Agree Realty Corp (ADC) scored on five pillars from its reported financial statements, and ranked against 84 Real Estate companies.
Agree Realty Corp (ADC) scores 5.6 out of 10 as of , computed from its reported financial statements. That reads as solid quality. The reading rests on predictability, and efficiency is what holds it back.
2 pillars, profitability and solvency, are unscored because the filings behind them carry too little to judge. Each is shown as a dash rather than a zero, and the overall score is the weighted average of what could be scored.
Data provided by Twelve Data. Scores are computed by Lemma Analysis from reported financials.
We cannot judge Agree Realty Corp yet, because fewer than five years had both a return on capital and a cost of capital we could measure. This is not a “no”.
Quantitative signs of a moat, read from the filed statements. This is not a judgement of where it comes from (brand, network effects, switching costs). How Lemma measures a moat →
On the filings behind it, Agree Realty Corp earns 5.6 out of 10 for business quality as of October 19, 2026. That is solid quality on our scale. A solid reading is a respectable business with clear strengths and at least one area that falls short of the best in its field. The figure is a weighted average of five pillars, each scored from 0 to 10 against sector-aware benchmarks from reported statements.
Among the 84 Real Estate companies with a published score, that ranks at the 65th percentile, above the middle of the group. A typical company in the group scores 5.2, and the best quarter starts from 5.9. Agree Realty Corp is in line with that typical reading.
Profitability has no score for Agree Realty Corp. Fewer than half of the pillar’s metric weight could be computed from the reported statements, so it is drawn as a dash and left out of the overall rather than counted as a zero. For context, the median profitability score across 80 Real Estate companies is 4.8. Without it the overall leans on balance sheet, growth and consistency, and says little about margins or returns on capital.
There is no solvency score for Agree Realty Corp: too little of the pillar could be measured from the filings to give an honest reading. The overall is therefore the weighted average of the other pillars. Across 34 Real Estate companies the median for this pillar is 3.7. Without it the overall says nothing about how comfortably the company carries its debt.
Growth scores 6.1 out of 10, which reads as average. The median across 74 Real Estate companies is 5.2, so Agree Realty Corp is above its peers on this pillar and ranks at the 64th percentile. Average growth reflects a business expanding at roughly the pace of its sector, without a clear acceleration or decline.
Efficiency scores 2.1 out of 10, which reads as weak. The median across 80 Real Estate companies is 6.4, so Agree Realty Corp is well below its peers on this pillar and ranks at the 8th percentile. A low efficiency score is worth reading alongside profitability: earnings that do not convert into cash are worth less than they look.
On predictability, Agree Realty Corp scores 7.8, a strong reading. Its peers have a median of 4.9 across 83 Real Estate companies, which places it well above them, at the 98th percentile. Steady results like these are what make a long term view of the business easier to hold.
This is a lopsided profile. Predictability scores 7.8 but efficiency only 2.1, a gap of 5.7 points, so the overall hides a business that is excellent in one respect and weak in another. A predictability lead means consistency is the business’s strongest trait, which makes its other readings easier to trust. An efficiency shortfall means profit is not turning into cash as readily as it could.
The pillar with the most room to move the score is efficiency. If it rose to the median of Real Estate companies, 6.4, Agree Realty Corp’s overall score would go from 5.6 to about 6.8. Only three of the five pillars could be scored. Together they carry 55 of the 100 weight points (the full set is profitability 25, solvency 20, growth 20, efficiency 15, predictability 20), and the overall is the weighted average of those alone.
These are the Real Estate companies closest to Agree Realty Corp in market value. Each has its own page scored on the same five pillars, so the comparison is like for like.
How much profit the company generates from its capital and sales.
The company’s ability to service debt and meet its obligations.
How fast revenue, earnings and cash flow are compounding.
How well assets and earnings convert into cash and output.
How stable and consistent results have been over time.
Each metric is scored from 0 to 10 against sector-aware benchmarks, where higher is better. Metrics roll up into five pillars, and the pillars combine into the overall score using the weights shown. Sector-sensitive metrics are judged relative to peers in the same sector.
This score is a systematic, backward-looking read of reported fundamentals. It does not judge valuation, management quality, competitive moat, or future prospects, and can be distorted by one-off items or unusual accounting. Treat it as a starting point, not a recommendation.
Educational only. Not investment advice.
On this reading Agree Realty Corp scores 5.6 out of 10, which reads as solid quality. Its strongest pillar is predictability, its weakest is efficiency. Quality is not the same as a good investment: the score says nothing about the price you would pay.
Agree Realty Corp ranks at the 65th percentile of the 84 Real Estate companies Lemma publishes a score for. The median there is 5.2 and the top quarter starts at 5.9, against Agree Realty Corp’s 5.6.
Five pillars, each scored from 0 to 10 against sector-aware benchmarks and then weighted into one overall reading: profitability, solvency, growth, efficiency and predictability. Everything comes from reported financials, and nothing comes from price, sentiment or forecasts.
This page last changed on October 19, 2026. The score moves with the financial statements, so the page changes when a new filing moves the reading rather than on a schedule. Live figures for ADC are in the app.
No. Quality and valuation are separate questions, and a good business at the wrong price is still a bad purchase. Score the business here, then price it with a DCF you control.
Inside Lemma Analysis the same five pillars run on every company we cover, with the metrics behind each one, current fundamentals, a DCF you control and a watchlist that tells you when the price catches up.
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