SmartCentres Real Estate Investment Trust Key Executives

This section highlights SmartCentres Real Estate Investment Trust's key executives, including their titles and compensation details.

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SmartCentres Real Estate Investment Trust Earnings

This section highlights SmartCentres Real Estate Investment Trust's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.

Next Earnings Date

Date: May 07, 2025
Time: Before Market
Est. EPS: $-
Status: Unconfirmed

Last Earnings Results

Date: February 12, 2025
EPS: $0.68
Est. EPS: $-
Revenue: $229.74M

Earnings Call Transcripts

Transcript Quarter Year Date Estimated EPS Actual EPS
Read Transcript Q4 2024 2025-02-13 N/A N/A
Read Transcript Q3 2024 2024-11-14 N/A N/A
Read Transcript Q2 2024 2024-08-09 N/A N/A
Read Transcript Q1 2024 2024-05-11 N/A N/A
Read Transcript Q4 2023 2024-02-15 N/A N/A
Read Transcript Q3 2023 2023-11-10 N/A N/A
Read Transcript Q2 2023 2023-08-10 N/A N/A
Read Transcript Q1 2023 2023-05-12 N/A N/A

SmartCentres Real Estate Investment Trust (SRU-UN.TO)

SmartCentres Real Estate Investment Trust is one of Canada's largest fully integrated REITs, with a best-in-class portfolio featuring 166 strategically located properties in communities across the country. SmartCentres has approximately $10.4 billion in assets and owns 33.8 million square feet of income producing value-oriented retail space with 97.4% occupancy, on 3,500 acres of owned land across Canada. SmartCentres continues to focus on enhancing the lives of Canadians by planning and developing complete, connected, mixed-use communities on its existing retail properties. A publicly announced $11.9 billion intensification program ($5.4 billion at SmartCentres' share) represents the REIT's current major development focus on which construction is expected to commence within the next five years. This intensification program consists of rental apartments, condos, seniors' residences and hotels, to be developed under the SmartLiving banner, and retail, office, and storage facilities, to be developed under the SmartCentres banner. SmartCentres' intensification program is expected to produce an additional 59.3 million square feet (27.9 million square feet at SmartCentres' share) of space, 27.1 million square feet (12.3 million square feet at SmartCentres' share) of which has or will commence construction within next five years. From shopping centres to city centres, SmartCentres is uniquely positioned to reshape the Canadian urban and urban-suburban landscape. Included in this intensification program is the Trust's share of SmartVMC which, when completed, is expected to include approximately 11.0 million square feet of mixed-use space in Vaughan, Ontario. Construction of the first five sold-out phases of Transit City Condominiums that represent 2,789 residential units continues to progress. Final closings of the first two phases of Transit City Condominiums began ahead of budget and ahead of schedule in August 2020 and as at September 30, 2020, 766 units (representing approximately 70% of all 1,110 units in the first and second phases) had closed with the balance of units expected to close before year end. In addition, the presold 631 units in the third phase along with 22 townhomes, all of which are sold out and currently under construction, are expected to close in 2021. The fourth and fifth sold-out phases representing 1,026 units are currently under construction and are expected to close in 2023.

Real Estate REIT - Retail

$25.40

Stock Price

$3.68B

Market Cap

-

Employees

Vaughan, ON

Location

Financial Statements

Access annual & quarterly financial statements for SmartCentres Real Estate Investment Trust, including income statements, balance sheets, and cash flow statements..

Annual Income Statement

Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Revenue $918.36M $929.40M $804.60M $780.76M $781.25M
Cost of Revenue $370.85M $321.02M $283.44M $279.52M $306.59M
Gross Profit $547.51M $608.38M $521.16M $501.24M $474.66M
Gross Profit Ratio 59.62% 65.46% 64.77% 64.20% 60.76%
Research and Development Expenses $- $- $1 $1 $0
General and Administrative Expenses $36.34M $36.37M $50.49M $46.02M $41.30M
Selling and Marketing Expenses $- $-5.56M $- $- $-
Selling General and Administrative Expenses $36.34M $30.81M $50.49M $46.02M $41.30M
Other Expenses $1.33M $- $1.33M $1.33M $1.33M
Operating Expenses $37.67M $30.81M $51.83M $47.36M $42.63M
Cost and Expenses $408.52M $351.83M $335.26M $326.88M $349.22M
Interest Income $14.21M $16.18M $18.50M $12.87M $16.10M
Interest Expense $179.20M $160.28M $147.52M $141.24M $156.77M
Depreciation and Amortization $7.36M $12.99M $244.02M $361.11M $332.35M
EBITDA $478.63M $681.02M $498.73M $686.84M $520.44M
EBITDA Ratio 52.12% 73.28% 61.99% 87.97% 66.62%
Operating Income $509.84M $577.57M $488.42M $674.38M $505.97M
Operating Income Ratio 55.52% 62.14% 60.70% 86.37% 64.76%
Total Other Income Expenses Net $-217.77M $-67.47M $147.54M $313.30M $-342.09M
Income Before Tax $292.07M $510.10M $635.97M $987.68M $89.94M
Income Before Tax Ratio 31.80% 54.89% 79.04% 126.50% 11.51%
Income Tax Expense $- $- $-175.14M $512.40M $233.40M
Net Income $236.75M $413.70M $811.11M $475.28M $-143.46M
Net Income Ratio 25.78% 44.51% 100.81% 60.87% -18.36%
EPS $1.39 $2.32 $4.55 $2.76 $-0.83
EPS Diluted $1.39 $2.43 $4.51 $2.74 $-0.83
Weighted Average Shares Outstanding 170.37M 178.18M 178.12M 172.45M 171.97M
Weighted Average Shares Outstanding Diluted 170.37M 170.29M 179.66M 173.75M 172.97M
SEC Filing Source Source Source Source Source


Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
Revenue $229.74M $243.33M $228.05M $221.17M $211.02M $206.02M $206.95M $210.59M $207.10M $196.68M $198.30M $202.52M $192.81M $195.17M $193.94M $198.84M $197.90M $186.34M $190.28M $206.73M
Cost of Revenue $88.16M $101.35M $94.83M $89.32M $82.57M $75.61M $77.06M $80.88M $72.54M $64.59M $68.85M $77.45M $61.92M $67.71M $71.13M $78.76M $76.42M $70.34M $80.90M $78.93M
Gross Profit $141.58M $141.98M $133.22M $131.85M $128.45M $130.40M $129.89M $129.72M $134.56M $132.08M $129.44M $125.07M $130.90M $127.46M $122.81M $120.07M $121.48M $116.00M $109.39M $127.80M
Gross Profit Ratio 61.63% 58.35% 58.42% 59.61% 60.87% 63.30% 62.76% 61.60% 64.98% 67.16% 65.28% 61.76% 67.89% 65.31% 63.32% 60.39% 61.38% 62.25% 57.49% 61.82%
Research and Development Expenses $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
General and Administrative Expenses $10.46M $8.76M $8.86M $8.27M $10.21M $7.43M $8.98M $13.32M $11.99M $15.25M $12.06M $11.19M $12.35M $11.95M $10.64M $11.08M $10.85M $10.15M $11.05M $9.25M
Selling and Marketing Expenses $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Selling General and Administrative Expenses $10.46M $8.76M $8.86M $8.27M $10.21M $7.43M $8.98M $13.32M $11.99M $15.25M $12.06M $11.19M $12.35M $11.95M $10.64M $11.08M $10.85M $10.15M $11.05M $9.25M
Other Expenses $333.00K $133.22M $- $14.57M $-48.16M $18.69M $28.63M $333.00K $333.00K $333.00K $333.00K $333.00K $332.00K $333.00K $333.00K $333.00K $332.00K $333.00K $333.00K $333.00K
Operating Expenses $10.79M $141.98M $133.22M $-14.57M $10.54M $7.76M $9.31M $13.65M $12.32M $15.58M $12.39M $11.52M $12.68M $12.28M $10.98M $11.42M $11.18M $10.48M $11.39M $9.58M
Cost and Expenses $98.96M $243.33M $96.53M $74.75M $93.11M $83.38M $86.38M $94.53M $84.86M $80.18M $81.25M $88.98M $74.60M $79.99M $82.11M $90.18M $87.60M $80.82M $92.28M $88.51M
Interest Income $3.02M $3.37M $2.89M $3.97M $4.42M $5.34M $5.26M $4.92M $5.59M $5.83M $3.99M $3.08M $2.87M $2.73M $3.53M $3.74M $4.33M $4.25M $4.02M $3.51M
Interest Expense $44.29M $46.67M $44.60M $43.64M $40.97M $41.30M $39.32M $38.68M $39.58M $38.45M $35.05M $34.44M $34.88M $34.28M $35.78M $36.30M $50.62M $36.69M $35.68M $33.78M
Depreciation and Amortization $1.66M $1.83M $2.49M $2.82M $4.70M $2.54M $2.80M $2.94M $2.76M $2.86M $2.54M $2.62M $2.80M $969.00K $461.00K $5.62M $3.44M $3.72M $5.03M $2.27M
EBITDA $187.80M $90.98M $137.82M $149.24M $113.88M $191.54M $141.30M $132.46M $128.76M $125.62M $126.44M $117.91M $283.08M $133.55M $137.90M $132.30M $137.13M $146.34M $-92.96M $127.73M
EBITDA Ratio 81.74% 37.39% 60.43% 67.48% 53.97% 92.98% 68.28% 62.90% 62.17% 63.87% 63.76% 58.22% 146.82% 68.43% 71.11% 66.54% 69.29% 78.53% -48.86% 61.79%
Operating Income $130.79M $132.89M $135.33M $146.42M $111.27M $189.42M $138.35M $129.51M $125.99M $122.87M $124.23M $115.34M $280.27M $131.33M $136.10M $126.68M $133.69M $142.61M $104.22M $125.45M
Operating Income Ratio 56.93% 54.61% 59.34% 66.20% 52.73% 91.94% 66.85% 61.50% 60.83% 62.47% 62.65% 56.95% 145.36% 67.29% 70.18% 63.71% 67.55% 76.53% 54.77% 60.69%
Total Other Income Expenses Net $11.06M $-90.41M $-6.42M $-167.60M $-103.58M $62.94M $7.67M $-3.21M $-21.93M $-113.24M $-20.41M $235.62M $387.30M $45.97M $-14.84M $-48.10M $-61.91M $-34.33M $-231.68M $-54.01M
Income Before Tax $141.85M $42.48M $128.92M $-17.14M $14.16M $215.18M $167.90M $112.86M $100.31M $3.55M $162.00M $370.11M $652.08M $178.05M $96.98M $60.56M $48.38M $111.03M $-133.67M $64.20M
Income Before Tax Ratio 61.74% 17.46% 56.53% -7.75% 6.71% 104.45% 81.13% 53.59% 48.44% 1.80% 81.69% 182.75% 338.20% 91.23% 50.01% 30.46% 24.45% 59.58% -70.25% 31.06%
Income Tax Expense $- $- $- $133.00K $33.62M $144.31M $84.46M $-699.00K $5.04M $81.63M $-42.27M $-219.55M $-301.09M $-52.34M $18.97M $39.62M $42.48M $12.63M $181.02M $37.75M
Net Income $115.08M $34.41M $104.55M $-17.28M $11.40M $174.56M $136.20M $91.53M $81.36M $-78.08M $204.26M $589.66M $546.48M $149.39M $81.35M $50.76M $40.59M $93.30M $-112.48M $53.92M
Net Income Ratio 50.09% 14.14% 45.85% -7.81% 5.40% 84.73% 65.81% 43.46% 39.28% -39.70% 103.01% 291.16% 283.43% 76.54% 41.95% 25.53% 20.51% 50.07% -59.11% 26.08%
EPS $0.68 $0.20 $0.59 $-0.10 $0.06 $0.98 $0.76 $0.51 $0.46 $-0.46 $1.15 $3.28 $5.60 $0.88 $0.47 $0.29 $0.03 $0.54 $-0.65 $0.31
EPS Diluted $0.68 $0.20 $0.58 $-0.10 $0.06 $0.97 $0.76 $0.51 $0.45 $-0.46 $1.14 $3.28 $5.60 $0.88 $0.47 $0.29 $0.03 $0.54 $-0.65 $0.31
Weighted Average Shares Outstanding 170.37M 170.37M 178.18M 178.19M 178.19M 178.18M 178.18M 178.16M 178.13M 170.23M 178.12M 179.59M 170.19M 170.19M 172.28M 172.24M 170.12M 172.11M 171.99M 171.57M
Weighted Average Shares Outstanding Diluted 170.37M 170.37M 180.66M 178.19M 180.09M 180.07M 180.05M 179.89M 179.70M 170.23M 179.66M 179.59M 170.19M 170.19M 173.54M 173.42M 170.12M 173.12M 172.98M 172.52M
SEC Filing Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source

Annual Balance Sheet

Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Cash and Cash Equivalents $37.69M $34.74M $35.26M $62.23M $794.59M
Short Term Investments $- $- $- $- $-
Cash and Short Term Investments $37.69M $34.74M $35.26M $62.23M $794.59M
Net Receivables $80.46M $27.34M $29.06M $29.20M $46.11M
Inventory $31.74M $51.72M $40.37M $27.40M $25.80M
Other Current Assets $12.70M $191.10M $84.86M $32.63M $20.98M
Total Current Assets $162.59M $304.90M $276.14M $223.41M $1.01B
Property Plant Equipment Net $- $4.17M $4.41M $4.90M $6.63M
Goodwill $13.98M $13.98M $13.98M $13.98M $13.98M
Intangible Assets $27.17M $28.50M $29.83M $31.16M $32.49M
Goodwill and Intangible Assets $41.15M $42.48M $43.81M $45.14M $46.47M
Long Term Investments $749.62M $756.92M $681.00M $654.44M $463.20M
Tax Assets $- $- $11.70B $10.28B $9.16B
Other Non-Current Assets $10.99B $10.93B $-1.01B $82.76M $36.73M
Total Non-Current Assets $11.78B $11.73B $11.43B $11.07B $9.71B
Other Assets $- $-129.78M $- $- $-
Total Assets $11.94B $11.91B $11.70B $11.29B $10.72B
Account Payables $99.60M $95.36M $86.59M $78.52M $77.34M
Short Term Debt $986.91M $605.48M $459.28M $678.41M $766.74M
Tax Payables $1.75M $2.72M $2.95M $3.19M $4.96M
Deferred Revenue $800.00K $- $120.05M $118.83M $87.52M
Other Current Liabilities $432.90M $155.41M $51.53M $52.53M $71.45M
Total Current Liabilities $1.52B $858.96M $720.40M $931.48M $1.10B
Long Term Debt $4.06B $4.39B $4.54B $4.19B $4.38B
Deferred Revenue Non-Current $- $- $5.54B $5.45B $5.56B
Deferred Tax Liabilities Non-Current $- $- $17.27M $18.24M $-5.56B
Other Non-Current Liabilities $20.78M $293.11M $277.40M $326.08M $82.88M
Total Non-Current Liabilities $4.08B $4.69B $4.82B $4.52B $4.46B
Other Liabilities $- $- $- $- $-
Total Liabilities $5.60B $5.55B $5.54B $5.45B $5.56B
Preferred Stock $- $- $2.04B $1.79B $1.23B
Common Stock $3.09B $3.09B $3.09B $3.09B $3.09B
Retained Earnings $2.15B $2.18B $2.04B $1.79B $1.23B
Accumulated Other Comprehensive Income Loss $- $- $0 $0 $-0
Other Total Stockholders Equity $- $- $-2.04B $-1.79B $-1.23B
Total Stockholders Equity $5.24B $5.27B $5.13B $4.88B $4.32B
Total Equity $6.34B $6.36B $6.16B $5.84B $5.17B
Total Liabilities and Stockholders Equity $11.94B $11.91B $11.70B $11.29B $10.72B
Minority Interest $1.09B $1.09B $1.04B $963.35M $849.62M
Total Liabilities and Total Equity $11.94B $11.91B $11.70B $11.29B $10.72B
Total Investments $749.62M $756.92M $681.00M $654.44M $463.20M
Total Debt $5.05B $5.00B $4.98B $4.85B $5.21B
Net Debt $5.01B $4.96B $4.95B $4.79B $4.42B


Balance Sheet Charts

Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
Cash and Cash Equivalents $37.69M $38.28M $49.31M $39.41M $34.74M $48.95M $44.79M $32.64M $35.26M $19.48M $34.69M $53.61M $62.23M $68.86M $57.60M $399.95M $794.59M $425.68M $532.08M $439.46M
Short Term Investments $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Cash and Short Term Investments $37.69M $38.28M $49.31M $39.41M $34.74M $48.95M $44.79M $32.64M $35.26M $19.48M $34.69M $53.61M $62.23M $68.86M $57.60M $399.95M $794.59M $425.68M $532.08M $439.46M
Net Receivables $80.46M $95.19M $37.79M $34.45M $27.34M $27.63M $31.65M $29.29M $29.06M $36.36M $34.38M $31.45M $29.20M $29.07M $41.88M $45.89M $46.11M $62.14M $67.66M $27.18M
Inventory $31.74M $33.87M $52.95M $58.86M $51.72M $46.83M $43.03M $41.70M $40.37M $31.89M $29.75M $28.32M $27.40M $26.84M $26.42M $26.12M $25.80M $25.52M $25.14M $24.90M
Other Current Assets $12.70M $53.45M $108.73M $73.77M $61.32M $85.49M $74.39M $56.12M $84.86M $75.40M $65.84M $43.46M $32.63M $147.23M $48.63M $26.74M $20.98M $54.71M $34.60M $37.18M
Total Current Assets $162.59M $220.78M $248.78M $340.71M $304.90M $404.71M $401.00M $244.76M $276.14M $307.62M $259.91M $244.09M $223.41M $343.24M $245.31M $621.28M $1.01B $740.14M $826.30M $585.45M
Property Plant Equipment Net $- $10.97M $11.41M $11.81M $4.17M $4.18M $4.08M $4.17M $4.41M $3.48M $3.95M $4.36M $4.90M $5.30M $5.84M $5.90M $6.63M $2.19M $2.21M $2.46M
Goodwill $13.98M $- $- $- $13.98M $- $- $- $13.98M $- $- $- $13.98M $- $- $- $13.98M $13.98M $13.98M $13.98M
Intangible Assets $27.17M $- $41.81M $42.14M $28.50M $42.81M $43.14M $43.47M $29.83M $44.14M $44.47M $44.81M $31.16M $45.47M $45.80M $46.14M $32.49M $32.82M $33.16M $33.49M
Goodwill and Intangible Assets $41.15M $41.48M $41.81M $42.14M $42.48M $42.81M $43.14M $43.47M $43.81M $44.14M $44.47M $44.81M $45.14M $45.47M $45.80M $46.14M $46.47M $46.80M $47.13M $47.47M
Long Term Investments $749.62M $738.38M $749.45M $876.40M $756.92M $780.00M $709.16M $688.34M $681.00M $646.39M $650.49M $643.63M $654.44M $486.97M $465.59M $433.31M $463.20M $435.97M $411.11M $399.72M
Tax Assets $- $- $10.89B $10.56B $- $10.74B $10.64B $- $- $- $- $- $10.28B $9.28B $9.24B $9.18B $9.16B $9.10B $9.06B $9.36B
Other Non-Current Assets $10.99B $10.90B $19.23M $21.12M $10.80B $40.92M $38.80M $10.74B $10.70B $10.86B $10.95B $10.79B $82.76M $33.00M $34.49M $35.10M $36.73M $37.34M $36.41M $37.51M
Total Non-Current Assets $11.78B $11.69B $11.71B $11.51B $11.60B $11.61B $11.43B $11.47B $11.43B $11.56B $11.65B $11.48B $11.07B $9.85B $9.79B $9.70B $9.71B $9.63B $9.56B $9.85B
Other Assets $- $- $-8.16M $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Assets $11.94B $11.91B $11.95B $11.85B $11.91B $12.01B $11.83B $11.72B $11.70B $11.86B $11.91B $11.72B $11.29B $10.19B $10.04B $10.32B $10.72B $10.37B $10.38B $10.43B
Account Payables $99.60M $107.27M $104.33M $90.37M $95.36M $92.83M $80.98M $78.45M $86.59M $78.99M $71.25M $84.65M $78.52M $68.68M $68.13M $73.79M $77.34M $78.65M $86.06M $87.90M
Short Term Debt $986.91M $548.23M $925.98M $845.15M $605.48M $538.25M $364.58M $533.50M $459.28M $412.94M $378.24M $51.28M $678.41M $205.18M $173.47M $418.39M $766.74M $676.97M $797.96M $558.42M
Tax Payables $1.75M $7.99M $15.39M $14.53M $2.72M $3.29M $10.39M $12.19M $2.95M $3.41M $7.88M $17.36M $3.19M $6.88M $10.63M $20.09M $4.96M $11.64M $31.21M $18.50M
