Agree Realty Corporation (ADC) — Cash Flow Reinvestment Rate
Agree Realty Corporation (ADC) has a Cash Flow Reinvestment Rate of 2.84x as of March 2026, reinvesting $412.33 Million (capex $412.33 Million ) from operating cash flow of $145.16 Million. See ADC free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Agree Realty Corporation Cash Flow Reinvestment Rate (1994–2025)
Historical reinvestment intensity for Agree Realty Corporation across 32 annual periods. For the full cash flow conversion analysis, see Agree Realty Corporation cash conversion from operations.
Annual Cash Flow Reinvestment Rate for Agree Realty Corporation (1994–2025)
Year-by-year capital reinvestment analysis for Agree Realty Corporation. See ADC free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 3.14x | $1.58 Billion | $504.14 Million | $1.58 Billion | ▼ -27.2% |
| 2024 | 4.31x | $1.86 Billion | $431.97 Million | $977.33 Million | ▼ -39.8% |
| 2023 | 7.16x | $2.80 Billion | $391.60 Million | $1.29 Billion | ▼ -20.8% |
| 2022 | 9.05x | $3.28 Billion | $362.12 Million | $1.66 Billion | ▼ -21.2% |
| 2021 | 11.48x | $2.83 Billion | $246.31 Million | $1.44 Billion | ▼ -38.0% |
| 2020 | 18.51x | $2.65 Billion | $142.96 Million | $1.35 Billion | ▲ +67.5% |
| 2019 | 11.05x | $1.40 Billion | $126.71 Million | $732.57 Million | ▼ -14.2% |
| 2018 | 12.88x | $1.20 Billion | $93.25 Million | $632.61 Million | ▲ +53.4% |
| 2017 | 8.39x | $689.95 Million | $82.20 Million | $362.87 Million | ▼ -16.9% |
| 2016 | 10.10x | $623.34 Million | $61.73 Million | $325.79 Million | ▲ +95.3% |
| 2015 | 5.17x | $230.97 Million | $44.68 Million | $66.00K | ▼ -43.3% |
| 2014 | 9.12x | $319.95 Million | $35.10 Million | $159.80 Million | ▲ +198.0% |
| 2013 | 3.06x | $90.54 Million | $29.59 Million | $90.54 Million | ▼ -23.2% |
| 2012 | 3.99x | $84.52 Million | $21.21 Million | $84.52 Million | ▲ +173.8% |
| 2011 | 1.46x | $37.11 Million | $25.50 Million | $37.11 Million | ▼ -2.1% |
| 2010 | 1.49x | $38.82 Million | $26.11 Million | $38.82 Million | ▲ +300.7% |
| 2009 | 0.37x | $8.75 Million | $23.58 Million | $8.75 Million | ▼ -62.0% |
| 2008 | 0.98x | $21.42 Million | $21.93 Million | $21.42 Million | ▲ +7.0% |
| 2007 | 0.91x | $19.76 Million | $21.64 Million | $19.76 Million | ▲ +99.2% |
| 2006 | 0.46x | $9.31 Million | $20.30 Million | $9.31 Million | ▼ -40.5% |
| 2005 | 0.77x | $15.12 Million | $19.64 Million | $15.12 Million | ▼ -35.1% |
| 2004 | 1.19x | $21.71 Million | $18.30 Million | $21.71 Million | ▼ -7.7% |
| 2003 | 1.29x | $20.12 Million | $15.65 Million | $20.12 Million | ▲ +26.2% |
| 2002 | 1.02x | $13.91 Million | $13.66 Million | $13.91 Million | ▲ +174.5% |
| 2001 | 0.37x | $4.84 Million | $13.05 Million | $4.84 Million | ▼ -57.3% |
| 2000 | 0.87x | $10.08 Million | $11.60 Million | $10.08 Million | ▼ -9.9% |
| 1999 | 0.96x | $11.62 Million | $12.06 Million | $11.62 Million | ▼ -21.5% |
| 1998 | 1.23x | $13.69 Million | $11.16 Million | $13.69 Million | ▲ +30.6% |
| 1997 | 0.94x | $8.68 Million | $9.24 Million | $8.68 Million | ▼ -46.6% |
| 1996 | 1.76x | $13.58 Million | $7.71 Million | $13.58 Million | ▼ -41.6% |
| 1995 | 3.02x | $19.90 Million | $6.60 Million | $19.90 Million | — |
| 1994 | 0.00x | $0.00 | $900.00K | $0.00 | — |