Whitbread Plc

A graph showing the earnings of Whitbread Plc

Graph showing the returns of Whitbread Plc

(£ in Million)20262025202420232022
Turnover 2,920 2,922 2,960 2,625 1,703
Year-on-Year Change-0.1%-1.3%12.8%54.1%189.0%
      
Operating Profit464514565505227
Year-on-Year Change-9.7%-9.0%11.8%122.2%-127.1%
      
EBITDA 890 916 948 851 554
Year-on-Year Change-2.8%-3.4%11.5%53.5%-202.8%
      
PBT29836845237558
Year-on-Year Change-18.8%-18.6%20.5%544.2%-105.8%
      
PAT21325431227943
Year-on-Year Change-16.1%-18.7%11.9%556.0%-104.7%
      
Total Assets9,5699,9059,5219,9439,567
Year-on-Year Change-3.4%4.0%-4.2%3.9%8.7%
      
Net Current Assets-502-246-33483549
Year-on-Year Change104.1%640.7%-106.9%-12.0%-74.2%
      
Total Equity 3,136 3,335 3,519 4,111 4,119
Year-on-Year Change-5.9%-5.3%-14.4%-0.2%7.4%
      
Capital Expenditure675 486 509 519 222
Year-on-Year Change39.0%-4.4%-2.0%134.2%-2.9%
      
Funds from Operations753762878800509
Year-on-Year Change-1.2%-13.2%9.8%57.2%-230.1%
      
Free Operating Cashflow77 276 369 281 287
Year-on-Year Change-71.9%-25.4%31.4%-2.1%-146.4%
      
Total Debt5,4665,6265,0934,9524,694
Year-on-Year Change-2.9%10.5%2.9%5.5%3.5%
      
Net Debt5,2324,7174,3973,7873,561
Year-on-Year Change10.9%7.3%16.1%6.3%8.6%
      
Shares Outstanding-ordinary shares (Million) 180.1 188.8 197.5 214.6 214.5
Year-on-Year Change-4.6%-4.4%-8.0%0.1%0.1%
      
Payout Ratio82.6%82.5%124.1%128.8%27.5%
⇑ – Year-on-Year IncreaseGreen: ‘Improved’
⇓ – Year-on-Year DecreaseRed: ‘Worsened’
⇔ – Year-on-Year Unchanged 
 20262025202420232022
CAPITAL STRUCTURE     
Total Debt/(Total Debt + Equity)63.5%⇑62.8%⇑59.1%⇑54.6%⇑53.3%⇓
Net Debt/Equity166.8%⇑141.5%⇑124.9%⇑92.1%⇑86.5%⇑
Debt/Total Assets57.1%⇑56.8%⇑53.5%⇑49.8%⇑49.1%⇓
Long Term Debt/Net Earnings25.0x⇑22.6x⇓32.0x⇓38.9x⇑16.9x⇑
Current Ratio0.4x⇓0.8x⇓1.0x⇓1.6x⇓1.8x⇑
Acid Test Ratio0.4x⇓0.8x⇓0.9x⇓1.6x⇓1.7x⇑
      
      
CASHFLOW RATIOS     
Funds from Operations/Total Debt0.1x⇔0.1x⇓0.2x⇔0.2x⇑0.1x⇑
Funds from Operations/Net Debt0.1x⇓0.2x⇔0.2x⇔0.2x⇑0.1x⇑
EBITDA/Interest4.5x⇓4.9x⇓5.3x⇑5.1x⇑3.2x⇑
EBIT/Interest2.3x⇓2.7x⇓3.2x⇑3.0x⇑1.3x⇑
Net Debt/EBITDA5.9x⇑5.2x⇑4.6x⇑4.5x⇓6.4x⇑
Free Operating Cashflow/Interest0.4x⇓1.5x⇓2.1x⇑1.7x⇔1.7x⇑
Free Operating Cashflow/Net Debt0.0x⇓0.1x⇔0.1x⇔0.1x⇔0.1x⇑
Free Operating Cashflow/Sales0.0x⇓0.1x⇔0.1x⇔0.1x⇓0.2x⇑
      
      
PROFITABILITY RATIOS     
EBITDA Margin30.5%⇓31.3%⇓32.0%⇓32.4%⇓32.5%⇑
EBIT Margin15.9%⇓17.6%⇓19.1%⇓19.2%⇑13.3%⇑
PBT Margin10.2%⇓12.6%⇓15.3%⇑14.3%⇑3.4%⇑
PAT Margin7.3%⇓8.7%⇓10.5%⇓10.6%⇑2.5%⇑
ROAE6.5%⇔6.5%⇑4.1%⇑3.0%⇓6.8%⇑
ROAA2.2%⇓2.3%⇑1.6%⇑1.3%⇓2.9%⇑