See more : ML System S.A. (MLS.WA) Income Statement Analysis – Financial Results
Complete financial analysis of Tricon Residential Inc. (TCN) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Tricon Residential Inc., a leading company in the Real Estate – Services industry within the Real Estate sector.
You may be interested
- KKR Acquisition Holdings I Corp. (KAHC) Income Statement Analysis – Financial Results
- Shanghai Fengyuzhu Culture Technology Co., Ltd. (603466.SS) Income Statement Analysis – Financial Results
- KABE Group AB (publ.) (KABE-B.ST) Income Statement Analysis – Financial Results
- Genting Malaysia Berhad (GMALY) Income Statement Analysis – Financial Results
- OPT Machine Vision Tech Co., Ltd. (688686.SS) Income Statement Analysis – Financial Results
Tricon Residential Inc. (TCN)
About Tricon Residential Inc.
Founded in 1988, Tricon is a rental housing company focused on serving the middle-market demographic. Tricon owns and operates approximately 31,000 single-family rental homes and multi-family rental units in 21 markets across the United States and Canada, managed with an integrated technology-enabled operating platform. More information about Tricon is available at www.triconresidential.com.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 865.89M | 805.67M | 492.44M | 512.28M | 39.90M | 30.35M | 25.40M | 26.60M | 25.71M | 25.01M | 18.40M | 28.60M | 10.80M | 12.59M | 11.76M |
| Cost of Revenue | 231.02M | 344.20M | 277.99M | 192.19M | 6.42M | 5.26M | 5.57M | 5.75M | 5.87M | 11.95M | 4.69M | 3.94M | 0.00 | 0.00 | 0.00 |
| Gross Profit | 634.87M | 461.47M | 214.45M | 320.09M | 33.48M | 25.09M | 19.83M | 20.85M | 19.84M | 13.06M | 13.71M | 24.66M | 10.80M | 12.59M | 11.76M |
| Gross Profit Ratio | 73.32% | 57.28% | 43.55% | 62.48% | 83.91% | 82.68% | 78.08% | 78.39% | 77.16% | 52.21% | 74.52% | 86.22% | 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 86.50M | 58.99M | 41.42M | 63.67M | 49.36M | 46.68M | 36.37M | 29.44M | 28.29M | 20.33M | 13.84M | 8.96M | 9.80M | 9.02M | 11.98M |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 10.35M | 0.00 | 0.00 | 0.00 |
| SG&A | 86.50M | 58.99M | 41.42M | 63.67M | 49.36M | 46.68M | 36.37M | 29.44M | 28.29M | 20.33M | 13.84M | 19.31M | 9.80M | 9.02M | 11.98M |
| Other Expenses | -389.20M | 15.61M | 12.13M | 10.85M | 6.27M | 5.54M | 5.38M | 5.82M | 6.38M | 4.04M | 716.59K | 973.03K | 944.17K | 12.73M | 1.23M |
| Operating Expenses | 389.20M | 74.60M | 53.55M | 74.52M | 55.64M | 52.22M | 41.75M | 35.26M | 34.67M | 24.37M | 14.55M | 20.29M | 10.75M | 21.75M | 13.21M |
| Cost & Expenses | 620.22M | 418.80M | 331.54M | 266.71M | 55.64M | 52.22M | 41.75M | 35.26M | 34.67M | 36.32M | 19.24M | 24.23M | 10.75M | 21.75M | 13.21M |
| Interest Income | 0.00 | 213.93M | 147.68M | 137.15M | 164.73M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 323.83M | 194.65M | 131.11M | 170.61M | 32.44M | 31.69M | 23.72M | 11.80M | 14.01M | 13.42M | 11.93M | 2.49M | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 18.12M | 15.61M | 12.13M | 10.85M | 6.27M | 5.54M | 5.38M | 5.82M | 6.38M | 3.98M | 717.53K | 1.17M | 1.29M | 1.19M | 1.10M |
| EBITDA | 263.79M | 406.83M | 244.77M | 269.93M | 197.35M | 229.46M | 140.07M | 81.96M | 73.83M | 128.91M | 67.16M | 6.50M | 1.34M | -7.98M | -348.58K |
| EBITDA Ratio | 30.46% | 50.50% | 49.71% | 52.69% | 494.67% | 756.12% | 551.49% | 308.18% | 287.16% | 515.45% | 364.94% | 22.73% | 12.44% | -63.35% | -2.96% |
| Operating Income | 245.67M | 391.23M | 232.64M | 259.08M | 191.08M | 270.39M | 106.28M | 83.15M | 82.77M | 126.45M | 57.88M | -1.37M | 969.64K | -9.16M | -1.44M |
| Operating Income Ratio | 28.37% | 48.56% | 47.24% | 50.57% | 478.95% | 891.01% | 418.43% | 312.65% | 321.94% | 505.60% | 314.53% | -4.79% | 8.97% | -72.78% | -12.28% |
| Total Other Income/Expenses | -241.69M | 515.86M | 430.66M | 13.88M | 135.11M | 243.11M | 104.57M | 86.05M | 83.87M | -17.90M | -20.68M | 1.70M | 911.85K | 0.00 | 0.00 |
| Income Before Tax | 152.71M | 934.59M | 708.15M | 152.79M | 129.01M | 215.99M | 82.65M | 71.64M | 69.04M | 114.60M | 45.96M | -4.19M | 969.64K | -9.16M | -1.44M |
| Income Before Tax Ratio | 17.64% | 116.00% | 143.80% | 29.83% | 323.38% | 711.72% | 325.42% | 269.37% | 268.53% | 458.24% | 249.73% | -14.66% | 8.97% | -72.78% | -12.28% |
