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Mitchells & Butlers
(LSE:MAB)
Mitchells & Butlers (MAB) vs. iShares MSCI United Kingdom ETF (EWC)
Mitchells & Butlers Business Overview & Revenue Model
Mitchells & Butlers Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.71B | 2.71B | 2.61B | 2.50B | 2.21B | 1.06B |
| Gross Profit | 398.00M | 327.00M | 996.00M | 358.00M | 764.00M | 60.00M |
| EBITDA | 449.00M | 473.00M | 438.00M | 235.00M | 255.00M | 218.00M |
| Net Income | 177.00M | 177.00M | 149.00M | -4.00M | 13.00M | -65.00M |
Balance Sheet | ||||||
| Total Assets | 5.39B | 5.39B | 5.25B | 4.80B | 4.95B | 5.21B |
| Cash, Cash Equivalents and Short-Term Investments | 216.00M | 216.00M | 176.00M | 126.00M | 207.00M | 252.00M |
| Total Debt | 1.51B | 1.51B | 1.63B | 1.79B | 1.95B | 2.06B |
| Total Liabilities | 2.58B | 2.58B | 2.68B | 2.67B | 2.81B | 3.10B |
| Stockholders Equity | 2.82B | 2.82B | 2.57B | 2.13B | 2.14B | 2.10B |
Cash Flow | ||||||
| Free Cash Flow | 199.00M | 199.00M | 232.00M | 91.00M | 116.00M | -8.00M |
| Operating Cash Flow | 368.00M | 368.00M | 386.00M | 248.00M | 238.00M | 25.00M |
| Investing Cash Flow | -179.00M | -179.00M | -154.00M | -165.00M | -118.00M | -32.00M |
| Financing Cash Flow | -173.00M | -173.00M | -170.00M | -169.00M | -159.00M | 77.00M |
Mitchells & Butlers Technical Analysis
Mitchells & Butlers Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | £380.78M | 18.74 | 4.82% | 2.81% | 6.94% | 9.99% | |
71 Outperform | £402.93M | 5.69 | 9.91% | ― | -0.08% | ― | |
69 Neutral | £784.59M | 12.58 | 17.81% | 1.50% | 4.52% | 50.39% | |
67 Neutral | £451.74M | 43.52 | 1.46% | 3.20% | 12.91% | -13.62% | |
66 Neutral | £1.63B | 9.41 | 6.58% | ― | 3.87% | 18.31% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
48 Neutral | £1.51B | -20.75 | -48.11% | 2.50% | 5.98% | -371.14% |
Mitchells & Butlers Corporate Events
Mitchells & Butlers has announced that it will publish its first-quarter trading update for the 15 weeks to 10 January 2026 on 15 January 2026, providing investors and analysts with an early look at current trading trends across its extensive hospitality estate. The scheduled update is likely to offer insights into how the company’s diverse portfolio of pub, restaurant and hotel brands is performing in the current consumer and economic environment, and will be closely watched by stakeholders for indications of operational momentum and market positioning at the start of its financial year.
The most recent analyst rating on (GB:MAB) stock is a Hold with a £279.00 price target. To see the full list of analyst forecasts on Mitchells & Butlers stock, see the GB:MAB Stock Forecast page.
Mitchells & Butlers has disclosed that three senior figures – chief executive Phil Urban, finance director Tim Jones and PDMR Andrew Freeman – have each acquired 53 ordinary shares in the company through the firm’s Share Incentive Plan. The partnership shares were purchased by the SIP trustee on 2 January 2026 at a price of £2.605 per share and traded on the London Stock Exchange, underscoring ongoing equity participation by the management team and aligning their interests further with shareholders.
The most recent analyst rating on (GB:MAB) stock is a Hold with a £276.00 price target. To see the full list of analyst forecasts on Mitchells & Butlers stock, see the GB:MAB Stock Forecast page.
Mitchells & Butlers plc has confirmed that, as of 1 January 2026, its issued share capital comprises 599,527,366 ordinary shares, with no shares held in treasury. This places the total number of voting rights at 599,527,366, a figure that shareholders must use as the reference point when assessing whether they are required to disclose changes in their shareholdings under UK disclosure and transparency regulations.
