LondonMetric Property Plc

LondonMetric Property Plc

LMP · LSE · Real Estate / REIT - Industrial

189.20GBX+0.20 (+0.11%)

Price History

Full chart

Market Stats

Previous Close189.00
Open188.70
Day Range187.90 – 189.80
52-Week Range168.31 – 205.68
Volume3.54M
Market Cap4.18B
P/E (TTM)13.20
Forward P/E12.79
EPS0.13
Dividend Yield7.34%
Beta1.01
50-Day Avg187.01
200-Day Avg191.33

About

LondonMetric Property Plc is the UK's leading triple net lease REIT with a 8 billion pounds portfolio. It is aligned to structurally supported sectors of logistics, healthcare, convenience, entertainment and leisure. It owns and manages desirable real estate that meets occupiers' demands, delivers reliable, repetitive and growing income-led returns and outperforms over the long term. LondonMetric Property Plc was established on October 01, 2007 and incorporated in 2007 in United Kingdom.

Company Details

  • SectorReal Estate
  • IndustryREIT - Industrial
  • CEOMr. Andrew Marc Jones B.Sc., BSc (Hons), MRICS
  • Employees54
  • HeadquartersOne Curzon Street, London, United Kingdom, W1J 5HB, UK
  • Websitehttps://www.londonmetric.com

Leadership

  • Mr. Andrew Marc Jones B.Sc., BSc (Hons), MRICSCEO & Executive Director · b. 1968
  • Mr. Martin Francis McGann ACA, B.Sc (Hons)Chief Financial Officer · b. 1961
  • Mr. Darren RichardsChief Investment Officer
  • Ms. Gemma LaneHead of Financial Accounts
  • Mr. Ritesh PatelHead of Corporate Finance
  • Mr. Gareth PriceHead of Investor Relations & Sustainability
  • Ms. Jackie E. JessopHead of Finance · b. 1969
  • Mr. Mark Andrew StirlingAsset Management Director · b. 1963
  • Mr. William EversHead of Investment
  • Mr. Nick HeathHead of Development

Financials

Income Statement

Currency: GBP2008-03-312009-03-312010-03-312011-03-312012-03-312013-03-312014-03-312015-03-312016-03-312017-03-312018-03-312019-03-312020-03-312021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Total Revenue1.25M3.08M16.14M36.06M35.54M41.22M59.13M70.31M76.18M81.39M90.41M80.40M113.40M122.20M133.20M136.40M178.00M396.70M464.60M
Growth (%)-+146.56%+423.69%+123.40%-1.42%+15.96%+43.46%+18.90%+8.35%+6.83%+11.09%-11.07%+41.04%+7.76%+9.00%+2.40%+30.50%+122.87%+17.12%
Cost of Revenue-----3.51M2.79M982.00K830.00K814.00K828.00K1.20M1.90M2.30M2.00M1.50M1.70M4.90M8.40M
Gross Profit1.25M3.08M16.14M36.06M35.54M37.71M56.34M69.33M75.35M80.57M89.58M79.20M111.50M119.90M131.20M134.90M176.30M391.80M456.20M
Gross Margin100.00%100.00%100.00%100.00%100.00%91.48%95.28%98.60%98.91%99.00%99.08%98.51%98.32%98.12%98.50%98.90%99.04%98.76%98.19%
Operating Expense7.01M-9.96M-100.45M-32.59M9.28M33.13M22.28M12.85M13.95M13.45M13.80M13.70M18.30M10.40M15.50M10.10M15.00M-72.90M41.50M
Operating Income-5.76M13.05M116.59M68.65M26.27M4.58M34.06M56.48M61.40M67.12M75.78M65.50M93.20M109.50M115.70M124.80M161.30M464.70M414.70M
Operating Margin-460.48%423.33%722.37%190.39%73.89%11.10%57.61%80.33%80.60%82.47%83.82%81.47%82.19%89.61%86.86%91.50%90.62%117.14%89.26%
EBITDA2.85M25.83M111.59M69.16M28.95M44.63M42.96M56.91M61.82M67.41M76.04M65.60M16.00M110.20M116.20M119.10M161.70M468.30M461.70M
EBITDA Margin227.68%838.09%691.38%191.81%81.46%108.29%72.66%80.95%81.15%82.83%84.11%81.59%14.11%90.18%87.24%87.32%90.84%118.05%99.38%
Net Income405.00K24.04M106.07M43.31M5.34M-13.46M125.34M159.45M82.72M63.00M186.02M119.67M-5.70M257.30M734.50M-506.30M118.70M347.90M295.70M
Net Income Margin32.40%780.11%657.16%120.12%15.02%-32.65%211.96%226.79%108.59%77.41%205.75%148.84%-5.03%210.56%551.43%-371.19%66.69%87.70%63.65%
Interest Expense757.00K1.72M6.76M12.38M12.80M11.26M12.71M13.80M18.64M19.97M18.59M19.60M26.50M23.20M25.80M36.40M41.00M114.90M163.60M
Interest Expense % of Total Revenue60.56%55.84%41.86%34.35%36.01%27.32%21.50%19.63%24.47%24.53%20.56%24.37%23.37%18.99%19.37%26.69%23.03%28.96%35.21%

