Morgan Sindall Group Past Earnings Performance
Past criteria checks 6/6
Morgan Sindall Group has been growing earnings at an average annual rate of 19.7%, while the Construction industry saw earnings growing at 28.3% annually. Revenues have been growing at an average rate of 10.5% per year. Morgan Sindall Group's return on equity is 23.4%, and it has net margins of 3.5%.
Key information
19.68%
Earnings growth rate
19.10%
EPS growth rate
| Construction Industry Growth | 2.94% |
| Revenue growth rate | 10.46% |
| Return on equity | 23.36% |
| Net Margin | 3.49% |
| Next Earnings Update | 23 Jul 2026 |
Recent past performance updates
Recent updates
Narrative Update • May 30
MGNS: Higher Final Dividend Will Support Stronger Future Shareholder Returns
Analysts have maintained their fair value estimate for Morgan Sindall Group at £55.07 per share, while modestly adjusting assumptions such as the discount rate and future P/E to reflect updated risk and earnings expectations. What's in the News Shareholders approved a final dividend of 108 pence per ordinary share for the year ended 31 December 2025 at the Annual General Meeting held on 7 May 2026 (Key Developments).Narrative Update • May 05
MGNS: Higher Dividend And Fit Out Upside Will Support Future Returns
Analysts have raised their fair value estimate for Morgan Sindall Group slightly to about £55.07 from £55.00, citing small refinements to discount rate, revenue growth, profit margin and future P/E assumptions in their pricing models. What's in the News Morgan Sindall Group proposed a final dividend of 108.0 pence per share for FY 2024, compared with 90.0 pence per share previously, taking the total dividend for the year to 158.0 pence per share versus 131.5 pence per share, with dividend cover stated at 2.4x (Key Developments).Narrative Update • Apr 21
MGNS: Rising Dividend And Stronger Fit Out Prospects Will Support Upside
Analysts have adjusted their fair value price target for Morgan Sindall Group from £54.27 to £55.00, reflecting updated assumptions around revenue growth, profit margins, and a slightly lower future P/E. What's in the News Proposed final dividend set at 108.0 pence per share for FY 2024, compared with 90.0 pence per share for FY 2023, giving a total dividend of 158.0 pence per share versus 131.5 pence per share, with dividend cover reported at 2.4x (Key Developments) Board commentary links the dividend proposal to the Group's performance in the year, its balance sheet position, and its view on long term prospects for the business (Key Developments) Earnings guidance for 2025 reiterated, with all divisions reported as performing well and the Group described as on track to meet current expectations (Key Developments) Fit Out division profits for 2026 are described as now expected to be significantly ahead of prior expectations and above the top end of the medium term target range of £80m to £100m.Narrative Update • Apr 05
MGNS: Rising Dividend And Stronger Fit Out Outlook Will Support Upside
Analysts have modestly reduced their price target for Morgan Sindall Group to reflect a slightly lower assumed future P/E multiple, while keeping fair value estimates broadly unchanged at approximately £54.27 per share. What's in the News Proposed final dividend set at 108.0 pence per share for FY 2024, compared with 90.0 pence per share for FY 2023.Narrative Update • Mar 21
MGNS: Dividend Strength And Fit Out Outlook Will Support Bullish View
Analysts have kept their £54.27 price target for Morgan Sindall Group broadly unchanged, reflecting only very small adjustments to inputs such as the discount rate, long term revenue growth, profit margin and future P/E assumptions. What's in the News Proposed final dividend set at 108.0 pence per share for FY 2024, with total dividend for the year at 158.0 pence per share and dividend cover reported at 2.4x (Key Developments).Narrative Update • Mar 07
MGNS: Dividend Growth And Fit Out Upside Will Support Bullish View
Analysts have adjusted their fair value estimate for Morgan Sindall Group from £54.78 to £54.27, reflecting updated assumptions around revenue growth, profit margins and future P/E expectations. What's in the News Morgan Sindall Group has proposed a final dividend of 108.0 pence per share for FY 2024, compared with 90.0 pence per share previously.Narrative Update • Feb 20
MGNS: Stronger Fit Out Outlook Will Support A Steady Balanced View
