Granite Real Estate Overview
- Status
-
Public
- Employees
-
69

- Stock Symbol
-
GRT.UN

- Investments
-
1
- Share Price
-
$47.92
- (As of Friday Closing)
Granite Real Estate General Information
Description
Granite Real Estate Investment Trust, or Granite, is a real estate investment trust engaged in the acquisition, development, ownership and management of of logistics, warehouse and industrial properties in North America and Europe. Granite's portfolio comprises various manufacturing, corporate office, warehouse and logistics, and product engineering facilities. The vast majority of the company's assets are logistics and distribution warehouses and multipurpose buildings split fairly evenly amongst Canadian, Austrian, and U.S. locations. Granite derives nearly all of its revenue in the form of rental income from its properties. The company's tenant is Magna International, an automotive parts and systems manufacturer, which accounts for the majority of Granite's lease income.
Contact Information
Website
www.granitereit.comCorporate Office
- 77 King Street West
- Suite 4010, P.O. Box 159
- Toronto, Ontario M5K 1H1
- Canada
Corporate Office
- 77 King Street West
- Suite 4010, P.O. Box 159
- Toronto, Ontario M5K 1H1
- Canada
Granite Real Estate Stock Performance
As of 14-Feb-2025, Granite Real Estate’s stock price is $47.92. Its current market cap is $3.01B with 62.7M shares.
(As of Friday Closing)
Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
---|---|---|---|---|---|---|
$47.92 | $47.63 | $44.94 - $61.04 | $3.01B | 62.7M | 109K | $3.59 |
Granite Real Estate Financials Summary
As of 30-Sep-2024, Granite Real Estate has a trailing 12-month revenue of $405M.
In Thousands, USD |
TTM 30-Sep-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 |
---|---|---|---|---|
EV | 6,007,151 | 5,856,788 | 5,297,966 | 6,748,280 |
Revenue | 404,852 | 385,971 | 349,657 | 313,719 |
EBITDA | 305,067 | 144,714 | 105,388 | 1,266,428 |
Net Income | 226,453 | 101,194 | 119,552 | 1,044,382 |
Total Assets | 6,896,375 | 6,834,296 | 6,837,868 | 6,718,873 |
Total Debt | 2,311,971 | 2,336,170 | 2,261,076 | 1,927,814 |
Granite Real Estate Valuation & Funding
Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
---|
Granite Real Estate Comparisons
Industry
Financing
Details
Granite Real Estate Competitors (1)
One of Granite Real Estate’s competitors is STAG Industrial, a Formerly PE-Backed company based in Boston, MA.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
STAG Industrial | Formerly PE-Backed | Boston, MA |
Granite Real Estate Signals
Granite Real Estate Acquisitions (1)
Granite Real Estate’s most recent deal was a Merger/Acquisition with The Maryland Jockey Club. The deal was made on 01-Jul-2010.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
The Maryland Jockey Club | 01-Jul-2010 | Merger/Acquisition | Leisure Facilities |
Granite Real Estate ESG
Risk Overview
Risk Rating
Updated May, 31, 2024
12.13 | Low Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 15,120
Rank
Percentile

Real Estate
Industry
of 1,010
Rank
Percentile

REITs
Subindustry
of 427
Rank
Percentile

Granite Real Estate Exits (1)
Granite Real Estate’s most recent exit was on 01-Jul-2010 from The Maryland Jockey Club. The exit was categorized as with 2 buyers.
Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
---|---|---|---|---|---|
The Maryland Jockey Club | 01-Jul-2010 | Completed |
|
Granite Real Estate FAQs
-
Where is Granite Real Estate headquartered?
Granite Real Estate is headquartered in Toronto, Canada.
-
What is the size of Granite Real Estate?
Granite Real Estate has 69 total employees.
-
What industry is Granite Real Estate in?
Granite Real Estate’s primary industry is Buildings and Property.
-
Is Granite Real Estate a private or public company?
Granite Real Estate is a Public company.
-
What is Granite Real Estate’s stock symbol?
The ticker symbol for Granite Real Estate is GRT.UN.
-
What is the current stock price of Granite Real Estate?
As of 14-Feb-2025 the stock price of Granite Real Estate is $47.92.
-
What is the current market cap of Granite Real Estate?
The current market capitalization of Granite Real Estate is $3.01B.
-
What is Granite Real Estate’s current revenue?
The trailing twelve month revenue for Granite Real Estate is $405M.
-
Who are Granite Real Estate’s competitors?
STAG Industrial is a competitor of Granite Real Estate.
-
What is Granite Real Estate’s annual earnings per share (EPS)?
Granite Real Estate’s EPS for 12 months was $3.59.
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