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Goodman Group
(Sydney:GMG)
Goodman Group (GMG) vs. iShares MSCI Australia ETF (EWA)
Goodman Group Business Overview & Revenue Model
Goodman Group Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.21B | 2.21B | 1.92B | 1.96B | 2.06B | 1.87B |
| Gross Profit | 1.42B | 1.42B | 1.37B | 1.33B | 1.45B | 947.90M |
| EBITDA | 2.18B | 2.18B | 22.80M | 462.10M | 688.20M | 515.00M |
| Net Income | 1.67B | 1.67B | -98.90M | 1.56B | 3.41B | 2.31B |
Balance Sheet | ||||||
| Total Assets | 31.57B | 31.57B | 23.83B | 24.07B | 21.47B | 16.89B |
| Cash, Cash Equivalents and Short-Term Investments | 3.96B | 3.96B | 1.79B | 1.36B | 1.06B | 920.40M |
| Total Debt | 5.28B | 5.28B | 3.72B | 3.36B | 2.90B | 2.15B |
| Total Liabilities | 8.26B | 8.26B | 6.29B | 6.05B | 5.04B | 3.73B |
| Stockholders Equity | 23.31B | 23.31B | 17.54B | 18.02B | 16.42B | 13.16B |
Cash Flow | ||||||
| Free Cash Flow | 957.30M | 953.20M | 1.18B | 1.27B | 835.10M | 1.11B |
| Operating Cash Flow | 959.60M | 959.60M | 1.19B | 1.28B | 841.00M | 1.11B |
| Investing Cash Flow | -3.48B | -3.48B | -688.20M | -716.00M | -1.00B | -549.90M |
| Financing Cash Flow | 4.60B | 4.60B | -52.40M | -308.80M | 299.70M | -1.35B |
Goodman Group Technical Analysis
Goodman Group Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | $14.95B | 17.94 | 7.99% | 4.06% | 4.75% | 170.39% | |
69 Neutral | $10.43B | 46.19 | 24.58% | 2.16% | 15.06% | 47.66% | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
60 Neutral | $10.59B | 27.69 | 3.56% | 4.26% | 12.66% | ― | |
59 Neutral | $7.75B | 55.76 | 1.32% | 5.13% | 4.52% | ― | |
54 Neutral | $59.59B | 33.75 | 7.99% | 1.03% | 16.87% | ― | |
52 Neutral | AU$2.99B | 25.42 | 3.57% | 6.03% | -9.63% | ― |
Goodman Group Corporate Events
Goodman Group announced a change in the director’s interest, with Greg Goodman acquiring 570,000 GMG Performance Rights. This acquisition, approved by securityholders, reflects the company’s ongoing commitment to aligning management interests with shareholder value, potentially impacting its strategic direction and stakeholder relations.
The most recent analyst rating on (AU:GMG) stock is a Buy with a A$36.41 price target. To see the full list of analyst forecasts on Goodman Group stock, see the AU:GMG Stock Forecast page.
Goodman Group has announced the issuance of 1,200,000 performance rights under an employee incentive scheme. These securities are unquoted and subject to transfer restrictions, reflecting the company’s strategy to incentivize and retain key personnel, which may enhance operational efficiency and align employee interests with long-term business goals.
The most recent analyst rating on (AU:GMG) stock is a Buy with a A$36.41 price target. To see the full list of analyst forecasts on Goodman Group stock, see the AU:GMG Stock Forecast page.
Goodman Group has announced the results of its Annual General Meetings, detailing the number of proxies received and votes cast on various resolutions for Goodman Limited, Goodman Industrial Trust, and Goodman Logistics (HK) Limited. The announcement reflects the company’s ongoing commitment to transparency and governance, with most resolutions being carried, indicating strong shareholder support. This outcome is likely to reinforce Goodman’s industry positioning and reassure stakeholders of its stable management and strategic direction.
The most recent analyst rating on (AU:GMG) stock is a Buy with a A$36.41 price target. To see the full list of analyst forecasts on Goodman Group stock, see the AU:GMG Stock Forecast page.
Goodman Group’s 2025 Annual General Meetings highlighted a significant milestone of 30 years since its ASX listing and the fifteenth consecutive year of growth in operating profit, which increased by 12.8% to $2.3 billion. The Group’s strategic focus on sustainable returns and agility in challenging environments has resulted in a Total Securityholder Return of 95% over three years and 143% over five years, reinforcing its position as a key player in providing essential infrastructure.
