See more : Valaris Limited WT (VAL-WT) Income Statement Analysis – Financial Results
Complete financial analysis of RioCan Real Estate Investment Trust (RIOCF) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of RioCan Real Estate Investment Trust, a leading company in the REIT – Retail industry within the Real Estate sector.
You may be interested
- Bandwidth Inc. (BAND) Income Statement Analysis – Financial Results
- Organization of Football Prognostics S.A. (OPAP.AT) Income Statement Analysis – Financial Results
- Chien Shing Harbour Service Co.,Ltd. (8367.TW) Income Statement Analysis – Financial Results
- Kingfisher Metals Corp. (KGFMF) Income Statement Analysis – Financial Results
- Power & Digital Infrastructure Acquisition Corp. (XPDI) Income Statement Analysis – Financial Results
RioCan Real Estate Investment Trust (RIOCF)
About RioCan Real Estate Investment Trust
RioCan is one of Canada's largest real estate investment trusts. RioCan owns, manages and develops retail-focused, increasingly mixed-use properties located in prime, high-density transit-oriented areas where Canadians want to shop, live and work. As at September 30, 2020, our portfolio is comprised of 221 properties with an aggregate net leasable area of approximately 38.4 million square feet (at RioCan's interest) including office, residential rental and 16 development properties.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.18B | 1.21B | 1.18B | 1.14B | 1.33B | 1.15B | 1.16B | 1.13B | 1.09B | 1.20B | 1.12B | 1.09B | 1.52B | 887.00M | 758.03M | 763.85M | 719.89M | 646.41M | 609.05M | 581.67M | 532.31M | 471.46M | 396.36M | 336.84M | 260.80M | 161.50M | 95.00M | 43.10M | 24.00M | 15.90M |
| Cost of Revenue | 424.41M | 513.36M | 485.20M | 473.57M | 589.02M | 438.85M | 428.73M | 444.58M | 433.26M | 436.00M | 392.00M | 378.00M | 325.00M | 276.00M | 260.43M | 242.35M | 221.51M | 0.00 | 0.00 | 179.08M | 165.27M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 751.48M | 700.49M | 689.86M | 670.09M | 737.30M | 709.00M | 726.49M | 688.75M | 654.48M | 768.00M | 729.00M | 713.00M | 1.20B | 611.00M | 497.60M | 521.49M | 498.38M | 646.41M | 609.05M | 402.59M | 367.04M | 471.46M | 396.36M | 336.84M | 260.80M | 161.50M | 95.00M | 43.10M | 24.00M | 15.90M |
| Gross Profit Ratio | 63.91% | 57.71% | 58.71% | 58.59% | 55.59% | 61.77% | 62.89% | 60.77% | 60.17% | 63.79% | 65.03% | 65.35% | 78.63% | 68.88% | 65.64% | 68.27% | 69.23% | 100.00% | 100.00% | 69.21% | 68.95% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4.00M | 2.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 60.37M | 49.66M | 47.38M | 36.18M | 42.43M | 51.42M | 42.70M | 47.83M | 46.62M | 38.00M | 41.00M | 42.00M | 36.00M | 0.00 | 0.00 | 0.00 | 27.01M | 25.62M | 0.00 | 16.13M | 12.76M | 11.26M | 9.26M | 6.36M | 4.60M | 2.80M | 2.20M | 1.20M | 1.20M | 0.00 |
| Selling & Marketing | 11.92M | 1.70M | 1.90M | 1.10M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 72.29M | 49.66M | 47.38M | 36.18M | 42.43M | 51.42M | 42.70M | 47.83M | 46.62M | 38.00M | 41.00M | 42.00M | 40.00M | 36.00M | 29.36M | 31.33M | 27.01M | 25.62M | 20.50M | 16.13M | 12.76M | 11.26M | 9.26M | 6.36M | 4.60M | 2.80M | 2.20M | 1.20M | 1.20M | 0.00 |
| Other Expenses | 0.00 | 4.77M | 4.02M | 4.34M | 4.38M | 846.00K | 48.44M | 20.10M | -2.63M | 0.00 | 0.00 | 8.00M | 0.00 | 3.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 72.29M | 54.44M | 51.40M | 40.52M | 46.81M | 56.00M | 52.56M | 52.22M | 51.05M | 52.00M | 45.00M | 46.00M | 40.00M | 227.00M | 194.71M | 183.46M | 386.78M | 339.90M | 312.66M | 108.31M | -203.78M | -175.61M | -140.03M | -123.91M | -98.60M | -68.60M | -36.90M | -17.20M | -15.10M | -13.50M |
| Cost & Expenses | 496.69M | 567.80M | 536.60M | 514.10M | 635.84M | 494.84M | 481.29M | 496.80M | 484.31M | 488.00M | 437.00M | 424.00M | 365.00M | 503.00M | 455.14M | 425.81M | 386.78M | 339.90M | 312.66M | 287.39M | -203.78M | -175.61M | -140.03M | -123.91M | -98.60M | -68.60M | -36.90M | -17.20M | -15.10M | -13.50M |
