Full Year Results Presentation
| Stock | Goodman Group (GMG.ASX) |
|---|---|
| Release Time | 20 Aug 2026, 8:32 a.m. |
| Price Sensitive | Yes |
Goodman Group FY26 Full Year Results
- Operating profit increased by 15.7% to $2.675 billion
- Operating earnings per security (OEPS) rose 10.1% to 129.9 cents
- Statutory profit surged 67% to $2.8 billion
- Total portfolio value increased by 4% to $89 billion
- Development work in progress (WIP) up 53% to $19.7 billion
Goodman Group has announced its full-year results for FY26, showcasing a robust performance across various metrics. The company reported an operating profit of $2.675 billion, a 15.7% increase from the previous year. Operating earnings per security (OEPS) also rose by 10.1% to 129.9 cents. Statutory profit saw the most significant growth, jumping 67% to $2.8 billion. The total portfolio value increased by 4% to $89 billion, while development work in progress (WIP) rose 53% to $19.7 billion. The company's strategic focus on data centres and large-scale infrastructure projects contributed to these impressive figures. Goodman also highlighted strong capital management, with $6.4 billion in cash and undrawn lines, and a gearing of 6.5%. The company's data centre strategy continued to progress with a global power bank of 6.4 GW, including 3.6 GW secured, and a globally diversified 0.5 GW of metro data centre developments in WIP. The Group is targeting full-year OEPS growth of 9% in FY27, with the target distribution remaining at 30.0 cents per security.
FY27 target: OEPS growth of 9%, distribution of 30.0 cents per security
Goodman Group is well positioned for FY27, with strong capital management, ongoing development projects, and a robust data centre strategy. The company expects to continue delivering growth and value to stakeholders.