Goodman Group (GMG.AX) Stock Price

Goodman Group Price

ASX·CLOSED
30.28AUD-0.49 (-1.61 %)
Market closed

Over the last 19 years Goodman Group grew revenue by 8.0% annually, reaching 2.31 B AUD. Earnings per share have grown at 8.3% per year over the last 19 years. For Goodman Group, the net margin of 72.1% is down versus 116.3% a few years ago. At today's price the dividend yield works out to roughly 0.99%. The payout ratio is around 36% of earnings. The dividend has grown at 0.1% per year over the past 19 years. The consensus 12-month price target for Goodman Group is 37.18 AUD, about 22.8% above where the stock trades today. Of 16 analysts, 14 rate the stock a buy — an overall Buy consensus. The stock trades about 21% above its 52-week low.

Goodman Group stock price

Volume
Ex-Dividend
Details

Stock Price

ⓘ

How to Read This Chart

This chart tracks the historical stock price of Goodman Group 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 Goodman Group 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 Goodman Group's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Goodman Group Stock Price History
DateGoodman Group Price
8/5/202630.77 AUD
8/4/202630.20 AUD
8/3/202629.42 AUD
7/31/202629.77 AUD
7/30/202629.28 AUD
7/29/202629.26 AUD
7/28/202629.58 AUD
7/27/202629.66 AUD
7/24/202628.61 AUD
7/23/202629.39 AUD
7/22/202628.97 AUD
7/21/202629.55 AUD
7/20/202629.27 AUD
7/17/202629.41 AUD
7/16/202629.12 AUD
7/15/202629.42 AUD
7/14/202629.47 AUD
7/13/202629.73 AUD
7/10/202629.82 AUD
7/9/202629.92 AUD
7/8/202630.19 AUD
7/7/202630.68 AUD
7/6/202630.89 AUD
7/3/202630.86 AUD
7/2/202630.57 AUD
7/1/202631.36 AUD
6/30/202632.35 AUD
6/29/202632.02 AUD
6/26/202631.92 AUD
6/25/202632.15 AUD
6/24/202631.82 AUD
6/23/202631.55 AUD
6/22/202631.55 AUD
6/19/202631.66 AUD
6/18/202632.58 AUD
6/17/202632.40 AUD
6/16/202632.15 AUD
6/15/202631.66 AUD
6/12/202631.46 AUD
6/11/202631.34 AUD
6/10/202631.69 AUD
6/9/202631.20 AUD
6/5/202631.28 AUD
6/4/202631.23 AUD
6/3/202631.88 AUD
6/2/202631.55 AUD
6/1/202631.79 AUD
5/29/202631.21 AUD
5/28/202630.81 AUD
5/27/202630.49 AUD
5/26/202629.36 AUD
5/25/202630.33 AUD
5/22/202630.31 AUD
5/21/202631.20 AUD
5/20/202630.08 AUD
5/19/202630.65 AUD
5/18/202630.12 AUD
5/15/202631.38 AUD
5/14/202631.40 AUD
5/13/202631.30 AUD
5/12/202630.87 AUD
5/11/202630.88 AUD
5/8/202630.26 AUD
5/7/202630.85 AUD
5/6/202630.64 AUD
5/5/202629.77 AUD
5/4/202629.94 AUD
5/1/202629.96 AUD
4/30/202629.58 AUD
4/29/202628.94 AUD
4/28/202628.90 AUD
4/27/202629.42 AUD
4/24/202629.14 AUD
4/23/202629.31 AUD
4/22/202629.62 AUD
4/21/202630.03 AUD
4/20/202629.82 AUD
4/17/202629.38 AUD
4/16/202629.53 AUD
4/15/202628.40 AUD
4/14/202628.05 AUD
4/13/202627.62 AUD
4/10/202627.97 AUD
4/9/202627.82 AUD
4/8/202628.10 AUD
4/7/202626.25 AUD
4/2/202626.17 AUD
3/27/202625.41 AUD
3/26/202625.75 AUD
3/25/202625.92 AUD
3/24/202625.36 AUD
3/23/202625.02 AUD
3/20/202625.57 AUD
3/19/202625.59 AUD
3/18/202626.39 AUD
