FirstGroup plc

FirstGroup plc

213.80
GBX
+2.20
(+1.04%)
90.18BMarket Cap
Nov 12Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
6.34
5.03
4.33
4.69
5.31
5.75
3.53
1.17
2.77
5.22
6.42
7.79
7.83
- -
Basic EPS, GAAP
0.05
0.06
0.08
0.09
-0.25
-0.06
-0.27
0.07
0.6
0.12
-0.02
0.21
0.21
- -
Free Cash Flow per Basic Share
0.01
-0.09
- -
0.1
0.18
0.11
0.52
0.65
-0.25
0.54
0.49
1
0.66
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.02
0.04
0.06
0.07
- -
Book Value per Share
1.01
1.21
1.34
1.7
1.22
1.28
0.99
0.96
1.18
1.05
1.01
1.22
1.31
1.31
Tangible Book Value per Share
-0.43
-0.33
-0.24
-0.04
-0.09
-0.1
-0.41
0.88
1.04
0.89
0.82
0.94
0.98
0.98
Basic Weighted Avg Shares
1,059
1,204
1,204
1,205
1,205
1,206
1,211
1,204
1,058
740
663
598
553
551
Sales/Revenue/Turnover
6,717
6,051
5,218
5,653
6,398
6,933
4,274
1,413
2,929
3,862
4,258
4,654
4,333
- -
Operating Margin (%)
3.46
4.06
4.72
4.76
1.51
-0.01
-0.82
2.03
3.55
4.2
4.56
4.79
4.83
- -
Depreciation Expense
398
408
378
413
461
396
910
978
752
731
593
623
565
- -
Net Income, GAAP
54
75
90
112
-296
-67
-327
78
636
87
-16
128
118
- -
Effective Tax Rate (%)
- -
19.19
15.07
23.92
- -
- -
- -
21.65
- -
10.71
- -
18.98
23.8
- -
Profit Margin (%)
0.81
1.24
1.73
1.99
-4.63
-0.96
-7.66
5.55
21.73
2.26
-0.37
2.74
2.73
- -
Working Capital
-78
-161
-239
-153
-300
11
-702
1,466
-508
-245
-621
-422
-388
-388
LT Debt
1,824
1,806
1,712
1,586
1,340
1,564
3,503
2,492
721
1,506
979
892
579
579
Total Equity
1,223
1,486
1,633
2,076
1,491
1,523
1,177
1,154
885
751
642
713
720
720
Return on Invested Capital (%)
- -
5.96
5.97
5.8
- -
- -
- -
2.55
- -
5.41
- -
8.28
8.57
- -
Return on Capital (%)
- -
5.43
5.7
5.69
- -
- -
- -
3.42
- -
5.55
- -
7.74
8.61
- -
Return on Common Equity (%)
5.42
5.63
5.89
6.13
-16.74
-4.41
-23.67
6.57
61.95
10.77
-2.32
19.17
16.82
- -

Capital Structure

GBP

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
465
491
426
LT Borrowings
87
151
130
LT Finance Leases
806
624
450
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
571
543
543
Market Capitalization
890
1,226
902

Working Capital

GBP

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
1,287
1,169
1,074
Cash, Cash Equivalents & STI
171
421
170
Accounts Receivable, Net
354
231
255
Inventories
31
34
29
Total Current Liabilities
1,709
1,668
1,462
Payables & Accruals
- -
- -
- -
ST Debt
465
491
426
Deferred Revenue
- -
- -
- -

Growth Rates

GBP

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-6.46%
-8.2%
0.98%
Free Cash Flow
268.43%
-71.35%
-39.34%
Net Income, GAAP
-55.34%
-80.39%
-7.22%
Sales/Revenue/Turnover
7.64%
30.36%
-6.89%
Total Cash Common Dividend
- -
- -
13.74%

Semi-annual Revenue

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
4,258
2025
- -
- -
4,654
2026
- -
- -
4,333

Semi-annual Earnings Per Share

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
-0.02
2025
- -
- -
0.21
2026
- -
- -
0.21

Semi-annual Dividends Per Share

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.04
2025
- -
- -
0.06
2026
- -
- -
0.07

Company Description

CEO
Graham Sutherland
Full Time Employees
30,513
Sector
Transportation
Industry
Other transportation
Address
The Point Paddington GL United Kingdom W2 1AF
IPO Date
Jun 16, 1995
Business
FirstGroup plc operates as a leading international transport operator, providing public bus and rail services primarily in the United Kingdom and North America; its core divisions encompass First Bus, which manages regional bus networks, tendered services for local authorities, and adjacent operations including school transport, private coach hire, airport transfers, and fleet maintenance through its Ensignbus subsidiary; and First Rail, which runs Department for Transport-contracted franchises such as Great Western Railway and Avanti West Coast alongside open-access operators Hull Trains and Lumo, utilizing approximately 1,800 locomotives and carriages. The company maintains a fleet of around 5,800 buses across major UK urban centers like Glasgow, Bristol, and Leeds, while serving transit management and school bus needs in North America; it targets local authorities, commercial networks, schools, tour operators, airlines, and construction sites with tailored services. Founded in 1995 through the merger of Badgerline and GRT Bus Groups and headquartered at 395 King Street in Aberdeen, Scotland, FirstGroup plc employs about 30,000 people and generates trailing twelve-month revenue of GBP 5.07 billion across its UK-focused segments. In recent developments, FirstGroup plc completed the GBP 90 million acquisition of RATP Dev Transit London in February 2025, rebranding it as First Bus London to enter the London bus market at scale and pursue further UK franchising opportunities; the company also acquired smaller coach operators including Tetleys Motor Services in July 2025, Matthews Coach Hire in February 2025, Lakeside Coaches and London Mini Coaches in October 2024, enhancing its regional portfolio. First Rail expanded open-access capacity by securing track rights for new services between London and South Wales, London and Stirling, and extensions adding approximately 118 million seat miles, while signing agreements with Angel Trains and Hitachi in December 2024 for 14 new five-car class 80X electric or bi-mode trains to support routes like London-Carmarthen and boost Lumo and Hull Trains; these moves double current seat capacity and align with sustainability goals, including a strategic investment in PETL's acquisition of Brill Power in September 2025 to advance zero-emission bus technology toward a 2035 target.

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