Agree Realty Corporation ADC NYSE

Agree Realty Corporation (ADC) has shown strong revenue growth over the past 3 years, expanding from $463M to $718M (average +15.8%/yr). Net income reached $204M, reflecting solid earnings growth at +10.3%/yr on average. The net profit margin is 28.4%, which is exceptional. The company has maintained profitability in all 4 of the past 4 years, demonstrating a consistent earnings track record. The gross margin is 87.7% (high), with a +6.2pp trend over the period. With a $9B market cap and MOAT composite score of 70/100, the company has a strong competitive position.

Criteria proven by this page:

• GROWTH (80/100, Pass) — proving strong growth momentum
• PAST (100/100, Pass) — proving consistent earnings. Looking at the full 32-year history, the company was profitable in 32 of 32 years — a perfect long-term track record
• INCOME (85/100, Pass) — proves strong profitability and pricing power
• MOAT (70/100, Pass) — strong gross margins and market scale prove a durable competitive advantage

Overall SharesGrow Score: 63/100 with 5/7 criteria passed.