Agree Realty Corporation (ADC) — Financial Flexibility Index

Latest as of March 2026: 0.14x

Agree Realty Corporation (ADC) has a Financial Flexibility Index of 0.14x as of March 2026. Free cash flow of $557.49 Million (operating CF $145.16 Million minus capex $412.33 Million) represents 0% of total liabilities ($3.95 Billion). Check total reinvestment intensity of Agree Realty Corporation to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.14x
Free Cash Flow / Total Liabilities

Free Cash Flow

$557.49 Million
Operating CF − Capex

Total Liabilities

$3.95 Billion
USD

Capital Expenditures

$412.33 Million
USD

Agree Realty Corporation Financial Flexibility Index (1994–2025)

Historical Financial Flexibility Index trend for Agree Realty Corporation across 32 annual periods. For the full cash flow conversion analysis, see ADC cash generation efficiency.

Annual Financial Flexibility Index for Agree Realty Corporation (1994–2025)

Year-by-year free cash flow to debt coverage for Agree Realty Corporation. Explore ADC operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.59x $2.09 Billion $504.14 Million $3.53 Billion ▲ +25.0%
2024 0.47x $1.41 Billion $431.97 Million $2.98 Billion ▼ -27.4%
2023 0.65x $1.68 Billion $391.60 Million $2.57 Billion ▼ -32.8%
2022 0.97x $2.02 Billion $362.12 Million $2.08 Billion ▲ +4.0%
2021 0.93x $1.69 Billion $246.31 Million $1.81 Billion ▼ -14.7%
2020 1.10x $1.49 Billion $142.96 Million $1.36 Billion ▲ +24.0%
2019 0.88x $859.28 Million $126.71 Million $972.97 Million ▼ -3.9%
2018 0.92x $725.86 Million $93.25 Million $789.70 Million ▲ +20.5%
2017 0.76x $445.08 Million $82.20 Million $583.44 Million ▼ -16.1%
2016 0.91x $387.52 Million $61.73 Million $426.42 Million ▲ +588.4%
2015 0.13x $44.75 Million $44.68 Million $338.93 Million ▼ -83.9%
2014 0.82x $194.89 Million $35.10 Million $237.54 Million ▲ +16.5%
2013 0.70x $120.13 Million $29.59 Million $170.53 Million ▲ +14.7%
2012 0.61x $105.72 Million $21.21 Million $172.13 Million ▲ +29.2%
2011 0.48x $62.61 Million $25.50 Million $131.72 Million ▼ -13.7%
2010 0.55x $64.93 Million $26.11 Million $117.91 Million ▲ +107.8%
2009 0.27x $32.33 Million $23.58 Million $121.96 Million ▼ -24.0%
2008 0.35x $43.35 Million $21.93 Million $124.26 Million ▼ -14.2%
2007 0.41x $41.39 Million $21.64 Million $101.84 Million ▲ +19.8%
2006 0.34x $29.60 Million $20.30 Million $87.22 Million ▼ -15.2%
2005 0.40x $34.76 Million $19.64 Million $86.85 Million ▲ +12.2%
2004 0.36x $40.01 Million $18.30 Million $112.20 Million ▼ -10.6%
2003 0.40x $35.77 Million $15.65 Million $89.68 Million ▲ +73.3%
2002 0.23x $27.57 Million $13.66 Million $119.75 Million ▲ +41.8%
2001 0.16x $17.89 Million $13.05 Million $110.18 Million ▼ -18.5%
2000 0.20x $21.68 Million $11.60 Million $108.92 Million ▼ -15.7%
1999 0.24x $23.68 Million $12.06 Million $100.30 Million ▼ -14.3%
1998 0.28x $24.85 Million $11.16 Million $90.17 Million ▲ +7.5%
1997 0.26x $17.91 Million $9.24 Million $69.87 Million ▲ +9.7%
1996 0.23x $21.29 Million $7.71 Million $91.07 Million ▼ -31.6%
1995 0.34x $26.50 Million $6.60 Million $77.50 Million ▲ +2042.8%
1994 0.02x $900.00K $900.00K $56.40 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities