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AGREE REALTY CORP

ADC

$70.45 ▲ +0.50 (+0.71%) at close

18 Visible periods

34 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Good

Bullish

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Analytical Summary

AGREE REALTY CORP shows strong fundamentals with top-quartile Profit Margin (%) and Operating Margin (%). The company's metrics support a bullish outlook for growth-oriented investors.

Market Cap $7.8B

Dividend Yield 4.37%

Revenue Growth 16.4% ↗

Op. Margin 47.4% ↘

ROIC None

FCF / Share None

Trailing P/E 39.8x

Price / Book 1.4x

FCF Yield —

Debt / Equity —

info Valuation on last close. End-of-day price, Nov 5, 2026.

18-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$718.40M

↑ +16.4% —

Net Income Profit after all expenses

$204.35M

↑ +8.0% —

Operating Margin Operating profit as % of sales

47.4%

↓ -3.3% 96th

Long-Term Debt Long-term obligations

$1.69B

↑ +38.2% —

trending_up

Bullish Indicators

Operating Margin (%)Operating Margin (%) is in the top quartile
Profit Margin (%)Profit Margin (%) is in the top quartile

warning

Bearish Risks

No bearish risks detected.

Health Breakdown

Profitability ↓

Returns ↓

Dividend History

Dividend / share · sourced from SEC filings

$3.08 Latest / share

+2.7% YoY

+3.2% 4-yr CAGR

FY 2014

FY 2015

FY 2016

FY 2017

FY 2018

FY 2019

FY 2020

FY 2021

$2.81

FY 2022

$2.92

FY 2023

$3.00

FY 2024

$3.08

FY 2025

Financial view

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📈 Is growth accelerating? 7 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Revenue Growth YoY (%)	16.4% Good ↓ Good Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+228%)	14.8% Good ↓ Good Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+196%)	25.1% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+401%)	26.7% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+433%)	36.5% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+630%)	32.6% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+552%)	26.5% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+430%)	27.1% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+443%)	27.3% Excellent → Excellent Stable Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+447%)	30.8% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+516%)	30.6% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+513%)	23.1% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+361%)	21.6% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+332%)	14.0% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+179%)	-6.7% Weak Weak Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-235%)	5.4% Fair Fair Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+7%)	—	—
EPS Growth YoY (%)	-1.1% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	5.3% Fair ↑ Fair Improving Year-over-year change in earnings per share Optimal: > 10%	-7.6% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	2.8% Caution ↑ Caution Improving Year-over-year change in earnings per share Optimal: > 10%	1.7% Caution ↑ Caution Improving Year-over-year change in earnings per share Optimal: > 10%	-10.2% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	8.9% Fair ↑ Fair Improving Year-over-year change in earnings per share Optimal: > 10%	-13.9% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	6.1% Fair ↓ Fair Declining Year-over-year change in earnings per share Optimal: > 10%	-9.2% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	75.0% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-17.9% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	-7.4% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	64.6% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-40.0% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	-23.3% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	—	—
Net Income Growth YoY (%)	8.0% Fair ↓ Fair Declining Year-over-year change in net income	11.3% Fair ↓ Fair Declining Year-over-year change in net income	11.5% Fair ↓ Fair Declining Year-over-year change in net income	24.7% Good ↓ Good Declining Year-over-year change in net income	33.8% Excellent ↑ Excellent Improving Year-over-year change in net income	14.1% Fair ↓ Fair Declining Year-over-year change in net income	37.7% Excellent ↑ Excellent Improving Year-over-year change in net income	0.1% Caution ↓ Caution Declining Year-over-year change in net income	28.8% Excellent ↓ Excellent Declining Year-over-year change in net income	15.6% Good ↓ Good Declining Year-over-year change in net income	111.0% Excellent ↑ Excellent Improving Year-over-year change in net income	-6.0% Weak ↓ Weak Declining Year-over-year change in net income	9.0% Fair ↓ Fair Declining Year-over-year change in net income	89.0% Excellent ↑ Excellent Improving Year-over-year change in net income	-36.6% Weak Weak Year-over-year change in net income	-11.6% Weak Weak Year-over-year change in net income	—	—
FCF Growth YoY (%) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Revenue CAGR 3Y (%)	18.7% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	22.1% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	29.3% Excellent → Excellent Stable Compound annual revenue growth over 3 years	31.9% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	31.8% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	28.7% Excellent → Excellent Stable Compound annual revenue growth over 3 years	27.0% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	28.4% Excellent → Excellent Stable Compound annual revenue growth over 3 years	29.6% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	28.1% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	25.0% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	19.5% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	8.9% Fair Fair Compound annual revenue growth over 3 years	3.8% Caution Caution Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	23.6% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	26.9% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	29.4% Excellent → Excellent Stable Compound annual revenue growth over 5 years	29.8% Excellent → Excellent Stable Compound annual revenue growth over 5 years	30.0% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	28.9% Excellent → Excellent Stable Compound annual revenue growth over 5 years	28.5% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	27.8% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	26.6% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	23.9% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	15.7% Excellent Excellent Compound annual revenue growth over 5 years	10.9% Good Good Compound annual revenue growth over 5 years	—	—	—	—	—	—
EPS CAGR 3Y (%)	-1.3% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	0.0% Caution ↑ Caution Improving Compound annual EPS growth over 3 years	-1.1% Weak ↑ Weak Improving Compound annual EPS growth over 3 years	-2.1% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	-0.2% Weak ↑ Weak Improving Compound annual EPS growth over 3 years	-5.6% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	-0.2% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	-6.0% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	19.0% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	9.3% Fair ↑ Fair Improving Compound annual EPS growth over 3 years	10.0% Good ↑ Good Improving Compound annual EPS growth over 3 years	7.8% Fair ↑ Fair Improving Compound annual EPS growth over 3 years	-2.9% Weak Weak Compound annual EPS growth over 3 years	-8.8% Weak Weak Compound annual EPS growth over 3 years	—	—	—	—

