Granite Real Estate Investment Trust (GRTUF) Tax Rate (2018 - 2025)
Granite Real Estate Investment Trust (GRTUF) posted Tax Rate of 10.39% for Q2 2025, up 0.85 percentage points from 9.54% a year earlier and up 4.94 percentage points from the prior quarter.
Granite Real Estate Investment Trust (GRTUF) Tax Rate (2018 - 2025) Analysis & Trends
For FY2024, Granite Real Estate Investment Trust's Tax Rate came in at 7.86%.
- Annual Tax Rate shows a five-year change of -2.18 percentage points (FY2019 to FY2024).
- In prior years, Granite Real Estate Investment Trust's Tax Rate was 15.51% in FY2021 (+1.67 pp) and 13.85% in FY2020 (+3.80 pp).
- The Q2 2025 figure stands as the highest quarterly Tax Rate since Q2 2023.
- On a year-over-year basis, Tax Rate increased in two of the last four quarters, with an average year-over-year change of +0.07 percentage points.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q4 2021, with a gain of 24.38 percentage points; the weakest was Q4 2020, with a drop of 7.74 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was 5.45% (Q1 2025), 5.15% (Q4 2024) and 9.69% (Q3 2024).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2025 | 10.39% |
| Mar 31, 2025 | 5.45% |
| Dec 31, 2024 | 5.15% |
| Sep 30, 2024 | 9.69% |
| Jun 30, 2024 | 9.54% |
| Mar 31, 2024 | 6.62% |
| Dec 31, 2023 | 3.03% |
| Jun 30, 2023 | 11.05% |
| Mar 31, 2022 | 12.10% |
| Dec 31, 2021 | 17.58% |
| Sep 30, 2021 | 15.23% |
| Jun 30, 2021 | 14.58% |
| Mar 31, 2021 | 14.14% |
| Dec 31, 2020 | 31.62% |
| Sep 30, 2020 | 12.11% |
| Jun 30, 2020 | 11.15% |
| Mar 31, 2020 | 12.46% |
| Dec 31, 2019 | 39.35% |
| Sep 30, 2019 | 9.62% |
| Jun 30, 2019 | 12.04% |
Granite Real Estate Investment Trust Tax Rate 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=tax-rate&ticker=GRTUF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=GRTUF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();