Primaris Real Estate Investment Trust (TSX:PMZ.UN)
Canada · Delayed Price · Currency is CAD 21.76
-0.07 (-0.32%)
Aug 25, 2026, 4:00 PM EST
TSX:PMZ.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 | 698.64 | 648.47 | 501.93 | 410.97 | 380.06 | 247.89 |
| 698.64 | 648.47 | 501.93 | 410.97 | 380.06 | 247.89 | |
Revenue Growth (YoY | 23.94% | 29.20% | 22.13% | 8.13% | 53.32% | -8.27% |
Property Expenses | 302.83 | 280.74 | 212.57 | 177.35 | 168.28 | 106.29 |
Selling, General & Administrative | 44.68 | 40.61 | 35.76 | 31.01 | 27.83 | 13.27 |
Total Operating Expenses | 355.25 | 322.32 | 250.92 | 208.98 | 196.42 | 119.83 |
Operating Income | 343.39 | 326.15 | 251.01 | 201.99 | 183.65 | 128.06 |
Interest Expense | -143.35 | -134.58 | -99.17 | -59.46 | -33.71 | -19.28 |
Interest & Investment Income | 1.87 | 3.27 | 7.03 | 5.26 | 0.32 | 0.02 |
Other Non-Operating Income | -82 | 21.6 | -13.16 | -2.98 | 3.41 | -1.64 |
EBT Excluding Unusual Items | 119.91 | 216.43 | 145.7 | 144.82 | 153.66 | 107.16 |
Merger & Restructuring Charges | - | - | - | - | - | -4.71 |
Asset Writedown | 11.87 | -33.25 | -66.38 | -42.55 | -165.74 | 238.54 |
Other Unusual Items | -1.88 | - | 0.15 | - | - | - |
Pretax Income | 129.9 | 183.19 | 79.47 | 102.27 | -12.08 | 340.99 |
Net Income | 129.9 | 183.19 | 79.47 | 102.27 | -12.08 | 340.99 |
Net Income to Common | 129.9 | 183.19 | 79.47 | 102.27 | -12.08 | 340.99 |
Net Income Growth | 78.25% | 130.50% | -22.29% | - | - | - |
Basic Shares Outstanding | 134 | 126 | 107 | 99 | 100 | 102 |
Diluted Shares Outstanding | 135 | 127 | 108 | 100 | 100 | 102 |
Shares Change | 16.47% | 17.56% | 8.61% | -0.33% | -1.52% | - |
EPS (Basic) | 0.97 | 1.45 | 0.74 | 1.03 | -0.12 | 3.36 |
EPS (Diluted) | 0.86 | 1.33 | 0.71 | 0.96 | -0.12 | 3.36 |
EPS Growth | 41.30% | 86.80% | -26.14% | - | - | - |
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 | 0.872 | 0.862 | 0.842 | 0.822 | 0.802 | - |
Dividend Growth | 2.31% | 2.34% | 2.43% | 2.49% | - | - |
Operating Margin | 49.15% | 50.30% | 50.01% | 49.15% | 48.32% | 51.66% |
Profit Margin | 18.59% | 28.25% | 15.83% | 24.88% | -3.18% | 137.56% |
EBITDA | 344.35 | 327.25 | 252.28 | 203.51 | 184.79 | 128.32 |
EBITDA Margin | 49.29% | 50.47% | 50.26% | 49.52% | 48.62% | 51.77% |
D&A For Ebitda | 0.96 | 1.11 | 1.27 | 1.52 | 1.14 | 0.26 |
EBIT | 343.39 | 326.15 | 251.01 | 201.99 | 183.65 | 128.06 |
EBIT Margin | 49.15% | 50.30% | 50.01% | 49.15% | 48.32% | 51.66% |
Funds From Operations (FFO) | 249.5 | 235.03 | 183.07 | 158.33 | 158.94 | - |
FFO Per Share | 1.83 | 1.85 | 1.69 | 1.59 | 1.58 | - |
Adjusted Funds From Operations (AFFO) | - | 172.23 | 125.31 | 112.53 | 123.35 | - |
AFFO Per Share | - | 1.35 | 1.16 | 1.13 | 1.23 | - |
FFO Payout Ratio | 39.89% | 38.84% | 44.41% | 50.06% | 46.21% | - |