GRT-

Granite Real Estate Investment Trust

GRT-UN.TO granitereit.com + Basket
ISIN CA3874372053
CUSIP 387437114
Employees 70
Phone 647 925 7500
Fiscal year end December
Address Toronto-Dominion Centre, Toronto, ON, Canada, M5K 1H1
83.70
-0.57 (-0.68%)
CAD · TO
52-week range
72.03
100.15
Trading at 42% of the 52-week range
Market Cap
5.20B
P/E Ratio
14.04
Forward P/E
12.67
Book Value
94.13
Div. Yield
4.14%
% Institutions
28.36%
% Insiders
0.265%

1 Year

+12.9%

3 Year

+51.4%

10 Year

+207.6%
Description

Granite Real Estate Investment Trust 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 145 investment properties representing approximately 61.5 million square feet of leasable area. Granite Real Estate Investment Trust was established in 2003 and was incorporated in Canada.

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People

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Directors & Officers

Name Title Year Born
Mr. Kevan S. Gorrie ICD.D, P. Eng President, CEO & Trustee 1969
Ms. Teresa Neto CA Chief Financial Officer 1966
Mr. Michael A. Ramparas Executive VP of Global Real Estate & Head of Investments NA
Mr. Lawrence Clarfield Executive VP, General Counsel & Corporate Secretary NA
Mr. Lorne Kumer Executive VP & Head of Global Real Estate NA
Mr. Witsard Schaper Senior VP & Head of Europe NA
Ms. Kristy Boys Senior Vice President of Finance NA
Mr. Jon Sorg Senior VP & Head of U.S. NA
Mr. Keith Stephen Vice President of Sustainability & Environment NA
Ms. Alison Clements Senior Vice President of Real Estate NA

Financial Highlights

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Market Cap: $5.20B
EBITDA: $471.60M
P/E Ratio: $14.04
Book Value: $94.13
Dividend/Share: $3.49
Dividend Yield: 4.14%
Earnings/Share: $5.96
Profit Margin: 56.60%
Operating Margin: 70.61%
ROA (TTM): 3.05%
ROE (TTM): 6.53%
Revenue (TTM): $644.43M
Revenue/Share (TTM): $10.50
Earnings Growth (YOY): -27.20%
Revenue Growth (YOY): 9.80%

Valuation Metrics

Enterprise Value: $8.16B
Trailing P/E: 14.04
Forward P/E: 12.67

Shares Statistics

Shares Outstanding: 62.08M
Shares Float: 61.81M
% Insiders: 0.265%
% Institutions: 28.36%
Shares Short: 264.31K
Shares Short (Prior Month): 263.95K
Short Ratio: 2.82
Short % Float: 0.43%

Stock Price History

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1 Year Price History

3 Years Price History

10 Years Price History

Max Price History

Financial Charts

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Open balance sheet Open capital intensity Download Financials (Excel)

Revenue, Net Income & Operating Cash Flow (Yearly)

Change % vs Prior Year

Revenue, Net Income & Operating Cash Flow (Quarterly)

Change % vs Prior Quarter

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Yearly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Income Statement Waterfall

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Open full waterfall Open balance sheet
Line Item
Step Type
Value
Revenue
adjust
$618.70M
Cost of Goods Sold
adjust
$-111.63M
Gross Profit
subtotal
$507.07M
SG&A
adjust
$-45.46M
Operating Income
subtotal
$463.52M
Other / Non-Operating Items
adjust
$-121.18M
Net Income
subtotal
$342.34M

Earnings Per Share (EPS) History

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Financial Ratios

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📦 Raw API Data (JSON Explorer)

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