Mirvac Group's revenue for the
six
months ended in Dec. 2023 was A$1,251 Mil.
Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was A$2,281 Mil.
Mirvac Group's Revenue per Share for the
six
months ended in Dec. 2023 was A$0.32.
Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was A$0.58.
Warning Sign:
Mirvac Group revenue per share has been in decline for the last 5 years.
During the past 12 months, the average Revenue per Share Growth Rate of Mirvac Group was 31.40% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -4.60% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -3.80% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 0.60% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.
During the past 13 years, Mirvac Group's highest 3-Year average Revenue per Share Growth Rate was 14.70% per year. The lowest was -33.90% per year. And the median was -1.35% per year.
Mirvac Group Revenue Historical Data
The historical data trend for Mirvac Group's Revenue can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the REIT - Diversified subindustry, Mirvac Group's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Mirvac Group's Revenue Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Mirvac Group's Revenue distribution charts can be found below:
* The bar in red indicates where Mirvac Group's Revenue falls into.
Mirvac Group Revenue Calculation
Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.
Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$2,281 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Mirvac Group (ASX:MGR) Revenue Explanation
In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.
Peter Lynch categorized companies according to their revenue growth:
His favorite companies are stalwart, those growing between 10-20% a year.
Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.
Be Aware
Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.
Mirvac Group Revenue Related Terms
Thank you for viewing the detailed overview of Mirvac Group's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Mirvac is one of Australia's largest residential developers, particularly apartments. Residential development earnings are volatile, generating about a fifth of EBIT in fiscal 2023, despite accounting for only about 15% of the group's invested capital. Over our 10-year discrete forecast period we don't expect residential development to exceed the lofty peaks seen in 2017, when Mirvac settled 3,400 residential lots, however, we expect modest growth over time as Mirvac gains market share and constructs housing into an under-supplied market. About 80% of Mirvac's earnings come from a predictable commercial property portfolio, more than half of which is high-grade office and another fourth in retail, a small industrial portfolio, and a small but growing build-to-rent residential portfolio.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ASX:MGR has been successfully added to your 