Dexus (DXS.AX) Stock Price

Dexus Price

ASX·CLOSED
5.78AUD-0.10 (-1.63 %)
Market closed

Revenue at Dexus has contracted by 2.1% per year over the past 19 years to 951.20 M AUD. Earnings per share have declined at 13.3% per year over the last 19 years. Dexus's net margin stands at 16.5%, down from 112.1% several years earlier. Dexus currently offers a dividend yield of about 6.45%. The payout ratio is around 270% of earnings. The dividend has grown at 6.6% per year over the past 19 years. Analysts set a median price target of 7.53 AUD, implying 30.1% above the current price. Of 16 analysts, 3 rate the stock a buy — an overall Sell consensus. The stock trades about 9% above its 52-week low.

Dexus stock price

Volume
Ex-Dividend
Details

Stock Price

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How to Read This Chart

This chart tracks the historical stock price of Dexus over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Dexus stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Dexus's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Dexus Stock Price History
DateDexus Price
8/17/20265.78 AUD
8/14/20265.88 AUD
8/13/20265.96 AUD
8/12/20266.02 AUD
8/11/20266.07 AUD
8/10/20266.03 AUD
8/7/20266.06 AUD
8/6/20266.11 AUD
8/5/20266.06 AUD
8/4/20266.07 AUD
8/3/20265.99 AUD
7/31/20265.99 AUD
7/30/20265.94 AUD
7/29/20266.00 AUD
7/28/20265.87 AUD
7/27/20265.72 AUD
7/24/20265.64 AUD
7/23/20265.67 AUD
7/22/20265.72 AUD
7/21/20265.78 AUD
7/20/20265.76 AUD
7/17/20265.76 AUD
7/16/20265.67 AUD
7/15/20265.64 AUD
7/14/20265.68 AUD
7/13/20265.64 AUD
7/10/20265.61 AUD
7/9/20265.61 AUD
7/8/20265.65 AUD
7/7/20265.53 AUD
7/6/20265.49 AUD
7/3/20265.49 AUD
7/2/20265.41 AUD
7/1/20265.43 AUD
6/30/20265.51 AUD
6/29/20265.47 AUD
6/26/20265.74 AUD
6/25/20265.76 AUD
6/24/20265.69 AUD
6/23/20265.72 AUD
6/22/20265.78 AUD
6/19/20265.80 AUD
6/18/20265.76 AUD
6/17/20265.86 AUD
6/16/20265.91 AUD
6/15/20265.99 AUD
6/12/20265.91 AUD
6/11/20265.76 AUD
6/10/20265.68 AUD
6/9/20265.57 AUD
6/5/20265.49 AUD
6/4/20265.39 AUD
6/3/20265.33 AUD
6/2/20265.39 AUD
6/1/20265.55 AUD
5/29/20265.61 AUD
5/28/20265.93 AUD
5/27/20265.99 AUD
5/26/20266.05 AUD
5/25/20266.07 AUD
5/22/20266.09 AUD
5/21/20266.14 AUD
5/20/20266.01 AUD
5/19/20266.08 AUD
5/18/20265.97 AUD
5/15/20266.01 AUD
5/14/20265.99 AUD
5/13/20266.00 AUD
5/12/20265.99 AUD
5/11/20266.06 AUD
5/8/20266.11 AUD
5/7/20266.23 AUD
5/6/20266.17 AUD
5/5/20266.09 AUD
5/4/20266.26 AUD
5/1/20266.26 AUD
4/30/20266.23 AUD
4/29/20266.18 AUD
4/28/20266.12 AUD
4/27/20266.17 AUD
4/24/20266.20 AUD
4/23/20266.17 AUD
4/22/20266.20 AUD
4/21/20266.18 AUD
4/20/20266.14 AUD
4/17/20266.12 AUD
4/16/20266.09 AUD
4/15/20266.03 AUD
4/14/20265.97 AUD
4/13/20265.95 AUD
4/10/20265.97 AUD
4/9/20265.91 AUD
4/8/20265.92 AUD
4/7/20265.92 AUD
