YOLFTbeta
Tritax Big Box REIT plc

Tritax Big Box REIT plc

BBOX · LSE · Real Estate / REIT - Industrial

148.10GBX+0.10 (+0.07%)

Price History

Full chart

Market Stats

Previous Close148.00
Open148.00
Day Range147.10 – 148.40
52-Week Range133.74 – 172.84
Volume4.26M
Market Cap4.12B
P/E (TTM)14.08
Forward P/E15.82
EPS0.10
Dividend Yield4.99%
Beta1.13
50-Day Avg156.67
200-Day Avg156.58

About

Tritax Big Box REIT plc is the largest listed investor in high-quality logistics warehouse assets and controls the largest logistics-focused land platform in the UK. Tritax Big Box targets attractive and sustainable returns for shareholders by investing in and actively managing existing built investments and land suitable for logistics development. The Company focuses on well-located, modern logistics assets, typically letting institutional-grade clients on long-term leases with upward-on-only rent reviews and geographic and client diversification throughout the UK. Additionally, having adopted a power first approach, the Company has recently secured its first data center development opportunities (amounting to over 230MW), and has a pipeline of c.1-gigawatt of further opportunities, offering the potential to deliver exceptional returns on an accelerated basis. Tritax Big Box REIT plc was established and on September 14, 2012 and incorporated in United Kingdom.

Company Details

  • SectorReal Estate
  • IndustryREIT - Industrial
  • CEOMr. Colin Richard Godfrey B.Sc., MRICS
  • Employees0
  • Headquarters72 Boardwick Street, London, United Kingdom, W1F 9QZ, UK
  • Websitehttps://www.tritaxbigbox.co.uk

Leadership

  • Mr. Colin Richard Godfrey B.Sc., MRICSPartner & CEO · b. 1965
  • Mr. James Angus Dunlop B.Sc., MRICSCo-Founder, Partner & CEO of Investment of Tritax Management LLP
  • Mr. Henry Bell Franklin B.A., CTACo-Founder, Partner & COO of Tritax Management LLP
  • Mr. Frankie Whitehead ACAPartner & CFO · b. 1985
  • Mr. Ian BrownHead of Corporate Strategy & Investor Relations of Tritax Big Box
  • Ms. Catherine FryHead of Risk & Compliance Tritax Management LLP
  • Ms. Anisha D'CruzLegal Counsel of Tritax Management LLP
  • Ms. Nicola KrafftDirector of Marketing & Communications- Tritax Management LLP
  • Ms. Sophie CastleHead of People Development of Tritax Management LLP
  • Ms. Petrina Austin B.Sc., MRICSHead of Asset Management of Tritax Management LLP

Financials

Income Statement

Currency: GBP2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue16.38M138.00M98.52M260.33M263.95M160.60M487.30M996.10M-573.50M228.80M294.30M344.50M
Growth (%)-+742.31%-28.61%+164.23%+1.39%-39.16%+203.42%+104.41%-157.57%+139.90%+28.63%+17.06%
Cost of Revenue2.44M7.74M11.82M14.80M20.26M21.70M22.60M31.30M34.20M6.30M18.20M52.40M
Gross Profit13.95M130.26M86.70M245.53M243.69M160.60M464.70M964.80M-607.70M222.50M276.10M292.10M
Gross Margin85.14%94.39%88.00%94.31%92.32%100.00%95.36%96.86%105.96%97.25%93.82%84.79%
Operating Expense1.07M-3.73M-5.20M-2.27M-29.30M19.40M15.20M-6.30M-45.90M31.80M-238.50M14.50M
Operating Income12.88M133.98M91.89M247.80M272.99M141.20M449.50M971.10M-561.80M190.70M514.60M277.60M
Operating Margin78.61%97.09%93.27%95.19%103.42%87.92%92.24%97.49%97.96%83.35%174.86%80.58%
EBITDA10.18M27.31M44.47M71.53M90.41M141.20M454.00M1.02B-560.00M183.50M266.00M441.20M
EBITDA Margin62.11%19.79%45.14%27.48%34.25%87.92%93.17%102.06%97.65%80.20%90.38%128.07%
Net Income35.87M133.98M91.89M247.80M252.57M141.20M449.40M972.60M-599.40M70.00M445.50M363.30M
Net Income Margin218.92%97.09%93.27%95.19%95.69%87.92%92.22%97.64%104.52%30.59%151.38%105.46%
R&D-----0.932.574.652.710.31--
R&D as % of Total Revenue-----0.00%0.00%0.00%-0.00%0.00%--
Interest Expense-5.92M9.46M13.07M20.42M30.20M34.10M36.30M39.20M53.40M70.90M77.00M
Interest Expense % of Total Revenue-4.29%9.60%5.02%7.74%18.80%7.00%3.64%-6.84%23.34%24.09%22.35%

