Agree Realty Corporation
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $16.3M | $6.4M | $10.9M | $27.8M | $43.3M | $6.1M | $15.6M | $54.0M |
| Accounts Receivable | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | — | — | — | — | — | — | — | — |
| Property, Plant & Equipment | — | — | — | — | — | — | — | $1.65B |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | $940.8M | $818.7M | $817.3M | $762.7M | $638.9M | $437.9M | $316.8M | $256.7M |
| Total Assets | $9.80B | $8.49B | $7.77B | $6.71B | $5.23B | $3.89B | $2.66B | $2.03B |
| Liabilities | ||||||||
| Accounts Payable | — | — | — | — | — | — | — | — |
| Total Current Liabilities | — | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | — | $1.69B | $1.23B | — | $724.1M |
| Total Liabilities | $3.53B | $2.98B | $2.57B | $2.08B | $1.81B | $1.36B | $973.0M | $789.7M |
| Stockholders' Equity | ||||||||
| Retained Earnings | — | — | — | — | — | — | — | — |
| Total Stockholders' Equity | $6.27B | $5.51B | $5.20B | $4.63B | $3.42B | $2.52B | $1.69B | $1.24B |