Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN)
Canada · Delayed Price · Currency is CAD 38.27
-0.06 (-0.16%)
Feb 3, 2026, 11:20 AM EST
TSX:CAR.UN Income Statement
Financials in millions CAD. Fiscal year is January - December.
Millions CAD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
Period Ending | Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 |
Rental Revenue | 1,036 | 1,113 | 1,065 | 1,007 | 933.14 | 882.64 |
| 1,036 | 1,113 | 1,065 | 1,007 | 933.14 | 882.64 | |
Revenue Growth (YoY | -6.51% | 4.45% | 5.76% | 7.94% | 5.72% | 13.05% |
Property Expenses | 362.84 | 382.09 | 372.53 | 356.86 | 323.14 | 304.47 |
Selling, General & Administrative | 49.57 | 51.95 | 51.38 | 52.27 | 51.37 | 42.47 |
Depreciation & Amortization | - | - | - | - | 8.25 | 7.67 |
Total Operating Expenses | 422.87 | 440.35 | 431.73 | 416.39 | 397.87 | 359.77 |
Operating Income | 613.56 | 672.4 | 633.59 | 590.88 | 535.27 | 522.88 |
Interest Expense | -203.67 | -222.59 | -214.05 | -182.87 | -150.42 | -146.12 |
Interest & Investment Income | 12.11 | 6.97 | 12.61 | 12.09 | 2.27 | 3.23 |
Income (Loss) on Equity Investments | - | - | - | 0.65 | 18.46 | 17.17 |
Currency Exchange Gain (Loss) | -32.4 | -26.78 | 4.16 | -21 | -6.1 | 5.98 |
Other Non-Operating Income | -10.87 | -34.11 | -47.25 | -14.9 | 50.56 | -62.82 |
EBT Excluding Unusual Items | 378.73 | 395.88 | 389.07 | 384.85 | 450.04 | 340.32 |
Impairment of Goodwill | - | - | - | -14.28 | - | - |
Gain (Loss) on Sale of Investments | - | - | - | - | 14.09 | -3.98 |
Gain (Loss) on Sale of Assets | - | - | - | 0.47 | -0.24 | -1.39 |
Asset Writedown | -166.57 | 58.49 | -914.59 | -468.33 | 1,049 | 595.86 |
Other Unusual Items | -7.81 | 3.01 | 3.25 | 1.77 | - | -0.8 |
Pretax Income | 194.99 | 450.71 | -533.26 | -101.22 | 1,513 | 930.01 |
Income Tax Expense | 30.82 | 39.44 | -76.48 | -10.03 | 81.18 | 28.56 |
Earnings From Continuing Operations | 164.17 | 411.27 | -456.78 | -91.19 | 1,431 | 901.45 |
Minority Interest in Earnings | -104.34 | -118.53 | 45.21 | 104.82 | -38.65 | 24.48 |
Net Income | 59.83 | 292.74 | -411.57 | 13.64 | 1,393 | 925.93 |
Net Income to Common | 59.83 | 292.74 | -411.57 | 13.64 | 1,393 | 925.93 |
Net Income Growth | -82.94% | - | - | -99.02% | 50.42% | -22.55% |
Basic Shares Outstanding | 162 | 169 | 170 | 174 | 174 | 171 |
Diluted Shares Outstanding | 163 | 169 | 170 | 175 | 174 | 172 |
Shares Change (YoY) | -4.22% | -0.56% | -2.69% | 0.45% | 1.37% | 7.91% |
EPS (Basic) | 0.37 | 1.74 | -2.43 | 0.08 | 8.03 | 5.41 |
EPS (Diluted) | 0.37 | 1.73 | -2.43 | 0.08 | 8.00 | 5.39 |
EPS Growth | -82.19% | - | - | -99.02% | 48.39% | -28.22% |
Dividend Per Share | 1.533 | 1.471 | 1.450 | 1.450 | 1.409 | 1.380 |
Dividend Growth | 5.08% | 1.44% | - | 2.91% | 2.10% | 0.58% |
Operating Margin | 59.20% | 60.43% | 59.48% | 58.66% | 57.36% | 59.24% |
Profit Margin | 5.77% | 26.31% | -38.63% | 1.35% | 149.26% | 104.90% |
EBITDA | 619.81 | 678.76 | 639.8 | 598.34 | 543.49 | 529.91 |
EBITDA Margin | 59.80% | 61.00% | 60.06% | 59.40% | 58.24% | 60.04% |
D&A For Ebitda | 6.25 | 6.36 | 6.21 | 7.46 | 8.23 | 7.03 |
EBIT | 613.56 | 672.4 | 633.59 | 590.88 | 535.27 | 522.88 |
EBIT Margin | 59.20% | 60.43% | 59.48% | 58.66% | 57.36% | 59.24% |
Funds From Operations (FFO) | 411.18 | 428.64 | 407.66 | 406.98 | 392.42 | 386.39 |
FFO Per Share | 2.53 | 2.53 | 2.40 | 2.33 | 2.25 | 2.25 |
Adjusted Funds From Operations (AFFO) | - | 428.64 | 407.66 | 406.98 | 392.42 | 386.39 |
AFFO Per Share | - | 2.53 | 2.40 | 2.33 | - | - |
FFO Payout Ratio | 59.11% | 56.55% | 58.00% | 51.72% | 45.30% | 46.37% |
Effective Tax Rate | 15.81% | 8.75% | - | - | 5.37% | 3.07% |
Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.