Granite Real Estate Investment Trust
GRPU
NYSE
| 09/30/2025 | 06/30/2025 | 03/31/2025 | 12/31/2024 | 09/30/2024 | |
|---|---|---|---|---|---|
| Revenue | 431.93M | 424.88M | 419.13M | 414.99M | 404.67M |
| Total Other Revenue | -- | -- | -- | -- | -- |
| Total Revenue | 431.93M | 424.88M | 419.13M | 414.99M | 404.67M |
| Cost of Revenue | 76.91M | 74.50M | 72.97M | 70.88M | 66.21M |
| Gross Profit | 355.03M | 350.38M | 346.16M | 344.11M | 338.46M |
| SG&A Expenses | 26.84M | 26.25M | 24.03M | 25.14M | 28.54M |
| Depreciation & Amortization | 881.30K | 914.10K | 940.70K | 940.70K | 948.80K |
| Other Operating Expenses | -- | -- | -- | -- | -- |
| Total Operating Expenses | 104.63M | 101.67M | 97.94M | 96.96M | 95.70M |
| Operating Income | 327.30M | 323.21M | 321.19M | 318.03M | 308.97M |
| Income Before Tax | 211.57M | 263.49M | 248.39M | 286.89M | 247.35M |
| Income Tax Expenses | 2.28M | 21.57M | 19.48M | 22.58M | 20.07M |
| Earnings from Continuing Operations | 209.29 | 241.92 | 228.91 | 264.31 | 227.28 |
| Earnings from Discontinued Operations | -- | -- | -- | -- | -- |
| Extraordinary Item & Accounting Change | -- | -- | -- | -- | -- |
| Minority Interest in Earnings | -865.10K | -1.05M | -1.05M | -912.60K | -703.20K |
| Net Income | 208.43M | 240.86M | 227.86M | 263.40M | 226.58M |
| EBIT | 327.30M | 323.21M | 321.19M | 318.03M | 308.97M |
| EBITDA | 328.18M | 324.12M | 322.13M | 318.97M | 309.92M |
| EPS Basic | 3.40 | 3.89 | 3.64 | 4.19 | 3.60 |
| Normalized Basic EPS | 2.64 | 2.57 | 2.53 | 2.48 | 2.29 |
| EPS Diluted | 3.40 | 3.89 | 3.64 | 4.19 | 3.60 |
| Normalized Diluted EPS | 2.64 | 2.57 | 2.53 | 2.48 | 2.29 |
| Average Basic Shares Outstanding | 245.73M | 247.88M | 250.02M | 251.59M | 252.22M |
| Average Diluted Shares Outstanding | 245.73M | 247.88M | 250.02M | 251.59M | 252.22M |
| Dividend Per Share | 2.42 | 2.40 | 2.39 | 2.41 | 2.41 |
| Payout Ratio | 71.48% | 62.09% | 65.80% | 57.61% | 67.17% |