Deferred Revenue $800.00K $2.58M $- $11.71M $104.80M $111.48M $114.83M $107.57M $120.05M $131.50M $132.57M $122.22M $118.83M $101.29M $104.22M $78.57M $87.52M $92.98M $68.32M $61.51M
Other Current Liabilities $432.90M $466.01M $404.47M $399.52M $50.62M $165.20M $51.11M $159.90M $51.53M $184.96M $51.70M $64.20M $52.53M $64.70M $52.34M $67.49M $71.45M $82.39M $52.31M $58.18M
Total Current Liabilities $1.52B $1.13B $1.45B $1.35B $858.96M $811.26M $621.89M $795.73M $720.40M $691.66M $641.63M $461.93M $931.48M $548.02M $513.01M $716.81M $1.10B $1.04B $1.07B $846.01M
Long Term Debt $4.06B $4.48B $4.17B $4.23B $4.41B $4.53B $4.66B $4.44B $4.54B $4.76B $4.77B $4.80B $4.19B $4.25B $4.24B $4.35B $4.38B $4.05B $4.07B $4.13B
Deferred Revenue Non-Current $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Deferred Tax Liabilities Non-Current $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Other Non-Current Liabilities $20.78M $23.16M $24.75M $14.04M $275.38M $245.53M $260.41M $284.08M $277.40M $265.46M $278.94M $331.32M $326.08M $121.49M $116.16M $101.36M $82.88M $80.45M $80.01M $80.82M
Total Non-Current Liabilities $4.08B $4.50B $4.19B $4.24B $4.69B $4.78B $4.92B $4.73B $4.82B $5.03B $5.05B $5.13B $4.52B $4.38B $4.36B $4.45B $4.46B $4.13B $4.15B $4.21B
Other Liabilities $- $- $- $249.18M $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Liabilities $5.60B $5.63B $5.64B $5.84B $5.55B $5.59B $5.55B $5.52B $5.54B $5.72B $5.69B $5.59B $5.45B $4.92B $4.87B $5.17B $5.56B $5.17B $5.22B $5.06B
Preferred Stock $- $- $- $- $- $- $- $- $- $- $- $- $1 $- $- $- $- $1 $- $-
Common Stock $3.09B $3.09B $3.09B $3.09B $3.09B $3.09B $3.09B $3.09B $3.09B $3.09B $3.09B $3.09B $3.09B $3.09B $3.09B $3.09B $3.09B $3.09B $3.09B $3.09B
Retained Earnings $2.15B $2.10B $2.14B $2.10B $2.18B $2.24B $2.13B $2.06B $2.04B $2.02B $2.09B $2.02B $1.79B $1.31B $1.23B $1.21B $1.23B $1.25B $1.23B $1.41B
Accumulated Other Comprehensive Income Loss $- $- $-0 $- $- $-0 $- $- $0 $-0 $- $0 $0 $-0 $-0 $-0 $-0 $0 $-0 $-0
Other Total Stockholders Equity $- $- $- $- $- $- $- $- $- $- $- $- $-1 $- $- $- $- $-1 $- $-
Total Stockholders Equity $5.24B $5.19B $5.23B $5.19B $5.27B $5.33B $5.22B $5.15B $5.13B $5.11B $5.18B $5.11B $4.88B $4.40B $4.32B $4.30B $4.32B $4.34B $4.32B $4.50B
Total Equity $6.34B $6.27B $6.31B $6.26B $6.36B $6.42B $6.29B $6.20B $6.16B $6.14B $6.22B $6.13B $5.84B $5.27B $5.17B $5.15B $5.17B $5.20B $5.16B $5.37B
Total Liabilities and Stockholders Equity $11.94B $11.91B $11.95B $12.10B $11.91B $12.01B $11.83B $11.72B $11.70B $11.86B $11.91B $11.72B $11.29B $10.19B $10.04B $10.32B $10.72B $10.37B $10.38B $10.43B
Minority Interest $1.09B $1.08B $1.08B $1.07B $1.09B $1.10B $1.07B $1.05B $1.04B $1.03B $1.04B $1.02B $963.35M $870.00M $852.93M $848.77M $849.62M $853.68M $844.12M $873.72M
Total Liabilities and Total Equity $11.94B $11.91B $11.95B $12.10B $11.91B $12.01B $11.83B $11.72B $11.70B $11.86B $11.91B $11.72B $11.29B $10.19B $10.04B $10.32B $10.72B $10.37B $10.38B $10.43B
Total Investments $749.62M $738.38M $749.45M $876.40M $756.92M $780.00M $709.16M $688.34M $681.00M $646.39M $650.49M $643.63M $654.44M $486.97M $465.59M $433.31M $463.20M $435.97M $411.11M $399.72M
Total Debt $5.05B $5.03B $5.09B $5.07B $5.00B $5.05B $5.01B $4.96B $4.98B $5.16B $5.13B $4.95B $4.85B $4.54B $4.49B $4.81B $5.21B $4.82B $4.90B $4.75B
Net Debt $5.01B $4.99B $5.04B $5.03B $4.96B $5.00B $4.97B $4.92B $4.95B $5.14B $5.09B $4.90B $4.79B $4.47B $4.44B $4.41B $4.42B $4.40B $4.36B $4.31B

