Granite Real Estate Investment Trust (Granite Real Estate Investment Trust) EBIT per Share : $2.36 (TTM As of Dec. 2023)

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What is Granite Real Estate Investment Trust EBIT per Share?

Granite Real Estate Investment Trust's EBIT per Share for the three months ended in Dec. 2023 was $0.65. Its EBIT per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $2.36.

During the past 12 months, the average EBIT per Share Growth Rate of Granite Real Estate Investment Trust was 13.00% per year. During the past 3 years, the average EBIT per Share Growth Rate was 13.70% per year. During the past 5 years, the average EBIT per Share Growth Rate was 9.70% per year. During the past 10 years, the average EBIT per Share Growth Rate was 4.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBIT per Share growth rate using EBIT per Share data.

The historical rank and industry rank for Granite Real Estate Investment Trust's EBIT per Share or its related term are showing as below:

GRP.U' s 3-Year EBIT Growth Rate Range Over the Past 10 Years
Min: -1.4 Med: 5.8 Max: 24.7
Current: 13.7

During the past 13 years, the highest 3-Year average EBIT per Share Growth Rate of Granite Real Estate Investment Trust was 24.70% per year. The lowest was -1.40% per year. And the median was 5.80% per year.

GRP.U's 3-Year EBIT Growth Rate is ranked better than
76.39% of 576 companies
in the REITs industry
Industry Median: 3.3 vs GRP.U: 13.70

Granite Real Estate Investment Trust's EBIT for the three months ended in Dec. 2023 was $41.0 Mil.

Granite Real Estate Investment Trust EBIT per Share Historical Data

The historical data trend for Granite Real Estate Investment Trust's EBIT per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Granite Real Estate Investment Trust EBIT per Share Chart

Granite Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT per Share

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6.36

6.74

18.91

1.59

2.38

Granite Real Estate Investment Trust Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT per Share	Get a 7-Day Free Trial															-1.54	0.21	1.01	0.50	0.65

Granite Real Estate Investment Trust EBIT per Share Calculation

EBIT per Share is the amount of Earnings Before Interest and Taxes (EBIT) per outstanding share of the company's stock.

Earnings Before Interest and Taxes (EBIT) is what the company earns before it expenses interest and taxes.

Granite Real Estate Investment Trust's EBIT per Share for the fiscal year that ended in Dec. 2023 is calculated as

	EBIT per Share		(A: Dec. 2023 )
=	EBIT	/	Shares Outstanding (Diluted Average)
=	150.47	/	63.356
=	2.37

Granite Real Estate Investment Trust's EBIT per Share for the quarter that ended in Dec. 2023 is calculated as

	EBIT per Share		(Q: Dec. 2023 )
=	EBIT	/	Shares Outstanding (Diluted Average)
=	41.043	/	63.356
=	0.65

EBIT per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.36

Granite Real Estate Investment Trust (NYSE:GRP.U) EBIT per Share Explanation

EBIT is a company's earnings before interest and tax expenses are deducted. It measures a company's profit generates from operating, ignoring tax burden and capital structure. As the tax expense are not deducted, EBIT is helpful when comparing companies in the same industry but with different tax situations. Also, the interest expense are included in EBIT, making it useful to compare companies that have high interest expenses due to large amount of debt.

Granite Real Estate Investment Trust EBIT per Share Related Terms

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Granite Real Estate Investment Trust (Granite Real Estate Investment Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Granite Real Estate Investment Trust (NYSE:GRP.U) » Definitions » EBIT per Share

Comparable Companies

Traded in Other Exchanges

4I7:Germany GRT.UN:Canada

Address

77 King Street West, Suite 4010, P.O. Box 159, Toronto-Dominion Centre, Toronto, ON, CAN, M5K 1H1

Website

https://www.granitereit.com

Granite Real Estate Investment Trust, or Granite, is a real estate investment trust engaged in the acquisition, development, ownership and management of of logistics, warehouse and industrial properties in North America and Europe. Granite's portfolio comprises various manufacturing, corporate office, warehouse and logistics, and product engineering facilities. The vast majority of the company's assets are logistics and distribution warehouses and multipurpose buildings split fairly evenly amongst Canadian, Austrian, and U.S. locations. Granite derives nearly all of its revenue in the form of rental income from its properties. The company's tenant is Magna International, an automotive parts and systems manufacturer, which accounts for the majority of Granite's lease income.