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Last updated: April 2026

SGRO FINANCIAL STATEMENTS

Segro Plc — balance sheet, income statement and cash flow trends

SGROSegro Plc

🇬🇧 UK · LSE · Real Estate · REIT - Industrial

Value itDuel
PriceFinancialsPeers

Income Statement

Quarterly progression — trailing-twelve-month values
RevenueNet Income
-2.5 B02.5 B202020212022202320242025

Profit Funnel

Q1 2025 · TTM
Revenue726 M £Gross Profit538 M £ · 74%Operating Income462 M £ · 64%Pre-tax Income560 M £ · 77%Net Income551 M £ · 76%

Percentages are relative to revenue.

Key Figures

YoY change
Revenue726 M £+6.6%
Gross Profit538 M £+25.1%
Operating Income462 M £+32.8%
EBITDA670 M £—
Net Income551 M £—

Peer Comparison· REIT - Industrial

CompanyRev. GrowthGross MarginEBITDA MarginNet Margin
SGRO-1.1%74.1%92.3%75.9%
ASK—73.3%120.7%116.8%
CIP0.7%77.5%73.9%59.1%
RYGYO-7.1%91.9%93.0%470.3%
IIPR-13.6%60.3%82.2%45.6%
BWP7.2%87.5%156.6%160.1%
Industry median4.0%61.8%82.2%45.6%
CompanyRev. GrowthGross MarginEBITDA MarginNet Margin
SGRO-1.1%74.1%92.3%75.9%
LMP15.3%98.2%98.4%63.6%
Industry median4.0%61.8%82.2%45.6%

Balance Sheet

Quarterly period-end values
Total AssetsTotal LiabilitiesEquity
010 B20 B202020212022202320242025

Capital Structure

Q1 2025
Total Assets18.2 B
  • Equity12.3 B £68%
  • Current Liabilities565 M £3%
  • Long-term Liabilities5.3 B £29%

Key Figures

YoY change
Total Assets18.2 B £+4.0%
Total Liabilities5.9 B £-5.9%
Total Equity12.3 B £+9.6%
Cash & ST Investments111 M £+7.8%
Total Debt5 B £-3.8%
Net Debt4.9 B £-4.0%

Peer Comparison· REIT - Industrial

CompanyCurrent RatioDebt/EquityNetDebt/EBITDAEquity/Assets
SGRO0.5641.0%7.3567.5%
ASK1.4852.8%3.8763.4%
CIP0.0857.7%8.0462.1%
RYGYO1.238.8%0.7583.9%
IIPR0.2419.3%1.2879.1%
BWP0.4632.4%2.8773.8%
Industry median0.3963.2%4.6358.2%
CompanyCurrent RatioDebt/EquityNetDebt/EBITDAEquity/Assets
SGRO0.5641.0%7.3567.5%
LMP1.7863.5%6.2357.8%
Industry median0.3963.2%4.6358.2%

Cash Flow Statement

Quarterly progression — trailing-twelve-month values
Operating Cash FlowCapital ExpendituresFree Cash Flow
0200 M400 M202020212022202320242025

Cash Flow Bridge

Q1 2025 · TTM
-200 M0200 M400 M396 M £Operating-402 M £Investing-246 M £Financing-252 M £Net Change

Key Figures

YoY change
Operating Cash Flow396 M £+66.4%
Capital Expenditures29 M £+107.1%
Free Cash Flow367 M £+63.8%
Dividends Paid-405 M £-272.3%

Peer Comparison· REIT - Industrial

CompanyCF MarginFCF MarginCapEx RatioCF/Net Income
SGRO54.5%50.6%4.0%71.9%
ASK33.7%31.4%2.3%28.8%
CIP36.1%36.1%0.0%61.1%
RYGYO126.5%33.3%2.0%26.9%
IIPR76.0%74.9%26.8%166.7%
BWP61.2%61.2%0.0%38.2%
Industry median55.3%50.6%7.0%117.3%
CompanyCF MarginFCF MarginCapEx RatioCF/Net Income
SGRO54.5%50.6%4.0%71.9%
LMP56.0%50.9%5.2%88.0%
Industry median55.3%50.6%7.0%117.3%

Amounts are in the company’s reporting currency. Peer comparison tables use ratio-based metrics so currency differences do not distort the picture.

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Data on this page refreshes once per day. Price data as of Jul 6, 26. This content is for informational purposes only and is not investment advice.