Dexus (DXS.AX) Stock Price
Dexus Price
Dexus (DXS.AX) — ISIN AU000000DXS1. The Dexus stock price was 6.08 AUD in 2026. Revenue was 952.57 M AUD. Earnings were 696.99 M AUD. P/E ratio was 9.88. Dexus operates in the Real Estate sector.
Dexus stock price
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Stock Price
ⓘ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.
| Date | Dexus Price |
|---|---|
| 3/17/2026 | 6.08 AUD |
| 3/16/2026 | 6.07 AUD |
| 3/13/2026 | 6.09 AUD |
| 3/12/2026 | 6.09 AUD |
| 3/11/2026 | 6.24 AUD |
| 3/9/2026 | 6.22 AUD |
| 3/6/2026 | 6.42 AUD |
| 3/5/2026 | 6.45 AUD |
| 2/26/2026 | 6.67 AUD |
| 2/25/2026 | 6.60 AUD |
| 2/24/2026 | 6.56 AUD |
| 2/23/2026 | 6.65 AUD |
| 2/20/2026 | 6.68 AUD |
| 2/19/2026 | 6.58 AUD |
| 2/18/2026 | 6.75 AUD |
| 2/17/2026 | 6.31 AUD |
Dexus Revenue, EBIT, Net Income
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Dexus Income Statement, Balance Sheet, Cash Flow Statement
| REVENUE (B AUD) |
|---|
| REVENUE GROWTH (%) |
| GROSS MARGIN (%) |
| GROSS INCOME (B AUD) |
| NET INCOME (B AUD) |
| NET INCOME GROWTH (%) |
| DIVIDEND (AUD)DIV. (AUD) |
| DIVIDEND GROWTH (%)DIV. GROWTH (%) |
| SHARES (B) |
| DOCUMENTS |
| 2023 | 2024 | 2025 | 2026e | 2027e | 2028e | 2029e | 2030e |
|---|---|---|---|---|---|---|---|
| 0.85 | 0.9 | 0.95 | 0.95 | 0.98 | 1.01 | 1.02 | 1.08 |
| -2.97 | 6.37 | 5.43 | 0.11 | 3.36 | 2.95 | 0.30 | 6.30 |
| 76.65 | 74.06 | 76.87 | 76.79 | 74.29 | 72.16 | 71.95 | 67.69 |
| 0.65 | 0.67 | 0.73 | 0.73 | 0.73 | 0.73 | 0.73 | 0.73 |
| -0.75 | -1.58 | 0.16 | 0.7 | 0.7 | 0.72 | 0.74 | 0.78 |
| -146.56 | 110.51 | -109.85 | 346.15 | – | 3.02 | 3.07 | 5.95 |
| 0.52 | 0.42 | 0.37 | 0.39 | 0.28 | 0.29 | - | - |
| -5.45 | -19.23 | -11.90 | 5.41 | -28.21 | 3.57 | – | – |
| 1.08 | 1.08 | 1.13 | 1.13 | 1.13 | 1.13 | 1.13 | 1.13 |
| – | – | – | – | – | – | – | – |
Details
Income Statement Key Figures
ⓘ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 Quarterly Figures
| REVENUE (M AUD) |
|---|
| REVENUE GROWTH (%) |
| GROSS MARGIN (%) |
| GROSS INCOME (M AUD) |
| NET INCOME (M AUD) |
| NET INCOME GROWTH (%) |
| DIVIDEND (AUD)DIV. (AUD) |
| DIVIDEND GROWTH (%)DIV. GROWTH (%) |
| SHARES (B) |
| 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q2 | 2024 Q4 | 2025 Q2 | 2025 Q4 | 2026 Q2e |
|---|---|---|---|---|---|---|---|
| 463 | 137 | 384 | 480 | 421 | 434 | 516 | 398 |
| – | -70.41 | 180.29 | 25.00 | -12.29 | 3.09 | 18.89 | -22.87 |
| 72.35 | 74.45 | 82.03 | 72.71 | 75.77 | 83.18 | 71.71 | 92.96 |
| 335 | 102 | 315 | 349 | 319 | 361 | 370 | 370 |
| 23 | -387 | -775 | -597 | -986 | 10 | 146 | 366 |
| – | -1,782.61 | 100.26 | -22.97 | 65.16 | -101.01 | 1,360.00 | 150.68 |
| 0.28 | - | 0.26 | 0.27 | 0.23 | 0.19 | 0.18 | 0.19 |
| – | – | – | 3.85 | -14.81 | -17.39 | -5.26 | 5.56 |
| 1.7 | 1.08 | 1.08 | 1.08 | 1.08 | 1.07 | 1.19 | 1.19 |
Details
Income Statement Key Figures
ⓘ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
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Dexus Stock Sales Revenue, EBIT, Earnings per Share
