Granite Real Estate Investment Trust
GRTUN.TO
TSX
| 12/31/2025 | 09/30/2025 | 06/30/2025 | 03/31/2025 | 12/31/2024 | |
|---|---|---|---|---|---|
| Revenue | 442.21M | 431.93M | 424.88M | 419.13M | 414.99M |
| Total Other Revenue | -- | -- | -- | -- | -- |
| Total Revenue | 442.21M | 431.93M | 424.88M | 419.13M | 414.99M |
| Cost of Revenue | 78.13M | 76.91M | 74.50M | 72.97M | 70.88M |
| Gross Profit | 364.08M | 355.03M | 350.38M | 346.16M | 344.11M |
| SG&A Expenses | 32.89M | 26.84M | 26.25M | 24.03M | 25.14M |
| Depreciation & Amortization | 854.20K | 881.30K | 914.10K | 940.70K | 940.70K |
| Other Operating Expenses | -- | -- | -- | -- | -- |
| Total Operating Expenses | 111.88M | 104.63M | 101.67M | 97.94M | 96.96M |
| Operating Income | 330.34M | 327.30M | 323.21M | 321.19M | 318.03M |
| Income Before Tax | 259.27M | 211.57M | 263.49M | 248.39M | 286.89M |
| Income Tax Expenses | 13.15M | 2.28M | 21.57M | 19.48M | 22.58M |
| Earnings from Continuing Operations | 246.11 | 209.29 | 241.92 | 228.91 | 264.31 |
| Earnings from Discontinued Operations | -- | -- | -- | -- | -- |
| Extraordinary Item & Accounting Change | -- | -- | -- | -- | -- |
| Minority Interest in Earnings | -335.80K | -865.10K | -1.05M | -1.05M | -912.60K |
| Net Income | 245.78M | 208.43M | 240.86M | 227.86M | 263.40M |
| EBIT | 330.34M | 327.30M | 323.21M | 321.19M | 318.03M |
| EBITDA | 331.19M | 328.18M | 324.12M | 322.13M | 318.97M |
| EPS Basic | 4.05 | 3.40 | 3.89 | 3.64 | 4.19 |
| Normalized Basic EPS | 2.70 | 2.64 | 2.57 | 2.53 | 2.48 |
| EPS Diluted | 4.05 | 3.40 | 3.89 | 3.64 | 4.19 |
| Normalized Diluted EPS | 2.70 | 2.64 | 2.57 | 2.53 | 2.48 |
| Average Basic Shares Outstanding | 243.60M | 245.73M | 247.88M | 250.02M | 251.59M |
| Average Diluted Shares Outstanding | 243.60M | 245.73M | 247.88M | 250.02M | 251.59M |
| Dividend Per Share | 2.44 | 2.42 | 2.41 | 2.40 | 2.42 |
| Payout Ratio | 60.60% | 71.48% | 62.09% | 65.80% | 57.61% |