Goodman 30 June 2026 Full Year Results Updated
| Stock | Goodman Group (GMG.ASX) |
|---|---|
| Release Time | 20 Aug 2026, 8:50 a.m. |
| Price Sensitive | Yes |
Goodman Group FY26 Results: 15.7% Operating Profit Growth
- Operating profit up 15.7% to $2.67 billion
- OEPS up 10.1% to 129.9 cents
- Data centres drive WIP to $19.7 billion
- Targeting FY27 OEPS growth of 9%
- Strong liquidity and low gearing
Goodman Group (ASX:GMG) reported robust full-year results for FY26, with operating profit rising 15.7% to $2.67 billion. The Group's performance was bolstered by the growing demand for its urban locations and data centres, where secured power, scarce land, and customer and investment partner engagement are driving a significant development pipeline. Operating earnings per security (OEPS) increased by 10.1% to 129.9 cents, while statutory profit reached $2.779 billion. The Group's total portfolio value increased to $89.0 billion, with a 95.6% occupancy rate and a 4.0% like-for-like net property income growth. Work in progress (WIP) stood at $19.7 billion, with data centres accounting for 78% of the total. The global power bank expanded to 6.4 GW across 16 major global cities. Goodman Group is well-positioned to capture long-term growth opportunities, with a strong capital position and a disciplined approach to capital management.
FY27 OEPS growth target of 9% (Goodman Group)
Goodman Group sees significant opportunities over the next five years, driven by large-scale logistics requirements and cloud growth in metropolitan markets. The Group aims to build into this demand and capture the long-term value it creates.