GRTUFOTCReal Estate Investment TrustsFiscal year ends December 31

GRANITE REAL ESTATE INVESTMENT TRUST

Financials through fiscal 2024, year ended Dec 31, 2024Last filing: 40-F on Feb 26, 2025

$59.60−1.33 (-2.18%)

Close on Oct 19, 2026

GRANITE REAL ESTATE INVESTMENT TRUST income statement

AnnualQuarterlyTTM

CAD USD

Millions of CAD, except per-share data. Shares in millions.

Line item	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31	FY 2012 2012-12-31	FY 2011 2011-12-31	FY 2010 2010-12-31
Revenue	569	521	456	393	340	274	247	245	223	181	181	179
General & Administrative	–	–	–	–	–	–	–	–	–	31	47	45
Operating Income	472	435	380	333	293	238	217	213	–	86	53	80
Interest Expense	90	79	51	47	36	30	22	–	–	16	16	19
Interest & Investment Income	–	–	–	–	–	–	–	–	–	0.52	0.71	0.31
Merger & Restructuring Charges	–	–	–	–	–	–	–	–	–	–	–	-10
Asset Impairment Charges	–	–	–	–	–	–	–	–	–	–	19	–
Pretax Income	393	129	92	1,551	499	425	518	371	328	86	54	103
Income Tax Expense	31	-9.49	-64	241	69	43	53	13	48	14	-4.39	34
Income from Continuing Operations	–	–	–	–	–	–	–	–	–	71	58	68
Income from Discontinued Operations	–	–	–	–	–	–	–	–	–	–	94	-121
Net Income incl. Noncontrolling Interests	362	138	156	1,310	430	382	465	358	281	–	–	–
Minority Interest in Earnings	1.27	1.83	0.05	0.34	0.12	0.20	0.20	0.05	1.37	–	–	–
Net Income	361	137	156	1,310	430	382	465	358	279	–	–	–
Net Income to Common	–	–	–	–	–	–	–	–	–	71	152	-53
EPS (Basic)(per share)	–	–	–	–	–	–	–	–	–	1.52	3.25	-1.13
EPS (Diluted)(per share)	–	–	–	–	–	–	–	–	–	1.52	3.24	-1.13
Shares Outstanding (Basic, Weighted)(shares)	–	–	–	–	–	–	–	–	–	47	47	47
Shares Outstanding (Diluted, Weighted)(shares)	–	–	–	–	–	–	–	–	–	47	47	47
Dividend per Share(per share)	–	–	–	–	–	–	30.00	–	–	–	–	–
EBITDA	473	437	382	334	294	239	217	214	–	129	96	123
Net Interest Income	–	–	–	–	–	–	–	–	–	-16	-16	-19

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Dec 31, 2024

Profitability, FY2024

Gross margin: –
Operating margin: 82.9%
Net margin: 63.4%
Return on equity, FY2024: 6.6%

Financial strength

Current ratio: –
Debt to equity: –
Debt to assets: –
Cash to current liabilities: –

Valuation

P/E ratio: –
Price to sales: –
Price to book: –
Dividend yield: –

Valuation ratios need the share price and fill in once daily prices are connected.