Companies/Morguard North American Residential Real Estate Investment Trust
Company profile

Morguard North American Residential Real Estate Investment Trust

OTC: MNARF · Real Estate · REIT - Residential
Canadian filerHQ Mississauga, ONReports USD
#135 of 326 Real Estate companies by revenue43rd-percentile growth
EA Score
58C
Revenue TTM
$253.0M
Rev growth YoY (TTM)
+0.2%
Net income (FY)
$73.7M
Employees
1,300
as of 2026-08-18
Market cap
$425.5M
as of 2026-08-18

Financials — latest annual

SEC EDGAR · USD-normalized
ConceptUSDNativeFY
Revenue$253.7M354.6M CAD2025
Net income$73.7M103.0M CAD2025
Operating income$119.1M166.5M CAD2025
Total assets$3.3B4.5B CAD2025
Liabilities$1.8B2.4B CAD2025
Equity$1.5B2.0B CAD2025

Revenue trend

FY2018 – FY2025 · USD
FY18
FY19
FY20
FY21
FY22
FY23
FY24
FY25

Revenue by segment

No segmentation disclosed for this filer. n/a

The read

What is Morguard North American Residential Real Estate Investment Trust’s revenue?

Morguard North American Residential Real Estate Investment Trust booked $253.7M in FY2025 revenue, growing 1.0% year over yearabout the middle of the pack among Real Estate companies we track, at a 29.0% net margin.

Key facts
CEOAngela Sahi
SectorReal Estate
IndustryREIT - Residential
HeadquartersMississauga, ON
ExchangeOTC: MNARF
Employees1,300
IPO date2013-10-21
Latest filings

No filings loaded — no CIK (non-SEC filer).

Financials: SEC EDGAR (XBRL), USD-normalized per IAS 21 · TTM/quarterly + segments: FMP from filed disclosures · Filings: EDGAR submissions. County headcount and EA Score are in progress — see docs/DATA_GAPS.md.