profit from every £100 of sales.
£0£100
Merchants Trust Ord
£6.82-0.15% today
+25.4% in 1 year
1-year low £5.441-year high £6.88
Trading close to its highest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
0%20% a year
You pay £6.17 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 Merchants Trust Ord sold, what it kept, and what it did with the cash.
Sales went from £43.8 million in 2023 to £165 million in 2026, with £162 million of profit last year.
SalesProfit
Merchants Trust Ord handed back 74% of the cash it generated last year.
£43M
Free cash flow 2026£64M
Bought back its own shares£4M
Paid as dividends£43M
Cash vs. debt£26M vs. £116M
AI analysis
An AI analyst reads Merchants Trust Ord'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 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 44 | -27 | 107 | 165 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – | |
| 40 | -30 | 104 | 162 | |
| 0.30 | -0.21 | 0.70 | – | |
| – | – | – | – | |
| – | – | – | – | |
| 91.7% | 111.8% | 97.3% | 98.2% |
Balance sheet
| In millions of GBP | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 923 | 899 | 972 | 1,084 |
| Cash | 11 | 23 | 16 | 26 |
| Total debt | 108 | 108 | 116 | 116 |
| Total liabilities | 111 | 112 | 122 | 119 |
| 812 | 788 | 850 | 964 | |
| 135 | 146 | 148 | – | |
| – | – | – | – | |
| 4.9% | -3.8% | 12.3% | 16.8% |
Cash flow
| In millions of GBP | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| -53 | 11 | 33 | 64 | |
| – | – | – | – | |
| -53 | 11 | 33 | 64 | |
| Dividends paid | 36 | 41 | 43 | 43 |
| – | – | 0 | 4 | |
| – | – | – | – |
Valuation
- 6.2×
- –
- –
- 1.0×
- 6.1×
- 15.6×
- –
- 6.4%
- 16.2%
- 4.3%
Profitability
- –
- –
- 98.2%
- –
- –
- –
- –
- –
- –
- –
Growth
- +55.7%
- –
- –
- –
- +6.1%
Financial health
- –
- 0.12
- –
- –
- –
- –
- –
4.3%of the share price, paid each year
On $1,000 invested$43a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
26.7% of its profit
Room to growStretchedMore than it earns: 67.6%
News
First Merchants prices $100M subordinated notesSeeking Alpha · Sep 23, 2026How Farmers & Merchants Bancorp’s Dividend Hike Shapes FMCB’s Capital Return Strategy for InvestorsYahoo Finance · Aug 24, 2026The newest story we have is from Sep 23, 2026.
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 Merchants Trust Ord
Is Merchants Trust Ord a good stock to buy?
A strong, very profitable business, 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 Merchants Trust Ord AI analysis
Does Merchants Trust Ord pay a dividend?
Yes. At today's price the dividend is 4.3% a year, about 27% of its yearly profit. In 2026 it paid out £43.4 million in dividends.
How has Merchants Trust Ord stock done over the past year?
Up 25.4% over the past twelve months, to £6.82. It traded between £5.44 and £6.88, close to its high.
Prices: daily closes to Nov 10, 2026. Fundamentals: company reports via invest-like data.