3/17/202625.81 AUD
3/16/202625.36 AUD
3/13/202625.71 AUD
3/12/202626.23 AUD
3/11/202627.07 AUD
3/9/202627.23 AUD
3/6/202627.78 AUD
3/5/202627.79 AUD
2/26/202628.76 AUD
2/25/202628.55 AUD
2/24/202628.49 AUD
2/23/202629.24 AUD
2/20/202630.50 AUD
2/19/202629.82 AUD
2/18/202631.05 AUD
2/17/202630.76 AUD
2/16/202631.20 AUD
2/13/202631.02 AUD
2/12/202630.26 AUD
2/11/202630.85 AUD
2/10/202631.12 AUD
2/9/202630.76 AUD
2/6/202628.99 AUD
2/5/202630.75 AUD
2/4/202630.83 AUD
2/3/202631.45 AUD
2/2/202630.71 AUD
1/30/202630.73 AUD
1/29/202630.76 AUD
1/28/202630.60 AUD
1/27/202630.94 AUD
1/23/202631.00 AUD
1/22/202630.67 AUD
1/21/202630.12 AUD
1/20/202630.75 AUD
1/19/202631.24 AUD
1/16/202631.75 AUD
1/14/202630.75 AUD
1/13/202630.65 AUD
1/12/202630.35 AUD
1/9/202630.30 AUD
1/8/202630.48 AUD
1/7/202630.42 AUD
1/6/202630.57 AUD
1/5/202630.74 AUD
1/2/202630.82 AUD
12/31/202530.95 AUD
12/30/202530.95 AUD
12/29/202531.32 AUD
12/24/202531.57 AUD
12/23/202531.63 AUD
12/22/202529.20 AUD
12/19/202528.78 AUD
12/17/202528.68 AUD
12/16/202529.44 AUD
12/15/202529.48 AUD
12/12/202529.44 AUD
12/11/202529.20 AUD
12/10/202529.53 AUD
12/9/202529.40 AUD
12/8/202529.71 AUD
12/5/202529.46 AUD
12/4/202529.35 AUD
12/3/202530.17 AUD
12/2/202529.88 AUD
12/1/202529.78 AUD
11/28/202529.68 AUD
11/27/202529.73 AUD
11/26/202529.40 AUD
11/25/202529.12 AUD
11/24/202529.24 AUD
11/21/202528.72 AUD
11/20/202529.70 AUD
11/19/202529.30 AUD
11/18/202528.98 AUD
11/17/202529.81 AUD
11/14/202529.57 AUD
11/13/202529.88 AUD
11/12/202530.54 AUD
11/11/202530.95 AUD
11/10/202530.49 AUD
11/7/202530.83 AUD
11/6/202530.71 AUD
11/5/202531.23 AUD
11/4/202532.33 AUD
11/3/202532.93 AUD
10/31/202533.03 AUD
10/30/202533.03 AUD
10/29/202533.44 AUD
10/28/202533.92 AUD
10/27/202534.34 AUD
10/24/202534.03 AUD
10/23/202533.86 AUD
10/22/202533.70 AUD
10/21/202534.27 AUD
10/20/202533.87 AUD
10/17/202533.78 AUD
10/15/202532.89 AUD
10/14/202532.97 AUD
10/13/202533.16 AUD
10/10/202533.36 AUD
10/9/202533.40 AUD
10/8/202533.57 AUD
10/7/202533.90 AUD
10/6/202533.88 AUD
10/3/202534.00 AUD
10/2/202533.78 AUD
10/1/202533.08 AUD
9/30/202532.78 AUD
9/29/202533.06 AUD
9/26/202532.88 AUD
9/25/202533.11 AUD
9/24/202533.71 AUD
9/23/202533.82 AUD
9/22/202534.01 AUD
9/19/202534.36 AUD
9/18/202533.93 AUD
9/17/202534.16 AUD
9/16/202534.39 AUD
9/15/202534.41 AUD
9/12/202534.42 AUD
9/11/202533.80 AUD
9/10/202533.42 AUD
9/9/202532.87 AUD
9/8/202533.47 AUD
9/5/202533.48 AUD
9/4/202532.79 AUD
9/3/202532.26 AUD
9/2/202533.50 AUD
9/1/202533.82 AUD
8/29/202534.42 AUD
8/28/202534.72 AUD
8/27/202533.90 AUD
8/26/202534.06 AUD
8/25/202534.04 AUD
8/22/202533.98 AUD
8/21/202535.46 AUD
8/20/202536.14 AUD
8/19/202535.96 AUD
8/18/202535.90 AUD
8/15/202536.01 AUD
8/14/202535.73 AUD
8/13/202535.33 AUD
8/12/202535.38 AUD
8/11/202535.41 AUD
8/8/202535.44 AUD
8/7/202535.48 AUD
8/6/202535.55 AUD
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Goodman Group Revenue, EBIT, Net Income

