Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the net profit margin high or low?
The net profit margin of 25.74% is 19% below its 5-year average of 31.76%, near the low end of its 5-year range (25.74%–41.88%).
As of the fiscal period ended Tuesday, June 30, 2026. 9.76% below its 12-month average of 28.52%.
Reported quarterly profit margin; no daily interpolation.
NET PROFIT MARGIN
25.74%
NET PROFIT MARGIN AVG TTM
28.52%
NET PROFIT MARGIN AVG 3Y
29.25%
NET PROFIT MARGIN AVG 5Y
31.76%
NET PROFIT MARGIN AVG 10Y
37.80%
NET PROFIT MARGIN AVG 15Y
39.62%
NET PROFIT MARGIN AVG 20Y
40.93%
CURRENT VS TTM AVG
-9.76%
CURRENT VS 3Y AVG
-12.00%
CURRENT VS 5Y AVG
-18.95%
CURRENT VS 10Y AVG
-31.91%
CURRENT VS 15Y AVG
-35.04%
CURRENT VS 20Y AVG
-37.11%
SECTOR MEDIAN · REAL ESTATE
26.77%
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
-3.85%
vs the sector median at left
Agree Realty Corporation
Market Cap
$9.34B
Net Profit Margin
25.74%
TTM Avg
28.52%
3Y Avg
29.25%
5Y Avg
31.76%
Market Cap
$8.97B
Net Profit Margin
-35.30%
TTM Avg
-18.78%
3Y Avg
-3.42%
5Y Avg
9.03%
Market Cap
$8.73B
Net Profit Margin
47.96%
TTM Avg
38.47%
3Y Avg
47.05%
5Y Avg
48.36%
Market Cap
$10.72B
Net Profit Margin
32.66%
TTM Avg
28.35%
3Y Avg
28.38%
5Y Avg
26.13%
Market Cap
$7.62B
Net Profit Margin
86.52%
TTM Avg
66.41%
3Y Avg
62.83%
5Y Avg
55.56%
Market Cap
$11.14B
Net Profit Margin
27.71%
TTM Avg
17.50%
3Y Avg
26.77%
5Y Avg
24.26%
| NAME | MARKET CAP | NET PROFIT MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Agree Realty Corporation (ADC) | $9.34B | 25.74% | 28.52% | 29.25% | 31.76% |
| CubeSmart (CUBE)vs › | $9.42B | 28.93% | 33.20% | 33.59% | 30.99% |
| NNN REIT, Inc. (NNN)vs › | $9.04B | 41.38% | 43.86% | 44.60% | 42.16% |
| Alexandria Real Estate Equities, Inc. (ARE)vs › | $8.97B | -35.30% | -18.78% | -3.42% | 9.03% |
| First Industrial Realty Trust, Inc. (FR)vs › | $8.73B | 47.96% | 38.47% | 47.05% | 48.36% |
| Federal Realty Investment Trust (FRT)vs › | $10.72B | 32.66% | 28.35% | 28.38% | 26.13% |
| Terreno Realty Corporation (TRNO)vs › | $7.62B | 86.52% | 66.41% | 62.83% | 55.56% |
| Camden Property Trust (CPT)vs › | $11.14B | 27.71% | 17.50% | 26.77% | 24.26% |
| BXP, Inc. (BXP)vs › | $11.18B | 9.09% | 4.19% | 10.37% | 15.09% |
| CoStar Group, Inc. (CSGP)vs › | $11.65B | 0.74% | 2.65% | 9.37% | 11.04% |
Operating Margin
47.9%
Net Profit Margin
25.7%
Net Profit Margin = Net Income / Revenue
