Mitchells & Butlers plc

LSE:MAB Stock Report

Market Cap: UK£1.5b

Mitchells & Butlers Past Earnings Performance

Past criteria checks 5/6

Mitchells & Butlers has been growing earnings at an average annual rate of 63.1%, while the Hospitality industry saw earnings growing at 39.1% annually. Revenues have been growing at an average rate of 16.3% per year. Mitchells & Butlers's return on equity is 6.3%, and it has net margins of 6.3%.

Key information

63.14%

Earnings growth rate

64.88%

EPS growth rate

Hospitality Industry Growth1.31%
Revenue growth rate16.26%
Return on equity6.30%
Net Margin6.30%
Last Earnings Update12 Apr 2025

Recent past performance updates

Mitchells & Butlers' (LON:MAB) Earnings May Just Be The Starting Point

May 29
Mitchells & Butlers' (LON:MAB) Earnings May Just Be The Starting Point

Recent updates

Earnings Working Against Mitchells & Butlers plc's (LON:MAB) Share Price

Sep 26
Earnings Working Against Mitchells & Butlers plc's (LON:MAB) Share Price

The Returns At Mitchells & Butlers (LON:MAB) Aren't Growing

Jul 31
The Returns At Mitchells & Butlers (LON:MAB) Aren't Growing
User avatar

Urbanisation And Digital Investment Will Sustain Future Resilience

Urban focus, estate upgrades, and digital investment position the company for strong sales and margin resilience as consumer demand shifts toward experience-led dining.

Mitchells & Butlers (LON:MAB) Has A Somewhat Strained Balance Sheet

Jul 10
Mitchells & Butlers (LON:MAB) Has A Somewhat Strained Balance Sheet

Is It Time To Consider Buying Mitchells & Butlers plc (LON:MAB)?

Jun 14
Is It Time To Consider Buying Mitchells & Butlers plc (LON:MAB)?

Mitchells & Butlers plc Just Recorded A 7.7% EPS Beat: Here's What Analysts Are Forecasting Next

May 25
Mitchells & Butlers plc Just Recorded A 7.7% EPS Beat: Here's What Analysts Are Forecasting Next

Investor Optimism Abounds Mitchells & Butlers plc (LON:MAB) But Growth Is Lacking

Apr 18
Investor Optimism Abounds Mitchells & Butlers plc (LON:MAB) But Growth Is Lacking

Slowing Rates Of Return At Mitchells & Butlers (LON:MAB) Leave Little Room For Excitement

Mar 28
Slowing Rates Of Return At Mitchells & Butlers (LON:MAB) Leave Little Room For Excitement

A Look At The Fair Value Of Mitchells & Butlers plc (LON:MAB)

Mar 06
A Look At The Fair Value Of Mitchells & Butlers plc (LON:MAB)

These 4 Measures Indicate That Mitchells & Butlers (LON:MAB) Is Using Debt Extensively

Feb 16
These 4 Measures Indicate That Mitchells & Butlers (LON:MAB) Is Using Debt Extensively

Is Mitchells & Butlers plc (LON:MAB) Potentially Undervalued?

Jan 29
Is Mitchells & Butlers plc (LON:MAB) Potentially Undervalued?

Unpleasant Surprises Could Be In Store For Mitchells & Butlers plc's (LON:MAB) Shares

Jan 11
Unpleasant Surprises Could Be In Store For Mitchells & Butlers plc's (LON:MAB) Shares

Estimating The Fair Value Of Mitchells & Butlers plc (LON:MAB)

Nov 28
Estimating The Fair Value Of Mitchells & Butlers plc (LON:MAB)

Is Now An Opportune Moment To Examine Mitchells & Butlers plc (LON:MAB)?

Oct 30
Is Now An Opportune Moment To Examine Mitchells & Butlers plc (LON:MAB)?

Is Mitchells & Butlers (LON:MAB) A Risky Investment?

Oct 07
Is Mitchells & Butlers (LON:MAB) A Risky Investment?

Returns On Capital At Mitchells & Butlers (LON:MAB) Have Hit The Brakes

Sep 19
Returns On Capital At Mitchells & Butlers (LON:MAB) Have Hit The Brakes

Calculating The Intrinsic Value Of Mitchells & Butlers plc (LON:MAB)

Aug 14
Calculating The Intrinsic Value Of Mitchells & Butlers plc (LON:MAB)

Is There Now An Opportunity In Mitchells & Butlers plc (LON:MAB)?

