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Agree Realty shares outstanding ADC

Diluted shares outstanding, averaged over each quarter, from 2010.

Latest quarter, to Jun 30, 2026
120.5M
On a year earlier
+9.2%
more shares

Agree Realty had 120.5M diluted shares outstanding on average in Q2 FY26, the quarter to Jun 30, 2026.

That is 9.2% more than a year earlier, so each share owns a little less of the company.

Shares outstanding over time

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearShares, fourth quarterChange
FY2025115.1M+10%
FY2024104.8M+4%
FY2023100.5M+13%
FY202288.9M+26%
FY202170.7M+26%
FY202056.1M+30%
FY201943M+22%
FY201835.2M+19%
FY201729.6M+16%
FY201625.4M+33%
FY201519.1M+23%
FY201415.5M+13%
FY201313.8M+22%
FY201211.3M+16%
FY20119.7Mn/a

Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.

Quarter by quarter

QuarterEndedShares outstandingOn a year earlier
Q2 FY26120.5M+9%
Q1 FY26120.4M+12%
Q4 FY25115.1M+10%
Q3 FY25111.5M+10%
Q2 FY25110.4M+10%
Q1 FY25107.5M+7%
Q4 FY24104.8M+4%
Q3 FY24101.7M+4%
Q2 FY24100.5M+8%
Q1 FY24100.3M+11%
Q4 FY23100.5M+13%
Q3 FY2397.3M+21%

What the shares outstanding tells you

Diluted shares outstanding, averaged over the period. Fewer shares means each one owns more of the company.

A falling count usually means buybacks. A rising one means stock pay, acquisitions paid in shares or new shares sold.

More on Agree Realty

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