Granite Financial Statements From 2010 to 2024

GRP-UN Stock  USD 52.83  0.04  0.08%   
Granite Real financial statements provide useful quarterly and yearly information to potential Granite Real Estate investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Granite Real financial statements helps investors assess Granite Real's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Granite Real's valuation are summarized below:
Gross Profit
380.4 M
Profit Margin
0.5594
Market Capitalization
3.3 B
Enterprise Value Revenue
13.8463
Revenue
550.9 M
We have found one hundred twenty available fundamental trends for Granite Real Estate, which can be analyzed and compared to other ratios and to its competitors. Self-guided Investors are advised to confirm Granite Real's regular fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 25th of November 2024, Market Cap is likely to grow to about 4.6 B. Also, Enterprise Value is likely to grow to about 7.4 B

Granite Real Total Revenue

422.43 Million

Check Granite Real financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Granite Real's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.2 M, Interest Expense of 76.5 M or Selling General Administrative of 45.8 M, as well as many indicators such as Price To Sales Ratio of 5.18, Dividend Yield of 0.0325 or PTB Ratio of 0.78. Granite financial statements analysis is a perfect complement when working with Granite Real Valuation or Volatility modules.
  
Check out the analysis of Granite Real Correlation against competitors.

Granite Real Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets9.5 B9.1 B4.7 B
Slightly volatile
Short and Long Term Debt Total3.3 B3.1 B1.3 B
Slightly volatile
Total Current Liabilities221.7 M384.5 M176 M
Slightly volatile
Total Stockholder Equity5.5 B5.3 B2.9 B
Slightly volatile
Property Plant And Equipment Net9.2 B8.8 B1.3 B
Slightly volatile
Net Debt3.1 BB1.1 B
Slightly volatile
Accounts Payable10.8 M11.4 M13.6 M
Slightly volatile
Cash230 M116.1 M232.5 M
Slightly volatile
Non Current Assets Total9.4 B8.9 B4.4 B
Slightly volatile
Other Assets160.3 M83 M89.1 M
Pretty Stable
Cash And Short Term Investments230 M116.1 M232.5 M
Slightly volatile
Net Receivables11.6 M12.2 M11.9 M
Slightly volatile
Common Stock Shares Outstanding54.7 M63.4 M51.6 M
Slightly volatile
Liabilities And Stockholders Equity9.5 B9.1 B4.7 B
Slightly volatile
Non Current Liabilities Total3.6 B3.4 B1.6 B
Slightly volatile
Total LiabilitiesB3.8 B1.8 B
Slightly volatile
Property Plant And Equipment Gross2.8 MM402.6 M
Very volatile
Total Current Assets144.1 M151.7 M284.2 M
Slightly volatile
Current Deferred Revenue18.7 M17.8 M9.9 M
Slightly volatile
Other Current Assets13.6 M14.4 M46.4 M
Pretty Stable
Short Term Debt257.1 M244.9 M99.5 M
Slightly volatile
Common Stock Total Equity2.3 B3.6 B2.4 B
Slightly volatile
Common Stock2.6 B3.3 B2.4 B
Slightly volatile
Other Liabilities389.1 M641 M310.5 M
Slightly volatile
Net Tangible Assets3.5 B6.3 B2.8 B
Slightly volatile
Long Term Debt1.7 B2.8 B1.2 B
Slightly volatile
Property Plant Equipment5.2 B10.1 B4.1 B
Slightly volatile
Net Invested Capital6.5 B8.3 B4.5 B
Slightly volatile
Capital Stock3.3 B3.3 B2.5 B
Slightly volatile

