Basis: Trailing twelve months (TTM), to the latest fiscal quarter end. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the return on equity (ROE) high or low?
The return on equity (ROE) of 3.45% is in line with its 5-year average of 3.37%, around the middle of its 5-year range (3.12%–3.62%).
As of the fiscal period ended Tuesday, June 30, 2026. 2.65% above its 12-month average of 3.36%.
Trailing-twelve-month return on equity at each fiscal quarter end; no daily interpolation.
RETURN ON EQUITY (ROE)
3.45%
RETURN ON EQUITY (ROE) AVG TTM
3.36%
RETURN ON EQUITY (ROE) AVG 3Y
3.38%
RETURN ON EQUITY (ROE) AVG 5Y
3.37%
RETURN ON EQUITY (ROE) AVG 10Y
4.35%
RETURN ON EQUITY (ROE) AVG 15Y
5.21%
RETURN ON EQUITY (ROE) AVG 20Y
6.80%
CURRENT VS TTM AVG
+2.65%
CURRENT VS 3Y AVG
+2.26%
CURRENT VS 5Y AVG
+2.40%
CURRENT VS 10Y AVG
-20.62%
CURRENT VS 15Y AVG
-33.82%
CURRENT VS 20Y AVG
-49.27%
SECTOR MEDIAN · REAL ESTATE
7.63%
median of 38 covered companies
CURRENT VS SECTOR MEDIAN
-54.74%
vs the sector median at left
Agree Realty Corporation
Market Cap
$8.74B
Return on Equity (ROE)
3.45%
TTM Avg
3.36%
3Y Avg
3.38%
5Y Avg
3.37%
Market Cap
$8.85B
Return on Equity (ROE)
-5.81%
TTM Avg
-3.72%
3Y Avg
-1.03%
5Y Avg
1.00%
Market Cap
$8.98B
Return on Equity (ROE)
12.95%
TTM Avg
12.95%
3Y Avg
12.72%
5Y Avg
11.28%
Market Cap
$8.46B
Return on Equity (ROE)
8.62%
TTM Avg
8.97%
3Y Avg
8.88%
5Y Avg
8.04%
Market Cap
$8.18B
Return on Equity (ROE)
13.12%
TTM Avg
10.02%
3Y Avg
11.34%
5Y Avg
11.38%
Market Cap
$10.13B
Return on Equity (ROE)
12.96%
TTM Avg
10.98%
3Y Avg
10.75%
5Y Avg
9.75%
Market Cap
$7.02B
Return on Equity (ROE)
8.77%
TTM Avg
7.38%
3Y Avg
7.21%
5Y Avg
6.35%
Market Cap
$10.53B
Return on Equity (ROE)
8.58%
TTM Avg
6.15%
3Y Avg
8.38%
5Y Avg
7.39%
| NAME | MARKET CAP | RETURN ON EQUITY (ROE) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Agree Realty Corporation (ADC) | $8.74B | 3.45% | 3.36% | 3.38% | 3.37% |
| Alexandria Real Estate Equities, Inc. (ARE)vs › | $8.85B | -5.81% | -3.72% | -1.03% | 1.00% |
| CubeSmart (CUBE)vs › | $8.98B | 12.95% | 12.95% | 12.72% | 11.28% |
| NNN REIT, Inc. (NNN)vs › | $8.46B | 8.62% | 8.97% | 8.88% | 8.04% |
| First Industrial Realty Trust, Inc. (FR)vs › | $8.18B | 13.12% | 10.02% | 11.34% | 11.38% |
| Federal Realty Investment Trust (FRT)vs › | $10.13B | 12.96% | 10.98% | 10.75% | 9.75% |
| Terreno Realty Corporation (TRNO)vs › | $7.02B | 8.77% | 7.38% | 7.21% | 6.35% |
| BXP, Inc. (BXP)vs › | $10.48B | 5.75% | 2.82% | 5.68% | 7.65% |
| Camden Property Trust (CPT)vs › | $10.53B | 8.58% | 6.15% | 8.38% | 7.39% |
