Company / Interest Expense
Agree Realty Interest Expense History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$81.1M
FY2023
5-year range
$50.4M / $81.1M
FY2019-FY2023
Trend
+27.9%
vs FY2022
Sector context
#42 of 61
Real Estate
What the data says
At $81M, Agree Realty's interest expense ranks #20 of 61 in the Real Estate sector. Interest Expense has increased for 7 consecutive years, from $15M in FY2016 to $81M in FY2023.
Based on SEC 10-K filings.
$81M in FY2023 with a 5-year CAGR of +26.7%.
Increased from $50M to $81M over the past 2 years.
Real Estate sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- +26.5%
- 5-Year CAGR
- +26.7%
- 10-Year CAGR
- -
Sector benchmark
#20 of 61 in Real EstateTop 31% of 61This company $81.1M Sector average $209.9M
▼
-61.4% below sector average
Key checks
Key Insights
- Agree Realty's interest expense has grown for 7 consecutive years.
- 5-year CAGR of +26.7%, indicating consistent growth.
- In FY2023, interest expense increased 27.9% year-over-year.
- Ranks #42 out of 61 companies in the Real Estate sector.
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 | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $81.1M | +27.9% |
| FY2022 | $63.4M | +25.9% |
| FY2021 | $50.4M | +25.6% |
| FY2020 | $40.1M | +21.2% |
| FY2019 | $33.1M | +33.1% |
| FY2018 | $24.9M | +37.1% |
| FY2017 | $18.1M | +18.2% |
| FY2016 | $15.3M | +24.7% |
As of FY2023 · SEC 10-K · Updated Feb 28, 2026