Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Agree RealtyADC -0.77%91 Equity-to-Asset is 0.62 as of Jun. 2026, which is 3% below its 10-year median of 0.64. GuruFocus rates ADC with a GF Score™ of 91/100 and a GF Value™ of $78.58 (Fairly Valued). The stock has 9 warning signs investors should review. Among 926 REITs companies, Agree Realty ranks better than 56.16% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Agree Realty's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $6,520.1 Mil. Agree Realty's Total Assets for the quarter that ended in Jun. 2026 was $10,586.8 Mil.
Therefore, Agree Realty's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.62.
The historical rank and industry rank for Agree Realty's Equity-to-Asset or its related term are showing as below:
ADC'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.55 Med: 0.64 Max: 0.7
Current: 0.62
During the past 13 years, the highest Equity to Asset Ratio of Agree Realty was 0.70. The lowest was 0.55. And the median was 0.64.
ADC's Equity-to-Asset is ranked better than 56.16% of 926
companies
in the REITs industry
Industry Median: 0.58
vs ADC: 0.62
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Agree Realty Equity-to-Asset Related Terms
Agree Realty Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Agree Realty's Equity-to-Asset 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.
For the REIT - Retail subindustry, Agree Realty's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs REITs Industry
For the REITs industry and Real Estate sector, Agree Realty's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Agree Realty's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Agree Realty's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (ADC) has a Equity-to-Asset of 0.62 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Agree Realty and its competitors. This is near median its historical median of 0.64. Over the past decade, Agree Realty's Equity-to-Asset has ranged from 0.55 to 0.70. According to the industry distribution chart, Agree Realty ranks #406 out of 926 companies in the REITs industry, placing it in the top 43.8%.
Is Agree Realty's Equity-to-Asset too high?
Agree Realty's current Equity-to-Asset of 0.62 is near median its 10-year median of 0.64. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 0.70. The REITs industry median Equity-to-Asset is 0.58. Agree Realty's value of 0.62 is 6.9% above this industry median. Based on the distribution chart, Agree Realty ranks #406 out of 926 companies in the REITs industry, which is above the industry midpoint. Overall, Agree Realty has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Agree Realty's Equity-to-Asset compare to BRX and NNN?
According to the REITs industry distribution chart, Agree Realty ranks #406 out of 926 companies for Equity-to-Asset. This puts Agree Realty in the upper half of its industry. The industry median Equity-to-Asset is 0.58. Agree Realty's value of 0.62 is 6.9% above this benchmark. Historically, Agree Realty's own Equity-to-Asset has ranged from 0.55 to 0.70 over the past decade. While the company's 10-year median is 0.64 vs. the industry median of 0.58, Agree Realty has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a REITs company?
The median Equity-to-Asset among REITs companies is 0.58, based on 926 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Agree Realty's current Equity-to-Asset of 0.62 is 6.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Agree Realty and its competitors. For the REITs industry, the median Equity-to-Asset is 0.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Agree Realty's current Equity-to-Asset is 0.62, which is near median its own 10-year median of 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Agree Realty stock overvalued right now?
Based on GuruFocus' analysis, Agree Realty (ADC) is currently considered Fairly Valued. The stock's GF Value™ is $78.58, compared to a current price of $76.32 — trading 2.9% below its estimated fair value. The current Equity-to-Asset is 0.62, which is near median its 10-year median of 0.64 and 6.9% above the REITs industry median of 0.58. Agree Realty's overall GF Score™ is 91/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Agree Realty (ADC), the current Equity-to-Asset is 0.62 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Agree Realty (ADC) Overvalued in 2026?
Based on GuruFocus' analysis, Agree Realty stock appears to be undervalued.
The current stock price of $76.32 is trading 2.9% below its estimated GF Value™ of $78.58.
GuruFocus considers Agree Realty to be Fairly Valued.
Key valuation signals for ADC:
Equity-to-Asset: 0.62 (near median its 10-year median of 0.64)
GF Value™: $78.58 vs. price of $76.32 (2.9% below fair value)
Industry Position: 6.9% above the REITs median (#406 of 926)
No single metric tells the full story. See the ADC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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-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.
91GF Score
Get the complete analysis for ADC
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ADC has been successfully added to your 
