Granite Real Estate Investment Trust Website

Granite Real Estate Investment Trust

TSX-GRT.UN

Basic

  • Market Cap

    CA$4,204.58M

  • EV

    CA$7,191.24M

  • Shares Out

    63.01M

  • Revenue

    CA$530.59M

  • Employees

    69

Margins

  • Gross

    83.36%

  • EBITDA

    76.54%

  • Operating

    76.31%

  • Pre-Tax

    41.92%

  • Net

    40.71%

  • FCF

    58.96%

Returns (5Yr Avg)

  • ROA

    7.77%

  • ROTA

    12.45%

  • ROE

    12.45%

  • ROCE

    4.41%

  • ROIC

    4%

Valuation (TTM)

  • P/E

  • P/B

  • P/FFO

  • P/Adjusted FFO

  • EV/Sales

  • EV/EBITDA

  • P/FCF

  • EV/Gross Profit

Valuation (NTM)

  • Price Target

    CA$87.4

  • P/E

  • PEG

  • P/FFO

  • P/Adjusted FFO

  • EV/Sales

  • EV/EBITDA

  • P/FCF

Financial Health

  • Cash

    CA$153.04M

  • Net Debt

    CA$2,979.98M

  • Debt/Equity

    0.58

  • EBIT/Interest

    3.94

Growth (CAGR)

  • Rev 3Yr

    14%

  • Rev 5Yr

    16.34%

  • Rev 10Yr

    10.37%

  • Dil EPS 3Yr

    -28.64%

  • Dil EPS 5Yr

    -19.86%

  • Dil EPS 10Yr

    9.36%

  • Rev Fwd 2Yr

    8.08%

  • EBITDA Fwd 2Yr

    9.11%

  • EPS Fwd 2Yr

    62.66%

  • EPS LT Growth Est

    9.6%

Dividends

  • Yield

  • Payout

    94.89%

  • DPS

    CA$3.23

  • DPS Growth 3Yr

    3.18%

  • DPS Growth 5Yr

    3.31%

  • DPS Growth 10Yr

    4.25%

  • DPS Growth Fwd 2Yr

    2.36%

Select a metric from the list below to chart it

Dec '14

Dec '15

Dec '16

Dec '17

Dec '18

Dec '19

Dec '20

Dec '21

Dec '22

Dec '23

LTM

Dec '24 (E)

Dec '25 (E)

Dec '26 (E)

Total Revenues

272.8

340.2

393.5

455.6

521.3

530.6

Total Revenues % Chg.

10.7%

24.7%

15.7%

15.8%

14.4%

11.3%

Cost of Goods Sold, Total

35.4

47.2

60.8

75.2

86

88.3

Gross Profit

237.5

293

332.7

380.4

435.2

442.3

Selling General & Admin Expenses, Total

31

32

37.8

28.6

40.4

35.2

Depreciation & Amortization

0.9

1.2

1.3

1.6

1.3

1.2

Other Operating Expenses

0.5

0.6

0.9

1

1

Other Operating Expenses, Total

32.3

33.2

39.7

31.1

42.7

37.4

Operating Income

205.1

259.9

293

349.3

392.5

404.9

Interest Expense, Total

-28

-41.8

-41.9

-37.2

-99.1

-102.8

Interest And Investment Income

9.6

2.4

3.1

1.6

7.7

7.8

Net Interest Expenses

-18.4

-39.4

-38.7

-35.5

-91.4

-95

Currency Exchange Gains (Loss)

-1.6

3.7

5.1

1.2

-1

-0.8

Other Non Operating Income (Expenses)

-3.4

2.5

-2.6

-2.4

3.1

1.4

EBT, Excl. Unusual Items

181.7

226.7

256.7

312.6

303.2

310.5

Restructuring Charges

-0.2

Merger & Related Restructuring Charges

Gain (Loss) On Sale Of Assets

-3

-0.9

-0.8

-0.7

-1.5

-0.9

Asset Writedown

245.4

273.4

1,298.9

-219.7

-172.7

-87

Other Unusual Items

0.9

-0.2

-4

EBT, Incl. Unusual Items

424.9

499

1,550.8

92.2

129

222.4

Income Tax Expense

42.7

69.1

240.6

-63.7

-9.5

6.8

Earnings From Continuing Operations

382.3

429.9

1,310.3

155.8

138.5

215.7

Earnings Of Discontinued Operations

Minority Interest

-0.2

-0.1

-0.3

-0.1

-1.8

0.3

Net Income

382.1

429.8

1,309.9

155.8

136.7

216

Net Income to Common Incl Extra Items

382.1

429.8

1,309.9

155.8

136.7

216

Net Income to Common Excl. Extra Items

382.1

429.8

1,309.9

155.8

136.7

216

Total Shares Outstanding

54.1

61.7

65.7

63.7

63.4

63.4

Weighted Avg. Shares Outstanding

54.1

61.7

65.7

63.7

63.4

63.4

Weighted Avg. Shares Outstanding Dil

54.1

61.7

65.7

63.7

63.4

63.4

EPS

7.1

7

19.9

2.4

2.2

3.4

EPS Diluted

7.1

7

19.9

2.4

2.2

3.4

EBITDA

206

261

294.3

350.9

393.8

406.1

Effective Tax Rate

10%

13.8%

15.5%

-69.1%

-7.4%

3%