Financial insights of ADC-PA

MyFinsight

For the year ending 2025-12-31, ADC-PA made $718,398K in revenue. $196,912K in net income. Net profit margin of 27.41%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-12-31
Total revenues	718,398
Real estate taxes	52,231
Property operating expenses	33,773
Land lease expense	2,143
General and administrative	44,062
Depreciation and amortization	239,308
Provision for impairment	11,872
Total operating expenses	383,389
Gain on sale of assets, net	5,416
Loss on involuntary conversion, net	-30
Income from operations	340,395
Interest expense, net	134,612
Income and other tax expense	1,735
Other income	941
Net income	204,989
Less net income attributable to non-controlling interest	640
Net income attributable to agree realty corporation	204,349
Less series a preferred stock dividends	7,437
Net income attributable to common stockholders	196,912

Basic (in usd per share)	1.77
Diluted (in usd per share)	1.77
Weighted average number of common shares outstanding - basic, (in shares)	110,723,375
Weighted average number of common shares outstanding - diluted, (in shares)	111,200,645