Companies: 10,795·Total market cap: $144.5T
Artis Real Estate Investment Trust

Artis Real Estate Investment Trust

AX-UN.TOTSXReal Estate
$8.82
$-0.38(-4.13%)
Market Cap$846424292
P/E Ratio
52W High$30.02
52W Low$5.88

Artis Real Estate Investment Trust (AX-UN.TO) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

AX-UN.TO · net income · updated Jun 8, 2026

Core profitability metrics

Net income was −$47.4M for FY2024 (fiscal year ending 2024-12-31), up 85.7% year-over-year. Net profit margin was -15.8%. Based on available data, Artis Real Estate Investment Trust has been profitable since at least 2011.

FY2024 Net Income−$47.4M▲ +85.7% YoY
Trailing 12M (TTM)−$75.1Mtrailing 4 quarters sum
Net Profit Margin-15.8%−$47.4M ÷ $300.4M
YoY Change+85.7%
5-Year CAGRN/AN/A — contains loss years
FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /income-statement · US GAAP · USDUpdated: Jun 8, 2026

Annual net income history

Net IncomeNet LossNet Margin %★ First Profit: 2011

▸ FMP /income-statement · Annual · AX-UN.TO net income history · AX-UN.TO profit margin

Annual net income data

Fiscal YearNet IncomeYoY ChangeNet Margin
FY2024Loss−$47.4M▲ +85.7%-15.8%
FY2023Loss−$332.1M▼ 6172.5%-98.9%
FY2022Loss−$5.3M▼ 101.4%-1.4%
FY2021$389.2M▲ +1706.5%92.8%
FY2020$21.5M▼ 82.4%4.7%

Net income vs peers (Real Estate)

#CompanyNet IncomeYoY
#1
Artis Real Estate Investment Trust
Artis Real Estate Investment TrustYOU
AX-UN.TO
−$47.4M+85.7%
#2
Simon Property Group, Inc.
Simon Property Group, Inc.
SPG
$4.61B+94.7%
#3
Prologis, Inc.
Prologis, Inc.
PLD
$3.41B-8.6%
#4
American Tower Corporation
American Tower Corporation
AMT
$2.53B+12.2%
#5
Equinix, Inc.
Equinix, Inc.
EQIX
$1.35B+65.6%
#6
Welltower Inc.
Welltower Inc.
WELL
$936.8M-1.6%
Real Estate · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

Artis Real Estate Investment Trust (AX-UN.TO) reported net income of −$47.4M for FY2024 (fiscal year ending 2024-12-31), up 85.7% year-over-year. The net profit margin was -15.8% — meaning the company kept $-0.16 of every dollar of revenue as profit.

Based on available data, Artis Real Estate Investment Trust has been profitable since at least 2011. Net income reached a peak of $389.2M in FY2021. Data available for 15 fiscal years.

Artis Real Estate Investment Trust's net profit margin was -15.8% for FY2024, based on the latest annual results.

Investors sometimes search for "Artis Real Estate Investment Trust net worth" — the company's market capitalization is a separate figure from AX-UN.TO net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.

Frequently asked questions

AX-UN.TO net income · 4 questions

Artis Real Estate Investment Trust is not currently profitable on an annual basis. The company reported a net loss of $47.4M for FY2024.

is AX-UN.TO profitabledoes AX-UN.TO make a profitAX-UN.TO profitabilityAX-UN.TO profitable company

Source: FMP /income-statement · GAAP · Artis Real Estate Investment Trust · Artis Real Estate Investment Trust SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026