Minto Apartment REIT (TSX:MI.UN) 3-Year Revenue Growth Rate : 4.70% (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Minto Apartment REIT 3-Year Revenue Growth Rate?

Minto Apartment REIT's Revenue per Share for the three months ended in Mar. 2024 was C$0.98.

During the past 12 months, Minto Apartment REIT's average Revenue per Share Growth Rate was 5.90% per year. During the past 3 years, the average Revenue per Share Growth Rate was 4.70% per year. During the past 5 years, the average Revenue per Share Growth Rate was 7.50% 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 the average Revenue per Share growth rate.

During the past 9 years, the highest 3-Year average Revenue per Share Growth Rate of Minto Apartment REIT was 16.90% per year. The lowest was 4.70% per year. And the median was 9.75% per year.

Competitive Comparison of Minto Apartment REIT's 3-Year Revenue Growth Rate

For the REIT - Residential subindustry, Minto Apartment REIT's 3-Year Revenue Growth Rate, along with its competitors' market caps and 3-Year Revenue Growth Rate 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.

Minto Apartment REIT's 3-Year Revenue Growth Rate Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Minto Apartment REIT's 3-Year Revenue Growth Rate distribution charts can be found below:

* The bar in red indicates where Minto Apartment REIT's 3-Year Revenue Growth Rate falls into.

Minto Apartment REIT 3-Year Revenue Growth Rate Calculation

This is the 3-year average growth rate of Revenue per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

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 the average Revenue per Share growth rate.

Minto Apartment REIT (TSX:MI.UN) 3-Year Revenue Growth Rate Explanation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

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 per share growth rate is used in calculating Predictability Rank, companies with more consistent revenue and earnings growth are ranked high with predictability.

Minto Apartment REIT 3-Year Revenue Growth Rate Related Terms

Thank you for viewing the detailed overview of Minto Apartment REIT's 3-Year Revenue Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.

Minto Apartment REIT (TSX:MI.UN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Minto Apartment REIT (TSX:MI.UN) » Definitions » 3-Year Revenue Growth Rate

Comparable Companies

Traded in Other Exchanges

MIAPF:USA

Address

200 - 180 Kent Street, Ottawa, ON, CAN, K1P 0B6

Website

https://www.mintoapartmentreit.com

Minto Apartment REIT is an unincorporated, open-ended real estate investment trust. It owns, develops, and operates a portfolio of income-producing multi-residential rental properties located in Canada. Its portfolio consists of interests in 32 multi-residential rental properties, including four mixed-use residential apartments and commercial buildings. The Reit's primary source of revenue is rental revenue.

Minto Apartment REIT (TSX:MI.UN) Headlines

No Headlines