Granite Real Estate Investment Trust (GRP.U)
NYSE: GRP.U · Real-Time Price · USD
46.72
+0.98 (2.14%)
At close: May 9, 2025, 4:00 PM
46.72
0.00 (0.00%)
After-hours: May 9, 2025, 7:00 PM EDT
GRP.U Income Statement
Financials in millions CAD. Fiscal year is January - December.
Millions CAD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2015 - 2019 |
|---|---|---|---|---|---|---|---|
Period Ending | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2015 - 2019 |
| Rental Revenue | 583.55 | 568.64 | 521.25 | 455.58 | 393.49 | 340.2 | Upgrade
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| Total Revenue | 583.55 | 568.64 | 521.25 | 455.58 | 393.49 | 340.2 | Upgrade
|
| Revenue Growth (YoY | 9.98% | 9.09% | 14.41% | 15.78% | 15.66% | 24.70% | Upgrade
|
| Property Expenses | 101.73 | 97.15 | 86.01 | 75.22 | 60.81 | 47.16 | Upgrade
|
| Selling, General & Administrative | 34.45 | 35.44 | 41.29 | 29.47 | 37.77 | 32 | Upgrade
|
| Depreciation & Amortization | 1.31 | 1.29 | 1.27 | 1.6 | 1.32 | 1.15 | Upgrade
|
| Other Operating Expenses | - | - | - | - | 0.63 | - | Upgrade
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| Total Operating Expenses | 137.49 | 133.88 | 128.58 | 106.28 | 100.53 | 80.32 | Upgrade
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| Operating Income | 446.06 | 434.76 | 392.67 | 349.3 | 292.96 | 259.88 | Upgrade
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| Interest Expense | -83.15 | -82.75 | -99.09 | -37.16 | -41.85 | -41.78 | Upgrade
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| Interest & Investment Income | 6.76 | 7.07 | 7.71 | 1.63 | 3.11 | 2.37 | Upgrade
|
| Currency Exchange Gain (Loss) | -14.76 | -14.41 | -1.03 | 1.22 | 5.11 | 3.67 | Upgrade
|
| Other Non-Operating Income | -1.45 | -1.98 | 3.08 | -2.43 | -2.63 | 2.53 | Upgrade
|
| EBT Excluding Unusual Items | 353.47 | 342.69 | 303.34 | 312.55 | 256.7 | 226.68 | Upgrade
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| Gain (Loss) on Sale of Assets | - | - | -1.51 | -0.67 | -0.76 | -0.9 | Upgrade
|
| Asset Writedown | -7.86 | 53.04 | -172.68 | -219.73 | 1,299 | 273.44 | Upgrade
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| Other Unusual Items | -1.97 | -2.98 | -0.15 | - | -3.96 | -0.2 | Upgrade
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| Pretax Income | 343.64 | 392.76 | 129.01 | 92.16 | 1,551 | 499.02 | Upgrade
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| Income Tax Expense | 26.82 | 30.87 | -9.49 | -63.67 | 240.57 | 69.09 | Upgrade
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| Earnings From Continuing Operations | 316.82 | 361.88 | 138.5 | 155.82 | 1,310 | 429.93 | Upgrade
|
| Net Income to Company | 316.82 | 361.88 | 138.5 | 155.82 | 1,310 | 429.93 | Upgrade
|
| Minority Interest in Earnings | -1.46 | -1.27 | -1.83 | -0.05 | -0.34 | -0.12 | Upgrade
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| Net Income | 315.36 | 360.61 | 136.66 | 155.77 | 1,310 | 429.8 | Upgrade
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| Net Income to Common | 315.36 | 360.61 | 136.66 | 155.77 | 1,310 | 429.8 | Upgrade
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| Net Income Growth | 45.99% | 163.87% | -12.27% | -88.11% | 204.78% | 12.49% | Upgrade
|
| Basic Shares Outstanding | 62 | 63 | 63 | 64 | 66 | 62 | Upgrade
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| Diluted Shares Outstanding | 62 | 63 | 63 | 64 | 66 | 62 | Upgrade
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| Shares Change (YoY) | -2.47% | -1.00% | -0.55% | -3.02% | 6.49% | 14.13% | Upgrade
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| EPS (Basic) | 5.10 | 5.75 | 2.16 | 2.45 | 19.94 | 6.97 | Upgrade
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| EPS (Diluted) | 5.10 | 5.75 | 2.16 | 2.45 | 19.94 | 6.97 | Upgrade
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| EPS Growth | 49.69% | 166.52% | -11.78% | -87.74% | 186.19% | -1.43% | Upgrade
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| Dividend Per Share | 3.333 | 3.308 | 3.209 | 3.123 | 3.008 | 2.920 | Upgrade
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| Dividend Growth | 3.08% | 3.10% | 2.74% | 3.82% | 3.01% | 4.29% | Upgrade
|
| Operating Margin | 76.44% | 76.46% | 75.33% | 76.67% | 74.45% | 76.39% | Upgrade
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| Profit Margin | 54.04% | 63.42% | 26.22% | 34.19% | 332.90% | 126.34% | Upgrade
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| EBITDA | 447.37 | 436.05 | 393.95 | 350.89 | 294.28 | 261.03 | Upgrade
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| EBITDA Margin | 76.66% | 76.68% | 75.58% | 77.02% | 74.79% | 76.73% | Upgrade
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| D&A For Ebitda | 1.31 | 1.29 | 1.27 | 1.6 | 1.32 | 1.15 | Upgrade
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| EBIT | 446.06 | 434.76 | 392.67 | 349.3 | 292.96 | 259.88 | Upgrade
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| EBIT Margin | 76.44% | 76.46% | 75.33% | 76.67% | 74.45% | 76.39% | Upgrade
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| Funds From Operations (FFO) | 352.5 | 343.9 | 317.6 | 289.3 | 251.3 | 225.4 | Upgrade
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| FFO Per Share | 5.60 | 5.44 | 4.97 | 4.43 | 3.93 | 3.98 | Upgrade
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| Adjusted Funds From Operations (AFFO) | - | 307.1 | 287.4 | 264.2 | 235.2 | 215.7 | Upgrade
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| AFFO Per Share | - | 4.86 | 4.50 | 4.05 | 3.68 | 3.81 | Upgrade
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| FFO Payout Ratio | 59.19% | 60.44% | 64.20% | 69.92% | 76.04% | 72.34% | Upgrade
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| Effective Tax Rate | 7.80% | 7.86% | - | - | 15.51% | 13.85% | Upgrade
|
| Revenue as Reported | 584.86 | 569.14 | 521.25 | - | - | - | Upgrade
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Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.