Granite Real Estate Investment Trust (GRTUF) Operating Income (2013 - 2025)
Granite Real Estate Investment Trust (GRTUF) posted Operating Income of $92.39 million for Q3 2025, up 5.4% from $87.67 million a year earlier and up 3.7% from the prior quarter.
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Analysis
Granite Real Estate Investment Trust (GRTUF) Operating Income (2013 - 2025) Analysis & Trends
For the trailing twelve months through Sep 30, 2025, Operating Income at Granite Real Estate Investment Trust was $355.81 million, up 35.0% year-over-year; for FY2024, it was $344.74 million, up 6.9% from FY2023.
- Annual Operating Income has increased for seven consecutive years, with a five-year compound annual growth rate of 13.9% (FY2019 to FY2024).
- In prior years, Granite Real Estate Investment Trust's Operating Income was $322.58 million in FY2023 (+10.3%), $292.56 million in FY2022 (+10.2%), $265.46 million in FY2021 (+21.4%) and $218.74 million in FY2020 (+21.8%).
- The Q3 2025 figure stands as the highest quarterly Operating Income in data going back to Q4 2013.
- On a year-over-year basis, Operating Income has increased in each of the last three quarters, with an average decline of 2.8% over the last seven quarters.
- The strongest year-over-year quarter for Operating Income in the past five years was Q1 2021, with growth of 27.2%; the weakest was Q4 2022, with a decline of 82.7%.
- According to Business Quant data, Operating Income for the three prior quarters was $89.06 million (Q2 2025), $87.6 million (Q1 2025) and $86.76 million (Q4 2024).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 92.39 Mn |
| Jun 30, 2025 | 89.06 Mn |
| Mar 31, 2025 | 87.60 Mn |
| Dec 31, 2024 | 86.76 Mn |
| Sep 30, 2024 | 87.67 Mn |
| Jun 30, 2024 | 85.40 Mn |
| Mar 31, 2024 | 84.98 Mn |
| Dec 31, 2023 | 80.80 Mn |
| Sep 30, 2023 | 81.46 Mn |
| Jun 30, 2023 | 80.85 Mn |
| Mar 31, 2023 | 79.48 Mn |
| Dec 31, 2022 | 75.44 Mn |
| Sep 30, 2022 | 72.07 Mn |
| Jun 30, 2022 | 72.79 Mn |
| Mar 31, 2022 | 72.00 Mn |
| Dec 31, 2021 | 68.46 Mn |
| Sep 30, 2021 | 67.13 Mn |
| Jun 30, 2021 | 65.33 Mn |
| Mar 31, 2021 | 64.39 Mn |
| Dec 31, 2020 | 59.40 Mn |
API Access
Granite Real Estate Investment Trust Operating 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=operating-income&ticker=GRTUF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-income&ticker=GRTUF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();