MGR FY26 Results Presentation

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Stock Mirvac Group (MGR.ASX)
Release Time 19 Aug 2026, 7:33 a.m.
Price Sensitive Yes
 Mirvac Group FY26 Results Presentation
Key Points
  • FY26 Statutory Profit: $677m, +100% YoY
  • Residential gross margin: +9% YoY
  • Assets under management: ~$10.5bn
  • Investment portfolio: ~$27bn
  • Development pipeline: ~$18bn
Full Summary

Mirvac Group announced its FY26 results, highlighting a significant 100% year-on-year increase in statutory profit to $677 million. The company achieved a 9% growth in residential gross margin and expanded its assets under management to approximately $10.5 billion. The investment portfolio also grew to around $27 billion, and the development pipeline was valued at about $18 billion. Mirvac's strategic initiatives, including portfolio optimization and development completions, contributed to the robust financial performance.

Guidance

FY27 EPS growth guidance, targeting >10% improved development EBIT returns

Outlook

Mirvac is poised for continued growth with a focus on activating its restocked pipeline, deploying capital, and unlocking shareholder value.