Granite Real Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization1.2 M1.3 M27.8 M
Pretty Stable
Selling General Administrative45.8 M40.4 M33.6 M
Very volatile
Total Revenue422.4 M521.2 M317.2 M
Slightly volatile
Gross Profit254.6 M435.2 M280.6 M
Very volatile
Other Operating Expenses120.1 M126.5 M110.8 M
Slightly volatile
Operating Income414.5 M394.8 M209.9 M
Slightly volatile
EBIT412.2 M392.5 M192.7 M
Slightly volatile
EBITDA413.5 M393.8 M220.5 M
Slightly volatile
Total Operating Expenses38.4 M40.4 M79.9 M
Slightly volatile
Income Before Tax194.9 M129 M313.5 M
Slightly volatile
Net Income193.2 M136.7 M291.6 M
Slightly volatile
Cost Of Revenue81.7 M86 M83.7 M
Slightly volatile
Net Income From Continuing Ops131.6 M138.5 M300 M
Slightly volatile
Net Income Applicable To Common Shares170.2 M179.1 M305.2 M
Slightly volatile
Interest Income8.1 M7.7 M2.5 M
Slightly volatile
Reconciled Depreciation1.1 M1.3 M687.2 K
Slightly volatile

Granite Real Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow231.2 M135.1 M230.9 M
Slightly volatile
Depreciation1.2 M1.3 M10.4 M
Slightly volatile
Capital Expenditures270.8 K285 K35.1 M
Slightly volatile
Total Cash From Operating Activities328.8 M313.2 M188.2 M
Slightly volatile
Net Income196.6 M138.5 M287.1 M
Slightly volatile
End Period Cash Flow110.3 M116.1 M225.1 M
Slightly volatile
Dividends Paid104.8 M203.9 M122.1 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio5.189.27159.5225
Slightly volatile
Dividend Yield0.03250.04220.0429
Very volatile
PTB Ratio0.780.91581.1267
Slightly volatile
Days Sales Outstanding17.629.129712.6251
Slightly volatile
Book Value Per Share87.5783.396453.5956
Slightly volatile
Operating Cash Flow Per Share5.194.94323.5023
Slightly volatile
Average Payables15.8 M16.7 M25.7 M
Slightly volatile
Capex To Depreciation0.210.224143.7986
Very volatile
PB Ratio0.780.91581.1267
Slightly volatile
EV To Sales15.7414.994412.9235
Slightly volatile
ROIC0.05330.05080.053
Very volatile
Inventory Turnover13.659.51254.6909
Very volatile
Net Income Per Share2.632.15715.3958
Slightly volatile
Days Of Inventory On Hand40.0638.370652.5799
Slightly volatile
Payables Turnover4.337.54494.1909
Slightly volatile
Sales General And Administrative To Revenue0.130.07760.1184
Slightly volatile
Average Inventory39 M37.2 M17.2 M
Slightly volatile
Capex To Revenue5.0E-45.0E-40.122
Slightly volatile
Cash Per Share3.51.83974.7533
Slightly volatile
POCF Ratio18.7415.431316.1499
Slightly volatile
Capex To Operating Cash Flow9.0E-49.0E-40.2501
Slightly volatile
Days Payables Outstanding45.9648.377178
Slightly volatile
Income Quality2.372.26131.2047
Very volatile
ROE0.05140.02590.1057
Very volatile
EV To Operating Cash Flow23.8624.956220.7545
Slightly volatile
PE Ratio37.1335.36319.2838
Very volatile
Return On Tangible Assets0.01410.01490.0676
Pretty Stable
Earnings Yield0.0430.02830.0919
Pretty Stable
Net Debt To EBITDA15.4214.68445.0773
Slightly volatile
Current Ratio0.370.39452.2937
Very volatile
Tangible Book Value Per Share89.3885.120654.1255
Slightly volatile
Receivables Turnover35.2639.979355.1289
Very volatile
Graham Number42.6663.5872.5694
Slightly volatile
Shareholders Equity Per Share87.4683.290853.2746
Slightly volatile
Debt To Equity0.610.5810.3948
Slightly volatile
Capex Per Share0.00430.00450.7339
Slightly volatile
Average Receivables72.9 M54.3 M52.3 M
Very volatile
Revenue Per Share11.888.22736.353
Pretty Stable
Interest Debt Per Share52.0249.543223.9646
Slightly volatile
Debt To Assets0.360.33820.25
Slightly volatile
Enterprise Value Over EBITDA40.438.474420.9315
Slightly volatile
Short Term Coverage Ratios1.221.28282.0131
Slightly volatile
Price Earnings Ratio37.1335.36319.2838
Very volatile
Operating Cycle45.0547.500363.6658
Slightly volatile
Price Book Value Ratio0.780.91581.1267
Slightly volatile
Days Of Payables Outstanding45.9648.377178
Slightly volatile
Price To Operating Cash Flows Ratio18.7415.431316.1499
Slightly volatile
Pretax Profit Margin0.240.24751.0456
Pretty Stable
Ebt Per Ebit0.340.32681.5127
Very volatile
Operating Profit Margin0.80.75740.6807
Slightly volatile
Company Equity Multiplier1.241.71811.5145
Slightly volatile
Long Term Debt To Capitalization0.180.34840.2524
Slightly volatile
Total Debt To Capitalization0.190.36750.2628
Slightly volatile
Return On Capital Employed0.04770.04550.0501
Pretty Stable
Debt Equity Ratio0.610.5810.3948
Slightly volatile
Ebit Per Revenue0.80.75740.6807
Slightly volatile
Quick Ratio0.350.3712.2587
Very volatile
Dividend Paid And Capex Coverage Ratio0.81.53371.0942
Pretty Stable
Net Income Per E B T1.421.05931.1337
Very volatile
Cash Ratio0.290.3021.8459
Very volatile
Operating Cash Flow Sales Ratio0.340.60080.593
Pretty Stable
Days Of Inventory Outstanding40.0638.370652.5799
Slightly volatile
Days Of Sales Outstanding17.629.129712.6251
Slightly volatile
Cash Flow Coverage Ratios0.0970.10210.245
Slightly volatile
Price To Book Ratio0.780.91581.1267
Slightly volatile
Fixed Asset Turnover242166499
Slightly volatile
Capital Expenditure Coverage Ratio1.2 K1.1 K210
Slightly volatile
Price Cash Flow Ratio18.7415.431316.1499
Slightly volatile
Enterprise Value Multiple40.438.474420.9315
Slightly volatile
Debt Ratio0.360.33820.25
Slightly volatile
Cash Flow To Debt Ratio0.0970.10210.245
Slightly volatile
Price Sales Ratio5.189.27159.5225
Slightly volatile
Return On Assets0.01430.01510.0677
Pretty Stable
Asset Turnover0.05460.05750.0898
Slightly volatile
Net Profit Margin0.480.26221.0026
Pretty Stable
Gross Profit Margin0.550.8350.8469
Very volatile
Price Fair Value0.780.91581.1267
Slightly volatile
Return On Equity0.05140.02590.1057
Very volatile

