profit from every A$100 of sales.
A$0A$100
Vicinity Centres
A$2.45+0.41% today
-0.4% in 1 year
1-year low A$2.221-year high A$2.72
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 A$11.41 for every A$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 Vicinity Centres sold, what it kept, and what it did with the cash.
Sales went from A$1.18 billion in 2022 to A$1.32 billion in 2025, with A$1.00 billion of profit last year.
SalesProfit
Vicinity Centres handed back 80% of the cash it generated last year.
A$516M
Free cash flow 2025A$645M
Bought back its own shares–
Paid as dividendsA$516M
Cash vs. debtA$81M vs. A$4.9B
Vicinity Centres vs. similar companies
Vicinity Centres grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from A$100 of sales | Sales growth a year | Price per A$1 of profit |
|---|---|---|---|
| Vicinity Centres | 11.4× · Cheap | ||
 Simon Property Group | 19.2× · Fair price | ||
 Realty Income | 53.7× · Expensive | ||
 Kimco Realty | 29.1× · Fair price | ||
 Unibail-Rodamco-Westfield | 10.6× · Cheap |
AI analysis
An AI analyst reads Vicinity Centres'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 |
|---|---|---|---|---|
| 1,180 | 1,275 | 1,317 | 1,322 | |
| 854 | 925 | 939 | 945 | |
| 665 | 784 | 762 | 766 | |
| 1,372 | 447 | 736 | 1,208 | |
| 1,215 | 272 | 547 | 1,005 | |
| 0.27 | 0.06 | 0.12 | 0.22 | |
| 72.4% | 72.6% | 71.3% | 71.5% | |
| 56.4% | 61.5% | 57.8% | 58.0% | |
| 103.0% | 21.3% | 41.5% | 76.0% |
Balance sheet
| In millions of AUD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 15,553 | 15,585 | 15,726 | 16,343 |
| Cash | 56 | 193 | 50 | 81 |
| Total debt | 4,142 | 4,461 | 4,622 | 4,854 |
| Total liabilities | 4,668 | 4,947 | 5,087 | 5,215 |
| 10,885 | 10,638 | 10,639 | 11,128 | |
| 4,562 | 4,563 | 4,563 | 4,568 | |
| 6.4% | 2.0% | 3.4% | 5.3% | |
| 11.2% | 2.6% | 5.1% | 9.0% |
Cash flow
| In millions of AUD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| – | – | – | – | |
| 2 | 1 | 1 | 6 | |
| 588 | 701 | 690 | 645 | |
| Dividends paid | 514 | 521 | 551 | 516 |
| – | – | – | – | |
| – | – | – | – |
Valuation
- 11.4×
- –
- –
- 0.9×
- 8.7×
- 17.8×
- 13.4×
- 5.6%
- 8.8%
- 4.5%
Profitability
- 71.5%
- 58.0%
- 76.0%
- –
- 6.5%
- 4.3%
- –
- –
- –
- –
Growth
- +3.9%
- −6.2%
- –
- –
- +0.4%
Financial health
- 3.1×
- 0.41
- –
- 8.1×
- 0.42
- –
- –
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.
Top 27%of 746
Top 27%of 752
Top 32%of 666
Bottom 35%of 762
Top 50%of 763
4.5%of the share price, paid each year
On $1,000 invested$45a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
51.4% of its profit
Room to growStretchedMore than it earns: 80.1%
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 Vicinity Centres
Is Vicinity Centres 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 Vicinity Centres AI analysis
What does Vicinity Centres do?
Vicinity Centres (Vicinity or the Group) is one of Australia's leading retail property groups. It is in REIT - Retail, based in Chadstone, VIC, Australia, with 1,246 employees.
Does Vicinity Centres pay a dividend?
Yes. At today's price the dividend is 4.5% a year, about 51% of its yearly profit. In 2025 it paid out A$516 million in dividends.
Is Vicinity Centres stock halal?
No. Vicinity Centres does not pass our halal screen: its debt is 42% of its market value, at or above the 33% limit. How we check
How has Vicinity Centres stock done over the past year?
Down 0.4% over the past twelve months, to A$2.45. It traded between A$2.22 and A$2.72 and is 9.9% below its high.
Who are Vicinity Centres's competitors?
The largest listed companies in the same industry are Simon Property Group, Realty Income, Kimco Realty and Unibail-Rodamco-Westfield. The peers table on this page compares their profit, growth and price with Vicinity Centres's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.