MERLIN Properties SOCIMI, S.A. (VIE:MERL)
14.73
+0.33 (2.29%)
At close: Mar 5, 2026
MERLIN Properties SOCIMI Income Statement
Financials in millions EUR. Fiscal year is January - December.
Millions EUR. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | 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 |
Rental Revenue | 538.96 | 494.57 | 464.78 | 439.04 | 382.83 |
Other Revenue | 28.04 | 14.07 | 39.92 | 24.03 | 34.56 |
Total Revenue | 567 | 508.65 | 504.7 | 463.07 | 417.39 |
Revenue Growth (YoY | 11.47% | 0.78% | 8.99% | 10.94% | -5.71% |
Selling, General & Administrative | 14.48 | 3.65 | 3.56 | 4.72 | 0.7 |
Depreciation & Amortization | 5.04 | 4.35 | 2.08 | 1.89 | 1.86 |
Other Operating Expenses | 124.96 | 115.33 | 106.69 | 105.95 | 102.39 |
Total Operating Expenses | 144.47 | 123.34 | 112.32 | 112.56 | 104.95 |
Operating Income | 422.53 | 385.31 | 392.38 | 350.52 | 312.44 |
Interest Expense | -135.94 | -130.21 | -109.52 | -103.38 | -113.01 |
Interest & Investment Income | 32.69 | 39.26 | 8.38 | 3.94 | 5.42 |
Currency Exchange Gain (Loss) | -0.05 | -0 | 0.09 | - | - |
Other Non-Operating Income | -8.99 | -2.65 | -22.74 | 35.12 | 5.56 |
EBT Excluding Unusual Items | 310.25 | 291.7 | 268.6 | 286.2 | 210.41 |
Gain (Loss) on Sale of Assets | 9.31 | 5.35 | -7.02 | 11.56 | -1.9 |
Asset Writedown | 493.85 | -1.07 | -335.98 | -249.27 | 195.5 |
Other Unusual Items | -0.15 | -0.03 | -0.58 | -0.33 | -0.84 |
Pretax Income | 813.25 | 295.95 | -74.99 | 48.16 | 403.17 |
Income Tax Expense | 27.12 | 12.2 | 8.51 | 6.8 | 7.81 |
Earnings From Continuing Operations | 786.13 | 283.76 | -83.5 | 41.36 | 395.36 |
Earnings From Discontinued Operations | - | - | - | 221.73 | 116.86 |
Net Income to Company | 786.13 | 283.76 | -83.5 | 263.09 | 512.22 |
Net Income | 786.13 | 283.76 | -83.5 | 263.09 | 512.22 |
Net Income to Common | 786.13 | 283.76 | -83.5 | 263.09 | 512.22 |
Net Income Growth | 177.04% | - | - | -48.64% | 808.86% |
Basic Shares Outstanding | 563 | 510 | 468 | 468 | 466 |
Diluted Shares Outstanding | 563 | 510 | 468 | 468 | 466 |
Shares Change (YoY) | 10.37% | 8.87% | 0.09% | 0.32% | -0.69% |
EPS (Basic) | 1.40 | 0.56 | -0.18 | 0.56 | 1.10 |
EPS (Diluted) | 1.40 | 0.56 | -0.18 | 0.56 | 1.10 |
EPS Growth | 151.02% | - | - | -48.80% | 815.20% |
Dividend Per Share | - | 0.400 | 0.208 | 0.442 | 0.173 |
Dividend Growth | - | 91.94% | -52.85% | 155.99% | -42.44% |
Operating Margin | 74.52% | 75.75% | 77.75% | 75.69% | 74.86% |
Profit Margin | 138.65% | 55.79% | -16.54% | 56.81% | 122.72% |
EBITDA | 427.56 | 389.66 | 394.46 | 352.4 | 314.3 |
EBITDA Margin | 75.41% | 76.61% | 78.16% | 76.10% | 75.30% |
D&A For Ebitda | 5.04 | 4.35 | 2.08 | 1.89 | 1.86 |
EBIT | 422.53 | 385.31 | 392.38 | 350.52 | 312.44 |
EBIT Margin | 74.52% | 75.75% | 77.75% | 75.69% | 74.86% |
Funds From Operations (FFO) | - | - | 284.24 | 290.48 | 273.03 |
Adjusted Funds From Operations (AFFO) | - | - | 284.24 | 271.2 | 258 |
FFO Payout Ratio | - | - | 32.96% | 35.89% | 25.65% |
Effective Tax Rate | 3.33% | 4.12% | - | 14.12% | 1.94% |
Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.