Granite Real Estate Investment Trust (GRTUF) Net Income (2011 - 2025)
Granite Real Estate Investment Trust (GRTUF) posted Net Income of $49.42 million for Q3 2025, down 39.7% from $81.99 million a year earlier and down 28.1% from the prior quarter.
Granite Real Estate Investment Trust (GRTUF) Net Income (2011 - 2025) Analysis & Trends
For the trailing twelve months through Sep 30, 2025, Net Income at Granite Real Estate Investment Trust was $209.36 million, down 7.9% year-over-year; for FY2024, it came in at $264.32 million, up 157.5% from FY2023.
- Annual Net Income shows a five-year compound annual growth rate of -1.7% (FY2019 to FY2024).
- In prior years, Granite Real Estate Investment Trust's Net Income was $102.65 million in FY2023 (-14.4%), $119.85 million in FY2022 (-88.5%), $1.05 billion in FY2021 (+225.8%) and $320.93 million in FY2020 (+11.4%).
- Quarterly Net Income has run from a low of -$93.06 million in Q4 2022 to a high of $1.83 billion in Q4 2021 over five years.
- On a year-over-year basis, Net Income increased in five of the last seven quarters, with growth averaging 141.9%.
- The strongest year-over-year quarter for Net Income in the past five years was Q1 2024, with growth of 659.9%; the weakest was Q1 2023, with a decline of 97.8%.
- According to Business Quant data, Net Income for the three prior quarters was $68.7 million (Q2 2025), $30.57 million (Q1 2025) and $60.67 million (Q4 2024).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 49.42 Mn |
| Jun 30, 2025 | 68.70 Mn |
| Mar 31, 2025 | 30.57 Mn |
| Dec 31, 2024 | 60.67 Mn |
| Sep 30, 2024 | 81.99 Mn |
| Jun 30, 2024 | 55.83 Mn |
| Mar 31, 2024 | 65.99 Mn |
| Dec 31, 2023 | 23.51 Mn |
| Sep 30, 2023 | 25.48 Mn |
| Jun 30, 2023 | 45.11 Mn |
| Mar 31, 2023 | 8.68 Mn |
| Dec 31, 2022 | -93.06 Mn |
| Sep 30, 2022 | -71.50 Mn |
| Jun 30, 2022 | -784.34 |
| Mar 31, 2022 | 392.95 Mn |
| Dec 31, 2021 | 1.83 Bn |
| Sep 30, 2021 | 335.06 Mn |
| Jun 30, 2021 | -2,440.58 |
| Mar 31, 2021 | 181.94 Mn |
| Dec 31, 2020 | 128.59 Mn |
Granite Real Estate Investment Trust Net Income 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=net-income&ticker=GRTUF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "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=net-income&ticker=GRTUF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();