Granite Real Estate Investment Trust (TSX:GRT.UN)
Canada · Delayed Price · Currency is CAD 98.16
+0.50 (0.51%)
Jul 27, 2026, 4:00 PM EST
TSX:GRT.UN Financials Overview
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 |
Revenue Revenue Growth | 629.87 | 618.7 | 569.14 | 521.25 | 455.58 | 393.49 |
Revenue Growth | 7.70% | 8.71% | 9.19% | 14.41% | 15.78% | 15.66% |
Gross Profit Gross Profit Growth | 518.08 | 509.46 | 471.99 | 435.24 | 380.36 | 332.68 |
Operating Income Operating Income Growth | 467.84 | 462.42 | 431.79 | 392.53 | 349.3 | 292.96 |
Net Income Net Income Growth | 390.33 | 342.81 | 361.88 | 138.5 | 155.82 | 1,310 |
Earnings Per Share EPS Growth | 6.44 | 5.66 | 5.44 | 4.97 | 4.43 | 3.93 |
EPS Growth | 27.93% | 3.98% | 9.46% | 12.19% | 12.72% | -48.17% |
| 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 |
Base Rent Base Rent Growth | 513.94 | 505.96 | 466.3 | 427.35 | 376.3 | 331.4 |
Straight-Line Rent Amortization Straight-Line Rent Amortization Growth | 10.14 | 9.04 | 11.84 | 16.69 | 10.6 | 8.89 |
Tenant Incentive Amortization Tenant Incentive Amortization Growth | - | - | -0.05 | -4.4 | -4.15 | -5.11 |
Property Tax Recoveries Property Tax Recoveries Growth | 66.61 | 63.73 | 57.75 | 52.86 | 48.15 | 38.9 |
Property Insurance Recoveries Property Insurance Recoveries Growth | 7.24 | 6.64 | 7.34 | 6.39 | 4.95 | 3.29 |
Operating Cost Recoveries Operating Cost Recoveries Growth | 31.94 | 32.51 | 25.47 | 22.36 | 19.74 | 16.11 |
Revenue (Total) Revenue (Total) Growth | 629.87 | 618.7 | 569.14 | 521.25 | 455.58 | 393.49 |
| Fiscal Year | Current | 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 |
Cash & Investments Cash & Investments Growth | 94.22 | 139.59 | 126.18 | 116.13 | 135.08 | 402.51 |
Total Debt Total Debt Growth | 3,108 | 3,311 | 3,113 | 3,099 | 3,069 | 2,458 |
Net Cash (Debt) Net Cash Growth | -3,014 | -3,172 | -2,987 | -2,983 | -2,934 | -2,055 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share Net Cash Per Share Growth | -49.73 | -52.34 | -47.26 | -46.68 | -44.93 | -32.12 |
| 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 |
Operating Cash Flow Operating Cash Flow Growth | 376.73 | 388.08 | 338.61 | 313.18 | 277.5 | 262.26 |
Capital Expenditures CapEx Growth | -33.45 | -28.73 | -51.2 | -131.24 | -267.99 | -99.76 |
Free Cash Flow Free Cash Flow Growth | 343.28 | 359.36 | 287.41 | 181.94 | 9.51 | 162.5 |
Free Cash Flow Growth | 7.68% | 25.03% | 57.97% | 1812.93% | -94.15% | -11.68% |
| 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 |
Gross Margin | 82.25% | 82.34% | 82.93% | 83.50% | 83.49% | 84.55% |
Operating Margin | 74.28% | 74.74% | 75.87% | 75.30% | 76.67% | 74.45% |
Pretax Margin | 67.20% | 58.40% | 69.01% | 24.75% | 20.23% | 394.13% |
Profit Margin | 71.84% | 61.39% | 74.43% | 22.93% | 34.20% | 455.26% |
FCF Margin | 54.50% | 58.08% | 50.50% | 34.90% | 2.09% | 41.30% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jul '26 Jul 28, 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 Dividend Per Share Growth | 3.550 | 3.412 | 3.320 | 3.209 | 3.123 | 3.008 |
Dividend Per Share Growth | 0% | 2.77% | 3.47% | 2.74% | 3.82% | 3.01% |
Dividend Yield | 3.63% | 4.20% | 4.73% | 4.20% | 4.49% | 2.83% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jul '26 Jul 28, 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 |
PE Ratio | 15.27 | 14.44 | 12.82 | 15.35 | 15.59 | 26.82 |
P/FCF Ratio | 16.18 | 13.78 | 15.22 | 26.56 | 462.72 | 42.61 |
PS Ratio | 9.68 | 8.00 | 7.69 | 9.27 | 9.66 | 17.60 |