Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN)
35.01
+0.78 (2.28%)
At close: Jun 5, 2026
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 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 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 |
Property Revenue | 997.95 | 1,003 | 1,113 | 1,065 | 1,007 | 933.14 |
| 997.95 | 1,003 | 1,113 | 1,065 | 1,007 | 933.14 | |
Revenue Growth (YoY) | -8.46% | -9.83% | 4.45% | 5.76% | 7.94% | 5.72% |
Property Expenses | 247.16 | 250.42 | 281.43 | 276.12 | 262.95 | 235.45 |
Total Property Expenses | 247.16 | 250.42 | 281.43 | 276.12 | 262.95 | 235.45 |
Property Taxes | 100.07 | 99.23 | 100.66 | 96.41 | 93.91 | 87.7 |
Gross Profit | 650.73 | 653.71 | 730.65 | 692.79 | 650.41 | 609.99 |
Selling, General & Admin | 71.67 | 77.75 | 75.8 | 78.01 | 65.22 | 66.48 |
Depreciation & Amortization Expenses | - | - | - | - | - | 8.25 |
Other Operating Expenses | 41.08 | 42.59 | 28.53 | 13.91 | - | - |
Operating Income | 537.97 | 533.38 | 626.32 | 600.87 | 585.19 | 535.27 |
Net Gains on Disposal of Properties | - | - | - | - | - | -0.24 |
Interest Expense | -196.4 | -193.25 | -222.59 | -214.05 | -182.87 | -160.46 |
Other Non-Operating Income (Expense) | -339.39 | -138.84 | -82.42 | -882.69 | -398.72 | 1,099 |
Total Non-Operating Income (Expense) | -535.78 | -332.09 | -305.01 | -1,097 | -581.59 | 938.71 |
Pretax Income | 12.12 | 214.52 | 332.18 | -488.05 | 3.6 | 1,474 |
Provision for Income Taxes | 5.5 | 17.47 | 39.44 | -76.48 | -10.03 | 81.18 |
Net Income | 6.61 | 197.05 | 292.74 | -411.57 | 13.64 | 1,393 |
Net Income to Common | 6.61 | 197.05 | 292.74 | -411.57 | 13.64 | 1,393 |
Net Income Growth | -94.42% | -32.69% | - | - | -99.02% | 50.42% |
Shares Outstanding (Basic) | 157 | 159 | 169 | 170 | 174 | 174 |
Shares Outstanding (Diluted) | 158 | 160 | 169 | 170 | 174 | 174 |
Shares Change (YoY) | -5.86% | -5.45% | -0.56% | -2.44% | 0.19% | 1.70% |
EPS (Basic) | 0.04 | 1.24 | 1.74 | -2.43 | 2.33 | 8.03 |
EPS (Diluted) | 0.04 | 1.23 | 1.73 | -2.42 | 2.33 | 8.00 |
EPS Growth | -94.08% | -28.80% | - | - | -70.91% | 253.32% |
Shares Outstanding | 153.22 | 153.88 | 160.55 | 169.26 | 171.6 | 1.68 |
Free Cash Flow | -55.57 | -149.39 | 66.4 | 65.72 | -278 | -592.42 |
Free Cash Flow Growth | - | - | 1.03% | - | - | - |
Free Cash Flow Per Share | -0.35 | -0.93 | 0.39 | 0.39 | -1.59 | -3.40 |
Dividends Per Share | 1.551 | 1.546 | 1.471 | 1.450 | 1.450 | 1.409 |
Dividend Growth | 0.32% | 5.09% | 1.45% | - | 2.91% | 2.10% |
Gross Margin | 65.21% | 65.15% | 65.66% | 65.03% | 64.57% | 65.37% |
Operating Margin | 53.91% | 53.16% | 56.29% | 56.40% | 58.10% | 57.36% |
Profit Margin | 0.66% | 19.64% | 26.31% | -38.63% | 1.35% | 149.26% |
FCF Margin | -5.57% | -14.89% | 5.97% | 6.17% | -27.60% | -63.49% |
EBITDA | 537.97 | 533.38 | 626.32 | 600.87 | 585.19 | 560.51 |
EBITDA Margin | 53.91% | 53.16% | 56.29% | 56.40% | 58.10% | 60.07% |
EBIT | 537.97 | 533.38 | 626.32 | 600.87 | 585.19 | 535.27 |
EBIT Margin | 53.91% | 53.16% | 56.29% | 56.40% | 58.10% | 57.36% |
Effective Tax Rate | 45.42% | 8.15% | 11.87% | 15.67% | -278.49% | 5.51% |