Agree Realty vs Kite Realty Group Trust
Kite Realty Group Trust is the larger business, with $844m of revenue in fiscal 2025 against $718m for Agree Realty (1.2 times as much). Agree Realty grew faster (16.4% against 0.8%). Kite Realty Group Trust kept more of each dollar of sales as profit: a net margin of 35.4% against 28.4%. Agree Realty carries less debt relative to equity (53.0% against 98.5%).
| Latest fiscal year | Agree RealtyADC, 2025 | Kite Realty Group TrustKRG, 2025 |
|---|---|---|
| Revenue | $718m | $844m |
| Revenue growth | 16.4% | 0.8% |
| Net income | $204m | $299m |
| Operating margin | 47.4% | — |
| Net margin | 28.4% | 35.4% |
| Return on equity | 3.5% | 9.4% |
| Free cash flow | $504m | $278m |
| Cash | $16.3m | $36.8m |
| Total debt | $3.32bn | $3.03bn |
| Debt to equity | 53.0% | 98.5% |
| Dividend per share | $3.08 | $1.25 |
| Dividend yield | 4.3% | 4.6% |
| Share buybacks | $3.7m | $1.3m |
| Employees | 90 | 228 |
| Market value | $8.94bn | $5.02bn |
| Price vs our value range | — | — |
| Moat score | 41 (Weak) | 42 (Weak) |
| Insider trades, 12 months | 14 buys, 0 sales | 0 buys, 2 sales |