LEG Immobilien SE

LEG Immobilien SE

48.24
EUR
+0.02
(+0.04%)
15.99EPS
3.23P/E
4.20BMarket Cap
Nov 12Next 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
9.91
10.55
10.9
11.94
12.42
11.97
12.31
12.05
13.13
15.5
16.59
17.39
18.19
18.21
Basic EPS, GAAP
2.52
2.83
3.68
9.05
13.13
13.15
12.43
19.06
23.54
3.15
-20.98
0.88
19.26
17.04
Free Cash Flow per Basic Share
1.88
2.63
2.76
3.12
4.12
4.39
4.69
4.35
4.68
4.19
5.78
5.57
5.86
5.91
Dividend per Share
0.4
1.68
1.89
2.22
2.72
3
3.39
2.41
2.54
2.47
- -
2.04
1.65
- -
Book Value per Share
41.87
42.79
46.62
53.28
63.78
74.24
84.44
100.73
120.85
121.14
99.8
98.1
114.01
115.66
Tangible Book Value per Share
41.79
41.68
45.63
52.08
62.45
72.91
82.43
99.33
116.83
121.06
99.74
98.02
113.94
115.61
Basic Weighted Avg Shares
54
55
59
64
64
64
66
71
73
74
75
75
76
76
Sales/Revenue/Turnover
532
577
645
763
796
767
809
861
960
1,149
1,241
1,303
1,377
1,382
Operating Margin (%)
34.88
40.33
40.4
44.94
45.64
48.96
45.45
42.41
40.58
21.39
45.02
42.38
49.57
40.33
Depreciation Expense
9
9
9
11
9
10
16
84
18
314
17
22
23
24
Net Income, GAAP
135
155
218
578
841
843
817
1,361
1,722
234
-1,569
66
1,458
1,294
Effective Tax Rate (%)
13.68
29.11
27.36
25.71
24.59
22.74
21.9
2.19
19.36
53.27
- -
43.89
- -
- -
Profit Margin (%)
25.41
26.8
33.79
75.74
105.72
109.92
100.96
158.13
179.26
20.36
-126.42
5.06
105.87
93.61
Working Capital
-145
-437
-494
-635
-540
-605
91
-429
-1,027
- -
-1,066
-1,075
-1,637
-1,555
LT Debt
2,397
2,546
2,746
3,222
3,822
4,113
4,857
5,378
7,367
9,209
8,004
7,797
7,813
- -
Total Equity
2,276
2,490
2,985
3,437
4,112
4,784
5,934
7,390
8,953
9,084
7,488
7,397
8,759
8,884
Return on Invested Capital (%)
5.2
5.23
6.85
10.34
13.48
10.22
9.91
12.37
11.68
1.61
- -
1.07
- -
- -
Return on Capital (%)
5.23
4.75
5.88
10.54
12.19
10.38
8.95
12.02
11.67
1.63
- -
1.02
- -
- -
Return on Common Equity (%)
6.27
6.54
8
18.12
22.43
19.06
15.32
20.51
21.13
2.6
-18.99
0.89
18.15
15.67

Capital Structure

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
2,343
- -
- -
LT Borrowings
7,679
- -
- -
LT Finance Leases
134
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
76
76
76
Market Capitalization
4,731
4,308
4,202

Working Capital

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,018
821
770
Cash, Cash Equivalents & STI
754
458
464
Accounts Receivable, Net
168
166
135
Inventories
5
29
21
Total Current Liabilities
2,655
2,278
2,325
Payables & Accruals
- -
- -
- -
ST Debt
2,343
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.19%
4.45%
18.42%
Free Cash Flow
11.45%
8.57%
6.15%
Net Income, GAAP
144.95%
234.97%
2,109.39%
Sales/Revenue/Turnover
8.08%
9.98%
5.68%
Total Cash Common Dividend
- -
- -
-18.6%

Quarterly Revenue

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
325
315
323
340
1,303
2025
341
341
344
352
1,377
2026
346
340
- -
- -
- -

Quarterly Earnings Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.76
-1.92
1.27
0.77
0.88
2025
3.23
2.71
8.94
4.37
19.26
2026
1.03
2.7
- -
- -
- -

Quarterly Dividends Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
2.04
2025
- -
- -
- -
- -
1.65
2026
- -
- -
- -
- -
- -

Company Description

CEO
Lars von Lackum
Full Time Employees
1,789
Sector
Finance
Industry
Real estate development
Address
Flughafenstrasse 99 Dusseldorf NW Germany 40474
IPO Date
Jan 21, 2013
Business
LEG Immobilien SE LEG Immobilien SE is a Germany-based integrated property company focused on the acquisition, management, modernization, and development of residential real estate properties. The company owns and operates approximately 166,000 rental units, including residential apartments, commercial assets, industrial properties, garages, and parking spaces, primarily concentrated in North Rhine-Westphalia with additional presence in other German states; it provides ancillary services such as property management, location development, IT services for third parties, housing industry services, and generation of electricity and heat. Founded in 1970 through the merger of several regional housing entities and headquartered in Düsseldorf, LEG Immobilien SE was privatized in 2008, went public in 2013, and maintains a strong emphasis on affordable housing, social housing commitments comprising about one-fifth of its portfolio, and sustainability initiatives including climate protection through green startups like termios for smart heating controls, dekarbo for air-to-air heat pumps, and RENOWATE for digital refurbishments. In recent developments, LEG Immobilien SE reports strong nine-month results for 2025 with AFFO growth on track for 10% and further earnings expansion projected into 2026, alongside a sales program encompassing 5,000 units including former BCP apartments with ownership transfers mainly in 2025, and 38% of shareholders opting for scrip dividends in June 2025.

Company News

  • LEG Immobilien SE (LEGIF) Q1 2026 Earnings Call Transcript