Breakdown | |||||
TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|
Income Statement | Total Revenue | ||||
1.30B | 1.29B | 1.16B | 1.21B | 1.18B | 1.14B | Gross Profit |
778.20M | 794.30M | 714.41M | 700.49M | 689.86M | 670.09M | EBIT |
721.75M | 740.95M | 679.19M | 669.30M | 671.31M | 648.15M | EBITDA |
516.98M | 731.66M | 237.02M | 674.08M | 675.34M | 652.50M | Net Income Common Stockholders |
260.71M | 473.46M | 38.80M | 236.77M | 598.39M | -64.78M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
59.49M | 190.24M | 128.44M | 86.23M | 77.76M | 238.46M | Total Assets |
15.31B | 15.47B | 14.84B | 15.10B | 15.18B | 15.27B | Total Debt |
7.43B | 7.35B | 6.90B | 6.78B | 6.71B | 6.97B | Net Debt |
7.37B | 7.16B | 6.77B | 6.69B | 6.63B | 6.73B | Total Liabilities |
7.99B | 7.91B | 7.40B | 7.37B | 7.27B | 7.53B | Stockholders Equity |
7.32B | 7.56B | 7.44B | 7.73B | 7.91B | 7.73B |
Cash Flow | Free Cash Flow | ||||
140.84M | 81.34M | -5.48M | 113.15M | 26.52M | 35.95M | Operating Cash Flow |
364.48M | 378.28M | 385.52M | 506.12M | 490.40M | 552.58M | Investing Cash Flow |
-324.30M | -360.77M | -200.15M | -79.69M | 94.39M | -469.34M | Financing Cash Flow |
-25.36M | 48.49M | -147.37M | -417.97M | -745.49M | 61.69M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
82 Outperform | C$3.87B | 8.60 | 11.23% | 5.71% | 4.54% | 68.32% | |
78 Outperform | C$4.40B | 18.52 | 4.75% | 7.17% | 10.06% | -19.26% | |
76 Outperform | C$1.56B | 27.16 | 2.99% | 5.54% | 22.60% | -48.92% | |
74 Outperform | C$428.45M | 17.58 | 4.57% | 7.21% | 6.36% | 13.91% | |
74 Outperform | C$3.75B | 17.49 | 5.40% | 4.98% | 3.11% | ― | |
69 Neutral | $5.25B | 20.30 | 3.61% | 6.43% | 13.66% | 426.86% | |
61 Neutral | $2.85B | 10.72 | 0.40% | 6.07% | 5.80% | -21.26% |
RioCan Real Estate Investment Trust reported strong first-quarter results for 2025, with significant leasing spreads and same property NOI growth despite global economic volatility. The company achieved a 96% completion rate for condominium interim closings and is proceeding with the sale of four additional assets as part of its monetization strategy. Despite a net loss per unit due to valuation losses in its joint venture with HBC, RioCan’s financial position remains robust, supported by a strong balance sheet and liquidity. The company has revised its FFO per unit guidance for 2025, maintaining a focus on capital management and growth.
RioCan Real Estate Investment Trust has provided an update regarding its exposure to Hudson’s Bay Company’s recent CCAA filing. As a landlord and partner in the RioCan-HBC Joint Venture, RioCan is committed to protecting its stakeholders’ interests by exploring all business and legal options. The company aims to leverage its leasing and development expertise to safeguard the value of its properties, which include prime real estate in major Canadian markets. Despite the challenges posed by HBC’s restructuring, RioCan’s strong core business and financial position enable it to navigate the situation effectively.