Gecina SA

Gecina SA

63.00
EUR
+0.55
(+0.88%)
5.45BMarket Cap
Feb 10Next 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
11.08
8.05
7.94
7.78
8.85
12.36
12.86
10.98
10.25
10.37
11.32
11.4
11.6
- -
Basic EPS, GAAP
5.03
4.48
25.25
12.61
28.38
13.63
20.58
2.11
11.53
2.3
-24.2
4.19
6.06
- -
Free Cash Flow per Basic Share
6.77
7.6
6.76
6.29
4.92
7.89
8.42
3.08
1.64
1.56
1.88
1.89
-6.63
- -
Dividend per Share
4.28
4.47
4.56
4.87
4.82
3.8
5.51
5.29
5.3
5.3
5.3
5.31
5.45
- -
Book Value per Share
99.95
99.81
120.56
128.11
150.09
158.13
166.2
169.48
175.76
172.86
143.24
142.07
142.59
137.13
Tangible Book Value per Share
99.9
99.76
120.47
128.01
147.18
155.24
163.54
166.76
173.12
170.19
140.83
139.67
140.19
134.71
Basic Weighted Avg Shares
62
63
64
64
67
74
74
74
74
74
74
74
74
74
Sales/Revenue/Turnover
692
505
506
502
591
911
947
808
755
765
836
843
859
- -
Operating Margin (%)
68.57
77.11
77.41
78.12
75.85
62.78
58.83
60.65
61.68
63.04
62.42
65.25
75.28
- -
Depreciation Expense
12
5
10
19
-3
19
17
85
12
5
11
12
10
- -
Net Income, GAAP
314
281
1,609
813
1,896
1,005
1,515
155
849
170
-1,787
310
448
- -
Effective Tax Rate (%)
2.58
0.94
0.11
0.45
0.36
0.56
0.27
- -
0.22
1.98
- -
0.66
0.33
- -
Profit Margin (%)
45.35
55.68
318.03
162.14
320.6
110.28
160.05
19.2
112.44
22.16
-213.86
36.73
52.2
- -
Working Capital
-1,068
-307
175
-26
-986
-1,493
-1,030
-1,225
-1,732
-1,895
-524
-511
-1,864
-1,829
LT Debt
3,090
3,501
3,406
3,159
6,927
5,383
5,449
5,662
5,220
5,348
5,834
5,365
4,791
5,190
Total Equity
6,246
6,280
7,751
8,290
11,014
11,751
12,727
12,504
12,983
12,781
10,599
10,522
10,578
10,173
Return on Invested Capital (%)
4.34
4.14
13.64
7.83
12.68
5.74
8.42
- -
4.77
1.01
- -
2.47
3.21
- -
Return on Capital (%)
3.62
4.13
15.15
7.38
12.48
5.68
8.22
- -
4.72
1.27
- -
2.32
3.11
- -
Return on Common Equity (%)
5.05
4.5
22.98
10.16
19.68
8.85
12.41
1.23
6.68
1.32
-15.31
2.94
4.25
- -

Capital Structure

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
2,090
- -
1,802
LT Borrowings
4,742
- -
5,141
LT Finance Leases
49
- -
49
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
74
74
74
Market Capitalization
5,974
5,054
5,451

Working Capital

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
652
- -
671
Cash, Cash Equivalents & STI
78
- -
255
Accounts Receivable, Net
49
- -
56
Inventories
451
- -
232
Total Current Liabilities
2,516
- -
2,500
Payables & Accruals
- -
- -
- -
ST Debt
2,090
- -
1,802
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.81%
-3%
0.53%
Free Cash Flow
-48.52%
-96.13%
-450.53%
Net Income, GAAP
-86.13%
-171.77%
44.69%
Sales/Revenue/Turnover
6.71%
1.35%
1.82%
Total Cash Common Dividend
4.21%
0.71%
2.8%

Quarterly Revenue

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
843
2025
- -
- -
- -
- -
859
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
4.19
2025
- -
- -
- -
- -
6.06
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
5.31
2025
- -
- -
- -
- -
5.45
2026
- -
- -
- -
- -
- -

Company Description

CEO
Beñat Ortega
Full Time Employees
442
Sector
Finance
Industry
Real estate investment trusts
Address
16 rue des capucines Paris IF France 75084
IPO Date
Jan 1, 1963
Website
gecina.fr
Business
Gecina SA (GFC.PA) owns, manages and develops a large portfolio of prime office and residential real estate assets, primarily located in Paris and its western suburbs. The company's core offerings include approximately 1.2 million square meters of high-quality office space in central business districts such as La Défense, Boulogne-Billancourt and Paris intra-muros; over 9,000 residential units targeting middle-class households in high-potential urban sectors; and student residences under the YouFirst Campus brand, which emphasize user experience through services like dynamic property management and sustainable innovations. Gecina integrates full-cycle real estate expertise, encompassing land acquisition, construction, asset repositioning and high-value services via its YouFirst relational brand, which shifts focus toward end-user needs in vibrant communities. Founded in 1959 as Groupement pour le Financement de la Construction and headquartered at 16 rue des Capucines in Paris, France, Gecina operates as a SIIC (French real estate investment trust) listed on Euronext Paris, with nearly all assets concentrated in the Paris Region and employing around 500 staff. The firm targets corporate tenants, residents and students in France's premier metropolitan markets, maintaining a strategic allocation of roughly 80% office and 20% residential assets while pursuing sustainability goals like carbon neutrality by 2030. In recent developments, Gecina completed the €540 million divestiture of its YouFirst Campus student housing portfolio to a joint venture between Global Student Accommodation and Nuveen Real Estate in June 2025, enabling redeployment into core office activities. The company signed a preliminary agreement in May 2025 to acquire a 32,200 sq.m flagship office complex in Paris' Central Business District, aligning with its capital allocation strategy following €2 billion in disposals of mature assets during 2023-2024 at an average yield of 2.9%. Gecina reported robust 2024 results with recurring net income up 6.8% to €474.4 million and a like-for-like gross rental income growth of 6.3%, alongside ongoing portfolio optimization and digital investments exceeding €30 million in smart building technologies.

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