UNITE Group plc

UNITE Group plc

454.00
GBX
-2.20
(-0.48%)
274.07BMarket Cap
Mar 02Next 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
0.6
0.56
0.97
0.55
0.51
0.49
0.55
0.57
0.67
0.65
0.66
0.65
0.68
- -
Basic EPS, GAAP
0.46
0.53
1.64
1.01
0.95
0.91
-0.32
-0.32
0.86
0.88
0.25
0.96
0.2
- -
Free Cash Flow per Basic Share
-0.22
-0.06
0.06
-0.34
-0.3
0.2
0.26
0.18
0.42
0.38
0.36
0.45
0.31
- -
Dividend per Share
0.04
0.06
0.15
0.15
0.18
0.24
0.24
- -
0.14
0.21
0.25
0.27
0.31
- -
Book Value per Share
3.7
4.18
5.75
6.54
7.18
7.87
8.45
8.12
8.84
9.46
9.34
9.85
9.66
9.66
Tangible Book Value per Share
3.67
4.14
5.68
6.45
7.09
7.78
8.39
8.08
8.8
9.43
9.31
9.83
9.64
9.64
Basic Weighted Avg Shares
170
193
214
221
233
259
283
381
399
400
416
459
489
489
Sales/Revenue/Turnover
102
109
209
121
119
128
156
216
267
259
276
299
333
- -
Operating Margin (%)
35.83
30.05
31.32
42.09
43
50.27
61.84
55.19
61.03
57.93
56.03
56.16
52.73
- -
Depreciation Expense
2
3
3
4
7
7
8
9
8
8
6
6
7
- -
Net Income, GAAP
78
103
352
224
222
236
-89
-121
342
351
103
442
98
- -
Effective Tax Rate (%)
- -
3.32
8.42
- -
2.44
3.46
- -
- -
- -
0.03
- -
0.5
0.1
- -
Profit Margin (%)
76.77
94.56
168.53
185.58
185.75
183.71
-57.11
-56.12
128.29
135.17
37.12
147.64
29.33
- -
Working Capital
41
43
-35
-4
-19
73
-66
284
222
-71
-295
265
-46
-46
LT Debt
484
477
444
474
512
591
1,667
1,787
1,254
1,353
861
1,341
1,325
1,325
Total Equity
672
862
1,298
1,476
1,754
2,099
3,098
3,260
3,554
3,814
4,093
4,812
4,734
4,734
Return on Invested Capital (%)
- -
2.48
3.83
- -
2.37
2.51
- -
- -
- -
3.02
- -
2.94
2.87
- -
Return on Capital (%)
- -
9.6
23.6
- -
11.21
10
- -
- -
- -
7.83
- -
8.31
1.97
- -
Return on Common Equity (%)
13.34
13.72
33.24
16.43
13.93
12.4
-3.47
-3.84
10.13
9.58
2.61
9.95
2.04
- -

Capital Structure

GBP

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
6
6
6
LT Borrowings
1,274
1,274
1,256
LT Finance Leases
67
70
69
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
489
489
490
Market Capitalization
3,940
4,146
2,741

Working Capital

GBP

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
533
326
196
Cash, Cash Equivalents & STI
273
83
35
Accounts Receivable, Net
38
137
11
Inventories
14
15
5
Total Current Liabilities
268
207
242
Payables & Accruals
- -
- -
- -
ST Debt
6
6
6
Deferred Revenue
- -
- -
- -

Growth Rates

GBP

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
14.47%
7.92%
-1.61%
Free Cash Flow
- -
- -
-26.39%
Net Income, GAAP
-33.14%
-39.63%
-77.91%
Sales/Revenue/Turnover
7.1%
9.4%
11.19%
Total Cash Common Dividend
- -
- -
23.75%

Semi-annual Revenue

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
276
2024
- -
- -
299
2025
- -
- -
333

Semi-annual Earnings Per Share

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.25
2024
- -
- -
0.96
2025
- -
- -
0.2

Semi-annual Dividends Per Share

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.25
2024
- -
- -
0.27
2025
- -
- -
0.31

Company Description

CEO
Joseph Julian Lister
Full Time Employees
1,997
Sector
Finance
Industry
Real estate development
Address
1st Floor, Welcome Building Bristol BI United Kingdom BS2 0PS
IPO Date
Jun 1, 1999
Business
Unite Group plc (UTG.L) is the United Kingdom's largest owner, manager and developer of purpose-built student accommodation (PBSA), operating approximately 65,000 beds across 172 properties in 22 university cities including London, Bristol and Manchester; it provides high-quality, safe and secure housing tailored to undergraduate and postgraduate students through its segmented customer offerings, nomination agreements with over 60 universities averaging seven years in duration, and its PRISM operating system that supports welfare services, peer support and frontline teams; the company also pursues portfolio enhancement via asset management, refurbishments for rental growth and environmental improvements, and a secured development pipeline of 6,000 beds valued at £967 million through 2026, with 78% focused on London and 100% aligned to Russell Group universities. Founded in 1991 and headquartered at South Quay, Temple Back, Bristol, BS1 6FL, Unite Group operates as a real estate investment trust (REIT) primarily in the UK higher education sector, serving students, parents and universities with a "Home for Success" mission that emphasizes affordability, wellbeing and community impact. Recent developments include a recommended cash-and-share acquisition of Empiric Student Property plc valued at approximately £723 million announced in 2025 to broaden its portfolio into the returner student segment and unlock £13.7 million in annual pre-tax cost synergies; new university partnerships such as a joint venture framework with Manchester Metropolitan University for 2,300 beds and another with Newcastle University; strong 2024 financial results with full occupancy, rental growth and revenue of £299.3 million; and a leadership transition in early 2024 with Joe Lister succeeding as CEO.

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