4/2/20265.85 AUD
3/27/20265.97 AUD
3/26/20266.01 AUD
3/25/20266.04 AUD
3/24/20265.97 AUD
3/23/20265.94 AUD
3/20/20265.96 AUD
3/19/20265.96 AUD
3/18/20266.10 AUD
3/17/20266.08 AUD
3/16/20266.07 AUD
3/13/20266.09 AUD
3/12/20266.09 AUD
3/11/20266.24 AUD
3/9/20266.22 AUD
3/6/20266.42 AUD
3/5/20266.45 AUD
2/26/20266.67 AUD
2/25/20266.60 AUD
2/24/20266.56 AUD
2/23/20266.65 AUD
2/20/20266.68 AUD
2/19/20266.58 AUD
2/18/20266.75 AUD
2/17/20266.31 AUD
2/16/20266.31 AUD
2/13/20266.21 AUD
2/12/20266.32 AUD
2/11/20266.43 AUD
2/10/20266.44 AUD
2/9/20266.45 AUD
2/6/20266.42 AUD
2/5/20266.55 AUD
2/4/20266.62 AUD
2/3/20266.71 AUD
2/2/20266.66 AUD
1/30/20266.72 AUD
1/29/20266.72 AUD
1/28/20266.75 AUD
1/27/20266.75 AUD
1/23/20266.78 AUD
1/22/20266.91 AUD
1/21/20266.85 AUD
1/20/20266.95 AUD
1/19/20266.93 AUD
1/16/20266.97 AUD
1/14/20266.93 AUD
1/13/20266.92 AUD
1/12/20266.93 AUD
1/9/20266.95 AUD
1/8/20266.96 AUD
1/7/20266.94 AUD
1/6/20266.88 AUD
1/5/20266.96 AUD
1/2/20266.94 AUD
12/31/20256.98 AUD
12/30/20257.01 AUD
12/29/20257.10 AUD
12/24/20257.12 AUD
12/23/20257.16 AUD
12/22/20257.12 AUD
12/19/20257.17 AUD
12/18/20257.13 AUD
12/17/20257.04 AUD
12/16/20256.92 AUD
12/15/20256.97 AUD
12/12/20256.96 AUD
12/11/20257.01 AUD
12/10/20257.02 AUD
12/9/20257.13 AUD
12/8/20257.11 AUD
12/5/20257.07 AUD
12/4/20257.08 AUD
12/3/20257.37 AUD
12/2/20257.37 AUD
12/1/20257.19 AUD
11/28/20257.14 AUD
11/27/20257.21 AUD
11/26/20257.24 AUD
11/25/20257.34 AUD
11/24/20257.40 AUD
11/21/20257.13 AUD
11/20/20257.20 AUD
11/19/20257.18 AUD
11/18/20257.14 AUD
11/17/20257.19 AUD
11/14/20257.15 AUD
11/13/20257.25 AUD
11/12/20257.42 AUD
11/11/20257.32 AUD
11/10/20257.25 AUD
11/7/20257.20 AUD
11/6/20257.14 AUD
11/5/20257.13 AUD
11/4/20257.16 AUD
11/3/20257.22 AUD
10/31/20257.28 AUD
10/30/20257.29 AUD
10/29/20257.61 AUD
10/28/20257.73 AUD
10/27/20257.62 AUD
10/24/20257.65 AUD
10/23/20257.58 AUD
10/22/20257.49 AUD
10/21/20257.48 AUD
10/20/20257.50 AUD
10/17/20257.41 AUD
10/16/20257.44 AUD
10/15/20257.34 AUD
10/14/20257.32 AUD
10/13/20257.32 AUD
10/10/20257.24 AUD
10/9/20257.20 AUD
10/8/20257.21 AUD
10/7/20257.22 AUD
10/6/20257.29 AUD
10/3/20257.27 AUD
10/2/20257.22 AUD
10/1/20257.18 AUD
9/30/20257.19 AUD
9/29/20257.13 AUD
9/26/20257.14 AUD
9/25/20257.18 AUD
9/24/20257.17 AUD
9/23/20257.25 AUD
9/22/20257.22 AUD
9/19/20257.29 AUD
9/17/20257.30 AUD
9/16/20257.38 AUD
9/15/20257.38 AUD
9/12/20257.33 AUD
9/11/20257.24 AUD
9/10/20257.22 AUD
9/9/20257.29 AUD
9/8/20257.31 AUD
9/5/20257.35 AUD
9/4/20257.34 AUD
9/3/20257.30 AUD
9/2/20257.40 AUD
9/1/20257.54 AUD
8/29/20257.54 AUD
8/28/20257.55 AUD
8/27/20257.52 AUD
8/26/20257.51 AUD
8/25/20257.60 AUD
8/22/20257.54 AUD
8/21/20257.49 AUD
8/20/20257.45 AUD
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Dexus Revenue, EBIT, Net Income