| UDR, Inc. (UDR)vs › | $11.60B | 17.77% | 7.04% | 6.83% | 5.62% |
ROE
3.5%
ROA
2.1%
ROE = Net Income / Total Shareholders' Equity
Return on equity measures how efficiently a company generates profit from shareholders' equity. Higher ROE indicates better capital efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | RETURN ON EQUITY (ROE) |
|---|---|
| 2026-06-30 | 3.45% |
| 2026-03-31 | 3.52% |
| 2025-12-31 | 3.26% |
| 2025-09-30 | 3.30% |
| 2025-06-30 | 3.29% |
| 2025-03-31 | 3.39% |
| 2024-12-31 | 3.43% |
| 2024-09-30 | 3.59% |
| 2024-06-30 | 3.62% |
| 2024-03-31 | 3.34% |
| 2023-12-31 | 3.27% |
| 2023-09-30 | 3.14% |
| 2023-06-30 | 3.27% |
| 2023-03-31 | 3.29% |
| 2022-12-31 | 3.29% |
| 2022-09-30 | 3.18% |
| 2022-06-30 | 3.57% |
| 2022-03-31 | 3.49% |
| 2021-12-31 | 3.58% |
| 2021-09-30 | 3.38% |
| 2021-06-30 | 3.12% |
| 2021-03-31 | 3.58% |
| 2020-12-31 | 3.62% |
| 2020-09-30 | 3.99% |
| 2020-06-30 | 4.10% |
| 2020-03-31 | 4.73% |
| 2019-12-31 | 4.74% |
| 2019-09-30 | 4.75% |
| 2019-06-30 | 4.48% |
| 2019-03-31 | 4.87% |
| 2018-12-31 | 4.92% |
| 2018-09-30 | 6.02% |
| 2018-06-30 | 5.69% |
| 2018-03-31 | 6.59% |
| 2017-12-31 | 6.40% |
| 2017-09-30 | 6.63% |
| 2017-06-30 | 7.11% |
| 2017-03-31 | 7.63% |
| 2016-12-31 | 6.61% |
| 2016-09-30 | 7.01% |
| 2016-06-30 | 7.28% |
| 2016-03-31 | 8.95% |
| 2015-12-31 | 8.65% |
| 2015-09-30 | 9.27% |
| 2015-06-30 | 7.36% |
| 2015-03-31 | 5.56% |
| 2014-12-31 | 5.23% |
| 2014-09-30 | 6.47% |
| 2014-06-30 | 6.35% |
| 2014-03-31 | 6.87% |
| 2013-12-31 | 6.80% |
| 2013-09-30 | 7.82% |
| 2013-06-30 | 7.53% |
| 2013-03-31 | 7.77% |
| 2012-12-31 | 9.24% |
| 2012-09-30 | 8.50% |
| 2012-06-30 | 5.56% |
| 2012-03-31 | 4.92% |
| 2011-12-31 | 5.99% |
| 2011-09-30 | 2.04% |
| 2011-06-30 | 5.71% |
| 2011-03-31 | 6.07% |
| 2010-12-31 | 9.17% |
| 2010-09-30 | 13.16% |
| 2010-06-30 | 13.25% |
| 2010-03-31 | 16.04% |
| 2009-12-31 | 12.60% |
| 2009-09-30 | 12.24% |
| 2009-06-30 | 11.74% |
| 2009-03-31 | 11.64% |
| 2008-12-31 | 11.32% |
| 2008-09-30 | 12.01% |
| 2008-06-30 | 11.86% |
| 2008-03-31 | 11.75% |
| 2007-12-31 | 11.76% |
| 2007-09-30 | 11.14% |
| 2007-06-30 | 10.98% |
| 2007-03-31 | 10.88% |
| 2006-12-31 | 10.71% |
| 2006-09-30 | 12.30% |
| 2006-06-30 | 12.34% |
| 2006-03-31 | 12.37% |
| 2005-12-31 | 12.29% |
| 2005-09-30 | 10.55% |
| 2005-06-30 | 10.87% |
| 2005-03-31 | 10.50% |
| 2004-12-31 | 13.44% |
| 2004-09-30 | 14.26% |
| 2004-06-30 | 12.28% |
| 2004-03-31 | 11.57% |
| 2003-12-31 | 10.89% |
| 2003-09-30 | 9.50% |
| 2003-06-30 | 17.54% |
