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Dream Office Real Estate Investment Trust

Dream Office Real Estate Investment Trust

D-UN · TO · Real Estate / REIT - Office

15.72CAD-0.01 (-0.06%)

Price History

Full chart

Market Stats

Previous Close15.73
Open15.70
Day Range15.70 – 15.83
52-Week Range14.85 – 20.32
Volume7.04K
Market Cap325.08M
P/E (TTM)0.00
Forward P/E10.91
EPS-4.25
Dividend Yield5.86%
Beta1.13
50-Day Avg18.15
200-Day Avg17.77

About

Dream Office Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust. Dream Office REIT is a premier office landlord in downtown Toronto with over 4 million square feet owned and managed. We have carefully curated an investment portfolio of high-quality assets that are well located in the central financial district with convenient access to public transportation and amenities. Dream Office Real Estate Investment Trust was established on June 30, 2003 and incorporated in Ontario, Canada.

Company Details

  • SectorReal Estate
  • IndustryREIT - Office
  • CEOMr. Michael J. Cooper
  • Employees0
  • Headquarters30 Adelaide Street East, Toronto, ON, Canada, M5C 3H1, Canada
  • Websitehttps://www.dreamofficerei.ca

Leadership

  • Mr. Michael J. CooperChairman & CEO · b. 1961
  • Mr. Jay Jiang C.A., CPAChief Financial Officer
  • Mr. Derrick LauSenior Vice President of Portfolio Management

Financials

Income Statement

Currency: CAD1996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue10.80M67.60M175.40M222.56M229.40M249.79M291.80M78.16M187.18M222.76M106.02M158.10M183.44M193.76M239.38M411.59M607.80M687.17M705.28M690.96M664.29M474.05M242.43M229.02M206.59M197.54M196.27M190.45M196.11M197.35M
Growth (%)-+525.93%+159.47%+26.89%+3.07%+8.89%+16.82%-73.21%+139.48%+19.01%-52.41%+49.12%+16.03%+5.62%+23.54%+71.94%+47.67%+13.06%+2.64%-2.03%-3.86%-28.64%-48.86%-5.53%-9.80%-4.38%-0.64%-2.97%+2.98%+0.63%
Cost of Revenue9.30M53.50M111.80M143.70M143.29M154.35M189.00M37.38M85.31M99.54M38.98M55.60M66.03M71.13M95.73M158.95M259.25M295.67M303.77M303.45M295.71M212.12M110.60M101.44M93.64M88.80M90.15M88.11M89.98M109.15M
Gross Profit1.50M14.10M63.60M78.86M86.10M95.43M102.80M40.79M101.87M123.22M67.04M102.50M117.42M122.63M143.65M252.64M348.55M391.50M401.51M387.51M368.58M261.93M131.83M127.58M112.94M108.74M106.12M102.33M106.13M88.20M
Gross Margin13.89%20.86%36.26%35.43%37.53%38.21%35.23%52.18%54.43%55.31%63.24%64.83%64.01%63.29%60.01%61.38%57.35%56.97%56.93%56.08%55.48%55.25%54.38%55.71%54.67%55.05%54.07%53.73%54.12%44.69%
Operating Expense500.00K3.60M12.30M18.50M20.76M23.63M22.88M10.06M43.45M55.53M35.78M54.59M59.37M56.45M10.61M23.91M17.13M32.85M33.48M24.10M24.17M17.57M17.57M14.93M13.51M14.09M12.41M12.55M11.25M-330.00K
Operating Income1.00M10.50M51.30M60.36M65.35M71.80M79.92M30.73M58.43M67.69M31.27M47.91M58.05M66.18M133.04M228.73M331.42M358.65M368.03M363.42M344.40M244.37M114.26M112.65M99.44M94.65M93.71M89.78M94.88M88.53M
Operating Margin9.26%15.53%29.25%27.12%28.49%28.74%27.39%39.31%31.21%30.39%29.49%30.31%31.64%34.16%55.58%55.57%54.53%52.19%52.18%52.60%51.85%51.55%47.13%49.19%48.13%47.92%47.75%47.14%48.38%44.86%
EBITDA1.10M11.30M58.30M71.76M79.65M87.08M95.94M38.68M97.11M109.78M96.25M131.59M112.26M117.05M133.58M442.99M332.26M592.42M436.56M103.63M215.57M245.57M221.01M197.34M238.22M214.29M120.29M-14.27M-40.74M-81.35M
EBITDA Margin10.19%16.72%33.24%32.24%34.72%34.86%32.88%49.48%51.88%49.28%90.79%83.23%61.20%60.41%55.80%107.63%54.67%86.21%61.90%15.00%32.45%51.80%91.16%86.17%115.31%108.48%61.29%-7.49%-20.77%-41.22%
Net Income600.00K6.30M20.20M13.40M15.26M38.29M11.83M12.17M4.35M4.31M11.22M762.30M10.46M13.42M216.00M400.92M291.07M445.01M159.29M-55.04M-879.71M134.79M157.78M117.32M177.28M154.21M63.64M-77.20M-104.93M-160.11M
Net Income Margin5.56%9.32%11.52%6.02%6.65%15.33%4.05%15.57%2.33%1.93%10.58%482.16%5.70%6.93%90.23%97.41%47.89%64.76%22.59%-7.97%-132.43%28.43%65.08%51.23%85.81%78.06%32.42%-40.53%-53.51%-81.13%
R&D--------------------1.10.250.410.290.630.330.020.24--
R&D as % of Total Revenue--------------------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--
Interest Expense---------54.45M66.01M37.39M48.23M49.74M62.30M87.30M136.99M141.66M141.17M141.99M127.33M92.52M56.14M55.80M48.66M48.68M55.55M62.72M66.36M63.41M
Interest Expense % of Total Revenue---------24.44%62.26%23.65%26.29%25.67%26.02%21.21%22.54%20.62%20.02%20.55%19.17%19.52%23.16%24.36%23.55%24.64%28.30%32.93%33.84%32.13%