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Dexus business model
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 shares outstanding
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Dexus stock splits
Dexus Dividend History
22 years of dividend payments
Dexus dividend history and estimates
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Dexus dividend payout ratio
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Current Dexus forecasts and price targets in March 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 | 4.23 |
| Currency | AUD |
| 12M Return Potential | 77.96 % |
| LTM Return | 0 % |
Dexus Earnings Estimates
Dexus Earnings Estimates
| Date | EPS estimate | Revenue Estimate | Quarterly report |
|---|---|---|---|
| 2/12/2024 | 0.32AUD | 375.72 MAUD | 2024 Q2 |
| 8/14/2023 | 0.35AUD | 426.3 MAUD | 2023 Q4 |
| 2/13/2023 | 0.35AUD | 431.37 MAUD | 2023 Q2 |
| 8/17/2022 | 0.34AUD | 0AUD | 2022 Q4 |
| 2/15/2022 | 0.34AUD | 0AUD | 2022 Q2 |
| 8/17/2021 | 0.31AUD | 0AUD | 2021 Q4 |
| 2/9/2021 | 0.26AUD | 554.23 MAUD | 2021 Q2 |
| 8/19/2020 | 0.3AUD | 554.56 MAUD | 2020 Q4 |
| 2/6/2020 | 0.3AUD | 673.96 MAUD | 2020 Q2 |
| 8/14/2019 | 0.25AUD | 0AUD | 2019 Q4 |
EESG©
Eulerpool ESG Scorecard© for the Dexus stock
EEnvironment
20
Environment
SSocial
20
Social
GGovernance (Corporate Governance)
4
Governance (Corporate Governance)
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 shareholders
| % | Name |
|---|---|
9.63704% | |
5.19037% | |
3.17391% | |
2.77850% | |
2.65274% | |
2.15380% | |
2.04137% | |
1.64876% | |
1.20215% | |
1.10977% |
Dexus Executives and Management Board
Mr. Ross Du Vernet
Group Chief Executive Officer, Managing Director, Executive Director · since 2012
Ms. Keir Barnes
Chief Financial Officer
Mr. Warwick Negus
Independent Non-Executive Chairman of the Board
Mr. Mark Ford
Non-Executive Independent Director
Ms. Elana Rubin
Non-Executive Independent Director
Dexus Supply Chain
Dexus Supply Chain
Correlation: how closely stock prices move together
| # | Name | 1M | 3M | 6M | 1Y | 2Y | Trend |
|---|---|---|---|---|---|---|---|
| 1 | -0,03 | 0,32 | 0,29 | 0,25 | 0,87 | ||
| 2 | 0,83 | 0,52 | 0,59 | 0,26 | 0,83 | ||
| 3 | -0,37 | 0,13 | 0,25 | 0,03 | 0,80 | ||
| 4 | 0,67 | -0,03 | 0,41 | 0,15 | 0,77 | ||
| 5 | 0,65 | 0,63 | 0,73 | 0,02 | 0,75 |
| # | Name | 1M | 3M | 6M | 1Y | 2Y | Trend |
|---|---|---|---|---|---|---|---|
| 1 | Spirit Technology Sol | 0,80 | -0,04 | 0,21 | -0,09 | -0,67 | |
| 2 | -0,13 | 0,33 | 0,12 | 0,19 | -0,10 | ||
| 3 | -0,40 | 0,12 | 0,25 | -0,28 | -0,08 | ||
| 4 | 0,41 | 0,47 | 0,49 | 0,33 | -0,07 | ||
| 5 | -0,21 | 0,35 | -0,06 | -0,28 | -0,04 |
Most common questions regarding 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 stock
Dexus Peer Group
Dexus Ticker
Dexus FIGI
All fundamentals about Dexus
Our stock analysis for Dexus Revenue 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 Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.