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Agree Realty Corporation (ADC)
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Agree Realty Corporation (ADC) Operating Margin: 47.38%

Is Agree Realty Corporation’s operating margin high or low?

Agree Realty Corporation's operating margin of 47.38% is in line with its 5-year average of 50.68%, near the low end of its 5-year range (47.33%–56.07%).

The operating margin for Agree Realty Corporation (ADC) is 47.38% as of Tuesday, June 9, 2026. It is below its 12-month average by 1.66% (48.18%).

ADC Operating Margin Chart

ADC Operating Margin
47.38%-3.27% 1Y
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ADC Average Operating Margin Chart

ADC Current vs Average Operating Margin Chart

ADC Operating Margin Metrics

OPERATING MARGIN

47.38%

OPERATING MARGIN AVG TTM

48.18%

OPERATING MARGIN AVG 3Y

48.61%

OPERATING MARGIN AVG 5Y

50.68%

OPERATING MARGIN AVG 10Y

53.50%

OPERATING MARGIN AVG 15Y

52.36%

OPERATING MARGIN AVG 20Y

54.08%

CURRENT VS TTM AVG

-1.66%

CURRENT VS 3Y AVG

-2.53%

CURRENT VS 5Y AVG

-6.51%

CURRENT VS 10Y AVG

-11.45%

CURRENT VS 15Y AVG

-9.51%

CURRENT VS 20Y AVG

-12.39%

ADC Competitors' Operating Margin

NAMEMARKET CAPOPERATING MARGINTTM3Y5Y
Agree Realty Corporation (ADC)47.38%48.18%48.61%50.68%
Terreno Realty Corporation (TRNO)$7.12B40.39%39.54%40.06%43.51%
Crown Castle Inc. (CCI)$40.40B48.75%2.01%18.16%22.69%
Public Storage (PSA)$56.68B46.73%46.80%49.20%49.19%
Realty Income Corporation (O)$57.12B28.30%36.16%38.42%41.26%
Digital Realty Trust, Inc. (DLR)$64.99B10.77%9.63%10.35%11.89%
Simon Property Group, Inc. (SPG)$68.71B49.89%50.88%50.05%48.36%
American Tower Corporation (AMT)$88.91B45.85%45.23%37.52%36.57%
Equinix, Inc. (EQIX)$104.53B19.96%17.57%17.32%17.25%
Prologis, Inc. (PLD)$137.54B40.23%47.03%49.58%52.24%

Operating Efficiency

Gross Margin

87.7%

Operating Margin

47.4%

Agree Realty Corporation Operating Margin Formula & Definition

Operating Margin = Operating Income / Revenue

Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Agree Realty Corporation Operating Margin FAQ

What is the operating margin for Agree Realty Corporation (ADC)?
The operating margin for ADC stock is 47.38%.
Is Agree Realty Corporation's operating margin high or low?
Agree Realty Corporation's operating margin of 47.38% is in line with its 5-year average of 50.68%, near the low end of its 5-year range (47.33%–56.07%).
What is the TTM average operating margin for Agree Realty Corporation (ADC)?
The TTM average operating margin for ADC stock is 48.18%.
What is the 3Y average operating margin for Agree Realty Corporation (ADC)?
The 3Y average operating margin for ADC stock is 48.61%.
What is the 5Y average operating margin for Agree Realty Corporation (ADC)?
The 5Y average operating margin for ADC stock is 50.68%.
What is the 10Y average operating margin for Agree Realty Corporation (ADC)?
The 10Y average operating margin for ADC stock is 53.50%.
What is the 15Y average operating margin for Agree Realty Corporation (ADC)?
The 15Y average operating margin for ADC stock is 52.36%.
What is the 20Y average operating margin for Agree Realty Corporation (ADC)?
The 20Y average operating margin for ADC stock is 54.08%.

Agree Realty Corporation Operating Margin History

DATEOPERATING MARGIN
2025-12-3147.38%
2024-12-3148.98%
2023-12-3147.33%
2022-12-3150.74%
2021-12-3156.07%
2020-12-3153.56%
2019-12-3161.02%
2018-12-3153.24%
2017-12-3156.46%
2016-12-3156.44%
2015-12-3157.33%
2014-12-3152.08%
2013-12-3158.41%
2012-12-3155.95%
2011-12-3150.66%
2010-12-3132.11%
2009-12-3159.86%
2008-12-3160.19%
2007-12-3159.99%
2006-12-3160.23%
2005-12-3157.65%
2004-12-3160.89%
2003-12-3157.17%
2002-12-3167.75%
2001-12-3168.06%
2000-12-3165.21%
1999-12-3161.91%
1998-12-3162.53%
1997-12-3162.83%
1996-12-3161.88%

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