  • 3 Years

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  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2023
848.40 M AUD
428.00 M AUD
-752.70 M AUD
Jan 1, 2024
902.20 M AUD
331.10 M AUD
-1.58 B AUD
Jan 1, 2025
951.20 M AUD
379.90 M AUD
156.50 M AUD
Jan 1, 2026 (e)
839.55 M AUD
106.91 M AUD
708.17 M AUD
Jan 1, 2027 (e)
805.90 M AUD
102.62 M AUD
654.49 M AUD
Jan 1, 2028 (e)
890.97 M AUD
113.45 M AUD
691.14 M AUD
Jan 1, 2029 (e)
885.03 M AUD
112.70 M AUD
708.22 M AUD
Jan 1, 2030 (e)
937.81 M AUD
119.42 M AUD
759.58 M AUD

Dexus Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 19, 2026, 11:26 AM
 
REVENUEB AUD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB AUD
EBITB AUD
EBIT MARGIN%
NET INCOMEB AUD
NET INCOME GROWTH%
DIV.AUD
DIV. GROWTH%
SHARESB
201520162017201820192020202120222023202420252026e2027e2028e2029e2030e
0.860.870.880.840.800.991.020.870.850.900.950.840.810.890.890.94
22.750.821.85-4.65-5.3624.652.42-13.89-2.976.375.43-11.78-4.0510.56-0.565.88
63.2969.1365.1571.7974.2160.8559.7067.8576.6574.0676.8776.8776.8776.8776.8776.87
0.540.600.570.600.590.600.610.590.650.670.730.640.620.680.680.72
0.460.510.480.500.470.450.460.410.430.330.380.110.100.110.110.12
53.2658.6153.9259.1758.9945.6145.6246.5750.4736.7039.8512.6312.6712.7012.6612.70
0.621.261.261.731.280.971.141.62-0.75-1.580.160.710.650.690.710.76
52.22103.720.4036.71-25.87-24.1217.0841.92-146.56110.51-109.85353.85-7.635.662.467.20
0.440.430.500.530.520.540.530.550.520.420.370.390.390.39––
91.30-2.2716.286.00-1.893.85-1.853.77-5.45-19.23-11.905.41––––
0.920.970.971.021.041.121.111.101.081.081.131.131.131.131.131.13
Details

Income Statement Key Figures

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Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Dexus generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Dexus retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Dexus's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Dexus has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Dexus's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Dexus stock margins

The Dexus margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Dexus. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Dexus.

  • 3 Years

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  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
59.67 %
45.58 %
112.06 %
Jan 1, 2022
67.89 %
46.61 %
184.82 %
Jan 1, 2023
76.66 %
50.45 %
-88.72 %
Jan 1, 2024
74.06 %
36.70 %
-175.55 %
Jan 1, 2025
76.88 %
39.94 %
16.45 %
Jan 1, 2026 (e)
76.88 %
12.73 %
84.35 %
Jan 1, 2027 (e)
76.88 %
12.73 %
81.21 %
Jan 1, 2028 (e)
76.88 %
12.73 %
77.57 %

Dexus Stock Revenue, EBIT, Earnings per Share

The Dexus earnings per share therefore indicates how much revenue Dexus has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.

