ADC (Agree Realty) Quick Ratio: 0.86 (As of Mar. 2026) — Near Median


ADC Agree Realty Corp ADC
90 GF Score
Price $75.32
GF Value $77.97
Valuation Fairly Valued
! 9 Warning Signs
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What is Agree Realty Quick Ratio?

Agree Realty ADC +1.28% 90 Quick Ratio is 0.86 as of Mar. 2026, which is 5% above its 10-year median of 0.82. GuruFocus rates ADC with a GF Score™ of 90/100 and a GF Value™ of $77.97 (Fairly Valued). The stock has 9 warning signs investors should review. Among 761 REITs companies, Agree Realty ranks worse than 50.99% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Agree Realty's quick ratio for the quarter that ended in Mar. 2026 was 0.86.

Agree Realty has a quick ratio of 0.86. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Agree Realty's Quick Ratio or its related term are showing as below:

ADC' s Quick Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.82   Max: 2.99
Current: 0.86

During the past 13 years, Agree Realty's highest Quick Ratio was 2.99. The lowest was 0.29. And the median was 0.82.

ADC's Quick Ratio is ranked worse than
50.99% of 761 companies
in the REITs industry
Industry Median: 0.87 vs ADC: 0.86

Agree Realty  (NYSE:ADC) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Agree Realty Quick Ratio Related Terms


Agree Realty Quick Ratio Historical Data

* Premium members only.

The historical data trend for Agree Realty's Quick Ratio 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.

Agree Realty Quick Ratio Chart

Agree Realty Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.14 0.89 0.77 0.78 0.83

Agree Realty Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick Ratio 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 0.74 0.29 0.70 0.83 0.86

ADC vs NNN, BRX, FRT: Quick Ratio Comparison

For the REIT - Retail subindustry, Agree Realty's Quick Ratio, along with its competitors' market caps and Quick Ratio 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 Quick Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Agree Realty's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Agree Realty's Quick Ratio falls into.


ADC
90GF Score
Agree Realty Corp ADC
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Agree Realty Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Agree Realty's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(143.099-0)/171.542
=0.83

Agree Realty's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(160.822-0)/186.229
=0.86

* 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.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 0.86 mean?
Agree Realty (ADC) has a Quick Ratio of 0.86 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Agree Realty and its competitors. This is near median its historical median of 0.82. Over the past decade, Agree Realty's Quick Ratio has ranged from 0.29 to 2.99. According to the industry distribution chart, Agree Realty ranks #388 out of 761 companies in the REITs industry, placing it in the top 51%.
Is Agree Realty's Quick Ratio too high?
Agree Realty's current Quick Ratio of 0.86 is near median its 10-year median of 0.82. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 2.99. The REITs industry median Quick Ratio is 0.87. Agree Realty's value of 0.86 is 1.1% below this industry median. Based on the distribution chart, Agree Realty ranks #388 out of 761 companies in the REITs industry, which is below the industry midpoint. Overall, Agree Realty has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Agree Realty's Quick Ratio compare to NNN and BRX?
According to the REITs industry distribution chart, Agree Realty ranks #388 out of 761 companies for Quick Ratio. This places Agree Realty in the lower half of its industry. The industry median Quick Ratio is 0.87. Agree Realty's value of 0.86 is 1.1% below this benchmark. Historically, Agree Realty's own Quick Ratio has ranged from 0.29 to 2.99 over the past decade. While the company's 10-year median is 0.82 vs. the industry median of 0.87, Agree Realty has consistently been below 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 Quick Ratio for a REITs company?
The median Quick Ratio among REITs companies is 0.87, based on 761 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Agree Realty's current Quick Ratio of 0.86 is 1.1% below 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Agree Realty and its competitors. For the REITs industry, the median Quick Ratio is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Agree Realty's current Quick Ratio is 0.86, which is near median its own 10-year median of 0.82. 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 $77.97, compared to a current price of $75.32 — trading 3.4% below its estimated fair value. The current Quick Ratio is 0.86, which is near median its 10-year median of 0.82 and 1.1% below the REITs industry median of 0.87. Agree Realty's overall GF Score™ is 90/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Agree Realty (ADC), the current Quick Ratio is 0.86 as of Mar. 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 $75.32 is trading 3.4% below its estimated GF Value™ of $77.97. GuruFocus considers Agree Realty to be Fairly Valued.

Key valuation signals for ADC:

  • Quick Ratio: 0.86 (near median its 10-year median of 0.82)
  • GF Value™: $77.97 vs. price of $75.32 (3.4% below fair value)
  • GF Score™: 90/100 with 9 warning signs
  • Industry Position: 1.1% below the REITs median (#388 of 761)

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 Business Description

Industry Real EstateREITs
Other Exchanges AGL:GermanyA1DC34:Brazil
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-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.
90GF Score

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Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$75.32
Price
$77.97
GF Value