Balance Sheet

Currency: CAD1996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets68.60M216.40M1.08B1.11B1.11B1.12B1.14B997.18M1.20B1.51B2.13B1.16B1.32B1.34B2.58B4.47B6.35B7.12B7.03B6.76B5.49B3.32B3.12B2.91B2.89B3.07B3.07B2.67B2.58B2.27B
Total Liabilities21.80M80.50M570.10M619.80M643.53M656.00M699.31M611.22M732.99M989.00M1.24B748.30M951.54M936.09M1.37B2.35B3.06B3.40B3.25B3.28B3.11B1.59B1.63B1.43B1.39B1.52B1.53B1.47B1.50B1.37B
Total Equity46.80M135.90M505.10M492.80M464.43M462.17M437.11M385.95M318.55M371.74M888.11M408.14M364.63M399.15M1.22B2.12B3.30B3.72B3.78B3.48B2.37B1.74B1.50B1.48B1.50B1.55B1.53B1.20B1.08B900.01M
Cash17.60M24.90M29.20M2.30M13.57M8.69M31.03M3.98M17.33M16.52M71.00M37.73M69.27M12.02M108.81M111.87M24.01M31.02M10.92M2.05M7.67M96.96M8.77M95.41M13.07M8.76M8.02M13.27M18.27M15.17M
Total Debt16.80M53.10M506.90M556.30M549.46M558.06M581.38M582.49M693.15M943.62M1.15B680.48M883.70M857.06M1.20B2.12B2.78B3.15B3.10B3.01B2.65B1.37B1.41B1.15B1.20B1.29B1.38B1.34B1.31B1.24B
Net Debt-800.00K28.20M477.70M554.00M535.89M549.37M550.35M578.52M675.82M927.11M1.08B642.75M814.43M844.84M1.09B2.01B2.75B3.12B3.09B3.01B2.64B1.27B1.40B1.06B1.19B1.28B1.37B1.33B1.29B1.22B

Cash Flow

Currency: CAD1996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow1.50M-29.50M-34.70M26.10M39.85M27.57M53.88M20.25M45.01M62.99M87.86M83.97M41.13M59.51M79.38M89.91M134.07M195.24M203.35M192.51M147.37M79.82M46.53M122.23M94.29M95.81M76.67M70.72M72.39M13.74M
Investing Cash Flow5.40M-81.60M-486.10M-39.30M-14.04M29.59M-10.56M-59.36M-119.47M-276.73M-470.60M925.75M-150.87M-104.98M-735.34M-1.18B-593.66M-499.61M17.76M113.51M520.94M1.61B243.66M278.35M-4.50M-29.38M-19.24M286.12M-21.07M143.52M
Financing Cash Flow10.60M118.40M525.10M-9.00M-22.97M-60.37M-21.68M41.51M87.82M212.92M437.21M-1.04B141.28M-11.58M773.02M1.09B371.88M311.30M-241.40M-316.89M-662.61M-1.60B-378.51M-313.86M-172.15M-70.74M-58.59M-351.41M-47.15M-159.83M
Capital Expenditure6.90M81.60M507.20M43.40M06.60M14.72M50.15M161.29M284.06M503.61M569.86M158.08M114.40M744.66M8.04M22.14M31.78M32.62M46.20M50.31M28.70M18.03M23.23M34.72M41.12M35.43M25.11M30.79M34.46M
Free Cash Flow-5.40M-111.10M-541.90M-17.30M39.85M20.98M39.15M-29.90M-116.28M-221.06M-415.75M-485.89M-116.95M-54.90M-665.28M81.86M114.75M163.46M170.73M146.30M97.06M51.12M28.50M99.00M59.58M95.80M41.24M45.62M41.61M-20.72M
Dividends Paid-------7.95M31.00M31.70M50.07M70.53M37.50M44.73M73.81M98.75M147.60M180.44M175.91M151.94M159.78M122.84M64.55M57.87M54.61M50.16M46.98M39.07M19.05M16.36M
FCF to OCF-360.00%376.61%1561.67%-66.28%100.00%76.08%72.67%-147.70%-258.37%-350.94%-473.18%-578.67%-284.38%-92.25%-838.06%91.05%85.59%83.72%83.96%76.00%65.86%64.04%61.24%80.99%63.18%100.00%53.79%64.50%57.47%-150.74%
Dividend Paid to FCF--------26.59%-26.66%-14.34%-12.04%-14.52%-32.07%-81.48%-11.09%120.63%128.63%110.39%103.03%103.86%164.63%240.30%226.53%58.45%91.66%52.36%113.91%85.65%45.78%-78.96%

