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

Granite Real Estate Investment Trust (Granite Real Estate Investment Trust) Revenue : $386.8 Mil (TTM As of Dec. 2023)


View and export this data going back to 2003. Start your Free Trial

What is Granite Real Estate Investment Trust Revenue?

Granite Real Estate Investment Trust's revenue for the three months ended in Dec. 2023 was $96.8 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $386.8 Mil. Granite Real Estate Investment Trust's Revenue per Share for the three months ended in Dec. 2023 was $1.53. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $6.07.

During the past 12 months, the average Revenue per Share Growth Rate of Granite Real Estate Investment Trust was 15.00% per year. During the past 3 years, the average Revenue per Share Growth Rate was 14.30% per year. During the past 5 years, the average Revenue per Share Growth Rate was 9.60% per year. During the past 10 years, the average Revenue per Share Growth Rate was 6.10% 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 other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, Granite Real Estate Investment Trust's highest 3-Year average Revenue per Share Growth Rate was 14.30% per year. The lowest was -42.30% per year. And the median was 2.20% per year.


Granite Real Estate Investment Trust Revenue Historical Data

The historical data trend for Granite Real Estate Investment Trust's Revenue 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 Revenue Chart

Granite Real Estate Investment Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 207.82 265.59 307.41 335.35 388.53

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
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 92.47 94.72 98.10 97.16 96.79

Competitive Comparison of Granite Real Estate Investment Trust's Revenue

For the REIT - Industrial subindustry, Granite Real Estate Investment Trust's Revenue, along with its competitors' market caps and Revenue 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 Revenue Distribution in the REITs Industry

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

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



Granite Real Estate Investment Trust Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue 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 $386.8 Mil.

* 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.


Granite Real Estate Investment Trust  (NYSE:GRP.U) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Granite Real Estate Investment Trust Revenue Related Terms

Thank you for viewing the detailed overview of Granite Real Estate Investment Trust's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


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

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

Granite Real Estate Investment Trust (Granite Real Estate Investment Trust) Headlines

From GuruFocus

Granite REIT Declares Distribution for April 2023

By Business Wire Business Wire 04-17-2023

Granite REIT Declares Distribution for August 2022

By Business Wire Business Wire 08-17-2022

Granite REIT Declares Distribution for October 2023

By Business Wire 10-17-2023

Granite REIT Declares Distribution for May 2023

By Business Wire Business Wire 05-17-2023

Granite REIT Declares Distribution for June 2022

By Business Wire Business Wire 06-17-2022