profit from every £100 of sales.
£0£100
Workspace Group
£3.53-0.40% today
-15.6% in 1 year
1-year low £3.191-year high £4.30
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 £125.86 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 Workspace Group sold, what it kept, and what it did with the cash.
Sales went from £133 million in 2022 to £185 million in 2025, with £5.40 million of profit last year.
SalesProfit
Workspace Group handed back more cash to shareholders than it generated last year.
£56M
Free cash flow 2025£16M
Bought back its own shares–
Paid as dividends£56M
Cash vs. debt£25M vs. £876M
Workspace Group vs. similar companies
Workspace Group grows the fastest of these 5 and is the most expensive for its profits.
| Company | Profit from £100 of sales | Sales growth a year | Price per £1 of profit |
|---|---|---|---|
| Workspace Group | 125.9× · Very expensive | ||
 BXP | 41.6× · Expensive | ||
 MERLIN Properties SOCIMI | 9.2× · Cheap | ||
 Alexandria Real Estate Equities | No profit yet | ||
 Vornado Realty | 7.8× · Cheap |
AI analysis
An AI analyst reads Workspace Group'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 |
|---|---|---|---|---|
| 133 | 174 | 184 | 185 | |
| 87 | 117 | 126 | 122 | |
| 67 | 95 | 101 | 99 | |
| 146 | -3 | -157 | 39 | |
| 124 | -38 | -193 | 5 | |
| – | -0.20 | -1.00 | 0.03 | |
| 65.2% | 66.9% | 68.5% | 65.9% | |
| 50.7% | 54.6% | 54.7% | 53.3% | |
| 93.2% | -21.7% | -104.4% | 2.9% |
Balance sheet
| In millions of GBP | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 2,512 | 2,839 | 2,531 | 2,471 |
| Cash | 42 | 12 | 4 | 25 |
| Total debt | 627 | 944 | 890 | 876 |
| Total liabilities | 712 | 1,051 | 983 | 968 |
| 1,800 | 1,788 | 1,549 | 1,502 | |
| – | 192 | 193 | 194 | |
| 4.4% | -0.1% | -4.9% | 1.1% | |
| 6.9% | -2.1% | -12.4% | 0.4% |
Cash flow
| In millions of GBP | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 58 | 79 | 54 | 77 | |
| 31 | 60 | 73 | 61 | |
| 27 | 19 | -19 | 16 | |
| Dividends paid | 43 | 44 | 51 | 56 |
| 0 | 0 | – | – | |
| 2 | 1 | 3 | 3 |
Valuation
- 125.9×
- –
- –
- 0.4×
- 3.7×
- 43.8×
- 39.7×
- 2.3%
- 0.8%
- 8.3%
Profitability
- 65.9%
- 53.3%
- 2.9%
- –
- 1.1%
- 0.1%
- –
- –
- –
- –
Growth
- +11.7%
- –
- –
- –
- +2.1%
Financial health
- 22.1×
- 0.58
- –
- 1.2×
- 0.64
- –
- –
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 12%of 743
Top 34%of 749
Bottom 4%of 663
Top 32%of 759
Bottom 28%of 759
8.3%of the share price, paid each year
On $1,000 invested$83a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
1,042.6% of its profit
Room to growStretchedMore than it earns: 363.2%
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 Workspace Group
Is Workspace Group a good stock to buy?
A business with weak numbers, priced as if everything goes right. 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 Workspace Group AI analysis
What does Workspace Group do?
Workspace Group Plc is London's leading owner and operator of flexible workspace, currently managing 3.8 million sq. ft. of sustainable space at 57 locations in London and the Southeast. It is in REIT - Office, based in London, United Kingdom, with 301 employees.
Does Workspace Group pay a dividend?
Yes. At today's price the dividend is 8.3% a year. In 2025 it paid out £56.3 million in dividends.
Is Workspace Group stock halal?
No. Workspace Group does not pass our halal screen: its debt is 129% of its market value, at or above the 33% limit. How we check
How has Workspace Group stock done over the past year?
Down 15.6% over the past twelve months, to £3.53. It traded between £3.19 and £4.30 and is 18.0% below its high.
Who are Workspace Group'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 Workspace Group's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.