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Agree Realty's gross profit for the
three
months ended in Jun. 2026 was $179.7 Mil. Agree Realty's gross profit for the trailing twelve months (TTM) ended in Jun. 2026 was $683.4 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Agree Realty's gross profit for the
three
months ended in Jun. 2026 was $179.7 Mil. Agree Realty's Revenue for the
three
months ended in Jun. 2026 was $205.1 Mil. Therefore, Agree Realty's Gross Margin % for the quarter that ended in Jun. 2026 was 87.63%.
Agree Realty had a gross margin of 87.63% for the quarter that ended in Jun. 2026 => Durable competitive advantage
During the past 13 years, the highestGross Margin % of Agree Realty was 90.61%. The lowest was 87.23%. And the median was 87.79%.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Agree Realty had a gross margin of 87.63% for the quarter that ended in Jun. 2026 => Durable competitive advantage
Agree Realty Gross Profit Related Terms
Agree Realty Gross Profit Historical Data
* Premium members only.
The historical data trend for Agree Realty's Gross Profit 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 Gross Profit, along with its competitors' market caps and Gross Profit 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 Gross Profit vs REITs Industry
For the REITs industry and Real Estate sector, Agree Realty's Gross Profit distribution charts can be found below:
* The bar in red indicates where Agree Realty's Gross Profit falls into.
Gross Profit for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $683.4 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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 positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Agree Realty (ADC) has a Gross Profit of $683.4 Mil as of Jun. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Agree Realty and its competitors.
Is Agree Realty's Gross Profit too high?
Agree Realty's current Gross Profit is $683.4 Mil. 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 Gross Profit compare to BRX and NNN?
Agree Realty's Gross Profit of $683.4 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a REITs company?
A good Gross Profit depends on the REITs industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Agree Realty and its competitors. Agree Realty's current Gross Profit is $683.4 Mil. 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 $78.39, compared to a current price of $77.80 — trading 0.8% below its estimated fair value. The current Gross Profit is $683.4 Mil. Agree Realty's overall GF Score™ is 91/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Agree Realty (ADC), the current Gross Profit is $683.4 Mil 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 $77.80 is trading 0.8% below its estimated GF Value™ of $78.39.
GuruFocus considers Agree Realty to be Fairly Valued.
Key valuation signals for ADC:
Gross Profit: $683.4 Mil
GF Value™: $78.39 vs. price of $77.80 (0.8% below fair value)
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
Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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