
Proceeds from senior unsecured notes
0
-
0
397,188
Payments of senior unsecured notes
0
-
0
50,000
Proceeds from unsecured term loans
100,000
250,000
0
-
Payment of series a preferred dividends
1,859
1,859
1,859
5,578
Payment of common stock dividends
95,602
94,930
89,462
251,190
Distributions to non-controlling interest
278
273
271
797
Payments for financing lease liability
-
-
0
-
Payments for financing costs
354
164
2,449
4,408
Net cash provided by financing activities
341,849
295,599
265,436
787,783
Change in cash and cash equivalents and cash held in escrow
-10,015
10,583
3,744
10,479
Cash and cash equivalents and cash held in escrow, beginning of period
31,205
20,622
16,878
6,399
Cash and cash equivalents and cash held in escrow, end of period
21,190
31,205
20,622
16,878
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Cash Flow

Unsecured revolvingcredit facility and...$30,400,698K Depreciation andamortization$69,094K Net income$54,809K Amortization from above(below) market lease...$11,234K Proceeds from commonstock offerings, net$312,872K Proceeds from unsecuredterm loans$100,000K Provision for impairment$5,900K Stock-based compensation$3,775K Change in other assets-$3,358K Change in accountsreceivable-$2,618K Amortization from financingcosts, credit facility...$2,140K Net cash provided byfinancing activities$341,849K Net cash provided byoperating activities$130,970K Canceled cashflow$30,471,721K Canceled cashflow$21,958K Change in cash and cashequivalents and cash held in...-$10,015K Canceled cashflow$472,819K Net proceeds fromsale of assets$28,858K Net proceeds frominvoluntary conversion$662K Unsecured revolvingcredit facility and...$30,373,348K Payment of common stockdividends$95,602K Payment of series apreferred dividends$1,859K Payments for financingcosts$354K Distributions tonon-controlling interest$278K Payments of mortgagenotes payable$270K Repurchase of common shares$10K Change in accountspayable, accrued...-$14,850K Straight-line accrued rent$4,583K Gain on sale of assets$2,014K Gain on involuntaryconversion$511K Net cash used ininvesting activities-$482,834K Canceled cashflow$29,520K Acquisition of real estateinvestments and other assets$457,667K Development of real estateinvestments and other...$54,125K Payment of leasing costs$562K

AGREE REALTY CORP (ADC-PA)

AGREE REALTY CORP (ADC-PA)