Jul 11
Is There Now An Opportunity In Mitchells & Butlers plc (LON:MAB)?

Mitchells & Butlers (LON:MAB) Seems To Use Debt Quite Sensibly

Jun 17
Mitchells & Butlers (LON:MAB) Seems To Use Debt Quite Sensibly

Mitchells & Butlers plc's (LON:MAB) 27% Price Boost Is Out Of Tune With Revenues

May 30
Mitchells & Butlers plc's (LON:MAB) 27% Price Boost Is Out Of Tune With Revenues

Mitchells & Butlers' (LON:MAB) Earnings May Just Be The Starting Point

May 29
Mitchells & Butlers' (LON:MAB) Earnings May Just Be The Starting Point

Investors Could Be Concerned With Mitchells & Butlers' (LON:MAB) Returns On Capital

May 02
Investors Could Be Concerned With Mitchells & Butlers' (LON:MAB) Returns On Capital

Mitchells & Butlers plc's (LON:MAB) Popularity With Investors Is Under Threat From Overpricing

Apr 10
Mitchells & Butlers plc's (LON:MAB) Popularity With Investors Is Under Threat From Overpricing

Is It Too Late To Consider Buying Mitchells & Butlers plc (LON:MAB)?

Mar 20
Is It Too Late To Consider Buying Mitchells & Butlers plc (LON:MAB)?

Estimating The Fair Value Of Mitchells & Butlers plc (LON:MAB)

Feb 29
Estimating The Fair Value Of Mitchells & Butlers plc (LON:MAB)

Mitchells & Butlers (LON:MAB) Use Of Debt Could Be Considered Risky

Jan 24
Mitchells & Butlers (LON:MAB) Use Of Debt Could Be Considered Risky

Revenues Not Telling The Story For Mitchells & Butlers plc (LON:MAB)

Dec 29
Revenues Not Telling The Story For Mitchells & Butlers plc (LON:MAB)

Investors Could Be Concerned With Mitchells & Butlers' (LON:MAB) Returns On Capital

Dec 02
Investors Could Be Concerned With Mitchells & Butlers' (LON:MAB) Returns On Capital

Does Mitchells & Butlers (LON:MAB) Have A Healthy Balance Sheet?

Sep 28
Does Mitchells & Butlers (LON:MAB) Have A Healthy Balance Sheet?

Mitchells & Butlers' (LON:MAB) Returns Have Hit A Wall

Aug 18
Mitchells & Butlers' (LON:MAB) Returns Have Hit A Wall

These 4 Measures Indicate That Mitchells & Butlers (LON:MAB) Is Using Debt Extensively

Jun 16
These 4 Measures Indicate That Mitchells & Butlers (LON:MAB) Is Using Debt Extensively

The Returns At Mitchells & Butlers (LON:MAB) Aren't Growing

May 16
The Returns At Mitchells & Butlers (LON:MAB) Aren't Growing

Should You Investigate Mitchells & Butlers plc (LON:MAB) At UK£1.52?

Mar 16
Should You Investigate Mitchells & Butlers plc (LON:MAB) At UK£1.52?

Why Mitchells & Butlers plc (LON:MAB) Could Be Worth Watching

Dec 08
Why Mitchells & Butlers plc (LON:MAB) Could Be Worth Watching

Mitchells & Butlers' (LON:MAB) Returns On Capital Tell Us There Is Reason To Feel Uneasy

Sep 21
Mitchells & Butlers' (LON:MAB) Returns On Capital Tell Us There Is Reason To Feel Uneasy

An Intrinsic Calculation For Mitchells & Butlers plc (LON:MAB) Suggests It's 48% Undervalued

Aug 26
An Intrinsic Calculation For Mitchells & Butlers plc (LON:MAB) Suggests It's 48% Undervalued

These 4 Measures Indicate That Mitchells & Butlers (LON:MAB) Is Using Debt Extensively

Aug 05
These 4 Measures Indicate That Mitchells & Butlers (LON:MAB) Is Using Debt Extensively

Why Mitchells & Butlers plc (LON:MAB) Could Be Worth Watching

Jun 23
Why Mitchells & Butlers plc (LON:MAB) Could Be Worth Watching

The Returns On Capital At Mitchells & Butlers (LON:MAB) Don't Inspire Confidence

May 31
The Returns On Capital At Mitchells & Butlers (LON:MAB) Don't Inspire Confidence

Is Mitchells & Butlers plc (LON:MAB) Trading At A 34% Discount?

