Morguard North American Residential Real Estate Investment Trust (TSX:MRG.UN)
Canada
· Delayed Price · Currency is CAD 17.66
+0.26 (1.49%)
May 12, 2025, 4:00 PM EDT
TSX:MRG.UN Income Statement
Financials in millions CAD. Fiscal year is January - December.
Millions CAD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2015 - 2019 |
|---|---|---|---|---|---|---|---|
Period Ending | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2015 - 2019 |
| Rental Revenue | 349.71 | 344.19 | 331.62 | 278.49 | 245.57 | 248.68 | Upgrade
|
| Other Revenue | 5.16 | 4.96 | 5.14 | 5.85 | 2.69 | -9.87 | Upgrade
|
| Total Revenue | 354.87 | 349.15 | 336.76 | 284.34 | 248.26 | 238.81 | Upgrade
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| Revenue Growth (YoY | 2.89% | 3.68% | 18.44% | 14.53% | 3.95% | -2.80% | Upgrade
|
| Property Expenses | 168.05 | 162.77 | 151.38 | 127.28 | 116.07 | 113.15 | Upgrade
|
| Selling, General & Administrative | 22.5 | 22.18 | 21.98 | 19.36 | 14.39 | 15.24 | Upgrade
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| Total Operating Expenses | 190.55 | 184.95 | 173.36 | 146.63 | 130.46 | 128.39 | Upgrade
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| Operating Income | 164.32 | 164.2 | 163.41 | 137.71 | 117.79 | 110.43 | Upgrade
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| Interest Expense | -85.95 | -83 | -75.19 | -63.68 | -65.72 | -62.11 | Upgrade
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| Interest & Investment Income | 1.68 | 0.44 | - | 2.98 | - | - | Upgrade
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| Currency Exchange Gain (Loss) | -0.57 | -0.57 | -0.02 | 0.07 | -0.02 | -0.22 | Upgrade
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| Other Non-Operating Income | -21.84 | -38.92 | 23.94 | 26.6 | -30.23 | 44.18 | Upgrade
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| EBT Excluding Unusual Items | 57.63 | 42.15 | 112.14 | 103.67 | 21.83 | 92.27 | Upgrade
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| Gain (Loss) on Sale of Investments | 10.16 | 10.16 | 0.23 | -2.03 | - | - | Upgrade
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| Asset Writedown | 56.14 | 60.37 | 81 | 208.25 | 288.66 | 72.24 | Upgrade
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| Pretax Income | 123.93 | 112.68 | 193.36 | 309.9 | 310.49 | 164.51 | Upgrade
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| Income Tax Expense | 10.99 | 13.28 | 8.08 | 70.34 | 65.52 | -2.29 | Upgrade
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| Earnings From Continuing Operations | 112.94 | 99.4 | 185.28 | 239.56 | 244.97 | 166.81 | Upgrade
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| Minority Interest in Earnings | 1.25 | 2.46 | -8.95 | -20.28 | -2.89 | 8.41 | Upgrade
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| Net Income | 114.2 | 101.86 | 176.34 | 219.28 | 242.09 | 175.22 | Upgrade
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| Net Income to Common | 114.2 | 101.86 | 176.34 | 219.28 | 242.09 | 175.22 | Upgrade
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| Net Income Growth | -33.83% | -42.24% | -19.59% | -9.42% | 38.16% | 128.10% | Upgrade
|
| Basic Shares Outstanding | 36 | 36 | 38 | 39 | 39 | 39 | Upgrade
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| Diluted Shares Outstanding | 36 | 36 | 38 | 39 | 39 | 39 | Upgrade
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| Shares Change (YoY) | -5.37% | -3.85% | -3.52% | 0.12% | 0.11% | 0.10% | Upgrade
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| EPS (Basic) | 3.20 | 2.81 | 4.67 | 5.61 | 6.20 | 4.49 | Upgrade
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| EPS (Diluted) | 3.20 | 2.81 | 4.67 | 5.61 | 6.20 | 4.49 | Upgrade
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| EPS Growth | -30.07% | -39.92% | -16.65% | -9.53% | 38.01% | 127.87% | Upgrade
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| Dividend Per Share | 0.748 | 0.743 | 0.723 | 0.703 | 0.700 | 0.700 | Upgrade
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| Dividend Growth | 2.74% | 2.77% | 2.89% | 0.49% | - | 2.49% | Upgrade
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| Operating Margin | 46.30% | 47.03% | 48.52% | 48.43% | 47.45% | 46.24% | Upgrade
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| Profit Margin | 32.18% | 29.17% | 52.36% | 77.12% | 97.52% | 73.37% | Upgrade
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| EBIT | 164.32 | 164.2 | 163.41 | 137.71 | 117.79 | 110.43 | Upgrade
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| EBIT Margin | 46.30% | 47.03% | 48.52% | 48.43% | 47.45% | 46.24% | Upgrade
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| Funds From Operations (FFO) | 89.86 | 89.86 | 91.94 | 82.8 | - | - | Upgrade
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| FFO Per Share | - | 1.64 | 1.63 | 1.43 | - | - | Upgrade
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| Adjusted Funds From Operations (AFFO) | - | 89.86 | 91.94 | 82.8 | - | - | Upgrade
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| AFFO Per Share | - | 1.58 | 1.57 | 1.37 | - | - | Upgrade
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| FFO Payout Ratio | 29.79% | 29.84% | 29.32% | 32.20% | - | - | Upgrade
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| Effective Tax Rate | 8.87% | 11.79% | 4.18% | 22.70% | 21.10% | - | Upgrade
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Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.