Analysts have lifted their price target for Morgan Sindall Group from £50.83 to £54.78, citing updated assumptions for revenue growth, profit margin and future P/E, alongside a slightly higher discount rate. What's in the News Morgan Sindall Group reiterated earnings guidance for 2025, stating that all divisions performed well and the Group is on track to deliver an outcome in line with current expectations for the year.Narrative Update • Feb 05
MGNS: Slight Model Tweaks Will Maintain Balanced Outlook And Fair Value
Analysts have modestly lifted their price target for Morgan Sindall Group to £50.83, reflecting small tweaks to their discount rate and assumed future P/E while keeping their fair value estimate broadly unchanged. Valuation Changes Fair value estimate held steady at £50.83 per share, with no change in the central valuation output.Narrative Update • Jan 22
MGNS: Minor Model Adjustments Will Support Balanced Outlook And Fair Value
Analysts have nudged their fair value estimate for Morgan Sindall Group slightly higher to £50.83 from £50.58, reflecting small adjustments to the discount rate, long run revenue growth, profit margin and assumed future P/E multiples in their models. Valuation Changes Fair value estimate set at £50.83 per share, compared with the prior figure of £50.58 per share.Narrative Update • Jan 06
MGNS: Slight Model Tweaks Will Support Stable Outlook And Fair Value
Analysts have nudged their price target on Morgan Sindall Group higher by £0.50 per share, reflecting small model adjustments to fair value, discount rate, profit margin and future P/E assumptions. Valuation Changes Fair Value: revised slightly higher from £50.08 to £50.58 per share.Analysis Article • Jan 06
Here's Why We Think Morgan Sindall Group (LON:MGNS) Is Well Worth Watching
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Narrative Update • Dec 14
MGNS: Slightly Lower Risk Will Support Stable Outlook And Fair Value
Analysts have nudged their price target for Morgan Sindall Group slightly higher to approximately £50.08, reflecting marginally lower perceived risk and a steady outlook for revenue growth, profit margins, and future valuation multiples. Valuation Changes Fair Value unchanged at approximately £50.08 per share, indicating no material reassessment of intrinsic value.Analysis Article • Dec 10
We Think Morgan Sindall Group (LON:MGNS) Might Have The DNA Of A Multi-Bagger
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...Narrative Update • Nov 28
MGNS: Incremental Shifts in Key Metrics Will Support Fair Value Stability
Analysts have modestly increased their price target for Morgan Sindall Group from £48.56 to £50.08, citing incremental shifts in discount rates, revenue expectations, and profit margins in their updated forecasts. Valuation Changes The Fair Value Estimate has increased slightly from £48.56 to £50.08.Analysis Article • Nov 13
There Is A Reason Morgan Sindall Group plc's (LON:MGNS) Price Is Undemanding
Morgan Sindall Group plc's ( LON:MGNS ) price-to-earnings (or "P/E") ratio of 13.7x might make it look like a buy right...Analysis Article • Aug 16
With EPS Growth And More, Morgan Sindall Group (LON:MGNS) Makes An Interesting Case
LSE:MGNS 1 Year Share Price vs Fair Value Explore Morgan Sindall Group's Fair Values from the Community and select...Analysis Article • Aug 01
Morgan Sindall Group (LON:MGNS) Will Pay A Dividend Of £0.50
Morgan Sindall Group plc's ( LON:MGNS ) investors are due to receive a payment of £0.50 per share on 23rd of October...Analysis Article • Jul 15
Morgan Sindall Group plc's (LON:MGNS) Share Price Not Quite Adding Up
It's not a stretch to say that Morgan Sindall Group plc's ( LON:MGNS ) price-to-earnings (or "P/E") ratio of 16.4x...Analysis Article • Jun 13
Should You Think About Buying Morgan Sindall Group plc (LON:MGNS) Now?
Morgan Sindall Group plc ( LON:MGNS ), is not the largest company out there, but it led the LSE gainers with a...Analysis Article • May 01
We Think Morgan Sindall Group (LON:MGNS) Can Manage Its Debt With Ease
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Analysis Article • Apr 10
Morgan Sindall Group (LON:MGNS) Is Investing Its Capital With Increasing Efficiency
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...Analysis Article • Mar 27
Morgan Sindall Group's (LON:MGNS) Earnings Offer More Than Meets The Eye
The stock was sluggish on the back of Morgan Sindall Group plc's ( LON:MGNS ) recent earnings report. We have done some...Analysis Article • Mar 22
Morgan Sindall Group (LON:MGNS) Will Pay A Larger Dividend Than Last Year At £0.90
Morgan Sindall Group plc ( LON:MGNS ) will increase its dividend from last year's comparable payment on the 15th of May...
