SmartCentres Real Estate Investment Trust (TSX:SRU.UN)
Canada · Delayed Price · Currency is CAD 27.91
-0.08 (-0.29%)
Aug 25, 2026, 4:00 PM EST
TSX:SRU.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 | 918.65 | 913.91 | 918.36 | 834.58 | 804.6 | 780.8 |
Other Revenue | 24.8 | 7.72 | 20.59 | 75.17 | 4.2 | 211.42 |
| 955.78 | 935 | 953.05 | 929.4 | 826.83 | 1,005 | |
Revenue Growth (YoY | 0.94% | -1.89% | 2.54% | 12.40% | -17.69% | 17.02% |
Property Expenses | 356.12 | 350.87 | 370.85 | 321.02 | 301.99 | 294.96 |
Selling, General & Administrative | 43.41 | 40.61 | 37.67 | 36.37 | 33.27 | 31.92 |
Total Operating Expenses | 399.53 | 391.48 | 408.52 | 357.39 | 323.86 | 343.14 |
Operating Income | 556.25 | 543.51 | 544.53 | 572.01 | 502.97 | 661.41 |
Interest Expense | -194.1 | -189.11 | -183.1 | -163.74 | -106.67 | -143.64 |
Other Non-Operating Income | -43.59 | -5.41 | 0.44 | 10.34 | 37.81 | -18.87 |
EBT Excluding Unusual Items | 318.56 | 348.99 | 361.86 | 418.61 | 434.11 | 498.91 |
Merger & Restructuring Charges | - | - | - | - | -0.3 | -2.79 |
Gain (Loss) on Sale of Assets | 1.05 | 1.05 | -0.12 | 0.04 | 0.32 | 0.03 |
Asset Writedown | -125.55 | -39.29 | -69.67 | 91.45 | 201.83 | 491.53 |
Pretax Income | 194.07 | 310.76 | 292.07 | 510.1 | 635.97 | 987.68 |
Earnings From Continuing Operations | 194.07 | 310.76 | 292.07 | 510.1 | 635.97 | 987.68 |
Minority Interest in Earnings | -36.92 | -58.94 | -55.32 | -96.4 | -119.92 | -159.7 |
Net Income | 157.15 | 251.82 | 236.76 | 413.7 | 516.05 | 827.98 |
Net Income to Common | 157.15 | 251.82 | 236.76 | 413.7 | 516.05 | 827.98 |
Net Income Growth | -31.71% | 6.36% | -42.77% | -19.83% | -37.67% | 999.75% |
Basic Shares Outstanding | 145 | 145 | 145 | 145 | 145 | 145 |
Diluted Shares Outstanding | 145 | 145 | 145 | 145 | 145 | 145 |
Shares Change | 0.01% | 0.00% | 0.04% | - | - | 0.01% |
EPS (Basic) | 1.09 | 1.74 | 1.64 | 2.86 | 3.57 | 5.72 |
EPS (Diluted) | 1.09 | 1.74 | 1.64 | 2.86 | 3.57 | 5.72 |
EPS Growth | -31.72% | 6.36% | -42.80% | -19.83% | -37.67% | 999.70% |
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 | 1.850 | 1.850 | 1.850 | 1.850 | 1.850 | 1.850 |
Dividend Growth | -0.00% | 0% | 0.00% | -0.00% | 0% | 0% |
Operating Margin | 58.20% | 58.13% | 57.14% | 61.55% | 60.83% | 65.84% |
Profit Margin | 16.44% | 26.93% | 24.84% | 44.51% | 62.41% | 82.42% |
EBITDA | 563.89 | 549.76 | 551.89 | 582.65 | 513.28 | 673.88 |
EBITDA Margin | 59.00% | 58.80% | 57.91% | 62.69% | 62.08% | 67.08% |
D&A For Ebitda | 7.64 | 6.24 | 7.36 | 10.64 | 10.31 | 12.46 |
EBIT | 556.25 | 543.51 | 544.53 | 572.01 | 502.97 | 661.41 |
EBIT Margin | 58.20% | 58.13% | 57.14% | 61.55% | 60.83% | 65.84% |
Funds From Operations (FFO) | 410.39 | 413.84 | 402.56 | 400.97 | 371.57 | 380.07 |
FFO Per Share | 2.25 | 2.27 | 2.23 | 2.23 | 2.07 | 2.19 |
Adjusted Funds From Operations (AFFO) | - | 369.99 | 359.4 | 354.42 | 334.34 | 380.07 |
AFFO Per Share | - | 2.03 | 1.99 | 1.97 | 1.86 | 2.19 |
FFO Payout Ratio | 65.23% | 64.68% | 66.48% | 66.73% | 72.01% | 70.40% |