Net profit margin is the percentage of revenue that becomes net income after all expenses, taxes, and interest.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | NET PROFIT MARGIN |
|---|---|
| 2026-06-30 | 25.74% |
| 2026-03-31 | 30.99% |
| 2025-12-31 | 29.42% |
| 2025-09-30 | 28.44% |
| 2025-06-30 | 28.03% |
| 2025-03-31 | 27.78% |
| 2024-12-31 | 28.15% |
| 2024-09-30 | 28.75% |
| 2024-06-30 | 35.87% |
| 2024-03-31 | 30.02% |
| 2023-12-31 | 31.88% |
| 2023-09-30 | 30.35% |
| 2023-06-30 | 31.46% |
| 2023-03-31 | 32.87% |
| 2022-12-31 | 35.12% |
| 2022-09-30 | 35.82% |
| 2022-06-30 | 34.30% |
| 2022-03-31 | 36.72% |
| 2021-12-31 | 36.26% |
| 2021-09-30 | 41.88% |
| 2021-06-30 | 27.07% |
| 2021-03-31 | 38.69% |
| 2020-12-31 | 33.06% |
| 2020-09-30 | 33.35% |
| 2020-06-30 | 43.90% |
| 2020-03-31 | 38.04% |
| 2019-12-31 | 43.27% |
| 2019-09-30 | 42.87% |
| 2019-06-30 | 41.33% |
| 2019-03-31 | 43.32% |
| 2018-12-31 | 27.10% |
| 2018-09-30 | 45.77% |
| 2018-06-30 | 46.99% |
| 2018-03-31 | 50.89% |
| 2017-12-31 | 52.32% |
| 2017-09-30 | 40.03% |
| 2017-06-30 | 48.96% |
| 2017-03-31 | 54.88% |
| 2016-12-31 | 50.33% |
| 2016-09-30 | 59.03% |
| 2016-06-30 | 48.81% |
| 2016-03-31 | 36.89% |
| 2015-12-31 | 40.67% |
| 2015-09-30 | 81.76% |
| 2015-06-30 | 59.61% |
| 2015-03-31 | 40.45% |
| 2014-12-31 | 39.09% |
| 2014-09-30 | 35.28% |
| 2014-06-30 | 20.57% |
| 2014-03-31 | 42.81% |
| 2013-12-31 | 50.94% |
| 2013-09-30 | 40.17% |
| 2013-06-30 | 41.63% |
| 2013-03-31 | 52.89% |
| 2012-12-31 | 49.44% |
| 2012-09-30 | 42.50% |
| 2012-06-30 | 57.22% |
| 2012-03-31 | 54.80% |
| 2011-12-31 | 235.35% |
| 2011-09-30 | -23.22% |
| 2011-06-30 | 43.36% |
| 2011-03-31 | 49.30% |
| 2010-12-31 | -39.07% |
| 2010-09-30 | 49.85% |
| 2010-06-30 | 48.99% |
| 2010-03-31 | 106.56% |
| 2009-12-31 | 45.14% |
| 2009-09-30 | 50.58% |
| 2009-06-30 | 47.79% |
| 2009-03-31 | 44.26% |
| 2008-12-31 | 42.17% |
| 2008-09-30 | 42.63% |
| 2008-06-30 | 42.85% |
| 2008-03-31 | 40.82% |
| 2007-12-31 | 50.79% |
| 2007-09-30 | 42.76% |
| 2007-06-30 | 43.01% |
| 2007-03-31 | 42.60% |
| 2006-12-31 | 44.52% |
| 2006-09-30 | 41.98% |
| 2006-06-30 | 42.39% |
| 2006-03-31 | 40.94% |
| 2005-12-31 | 69.32% |
| 2005-09-30 | 44.88% |
| 2005-06-30 | 45.48% |
| 2005-03-31 | 42.20% |
| 2004-12-31 | 41.27% |
| 2004-09-30 | 52.94% |
| 2004-06-30 | 42.47% |
| 2004-03-31 | 40.28% |
| 2003-12-31 | 55.04% |
| 2003-09-30 | 27.82% |
| 2003-06-30 | 35.00% |
| 2003-03-31 | 33.53% |
| 2002-12-31 | 36.08% |
| 2002-09-30 | 35.82% |
