Granite Real Estate Investment Trust (GRTUF) Net Margin (2013 - 2025)
Granite Real Estate Investment Trust's Net Margin was 44.45% in Q3 2025, down 34.20 percentage points from 78.65% a year earlier and down 19.18 percentage points from the prior quarter.
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Analysis
Granite Real Estate Investment Trust (GRTUF) Net Margin (2013 - 2025) Analysis & Trends
On a trailing twelve-month basis, Granite Real Estate Investment Trust's Net Margin was 48.18% through Sep 30, 2025, down 7.79 percentage points year-over-year; for FY2024, it was 63.36%, up 37.14 percentage points from FY2023.
- Net Margin shows a five-year change of -76.25 percentage points (FY2019 to FY2024).
- In earlier years, Net Margin was 26.22% in FY2023 (-7.97 pp), 34.19% in FY2022 (-298.71 pp), 332.90% in FY2021 (+206.56 pp) and 126.34% in FY2020 (-13.27 pp).
- Quarterly Net Margin has moved between -2303.45% (Q4 2022) and 429.09% (Q3 2021) over five years.
- Compared with a year earlier, Net Margin was higher in five of the last seven quarters, with an average year-over-year change of +337.12 percentage points.
- The best year-over-year quarter for Net Margin over five years was Q4 2023 (a gain of 2327.64 percentage points); the worst was Q4 2022 (a drop of 2627.26 percentage points).
- Per Business Quant data, GRTUF's Net Margin in the three quarters before Q3 2025 was 63.63% (Q2 2025), 28.38% (Q1 2025) and 56.55% (Q4 2024).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 44.45% |
| Jun 30, 2025 | 63.63% |
| Mar 31, 2025 | 28.38% |
| Dec 31, 2024 | 35.68% |
| Sep 30, 2024 | 78.65% |
| Jun 30, 2024 | 54.31% |
| Mar 31, 2024 | 64.13% |
| Dec 31, 2023 | 24.19% |
| Sep 30, 2023 | 26.01% |
| Jun 30, 2023 | 46.50% |
| Mar 31, 2023 | 9.10% |
| Dec 31, 2022 | -100.56% |
| Sep 30, 2022 | -83.60% |
| Jun 30, 2022 | -111.38% |
| Mar 31, 2022 | 458.29% |
| Dec 31, 2021 | 324.12% |
| Sep 30, 2021 | 429.09% |
| Jun 30, 2021 | 337.23% |
| Mar 31, 2021 | 240.04% |
| Dec 31, 2020 | 179.83% |
API Access
Granite Real Estate Investment Trust Net Margin 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-margin&ticker=GRTUF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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-margin&ticker=GRTUF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();