Agree Realty EV/EBIT ADC

Enterprise value divided by operating profit over the last twelve months, one-off items taken out, since 2012.

Today, Oct 23, 2026: 32.7×
10-year median: 35.9×
Against its 10-year history: 20th; percentile: 0 is its lowest day, 100 its highest
10-year range: 29.3× to 45.3×
Peer median: 22.9×

Agree Realty's EV/EBIT is 32.7× as of Oct 23, 2026.

That is below its ten-year median of 35.9×, lower than on 80% of days in the last ten years.

Over that time it ranged from 29.3× in May 2017 to 45.3× in Apr 2021.

The median for 10 specialty REITs of a similar size is 22.9×.

EV/EBIT over time

median 35.9×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	32.7×	32.4×	38.5×
2025	36.3×	33.0×	37.4×
2024	33.7×	31.6×	36.6×
2023	35.2×	31.2×	39.7×
2022	38.1×	32.6×	41.1×
2021	35.9×	34.2×	45.3×
2020	40.5×	32.6×	44.6×
2019	40.8×	36.7×	44.9×
2018	36.9×	29.7×	38.2×
2017	32.7×	29.3×	33.2×
2016	31.4×	24.9×	35.7×
2015	25.6×	23.5×	29.4×
2014	26.0×	22.3×	26.0×
2013	24.7×	16.4×	27.0×
2012	16.7×	8.2×	16.7×

Against its peers

Companies in REIT - Specialty nearest Agree Realty's size, closest first, today.

Company	EV/EBIT
ADCAgree Realty	32.7×
RHPRyman Hospitality Properties	22.1×
NNNNNN REIT	21.9×
BRXBrixmor Property	20.7×
CTRECareTrust REIT	23.7×
CUBECubeSmart	37.4×
FRTFederal Realty Investment Trust	22.1×
FRFirst Industrial Realty Trust	34.9×
STAGSTAG Industrial	26.5×
BXPBXP	11.1×
CPTCamden Property Trust	51.5×
Peer median	22.9×

Where Agree Realty ranks

What the EV/EBIT tells you

What the whole business costs against its operating profit. Enterprise value is the market value plus borrowings and minority interests, less cash. EBIT is operating profit before interest and tax, with one-offs taken out. Unlike PE it is not moved by how a company is financed.

Leases are left out of debt for every company. Banks earn on their balance sheet, so EV/EBIT does not describe them.

More on Agree Realty

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.