ADC

Agree Realty Corp

Price, suppliers and customers from SEC filings, institutional ownership and the next report.

NYSE · Real Estate Investment Trusts

70.03

0.00 · 0.00%after hours

at close −0.75 · −1.06%

as of 20:00 UTC· delayed

open

70.27

volume

1.3M

mkt cap

$8.8B

p/e

40.49

eps

1.86

div yield

4.47%

day range

70.03 – 70.54

52-week

67.11 – 81.22

next reportOct 26 · in 41d · after close · estimatedThe earnings roomExpected move · positioning · linked exposure›

Supply chain

from SEC filings · 26 direct ties

100%

expand

Select a tie for the filing sentence that discloses it; select again to open the company. Lines are disclosed suppliers and customers, coloured by industry; the closer to the centre, the more the filings disclose. A dot is green or red by today’s move, and a bundle sits past the rings until you open it. Extended: satellites hang off single companies, not bundled sectors.

Largest move on the map today: DLTR −5.34%, in the consumer bundle.

Intraday

−0.34% since 9 AM

Prev close 70.03 · gapped above the open, then crossed back over prior close. High/low 70.54 at 10:45 am ET, 70.03 at 3:45 pm ET.

Who supplies Agree Realty Corp, and who buys from it

Agree Realty Corp has 7 disclosed suppliers and 19 disclosed customers. Each one is named in an SEC filing, either Agree Realty Corp’s own annual report or the counterparty’s, and carries the sentence that discloses it.

Who supplies Agree Realty Corp?

7 disclosed

1PNCPNC Bank, National Association−0.80%
2USBU.S. Bank National Association−0.73%
3—Grant Thornton LLP
4AIGAIG Asset Management (U.S.), LLC−0.41%
5—Computershare Inc.
6—Computershare Trust Company, N.A.
7—Teachers Insurance and Annuity Associate of America

Who buys from Agree Realty Corp?

19 disclosed

1WMTWalmart6.20% of ADC rev−0.91%
2TSCOTractor Supply5.00% of ADC rev−2.10%
3DGDollar General4.50% of ADC rev−2.42%
4BBY

Dependency

8 ties priced both ways

Each disclosed tie as a share of both companies’ annual revenue. The bigger share is the side that would feel it if the relationship ended.

Partner	% of their revenue	% of ADC revenue	Skew
WMTWalmart	0.01%	6.20%	993×
TSCOTractor Supply	0.23%	5.00%	22×
DGDollar General	0.08%	4.50%	59×
BBYBest Buy	0.06%	3.40%	58×
CVSCVS	0.01%	3.20%	560×
TJXTJX Companies	0.04%	3.20%	84×
DLTRDollar Tree	0.11%	2.90%	27×
LOWLowe's	0.02%	2.90%	120×

Sources

sec edgar · verbatim disclosure

Show the filing sentences· 24

Each tie, with the sentence that disclosed it. Open a row for the wording and the filing it came from.

