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BTB Real Estate Investment Trust

Real Estate US BTBIF

2.698USD
0.00(0%)

Last update at 2026-06-03T20:00:00Z

Day Range

2.712.71
LowHigh

52 Week Range

2.273.13
LowHigh

Fundamentals

  • Previous Close 2.70
  • Market Cap248.21M
  • Volume9
  • P/E Ratio15.50
  • Dividend Yield10.75%
  • EBITDA65.27M
  • Revenue TTM130.14M
  • Revenue Per Share TTM1.47
  • Gross Profit TTM 75.05M
  • Diluted EPS TTM0.18

Source: TradingView
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Analyst Recommendations

Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax 22.35M 38.74M 36.60M 38.15M 41.57M
Minority interest - - - - -
Net income 22.35M 38.74M 36.60M 38.15M 17.36M
Selling general administrative 9.93M 9.43M 7.50M 7.44M 6.84M
Selling and marketing expenses - - - - -
Gross profit 74.71M 75.05M 75.38M 70.43M 56.34M
Reconciled depreciation 0.14M 0.07M 0.10M 0.12M 0.09M
Ebit 59.26M 75.77M 71.20M 62.99M 49.49M
Ebitda 59.40M 75.84M 71.30M 63.12M 49.58M
Depreciation and amortization 0.14M 0.07M 0.10M 0.12M 0.09M
Non operating income net other - - - - -
Operating income 63.15M 75.05M 75.38M 70.43M 56.34M
Other operating expenses 66.88M 54.98M 52.45M 56.50M 50.85M
Interest expense 36.91M 37.03M 34.61M 30.43M 24.54M
Tax provision - - - - -
Interest income 1.41M 2.33M 1.83M 0.62M 0.74M
Net interest income -35.53400M -34.70000M -32.77400M -29.80300M -23.91100M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense - - 35.41M -4.91900M 24.20M
Total revenue 130.03M 130.03M 127.83M 119.50M 100.34M
Total operating expenses 11.56M 9.43M 7.50M 7.44M 6.84M
Cost of revenue 55.32M 54.98M 52.45M 49.06M 44.01M
Total other income expense net -40.79872M -36.30900M -38.78100M -32.27600M -14.76800M
Discontinued operations - - - - -
Net income from continuing ops 22.37M 38.74M 36.60M 38.15M 41.57M
Net income applicable to common shares - - - 38.15M 42.56M
Preferred stock and other adjustments - - - - -
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 1242.91M 1256.00M 1227.65M 1179.34M 1129.90M
Intangible assets - - - - -
Earning assets - - - - -
Other current assets - 3.09M 2.52M 3.16M 2.75M
Total liab 752.34M 761.72M 749.99M 717.27M 725.48M
Total stockholder equity 490.57M 494.28M 477.65M 462.07M 404.43M
Deferred long term liab - - - - -
Other current liab - 2.20M 2.17M 2.13M 1.85M
Common stock 405.38M 404.91M 400.77M 395.96M 351.54M
Capital stock 405.71M 404.91M 400.77M 395.96M 351.54M
Retained earnings -280.56417M -254.31900M -228.06500M -202.23500M -177.30800M
Other liab - - - 1.66M 12.21M
Good will - - - - -
Other assets - - 2.69M - 3.02M
Cash 5.43M 2.47M 0.91M 2.40M 7.19M
Cash and equivalents - - - - -
Total current liabilities 249.17M 153.39M 182.00M 108.30M 114.77M
Current deferred revenue - - - - -
Net debt 723.05M 732.77M 723.32M 689.75M 680.52M
Short term debt 249.17M 132.07M 160.28M 86.11M 91.19M
Short long term debt 214.89M 132.03M 160.28M 86.09M 91.19M
Short long term debt total 728.48M 735.24M 724.23M 692.15M 687.72M
Other stockholder equity - - - - -
Property plant equipment - - - 1165.20M 1111.42M
Total current assets 21.27M 20.84M 17.16M 10.38M 15.47M
Long term investments - - - - -
Net tangible assets - - - 462.07M 404.43M
Short term investments - - 2.69M - -
Net receivables 15.84M 15.27M 13.50M 4.82M 5.53M
Long term debt 496.36M 594.53M 556.62M 601.86M 592.31M
Inventory - - -2.69300M - -
Accounts payable 20.13M 19.12M 19.55M 20.06M 21.73M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 365.76M 343.69M 304.94M 268.35M 230.19M
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 4.45M 1234.96M 1207.52M 1168.63M 1113.99M
Deferred long term asset charges - - - - -
Non current assets total 1221.65M 1235.17M 1207.79M 1168.96M 1114.43M
Capital lease obligations 8.93M 8.68M 7.33M 4.20M 4.22M
Long term debt total - - - - -
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments - -19.57600M -46.38200M -65.70800M -71.73000M
Change to liabilities - - - 0.00000M 0.00000M
Total cashflows from investing activities 1.58M -19.57600M -46.38200M -65.70800M -71.73000M
Net borrowings -10.00700M 10.57M 27.85M 5.85M 23.35M
Total cash from financing activities -36.08057M -44.86900M -25.96200M -5.31900M 13.32M
Change to operating activities - - - 1.29M 3.93M
Net income 22.35M 38.74M 36.60M 38.15M 41.57M
Change in cash 3.07M 1.56M -1.49200M -4.78700M -1.87100M
Begin period cash flow 2.36M 0.91M 2.40M 7.19M 9.06M
End period cash flow 5.43M 2.47M 0.91M 2.40M 7.19M
Total cash from operating activities 37.46M 66.00M 70.85M 66.24M 56.54M
Issuance of capital stock - - 0.08M 38.44M 30.00M
Depreciation 0.14M 0.07M 0.10M 0.12M 0.09M
Other cashflows from investing activities - -19.57600M -46.33200M - -
Dividends paid 25.87M 22.85M 22.46M -21.67700M -18.27900M
Change to inventory - - - - -
Change to account receivables - - - - -
Sale purchase of stock - - -0.02500M - -
Other cashflows from financing activities -0.25579M -32.59400M -4.97200M 62.50M 107.37M
Change to netincome - - - 23.56M 7.66M
Capital expenditures 0.17M 0.00000M 0.05M 0.00000M 0.20M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital 0.30M -2.59200M 1.60M 1.29M 3.93M
Stock based compensation 1.58M 0.94M 0.45M 0.54M 1.06M
Other non cash items 14.66M 28.84M 32.10M 26.13M 29.35M
Free cash flow 37.29M 66.00M 70.80M 66.24M 56.34M

