Barratt Redrow plc

Barratt Redrow plc

BDEV.L
Barratt Redrow plcGB flagLondon Stock Exchange
461.50
GBp
+1.40
- -
6.66BMarket Cap
Barratt Redrow plc
BDEV.L
(London Stock Exchange)

Recent

price

461.50

P/E

ratio

- -

div

yld

- -

ROIC.AI

2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
FRC
4.34
2.49
2.12
2.41
2.68
3.22
3.81
4.24
4.63
4.82
4.71
3.37
4.73
5.17
5.34
4.3
Revenue per Share
-0.89
-0.15
-0.01
0.07
0.08
0.31
0.46
0.55
0.61
0.66
0.73
0.39
0.65
0.51
0.53
0.12
Basic EPS, GAAP
0.77
0.36
0.1
0.15
0.17
0.24
0.18
0.65
0.38
0.5
0.35
-0.13
1.06
0.38
0.44
0.09
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
0.06
0.12
0.26
0.32
0.43
0.45
0.37
0.08
0.33
0.36
0.28
Dividend per Share
2.05
2
1.7
1.75
1.82
2.08
2.42
2.68
2.97
3.21
3.48
3.44
4.03
4.19
4.25
4.21
Book Value per Share
2.74
2.46
2.12
2.16
2.24
2.51
2.86
3.12
3.42
3.67
3.92
3.88
4.47
4.49
4.57
4.54
Tangible Book Value per Share
526
816
961
964
974
979
987
999
1,004
1,011
1,010
1,014
1,016
1,019
996
969
Basic Weighted Avg Shares
2,285
2,035
2,035
2,323
2,606
3,157
3,760
4,235
4,650
4,875
4,763
3,419
4,812
5,268
5,321
4,168
Sales/Revenue/Turnover
-18.53
7.77
6.63
8.23
9.7
12.98
15.34
15.78
17.19
17.7
18.92
14.43
16.86
12.27
13.29
4.19
Operating Margin (%)
5
4
-4
2
2
2
3
4
4
5
4
20
21
24
29
33
Depreciation Expense
-469
-118
-14
67
75
305
449
550
616
672
740
400
660
515
530
114
Net Income, GAAP
- -
- -
- -
32.6
28.52
21.81
20.37
19.35
19.49
19.63
18.73
18.12
18.73
19.79
24.79
33.08
Effective Tax Rate (%)
-20.51
-5.82
-0.68
2.9
2.87
9.67
11.95
12.99
13.24
13.78
15.54
11.69
13.71
9.78
9.97
2.74
Profit Margin (%)
2,941
2,916
2,393
2,414
2,410
2,736
3,291
3,647
3,794
4,178
4,320
4,268
4,858
5,184
5,266
5,131
Working Capital
1,476
919
406
331
167
162
163
172
1
191
200
236
230
227
233
229
LT Debt
2,332
2,900
2,930
2,974
3,073
3,354
3,711
4,010
4,322
4,598
4,869
4,840
5,452
5,631
5,596
5,439
Total Equity
- -
- -
- -
3.87
5.36
9.18
12.25
13.15
14.73
14.81
14.3
7.65
12.09
8.93
9.04
2.02
Return on Invested Capital (%)
- -
- -
- -
6.55
6.33
16.63
20.88
22.22
22.06
21.79
20.9
10.93
16.61
12.09
12.33
3.38
Return on Capital (%)
-35.56
-8.73
-0.84
4.05
4.32
16.04
20.31
21.72
21.76
21.57
21.89
11.42
17.41
12.32
12.48
2.75
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.07%
2.38%
-2.81%
Free Cash Flow
-100.42%
-240.53%
-79.88%
Net Income, GAAP
2.24%
-15.68%
-78.48%
Sales/Revenue/Turnover
4.54%
0.27%
-21.67%
Total Cash Common Dividend
52.22%
45.32%
-24.83%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
5,268
2023
- -
- -
- -
- -
5,321
2024
- -
- -
- -
- -
4,168

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
0.51
2023
- -
- -
- -
- -
0.53
2024
- -
- -
- -
- -
0.12

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
0.33
2023
- -
- -
- -
- -
0.36
2024
- -
- -
- -
- -
0.28
Business
Barratt Redrow plc is a UK-based housebuilding and commercial property development company formed through the 2024 merger of Barratt Developments plc and Redrow plc. The company offers a broad portfolio of residential properties under four main consumer brands: Barratt Homes, Barratt London, David Wilson Homes, and Redrow, catering to various market segments including first-time buyers, families, and upscale buyers across England, Scotland, and Wales. In addition to residential construction, Barratt Redrow operates Wilson Bowden Developments, which develops commercial properties such as industrial, office, retail, and leisure spaces, supported by Oregon Timber Frame, a timber frame manufacturing subsidiary with factories in Selkirk and Derby. The company was founded in 1958 (Barratt) and 1974 (Redrow) and is headquartered in Coalville, Leicestershire. In 2024, Barratt Redrow completed a £2.5 billion all-stock acquisition of Redrow, creating one of the UK’s largest housebuilders with an annual target output of over 22,000 homes, a substantial increase from previous individual outputs. Post-merger, the company has undertaken substantial operational consolidations including closure of multiple divisional offices, centralization of support functions, and supply chain optimization, aiming for significant cost savings estimated at around £100 million annually by 2025. The integration strategy includes harmonizing procurement, expanding sales outlets leveraging a combined land bank, and launching multi-branded websites to boost sales volumes and market reach. CEO David Thomas has emphasized the focus on maintaining employee retention while driving efficiency and competitiveness through structural streamlining. Barratt Redrow serves the UK residential market with a strong development pipeline across numerous live sites and regional divisions, supported by commercial development initiatives through Wilson Bowden. Its strategy focuses on delivering high-quality, energy-efficient homes built to rigorous standards, applying sustainability principles throughout its operations. The company reports annual revenues above £5 billion and maintains a leading position in the FTSE 100 index, marking it as a major player in the British housebuilding and property development sector. Overall, Barratt Redrow combines the legacy and scale of its founding businesses with new efficiencies and an expanded product offering, positioning itself for sustained growth amid evolving market conditions and emphasizing innovation in construction and customer service.