Agree Realty Corporation (ADC) — Cash Flow Quality Index
Agree Realty Corporation (ADC) has a Cash Flow Quality Index of 2.33x as of March 2026. Operating cash flow of $145.16 Million exceeds net income of $62.23 Million, indicating high earnings quality where cash backs reported profits. Explore Agree Realty Corporation long-term investment intensity to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Agree Realty Corporation Cash Flow Quality Index (1994–2025)
Historical Cash Flow Quality Index for Agree Realty Corporation across 32 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check ADC goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Agree Realty Corporation (1994–2025)
Year-by-year earnings quality comparison for Agree Realty Corporation. For live market cap and the full company financial profile, see market cap of Agree Realty Corporation.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 2.46x | $504.14 Million | $204.99 Million | ▲ +8.1% |
| 2024 | 2.28x | $431.97 Million | $189.83 Million | ▼ -0.9% |
| 2023 | 2.30x | $391.60 Million | $170.55 Million | ▼ -3.0% |
| 2022 | 2.37x | $362.12 Million | $153.03 Million | ▲ +18.0% |
| 2021 | 2.00x | $246.31 Million | $122.88 Million | ▲ +29.0% |
| 2020 | 1.55x | $142.96 Million | $91.97 Million | ▼ -0.9% |
| 2019 | 1.57x | $126.71 Million | $80.76 Million | ▼ -1.1% |
| 2018 | 1.59x | $93.25 Million | $58.80 Million | ▲ +13.4% |
| 2017 | 1.40x | $82.20 Million | $58.79 Million | ▲ +3.7% |
| 2016 | 1.35x | $61.73 Million | $45.80 Million | ▲ +20.0% |
| 2015 | 1.12x | $44.68 Million | $39.76 Million | ▼ -39.4% |
| 2014 | 1.86x | $35.10 Million | $18.91 Million | ▲ +26.6% |
| 2013 | 1.47x | $29.59 Million | $20.19 Million | ▲ +28.6% |
| 2012 | 1.14x | $21.21 Million | $18.60 Million | ▼ -55.8% |
| 2011 | 2.58x | $25.50 Million | $9.89 Million | ▲ +54.3% |
| 2010 | 1.67x | $26.11 Million | $15.63 Million | ▲ +27.5% |
| 2009 | 1.31x | $23.58 Million | $17.99 Million | ▼ -10.3% |
| 2008 | 1.46x | $21.93 Million | $15.02 Million | ▲ +4.5% |
| 2007 | 1.40x | $21.64 Million | $15.48 Million | ▼ -3.8% |
| 2006 | 1.45x | $20.30 Million | $13.97 Million | ▲ +18.7% |
| 2005 | 1.22x | $19.64 Million | $16.05 Million | ▼ -12.2% |
| 2004 | 1.39x | $18.30 Million | $13.12 Million | ▼ -6.7% |
| 2003 | 1.49x | $15.65 Million | $10.47 Million | ▼ -4.0% |
| 2002 | 1.56x | $13.66 Million | $8.77 Million | ▼ -3.7% |
| 2001 | 1.62x | $13.05 Million | $8.07 Million | ▼ -1.1% |
| 2000 | 1.63x | $11.60 Million | $7.10 Million | ▼ -7.7% |
| 1999 | 1.77x | $12.06 Million | $6.81 Million | ▼ -3.3% |
| 1998 | 1.83x | $11.16 Million | $6.09 Million | ▲ +3.6% |
| 1997 | 1.77x | $9.24 Million | $5.22 Million | ▼ -14.3% |
| 1996 | 2.07x | $7.71 Million | $3.73 Million | ▲ +0.1% |
| 1995 | 2.06x | $6.60 Million | $3.20 Million | ▲ +450.0% |
| 1994 | 0.38x | $900.00K | $2.40 Million | — |