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Side-by-side financial comparison of AGREE REALTY CORP (ADC) and LiveRamp Holdings, Inc. (RAMP). Click either name above to swap in a different company.

LiveRamp Holdings, Inc. is the larger business by last-quarter revenue ($212.2M vs $200.8M, roughly 1.1× AGREE REALTY CORP). AGREE REALTY CORP runs the higher net margin — 31.0% vs 18.8%, a 12.2% gap on every dollar of revenue. On growth, AGREE REALTY CORP posted the faster year-over-year revenue change (18.7% vs 8.6%). Over the past eight quarters, AGREE REALTY CORP's revenue compounded faster (14.7% CAGR vs 11.1%).

Duke Realty was a real estate investment trust (REIT) based in Indianapolis, Indiana, that invested in industrial properties. As of December 31, 2021, it owned or jointly controlled 548 primarily industrial properties containing 162.7 million rentable square feet. In October 2022, it was acquired by Prologis.

LiveRamp Holdings, Inc., is an American SaaS company that offers a data connectivity platform whose services include data onboarding, the transfer of offline data online for marketing purposes.

ADC vs RAMP — Head-to-Head

Bigger by revenue
RAMP
RAMP
1.1× larger
RAMP
$212.2M
$200.8M
ADC
Growing faster (revenue YoY)
ADC
ADC
+10.1% gap
ADC
18.7%
8.6%
RAMP
Higher net margin
ADC
ADC
12.2% more per $
ADC
31.0%
18.8%
RAMP
Faster 2-yr revenue CAGR
ADC
ADC
Annualised
ADC
14.7%
11.1%
RAMP

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
ADC
ADC
RAMP
RAMP
Revenue
$200.8M
$212.2M
Net Profit
$62.2M
$39.9M
Gross Margin
71.9%
Operating Margin
49.1%
18.6%
Net Margin
31.0%
18.8%
Revenue YoY
18.7%
8.6%
Net Profit YoY
32.0%
255.7%
EPS (diluted)
$1.04
$0.62

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ADC
ADC
RAMP
RAMP
Q1 26
$200.8M
Q4 25
$190.5M
$212.2M
Q3 25
$183.2M
$199.8M
Q2 25
$175.5M
$194.8M
Q1 25
$169.2M
$188.7M
Q4 24
$160.7M
$195.4M
Q3 24
$154.3M
$185.5M
Q2 24
$152.6M
$176.0M
Net Profit
ADC
ADC
RAMP
RAMP
Q1 26
$62.2M
Q4 25
$56.0M
$39.9M
Q3 25
$52.1M
$27.4M
Q2 25
$49.2M
$7.7M
Q1 25
$47.0M
$-6.3M
Q4 24
$45.2M
$11.2M
Q3 24
$44.4M
$1.7M
Q2 24
$54.7M
$-7.5M
Gross Margin
ADC
ADC
RAMP
RAMP
Q1 26
Q4 25
71.9%
Q3 25
70.2%
Q2 25
70.1%
Q1 25
69.3%
Q4 24
71.9%
Q3 24
72.4%
Q2 24
70.6%
Operating Margin
ADC
ADC
RAMP
RAMP
Q1 26
49.1%
Q4 25
48.5%
18.6%
Q3 25
47.6%
10.7%
Q2 25
46.7%
3.7%
Q1 25
46.5%
-6.1%
Q4 24
46.9%
7.5%
Q3 24
48.2%
4.0%
Q2 24
53.7%
-3.0%
Net Margin
ADC
ADC
RAMP
RAMP
Q1 26
31.0%
Q4 25
29.4%
18.8%
Q3 25
28.4%
13.7%
Q2 25
28.0%
4.0%
Q1 25
27.8%
-3.3%
Q4 24
28.1%
5.7%
Q3 24
28.8%
0.9%
Q2 24
35.9%
-4.3%
EPS (diluted)
ADC
ADC
RAMP
RAMP
Q1 26
$1.04
Q4 25
$0.47
$0.62
Q3 25
$0.45
$0.42
Q2 25
$0.43
$0.12
Q1 25
$0.42
$-0.10
Q4 24
$0.41
$0.17
Q3 24
$0.42
$0.03
Q2 24
$0.52
$-0.11

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ADC
ADC
RAMP
RAMP
Cash + ST InvestmentsLiquidity on hand
$25.1M
$403.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$6.2B
$962.3M
Total Assets
$10.2B
$1.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ADC
ADC
RAMP
RAMP
Q1 26
$25.1M
Q4 25
$16.3M
$403.4M
Q3 25
$13.7M
$376.9M
Q2 25
$5.8M
$371.1M
Q1 25
$7.9M
$420.8M
Q4 24
$6.4M
$384.3M
Q3 24
$13.2M
$348.4M
Q2 24
$9.6M
$342.7M
Stockholders' Equity
ADC
ADC
RAMP
RAMP
Q1 26
$6.2B
Q4 25
$6.3B
$962.3M
Q3 25
$5.9B
$943.8M
Q2 25
$5.7B
$947.8M
Q1 25
$5.6B
$948.9M
Q4 24
$5.5B
$957.7M
Q3 24
$5.3B
$932.1M
Q2 24
$5.2B
$951.9M
Total Assets
ADC
ADC
RAMP
RAMP
Q1 26
$10.2B
Q4 25
$9.8B
$1.3B
Q3 25
$9.5B
$1.2B
Q2 25
$9.1B
$1.2B
Q1 25
$8.8B
$1.3B
Q4 24
$8.5B
$1.3B
Q3 24
$8.2B
$1.2B
Q2 24
$8.0B
$1.2B

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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