Granite Real Estate Investment Trust (TSX: GRT.UN)
Canada
· Delayed Price · Currency is CAD 74.32
+0.10 (0.13%)
Jul 19, 2024, 4:00 PM EDT
GRT.UN Income Statement
Financials in millions CAD. Fiscal year is January - December.
Millions CAD. Fiscal year is Jan - Dec.
Year Ending | TTM | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | 2018 - 2014 |
|---|---|---|---|---|---|---|---|
| Rental Revenue | 530.59 | 521.25 | 455.58 | 393.49 | 340.2 | 272.82 | Upgrade
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| Total Revenue | 530.59 | 521.25 | 455.58 | 393.49 | 340.2 | 272.82 | Upgrade
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| Revenue Growth (YoY | 11.33% | 14.41% | 15.78% | 15.66% | 24.70% | 10.68% | Upgrade
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| Property Expenses | 88.28 | 86.01 | 75.22 | 60.81 | 47.16 | 35.36 | Upgrade
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| Selling, General & Administrative | 35.2 | 40.45 | 28.6 | 37.77 | 32 | 30.97 | Upgrade
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| Depreciation & Amortization | 1.24 | 1.27 | 1.6 | 1.32 | 1.15 | 0.91 | Upgrade
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| Other Operating Expenses | 1 | 1 | 0.87 | 0.63 | - | 0.45 | Upgrade
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| Total Operating Expenses | 125.72 | 128.72 | 106.28 | 100.53 | 80.32 | 67.69 | Upgrade
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| Operating Income | 404.87 | 392.53 | 349.3 | 292.96 | 259.88 | 205.13 | Upgrade
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| Interest Expense | -102.79 | -99.09 | -37.16 | -41.85 | -41.78 | -27.99 | Upgrade
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| Net Interest Expense | -94.99 | -91.38 | -35.53 | -38.74 | -39.4 | -18.38 | Upgrade
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| EBT Excluding Unusual Items | 310.5 | 303.19 | 312.55 | 256.7 | 226.68 | 181.69 | Upgrade
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| Gain (Loss) on Sale of Assets | -0.9 | -1.51 | -0.67 | -0.76 | -0.9 | -3.05 | Upgrade
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| Other Unusual Items | - | - | - | -3.96 | -0.2 | 0.86 | Upgrade
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| Pretax Income | 222.45 | 129.01 | 92.16 | 1,551 | 499.02 | 424.94 | Upgrade
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| Income Tax Expense | 6.77 | -9.49 | -63.67 | 240.57 | 69.09 | 42.67 | Upgrade
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| Earnings From Continuing Operations | 215.68 | 138.5 | 155.82 | 1,310 | 429.93 | 382.28 | Upgrade
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| Net Income to Company | 215.68 | 138.5 | 155.82 | 1,310 | 429.93 | 382.28 | Upgrade
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| Minority Interest | 0.33 | -1.83 | -0.05 | -0.34 | -0.12 | -0.2 | Upgrade
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| Net Income to Common Shareholders | 216.01 | 136.66 | 155.77 | 1,310 | 429.8 | 382.08 | Upgrade
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| Net Income Growth | - | -12.27% | -88.11% | 204.78% | 12.49% | -17.86% | Upgrade
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| Basic Shares Outstanding | 63 | 63 | 64 | 66 | 62 | 54 | Upgrade
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| Diluted Shares Outstanding | 63 | 63 | 64 | 66 | 62 | 54 | Upgrade
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| Shares Change (YoY) | -0.56% | -0.55% | -3.02% | 6.49% | 14.13% | 18.31% | Upgrade
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| EPS (Basic) | 3.41 | 2.16 | 2.45 | 19.94 | 6.97 | 7.07 | Upgrade
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| EPS (Diluted) | 3.41 | 2.16 | 2.45 | 19.94 | 6.97 | 7.07 | Upgrade
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| EPS Growth | - | -11.78% | -87.74% | 186.19% | -1.43% | -30.57% | Upgrade
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| Dividend Per Share | 3.234 | 3.209 | 3.123 | 3.008 | 2.920 | 2.800 | Upgrade
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| Dividend Growth | 2.72% | 2.74% | 3.82% | 3.01% | 4.29% | 2.56% | Upgrade
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| Payout Ratio | 95.00% | 149.21% | 129.86% | 14.59% | 37.94% | 35.83% | Upgrade
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| EBITDA | 406.11 | 393.8 | 350.89 | 294.28 | 261.03 | 206.04 | Upgrade
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| EBITDA Margin | 76.54% | 75.55% | 77.02% | 74.79% | 76.73% | 75.52% | Upgrade
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| D&A For Ebitda | 1.24 | 1.27 | 1.6 | 1.32 | 1.15 | 0.91 | Upgrade
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| EBIT | 404.87 | 392.53 | 349.3 | 292.96 | 259.88 | 205.13 | Upgrade
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| EBIT Margin | 76.31% | 75.30% | 76.67% | 74.45% | 76.39% | 75.19% | Upgrade
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| Funds From Operations (FFO) | 320.4 | 317.6 | 289.3 | 251.3 | 225.4 | 177.5 | Upgrade
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| FFO Per Share | 5.02 | 4.97 | 4.43 | 3.93 | 3.98 | 3.62 | Upgrade
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| Adjusted Funds From Operations (AFFO) | - | 287.4 | 264.2 | 235.2 | 215.7 | 172.7 | Upgrade
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| AFFO Per Share | - | 4.50 | 4.05 | 3.68 | 3.81 | 3.52 | Upgrade
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| Effective Tax Rate | 3.04% | - | - | 15.51% | 13.85% | 10.04% | Upgrade
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| Revenue as Reported | - | - | - | - | - | 273.68 | Upgrade
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Source: S&P Capital IQ. Real Estate template.