Is AGREE REALTY CORP (ADC) Halal?

NYSE Real Estate United States $9.0B
✗ NOT HALAL
Confidence: 90/100
AGREE REALTY CORP (ADC) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 34.3% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. AGREE REALTY CORP operates in the Real Estate sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 34.3%
/ 30%
0.2%
/ 30%
1.3%
/ 30%
0.77%
/ 5%
✗ NOT HALAL
DJIM 34.3%
/ 33%
0.2%
/ 33%
1.3%
/ 33%
0.77%
/ 5%
✗ NOT HALAL
MSCI 34.2%
/ 33%
0.2%
/ 33%
1.3%
/ 33%
0.77%
/ 5%
✗ NOT HALAL
S&P 34.3%
/ 33%
0.2%
/ 33%
1.3%
/ 33%
0.77%
/ 5%
✗ NOT HALAL
FTSE 34.2%
/ 33%
0.2%
/ 33%
1.3%
/ 50%
0.77%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
42.0
Forward: 36.4
EPS
$1.77
Dividend Yield
418.0%
Payout: 174.1%
P/B Ratio
1.5
EV/EBITDA
20.0
EV: $12.4B
Revenue
$718M
Growth: 18.5%
Beta
0.5
Low volatility
Current Ratio
0.3

Profitability

Gross Margin 87.7%
Operating Margin 48.3%
Net Margin 28.4%
Return on Equity (ROE) 3.5%
Return on Assets (ROA) 2.4%

Cash Flow & Balance Sheet

Operating Cash Flow$504M
Free Cash Flow$504M
Total Debt$3.4B
Debt-to-Equity53.0
Current Ratio0.3
Total Assets$9.8B

Price & Trading

Last Close$74.40
50-Day MA$76.64
200-Day MA$73.75
Avg Volume1.3M
Beta0.5
52-Week Range
$68.98
$82.08

About AGREE REALTY CORP (ADC)

CEO
Mr. Joel N. Agree J.D.
Employees
90
Sector
Real Estate
Industry
REIT - Retail
Country
United States
Exchange
NYSE
Market Cap
$9.0B
Currency
USD

Agree Realty Corporation is a publicly traded real estate investment trust. The Firm is Rethinking Retail through the acquisition and development of properties net leased to industry-leading, omni-channel retail tenants. As of December 31, 2025, the Company owned and operated a portfolio of 2,674 properties, located in all 50 states and containing approximately 55.5 million square feet of gross leasable area. The Company's common stock is listed on the New York Stock Exchange.

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Frequently Asked Questions

Is AGREE REALTY CORP (ADC) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), AGREE REALTY CORP is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is AGREE REALTY CORP's debt ratio?

AGREE REALTY CORP's debt ratio is 34.3% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 34.2%.

What are AGREE REALTY CORP's key financial metrics?

AGREE REALTY CORP has a market capitalization of $9.0B, trailing P/E ratio of 42.0, and revenue of $718M. The company maintains a gross margin of 87.7% and a net margin of 28.4%. Return on equity stands at 3.5%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.