Agree Realty Corporation employees and revenue per employee

ADC · REIT - Retail · $8.55B market cap

Agree Realty Corporation had 90 employees at the end of fiscal Dec 2025, up 20.0% from a year earlier. Revenue for the year was $718M, up 16.4% from a year earlier, or $7.98M per employee. Headcount grew faster than revenue.

Employees

90

+20.0% YoY

Revenue

$718M

+16.4% YoY

Revenue / employee

$7.98M

Peer median $3.04M

Rank in industry

3 of 10

REIT - Retail

Headcount against revenue

Both lines start at 100 in the first year we hold, so you can see which one grew faster.

EmployeesRevenueIndexed to 100 in Dec 2016
45442840'16'17'18'19'20'21'22'23'24'25Revenue 785Staff 375

Hover a year for the numbers.

ADC employees and revenue by fiscal year
Year endingEmployeesRevenuePer employeeStaff YoYRevenue YoY
Dec 202590$718M$7.98M+20.0%+16.4%
Dec 202475$617M$8.23M+4.2%+14.8%
Dec 202372$537M$7.47M-5.3%+25.1%
Dec 202276$430M$5.66M+33.3%+26.7%
Dec 202157$339M$5.95M+16.3%+36.5%
Dec 202049$249M$5.07M+19.5%+32.6%
Dec 201941$187M$4.57M+13.9%+36.7%
Dec 201836$137M$3.81M+12.5%+23.0%
Dec 201732$112M$3.48M+33.3%+21.8%
Dec 201624$91.5M$3.81M——

Open roles: we have not matched a verified job board for this company yet.

Employees, last six fiscal years
49'2057'2176'2272'2375'2490'25
Revenue per employee, last six fiscal years
$5.07M'20$5.95M'21$5.66M'22$7.47M'23$8.23M'24$7.98M'25

Agree Realty Corporation against similar companies

The closest industry peers by revenue, from REIT - Retail.

CompanyEmployeesRevenueRevenue / employeeShape
NNN
NNN REIT, Inc.
85$926M$10.9MEfficient growth
O
Realty Income Corporation
544$5.75B$10.6MHiring ahead
ADC
Agree Realty Corporation
90$718M$7.98MHiring ahead
FRT
Federal Realty Investment Trust
314$1.28B$4.07MEfficient growth
REG
Regency Centers Corporation
507$1.55B$3.07MEfficient growth
KIM
Kimco Realty Corporation
710$2.14B$3.01MLeaner
BRX
Brixmor Property Group Inc.
462$1.37B$2.97MEfficient growth
MAC
The Macerich Company
596$1.02B$1.70MLeaner
SKT
Tanger Inc.
407$582M$1.43MEfficient growth
Every Real Estate company

Questions about Agree Realty Corporation

How many employees does Agree Realty Corporation have?
Agree Realty Corporation reported 90 employees for the fiscal year ending Dec 2025, in the annual report it filed on February 10, 2026. That is up 20.0% from a year earlier.
What is Agree Realty Corporation's revenue per employee?
Agree Realty Corporation brought in $718M of revenue in fiscal Dec 2025, which is $7.98M per employee. That ranks 3 of 10 companies we track in REIT - Retail, where the median is $3.04M.
Where do these numbers come from?
Employee counts and revenue are taken from each company's own annual report (Form 10-K). Open roles are counted from the company's public job board where we have matched one. Companies report headcount once a year, sometimes rounded, so small changes can be noise.

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Compare ADC with the rest of the market

See who earns the most per employee, who is hiring, and who is cutting, across every company we track.

Source: employee counts and revenue as stated in Agree Realty Corporation's annual reports (Form 10-K), latest filed February 10, 2026. This is data, not a recommendation to buy or sell ADC.