Bellway p.l.c.

Bellway p.l.c.

25.60
EUR
+0.20
(+0.79%)
3.70BMarket Cap
Mar 30Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
9.14
12.18
14.43
18.28
20.88
24.09
26.12
18.06
25.32
28.7
27.79
20.03
- -
- -
Basic EPS, GAAP
0.89
1.57
2.31
3.29
3.71
4.23
4.38
1.57
3.17
1.97
2.98
1.1
- -
- -
Free Cash Flow per Basic Share
0.47
0.63
0.2
1.3
1.23
2.04
2.33
-0.54
3.48
0.36
1.9
-0.56
- -
- -
Dividend per Share
0.23
0.37
0.61
0.86
1.11
1.32
1.45
1
0.85
1.28
1.4
1.11
- -
- -
Book Value per Share
10.01
11.18
12.86
15.22
17.85
20.79
23.72
24.27
26.64
27.35
28.79
29.21
- -
29.69
Tangible Book Value per Share
10.01
11.18
12.86
15.22
17.85
20.79
23.72
24.27
26.64
27.35
28.79
29.21
- -
29.69
Basic Weighted Avg Shares
122
122
122
123
123
123
123
123
123
123
123
119
119
119
Sales/Revenue/Turnover
1,111
1,485
1,765
2,241
2,559
2,958
3,213
2,225
3,123
3,537
3,407
2,380
- -
- -
Operating Margin (%)
13.6
17.22
20.81
21.96
22.34
22.07
21
11.22
15.36
8.74
14.83
8.94
- -
- -
Depreciation Expense
2
3
3
3
3
2
6
6
7
6
6
5
- -
- -
Net Income, GAAP
109
191
283
403
454
520
539
193
391
243
365
131
- -
- -
Effective Tax Rate (%)
22.96
22.19
20.06
19.07
19.02
18.9
18.71
18.5
18.43
20.25
24.43
28.96
- -
- -
Profit Margin (%)
9.78
12.89
16.04
17.98
17.75
17.58
16.76
8.67
12.51
6.86
10.71
5.48
- -
- -
Working Capital
1,216
1,360
1,588
1,930
2,262
2,583
2,937
3,029
3,503
3,943
4,029
3,978
- -
4,009
LT Debt
39
- -
48
- -
112
- -
12
14
144
144
142
141
- -
130
Total Equity
1,219
1,366
1,576
1,867
2,191
2,557
2,921
2,994
3,288
3,368
3,462
3,465
- -
3,522
Return on Invested Capital (%)
8.98
14.42
18.5
21.53
21.27
21.08
19.48
6.68
12.02
7.07
10.7
4.18
- -
- -
Return on Capital (%)
9.04
14.7
18.98
22.92
21.93
21.74
20.05
6.8
12.32
7.34
10.9
4.33
- -
- -
Return on Common Equity (%)
9.23
14.81
19.25
23.4
22.38
21.9
19.66
6.52
12.44
7.29
10.69
3.77
- -
- -

Capital Structure

GBP

•

in mil. unless spec.
Jan'24
Jul'24
Jan'25
ST Debt
- -
3
- -
LT Borrowings
130
130
130
LT Finance Leases
- -
11
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
119
119
119
Market Capitalization
3,198
3,378
3,095

Working Capital

GBP

•

in mil. unless spec.
Jan'24
Jul'24
Jan'25
Total Current Assets
4,816
4,911
4,974
Cash, Cash Equivalents & STI
207
120
122
Accounts Receivable, Net
67
27
88
Inventories
4,542
4,715
4,764
Total Current Liabilities
833
934
966
Payables & Accruals
- -
- -
- -
ST Debt
- -
3
- -
Deferred Revenue
- -
- -
- -

Growth Rates

GBP

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
- -
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
2,380
2025
- -
- -
- -
2026
- -
- -
- -

Semi-annual Earnings Per Share

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
1.1
2025
- -
- -
- -
2026
- -
- -
- -

Semi-annual Dividends Per Share

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
1.11
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Jason M. Honeyman
Full Time Employees
2,719
Sector
Consumer durables
Industry
Homebuilding
Address
Woolsington House Newcastle-upon-Tyne TY United Kingdom NE13 8BF
IPO Date
Jan 6, 1986
Business
Bellway p.l.c. (BWY.L) is a United Kingdom-based home construction company that builds and sells a range of residential properties including one-bedroom apartments, detached and semi-detached houses, luxury penthouses, executive homes and six-bedroom family homes; it also provides social housing to housing associations. The company operates through approximately 20 divisions covering main population centres across England, Scotland and Wales from its headquarters in Woolsington House, Newcastle upon Tyne; founded in 1946 as a family business by John Thomas Bell and sons, it has evolved into a FTSE 250 constituent focused on brownfield regeneration sites, sustainable construction practices, innovative designs and affordable housing solutions with emphasis on high-quality builds recognised by nine consecutive five-star Home Builders Federation awards. Bellway emphasises its Artisan Collection of standardised house types comprising 80% of non-apartment output, increasing use of timber frame construction targeting 30% of output by 2030 via its proprietary Bellway Home Space facility set to commence production in early 2026, and maintains a robust land bank of 95,704 plots including 47,800 strategic plots for long-term growth. In its fiscal year ended 31 July 2025, Bellway reported housing completions of 8,749 homes up 14.3% from prior year with revenue of £2,783 million up 16.9%, underlying operating profit of £304 million up 27.5% at 10.9% margin, net cash of £42 million, and proposed total dividend of 70.0 pence per share up 29.6%; it launched a £150 million share buyback programme over 12 months commencing October 2025 via non-discretionary arrangements including with Citigroup, committed £13.5 million plus costs to affordable housing under CMA investigation settlement without admitting wrongdoing, contracted 8,120 land plots for £567 million across 51 sites, appointed Shane Doherty as CFO in December 2024 and Gill Barr as independent non-executive director in September 2025, and targets volume output of around 9,200 homes in FY26 rising to 10,000 by FY28 with mid-teens underlying operating margins longer-term.