# Primaris Real Estate Investment Trust (PMREF)

> Real Estate · CA · Reports in CAD

Fundamental indicators from Sponda, adjusted for inflation.

[HTML version](https://sponda.capital/en/PMREF/fundamentals)

## Annual figures

| Year | Revenue (M) | Net Inc. (M) | FCF (M) | Debt (M) | Equity (M) |
| --- | --- | --- | --- | --- | --- |
| 2026 | $ 177.77M | $ 41.92M | $ 20.13M | $ 2.19B | $ 2.54B |
| 2025 | $ 653.24M | $ 183.24M | $ 210.28M | $ 2.19B | $ 2.53B |
| 2024 | $ 516.86M | $ 80.98M | $ 133.22M | $ 1.71B | $ 2.16B |
| 2023 | $ 426.43M | $ 106.12M | $ 157.70M | $ 1.48B | $ 2.10B |
| 2022 | $ 407.76M | $ -12.96M | $ 175.29M | $ 1.01B | $ 2.09B |
| 2021 | $ 289.70M | $ 404.45M | $ -86.88M | $ 558.42M | $ 2.19B |
| 2020 | $ 318.32M | $ -319.00M | $ 333.35M | $ 609.90M | $ 1.00B |
| 2012 | $ 557.05M | $ 360.98M | $ 257.14M | $ 155.53M | $ 2.33B |
| 2011 | $ 499.26M | $ 316.76M | $ -598.21M | $ 1.70B | $ 1.77B |
| 2010 | $ 451.51M | $ 91.51M | $ -136.46M | $ 1.34B | $ 560.81M |
| 2009 | $ 391.96M | $ 9.54M | $ -335.15M | $ 1.27B | $ 471.42M |
| 2008 | $ 387.63M | $ 14.17M | $ 106.55M | $ 985.70M | $ 530.22M |
| 2007 | $ 356.59M | $ -44.96M | $ 118.19M | $ 956.17M | $ 590.89M |
| 2006 | $ 300.97M | $ 18.47M | $ 16.25M | $ 727.07M | $ 621.70M |
| 2005 | $ 227.12M | $ 27.18M | $ 56.53M | $ 620.89M | $ 533.22M |
| 2004 | $ 165.95M | $ 33.90M | $ -258.93M | $ 413.24M | $ 322.72M |
| 2003 | $ 57.66M | $ 19.21M | $ 427.96M | $ 262.71M | $ 232.85M |

Columns not available in this view: annualPriceMultiples, dividends. They require live market data and are shown on the HTML page instead.

## Leverage and liquidity

| Indicator | Value |
| --- | --- |
| Gross Debt / Eq | 0.86 |
| Liabilities / Eq | 1.08 |
| Current Ratio | 2.43 |

## Debt coverage

| Indicator | Value |
| --- | --- |
| Gross Debt / Earnings | 17.32 |
| Gross Debt / FCF | 187.18 |

## Other views

- [Metrics](https://sponda.capital/en/PMREF.md)
- [Charts](https://sponda.capital/en/PMREF/charts.md)
- [Compare](https://sponda.capital/en/PMREF/compare.md)
- [Indicator definitions](https://sponda.capital/en/screener.md)

Data as of 2026-08-23.