Morguard North American Residential Real Estate Investment Trust (TSX:MRG.UN)
Canada · Delayed Price · Currency is CAD 16.25
+0.01 (0.06%)
Jul 31, 2026, 4:00 PM EST
TSX:MRG.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 | Jun '26 Jun 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 |
Property Revenue | 349.52 | 354.65 | 344.19 | 331.62 | 278.49 | 245.57 |
| 349.52 | 354.65 | 344.19 | 331.62 | 278.49 | 245.57 | |
Revenue Growth | -0.84% | 3.04% | 3.79% | 19.08% | 13.41% | -1.25% |
Property Expenses | 122.34 | 122.21 | 118.46 | 112.85 | 94.2 | 83.55 |
Total Property Expenses | 122.34 | 122.21 | 118.46 | 112.85 | 94.2 | 83.55 |
Property Taxes | 40.1 | 42.71 | 44.31 | 38.53 | 33.08 | 32.52 |
Gross Profit | 187.08 | 189.73 | 181.42 | 180.24 | 151.22 | 129.5 |
Selling, General & Admin | 22.46 | 23.24 | 22.18 | 21.98 | 19.36 | 14.39 |
Operating Income | 164.62 | 166.49 | 159.24 | 158.26 | 131.86 | 115.1 |
Interest Income | 6.57 | 7.61 | 15.12 | 5.38 | 3.82 | 2.69 |
Interest Expense | -92.7 | -91.92 | -83 | -75.19 | -63.68 | -65.72 |
Other Non-Operating Income (Expense) | 28.32 | 27.89 | 17.44 | 104.24 | 230.66 | 258.28 |
Total Non-Operating Income (Expense) | -57.8 | -56.42 | -50.45 | 34.43 | 170.81 | 195.25 |
Pretax Income | 117.18 | 122.38 | 112.68 | 193.36 | 309.9 | 310.49 |
Provision for Income Taxes | 9.71 | 10.84 | 13.28 | 8.08 | 70.34 | 65.52 |
Net Income | 107.48 | 111.54 | 99.4 | 185.28 | 239.56 | 244.97 |
Minority Interest in Earnings | 11.22 | 8.57 | -2.46 | 8.95 | 20.28 | 2.89 |
Net Income to Common | 96.26 | 102.97 | 101.86 | 176.34 | 219.28 | 242.09 |
Net Income Growth | 1.27% | 1.09% | -42.24% | -19.59% | -9.42% | 38.16% |
Shares Outstanding (Basic) | 35 | 35 | 54 | 56 | 39 | 56 |
Shares Outstanding (Diluted) | 35 | 35 | 57 | 59 | 56 | 60 |
Shares Change | -37.29% | -38.40% | -3.07% | 3.89% | -6.92% | 0.07% |
EPS (Basic) | 2.75 | 2.95 | 1.87 | 3.17 | 5.61 | 4.30 |
EPS (Diluted) | 2.75 | 2.95 | 1.80 | 3.01 | 3.89 | 4.00 |
EPS Growth | 61.50% | 64.11% | -40.41% | -22.51% | -2.79% | 233.47% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 |
Free Cash Flow | 72.42 | 16.47 | 38.1 | -75.74 | -145.92 | 33.68 |
Free Cash Flow Growth | -17.79% | -56.79% | - | - | - | -23.75% |
Free Cash Flow Per Share | 2.07 | 0.47 | 0.67 | -1.29 | -2.59 | 0.56 |
Dividends Per Share | 0.780 | 0.765 | 0.743 | 0.723 | 0.703 | 0.700 |
Dividend Growth | 3.54% | 2.91% | 2.77% | 2.89% | 0.49% | 0% |
Gross Margin | 53.52% | 53.50% | 52.71% | 54.35% | 54.30% | 52.73% |
Operating Margin | 47.10% | 46.95% | 46.27% | 47.72% | 47.35% | 46.87% |
Profit Margin | 30.75% | 31.45% | 28.88% | 55.87% | 86.02% | 99.76% |
FCF Margin | 20.72% | 4.64% | 11.07% | -22.84% | -52.40% | 13.72% |
EBITDA | 164.62 | 166.49 | 159.24 | 158.26 | 131.86 | 115.1 |
EBIT | 164.62 | 166.49 | 159.24 | 158.26 | 131.86 | 115.1 |
EBIT Margin | 47.10% | 46.95% | 46.27% | 47.72% | 47.35% | 46.87% |
Effective Tax Rate | 8.28% | 8.86% | 11.79% | 4.18% | 22.70% | 21.10% |