GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Agree Realty Corp (NYSE:ADC) » Definitions » Pre-Tax Income

ADC (Agree Realty) Pre-Tax Income : $194.5 Mil (TTM As of Sep. 2024)


View and export this data going back to 1994. Start your Free Trial

What is Agree Realty Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Agree Realty's pretax income for the three months ended in Sep. 2024 was $45.6 Mil. Its pretax income for the trailing twelve months (TTM) ended in Sep. 2024 was $194.5 Mil. Agree Realty's pretax margin was 29.55%.

During the past 13 years, Agree Realty's highest Pretax Margin was 56.83%. The lowest was 32.27%. And the median was 40.35%.


Agree Realty Pre-Tax Income Historical Data

The historical data trend for Agree Realty's Pre-Tax Income 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 Pre-Tax Income Chart

Agree Realty Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 81.30 93.06 125.28 155.90 173.46

Agree Realty Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Pre-Tax Income 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 42.37 46.81 46.16 55.92 45.61

Competitive Comparison of Agree Realty's Pre-Tax Income

For the REIT - Retail subindustry, Agree Realty's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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's Pre-Tax Income Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Agree Realty's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Agree Realty's Pre-Tax Income falls into.



Agree Realty Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Agree Realty's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=259.713+-5.137+-81.119+0+-2.8421709430404E-14
=173.5

Agree Realty's Pretax Income for the quarter that ended in Sep. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=75.343+-0.796+-28.942+0+-7.105427357601E-15
=45.6

Pre-Tax Income for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $194.5 Mil.

* 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) Pre-Tax Income Explanation

Agree Realty's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=45.605/154.332
=29.55%

During the past 13 years, Agree Realty's highest Pretax Margin was 56.83%. The lowest was 32.27%. And the median was 40.35%.

* 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 Pre-Tax Income Related Terms

Thank you for viewing the detailed overview of Agree Realty's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Agree Realty Business Description

Traded in Other Exchanges
Address
32301 Woodward Avenue, Royal Oak, MI, USA, 48073
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
Greg Lehmkuhl director 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI 48304
John Jr Rakolta director 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI 48304
Stephen Breslin officer: Chief Accounting Officer 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI 48304
Richard Agree officer: Chief Executive Officer 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI 48334
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
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