Agree Realty Corporation
Agree Realty Corporation is a publicly traded real estate investment trust primarily engaged in the acquisition and development of properties net leased to industry-leading retail tenants. As of September 30, 2020, the Company owned and operated a portfo…
REIT - Retail
US, Bloomfield Hills [HQ]
ADC/Financial Reporting
Income Statements
15 Sheets · Starting from 2023In Million USD. Margins, Growth Rates In %
| Metric | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 37.00 | 36.00 | 36.00 | 35.00 | 43.00 | 53.00 | 69.00 | 91.00 | 116.00 | 148.00 | 187.00 | 248.00 | 363.00 | 463.00 | 537.00 | |
|
EPS
|
2.20 | 1.54 | 0.99 | 1.63 | 1.51 | 1.24 | 2.17 | 1.97 | 2.09 | 1.81 | 1.96 | 1.76 | 1.79 | 1.84 | 1.70 | |
| Diluted in mil. | 2.14 | 1.54 | 0.99 | 1.62 | 1.50 | 1.24 | 2.16 | 1.97 | 2.08 | 1.80 | 1.93 | 1.74 | 1.78 | 1.83 | 1.70 | |
|
Profit
|
34.00 | 32.00 | 31.00 | 32.00 | 39.00 | 48.00 | 63.00 | 82.00 | 104.00 | 131.00 | 163.00 | 216.00 | 298.00 | 377.00 | 297.00 | |
| Gross Margin | 93.49 | 89.34 | 86.48 | 90.00 | 91.60 | 90.82 | 90.88 | 90.61 | 89.30 | 88.52 | 87.46 | 87.23 | 82.03 | 81.51 | 55.41 | |
| Pre Tax | 15.00 | 15.00 | 9.00 | 14.00 | 18.00 | 18.00 | 39.00 | 45.00 | 58.00 | 59.00 | 81.00 | 93.00 | 125.00 | 155.00 | 176.00 | |
| Profit Margin | 41.55 | 41.72 | 26.30 | 41.70 | 43.54 | 35.05 | 56.83 | 50.04 | 50.44 | 40.02 | 43.37 | 37.44 | 34.45 | 33.66 | 32.89 | |
| ETR | -63.46 | 43.19 | 101.52 | -20.94 | -3.85 | 47.26 | 2.75 | 13.96 | 7.86 | 0.87 | 0.66 | 1.17 | 1.92 | 1.83 | 1.65 | |
| Net | 17.00 | 15.00 | 9.00 | 18.00 | 19.00 | 18.00 | 39.00 | 45.00 | 58.00 | 58.00 | 80.00 | 91.00 | 122.00 | 152.00 | 169.00 | |
| Profit Margin | 48.29 | 41.72 | 26.30 | 50.43 | 45.21 | 34.52 | 55.77 | 49.29 | 49.86 | 39.25 | 42.71 | 36.76 | 33.63 | 32.91 | 31.62 | |
| EBITDA | 28.00 | 34.00 | 27.00 | 26.00 | 33.00 | 42.00 | 44.00 | 65.00 | 79.00 | 110.00 | 136.00 | 192.00 | 274.00 | 343.00 | 437.00 | |
| EBITDA Margin | 76.05 | 96.81 | 74.44 | 74.12 | 77.92 | 78.44 | 63.81 | 71.33 | 68.59 | 74.33 | 72.92 | 77.31 | 75.47 | 74.08 | 81.42 | |
| Operating Income | 22.00 | 13.00 | 15.00 | 20.00 | 25.00 | 27.00 | 40.00 | 51.00 | 62.00 | 73.00 | 101.00 | 125.00 | 190.00 | 218.00 | 263.00 | |
| Operating Margin | 60.73 | 38.42 | 42.94 | 56.05 | 58.41 | 52.07 | 57.33 | 56.28 | 53.53 | 49.26 | 53.92 | 50.34 | 52.33 | 47.09 | 48.94 | |
| Interest Income | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | 33.00 | 40.00 | 50.00 | 63.00 | - - | |
| Loss | -14.00 | -14.00 | -17.00 | -15.00 | -18.00 | -22.00 | -29.00 | -40.00 | -54.00 | -72.00 | -84.00 | -119.00 | -186.00 | -249.00 | -274.00 | |
| Cost of Revenue | -2.00 | -3.00 | -4.00 | -3.00 | -3.00 | -4.00 | -6.00 | -8.00 | -12.00 | -17.00 | -23.00 | -31.00 | -65.00 | -85.00 | -239.00 | |
|
Operating Expenses
|
-14.00 | -10.00 | -12.00 | -12.00 | -14.00 | -17.00 | -23.00 | -31.00 | -41.00 | -55.00 | -61.00 | -87.00 | -121.00 | -163.00 | -34.00 | |
| R&D | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| G&A | -4.00 | -5.00 | -5.00 | -5.00 | -5.00 | -6.00 | -6.00 | -8.00 | -9.00 | -12.00 | -15.00 | -20.00 | -25.00 | -30.00 | -34.00 | |
| SG&A | -5.00 | -5.00 | -5.00 | -5.00 | -5.00 | -6.00 | -6.00 | -8.00 | -9.00 | -12.00 | -15.00 | -20.00 | -25.00 | -30.00 | -34.00 | |
| S&M | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Depreciation and Amortization | -5.00 | -6.00 | -7.00 | -7.00 | -9.00 | -12.00 | -16.00 | -23.00 | -31.00 | -43.00 | -59.00 | -82.00 | -120.00 | -166.00 | -174.00 | |
| Interest Expenses | -4.00 | -4.00 | -4.00 | -5.00 | -6.00 | -8.00 | - - | -15.00 | -18.00 | -24.00 | -32.00 | -44.00 | -66.00 | -63.00 | -76.00 | |
| Other Expenses | -14.00 | -7.00 | -1.00 | -5.00 | -6.00 | -3.00 | -11.00 | -9.00 | -14.00 | -8.00 | -19.00 | -32.00 | -64.00 | -62.00 | -86.00 | |
|
WA Shares Outstanding
|
7.00 | 9.00 | 9.00 | 11.00 | 13.00 | 14.00 | 18.00 | 22.00 | 27.00 | 32.00 | 40.00 | 51.00 | 66.00 | 78.00 | 95.00 | |
| Diluted | 8.00 | 9.00 | 9.00 | 11.00 | 13.00 | 14.00 | 18.00 | 22.00 | 27.00 | 32.00 | 41.00 | 52.00 | 67.00 | 79.00 | 95.00 |