  • 3 Years

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  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2023
1.97 B AUD
672.00 M AUD
1.56 B AUD
Jan 1, 2024
1.98 B AUD
543.20 M AUD
-98.90 M AUD
Jan 1, 2025
2.31 B AUD
763.90 M AUD
1.67 B AUD
Jan 1, 2026 (e)
3.08 B AUD
1.11 B AUD
2.56 B AUD
Jan 1, 2027 (e)
3.55 B AUD
1.28 B AUD
2.84 B AUD
Jan 1, 2028 (e)
4.07 B AUD
1.47 B AUD
3.15 B AUD
Jan 1, 2029 (e)
4.43 B AUD
1.59 B AUD
3.44 B AUD
Jan 1, 2030 (e)
5.22 B AUD
1.88 B AUD
4.44 B AUD

Goodman Group Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 6, 2026, 4:18 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
1.191.711.651.581.721.511.992.091.971.982.313.083.554.074.435.22
0.2544.64-3.73-4.128.60-12.1131.665.18-5.880.7616.5433.1915.4314.558.8217.77
42.7042.0741.3946.5955.3668.2854.9871.8867.5871.9665.7765.7765.7765.7765.7765.77
0.510.720.680.740.951.031.091.501.331.431.522.022.342.682.913.43
0.230.400.350.360.490.570.530.900.670.540.761.111.281.471.591.88
19.6623.3421.2122.8828.2938.0126.6642.8534.1527.3833.0236.0036.0036.0035.9935.99
1.211.270.781.101.631.502.313.411.56-0.101.672.562.843.153.444.44
83.875.46-38.9341.1348.18-7.5653.6647.73-54.34-106.29-1,800.0053.7210.7011.189.0729.20
0.230.250.270.290.300.300.300.300.300.300.300.300.300.30––
9.528.708.007.413.45–––––––––––
1.831.861.871.861.861.881.891.911.921.901.981.981.981.981.981.98
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 Goodman Group 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 Goodman Group 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 Goodman Group'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 Goodman Group 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 Goodman Group'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.

Goodman Group stock margins

The Goodman Group margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Goodman Group. 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 Goodman Group.

  • 3 Years

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  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
54.98 %
26.68 %
116.28 %
Jan 1, 2022
71.86 %
42.85 %
163.21 %
Jan 1, 2023
67.58 %
34.13 %
79.23 %
Jan 1, 2024
71.96 %
27.39 %
-4.99 %
Jan 1, 2025
65.81 %
33.05 %
72.11 %
Jan 1, 2026 (e)
65.81 %
36.00 %
83.19 %
Jan 1, 2027 (e)
65.81 %
36.00 %
79.80 %
Jan 1, 2028 (e)
65.81 %
36.00 %
77.44 %

Goodman Group Stock Revenue, EBIT, Earnings per Share

The Goodman Group earnings per share therefore indicates how much revenue Goodman Group 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
1.05 AUD
0.28 AUD
1.22 AUD
Jan 1, 2022
1.10 AUD
0.47 AUD
1.79 AUD
Jan 1, 2023
1.03 AUD
0.35 AUD
0.81 AUD
Jan 1, 2024
1.05 AUD
0.29 AUD
-0.05 AUD
Jan 1, 2025
1.17 AUD
0.39 AUD
0.84 AUD
Jan 1, 2026 (e)
1.56 AUD
0.56 AUD
1.30 AUD
Jan 1, 2027 (e)
1.80 AUD
0.65 AUD
1.44 AUD
Jan 1, 2028 (e)
2.06 AUD
0.74 AUD
1.60 AUD

