Agree Realty annual net debt
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2025
Agree Realty Net Debt Growth & History (ADC)
Agree Realty's net debt was $7.0M for fiscal 2025.
View full Agree Realty company overviewAgree Realty annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $7.0M | −$7.7M | −52.31% |
| 2024 | 2024-12-31 | $14.6M | $2.6M | +21.22% |
| 2023 | 2023-12-31 | $12.1M | $16.3M | — |
| 2022 | 2022-12-31 | −$4.2M | −$1.68B | — |
| 2021 | 2021-12-31 | $1.67B | $438.6M | +35.49% |
| 2020 | 2020-12-31 | $1.24B | $1.24B | +203175.99% |
| 2019 | 2019-12-31 | $608,000 | −$669.5M | −99.91% |
| 2018 | 2018-12-31 | $670.1M | $198.5M | +42.09% |
| 2017 | 2017-12-31 | $471.6M | $100.9M | +27.23% |
| 2016 | 2016-12-31 | $370.7M | $53.8M | +16.97% |
| 2015 | 2015-12-31 | $316.9M | $100.5M | +46.45% |
| 2014 | 2014-12-31 | $216.4M | $72.5M | +50.40% |
| 2013 | 2013-12-31 | $143.9M | $27.8M | +23.90% |
| 2012 | 2012-12-31 | $116.1M | — | — |
Agree Realty quarterly net debt
Q4.12
Q3.13
Q4.13
Q1.14
Q2.14
Q3.14
Q4.14
Q1.15
Q2.15
Q3.15
Q4.15
Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
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Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $12.3M | −$4.6M | −27.28% |
| Q1 2026 | 2026-03-31 | −$13,000 | −$15.1M | — |
| Q4 2025 | 2025-12-31 | $7.0M | −$7.7M | −52.31% |
| Q3 2025 | 2025-09-30 | $8.8M | −$1.5M | −14.27% |
| Q2 2025 | 2025-06-30 | $16.9M | $3.5M | +26.05% |
| Q1 2025 | 2025-03-31 | $15.0M | −$1.5M | −8.95% |
| Q4 2024 | 2024-12-31 | $14.6M | $2.6M | +21.22% |
| Q3 2024 | 2024-09-30 | $10.3M | −$6.5M | −38.70% |
| Q2 2024 | 2024-06-30 | $13.4M | −$1.8M | −11.76% |
| Q1 2024 | 2024-03-31 | $16.5M | $4.9M | +42.35% |
| Q4 2023 | 2023-12-31 | $12.1M | $16.3M | — |
| Q3 2023 | 2023-09-30 | $16.7M | $243.5M | — |
| Q2 2023 | 2023-06-30 | $15.2M | $17.6M | — |
| Q1 2023 | 2023-03-31 | $11.6M | −$1.84B | −99.37% |
| Q4 2022 | 2022-12-31 | −$4.2M | −$1.68B | — |
| Q3 2022 | 2022-09-30 | −$226.8M | −$1.69B | — |
| Q2 2022 | 2022-06-30 | −$2.4M | −$1.38B | — |
| Q1 2022 | 2022-03-31 | $1.85B | $466.4M | +33.64% |
| Q4 2021 | 2021-12-31 | $1.67B | $438.6M | +35.49% |
| Q3 2021 | 2021-09-30 | $1.47B | $311.4M | +26.97% |
| Q2 2021 | 2021-06-30 | $1.38B | $608.7M | +79.00% |
| Q1 2021 | 2021-03-31 | $1.39B | $416.4M | +42.92% |
| Q4 2020 | 2020-12-31 | $1.24B | $1.24B | +203175.99% |
| Q3 2020 | 2020-09-30 | $1.15B | $215.8M | +22.98% |
| Q2 2020 | 2020-06-30 | $770.5M | $17.5M | +2.32% |
| Q1 2020 | 2020-03-31 | $970.1M | $197.7M | +25.60% |
| Q4 2019 | 2019-12-31 | $608,000 | −$669.5M | −99.91% |
| Q3 2019 | 2019-09-30 | $938.8M | $335.7M | +55.67% |
| Q2 2019 | 2019-06-30 | $753.1M | $114.3M | +17.90% |
| Q1 2019 | 2019-03-31 | $772.4M | $216.1M | +38.84% |
| Q4 2018 | 2018-12-31 | $670.1M | $198.5M | +42.09% |
| Q3 2018 | 2018-09-30 | $603.1M | $140.9M | +30.49% |
| Q2 2018 | 2018-06-30 | $638.8M | $206.4M | +47.75% |
| Q1 2018 | 2018-03-31 | $556.3M | $140.4M | +33.74% |
| Q4 2017 | 2017-12-31 | $471.6M | $100.9M | +27.23% |
| Q3 2017 | 2017-09-30 | $462.2M | $35.9M | +8.42% |
| Q2 2017 | 2017-06-30 | $432.3M | $46.8M | +12.14% |
| Q1 2017 | 2017-03-31 | $416.0M | $67.4M | +19.34% |
| Q4 2016 | 2016-12-31 | $370.7M | $53.8M | +16.97% |
| Q3 2016 | 2016-09-30 | $426.3M | $118.4M | +38.45% |
| Q2 2016 | 2016-06-30 | $385.5M | $70.4M | +22.34% |
| Q1 2016 | 2016-03-31 | $348.6M | $73.3M | +26.63% |
| Q4 2015 | 2015-12-31 | $316.9M | $100.5M | +46.45% |
| Q3 2015 | 2015-09-30 | $307.9M | $85.1M | +38.21% |
| Q2 2015 | 2015-06-30 | $315.1M | $135.5M | +75.39% |
| Q1 2015 | 2015-03-31 | $275.3M | $112.1M | +68.71% |
| Q4 2014 | 2014-12-31 | $216.4M | $72.5M | +50.40% |
| Q3 2014 | 2014-09-30 | $222.8M | $38.8M | +21.10% |
| Q2 2014 | 2014-06-30 | $179.7M | — | — |
| Q1 2014 | 2014-03-31 | $163.2M | — | — |
| Q4 2013 | 2013-12-31 | $143.9M | $27.8M | +23.90% |
| Q3 2013 | 2013-09-30 | $184.0M | — | — |
| Q4 2012 | 2012-12-31 | $116.1M | — | — |
Agree Realty net debt trends
Over the last five fiscal years, Agree Realty's net debt decreased from $1.24B to $7.0M, a change of −$1.23B. The latest reported quarter, Q2 2026, shows $12.3M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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