profit from every £100 of sales.
£0£100
Derwent London
£19.89+0.56% today
+7.9% in 1 year
1-year low £15.091-year high £21.46
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay £13.55 for every £1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Derwent London sold, what it kept, and what it did with the cash.
Sales went from £249 million in 2022 to £389 million in 2025, with £161 million of profit last year.
SalesProfit
Derwent London handed back more cash to shareholders than it generated last year.
£91M
Free cash flow 2025£69M
Bought back its own shares–
Paid as dividends£91M
Cash vs. debt£77M vs. £1.5B
Derwent London vs. similar companies
Derwent London grows the fastest of these 5 and is priced in the middle for its profits.
| Company | Profit from £100 of sales | Sales growth a year | Price per £1 of profit |
|---|---|---|---|
| Derwent London | 13.6× · Cheap | ||
 BXP | 41.0× · Expensive | ||
 MERLIN Properties SOCIMI | 9.3× · Cheap | ||
 Alexandria Real Estate Equities | No profit yet | ||
 Vornado Realty | 7.8× · Cheap |
AI analysis
An AI analyst reads Derwent London's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of GBP | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 249 | 266 | 278 | 389 | |
| 194 | 194 | 199 | 202 | |
| 157 | 154 | 158 | 162 | |
| -242 | -438 | 154 | 208 | |
| -281 | -476 | 116 | 161 | |
| -2.50 | -4.24 | 1.03 | 1.44 | |
| 77.7% | 72.7% | 71.6% | 51.8% | |
| 63.1% | 58.0% | 56.8% | 41.8% | |
| -112.5% | -179.1% | 41.7% | 41.4% |
Balance sheet
| In millions of GBP | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 5,509 | 5,028 | 5,214 | 5,314 |
| Cash | 27 | 14 | 15 | 77 |
| Total debt | 1,284 | 1,371 | 1,498 | 1,528 |
| Total liabilities | 1,434 | 1,519 | 1,674 | 1,698 |
| 4,076 | 3,509 | 3,540 | 3,615 | |
| 112 | 113 | 113 | 112 | |
| -3.4% | -6.7% | 2.3% | 3.0% | |
| -6.9% | -13.6% | 3.3% | 4.5% |
Cash flow
| In millions of GBP | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 111 | 97 | 65 | 228 | |
| 123 | 152 | 142 | 159 | |
| -11 | -55 | -77 | 69 | |
| Dividends paid | 87 | 89 | 90 | 91 |
| – | – | – | – | |
| 2 | 3 | 3 | 2 |
Valuation
- 13.6×
- –
- –
- 0.6×
- 5.6×
- 31.7×
- 17.5×
- 3.2%
- 7.4%
- 4.2%
Profitability
- 51.8%
- 41.8%
- 41.4%
- –
- 3.0%
- -1.2%
- –
- –
- –
- –
Growth
- +16.0%
- –
- –
- –
- −0.0%
Financial health
- 7.0×
- 0.42
- –
- 4.5×
- 0.53
- –
- –
How it ranks in Real Estate
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 32%of 744
Top 48%of 750
Top 41%of 665
Top 22%of 760
Bottom 32%of 761
4.2%of the share price, paid each year
On $1,000 invested$42a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
56.4% of its profit
Room to growStretchedMore than it earns: 131.8%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
Not enough data
Questions about Derwent London
Is Derwent London a good stock to buy?
A business with weak numbers, and the price looks low. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Derwent London AI analysis
What does Derwent London do?
Derwent London Plc owns a commercial real estate portfolio predominantly in central London valued at 5.1 billion pounds as of 31 December 2025. It is the largest London office-focused real estate investment trust (REIT). It is in REIT - Office, based in London, United Kingdom, with 206 employees.
Does Derwent London pay a dividend?
Yes. At today's price the dividend is 4.2% a year, about 56% of its yearly profit. In 2025 it paid out £90.8 million in dividends.
Is Derwent London stock halal?
No. Derwent London does not pass our halal screen: its debt is 70% of its market value, at or above the 33% limit. How we check
How has Derwent London stock done over the past year?
Up 7.9% over the past twelve months, to £19.89. It traded between £15.09 and £21.46 and is 7.3% below its high.
Who are Derwent London's competitors?
The largest listed companies in the same industry are BXP, MERLIN Properties SOCIMI, Alexandria Real Estate Equities and Vornado Realty. The peers table on this page compares their profit, growth and price with Derwent London's.
Prices: daily closes to Nov 12, 2026. Fundamentals: company reports via invest-like data.