Established and listed on the Australian Securities Exchange ("ASX") in 1998 (see prospectus), BWP Trust ("BWP" or "the Trust") is a real estate investment trust investing in and managing commercial properties throughout Australia. The majority of the Trust's properties are large format retailing properties, in particular, Bunnings Warehouses, leased to Bunnings Group Limited ("Bunnings"). Bunnings is the leading retailer of home improvement and outdoor living products in Australia and New Zealand, and a major supplier to project builders, commercial trades people, and the housing industry. Full details on the Trust's property portfolio can be found in the Our Properties section of this website. The Trust is managed by an external responsible entity, BWP Management Limited ("the responsible entity") which is appointed under the Trust's constitution and operates under an Australian Financial Services Licence. The responsible entity is committed to managing the Trust solely and is paid an annual fee based on the gross assets of the Trust. Both Bunnings and the responsible entity are wholly-owned subsidiaries of Wesfarmers Limited ("Wesfarmers"), one of Australia's largest listed companies. Wesfarmers also owns approximately 24.75 per cent of the issued units in the Trust.
| Market Capitalization | $2190.5288 million |
| P/E Ratio | 60.77 |
| P/E Growth Ratio | 0 |
| