Tricon Residential Inc
TSX:TCN
Income Statement
Earnings Waterfall
Tricon Residential Inc
Revenue
|
849.8m
USD
|
Cost of Revenue
|
-261.9m
USD
|
Gross Profit
|
587.8m
USD
|
Operating Expenses
|
-346.8m
USD
|
Operating Income
|
241m
USD
|
Other Expenses
|
-126.8m
USD
|
Net Income
|
114.2m
USD
|
Income Statement
Tricon Residential Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
88
N/A
|
116
+32%
|
102
-12%
|
133
+30%
|
169
+27%
|
159
-6%
|
174
+9%
|
152
-12%
|
102
-33%
|
94
-8%
|
108
+14%
|
116
+7%
|
111
-4%
|
90
-20%
|
70
-22%
|
40
-43%
|
25
-36%
|
25
0%
|
26
+4%
|
28
+6%
|
30
+8%
|
32
+7%
|
34
+6%
|
38
+11%
|
40
+6%
|
128
+221%
|
218
+70%
|
308
+41%
|
401
+30%
|
413
+3%
|
433
+5%
|
457
+6%
|
497
+9%
|
538
+8%
|
595
+10%
|
752
+26%
|
806
+7%
|
858
+6%
|
891
+4%
|
819
-8%
|
850
+4%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(30)
|
(60)
|
(91)
|
(121)
|
(124)
|
(129)
|
(138)
|
(150)
|
(161)
|
(177)
|
(192)
|
(209)
|
(226)
|
(240)
|
(253)
|
(262)
|
|
Gross Profit |
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
66
N/A
|
135
+105%
|
206
+52%
|
280
+36%
|
289
+3%
|
304
+5%
|
320
+5%
|
347
+8%
|
377
+9%
|
418
+11%
|
560
+34%
|
597
+6%
|
632
+6%
|
651
+3%
|
566
-13%
|
588
+4%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(20)
|
(26)
|
(28)
|
(28)
|
(38)
|
(37)
|
(38)
|
(37)
|
(35)
|
(33)
|
(35)
|
(37)
|
(35)
|
(38)
|
(41)
|
(45)
|
(42)
|
(47)
|
(47)
|
(48)
|
(52)
|
(52)
|
(54)
|
(54)
|
(56)
|
(71)
|
(89)
|
(115)
|
(146)
|
(173)
|
(221)
|
(279)
|
(367)
|
(459)
|
(544)
|
(532)
|
(501)
|
(396)
|
(345)
|
(346)
|
(347)
|
|
Selling, General & Administrative |
(19)
|
(26)
|
(27)
|
(26)
|
(34)
|
(31)
|
(32)
|
(31)
|
(28)
|
(27)
|
(29)
|
(31)
|
(29)
|
(30)
|
(35)
|
(37)
|
(36)
|
(41)
|
(42)
|
(42)
|
(47)
|
(46)
|
(47)
|
(48)
|
(49)
|
(58)
|
(65)
|
(73)
|
(86)
|
(93)
|
(101)
|
(109)
|
(131)
|
(148)
|
(155)
|
(168)
|
(158)
|
(153)
|
(160)
|
(163)
|
(176)
|
|
Depreciation & Amortization |
(1)
|
(1)
|
(1)
|
(2)
|
(4)
|
(6)
|
(7)
|
(7)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(8)
|
(9)
|
(10)
|
(11)
|
(11)
|
(11)
|
(12)
|
(12)
|
(13)
|
(14)
|
(14)
|
(16)
|
(17)
|
(17)
|
(18)
|
(18)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(5)
|
(15)
|
(32)
|
(49)
|
(70)
|
(109)
|
(158)
|
(223)
|
(297)
|
(375)
|
(350)
|
(327)
|
(227)
|
(168)
|
(165)
|
(153)
|
|
Operating Income |
68
N/A
|
90
+32%
|
74
-18%
|
105
+42%
|
131
+25%
|
122
-7%
|
136
+11%
|
115
-15%
|
67
-42%
|
62
-8%
|
73
+19%
|
79
+8%
|
76
-3%
|
52
-32%
|
28
-46%
|
(5)
N/A
|
(16)
-233%
|
(21)
-31%
|
(21)
+2%
|
(19)
+7%
|
(22)
-13%
|
(20)
+10%
|
(20)
+2%
|
(17)
+15%
|
(16)
+5%
|
27
N/A
|
70
+155%
|
102
+47%
|
134
+31%
|
116
-13%
|
83
-29%
|
41
-50%
|
(20)
N/A
|
(81)
-302%
|
(126)
-55%
|
29
N/A
|
95
+234%
|
236
+148%
|
306
+29%
|
220
-28%
|
241
+9%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(16)
