Tricon Residential Inc
TSX:TCN

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Tricon Residential Inc Logo
Tricon Residential Inc
TSX:TCN
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Price: 15.34 CAD -0.78% Market Closed
Market Cap: 4.6B CAD
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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

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Income Statement
Currency: USD
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%

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