The most recent analyst rating on (AU:GMG) stock is a Buy with a A$36.41 price target. To see the full list of analyst forecasts on Goodman Group stock, see the AU:GMG Stock Forecast page.
Goodman Group has announced a change in the director’s interest, specifically involving Greg Goodman, who has disposed of 245,525 GMG Stapled Securities valued at $8,636,809. This transaction reflects a strategic adjustment in the director’s holdings, potentially impacting stakeholder perceptions and the company’s market positioning.
The most recent analyst rating on (AU:GMG) stock is a Buy with a A$40.00 price target. To see the full list of analyst forecasts on Goodman Group stock, see the AU:GMG Stock Forecast page.
Goodman Group has announced its upcoming Annual General Meetings (AGM), scheduled for November 11, 2025, in Sydney. The AGM will be conducted as a hybrid meeting, allowing securityholders the flexibility to attend either online or in person, reflecting the company’s commitment to accessibility and stakeholder engagement.
The most recent analyst rating on (AU:GMG) stock is a Buy with a A$40.00 price target. To see the full list of analyst forecasts on Goodman Group stock, see the AU:GMG Stock Forecast page.
Goodman Group announced the issuance of 12,532,700 performance rights under an employee incentive scheme, which are unquoted and subject to transfer restrictions until the restriction period ends. This move is part of the company’s strategy to align employee interests with long-term company performance, potentially enhancing stakeholder value and reinforcing its competitive position in the logistics real estate sector.
The most recent analyst rating on (AU:GMG) stock is a Hold with a A$34.73 price target. To see the full list of analyst forecasts on Goodman Group stock, see the AU:GMG Stock Forecast page.
Goodman Group has dispatched its 2025 Annual Report to securityholders, highlighting its strong financial performance and strategic achievements over the past year. The company will hold its Annual General Meetings on November 11, 2025, in Sydney, offering a hybrid format for attendance. Celebrating 30 years since its listing on the Australian Securities Exchange, Goodman has grown from a local industrial property group to a global infrastructure provider with a portfolio worth $85.6 billion. The Group remains committed to high-quality real estate, disciplined capital management, and strong stakeholder relationships, positioning itself for continued success in FY26.
The most recent analyst rating on (AU:GMG) stock is a Buy with a A$40.00 price target. To see the full list of analyst forecasts on Goodman Group stock, see the AU:GMG Stock Forecast page.
Goodman Group announced a change in the director’s interest, with George Zoghbi acquiring 15,000 GMG stapled securities through an on-market trade. This acquisition, valued at $498,631, reflects a strategic move by the director, potentially impacting the company’s governance and signaling confidence in the company’s market position.
The most recent analyst rating on (AU:GMG) stock is a Buy with a A$40.00 price target. To see the full list of analyst forecasts on Goodman Group stock, see the AU:GMG Stock Forecast page.
Goodman Group announced a change in the director’s interest, specifically involving Greg Goodman, who has adjusted his holdings in the company’s securities. This change reflects the vesting of 491,050 GMG Performance Rights into GMG Stapled Securities, indicating a strategic move in the director’s investment portfolio. Such adjustments could signal confidence in the company’s future performance and may have implications for stakeholders monitoring the director’s investment activities.
The most recent analyst rating on (AU:GMG) stock is a Buy with a A$40.00 price target. To see the full list of analyst forecasts on Goodman Group stock, see the AU:GMG Stock Forecast page.
Goodman Group announced a change in the director’s interest notice, specifically regarding Greg Goodman’s holdings. The change involved the lapsing of 73,318 GMG Performance Rights due to unmet conditions, impacting the director’s direct interest in the company’s securities. This adjustment in securities holdings reflects the company’s adherence to performance-based incentives and may influence stakeholders’ perception of management’s alignment with company performance.
The most recent analyst rating on (AU:GMG) stock is a Buy with a A$38.40 price target. To see the full list of analyst forecasts on Goodman Group stock, see the AU:GMG Stock Forecast page.
Goodman Group has announced the dispatch of its distribution for the six months ended 30 June 2025, amounting to 15.00 cents per stapled security. This distribution reflects the company’s ongoing commitment to delivering value to its security holders and underscores its robust position in the industrial property sector, providing essential infrastructure for the digital economy.
