Derwent London Plc (LON:DLN)
London
· Delayed Price · Currency is GBP · Price in GBX | Market Cap | 1.95B |
| Revenue (ttm) | 406.50M |
| Net Income (ttm) | 161.10M |
| Shares Out | 112.25M |
| EPS (ttm) | 1.44 |
| PE Ratio | 12.13 |
| Forward PE | 18.01 |
| Dividend | 0.82 (4.66%) |
| Ex-Dividend Date | Apr 23, 2026 |
| Volume | 114,071 |
| Average Volume | 422,166 |
| Open | 1,734.00 |
| Previous Close | 1,741.00 |
| Day's Range | 1,727.00 - 1,740.00 |
| 52-Week Range | 1,469.33 - 2,106.00 |
| Beta | 1.18 |
| RSI | 54.68 |
| Earnings Date | Aug 6, 2026 |
About Derwent London
Derwent London Plc owns a commercial real estate portfolio predominantly in central London valued at 5.1 billion pounds as of 31 December 2025. It is the largest London office-focused real estate investment trust (REIT). Our experienced team has a long track record of creating value throughout the property cycle by regenerating our buildings via redevelopment or refurbishment, effective asset management and capital recycling. We typically acquire central London properties off market with low capital values and modest rents in improving location... [Read more]
Financial Performance
In 2025, Derwent London's revenue was 406.50 million, an increase of 45.44% compared to the previous year's 279.50 million. Earnings were 161.10 million, an increase of 39.00%.
Financial StatementsNews
Derwent London Earnings Call Transcript: H2 2025
Record asset management and leasing in 2025, with strong rental growth and robust development pipeline. Accelerated disposals and disciplined capital allocation underpin a positive outlook, with earnings and returns set to rise significantly by 2030.
Derwent London Earnings Call Transcript: H1 2025
Delivered strong operational performance with 3% total accounting return in H1 2025, robust leasing above ERV, and a 1.2% portfolio valuation uplift. Sustained ERV growth and a healthy development pipeline support a positive medium-term outlook.
Derwent London Earnings Call Transcript: H2 2024
Strong ERV growth, high pre-letting rates, and disciplined capital allocation drove a 3.2% total return and 4.4% EPS growth. Outlook for 2025 remains robust, with ERV growth of 3–6% expected and a well-funded pipeline in a supply-constrained London market.
Derwent London Earnings Call Transcript: Q3 2024
Leasing momentum remains strong with vacancy at 3% and rents above ERV. Financials are robust, with modest LTV and high interest cover. Guidance for 2024 ERV growth is 3%-6%, and the investment market is expected to pick up in 2025.
Derwent London Earnings Call Transcript: H1 2024
Rental growth reached its highest half-yearly level since 2016, with strong leasing activity and low vacancy driving an upgrade in rental growth guidance to +3% to +6% for 2024. Financials remain robust, with a strong balance sheet, disciplined capital allocation, and a deep development pipeline focused on the West End.