Marston's Past Earnings Performance
Past criteria checks 3/6
Marston's has been growing earnings at an average annual rate of 58%, while the Hospitality industry saw earnings growing at 45.2% annually. Revenues have been growing at an average rate of 14.1% per year. Marston's's return on equity is 9.2%, and it has net margins of 8.4%.
Key information
57.96%
Earnings growth rate
57.97%
EPS growth rate
| Hospitality Industry Growth | 1.31% |
| Revenue growth rate | 14.14% |
| Return on equity | 9.18% |
| Net Margin | 8.35% |
| Last Earnings Update | 28 Mar 2026 |
Recent past performance updates
Recent updates
Format Risks Around Format Rollout And Margins Will Define Future Pub Returns
Catalysts About Marston's Marston's operates a large, predominantly freehold pub estate in the U.K., focused on local, community-led formats. What are the underlying business or industry changes driving this perspective?
Format Conversions And Property Backing Will Support Stronger Long Term Pub Earnings Potential
Catalysts About Marston's Marston's operates a mainly freehold, community focused pub estate in the U.K., targeting high margin and strong cash generation. What are the underlying business or industry changes driving this perspective?Marston's PLC's (LON:MARS) Shares Bounce 29% But Its Business Still Trails The Market
Despite an already strong run, Marston's PLC ( LON:MARS ) shares have been powering on, with a gain of 29% in the last...Is There Now An Opportunity In Marston's PLC (LON:MARS)?
Marston's PLC ( LON:MARS ), is not the largest company out there, but it saw a significant share price rise of 63% in...Marston's PLC's (LON:MARS) Shares Bounce 28% But Its Business Still Trails The Industry
Marston's PLC ( LON:MARS ) shares have had a really impressive month, gaining 28% after a shaky period beforehand. The...Does Marston's (LON:MARS) Have A Healthy Balance Sheet?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...The Market Doesn't Like What It Sees From Marston's PLC's (LON:MARS) Revenues Yet
When you see that almost half of the companies in the Hospitality industry in the United Kingdom have price-to-sales...Marston's PLC (LON:MARS) Surges 26% Yet Its Low P/S Is No Reason For Excitement
Despite an already strong run, Marston's PLC ( LON:MARS ) shares have been powering on, with a gain of 26% in the last...Marston's (LON:MARS) Takes On Some Risk With Its Use Of Debt
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...Is Now An Opportune Moment To Examine Marston's PLC (LON:MARS)?
While Marston's PLC ( LON:MARS ) might not be the most widely known stock at the moment, it saw a decent share price...Marston's (LON:MARS) Has No Shortage Of Debt
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Is There An Opportunity With Marston's PLC's (LON:MARS) 40% Undervaluation?
How far off is Marston's PLC (LON:MARS) from its intrinsic value? Using the most recent financial data, we'll take a...Revenue & Expenses Breakdown
How Marston's 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 |
|---|---|---|---|---|
| 28 Mar 26 | 893 | 75 | 0 | 0 |
| 28 Dec 25 | 896 | 73 | 0 | 0 |
| 27 Sep 25 | 898 | 72 | 0 | 0 |
| 27 Jun 25 | 898 | 62 | 0 | 0 |
| 29 Mar 25 | 898 | 52 | 0 | 0 |
| 29 Dec 24 | 898 | 35 | 0 | 0 |
| 28 Sep 24 | 899 | 18 | 0 | 0 |
| 30 Mar 24 | 893 | -10 | 0 | 0 |
| 30 Dec 23 | 883 | -15 | 0 | 0 |
| 30 Sep 23 | 872 | -19 | 0 | 0 |
| 30 Jun 23 | 855 | 40 | 0 | 0 |
| 01 Apr 23 | 837 | 89 | 0 | 0 |
| 01 Jan 23 | 818 | 113 | 0 | 0 |
| 01 Oct 22 | 800 | 137 | 0 | 0 |
| 01 Jul 22 | 758 | 60 | 0 | 0 |
| 02 Apr 22 | 716 | -16 | 0 | 0 |
| 02 Jan 22 | 559 | -72 | 0 | 0 |
| 02 Oct 21 | 402 | -128 | 0 | 0 |
| 02 Jul 21 | 315 | -272 | 0 | 0 |
| 03 Apr 21 | 227 | -416 | 0 | 0 |
| 03 Jan 21 | 371 | -382 | 0 | 0 |
| 03 Oct 20 | 516 | -348 | 0 | 0 |
| 28 Mar 20 | 574 | -76 | 0 | 0 |
| 28 Dec 19 | 679 | -57 | 0 | 0 |
| 28 Sep 19 | 784 | -37 | 0 | 0 |
| 28 Jun 19 | 1,169 | 26 | 0 | 0 |
| 30 Mar 19 | 1,165 | 72 | 0 | 0 |
| 30 Dec 18 | 1,153 | 59 | 0 | 0 |
| 29 Sep 18 | 1,141 | 45 | 0 | 0 |
| 29 Jun 18 | 1,115 | 43 | 0 | 0 |
| 31 Mar 18 | 1,089 | 42 | 0 | 0 |
| 31 Dec 17 | 1,050 | 63 | 0 | 0 |
| 30 Sep 17 | 1,011 | 85 | 0 | 0 |
| 30 Jun 17 | 978 | 82 | 0 | 0 |
| 01 Apr 17 | 945 | 79 | 1 | 0 |
| 01 Jan 17 | 941 | 76 | 0 | 0 |
| 01 Oct 16 | 937 | 73 | 0 | 0 |
| 01 Jul 16 | 930 | 72 | 0 | 0 |
| 02 Apr 16 | 922 | 71 | 0 | 0 |
| 02 Jan 16 | 901 | 47 | 0 | 0 |
| 03 Oct 15 | 879 | 23 | 0 | 0 |
Quality Earnings: MARS has a large one-off gain of £24.1M impacting its last 12 months of financial results to 28th March, 2026.
Growing Profit Margin: MARS's current net profit margins (8.4%) are higher than last year (5.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MARS has become profitable over the past 5 years, growing earnings by 58% per year.
Accelerating Growth: MARS's earnings growth over the past year (44.5%) is below its 5-year average (58% per year).
Earnings vs Industry: MARS earnings growth over the past year (44.5%) exceeded the Hospitality industry -1.3%.
Return on Equity
High ROE: MARS's Return on Equity (9.2%) is considered low.
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 | 2026/07/06 03:47 |
| End of Day Share Price | 2026/07/03 00:00 |
| Earnings | 2026/03/28 |
| Annual Earnings | 2025/09/27 |
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 |
| |
| 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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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
Marston's PLC is covered by 22 analysts. 5 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 |
|---|---|
| Julian Easthope | Barclays |
| Robert Chantry | Berenberg |
| Nicholas Thomas | BofA Global Research |