  • 3 Years

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  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
0.91 AUD
0.42 AUD
1.02 AUD
Jan 1, 2022
0.79 AUD
0.37 AUD
1.46 AUD
Jan 1, 2023
0.79 AUD
0.40 AUD
-0.70 AUD
Jan 1, 2024
0.84 AUD
0.31 AUD
-1.47 AUD
Jan 1, 2025
0.84 AUD
0.34 AUD
0.14 AUD
Jan 1, 2026 (e)
0.74 AUD
0.09 AUD
0.62 AUD
Jan 1, 2027 (e)
0.71 AUD
0.09 AUD
0.58 AUD
Jan 1, 2028 (e)
0.79 AUD
0.10 AUD
0.61 AUD

Dexus business model & stock analysis

Dexus is an Australian company that was founded in 2004 as a merger of two real estate companies. The company focuses on property management and development, as well as leasing and selling commercial properties. Dexus operates a portfolio of properties worth several billion Australian dollars. The portfolio includes offices, retail stores, and industrial buildings in Australian cities such as Sydney, Melbourne, Brisbane, Perth, and Adelaide. Dexus' core business is centered around leasing office and retail spaces to companies in Australia. The company also offers asset management services to real estate investors looking to optimize their portfolios. Dexus provides a wide range of products and services in the real estate sector. The company operates in various sectors, including office properties, retail properties, and industrial properties. Dexus' office properties include some of the most prestigious buildings in Australia, such as the Gateway Building in Sydney and the Deutsche Bank Place in Sydney. The company offers tenants flexible office spaces as well as co-working spaces. Dexus' retail properties include shopping centers, storefronts, and commercial spaces in high street locations in Australia. Dexus owns and operates some of the largest shopping centers in Australia, including Westfield Parramatta in Sydney and Chadstone Shopping Centre in Melbourne. Dexus' industrial properties include warehouses, logistics centers, and factories in Australia. Dexus offers its clients tailored storage and logistics solutions, as well as production spaces. Dexus pursues a sustainable business strategy and aims to be carbon neutral by 2030. The company focuses on reducing energy consumption in its buildings and utilizing renewable energy. Dexus also has a strong presence in the Australian real estate fund market. The company offers a range of funds that invest in different types of properties, including office properties, retail properties, and industrial properties. The success of Dexus is based on its ability to meet the needs of its customers. The company is innovative and flexible, and is committed to providing its customers with the best possible solutions. Overall, Dexus is a leading real estate company in Australia that offers a wide range of real estate services. The company has a strong presence in the Australian market and will continue to be a major player in the Australian real estate industry in the future.

Dexus SWOT Analysis

Strengths

Dexus possesses a robust and well-diversified property portfolio consisting of high-quality assets across various sectors such as office, industrial, and retail. This diversity helps to mitigate risks and provides stable and consistent rental income.

The company has a strong financial position, with a proven track record of delivering solid financial results. Its consistent profitability, healthy cash flows, and low debt levels contribute to financial stability and provide the capacity for future growth and investment opportunities.

Dexus strategically acquires and develops properties in prime locations, including major Australian cities. This advantageous positioning enhances the attractiveness of its portfolio to tenants and drives higher occupancy rates, rental growth, and overall property value.

Weaknesses

As Dexus operates in the property sector, it is susceptible to fluctuations in the real estate market. A significant portion of its property portfolio is exposed to economic and market conditions, which may impact occupancy rates, rental income, and valuation.

The company's performance heavily relies on tenant demand for office and retail space. Economic downturns or changes in business dynamics may result in decreased demand, leading to higher vacancy rates or downward pressure on rental prices.

While Dexus has a strong presence in Australia, it has limited international exposure. This lack of diversification in geographical markets may pose a risk if domestic market conditions deteriorate, as the company may face limited growth opportunities beyond the Australian market.

