BTB Real Estate Investment Trust (TSX:BTB.UN)
Canada flag Canada · Delayed Price · Currency is CAD
3.795
-0.025 (-0.65%)
Aug 11, 2026, 10:43 AM EST

TSX:BTB.UN Financials Overview

Millions CAD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
127.69130.14130.03127.83119.5100.34
Revenue Growth
-3.12%0.08%1.72%6.97%19.09%7.93%
Gross Profit
73.0175.0575.0575.3870.43100.34
Operating Income
63.3965.1365.6267.8862.9993.5
Net Income
23.1222.3738.7436.638.1541.57
Earnings Per Share
0.260.250.440.420.460.58
EPS Growth
-41.31%-43.18%4.76%-8.70%-20.83%1163.04%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Suburban office
63.8466.2566.0365.9468.7958.03
Necessity-Based Retail
32.7632.6130.6429.227.7928.64
Industrial
31.0931.2933.3732.6822.9113.67
Total
127.69130.14130.03127.83119.5100.34

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
1.455.432.470.912.47.19
Total Debt
742.55720.18735.24724.23692.15687.72
Net Cash (Debt)
-741.1-714.74-732.77-723.32-689.75-680.53
Net Cash Growth
------
Net Cash Per Share
-8.33-8.04-8.33-8.38-8.27-9.51

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
66.8370.66670.8566.2456.54
Capital Expenditures
-43.59-12.36-22.35-46.3-121.3-73.44
Free Cash Flow
23.2458.2443.6624.55-55.06-16.9
Free Cash Flow Growth
-49.56%33.41%77.80%---

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
57.18%57.67%57.72%58.97%58.94%100.00%
Operating Margin
49.65%50.04%50.46%53.11%52.72%93.18%
Pretax Margin
25.99%28.13%17.60%26.17%23.53%53.53%
Profit Margin
25.99%28.13%17.60%26.17%23.53%53.53%
FCF Margin
18.20%44.75%33.57%19.21%-46.07%-16.84%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
0.3000.3000.3000.3000.3000.300
Dividend Per Share Growth
0%0%0%0%0%-11.77%
Dividend Yield
7.85%7.18%7.73%8.88%7.12%6.26%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
14.6816.367.646.987.937.02
P/FCF Ratio
14.546.206.8110.39--
PS Ratio
2.652.772.292.002.613.03