Granite Real Estate Investment Trust (GRTUF) Return on Invested Capital [ROIC] (2019 - 2025)
Granite Real Estate Investment Trust (GRTUF) posted Return on Invested Capital [ROIC] of 5.65% for Q3 2025, up 1.54 percentage points from 4.11% a year earlier and up 0.46 percentage points from the prior quarter.
Granite Real Estate Investment Trust (GRTUF) Return on Invested Capital [ROIC] (2019 - 2025) Analysis & Trends
For FY2024, Granite Real Estate Investment Trust's Return on Invested Capital [ROIC] came in at 5.18%, down 0.16 percentage points from FY2023.
- Annual Return on Invested Capital [ROIC] shows a five-year change of -0.09 percentage points (FY2019 to FY2024).
- In prior years, Granite Real Estate Investment Trust's Return on Invested Capital [ROIC] was 5.35% in FY2023 (+0.49 pp), 4.86% in FY2022 (+0.76 pp), 4.10% in FY2021 (-0.50 pp) and 4.60% in FY2020 (-0.67 pp).
- The Q3 2025 figure stands as the highest quarterly Return on Invested Capital [ROIC] in data going back to Q3 2019.
- On a year-over-year basis, Return on Invested Capital [ROIC] has increased in each of the last eight quarters, with an average year-over-year change of +1.07 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Invested Capital [ROIC] in the past five years was Q4 2023, with a gain of 1.65 percentage points; the weakest was Q3 2023, with a drop of 1.43 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior quarters was 5.20% (Q2 2025), 5.22% (Q1 2025) and 5.35% (Q4 2024).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 5.65% |
| Jun 30, 2025 | 5.20% |
| Mar 31, 2025 | 5.22% |
| Dec 31, 2024 | 5.35% |
| Sep 30, 2024 | 5.29% |
| Jun 30, 2024 | 5.32% |
| Mar 31, 2024 | 5.21% |
| Dec 31, 2023 | 5.32% |
| Sep 30, 2023 | 1.88% |
| Jun 30, 2023 | 3.85% |
| Mar 31, 2023 | 4.17% |
| Dec 31, 2022 | 5.75% |
| Sep 30, 2022 | 6.28% |
| Jun 30, 2022 | 5.44% |
| Mar 31, 2022 | 4.37% |
| Dec 31, 2021 | 3.76% |
| Sep 30, 2021 | 3.82% |
| Jun 30, 2021 | 4.06% |
| Mar 31, 2021 | 3.95% |
| Dec 31, 2020 | 4.06% |
Granite Real Estate Investment Trust Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=GRTUF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=GRTUF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();