)
Edge
Extra Everything: The Story of Chipotle
Chipotle's story from a single restaurant to a nationwide chain, through crisis and turnaround, built on one of the strongest models in the industry.
Killam Apartment REIT
Killam Apartment REIT (KMP-UN) investor relations material
Killam Apartment REIT Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2026 earnings summary7 May, 2026
Executive summary
Achieved strong Q1 2026 financial results, with 3.6% same-property revenue growth and 4% same-property NOI growth, driven by robust Atlantic Canada performance and 97.0% occupancy.
Total property revenue rose 3.9% year-over-year to $96.7M, while net income was $50.3M, down from Q1-2025 due to lower fair value gains.
Portfolio resilience is supported by strong demand, leading to raised targets for same-property revenue and NOI for 2026.
Financial highlights
Net income reached $50.3M, including $14.9M in fair value gains, but declined year-over-year due to lower revaluation gains.
Funds from operations (FFO) per unit was $0.28; adjusted funds from operations (AFFO) per unit grew 4.3% to $0.24.
AFFO payout ratio improved to 68%, a 200-bps improvement from Q1-2025.
Same-property apartment revenue increased 3.6% year-over-year; average rental increase on new leases was 5%.
Same-property operating expenses rose 3.2%, mainly due to higher property taxes and wages, partially offset by lower utility costs.
Outlook and guidance
Same-property revenue and NOI growth targets revised upward to above 3.5% for 2026, from a base of 3%.
Disposition target for non-core assets increased to up to $150M, with activity expected in H2 2026 and proceeds prioritized for NCIB.
Two development projects, Brightwood (Waterloo) and Eventide (Halifax), are on track for completion in 2026.
Debt to normalized EBITDA expected to improve as new developments stabilize.
Interest expense growth anticipated to stabilize by 2028, improving FFO flow-through.
DRIP suspension and NCIB acceleration strategy
Alberta carbon tax removal impact on utilities
Rationale for the MHC disposition target increase
Rationale for reducing MHC portfolio exposure
Halifax insulation from new luxury supply
Infrastructure limits on new development starts
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.Research faster. Power your platform.
Latest events from Killam Apartment REIT
- 6.1% same property NOI growth, higher FFO/AFFO per unit, and robust capital recycling in 2025.KMP-UN
Q4 202513 Apr 2026 - Strong NOI growth, capital recycling, and ESG investments drive robust portfolio performance.KMP-UNInvestor presentation26 Mar 2026
- FFO per unit rose to $0.33, NOI grew 7.4%, and distributions increased 2.9%.KMP-UNQ3 202426 Mar 2026
- FFO and NOI rose sharply on strong rental demand, asset sales, and improved leverage.KMP-UNQ1 202526 Mar 2026
- Strong NOI growth, stable FFO, and asset recycling support positive outlook.KMP-UNQ2 20242 Feb 2026
- 8.4% NOI growth, record-low leverage, and robust asset recycling drive strong 2024 results.KMP-UNQ4 202423 Dec 2025
- Record NOI growth, lower leverage, and a 2.9% distribution increase were key highlights.KMP-UNAGM 202525 Nov 2025
- Q2-2025 delivered strong FFO, NOI, and revenue growth, with improved debt metrics and active recycling.KMP-UNQ2 202523 Nov 2025
- Q3-2025 delivered strong NOI and FFO growth, robust rent increases, and active capital recycling.KMP-UNQ3 20256 Nov 2025
Next Killam Apartment REIT earnings date
Q2 20266 Aug, 2026
Killam Apartment REIT
Next Killam Apartment REIT earnings date
Q2 20266 Aug, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
Related articles
)
)
Frequently asked questions
Explore our global coverage