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Agree Realty (Agree Realty) COGS-to-Revenue : 0.12 (As of Mar. 2024)


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What is Agree Realty COGS-to-Revenue?

Agree Realty's Cost of Goods Sold for the three months ended in Mar. 2024 was $18.5 Mil. Its Revenue for the three months ended in Mar. 2024 was $149.5 Mil.

Agree Realty's COGS to Revenue for the three months ended in Mar. 2024 was 0.12.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Agree Realty's Gross Margin % for the three months ended in Mar. 2024 was 87.63%.

Agree Realty COGS-to-Revenue Historical Data

The historical data trend for Agree Realty's COGS-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Agree Realty COGS-to-Revenue Chart

Agree Realty Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
COGS-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.13 0.12 0.12 0.12

Agree Realty Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
COGS-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.13 0.12 0.12 0.12 0.12

Agree Realty COGS-to-Revenue Calculation

Agree Realty's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=66.717 / 537.495
=0.12

Agree Realty's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=18.489 / 149.453
=0.12

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Agree Realty  (NYSE:ADC) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Agree Realty's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %=1 - COGS to Revenue
=1 - Cost of Goods Sold / Revenue
=1 - 18.489 / 149.453
=87.63 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

Agree Realty COGS-to-Revenue Related Terms

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Agree Realty (Agree Realty) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Agree Realty Corp (NYSE:ADC) » Definitions » COGS-to-Revenue
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Traded in Other Exchanges
ADCPRA.PFD:USA ADC:Mexico AGL:Germany AGL:Germany
Address
70 East Long Lake Road, Bloomfield Hills, MI, USA, 48304
Website
https://www.agreerealty.com
Agree Realty Corporation operates as a fully integrated real estate investment trust mainly focused on the ownership, acquisition, development and management of retail properties net leased to industry-leading tenants. The Company is mainly in the business of acquiring, developing and managing retail real estate. Some of its properties in the portfolio include Walmart, 7-Eleven, Wawa, Gerber Collision and others.
Executives
Richard Agree officer: Chief Executive Officer 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI 48334
John Jr Rakolta director 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI 48304
Greg Lehmkuhl director 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI 48304
Joey Agree officer: Chief Operating Officer 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI 48034
Craig Erlich officer: CHIEF OPERATING OFFICER 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI 48304-2324
Peter Coughenour officer: CHIEF FINANCIAL OFFICER 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI 48304
Stephen Breslin officer: Chief Accounting Officer 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI 48304
David A. Wolff officer: CHIEF ACCOUNTING OFFICER 70 E. LONG LAKE RD., BLOOMFIELD HILLS MI 48304-2324
Karen Dearing director 27777 FRANKLIN ROAD, SUITE 200, SOUTHFIELD MI 48034
Nicole Witteveen officer: EVP, PEOPLE & CULTURE 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI 48304
Michael Judlowe director 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI 48304
Michael Hollman director 7930 JONES BRANCH DRIVE, SUITE 1124, MCLEAN VA 22102
Jerome R Rossi director 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI 48304-2324
Danielle M Spehar officer: GENERAL COUNSEL 70 E. LONG LAKE RD, BLOOMFIELD HILLS MI 48304
Merrie S. Frankel director 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI 48034