Morguard North American Residential Real Estate Investment Trust (TSX:MRG.UN)

TSX:MRG.UN Revenue

Morguard North American Residential Real Estate Investment Trust had revenue of 88.89M CAD in the quarter ending September 30, 2026, with 1.40% growth. This brings the company's total for the last twelve months to 350.74M, down -1.02% year-over-year. In the year 2025, Morguard North American Residential Real Estate Investment Trust had annual revenue of 354.65M with 3.04% growth. That makes Morguard North American Residential Real Estate Investment Trust the 15,841st largest company in the world by revenue and 324th in Canada.

• Revenue (ttm): 350.74M
• Revenue Growth: -1.02%
• P/S Ratio: 1.46
• Revenue / Employee: 274.59K
• Employees: 1,300
• Market Cap: 520.01M

Revenue Chart

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Revenue by Geography

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• United States 240.99M 68.0%
• Canada 113.66M 32.0%

Fiscal year ended Dec 31, 2025 See the full TSX:MRG.UN breakdown

Revenue History

Fiscal Year End	Revenue	Change	Growth
Dec 31, 2025	354.65M	10.46M	3.04%
Dec 31, 2024	344.19M	12.57M	3.79%
Dec 31, 2023	331.62M	53.13M	19.08%
Dec 31, 2022	278.49M	32.93M	13.41%
Dec 31, 2021	245.57M	-3.12M	-1.25%
Dec 31, 2020	248.68M	3.09M	1.26%
Dec 31, 2019	245.60M	4.23M	1.75%
Dec 31, 2018	241.37M	14.87M	6.57%
Dec 31, 2017	226.50M	8.02M	3.67%
Dec 31, 2016	218.47M	20.03M	10.09%
Dec 31, 2015	198.44M	23.63M	13.52%
Dec 31, 2014	174.82M	31.88M	22.30%
Dec 31, 2013	142.94M	62.65M	78.02%
Dec 31, 2012	80.29M	8.37M	11.64%
Dec 31, 2011	71.92M	-32.69M	-31.25%
Dec 31, 2010	104.61M	-	-

Data Sources: Fiscal.ai and S&P Global Market Intelligence Last updated: Oct 27, 2026

Revenue data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company. Revenue geography data is provided by S&P Global Market Intelligence.

Update frequency:

Quarterly

Last checked:

Nov 12, 2026

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