💰 Are margins durable? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Operating Margin (%) (%)	47.4% Excellent → Excellent Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+58%)	49.0% Excellent → Excellent Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+63%)	47.3% Excellent ↓ Excellent Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+58%)	50.7% Excellent ↓ Excellent Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+69%)	56.1% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+87%)	50.3% Excellent → Excellent Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+68%)	53.9% Excellent → Excellent Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+80%)	49.3% Excellent ↓ Excellent Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+64%)	53.7% Excellent → Excellent Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+79%)	56.3% Excellent → Excellent Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+88%)	57.3% Excellent → Excellent Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+91%)	52.1% Excellent ↓ Excellent Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+74%)	58.4% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+95%)	56.0% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+87%)	50.7% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+69%)	35.2% Excellent Excellent Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+17%)	58.1% Excellent Excellent Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+94%)	—
Profit Margin (%) (%)	28.4% Excellent ↓ Excellent Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+14%)	30.7% Excellent ↓ Excellent Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+23%)	31.6% Excellent ↓ Excellent Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+26%)	35.5% Excellent ↓ Excellent Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+42%)	36.0% Excellent ↓ Excellent Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+44%)	36.8% Excellent ↓ Excellent Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+47%)	42.7% Excellent ↓ Excellent Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+71%)	39.3% Excellent ↓ Excellent Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+57%)	49.9% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+99%)	49.3% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+97%)	55.8% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+123%)	34.5% Excellent ↓ Excellent Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+38%)	45.2% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+81%)	50.4% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+102%)	30.4% Excellent ↓ Excellent Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+22%)	44.7% Excellent Excellent Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+79%)	53.3% Excellent Excellent Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+113%)	—
FCF Margin (%) (%) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
FCF / Net Income (x) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Return on Invested Capital (%) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Capital (%) (%)	3.5% Weak → Weak Stable Operating profit relative to total assets Optimal: > 10%	3.6% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	3.3% Weak → Weak Stable Operating profit relative to total assets Optimal: > 10%	3.2% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	3.6% Weak → Weak Stable Operating profit relative to total assets Optimal: > 10%	3.2% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	3.8% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	3.6% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	4.2% Caution ↓ Caution Declining Operating profit relative to total assets Optimal: > 10%	4.6% Caution ↓ Caution Declining Operating profit relative to total assets Optimal: > 10%	5.1% Caution → Caution Stable Operating profit relative to total assets Optimal: > 10%	4.7% Caution ↓ Caution Declining Operating profit relative to total assets Optimal: > 10%	5.5% Caution ↑ Caution Improving Operating profit relative to total assets Optimal: > 10%	5.4% Caution ↑ Caution Improving Operating profit relative to total assets Optimal: > 10%	5.4% Caution Caution Operating profit relative to total assets Optimal: > 10%	4.2% Caution Caution Operating profit relative to total assets Optimal: > 10%	—	—
Return on Common Equity (%) (%)	3.3% Weak → Weak Stable Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-59%)	3.4% Weak → Weak Stable Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-57%)	3.3% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-59%)	3.3% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-59%)	3.6% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-55%)	3.6% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-55%)	4.7% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-41%)	4.7% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-41%)	6.4% Caution ↓ Caution Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-20%)	6.6% Caution → Caution Stable Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-17%)	8.6% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+8%)	5.2% Caution ↓ Caution Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-35%)	6.8% Caution ↓ Caution Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-15%)	9.2% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+16%)	6.0% Caution Caution Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-25%)	9.2% Caution Caution Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+15%)	—	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Debt to Equity (x)	—	—	—	—	0.50x Good ↓ Good Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-50%)	0.49x Good Good Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-51%)	—	0.59x Good ↓ Good Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-41%)	—	0.59x Good ↓ Good Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-41%)	0.71x Fair ↑ Fair Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-29%)	0.63x Fair ↑ Fair Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-37%)	0.55x Good Good Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-45%)	0.60x Fair Fair Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-40%)	—	—	—	—
Interest Coverage (x) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Debt (USD)	$-16.30M	$-6.40M	$-10.91M	$-27.76M	$1.65B	$1.22B	$-15.60M	$670.11M	$-50.81M	$370.66M	$316.87M	$216.36M	$143.86M	$116.11M	$-2.00M	$-593.28K	$-688.67K	$-668.68K
Debt / EBITDA (x) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

