H 
H&R Real Estate Investment Trust HR.UN.TO · CAD
Real Estate · Toronto Stock Exchange · 🇨🇦 Canada
9.50
-0.42%
Close of 9 Nov 2026, in CAD
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in CAD, from our data supplier.
Revenue
C$815.1m
FY2016FY2025
Net income
−C$791.6m
FY2016FY2025
Free cash flow
C$188.4m
FY2016FY2025
Shareholders' equity
C$4.14bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | C$815.1m | C$817.0m | C$847.1m | C$834.6m | C$1.07bn | C$1.10bn | C$1.15bn | C$1.18bn | C$1.17bn | C$1.20bn |
| Gross profit | C$509.1m | C$519.9m | C$546.6m | C$534.9m | C$661.6m | C$663.7m | C$711.0m | C$733.9m | C$741.4m | C$764.7m |
| Operating income | C$489.7m | C$499.3m | C$522.2m | C$512.8m | C$638.6m | C$655.0m | C$683.7m | C$715.7m | C$723.3m | C$721.4m |
| Net income | −C$791.6m | −C$119.7m | C$61.7m | C$844.8m | C$597.9m | −C$624.6m | C$340.3m | C$337.9m | C$667.9m | C$388.7m |
| Diluted earnings per share | -3.01 | -0.46 | 0.24 | 3.10 | 2.08 | -2.20 | 1.19 | 1.19 | 2.33 | 1.39 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | C$9.11bn | C$10.62bn | C$10.78bn | C$11.41bn | C$10.50bn | C$13.36bn | C$14.48bn | C$14.69bn | C$14.56bn | C$14.15bn |
| Cash and short-term investments | C$52.1m | C$100.4m | C$64.1m | C$77.0m | C$124.0m | C$63.0m | C$49.0m | C$53.0m | C$42.0m | C$48.0m |
| Total liabilities | C$4.97bn | C$5.34bn | C$5.59bn | C$5.92bn | C$5.73bn | C$7.28bn | C$7.44bn | C$7.49bn | C$7.38bn | C$7.24bn |
| Debt | C$3.66bn | C$3.70bn | C$3.72bn | C$3.95bn | C$3.92bn | C$6.40bn | C$6.41bn | C$6.55bn | C$6.49bn | C$6.14bn |
| Shareholders' equity | C$4.14bn | C$5.28bn | C$5.19bn | C$5.49bn | C$4.77bn | C$6.07bn | C$7.04bn | C$7.20bn | C$7.18bn | C$6.91bn |
| Shares outstanding | 263m | 258m | 260m | 273m | 288m | 284m | 286m | 284m | 286m | 279m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | C$188.4m | C$274.1m | C$294.6m | C$255.1m | C$452.1m | C$426.9m | C$418.0m | C$462.1m | C$479.2m | C$424.2m |
| Free cash flow | C$188.4m | C$274.1m | C$294.6m | C$255.1m | C$452.1m | C$426.9m | C$418.0m | C$462.1m | C$479.2m | C$424.2m |
| Dividends paid | −C$189.0m | −C$183.4m | −C$170.6m | −C$179.7m | −C$227.3m | −C$263.6m | −C$394.2m | −C$378.9m | −C$290.5m | −C$274.3m |
Latest quarters
By quarter end
| Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | Jun 2024 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | C$203.8m | C$201.7m | C$204.0m | C$205.6m | C$202.3m | C$200.3m | C$204.8m | C$209.5m |
| Gross profit | C$143.1m | C$139.2m | C$143.8m | C$83.0m | C$141.1m | C$140.1m | C$144.5m | C$94.2m |
| Operating income | C$139.2m | C$134.4m | C$140.3m | C$75.7m | C$139.2m | C$132.3m | C$140.0m | C$87.8m |
| Net income | −C$250.3m | −C$322.9m | −C$166.4m | −C$52.0m | C$130.9m | −C$9.7m | −C$272.7m | C$31.8m |
| Diluted earnings per share | -0.95 | -1.25 | -0.64 | -0.20 | 0.50 | -0.04 | -1.04 | 0.12 |
| Cash from operations | C$27.0m | C$61.0m | C$62.0m | C$37.0m | C$82.0m | C$54.0m | C$58.0m | C$78.0m |
| Total assets | C$9.11bn | C$9.61bn | C$9.89bn | C$10.46bn | C$10.62bn | C$10.22bn | C$10.32bn | C$10.87bn |
| Cash and short-term investments | C$52.1m | C$57.1m | C$60.1m | C$69.9m | C$100.4m | C$68.4m | C$74.5m | C$74.6m |
| Debt | C$3.54bn | C$3.35bn | C$3.29bn | C$2.90bn | C$3.09bn | C$3.63bn | C$3.57bn | C$3.53bn |
| Shareholders' equity | C$4.14bn | C$4.46bn | C$4.72bn | C$5.19bn | C$5.28bn | C$4.93bn | C$5.04bn | C$5.28bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -0.8% | -5.8% | -3.7% |
| Operating income | -1.5% | -5.7% | -4.4% |
| Net income | — | 4.9% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 63.0% | 63.7% | 62.7% | 63.0% |
| Operating margin | 60.6% | 61.1% | 60.6% | 61.0% |
| Net margin | -55.8% | -0.1% | -0.6% | 18.0% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -3.4 | -20.0 | 41.7 | 3.9 | 7.8 | -6.0 | 17.7 | 17.4 | 9.2 | 16.1 |
| Price to sales | 3.3 | 2.9 | 3.0 | 4.0 | 4.4 | 3.4 | 5.3 | 5.0 | 5.2 | 5.2 |
Dividends and splits
Per share, in the currency the company pays
Paid for 28 years. Last went ex-dividend on 31 Jul 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.35 | 0.60 | 0.737 | 0.745 | 0.628 | 0.674 | 0.788 | 1.177 |
- 33-for-31 split · 31 Dec 2024
- 1.052-for-1 split · 28 Dec 2023
- 1.029-for-1 split · 29 Dec 2022
- 1.039-for-1 split · 30 Dec 2021
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.