Real Estate - REIT - Retail - NYSE - US
$ 75.97
0.503 %
$ 7.86 B
Market Cap
41.97
P/E
INCOME STATEMENT
537 M
REVENUE
254 M
OPERATING INCOME
171 M
NET INCOME
EFFICIENCY
Earnings Waterfall
Agree Realty Corporation
| Revenue | 537 M |
| Cost Of Revenue | 240 M |
| Gross Profit | 298 M |
| Operating Expenses | 216 M |
| Operating Income | 254 M |
| Other Expenses | 83.8 M |
| Net Income | 171 M |
Income Statement
Millions
| Dec-2023 | Dec-2022 | Dec-2021 | Dec-2020 | Dec-2019 | Dec-2018 | Dec-2017 | Dec-2016 | Dec-2015 | Dec-2014 | Dec-2013 | Dec-2012 | Dec-2011 | Dec-2010 | Dec-2009 | Dec-2008 | Dec-2007 | Dec-2006 | Dec-2005 | Dec-2004 | Dec-2003 | Dec-2002 | Dec-2001 | Dec-2000 | Dec-1999 | Dec-1998 | Dec-1997 | Dec-1996 | Dec-1995 | Dec-1994 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| REVENUE | ||||||||||||||||||||||||||||||
| Revenue | 537.5 | 463.2 | 363.6 | 248.6 | 187.5 | 148.2 | 116.6 | 91.5 | 70.0 | 53.6 | 43.5 | 35.8 | 36.3 | 36.1 | 37.3 | 35.7 | 34.5 | 32.9 | 31.6 | 29.9 | 27.5 | 25.8 | 24.7 | 23.7 | 21.9 | 19.7 | 18.2 | 16.3 | 13.8 | 9.5 |
| GROSS PROFIT | ||||||||||||||||||||||||||||||
| Cost Of Revenue | 239.7 | 85.6 | 65.3 | 31.8 | 23.5 | 17.0 | 12.5 | 8.6 | 6.4 | 4.9 | 3.7 | 3.6 | 4.9 | 3.8 | 2.4 | 64 K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | 297.8 | 377.5 | 298.3 | 216.8 | 164.0 | 131.2 | 104.1 | 82.9 | 63.6 | 48.6 | 39.9 | 32.2 | 31.4 | 32.3 | 34.8 | 35.6 | 34.5 | 32.9 | 31.6 | 29.9 | 27.5 | 25.8 | 24.7 | 23.7 | 21.9 | 19.7 | 18.2 | 16.3 | 13.8 | 9.5 |
| OPERATING INCOME | ||||||||||||||||||||||||||||||
| Operating Expenses | 216.4 | 163.7 | 121.2 | 87.6 | 61.3 | 55.9 | 41.7 | 31.4 | 23.5 | 17.7 | 14.4 | 12.2 | 12.2 | 10.7 | 14.6 | 19.4 | 13.8 | 13.1 | 13.4 | 11.8 | 9.9 | 10.2 | 9.8 | 9.0 | 8.4 | 7.3 | 6.7 | 6.2 | (4.6) | (3.5) |
| Selling, General and Administrative Expenses | 34.8 | 30.1 | 25.5 | 20.8 | 15.6 | 12.2 | 9.9 | 8.0 | 7.0 | 6.6 | 6.0 | 5.7 | 5.7 | 5.0 | 5.4 | 4.4 | 4.5 | 4.0 | 4.2 | 2.8 | 2.3 | 2.0 | 1.8 | 1.6 | 1.4 | 1.2 | 1.1 | 1.1 | 1.0 | 0.7 |
| Research and Development Expenses | 0 | 0.37 | 0.369 | 0.374 | 0.434 | 0.433 | 0.504 | 0.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 254.4 | 218.1 | 190.3 | 125.1 | 101.1 | 73.0 | 62.4 | 51.5 | 40.1 | 27.9 | 25.4 | 20.1 | 15.6 | 13.9 | 22.6 | 16.3 | 20.7 | 19.8 | 18.2 | 18.1 | 16.7 | 15.6 | 15.1 | 14.7 | 13.6 | 12.4 | 11.6 | 10.1 | 18.4 | 13.0 |
| PRE-TAX INCOME | ||||||||||||||||||||||||||||||
| Interest Income Expense | 81.1 | 63.4 | 66.4 | 44.7 | 33.0 | 0 | 0 | 0 | 0 | 8.6 | 6.5 | 5.1 | 4.7 | 4.7 | 4.6 | 5.2 | 4.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Other Income | (80.9) | (62.2) | (65.0) | (40.1) | (33.1) | (13.7) | (3.4) | (5.7) | (0.4) | (9.1) | (6.5) | (5.1) | 0.5 | (4.7) | 0 | (14.5) | 1.0 | (4.6) | 12.8 K | (4.3) | 0.2 | 0.7 | 1.1 | 0.5 | 68.6 K | 0 | 0 | 0.7 | 0 | 0 |
| Pre-Tax Income | 173.5 | 155.9 | 125.3 | 93.1 | 81.3 | 59.3 | 58.8 | 45.8 | 39.8 | 18.8 | 18.9 | 14.9 | 9.6 | 15.1 | 15.5 | 15.5 | 21.7 | 0 | 18.2 | 18.3 | 15.2 | 16.3 | 16.2 | 15.2 | 13.6 | 0 | 0 | 10.7 | 0 | 0 |
| NET INCOME | ||||||||||||||||||||||||||||||
| Tax Provision | 2.9 | 2.9 | 2.4 | 1.1 | 0.5 | 0.5 | 4.6 | 6.4 | 1.1 | 8.9 | (0.7) | (3.1) | 9.7 | 6.5 | (9.8) | (13.2) | 5.2 | 5.8 | 6.6 | 5.0 | 7.1 | 6.9 | 6.8 | 7.6 | 6.8 | 6.3 | 6.3 | 6.3 | 15.2 | 12.7 |
| Net Income | 170.0 | 152.4 | 122.3 | 91.4 | 80.1 | 58.2 | 58.1 | 45.1 | 39.0 | 18.5 | 19.7 | 18.0 | 9.6 | 15.1 | 18.0 | 15.0 | 15.5 | 14.0 | 16.0 | 13.1 | 10.5 | 8.8 | 8.1 | 7.1 | 6.8 | 6.1 | 5.2 | 3.7 | 3.2 | 0.3 |
| EPS | 1.7 | 1.84 | 1.79 | 1.76 | 1.96 | 1.81 | 2.09 | 1.97 | 2.17 | 1.24 | 1.51 | 1.63 | 0.99 | 1.54 | 2.2 | 1.91 | 2.02 | 1.84 | 2.15 | 2.03 | 1.63 | 1.99 | 1.81 | 1.61 | 1.56 | 1.4 | 1.41 | 1.41 | 1.23 | 0.08 |