OTC · Real estate

Granite Real Estate Investment Trust (GRTUF)

Granite Real Estate Investment Trust reported revenue of CA$569.1M in fiscal 2024, up 9.2% from a year earlier. Net income was CA$360.6M, a net margin of 63.4%. At December 31, 2024 it held CA$126.2M in cash against CA$3.1B of debt. Its latest periodic report to the SEC is the annual report (Canadian issuer) (40-F) filed on February 26, 2025.

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Price

$60.06

+2.60% on the day · September 25, 2026

52-week range $50.00 to $72.03

Revenue (FY2024)

CA$569.1M

+9.2% year on year

Net margin

63.4%

What Granite Real Estate Investment Trust does

Granite Real Estate Investment Trust is registered with the SEC under industry code SIC 6798 (Real Estate Investment Trusts). Its shares trade on OTC under the ticker GRTUF.

Revenue and profit by year

Revenue

Net income

Fiscal years as reported in annual reports. Amounts in CAD.

Key figures

Fiscal year	Revenue	Operating income	Net income	Diluted EPS	Free cash flow
2024	CA$569.1M	CA$472M	CA$360.6M	n/a	n/a
2023	CA$521.3M	CA$435.2M	CA$136.7M	n/a	CA$312.9M
2022	CA$455.6M	CA$380.4M	CA$155.8M	n/a	CA$276.7M
2021	CA$393.5M	CA$332.7M	CA$1.3B	n/a	CA$261.7M
2020	CA$340.2M	CA$293M	CA$429.8M	n/a	CA$247.6M
2019	CA$273.7M	CA$238.3M	CA$382.1M	n/a	CA$183.3M

Full financial statements: income, balance sheet and cash flow

Where GRTUF ranks in Real estate

Revenue growth+9.2%

#60 of 205 in Real estate · Top 29%

Net margin63.4%

#8 of 208 in Real estate · Top 3%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Real estate

Dividends

It paid out CA$208.4M in cash dividends, 58% of its net income.

Fiscal year	Per share	Paid out	Of profit
2024	n/a	CA$208.4M	58%
2023	n/a	CA$204.4M	150%
2022	n/a	CA$202.3M	130%
2021	n/a	CA$192.8M	15%
2020	n/a	CA$165.6M	39%
2019	n/a	CA$139.5M	37%

Per share as declared (or paid, where only that is reported), adjusted for stock splits the company itself restated. Yield is the latest fiscal year's dividend over the current price.

Latest SEC filings

What Granite Real Estate Investment Trust has filed recently, newest first. Each links to the original document on SEC EDGAR.

May 1, 2026
Passive stake changed SCHEDULE 13G/A
January 5, 2026
Form 15F-12B filing 15F-12B
January 5, 2026
Form S-8 POS filing S-8 POS
December 22, 2025
Form 25 filing 25
December 17, 2025
Foreign issuer update 6-K
December 12, 2025
Foreign issuer update 6-K
December 10, 2025
Foreign issuer update 6-K
December 2, 2025
Passive stake (5% or more) SCHEDULE 13G
November 14, 2025
Foreign issuer update 6-K
November 5, 2025
Foreign issuer update 6-K

Who owns GRTUF

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

Holder	Of class	Shares	Filed
1832 Asset Management L.P.13G, passive with 1 related filers	6.9%	4,164,702	May 1, 2026

Latest filings below 5%: CIBC Global Asset Management Inc. 4.91% (August 14, 2025).

Largest institutional holders

No Form 13F positions imported for this company yet.

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

We have not read this company's Form 4 filings yet.

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about GRTUF

What does Granite Real Estate Investment Trust do?

Granite Real Estate Investment Trust is registered with the SEC under industry code SIC 6798 (Real Estate Investment Trusts). Its shares trade on OTC under the ticker GRTUF.

Is Granite Real Estate Investment Trust profitable?

Yes. In fiscal 2024 it reported net income of CA$360.6M on revenue of CA$569.1M, a net margin of 63.4%.

How much revenue does Granite Real Estate Investment Trust make?

In fiscal 2024 Granite Real Estate Investment Trust reported revenue of CA$569.1M. That is 9.2% more than a year earlier.

When did Granite Real Estate Investment Trust last report?

Its most recent periodic report is the annual report (Canadian issuer) (40-F) filed on February 26, 2025. It covers the period to December 31, 2024. Its newest filing of any kind is the passive stake changed from May 1, 2026.

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Where the numbers come from

Financial figures are the values Granite Real Estate Investment Trust tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.