Company
Granite Real Estate Investment Trust
Headquarters: Toronto, ON, Canada
CEO: Mr. Kevan S. Gorrie ICD.D, P. Eng
Market Cap
C$4.27 Billion
CAD as of July 1, 2025
US$3.13 Billion
Granite Real Estate Investment Trust Categories
Canada Real Estate REIT—IndustrialCanada Real Estate Canada REIT—Industrial
Top Competitors by Market Capitalization
Industry: REIT—Industrial
| Company | Market Cap (USD) |
|---|---|
| Prologis, Inc. | $100.50 B |
| Public Storage | $52.12 B |
| Extra Space Storage Inc. | $33.87 B |
| Duke Realty Corporation | $19.44 B |
| SEGRO plc | $12.85 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| American Tower | $103.81 B |
| Prologis, Inc. | $100.50 B |
| Welltower Inc. | $98.56 B |
| Equinix, Inc. (REIT) | $77.78 B |
| Simon Property Group, Inc. | $62.88 B |
Detailed Description
Granite is a Canadian-based REIT engaged in the acquisition, development, ownership and management of logistics, warehouse and industrial properties in North America and Europe. Granite owns 108 investment properties representing approximately 45.3 million square feet of leasable area.
Financials
| Last Financial Reports Date | March 31, 2025 |
| Revenue TTM | C$583.6 M |
| EBITDA | C$451.9 M |
| Gross Profit TTM | C$481.8 M |
| Profit Margin | 54.04% |
| Operating Margin | 75.44% |
| Quarterly Revenue Growth | 10.70% |
Stocks & Indices
Granite Real Estate Investment Trust has the following listings and related stock indices.
Stock: TSX: GRT.UN wb_incandescent
Key People
Kelly Marshall, Chairman of the Board, Kevan Gorrie, President and Chief Executive Officer