New Narrative • Mar 02
Expanding Housing And Mixed Use Partnerships Will Strengthen Future Market Position
Focus on expanding Partnerships in Housing and Mixed Use seen as long-term growth driver for market share and earnings.Analysis Article • Feb 28
Do Morgan Sindall Group's (LON:MGNS) Earnings Warrant Your Attention?
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...Analysis Article • Jan 30
There's No Escaping Morgan Sindall Group plc's (LON:MGNS) Muted Earnings
Morgan Sindall Group plc's ( LON:MGNS ) price-to-earnings (or "P/E") ratio of 13.8x might make it look like a buy right...Analysis Article • Jan 08
Investors Shouldn't Overlook The Favourable Returns On Capital At Morgan Sindall Group (LON:MGNS)
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Analysis Article • Dec 25
When Should You Buy Morgan Sindall Group plc (LON:MGNS)?
While Morgan Sindall Group plc ( LON:MGNS ) might not have the largest market cap around , it saw a significant share...Analysis Article • Oct 23
Subdued Growth No Barrier To Morgan Sindall Group plc (LON:MGNS) With Shares Advancing 30%
Morgan Sindall Group plc ( LON:MGNS ) shares have continued their recent momentum with a 30% gain in the last month...Analysis Article • Sep 03
Morgan Sindall Group (LON:MGNS) Is Due To Pay A Dividend Of £0.415
The board of Morgan Sindall Group plc ( LON:MGNS ) has announced that it will pay a dividend on the 24th of October...Analysis Article • Aug 11
Morgan Sindall Group (LON:MGNS) Will Pay A Dividend Of £0.415
Morgan Sindall Group plc's ( LON:MGNS ) investors are due to receive a payment of £0.415 per share on 24th of October...Analysis Article • Jul 01
Is Morgan Sindall Group plc (LON:MGNS) Trading At A 32% Discount?
Key Insights Morgan Sindall Group's estimated fair value is UK£37.04 based on 2 Stage Free Cash Flow to Equity Morgan...Analysis Article • Apr 10
Morgan Sindall Group's (LON:MGNS) Dividend Will Be Increased To £0.78
Morgan Sindall Group plc ( LON:MGNS ) has announced that it will be increasing its dividend from last year's comparable...Analysis Article • Mar 23
Morgan Sindall Group (LON:MGNS) Is Increasing Its Dividend To £0.78
Morgan Sindall Group plc's ( LON:MGNS ) dividend will be increasing from last year's payment of the same period to...Analysis Article • Feb 27
Morgan Sindall Group (LON:MGNS) Will Pay A Larger Dividend Than Last Year At £0.78
Morgan Sindall Group plc ( LON:MGNS ) will increase its dividend from last year's comparable payment on the 16th of May...Analysis Article • Feb 25
Morgan Sindall Group plc Just Recorded A 8.1% EPS Beat: Here's What Analysts Are Forecasting Next
A week ago, Morgan Sindall Group plc ( LON:MGNS ) came out with a strong set of yearly numbers that could potentially...Analysis Article • Feb 23
Estimating The Intrinsic Value Of Morgan Sindall Group plc (LON:MGNS)
Key Insights Using the 2 Stage Free Cash Flow to Equity, Morgan Sindall Group fair value estimate is UK£26.50 With...Analysis Article • Jan 27
Morgan Sindall Group plc's (LON:MGNS) Shares Not Telling The Full Story
There wouldn't be many who think Morgan Sindall Group plc's ( LON:MGNS ) price-to-earnings (or "P/E") ratio of 16.3x is...Analysis Article • Dec 21
Is Now The Time To Look At Buying Morgan Sindall Group plc (LON:MGNS)?
