YOLFTbeta
Canadian Apartment Properties Real Estate Investment Trust

Canadian Apartment Properties Real Estate Investment Trust

CAR-UN · TO · Real Estate / REIT - Residential

30.60CAD+0.19 (+0.62%)

Price History

Full chart

Market Stats

Previous Close30.41
Open30.51
Day Range30.46 – 30.96
52-Week Range30.89 – 39.05
Volume540.05K
Market Cap4.79B
P/E (TTM)0.00
Forward P/E12.22
EPS-0.87
Dividend Yield4.99%
Beta0.91
50-Day Avg33.19
200-Day Avg35.68

About

Canadian Apartment Properties Real Estate Investment Trust is Canada's largest publicly traded provider of quality rental housing. As at June 30, 2026, CAPREIT owns approximately 45,400 residential apartment suites and townhomes (excluding approximately 100 suites classified as assets held for sale), that are well-located across Canada and, to a lesser extent, the Netherlands, with a total fair value of approximately 14.4 billion dollars (excluding approximately 21.6 million dollars of assets held for sale). Canadian Apartment Properties Real Estate Investment Trust was established on February 03, 1997 and incorporated in Ontario, Canada.

Company Details

  • SectorReal Estate
  • IndustryREIT - Residential
  • CEOMr. Bradley Cutsey C.F.A.
  • Employees0
  • Headquarters11 Church Street, Toronto, ON, Canada, M5E 1W1, Canada
  • Websitehttps://www.capreit.ca

Leadership

  • Mr. Stephen Co C.A., C.F.A., CPAChief Financial Officer
  • Mr. Nick SavinoSenior Vice President of Operations
  • Mr. Bradley Cutsey C.F.A.President, CEO & Trustee · b. 1973
  • Mr. James Lawrence C.A., C.P.A.Chief Operating Officer
  • Clayton YeungSenior Vice President of Financial Reporting & Accounting
  • Ms. Nicole Dolan C.F.A., CPADirector of Investor Relations
  • Ms. Archna SharmaExecutive Vice President of Risk, Compliance & People
  • Ms. Elise LenserSenior VP of Legal & Corporate Secretary
  • Ms. Patti BakerManaging Director
  • Larry GreerSenior Vice President of Corporate Affairs

Financials

Income Statement

Currency: CAD1997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue22.78M42.54M60.19M78.03M99.11M116.05M132.16M207.68M258.67M283.70M293.98M320.42M331.03M333.46M361.95M412.42M477.02M506.41M533.80M596.83M638.84M688.59M777.88M882.64M933.14M1.01B1.07B1.11B1.00B
Growth (%)-+86.77%+41.49%+29.64%+27.02%+17.09%+13.88%+57.14%+24.55%+9.68%+3.62%+8.99%+3.31%+0.73%+8.54%+13.94%+15.66%+6.16%+5.41%+11.81%+7.04%+7.79%+12.97%+13.47%+5.72%+7.94%+5.76%+4.45%-9.83%
Cost of Revenue----------138.40M147.49M152.11M145.76M155.80M174.50M203.17M202.53M209.18M229.88M245.58M249.53M269.73M304.47M323.14M414.82M434.90M440.71M411.74M
Gross Profit22.78M42.54M60.19M78.03M99.11M116.05M132.16M207.68M258.67M283.70M155.57M172.93M178.92M187.71M206.16M237.92M273.85M303.88M324.61M366.95M393.26M439.06M508.15M578.17M609.99M592.44M630.41M672.03M591.63M
Gross Margin100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%52.92%53.97%54.05%56.29%56.96%57.69%57.41%60.01%60.81%61.48%61.56%63.76%65.32%65.50%65.37%58.82%59.18%60.39%58.96%
Operating Expense13.70M25.20M34.93M42.74M54.83M63.68M75.53M149.66M192.18M212.10M80.53M88.14M177.58M100.90M31.79M-267.18M-90.17M-111.08M-128.44M-169.25M-563.39M79.16M82.95M24.59M93.86M-135.67M14.02M12.67M22.98M
Operating Income9.07M17.34M25.26M35.28M44.28M52.37M56.63M58.01M66.49M71.61M75.04M84.79M1.34M86.81M174.36M505.10M364.02M414.96M453.06M536.19M956.65M359.89M425.20M553.58M516.13M728.11M616.39M659.36M568.65M
Operating Margin39.84%40.76%41.96%45.22%44.68%45.13%42.85%27.93%25.70%25.24%25.53%26.46%0.41%26.03%48.17%122.47%76.31%81.94%84.87%89.84%149.75%52.27%54.66%62.72%55.31%72.29%57.86%59.26%56.67%
EBITDA9.99M19.28M28.27M39.74M50.15M59.74M65.66M103.44M127.20M138.19M148.19M63.20M86.47M182.64M89.15M210.68M373.59M431.90M302.44M568.78M983.51M409.16M443.91M587.55M541.37M697.07M587.78M552.38M411.95M
EBITDA Margin43.88%45.33%46.97%50.93%50.60%51.48%49.68%49.81%49.18%48.71%50.41%19.73%26.12%54.77%24.63%51.08%78.32%85.29%56.66%95.30%153.95%59.42%57.07%66.57%58.02%69.20%55.17%49.64%41.06%
Net Income3.89M8.63M2.17M17.89M23.06M27.57M28.69M10.22M12.81M722.00K-50.20M-3.48M15.72M63.32M316.17M412.26M267.68M317.98M345.63M439.41M836.81M1.22B1.20B925.93M1.39B13.64M-411.57M292.74M197.05M
Net Income Margin17.06%20.29%3.61%22.92%23.27%23.76%21.71%4.92%4.95%0.25%-17.07%-1.09%4.75%18.99%87.35%99.96%56.11%62.79%64.75%73.62%130.99%176.84%153.68%104.90%149.26%1.35%-38.63%26.31%19.64%
R&D-------------------0.711.311.71.511.051.5400.46--
R&D as % of Total Revenue-------------------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--
Interest Expense09.59M017.15M21.35M25.01M28.19M46.87M65.25M70.91M75.65M78.95M80.42M83.31M89.07M92.58M101.47M105.44M107.98M117.26M122.33M131.30M135.22M146.12M160.46M182.87M206.99M213.84M191.01M
Interest Expense % of Total Revenue0.00%22.54%0.00%21.98%21.54%21.55%21.33%22.57%25.22%24.99%25.73%24.64%24.29%24.98%24.61%22.45%21.27%20.82%20.23%19.65%19.15%19.07%17.38%16.55%17.20%18.15%19.43%19.22%19.04%

