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True North Commercial REIT (TSX:TNT.UN) Revenue per Share : C$8.34 (TTM As of Mar. 2024)


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What is True North Commercial REIT Revenue per Share?

True North Commercial REIT's revenue per share for the three months ended in Mar. 2024 was C$2.16. True North Commercial REIT's revenue per share for the trailing twelve months (TTM) ended in Mar. 2024 was C$8.34.

Warning Sign:

True North Commercial REIT revenue per share has been in decline over the past 3 years.

During the past 12 months, the average Revenue Per Share Growth Rate of True North Commercial REIT was -6.20% per year. During the past 3 years, the average Revenue Per Share Growth Rate was -3.20% per year. During the past 5 years, the average Revenue Per Share Growth Rate was 1.30% per year. During the past 10 years, the average Revenue Per Share Growth Rate was -1.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate.

The historical rank and industry rank for True North Commercial REIT's Revenue per Share or its related term are showing as below:

TSX:TNT.UN' s 3-Year Revenue Growth Rate Range Over the Past 10 Years
Min: -11   Med: -1.9   Max: 7.6
Current: -3.2

During the past 12 years, True North Commercial REIT's highest 3-Year average Revenue Per Share Growth Rate was 7.60% per year. The lowest was -11.00% per year. And the median was -1.90% per year.

TSX:TNT.UN's 3-Year Revenue Growth Rate is ranked worse than
80.44% of 685 companies
in the REITs industry
Industry Median: 4.6 vs TSX:TNT.UN: -3.20

True North Commercial REIT Revenue per Share Historical Data

The historical data trend for True North Commercial REIT's Revenue per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

True North Commercial REIT Revenue per Share Chart

True North Commercial REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.22 9.29 8.98 8.99 8.43

True North Commercial REIT Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Revenue per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.11 2.04 2.05 2.10 2.16

Competitive Comparison of True North Commercial REIT's Revenue per Share

For the REIT - Office subindustry, True North Commercial REIT's PS Ratio, along with its competitors' market caps and PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


True North Commercial REIT's PS Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, True North Commercial REIT's PS Ratio distribution charts can be found below:

* The bar in red indicates where True North Commercial REIT's PS Ratio falls into.



True North Commercial REIT Revenue per Share Calculation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

True North Commercial REIT's Revenue Per Share for the fiscal year that ended in Dec. 2023 is calculated as

Revenue Per Share (A: Dec. 2023 )=Revenue (A: Dec. 2023 )/Shares Outstanding (Diluted Average) (A: Dec. 2023 )
=132.204/15.677
=8.43

True North Commercial REIT's Revenue Per Share for the quarter that ended in Mar. 2024 is calculated as

Revenue Per Share (Q: Mar. 2024 )=Revenue (Q: Mar. 2024 )/Shares Outstanding (Diluted Average) (Q: Mar. 2024 )
=32.464/15.055
=2.16

Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$8.34

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


True North Commercial REIT  (TSX:TNT.UN) Revenue per Share Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:

Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


True North Commercial REIT Revenue per Share Related Terms

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True North Commercial REIT (TSX:TNT.UN) Business Description

Traded in Other Exchanges
Address
3280 Bloor Street West, Suite 1400, Centre Tower, Toronto, ON, CAN, M8X 2X3
True North Commercial REIT is a Canadian-based open-ended Real estate investment trust company. It owns and acquires commercial real estate in Canada. The objective is to maximize the total profit for shareholders. Returns include a stable, reliable, and tax-efficient monthly cash distribution as well as long-term appreciation in the value of its units through the effective management of a portfolio of commercial properties. It has properties in Alberta, British Columbia, New Brunswick, Nova Scotia, and Ontario.

True North Commercial REIT (TSX:TNT.UN) Headlines

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