Annual Cash Flow

Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Net Income $292.07M $510.10M $635.97M $987.68M $89.94M
Depreciation and Amortization $7.36M $12.99M $10.31M $12.46M $14.47M
Deferred Income Tax $- $- $- $-795.69M $67.26M
Stock Based Compensation $2.75M $1.84M $204.00K $2.97M $1.43M
Change in Working Capital $10.93M $-9.18M $-8.02M $39.24M $-16.23M
Accounts Receivables $-2.83M $-16.49M $-7.58M $9.10M $-21.96M
Inventory $- $16.49M $7.58M $-9.10M $21.96M
Accounts Payables $4.24M $8.77M $8.07M $1.18M $-8.84M
Other Working Capital $9.51M $-17.94M $-16.09M $38.06M $-7.39M
Other Non Cash Items $61.10M $-184.90M $-267.70M $124.96M $139.11M
Net Cash Provided by Operating Activities $374.21M $330.85M $370.76M $371.62M $295.98M
Investments in Property Plant and Equipment $-547.00K $-1.91M $-1.59M $-349.00K $132.96M
Acquisitions Net $-46.78M $-57.70M $-22.77M $-25.87M $-56.45M
Purchases of Investments $- $- $-377.04M $-483.54M $-152.49M
Sales Maturities of Investments $- $- $186.92M $81.40M $19.54M
Other Investing Activities $-108.20M $61.14M $93.09M $15.19M $-100.93M
Net Cash Used for Investing Activities $-155.53M $1.52M $-121.39M $-413.17M $-157.38M
Debt Repayment $114.29M $-2.91M $43.22M $-668.23M $898.50M
Common Stock Issued $- $- $- $- $-
Common Stock Repurchased $- $- $- $- $-
Dividends Paid $-267.63M $-267.56M $-267.56M $-267.55M $-259.91M
Other Financing Activities $-62.39M $-62.41M $-52.01M $244.97M $-37.96M
Net Cash Used Provided by Financing Activities $-215.73M $-332.89M $-276.35M $-690.81M $600.62M
Effect of Forex Changes on Cash $- $- $- $- $-
Net Change in Cash $2.95M $-512.00K $-26.98M $-732.36M $739.22M
Cash at End of Period $37.69M $34.74M $35.26M $62.23M $794.59M
Cash at Beginning of Period $34.74M $35.26M $62.23M $794.59M $55.37M
Operating Cash Flow $374.21M $330.85M $370.76M $371.62M $295.98M
Capital Expenditure $-547.00K $-1.91M $-1.59M $-349.00K $132.96M
Free Cash Flow $373.66M $328.95M $369.17M $371.27M $428.94M

