Granite Real Estate Investment Trust (GRTUF) Interest Coverage Ratio (2018 - 2025)
Granite Real Estate Investment Trust's (GRTUF) Interest Coverage Ratio came in at 5.19 for Q3 2025, down 3.3% from 5.36 a year earlier but up 0.9% from the prior quarter.
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Analysis
Granite Real Estate Investment Trust (GRTUF) Interest Coverage Ratio (2018 - 2025) Analysis & Trends
For the trailing twelve months through Sep 30, 2025, Interest Coverage Ratio at Granite Real Estate Investment Trust was 5.18, up 28.7% year-over-year; for FY2024, it was 5.25, down 5.0% from FY2023.
- In prior years, Granite Real Estate Investment Trust's Interest Coverage Ratio was 5.53 in FY2023 (-25.9%), 7.46 in FY2022 (+5.9%), 7.04 in FY2021 (-13.8%) and 8.18 in FY2020 (+2.7%).
- Quarterly Interest Coverage Ratio has run from a low of 0.33 in Q4 2023 to a high of 8.67 in Q2 2022 over five years.
- On a year-over-year basis, Interest Coverage Ratio increased in 1 of the last seven quarters, with an average decline of 17.5%.
- The strongest year-over-year quarter for Interest Coverage Ratio in the past five years was Q1 2022, with growth of 51.8%; the weakest was Q4 2023, with a decline of 90.5%.
- According to Business Quant data, Interest Coverage Ratio for the three prior quarters was 5.14 (Q2 2025), 5.33 (Q1 2025) and 5.09 (Q4 2024).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 5.19 |
| Jun 30, 2025 | 5.14 |
| Mar 31, 2025 | 5.33 |
| Dec 31, 2024 | 5.09 |
| Sep 30, 2024 | 5.36 |
| Jun 30, 2024 | 5.26 |
| Mar 31, 2024 | 5.29 |
| Dec 31, 2023 | 4.80 |
| Sep 30, 2023 | 5.80 |
| Jun 30, 2023 | 5.65 |
| Mar 31, 2023 | 6.04 |
| Dec 31, 2022 | 6.13 |
| Sep 30, 2022 | 7.40 |
| Jun 30, 2022 | 8.67 |
| Mar 31, 2022 | 8.37 |
| Dec 31, 2021 | 7.13 |
| Sep 30, 2021 | 7.90 |
| Jun 30, 2021 | 8.36 |
| Mar 31, 2021 | 5.51 |
| Dec 31, 2020 | 7.14 |
API Access
Granite Real Estate Investment Trust Interest Coverage 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=interest-coverage-ratio&ticker=GRTUF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-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=interest-coverage-ratio&ticker=GRTUF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();