S 
SmartCentres Real Estate Investment Trust SRU.UN.TO · CAD
Real Estate · Toronto Stock Exchange · 🇨🇦 Canada
27.43
-0.90%
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$913.9m
FY2016FY2025
Net income
C$251.8m
FY2016FY2025
Free cash flow
C$375.5m
FY2016FY2025
Shareholders' equity
C$5.23bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | C$913.9m | C$918.4m | C$834.6m | C$804.6m | C$780.8m | C$781.3m | C$806.4m | C$790.2m | C$747.2m | C$725.3m |
| Gross profit | C$563.0m | C$547.5m | C$513.6m | C$502.6m | C$485.8m | C$460.7m | C$504.9m | C$497.2m | C$472.9m | C$474.9m |
| Operating income | C$501.2m | C$490.6m | C$459.2m | C$451.9m | C$447.6m | C$415.1m | C$460.6m | C$470.0m | C$447.0m | C$436.8m |
| Net income | C$251.8m | C$236.8m | C$413.7m | C$516.0m | C$828.0m | C$75.3m | C$314.0m | C$334.5m | C$296.8m | C$322.2m |
| Diluted earnings per share | 1.38 | 1.31 | 2.30 | 2.87 | 4.77 | 0.44 | 1.83 | 2.06 | 1.85 | 2.07 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | C$12.14bn | C$11.94bn | C$11.91bn | C$11.70bn | C$11.29bn | C$10.72bn | C$9.93bn | C$9.46bn | C$9.38bn | C$8.74bn |
| Cash and short-term investments | C$51.6m | C$37.7m | C$34.7m | C$35.3m | C$62.2m | C$795.0m | C$55.0m | C$29.0m | C$163.0m | C$23.0m |
| Total liabilities | C$6.91bn | C$6.70bn | C$6.63bn | C$6.58bn | C$6.42bn | C$6.41bn | C$5.44bn | C$5.31bn | C$5.39bn | C$4.89bn |
| Debt | C$5.21bn | C$5.05bn | C$5.00bn | C$4.99bn | C$4.87bn | C$5.22bn | C$4.23bn | C$4.12bn | C$4.24bn | C$3.85bn |
| Shareholders' equity | C$5.23bn | C$5.24bn | C$5.27bn | C$5.13bn | C$4.88bn | C$4.32bn | C$4.49bn | C$4.15bn | C$3.99bn | C$3.85bn |
| Shares outstanding | 182m | 181m | 180m | 180m | 174m | 173m | 172m | 162m | 160m | 156m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | C$377.4m | C$374.2m | C$330.9m | C$370.8m | C$371.6m | C$296.0m | C$345.6m | C$350.3m | C$353.1m | C$316.3m |
| Capital spending | −C$2.0m | −C$547,000 | −C$1.9m | −C$1.6m | −C$349,000 | — | −C$1.3m | −C$800,000 | −C$400,000 | −C$300,000 |
| Free cash flow | C$375.5m | C$373.7m | C$328.9m | C$369.2m | C$371.3m | C$296.0m | C$344.3m | C$349.5m | C$352.7m | C$316.0m |
| Dividends paid | −C$267.7m | −C$267.6m | −C$267.6m | −C$267.6m | −C$267.6m | −C$259.9m | −C$189.6m | −C$179.7m | −C$174.6m | −C$169.7m |
Latest quarters
By quarter end
| Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | Jun 2024 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | C$234.2m | C$226.7m | C$223.7m | C$229.3m | C$229.7m | C$243.3m | C$228.1m | C$217.2m |
| Gross profit | C$143.6m | C$141.3m | C$141.3m | C$136.8m | C$141.6m | C$142.0m | C$133.2m | C$130.7m |
| Operating income | C$125.8m | C$127.2m | C$127.1m | C$121.2m | C$125.8m | C$127.6m | C$119.3m | C$117.5m |
| Net income | C$105.5m | C$65.7m | C$88.5m | −C$7.9m | C$115.1m | C$34.0m | C$105.0m | −C$17.3m |
| Diluted earnings per share | 0.58 | 0.36 | 0.49 | -0.04 | 0.64 | 0.19 | 0.58 | -0.10 |
| Total assets | C$12.14bn | C$12.09bn | C$12.02bn | C$11.92bn | C$11.94bn | C$11.91bn | C$11.95bn | C$11.85bn |
| Cash and short-term investments | C$51.6m | C$26.1m | C$33.8m | C$28.6m | C$37.7m | C$38.3m | C$49.3m | C$39.4m |
| Debt | C$4.45bn | C$3.65bn | C$4.15bn | C$4.26bn | C$4.06bn | C$4.48bn | C$4.17bn | C$4.21bn |
| Shareholders' equity | C$5.23bn | C$5.19bn | C$5.19bn | C$5.17bn | C$5.24bn | C$5.20bn | C$5.23bn | C$5.19bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 4.3% | 3.2% | 3.2% |
| Operating income | 3.5% | 3.8% | 2.1% |
| Net income | -21.3% | 27.3% | -0.7% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 60.6% | 61.3% | 61.1% | 62.2% |
| Operating margin | 54.1% | 54.8% | 54.9% | 56.9% |
| Net margin | 26.7% | 40.9% | 46.1% | 44.0% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 18.6 | 18.7 | 10.8 | 9.3 | 6.8 | 53.0 | 17.1 | 15.0 | 16.7 | 15.6 |
| Price to sales | 5.1 | 4.8 | 5.4 | 6.0 | 7.2 | 5.1 | 6.7 | 6.3 | 6.6 | 6.9 |
Dividends and splits
Per share, in the currency the company pays
Paid for 24 years. Last went ex-dividend on 29 Sept 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 1.386 | 1.85 | 1.96 | 1.85 | 1.696 | 2.004 | 1.85 | 1.813 |
- 539-to-48 reverse split · 4 Nov 2002
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.