Morguard Real Estate Investment Trust (TSX:MRT.UN)
Canada · Delayed Price · Currency is CAD 7.00
-0.03 (-0.43%)
Sep 4, 2026, 1:02 PM EST
TSX:MRT.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 |
Rental Revenue | 239.37 | 239.34 | 259.17 | 255.08 | 242.63 | 241.44 |
Other Revenue | 2.3 | 2.14 | 1.77 | 1.77 | 2.11 | 2.08 |
| 241.67 | 241.47 | 260.95 | 256.84 | 244.73 | 243.52 | |
Revenue Growth (YoY | -3.82% | -7.46% | 1.60% | 4.95% | 0.50% | -5.24% |
Property Expenses | 126.25 | 127.52 | 130.71 | 129.1 | 120.43 | 119.31 |
Selling, General & Administrative | 3.97 | 3.9 | 3.75 | 3.84 | 3.74 | 3.85 |
Total Operating Expenses | 130.29 | 131.49 | 134.54 | 133.02 | 124.25 | 123.24 |
Operating Income | 111.38 | 109.98 | 126.41 | 123.82 | 120.48 | 120.28 |
Interest Expense | -62.84 | -63.46 | -67.38 | -62.85 | -53.52 | -53.28 |
Interest & Investment Income | - | - | - | - | - | 0.02 |
Other Non-Operating Income | 0.07 | 0.09 | 0.02 | 0.01 | 1.05 | 1.99 |
EBT Excluding Unusual Items | 48.61 | 46.61 | 59.05 | 60.99 | 68.01 | 69.01 |
Gain (Loss) on Sale of Investments | -1.39 | -1.62 | -3.43 | -3.67 | -5.13 | -3.16 |
Asset Writedown | -42.39 | -61.56 | -114.45 | -131.77 | -148.98 | -60.97 |
Pretax Income | 4.83 | -16.56 | -58.82 | -74.45 | -86.1 | 4.89 |
Net Income | 4.83 | -16.56 | -58.82 | -74.45 | -86.1 | 4.89 |
Net Income to Common | 4.83 | -16.56 | -58.82 | -74.45 | -86.1 | 4.89 |
Net Income Growth | - | - | - | - | - | - |
Basic Shares Outstanding | 66 | 65 | 64 | 64 | 64 | 64 |
Diluted Shares Outstanding | 66 | 65 | 64 | 64 | 64 | 64 |
Shares Change | 2.78% | 1.40% | 0.05% | 0.10% | 0.07% | 3.27% |
EPS (Basic) | 0.07 | -0.25 | -0.92 | -1.16 | -1.34 | 0.08 |
EPS (Diluted) | 0.07 | -0.25 | -0.92 | -1.16 | -1.34 | 0.08 |
EPS Growth | - | - | - | - | - | - |
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 |
Dividend Per Share | 0.240 | 0.240 | 0.240 | 0.240 | 0.240 | 0.260 |
Dividend Growth | 0% | 0% | 0% | 0% | -7.69% | -59.38% |
Operating Margin | 46.09% | 45.55% | 48.44% | 48.21% | 49.23% | 49.39% |
Profit Margin | 2.00% | -6.86% | -22.54% | -28.98% | -35.18% | 2.01% |
EBITDA | 111.45 | 110.05 | 126.49 | 123.9 | 120.56 | 120.36 |
EBITDA Margin | 46.12% | 45.57% | 48.47% | 48.24% | 49.26% | 49.43% |
D&A For Ebitda | 0.07 | 0.07 | 0.08 | 0.08 | 0.08 | 0.08 |
EBIT | 111.38 | 109.98 | 126.41 | 123.82 | 120.48 | 120.28 |
EBIT Margin | 46.09% | 45.55% | 48.44% | 48.21% | 49.23% | 49.39% |
Funds From Operations (FFO) | 48.52 | 46.52 | 58.97 | 60.9 | - | - |
FFO Per Share | 0.66 | 0.64 | 0.80 | 0.82 | - | - |
Adjusted Funds From Operations (AFFO) | - | 11.44 | 34.67 | 36.97 | - | - |
AFFO Per Share | 0.23 | 0.18 | 0.51 | 0.54 | - | - |
FFO Payout Ratio | 5.87% | 8.12% | 25.94% | 24.96% | - | - |