TSX:CAR.UN Income Statement

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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
Property Revenue	1,003	1,113	1,065	1,007	933.14
Revenue	1,003	1,113	1,065	1,007	933.14
Revenue Growth (YoY)	-9.83%	4.45%	5.76%	7.94%	5.72%
Property Expenses	250.42	281.43	276.12	262.95	235.45
Total Property Expenses	250.42	281.43	276.12	262.95	235.45
Property Taxes	99.23	100.66	96.41	93.91	87.7
Gross Profit	653.71	730.65	692.79	650.41	609.99
Selling, General & Admin	77.75	75.8	78.01	65.22	66.48
Depreciation & Amortization Expenses	-	-	-	-	8.25
Other Operating Expenses	42.59	28.53	13.91	-	-
Operating Income	533.38	626.32	600.87	585.19	535.27
Net Gains on Disposal of Properties	-	-	-	-	-0.24
Interest Expense	-193.25	-222.59	-214.05	-182.87	-160.46
Other Non-Operating Income (Expense)	-138.84	-82.42	-882.69	-398.72	1,099
Total Non-Operating Income (Expense)	-332.09	-305.01	-1,097	-581.59	938.71
Pretax Income	214.52	332.18	-488.05	3.6	1,474
Provision for Income Taxes	17.47	39.44	-76.48	-10.03	81.18
Net Income	197.05	292.74	-411.57	13.64	1,393
Net Income to Common	197.05	292.74	-411.57	13.64	1,393
Net Income Growth	-32.69%	-	-	-99.02%	50.42%
Shares Outstanding (Basic)	159	169	170	174	174
Shares Outstanding (Diluted)	160	169	170	174	174
Shares Change (YoY)	-5.45%	-0.56%	-2.44%	0.19%	1.70%
EPS (Basic)	1.24	1.74	-2.43	2.33	8.03
EPS (Diluted)	1.23	1.73	-2.42	2.33	8.00
EPS Growth	-28.80%	-	-	-70.91%	253.32%
Free Cash Flow	-149.39	66.4	65.72	-278	-592.42
Free Cash Flow Growth	-	1.03%	-	-	-
Free Cash Flow Per Share	-0.93	0.39	0.39	-1.59	-3.40
Dividends Per Share	1.546	1.471	1.450	1.450	1.409
Dividend Growth	5.09%	1.45%	-	2.91%	2.10%
Gross Margin	65.15%	65.66%	65.03%	64.57%	65.37%
Operating Margin	53.16%	56.29%	56.40%	58.10%	57.36%
Profit Margin	19.64%	26.31%	-38.63%	1.35%	149.26%
FCF Margin	-14.89%	5.97%	6.17%	-27.60%	-63.49%
EBITDA	533.38	626.32	600.87	585.19	560.51
EBITDA Margin	53.16%	56.29%	56.40%	58.10%	60.07%
EBIT	533.38	626.32	600.87	585.19	535.27
EBIT Margin	53.16%	56.29%	56.40%	58.10%	57.36%
Effective Tax Rate	8.15%	11.87%	15.67%	-278.49%	5.51%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Real Estate template. Financial Sources.