Earnings

Report DateAug 12, 2004Nov 11, 2004Feb 21, 2005Aug 4, 2005Nov 10, 2005Feb 23, 2006May 4, 2006Aug 10, 2006Nov 9, 2006Feb 22, 2007May 11, 2009Aug 4, 2009Nov 3, 2009Feb 23, 2010May 6, 2010Aug 5, 2010Nov 2, 2010Feb 24, 2011Apr 19, 2011Aug 2, 2011Nov 7, 2011Feb 22, 2012May 3, 2012Aug 8, 2012Nov 5, 2012Feb 20, 2013May 8, 2013Aug 8, 2013Nov 6, 2013Feb 27, 2014May 8, 2014Aug 7, 2014Nov 13, 2014Feb 19, 2015May 7, 2015Aug 6, 2015Nov 12, 2015Feb 18, 2016Aug 10, 2016Nov 10, 2016Aug 2, 2023Nov 5, 2026
EPS Estimate1.201.161.101.181.16-0.071.141.161.100.170.280.180.190.140.900.580.610.640.641.341.020.656.423.653.384.974.554.585.210.681.781.851.340.671.361.361.361.320.680.640.68-
EPS Actual-1.001.101.021.101.10-0.281.101.101.100.240.18-0.230.350.260.500.380.320.200.202.662.173.451.720.661.642.362.882.671.670.540.930.850.990.071.12-1.540.46-0.950.650.62-2.00-
Surprise-183.33%-5.17%-7.27%-6.78%-5.17%-300.00%-3.51%-5.17%0.00%41.18%-35.71%-227.78%84.21%85.71%-44.44%-34.48%-47.54%-68.75%-68.75%98.51%112.75%430.77%-73.21%-81.92%-51.48%-52.52%-36.70%-41.70%-67.95%-20.59%-47.75%-54.05%-26.12%-89.55%-17.65%-213.24%-66.18%-171.97%-4.41%-3.13%-394.12%-
TimingAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-----After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap325.08M
Enterprise Value1.48B
Trailing P/E0.00
Forward P/E10.91
PEG Ratio1.04
Price / Sales1.80
Price / Book0.32
EPS-4.25
Book Value54.22
Revenue (TTM)180.88M
Gross Profit (TTM)98.02M
EBITDA87.84M
Profit Margin-45.69%
Operating Margin51.45%
Return on Equity-8.77%
Return on Assets2.41%
Shares Outstanding16.44M
Shares Float16.00M
Beta1.13
Dividend Yield5.86%
Dividend Rate1.00
Payout Ratio233.42%

Dividends

20269×
0.08Oct 30, 20260.08Aug 31, 20260.08Jul 31, 20260.08Jun 30, 20260.08May 29, 20260.08Apr 30, 20260.08Mar 31, 20260.08Feb 27, 20260.08Jan 30, 2026
202512×
0.08Dec 31, 20250.08Nov 28, 20250.08Oct 31, 20250.08Sep 29, 20250.08Aug 29, 20250.08Jul 31, 20250.08Jun 30, 20250.08May 30, 20250.08Apr 30, 20250.08Mar 31, 20250.08Feb 28, 20250.08Jan 31, 2025
20243×
0.08Dec 31, 20240.08Nov 29, 20240.08Oct 31, 2024

Stock Splits

  • Feb 27, 20241:2
  • Jun 15, 2023764:1000