MERLIN Properties SOCIMI revenue and financials

MRL · BME · EUR

€12.42Change from previous close: −1.04%Absolute change: −€0.13

Close · October 7, 2026

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%.

Annual revenue · 2025: €538.96M
  1. €439.04M2022
  2. €464.78M2023
  3. €494.57M2024
  4. €538.96M2025

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.

Balance sheet · Quarterly
ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Total assets15,58615,08214,26913,95613,37413,60413,45913,45212,452—12,06512,048
Current assets1,7431,935—1,5449991,745——————
Cash and equivalents1,5641,7461,2151,3758411,5901,5531,675725—461357
Short-term investments7.26.9—5.67.97.3——————
Inventory56.2———55.9———————
Net property, plant and equipment12,88312,17812,00811,51711,45810,96310,88810,78210,754—10,64710,726
Other intangible assets4.54.44.54.44.41.21.01.21.3—1.61.7
Long-term investments533541—579600598——————
Current liabilities1,0941,122—280283813——————
Accounts payable191201—138127141——————
Long-term debt4,1434,398—5,0814,3374,583——————
Total debt4,9985,298—5,1904,4385,234——————
Total liabilities6,2996,158—5,9855,4856,012——————
Total equity (incl. minority)9,2878,9238,0747,9717,8897,5927,5017,5436,5816,5396,5396,756
Retained earnings692-35.6780583619-17.0276225227—-83.212.5