Agree Realty Corporation (ADC) — Capital Reinvestment Ratio

Latest as of March 2026: 2.84x

Agree Realty Corporation (ADC) has a Capital Reinvestment Ratio of 2.84x as of March 2026, meaning it reinvests 3% of its operating cash flow ($145.16 Million) in capital expenditures ($412.33 Million). Check ADC tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

2.84x
Capex / Operating Cash Flow

Operating Cash Flow

$145.16 Million
USD

Capital Expenditures

$412.33 Million
USD

Data as of

Mar 2026
Most recent filing

Agree Realty Corporation Capital Reinvestment Ratio (1995–2025)

This chart tracks Agree Realty Corporation's Capital Reinvestment Ratio across 31 annual periods. For the full cash flow conversion analysis, see Agree Realty Corporation cash conversion from operations.

Annual Capital Reinvestment Ratio for Agree Realty Corporation (1995–2025)

Year-by-year Capital Reinvestment Ratio for Agree Realty Corporation from 1995 to 2025. See ADC FCF generation index to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (USD) Capital Expenditures YoY Change
2025 3.14x $504.14 Million $1.58 Billion ▲ +38.8%
2024 2.26x $431.97 Million $977.33 Million ▼ -31.2%
2023 3.29x $391.60 Million $1.29 Billion ▼ -28.2%
2022 4.59x $362.12 Million $1.66 Billion ▼ -21.7%
2021 5.85x $246.31 Million $1.44 Billion ▼ -37.8%
2020 9.42x $142.96 Million $1.35 Billion ▲ +62.9%
2019 5.78x $126.71 Million $732.57 Million ▼ -14.8%
2018 6.78x $93.25 Million $632.61 Million ▲ +53.7%
2017 4.41x $82.20 Million $362.87 Million ▼ -16.4%
2016 5.28x $61.73 Million $325.79 Million ▲ +357151.4%
2015 0.00x $44.68 Million $66.00K ▼ -100.0%
2014 4.55x $35.10 Million $159.80 Million ▲ +48.8%
2013 3.06x $29.59 Million $90.54 Million ▼ -23.2%
2012 3.99x $21.21 Million $84.52 Million ▲ +173.8%
2011 1.46x $25.50 Million $37.11 Million ▼ -2.1%
2010 1.49x $26.11 Million $38.82 Million ▲ +300.7%
2009 0.37x $23.58 Million $8.75 Million ▼ -62.0%
2008 0.98x $21.93 Million $21.42 Million ▲ +7.0%
2007 0.91x $21.64 Million $19.76 Million ▲ +99.2%
2006 0.46x $20.30 Million $9.31 Million ▼ -40.5%
2005 0.77x $19.64 Million $15.12 Million ▼ -35.1%
2004 1.19x $18.30 Million $21.71 Million ▼ -7.7%
2003 1.29x $15.65 Million $20.12 Million ▲ +26.2%
2002 1.02x $13.66 Million $13.91 Million ▲ +174.5%
2001 0.37x $13.05 Million $4.84 Million ▼ -57.3%
2000 0.87x $11.60 Million $10.08 Million ▼ -9.9%
1999 0.96x $12.06 Million $11.62 Million ▼ -21.5%
1998 1.23x $11.16 Million $13.69 Million ▲ +30.6%
1997 0.94x $9.24 Million $8.68 Million ▼ -46.6%
1996 1.76x $7.71 Million $13.58 Million ▼ -41.6%
1995 3.02x $6.60 Million $19.90 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow