1. Iceland Stocks

  2. •

    Finance

  3. •

    Real estate investment trusts
Reitir hf.

Reitir hf.

IICE:REITIR
113.00
ISK
-1.25
(-1.09%)
14.35EPS
8.08P/E
77.95BMarket 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
10.82
11.28
11.87
13.75
15.1
16.39
17.09
15.69
15.25
17.86
20.58
23.29
26.32
28.09
Basic EPS, GAAP
10.16
3.26
9.84
3.31
7.94
0.16
4.85
2.86
9.76
0.89
10.22
21.62
16.02
14.36
Free Cash Flow per Basic Share
3.05
1.53
4.99
6.02
6.57
5.82
6.5
4.11
5.76
8.43
9.56
9.98
11.19
10.56
Dividend per Share
- -
- -
- -
1.42
1.46
1.52
1.63
1.6
1
1.75
1.91
2.07
3.71
1.5
Book Value per Share
27.32
52.93
62.82
64.02
69.8
67.99
71.11
67.86
76.56
75.21
83.48
103.32
115.47
114.94
Tangible Book Value per Share
27.32
52.93
62.82
64.02
69.8
67.99
71.11
67.86
76.56
75.21
83.48
103.32
115.47
114.94
Basic Weighted Avg Shares
755
755
752
730
714
697
686
681
777
755
734
706
692
688
Sales/Revenue/Turnover
8,168
8,515
8,927
10,035
10,781
11,421
11,723
10,685
11,850
13,481
15,107
16,442
18,215
19,324
Operating Margin (%)
71.85
70.28
70.18
69.01
67.72
66.6
65.44
63.18
65.35
67.96
67.19
66.73
66.49
67.43
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
7
7
7
9
9
34
42
Net Income, GAAP
7,670
2,458
7,397
2,417
5,671
110
3,324
1,947
7,583
673
7,504
15,266
11,083
9,879
Effective Tax Rate (%)
20.86
28.65
21.59
24.59
20
- -
25.12
30.93
22.14
- -
25.33
21.95
21.22
20.33
Profit Margin (%)
93.9
28.87
82.86
24.09
52.6
0.96
28.35
18.22
63.99
4.99
49.67
92.85
60.85
51.12
Working Capital
-66,513
-1,763
-1,025
4,665
1,638
283
-2,082
-2,222
-4,628
-8,670
-8,739
-3,627
-10,587
-19,730
LT Debt
5,513
53,244
55,108
73,713
75,426
81,392
87,764
85,285
90,395
93,906
104,367
129,520
138,992
141,619
Total Equity
20,618
39,948
46,736
46,156
49,281
46,914
47,644
52,828
58,719
56,104
60,273
72,429
79,099
77,238
Return on Invested Capital (%)
12.63
5.92
10.07
4.84
7.13
- -
5.52
4.4
8.61
- -
4.54
4.47
4.36
4.3
Return on Capital (%)
11.91
5.9
9.27
5.01
7.33
- -
5.65
3.03
8.61
- -
9.42
11.8
8.58
10.44
Return on Common Equity (%)
45.7
8.12
17.07
5.2
11.88
0.23
7.03
3.88
13.6
1.17
12.9
23.01
14.63
13.27

Capital Structure

ISK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
11,456
11,792
21,808
LT Borrowings
132,096
136,113
134,487
LT Finance Leases
6,896
6,896
7,132
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
685
685
672
Market Capitalization
88,365
76,035
77,952

Working Capital

ISK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3,313
2,747
5,798
Cash, Cash Equivalents & STI
964
340
2,446
Accounts Receivable, Net
581
608
1,403
Inventories
- -
- -
- -
Total Current Liabilities
13,900
16,806
25,528
Payables & Accruals
- -
- -
- -
ST Debt
11,456
11,792
21,808
Deferred Revenue
- -
- -
- -

Growth Rates

ISK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.67%
8.7%
9.21%
Free Cash Flow
10.55%
24.52%
9.97%
Net Income, GAAP
413.9%
257.88%
-27.4%
Sales/Revenue/Turnover
7.59%
11.27%
10.78%
Total Cash Common Dividend
- -
25.44%
75.87%

Quarterly Revenue

ISK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,921
4,020
4,182
4,319
16,442
2025
4,305
4,469
4,627
4,814
18,215
2026
4,811
5,072
- -
- -
- -

Quarterly Earnings Per Share

ISK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3.5
9.5
1.6
6.9
21.62
2025
1.6
2.4
4.3
7.74
16.02
2026
1.3
1
- -
- -
- -

Quarterly Dividends Per Share

ISK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.01
- -
- -
- -
2.07
2025
- -
- -
1.48
- -
3.71
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Guðni Aðalsteinsson
Full Time Employees
37
Sector
Finance
Industry
Real estate investment trusts
Address
Kringlunni 4-12 Reykjavík SD Iceland 103
IPO Date
Apr 9, 2015
Website
reitir.is
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Business
Reitir fasteignafélag hf. (REITIR.IC) owns, operates, develops and leases commercial real estate properties primarily in the Reykjavik area of Iceland; its portfolio comprises approximately 460,000 square meters across about 150 properties, including retail spaces such as Kringlan shopping center, office buildings, hotels, industrial facilities and other commercial assets leased to leading companies and public institutions; the company also develops residential apartments and pursues sustainable projects like the 90,000 square meter Korputún business area targeting BREEAM Communities certification for office, retail and service operations. Founded in 2008 and headquartered at Kringlan 4-12, 103 Reykjavik, Iceland, Reitir focuses on long-term tenant relationships and sustainable infrastructure in the real estate sector. Recent developments include signing a construction contract in September 2025 with Þarfaþing hf. for Kringlureit following a letter of intent in August 2025, ongoing share repurchase programs concluding in November 2025, and active development of 140,000 square meters of new commercial space alongside 700 residential units.