Granite Real Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap4.6 B4.3 B3.1 B
Slightly volatile
Enterprise Value7.4 BB4.7 B
Slightly volatile

Granite Fundamental Market Drivers

Forward Price Earnings12.8041
Cash And Short Term Investments116.1 M

About Granite Real Financial Statements

Granite Real investors utilize fundamental indicators, such as revenue or net income, to predict how Granite Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue17.8 M18.7 M
Total Revenue521.2 M422.4 M
Cost Of Revenue86 M81.7 M
Stock Based Compensation To Revenue 0.02  0.01 
Sales General And Administrative To Revenue 0.08  0.13 
Revenue Per Share 8.23  11.88 
Ebit Per Revenue 0.76  0.80 

Pair Trading with Granite Real

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Granite Real position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Granite Real will appreciate offsetting losses from the drop in the long position's value.

Moving against Granite Stock

  0.72CBL CBL Associates PropertiesPairCorr
  0.56UE Urban Edge PropertiesPairCorr
  0.31DOUG Douglas EllimanPairCorr
The ability to find closely correlated positions to Granite Real could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Granite Real when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Granite Real - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Granite Real Estate to buy it.
The correlation of Granite Real is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Granite Real moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Granite Real Estate moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Granite Real can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Granite Stock

Granite Real financial ratios help investors to determine whether Granite Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Granite with respect to the benefits of owning Granite Real security.