SEGRO Plc (OTC:SEGXF) is a leading warehouse and industrial property group listed on the FTSE 100. The company focuses on leasing and managing properties, benefiting from trends like e-commerce and data center growth. SEGRO competes with other real estate investment trusts (REITs) in the industrial sector, striving to maintain its strong market position.
On February 20, 2026, SEGXF reported earnings per share of $0.30, surpassing the estimated $0.24. This positive performance aligns with SEGRO's record year in leasing activity for 2025, where the company achieved a 6% growth in earnings. The strong demand in the second half of the year, driven by e-commerce and data center expansion, contributed to this success.
SEGRO's revenue of approximately $504.5 million exceeded the estimated $463.3 million. This growth is supported by the company's adjusted pre-tax profit, which increased by 8.3% to £509 million. The group's like-for-like net rental income grew by 6.0%, with UK rent reviews and lease renewals delivering an average uplift of 46%.
SEGRO's financial health is further highlighted by its adjusted net asset value per share, which rose by 2.0% to 925 pence. The company's price-to-earnings (P/E) ratio of approximately 18.94 indicates investor confidence, while the price-to-sales ratio of about 14.38 reflects its market value relative to sales. The enterprise value to sales ratio is around 21.04, suggesting a strong valuation compared to sales.
The company's debt-to-equity ratio of approximately 0.40 shows a balanced approach to financing its assets. However, the current ratio of around 0.56 indicates a need for improvement in covering short-term liabilities with short-term assets. Despite this, SEGRO's earnings yield of about 5.28% represents a solid return on investment for shareholders.
