Morguard Real Estate Investment Trust (MGRUF)
OTCMKTS · Delayed Price · Currency is USD
4.930
+0.100 (2.07%)
At close: Jan 26, 2026

MGRUF Income Statement

Millions CAD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Rental Revenue
239.34259.17255.08242.63241.44
Other Revenue
-1.771.772.112.08
239.34260.95256.84244.73243.52
Revenue Growth (YoY
-8.28%1.60%4.95%0.50%-5.24%
Property Expenses
127.52130.71129.1120.43119.31
Selling, General & Administrative
3.93.753.843.743.85
Total Operating Expenses
131.49134.54133.02124.25123.24
Operating Income
107.85126.41123.82120.48120.28
Interest Expense
-63.46-67.38-62.85-53.52-53.28
Interest & Investment Income
----0.02
Income (Loss) on Equity Investments
0.52----
Other Non-Operating Income
0.090.020.011.051.99
EBT Excluding Unusual Items
4559.0560.9968.0169.01
Gain (Loss) on Sale of Investments
--3.43-3.67-5.13-3.16
Asset Writedown
-61.56-114.45-131.77-148.98-60.97
Pretax Income
-16.56-58.82-74.45-86.14.89
Net Income
-16.56-58.82-74.45-86.14.89
Net Income to Common
-16.56-58.82-74.45-86.14.89
Basic Shares Outstanding
6664646464
Diluted Shares Outstanding
6664646464
Shares Change (YoY)
3.06%0.05%0.10%0.07%3.27%
EPS (Basic)
-0.25-0.92-1.16-1.340.08
EPS (Diluted)
-0.25-0.92-1.16-1.340.08
Dividend Per Share
-0.2400.2400.2400.260
Dividend Growth
----7.69%-59.38%
Operating Margin
45.06%48.44%48.21%49.23%49.39%
Profit Margin
-6.92%-22.54%-28.98%-35.18%2.01%
EBITDA
107.92126.49123.9120.56120.36
EBITDA Margin
45.09%48.47%48.24%49.26%49.43%
D&A For Ebitda
0.070.080.080.080.08
EBIT
107.85126.41123.82120.48120.28
EBIT Margin
45.06%48.44%48.21%49.23%49.39%
Funds From Operations (FFO)
-58.9760.9--
FFO Per Share
-0.800.82--
Adjusted Funds From Operations (AFFO)
-34.6736.97--
AFFO Per Share
-0.510.54--
FFO Payout Ratio
-25.94%24.96%--
Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.