Company / Free Cash Flow
Agree Realty Free Cash Flow History
FY2018-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Free Cash Flow
-$442.5M
FY2024
5-year range
-$1.2B / -$442.5M
FY2020-FY2024
Trend
+45.3%
vs FY2023
Sector context
#37 of 38
Real Estate
What the data says
Among 38 Real Estate companies, Agree Realty is in the bottom 3% for free cash flow. Free Cash Flow has fluctuated over the past 7 years, ranging from -$1.2B in FY2022 to -$443M in FY2024.
Based on SEC 10-K filings.
-$443M in FY2024.
Improved from -$1.2B to -$443M over the past 2 years.
Real Estate sector context is included.
Free Cash Flow over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Bottom 3% in Real EstateTop 97% of 38This company -$442.5M Sector average $464.8M
▼
-195.2% below sector average
Key checks
Key Insights
- In FY2024, free cash flow increased 45.3% year-over-year.
- Ranks #37 out of 38 companies in the Real Estate sector.
- Lowest free cash flow in the period was in FY2022.
Company context
Key Data Points
- Altman Z-Score 0.93 (distress zone, below 1.8 threshold)
- Strong profit margin: 30.7%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Free Cash FlowValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | -$442.5M | +45.3% |
| FY2023 | -$808.4M | +34.7% |
| FY2022 | -$1.2B | -8.2% |
| FY2021 | -$1.1B | +2.0% |
| FY2020 | -$1.2B | -102.5% |
| FY2019 | -$576.2M | -11.9% |
| FY2018 | -$515.1M | - |
| FY2017 | - | - |
| FY2016 | - | - |
As of FY2024 · SEC 10-K Annual Filings · Updated Feb 28, 2026