Goodman Group business model & stock analysis

Goodman Group is an Australian company that was founded in 1989 as a real estate developer. The company focuses on the design, construction, and management of industrial buildings and logistics centers worldwide. Its headquarters is located in Sydney, Australia, and it operates branches in North America, Europe, Asia, and the Middle East. The business model of Goodman Group is based on creating high-quality warehouses and production facilities to support companies in optimizing efficiency and cost in the supply chain. The company offers customized solutions for logistics and storage requirements and supports customers in implementing sustainability strategies. Goodman Group works closely with its tenants to ensure effective building management and build long-term business relationships. Goodman Group specializes in various industries and offers a variety of products that meet customer needs. The different divisions of the company include industrial logistics, business parks, commercial development, and investment management. The industrial logistics division focuses on the construction of high-performance warehouses that meet the needs of e-commerce companies, retailers, and manufacturers. These facilities consider factors such as scaling of loading and unloading processes, flexible space utilization, and optimal traffic connections. Goodman Group's business parks offer flexible office and commercial spaces for small and medium-sized enterprises. The focus here is on integrating technology and innovation to support employee productivity and creativity. The commercial development division is responsible for planning, construction, and marketing of real estate projects. These include office buildings, retail spaces, and logistics centers. Investment management is responsible for managing funds, assets, and portfolios of Goodman Group. This also includes continuous identification of opportunities and implementation of investment strategies. Goodman Group is also committed to sustainability and pursues a long-term strategy to reduce the carbon footprint of its buildings and create environmentally-friendly work environments. The company relies on renewable energy, water management, and environmental protection. Goodman Group has experienced impressive growth in recent years and is now a leading provider of industrial and logistics real estate. The business model of Goodman Group has proven to be resilient to economic challenges as the demand for logistics services and supply chain optimization continues to grow. With a strong focus on customer orientation and sustainability, Goodman Group is well positioned to continue to grow and expand successfully in the future.

Goodman Group SWOT Analysis

Strengths

Goodman Group is a leading global integrated property group with a strong track record in industrial property development and management. They have an extensive portfolio of properties across key markets, providing a solid foundation for growth.

The company has a diversified client base, which includes multinational corporations and leading logistics companies. This diversification reduces their dependency on any single customer and helps maintain stable revenues.

Goodman Group has a proven ability to deliver high-quality and sustainable properties that meet the specific needs of their clients. Their expertise in understanding market demands and delivering customized solutions gives them a competitive advantage.

Weaknesses

One of the weaknesses of Goodman Group is their exposure to economic fluctuations. As a property development and management company, they are highly dependent on the overall economic environment. A downturn in the economy could potentially impact demand for their properties.

The company also faces competition from other players in the industry. This competitive landscape puts pressure on Goodman Group to constantly innovate and differentiate their offerings to attract and retain customers.

Opportunities

The increasing demand for logistics and e-commerce services presents a significant opportunity for Goodman Group. As more companies require efficient supply chain solutions, the demand for industrial properties is expected to rise. This trend can be leveraged by Goodman Group to expand their portfolio and capture a larger market share.

Expanding into emerging markets and geographies provides an opportunity for further growth. By identifying and entering new markets, Goodman Group can tap into the potential of developing economies and diversify their revenue streams.

Threats

One of the threats faced by Goodman Group is the risk of overbuilding or oversupply in certain markets. If there is an excess supply of industrial properties, it could impact occupancy rates and rental prices, thereby affecting their profitability.

Changes in government regulations and policies, especially related to land-use and zoning, can also pose a threat to Goodman Group's operations. Adhering to evolving regulations and obtaining necessary approvals may increase costs or limit their ability to develop properties in certain areas.

Goodman Group 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.

Goodman Group historical P/E ratio, EBIT multiple, and P/S ratio

Goodman Group 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.

Goodman Group shares outstanding

The number of shares of Goodman Group was 1.98 B in 2025. This indicates how many shares Goodman Group 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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  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
1.89 B Stocks
Jan 1, 2022
1.91 B Stocks
Jan 1, 2023
1.92 B Stocks
Jan 1, 2024
1.90 B Stocks
Jan 1, 2025
1.98 B Stocks
Jan 1, 2026 (e)
1.98 B Stocks
Jan 1, 2027 (e)
1.98 B Stocks
Jan 1, 2028 (e)
1.98 B Stocks

Goodman Group stock splits

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

Goodman Group Dividend History

21 years of dividend payments

YearAnnual DividendYoY ChangePayments
20250.30AUD 0.0%2×
Jun 27, 20250.15AUD 0.0%1/2
Dec 30, 20250.15AUD 0.0%2/2
20240.30AUD 0.0%2×
20230.30AUD 0.0%2×
20220.30AUD 0.0%2×
20210.30AUD 0.0%2×
20200.30AUD 0.0%2×
20190.30AUD↑ 2.6%2×
20180.29AUD↑ 8.5%2×
20170.27AUD↑ 8.7%2×
20160.25AUD↑ 7.8%2×

Goodman Group dividend history and estimates

In 2025, Goodman Group paid a dividend amounting to 0.30 AUD. Dividend means that Goodman Group distributes a portion of its profits to its owners.

