profit from every A$100 of sales.
A$0A$100
Waypoint REIT
A$2.31-0.86% today
-12.2% in 1 year
1-year low A$2.021-year high A$2.67
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$7.54 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 Waypoint REIT sold, what it kept, and what it did with the cash.
Sales went from A$168 million in 2022 to A$163 million in 2025, with A$200 million of profit last year.
SalesProfit
Waypoint REIT handed back more cash to shareholders than it generated last year.
Buybacks A$50MA$110M
Free cash flow 2025A$111M
Bought back its own sharesA$50M
Paid as dividendsA$110M
Cash vs. debtA$14M vs. A$933M
Waypoint REIT vs. similar companies
Waypoint REIT grows in the middle of these 5 and is the cheapest for its profits.
| Company | Profit from A$100 of sales | Sales growth a year | Price per A$1 of profit |
|---|---|---|---|
| Waypoint REIT | 7.5× · Cheap | ||
 Equinix | 77.3× · Very expensive | ||
 American Tower | 35.1× · Expensive | ||
 Digital Realty | 53.0× · Expensive | ||
 Crown Castle | 87.0× · Very expensive |
AI analysis
An AI analyst reads Waypoint REIT'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 |
|---|---|---|---|---|
| 168 | 163 | 164 | 163 | |
| 168 | 163 | 164 | 163 | |
| 158 | 153 | 154 | 152 | |
| 167 | -40 | 177 | 249 | |
| 134 | -79 | 132 | 200 | |
| 0.19 | -0.12 | 0.20 | 0.30 | |
| 100.0% | 100.0% | 100.0% | 100.0% | |
| 93.6% | 93.8% | 94.0% | 93.4% | |
| 79.5% | -48.4% | 80.2% | 123.1% |
Balance sheet
| In millions of AUD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 2,988 | 2,798 | 2,825 | 2,881 |
| Cash | 14 | 13 | 15 | 14 |
| Total debt | 885 | 893 | 917 | 933 |
| Total liabilities | 960 | 965 | 970 | 986 |
| 2,028 | 1,833 | 1,855 | 1,894 | |
| 705 | 672 | 673 | 664 | |
| 4.0% | -1.0% | 4.5% | 6.2% | |
| 6.6% | -4.3% | 7.1% | 10.6% |
Cash flow
| In millions of AUD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| – | – | – | – | |
| – | – | – | – | |
| 116 | 109 | 111 | 111 | |
| Dividends paid | 119 | 110 | 111 | 110 |
| 130 | – | – | 50 | |
| – | – | – | – |
Valuation
- 7.5×
- –
- 0.45
- 0.9×
- 9.3×
- 13.6×
- 9.8×
- 7.4%
- 13.3%
- 7.3%
Profitability
- 100.0%
- 93.4%
- 123.1%
- –
- 6.2%
- 3.4%
- –
- –
- –
- –
Growth
- −1.1%
- +16.7%
- –
- –
- −2.0%
Financial health
- –
- 0.49
- –
- 5.1×
- 0.60
- –
- –
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 29%of 743
Top 1%of 749
Top 14%of 663
Bottom 16%of 759
Top 37%of 759
7.3%of the share price, paid each year
On $1,000 invested$73a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
55.1% of its profit
Room to growStretchedMore than it earns: 99.3%
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 Waypoint REIT
Is Waypoint REIT 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 Waypoint REIT AI analysis
What does Waypoint REIT do?
Waypoint REIT is Australia's largest listed REIT owning solely fuel and convenience (F&C) retail properties. It has a high-quality portfolio of 395 assets across Australia as at 31 December 2025. It is in REIT - Specialty, based in Melbourne, VIC, Australia.
Does Waypoint REIT pay a dividend?
Yes. At today's price the dividend is 7.3% a year, about 55% of its yearly profit. In 2025 it paid out A$110 million in dividends.
Is Waypoint REIT stock halal?
No. Waypoint REIT does not pass our halal screen: its debt is 62% of its market value, at or above the 33% limit. How we check
How has Waypoint REIT stock done over the past year?
Down 12.2% over the past twelve months, to A$2.31. It traded between A$2.02 and A$2.67 and is 13.5% below its high.
Who are Waypoint REIT's competitors?
The largest listed companies in the same industry are Equinix, American Tower, Digital Realty and Crown Castle. The peers table on this page compares their profit, growth and price with Waypoint REIT's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.