Mears Group PLC

Mears Group PLC

4.78
EUR
+0.02
(+0.42%)
381.27MMarket Cap
Apr 01Next 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
8.78
8.18
8.53
9.05
8.6
7.28
7.86
7.18
7.8
8.52
10.03
12.05
13.48
- -
Basic EPS, GAAP
-0.01
0.25
0.12
0.21
0.07
0.23
-0.59
0.4
0.13
0.25
0.32
0.5
0.55
- -
Free Cash Flow per Basic Share
0.28
0.38
0.26
0.12
0.06
-0.09
0.69
0.88
0.43
0.9
1.01
1.04
0.78
- -
Dividend per Share
0.08
0.09
0.1
0.11
0.12
0.12
0.12
- -
0.02
0.09
0.11
0.14
0.16
- -
Book Value per Share
1.77
1.92
1.86
1.91
1.99
1.88
1.06
1.38
1.78
1.88
1.95
2.1
2.41
2.63
Tangible Book Value per Share
-0.12
-0.3
-0.31
-0.2
-0.01
-0.27
-0.3
0.19
0.66
0.74
0.68
0.64
0.88
1.03
Basic Weighted Avg Shares
99
103
103
104
105
106
112
112
113
113
109
94
84
80
Sales/Revenue/Turnover
866
839
881
940
900
772
881
806
878
960
1,089
1,133
1,135
- -
Operating Margin (%)
3.5
3.66
3.16
3.31
3.17
4.58
3.42
-0.78
2.68
4.21
4.74
6.32
6.61
- -
Depreciation Expense
17
18
17
18
19
12
47
59
59
54
60
71
81
- -
Net Income, GAAP
-1
25
13
22
8
24
-66
45
14
28
35
47
46
- -
Effective Tax Rate (%)
21.88
14.97
14.78
12.52
16.29
13.66
14.89
- -
19.54
18.43
21.86
26.82
27.64
- -
Profit Margin (%)
-0.11
3.01
1.46
2.29
0.84
3.12
-7.53
5.52
1.61
2.95
3.23
4.11
4.07
- -
Working Capital
19
28
18
28
13
21
36
3
-2
12
-13
-43
-58
-39
LT Debt
55
58
58
60
51
80
290
206
175
181
200
231
238
234
Total Equity
180
194
192
199
210
210
118
156
201
214
200
187
205
216
Return on Invested Capital (%)
7.04
9.24
8.36
9.54
8.73
8.75
6.06
- -
4.35
7.29
8.28
10.24
10.27
- -
Return on Capital (%)
0.96
10.96
5.44
7.61
3.3
9.3
-15.56
- -
5.14
8.04
9.13
11.51
11.53
- -
Return on Common Equity (%)
-0.54
13.39
6.61
10.98
3.71
11.45
-40.34
32.52
7.94
13.72
17.18
24.38
23.96
- -

Capital Structure

GBP

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
67
81
74
LT Borrowings
- -
- -
- -
LT Finance Leases
233
238
234
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
84
84
81
Market Capitalization
335
299
328

Working Capital

GBP

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
233
223
241
Cash, Cash Equivalents & STI
81
48
70
Accounts Receivable, Net
29
24
37
Inventories
1
1
1
Total Current Liabilities
301
281
280
Payables & Accruals
- -
- -
- -
ST Debt
67
81
74
Deferred Revenue
- -
- -
- -

Growth Rates

GBP

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.94%
6.34%
9.26%
Free Cash Flow
-119.45%
4.94%
-32.64%
Net Income, GAAP
-23.51%
17.61%
-0.65%
Sales/Revenue/Turnover
2.98%
7.2%
0.26%
Total Cash Common Dividend
- -
- -
7.37%

Semi-annual Revenue

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
1,133
2025
- -
- -
1,135
2026
- -
- -
- -

Semi-annual Earnings Per Share

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.5
2025
- -
- -
0.55
2026
- -
- -
- -

Semi-annual Dividends Per Share

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.14
2025
- -
- -
0.16
2026
- -
- -
- -

Company Description

CEO
Lucas Jordan Critchley
Full Time Employees
5,480
Sector
Consumer durables
Industry
Homebuilding
Address
5220 Valiant Court Gloucester SW United Kingdom GL3 4FE
IPO Date
Oct 4, 1996
Business
Mears Group plc is a leading UK-based provider of housing and care services to both the public and private sectors. The company offers a comprehensive range of services including rapid-response and planned maintenance; gas and repair services; capital and public works; regeneration solutions for public and social housing; retrofitting programs focused on energy efficiency; grounds maintenance; housing management services such as tenancy and lease management; emergency and temporary accommodation; affordable and social housing supply; housing with care services; and private rented sector housing. It also provides facilities management services including asset, project, and lifecycle management, electrical and water compliance, cleaning, and contract management across public buildings, defense estates, healthcare, education, and commercial office accommodation in the UK. Founded in 1988 and headquartered in Gloucester, Mears Group employs over 6,500 people and operates nationwide. Recent major developments include securing a £30 million contract with Aberdeenshire Council for capital works and retrofit services over an initial four-year term with an option to extend, reflecting the company’s strategic expansion into more technical and less price-competitive housing capital projects. The group has also focused on developing its Compliance and Asset Management service offerings across six regulatory areas including gas, asbestos, fire, electrical, water hygiene, and lifts, driven by increasing regulation and market opportunities. Mears reported 8% growth in its maintenance-led activities and maintained a 100% contract retention rate over the past year, underscoring strong client relationships and contract performance. Additionally, the company has invested significantly in expanding headcount to enhance service capabilities in compliance, asset management, contract bidding, and IT development to support emerging market demands. These operational and strategic initiatives have contributed to maintaining a strong order book valued at around £3 billion and improving operating margins to 5.6% as of 2024/25.