May 06
Is Mitchells & Butlers plc (LON:MAB) Trading At A 34% Discount?

Mitchells & Butlers plc (LON:MAB) Shares Could Be 25% Below Their Intrinsic Value Estimate

Dec 24
Mitchells & Butlers plc (LON:MAB) Shares Could Be 25% Below Their Intrinsic Value Estimate

Analysts Are Updating Their Mitchells & Butlers plc (LON:MAB) Estimates After Its Yearly Results

Nov 28
Analysts Are Updating Their Mitchells & Butlers plc (LON:MAB) Estimates After Its Yearly Results

An Intrinsic Calculation For Mitchells & Butlers plc (LON:MAB) Suggests It's 25% Undervalued

Sep 08
An Intrinsic Calculation For Mitchells & Butlers plc (LON:MAB) Suggests It's 25% Undervalued

Is It Too Late To Consider Buying Mitchells & Butlers plc (LON:MAB)?

Aug 17
Is It Too Late To Consider Buying Mitchells & Butlers plc (LON:MAB)?

Is Mitchells & Butlers (LON:MAB) Using Debt In A Risky Way?

Jul 27
Is Mitchells & Butlers (LON:MAB) Using Debt In A Risky Way?

Estimating The Fair Value Of Mitchells & Butlers plc (LON:MAB)

May 24
Estimating The Fair Value Of Mitchells & Butlers plc (LON:MAB)

Should You Think About Buying Mitchells & Butlers plc (LON:MAB) Now?

May 04
Should You Think About Buying Mitchells & Butlers plc (LON:MAB) Now?

CEO & Director Philip Urban Just Bought 39% More Shares In Mitchells & Butlers plc (LON:MAB)

Mar 17
CEO & Director Philip Urban Just Bought 39% More Shares In Mitchells & Butlers plc (LON:MAB)

Mitchells & Butlers (LON:MAB) Has Debt But No Earnings; Should You Worry?

Feb 26
Mitchells & Butlers (LON:MAB) Has Debt But No Earnings; Should You Worry?

Are Investors Undervaluing Mitchells & Butlers plc (LON:MAB) By 48%?

Dec 01
Are Investors Undervaluing Mitchells & Butlers plc (LON:MAB) By 48%?

Revenue & Expenses Breakdown

How Mitchells & Butlers makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

LSE:MAB Revenue, expenses and earnings (GBP Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
12 Apr 252,668168-20
12 Jan 252,63915900
28 Sep 242,61014920
28 Jun 242,6149730
13 Apr 242,6174530
13 Jan 242,5602130
30 Sep 232,503-430
30 Jun 232,417-230
08 Apr 232,331-120
08 Jan 232,270620
24 Sep 222,2081320
24 Jun 222,1078030
09 Apr 222,00514630
09 Jan 221,5354130
25 Sep 211,065-6530
25 Jun 21860-11730
10 Apr 21655-17030
10 Jan 211,065-14140
26 Sep 201,475-11240
26 Jun 201,783-6850
11 Apr 202,090-2550
11 Jan 202,1645960
28 Sep 192,23714370
28 Jun 192,22312770
13 Apr 192,20811070
13 Jan 192,18010770
29 Sep 182,15210470
29 Jun 182,1708370
14 Apr 182,1876170
14 Jan 182,1846270
30 Sep 172,1806370
30 Jun 172,1476790
08 Apr 172,11370100
08 Jan 172,10080110
24 Sep 162,08689120
24 Jun 162,085105130
09 Apr 162,084120130
09 Jan 162,093112140
26 Sep 152,101103150
26 Jun 152,084101140
11 Apr 152,06799130
11 Jan 152,01996120

Quality Earnings: MAB has high quality earnings.

Growing Profit Margin: MAB's current net profit margins (6.3%) are higher than last year (1.7%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: MAB has become profitable over the past 5 years, growing earnings by 63.1% per year.

Accelerating Growth: MAB's earnings growth over the past year (275.6%) exceeds its 5-year average (63.1% per year).

Earnings vs Industry: MAB earnings growth over the past year (275.6%) exceeded the Hospitality industry 4.1%.


Return on Equity

High ROE: MAB's Return on Equity (6.3%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/06 09:02
End of Day Share Price 2025/10/03 00:00
Earnings2025/04/12
Annual Earnings2024/09/28

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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

Mitchells & Butlers plc is covered by 32 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Julian EasthopeBarclays
Robert ChantryBerenberg
Nicholas ThomasBofA Global Research