MERLIN Properties SOCIMI, S.A. (BME:MRL)
Spain · Delayed Price · Currency is EUR 14.75
-0.31 (-2.06%)
Aug 3, 2026, 5:35 PM CET
MERLIN Properties SOCIMI Income Statement
Financials in millions EUR. Fiscal year is January - December.
Millions EUR. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Property Revenue | 813.91 | 509.82 | 470.59 | 464.78 | 439.04 | 382.83 |
Service and Other Revenue | 34.68 | 23.07 | 16.36 | 4.75 | 2.65 | 4.28 |
| 848.59 | 532.89 | 486.95 | 469.53 | 441.69 | 387.11 | |
Revenue Growth | -0.79% | 9.43% | 3.71% | 6.30% | 14.10% | -13.74% |
Property Expenses | 116.11 | 57.94 | 58.59 | 73.33 | 73.82 | 68.59 |
Total Property Expenses | 116.11 | 57.94 | 58.59 | 73.33 | 73.82 | 68.59 |
Gross Profit | 732.48 | 474.95 | 428.36 | 396.21 | 367.87 | 318.51 |
Selling, General & Admin | 87.81 | 75.56 | 58.1 | 34.85 | 39.67 | 40.78 |
Depreciation & Amortization Expenses | 5.95 | 5.04 | 4.35 | 2.08 | 1.89 | 1.86 |
Other Operating Expenses | -729.45 | -493.77 | 6.4 | 328.54 | 249.11 | -196.67 |
Operating Income | 1,368 | 888.13 | 359.51 | 30.75 | 77.2 | 472.54 |
Net Gains on Disposal of Properties | 1.87 | 9.31 | 5.35 | -7.02 | 11.56 | -1.9 |
Interest Income | 31.32 | 28.04 | 14.07 | 50.03 | 27.98 | 39.98 |
Interest Expense | -190.82 | -105.6 | -92.6 | -127.79 | -109.2 | -116.46 |
Other Non-Operating Income (Expense) | 4.04 | -6.78 | -1.06 | -6.14 | 40.94 | 9.01 |
Total Non-Operating Income (Expense) | -153.6 | -75.03 | -74.23 | -90.92 | -28.72 | -69.37 |
Pretax Income | 915.13 | 813.25 | 295.95 | -74.99 | 48.16 | 403.17 |
Provision for Income Taxes | 62.97 | 27.12 | 12.2 | 8.51 | 6.8 | 7.81 |
Net Income | 273.26 | 786.13 | 283.76 | -83.5 | 41.36 | 395.36 |
Earnings From Discontinued Operations | - | - | - | - | 221.73 | 116.86 |
Net Income to Common | 852.15 | 786.13 | 283.76 | -83.5 | 263.09 | 512.22 |
Net Income Growth | 28.36% | 177.04% | - | - | -48.64% | 808.86% |
Shares Outstanding (Basic) | 578 | 563 | 510 | 468 | 468 | 466 |
Shares Outstanding (Diluted) | 578 | 563 | 510 | 468 | 468 | 466 |
Shares Change | 3.72% | 10.37% | 8.87% | 0.09% | 0.32% | -0.77% |
EPS (Basic) | 1.47 | 1.40 | 0.56 | -0.18 | 0.09 | 0.85 |
EPS (Diluted) | 1.47 | 1.40 | 0.56 | -0.18 | 0.09 | 0.85 |
EPS Growth | 23.53% | 150.00% | - | - | -89.41% | 608.33% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | -687.27 | -268.54 | 4.59 | -81.31 | -148.65 | -22.26 |
Free Cash Flow Growth | - | - | - | - | - | - |
Free Cash Flow Per Share | -1.19 | -0.48 | 0.01 | -0.17 | -0.32 | -0.05 |
Dividends Per Share | 0.220 | 0.420 | 0.400 | 0.208 | 0.442 | 0.173 |
Dividend Growth | -47.62% | 5.00% | 91.94% | -52.85% | 155.99% | -42.44% |
Gross Margin | 86.32% | 89.13% | 87.97% | 84.38% | 83.29% | 82.28% |
Operating Margin | 161.23% | 166.66% | 73.83% | 6.55% | 17.48% | 122.07% |
Profit Margin | 32.20% | 147.52% | 58.27% | -17.78% | 9.36% | 102.13% |
FCF Margin | -80.99% | -50.39% | 0.94% | -17.32% | -33.66% | -5.75% |
EBITDA | 1,374 | 893.16 | 363.86 | 32.83 | 79.09 | 474.4 |
EBITDA Margin | 161.93% | 167.61% | 74.72% | 6.99% | 17.91% | 122.55% |
EBIT | 1,368 | 888.13 | 359.51 | 30.75 | 77.2 | 472.54 |
EBIT Margin | 161.23% | 166.66% | 73.83% | 6.55% | 17.48% | 122.07% |
Effective Tax Rate | 6.88% | 3.34% | 4.12% | -11.34% | 14.12% | 1.94% |