MERLIN Properties SOCIMI revenue and financials
€12.59Change from previous close: +0.72%Absolute change: +€0.09
In the fiscal year ended December 2025, MERLIN Properties SOCIMI reported revenue of €538.96M (+8.98% year over year). Net income was €786.13M, a net margin of 145.9%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +8.98%
- 2025 vs 2024
- Net income growth
- +177.04%
- 2025 vs 2024
- Net margin
- 145.9%
- 2024: 57.4%
Financial data
Amounts in millions of EUR; per-share values in EUR; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total revenue | 539 | 495 | 465 | 439 | — |
| Cost of revenue | — | — | 43.8 | 49.1 | 46.3 |
| Gross profit | — | — | 421 | 390 | 336 |
| Selling, general and administrative | 13.2 | 13.6 | 12.0 | 12.6 | — |
| Operating income | 398 | 377 | 354 | 329 | — |
| EBIT | 423 | 385 | 392 | 351 | 312 |
| EBITDA | 428 | 390 | 394 | 352 | 314 |
| Interest expense | 136 | 130 | 110 | 103 | — |
| Pre-tax income | 813 | 296 | -75.0 | 48.2 | 403 |
| Income tax | 27.1 | 12.2 | 8.5 | 6.8 | 7.8 |
| Net income | 786 | 284 | -83.5 | 263 | 512 |
| Net income to common shareholders | 786 | 284 | -83.5 | 263 | 512 |
| Basic EPS | 1.40 | 0.56 | -0.18 | 0.56 | 1.10 |
| Diluted EPS | 1.40 | 0.56 | -0.18 | 0.56 | 1.10 |
| Average shares (basic) | 563 | 510 | 468 | 468 | 466 |
| Average shares (diluted) | 563 | 510 | 468 | 468 | 466 |
| Dividend per share | 0.42 | 0.40 | 0.21 | 0.44 | 0.17 |