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Agree Realty Corporation (ADC)
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Agree Realty Corporation (ADC) FCF Payout Ratio: 314.20%

Is Agree Realty Corporation’s FCF payout ratio high or low?

Agree Realty Corporation's FCF payout ratio of 314.20% is 331% above its 5-year average of 72.91%, near the high end of its 5-year range (62.89%–81.22%).

The FCF payout ratio for Agree Realty Corporation (ADC) is 314.20%. It is above its 12-month average by 345.51% (70.53%).

ADC FCF Payout Ratio Chart

ADC FCF Payout Ratio
69.05%-4.11% 1Y
Zoom

ADC Average FCF Payout Ratio Chart

ADC Current vs Average FCF Payout Ratio Chart

ADC FCF Payout Ratio Metrics

FCF PAYOUT RATIO

314.20%

FCF PAYOUT RATIO AVG TTM

70.53%

FCF PAYOUT RATIO AVG 3Y

69.19%

FCF PAYOUT RATIO AVG 5Y

72.91%

FCF PAYOUT RATIO AVG 10Y

71.86%

FCF PAYOUT RATIO AVG 15Y

72.61%

FCF PAYOUT RATIO AVG 20Y

306.10%

CURRENT VS TTM AVG

+345.51%

CURRENT VS 3Y AVG

+354.13%

CURRENT VS 5Y AVG

+330.93%

CURRENT VS 10Y AVG

+337.27%

CURRENT VS 15Y AVG

+332.71%

CURRENT VS 20Y AVG

+2.65%

Payout Ratio Comparison

FCF Payout Ratio

314.2%

Earnings Payout Ratio

176.8%

Dividend Yield

4.14%

FCF Yield

1.21%

Annual FCF Payout Ratio History

YearFree Cash FlowDividends PaidFCF Payout Ratio
2025$504.14M$348.09M69.0%
2024$431.97M$311.04M72.0%
2023$391.60M$285.11M72.8%
2022$362.12M$227.74M62.9%
2021$246.31M$195.82M79.5%
2020$142.96M$116.11M81.2%
2019$126.71M$90.26M71.2%
2018$93.25M$67.64M72.5%
2017$82.20M$55.15M67.1%
2016$61.73M$42.06M68.1%
2015$44.61M$32.99M73.9%
2014$35.10M$25.40M72.4%
2013$29.59M$20.86M70.5%
2012$21.21M$17.66M83.3%
2011($11.62M)$17.40MN/A (Loss)
2010($12.71M)$19.05MN/A (Loss)
2009$14.83M$17.13M115.5%
2008$511,411$16.92M3308.3%
2007$1.88M$16.50M877.0%
2006$10.99M$16.41M149.3%
2005$4.52M$15.78M349.2%
2004($3.41M)$13.87MN/A (Loss)
2003($4.46M)$10.78MN/A (Loss)
2002($249,807)$9.41MN/A (Loss)
2001$8.21M$9.36M114.0%
2000$1.52M$9.31M611.3%
1999$437,872$9.30M2123.9%
1998($2.53M)$9.20MN/A (Loss)
1997$558,906$7.50M1341.9%
1996($5.87M)$5.90MN/A (Loss)

Formula: FCF Payout Ratio = Dividends Paid / Free Cash Flow × 100

FCF payout and earnings payout:

  • FCF represents operating cash flow after capital expenditures
  • FCF payout compares dividends paid with free cash flow
  • FCF payout above 100% means dividends paid exceeded free cash flow for the period
  • Earnings payout compares dividends paid with net income

Reading the series: Use the chart and table to compare dividend payments with cash generation over time.

Agree Realty Corporation FCF Payout Ratio Formula & Definition

FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Agree Realty Corporation FCF Payout Ratio FAQ

What is the FCF payout ratio for Agree Realty Corporation (ADC)?
The FCF payout ratio for ADC stock is 314.20%.
Is Agree Realty Corporation's FCF payout ratio high or low?
Agree Realty Corporation's FCF payout ratio of 314.20% is 331% above its 5-year average of 72.91%, near the high end of its 5-year range (62.89%–81.22%).
What is the TTM average FCF payout ratio for Agree Realty Corporation (ADC)?
The TTM average FCF payout ratio for ADC stock is 70.53%.
What is the 3Y average FCF payout ratio for Agree Realty Corporation (ADC)?
The 3Y average FCF payout ratio for ADC stock is 69.19%.
What is the 5Y average FCF payout ratio for Agree Realty Corporation (ADC)?
The 5Y average FCF payout ratio for ADC stock is 72.91%.
What is the 10Y average FCF payout ratio for Agree Realty Corporation (ADC)?
The 10Y average FCF payout ratio for ADC stock is 71.86%.
What is the 15Y average FCF payout ratio for Agree Realty Corporation (ADC)?
The 15Y average FCF payout ratio for ADC stock is 72.61%.
What is the 20Y average FCF payout ratio for Agree Realty Corporation (ADC)?
The 20Y average FCF payout ratio for ADC stock is 306.10%.

Agree Realty Corporation FCF Payout Ratio History

DATEFCF PAYOUT RATIO
2025-12-3169.05%
2024-12-3172.00%
2023-12-3172.81%
2022-12-3162.89%
2021-12-3179.50%
2020-12-3181.22%
2019-12-3171.23%
2018-12-3172.54%
2017-12-3167.09%
2016-12-3168.13%
2015-12-3173.95%
2014-12-3172.38%
2013-12-3170.50%
2012-12-3183.30%
2009-12-31115.50%
2008-12-313308.29%
2007-12-31877.00%
2006-12-31149.31%
2005-12-31349.16%
2001-12-31114.01%
2000-12-31611.32%
1999-12-312123.91%
1997-12-311341.91%

About Agree Realty Corporation

Agree Realty Corporation functions as a publicly traded Real Estate Investment Trust (REIT), concentrating its efforts on the acquisition and development of commercial properties. These assets are primarily net-leased to leading companies within the retail sector. As of September 30, 2020, the firm oversaw a substantial portfolio of 1,027 properties, which were distributed across 45 U.S. states and encompassed a total gross leasable area of approximately 21.0 million square feet. Shares of Agree Realty's common stock are available for trade on the New York Stock Exchange, identified by the ticker symbol ADC.

Royal Oak, MI
75 employees
Real Estate / REIT - Retail
Sector
Real Estate
Industry
REIT - Retail
CEO
Joel N. Agree