The most recent analyst rating on (GB:MAB) stock is a Hold with a £276.00 price target. To see the full list of analyst forecasts on Mitchells & Butlers stock, see the GB:MAB Stock Forecast page.
Mitchells & Butlers has published its Annual Report and Accounts for 2025 and the Notice of its 2026 Annual General Meeting, filing both documents with the UK National Storage Mechanism and making them available on its website. The AGM will take place at the company’s Birmingham Retail Support Centre on 29 January 2026, with physical copies of the Annual Report and AGM Notice being dispatched to shareholders who have opted for printed materials, and investors are directed to the previously released full-year results and the complete regulated disclosures contained in the newly filed report.
The most recent analyst rating on (GB:MAB) stock is a Hold with a £276.00 price target. To see the full list of analyst forecasts on Mitchells & Butlers stock, see the GB:MAB Stock Forecast page.
Mitchells & Butlers plc announced the vesting of shares under its Short Term Deferred Incentive Plan (STDIP) for key directors and a PDMR. On December 12, 2025, Phil Urban and Tim Jones, both directors, and Andrew Freeman, a PDMR, had their shares vested. Urban and Jones sold portions of their vested shares to cover tax and National Insurance obligations, aligning with the company’s shareholding policy. Freeman retained all vested shares. These transactions reflect the company’s adherence to its approved remuneration policy, ensuring compliance with tax obligations while maintaining shareholding requirements.
The most recent analyst rating on (GB:MAB) stock is a Hold with a £276.00 price target. To see the full list of analyst forecasts on Mitchells & Butlers stock, see the GB:MAB Stock Forecast page.
Mitchells & Butlers plc announced the exercise of share options by its directors and a PDMR under the company’s Restricted Share Plan. Phil Urban and Tim Jones, both directors, exercised options over a significant number of shares, selling a portion to cover tax and National Insurance liabilities, while retaining the remainder in line with company policy. Andrew Freeman, a PDMR, also exercised options, retaining all shares. These transactions reflect the company’s adherence to its remuneration and shareholding policies, ensuring alignment with stakeholder interests.
The most recent analyst rating on (GB:MAB) stock is a Hold with a £276.00 price target. To see the full list of analyst forecasts on Mitchells & Butlers stock, see the GB:MAB Stock Forecast page.
Mitchells & Butlers plc announced the purchase of partnership shares by the SIP Trustee for three of its directors and PDMR, Phil Urban, Tim Jones, and Andrew Freeman. Each transaction involved the acquisition of 52 ordinary shares at a price of £2.64 per share, conducted on the London Stock Exchange. This move reflects the company’s ongoing commitment to aligning the interests of its management with those of its shareholders, potentially enhancing stakeholder confidence.
The most recent analyst rating on (GB:MAB) stock is a Hold with a £340.00 price target. To see the full list of analyst forecasts on Mitchells & Butlers stock, see the GB:MAB Stock Forecast page.
Mitchells & Butlers announced the granting of options under its Performance Share Plan for the FY 2026-2028 cycle, involving key directors and personnel. The options are contingent on meeting specific performance conditions, including operating cash flow, EPS growth, and sustainability targets, reflecting the company’s strategic focus on financial performance and environmental responsibility.
The most recent analyst rating on (GB:MAB) stock is a Hold with a £340.00 price target. To see the full list of analyst forecasts on Mitchells & Butlers stock, see the GB:MAB Stock Forecast page.
Mitchells & Butlers announced the grant of conditional share awards to key directors and personnel under its Short-Term Deferred Incentive Plan. This move aligns with the company’s Remuneration Policy, deferring parts of annual bonuses into share awards for Phil Urban, Tim Jones, and Andrew Freeman. The awards, which will be released in two tranches over the next two years, aim to align the interests of the management with those of shareholders, potentially impacting the company’s operational focus and stakeholder relations positively.
