United States was Granite Real Estate Investment Trust’s largest region in fiscal 2024, bringing in $314.18M of $569.14M (55%).
| Geography | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|---|---|---|---|---|---|
| United States | $203.27M | $251.75M | $296.52M | $314.18M | |||||
| Canada | $65.54M | $75.93M | $80.46M | $96.59M | |||||
| Austria | $64.99M | $59.52M | $63.83M | $73.52M | |||||
| Germany | $27.08M | $31.82M | $38.80M | $41.05M | |||||
| Netherlands | $27.54M | $34.95M | $41.65M | $43.80M | |||||
| Other Europe | $5.06M | $1.61M | — | — | |||||
| Total | $393.49M | $455.58M | $521.25M | $569.14M |
Granite Real Estate Investment Trust brought in $569.14M from its five regions in fiscal 2024, the year ended December 31, 2024. That was up 9.2% from $521.25M in fiscal 2023. United States was the largest at $314.18M (55.2%), ahead of Canada at $96.59M (17.0%) and Austria at $73.52M (12.9%). The other two regions brought in $84.85M combined.
Compared with fiscal 2023, Canada grew fastest, up 20.1% to $96.59M. Every region above 2% of revenue grew.
Granite Real Estate Investment Trust stopped reporting Other Europe as a separate region after fiscal 2022, when it brought in $1.61M.
Segment Geographical Groups Of Countries Group One was Granite Real Estate Investment Trust’s largest region in fiscal 2012, bringing in $75.87M of $181.12M (42%).
| Geography | FY 2010 | FY 2011 | FY 2012 |
|---|---|---|---|
| Segment Geographical Groups Of Countries Group One | $75.63M | $77.89M | $75.87M |
| Ca | $58.98M | $60.15M | $61.32M |
| Us | $32.16M | $30.76M | $31.63M |
| Mx | $12.35M | $12.14M | $12.30M |
| Total | $179.12M | $180.94M | $181.12M |
Granite Real Estate Investment Trust brought in $181.12M from its four regions in fiscal 2012, the year ended December 31, 2012. That was up 0.1% from $180.94M in fiscal 2011. Segment Geographical Groups Of Countries Group One was the largest at $75.87M (41.9%), ahead of Ca at $61.32M (33.9%) and Us at $31.63M (17.5%). The remaining region, Mx, brought in $12.30M.
Compared with fiscal 2011, Us grew fastest, up 2.8% to $31.63M, while Segment Geographical Groups Of Countries Group One fell the most, down 2.6% to $75.87M. From fiscal 2010 to 2012, combined revenue from these regions grew from $179.12M to $181.12M, a compound annual growth rate of 0.6%. Segment Geographical Groups Of Countries Group One's share held steady at about 41.9%.
Scenario Previously Reported was Granite Real Estate Investment Trust’s largest revenue line in fiscal 2011, bringing in $182.95M of $180.94M (101%).
| Statement Scenario | FY 2010 | FY 2011 |
|---|---|---|
| Scenario Previously Reported | $173.89M | $182.95M |
| Scenario Adjustment | $5.23M | -$2.01M |
| Total | $179.12M | $180.94M |
Granite Real Estate Investment Trust brought in $180.94M from its two revenue lines in fiscal 2011, the year ended December 31, 2011. That was up 1.0% from $179.12M in fiscal 2010. Scenario Previously Reported was the largest at $182.95M (101.1%).
The total is net of Scenario Adjustment, which took $2.01M off revenue in fiscal 2011.
Granite Real Estate Investment Trust (GRTUF) reports its revenue by geography and by statement scenario. In fiscal 2024, United States was its largest region, bringing in $314.18M (55.2% of the total), followed by Canada at $96.59M (17.0%).
United States was Granite Real Estate Investment Trust's largest region in fiscal 2024, bringing in $314.18M, or 55.2% of the $569.14M total across its five regions.
Scenario Previously Reported was Granite Real Estate Investment Trust's largest revenue line in fiscal 2011, bringing in $182.95M, or 101.1% of the $180.94M total across its two revenue lines.
Among Granite Real Estate Investment Trust's regions that make up at least 2% of revenue, Canada grew fastest in fiscal 2024, up 20.1% from $80.46M to $96.59M.
Every figure comes from Granite Real Estate Investment Trust's annual financial filings, as reported. Each line keeps the name Granite Real Estate Investment Trust gives it, and years follow its fiscal calendar.
Granite Real Estate Investment Trust's revenue by geography goes back to fiscal 2016, with figures through fiscal 2024. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.