Mitchells & Butlers Income Statement

Financials in millions GBP. Fiscal year is October - September.

Millions GBP. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr '26 Apr 11, 2026	Sep '25 Sep 27, 2025	Sep '24 Sep 28, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 24, 2022	Sep '21 Sep 25, 2021
Revenue	2,747	2,711	2,610	2,503	2,208	1,065
Revenue Growth (YoY)	2.96%	3.87%	4.28%	13.36%	107.32%	-27.80%
Cost of Revenue	2,278	2,246	2,168	2,145	1,836	1,091
Gross Profit	469	465	442	358	372	-26
Selling, General & Admin	-7	-7	2	3	2	3
Operating Expenses	132	128	132	136	135	142
Operating Income	337	337	310	222	237	-168
Interest Expense	-94	-100	-109	-116	-115	-122
Interest & Investment Income	8	9	10	8	1	2
Earnings From Equity Investments	-	-	-	1	1	1
EBT Excluding Unusual Items	251	246	211	115	124	-287
Impairment of Goodwill	-1	-1	-	-1	-	-
Gain (Loss) on Sale of Assets	5	1	2	3	1	1
Asset Writedown	-2	-2	-14	-130	-117	38
Legal Settlements	-3	-3	-	-	-	-
Other Unusual Items	-3	-3	-	-	-	206
Pretax Income	247	238	199	-13	8	-42
Income Tax Expense	63	61	50	-9	-5	23
Net Income	184	177	149	-4	13	-65
Net Income to Common	184	177	149	-4	13	-65
Net Income Growth	9.52%	18.79%	-	-	-	-
Shares Outstanding (Basic)	596	595	595	595	595	566
Shares Outstanding (Diluted)	602	601	600	595	596	567
Shares Change (YoY)	0.33%	0.17%	0.84%	-0.17%	5.12%	32.48%
EPS (Basic)	0.31	0.30	0.25	-0.01	0.02	-0.11
EPS (Diluted)	0.31	0.29	0.25	-0.01	0.02	-0.12
EPS Growth	9.31%	18.95%	-	-	-	-
Free Cash Flow	179	199	234	94	121	-4
Free Cash Flow Per Share	0.30	0.33	0.39	0.16	0.20	-0.01
Gross Margin	17.07%	17.15%	16.93%	14.30%	16.85%	-2.44%
Operating Margin	12.27%	12.43%	11.88%	8.87%	10.73%	-15.78%
Profit Margin	6.70%	6.53%	5.71%	-0.16%	0.59%	-6.10%
Free Cash Flow Margin	6.52%	7.34%	8.97%	3.75%	5.48%	-0.38%
EBITDA	439	434	402	315	330	-70
EBITDA Margin	15.98%	16.01%	15.40%	12.58%	14.95%	-6.57%
D&A For EBITDA	102	97	92	93	93	98
EBIT	337	337	310	222	237	-168
EBIT Margin	12.27%	12.43%	11.88%	8.87%	10.73%	-15.78%
Effective Tax Rate	25.51%	25.63%	25.13%	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.