| Interest Income | 25.13M | 20.90M | 13.67M | 14.60M | 16.92M | 11.45M | 7.59M | 5.74M | 5.37M | 7.00M | 14.00M | 12.00M | 253.00M | 16.00M | 17.89M | 16.19M | 15.77M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 208.95M | 180.37M | 171.52M | 180.81M | 182.78M | 168.30M | 171.42M | 179.53M | 186.77M | 235.00M | 234.00M | 246.00M | 240.00M | 215.00M | 192.47M | 167.54M | 156.75M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 2.63M | 4.77M | 4.02M | 4.34M | 4.38M | 4.58M | 9.87M | 4.40M | 4.66M | 5.00M | 2.00M | 2.00M | 1.00M | 192.00M | 166.79M | 154.60M | 139.49M | 124.33M | 112.61M | 93.85M | 37.71M | 32.13M | 22.97M | 18.24M | 13.20M | 8.00M | 5.10M | 2.70M | 1.80M | 1.40M |
| EBITDA | 237.02M | 674.08M | 675.34M | 652.50M | 721.84M | 680.20M | 707.10M | 656.65M | 623.83M | 757.00M | 749.00M | 704.00M | 1.13B | 576.00M | 469.67M | 492.64M | 472.60M | 430.84M | 409.00M | 388.14M | 773.80M | 679.20M | 559.37M | 478.99M | 372.60M | 238.10M | 137.00M | 63.00M | 40.90M | 30.80M |
| EBITDA Ratio | 20.16% | 55.53% | 57.47% | 57.05% | 54.42% | 59.26% | 61.21% | 57.94% | 57.35% | 62.87% | 66.82% | 64.53% | 78.11% | 64.94% | 61.96% | 64.49% | 65.65% | 66.65% | 67.15% | 66.73% | 145.37% | 144.06% | 141.12% | 142.20% | 142.87% | 147.43% | 144.21% | 146.17% | 170.42% | 193.71% |
| Operating Income | 679.19M | 669.30M | 671.31M | 648.15M | 717.46M | 675.62M | 697.23M | 652.25M | 619.18M | 752.00M | 747.00M | 702.00M | 1.19B | 384.00M | 302.89M | 338.03M | 333.11M | 306.51M | 296.39M | 294.29M | 736.09M | 647.07M | 536.40M | 460.75M | 359.40M | 230.10M | 131.90M | 60.30M | 39.10M | 29.40M |
| Operating Income Ratio | 57.76% | 55.14% | 57.13% | 56.67% | 54.09% | 58.86% | 60.35% | 57.55% | 56.92% | 62.46% | 66.64% | 64.34% | 78.04% | 43.29% | 39.96% | 44.25% | 46.27% | 47.42% | 48.66% | 50.59% | 138.28% | 137.25% | 135.33% | 136.79% | 137.81% | 142.48% | 138.84% | 139.91% | 162.92% | 184.91% |
| Total Other Income/Expenses | -653.76M | -422.69M | -81.68M | -707.59M | 59.74M | -127.08M | 10.71M | 27.05M | -184.57M | -88.00M | -34.00M | 723.00M | 303.00M | 227.00M | -192.00M | -191.81M | -156.75M | -142.70M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -29.40M |
| Income Before Tax | 25.44M | 237.69M | 598.33M | -54.15M | 777.20M | 525.92M | 707.95M | 679.30M | 418.86M | 664.00M | 713.00M | 1.36B | 885.00M | 161.00M | 110.42M | 146.22M | 176.36M | 163.81M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax Ratio | 2.16% | 19.58% | 50.92% | -4.73% | 58.60% | 45.82% | 61.28% | 59.94% | 38.51% | 55.15% | 63.60% | 124.56% | 58.19% | 18.15% | 14.57% | 19.14% | 24.50% | 25.34% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | -13.37M | 921.00K | -59.00K | 10.63M | 1.37M | -1.44M | -320.00K | -3.85M | 1.29M | 265.00M | 287.00M | 284.00M | 1.00M | -140.00M | -3.48M | -700.00K | 144.00M | 142.70M | 163.81M | 135.97M | 553.68M | 474.87M | 376.93M | 338.93M | 256.70M | 172.10M | 95.50M | 45.10M | 37.70M | 31.10M |
| Net Income | 38.80M | 236.77M | 598.39M | -64.78M | 775.83M | 528.10M | 711.77M | 817.78M | 128.17M | 649.67M | 695.00M | 1.33B | 866.00M | 303.00M | 114.00M | 145.09M | 32.36M | 163.81M | 132.57M | 158.32M | 182.42M | 172.21M | 159.47M | 121.81M | 102.70M | 58.00M | 36.40M | 15.20M | 1.40M | -1.70M |
| Net Income Ratio | 3.30% | 19.51% | 50.92% | -5.66% | 58.50% | 46.01% | 61.61% | 72.16% | 11.78% | 53.96% | 62.00% | 121.91% | 56.94% | 34.16% | 15.04% | 18.99% | 4.49% | 25.34% | 21.77% | 27.22% | 34.27% | 36.53% | 40.23% | 36.16% | 39.38% | 35.91% | 38.32% | 35.27% | 5.83% | -10.69% |
| EPS | 0.13 | 0.77 | 1.89 | -0.20 | 2.52 | 1.68 | 2.18 | 2.51 | 0.40 | 2.11 | 2.30 | 4.59 | 3.26 | 1.23 | 0.49 | 0.67 | 0.16 | 0.83 | 0.68 | 0.88 | 1.08 | 1.11 | 1.11 | 0.93 | 0.99 | 0.84 | 0.58 | 0.59 | 0.12 | -0.17 |
| EPS Diluted | 0.13 | 0.77 | 1.89 | -0.20 | 2.52 | 1.68 | 2.18 | 2.51 | 0.40 | 2.10 | 2.29 | 4.57 | 3.25 | 1.23 | 0.49 | 0.67 | 0.16 | 0.83 | 0.68 | 0.87 | 1.07 | 1.11 | 1.11 | 0.93 | 0.99 | 0.84 | 0.58 | 0.59 | 0.12 | -0.17 |