Cash Flow Charts

Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
Net Income $141.85M $42.48M $104.55M $-17.28M $14.16M $215.18M $167.90M $112.86M $100.31M $3.55M $162.00M $370.11M $652.08M $178.05M $96.98M $60.56M $48.38M $111.03M $-133.67M $64.20M
Depreciation and Amortization $1.66M $1.83M $2.49M $2.82M $2.62M $2.13M $2.95M $2.94M $2.78M $2.75M $2.22M $2.57M $2.81M $2.22M $1.80M $5.62M $3.44M $3.72M $5.03M $2.27M
Deferred Income Tax $- $- $- $- $17.47M $-150.30M $-127.37M $- $- $- $- $- $-602.18M $-113.48M $-62.67M $-17.36M $-27.31M $-62.42M $164.35M $-7.36M
Stock Based Compensation $573.00K $551.00K $1.57M $760.00K $828.00K $-603.00K $1.00M $608.00K $782.00K $439.00K $-575.00K $-442.00K $433.00K $1.02M $942.00K $578.00K $554.00K $1.16M $-407.00K $-574.00K
Change in Working Capital $37.92M $-2.87M $7.20M $-31.33M $23.73M $-5.52M $-12.79M $-14.59M $39.24M $-18.39M $-33.71M $4.84M $50.58M $-3.55M $-6.49M $-1.30M $20.81M $-4.86M $-20.93M $-11.25M
Accounts Receivables $10.46M $10.58M $-10.37M $-13.49M $-10.69M $-812.00K $-2.06M $-2.92M $4.45M $-5.74M $-5.96M $-330.00K $-2.82M $11.17M $113.00K $636.00K $25.32M $2.97M $-41.09M $-9.17M
Inventory $- $- $- $- $10.69M $812.00K $2.06M $2.92M $-4.45M $5.74M $5.96M $- $- $- $- $- $- $- $- $3.19M
Accounts Payables $-7.67M $2.94M $13.97M $-4.99M $2.52M $11.85M $2.54M $-8.14M $7.60M $13.88M $-13.40M $6.13M $9.84M $542.00K $-5.66M $-3.55M $-14.62M $5.89M $-1.83M $1.71M
Other Working Capital $35.13M $-16.39M $3.61M $-12.85M $21.21M $-17.37M $-15.33M $-6.44M $31.64M $-32.27M $-20.30M $-1.29M $40.73M $-4.09M $-833.00K $2.25M $35.43M $-10.75M $-19.10M $-6.98M
Other Non Cash Items $-59.89M $63.39M $-38.82M $139.63M $34.93M $32.98M $29.63M $-19.89M $-16.15M $108.67M $-85.96M $-274.26M $29.95M $32.04M $31.60M $31.38M $45.49M $30.46M $31.28M $31.87M
Net Cash Provided by Operating Activities $122.12M $105.38M $76.99M $69.72M $93.75M $93.86M $61.32M $81.93M $126.96M $97.01M $43.97M $102.82M $133.67M $96.30M $62.17M $79.48M $91.37M $79.10M $46.35M $79.16M
Investments in Property Plant and Equipment $-180.00K $-235.00K $-119.00K $-13.00K $-586.00K $-719.00K $-494.00K $-107.00K $-1.21M $-99.00K $-196.00K $-87.00K $-139.00K $-97.00K $-69.00K $-45.00K $149.00K $-36.00K $-8.00K $-105.00K
Acquisitions Net $-6.16M $-7.38M $-9.51M $-9.64M $-13.73M $-17.94M $-7.81M $111.00K $3.51M $-9.15M $-3.61M $-13.52M $-7.15M $-7.84M $-10.50M $-385.00K $-12.50M $11.34M $-3.45M $-51.84M
Purchases of Investments $- $- $- $-50.34M $-45.39M $-50.76M $-44.89M $-28.73M $-58.68M $-75.04M $-107.94M $-135.38M $-396.45M $-26.38M $-24.44M $- $- $- $- $-
Sales Maturities of Investments $- $- $- $6.75M $-434.00K $196.00K $1.70M $47.23M $145.63M $16.53M $18.36M $6.40M $74.00M $2.92M $- $- $- $- $- $-
Other Investing Activities $-49.42M $-8.28M $-22.44M $-8.19M $90.49M $32.06M $32.17M $9.17M $68.75M $35.45M $-6.35M $-133.75M $-342.20M $-23.50M $12.98M $-34.24M $-20.50M $-41.46M $-10.32M $-28.66M
Net Cash Used for Investing Activities $-55.76M $-15.89M $-32.07M $-51.80M $30.34M $-37.17M $-19.32M $27.67M $158.01M $-32.32M $-99.73M $-147.35M $-349.49M $-31.43M $2.41M $-34.67M $-32.85M $-30.16M $-13.77M $-80.61M
Debt Repayment $15.84M $-18.10M $47.39M $69.16M $-55.55M $29.88M $52.56M $-37.82M $-197.08M $2.48M $119.22M $118.56M $-10.70M $26.07M $-327.24M $-356.35M $386.64M $-75.75M $139.57M $448.03M
Common Stock Issued $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Common Stock Repurchased $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Dividends Paid $-66.92M $-66.92M $-66.90M $-66.89M $-66.89M $-66.89M $-66.89M $-66.89M $-66.89M $-66.89M $-66.89M $-66.89M $-66.89M $-66.89M $-66.89M $-66.88M $-76.25M $-66.89M $-66.88M $-49.90M
Other Financing Activities $-15.86M $-15.50M $-15.51M $-15.52M $-15.86M $-15.51M $-15.52M $-7.51M $-5.22M $-15.49M $-15.49M $-15.77M $286.79M $-12.80M $-12.79M $-16.23M $- $-12.71M $-12.65M $-12.60M
Net Cash Used Provided by Financing Activities $-66.94M $-100.51M $-35.02M $-13.26M $-138.30M $-52.53M $-29.85M $-112.22M $-269.19M $-79.90M $36.83M $35.91M $209.19M $-53.61M $-406.93M $-439.46M $310.39M $-155.34M $60.04M $385.54M
Effect of Forex Changes on Cash $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Net Change in Cash $-585.00K $-11.03M $9.89M $4.67M $-14.21M $4.16M $12.15M $-2.62M $15.78M $-15.21M $-18.92M $-8.63M $-6.63M $11.26M $-342.34M $-394.65M $368.92M $-106.40M $92.61M $384.09M
Cash at End of Period $37.69M $38.28M $49.31M $39.41M $34.74M $48.95M $44.79M $32.64M $35.26M $19.48M $34.69M $53.61M $62.23M $68.86M $57.60M $399.95M $794.59M $425.68M $532.08M $439.46M
Cash at Beginning of Period $38.28M $49.31M $39.41M $34.74M $48.95M $44.79M $32.64M $35.26M $19.48M $34.69M $53.61M $62.23M $68.86M $57.60M $399.95M $794.59M $425.68M $532.08M $439.46M $55.37M
Operating Cash Flow $122.12M $105.38M $91.08M $69.72M $93.75M $93.86M $61.32M $81.93M $126.96M $97.01M $43.97M $102.82M $133.67M $96.30M $62.17M $79.48M $91.37M $79.10M $46.35M $79.16M
Capital Expenditure $-180.00K $-235.00K $-119.00K $-13.00K $-586.00K $-719.00K $-494.00K $-107.00K $-1.21M $-99.00K $-196.00K $-87.00K $-139.00K $-97.00K $-69.00K $-45.00K $149.00K $-36.00K $-8.00K $-105.00K
Free Cash Flow $121.94M $105.14M $90.96M $69.71M $93.16M $93.14M $60.83M $81.82M $125.75M $96.91M $43.77M $102.73M $133.53M $96.20M $62.10M $79.44M $91.52M $79.06M $46.34M $79.06M