The most recent analyst rating on (AU:GMG) stock is a Buy with a A$38.40 price target. To see the full list of analyst forecasts on Goodman Group stock, see the AU:GMG Stock Forecast page.
Goodman Group has announced a distribution of 15 cents per stapled security for the year ending 30 June 2025, with payments scheduled for 26 August 2025. This distribution includes dividends from Goodman Logistics (HK) Limited and Goodman Industrial Trust, with the latter contributing 12.5 cents per security. The distribution reflects Goodman’s strategic focus on providing robust returns to stakeholders, reinforcing its position as a leader in the industrial property sector.
The most recent analyst rating on (AU:GMG) stock is a Buy with a A$38.40 price target. To see the full list of analyst forecasts on Goodman Group stock, see the AU:GMG Stock Forecast page.
Goodman Group is a global industrial property and digital infrastructure specialist, providing essential infrastructure such as warehouses and data centers to power the digital economy. In its latest earnings report for FY25, Goodman Group announced a 12.8% increase in operating profit, reaching over $2.3 billion, with operating earnings per security up by 9.8%. The company’s total property portfolio grew to $85.6 billion, marking an 8.8% increase, while maintaining a strong financial position with low gearing at 4.3% and liquidity of $6.6 billion. Key highlights include a high portfolio occupancy of 96.5%, significant development work in progress, particularly in data centers, and a total securityholder return of 95% over three years. Looking forward, Goodman Group is well-positioned to capitalize on growth opportunities in the digital infrastructure sector, with a focus on sustainable long-term returns for its securityholders.
Goodman Group has released its updated corporate governance statement, which has been approved by the board and is current as of August 20, 2025. The statement, available on their website, outlines the company’s adherence to the ASX Corporate Governance Council’s recommendations, including board responsibilities, diversity policies, and director appointment procedures. This announcement reinforces Goodman Group’s commitment to transparency and accountability, potentially enhancing stakeholder confidence and solidifying its industry position.
The most recent analyst rating on (AU:GMG) stock is a Buy with a A$40.00 price target. To see the full list of analyst forecasts on Goodman Group stock, see the AU:GMG Stock Forecast page.
Goodman Group has released its FY25 results, highlighting its focus on operating profit and earnings per security to provide a clear view of its underlying operations. The company emphasizes the importance of fair value calculations and acknowledges the inherent uncertainties in estimating greenhouse gas emissions and energy consumption. The release also notes that forward-looking statements are subject to risks and uncertainties, which may impact actual outcomes.
The most recent analyst rating on (AU:GMG) stock is a Buy with a A$40.00 price target. To see the full list of analyst forecasts on Goodman Group stock, see the AU:GMG Stock Forecast page.
Goodman Group reported a strong financial performance for FY25, with a 13% increase in operating profit to $2,311.2 million and a 9.8% rise in operating earnings per security. The Group has strategically expanded its data center portfolio, which now constitutes 57% of its development work in progress, and is poised for further growth with new partnerships in Europe and Australia. This expansion is supported by a robust financial position, including low leverage and significant liquidity, positioning Goodman well for long-term growth.
The most recent analyst rating on (AU:GMG) stock is a Buy with a A$40.00 price target. To see the full list of analyst forecasts on Goodman Group stock, see the AU:GMG Stock Forecast page.
Goodman Group has released its Annual Report for 2025, providing insights into its performance and corporate governance. The report highlights the company’s focus on infrastructure and logistics, emphasizing its strategic positioning in the market. Stakeholders are encouraged to explore the detailed performance suite available on the company’s website.
The most recent analyst rating on (AU:GMG) stock is a Buy with a A$40.00 price target. To see the full list of analyst forecasts on Goodman Group stock, see the AU:GMG Stock Forecast page.
Goodman Group reported a significant increase in its financial performance for the year ending June 30, 2025, with a 12.8% rise in operating profit and a 16.5% increase in revenue. The company’s statutory profit saw a remarkable turnaround, rising from a loss to a substantial profit, reflecting strong operational efficiency and strategic asset management. The group’s total portfolio value increased by 8.8%, and external assets under management grew by 2.7%, indicating robust growth and expansion in its market presence.
The most recent analyst rating on (AU:GMG) stock is a Buy with a A$40.00 price target. To see the full list of analyst forecasts on Goodman Group stock, see the AU:GMG Stock Forecast page.