Opportunities

Dexus can capitalize on infrastructure development initiatives, such as transport and urban renewal projects, which drive demand for commercial properties. Active participation in such projects can create new investment opportunities and strengthen its portfolio.

Advancements in technology and changing work environments, such as flexible working arrangements and digital transformation, present opportunities for Dexus to adapt its properties and services to cater to evolving tenant needs and preferences.

The growing focus on sustainability and environmental responsibility provides an opportunity for Dexus to invest in eco-friendly properties and implement sustainable practices. This can attract environmentally conscious tenants and enhance the long-term value and marketability of its portfolio.

Threats

Dexus is exposed to economic downturns, fluctuations in interest rates, and market volatility, which can negatively impact property values, rental income, and demand. Unfavorable economic conditions can lead to reduced business activities and tenant bankruptcies.

The property industry in Australia is highly competitive, with numerous players vying for tenants and seeking prime properties. Increased competition may lead to higher incentive offerings, lower rental yields, and reduced occupancy rates, affecting Dexus' profitability.

Changes in regulations, tax policies, and legal frameworks impacting the property sector can introduce uncertainties and compliance burdens. Non-compliance or legal disputes may result in financial penalties, reputational damage, or disruptions to operations for Dexus.

Dexus Eulerpool Fair Value

Details

Fair Value Estimate

ⓘ

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Dexus historical P/E ratio, EBIT multiple, and P/S ratio

Dexus annual returns

Details

Annual Return

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What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Dexus shares outstanding

The number of shares of Dexus was 1.13 B in 2025. This indicates how many shares Dexus is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

  • 3 Years

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  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
1.11 B Stocks
Jan 1, 2022
1.10 B Stocks
Jan 1, 2023
1.08 B Stocks
Jan 1, 2024
1.08 B Stocks
Jan 1, 2025
1.13 B Stocks
Jan 1, 2026 (e)
1.13 B Stocks
Jan 1, 2027 (e)
1.13 B Stocks
Jan 1, 2028 (e)
1.13 B Stocks

Dexus stock splits

In Dexus's history, there have been no stock splits.

Dexus Dividend History

22 years of dividend payments

YearAnnual DividendYoY ChangePayments
20250.37AUD↓ 11.0%2×
Jun 27, 20250.18AUD↓ 5.3%1/2
Dec 30, 20250.19AUD↑ 7.2%2/2
20240.42AUD↓ 19.9%2×
20230.52AUD↓ 5.3%2×
20220.55AUD↑ 4.2%2×
20210.53AUD↓ 2.0%2×
20200.54AUD↑ 4.1%2×
20190.52AUD↓ 2.7%2×
20180.53AUD↑ 7.7%2×
20170.50AUD↑ 14.5%2×
20160.43AUD↓ 2.6%2×

Dexus dividend history and estimates

In 2025, Dexus paid a dividend amounting to 0.37 AUD. Dividend means that Dexus distributes a portion of its profits to its owners.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2021
0.53 AUD
0.00 AUD
Jan 1, 2022
0.55 AUD
0.00 AUD
Jan 1, 2023
0.52 AUD
0.00 AUD
Jan 1, 2024
0.42 AUD
0.00 AUD
Jan 1, 2025
0.37 AUD
0.00 AUD
Jan 1, 2026 (e)
0.19 AUD
0.19 AUD
Jan 1, 2027 (e)
0.00 AUD
0.39 AUD
Jan 1, 2028 (e)
0.00 AUD
0.39 AUD

Dexus dividend payout ratio

In 2025, Dexus had a payout ratio of 270.29%. The payout ratio indicates the percentage of the company's profits that Dexus distributes as dividends.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
50.00 %
Jan 1, 2022
35.86 %
Jan 1, 2023
-71.88 %
Jan 1, 2024
-27.37 %
Jan 1, 2025
270.29 %
Jan 1, 2026 (e)
61.79 %
Jan 1, 2027 (e)
66.86 %
Jan 1, 2028 (e)
63.32 %

Current Dexus forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
2.77 %
Buy
18.75 % (3)
Hold
37.50 % (6)
Sell
43.75 % (7)
12M Price Target
7.53
Last Price
5.76
Currency
AUD
12M Return Potential
30.69 %
LTM Return
0 %

