Morguard Corporation

Toronto Stock Exchange MRC.TO

Morguard Corporation Net Income Margin for the year ending December 31, 2023: 6.04%

Morguard Corporation Net Income Margin is 6.04% for the year ending December 31, 2023, a -44.91% change year over year. Net Income Ratio, also known as the profit margin, is the ratio of net income to net sales, showing the percentage of revenue that remains as profit after all expenses are deducted.

Morguard Corporation Net Income Margin for the year ending December 31, 2022 was 10.96%, a -55.15% change year over year.
Morguard Corporation Net Income Margin for the year ending December 31, 2021 was 24.44%, a 200.52% change year over year.
Morguard Corporation Net Income Margin for the year ending December 31, 2020 was -24.31%, a -252.91% change year over year.
Morguard Corporation Net Income Margin for the year ending December 31, 2019 was 15.90%, a -42.13% change year over year.

Key data

Date	Net Income Margin	EBITDA Margin	EBIT Margin	EBITDA

Toronto Stock Exchange: MRC.TO

Morguard Corporation

CEO	Mr. Kuldip Rai Sahi FCA, FCGA, FCPA
IPO Date	July 8, 2002
Location	Canada
Headquarters	55 City Centre Drive
Employees	1,000
Sector	Finance
Industries Investment Banking & Asset Management

Description

Morguard Corporation, a real estate investment and management corporation, acquires, owns, and develops multi-suite residential, commercial, and hotel properties in Canada and the United States. As of February 25, 2022, the company owned a portfolio of 197 multi-suite residential, retail, office, industrial, and hotel properties, including 17,752 residential suites, approximately 16.8 million square feet of commercial leasable space, and 5,058 hotel rooms. It also offers real estate management services, including acquisitions, development, dispositions, leasing, performance measurement, and asset and property management; real estate advisory services; and investment products across equity, fixed income, and balanced portfolios to institutional clients and private investors. The company is headquartered in Mississauga, Canada. Morguard Corporation is a subsidiary of Paros Enterprises Limited.

Key trends

Past 5 years