| Income Tax Expense | 28.66M | 155.22M | 191.06M | 36.38M | 14.88M | 22.76M | 13.31M | 11.88M | 10.58M | 17.92M | 12.08M | 1.38M | 436.83K | -695.89K | -390.60K |
| Net Income | 121.82M | 814.48M | 445.26M | 113.32M | 111.56M | 215.95M | 69.25M | 59.47M | 58.18M | 95.10M | 33.88M | -5.24M | 532.81K | -8.47M | -1.05M |
| Net Income Ratio | 14.07% | 101.09% | 90.42% | 22.12% | 279.64% | 711.61% | 272.66% | 223.62% | 226.29% | 380.28% | 184.09% | -18.32% | 4.93% | -67.26% | -8.96% |
| EPS | 0.42 | 2.95 | 2.03 | 0.58 | 0.65 | 1.33 | 0.54 | 0.53 | 0.60 | 1.09 | 0.56 | -0.19 | 0.03 | -0.61 | -0.13 |
| EPS Diluted | 0.42 | 2.09 | 2.00 | 0.58 | 0.58 | 1.33 | 0.54 | 0.46 | 0.59 | 0.95 | 0.55 | -0.19 | 0.03 | -0.61 | -0.13 |
| Weighted Avg Shares Out | 273.66M | 311.10M | 219.83M | 194.63M | 191.08M | 162.11M | 127.15M | 112.49M | 96.49M | 90.82M | 60.53M | 27.73M | 18.24M | 13.89M | 7.80M |
| Weighted Avg Shares Out (Dil) | 275.54M | 311.10M | 222.12M | 195.80M | 191.08M | 162.11M | 129.30M | 123.65M | 114.47M | 109.76M | 61.37M | 27.75M | 18.24M | 13.89M | 7.80M |
Tricon Residential Opens Two New Communities in Texas, Expanding Housing Supply
LEANDER, Texas & TOMBALL, Texas--(BUSINESS WIRE)--Tricon Residential, a Blackstone Real Estate portfolio company, along with its residents, partners and local leaders, celebrated the grand opening of two new built-to-rent communities in Texas: Tricon Bryson in Leander and Tricon Willow Creek...
Blackstone Real Estate Completes Privatization of Tricon
NEW YORK & TORONTO--(BUSINESS WIRE)--Blackstone (NYSE: BX) and Tricon Residential Inc. (NYSE: TCN, TSX: TCN) (“Tricon” or the “Company”) today announced the closing of the previously-announced statutory plan of arrangement under the Business Corporations Act (Ontario) pursuant to which Blackstone...
Tricon Residential Inc. Announces Receipt of Investment Canada Act Approval for Take Private by Blackstone Real Estate
TORONTO--(BUSINESS WIRE)--Tricon Residential Inc. (NYSE: TCN, TSX: TCN) (“Tricon” or the “Company”) today announced receipt of Investment Canada Act approval in connection with the previously announced statutory plan of arrangement under the Business Corporations Act (Ontario) (the “Arrangement”) pursuant to...
My Biggest REIT Wins And Lessons
I have suffered many losses over the years. But fortunately, I have had many more winners than losers. I discuss some of my best REIT investments and lessons that they taught me.
Tricon Residential Inc. Receives Final Court Approval for Take Private by Blackstone Real Estate
TORONTO--(BUSINESS WIRE)--Tricon Residential Inc. Receives Final Court Approval for Take Private by Blackstone Real Estate.
Tricon Shareholders Approve Proposed Take Private by Blackstone Real Estate
TORONTO--(BUSINESS WIRE)--Tricon Residential Inc. (NYSE: TCN, TSX: TCN) (“Tricon” or the “Company”) is pleased to announce that at its special meeting (“Meeting”) of shareholders of the Company (“Company Shareholders”) held earlier today, Company Shareholders voted to approve the previously announced...
Tricon Residential Releases 2023 Annual Sustainability Report
TORONTO--(BUSINESS WIRE)--Tricon Residential Inc. (NYSE: TCN, TSX: TCN) ("Tricon" or the “Company”), an owner, operator and developer of single-family rental homes in the U.S. Sun Belt and multi-family rental apartments in Canada, released its annual sustainability report today. The report...
Why I Stopped Buying Real Estate (And Why You Should, Too)
I come from a lifelong real estate background. But I have completely stopped buying real estate. I explain why and present a better alternative for investors.
Independent Proxy Advisory Firms ISS and Glass Lewis Recommend Tricon Shareholders Vote FOR the Arrangement Resolution Approving Transaction with Blackstone Real Estate
TORONTO--(BUSINESS WIRE)--Tricon Residential Inc. (NYSE: TCN, TSX: TCN) (“Tricon” or the “Company”) is pleased to announce that leading independent proxy advisory firms Institutional Shareholder Services Inc. (“ISS”) and Glass Lewis & Co. (“Glass Lewis”) have each recommended that shareholders of...
2 Top REITs For March 2024
Now could be your last chance to buy REITs at discounted prices. That's because interest rates are likely to be cut in the near term. I highlight 2 of my top picks to buy today.
Source: https://incomestatements.info
Category: Stock Reports