Granite Real Estate Investment Trust (GRTUF) Interest Expense (in Operating Expenses) (2018 - 2024)
Granite Real Estate Investment Trust (GRTUF) reported Interest Expense (in Operating Expenses) of $16.35 million for Q3 2024.
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Granite Real Estate Investment Trust (GRTUF) Interest Expense (in Operating Expenses) (2018 - 2024) Analysis & Trends
Over the twelve months ended Sep 30, 2024, Granite Real Estate Investment Trust's Interest Expense (in Operating Expenses) came in at $42.28 million; for FY2021, it was $37.68 million, up 40.9% from FY2020.
- Interest Expense (in Operating Expenses) has increased for five consecutive years, with a five-year compound annual growth rate of 20.1% (FY2016 to FY2021).
- By year, Interest Expense (in Operating Expenses) came in at $26.75 million in FY2020 (+18.6%), $22.57 million in FY2019 (+30.4%), $17.31 million in FY2018 (+12.2%) and $15.42 million in FY2017 (+2.1%).
- The Q3 2024 figure ranks as the highest quarterly Interest Expense (in Operating Expenses) in data going back to Q2 2018.
- The high point for year-over-year Interest Expense (in Operating Expenses) in five years was Q4 2020 (growth of 56.0%); the low point was Q1 2020 (a decline of 12.8%).
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Historic Data
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Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 16.35 Mn |
| Mar 31, 2022 | 8.61 Mn |
| Dec 31, 2021 | 9.60 Mn |
| Sep 30, 2021 | 8.50 Mn |
| Jun 30, 2021 | 7.81 Mn |
| Mar 31, 2021 | 11.69 Mn |
| Dec 31, 2020 | 8.31 Mn |
| Sep 30, 2020 | 7.95 Mn |
| Jun 30, 2020 | 5.63 Mn |
| Mar 31, 2020 | 4.96 Mn |
| Dec 31, 2019 | 5.33 Mn |
| Sep 30, 2019 | 5.72 Mn |
| Jun 30, 2019 | 5.83 Mn |
| Mar 31, 2019 | 5.68 Mn |
| Dec 31, 2018 | 4.16 Mn |
| Sep 30, 2018 | 4.55 Mn |
| Jun 30, 2018 | 4.28 Mn |
API Access
Granite Real Estate Investment Trust Interest Expense (in Operating Expenses) 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-expense-in-operating-expenses&ticker=GRTUF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-in-operating-expenses", "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-expense-in-operating-expenses&ticker=GRTUF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();