Balance Sheet

Currency: GBP2008-03-312009-03-312010-03-312011-03-312012-03-312013-03-312014-03-312015-03-312016-03-312017-03-312018-03-312019-03-312020-03-312021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Total Assets302.21M366.40M738.32M1.10B1.01B1.17B1.26B1.37B1.53B1.54B1.83B1.81B2.42B2.63B3.66B3.08B6.48B6.61B8.16B
Total Liabilities24.31M74.72M137.75M422.37M367.32M496.44M508.22M501.10M626.82M536.06M677.13M596.90M979.90M888.70M1.09B1.08B2.51B2.48B3.42B
Total Equity277.90M291.68M600.57M668.72M633.55M676.67M755.85M870.15M898.20M1.01B1.15B1.22B1.43B1.73B2.56B1.97B3.94B4.09B4.71B
Cash182.11M169.86M276.59M156.78M136.93M27.97M78.36M50.57M42.62M42.94M26.16M20.60M81.80M51.40M51.30M32.60M111.90M41.80M143.40M
Total Debt21.82M69.63M121.56M382.96M319.83M460.33M411.38M462.25M567.91M466.32M643.55M558.95M932.60M842.70M1.03B1.02B2.12B2.10B2.99B
Net Debt-160.29M-100.22M-155.03M226.17M182.90M432.36M333.02M411.69M525.29M423.38M617.39M538.35M850.80M791.30M974.70M984.30M2.01B2.06B2.85B

Cash Flow

Currency: GBP2008-03-312009-03-312010-03-312011-03-312012-03-312013-03-312014-03-312015-03-312016-03-312017-03-312018-03-312019-03-312020-03-312021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Operating Cash Flow-1.75M10.40M-1.70M-10.52M37.27M9.67M10.22M24.81M30.87M57.13M43.47M54.20M44.70M99.60M119.50M133.00M123.10M316.90M260.30M
Investing Cash Flow-39.85M-60.13M-147.38M-44.98M-85.32M-186.13M126.12M-56.46M-92.07M7.46M-169.59M83.20M-193.70M-46.40M-367.20M500.00K195.70M-7.90M-328.50M
Financing Cash Flow223.71M37.47M255.81M-64.31M28.20M77.10M-95.55M3.87M53.26M-64.27M109.33M-143.00M215.70M-83.60M247.60M-134.30M-249.90M-339.70M130.40M
Capital Expenditure1.47M82.39M202.58M67.36M136.00K712.00K257.00K25.00K60.00K19.39M56.20M400.00K18.10M25.60M51.00M16.90M5.80M32.90M24.00M
Free Cash Flow-3.22M-71.98M-204.27M-77.88M37.14M8.96M9.96M24.78M30.81M37.74M-12.72M53.80M26.60M74.00M68.50M116.10M117.30M284.00M236.30M
Dividends Paid-10.26M16.70M27.71M37.51M38.00M43.96M43.75M56.17M43.69M43.36M50.62M58.40M72.40M77.50M83.30M90.50M181.40M245.30M
FCF to OCF184.04%-691.86%12051.50%740.40%99.64%92.64%97.49%99.90%99.81%66.07%-29.27%99.26%59.51%74.30%57.32%87.29%95.29%89.62%90.78%
Dividend Paid to FCF--14.25%-8.18%-35.58%101.01%424.20%441.22%176.54%182.33%115.76%-340.72%94.08%219.55%97.84%113.14%71.75%77.15%63.87%103.81%

Earnings

Report DateJun 15, 2016Nov 30, 2016May 31, 2017Nov 29, 2017May 30, 2018Nov 28, 2018May 30, 2019Nov 27, 2019Jun 10, 2020Nov 19, 2020May 27, 2021Nov 18, 2021May 26, 2022Nov 23, 2022May 24, 2023Nov 26, 2024Jun 10, 2025Nov 20, 2025Nov 24, 2026
EPS Estimate0.003.800.000.000.000.000.004.400.004.604.804.50---5.300.00--
EPS Actual0.03-0.020.120.120.150.110.06-0.010.010.090.190.280.50-0.25-0.270.080.090.07-
Surprise--100.53%------100.23%--98.04%-96.04%-93.78%----98.49%---
Timing------------Pre-marketPre-marketPre-market--After-hoursPre-market

Key Statistics & Ratios

Market Cap4.18B
Enterprise Value7.26B
Trailing P/E13.20
Forward P/E12.79
PEG Ratio3.27
Price / Sales8.92
Price / Book0.92
EPS0.13
Book Value2.02
Revenue (TTM)469.30M
Gross Profit (TTM)462.90M
EBITDA433.70M
Profit Margin63.01%
Operating Margin92.26%
Return on Equity6.67%
Return on Assets3.66%
Shares Outstanding2.44B
Shares Float2.08B
Beta1.01
Dividend Yield7.34%
Dividend Rate0.13
Payout Ratio1.87%

Dividends

20263×
0.03Aug 27, 20260.03Jun 4, 20260.03Mar 12, 2026
20254×
0.03Nov 27, 20250.03Aug 28, 20250.03May 29, 20250.03Mar 6, 2025
20244×
0.03Dec 5, 20240.03Aug 29, 20240.03Jun 13, 20240.02Feb 29, 2024
20234×
0.02Nov 30, 20230.02Aug 31, 20230.03Jun 1, 20230.02Mar 9, 2023
20224×
0.02Dec 1, 20220.02Sep 1, 20220.03Jun 9, 20220.02Mar 10, 2022
20214×
0.02Nov 25, 20210.02Sep 2, 20210.02Jun 10, 20210.02Mar 11, 2021
20201×
0.02Nov 26, 2020

Stock Splits

  • Jul 10, 2009285:274