Balance Sheet

Currency: CAD1997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets236.55M304.79M419.08M528.30M621.30M783.21M839.26M1.86B1.94B2.02B2.26B2.24B2.28B2.35B3.80B4.92B5.56B5.93B7.10B7.89B9.19B10.84B14.02B15.50B17.71B17.74B16.97B15.58B15.13B
Total Liabilities162.12M199.27M258.32M324.19M368.08M519.51M569.08M1.29B1.36B1.43B1.68B1.76B1.82B1.76B2.06B2.49B2.80B2.94B3.44B3.73B4.26B4.53B5.61B6.23B7.31B7.74B7.69B6.55B6.37B
Total Equity74.43M105.52M160.76M204.11M253.22M263.70M270.18M575.70M588.36M594.48M584.28M485.93M457.18M595.85M1.74B2.43B2.76B2.98B3.66B4.16B4.92B6.32B8.40B9.27B10.40B10.00B9.28B9.03B8.76B
Cash3.22M5.22M135.54K16.00K18.65M-1.37M3.38M-----5.25M-----6.97M23.79M25.71M477.33M121.72M73.41M47.30M29.53M136.24M43.14M
Total Debt155.95M190.14M285.63M358.25M351.26M498.30M545.49M1.29B1.30B1.37B103.07M121.03M1.69B1.67B1.63B2.34B2.64B2.77B3.27B3.52B4.03B4.30B4.97B5.56B6.46B7.01B7.11B6.04B6.11B
Net Debt152.72M184.91M285.50M358.24M332.62M498.30M544.12M1.29B1.30B1.37B103.07M121.03M1.69B1.67B1.63B2.34B2.64B2.77B3.27B3.51B4.00B4.27B4.49B5.44B6.39B6.97B7.08B5.90B6.07B

Cash Flow

Currency: CAD1997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow4.84M13.28M12.82M24.48M27.06M36.31M36.59M63.24M61.76M68.41M71.54M86.05M76.05M89.81M189.01M210.22M260.28M283.98M292.82M361.36M358.94M431.18M454.63M481.36M551.43M598.03M615.92M648.85M568.82M
Investing Cash Flow-196.58M-100.92M-104.69M-65.60M-61.59M-136.75M-46.92M-210.24M-144.30M-123.62M-306.31M-81.90M-87.69M-104.37M-382.71M-511.66M-509.25M-189.16M-1.11B-550.19M-609.97M-623.11M-1.61B-1.02B-1.11B-502.97M-138.47M1.74B441.70M
Financing Cash Flow194.96M99.46M86.79M41.00M53.16M81.79M11.71M149.64M79.17M55.22M234.77M-4.15M11.64M18.92M189.35M301.44M248.97M-94.82M821.87M188.83M274.81M193.86M1.59B185.45M512.50M-132.32M-495.23M-2.29B-1.11B
Capital Expenditure196.58M100.92M104.69M65.60M61.59M136.75M51.21M219.09M186.41M117.13M279.15M144.08M88.07M172.82M387.87M131.28M158.37M164.90M174.03M197.49M163.73M203.78M242.36M244.86M299.42M336.47M307.83M249.81M241.59M
Free Cash Flow-191.74M-87.64M-91.87M-41.12M-34.53M-100.44M-14.62M-155.85M-124.66M-48.72M-207.61M-58.02M-12.02M-83.01M-198.86M78.94M101.91M119.08M118.80M163.87M195.21M227.39M212.27M236.50M252.01M261.56M308.09M399.04M327.24M
Dividends Paid4.05M9.82M14.54M20.43M25.36M25.06M23.33M38.78M48.80M53.71M53.62M60.04M65.11M63.39M66.14M75.95M87.97M86.92M96.74M109.40M120.75M134.93M150.46M180.07M177.77M219.76M234.07M239.96M238.97M
FCF to OCF-3965.34%-659.91%-716.68%-167.98%-127.64%-276.60%-39.96%-246.44%-201.84%-71.23%-290.20%-67.43%-15.81%-92.44%-105.21%37.55%39.16%41.93%40.57%45.35%54.39%52.74%46.69%49.13%45.70%43.74%50.02%61.50%57.53%
Dividend Paid to FCF-2.11%-11.20%-15.82%-49.68%-73.43%-24.95%-159.53%-24.89%-39.14%-110.24%-25.83%-103.48%-541.54%-76.36%-33.26%96.22%86.31%72.99%81.43%66.76%61.85%59.34%70.88%76.14%70.54%84.02%75.97%60.14%73.03%

