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Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) Revenue : C$1,065 Mil (TTM As of Dec. 2023)


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What is Canadian Apartment Properties Real Estate Investment Trust Revenue?

Canadian Apartment Properties Real Estate Investment Trust's revenue for the three months ended in Dec. 2023 was C$272 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was C$1,065 Mil. Canadian Apartment Properties Real Estate Investment Trust's Revenue per Share for the three months ended in Dec. 2023 was C$1.60. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was C$6.26.

During the past 12 months, the average Revenue per Share Growth Rate of Canadian Apartment Properties Real Estate Investment Trust was 8.70% per year. During the past 3 years, the average Revenue per Share Growth Rate was 6.80% per year. During the past 5 years, the average Revenue per Share Growth Rate was 5.50% per year. During the past 10 years, the average Revenue per Share Growth Rate was 3.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, Canadian Apartment Properties Real Estate Investment Trust's highest 3-Year average Revenue per Share Growth Rate was 15.90% per year. The lowest was -4.00% per year. And the median was 0.90% per year.


Canadian Apartment Properties Real Estate Investment Trust Revenue Historical Data

The historical data trend for Canadian Apartment Properties Real Estate Investment Trust's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Canadian Apartment Properties Real Estate Investment Trust Revenue Chart

Canadian Apartment Properties Real Estate Investment Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 780.78 882.64 933.14 1,007.27 1,065.32

Canadian Apartment Properties Real Estate Investment Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 256.92 260.95 263.80 268.38 272.20

Competitive Comparison of Canadian Apartment Properties Real Estate Investment Trust's Revenue

For the REIT - Residential subindustry, Canadian Apartment Properties Real Estate Investment Trust's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Canadian Apartment Properties Real Estate Investment Trust's Revenue Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Canadian Apartment Properties Real Estate Investment Trust's Revenue distribution charts can be found below:

* The bar in red indicates where Canadian Apartment Properties Real Estate Investment Trust's Revenue falls into.



Canadian Apartment Properties Real Estate Investment Trust Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$1,065 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Canadian Apartment Properties Real Estate Investment Trust  (TSX:CAR.UN) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Canadian Apartment Properties Real Estate Investment Trust Revenue Related Terms

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Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) Business Description

Traded in Other Exchanges
Address
11 Church Street, Suite 401, Toronto, ON, CAN, M5E 1W1
Canadian Apartment Properties Real Estate Investment Trust, or CAPREIT, is a real estate investment trust primarily engaged in the acquisition and leasing of multiunit residential rental properties located near major urban centers across Canada. The company's real estate portfolio is mainly composed of apartments and townhouses situated near public amenities. Most of CAPREIT's holdings are aimed towards the midtier and luxury markets in terms of demographic segments. The company derives nearly all of its income in the form of rental revenue from leasing its properties to tenants. The majority of this revenue comes from assets located in the Greater Toronto and Greater Montreal regions. The buildings in these areas also contain the majority of CAPREIT's total housing units.

Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) Headlines

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