Dexus Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
2/12/20240.32AUD-375.72 MAUD-2024 Q2
8/14/20230.35AUD-426.30 MAUD-2023 Q4
2/13/20230.35AUD-431.37 MAUD-2023 Q2
8/17/20220.34AUD--AUD-2022 Q4
2/15/20220.34AUD--AUD-2022 Q2
8/17/20210.31AUD--AUD-2021 Q4
2/9/20210.26AUD-554.23 MAUD-2021 Q2
8/19/20200.30AUD-554.56 MAUD-2020 Q4
2/6/20200.30AUD-673.96 MAUD-2020 Q2
8/14/20190.25AUD--AUD-2019 Q4

EESG©

Eulerpool ESG Scorecard© for the Dexus stock

89/100
99
Environment
99
Social
70
Governance
E

Environment

20
Scope 1 - Direct Emissions10,360
Scope 2 - Indirect emissions from purchased energy104,093
Scope 3 - Indirect emissions within the value chain39,557
Total CO₂ emissions114,453
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather—
Pesticides—
Palm Oil—
Tobacco
Genetically modified organisms
Climate concept—
Sustainable forestry—
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees57
Percentage of women in management—
Percentage of Asian employees—
Share of Asian management—
Percentage of Hispanic/Latino employees—
Hispano/Latino Management share—
Percentage of Black employees—
Black Management Share—
Percentage of white employees—
White Management Share—
Adult content
Alcohol
Weapons—
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept—
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Dexus shareholder structure

% Name
3.17391%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
2.15380%
MLC Asset Management
MLC Asset Management
0.77320%
Jupiter Asset Management Ltd.
Jupiter Asset Management Ltd.
0.66517%
Newton Investment Management Ltd.
Newton Investment Management Ltd.
0.64861%
Dimensional Fund Advisors, Ltd.
Dimensional Fund Advisors, Ltd.
0.42670%
BetaShares Capital Ltd.
BetaShares Capital Ltd.
...

Dexus Beneficial Ownership Filings (SEC 13D/G)

Free Float
98.6%
Float Shares
-
Shares Outstanding
-

Dexus Executives and Management Board

18 members · avg. age 64 · 39 % women

RV

Mr. Ross Du Vernet

Group Chief Executive Officer, Managing Director, Executive Director · since 2012

