Agree Realty Corporation (ADC) vs Federal Realty Investment Trust (FRT)

FRT leads on 10 of 17 compared metrics.

A side-by-side comparison of Agree Realty Corporation and Federal Realty Investment Trust across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — ADC vs FRT

growth of $100 · last 30y
ADC +321.3%FRT +475.1%FRT compounded faster
0200400600800Start $100200120062011201620212026$421$575
ADC FRT

ADC vs FRT: by the numbers

  • FRT is the larger company ($10.87B vs $9.11B market cap).
  • FRT trades at the lower earnings multiple (21.66 vs 40.77 P/E).
  • FRT converts more revenue to profit (38.61% vs 29.28% net margin).
  • ADC grew revenue faster over the past five years (22.62% vs 9.79% CAGR).
  • ADC pays the higher dividend yield (4.13% vs 3.57%).

Which is better, ADC or FRT?

Metric tally: ADC 7 · FRT 10

It depends on what you're optimizing for:

ValueFRT(lower P/E)
GrowthADC(faster 5Y revenue CAGR)
IncomeADC(higher dividend yield)
QualityFRT(higher ROIC)

Valuation

MetricADCFRT
P/E ratio40.7721.66
Forward P/E36.7140.88
P/S ratio12.178.32
P/B ratio1.463.29
PEG ratio370.630.53
EV / EBITDA20.2114.46
FCF yield1.21%4.85%

Profitability

MetricADCFRT
Gross margin87.64%53.60%
Operating margin48.03%41.58%
Net margin29.28%38.61%
ROE3.52%15.29%
ROIC3.51%480.25%

Dividends

MetricADCFRT
Dividend yield4.13%3.57%
Payout ratio176.84%93.74%

Growth (annualized)

MetricADCFRT
Revenue CAGR (5Y)22.62%9.79%
EPS CAGR (5Y)0.11%24.22%
FCF CAGR (5Y)-7.18%71.36%
Total return CAGR (5Y)5.56%4.67%

Frequently asked

Which is better, ADC or FRT?
It depends on your goal. value: FRT (lower P/E); growth: ADC (faster 5Y revenue CAGR); income: ADC (higher dividend yield); quality: FRT (higher ROIC). Across all compared metrics, FRT leads 10 to 7.
Is ADC or FRT cheaper?
On trailing earnings, FRT is cheaper: ADC trades at a 40.77 P/E and FRT at 21.66.
Which has grown faster, ADC or FRT?
Over the past five years, ADC grew revenue faster — ADC at a 22.62% CAGR versus FRT at 9.79%.
Does ADC or FRT pay a bigger dividend?
ADC yields 4.13% and FRT yields 3.57% based on trailing dividends and the latest price.
Is ADC or FRT more profitable?
FRT runs the higher net margin — ADC at 29.28% versus FRT at 38.61%.
Which has been the better investment, ADC or FRT?
Over the past 10-year, ADC delivered the higher annualized total return — ADC at 9.97% versus FRT at 1.63%. 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 13, 2026.