Companies: 10,795·Total market cap: $144.5T
Morguard Corporation

Morguard Corporation

MRC.TOTSXReal Estate● Active
$121.95
$-0.05(-0.04%)
Market Cap$1.3B
P/E Ratio—
52W High$127.4
52W Low$0.01
Net IncomeFinancialsRevenue

Morguard Corporation (MRC.TO) Net Income & Profit History

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

MRC.TO · net income · updated Jun 8, 2026

Core profitability metrics

Net income was $174.9M for FY2025 (fiscal year ending 2025-12-31), down 33.2% year-over-year. Net profit margin was 15.6%. Based on available data, Morguard Corporation has been profitable since at least 2011.

FY2025 Net Income$174.9M▼ -33.2% YoY
Trailing 12M (TTM)$175.2Mtrailing 4 quarters sum
Net Profit Margin15.6%$174.9M ÷ $1.12B
YoY Change-33.2%—
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 · MRC.TO net income history · MRC.TO profit margin

Annual net income data

Fiscal YearNet IncomeYoY ChangeNet Margin
FY2025$174.9M▼ 33.2%15.6%
FY2024$261.8M▲ +252.9%23.6%
FY2023$74.2M▼ 39.6%6.0%
FY2022$122.8M▼ 50.8%11.0%
FY2021$249.8M▲ +199.9%24.4%

Net income vs peers (Real Estate)

#CompanyNet IncomeYoY
#1
Morguard Corporation
Morguard CorporationYOU
MRC.TO
$174.9M-33.2%
#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

Morguard Corporation (MRC.TO) reported net income of $174.9M for FY2025 (fiscal year ending 2025-12-31), down 33.2% year-over-year. The net profit margin was 15.6% — meaning the company kept $0.16 of every dollar of revenue as profit.

Based on available data, Morguard Corporation has been profitable since at least 2011. Net income reached a peak of $389.4M in FY2012. Data available for 15 fiscal years.

Morguard Corporation's net profit margin was 15.6% for FY2025, based on the latest annual results.

Investors sometimes search for "Morguard Corporation net worth" — the company's market capitalization is a separate figure from MRC.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.
RevenueFinancial statementsEarningsForecastPrice historyMarket capFree cash flow

Frequently asked questions

MRC.TO net income · 5 questions

Morguard Corporation is profitable. The company reported net income of $174.9M for FY2025, a net profit margin of 15.6%. Net income was down 33.2% year-over-year. Based on available data, Morguard Corporation has been profitable since at least 2011.

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▸ Source: FMP /income-statement · GAAP · Morguard Corporation · Morguard Corporation SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026