Heriot REIT Limited (JSE:HET)
South Africa · Delayed Price · Currency is ZAR · Price in ZAc 2,600.00
0.00 (0.00%)
At close: Jul 30, 2026
Heriot REIT Income Statement
Financials in millions ZAR. Fiscal year is July - June.
Millions ZAR. Fiscal year is Jul - Jun.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Jun '25 Jun 30, 2025 | Jun '24 Jun 30, 2024 | Jun '23 Jun 30, 2023 | Jun '22 Jun 30, 2022 | Jun '21 Jun 30, 2021 |
Rental Revenue | 1,269 | 1,225 | 1,000 | 484.87 | 450.24 | 398.72 |
Tenant Reimbursements | 476.88 | 471.6 | 365.62 | 141.09 | 125.74 | 105.42 |
Other Revenue | - | 10.03 | 19.67 | - | - | - |
| 1,733 | 1,707 | 1,385 | 625.96 | 575.98 | 504.13 | |
Revenue Growth (YoY | 1.51% | 23.21% | 121.33% | 8.68% | 14.25% | -0.78% |
Property Expenses | 690.58 | 689.74 | 524.41 | 202.03 | 192.62 | 154.62 |
Selling, General & Administrative | 106.15 | 95.5 | 82.29 | 46.71 | 48.1 | 40.62 |
Other Operating Expenses | -44.94 | -17.12 | -20.74 | -12.47 | -9.63 | -8.6 |
Total Operating Expenses | 751.78 | 768.12 | 585.96 | 236.28 | 231.09 | 186.64 |
Operating Income | 981.01 | 938.82 | 799.46 | 389.68 | 344.89 | 317.49 |
Interest Expense | -458.88 | -484.96 | -432.15 | -201.87 | -125.36 | -112.51 |
Interest & Investment Income | 43.03 | 41.08 | 15.55 | 10.31 | 11.83 | 10.69 |
Income (Loss) on Equity Investments | - | - | 0.79 | 78.12 | 114.89 | -2.27 |
Other Non-Operating Income | -5 | -5.16 | -2.48 | -0.39 | -5.85 | -0.98 |
EBT Excluding Unusual Items | 560.16 | 489.77 | 381.17 | 275.85 | 340.41 | 212.43 |
Gain (Loss) on Sale of Investments | 41.09 | 27.7 | - | -47.71 | -70.21 | 20.32 |
Gain (Loss) on Sale of Assets | 16.1 | 11.89 | -0.24 | - | - | - |
Total Insurance Settlements | - | - | - | - | 5 | - |
Asset Writedown | 914.65 | 1,093 | 508.79 | 289.31 | 338.87 | 91.5 |
Other Unusual Items | - | - | - | 464.29 | - | - |
Pretax Income | 1,532 | 1,623 | 889.73 | 981.74 | 614.08 | 324.25 |
Income Tax Expense | 2.69 | 5.44 | 20.64 | 4.33 | -0.15 | 1.85 |
Earnings From Continuing Operations | 1,529 | 1,617 | 869.09 | 977.41 | 614.23 | 322.4 |
Minority Interest in Earnings | -222.12 | -237.95 | -204.36 | -13.39 | -4.65 | -9.37 |
Net Income | 1,307 | 1,379 | 664.73 | 964.02 | 609.58 | 313.03 |
Net Income to Common | 1,307 | 1,379 | 664.73 | 964.02 | 609.58 | 313.03 |
Net Income Growth | -5.22% | 107.47% | -31.05% | 58.15% | 94.74% | 278.46% |
Basic Shares Outstanding | 319 | 319 | 256 | 255 | 255 | 255 |
Diluted Shares Outstanding | 319 | 319 | 256 | 255 | 255 | 255 |
Shares Change | - | 24.84% | 0.14% | - | - | - |
EPS (Basic) | 4.09 | 4.32 | 2.60 | 3.77 | 2.39 | 1.23 |
EPS (Diluted) | 4.09 | 4.32 | 2.60 | 3.77 | 2.39 | 1.23 |
EPS Growth | -5.22% | 66.19% | -31.14% | 58.15% | 94.74% | 278.46% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Jun '25 Jun 30, 2025 | Jun '24 Jun 30, 2024 | Jun '23 Jun 30, 2023 | Jun '22 Jun 30, 2022 | Jun '21 Jun 30, 2021 |
Dividend Per Share | 1.312 | 1.219 | 1.067 | 1.063 | 1.020 | 0.907 |
Dividend Growth | 7.61% | 14.27% | 0.34% | 4.19% | 12.49% | 7.74% |
Operating Margin | 56.62% | 55.00% | 57.70% | 62.25% | 59.88% | 62.98% |
Profit Margin | 75.44% | 80.79% | 47.98% | 154.01% | 105.83% | 62.09% |
EBITDA | 1,008 | 966.1 | 817.43 | 396.35 | 347.24 | 319.55 |
EBITDA Margin | 58.17% | 56.60% | 59.00% | 63.32% | 60.29% | 63.39% |
D&A For Ebitda | 26.89 | 27.28 | 17.97 | 6.67 | 2.34 | 2.06 |
EBIT | 981.01 | 938.82 | 799.46 | 389.68 | 344.89 | 317.49 |
EBIT Margin | 56.62% | 55.00% | 57.70% | 62.25% | 59.88% | 62.98% |
Funds From Operations (FFO) | 418.81 | 389.21 | 308.75 | 271.55 | - | - |
Adjusted Funds From Operations (AFFO) | - | 389.21 | 308.75 | 271.55 | - | - |
FFO Payout Ratio | 92.90% | 93.22% | 86.16% | 97.50% | - | - |
Effective Tax Rate | 0.18% | 0.34% | 2.32% | 0.44% | - | 0.57% |
Revenue as Reported | 1,733 | 1,707 | 1,385 | 625.96 | 575.98 | 504.13 |