Pantheon Infrastructure Ratios and Metrics

Market cap in millions GBP. Fiscal year is January - December.

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Apr '26 Apr 15, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Market Capitalization	543	508	418	397	449
Market Cap Growth	19.88%	21.64%	5.29%	-11.64%	-
Enterprise Value	538	488	407	306	198
Last Close Price	1.16	1.06	0.84	0.75	0.81
PE Ratio	6.97	6.53	5.80	8.01	74.62
Forward PE	6.95	6.85	6.52	7.84	6.39
PB Ratio	0.89	0.83	0.76	0.79	0.95
P/TBV Ratio	0.89	0.83	0.76	0.79	0.95
Net Debt / Equity Ratio	-0.01	-0.01	-0.04	-0.06	-0.38
Quick Ratio	1.02	1.02	3.29	13.02	38.86
Current Ratio	1.63	1.63	3.92	15.00	38.96
Return on Equity (ROE)	13.36%	13.36%	13.64%	10.13%	-
Return on Assets (ROA)	-0.79%	-0.79%	-0.81%	-0.86%	-
Return on Invested Capital (ROIC)	-1.23%	-1.32%	-1.35%	-1.71%	-1.31%
Return on Capital Employed (ROCE)	-1.20%	-1.20%	-1.30%	-1.30%	-0.80%
Earnings Yield	14.34%	15.30%	17.25%	12.49%	1.34%
Dividend Yield	3.75%	4.09%	5.01%	5.33%	1.86%
Payout Ratio	25.73%	25.73%	26.68%	28.84%	59.79%
Buyback Yield / Dilution	0.18%	0.18%	1.66%	-11.47%	-
Total Shareholder Return	4.08%	4.27%	6.67%	-6.15%	1.86%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.