No profile data available.
Morguard Corporation (MRC.TO) is a financial services company in the real estate holders industry, based in Mississauga, Canada.
It reported revenue of 1.11 billion CAD for fiscal year 2024, down 8.3% from fiscal year 2023, and net income of 261.80 million CAD. In Q2 2025 (the quarter ended June 30, 2025) revenue was 276.15 million CAD, up 0.7% from a year before. Its largest business segment, Multi-Suite Residential, brought in 50% of segment revenue in fiscal year 2025; Canada was the largest region with 63%. Its market capitalization was 1.22 billion CAD as of October 9, 2026.
Figures from company filings and market data; latest fiscal year ended December 31, 2024; market data as of October 9, 2026.
Morguard Corporation, a real estate investment and management company, engages in property ownership, development, and investment advisory services in Canada and the United States. It operates in four segments: Multi-Suite Residential, Retail, Office, and Hotel.
Morguard reported 1.11 billion CAD in revenue for fiscal year 2024, down 8.3% from 1.21 billion CAD in fiscal year 2023. In Q2 2025 revenue was 276.15 million CAD.
Multi-Suite Residential, with 533.01 million CAD or 50% of segment revenue in fiscal year 2025. Next: Retail (24%) and Office Incl. Industrial (23%).
Canada: 63% of revenue by region in fiscal year 2025, followed by United States (37%).
1.22 billion CAD as of October 9, 2026.
Listed companies of a similar size in the same industry (real estate holders) include Mainstreet Equity Corp. (MEQ.TO), Morguard North American Residential Real Estate Investment Trust (MRG-UN.TO), Wall Financial Corporation (WFC.TO), Madison Pacific Properties Inc. (MPC.TO).