Granite Real Estate Investment Trust (Granite Real Estate Investment Trust) FCF Yield % : 7.11 (As of Apr. 28, 2024)

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What is Granite Real Estate Investment Trust FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Granite Real Estate Investment Trust's Trailing 12-Month Free Cash Flow is $232.0 Mil, and Market Cap is $3,222.3 Mil. Therefore, Granite Real Estate Investment Trust's FCF Yield % for today is 7.11%.

The historical rank and industry rank for Granite Real Estate Investment Trust's FCF Yield % or its related term are showing as below:

GRP.U' s FCF Yield % Range Over the Past 10 Years
Min: 2.28 Med: 4.94 Max: 8.39
Current: 7.11

During the past 13 years, the highest FCF Yield % of Granite Real Estate Investment Trust was 8.39%. The lowest was 2.28%. And the median was 4.94%.

GRP.U's FCF Yield % is ranked better than
53.07% of 863 companies
in the REITs industry
Industry Median: 6.65 vs GRP.U: 7.11

Granite Real Estate Investment Trust's FCF Margin % for the quarter that ended in Dec. 2023 was 58.46%.

Granite Real Estate Investment Trust FCF Yield % Historical Data

The historical data trend for Granite Real Estate Investment Trust's FCF Yield % 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 FCF Yield % Chart

Granite Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

FCF Yield %

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4.24

5.12

3.74

6.27

6.38

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
FCF Yield %	Get a 7-Day Free Trial															5.94	6.22	5.43	7.45	6.19

Competitive Comparison of Granite Real Estate Investment Trust's FCF Yield %

For the REIT - Industrial subindustry, Granite Real Estate Investment Trust's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Granite Real Estate Investment Trust's FCF Yield % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Granite Real Estate Investment Trust's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Granite Real Estate Investment Trust's FCF Yield % falls into.

Granite Real Estate Investment Trust FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Granite Real Estate Investment Trust's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	233.226	/	3656.263218
	=	6.38%

Granite Real Estate Investment Trust's annualized FCF Yield % for the quarter that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	56.584	*	4	/	3656.263218
	=	6.19%

Granite Real Estate Investment Trust FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.

Granite Real Estate Investment Trust FCF Yield % 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 » FCF Yield %

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.