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SEGRO Plc (OTC:SEGXF) Surpasses Earnings Expectations
Financial Modeling Prep· 2026-02-22 08:00
Core Insights - SEGRO Plc is a leading warehouse and industrial property group listed on the FTSE 100, focusing on leasing and managing properties, benefiting from e-commerce and data center growth [1] Financial Performance - On February 20, 2026, SEGRO reported earnings per share of $0.30, surpassing the estimated $0.24, with a record year in leasing activity for 2025 and a 6% growth in earnings [2] - SEGRO's revenue reached approximately $504.5 million, exceeding the estimated $463.3 million, supported by an adjusted pre-tax profit increase of 8.3% to £509 million [3] - The group's like-for-like net rental income grew by 6.0%, with UK rent reviews and lease renewals delivering an average uplift of 46% [3] Financial Health - The adjusted net asset value per share rose by 2.0% to 925 pence, indicating positive financial health [4] - The company's price-to-earnings (P/E) ratio is approximately 18.94, reflecting investor confidence, while the price-to-sales ratio is about 14.38 [4] - The enterprise value to sales ratio is around 21.04, suggesting a strong valuation compared to sales [4] - SEGRO's debt-to-equity ratio is approximately 0.40, showing a balanced approach to financing, while the current ratio of around 0.56 indicates a need for improvement in covering short-term liabilities [5] - The earnings yield of about 5.28% represents a solid return on investment for shareholders [5]