Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN)
37.08
+0.12 (0.32%)
At close: Mar 9, 2026
TSX:CAR.UN Income Statement
Financials in millions CAD. Fiscal year is January - December.
Millions CAD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | 2020 - 2016 |
|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | 2020 - 2016 |
| Rental Revenue | 1,003 | 1,113 | 1,065 | 1,007 | 933.14 | Upgrade
|
| Total Revenue | 1,003 | 1,113 | 1,065 | 1,007 | 933.14 | Upgrade
|
| Revenue Growth (YoY | -9.83% | 4.45% | 5.76% | 7.94% | 5.72% | Upgrade
|
| Property Expenses | 349.65 | 382.09 | 372.53 | 356.86 | 323.14 | Upgrade
|
| Selling, General & Administrative | 47.02 | 51.95 | 51.38 | 52.27 | 51.37 | Upgrade
|
| Depreciation & Amortization | - | - | - | - | 8.25 | Upgrade
|
| Total Operating Expenses | 406.2 | 440.35 | 431.73 | 416.39 | 397.87 | Upgrade
|
| Operating Income | 597.17 | 672.4 | 633.59 | 590.88 | 535.27 | Upgrade
|
| Interest Expense | -187.11 | -212.51 | -201.77 | -182.87 | -150.42 | Upgrade
|
| Interest & Investment Income | 13.9 | 6.97 | 12.61 | 12.09 | 2.27 | Upgrade
|
| Income (Loss) on Equity Investments | - | - | - | 0.65 | 18.46 | Upgrade
|
| Currency Exchange Gain (Loss) | -4.03 | -26.78 | 4.16 | -21 | -6.1 | Upgrade
|
| Other Non-Operating Income | -68.59 | -44.19 | -59.52 | -13.37 | 50.56 | Upgrade
|
| EBT Excluding Unusual Items | 351.33 | 395.88 | 389.07 | 386.38 | 450.04 | Upgrade
|
| Impairment of Goodwill | - | - | - | -14.28 | - | Upgrade
|
| Gain (Loss) on Sale of Investments | - | - | - | - | 14.09 | Upgrade
|
| Gain (Loss) on Sale of Assets | - | - | - | -1.07 | -0.24 | Upgrade
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| Asset Writedown | -84.69 | 58.49 | -914.59 | -468.33 | 1,049 | Upgrade
|
| Other Unusual Items | -4.49 | 3.01 | 3.25 | 1.77 | - | Upgrade
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| Pretax Income | 254.18 | 450.71 | -533.26 | -101.22 | 1,513 | Upgrade
|
| Income Tax Expense | 17.47 | 39.44 | -76.48 | -10.03 | 81.18 | Upgrade
|
| Earnings From Continuing Operations | 236.71 | 411.27 | -456.78 | -91.19 | 1,431 | Upgrade
|
| Minority Interest in Earnings | -39.66 | -118.53 | 45.21 | 104.82 | -38.65 | Upgrade
|
| Net Income | 197.05 | 292.74 | -411.57 | 13.64 | 1,393 | Upgrade
|
| Net Income to Common | 197.05 | 292.74 | -411.57 | 13.64 | 1,393 | Upgrade
|
| Net Income Growth | -32.69% | - | - | -99.02% | 50.42% | Upgrade
|
| Basic Shares Outstanding | 159 | 169 | 170 | 174 | 174 | Upgrade
|
| Diluted Shares Outstanding | 160 | 169 | 170 | 175 | 174 | Upgrade
|
| Shares Change (YoY) | -5.45% | -0.56% | -2.69% | 0.45% | 1.37% | Upgrade
|
| EPS (Basic) | 1.24 | 1.74 | -2.43 | 0.08 | 8.03 | Upgrade
|
| EPS (Diluted) | 1.23 | 1.73 | -2.43 | 0.08 | 8.00 | Upgrade
|
| EPS Growth | -28.80% | - | - | -99.02% | 48.39% | Upgrade
|
| Dividend Per Share | 1.546 | 1.471 | 1.450 | 1.450 | 1.409 | Upgrade
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| Dividend Growth | 5.09% | 1.45% | - | 2.91% | 2.10% | Upgrade
|
| Operating Margin | 59.52% | 60.43% | 59.48% | 58.66% | 57.36% | Upgrade
|
| Profit Margin | 19.64% | 26.31% | -38.63% | 1.35% | 149.26% | Upgrade
|
| EBITDA | 603.58 | 678.76 | 639.8 | 598.34 | 543.49 | Upgrade
|
| EBITDA Margin | 60.16% | 61.00% | 60.06% | 59.40% | 58.24% | Upgrade
|
| D&A For Ebitda | 6.41 | 6.36 | 6.21 | 7.46 | 8.23 | Upgrade
|
| EBIT | 597.17 | 672.4 | 633.59 | 590.88 | 535.27 | Upgrade
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| EBIT Margin | 59.52% | 60.43% | 59.48% | 58.66% | 57.36% | Upgrade
|
| Funds From Operations (FFO) | 406.39 | 428.64 | 407.66 | 406.98 | 392.42 | Upgrade
|
| FFO Per Share | 2.54 | 2.53 | 2.40 | 2.33 | 2.25 | Upgrade
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| Adjusted Funds From Operations (AFFO) | 406.39 | 428.64 | 407.66 | 406.98 | 392.42 | Upgrade
|
| AFFO Per Share | 2.54 | 2.53 | 2.40 | 2.33 | - | Upgrade
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| FFO Payout Ratio | 59.36% | 56.55% | 58.00% | 51.72% | 45.30% | Upgrade
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| Effective Tax Rate | 6.87% | 8.75% | - | - | 5.37% | Upgrade
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Source: S&P Capital IQ. Real Estate template. Financial Sources.