Granite Real Estate Investment Trust
GRTUN.TO
TSX
| 06/30/2026 | 03/31/2026 | 12/31/2025 | 09/30/2025 | 06/30/2025 | |
|---|---|---|---|---|---|
| Revenue | 461.72M | 454.26M | 442.21M | 431.93M | 424.88M |
| Total Other Revenue | -- | -- | -- | -- | -- |
| Total Revenue | 461.72M | 454.26M | 442.21M | 431.93M | 424.88M |
| Cost of Revenue | 82.79M | 80.61M | 78.13M | 76.91M | 74.50M |
| Gross Profit | 378.94M | 373.65M | 364.08M | 355.03M | 350.38M |
| SG&A Expenses | 40.98M | 35.41M | 32.89M | 26.84M | 26.25M |
| Depreciation & Amortization | 817.80K | 838.90K | 854.20K | 881.30K | 914.10K |
| Other Operating Expenses | -- | -- | -- | -- | -- |
| Total Operating Expenses | 124.59M | 116.85M | 111.88M | 104.63M | 101.67M |
| Operating Income | 337.14M | 337.40M | 330.34M | 327.30M | 323.21M |
| Income Before Tax | 281.36M | 302.19M | 259.27M | 211.57M | 263.49M |
| Income Tax Expenses | 19.46M | 20.93M | 13.15M | 2.28M | 21.57M |
| Earnings from Continuing Operations | 261.90 | 281.26 | 246.11 | 209.29 | 241.92 |
| Earnings from Discontinued Operations | -- | -- | -- | -- | -- |
| Extraordinary Item & Accounting Change | -- | -- | -- | -- | -- |
| Minority Interest in Earnings | -420.30K | -429.50K | -335.80K | -865.10K | -1.05M |
| Net Income | 261.48M | 280.83M | 245.78M | 208.43M | 240.86M |
| EBIT | 337.14M | 337.40M | 330.34M | 327.30M | 323.21M |
| EBITDA | 337.95M | 338.24M | 331.19M | 328.18M | 324.12M |
| EPS Basic | 4.30 | 4.63 | 4.05 | 3.40 | 3.89 |
| Normalized Basic EPS | 2.76 | 2.77 | 2.70 | 2.64 | 2.57 |
| EPS Diluted | 4.30 | 4.63 | 4.05 | 3.40 | 3.89 |
| Normalized Diluted EPS | 2.76 | 2.77 | 2.70 | 2.64 | 2.57 |
| Average Basic Shares Outstanding | 243.19M | 242.43M | 243.60M | 245.73M | 247.88M |
| Average Diluted Shares Outstanding | 243.19M | 242.43M | 243.60M | 245.73M | 247.88M |
| Dividend Per Share | 2.50 | 2.49 | 2.44 | 2.42 | 2.41 |
| Payout Ratio | 57.74% | 53.64% | 60.60% | 71.48% | 62.09% |