Morguard North American Residential Real Estate Investment Trust (TSX:MRG.UN)
Canada · Delayed Price · Currency is CAD 14.91
+0.09 (0.61%)
Nov 13, 2026, 4:00 PM EST
TSX:MRG.UN Cash Flow Statement
Financials in millions CAD. Fiscal year is January - December.
Millions CAD. Fiscal year is Jan - Dec.
Operating Activities
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 |
Net Income | 112.86 | 102.97 | 101.86 | 176.34 | 219.28 | 242.09 |
Other Amortization | 7.09 | 5.66 | 4.83 | 4.64 | 4.72 | 4.35 |
Asset Writedown | 0.85 | -37.83 | -60.37 | -81 | -208.25 | -288.66 |
Income (Loss) on Equity Investments | -4.5 | -5.26 | -12.38 | -1.99 | -2.03 | -2.41 |
Change in Accounts Receivable | 0.06 | 1.56 | -2.49 | 2.69 | -3.81 | -1.56 |
Change in Accounts Payable | -10.15 | -0.75 | 5.36 | 0.56 | 4.36 | 5.72 |
Change in Other Net Operating Assets | -7.25 | -0.7 | 0.78 | -1.24 | -0.89 | 2.58 |
Other Operating Activities | -36.75 | 22.12 | 48.56 | -11.03 | 61.79 | 101.58 |
Operating Cash Flow | 62.2 | 87.76 | 86.14 | 88.97 | 75.17 | 63.7 |
Operating Cash Flow Growth | -32.99% | 1.88% | -3.17% | 18.35% | 18.02% | 27.07% |
Investing Activities
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 |
Acquisition of Real Estate Assets | -72.38 | -71.3 | -48.04 | -209.01 | -261.92 | -30.01 |
Sale of Real Estate Assets | - | - | - | - | 250.86 | - |
Net Sale / Acq. of Real Estate Assets | -72.38 | -71.3 | -48.04 | -209.01 | -11.06 | -30.01 |
Investment in Marketable & Equity Securities | - | - | - | - | - | -1.29 |
Investing Cash Flow | -72.38 | -71.3 | -48.04 | -209.01 | -11.06 | -31.3 |
Financing Activities
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 |
Long-Term Debt Issued | - | 245.54 | 318.97 | 240.9 | 212.63 | 194.21 |
Total Debt Issued | 269.05 | 245.54 | 318.97 | 240.9 | 212.63 | 194.21 |
Long-Term Debt Repaid | - | -217.74 | -172.84 | -224.8 | -175.89 | -113.69 |
Lease Payments | -0.05 | -0.04 | -0.04 | -0.03 | -0.01 | - |
Total Debt Repaid | -201.13 | -217.74 | -172.84 | -224.8 | -175.89 | -113.69 |
Net Debt Issued (Repaid) | 67.92 | 27.8 | 146.13 | 16.1 | 36.74 | 80.52 |
Repurchase of Common Stock | -2.91 | -24.34 | -26.29 | -23.53 | - | - |
Common Dividends Paid | -26.63 | -26.32 | -26.81 | -26.95 | -26.67 | -26.56 |
Other Financing Activities | 64.48 | 72 | -99.77 | 155.22 | -88.96 | -87.01 |
Net Cash Flow
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 |
Foreign Exchange Rate Adjustments | 1.9 | -2.23 | 2.08 | 2.4 | 2.84 | -0.09 |
Net Cash Flow | 94.58 | 63.38 | 33.43 | 3.19 | -11.93 | -0.74 |
Free Cash Flow
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 |
Levered Free Cash Flow | 107.16 | 126.19 | -16.66 | 222.95 | -36.28 | -28.42 |
Unlevered Free Cash Flow | 161.14 | 178.7 | 30.89 | 265.84 | 0.07 | 9.59 |
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 |
Cash Interest Paid | 75.02 | 72.31 | 64.24 | 58.36 | 49.01 | 44.94 |
Change in Working Capital | -17.34 | 0.11 | 3.65 | 2.01 | -0.34 | 6.74 |