Real Estate Split (TSX:RS) Net Income: C$11.04 Mil (TTM As of Dec. 2025)

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TSX:RS Real Estate Split Corp TSX:RS
80 GF Score
Price C$9.99
GF Value C$11.15
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Real Estate Split Net Income?

Real Estate Split TSX:RS +0.50% 80 Net Income is C$11.04 Mil as of Dec. 2025. GuruFocus rates TSX:RS with a GF Score™ of 80/100 and a GF Value™ of C$11.15 (Modestly Undervalued). The stock has 8 warning signs investors should review.

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Real Estate Split's Net Income for the six months ended in Dec. 2025 was C$-0.87 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2025 was C$11.04 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Real Estate Split's Earnings per Share (Diluted) for the six months ended in Dec. 2025 was C$-0.07.


Real Estate Split  (TSX:RS) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Real Estate Split's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2025 is calculated as

* 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.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Real Estate Split Net Income Related Terms


Real Estate Split Net Income Historical Data

* Premium members only.

The historical data trend for Real Estate Split's Net Income 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.

Real Estate Split Net Income Chart

Real Estate Split Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Income
Get a 7-Day Free Trial 12.30 -17.34 3.81 -7.02 11.04

Real Estate Split Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 3.82 -10.17 3.15 11.91 -0.87
TSX:RS
80GF Score
Real Estate Split Corp TSX:RS
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Real Estate Split Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Real Estate Split's Net Income for the fiscal year that ended in Dec. 2025 is calculated as

Net Income(A: Dec. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=11.707+-0.668+0+-1.7763568394003E-15
=11.04

Real Estate Split's Net Income for the quarter that ended in Dec. 2025 is calculated as

Net Income(Q: Dec. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.372+-0.501+0+0
=-0.87

Net Income for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was C$11.04 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.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of C$11.04 Mil mean?
Real Estate Split (TSX:RS) has a Net Income of C$11.04 Mil as of Dec. 2025. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Real Estate Split and its competitors.
Is Real Estate Split's Net Income too high?
Real Estate Split's current Net Income is C$11.04 Mil. Overall, Real Estate Split has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Real Estate Split's Net Income compare to BLK and BX?
Real Estate Split's Net Income of C$11.04 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for an Asset Management company?
A good Net Income depends on the Asset Management industry context. However, Net Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Real Estate Split and its competitors. Real Estate Split's current Net Income is C$11.04 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Real Estate Split stock overvalued right now?
Based on GuruFocus' analysis, Real Estate Split (TSX:RS) is currently considered Modestly Undervalued. The stock's GF Value™ is C$11.15, compared to a current price of C$9.99 — trading 10.4% below its estimated fair value. The current Net Income is C$11.04 Mil. Real Estate Split's overall GF Score™ is 80/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Real Estate Split (TSX:RS), the current Net Income is C$11.04 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Real Estate Split (TSX:RS) Overvalued in 2026?

Based on GuruFocus' analysis, Real Estate Split stock appears to be undervalued. The current stock price of C$9.99 is trading 10.4% below its estimated GF Value™ of C$11.15. GuruFocus considers Real Estate Split to be Modestly Undervalued.

Key valuation signals for TSX:RS:

  • Net Income: C$11.04 Mil
  • GF Value™: C$11.15 vs. price of C$9.99 (10.4% below fair value)
  • GF Score™: 80/100 with 8 warning signs

No single metric tells the full story. See the TSX:RS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Real Estate Split Business Description

Other Exchanges RS.PR.A.PFD:Canada
Address 8 Spadina Avenue, The Well, Suite 3100, Toronto, ON, CAN, M5V 0S8
Real Estate Split Corp is a mutual fund corporation. Its objective are non-cumulative monthly cash distributions; and the opportunity for capital appreciation through exposure to the portfolio. It provide holders with fixed cumulative preferential quarterly cash distributions; and return the original issue price of $10.00 to holders upon maturity. Its investment solutions are Real Estate, Healthcare, Innovation, Infrastructure, Energy, Income Plus, Global Dividends, Fixed Income.
80GF Score

Get the complete analysis for TSX:RS

Net Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$9.99
Price
C$11.15
GF Value