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Canadian Apartment Properties Real Estate Investment Trust

Real Estate CA CAR.UN

34.11CAD
-0.15(0.44%)

Last update at 2026-06-03T20:00:00Z

Day Range

34.1034.51
LowHigh

52 Week Range

40.1954.46
LowHigh

Fundamentals

  • Previous Close 34.26
  • Market Cap7976.51M
  • Volume304795
  • P/E Ratio-
  • Dividend Yield3.13%
  • EBITDA628.74M
  • Revenue TTM1050.04M
  • Revenue Per Share TTM6.17
  • Gross Profit TTM 650.41M
  • Diluted EPS TTM-1.59

Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 3.60M 1473.98M 954.49M 1217.81M 1236.48M
Minority interest - - - -47.05800M -
Net income 13.64M 1392.80M 925.93M 1195.45M 1217.67M
Selling general administrative 3.41M 66.48M 48.43M 61.08M 74.19M
Selling and marketing expenses - - - - -
Gross profit 592.44M 609.99M 578.17M 508.15M 439.06M
Reconciled depreciation 26.29M 25.24M 33.96M 18.71M 14.10M
Ebit 728.11M 516.13M 553.58M 425.20M 1367.78M
Ebitda 754.40M 541.37M 587.55M 443.91M 1381.88M
Depreciation and amortization 26.29M 25.24M 33.96M 18.71M 14.10M
Non operating income net other - - - - -
Operating income 728.11M 516.13M 553.58M 425.20M 359.89M
Other operating expenses 418.87M 397.87M 360.57M 337.11M 328.69M
Interest expense 182.87M 150.42M 146.12M 135.22M 131.30M
Tax provision -10.03400M 81.18M 28.56M 22.36M 18.81M
Interest income 1.97M 0.78M - - -
Net interest income -180.89800M -159.68500M -164.62500M -135.21600M -135.21100M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense -10.03400M 81.18M 28.56M 22.36M 18.81M
Total revenue 1007.27M 933.14M 882.64M 777.88M 688.59M
Total operating expenses 4.05M 74.73M 56.10M 67.37M 79.16M
Cost of revenue 414.82M 323.14M 304.47M 269.73M 249.53M
Total other income expense net -724.50900M 957.85M 400.91M 792.61M 876.59M
Discontinued operations - - - - -
Net income from continuing ops 13.64M 1392.80M 925.93M 1195.45M 1217.67M
Net income applicable to common shares 13.64M 1392.80M 925.93M 1195.45M 1217.67M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 17741.89M 17712.97M 15499.13M 14017.95M 10842.26M
Intangible assets - - - - -
Earning assets - - - - -
Other current assets 164.02M 8.14M 29.61M 44.79M 25.74M
Total liab 7738.19M 7313.09M 6225.43M 5614.05M 4525.56M
Total stockholder equity 10003.69M 10399.89M 9273.70M 8403.90M 6316.70M
Deferred long term liab 1.53M 1.34M 0.45M 1.32M 75.88M
Other current liab 281.87M 274.08M 184.51M 111.16M 80.75M
Common stock 4183.17M 4194.09M 4103.91M 4013.94M 2855.70M
Capital stock 4183.17M 4194.09M 4103.91M 4013.94M 2855.70M
Retained earnings 5846.40M 6249.19M 5099.74M 4409.46M 3432.15M
Other liab 370.93M 504.94M 402.62M 411.63M 39.76M
Good will 0.00000M 15.13M 16.47M 15.85M -
Other assets 56.44M 121.34M 2.48M 7.11M 75.88M
Cash 47.30M 73.41M 121.72M 477.33M 25.71M
Cash and equivalents - - - - -
Total current liabilities 967.01M 991.20M 862.28M 665.27M 593.13M
Current deferred revenue 15.36M 15.71M 14.40M 67.85M -
Net debt 6967.42M 6386.95M 5435.77M 4494.03M 4269.98M
Short term debt 614.47M 644.58M 604.99M 437.57M 403.95M
Short long term debt 613.28M 643.46M 603.81M 436.45M 403.95M
Short long term debt total 7014.72M 6460.37M 5557.50M 4971.36M 4295.70M
Other stockholder equity -25.87300M -43.39700M 70.05M -19.51000M 28.85M
Property plant equipment 17169.37M 17119.11M 15018.25M 13113.14M 10488.94M
Total current assets 249.59M 137.18M 166.74M 536.09M 61.34M
Long term investments 203.90M 297.79M 294.41M 265.99M 216.10M
Net tangible assets 10003.69M 10384.75M 9257.23M 8388.05M 6316.70M
Short term investments 4.38M - - - -
Net receivables 17.68M 17.87M 15.41M 13.97M 9.89M
Long term debt 6352.80M 5767.47M 4915.94M 4496.02M 3891.75M
Inventory 16.21M 8.14M - - -
Accounts payable 55.31M 56.84M 58.38M 116.54M 108.43M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -25.87300M -43.39700M 70.05M -19.51000M 28.85M
Additional paid in capital - - - - -
Common stock total equity - - 4103.91M 4013.94M 2855.70M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 17266.57M 17240.67M 30003.64M 26362.99M 10549.42M
Deferred long term asset charges - - - - -
Non current assets total 17492.30M 17575.79M 15332.39M 13481.86M 10780.92M
Capital lease obligations 48.65M 49.44M 37.74M 38.90M -
Long term debt total - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -502.97400M -1107.98600M -1021.37000M -1606.99800M -623.11000M
Change to liabilities -6.58300M 5.96M -32.18900M -6.32500M 23.73M
Total cashflows from investing activities -502.97400M -1107.98600M -1021.37000M -1606.99800M -623.11000M
Net borrowings 506.85M 852.79M 535.46M 553.87M 256.60M
Total cash from financing activities -132.32400M 512.50M 185.45M 1598.18M 193.86M
Change to operating activities 19.05M -4.60700M -5.53500M 2.86M 2.72M
Net income 13.64M 1392.80M 925.93M 1195.45M 1217.67M
Change in cash -26.10800M -48.31100M -355.60600M 451.62M 1.93M
Begin period cash flow 73.41M 121.72M 477.33M 25.71M 23.79M
End period cash flow 47.30M 73.41M 121.72M 477.33M 25.71M
Total cash from operating activities 598.03M 551.43M 481.36M 454.63M 431.18M
Issuance of capital stock 2.75M 3.14M 2.48M 1326.85M 208.95M
Depreciation 26.29M 25.24M 33.96M 18.71M 14.10M
Other cashflows from investing activities 11.54M 6.67M 11.41M 9.10M 6.40M
Dividends paid 219.76M 177.77M 180.07M 146.52M 134.93M
Change to inventory -8.06900M -8.13800M -8.13800M -8.13800M -8.13800M
Change to account receivables 0.49M -0.86400M -0.61400M -1.94500M -0.81100M
Sale purchase of stock -237.77200M - 1399.57M 795.90M -
Other cashflows from financing activities 970.09M 1388.06M 1392.54M 789.34M 343.92M
Change to netincome 554.63M -852.81800M -420.92500M -764.66300M -823.57900M
Capital expenditures 336.47M 299.42M 244.86M 242.36M 400.28M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital 4.83M -11.34600M -55.04000M 15.02M 31.50M
Stock based compensation -3.41400M 15.11M 5.16M 14.84M 34.67M
Other non cash items 571.56M -947.01100M -453.86800M -794.46400M -885.55800M
Free cash flow 261.56M 252.01M 236.50M 212.27M 227.39M

