| GBP | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Revenue | 5.06B | 4.67B | 3.55B | 3.05B |
| YoY Growth | +8.2% | +31.5% | +16.5% | — |
| Gross Profit | — | — | — | — |
| Gross Margin | — | — | — | — |
| R&D | — | — | — | — |
| SG&A | 772.70M | 710.90M | 654.30M | 580.80M |
| EBIT | — | — | — | — |
| EBIT Margin | — | — | — | — |
| D&A | 79.00M | 85.50M | 58.70M | 41.90M |
| EBITDA | — | — | — | — |
| EBITDA Margin | — | — | — | — |
| Net Income | 742.60M | 663.30M | 338.00M | 286.50M |
| Net Margin | 14.7% | 14.2% | 9.5% | 9.4% |
| EPS (diluted) | £2.42 | £2.17 | £1.11 | £1.24 |
| Shares (dil., M) | 307 | 306 | 305 | 302 |
| Gross Margin | — |
|---|---|
| EBITDA Margin | — |
| EBIT Margin | — |
| Net Margin | 14.7% |
| FCF Margin | 7.2% |
| ROIC | — |
|---|---|
| ROCE | — |
| ROE | 51.5% |
| ROA | 8.2% |
| Asset Turnover | 0.56× |
| FCF / Net Income | 48.8% |
|---|---|
| SBC / Net Income | 10.1% |
| SBC / Revenue | 1.5% |
| Capex / D&A | 0.94× |
| Metric | 3yr |
|---|---|
| Revenue | 18.4% |
| EPS | 25.0% |
| FCF | -1.4% |
| Dividend | — |
| Float | 88.5% |
|---|---|
| Shares Out. | 298.9M |
| Insiders % | 0.7% |
| Institutions % | 81.7% |
| Institutions (of float) | 82.2% |
| Institution holders | 1,449 |
| Insider net buy 6M | +0.4% |
| Cash & ST Invest. | £3.9B |
|---|---|
| Total Debt | £1.9B |
| Net Cash / (Debt) | -£1.6B |
| Total Assets | £9.0B |
| Total Equity | £1.4B |
| Goodwill & Intang. | £327.6M |
| Tangible Book Value | £1.1B |
| NCAV (Graham) | — |
| Tangible Book/sh | £3.73 |
| NCAV/sh | — |
| D/E Ratio | 1.31× |
|---|---|
| Net Debt / EBITDA | — |
| Interest Coverage | — |
| Current Ratio | — |
| Quick Ratio | — |
| Capex | £74.3M |
|---|---|
| Capex / Revenue | 1.5% |
| SBC | £75.0M |
| Dividends Paid | £715.4M |
| Buybacks | — |
| Annual DPS | £1.59 |
|---|---|
| Yield (fwd) | 4.63% |
| Payout Ratio | 73.1% |
| Ex-div Date | 2026-05-07 |
| P/E vs 4Y | 14.2×vs 44.5× median |
|---|---|
| Div yield vs 10Y | 463.0%vs 2.4% median |
| Gross Margin | — |
|---|---|
| EBITDA Margin | — |
| EBIT Margin | — |
| Net Margin | 14.7% |
| FCF Margin | 7.2% |
| ROIC | — |
|---|---|
| ROCE | — |
| ROE | 51.5% |
| ROA | 8.2% |
| Asset Turnover | 0.56× |
| FCF / Net Income | 48.8% |
|---|---|
| SBC / Net Income | 10.1% |
| SBC / Revenue | 1.5% |
| Capex / D&A | 0.94× |
| Metric | 3yr |
|---|---|
| Revenue | 18.4% |
| EPS | 25.0% |
| FCF | -1.4% |
| Dividend | — |
| Float | 88.5% |
|---|---|
| Shares Out. | 298.9M |
| Insiders % | 0.7% |
| Institutions % | 81.7% |
| Institutions (of float) | 82.2% |
| Institution holders | 1,449 |
| Insider net buy 6M | +0.4% |
| GBP | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Revenue | 5.06B | 4.67B | 3.55B | 3.05B |
| YoY Growth | +8.2% | +31.5% | +16.5% | — |
| Gross Profit | — | — | — | — |
| Gross Margin | — | — | — | — |
| R&D | — | — | — | — |
| SG&A | 772.70M | 710.90M | 654.30M | 580.80M |
| EBIT | — | — | — | — |
| EBIT Margin | — | — | — | — |
| D&A | 79.00M | 85.50M | 58.70M | 41.90M |
| EBITDA | — | — | — | — |
| EBITDA Margin | — | — | — | — |
| Net Income | 742.60M | 663.30M | 338.00M | 286.50M |
| Net Margin | 14.7% | 14.2% | 9.5% | 9.4% |
| EPS (diluted) | £2.42 | £2.17 | £1.11 | £1.24 |
| Shares (dil., M) | 307 | 306 | 305 | 302 |
| Cash & ST Invest. | £3.9B |
|---|---|
| Total Debt | £1.9B |
| Net Cash / (Debt) | -£1.6B |
| Total Assets | £9.0B |
| Total Equity | £1.4B |
| Goodwill & Intang. | £327.6M |
| Tangible Book Value | £1.1B |
| NCAV (Graham) | — |
| Tangible Book/sh | £3.73 |
| NCAV/sh | — |
| D/E Ratio | 1.31× |
|---|---|
| Net Debt / EBITDA | — |
| Interest Coverage | — |
| Current Ratio | — |
| Quick Ratio | — |
| Capex | £74.3M |
|---|---|
| Capex / Revenue | 1.5% |
| SBC | £75.0M |
| Dividends Paid | £715.4M |
| Buybacks | — |
| Annual DPS | £1.59 |
|---|---|
| Yield (fwd) | 4.63% |
| Payout Ratio | 73.1% |
| Ex-div Date | 2026-05-07 |
| P/E vs 4Y | 14.2×vs 44.5× median |
|---|---|
| Div yield vs 10Y | 463.0%vs 2.4% median |