Merlin Properties/€MRL
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16:25
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About Merlin Properties
MERLIN Properties SOCIMI SA, ticker symbol MRL, is a prominent real estate investment trust (REIT) established in 2014. The company primarily acquires, actively manages, and invests in commercial real estate assets, specializing in sectors such as offices, logistics facilities, retail properties, and urban hotels across Spain and Portugal. Operating within the financial sector, MERLIN Properties is known for focusing on high-quality assets in prime locations to optimize value for shareholders.
Ticker
€MRL
Sector
Primary listing
BME
Employees
287
Headquarters
Website
MRL Metrics
BasicAdvanced
€7.6B
11.33
€1.19
1.26
€0.36
2.68%
Price and volume
Market cap
€7.6B
Beta
1.26
52-week high
€13.55
52-week low
€8.48
Average daily volume
1.7K
Dividend rate
€0.36
Financial strength
Current ratio
3.499
Quick ratio
3.255
Long term debt to equity
55.536
Total debt to equity
56.915
Dividend payout ratio (TTM)
16.87%
Interest coverage (TTM)
3.16%
Profitability
EBITDA (TTM)
428.238
Gross margin (TTM)
100.00%
Net profit margin (TTM)
123.12%
Operating margin (TTM)
78.45%
Effective tax rate (TTM)
3.18%
Revenue per employee (TTM)
€1,880,000
Management effectiveness
Return on assets (TTM)
2.05%
Return on equity (TTM)
9.18%
Valuation
Price to earnings (TTM)
11.334
Price to revenue (TTM)
13.955
Price to book
0.96
Price to tangible book (TTM)
0.96
Price to free cash flow (TTM)
23.307
Free cash flow yield (TTM)
4.29%
Free cash flow per share (TTM)
0.58
Dividend yield (TTM)
2.68%
Growth
Revenue change (TTM)
12.39%
Earnings per share change (TTM)
495.92%
3-year revenue growth (CAGR)
5.93%
3-year earnings per share growth (CAGR)
-11.87%
3-year dividend per share growth (CAGR)
-0.40%
What the Analysts think about MRL
Analyst ratings (Buy, Hold, Sell) for Merlin Properties stock.
Bulls say / Bears say
Merlin Properties increased its 2025 FFO guidance by 3.7% from approximately €0.54 to €0.56 per share, showing management’s confidence in its cash flow trajectory (Reuters)
In Q1 2025, revenues rose 8.4% to €138 million and net profit jumped 30% to €84.2 million, with occupancy steady at 96.7%, low LTV at 28.5%, and liquidity at €2.402 billion (Cinco Días)
After its Q2 results, Merlin’s share price surged 8.32% to €11.90—close to a 52-week high—as investors welcomed an 8.5% increase in revenue, 9% EBITDA growth, and an upgraded FFO outlook (Investing.com)
FFO per share dropped 6% year-over-year to €0.30 in H1 2025 after last year’s capital increase, highlighting dilution risk for shareholders (Investing.com)
Merlin reduced the planned capacity of its Lisbon data center from 108 MW to 36 MW due to U.S. export restrictions, highlighting geopolitical and regulatory risks in the data center expansion (Cinco Días)
Total portfolio occupancy dropped 130 basis points quarter-over-quarter to 95.4% at end-June 2025, pointing to early signs of leasing pressure in key segments (Investing.com)
Data summarised monthly by Lightyear AI. Last updated on 2 Oct 2025.
MRL Financial Performance
Revenues and expenses
MRL Earnings Performance
Company profitability
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.
Capital at risk
Upcoming events
No upcoming events
FAQs
What’s the current market cap for Merlin Properties stock?
Merlin Properties (MRL) has a market cap of €7.6B as of October 20, 2025.
What is the P/E ratio for Merlin Properties stock?
The price to earnings (P/E) ratio for Merlin Properties (MRL) stock is 11.33 as of October 20, 2025.
Does Merlin Properties stock pay dividends?
Yes, the Merlin Properties (MRL) stock pays dividends to shareholders. As of October 20, 2025, the dividend rate is €0.36216 and the yield is 2.68%. Merlin Properties has a payout ratio of 16.87% on a trailing twelve-month basis.
When is the next Merlin Properties dividend payment date?
The next Merlin Properties (MRL) dividend payment date is unconfirmed.
What is the beta indicator for Merlin Properties?
Merlin Properties (MRL) has a beta rating of 1.26. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.