|
(14)
|
(23)
|
(15)
|
(10)
|
(40)
|
(37)
|
(20)
|
5
|
33
|
31
|
13
|
(3)
|
14
|
(2)
|
65
|
95
|
196
|
242
|
223
|
243
|
167
|
184
|
177
|
177
|
(94)
|
(89)
|
(46)
|
28
|
168
|
358
|
574
|
672
|
895
|
1 193
|
1 022
|
860
|
549
|
89
|
38
|
(76)
|
|
Non-Reccuring Items |
(5)
|
(5)
|
(5)
|
(0)
|
(1)
|
(2)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(2)
|
(1)
|
(6)
|
(5)
|
(7)
|
(32)
|
(29)
|
(33)
|
(32)
|
(10)
|
(13)
|
(12)
|
(12)
|
(13)
|
(15)
|
(17)
|
(18)
|
(19)
|
(22)
|
(20)
|
(30)
|
(26)
|
(19)
|
(15)
|
|
Total Other Income |
0
|
0
|
(0)
|
(1)
|
(2)
|
(2)
|
(1)
|
(2)
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
141
|
94
|
52
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
47
N/A
|
71
+49%
|
46
-35%
|
89
+94%
|
118
+32%
|
79
-33%
|
96
+21%
|
90
-5%
|
69
-24%
|
90
+31%
|
100
+11%
|
90
-10%
|
72
-20%
|
64
-11%
|
24
-63%
|
57
+142%
|
75
+31%
|
173
+129%
|
220
+27%
|
197
-11%
|
216
+10%
|
140
-35%
|
132
-5%
|
132
0%
|
129
-2%
|
42
-67%
|
65
+53%
|
95
+47%
|
150
+58%
|
272
+81%
|
428
+57%
|
600
+40%
|
635
+6%
|
796
+25%
|
1 049
+32%
|
1 028
-2%
|
935
-9%
|
755
-19%
|
369
-51%
|
239
-35%
|
150
-37%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(12)
|
(17)
|
(16)
|
(18)
|
(19)
|
(19)
|
(17)
|
(17)
|
(11)
|
(8)
|
(10)
|
(9)
|
(12)
|
(12)
|
(9)
|
(11)
|
(12)
|
(20)
|
(24)
|
(22)
|
(23)
|
(18)
|
(19)
|
(20)
|
(15)
|
1
|
(3)
|
(13)
|
(38)
|
(71)
|
(111)
|
(162)
|
(176)
|
(201)
|
(219)
|
(194)
|
(155)
|
(110)
|
(58)
|
(26)
|
(28)
|
|
Income from Continuing Operations |
35
|
54
|
30
|
71
|
99
|
60
|
79
|
73
|
59
|
83
|
90
|
80
|
60
|
52
|
15
|
47
|
63
|
153
|
196
|
175
|
193
|
121
|
114
|
112
|
114
|
44
|
62
|
82
|
113
|
201
|
317
|
438
|
459
|
595
|
829
|
834
|
779
|
645
|
311
|
213
|
122
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(6)
|
(7)
|
(7)
|
(7)
|
(8)
|
|
Net Income (Common) |
35
N/A
|
54
+54%
|
30
-44%
|
71
+135%
|
99
+40%
|
60
-40%
|
79
+32%
|
73
-7%
|
58
-20%
|
82
+41%
|
89
+9%
|
80
-11%
|
60
-25%
|
54
-9%
|
18
-67%
|
52
+189%
|
69
+33%
|
161
+132%
|
222
+38%
|
198
-11%
|
216
+9%
|
140
-35%
|
113
-20%
|
111
-2%
|
112
+1%
|
47
-58%
|
52
+11%
|
78
+50%
|
113
+46%
|
128
+13%
|
257
+100%
|
400
+56%
|
445
+11%
|
634
+42%
|
904
+43%
|
879
-3%
|
809
-8%
|
674
-17%
|
303
-55%
|
208
-31%
|
114
-45%
|
|
EPS (Diluted) |
0.37
N/A
|
0.49
+32%
|
0.33
-33%
|
0.64
+94%
|
0.9
+41%
|
0.66
-27%
|
0.71
+8%
|
0.63
-11%
|
0.5
-21%
|
0.66
+32%
|
0.72
+9%
|
0.64
-11%
|
0.48
-25%
|
0.46
-4%
|
0.14
-70%
|
0.32
+129%
|
0.53
+66%
|
0.99
+87%
|
1.62
+64%
|
1.28
-21%
|
1.33
+4%
|
0.95
-29%
|
0.64
-33%
|
0.51
-20%
|
0.58
+14%
|
0.23
-60%
|
0.27
+17%
|
0.36
+33%
|
0.56
+56%
|
0.65
+16%
|
1.27
+95%
|
1.83
+44%
|
2
+9%
|
2.28
+14%
|
2.58
+13%
|
2.81
+9%
|
2.6
-7%
|
2.17
-17%
|
1.09
-50%
|
0.66
-39%
|
0.41
-38%
|