SmartCentres Real Estate Investment Trust Dividends

Explore SmartCentres Real Estate Investment Trust's dividend history, including dividend yield, payout ratio, and historical payments.

Dividend Yield

6.42%

Dividend Payout Ratio

113.04%

Dividend Paid & Capex Coverage Ratio

1.40x

SmartCentres Real Estate Investment Trust Dividend History

Dividend Adjusted Dividend Date Record Date Payment Date Declaration Date
$0.15417 $0.15417 April 30, 2025 April 30, 2025 May 15, 2025
$0.15417 $0.15417 March 31, 2025 March 31, 2025 April 15, 2025
$0.15417 $0.15417 February 28, 2025 February 28, 2025 March 17, 2025
$0.15417 $0.15417 January 31, 2025 January 31, 2025 February 18, 2025
$0.15417 $0.15417 December 31, 2024 December 31, 2024 January 15, 2025 December 17, 2024
$0.15417 $0.15417 November 29, 2024 November 29, 2024 December 16, 2024 November 18, 2024
$0.15417 $0.15417 October 31, 2024 October 31, 2024 November 15, 2024 October 17, 2024
$0.15417 $0.15417 September 27, 2024 September 30, 2024 October 15, 2024
$0.15417 $0.15417 August 30, 2024 August 30, 2024 September 16, 2024
$0.15417 $0.15417 July 31, 2024 July 31, 2024 August 15, 2024
$0.15417 $0.15417 June 28, 2024 June 28, 2024 July 15, 2024
$0.15417 $0.15417 May 31, 2024 May 31, 2024 June 17, 2024
$0.15417 $0.15417 April 29, 2024 April 30, 2024 May 15, 2024
$0.15417 $0.15417 March 27, 2024 March 28, 2024 April 15, 2024
$0.15417 $0.15417 February 28, 2024 February 29, 2024 March 15, 2024
$0.15417 $0.15417 January 30, 2024 January 31, 2024 February 15, 2024
$0.15417 $0.15417 December 28, 2023 December 29, 2023 January 15, 2024
$0.15417 $0.15417 November 29, 2023 November 30, 2023 December 15, 2023
$0.15417 $0.15417 October 30, 2023 October 31, 2023 November 15, 2023
$0.15417 $0.15417 September 28, 2023 September 29, 2023 October 16, 2023 September 18, 2023

SmartCentres Real Estate Investment Trust News

Read the latest news about SmartCentres Real Estate Investment Trust, including recent articles, headlines, and updates.

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