Altus Group Limited

Altus Group Limited

27.40
EUR
-0.20
(-0.72%)
935.65MMarket Cap
Nov 05Next 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
12.34
11.37
12.49
12.03
12.53
13.17
13.32
13.97
15
16.48
11.25
10.57
11.44
- -
Basic EPS, GAAP
0.77
0.44
0.28
0.39
2.88
-0.48
0.46
0.53
0.62
-0.02
0.23
0.29
8.46
- -
Free Cash Flow per Basic Share
1.59
1.29
1.02
1.64
1.19
0.96
1.18
1.69
1.1
1.18
1.3
1.58
1.77
- -
Dividend per Share
0.53
0.48
0.49
0.5
0.57
0.48
0.49
0.54
0.52
0.55
0.59
0.54
0.55
0.44
Book Value per Share
7.12
8.54
9.61
9.16
10.72
9.17
9.03
9.48
13.15
13.37
13.26
13.42
10.62
9.42
Tangible Book Value per Share
-2.36
-2.36
-0.65
0.32
0.76
-0.59
0.17
1.1
-3.67
-4.25
-3.92
-0.03
-2.71
-6.34
Basic Weighted Avg Shares
24
30
33
37
38
39
39
40
42
45
45
46
44
41
Sales/Revenue/Turnover
297
340
416
443
477
510
526
561
625
735
510
484
503
- -
Operating Margin (%)
12.64
12.09
5.14
8.01
7.72
2.22
7.56
9.77
7.45
7.08
-1.11
4.33
5.01
- -
Depreciation Expense
18
24
41
34
37
49
51
42
47
60
58
50
40
- -
Net Income, GAAP
19
13
9
14
109
-18
18
21
26
-1
10
13
372
- -
Effective Tax Rate (%)
18.9
29.59
8.4
32.31
20.63
- -
22.55
28.09
25.23
122.91
- -
- -
113.53
- -
Profit Margin (%)
6.26
3.87
2.22
3.22
22.96
-3.61
3.46
3.82
4.11
-0.12
2.01
2.77
73.96
- -
Working Capital
64
-62
71
82
73
84
-38
115
74
80
84
195
16
21
LT Debt
155
43
134
117
150
129
64
174
344
363
341
309
184
263
Total Equity
202
273
351
341
412
358
360
383
589
600
603
617
459
327
Return on Invested Capital (%)
9.93
6.39
4.24
3.69
4.47
- -
5.75
5.47
3.58
-0.2
- -
- -
-0.06
- -
Return on Capital (%)
9.07
6.11
3.97
3.72
22.09
- -
4.66
4.58
4.05
-0.44
- -
- -
46.63
- -
Return on Common Equity (%)
11.39
5.54
2.97
4.13
29.07
-4.79
5.07
5.77
5.28
-0.15
1.7
2.2
69.13
- -

Capital Structure

CAD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
11
189
9
LT Borrowings
155
- -
247
LT Finance Leases
29
19
17
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
43
40
35
Market Capitalization
2,421
1,811
1,517

Working Capital

CAD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
578
424
262
Cash, Cash Equivalents & STI
421
253
62
Accounts Receivable, Net
130
103
107
Inventories
- -
- -
- -
Total Current Liabilities
562
598
241
Payables & Accruals
462
280
109
ST Debt
11
189
9
Deferred Revenue
81
111
104

Growth Rates

CAD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.48%
6.54%
-25.65%
Free Cash Flow
13.04%
4.95%
7.39%
Net Income, GAAP
178.71%
272.74%
2,670.97%
Sales/Revenue/Turnover
2.8%
-0.56%
3.89%
Total Cash Common Dividend
4.46%
2.48%
-1.45%

Quarterly Revenue

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
125
130
128
136
484
2025
104
106
- -
109
503
2026
108
113
- -
- -
- -

Quarterly Earnings Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.05
0.01
0.23
0.29
2025
8.2
0.2
- -
-0.31
8.46
2026
-0.28
- -
- -
- -
- -

Quarterly Dividends Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.13
0.14
0.13
0.14
0.54
2025
0.14
0.13
- -
0.14
0.55
2026
0.15
0.15
- -
- -
- -

Company Description

CEO
Michael Jon Gordon
Full Time Employees
1,552
Sector
Finance
Industry
Finance/Rental/Leasing
Address
33 Yonge Street Toronto ON Canada M5E 1G4
IPO Date
May 19, 2005
Business
Altus Group Limited provides software, data analytics, and consulting services for the commercial real estate (CRE) industry globally, with operations spanning Canada, the United States, the United Kingdom, France, Europe, the Middle East, Africa, Australia, and the Asia Pacific. The company’s core offerings include its Analytics segment, which comprises ARGUS-branded software solutions such as ARGUS Enterprise, ARGUS Intelligence, ARGUS Developer, ARGUS ValueInsight, ARGUS Taliance, Fairways Debt, and Altus Data Studio, delivering commercial property valuation, cash flow forecasting, real estate development management, valuation management, real estate fund management, debt management, and data analytics capabilities. Its Appraisals and Development Advisory segment provides commercial property valuation appraisals, due diligence, litigation support, construction feasibility studies, budgeting, cost and loan monitoring, and project management services. Altus Group also offers strategic advisory and technology consulting for CRE workflows, benchmarking, and fund performance analysis. Founded in 2005 and headquartered in Toronto, Canada, Altus Group recently completed a major strategic transaction by selling its global property tax business to Ryan LLC in early 2025 for CAD 700 million, allowing it to focus on its core Analytics business. The sale included property tax services and software across Canada, the UK, and the US. Post-transaction, Altus Group has intensified its focus on advancing its data-powered ARGUS technology platform and announced a substantial issuer bid to repurchase up to CAD 350 million of its shares, alongside plans for portfolio optimization, capital return initiatives, and intentions to dual-list in the US market. The company continues to expand through technology innovation, as evidenced by awards for its ARGUS Intelligence Benchmark Manager, and pursues growth via strategic technology and data analytics offerings tailored to CRE investors, owners, and operators. Altus Group’s suite of products serves institutional investors, asset managers, real estate developers, and financial institutions across major CRE markets worldwide. Its software and advisory services enable clients to optimize asset management, valuation accuracy, portfolio performance, development feasibility, debt management, and risk mitigation. The company employs approximately 2,000 professionals globally and maintains a strong industry presence through continuous innovation and strategic reviews aimed at enhancing shareholder value.

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