Granite Real Estate Investment Trust (GRTUF) Rental Revenue (2011 - 2025)
Granite Real Estate Investment Trust's Rental Revenue came in at $111.18 million for Q3 2025, up 6.9% from $104.02 million a year earlier and up 3.2% from the prior quarter.
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Analysis
Granite Real Estate Investment Trust (GRTUF) Rental Revenue (2011 - 2025) Analysis & Trends
Over the trailing twelve months to Sep 30, 2025, Granite Real Estate Investment Trust reported Rental Revenue of $432.13 million, up 6.8% year-over-year; for FY2024, it came in at $415.34 million, up 7.5% from FY2023.
- Rental Revenue has increased in each of the last seven years, with a five-year compound annual growth rate of 15.1% (FY2019 to FY2024).
- Going back by year, Rental Revenue was $386.33 million in FY2023 (+10.2%), $350.42 million in FY2022 (+11.6%), $313.99 million in FY2021 (+23.6%) and $253.95 million in FY2020 (+23.5%).
- The Q3 2025 figure represents the highest quarterly Rental Revenue in data going back to Q4 2011.
- Year-over-year, Rental Revenue has increased for 11 consecutive quarters, with growth averaging 73.0% over the last eight quarters.
- The fastest year-over-year change in Rental Revenue over five years came in Q4 2023 (growth of 537.5%), and the weakest in Q4 2022 (a decline of 82.1%).
- Business Quant data shows GRTUF's Rental Revenue at $107.75 million (Q2 2025), $107.26 million (Q1 2025) and $105.95 million (Q4 2024) in the three quarters before Q3 2025.
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Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 111.18 Mn |
| Jun 30, 2025 | 107.75 Mn |
| Mar 31, 2025 | 107.26 Mn |
| Dec 31, 2024 | 105.95 Mn |
| Sep 30, 2024 | 104.02 Mn |
| Jun 30, 2024 | 102.21 Mn |
| Mar 31, 2024 | 103.11 Mn |
| Dec 31, 2023 | 95.34 Mn |
| Sep 30, 2023 | 98.09 Mn |
| Jun 30, 2023 | 97.03 Mn |
| Mar 31, 2023 | 95.87 Mn |
| Dec 31, 2022 | 92.53 Mn |
| Sep 30, 2022 | 85.57 Mn |
| Jun 30, 2022 | 86.12 Mn |
| Mar 31, 2022 | 85.74 Mn |
| Dec 31, 2021 | 83.54 Mn |
| Sep 30, 2021 | 78.09 Mn |
| Jun 30, 2021 | 76.47 Mn |
| Mar 31, 2021 | 75.77 Mn |
| Dec 31, 2020 | 71.49 Mn |
API Access
Granite Real Estate Investment Trust Rental Revenue 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=rental-revenue&ticker=GRTUF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "rental-revenue", "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=rental-revenue&ticker=GRTUF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();