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  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2021
0.30 AUD
0.00 AUD
Jan 1, 2022
0.30 AUD
0.00 AUD
Jan 1, 2023
0.30 AUD
0.00 AUD
Jan 1, 2024
0.30 AUD
0.00 AUD
Jan 1, 2025
0.30 AUD
0.00 AUD
Jan 1, 2026 (e)
0.15 AUD
0.15 AUD
Jan 1, 2027 (e)
0.00 AUD
0.30 AUD
Jan 1, 2028 (e)
0.00 AUD
0.30 AUD

Goodman Group dividend payout ratio

In 2025, Goodman Group had a payout ratio of 35.56%. The payout ratio indicates the percentage of the company's profits that Goodman Group distributes as dividends.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
24.57 %
Jan 1, 2022
16.78 %
Jan 1, 2023
36.91 %
Jan 1, 2024
-575.82 %
Jan 1, 2025
35.56 %
Jan 1, 2026 (e)
23.14 %
Jan 1, 2027 (e)
20.90 %
Jan 1, 2028 (e)
18.80 %

Current Goodman Group forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
1.86 %
Buy
87.50 % (14)
Hold
12.50 % (2)
Sell
0.00 % (0)
12M Price Target
37.18
Last Price
30.28
Currency
AUD
12M Return Potential
22.79 %
LTM Return
0 %

Goodman Group Earnings Calls

Goodman Group Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
2/13/20240.52AUD-1.34 BAUD-2024 Q2
8/14/20230.48AUD-1.22 BAUD-2023 Q4
2/15/20230.47AUD-1.17 BAUD-2023 Q2
8/16/20220.39AUD-985.07 MAUD-2022 Q4
2/17/20220.39AUD--AUD-2022 Q2
8/12/20210.32AUD-828.81 MAUD-2021 Q4
2/19/20210.31AUD-824.99 MAUD-2021 Q2
8/13/20200.29AUD-799.87 MAUD-2020 Q4
2/13/20200.27AUD-725.78 MAUD-2020 Q2
8/23/20190.26AUD-681.43 MAUD-2019 Q4

EESG©

Eulerpool ESG Scorecard© for the Goodman Group stock

62/100
72
Environment
74
Social
39
Governance
E

Environment

20
Scope 1 - Direct Emissions3,578
Scope 2 - Indirect emissions from purchased energy29,728
Scope 3 - Indirect emissions within the value chain15,855
Total CO₂ emissions33,306
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 employees43
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.

Goodman Group shareholder structure

% Name
3.53973%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
1.88432%
Goodman (Gregory Leith)
Goodman (Gregory Leith)
1.74823%
Norges Bank Investment Management (NBIM)
Norges Bank Investment Management (NBIM)
0.80802%
Geode Capital Management, L.L.C.
Geode Capital Management, L.L.C.
0.80334%
Capital World Investors
Capital World Investors
0.71256%
Dimensional Fund Advisors, Ltd.
Dimensional Fund Advisors, Ltd.
...

Goodman Group Beneficial Ownership Filings (SEC 13D/G)

Free Float
96.7%
Float Shares
-
Shares Outstanding
-

Goodman Group Executives and Management Board

16 members · avg. age 55 · 25 % women

GG

Mr. Gregory Goodman (61)

Group Chief Executive Officer, Executive Director · since 2024

14.97 M AUD

Management

NK

Mr. Nick Kurtis

Group Head - Equities · since 2013

9.21 M AUD
NV

Mr. Nick Vrondas

Group Chief Financial Officer

7.83 M AUD
AR

Mr. Anthony Rozic

Deputy Chief Executive Officer, Executive Director, Chief Executive Officer, North America

6.36 M AUD
CB

Mr. Carl Bicego

Group Head of Legal and Company Secretary

–

Board of Directors

DP

Mr. Danny Peeters

Executive Director - Corporate

5.06 M AUD
KC

Ms. Kitty Chung

Non-Executive Independent Director

680,000.00 AUD
DC

Mr. David Collins

Non-Executive Independent Director - Goodman Logistics(HK)

