Agree Realty Corporation (ADC) vs Alexandria Real Estate Equities, Inc. (ARE)

ADC leads on 8 of 13 compared metrics.

A side-by-side comparison of Agree Realty Corporation and Alexandria Real Estate Equities, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 26, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — ADC vs ARE

growth of $100 · last 29y
ADC +277.9%ARE +163.0%ADC compounded faster
02004006008001kStart $10020022007201220172022$378$263
ADC ARE

ADC vs ARE: by the numbers

  • ARE is the larger company ($9.62B vs $9.25B market cap).
  • ADC is profitable (29.28% net margin) while ARE runs a net loss (-35.30%).
  • ADC grew revenue faster over the past five years (22.62% vs 8.60% CAGR).
  • ARE pays the higher dividend yield (5.22% vs 4.22%).

Which is better, ADC or ARE?

Metric tally: ADC 8 · ARE 5

It depends on what you're optimizing for:

GrowthADC(faster 5Y revenue CAGR)
IncomeARE(higher dividend yield)
QualityADC(higher ROIC)

Metrics side by side

Valuation

MetricADCARE
P/E ratio40.85
Forward P/E36.8129.77
P/S ratio12.193.59
P/B ratio1.470.66
PEG ratio371.36
EV / EBITDA19.44307.73

Profitability

MetricADCARE
Gross margin87.64%68.25%
Operating margin48.03%-42.76%
Net margin29.28%-35.30%
ROE3.52%-6.50%
ROIC3.78%-4.40%

Dividends

MetricADCARE
Dividend yield4.22%5.22%
Payout ratio181.02%

Growth (annualized)

MetricADCARE
Revenue CAGR (5Y)22.62%8.60%
EPS CAGR (5Y)0.11%2.38%
Total return CAGR (5Y)5.84%-18.02%

Frequently asked

Which is better, ADC or ARE?
It depends on your goal. growth: ADC (faster 5Y revenue CAGR); income: ARE (higher dividend yield); quality: ADC (higher ROIC). Across all compared metrics, ADC leads 8 to 5.
Which has grown faster, ADC or ARE?
Over the past five years, ADC grew revenue faster — ADC at a 22.62% CAGR versus ARE at 8.60%.
Does ADC or ARE pay a bigger dividend?
ADC yields 4.22% and ARE yields 5.22% based on trailing dividends and the latest price.
Is ADC or ARE more profitable?
ADC runs the higher net margin — ADC at 29.28% versus ARE at -35.30%.
Which has been the better investment, ADC or ARE?
Over the past 10-year, ADC delivered the higher annualized total return — ADC at 9.83% versus ARE at -2.29%. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 26, 2026.