Granite Real Estate Investment Trust (GRTUF) Debt Ratio (2011 - 2025)
Granite Real Estate Investment Trust's (GRTUF) Debt Ratio was 0.32 for Q3 2025, up 29.1% from 0.25 a year earlier but down 5.1% from the prior quarter.
Powered by 
Analysis
Granite Real Estate Investment Trust (GRTUF) Debt Ratio (2011 - 2025) Analysis & Trends
Dating back to Q4 2011, Granite Real Estate Investment Trust's Debt Ratio record includes 34 quarters.
- By year, Debt Ratio came in at 0.31 in FY2023 (+11.8%), 0.28 in FY2022 (-2.5%), 0.29 in FY2021 (-14.9%) and 0.34 in FY2020 (+32.4%).
- Five-year quarterly Debt Ratio spans a low of 0.00 in Q1 2022 and a high of 0.34 in Q2 2025.
- Year over year, Debt Ratio has now increased in each of the last four quarters, with growth averaging 6.8% over the last seven quarters.
- The high point for year-over-year Debt Ratio in five years was Q1 2023 (growth of 326.1%); the low point was Q1 2022 (a decline of 99.5%).
- Per Business Quant data, the three quarters before Q3 2025 came in at 0.34 (Q2 2025), 0.32 (Q1 2025) and 0.32 (Q4 2024).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 0.32 |
| Jun 30, 2025 | 0.34 |
| Mar 31, 2025 | 0.32 |
| Dec 31, 2024 | 0.32 |
| Sep 30, 2024 | 0.25 |
| Jun 30, 2024 | 0.31 |
| Mar 31, 2024 | 0.31 |
| Dec 31, 2023 | 0.31 |
| Sep 30, 2023 | 0.29 |
| Jun 30, 2023 | 0.29 |
| Mar 31, 2023 | 0.01 |
| Dec 31, 2022 | 0.28 |
| Sep 30, 2022 | 0.00 |
| Jun 30, 2022 | 0.00 |
| Mar 31, 2022 | 0.00 |
| Dec 31, 2021 | 0.28 |
| Sep 30, 2021 | 0.30 |
| Jun 30, 2021 | 0.27 |
| Mar 31, 2021 | 0.29 |
| Dec 31, 2020 | 0.34 |
API Access
Granite Real Estate Investment Trust Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=GRTUF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "GRTUF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=GRTUF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();