Granite Real Estate Investment Trust Website

Granite Real Estate Investment Trust

TSX-GRT.UN

Basic

  • Market Cap

    CA$4,311.36M

  • EV

    CA$7,300.47M

  • Shares Out

    63.36M

  • Revenue

    CA$521.25M

  • Employees

    69

Margins

  • Gross

    83.5%

  • EBITDA

    75.55%

  • Operating

    75.3%

  • Pre-Tax

    24.75%

  • Net

    26.22%

  • FCF

    60.03%

Returns (5Yr Avg)

  • ROA

    8.28%

  • ROTA

    13.25%

  • ROE

    13.25%

  • ROCE

    4.42%

  • ROIC

    4.03%

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$88.05

  • P/E

    —

  • PEG

    —

  • P/FFO

    —

  • P/Adjusted FFO

    —

  • EV/Sales

    —

  • EV/EBITDA

    —

  • P/FCF

    —

Financial Health

  • Cash

    CA$125.18M

  • Net Debt

    CA$2,982.42M

  • Debt/Equity

    0.59

  • EBIT/Interest

    3.96

Growth (CAGR)

  • Rev 3Yr

    15.28%

  • Rev 5Yr

    16.16%

  • Rev 10Yr

    10.62%

  • Dil EPS 3Yr

    -32.35%

  • Dil EPS 5Yr

    -26.68%

  • Dil EPS 10Yr

    -3.54%

  • Rev Fwd 2Yr

    5.15%

  • EBITDA Fwd 2Yr

    8.41%

  • EPS Fwd 2Yr

    62.08%

  • EPS LT Growth Est

    8.7%

Dividends

  • Yield

    —

  • Payout

    148.75%

  • DPS

    CA$3.21

  • DPS Growth 3Yr

    3.19%

  • DPS Growth 5Yr

    3.28%

  • DPS Growth 10Yr

    4.29%

  • 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

Dec '24 (E)

Dec '25 (E)

Dec '26 (E)

Metric
Dec '14
Dec '15
Dec '16
Dec '17
Dec '18
Dec '19
Dec '20
Dec '21
Dec '22
Dec '23

Total Revenues

272.8

340.2

393.5

455.6

521.3

Total Revenues % Chg.

10.7%

24.7%

15.7%

15.8%

14.4%

Cost of Goods Sold, Total

35.4

47.2

60.8

75.2

86

Gross Profit

237.5

293

332.7

380.4

435.2

Selling General & Admin Expenses, Total

31

32

37.8

28.6

40.4

Depreciation & Amortization

0.9

1.2

1.3

1.6

1.3

Other Operating Expenses

—

—

—

—

—

0.5

—

0.6

0.9

1

Other Operating Expenses, Total

32.3

33.2

39.7

31.1

42.7

Operating Income

205.1

259.9

293

349.3

392.5

Interest Expense, Total

-28

-41.8

-41.9

-37.2

-99.1

Interest And Investment Income

9.6

2.4

3.1

1.6

7.7

Net Interest Expenses

-18.4

-39.4

-38.7

-35.5

-91.4

Currency Exchange Gains (Loss)

-1.6

3.7

5.1

1.2

-1

Other Non Operating Income (Expenses)

-3.4

2.5

-2.6

-2.4

3.1

EBT, Excl. Unusual Items

181.7

226.7

256.7

312.6

303.2

Merger & Related Restructuring Charges

—

—

—

—

—

—

—

—

—

Gain (Loss) On Sale Of Assets

-3

-0.9

-0.8

-0.7

-1.5

Asset Writedown

245.4

273.4

1,298.9

-219.7

-172.7

Other Unusual Items

0.9

-0.2

-4

—

—

EBT, Incl. Unusual Items

424.9

499

1,550.8

92.2

129

Income Tax Expense

42.7

69.1

240.6

-63.7

-9.5

Earnings From Continuing Operations

382.3

429.9

1,310.3

155.8

138.5

Earnings Of Discontinued Operations

—

—

—

—

—

—

—

—

—

Minority Interest

—

—

—

—

-0.2

-0.1

-0.3

-0.1

-1.8

Net Income

382.1

429.8

1,309.9

155.8

136.7

Net Income to Common Incl Extra Items

382.1

429.8

1,309.9

155.8

136.7

Net Income to Common Excl. Extra Items

382.1

429.8

1,309.9

155.8

136.7

Total Shares Outstanding

54.1

61.7

65.7

63.7

63.4

Weighted Avg. Shares Outstanding

54.1

61.7

65.7

63.7

63.4

Weighted Avg. Shares Outstanding Dil

54.1

61.7

65.7

63.7

63.4

EPS

7.1

7

19.9

2.4

2.2

EPS Diluted

7.1

7

19.9

2.4

2.2

EBITDA

206

261

294.3

350.9

393.8

Effective Tax Rate

10%

13.8%

15.5%

-69.1%

-7.4%