Nexus Industrial REIT

Nexus Industrial REIT

EFRTF
Nexus Industrial REITUS flagOther OTC
5.72
USD
-0.12
- -
411.00MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.91
1.21
1.4
1.72
1.67
2.33
2.35
2.19
1.09
1.56
1.69
1.87
1.8
1.83
Basic EPS, GAAP
-0.47
1.29
0.68
1.17
0.71
1.68
1.66
1.26
1.22
1.38
1.72
0.97
0.61
0.61
Free Cash Flow per Basic Share
-1.24
0.58
0.78
1.02
0.52
0.84
0.91
0.87
0.32
0.47
0.55
0.41
0.44
0.58
Dividend per Share
- -
0.46
0.55
0.59
0.44
0.58
0.56
0.53
0.27
0.39
0.4
0.44
0.47
0.47
Book Value per Share
6.31
8.21
8.1
8.59
8.37
9.41
10.31
10.71
8.96
9.96
10.73
11.28
11.17
11.46
Tangible Book Value per Share
6.7
8.21
8.1
8.59
8.37
9.41
10.31
10.71
8.96
9.96
10.73
11.28
11.17
11.46
Basic Weighted Avg Shares
1
7
9
9
22
23
26
28
77
88
93
94
97
96
Sales/Revenue/Turnover
1
9
12
15
37
54
60
61
84
137
158
176
175
176
Operating Margin (%)
-70.54
68.16
69.63
71.29
60.2
57.11
57.89
58.24
61.15
65.12
65.54
67.19
69.04
69.41
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
- -
9
6
10
16
39
42
35
94
121
160
91
60
59
Effective Tax Rate (%)
- -
- -
- -
0.15
0.17
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-51.48
107.08
48.43
68.01
42.4
71.79
70.63
57.4
111.94
88.15
101.51
51.73
34.04
33.24
Working Capital
1
-1
-1
-2
-19
-123
-38
-16
10
-25
-284
-244
-246
-219
LT Debt
3
57
82
84
225
158
256
308
621
757
1,066
1,136
1,199
1,223
Total Equity
5
58
69
77
186
218
263
300
689
873
1,000
1,062
1,083
1,104
Return on Invested Capital (%)
- -
- -
- -
6.98
7.52
6.63
6.51
5.92
5.08
5.81
5.31
5.24
5.14
5.12
Return on Capital (%)
- -
- -
- -
8.67
7.5
10.47
10.13
7.66
10.81
9.78
10.37
6.43
4.75
4.67
Return on Common Equity (%)
-14.9
29.31
9.08
14.33
11.94
19.23
17.61
12.52
18.91
15.48
17.09
8.81
5.55
5.35

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
109
106
104
LT Borrowings
1,165
1,188
1,213
LT Finance Leases
11
11
10
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
97
97
97
Market Capitalization
738
756
713

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
87
100
122
Cash, Cash Equivalents & STI
14
6
18
Accounts Receivable, Net
4
5
7
Inventories
- -
- -
- -
Total Current Liabilities
344
346
341
Payables & Accruals
31
15
31
ST Debt
109
106
104
Deferred Revenue
- -
5
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
38.4%
35.9%
2.03%
Free Cash Flow
23.52%
15.75%
10.73%
Net Income, GAAP
41.95%
29.88%
-34.48%
Sales/Revenue/Turnover
35.43%
25.24%
-0.43%
Total Cash Common Dividend
28.09%
26.85%
9.49%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
42
44
46
45
176
2025
45
42
43
45
175
2026
46
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.77
0.46
-0.49
0.53
0.97
2025
0.35
-0.08
0.04
0.32
0.61
2026
0.33
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.39
0.1
0.12
0.12
0.44
2025
0.12
0.12
0.12
0.12
0.47
2026
0.12
- -
- -
- -
- -

Company Description

APIChat
CEO
Kelly Clark Hanczyk
Full Time Employees
19
Sector
Real Estate
Industry
REIT - Industrial
Address
855 – 2nd avenue south west Calgary AB Canada T2P 4J8
IPO Date
May 23, 2014
Business
Nexus Industrial REIT is a growth-oriented, Canada-based real estate investment trust focused on increasing unitholder value through the acquisition, ownership, management, and development of high-quality industrial properties located in primary and secondary markets across Canada; its portfolio comprises approximately 89 properties totaling 11.7 million square feet of gross leasable area, with units trading on the Toronto Stock Exchange under the symbol NXR.UN and over-the-counter as EFRTF. The REIT offers industrial real estate assets including warehouses, distribution centers, and manufacturing facilities leased to diverse tenants, alongside ongoing development projects such as a 325,000 square foot expansion in St. Thomas, Ontario, and a 115,000 square foot small-bay industrial complex in Calgary, Alberta, which are projected to add $6.6 million in annual stabilized net operating income upon completion in the third quarter of 2025. Founded in 2012 and headquartered at 105-586 Argus Road in Oakville, Ontario, Nexus targets institutional and corporate tenants in key Canadian provinces with potential expansion into select U.S. markets. In 2025, the REIT completed its transition to a pure-play industrial portfolio by divesting 15 legacy retail properties, one legacy office property, and several non-core industrial assets for total proceeds exceeding $62 million; it also enhanced its unsecured credit facilities by $160 million to $785 million, extending maturities to 2027 and 2028 while boosting net operating income by 1.7% year-over-year to $32.2 million through accretive acquisitions and 2.8% growth in industrial same-property NOI.

Company News

APIChat
  • Nexus Industrial REIT Q1 Earnings Call Highlights

  • Nexus Industrial REIT (NXR.UN:CA) Q1 2026 Earnings Call Transcript

  • Nexus Industrial REIT Announces First Quarter 2026 Financial Results

  • Nexus Industrial REIT Completes $500 Million Inaugural Unsecured Debenture Offering

  • Nexus Industrial REIT Announces First Quarter 2026 Results Date

  • Nexus Industrial REIT Announces $500 Million Inaugural Unsecured Debenture Offering

  • Nexus Industrial REIT (NXR.UN:CA) Q4 2025 Earnings Call Transcript

  • Nexus Industrial REIT Announces Fourth Quarter and Year End 2025 Financial Results

  • Nexus Industrial REIT: The Future Is Cautiously Bright

  • Nexus Industrial REIT Announces Fourth Quarter and Year-End 2025 Results Date

  • Nexus Industrial REIT Announces the Acquisition of Two Montreal Industrial Buildings

  • Nexus Industrial REIT Releases Its Sustainability Plan

  • Nexus Industrial REIT Announces January and February 2026 Distributions

  • Nexus Industrial REIT (NXR.UN:CA) Q3 2025 Earnings Call Transcript

  • Nexus Industrial REIT Announces Third Quarter 2025 Financial Results

  • Nexus Industrial's Dividend Remains At Risk With An AFFO Payout Ratio Of Nearly 100%

  • Nexus Industrial REIT Announces Third Quarter Results Date

  • Nexus Industrial REIT: This Big Yield Continues To Get Safer

  • Nexus Industrial REIT (EFRTF) Q2 2025 Earnings Call Transcript

  • Nexus Industrial REIT Announces Second Quarter 2025 Financial Results