DEXUS Past Earnings Performance

Past criteria checks 0/6

DEXUS's earnings have been declining at an average annual rate of -47.4%, while the Office REITs industry saw earnings declining at 13.9% annually. Revenues have been declining at an average rate of 18.9% per year.

Key information

-47.4%

Earnings growth rate

-47.7%

EPS growth rate

Office REITs Industry Growth	3.1%
Revenue growth rate	-18.9%
Return on equity	-15.6%
Net Margin	-468.2%
Next Earnings Update	18 Feb 2025

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How DEXUS makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

OTCPK:DEXS.F Revenue, expenses and earnings (AUD Millions)
Date	Revenue	Earnings	G+A Expenses
30 Jun 24	338	-1,584	323
31 Mar 24	318	-1,478	305
31 Dec 23	299	-1,373	288
30 Sep 23	473	-1,063	255
30 Jun 23	648	-753	222
31 Mar 23	977	42	208
31 Dec 22	1,306	836	193
30 Sep 22	1,522	1,226	190
30 Jun 22	1,737	1,616	186
31 Mar 22	1,750	1,558	175
31 Dec 21	1,763	1,500	165
30 Sep 21	1,673	1,319	154
30 Jun 21	1,584	1,138	143
31 Mar 21	1,450	779	147
31 Dec 20	1,317	420	151
30 Sep 20	1,403	696	151
30 Jun 20	1,489	973	150
31 Mar 20	1,550	1,261	140
31 Dec 19	1,611	1,549	129
30 Sep 19	1,471	1,415	125
30 Jun 19	1,331	1,281	121
31 Mar 19	1,366	1,370	117
31 Dec 18	1,400	1,458	113
30 Sep 18	1,389	1,594	110
30 Jun 18	1,379	1,729	106
31 Mar 18	1,397	1,637	104
31 Dec 17	1,416	1,545	102
30 Sep 17	1,396	1,405	101
30 Jun 17	1,376	1,264	99
31 Mar 17	1,286	1,221	96
31 Dec 16	1,197	1,178	93
30 Sep 16	1,295	1,219	92
30 Jun 16	1,392	1,260	91
31 Mar 16	1,400	1,209	91
31 Dec 15	1,409	1,158	91
30 Sep 15	1,260	889	89
30 Jun 15	1,111	619	86
31 Mar 15	1,049	503	83
31 Dec 14	987	387	80
30 Sep 14	873	397	76
30 Jun 14	758	407	71
31 Mar 14	716	478	71
31 Dec 13	674	550	70

Quality Earnings: DEXS.F is currently unprofitable.

Growing Profit Margin: DEXS.F is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: DEXS.F is unprofitable, and losses have increased over the past 5 years at a rate of 47.4% per year.

Accelerating Growth: Unable to compare DEXS.F's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: DEXS.F is unprofitable, making it difficult to compare its past year earnings growth to the Office REITs industry (-32.7%).

Return on Equity

High ROE: DEXS.F has a negative Return on Equity (-15.58%), as it is currently unprofitable.

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	2024/12/20 21:33
End of Day Share Price	2024/12/12 00:00
Earnings	2024/06/30
Annual Earnings	2024/06/30

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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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 here.

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 .

Analyst Sources

DEXUS is covered by 22 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.

Analyst	Institution
Russell Wright	APP Securities Pty Ltd.
Russell Wright	Barclay Pearce Capital Pty Limited
Benjamin Brayshaw	Barrenjoey Markets Pty Limited

DEXUS Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

DEXUS to Report First Half, 2025 Results on Feb 19, 2025

DEXUS to Report First Half, 2024 Results on Feb 14, 2024

Dexus to Report Fiscal Year 2023 Results on Aug 16, 2023

Dexus to Report Fiscal Year 2021 Results on Aug 17, 2021

Recent updates

Aware Super Pty Ltd agreed to acquire Office building at 145 Ann Street, Brisbane from DEXUS (ASX:DXS) and Canada Pension Plan Investment Board for approximately AUD 210 million.

An undisclosed buyer acquired B grade suburban office building in Sydney. from DEXUS (ASX:DXS).

Dexus Provides Distribution Policy Update

DEXUS Announces Dividend for the Period Ended June 30, 2024, Payable on August 29, 2024

DEXUS to Report First Half, 2025 Results on Feb 19, 2025

Dexus Announces Executive Changes

Dexus Announces the Ordinary Dividend for the Six Month Ending December 31, 2023, Payable on February 29, 2024

Dexus Announces Chief Executive Officer Changes, Effective 28 March 2024

Darren Steinberg to Step Down as Dexus CEO

Darren Steinberg to Step Down as Dexus CEO

Buyers Reportedly on Runway for Airport Stakes

An unknown buyer agreed to acquire A grade office building at 1 Margaret Street from DEXUS (ASX:DXS) for AUD 300 million.

DEXUS to Report First Half, 2024 Results on Feb 14, 2024

An unknown buyer has exchanged contracts to acquire Axxess Corporate Park, Mount Waverley Victoria from DEXUS (ASX:DXS) for approximately AUD 310 million.