Peer Comparison

Sector: Real Estate Industry: REIT - Office

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
BTBIF
BTB Real Estate Investment Trust
- -% 2.70 15.50 12.69 1.91 0.73 8.21 17.96
BXP
BXP, Inc.
0.54 0.89% 61.44 33.62 28.25 3.28 1.80 7.23 12.91
ARE
Alexandria Real Estate Equities Inc
1.05 2.06% 52.33 - 16.69 2.75 0.55 7.03 57.41
GECFF
Gecina SA
- -% 87.89 12.89 10.00 7.82 0.47 14.19 21.95
VNO
Vornado Realty Trust
0.65 1.90% 34.65 - 1250.00 4.65 1.23 8.18 33.48

Reports Covered

Stock Research & News

Profile

BTB Real Estate Investment Trust is a real estate investment trust listed on the Toronto Stock Exchange. BTB invests in industrial, suburban office and necessity-based retail properties across Canada for the benefit of their investors. As of today, BTB owns and manages 72 properties, representing a total area of approximately 6.0 million square feet. BTB Real Estate Investment Trust was incorporated on September 8th, 2005 in Quebec, Canada.

BTB Real Estate Investment Trust

1411 Crescent Street, Montreal, QC, Canada, H3G 2B3

Key Executives

Name Title Year Born
Mr. Michel Leonard Pres, CEO & Non Independent Trustee 1957
Mr. Mathieu Bolte VP & CFO NA
Mr. Peter Picciola VP & Chief Investment Officer NA
Philippine Soulie Director of Communications & Investor Relations NA
Ms. Eve Charbonneau Director of Legal Affairs NA
Eleni Mentzelos Director of HR NA
Nathalie Jacques Chief Corp. Accountant NA
Mr. Étienne Charbonneau Principal Controller NA
Ms. Sylvie Hatotte Director of Information System and Processes NA
Mr. Michel Leonard President, CEO & Non Independent Trustee 1957

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