Balance Sheet

Currency: GBP2013-02-282014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets50.00K717.84M1.25B1.99B2.69B3.13B3.86B4.41B5.59B5.16B5.10B6.70B8.05B
Total Liabilities-214.31M413.71M571.60M759.99M893.18M1.30B1.49B1.52B1.81B1.77B2.13B2.98B
Total Equity50.00K503.53M841.10M1.41B1.93B2.24B2.56B2.92B4.08B3.35B3.33B4.57B5.06B
Cash-98.62M59.21M165.04M71.91M48.33M21.20M57.60M70.90M47.40M36.40M80.60M130.60M
Total Debt-200.93M377.63M533.50M708.93M820.45M1.15B1.34B1.35B1.61B1.62B1.95B2.67B
Net Debt-102.32M318.43M368.45M637.02M772.12M1.13B1.29B1.27B1.57B1.58B1.87B2.54B

Cash Flow

Currency: GBP2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow19.54M26.53M70.27M86.78M93.95M93.30M137.60M196.10M177.40M185.30M195.40M252.50M
Investing Cash Flow-501.93M-425.80M-590.08M-602.17M-261.29M-474.60M-150.20M-327.30M-302.10M-67.20M-82.30M-801.20M
Financing Cash Flow563.22M364.17M625.65M422.25M142.80M355.20M49.00M144.50M101.20M-81.30M-68.70M577.60M
Capital Expenditure000000130.00M4.20M049.00M0252.50M
Free Cash Flow19.54M26.53M70.27M86.78M93.95M93.30M7.60M196.10M177.40M185.30M195.40M255.00M
Dividends Paid7.57M22.03M57.80M77.31M95.50M115.50M109.60M114.30M129.20M135.30M174.10M199.80M
FCF to OCF100.00%100.00%100.00%100.00%100.00%100.00%5.52%100.00%100.00%100.00%100.00%100.99%
Dividend Paid to FCF38.74%83.04%82.25%89.09%101.65%123.79%1442.11%58.29%72.83%73.02%89.10%78.35%

Earnings

Report DateMar 16, 2016Aug 11, 2016Mar 14, 2017Aug 10, 2017Mar 7, 2018Aug 8, 2018Mar 6, 2019Aug 8, 2019Mar 17, 2020Aug 6, 2020Mar 15, 2021Aug 5, 2021Mar 3, 2022Aug 4, 2022Mar 2, 2023Apr 1, 2025Aug 6, 2025Aug 6, 2026Feb 25, 2027
EPS Estimate0.000.000.000.000.003.570.003.600.003.300.00---3.670.040.040.05-
EPS Actual0.090.070.040.070.120.030.100.030.040.030.040.220.330.26-0.530.100.050.00-
Surprise------99.16%--99.17%--99.09%-----114.44%123.21%5.95%-100.00%-
Timing------------Pre-marketPre-marketPre-market-After-hoursAfter-hoursPre-market

Key Statistics & Ratios

Market Cap4.12B
Enterprise Value6.93B
Trailing P/E14.08
Forward P/E15.82
PEG Ratio2.05
Price / Sales11.37
Price / Book0.85
EPS0.10
Book Value1.86
Revenue (TTM)354.50M
Gross Profit (TTM)329.70M
EBITDA293.35M
Profit Margin76.81%
Operating Margin81.93%
Return on Equity5.63%
Return on Assets2.47%
Shares Outstanding2.71B
Shares Float1.86B
Beta1.13
Dividend Yield4.99%
Dividend Rate0.08
Payout Ratio0.00%

Dividends

20264×
0.02Nov 5, 20260.02Aug 13, 20260.02May 21, 20260.02Mar 12, 2026
20254×
0.02Nov 6, 20250.02Aug 14, 20250.02May 22, 20250.02Mar 13, 2025
20244×
0.02Oct 31, 20240.02Aug 22, 20240.02May 23, 20240.02Mar 14, 2024
20234×
0.02Nov 2, 20230.02Aug 10, 20230.02May 11, 20230.02Mar 9, 2023
20224×
0.02Oct 20, 20220.02Aug 4, 20220.02May 12, 20220.02Mar 10, 2022
20214×
0.02Oct 28, 20210.02Aug 5, 20210.02May 13, 20210.02Mar 18, 2021

Stock Splits

  • Jan 25, 2019509:505
  • Apr 24, 20171104:1097
  • Sep 28, 20161337:1328
  • Jan 27, 2016831:827
  • Jul 9, 2014823:817