Canadian Apartment Properties Real Estate Investment Trust (CAR-UN) - Cash Flow Conversion Efficiency

Latest as of December 2025: 0.020x

Based on the latest financial reports, Canadian Apartment Properties Real Estate Investment Trust (CAR-UN) has a cash flow conversion efficiency ratio of 0.020x as of December 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CA$174.66 Million ≈ $126.35 Million USD) by net assets (CA$8.76 Billion ≈ $6.34 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Canadian Apartment Properties Real Estate Investment Trust - Cash Flow Conversion Efficiency Trend (1997–2025)

This chart illustrates how Canadian Apartment Properties Real Estate Investment Trust's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read CAR-UN total liabilities for a breakdown of total debt and financial obligations.

Canadian Apartment Properties Real Estate Investment Trust Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Canadian Apartment Properties Real Estate Investment Trust ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Hamilton Lane Inc NASDAQ:HLNE	0.056x
Netwealth Group Ltd AU:NWL	0.436x
MeiHua Holdings Group Co Ltd SHG:600873	0.150x
Parq Arauco SN:PARAUCO	0.027x
Corporación Moctezuma S.A.B. de C.V MX:CMOCTEZ	0.102x
Kenon Holdings NYSE:KEN	0.034x
CITIC Heavy Industries Co Ltd SHG:601608	0.033x
BGC Group Inc. NASDAQ:BGC	0.124x

Annual Cash Flow Conversion Efficiency for Canadian Apartment Properties Real Estate Investment Trust (1997–2025)

The table below shows the annual cash flow conversion efficiency of Canadian Apartment Properties Real Estate Investment Trust from 1997 to 2025. For the full company profile with market capitalisation and key ratios, see CAR-UN market cap overview.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CA$8.76 Billion ≈ $6.34 Billion	CA$568.82 Million ≈ $411.48 Million	0.065x	-9.66%
2024-12-31	CA$9.03 Billion ≈ $6.53 Billion	CA$648.85 Million ≈ $469.36 Million	0.072x	+8.28%
2023-12-31	CA$9.28 Billion ≈ $6.71 Billion	CA$615.92 Million ≈ $445.55 Million	0.066x	+11.04%
2022-12-31	CA$10.00 Billion ≈ $7.24 Billion	CA$598.03 Million ≈ $432.60 Million	0.060x	+12.74%
2021-12-31	CA$10.40 Billion ≈ $7.52 Billion	CA$551.43 Million ≈ $398.90 Million	0.053x	+2.15%
2020-12-31	CA$9.27 Billion ≈ $6.71 Billion	CA$481.36 Million ≈ $348.21 Million	0.052x	-4.05%
2019-12-31	CA$8.40 Billion ≈ $6.08 Billion	CA$454.63 Million ≈ $328.87 Million	0.054x	-20.75%
2018-12-31	CA$6.32 Billion ≈ $4.57 Billion	CA$431.18 Million ≈ $311.91 Million	0.068x	-6.37%
2017-12-31	CA$4.92 Billion ≈ $3.56 Billion	CA$358.94 Million ≈ $259.65 Million	0.073x	-16.09%
2016-12-31	CA$4.16 Billion ≈ $3.01 Billion	CA$361.36 Million ≈ $261.40 Million	0.087x	+8.60%
2015-12-31	CA$3.66 Billion ≈ $2.65 Billion	CA$292.82 Million ≈ $211.82 Million	0.080x	-15.96%
2014-12-31	CA$2.98 Billion ≈ $2.16 Billion	CA$283.98 Million ≈ $205.43 Million	0.095x	+0.85%
2013-12-31	CA$2.76 Billion ≈ $1.99 Billion	CA$260.28 Million ≈ $188.28 Million	0.094x	+9.08%
2012-12-31	CA$2.43 Billion ≈ $1.76 Billion	CA$210.22 Million ≈ $152.07 Million	0.087x	-20.30%
2011-12-31	CA$1.74 Billion ≈ $1.26 Billion	CA$189.01 Million ≈ $136.73 Million	0.109x	-27.95%
2010-12-31	CA$595.85 Million ≈ $431.03 Million	CA$89.81 Million ≈ $64.96 Million	0.151x	-9.39%
2009-12-31	CA$457.18 Million ≈ $330.72 Million	CA$76.05 Million ≈ $55.01 Million	0.166x	-6.07%
2008-12-31	CA$485.93 Million ≈ $351.52 Million	CA$86.05 Million ≈ $62.25 Million	0.177x	+44.63%
2007-12-31	CA$584.28 Million ≈ $422.66 Million	CA$71.54 Million ≈ $51.75 Million	0.122x	+6.41%
2006-12-31	CA$594.48 Million ≈ $430.04 Million	CA$68.41 Million ≈ $49.48 Million	0.115x	+9.62%
2005-12-31	CA$588.36 Million ≈ $425.61 Million	CA$61.76 Million ≈ $44.68 Million	0.105x	-4.44%
2004-12-31	CA$575.70 Million ≈ $416.45 Million	CA$63.24 Million ≈ $45.75 Million	0.110x	-18.88%
2003-12-31	CA$270.18 Million ≈ $195.44 Million	CA$36.59 Million ≈ $26.47 Million	0.135x	-1.66%
2002-12-31	CA$263.70 Million ≈ $190.76 Million	CA$36.31 Million ≈ $26.27 Million	0.138x	+28.88%
2001-12-31	CA$253.22 Million ≈ $183.18 Million	CA$27.06 Million ≈ $19.57 Million	0.107x	-10.92%
2000-12-31	CA$204.11 Million ≈ $147.65 Million	CA$24.48 Million ≈ $17.71 Million	0.120x	+50.41%
1999-12-31	CA$160.76 Million ≈ $116.29 Million	CA$12.82 Million ≈ $9.27 Million	0.080x	-36.64%
1998-12-31	CA$105.52 Million ≈ $76.33 Million	CA$13.28 Million ≈ $9.61 Million	0.126x	+93.71%
1997-12-31	CA$74.43 Million ≈ $53.84 Million	CA$4.84 Million ≈ $3.50 Million	0.065x	--

About Canadian Apartment Properties Real Estate Investment Trust

TO:CAR-UN Canada REIT - Residential

Market Cap

$4.06 Billion

CA$5.62 Billion CAD

Market Cap Rank

#4118 Global

#133 in Canada

Share Price

CA$36.51

Change (1 day)

-0.19%

52-Week Range

CA$35.27 - CA$46.05

All Time High

CA$56.97