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Agree Realty (Agree Realty) EPS without NRI

: $1.76 (TTM As of Dec. 2023)
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Agree Realty's earnings per share without non-recurring items for the three months ended in Dec. 2023 was $0.45. Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Dec. 2023 was $1.76.

During the past 12 months, Agree Realty's average earnings per share (NRI) Growth Rate was -1.20% per year. During the past 3 years, the average earnings per share (NRI) Growth Rate was 1.70% per year. During the past 5 years, the average earnings per share (NRI) Growth Rate was 3.10% per year. During the past 10 years, the average earnings per share (NRI) Growth Rate was 2.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EPS without NRI Growth Rate using Earnings per share without Non-Recurring Items (NRI) data.

The historical rank and industry rank for Agree Realty's EPS without NRI or its related term are showing as below:

ADC' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -19.7   Med: 2.95   Max: 24.5
Current: 1.7

During the past 13 years, Agree Realty's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 24.50% per year. The lowest was -19.70% per year. And the median was 2.95% per year.

ADC's 3-Year EPS without NRI Growth Rate is ranked worse than
57.55% of 523 companies
in the REITs industry
Industry Median: 4.7 vs ADC: 1.70

Agree Realty's EPS (Diluted) for the three months ended in Dec. 2023 was $0.44. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $1.71.

Agree Realty's EPS (Basic) for the three months ended in Dec. 2023 was $0.44. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2023 was $1.71.


Agree Realty EPS without NRI Historical Data

The historical data trend for Agree Realty's EPS without NRI 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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 1.65 [6] => 1.67 [7] => 1.80 [8] => 1.78 [9] => 1.76 )
Agree Realty Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EPS without NRI
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.65 1.67 1.80 1.78 1.76

Agree Realty Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EPS without NRI 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 Premium Member Only Premium Member Only Premium Member Only 0.44 0.44 0.43 0.44 0.45

Competitive Comparison

For the REIT - Retail subindustry, Agree Realty's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Agree Realty PE Ratio without NRI Distribution

For the REITs industry and Real Estate sector, Agree Realty's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where Agree Realty's PE Ratio without NRI falls into.



Agree Realty EPS without NRI Calculation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.

Earnings Per Share without Non-Recurring Items is the amount of earnings without non-recurring items per outstanding share of the company's stock.

EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.76

* 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) EPS without NRI Explanation

EPS without NRI removes onetime and unusual items from EPS, to provide investors with a more accurate measure of the company’s true earnings. The earnings are adjusted for items that are irregular or unusual in nature, and/or are non-recurring. This is calculated using Net Income (Continuing Operations) plus/minus any tax affected unusual Items and Goodwill Impairments/Write Offs. This can be used to fairly measure a company's profitability.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


Agree Realty EPS without NRI Related Terms

Thank you for viewing the detailed overview of Agree Realty's EPS without NRI provided by GuruFocus.com. Please click on the following links to see related term pages.


Agree Realty (Agree Realty) Business Description

Traded in Other Exchanges
Address
70 East Long Lake Road, Bloomfield Hills, MI, USA, 48304
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