Granite Real Estate Investment Trust (GRTUF) Noncontrolling Interests (2013 - 2025)
Granite Real Estate Investment Trust (GRTUF) posted Minority Interest of $6.25 million for Q3 2025, up 18.8% from $5.26 million a year earlier and up 1.9% from the prior quarter.
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Analysis
Granite Real Estate Investment Trust (GRTUF) Noncontrolling Interests (2013 - 2025) Analysis & Trends
At the end of FY2024, Granite Real Estate Investment Trust's Minority Interest came in at $5.85 million, up 15.7% from FY2023.
- Annual Minority Interest has increased for seven consecutive years, with a five-year compound annual growth rate of 31.2% (FY2019 to FY2024).
- In prior years, Granite Real Estate Investment Trust's Minority Interest was $5.06 million in FY2023 (+37.8%), $3.67 million in FY2022 (+62.3%), $2.26 million in FY2021 (+33.4%) and $1.69 million in FY2020 (+12.5%).
- The Q3 2025 figure stands as the highest quarterly Minority Interest since Q4 2015.
- On a year-over-year basis, Minority Interest has increased in each of the last six quarters, with growth averaging 19.9% over the last eight quarters.
- The strongest year-over-year quarter for Minority Interest in the past five years was Q3 2022, with growth of 82.2%; the weakest was Q1 2024, with a decline of 5.3%.
- According to Business Quant data, Minority Interest for the three prior quarters was $6.13 million (Q2 2025), $6.15 million (Q1 2025) and $5.85 million (Q4 2024).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 6.25 Mn |
| Jun 30, 2025 | 6.13 Mn |
| Mar 31, 2025 | 6.15 Mn |
| Dec 31, 2024 | 5.85 Mn |
| Sep 30, 2024 | 5.26 Mn |
| Jun 30, 2024 | 5.06 Mn |
| Mar 31, 2024 | 4.93 Mn |
| Dec 31, 2023 | 5.06 Mn |
| Sep 30, 2023 | 4.59 Mn |
| Jun 30, 2023 | 3.84 Mn |
| Mar 31, 2023 | 5.21 Mn |
| Dec 31, 2022 | 3.67 Mn |
| Sep 30, 2022 | 3.24 Mn |
| Jun 30, 2022 | 2.70 Mn |
| Mar 31, 2022 | 2.89 Mn |
| Dec 31, 2021 | 2.26 Mn |
| Sep 30, 2021 | 1.78 Mn |
| Jun 30, 2021 | 1.75 Mn |
| Mar 31, 2021 | 1.76 Mn |
| Dec 31, 2020 | 1.69 Mn |
API Access
Granite Real Estate Investment Trust Noncontrolling Interests 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=noncontrolling-interests&ticker=GRTUF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "noncontrolling-interests", "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=noncontrolling-interests&ticker=GRTUF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();