Tricon Residential Inc
TSX:TCN

Watchlist Manager
Tricon Residential Inc Logo
Tricon Residential Inc
TSX:TCN
Watchlist
Price: 15.34 CAD -0.78% Market Closed
Market Cap: 4.6B CAD
Have any thoughts about
Tricon Residential Inc?
Write Note

Tricon Residential Inc
Operating Income

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
|

Tricon Residential Inc
Operating Income Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Operating Income CAGR 3Y CAGR 5Y CAGR 10Y
Tricon Residential Inc
TSX:TCN
Operating Income
$241m
CAGR 3-Years
22%
CAGR 5-Years
N/A
CAGR 10-Years
13%
Mainstreet Equity Corp
TSX:MEQ
Operating Income
CA$148.4m
CAGR 3-Years
20%
CAGR 5-Years
14%
CAGR 10-Years
11%
M
Madison Pacific Properties Inc
TSX:MPC
Operating Income
CA$26.1m
CAGR 3-Years
10%
CAGR 5-Years
6%
CAGR 10-Years
3%
Morguard Corp
TSX:MRC
Operating Income
CA$538.3m
CAGR 3-Years
4%
CAGR 5-Years
0%
CAGR 10-Years
8%
S
Skyline Investments Inc
TASE:SKLN
Operating Income
-â‚Ş96.5m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
-15%
H
Halmont Properties Corp
XTSX:HMT
Operating Income
CA$23.2m
CAGR 3-Years
41%
CAGR 5-Years
37%
CAGR 10-Years
N/A
No Stocks Found

Tricon Residential Inc
Glance View

Market Cap
4.2B CAD
Industry
Real Estate

Tricon Residential Inc., with its roots reaching back to the Canadian real estate market, has carved out a unique niche in the housing industry by focusing on the American Sun Belt, where the demand for single-family rental homes has surged. Born out of the need to cater to a demographic that values flexibility over ownership, Tricon recognized the shifting preferences of millennials and how urbanization trends were reshaping housing needs. Through strategic acquisitions and partnerships, the company has amassed a portfolio of over 30,000 homes, becoming a leader in providing quality rental properties tailored to family living. This growth isn't accidental; it stems from a vision to blend the American dream of home living with the convenience of renting, making them a vital player in a transforming sector. Tricon's profitability draws from a business model that is as much about community building as it is about real estate. They generate revenue through rental income but set themselves apart by elevating property management. Their direct-to-consumer approach, underpinned by advanced data analytics, maximizes occupancy rates and minimizes turnover. By maintaining a close connection with tenants through technology and responsive customer service, Tricon ensures a steady stream of income while keeping operational costs in check. The company continually reinvests in renovations and expansions to enhance the value of its assets, all while adapting to evolving tenant needs—making each residence more than just a house, but a home.

TCN Intrinsic Value
20.61 CAD
Undervaluation 26%
Intrinsic Value
Price

See Also

What is Tricon Residential Inc's Operating Income?
Operating Income
241m USD

Based on the financial report for Dec 31, 2023, Tricon Residential Inc's Operating Income amounts to 241m USD.

What is Tricon Residential Inc's Operating Income growth rate?
Operating Income CAGR 10Y
13%

Over the last year, the Operating Income growth was 153%. The average annual Operating Income growth rates for Tricon Residential Inc have been 22% over the past three years , and 13% over the past ten years .

Back to Top