Granite Real Estate Investment Trust (Granite Real Estate Investment Trust) 3-Year FCF Growth Rate : 7.20% (As of Dec. 2023)

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

What is Granite Real Estate Investment Trust 3-Year FCF Growth Rate?

Granite Real Estate Investment Trust's Free Cash Flow per Share for the three months ended in Dec. 2023 was $0.89.

During the past 12 months, Granite Real Estate Investment Trust's average Free Cash Flow per Share Growth Rate was 13.70% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 7.20% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was 12.90% per year. During the past 10 years, the average Free Cash Flow per Share Growth Rate was 11.80% 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 average Free Cash Flow per Share growth rate.

During the past 13 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of Granite Real Estate Investment Trust was 45.10% per year. The lowest was -130.50% per year. And the median was 13.50% per year.

Competitive Comparison of Granite Real Estate Investment Trust's 3-Year FCF Growth Rate

For the REIT - Industrial subindustry, Granite Real Estate Investment Trust's 3-Year FCF Growth Rate, along with its competitors' market caps and 3-Year FCF Growth Rate 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 3-Year FCF Growth Rate Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Granite Real Estate Investment Trust's 3-Year FCF Growth Rate distribution charts can be found below:

* The bar in red indicates where Granite Real Estate Investment Trust's 3-Year FCF Growth Rate falls into.

Granite Real Estate Investment Trust 3-Year FCF Growth Rate Calculation

This is the 3-year average growth rate of Free Cash Flow per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

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 average Free Cash Flow per Share growth rate.

Granite Real Estate Investment Trust (NYSE:GRP.U) 3-Year FCF Growth Rate Explanation

Free Cash Flow per Share is the amount of Free Cash Flow per outstanding share of the company's stock. Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company. It's used in the calculation of Forward Rate of Return (Yacktman) %.

Granite Real Estate Investment Trust 3-Year FCF Growth Rate Related Terms

Thank you for viewing the detailed overview of Granite Real Estate Investment Trust's 3-Year FCF Growth Rate 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

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Granite Real Estate Investment Trust (NYSE:GRP.U) » Definitions » 3-Year FCF Growth Rate

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.