Canadian Apartment Properties Real Estate Investment Trust revenue and financials

CAR.UN · TSX · CAD

$31.10Change from previous close: −1.02%Absolute change: −$0.32

Close · October 7, 2026

In the fiscal year ended December 2025, Canadian Apartment Properties Real Estate Investment Trust reported revenue of $1B (−9.83% year over year). Net income was $197.05M, a net margin of 19.6%.

Annual revenue · 2025: $1B
  1. $1.01B2022
  2. $1.07B2023
  3. $1.11B2024
  4. $1B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
−9.83%
2025 vs 2024
Net income growth
−32.69%
2025 vs 2024
Net margin
19.6%
2024: 26.3%

Financial data

Amounts in millions of CAD; per-share values in CAD; shares in millions.

Cash flow · Quarterly
ItemQ2 2026Q1 2026Q4 2025Q2 2025Q1 2025
Operating cash flow123121175135122
Depreciation and amortization1.31.41.81.61.5
Capital expenditure-0.6-1.0-240-0.9-0.4
Investing cash flow47.7-23.5-275-55.0216
Financing cash flow-180-87.231.9-170-355
Dividends paid-58.2-58.5-59.3-60.4-59.5
Share repurchases-30.5-34.7-94.1-154-25.6
Debt issued38914146914054.7
Debt repaid-325-82.8-986-50.8-277
Effect of exchange rates1.4-0.2-0.7-0.1-0.2
Net change in cash-10.010.4-68.4-90.2-17.0
Free cash flow122120-65.1134122