Morguard North American Residential Real Estate Investment Trust

MRG-UN.TOTSXReal Estate● Active

$16.72

$-0.01(-0.06%)

Market Cap$584222081

P/E Ratio—

52W High$19.2

52W Low$16.31

Avg Volume27K

Open$16.71

Beta0.93

Net Income Financials Revenue

Morguard North American Residential Real Estate Investment Trust (MRG-UN.TO) Net Income & Profit History

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

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

Core profitability metrics

MRG-UN.TO · net income · margin · TTM · CAGR

Net income was $103.0M for FY2025 (fiscal year ending 2025-12-31), up 1.1% year-over-year. Net profit margin was 29.0%. Based on available data, Morguard North American Residential Real Estate Investment Trust has been profitable since at least 2011.

FY2025 Net Income$103.0M▲ +1.1% YoY

Trailing 12M (TTM)$102.3Mtrailing 4 quarters sum

Net Profit Margin29.0%$103.0M ÷ $354.6M

YoY Change+1.1%—

5-Year CAGR-10.1%FY2020 → FY2025

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 Income (bars) · Net Profit Margin % (line)

Net IncomeNet LossNet Margin %★ First Profit: 2011

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

Annual net income data

MRG-UN.TO · net income history · annual / quarterly

Fiscal YearNet IncomeYoY ChangeNet MarginRevenue

FY2025$103.0M▲ +1.1%29.0%$354.6M

FY2024$101.9M▼ 42.2%29.6%$344.2M

FY2023$176.3M▼ 19.6%53.2%$331.6M

FY2022$219.3M▼ 9.4%78.7%$278.5M

FY2021$242.1M▲ +38.2%98.6%$245.6M

Net income vs peers (Real Estate)

MRG-UN.TO vs peers · net income

#CompanyNet IncomeYoYNet MarginRelative

Morguard North American Residential Real Estate Investment TrustYOU

MRG-UN.TO

$103.0M+1.1%29.0%

Simon Property Group, Inc.

American Tower Corporation

Real Estate · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

Morguard North American Residential Real Estate Investment Trust (MRG-UN.TO) reported net income of $103.0M for FY2025 (fiscal year ending 2025-12-31), up 1.1% year-over-year. The net profit margin was 29.0% — meaning the company kept $0.29 of every dollar of revenue as profit.

Based on available data, Morguard North American Residential Real Estate Investment Trust has been profitable since at least 2011. Net income reached a peak of $242.1M in FY2021. Data available for 15 fiscal years.

Morguard North American Residential Real Estate Investment Trust's net profit margin was 29.0% for FY2025, based on the latest annual results.

Investors sometimes search for "Morguard North American Residential Real Estate Investment Trust net worth" — the company's market capitalization is a separate figure from MRG-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.

Revenue Financial statements Earnings Forecast Price history Market cap Free cash flow

Frequently asked questions

MRG-UN.TO net income · 5 questions

Morguard North American Residential Real Estate Investment Trust is profitable. The company reported net income of $103.0M for FY2025, a net profit margin of 29.0%. Net income was up 1.1% year-over-year. Based on available data, Morguard North American Residential Real Estate Investment Trust has been profitable since at least 2011.

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