profit from every A$100 of sales.
![GOOD Group Stapled [GMG] logo](https://images.financialmodelingprep.com/symbol/GMG.AX.png)
GOOD Group Stapled [GMG]
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.
You pay A$35.57 for every A$1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What GOOD Group Stapled [GMG] sold, what it kept, and what it did with the cash.
Sales went from A$2.05 billion in 2022 to A$2.07 billion in 2025, with A$1.67 billion of profit last year.
GOOD Group Stapled [GMG] handed back 60% of the cash it generated last year.
GOOD Group Stapled [GMG] vs. similar companies
GOOD Group Stapled [GMG] grows the slowest of these 5 and is the most expensive for its profits.
| Company | Profit from A$100 of sales | Sales growth a year | Price per A$1 of profit |
|---|---|---|---|
GOOD Group Stapled [GMG] | 35.6× · Expensive | ||
W. P. Carey | 32.4× · Expensive | ||
Land Securities Group | 17.0× · Fair price | ||
Fibra UNO | 5.7× · Cheap | ||
Stockland | 13.3× · Cheap |
AI analysis
An AI analyst reads GOOD Group Stapled [GMG]'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 AUD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 2,048 | 1,941 | 1,922 | 2,069 | |
| 1,459 | 1,302 | 1,366 | 1,279 | |
| 835 | 627 | 465 | 504 | |
| 3,986 | 2,017 | 23 | 2,181 | |
| 3,414 | 1,560 | -99 | 1,666 | |
| 1.79 | 0.81 | -0.05 | 0.85 | |
| 71.3% | 67.1% | 71.1% | 61.8% | |
| 40.8% | 32.3% | 24.2% | 24.4% | |
| 166.7% | 80.4% | -5.1% | 80.6% |
Balance sheet
| In millions of AUD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 21,432 | 24,027 | 23,828 | 31,565 |
| Cash | 1,056 | 1,360 | 1,785 | 3,957 |
| Total debt | 2,903 | 3,361 | 3,723 | 5,275 |
| Total liabilities | 5,008 | 6,595 | 6,290 | 8,255 |
| 16,425 | 18,025 | 17,538 | 23,310 | |
| 1,909 | 1,919 | 1,897 | 1,975 | |
| 14.4% | 6.5% | 0.0% | 5.3% | |
| 20.8% | 8.7% | -0.6% | 7.1% |
Cash flow
| In millions of AUD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| – | – | – | – | |
| 6 | 13 | 11 | 6 | |
| 835 | 1,271 | 1,178 | 953 | |
| Dividends paid | 571 | 562 | 567 | 572 |
| – | – | – | – | |
| – | – | – | – |
Valuation
- 35.6×
- –
- –
- –
- 28.7×
- 62.2×
- 27.8×
- 1.6%
- 2.8%
- 1.0%
Profitability
- 61.8%
- 24.4%
- 80.6%
- –
- 5.3%
- 6.6%
- –
- –
- –
- –
Growth
- +0.3%
- −21.8%
- –
- –
- +1.1%
Financial health
- 0.6×
- 0.23
- –
- 6.8×
- 2.67
- –
- –
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.
How safe it looks
34.3% of its profit
Room to growStretchedMore than it earns: 60.0%
News
More Good News for Eli Lilly Sends the Stock Even HigherYahoo Finance · Nov 12, 2026Why Last Week's Market Sell-Off Was a Good ThingYahoo Finance · Nov 9, 2026The year’s most successful stock-market trades are unraveling — perhaps for goodMarketWatch · Nov 5, 2026An Anthropic IPO when the AI trade is this turbulent? Good luck!MarketWatch · Nov 5, 2026Ironically, the Blue Wave Could Make Hyperscalers “Good Businesses Again” by Forcing Capex DisciplineYahoo Finance · Nov 4, 2026Insider 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 GOOD Group Stapled [GMG]
Is GOOD Group Stapled [GMG] a good stock to buy?
A strong, very profitable business, but the price is high. 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 GOOD Group Stapled [GMG] AI analysis
What does GOOD Group Stapled [GMG] do?
Goodman Group is a provider of essential infrastructure. It owns, develops and manages high quality, sustainable logistics properties and data centres in major global cities, that are critical to the digital economy. It is in REIT - Diversified, based in Rosebery, NSW, Australia, with 1,030 employees.
Does GOOD Group Stapled [GMG] pay a dividend?
Yes. At today's price the dividend is 1.0% a year, about 34% of its yearly profit. In 2025 it paid out A$572 million in dividends.
Is GOOD Group Stapled [GMG] stock halal?
Questionable. GOOD Group Stapled [GMG] sits in a grey zone: interest is about 5.2% of its revenue, only just over the 5% limit. How we check
How has GOOD Group Stapled [GMG] stock done over the past year?
Down 2.0% over the past twelve months, to A$28.85. It traded between A$25.02 and A$32.70 and is 11.8% below its high.
Who are GOOD Group Stapled [GMG]'s competitors?
The largest listed companies in the same industry are W. P. Carey, Land Securities Group, Fibra UNO and Stockland. The peers table on this page compares their profit, growth and price with GOOD Group Stapled [GMG]'s.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.



