Morguard Corporation (TSX:MRC)
Canada
· Delayed Price · Currency is CAD 115.00
-0.21 (-0.18%)
At close: Mar 6, 2026
Morguard 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 | 1,064 | 1,068 | 1,162 | 1,079 | 976.61 | Upgrade
|
| Property Management Fees | 41.24 | 39.68 | 43.57 | 41.34 | 45.3 | Upgrade
|
| Other Revenue | 0.97 | -0.72 | 4.33 | 1.21 | -29.4 | Upgrade
|
| Total Revenue | 1,125 | 1,126 | 1,228 | 1,138 | 1,001 | Upgrade
|
| Revenue Growth (YoY | -0.16% | -8.30% | 7.95% | 13.67% | -3.03% | Upgrade
|
| Property Expenses | 594.61 | 589.01 | 654.04 | 619.66 | 568.81 | Upgrade
|
| Depreciation & Amortization | 6.86 | 11.01 | 23.08 | 26.51 | 32.5 | Upgrade
|
| Total Operating Expenses | 601.47 | 600.02 | 677.12 | 646.18 | 601.31 | Upgrade
|
| Operating Income | 523.08 | 526.35 | 551.23 | 491.71 | 399.69 | Upgrade
|
| Interest Expense | -254.92 | -256.21 | -266.46 | -231.63 | -222.96 | Upgrade
|
| Interest & Investment Income | 0.58 | 0.19 | 0.26 | 1.13 | 0.96 | Upgrade
|
| Currency Exchange Gain (Loss) | -0.14 | -0.32 | -0.06 | 0 | 1.37 | Upgrade
|
| Other Non-Operating Income | -29.71 | -87.75 | 16.64 | 3.84 | 4.89 | Upgrade
|
| EBT Excluding Unusual Items | 238.89 | 182.25 | 301.61 | 265.05 | 183.95 | Upgrade
|
| Gain (Loss) on Sale of Investments | 0.47 | -16.26 | -29.38 | 7.31 | 2.92 | Upgrade
|
| Gain (Loss) on Sale of Assets | - | 150.59 | - | -8.51 | - | Upgrade
|
| Asset Writedown | 1.06 | -17.85 | -190.65 | -130.15 | 221.68 | Upgrade
|
| Other Unusual Items | - | -0.26 | - | 1.75 | -0.45 | Upgrade
|
| Pretax Income | 240.42 | 298.47 | 81.59 | 135.46 | 408.1 | Upgrade
|
| Income Tax Expense | 61.51 | 58.84 | 23.35 | 23.21 | 151.48 | Upgrade
|
| Earnings From Continuing Operations | 178.9 | 239.63 | 58.24 | 112.25 | 256.62 | Upgrade
|
| Minority Interest in Earnings | -4.03 | 22.17 | 15.94 | 10.52 | -6.86 | Upgrade
|
| Net Income | 174.87 | 261.8 | 74.18 | 122.77 | 249.76 | Upgrade
|
| Net Income to Common | 174.87 | 261.8 | 74.18 | 122.77 | 249.76 | Upgrade
|
| Net Income Growth | -33.20% | 252.94% | -39.58% | -50.84% | - | Upgrade
|
| Basic Shares Outstanding | 11 | 11 | 11 | 11 | 11 | Upgrade
|
| Diluted Shares Outstanding | 11 | 11 | 11 | 11 | 11 | Upgrade
|
| Shares Change (YoY) | -0.98% | -0.89% | -1.59% | -0.20% | -0.93% | Upgrade
|
| EPS (Basic) | 16.34 | 24.23 | 6.80 | 11.08 | 22.50 | Upgrade
|
| EPS (Diluted) | 16.34 | 24.23 | 6.80 | 11.08 | 22.50 | Upgrade
|
| EPS Growth | -32.54% | 256.11% | -38.61% | -50.75% | - | Upgrade
|
| Dividend Per Share | 0.800 | 0.650 | 0.600 | 0.600 | 0.600 | Upgrade
|
| Dividend Growth | 23.08% | 8.33% | - | - | - | Upgrade
|
| Operating Margin | 46.52% | 46.73% | 44.88% | 43.21% | 39.93% | Upgrade
|
| Profit Margin | 15.55% | 23.24% | 6.04% | 10.79% | 24.95% | Upgrade
|
| EBITDA | 529.94 | 537.36 | 574.31 | 518.22 | 432.14 | Upgrade
|
| EBITDA Margin | 47.13% | 47.71% | 46.76% | 45.54% | 43.17% | Upgrade
|
| D&A For Ebitda | 6.86 | 11.01 | 23.08 | 26.51 | 32.44 | Upgrade
|
| EBIT | 523.08 | 526.35 | 551.23 | 491.71 | 399.69 | Upgrade
|
| EBIT Margin | 46.52% | 46.73% | 44.88% | 43.21% | 39.93% | Upgrade
|
| Funds From Operations (FFO) | 221.6 | 206.65 | 214.12 | 211.6 | 187.92 | Upgrade
|
| Adjusted Funds From Operations (AFFO) | 221.6 | 206.65 | 214.12 | 211.6 | 187.92 | Upgrade
|
| FFO Payout Ratio | 3.85% | 3.38% | 3.03% | 3.13% | 3.51% | Upgrade
|
| Effective Tax Rate | 25.59% | 19.71% | 28.62% | 17.13% | 37.12% | Upgrade
|
Source: S&P Capital IQ. Real Estate template. Financial Sources.