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GMT · NZX

Goodman Property Trust (GMT)

Property / Property trust•Covered: HY26•1 published briefing

Goodman Property Trust is an NZX-listed property / property trust company with HY26 of published result briefings.

Latest briefing

HY26 · Released 20 November 2025

Borrowings cut 76% via Highbrook Fund deal as PBT grew 17.1%

A 0.6% effective tax rate lifted NPAT 35.8%, but the cleaner 17.1% PBT growth and 5.2% like-for-like rental uplift set the operating read.

Market data

As at close
Close price
NZD 2.07
Market cap
$3.2b
Dividend yield
3.3%

as at close, 16 June 2026. Source: yfinance.

Sections⌄
  1. Snapshot
  2. Valuation
  3. Chat
  4. Longitudinal View
  5. Follow-through
  6. Archive
  7. Related Insights
  1. Snapshot
  2. Valuation
  3. Chat
  4. Longitudinal View
  5. Follow-through
  6. Archive
  7. Related Insights

Snapshot

Latest metrics

HY26, released 20 November 2025

← Swipe to view more
GMT latest metrics
MetricValueChange
Revenue$148.8m—
Operating profit$83.2m—
NPAT$61.8m—
Operating cash flow$75.9m—
Net debt$167m—
ROE %2.0%—
DPS1.7c—
Payout ratio vs NPAT %42.4%—
PBT$62.2m—
FCF pre-lease$75.9m—

Source: latest published briefing (HY26, released 20 November 2025). Change compares against the prior equivalent period: not available for this company.

Valuation

Valuation

A compact read on what the market price implies next to the latest filing data. The numbers are a starting point for comparison, not a recommendation.

Prices as at close, 16 June 2026

Price and market cap

The latest close and share count context for the market price.

Market cap

$3.2b

i

End-of-day close multiplied by current shares on issue.

Profitability multiples

How the market price compares with recent earnings and cash-flow inputs.

P/E

Not available

i

Not available for this company right now.

EPS

Not available

i

Not available for this company right now.

PEG

Not available

i

Not available for this company right now.

EV/EBITDA

Not available

i

Not available for this company right now.

P/FCF

Not available

i

Not available for this company right now.

P/B

1.01x

i

Market value compared with latest reported equity.

Income and fund shape

Yield and fund-style valuation where the company shape supports it.

Dividend yield

3.3%

i

Trailing dividends compared with the latest close.

Total return

Not available

i

Available once dividend and adjustment data are verified.

Price history

Daily closes use the full available width, with hover and touch readouts against real observations. Expand opens the chart at reading size.

Share price

Five years of daily closes, as at close, 5 June 2026. Weekends, suspensions, and listing gaps stay as natural gaps in the time scale.

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Chat

Ask about GMT

Ask follow-up questions about Goodman Property Trust's latest result and company history.

Informational only. No buy, sell, hold, price-target, or personal financial advice.

Ask about GMT

Informational only. No buy, sell, hold, price-target, or personal financial advice.

Sign in to chat

Sign in to ask company questions.

What changed in the latest result?What is unusual in the historical context?How has cash conversion changed over time?Compare this company with CNU.

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Longitudinal view

Performance over time

The latest period is shown first.

← Swipe to view more
GMT metric history
MetricHY266 MONTHS20 November 2025Trend
Revenue$148.8m
—
Revenue growth %10.4%
—
Operating profit$83.2m
—
PBT$62.2m
—
PBT growth %17.1%
—
NPAT$61.8m
—
NPAT growth %35.8%
—
Operating cash flow$75.9m
—
FCF pre-lease$75.9m
—
DPS1.7c
—
Payout ratio vs NPAT %42.4%
—
ROE %2.0%
—
Net debt$167m
—
Total assets$4.1b
—

Reference: annolyse.ai/companies/gmt

Filing-only history charts

These charts use verified published filing periods only. Gaps are not interpolated, and mixed half-year/full-year histories are split into separate series.

Revenue

Reported revenue across covered periods.

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Revenue growth

Like-period revenue growth where comparable.

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EBITDA-equivalent

Company-specific earnings measure where disclosed.

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NPAT

Statutory profit after tax.

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Operating cash flow

Cash generated from operations.

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FCF pre-lease

Operating cash flow less capex before leases.

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Full chartable metric set

Additional verified filing metrics for this company. Each point links back to a published briefing period in the source data contract.

ROE

Return on equity.

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Net debt

Borrowings less cash; negative values indicate net cash.

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DPS

Dividend per share declared for the period.

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Payout ratio

Dividend payout against statutory NPAT.

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The setup & the reality

HY26 Follow-through

This section starts once there are at least two briefings for the company, so the latest result can be checked against what the previous briefing said to watch.

Expectations tracker

Once a second briefing exists for this company, this section will compare the latest result with what the previous briefing said to watch.

Archive

Briefing archive

Every published Annolyse briefing for this company appears here in reverse chronological order.

HY26 · Released 20 November 2025

Borrowings cut 76% via Highbrook Fund deal as PBT grew 17.1%

A 0.6% effective tax rate lifted NPAT 35.8%, but the cleaner 17.1% PBT growth and 5.2% like-for-like rental uplift set the operating read.

Read briefing→

Related insights

Compare this company

The latest GMT metrics also appear in these cross-company views.

Insight

Earnings quality and statutory distortions

PBT and NPAT growth diverged by 18.7pp, with a distortion flag in the result.

Open insight→

Insight

Dividend coverage and payout pressure

Dividend payout versus NPAT is 42.4%.

Open insight→

Insight

Revenue growth context

Revenue growth was 10.4% for this reporting period.

Open insight→

Get notified when GMT publishes

Get the next Goodman Property Trust result briefing and five-year history updates by email.