Slate Grocery REIT

Slate Grocery REIT

SRRTF
Slate Grocery REITUS flagOther OTC
12.20
USD
+0.05
- -
721.72MMarket 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
0.93
2.32
3.14
3.07
2.7
3.16
3.45
2.66
2.35
2.94
3.43
3.54
3.6
3.63
Basic EPS, GAAP
- -
0.93
0.99
0.82
1.22
-0.15
0.75
0.87
1.55
2.13
0.23
0.67
0.73
0.74
Free Cash Flow per Basic Share
0.2
0.55
1.31
1.23
0.86
0.93
1.08
0.83
0.86
0.98
1.29
1.2
1.13
1.18
Dividend per Share
0.1
0.51
0.78
0.82
0.77
0.82
0.92
0.77
0.75
0.86
0.87
0.86
0.86
0.85
Book Value per Share
- -
2.55
0.91
-0.18
0.94
9.58
10.15
10.09
10.78
12.09
11.5
11.31
11.13
10.95
Tangible Book Value per Share
0.05
1.19
0.86
-0.09
1.09
9.59
9.84
9.56
10.61
15.42
14.63
14.44
14.11
13.92
Basic Weighted Avg Shares
14
18
25
32
44
46
41
47
59
60
59
59
59
60
Sales/Revenue/Turnover
13
41
80
97
119
144
141
126
138
177
203
209
213
220
Operating Margin (%)
61.21
67.46
68.29
66.52
68.57
65.53
64.01
65.69
65.9
63.86
61.43
61.99
62.03
61.53
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
- -
17
25
26
54
-7
31
41
91
129
14
40
43
45
Effective Tax Rate (%)
90.52
47.34
41.55
30.69
- -
- -
23.7
25.33
28.16
19.59
6.01
13.73
10.55
13.06
Profit Margin (%)
- -
40.15
31.62
26.9
45.12
-4.78
21.79
32.71
65.72
72.57
6.69
18.97
20.33
20.45
Working Capital
10
13
8
7
8
-2
-88
6
-13
-79
-300
-43
-71
11
LT Debt
105
368
579
623
880
869
709
721
929
1,040
860
1,121
1,225
1,295
Total Equity
1
21
22
-3
48
438
403
453
624
931
867
854
836
841
Return on Invested Capital (%)
0.59
5.94
6.41
7.31
- -
- -
5.52
5.22
4.78
5.03
5.74
5.53
5.7
5.65
Return on Capital (%)
-0.48
6.94
6.65
6.37
- -
- -
4.71
4.8
7.7
8.33
3.35
4.27
4.38
4.36
Return on Common Equity (%)
- -
73.13
73.4
- -
- -
-2.88
7.22
9.23
16.35
18.89
1.93
5.87
6.53
6.75

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
8
78
8
LT Borrowings
1,189
1,225
1,295
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
59
59
59
Market Capitalization
626
670
650

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
54
59
74
Cash, Cash Equivalents & STI
19
22
25
Accounts Receivable, Net
5
10
8
Inventories
- -
- -
- -
Total Current Liabilities
63
131
63
Payables & Accruals
40
36
39
ST Debt
8
78
8
Deferred Revenue
7
8
8

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-95.03%
15.31%
-2.09%
Free Cash Flow
8.2%
12.39%
-5.65%
Net Income, GAAP
-24.32%
54.73%
9.38%
Sales/Revenue/Turnover
11.01%
11.48%
2.02%
Total Cash Common Dividend
10.73%
7.49%
0.05%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
52
52
52
53
209
2025
53
52
53
55
213
2026
59
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.17
0.17
0.13
- -
0.67
2025
0.21
0.18
0.14
- -
0.73
2026
0.24
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.21
0.21
0.21
- -
0.86
2025
0.21
0.21
0.21
- -
0.86
2026
0.21
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Blair Welch
Full Time Employees
85
Sector
Real Estate
Industry
REIT - Industrial
Address
121 King Street West Toronto ON Canada M5H 3T9
IPO Date
Aug 15, 2024
Business
Slate Grocery REIT Slate Grocery REIT (SRRTF) is a Canada-based, unincorporated open-ended real estate investment trust that acquires, owns, operates and leases a portfolio of U.S. grocery-anchored commercial real estate properties, consisting of approximately 116 high-quality neighborhood and community shopping centers totaling over 15 million square feet across 23 states in major U.S. metro markets with strong demographics; the portfolio, valued at about $2.4 billion, is 100% anchored by leading national grocers including Kroger, Walmart, Publix, Ahold Delhaize and Albertsons, generating resilient cash flows through long-term leases with strong credit tenants essential to everyday community needs such as in-store, click-and-collect and home delivery distribution. Headquartered in Toronto, Ontario, and founded in 2012 under the management of Slate Asset Management, a global alternative investment platform, the REIT targets the defensive retail segment with properties concentrated in high-growth Sunbelt regions like Florida, North Carolina and Georgia, serving institutional unitholders seeking durable income and capital appreciation potential. Recent developments include the renewal of its normal course issuer bid in February 2025 authorizing the repurchase of up to Class U Units for cancellation through January 2026 to enhance unitholder value; the release of solid Q3 2025 earnings reflecting strong leasing spreads and net operating income growth; a 2023 expansion of its property management partnership with DLC Management to oversee 13 additional grocery-anchored centers in six states; successful refinancing of $633.5 million in debt amid tight credit conditions as reported in 2024 results; and earlier strategic moves such as the 2022 $551 million acquisition of a 14-property portfolio financed partly by a $180 million joint venture investment from Slate North American Essential Real Estate Income Fund, significantly boosting Sunbelt exposure and establishing a long-term private equity capital source.

Company News

APIChatGPT
  • Slate Grocery REIT Announces Distribution for the Month of June 2026

  • Slate Grocery REIT Special Committee to Review Strategic Alternatives

  • Slate Grocery REIT Announces Distribution for the Month of May 2026

  • Slate Grocery REIT Announces Voting Results from 2026 Annual and Special Meeting of Unitholders

  • Slate Grocery REIT (SGR.UN:CA) Shareholder/Analyst Call Prepared Remarks Transcript

  • Slate Grocery REIT Reports First Quarter 2026 Results

  • Slate Grocery REIT Announces Distribution for the Month of April 2026

  • Slate Grocery REIT to Release First Quarter 2026 Financial Results

  • Get A Generous Yield And Upside Potential With Slate Grocery REIT

  • Slate Grocery REIT Announces Distribution for the Month of March 2026

  • Slate Grocery REIT (OTCMKTS:SRRTF) Short Interest Update

  • Slate Grocery REIT (SGR.UN:CA) Q4 2025 Earnings Call Transcript

  • Slate Grocery REIT Reports Fourth Quarter and Year End 2025 Results

  • Slate Grocery REIT Announces Distribution for the Month of January 2026

  • Slate Grocery REIT to Release Fourth Quarter and Year End 2025 Financial Results

  • Slate Grocery REIT Announces Distribution for the Month of December 2025

  • Slate Grocery REIT: My Top 1 REIT For Monthly Passive Income

  • Slate Grocery REIT Announces Distribution for the Month of November 2025

  • Slate Grocery REIT (SGR.UN:CA) Q3 2025 Earnings Call Transcript

  • Slate Grocery REIT Reports Third Quarter 2025 Results