GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » European Residential REIT (TSX:ERE.UN) » Definitions » Revenue

European Residential REIT (TSX:ERE.UN) Revenue : C$139.0 Mil (TTM As of Dec. 2023)


View and export this data going back to 2016. Start your Free Trial

What is European Residential REIT Revenue?

European Residential REIT's revenue for the three months ended in Dec. 2023 was C$36.2 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was C$139.0 Mil. European Residential REIT's Revenue per Share for the three months ended in Dec. 2023 was C$0.16. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was C$0.60.

During the past 12 months, the average Revenue per Share Growth Rate of European Residential REIT was 8.50% per year. During the past 3 years, the average Revenue per Share Growth Rate was 8.40% per year. During the past 5 years, the average Revenue per Share Growth Rate was 8.80% 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 8 years, European Residential REIT's highest 3-Year average Revenue per Share Growth Rate was 8.60% per year. The lowest was 5.10% per year. And the median was 7.85% per year.


European Residential REIT Revenue Historical Data

The historical data trend for European Residential REIT'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.

* Premium members only.

European Residential REIT Revenue Chart

European Residential REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial 60.98 108.89 111.18 128.44 139.99

European Residential REIT 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 33.00 34.25 33.64 34.97 36.16

Competitive Comparison of European Residential REIT's Revenue

For the REIT - Residential subindustry, European Residential REIT'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.


European Residential REIT's Revenue Distribution in the REITs Industry

For the REITs industry and Real Estate sector, European Residential REIT's Revenue distribution charts can be found below:

* The bar in red indicates where European Residential REIT's Revenue falls into.



European Residential REIT 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$139.0 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.


European Residential REIT  (TSX:ERE.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.


European Residential REIT Revenue Related Terms

Thank you for viewing the detailed overview of European Residential REIT's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


European Residential REIT (TSX:ERE.UN) Business Description

Traded in Other Exchanges
Address
11 Church Street, Suite 401, Toronto, ON, CAN, M5E 1W1
European Residential REIT is an unincorporated, open-ended real estate investment trust. The company is focused on multi-residential real estate investment trust, with a current initial focus on investing in multi-residential real estate properties in Europe. The REIT owns and operates a portfolio of multi-residential properties, including apartments and townhomes, as well as commercial properties in Europe.

European Residential REIT (TSX:ERE.UN) Headlines

No Headlines