Boardwalk Real Estate Investment Trust (TSX:BEI.UN)
Canada · Delayed Price · Currency is CAD 64.90
-0.60 (-0.92%)
Aug 25, 2026, 4:00 PM EST
TSX:BEI.UN Income Statement
Financials in millions CAD. Fiscal year is January - December.
Millions CAD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Rental Revenue | 650.37 | 638.64 | 603.29 | 545.66 | 496.36 | 470.53 |
Other Revenue | -9.59 | -2.69 | 13.23 | -1.11 | -0.25 | - |
| 640.79 | 635.95 | 616.52 | 544.55 | 496.11 | 470.53 | |
Revenue Growth (YoY | 0.77% | 3.15% | 13.22% | 9.76% | 5.44% | 1.06% |
Property Expenses | 220.12 | 221.08 | 220.96 | 212.67 | 207.7 | 196.19 |
Selling, General & Administrative | 49.72 | 50.6 | 50.17 | 44.5 | 36.42 | 35.67 |
Depreciation & Amortization | 9 | 8.86 | 8.32 | 7.92 | 7.78 | 7.81 |
Total Operating Expenses | 277.9 | 281.39 | 279.99 | 269.66 | 251.71 | 242.12 |
Operating Income | 362.89 | 354.55 | 336.53 | 274.88 | 244.41 | 228.41 |
Interest Expense | -138.74 | -128.37 | -121.16 | -111.17 | -97.02 | -90.08 |
Interest & Investment Income | 4.03 | 4.62 | 12.5 | 3.06 | 0.94 | 0.33 |
Other Non-Operating Income | -10.47 | - | - | - | - | -0.04 |
EBT Excluding Unusual Items | 217.7 | 230.81 | 227.87 | 166.77 | 148.32 | 138.62 |
Gain (Loss) on Sale of Investments | - | - | - | -0.46 | 4.28 | - |
Gain (Loss) on Sale of Assets | -9.88 | -9.88 | - | -0.93 | - | -1.95 |
Asset Writedown | -262.5 | -22.51 | 328.66 | 598.84 | 106.41 | 403.87 |
Other Unusual Items | 22.38 | -1.58 | 31.77 | -98.05 | 24.17 | -94.38 |
Pretax Income | -32.3 | 196.84 | 588.3 | 666.18 | 283.17 | 446.16 |
Income Tax Expense | -0.14 | -0.03 | 0.08 | 0.08 | 0.08 | -0.11 |
Net Income | -32.16 | 196.87 | 588.22 | 666.1 | 283.1 | 446.27 |
Net Income to Common | -32.16 | 196.87 | 588.22 | 666.1 | 283.1 | 446.27 |
Net Income Growth | - | -66.53% | -11.69% | 135.29% | -36.56% | - |
Basic Shares Outstanding | 48 | 49 | 49 | 46 | 46 | 47 |
Diluted Shares Outstanding | 48 | 53 | 54 | 46 | 50 | 47 |
Shares Change | -6.07% | -0.97% | 17.81% | -9.00% | 8.22% | -8.78% |
EPS (Basic) | -0.67 | 4.02 | 11.91 | 14.54 | 6.17 | 9.59 |
EPS (Diluted) | -0.67 | 3.84 | 10.41 | 14.54 | 5.23 | 9.59 |
EPS Growth | - | -63.10% | -28.40% | 177.77% | -45.43% | - |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Dividend Per Share | 1.680 | 1.590 | 1.395 | 1.155 | 1.067 | 1.001 |
Dividend Growth | 12.00% | 13.98% | 20.78% | 8.27% | 6.59% | 0% |
Operating Margin | 56.63% | 55.75% | 54.59% | 50.48% | 49.27% | 48.54% |
Profit Margin | -5.02% | 30.96% | 95.41% | 122.32% | 57.06% | 94.84% |
EBITDA | 371.89 | 363.41 | 344.85 | 282.8 | 252.19 | 236.22 |
EBITDA Margin | 58.04% | 57.15% | 55.94% | 51.93% | 50.83% | 50.20% |
D&A For Ebitda | 9 | 8.86 | 8.32 | 7.92 | 7.78 | 7.81 |
EBIT | 362.89 | 354.55 | 336.53 | 274.88 | 244.41 | 228.41 |
EBIT Margin | 56.63% | 55.75% | 54.59% | 50.48% | 49.27% | 48.54% |
Funds From Operations (FFO) | 251.34 | 248.5 | 225.85 | 181.35 | 157.44 | 150.21 |
FFO Per Share | - | 4.65 | 4.18 | 3.60 | 3.13 | 2.94 |
Adjusted Funds From Operations (AFFO) | - | 214.89 | 192.27 | 149.1 | 126.18 | 117.92 |
AFFO Per Share | - | 4.02 | 3.56 | 2.96 | 2.51 | 2.31 |
FFO Payout Ratio | 32.10% | 31.07% | 30.02% | 28.93% | 30.89% | 31.02% |
Effective Tax Rate | - | - | 0.01% | 0.01% | 0.03% | - |