CDPYF Tax Rate % : 26.45% (As of Sep. 2024)

View and export this data going back to 2009. Start your Free Trial

What is Canadian Apartment Properties Real Estate Investment Trust Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Canadian Apartment Properties Real Estate Investment Trust's Tax Expense for the three months ended in Sep. 2024 was $12.6 Mil. Canadian Apartment Properties Real Estate Investment Trust's Pre-Tax Income for the three months ended in Sep. 2024 was $47.5 Mil. Therefore, Canadian Apartment Properties Real Estate Investment Trust's Tax Rate % for the quarter that ended in Sep. 2024 was 26.45%.

Canadian Apartment Properties Real Estate Investment Trust Tax Rate % Historical Data

The historical data trend for Canadian Apartment Properties Real Estate Investment Trust's Tax Rate % 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.

Canadian Apartment Properties Real Estate Investment Trust Tax Rate % Chart

Canadian Apartment Properties Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

Get a 7-Day Free Trial

1.84

2.99

5.51

-278.51

15.67

Canadian Apartment Properties Real Estate Investment Trust Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Tax Rate %	Get a 7-Day Free Trial															1.37	424.99	1.20	6.33	26.45

Canadian Apartment Properties Real Estate Investment Trust Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Canadian Apartment Properties Real Estate Investment Trust's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	-57.006	/	-363.784
	=	15.67 %

Canadian Apartment Properties Real Estate Investment Trust's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2024 )	/	Pre-Tax Income (Q: Sep. 2024 )
	=	12.577	/	47.547
	=	26.45 %

Canadian Apartment Properties Real Estate Investment Trust Tax Rate % Related Terms

Thank you for viewing the detailed overview of Canadian Apartment Properties Real Estate Investment Trust's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Canadian Apartment Properties Real Estate Investment Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Canadian Apartment Properties Real Estate Investment Trust (OTCPK:CDPYF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

0OJ:Germany CAR.UN:Canada

Address

11 Church Street, Suite 401, Toronto, ON, CAN, M5E 1W1

Website

https://www.capreit.ca

Canadian Apartment Properties Real Estate Investment Trust, or CAPREIT, is a real estate investment trust primarily engaged in the acquisition and leasing of multiunit residential rental properties located near major urban centers across Canada. The company's real estate portfolio is mainly composed of apartments and townhouses situated near public amenities. Most of CAPREIT's holdings are aimed towards the midtier and luxury markets in terms of demographic segments. The company derives nearly all of its income in the form of rental revenue from leasing its properties to tenants. The majority of this revenue comes from assets located in the Greater Toronto and Greater Montreal regions. The buildings in these areas also contain the majority of CAPREIT's total housing units.