📊 What does each share earn? 8 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Revenue per Share (USD)	$6.49	$6.10	$5.65	$5.46	$5.08	$4.80	$4.62	$4.62	$4.22	$4.00	$3.89	$3.60	$3.33	$3.23	$3.26	—	—	—
Basic EPS, GAAP (USD)	$1.77	$1.79	$1.70	$1.84	$1.79	$1.76	$1.96	$1.80	$2.09	$1.97	$2.17	$1.24	$1.51	$1.63	$0.99	$1.65	$2.15	—
Free Cash Flow per Share (USD) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Dividend per Share (USD)	$3.08	$3.00	$2.92	$2.81	—	—	—	—	—	—	—	—	$1.64	$1.60	$1.60	—	—	—
Book Value per Share (USD)	$52.25	$51.38	$51.72	$51.33	$47.94	$42.06	$37.07	$32.92	$29.31	$26.10	$21.86	$20.16	$19.46	$17.08	$16.19	$16.83	—	—
Tangible Book Value per Share (USD)	$52.25	$51.38	$51.72	$51.33	$47.94	$42.06	$37.07	$32.92	$29.31	$26.10	$21.86	$20.16	$19.46	$17.08	$16.19	$16.83	—	—
Basic Weighted Avg Shares (shares)	110.72M	101.10M	95.19M	78.66M	66.80M	51.84M	40.58M	32.07M	27.63M	22.87M	18.00M	14.88M	13.07M	11.07M	9.64M	—	—	—
Dividend Payout Ratio (%)	174.1% Weak ↑ Weak Improving Dividends paid as a percentage of earnings Optimal: 30-60%	167.6% Weak → Weak Stable Dividends paid as a percentage of earnings Optimal: 30-60%	171.7% Weak Weak Dividends paid as a percentage of earnings Optimal: 30-60%	152.4% Weak Weak Dividends paid as a percentage of earnings Optimal: 30-60%	—	—	—	—	—	—	—	—	108.6% Weak ↓ Weak Declining Dividends paid as a percentage of earnings Optimal: 30-60%	98.2% Weak Weak Dividends paid as a percentage of earnings Optimal: 30-60%	161.6% Weak Weak Dividends paid as a percentage of earnings Optimal: 30-60%	—	—	—

🏦 How resilient is the balance sheet? 2 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
LT Debt (USD)	—	—	—	—	$1.69B	$1.23B	—	$724.06M	—	$404.05M	$319.58M	$221.76M	$158.40M	$117.38M	—	—	—	—
Total Equity (USD)	$6.27B	$5.51B	$5.20B	$4.63B	$3.42B	$2.52B	$1.69B	$1.24B	$908.66M	$682.98M	$451.12M	$353.62M	$289.57M	$195.31M	$159.55M	$164.24M	—	—

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Sales/Revenue/Turnover (USD)	$718.40M	$617.10M	$537.50M	$429.81M	$339.32M	$248.57M	$187.48M	$148.19M	$116.56M	$91.53M	$69.97M	$53.56M	$43.52M	$35.79M	$31.41M	$33.68M	$31.97M	—
Depreciation Expense (USD)	—	—	—	—	—	—	—	$24.70M	$19.59M	$15.27M	$11.53M	$8.49M	$7.00M	$5.79M	$6.06M	$5.81M	$5.64M	—
Net Income, GAAP (USD)	$204.35M	$189.20M	$169.96M	$152.44M	$122.27M	$91.38M	$80.08M	$58.17M	$58.11M	$45.12M	$39.02M	$18.49M	$19.67M	$18.05M	$9.55M	$15.07M	$17.04M	—
Operating Cash Flow (USD)	$504.14M	$431.97M	$391.60M	$362.12M	$246.31M	$142.96M	$126.71M	$93.25M	$82.20M	—	—	$35.10M	—	$21.21M	$25.50M	$26.11M	$23.58M	—

🏛️ Sector-Specific 2 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
FFO (approx.) (USD)	$443.66M	$396.18M	$346.24M	$286.01M	$218.00M	$158.14M	$125.78M	$101.87M	$89.86M	$68.53M	$55.50M	$29.59M	$28.16M	$24.52M	$14.97M	$20.35M	$22.00M	—
FFO per Share (approx.) (USD)	$4.01	$3.92	$3.64	$3.64	$3.26	$3.05	$3.10	$3.18	$3.25	$3.00	$3.08	$1.99	$2.16	$2.21	$1.55	—	—	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 4 days ago 18 years · 69 quarters

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