WMTWalmartsells to
“Walmart $ 38,460 6.2 %”
ADC
6.20%of its revenue comes from Walmartdisclosed
WMT
0.01%of its revenue comes from ADCderived
$45M relationship993× more of ADC’s book than WMT’s
basisADC fy2025 · closed 2025-12 $718MWMT fy2026 · closed 2026-01 $713Bfiled 2025-02-11
The two fiscal years close in different months, so the derived share compares periods that do not line up exactly.
FILING
TSCOTractor Supplysells to
“Tractor Supply 30,800 5.0 %”
ADC
5.00%of its revenue comes from Tractor Supplydisclosed
TSCO
0.23%of its revenue comes from ADCderived
$36M relationship22× more of ADC’s book than TSCO’s
basisADC fy2025 · closed 2025-12 $718MTSCO fy2025 · closed 2025-12 $15.5Bfiled 2025-02-11
FILING10-K0001558370-25-000803
DGDollar Generalsells to
“Dollar General 28,115 4.5 %”
ADC
4.50%of its revenue comes from Dollar Generaldisclosed
DG
0.08%of its revenue comes from ADCderived
$32M relationship59× more of ADC’s book than DG’s
basisADC fy2025 · closed 2025-12 $718MDG fy2025 · closed 2026-01 $42.7Bfiled 2025-02-11
The two fiscal years close in different months, so the derived share compares periods that do not line up exactly.
BBYBest Buysells to
“Best Buy 21,130 3.4 %”
ADC
3.40%of its revenue comes from Best Buydisclosed
BBY
0.06%of its revenue comes from ADCderived
$24M relationship58× more of ADC’s book than BBY’s
basisADC fy2025 · closed 2025-12 $718MBBY fy2026 · closed 2026-01 $41.7Bfiled 2025-02-11
The two fiscal years close in different months, so the derived share compares periods that do not line up exactly.
CVSCVSsells to
“CVS 19,599 3.2 %”
ADC
3.20%of its revenue comes from CVSdisclosed
CVS
0.01%of its revenue comes from ADCderived
$23M relationship560× more of ADC’s book than CVS’s
basisADC fy2025 · closed 2025-12 $718MCVS fy2025 · closed 2025-12 $402Bfiled 2025-02-11
FILING10-K0001558370-25-000803
TJXTJX Companiessells to
“TJX Companies 19,614 3.2 %”
ADC
3.20%of its revenue comes from TJX Companiesdisclosed
TJX
0.04%of its revenue comes from ADCderived
$23M relationship84× more of ADC’s book than TJX’s
basisADC fy2025 · closed 2025-12 $718MTJX fy2026 · closed 2026-01 $60.4Bfiled 2025-02-11
The two fiscal years close in different months, so the derived share compares periods that do not line up exactly.
DLTRDollar Treesells to
“Dollar Tree 18,170 2.9 %”
ADC
2.90%of its revenue comes from Dollar Treedisclosed
DLTR
0.11%of its revenue comes from ADCderived
$21M relationship27× more of ADC’s book than DLTR’s
basisADC fy2025 · closed 2025-12 $718MDLTR fy2025 · closed 2026-01 $19.4Bfiled 2025-02-11
The two fiscal years close in different months, so the derived share compares periods that do not line up exactly.
LOWLowe'ssells to
“Lowe's 17,884 2.9 %”
ADC
2.90%of its revenue comes from Lowe'sdisclosed
LOW
0.02%of its revenue comes from ADCderived
$21M relationship120× more of ADC’s book than LOW’s
basisADC fy2025 · closed 2025-12 $718MLOW fy2025 · closed 2026-01 $86.3Bfiled 2025-02-11
The two fiscal years close in different months, so the derived share compares periods that do not line up exactly.
ORLYO'Reilly Auto Partssells to
“O'Reilly Auto Parts 17,798 2.9 %”
ADC
2.90%of its revenue comes from O'Reilly Auto Partsdisclosed
ORLY
0.12%of its revenue comes from ADCderived
$21M relationship25× more of ADC’s book than ORLY’s
basisADC fy2025 · closed 2025-12 $718MORLY fy2025 · closed 2025-12 $17.8Bfiled 2025-02-11
FILING10-K0001558370-25-000803
—Hobby Lobbysells to
“Hobby Lobby 18,200 2.9 %”
ADC
2.90%of its revenue comes from Hobby Lobbydisclosed
Hobby Lobby
—annual revenue not on file, so the other side cannot be derived
$21M relationship
basisADC fy2025 · closed 2025-12 $718Mfiled 2025-02-11
FILING10-K0001558370-25-000803filed 2025-02-11cik 0000917251
KRKrogersells to
“Kroger 17,102 2.8 %”
ADC
2.80%of its revenue comes from Krogerdisclosed
KR
0.01%of its revenue comes from ADCderived
$20M relationship206× more of ADC’s book than KR’s
basisADC fy2025 · closed 2025-12 $718MKR fy2025 · closed 2026-01 $148Bfiled 2025-02-11
The two fiscal years close in different months, so the derived share compares periods that do not line up exactly.
—Gerber Collisionsells to
“Gerber Collision 15,039 2.4 %”
ADC
2.40%of its revenue comes from Gerber Collisiondisclosed
Gerber Collision
—annual revenue not on file, so the other side cannot be derived
$17M relationship
basisADC fy2025 · closed 2025-12 $718Mfiled 2025-02-11