Peer Comparison

Sector: Real Estate Industry: REIT - Residential

Company Change (CAD) Price (CAD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
CAR-UN
Canadian Apartment Properties Real Estate Investment Trust
-0.15 0.44% 34.11 - 17.83 7.60 0.85 14.21 -114.1787
BEI-UN
Boardwalk Real Estate Investment Trust
-0.22 0.34% 63.55 6.35 18.28 7.15 0.95 13.19 11.47
KMP-UN
Killam Apartment Real Estate Investment Trust
-0.06 0.33% 18.10 8.59 15.24 6.32 0.88 12.62 12.24
IIP-UN
InterRent Real Estate Investment Trust
-0.1 0.78% 12.80 - 20.70 8.16 0.73 15.28 147.10
HOM-UN
BSR Real Estate Investment Trust
0.34 2.08% 16.65 - 12.36 5.33 0.50 9.54 -13.2333

Reports Covered

Stock Research & News

Profile

CAPREIT is Canada's largest publicly traded provider of quality rental housing. As at September 30, 2023, CAPREIT owns approximately 64,500 residential apartment suites, townhomes and manufactured home community sites that are well-located across Canada and the Netherlands, with approximately $16.5 billion of investment properties in Canada and Europe.

Canadian Apartment Properties Real Estate Investment Trust

11 Church Street, Toronto, ON, Canada, M5E 1W1

Key Executives

Name Title Year Born
Mr. Mark Kenney CEO, Pres & Trustee 1968
Mr. Stephen Co CFO & VP of Accounting NA
Ms. Georgeta Morar Sr. Director of Operations NA
Mr. Julian Schonfeldt Chief Investment Officer NA
Clayton Yeung Sr. VP of Financial Reporting & Accounting NA
Andrew Wood Exec. VP of Technology NA
Ms. Archna Sharma Exec. VP of Risk & Compliance NA
Ms. Jodi Lieberman Chief People, Culture & Brand Officer NA
Mr. Gobal Mailwaganam MD and Director of Housing & Municipal Affairs NA
Ms. Patti Baker Managing Director NA

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