2.48 M AUD

Management

KB

Ms. Keir Barnes

Chief Financial Officer

1.56 M AUD
MB

Ms. Melanie Bourke

Chief Operating Officer

–
MB

Ms. Marjan van Der Burg

Chief People Officer

–
JH

Mr. Jonathan Hedger

Chief Investment Officer

–
BC

Mr. Brett Cameron

General Counsel, Joint Company Secretary

–
AC

Mr. Andy Collins

Executive General Manager - Office

–

Board of Directors

WN

Mr. Warwick Negus

Independent Non-Executive Chairman of the Board

490,000.00 AUD
MF

Mr. Mark Ford

Non-Executive Independent Director

282,050.00 AUD
ER

Ms. Elana Rubin

Non-Executive Independent Director

266,463.00 AUD
PD

Ms. Paula Dwyer

Non-Executive Independent Director

232,050.00 AUD
TR

The Hon. Nicola Roxon

Non-Executive Independent Director

232,050.00 AUD
RP

Ms. Rhoda Phillippo

Non-Executive Independent Director

215,882.00 AUD

Dexus Supply Chain

Dexus Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
18 companies
#Nameβ 1YTrend
1
Commonwealth Bank of Australia
Customer·Banks·AU
0.39
-0.03
0.32
0.29
0.25
0.87
0.36
2
Healius
Customer·Health Care Providers & Services·AU
0.48
0.83
0.52
0.59
0.26
0.83
—
3
Fujitsu
Customer·IT Services·JP
-0.01
-0.37
0.13
0.25
0.03
0.80
0.06
4
Reece
Customer·Trading Companies & Distributors·AU
-0.20
0.67
-0.03
0.41
0.15
0.77
—
5
Autosports Group
Customer·Specialty Retail·AU
-0.53
0.65
0.63
0.73
0.02
0.75
—
#Nameβ 1YTrend
1
Spirit Technology Sol
Supplier·Diversified Telecommunication Services·AU
-0.29
0.80
-0.04
0.21
-0.09
-0.67
—
2
Actividades de Construccion y Servicios
Customer·Construction & Engineering·ES
-0.02
-0.13
0.33
0.12
0.19
-0.10
—
3
Estore
Customer·IT Services·JP
0.81
-0.40
0.12
0.25
-0.28
-0.08
—
4
Coles Group
Customer·Food & Staples Retailing·AU
0.20
0.41
0.47
0.49
0.33
-0.07
0.36
5
Sun Hung Kai Properties
Customer·Real Estate Management & Development·HK
0.51
-0.21
0.35
-0.06
-0.28
-0.04
-0.39

Frequently asked questions about Dexus

Dexus is a leading Australian real estate company that operates as a real estate investment trust (REIT). Its business model primarily focuses on acquiring, managing, and developing high-quality office, industrial, and retail properties across Australia. Dexus aims to generate stable rental income and create long-term value for its investors through a diversified property portfolio and active asset management. With a strong presence in major Australian cities, Dexus leverages its expertise in property management, leasing, and development to deliver sustainable returns and enhance the performance of its assets.

Dexus is primarily active in the real estate industry. With a focus on property investment, development, and management, Dexus operates across various sectors such as office, industrial, retail, and healthcare properties. As one of Australia's leading real estate groups, Dexus aims to create value through urban renewal projects and sustainable property solutions. With an extensive portfolio of high-quality assets spread across prominent locations, Dexus consistently strives to provide superior returns to its investors and contribute to the growth and development of the Australian property market.

Dexus faces competition from prominent companies in the market, including Mirvac Group, Stockland Corporation Ltd, and GPT Group. These competitors are actively engaged in the real estate investment trust (REIT) sector, just like Dexus. As a leading Australian property group, Dexus focuses on delivering superior outcomes for its investors through a diversified portfolio of prime office, industrial, and retail assets across Australia. Despite competition, Dexus has maintained its strong market presence and has achieved consistent growth by offering innovative solutions and exceptional customer experiences in the real estate industry.

Dexus is an Australian real estate investment trust (REIT) specializing in owning, managing, and developing office, industrial, and retail properties. Established in 1984, the company has a rich history of more than three decades in the real estate industry. Dexus is known for its strong track record of delivering superior returns to investors and has a diversified portfolio across key markets in Australia. With a focus on sustainability and innovation, Dexus has established itself as a market leader in the Australian property sector. The company's commitment to delivering high-quality properties and exceptional service has earned it a reputable position within the industry.

Dexus, a leading Australian real estate investment trust, has achieved several significant milestones throughout its history. Notably, the company has successfully completed several major property acquisitions, expanding its portfolio and strengthening its position in the market. Dexus has also consistently delivered strong financial performance, growing its earnings and providing attractive returns to investors. Furthermore, the company has been recognized for its commitment to sustainability, achieving various sustainability certifications and awards. Dexus continues to drive innovation in the real estate industry, focusing on enhancing tenant experiences and leveraging technology to optimize property performance.

Dexus is primarily present in Australia.

Dexus is a leading Australian real estate investment trust (REIT) that focuses on owning, managing, and developing high-quality office and industrial properties. The values and corporate philosophy of Dexus revolve around delivering superior investment returns and sustainable growth for its investors. The company aims to achieve this by leveraging its deep market knowledge, strong relationships, and innovative thinking to identify opportunities and create value in the real estate market. Dexus is committed to maintaining a high level of integrity, transparency, and ethical standards in all its business operations. Through a customer-centric approach, Dexus strives to deliver exceptional tenant experiences, foster strong partnerships, and contribute positively to the communities it operates in.

