Canadian Apartment Properties Real Estate Investment Trust

TSX:CAR.UN Stock Report

Market Cap: CA$7.2b

Canadian Apartment Properties Real Estate Investment Trust Past Earnings Performance

Past criteria checks 2/6

Canadian Apartment Properties Real Estate Investment Trust's earnings have been declining at an average annual rate of -44.5%, while the Residential REITs industry saw earnings declining at 8.1% annually. Revenues have been growing at an average rate of 7.1% per year. Canadian Apartment Properties Real Estate Investment Trust's return on equity is 4.2%, and it has net margins of 31.6%.

Key information

-44.5%

Earnings growth rate

-45.9%

EPS growth rate

Residential REITs Industry Growth2.5%
Revenue growth rate7.1%
Return on equity4.2%
Net Margin31.6%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Canadian Apartment Properties Real Estate Investment Trust makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

TSX:CAR.UN Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 241,109351560
30 Jun 241,095-54560
31 Mar 241,080-126560
31 Dec 231,065-412590
30 Sep 231,050-265620
30 Jun 231,034155600
31 Mar 231,022-135600
31 Dec 221,00714600
30 Sep 22991503630
30 Jun 22975630650
31 Mar 229521,334650
31 Dec 219331,393660
30 Sep 219181,233620
30 Jun 219031,343580
31 Mar 21894950590
31 Dec 20883926480
30 Sep 20866933480
30 Jun 20844964540
31 Mar 208151,070480
31 Dec 197811,195600
30 Sep 197501,439620
30 Jun 197231,229650
31 Mar 197021,323750
31 Dec 186891,218700
30 Sep 18675858740
30 Jun 18665955670
31 Mar 18651796580
31 Dec 17639837590
30 Sep 17627584510
30 Jun 17617499390
31 Mar 17607495530
31 Dec 16597439520
30 Sep 16587453420
30 Jun 16567318510
31 Mar 16550379280
31 Dec 15534346360
30 Sep 15519291430
30 Jun 15514412420
31 Mar 15509326520
31 Dec 14506318360
30 Sep 14502324340
30 Jun 14496260250
31 Mar 14488246130
31 Dec 13477268130

Quality Earnings: CAR.UN has high quality earnings.

Growing Profit Margin: CAR.UN became profitable in the past.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: CAR.UN's earnings have declined by 44.5% per year over the past 5 years.

Accelerating Growth: CAR.UN has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: CAR.UN has become profitable in the last year, making it difficult to compare its past year earnings growth to the Residential REITs industry (16.7%).

Return on Equity

High ROE: CAR.UN's Return on Equity (4.2%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 23:40
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Canadian Apartment Properties Real Estate Investment Trust is covered by 28 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Karine MacIndoeBMO Capital Markets Equity Research
Michael MarkidisBMO Capital Markets Equity Research
Mark RothschildCanaccord Genuity