Global Medical REIT Inc. Net Income History
GMRE / Real Estate|10 years of SEC 10-K data (FY2015-FY2024)
$7M in FY2024 with a 5-year CAGR of -6.9%.
Declined from $20M to $7M over the past 2 years.
Global Medical REIT Inc.'s net income of $7M is lower than 82% of companies in the Real Estate sector (FY2024). Net Income has fluctuated over the past 10 years, ranging from -$6M in FY2016 to $22M in FY2023.
Based on SEC 10-K filings.
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
- 3-Year CAGR
- -28.5%
- 5-Year CAGR
- -6.9%
- 10-Year CAGR
- -
Net Income Trend
Bottom 18% in Real EstateTop 82% of 142This company $6.7M Sector average $322.0M
▼
-97.9% below sector average
Key Insights
- 5-year CAGR of -6.9%, indicating a declining trend.
- In FY2024, net income decreased 69.2% year-over-year.
- Ranks #116 out of 142 companies in the Real Estate sector.
- Peak net income was recorded in FY2023.
Annual Data
| Year | Net Income | YoY Growth |
|---|---|---|
| FY2024 | $6.7M | -69.2% |
| FY2023 | $21.7M | +8.7% |
| FY2022 | $20.0M | +9.0% |
| FY2021 | $18.3M | +834.0% |
| FY2020 | -$2.5M | -126.1% |
| FY2019 | $9.6M | -34.2% |
| FY2018 | $14.6M | +16836.8% |
| FY2017 | -$87.0K | +98.6% |
| FY2016 | -$6.4M | -294.8% |
| FY2015 | -$1.6M | -292.6% |
As of FY2024 · SEC 10-K · Updated Feb 28, 2026