Analysts currently set an average price target of 7.42 AUD for the Dexus stock (median: 7.53 AUD), implying +28.8 % versus the latest price. The consensus is based on 16 analyst ratings.

Dexus Analyst Price Targets 2026

16 analysts currently rate the Dexus stock: 3 recommend buying, 6 holding and 7 selling. For 2026, analysts expect Dexus to generate revenue of 839.55 M AUD and earnings per share of 0.62 AUD.

Dexus Analyst Price Targets 2026

Converted at the current exchange rate, the Dexus share trades at 3.54 EUR (5.78 AUD).

The Dexus share (DXS.AX) is listed on 3 stock exchanges, including: Frankfurt (0DPS.F), ASX (DXS.AX).

The Dexus Property Group is an Australian real estate company that was founded in 1984. The group is involved in the ownership and operation of office, retail, residential, and industrial properties. The company's headquarters is located in Sydney, Australia. The Dexus Property Group is divided into three main business segments: Property Investment, Property Management, and Property Development. Property Investment: The group owns approximately 117 properties worth AUD 31.8 billion and is one of the largest owners of office and retail properties in Australia. Some of the most well-known properties include the Citigroup Centre, 101 Collins Street in Melbourne, and the MLC Centre in Sydney. The group also has a stake in one of the largest Australian shopping centers, the Pacific Fair Shopping Centre on the Gold Coast. Property Management: The Dexus Property Group manages and operates a variety of properties, including retail, office, and industrial properties. The company provides comprehensive property management services such as leasing, asset management, facility management, and investment advice. Property Development: The group develops and constructs new real estate projects throughout Australia. Current projects include the development of the Sydney Olympic Park in Sydney and the development of "Waterfront Brisbane" in Queensland, which is estimated to cost AUD 1.1 billion. The Dexus Property Group also offers various products to help investors invest in Australian real estate. These include stocks, bonds, and real estate funds. Currently, the group offers four Australian real estate funds: the Dexus Wholesale Property Fund, the Dexus Industrial Trust, the Dexus Office Trust, and the Dexus Retail Trust. The group has also strengthened its sustainability initiatives. In 2018, the group became a member of the Global Real Estate Sustainability Benchmark and received an excellent rating for its sustainability performance. The group is committed to reducing energy consumption, waste production, and greenhouse gas emissions, and to utilizing more renewable energy in its properties. Overall, the business model of the Dexus Property Group is focused on investing in Australian real estate and managing and developing it. The group's portfolio includes a variety of properties in various industries, and the group has a strong presence throughout Australia. The group has also developed products to help investors invest in Australian real estate.

The expected revenue of Dexus is 839.55 M AUD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Dexus is 708.17 M AUD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Dexus is currently 9.26. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Dexus stock.

The price-to-sales ratio (P/S) of Dexus is currently 7.81. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Dexus stock.

The Eulerpool Quality Score for Dexus is 1/10.

The ISIN of Dexus is AU000000DXS1. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Dexus is A0NE0F. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Dexus is DXS.AX. The ticker symbol is used to trade Dexus shares on the stock exchange.

Over the past 12 months, Dexus paid a dividend of 0.37 AUD . This corresponds to a dividend yield of about 6.45 %. For the coming 12 months, Dexus is expected to pay a dividend of 0.39 AUD.

The current dividend yield of Dexus is 6.45 %.

Dexus pays a dividend, distributed in the months of , , , .

Dexus paid dividends every year for the past 22 years.

For the upcoming 12 months, dividends amounting to 0.39 AUD are expected. This corresponds to a dividend yield of 6.67 %.

Dexus is assigned to the 'Real Estate' sector.

To receive the latest dividend of Dexus from amounting to 0.19 AUD, you needed to have the stock in your portfolio before the ex-date on .

The last dividend was paid out on .

In the year 2025, Dexus distributed 0.48 AUD as dividends.

The dividends of Dexus are distributed in AUD.

All fundamentals and in-depth analysis of Dexus

Our stock analysis for Dexus stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Dexus. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.

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