| Weighted Avg Shares Out | 300.39M | 306.07M | 317.20M | 317.73M | 307.68M | 313.94M | 326.81M | 325.39M | 319.49M | 307.91M | 302.32M | 289.95M | 265.58M | 246.61M | 230.37M | 218.05M | 208.41M | 197.99M | 193.99M | 180.57M | 168.96M | 154.81M | 143.59M | 131.15M | 103.74M | 69.05M | 62.76M | 25.76M | 10.53M | 10.02M |
| Weighted Avg Shares Out (Dil) | 300.48M | 306.25M | 317.28M | 317.73M | 307.78M | 314.02M | 326.93M | 325.67M | 319.98M | 308.67M | 303.26M | 291.30M | 267.02M | 247.34M | 230.37M | 218.05M | 208.41M | 197.99M | 193.99M | 181.98M | 170.48M | 154.81M | 143.59M | 131.15M | 103.74M | 69.05M | 62.76M | 25.76M | 10.53M | 10.02M |
RioCan: A High Yield Retail REIT With A Captive Residential Development Business At A Discount
RioCan boasts a development pipeline at a time when real estate developments are overlooked. Financially, the company currently trades for a >5% dividend yield while demonstrating the ability to increase distribution amounts in the near term. RioCan is an apparent...
RioCan Real Estate Investment Trust Announces September 2024 Distribution
TORONTO--(BUSINESS WIRE)--RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced a distribution of 9.25 cents per unit for the month of September. The distribution will be payable on October 7, 2024, to unitholders of record as at September 30,...
RioCan REIT: 8-Year Return Drought Sets Up An Entry For 6.5% Yielder
We had rated RioCan REIT stock as a hold last November. The stock is down marginally since then. We review the Q2-2024 results and tell you why we like this enough to give this a Buy.
RioCan Real Estate Investment Trust (RIOCF) Q2 2024 Earnings Call Transcript
RioCan Real Estate Investment Trust (OTCPK:RIOCF) Q2 2024 Earnings Conference Call August 9, 2024 10:00 AM ET Company Participants Jennifer Suess - Senior Vice President, General Counsel, ESG and Corporate Secretary Jonathan Gitlin - President and Chief Executive Officer Dennis...
RioCan Real Estate Investment Trust Announces June 2024 Distribution
TORONTO--(BUSINESS WIRE)--RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced a distribution of 9.25 cents per unit for the month of June. The distribution will be payable on July 8, 2024, to unitholders of record as at June 28,...
RioCan Real Estate Investment Announces Results of Voting at its Annual Meeting of Unitholders
TORONTO--(BUSINESS WIRE)--RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) today announced the results of the votes held at its June 4, 2024 annual meeting of unitholders (the “Meeting”). The total number of units represented by unitholders present...
RioCan Real Estate Investment Trust Completes Issuance of $300 Million of Series AK Senior Unsecured Debentures
TORONTO--(BUSINESS WIRE)--RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) today announced that it has closed its previously announced issuance of $300 million principal amount of Series AK senior unsecured debentures (the “Debentures”). The Debentures carry a coupon...
RioCan Real Estate Investment Trust Announces Offering of $300 Million of Series AK Senior Unsecured Debentures
TORONTO--(BUSINESS WIRE)--RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) today announced that it has agreed to issue $300 million principal amount of Series AK senior unsecured debentures (the “Debentures”). The Debentures will be sold at a price...
RioCan Real Estate Investment Trust Announces May 2024 Distribution
TORONTO--(BUSINESS WIRE)--RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced a distribution of 9.25 cents per unit for the month of May. The distribution will be payable on June 7, 2024, to unitholders of record as at May 31,...
RioCan REIT: A 6.3% Dividend Yield With A 70% Payout Ratio
RioCan REIT's Q1 results showed a strong FFO and AFFO performance, with a small increase in AFFO compared to the previous year. The REIT is somewhat protected against increasing interest rates due to its gradual debt refinancing and potential rent...
Source: https://incomestatements.info
Category: Stock Reports