Granite Real Estate Investment Trust (GRTUF) Income before Taxes (2013 - 2025)
Granite Real Estate Investment Trust's EBT was $38.89 million in Q3 2025, down 57.2% from $90.76 million a year earlier and down 49.3% from the prior quarter.
Granite Real Estate Investment Trust (GRTUF) Income before Taxes (2013 - 2025) Analysis & Trends
On a trailing twelve-month basis, Granite Real Estate Investment Trust's EBT was $211.68 million through Sep 30, 2025, down 14.4% year-over-year; for FY2024, it came in at $286.87 million, up 200.0% from FY2023.
- EBT shows a five-year compound annual growth rate of -2.2% (FY2019 to FY2024).
- In earlier years, EBT was $95.62 million in FY2023 (+34.9%), $70.88 million in FY2022 (-94.3%), $1.24 billion in FY2021 (+232.2%) and $372.51 million in FY2020 (+16.3%).
- Quarterly EBT has moved between -$414.98 million (Q4 2022) and $447 million (Q1 2022) over five years.
- Compared with a year earlier, EBT was higher in four of the last six quarters, with growth averaging 77.4%.
- The best year-over-year quarter for EBT over five years was Q2 2021 (growth of 391.3%); the worst was Q1 2023 (a decline of 99.7%).
- Per Business Quant data, GRTUF's EBT in the three quarters before Q3 2025 was $76.67 million (Q2 2025), $32.13 million (Q1 2025) and $64 million (Q4 2024).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 38.89 Mn |
| Jun 30, 2025 | 76.67 Mn |
| Mar 31, 2025 | 32.13 Mn |
| Dec 31, 2024 | 64.00 Mn |
| Sep 30, 2024 | 90.76 Mn |
| Jun 30, 2024 | 61.71 Mn |
| Mar 31, 2024 | 70.66 Mn |
| Dec 31, 2023 | 24.24 Mn |
| Sep 30, 2023 | 19.47 Mn |
| Jun 30, 2023 | 50.72 Mn |
| Mar 31, 2023 | 1.33 Mn |
| Dec 31, 2022 | -109.92 Mn |
| Sep 30, 2022 | -117.08 Mn |
| Jun 30, 2022 | -135.06 Mn |
| Mar 31, 2022 | 447.00 Mn |
| Dec 31, 2021 | 328.52 Mn |
| Sep 30, 2021 | 395.30 Mn |
| Jun 30, 2021 | 301.90 Mn |
| Mar 31, 2021 | 211.83 Mn |
| Dec 31, 2020 | 154.19 Mn |
Granite Real Estate Investment Trust Income before Taxes 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=income-before-taxes&ticker=GRTUF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "income-before-taxes", "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=income-before-taxes&ticker=GRTUF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();