Is ADC or NNN cheaper?

On trailing earnings, NNN is cheaper: ADC trades at a 40.77 P/E and NNN at 22.62.

Which has grown faster, ADC or NNN?

Over the past five years, ADC grew revenue faster — ADC at a 22.62% CAGR versus NNN at 7.06%.

Does ADC or NNN pay a bigger dividend?

ADC yields 4.13% and NNN yields 5.15% based on trailing dividends and the latest price.

Is ADC or NNN more profitable?

NNN runs the higher net margin — ADC at 29.28% versus NNN at 41.38%.

Which has been the better investment, ADC or NNN?

Over the past 10-year, ADC delivered the higher annualized total return — ADC at 9.97% versus NNN at 4.73%. Past performance doesn't predict future results.

Agree Realty Corporation (ADC) vs NNN REIT, Inc. (NNN)

NNN leads on 13 of 17 compared metrics.

A side-by-side comparison of Agree Realty Corporation and NNN REIT, Inc. 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).

ADC

Agree Realty Corporation

Total return — ADC vs NNN

growth of $100 · last 30y

ADC +321.3%NNN +251.6%ADC compounded faster

ADC NNN

ADC vs NNN: by the numbers

•ADC is the larger company ($9.11B vs $8.86B market cap).
•NNN trades at the lower earnings multiple (22.62 vs 40.77 P/E).
•NNN converts more revenue to profit (41.38% vs 29.28% net margin).
•ADC grew revenue faster over the past five years (22.62% vs 7.06% CAGR).
•NNN pays the higher dividend yield (5.15% vs 4.13%).

Which is better, ADC or NNN?

Metric tally: ADC 4 · NNN 13

It depends on what you're optimizing for:

ValueNNN(lower P/E)

GrowthADC(faster 5Y revenue CAGR)

IncomeNNN(higher dividend yield)

QualityNNN(higher ROIC)

Valuation

Metric	ADC	NNN
P/E ratio	40.77	22.62●
Forward P/E	36.71	23.04●
P/S ratio	12.17	9.43●
P/B ratio	1.46●	2.01
PEG ratio	370.63	2.03●
EV / EBITDA	20.21	15.72●
FCF yield	1.21%	7.37%●

Profitability

Metric	ADC	NNN
Gross margin	87.64%●	81.38%
Operating margin	48.03%	63.13%●
Net margin	29.28%	41.38%●
ROE	3.52%	8.81%●
ROIC	3.51%	6.10%●

Dividends

Metric	ADC	NNN
Dividend yield	4.13%	5.15%●
Payout ratio	176.84%	115.94%

Growth (annualized)

Metric	ADC	NNN
Revenue CAGR (5Y)	22.62%●	7.06%
EPS CAGR (5Y)	0.11%	11.15%●
FCF CAGR (5Y)	-7.18%	6.14%●
Total return CAGR (5Y)	5.56%●	4.03%

Frequently asked

Which is better, ADC or NNN?: It depends on your goal. value: NNN (lower P/E); growth: ADC (faster 5Y revenue CAGR); income: NNN (higher dividend yield); quality: NNN (higher ROIC). Across all compared metrics, NNN leads 13 to 4.
Is ADC or NNN cheaper?: On trailing earnings, NNN is cheaper: ADC trades at a 40.77 P/E and NNN at 22.62.
Which has grown faster, ADC or NNN?: Over the past five years, ADC grew revenue faster — ADC at a 22.62% CAGR versus NNN at 7.06%.
Does ADC or NNN pay a bigger dividend?: ADC yields 4.13% and NNN yields 5.15% based on trailing dividends and the latest price.
Is ADC or NNN more profitable?: NNN runs the higher net margin — ADC at 29.28% versus NNN at 41.38%.
Which has been the better investment, ADC or NNN?: Over the past 10-year, ADC delivered the higher annualized total return — ADC at 9.97% versus NNN at 4.73%. Past performance doesn't predict future results.

Go deeper

Full ADC analysis Full NNN analysis Interactive comparison tool

Dig into the metrics

Agree Realty P/E ratio NNN REIT P/E ratio Agree Realty dividend yield NNN REIT dividend yield Agree Realty ROE NNN REIT ROE Agree Realty operating margin NNN REIT operating margin Agree Realty revenue growth NNN REIT revenue growth Agree Realty free cash flow NNN REIT free cash flow

Agree Realty & NNN REIT appear in these rankings

Highest Dividend Yield Stocks Dividend Aristocrats Fastest Revenue Growth Stocks Highest Operating Margin Stocks

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.