Tritax Big Box REIT plc (LON:BBOX)
| Market Cap | 4.14B |
| Revenue (ttm) | 327.80M |
| Net Income (ttm) | 363.30M |
| Shares Out | 2.70B |
| EPS (ttm) | 0.14 |
| PE Ratio | 10.66 |
| Forward PE | 17.20 |
| Dividend | 0.08 (5.22%) |
| Ex-Dividend Date | Mar 12, 2026 |
| Volume | 12,386,697 |
| Average Volume | 7,880,738 |
| Open | 152.40 |
| Previous Close | 153.30 |
| Day's Range | 150.80 - 153.40 |
| 52-Week Range | 132.20 - 174.00 |
| Beta | 1.15 |
| RSI | 50.11 |
| Earnings Date | Aug 6, 2026 |
About Tritax Big Box REIT
Tritax Big Box REIT plc is the largest listed investor in high-quality logistics warehouse assets and controls the largest logistics-focused land platform in the UK. Tritax Big Box targets attractive and sustainable returns for shareholders by investing in and actively managing existing built investments and land suitable for logistics development. The Company focuses on well-located, modern logistics assets, typically letting institutional-grade clients on long-term leases with upward-on-only rent reviews and geographic and client diversificat... [Read more]
Financial Performance
In 2025, Tritax Big Box REIT's revenue was 327.80 million, an increase of 11.38% compared to the previous year's 294.30 million. Earnings were 363.30 million, a decrease of -18.45%.
Financial StatementsNews
Tritax Big Box REIT Transcript: Investor Update
Strong strategic progress and financial performance were delivered, with net rental income up 10.6%, adjusted EPS up 4.1%, and a 4.4% dividend increase. Growth is driven by rental reversion, logistics development, and data centers, with a clear path to 50% adjusted earnings growth by 2030.
Tritax Big Box REIT Earnings Call Transcript: H2 2025
Strong full-year results driven by rental growth, major acquisitions, and the launch of a data center strategy. Portfolio value rose over 20% to £7.9bn, with robust balance sheet metrics and a clear path to 50% earnings growth by 2030.
Tritax Big Box REIT Transcript: M&A Announcement
A £1 billion acquisition of urban logistics and Big Box assets in key UK locations will significantly expand the portfolio, drive mid-single-digit EPS accretion, and enhance operational efficiencies. The deal is funded through cash and new shares, with Blackstone taking an 8.6% stake and providing a £20 million rental bridge.
Tritax Big Box REIT Earnings Call Transcript: H1 2025
H1 2025 saw robust growth in rental income, EPS, and portfolio value, driven by UKCM integration, logistics development, and data center expansion. Strong balance sheet, disciplined capital allocation, and a clear path to 50% EPS growth by 2030 underpin a positive outlook.
Tritax Big Box REIT Transcript: Investor Update
Three growth drivers—asset management, logistics development, and data centers—are set to deliver 50% adjusted earnings growth by 2030, supported by a strong balance sheet, capital recycling, and a power-first data center strategy. Data center projects target 9-11% yields, with robust demand and supply constraints.
Tritax Big Box REIT Transcript: M&A Announcement
The merger creates a leading U.K. logistics REIT, expanding urban logistics exposure and offering immediate cost synergies. The deal is earnings accretive, maintains a strong balance sheet, and positions the combined group for significant rental growth and long-term value creation.
Tritax Big Box REIT Earnings Call Transcript: H2 2024
2024 saw transformational growth, driven by the UKCM acquisition, strong rental reversion, and expansion into data centers. Financial metrics improved across the board, with robust guidance for 2025 and a strong balance sheet supporting future growth.
Tritax Big Box REIT Transcript: Investor Update
A major data center project at Manor Farm, Heathrow, is set to deliver a 9.3% net yield on cost, with a pipeline of up to one gigawatt of future opportunities. The project leverages power infrastructure expertise and is fully funded through existing resources and capital recycling. Data centers are expected to enhance returns and complement the logistics portfolio.
Tritax Big Box REIT Earnings Call Transcript: H1 2024
Strong H1 2024 results with adjusted EPS up 10.4% and portfolio value rising to £6.4bn, driven by the UKCM acquisition. Robust rental reversion and development pipeline support positive outlook, with £150m–£200m in non-core disposals targeted for H2.