An unknown buyer entered into an agreement to acquire CBD A Grade Office Building in Sydney from Dexus (ASX:DXS).

Dexus Announces Actual Dividend for the Six Month Ending December 31, 2022, Payable on February 28, 2023

Dexus Announces Dividend for the Six Month Ending December 31, 2022, Payable on February 28, 2023

Ashe Morgan Pty Limited acquired Homemaker Prospect from Dexus (ASX:DXS) for AUD 78.9 million.

Ashe Morgan Pty Limited acquired Homemaker Prospect from Dexus (ASX:DXS) for AUD 78.9 million.

Dexus Provides Distribution Guidance for the 12 Months Ended 30 June 2023

Sim Lian Group Limited acquired Shepparton Marketplace Shopping Centre from Dexus Wholesale Property Fund, managed by Dexus (ASX:DXS) for $88.1 million.

Dexus to Report Fiscal Year 2023 Results on Aug 16, 2023

Dexus Announces Ordinary Franked Dividend for the Six Months Ended June 30, 2022, Payable on August 30, 2022

An Unknown buyer completed the acquisition of 50% of stake in 309-321 Kent Street, Sydney from Dexus (ASX:DXS).

Dexus (ASX:DXS) agreed to acquire Collimates real estate and domestic infrastructure equity business from Collimate Capital Limited for AUD 550 million.

Dexus Confirms Discussions with AMP

AMP Confirms in Talks to Sell Investment Management Unit with Multiple Parties, Including Dexus

An unknown buyer completed the acquisition of 50% stake in 12 Creek Street, Brisbane from Dexus (ASX:DXS).

An unknown buyer entered into agreement to acquire 50% stake in 12 Creek Street, Brisbane from Dexus (ASX:DXS) for AUD 319 million.

An unknown buyer completed the acquisition of 201 Miller Street, North Sydney from DEXUS Office Partnership, managed by Dexus (ASX:DXS).

An unknown buyer agreed to acquire 140 & 150 George Street from DEXUS Office Partnership for approximately AUD 150 million.

AMP Capital Shopping Centre Fund, managed by AMP Capital Investors Limited acquired a 25% stake in CEV Multimedia ltd from Dexus Wholesale Property Fund managed by Dexus (ASX:DXS) for approximately AUD 420 million.

An unknown buyer exchanged contracts to acquire 201 Miller Street, North Sydney from DEXUS Office Partnership, managed by Dexus (ASX:DXS) AUD 152.4 million.

Shayher Group agreed to acquire Milton Green business park from Dexus Wholesale Property Fund, a fund managed by Dexus (ASX:DXS) and AMP Capital Diversified Property Fund, a fund managed by AMP Capital Investors Limited.

An unknown buyer agreed to acquire A-Grade Office Building Located at 383 Kent Street, Sydney from Dexus (ASX:DXS) for approximately AUD 400 million.

Dexus Healthcare Property Fund, a fund managed by Dexus (ASX:DXS), acquired Arcadia Pittwater Private Hospital and Day Rehabilitation Facility from Breckenridge Funds Management for AUD 50.5 million.

Dexus Reportedly to Sell $1.3 Billion of Towers

Dexus (ASX:DXS) completed the acquisition of APN Property Group Limited (ASX:APD).

Huge Linkage acquired 60 Miller Street, North Sydney. from Dexus for AUD 273 million.

Dexus Healthcare Property Fund managed by Dexus (ASX:DXS) acquired two inner-city Brisbane medical related properties from Silverstone Developments Pty Ltd for $130.7 million.

Dexus Upgrades Dividend Guidance for the Full Year Ending June 30, 2021

Dexus (ASX:DXS) entered into a binding Scheme Implementation Deed to acquire APN Property Group Limited (ASX:APD) for AUD 320 million.

LOGOS Reportedly Taps Moelis in Bid for Milestone Logistics

China Investment Corporation completed the acquisition of additional 50% majority stake in Grosvenor Place Office Building in Sydney, Australia from DEXUS Office Partnership managed by Dexus (ASX:DXS) and Canada Pension Plan Investment Board.

Charter Hall, Dexus, ESR and Centuria Reportedly in Hunt for Blackstone Portfolio of Australian Industrial Properties

Dexus and CPP Investment Board Reportedly Looks to Offload Gold Tower

China Investment Corporation completed the acquisition of additional 50% majority stake in Grosvenor Place Office Building in Sydney, Australia from Dexus (ASX:DXS) and DEXUS Office Partnership for approximately AUD 930 million.

Huge Linkage agreed to acquire 60 Miller Street, North Sydney from Dexus (ASX:DXS) for approximately AUD 270 million.

Dexus (ASX:DXS) and The Healthcare Wholesale Property Fund, fund managed by Dexus entered into agreement to acquire Australian Bragg Centre in Adelaide from Commercial & General Pty Ltd for approximately AUD 450 million.

Charter Hall, Dexus Eyes AMP Property Merger

Deka Immobilien GmbH agreed to acquire A-Grade Office Tower in Melbourne CBD from Dexus Wholesale Property Fund, a fund managed by Dexus (ASX:DXS) for approximately AUD 440 million.