Goodman Group

GMG.ASX

Real Estate

Goodman Group is a provider of essential infrastructure. We own, develop and manage high quality, sustainable logistics properties and data centres in major global cities, that are critical to the digital economy.

Market Data

Price

$31.670

+0.0%
Market Cap

$62.9B

P/E Ratio

38.2x

EPS

$0.829

Div. Yield

0.95%

52-Week Change

+0.0%

Latest Earnings

GMG 31 December 2025 Half Year Results

19 February 2026

NPAT
$824.70
EPS
$0.58
Dividend
$0.15

Goodman Group delivered strong half-year results with operating profit of $1.2 billion and confirmed FY26 operating EPS growth target of 9%. The company is significantly expanding its data centre pipeline, which now represents 73% of its $14.4 billion work in progress, supported by a growing 6.0 GW power bank across 16 global cities. Key points: Operating profit of $1.2 billion with operating EPS of 58.5 cents; Data centre pipeline expanding rapidly - 73% of $14.4 billion work in progress; Power bank increased to 6.0 GW across 16 major global cities

Recent Announcements

19 Feb 2026 Supplementary Positive

Half Year Results Presentation

Goodman Group reported 1H26 operating profit of $1.2 billion with operating EPS of 58.5 cents, down from 63.8 cents in 1H25. The company is expanding aggressively into data centres with $14.4 billion in work in progress (73% data centres) and expects this to grow to ~$18 billion by June 2026, targeting 9% operating EPS growth for FY26. Key points: Strong data centre growth with 73% of $14.4B work in progress being data centres; Global power bank increased to 6.0 GW with 3.6 GW secured power; Property investment earnings up 17% to $366 million driven by acquisitions and rental growth

19 Feb 2026 Actual Results Positive

GMG 31 December 2025 Half Year Results

Goodman Group delivered strong half-year results with operating profit of $1.2 billion and confirmed FY26 operating EPS growth target of 9%. The company is significantly expanding its data centre pipeline, which now represents 73% of its $14.4 billion work in progress, supported by a growing 6.0 GW power bank across 16 global cities. Key points: Operating profit of $1.2 billion with operating EPS of 58.5 cents; Data centre pipeline expanding rapidly - 73% of $14.4 billion work in progress; Power bank increased to 6.0 GW across 16 major global cities

19 Feb 2026 Actual Results Neutral

Appendix 4D Half Year Accounts

Goodman Group reported operating profit of $1,203.5M for H1 FY26, down 1.5% from the prior period, driven by timing impacts from strong H1 FY25 performance. The company maintained its interim distribution at 15.0 cents per security and continued advancing its significant data centre development workbook worth $14.4B, with 73% focused on data centres. Key points: Total portfolio value increased to $87.4B, up 3.6% from prior year; Strong balance sheet maintained with gearing at low 4.1% and $5.2B liquidity; Development work in progress reached $14.4B with 73% being data centre developments

7 Feb 2026 Date Announcement Neutral

Earnings Release - 19 February 2026

Upcoming earnings release expected 19 February 2026 (from Yahoo Finance (confirmed))

21 Aug 2025 Actual Results Positive

Goodman 30 June 2025 Full Year Results

Goodman Group delivered strong FY25 results with operating profit reaching $2,311.2 million (+13% YoY) and operating EPS of 118.0 cents (+9.8% YoY), driven by property investment income growth of 19.5% and development earnings of $1.34 billion. The company is well-positioned for future growth with a substantial $12.9 billion development pipeline (57% data centre focused), 5.0 GW global power bank, and conservative leverage at 4.3%, targeting FY26 operating EPS growth of 9%. Key points: Operating profit up 13% to $2,311.2M with operating EPS growth of 9.8% to 118.0 cents, demonstrating strong operational execution; Total portfolio value grew 9% to $85.6 billion with robust occupancy of 96.5% and like-for-like NPI growth of 4.3%, supported by $1.6B revaluation gains; Development pipeline of $12.9 billion across 57 projects with attractive 7.5% forecast yield on cost; 89% of FY25 completions already leased

21 Aug 2025 Actual Results Positive

Appendix 4E

Goodman Group delivered strong FY2025 results with revenue up 16.5% to $2,311.0M and operating profit up 12.8% to $2,311.2M, driven by portfolio expansion to $85.6B and improved asset management performance. Statutory profit surged to $1,666.4M from a loss of $98.9M in the prior year, primarily due to a $1,313.1M swing in other income from fair value adjustments and property disposals. The company maintained distributions at 30.0 cents per security and reduced gearing significantly to 4.3% from 8.4%, positioning itself for continued growth. Key points: Revenue growth of 16.5% to $2,311.0M driven by portfolio expansion and operational improvements; Operating profit up 12.8% to $2,311.2M demonstrating strong underlying business performance; Total portfolio value increased 8.8% to $85.6B with external assets under management at $72.1B

Get real-time alerts for GMG

Receive AI-powered earnings summaries and instant notifications when Goodman Group releases results.

Register Free