680,000.00 AUD
SJ

Mr. Stephen Johns

Non-Executive Independent Chairman of the Board

625,000.00 AUD
MJ

Mr. Mark Johnson

Non-Executive Independent Director

340,000.00 AUD
CG

Mr. Christopher Green

Non-Executive Independent Director

320,000.00 AUD

Goodman Group Supply Chain

Goodman Group Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
17 companies
#Nameβ 1YTrend
1
Brickworks
Supplier·Customer·Construction Materials·AU
0.02
0.87
0.51
0.64
0.20
0.86
0.34
2
A.P. Moller - Maersk B
Customer·DK
-0.39
-0.36
-0.12
0.33
0.41
0.84
—
3
Mainfreight
Customer·Air Freight & Logistics·NZ
-0.01
0.86
0.79
0.83
0.54
0.83
0.65
4
Iron Mountain
Customer·Equity Real Estate Investment Trusts (REITs)·US
-0.06
0.55
0.51
-0.13
0.13
0.79
—
5
Enero Group
Supplier·Media·AU
-0.13
0.83
0.86
0.80
0.66
0.79
—
#Nameβ 1YTrend
1
JD com A
Customer·Internet & Direct Marketing Retail·CN
-0.40
0.23
0.16
0.55
0.34
—
0.48
2
SF Holding A
Customer·Air Freight & Logistics·CN
0.06
-0.63
-0.09
0.56
0.17
-0.47
0.12

Frequently asked questions about Goodman Group

Goodman Group is a leading global integrated property company that specializes in owning, developing, and managing industrial and business space. The business model of Goodman Group revolves around providing high-quality industrial real estate solutions to its customers. The company focuses on developing and managing warehouses, distribution centers, and business parks in strategic locations. With a customer-centric approach, Goodman Group aims to meet the diverse needs of its clients, including e-commerce retailers, manufacturers, and logistics providers. By delivering flexible and sustainable properties, Goodman Group plays a vital role in enabling the efficient flow of goods and services across various industries.

Goodman Group is primarily active in the real estate and logistics industries.

Goodman Group faces competition from various companies in the real estate and logistics industry. Some of its primary competitors include Prologis, Duke Realty, and Segro. These companies also specialize in the development, ownership, and management of industrial and logistics properties globally. However, Goodman Group has established itself as a market leader due to its strong global presence, extensive property portfolio, strategic partnerships, and focus on customer satisfaction. By consistently delivering high-quality assets and innovative solutions, Goodman Group maintains a competitive edge in the market.

Goodman Group is an Australian multinational integrated property solutions provider. Established in 1989, it has grown to become one of the largest industrial real estate investment firms globally. The company specializes in owning, developing, and managing industrial property and business space throughout major logistics markets. Goodman Group has a strong track record of delivering high-quality assets and long-term value for its investors. With a presence in over 17 countries, the company has a diverse portfolio that caters to various industries such as e-commerce, automotive, retail, and more. Goodman Group's commitment to innovation, sustainability, and customer service has solidified its position as a trusted leader in the global property market.

Goodman Group has achieved several significant milestones in its history. It became the largest industrial property group listed on the Australian Securities Exchange in 2005. In 2006, the company expanded its operations into Europe by acquiring a portfolio of logistics properties. Goodman Group has also successfully grown its presence in Asia by establishing strategic partnerships with leading regional players. The company continued its expansion globally, reaching a major milestone by surpassing AUD $50 billion in assets under management in 2019. Goodman Group's commitment to innovation and excellence has made it a trusted and prominent player in the logistics and industrial property market worldwide.

Goodman Group is primarily present in multiple countries and regions worldwide. As a leading global integrated property group, Goodman operates in key markets including Australia, New Zealand, Asia, Europe, and the Americas. The company's extensive presence spans across major cities, industrial hubs, and logistics corridors in these regions. With a strong focus on high-quality industrial and commercial properties, Goodman Group has established a strong presence and reputable track record in these geographies, providing innovative solutions to meet customer needs and driving sustainable growth in the supply chain industry.

Goodman Group is a leading global property group that specializes in owning, developing, and managing industrial real estate. The company is committed to delivering high-quality customer service and innovative solutions to meet the evolving needs of its clients. With a focus on sustainability, Goodman Group emphasizes responsible property development and management practices. The company strives to create long-term value for its shareholders by investing in strategic locations and fostering strong relationships with tenants. Goodman Group's corporate philosophy centers around integrity, collaboration, and a customer-centric approach, ensuring excellence in all aspects of its operations.

