Agree RealtyADC +1.28%90 ROA % is 2.48% as of Mar. 2026, which is 9% below its 10-year median of 2.74. 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 938 REITs companies, Agree Realty ranks worse than 60.77% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Agree Realty's annualizedNet Income for the quarter that ended in Mar. 2026 was $248.2 Mil.
Agree Realty's average Total Assets over the quarter that ended in Mar. 2026 was $9,988.9 Mil. Therefore, Agree Realty's annualized ROA % for the quarter that ended in Mar. 2026 was 2.48%.
The historical rank and industry rank for Agree Realty's ROA % or its related term are showing as below:
ADC'
s ROA % Range Over the Past 10 Years
Min: 2.24 Med: 2.74 Max: 4.67
Current: 2.32
During the past 13 years, Agree Realty's highest ROA % was 4.67%. The lowest was 2.24%. And the median was 2.74%.
ADC's ROA % is ranked worse than 60.77% of 938
companies
in the REITs industry
Industry Median: 3.23
vs ADC: 2.32
Agree Realty (NYSE:ADC) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.
* 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Agree Realty ROA % Related Terms
Agree Realty ROA % Historical Data
* Premium members only.
The historical data trend for Agree Realty's ROA % 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 ROA %, along with its competitors' market caps and ROA % 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 ROA % vs REITs Industry
For the REITs industry and Real Estate sector, Agree Realty's ROA % distribution charts can be found below:
* The bar in red indicates where Agree Realty's ROA % falls into.
* 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.
In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Agree Realty (ADC) has a ROA % of 2.48% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Agree Realty and its competitors. This is near median its historical median of 2.74. Over the past decade, Agree Realty's ROA % has ranged from 2.24 to 4.67. According to the industry distribution chart, Agree Realty ranks #570 out of 938 companies in the REITs industry, placing it in the top 60.8%.
Is Agree Realty's ROA % too high?
Agree Realty's current ROA % of 2.48% is near median its 10-year median of 2.74. Over the past 10 years, this metric has ranged from a low of 2.24 to a high of 4.67. The REITs industry median ROA % is 3.23. Agree Realty's value of 2.48% is 23.2% below this industry median. Based on the distribution chart, Agree Realty ranks #570 out of 938 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 ROA % compare to NNN and BRX?
According to the REITs industry distribution chart, Agree Realty ranks #570 out of 938 companies for ROA %. This places Agree Realty in the lower half of its industry. The industry median ROA % is 3.23. Agree Realty's value of 2.48% is 23.2% below this benchmark. Historically, Agree Realty's own ROA % has ranged from 2.24 to 4.67 over the past decade. While the company's 10-year median is 2.74 vs. the industry median of 3.23, 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 ROA % for a REITs company?
The median ROA % among REITs companies is 3.23, based on 938 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Agree Realty's current ROA % of 2.48% is 23.2% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Agree Realty and its competitors. For the REITs industry, the median ROA % is 3.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Agree Realty's current ROA % is 2.48%, which is near median its own 10-year median of 2.74. 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 ROA % is 2.48%, which is near median its 10-year median of 2.74 and 23.2% below the REITs industry median of 3.23. 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 ROA % calculated?
ROA % is calculated from a company's financial statements. For Agree Realty (ADC), the current ROA % is 2.48% 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:
ROA %: 2.48% (near median its 10-year median of 2.74)
GF Value™: $77.97 vs. price of $75.32 (3.4% below fair value)
Industry Position: 23.2% below the REITs median (#570 of 938)
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.
90GF Score
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