The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income | 204,989 |
| Depreciation and amortization | 239,308 |
| Amortization from above (below) market lease intangibles, net | 36,414 |
| Amortization from financing costs, credit facility costs and debt discount | 7,409 |
| Stock-based compensation | 12,991 |
| Straight-line accrued rent | 17,356 |
| Provision for impairment | 11,872 |
| Settlement of interest rate swaps | -13,551 |
| Gain on sale of assets | 5,416 |
| Loss on involuntary conversion of assets | -30 |
| Change in accounts receivable | -1,183 |
| Change in other assets | 6,582 |
| Change in accounts payable, accrued expenses, and other liabilities | 5,743 |
| Net cash provided by operating activities | 504,136 |
| Acquisition of real estate investments and other assets | 1,438,093 |
| Development of real estate investments and other assets, net of reimbursements (including capitalized interest of 2,027 in 2025, 1,599 in 2024 and 1,957 in 2023) | 145,436 |
| Payment of leasing costs | 1,670 |
| Net proceeds from sale of assets | 42,067 |
| Net cash used in investing activities | -1,543,132 |
| Proceeds from common stock offerings, net | 904,311 |
| Repurchase of common shares | 3,740 |
| Unsecured revolving credit facility and commercial paper notes borrowings | 28,958,094 |
| Unsecured revolving credit facility and commercial paper notes repayments | 28,795,594 |
| Payments of mortgage notes payable | 1,026 |
| Proceeds from unsecured term loan | 0 |
| Proceeds from senior unsecured notes | 397,188 |
| Payments of senior unsecured notes | 50,000 |
| Payment of series a preferred dividends | 7,437 |
| Payment of common stock dividends | 340,652 |
| Distributions to non-controlling interest | 1,068 |
| Payments for financing lease liability | 0 |
| Payments for financing costs | 6,857 |
| Net cash provided by financing activities | 1,053,219 |
| Change in cash and cash equivalents and cash held in escrow | 14,223 |
| Cash and cash equivalents at beginning of period | 6,399 |
| Cash and cash equivalents at end of period | 20,622 |
AGREE REALTY CORP (ADC-PA)
AGREE REALTY CORP (ADC-PA)