Analysts currently set an average price target of 37.09 AUD for the Goodman Group stock (median: 37.18 AUD), implying +22.5 % versus the latest price. The consensus is based on 16 analyst ratings.

Goodman Group Analyst Price Targets 2026

16 analysts currently rate the Goodman Group stock: 14 recommend buying, 2 holding and 0 selling. For 2026, analysts expect Goodman Group to generate revenue of 3.08 B AUD and earnings per share of 1.30 AUD.

Goodman Group Analyst Price Targets 2026

Converted at the current exchange rate, the Goodman Group share trades at 18.49 EUR (30.28 AUD).

The Goodman Group share (GMG.AX) is listed on 6 stock exchanges, including: Frankfurt (MY4.F), München (MY4.MU), Düsseldorf (MY4.DU), SIX (Zürich) (GMG.SW), ASX (GMG.AX).

The Goodman Group is a global corporation specializing in the development, rental, and management of industrial and logistics properties. It was founded in Australia in 1989 and is now active in over 17 countries worldwide. The company's business model is based on two pillars: ownership and management of logistics properties, as well as the management of real estate funds and institutional clients. The divisions "Goodman Property" and "Goodman Funds Management" are responsible for this. Goodman Property has been developing and renting industrial and logistics properties such as warehouses, distribution centers, and production facilities for over 30 years. The company is able to offer both tailored property solutions and standardized warehouses, customized to meet the specific requirements of customers. Goodman is a pioneer in the construction of sustainable properties and has already received numerous awards for its environmentally-friendly buildings. The logistics properties are equipped with state-of-the-art technology to enable efficient storage and processing of goods. Through their strategic location and infrastructure, optimal delivery and distribution of goods are ensured. Goodman Funds Management offers companies and institutional investors the opportunity to invest their capital in real estate funds. The company has extensive knowledge and experience in the field of real estate management and currently manages funds worth over 39 billion euros. The funds are primarily invested in Europe, Asia, and Australia. They specialize in various asset classes and offer investors a wide range of investment opportunities. The funds are focused on different markets and invest in different types of properties. Goodman focuses on long-term business relationships with its customers. The company places great importance on understanding the individual needs of its customers and working together with them to develop the best possible solution. With its stable market position, extensive experience in the real estate industry, and professional approach, Goodman is a trusted partner for its customers. As part of its business activities, Goodman places great importance on sustainability and social responsibility. The company aims to have a positive impact on the environment and communities. Through the use of renewable energy and compliance with environmental standards, the company contributes greatly to environmental protection. In summary, the Goodman Group is a global corporation specializing in the development, rental, and management of industrial and logistics properties. The company offers both tailored property solutions and standardized warehouses. With environmentally friendly technology and excellent infrastructure, the company ensures efficient distribution of products. At the same time, Goodman offers institutional investors the opportunity to invest in real estate funds and diversify their capital investments into various asset classes. By adhering to high ethical standards and social responsibility, Goodman has established itself as a trusted partner for its customers.

The expected revenue of Goodman Group is 3.08 B AUD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Goodman Group is 2.56 B AUD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Goodman Group is currently 23.35. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Goodman Group stock.

The price-to-sales ratio (P/S) of Goodman Group is currently 19.43. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Goodman Group stock.

The Eulerpool Quality Score for Goodman Group is 4/10.

The ISIN of Goodman Group is AU000000GMG2. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Goodman Group is A0MWRF. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Goodman Group is GMG.AX. The ticker symbol is used to trade Goodman Group shares on the stock exchange.

Over the past 12 months, Goodman Group paid a dividend of 0.30 AUD . This corresponds to a dividend yield of about 0.99 %. For the coming 12 months, Goodman Group is expected to pay a dividend of 0.30 AUD.

The current dividend yield of Goodman Group is 0.99 %.

Goodman Group pays a dividend, distributed in the months of , , , .

Goodman Group paid dividends every year for the past 21 years.

For the upcoming 12 months, dividends amounting to 0.30 AUD are expected. This corresponds to a dividend yield of 1.02 %.

Goodman Group is assigned to the 'Real Estate' sector.

To receive the latest dividend of Goodman Group from amounting to 0.15 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, Goodman Group distributed 0.3 AUD as dividends.

The dividends of Goodman Group are distributed in AUD.

All fundamentals and in-depth analysis of Goodman Group

Our stock analysis for Goodman Group 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 Goodman Group. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.

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