Agree Realty Corporation
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2010 | — | 26.1% | 44.7% |
| FY2011 | — | 42.2% | 26.3% |
| FY2012 | — | 56.0% | 52.1% |
| FY2013 | — | 58.4% | 45.2% |
| FY2014 | — | 52.1% | 34.5% |
| FY2015 | — | 57.3% | 55.8% |
| FY2016 | — | 56.4% | 49.3% |
| FY2017 | — | 54.0% | 49.9% |
| FY2018 | — | 53.2% | 42.4% |
| FY2019 | — | 61.0% | 42.7% |
| FY2020 | — | 53.6% | 36.8% |
| FY2021 | — | 56.1% | 36.0% |
| FY2022 | — | 50.7% | 35.5% |
| FY2023 | — | 47.3% | 31.6% |
| FY2024 | — | 49.0% | 30.7% |
| FY2025 | — | 47.4% | 28.4% |