Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN)
Canada · Delayed Price · Currency is CAD 31.06
-0.42 (-1.33%)
Nov 9, 2026, 4:00 PM 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 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 | 984.24 | 1,003 | 1,113 | 1,065 | 1,007 | 933.14 |
| 984.24 | 1,003 | 1,113 | 1,065 | 1,007 | 933.14 | |
Revenue Growth (YoY | -5.04% | -9.83% | 4.45% | 5.76% | 7.94% | 5.72% |
Property Expenses | 344.76 | 349.65 | 382.09 | 372.53 | 356.86 | 323.14 |
Selling, General & Administrative | 40.58 | 47.02 | 51.95 | 51.38 | 52.27 | 51.37 |
Depreciation & Amortization | - | - | - | - | - | 8.25 |
Total Operating Expenses | 399.68 | 406.2 | 440.35 | 431.73 | 416.39 | 397.87 |
Operating Income | 584.56 | 597.17 | 672.4 | 633.59 | 590.88 | 535.27 |
Interest Expense | -197.67 | -187.11 | -212.51 | -201.77 | -182.87 | -150.42 |
Interest & Investment Income | 12.8 | 13.9 | 6.97 | 12.61 | 12.09 | 2.27 |
Income (Loss) on Equity Investments | - | - | - | - | 0.65 | 18.46 |
Currency Exchange Gain (Loss) | -2.79 | -4.03 | -26.78 | 4.16 | -21 | -6.1 |
Other Non-Operating Income | -19.29 | -68.59 | -44.19 | -59.52 | -13.37 | 50.56 |
EBT Excluding Unusual Items | 377.61 | 351.33 | 395.88 | 389.07 | 386.38 | 450.04 |
Impairment of Goodwill | - | - | - | - | -14.28 | - |
Gain (Loss) on Sale of Investments | - | - | - | - | - | 14.09 |
Gain (Loss) on Sale of Assets | - | - | - | - | -1.07 | -0.24 |
Asset Writedown | -680.34 | -84.69 | 58.49 | -914.59 | -468.33 | 1,049 |
Other Unusual Items | -0.48 | -4.49 | 3.01 | 3.25 | 1.77 | - |
Pretax Income | -317.28 | 254.18 | 450.71 | -533.26 | -101.22 | 1,513 |
Income Tax Expense | 3.9 | 17.47 | 39.44 | -76.48 | -10.03 | 81.18 |
Earnings From Continuing Operations | -321.18 | 236.71 | 411.27 | -456.78 | -91.19 | 1,431 |
Minority Interest in Earnings | -10.78 | -39.66 | -118.53 | 45.21 | 104.82 | -38.65 |
Net Income | -331.96 | 197.05 | 292.74 | -411.57 | 13.64 | 1,393 |
Net Income to Common | -331.96 | 197.05 | 292.74 | -411.57 | 13.64 | 1,393 |
Net Income Growth | - | -32.69% | - | - | -99.02% | 50.42% |
Basic Shares Outstanding | 155 | 159 | 169 | 170 | 174 | 174 |
Diluted Shares Outstanding | 155 | 160 | 169 | 170 | 175 | 174 |
Shares Change | -4.59% | -5.45% | -0.56% | -2.69% | 0.45% | 1.37% |
EPS (Basic) | -2.14 | 1.24 | 1.74 | -2.43 | 0.08 | 8.03 |
EPS (Diluted) | -2.14 | 1.23 | 1.73 | -2.43 | 0.08 | 8.00 |
EPS Growth | - | -28.80% | - | - | -99.02% | 48.39% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 | 1.551 | 1.546 | 1.471 | 1.450 | 1.450 | 1.409 |
Dividend Growth | 1.16% | 5.09% | 1.45% | 0% | 2.91% | 2.10% |
Operating Margin | 59.39% | 59.52% | 60.43% | 59.48% | 58.66% | 57.36% |
Profit Margin | -33.73% | 19.64% | 26.31% | -38.63% | 1.35% | 149.26% |
EBITDA | 590.3 | 603.58 | 678.76 | 639.8 | 598.34 | 543.49 |
EBITDA Margin | 59.98% | 60.16% | 61.00% | 60.06% | 59.40% | 58.24% |
D&A For Ebitda | 5.74 | 6.41 | 6.36 | 6.21 | 7.46 | 8.23 |
EBIT | 584.56 | 597.17 | 672.4 | 633.59 | 590.88 | 535.27 |
EBIT Margin | 59.39% | 59.52% | 60.43% | 59.48% | 58.66% | 57.36% |
Funds From Operations (FFO) | 394.53 | 406.39 | 428.64 | 407.66 | 406.98 | 392.42 |
FFO Per Share | 2.53 | 2.54 | 2.53 | 2.40 | 2.33 | 2.25 |
Adjusted Funds From Operations (AFFO) | - | 406.39 | 428.64 | 407.66 | 406.98 | 392.42 |
AFFO Per Share | - | 2.54 | 2.53 | 2.40 | 2.33 | - |
FFO Payout Ratio | 59.84% | 59.36% | 56.55% | 58.00% | 51.72% | 45.30% |
Effective Tax Rate | - | 6.87% | 8.75% | - | - | 5.37% |