Morguard North American Residential Real Estate Investment Trust (TSX:MRG.UN)
Canada
· Delayed Price · Currency is CAD 17.76
-0.30 (-1.66%)
Mar 9, 2026, 2:56 PM EST
TSX:MRG.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 | 354.65 | 344.19 | 331.62 | 278.49 | 245.57 | Upgrade
|
| Other Revenue | 7.61 | 15.12 | 5.14 | 5.85 | 2.69 | Upgrade
|
| Total Revenue | 362.25 | 359.3 | 336.76 | 284.34 | 248.26 | Upgrade
|
| Revenue Growth (YoY | 0.82% | 6.69% | 18.44% | 14.53% | 3.95% | Upgrade
|
| Property Expenses | 164.91 | 162.77 | 151.38 | 127.28 | 116.07 | Upgrade
|
| Selling, General & Administrative | 23.24 | 22.18 | 21.98 | 19.36 | 14.39 | Upgrade
|
| Total Operating Expenses | 188.15 | 184.95 | 173.36 | 146.63 | 130.46 | Upgrade
|
| Operating Income | 174.1 | 174.36 | 163.41 | 137.71 | 117.79 | Upgrade
|
| Interest Expense | -91.92 | -83 | -75.19 | -63.68 | -65.72 | Upgrade
|
| Interest & Investment Income | 4.16 | 0.44 | - | 2.98 | - | Upgrade
|
| Currency Exchange Gain (Loss) | -0.01 | -0.57 | -0.02 | 0.07 | -0.02 | Upgrade
|
| Other Non-Operating Income | -1.8 | -38.92 | 23.94 | 26.6 | -30.23 | Upgrade
|
| EBT Excluding Unusual Items | 84.54 | 52.31 | 112.14 | 103.67 | 21.83 | Upgrade
|
| Gain (Loss) on Sale of Investments | - | - | 0.23 | -2.03 | - | Upgrade
|
| Asset Writedown | 37.83 | 60.37 | 81 | 208.25 | 288.66 | Upgrade
|
| Pretax Income | 122.38 | 112.68 | 193.36 | 309.9 | 310.49 | Upgrade
|
| Income Tax Expense | 10.84 | 13.28 | 8.08 | 70.34 | 65.52 | Upgrade
|
| Earnings From Continuing Operations | 111.54 | 99.4 | 185.28 | 239.56 | 244.97 | Upgrade
|
| Minority Interest in Earnings | -8.57 | 2.46 | -8.95 | -20.28 | -2.89 | Upgrade
|
| Net Income | 102.97 | 101.86 | 176.34 | 219.28 | 242.09 | Upgrade
|
| Net Income to Common | 102.97 | 101.86 | 176.34 | 219.28 | 242.09 | Upgrade
|
| Net Income Growth | 1.09% | -42.24% | -19.59% | -9.42% | 38.16% | Upgrade
|
| Basic Shares Outstanding | 35 | 36 | 38 | 39 | 39 | Upgrade
|
| Diluted Shares Outstanding | 35 | 36 | 38 | 39 | 39 | Upgrade
|
| Shares Change (YoY) | -3.73% | -3.85% | -3.52% | 0.12% | 0.11% | Upgrade
|
| EPS (Basic) | 2.95 | 2.81 | 4.67 | 5.61 | 6.20 | Upgrade
|
| EPS (Diluted) | 2.95 | 2.81 | 4.67 | 5.61 | 6.20 | Upgrade
|
| EPS Growth | 5.01% | -39.92% | -16.65% | -9.53% | 38.01% | Upgrade
|
| Dividend Per Share | 0.765 | 0.743 | 0.723 | 0.703 | 0.700 | Upgrade
|
| Dividend Growth | 2.91% | 2.77% | 2.89% | 0.49% | - | Upgrade
|
| Operating Margin | 48.06% | 48.53% | 48.52% | 48.43% | 47.45% | Upgrade
|
| Profit Margin | 28.42% | 28.35% | 52.36% | 77.12% | 97.52% | Upgrade
|
| EBIT | 174.1 | 174.36 | 163.41 | 137.71 | 117.79 | Upgrade
|
| EBIT Margin | 48.06% | 48.53% | 48.52% | 48.43% | 47.45% | Upgrade
|
| Funds From Operations (FFO) | - | - | 91.94 | 82.8 | - | Upgrade
|
| FFO Per Share | - | - | 1.63 | 1.43 | - | Upgrade
|
| Adjusted Funds From Operations (AFFO) | - | - | 91.94 | 82.8 | - | Upgrade
|
| AFFO Per Share | - | - | 1.57 | 1.37 | - | Upgrade
|
| FFO Payout Ratio | - | - | 29.32% | 32.20% | - | Upgrade
|
| Effective Tax Rate | 8.86% | 11.79% | 4.18% | 22.70% | 21.10% | Upgrade
|
Source: S&P Capital IQ. Real Estate template. Financial Sources.