Morgan Sindall Group plc ( LON:MGNS ), is not the largest company out there, but it received a lot of attention from a...Analysis Article • Sep 30
Morgan Sindall Group (LON:MGNS) Is Increasing Its Dividend To £0.36
Morgan Sindall Group plc's ( LON:MGNS ) dividend will be increasing from last year's payment of the same period to...Revenue & Expenses Breakdown
Revenue & Expenses Breakdown
How Morgan Sindall Group makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 25 | 5,019 | 175 | 394 | 0 |
| 30 Sep 25 | 4,860 | 164 | 395 | 0 |
| 30 Jun 25 | 4,702 | 152 | 397 | 0 |
| 31 Mar 25 | 4,624 | 142 | 389 | 0 |
| 31 Dec 24 | 4,546 | 132 | 381 | 0 |
| 30 Sep 24 | 4,471 | 128 | 358 | 0 |
| 30 Jun 24 | 4,397 | 124 | 334 | 0 |
| 31 Mar 24 | 4,257 | 121 | 331 | 0 |
| 31 Dec 23 | 4,118 | 118 | 327 | 0 |
| 30 Sep 23 | 3,984 | 91 | 319 | 0 |
| 30 Jun 23 | 3,850 | 64 | 311 | 0 |
| 31 Mar 23 | 3,731 | 63 | 299 | 0 |
| 31 Dec 22 | 3,612 | 61 | 288 | 0 |
| 30 Sep 22 | 3,482 | 81 | 281 | 0 |
| 30 Jun 22 | 3,352 | 101 | 274 | 0 |
| 31 Mar 22 | 3,282 | 99 | 267 | 0 |
| 31 Dec 21 | 3,213 | 98 | 260 | 0 |
| 30 Sep 21 | 3,221 | 87 | 260 | 0 |
| 30 Jun 21 | 3,230 | 75 | 259 | 0 |
| 31 Mar 21 | 3,132 | 60 | 256 | 0 |
| 31 Dec 20 | 3,034 | 45 | 252 | 0 |
| 30 Sep 20 | 3,024 | 50 | 249 | 0 |
| 30 Jun 20 | 3,013 | 54 | 246 | 0 |
| 31 Mar 20 | 3,042 | 62 | 248 | 0 |
| 31 Dec 19 | 3,071 | 71 | 249 | 0 |
| 30 Sep 19 | 3,021 | 71 | 246 | 0 |
| 30 Jun 19 | 2,970 | 71 | 242 | 0 |
| 31 Mar 19 | 2,971 | 69 | 239 | 0 |
| 31 Dec 18 | 2,972 | 67 | 235 | 0 |
| 30 Sep 18 | 2,940 | 63 | 227 | 0 |
| 30 Jun 18 | 2,908 | 58 | 218 | 0 |
| 31 Mar 18 | 2,850 | 55 | 214 | 0 |
| 31 Dec 17 | 2,793 | 52 | 210 | 0 |
| 30 Sep 17 | 2,757 | 48 | 215 | 0 |
| 30 Jun 17 | 2,721 | 43 | 221 | 0 |
| 31 Mar 17 | 2,641 | 40 | 212 | 0 |
| 31 Dec 16 | 2,562 | 37 | 202 | 0 |
| 30 Sep 16 | 2,471 | 31 | 195 | 0 |
| 30 Jun 16 | 2,381 | 24 | 187 | 0 |
| 31 Mar 16 | 2,383 | 7 | 186 | 0 |
| 31 Dec 15 | 2,385 | -10 | 184 | 0 |
| 30 Sep 15 | 2,379 | -12 | 179 | 0 |
| 30 Jun 15 | 2,373 | -15 | 173 | 0 |
Quality Earnings: MGNS has high quality earnings.
Growing Profit Margin: MGNS's current net profit margins (3.5%) are higher than last year (2.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MGNS's earnings have grown by 19.7% per year over the past 5 years.
Accelerating Growth: MGNS's earnings growth over the past year (32.8%) exceeds its 5-year average (19.7% per year).
Earnings vs Industry: MGNS earnings growth over the past year (32.8%) exceeded the Construction industry 16.4%.
Return on Equity
High ROE: MGNS's Return on Equity (23.4%) is considered high.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/02 23:18 |
| End of Day Share Price | 2026/06/02 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Morgan Sindall Group plc is covered by 11 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Harry Goad | Berenberg |
| Robert Chantry | Berenberg |
| Daniel Thomas Cowan | BNP Paribas |