FILING10-K0001558370-25-000803filed 2025-02-11cik 0000917251
—7-Elevensells to
“7-Eleven 14,164 2.3 %”
ADC
2.30%of its revenue comes from 7-Elevendisclosed
7-Eleven
—annual revenue not on file, so the other side cannot be derived
$17M relationship
basisADC fy2025 · closed 2025-12 $718Mfiled 2025-02-11
FILING10-K0001558370-25-000803filed 2025-02-11cik 0000917251
—Sunbelt Rentalssells to
“Sunbelt Rentals 17,224 2.3 %”
ADC
2.30%of its revenue comes from Sunbelt Rentalsdisclosed
Sunbelt Rentals
—annual revenue not on file, so the other side cannot be derived
$17M relationship
basisADC fy2025 · closed 2025-12 $718Mfiled 2026-02-10
FILING10-K0000917251-26-000013filed 2026-02-10cik 0000917251
BURLBurlingtonsells to
“Burlington 15,133 2.1 %”
ADC
2.10%of its revenue comes from Burlingtondisclosed
BURL
0.13%of its revenue comes from ADCderived
$15M relationship16× more of ADC’s book than BURL’s
basisADC fy2025 · closed 2025-12 $718MBURL fy2025 · closed 2026-01 $11.6Bfiled 2026-02-10
The two fiscal years close in different months, so the derived share compares periods that do not line up exactly.
SHWSherwin-Williamssells to
“Sherwin-Williams 13,947 1.9 %”
ADC
1.90%of its revenue comes from Sherwin-Williamsdisclosed
SHW
0.06%of its revenue comes from ADCderived
$14M relationship33× more of ADC’s book than SHW’s
basisADC fy2025 · closed 2025-12 $718MSHW fy2025 · closed 2025-12 $23.6Bfiled 2026-02-10
FILING10-K0000917251-26-000013
HDHome Depotsells to
“Home Depot 10,680 1.7 %”
ADC
1.70%of its revenue comes from Home Depotdisclosed
HD
0.01%of its revenue comes from ADCderived
$12M relationship229× more of ADC’s book than HD’s
basisADC fy2025 · closed 2025-12 $718MHD fy2025 · closed 2026-02 $165Bfiled 2025-02-11
The two fiscal years close in different months, so the derived share compares periods that do not line up exactly.
GPCGenuine Parts Company (NAPA Auto Parts)sells to
“Genuine Parts Company (NAPA Auto Parts) 12,172 1.7 %”
ADC
1.70%of its revenue comes from Genuine Parts Company (NAPA Auto Parts)disclosed
GPC
0.05%of its revenue comes from ADCderived
$12M relationship34× more of ADC’s book than GPC’s
basisADC fy2025 · closed 2025-12 $718MGPC fy2025 · closed 2025-12 $24.3Bfiled 2026-02-10
FILING
—Wawasells to
“Wawa 9,916 1.6 %”
ADC
1.60%of its revenue comes from Wawadisclosed
Wawa
—annual revenue not on file, so the other side cannot be derived
$11M relationship
basisADC fy2025 · closed 2025-12 $718Mfiled 2025-02-11
FILING10-K0001558370-25-000803filed 2025-02-11cik 0000917251
PNCPNC Bank, National Associationbuys from
“On August 8, 2024, the Company entered into the First Amendment to Term Loan Agreement (the "First Amendment") with PNC Bank, National Association, as Administrative Agent, and a syndicate of lenders named therein, and with certain indirect subsidiaries of the Operating Partnership as guarantors.”
FILING10-K0001558370-25-000803filed 2025-02-11cik 0000917251
USBU.S. Bank National Associationbuys from
“4.6 Indenture, dated as of August 17, 2020, among the Agree Limited Partnership, Agree Realty Corporation and U.S. Bank National Association (incorporated by reference to Exhibit 4.1 to the Company's Current Report on Form 8-K filed on August 17, 2020).”
FILING10-K0000917251-26-000013filed 2026-02-10cik 0000917251
—Grant Thornton LLPbuys from
“23.1* Consent of Grant Thornton LLP.”
FILING10-K0000917251-26-000013filed 2026-02-10cik 0000917251
AIGAIG Asset Management (U.S.), LLCbuys from
“10.1.5 First Supplement to Uncommitted Master Note Facility, dated as of September 26, 2018, among Agree Limited Partnership, Agree Realty Corporation, AIG Asset Management (U.S.), LLC and the institutional investors named therein (incorporated by reference to Exhibit 10.4 to the Company's Quarterly Report on Form 10-Q for the quarter ended September 30, 2018).”
FILING10-K0000917251-26-000013filed 2026-02-10cik 0000917251
—Computershare Inc.buys from
“4.15 Master Deposit Agreement, by and among Agree Realty Corporation, Computershare Inc. and Computershare Trust Company, N.A., as depositary, and the holders from time to time of the depositary receipts described therein relating to shares of preferred stock of the Company, dated as of September 17, 2021 (incorporated by reference to Exhibit 4.1 to the Company's Registration Statement on Form 8-A filed on September 17, 2021).”
FILING10-K0000917251-26-000013filed 2026-02-10cik 0000917251