Mirvac Group (MGR) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date

Aug 12, 2026

TBA (Confirmed)

Period Ending

2026 (Q4)

Consensus EPS Forecast

0.07

Last Year’s EPS

0.06

Same Quarter Last Year

Analyst Consensus

Moderate Buy

Based on 6 Analysts Ratings

Earnings Call Summary

Q2 2026

Earnings Call Date:Feb 17, 2026|

% Change Since:

Earnings Call Sentiment|Positive

The call presented broad operational momentum and multiple tangible wins—strong residential sales and margin recovery, clear living and industrial outperformance, portfolio repositioning to higher‑quality office, meaningful fund raises and capital partnerships, improved liquidity and a lower gearing profile. Key near‑term weaknesses include higher net financing costs, compressed development returns (legacy cost pressures) and reliance on valuation gains in statutory profit, plus remaining office leasing and disposal execution. On balance the positives—improving margins, restocked pipeline, recurring income growth and strong capital‑partner demand—materially outweigh the lowlights.

Company Guidance

Mirvac reaffirmed FY26 earnings guidance of $0.128–$0.130 per stapled security and a distribution of $0.095, while flagging continued earnings growth after a strong H1 (operating profit after tax $248m or $0.063 per security, +5% half‑on‑half; statutory profit $319m including $120m of revaluations; group EBIT +10%; EPS +5%; NTA +$0.04 to $2.30). Key balance‑sheet and funding metrics include headline gearing moderating to 25.8%, interest cover >3.5x, average cost of debt 5.3%, $1.0bn available liquidity, $1.3bn refinanced this half at ~115bps (a further $3.0bn at ~180bps), and a 60–80% distribution policy; capital‑raising track record includes ~$9bn raised over 5 years (c.$6bn from capital partners, ~$3bn asset sales). Forward drivers and pipeline metrics cited as supporting guidance include ~$100m of future NOI to be realised over 3–4 years, committed developments expected to add ~$2.3bn to FUM (embedded FUM growth ~ $2.3bn), third‑party capital of $17bn (FUM +$1bn in 6 months), MWOF $430m equity raise, BTR platform ~2,200 apartments (LIV like‑for‑like +6%, valuation uplift ~4%), land‑lease platform >7,500 lots (sales +50%, settlements +21%, comparable EBIT +50%), residential sales +38% with margins up to 22.5% and settlements ~22% (H1 settlements 835; full‑year settlement target 2,000–2,300; ~90% secured), and a referenced development earnings expectation of ~ $270m for the year.

Group financial growth

Group EBIT grew 10% year-on-year; operating profit after tax of $248m (A$0.063 per stapled security), up 5% on the prior half; EPS up 5%; statutory profit of $319m including A$120m of positive investment revaluations; NTA increased by A$0.04 to A$2.30; headline gearing moderated to 25.8%.

Residential sales, margins and pipeline restocking

Residential sales up 38% YoY with margins improving to 22.5%; settlements up 22% and the business is ~90% secured for the full year; active MPC projects increasing from 11 to 16 (next 12–18 months) and >12,000 lots restocked in capital-efficient structures, supporting a material step-up in future project activity.

Land lease and living momentum

Land lease platform expanded to over 7,500 lots with sales up 50% and new home settlements up 21%; living and industrial EBIT up 15% YoY; build‑to‑rent portfolio (~2,200 completed apartments) delivered 6% like‑for‑like income growth and ~4% strongest valuation uplift in the portfolio; LIV Anura leasing at ~76%.

Funds growth and capital partnering

Third‑party capital on the platform reached A$17bn; funds under management grew by >A$1bn in six months; MWOF completed a A$430m equity raise; LIV BTR fund recapitalized with Australian Retirement Trust supporting medium‑term 5,000 apartment target; A$13.9bn of institutional capital attracted in the last ~3.5 years.

Portfolio repositioning and operating metrics

Office allocation reduced from 65% to 51% and premium‑grade office exposure nearly doubled to 60% since 2019; portfolio occupancy at 98%, 4.4% like‑for‑like growth and positive valuation movements across all sectors; forward expiries reduced to ~12% over the next 2.5 years.

Balance sheet and liquidity strength

Headline gearing reduced to 25.8%, interest cover >3.5x, average cost of debt ~5.3%; refinanced A$1.3bn of bank debt at average margins ~115bps this half; A$1bn available liquidity and no maturities in the next 12 months.

Development visibility and pipeline value

Committed developments expected to deliver ~A$100m of future NOI over the next 3–4 years and to drive ~A$2.3bn increase in funds under management as projects complete; major new development opportunities secured (Hunter Street ~70,000 sqm end value ~A$3bn, Blackwattle Bay ~800 apartments, Karnup ~1,500 homes) providing multi‑year optionality.

Operational and cultural achievements

Launched first integrated Mirvac brand campaign; Mirvac Masters learning program accredited by University of Sydney and recognized as a leading L&D program; employee engagement returned to top quartile, supporting talent retention and execution capability.

Mirvac Group (AU:MGR) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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AU:MGR Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 12, 2026	2026 (Q4)	0.07 / -	0.06	―	―	―
Feb 17, 2026	2026 (Q2)	0.06 / 0.06	0.06	5.00% (<+0.01)
Aug 14, 2025	2025 (Q4)	0.06 / 0.06	0.06	0.00% (0.00)
Feb 13, 2025	2025 (Q2)	0.04 / 0.06	0.064	-6.25% (>-0.01)
Aug 07, 2024	2024 (Q4)	0.07 / 0.06	0.07	-14.29% (-0.01)
Feb 07, 2024	2024 (Q2)	0.05 / 0.06	0.109	-41.28% (-0.04)	―	―
Oct 25, 2023	2024 (Q1)	- / -	0.07	―	―	―
Aug 15, 2023	2023 (Q4)	0.05 / 0.07	0.07	0.00% (0.00)	―	―
Feb 08, 2023	2023 (Q2)	0.06 / 0.11	0.039	179.49% (+0.07)	―	―
Aug 11, 2022	2022 (Q4)	0.07 / 0.07	0.05	40.00% (+0.02)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

AU:MGR Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Feb 17, 2026	AU$1.93	AU$2.04	+5.70%
Aug 14, 2025	AU$2.26	AU$2.24	-0.84%
Feb 13, 2025	AU$1.92	AU$2.02	+5.48%
Aug 07, 2024	AU$1.97	AU$1.80	-9.02%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Mirvac Group (AU:MGR) report earnings?

Mirvac Group (AU:MGR) is schdueled to report earning on Aug 12, 2026, TBA (Confirmed).

What is Mirvac Group (AU:MGR) earnings time?

Mirvac Group (AU:MGR) earnings time is at Aug 12, 2026, TBA (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is the P/E ratio of Mirvac Group stock?

The P/E ratio of Mirvac Group is N/A.

What is AU:MGR EPS forecast?

AU:MGR EPS forecast for the fiscal quarter 2026 (Q4) is 0.07.