Accessibility Menu
Granite Real Estate Investment Trust logo

Granite Real Estate Investment Trust(TSX) GRT.UN

Current PriceCA$98.08
Market CapN/AMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2024)+32%
5 Year+14%
1 Year+33%
1 Month+2%
Granite Real Estate Investment Trust last closing stock price
MetricPriceDate
Last closeCAD 98.102026-07-27
Granite Real Estate Investment Trust stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-1.33%CAD 99.422026-07-20
1 month+1.74%CAD 96.422026-06-26
3 month+7.06%CAD 91.632026-04-28
Year to date+20.06%CAD 81.712025-12-31
1 year+33.41%CAD 73.532025-07-25
3 year+25.66%CAD 78.072023-07-28
5 year+13.87%CAD 86.152021-07-28
Since inception+31.88%CAD 74.052024-10-03

Granite Real Estate Investment Trust Financials at a Glance

Market Cap

N/AMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

CA$629.87M

Net Income (TTM)

CA$389.74M

EPS (TTM)

CA$0.00

P/E Ratio

0.00

Dividend

CA$0.00

Beta (Volatility)

0.00 (Low)

Price

CA$98.08

Volume

23,548

Open

CA$98.01

Previous Close

CA$97.66

Daily Range

CA$97.82 - CA$98.70

52-Week Range

CA$72.21 - CA$101.50

Estimated Earnings Date

Aug 5, 2026

GRT.UN News

No articles available.

Motley Fool Moneyball Superscore

Our CEO Is Handing Members His Secret Weapon

It's called Motley Fool Moneyball, our new proprietary AI tool

We spent over half a million dollars in R&D to build a tool that makes stock research faster, sharper, and smarter. Our analysts use it every day, and now, you can too.

Get Access Now

About Granite Real Estate Investment Trust

Granite Real Estate Investment Trust is a Canada-based real estate investment trust focused on acquiring, developing, managing, and owning industrial, logistics, and warehouse properties. The company operates across North America and Europe, boasting a portfolio of 108 investment properties with approximately 45.3 million square feet of leasable space.

Products and Services
  • Acquisition and management of industrial properties
  • Development of logistics and warehouse facilities
  • Property management services across North America and Europe
Growth Outlook
  • Recent revenue growth of 2.6% year-over-year in Q1 2026
  • Strong demand for logistics space supports future expansion
  • Strategic acquisitions planned to enhance portfolio diversity
Financial Highlights
  • Q1 2026 net income of CAD 91.2 million, reflecting a 5.5% increase
  • Trailing twelve months (TTM) dividend yield of 3.60%
  • Operating income margin of 73.7% in Q1 2026, indicating strong profitability
Granite Real Estate Investment Trust has established itself as a key player in the industrial real estate sector, with a focus on high-demand logistics properties. The company's recent financial performance demonstrates resilience and growth potential, particularly in light of increasing demand for warehouse space driven by e-commerce and supply chain needs. The strategic focus on acquisitions and property management positions Granite for continued success in a competitive market. With a solid dividend yield and strong operating margins, the company presents an attractive opportunity for investors interested in the industrial real estate sector.
AI Generated • Jul 10, 2026

Industry

Industrial REITs

Headquarters

Toronto, ON M5K 1H1, CA

GRT.UN Financials

Key Financial Metrics (TTM)

Gross Margin

82.16%

Operating Margin

74.50%

Net Income Margin

61.88%

Return on Equity

7.08%

Return on Capital

5.24%

Return on Assets

4.03%

Earnings Yield

N/A

Dividend Yield

0.00%

Payout Ratio

53.59%

Stock Overview

Market Cap

N/AMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

0

Volume

23.55K

Avg. Volume

0

Financials (TTM)

Gross Profit

CA$517.51M

Operating Income

CA$469.25M

EBITDA

CA$513.85M

Operating Cash Flow

CA$376.73M

Capital Expenditure

-CA$159.00K

Free Cash Flow

CA$376.57M

Cash & ST Invst.

CA$94.22M

Total Debt

CA$3.11B

Granite Real Estate Investment Trust Performance Analysis

Granite Real Estate Investment Trust sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22025-06-30-3.5%
Q32025-09-302.5%
Q42025-12-315.7%
Q12026-03-312.5%
Granite Real Estate Investment Trust sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22025-06-30121.4%
Q32025-09-30-28.4%
Q42025-12-31100.0%
Q12026-03-31-32.4%

Revenue Growth Rate

Annual and quarterly growth comparison

Currently no data to display.

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Currently no data to display.

Quarterly Performance

Name
Q1 2026YOY CHG

Revenue

CA$165.83M

+7.2%

Gross Profit

CA$134.27M

+6.9%

Gross Margin

80.97%

N/A

Market Cap

N/AMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

N/A

N/A

Employees

70

N/A

Net Income

CA$91.25M

+108.1%

EBITDA

CA$126.62M

+83.4%

Quarterly Fundamentals

Name
Q1 2026YOY CHG

Total Cash

CA$94.22M

-23.4%

Total Debt

CA$3.11B

-0.6%

Accounts Receivable

CA$12.36M

+7.3%

Inventory

CA$0.00

N/A

Long Term Debt

CA$2.81B

-10.2%

Short Term Debt

CA$300.77M

+15565.2%

Return on Assets

4.03%

N/A

Return on Invested Capital

5.01%

N/A

Free Cash Flow

CA$97.56M

-10.4%

Operating Cash Flow

CA$97.56M

-10.4%

Other Investments to Explore

People Also Watch

Symbol / CompanyPricePrice Chg
DIR-UN.TODream Industrial Real Estate Investment Trust
CA$14.62-0.24%
CHP-UN.TOChoice Properties Real Estate Investment Trust
CA$15.96+0.19%
FCR-UN.TOFirst Capital Real Estate Investment Trust
CA$22.92+0.09%
REI-UN.TORioCan Real Estate Investment Trust
CA$22.58-0.13%

Trending Stocks

Symbol / CompanyPricePrice Chg
NVDGraniteShares ETF Trust - GraniteShares 2x ShortDA Daily ETF
$5.28+0.11%
TSLLDirexion Shares ETF Trust - Direxion Daily Tsla Bull 2x Shares
$7.16-0.04%
TQQQProShares Trust - ProShares UltraPro Qqq
$62.15-0.03%
BMNRBitmine Immersion Technologies
$17.52+0.11%

Questions About GRT.UN

What is the current price of Granite Real Estate Investment Trust?

Granite Real Estate Investment Trust is trading at CA$98.08 per share.

What is the 52-week range for Granite Real Estate Investment Trust?

Over the past 52 weeks, Granite Real Estate Investment Trust has traded between CA$72.21 and CA$101.50.

How much debt does Granite Real Estate Investment Trust have?

Granite Real Estate Investment Trust total debt is unavailable.

How much cash does Granite Real Estate Investment Trust have on hand?

Granite Real Estate Investment Trust does not have cash on hand data available.

What is Granite Real Estate Investment Trust’s dividend yield?

Granite Real Estate Investment Trust does not currently have a dividend yield.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.