Granite Real Estate Investment Trust (FRA:4I70) Tax Rate %: 11.64% (As of Jun. 2026)

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FRA:4I70 Granite Real Estate Investment Trust FRA:4I70
87 GF Score
Price €54.66
GF Value €56.69
! 2 Warning Signs
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What is Granite Real Estate Investment Trust Tax Rate %?

Granite Real Estate Investment Trust FRA:4I70 -0.94% 87 Tax Rate % is 11.64% as of Jun. 2026. GuruFocus rates FRA:4I70 with a GF Score™ of 87/100 and a GF Value™ of €56.69. The stock has 2 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Granite Real Estate Investment Trust's Tax Expense for the three months ended in Jun. 2026 was €5.7 Mil. Granite Real Estate Investment Trust's Pre-Tax Income for the three months ended in Jun. 2026 was €49.1 Mil. Therefore, Granite Real Estate Investment Trust's Tax Rate % for the quarter that ended in Jun. 2026 was 11.64%.

Granite Real Estate Investment Trust Tax Rate % Related Terms

Granite Real Estate Investment Trust Tax Rate % Historical Data

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The historical data trend for Granite 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.

Granite Real Estate Investment Trust Tax Rate % Chart

Granite Real Estate Investment Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.51 -69.08 -7.36 7.86 5.12

Granite Real Estate Investment Trust Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Tax Rate % 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 10.39 -27.08 12.69 12.43 11.64
FRA:4I70
87GF Score
Granite Real Estate Investment Trust FRA:4I70
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Granite Real Estate Investment Trust Tax Rate % Calculation

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

Granite Real Estate Investment Trust's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=11.45/223.669
=5.12 %

Granite Real Estate Investment Trust's Tax Rate % for the quarter that ended in Jun. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2026 )/Pre-Tax Income (Q: Jun. 2026 )
=5.719/49.143
=11.64 %

* 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 Tax Rate % →
What does a Tax Rate % of 11.64% mean?
Granite Real Estate Investment Trust (FRA:4I70) has a Tax Rate % of 11.64% as of Jun. 2026.
Is Granite Real Estate Investment Trust's Tax Rate % too high?
Granite Real Estate Investment Trust's current Tax Rate % is 11.64%. Overall, Granite Real Estate Investment Trust has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.
How does Granite Real Estate Investment Trust's Tax Rate % compare to PLD and PSA?
Granite Real Estate Investment Trust's Tax Rate % of 11.64% can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a REITs company?
A good Tax Rate % depends on the REITs industry context. However, Tax Rate % 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 Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Granite Real Estate Investment Trust's current Tax Rate % is 11.64%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Granite Real Estate Investment Trust stock overvalued right now?
Granite Real Estate Investment Trust (FRA:4I70) has a current Tax Rate % of 11.64%. The stock's GF Value™ is €56.69, compared to a current price of €54.66 — trading 3.6% below its estimated fair value. The current Tax Rate % is 11.64%. Granite Real Estate Investment Trust's overall GF Score™ is 87/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Granite Real Estate Investment Trust (FRA:4I70), the current Tax Rate % is 11.64% as of Jun. 2026. 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 Granite Real Estate Investment Trust (FRA:4I70) Overvalued in 2026?

Based on GuruFocus' analysis, Granite Real Estate Investment Trust stock appears to be undervalued. The current stock price of €54.66 is trading 3.6% below its estimated GF Value™ of €56.69.

Key valuation signals for FRA:4I70:

  • Tax Rate %: 11.64%
  • GF Value™: €56.69 vs. price of €54.66 (3.6% below fair value)
  • GF Score™: 87/100 with 2 warning signs

No single metric tells the full story. See the FRA:4I70 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Granite Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges GRTUF:USAGRT.UN:Canada
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 logistics, warehouse, and industrial properties in North America and Europe. Granite's portfolio comprises various manufacturing, corporate office, warehouse, 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.
87GF Score

Get the complete analysis for FRA:4I70

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

€54.66
Price
€56.69
GF Value