Granite Real Estate Investment Trust (TSX:GRT.UN)

TSX:GRT.UN Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Property, Plant & Equipment	9,606	9,482	9,401	8,811	8,763	7,893
Total Real Estate Assets	9,606	9,482	9,401	8,811	8,844	7,974
Cash & Equivalents	94.59	139.59	126.18	116.13	135.08	402.51
Accounts Receivable	9.14	8.78	18.35	12.17	12.18	10.77
Other Receivables	0.48	0.39	0.53	0.59	1.29	1.44
Investment In Debt and Equity Securities	4.57	8.23	57.38	100.2	151.86	62.77
Loans Receivable Current	-	-	-	-	69.19	-
Other Current Assets	76.41	92.38	12.95	13.77	55.86	71.81
Trading Asset Securities	0.05	-	-	9.04	-	-
Deferred Long-Term Tax Assets	0.73	0.65	0.67	0.64	0.63	4.45
Deferred Long-Term Charges	2.24	2.15	2.24	2.27	1.89	2.47
Other Long-Term Assets	0.17	0.21	0.26	0.28	8.78	36.83
Total Assets	9,794	9,734	9,620	9,066	9,280	8,567

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Current Portion of Long-Term Debt	845.7	403.91	-	244.13	458.16	-
Current Portion of Leases	1.07	1.08	0.95	0.77	0.75	0.51
Long-Term Debt	2,326	2,992	3,111	2,830	2,590	2,444
Long-Term Leases	33.24	33.64	33.44	32.42	32.98	31.65
Accounts Payable	4.74	17.66	13.54	11.4	11.2	7.98
Accrued Expenses	91.93	81.94	68.86	56.31	49.51	51.15
Current Income Taxes Payable	9.56	9.9	10.56	10.03	11.29	21.56
Current Unearned Revenue	22.85	26.03	18.69	17.81	17.36	12.1
Other Current Liabilities	40.77	48.93	34.43	44.05	71.05	71.08
Long-Term Deferred Tax Liabilities	632.61	601.19	591.9	535.55	557.39	604.67
Total Liabilities	4,008	4,216	3,883	3,783	3,800	3,245

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	3,216	3,147	3,292	3,331	3,348	3,444
Additional Paid-In Capital	-	-	-	5.25	11.6	53.33
Retained Earnings	1,975	1,921	1,787	1,635	1,702	1,749
Comprehensive Income & Other	584.6	441.17	649.33	306.42	413.53	71.95
Total Common Equity	5,775	5,509	5,728	5,277	5,475	5,319
Minority Interest	10.93	9.15	8.39	6.69	4.97	2.88
Shareholders' Equity	5,786	5,518	5,737	5,284	5,480	5,322
Total Liabilities & Equity	9,794	9,734	9,620	9,066	9,280	8,567

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	3,206	3,430	3,145	3,108	3,082	2,477
Net Cash (Debt)	-3,111	-3,291	-3,019	-2,982	-2,947	-2,074
Net Cash (Debt) Growth	-	-	-	-	-	-
Net Cash Per Share	-50.71	-54.30	-48.13	-47.07	-46.26	-31.57
Filing Date Shares Outstanding	62.08	60.6	62.72	63.36	63.71	65.69
Total Common Shares Outstanding	61.36	60.6	62.72	63.36	63.71	65.69
Book Value Per Share	94.13	90.91	91.32	83.29	85.94	80.96
Tangible Book Value	5,775	5,509	5,728	5,277	5,475	5,319
Tangible Book Value Per Share	94.13	90.91	91.32	83.29	85.94	80.96

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 6, 2026

Data Sources Report a data error