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XTSEGRT.UN
Market cap3.12bUSD
Dec 20, Last price  
71.41CAD
1D
1.10%
1Q
-12.36%
Jan 2017
60.19%
Name

Granite Real Estate Investment Trust

Chart & Performance

D1W1MN
XTSE:GRT.UN chart
P/E
32.78
P/S
8.60
EPS
2.18
Div Yield, %
4.55%
Shrs. gr., 5y
6.94%
Rev. gr., 5y
16.06%
Revenues
521m
+14.41%
1,026,480,686909,919,7971,009,941,519786,922,036942,548,245384,634,384358,417,337186,790,929181,115,000203,247,000207,410,000216,299,000223,401,000222,638,000247,483,000273,678,000340,199,000393,488,000455,579,000521,250,000
Net income
137m
-12.27%
07,618,16069,783,90939,128,367-3,913,87200159,068,73771,337,000145,031,00070,213,000193,334,000279,325,000357,702,000465,156,000382,079,000429,804,0001,309,937,000155,768,000136,662,000
CFO
313m
+12.86%
82,124,02582,799,06161,892,16875,731,873104,144,775109,926,65288,817,208116,348,055116,646,000127,894,00092,863,000159,844,000159,991,000158,677,000157,888,000183,431,000244,321,000262,264,000277,496,000313,181,000
Dividend
Sep 27, 20240.275 CAD/sh
Earnings
Feb 26, 2025

Profile

Granite is a Canadian-based REIT engaged in the acquisition, development, ownership and management of logistics, warehouse and industrial properties in North America and Europe. Granite owns 108 investment properties representing approximately 45.3 million square feet of leasable area.
URL
https://granitereit.com/
IPO date
Aug 20, 2003
Employees
Domiciled in
CA
Incorporated in
CA

Valuation

Title
CAD in thousands, except ratios and share amounts
FYFYFYFYFYFYFYFYFYFY
2023‑122022‑122021‑122020‑122019‑122018‑122017‑122016‑122015‑122014‑12
Income
Revenues
521,250
14.41%
455,579
15.78%
393,488
15.66%
Cost of revenue
126,457
103,819
98,582
Unusual Expense (Income)
NOPBT
394,793
351,760
294,906
NOPBT Margin
75.74%
77.21%
74.95%
Operating Taxes
(9,489)
(63,665)
240,567
Tax Rate
81.57%
NOPAT
404,282
415,425
54,339
Net income
136,662
-12.27%
155,768
-88.11%
1,309,937
204.78%
Dividends
(203,910)
(202,284)
(191,082)
Dividend yield
4.22%
4.48%
2.83%
Proceeds from repurchase of equity
(26,994)
(142,410)
798,209
BB yield
0.56%
3.16%
-11.83%
Debt
Debt current
244,898
451,826
505
Long-term debt
2,887,446
2,650,630
2,489,647
Deferred revenue
17,358
11,802
Other long-term liabilities
8,429
(10,967)
6,822
Net debt
2,906,968
2,815,520
2,024,871
Cash flow
Cash from operating activities
313,181
277,496
262,264
CAPEX
(285)
(807)
(589)
Cash from investing activities
(128,127)
(766,556)
(1,025,424)
Cash from financing activities
(203,110)
214,559
333,475
FCF
405,173
413,874
55,143
Balance
Cash
116,134
135,081
402,513
Long term investments
109,242
151,855
62,768
Excess cash
199,314
264,157
445,607
Stockholders' equity
5,278,391
7,171,166
7,017,166
Invested Capital
8,191,920
8,273,935
7,322,610
ROIC
4.91%
5.33%
0.86%
ROCE
4.42%
3.87%
3.52%
EV
Common stock shares outstanding
63,356
65,300
64,000
Price
76.28
10.42%
69.08
-34.46%
105.40
35.30%
Market cap
4,832,778
7.13%
4,510,924
-33.13%
6,745,600
52.72%
EV
7,746,436
9,033,836
10,522,310
EBITDA
396,065
353,358
296,226
EV/EBITDA
19.56
25.57
35.52
Interest
72,864
45,183
39,393
Interest/NOPBT
18.46%
12.84%
13.36%