Earnings

Report DateNov 23, 1999Feb 22, 2001May 17, 2001Aug 7, 2001Nov 15, 2001Feb 27, 2002Aug 15, 2003Nov 13, 2003Feb 19, 2004May 12, 2004Aug 10, 2004Nov 9, 2004May 13, 2005Aug 12, 2005Nov 11, 2005Feb 23, 2006May 11, 2006Aug 11, 2006Feb 19, 2008Nov 13, 2009Feb 24, 2010May 11, 2010Aug 10, 2010Nov 8, 2010Feb 22, 2011May 9, 2011Aug 9, 2011Nov 7, 2011Feb 28, 2012May 9, 2012Aug 8, 2012Nov 8, 2012Feb 26, 2013May 7, 2013Aug 7, 2013Nov 5, 2013Feb 28, 2014May 13, 2014Aug 8, 2014Nov 11, 2014Feb 17, 2015May 8, 2015Nov 16, 2015Feb 16, 2016May 6, 2016Aug 9, 2016Nov 7, 2016May 9, 2017Aug 14, 2017Nov 6, 2017Feb 27, 2018May 8, 2018Aug 10, 2018Nov 6, 2018Feb 26, 2019May 14, 2019Aug 13, 2019Nov 5, 2026
EPS Estimate0.260.260.260.260.260.260.340.330.300.250.340.360.230.350.330.30-0.050.330.290.080.02-0.050.050.37-0.01-0.010.240.350.320.430.440.490.350.440.350.400.360.350.410.420.380.410.440.440.410.460.46--------0.490.53-
EPS Actual0.230.270.270.320.270.220.340.360.310.230.350.350.230.320.340.27-0.060.320.130.010.15-0.070.060.050.710.130.330.292.900.300.280.381.730.670.580.540.810.370.661.070.360.47-0.031.070.670.450.461.030.751.562.730.711.800.825.121.351.06-
Surprise-11.54%3.85%3.85%23.08%3.85%-15.38%0.00%9.09%3.33%-8.00%2.94%-2.78%0.00%-8.57%3.03%-10.00%-20.00%-3.03%-55.17%-87.50%650.00%-40.00%20.00%-86.49%7200.00%1400.00%37.50%-17.14%806.25%-30.23%-36.36%-22.45%394.29%52.27%65.71%35.00%125.00%5.71%60.98%154.76%-5.26%14.63%-106.82%143.18%63.41%-2.17%0.00%--------175.51%100.00%-
Timing---After-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-Pre-marketAfter-hours-After-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hours

Key Statistics & Ratios

Market Cap4.79B
Enterprise Value10.95B
Trailing P/E0.00
Forward P/E12.22
PEG Ratio1.52
Price / Sales4.84
Price / Book0.58
EPS-0.87
Book Value54.17
Revenue (TTM)989.93M
Gross Profit (TTM)644.31M
EBITDA594.24M
Profit Margin-13.32%
Operating Margin59.17%
Return on Equity-1.09%
Return on Assets2.44%
Shares Outstanding152.42M
Shares Float152.23M
Beta0.91
Dividend Yield4.99%
Dividend Rate1.55
Payout Ratio18210.26%

Dividends

202610×
0.13Oct 30, 20260.13Sep 29, 20260.13Aug 31, 20260.13Jul 31, 20260.13Jun 30, 20260.13May 29, 20260.13Apr 30, 20260.13Mar 31, 20260.13Feb 27, 20260.13Jan 30, 2026
202512×
0.13Dec 31, 20250.13Nov 28, 20250.13Oct 31, 20250.13Sep 29, 20250.13Aug 29, 20250.13Jul 31, 20250.13Jun 30, 20250.13May 30, 20250.13Apr 30, 20250.13Mar 31, 20250.13Feb 28, 20250.13Jan 31, 2025
20242×
1.65Dec 31, 20240.13Nov 29, 2024

Stock Splits

  • Dec 31, 20251:1.0244