Agree Realty (ADC) vs Federal Realty Investment (FRT)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Federal Realty Investment (FRT) has outperformed Agree Realty (ADC) over the past year, gaining 8.1% versus a loss of 6.7%. Over five years, ADC leads with a -5.2% price change compared with -15.0% for FRT. Federal Realty Investment is the larger company by market cap ($9.23 billion vs $8.20 billion), about 1.1 times the size, while Agree Realty is growing revenue faster (+16.4% vs +6.4%).
On valuation, Federal Realty Investment trades at a lower forward P/E (32.7x vs 34.4x for Agree Realty). Agree Realty offers the higher dividend yield (4.78% vs 4.28%). Federal Realty Investment converts more of its revenue into profit, with a net margin of 32.1% versus 28.4%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ADC | FRT |
|---|---|---|
| Share price | $65.78 | $105.53 |
| Market cap | $8.20B | $9.23B |
| 1-day change | -0.06% | +0.06% |
| YTD return | -8.62% | +4.62% |
| 1-year return | -6.66% | +8.11% |
| 5-year return | -5.21% | -14.97% |
| P/E ratio (TTM) | 35.37 | 21.32 |
| Forward P/E | 34.39 | 32.71 |
| EPS (TTM) | $1.86 | $4.95 |
| Dividend yield | 4.78% | 4.28% |
| Annual dividend | $3.14 | $4.52 |
| Revenue (latest FY) | $718.40M | $1.28B |
| Revenue growth (YoY) | +16.42% | +6.36% |
| Net income (latest FY) | $204.35M | $411.08M |
| Operating margin | 47.38% | 47.08% |
| Net margin | 28.45% | 32.14% |
| 52-week high | $82.08 | $128.21 |
| 52-week low | $64.43 | $90.03 |
| Distance from 52-week high | -19.86% | -17.69% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +26.01% | +23.89% |
| Average volume | 1.49M | 861.02K |
| Shares outstanding | 124.38M | 86.89M |
| Employees | 90 | 314 |
| Sector | Real Estate | Real Estate |
| Industry | Real Estate Investment Trusts | Real Estate Investment Trusts |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- FRT has outperformed ADC by 14.8 percentage points over the past year.
- Agree Realty trades at a higher earnings multiple (35.4x vs 21.3x trailing P/E).
- Agree Realty grew revenue faster in its latest fiscal year (+16.42% vs +6.36%).
About Agree Realty
ADC stock →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.
Real Estate · Real Estate Investment Trusts · 90 employees
About Federal Realty Investment
FRT stock →Federal Realty Investment Trust is a recognized leader in the ownership, operation and redevelopment of high-quality retail-based properties located primarily in major coastal markets and select underserved regions with strong economic and demographic fundamentals. Federal Realty's mission is to deliver long-term, sustainable growth through investing in communities where retail demand exceeds supply.
Real Estate · Real Estate Investment Trusts · 314 employees
ADC vs FRT FAQ
Which is bigger, Agree Realty or Federal Realty Investment?
Federal Realty Investment (FRT) is larger, with a market capitalization of $9.23B compared with $8.20B for Agree Realty (ADC).
Which stock has performed better over the past year, ADC or FRT?
FRT returned +8.11% over the past 12 months, compared with -6.66% for ADC (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ADC or FRT?
FRT has the lower trailing P/E at 21.3, versus 35.4 for ADC. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Agree Realty or Federal Realty Investment?
Agree Realty has the higher yield at 4.78%, compared with 4.28% for Federal Realty Investment.
Are Agree Realty and Federal Realty Investment in the same industry?
Yes. Both are classified in the Real Estate Investment Trusts industry within the Real Estate sector.