The most recent analyst rating on (GB:MAB) stock is a Hold with a £340.00 price target. To see the full list of analyst forecasts on Mitchells & Butlers stock, see the GB:MAB Stock Forecast page.
Mitchells & Butlers plc has announced that as of 28 November 2025, its capital structure consists of 599,314,709 ordinary shares, with no shares held in treasury. This update is significant for shareholders as it provides the total number of voting rights, which is essential for determining their interests under the Disclosure Guidance and Transparency Rules.
The most recent analyst rating on (GB:MAB) stock is a Buy with a £355.00 price target. To see the full list of analyst forecasts on Mitchells & Butlers stock, see the GB:MAB Stock Forecast page.
Mitchells & Butlers reported strong financial results for the year ending September 2025, with a 4.3% growth in like-for-like sales and a 5.8% increase in adjusted operating profit to £330 million. The company managed to outperform the market across all segments, driven by disciplined cost control and a successful capital investment strategy. Despite anticipated cost pressures in the coming year, the company remains confident in its ability to maintain growth and resilience through its Ignite improvement programme and strong market positioning.
The most recent analyst rating on (GB:MAB) stock is a Buy with a £282.00 price target. To see the full list of analyst forecasts on Mitchells & Butlers stock, see the GB:MAB Stock Forecast page.
Mitchells & Butlers announced that it will release its final results for the 52 weeks ended 27 September 2025 on 28 November 2025. This announcement is significant for stakeholders as it provides insights into the company’s financial performance and strategic positioning in the competitive hospitality market.
The most recent analyst rating on (GB:MAB) stock is a Buy with a £282.00 price target. To see the full list of analyst forecasts on Mitchells & Butlers stock, see the GB:MAB Stock Forecast page.
Mitchells & Butlers plc announced the purchase of partnership shares by the SIP Trustee for three of its directors, Phil Urban, Tim Jones, and Andrew Freeman. Each transaction involved the acquisition of 57 ordinary shares at a price of £2.42967 per share, conducted on the London Stock Exchange. This move signifies a strategic alignment of interests between the company’s management and its shareholders, potentially enhancing stakeholder confidence in the company’s governance and future performance.
The most recent analyst rating on (GB:MAB) stock is a Buy with a £282.00 price target. To see the full list of analyst forecasts on Mitchells & Butlers stock, see the GB:MAB Stock Forecast page.
Mitchells & Butlers PLC announced that as of October 31, 2025, its capital comprises 599,243,704 ordinary shares, with no shares held in Treasury. This update on voting rights and capital structure is crucial for shareholders as it determines the denominator for calculating their interests in the company, in line with the Disclosure Guidance and Transparency Rules.
The most recent analyst rating on (GB:MAB) stock is a Buy with a £282.00 price target. To see the full list of analyst forecasts on Mitchells & Butlers stock, see the GB:MAB Stock Forecast page.
Mitchells & Butlers PLC announced a significant leadership change with the retirement of Tim Jones, the long-serving Chief Financial Officer, after fifteen years of service. Emma Harris, currently Finance Director at Marks and Spencer Group, has been appointed as his successor. This transition is part of the company’s succession planning efforts and is expected to take place by early Summer 2026. The announcement highlights the company’s strong financial position and its strategic focus on maintaining its competitive edge in the hospitality sector.
The most recent analyst rating on (GB:MAB) stock is a Hold with a £3.00 price target. To see the full list of analyst forecasts on Mitchells & Butlers stock, see the GB:MAB Stock Forecast page.
Mitchells & Butlers plc announced the purchase of partnership shares by the SIP Trustee for directors Phil Urban, Tim Jones, and PDMR Andrew Freeman, with transactions conducted on the London Stock Exchange. Each transaction involved the acquisition of shares at a price of £2.53149 per share, reflecting the company’s ongoing commitment to aligning management interests with shareholder value.
The most recent analyst rating on (GB:MAB) stock is a Hold with a £3.00 price target. To see the full list of analyst forecasts on Mitchells & Butlers stock, see the GB:MAB Stock Forecast page.