Granite Real Estate Investment Trust

As of June 30, 2026, Granite Real Estate Investment Trust carries a market capitalization of 5.88B, placing it among publicly traded companies globally. Its enterprise value stands at 8.85B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Granite Real Estate Investment Trust's next confirmed earnings release is scheduled for November 4, 2026.

As of June 30, 2026, Granite Real Estate Investment Trust has 61.36M shares outstanding.

As of June 30, 2026, Granite Real Estate Investment Trust trades at a trailing price-to-earnings ratio of 14.86. The price-to-sales ratio is 9.07, and the price-to-book ratio stands at 1.02.

As of June 30, 2026, Granite Real Estate Investment Trust trades at an EV/EBITDA multiple of 18.70 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 13.78 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 18.75 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Granite Real Estate Investment Trust trades at an EV/FCF ratio of 21.55, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 8.85B versus a market cap of 5.88B, with the gap driven by net debt and cash on the balance sheet.

As of June 30, 2026, Granite Real Estate Investment Trust maintains a current ratio of 0.18, meaning it holds 0.2x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 52.80, indicating elevated leverage, while an interest coverage ratio of 5.28 demonstrates adequate ability to service its debt obligations.

Over the twelve months ended June 30, 2026, Granite Real Estate Investment Trust posted a return on equity (ROE) of 6.85, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 4.70 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 4.03, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 5.33, useful for judging operating efficiency across full business cycles. The company generates approximately 9.17M in revenue per employee across its workforce of 70.00, a quick read on workforce productivity versus industry peers.

Over the twelve months ended June 30, 2026, Granite Real Estate Investment Trust recorded 52.98M in income tax expense. That works out to an effective tax rate of 11.89, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 445.51M, leaving 391.75M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

As of the close on October 22, 2026, Granite Real Estate Investment Trust's stock has gained approximately 8.34% over the past 52 weeks. The 50-day moving average sits at 86.30, while the 200-day moving average is 89.90.

Over the twelve months ended June 30, 2026, Granite Real Estate Investment Trust generated 641.95M in revenue and converted that into 391.75M in net income, yielding earnings per share of 6.43. EBITDA reached 473.19M, while operating income came in at 472.04M.

As of June 30, 2026, Granite Real Estate Investment Trust holds 94.59M in cash and equivalents against 3.05B in total debt, resulting in a net debt position of 2.93B. Total book value stands at 5.78B, with working capital of -835.95M providing operational flexibility.

Granite Real Estate Investment Trust produced 331.96M in operating cash flow over the twelve months ended June 30, 2026. After subtracting -207,000.00 in capital expenditures, free cash flow totaled 331.75M - equivalent to 5.46 per share.

Over the twelve months ended June 30, 2026, Granite Real Estate Investment Trust posted a gross margin of 82.00, reflecting its pricing power and cost economics. The operating margin of 73.53 and net profit margin of 61.02 provide insight into operational efficiency.

Over the twelve months ended June 30, 2026, Granite Real Estate Investment Trust paid dividends of 3.48 per share. The dividend payout ratio of 53.73 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 5.68, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 5.00, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Granite Real Estate Investment Trust shareholders.

As of June 30, 2026, Granite Real Estate Investment Trust has an Altman Z-Score of 1.28, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.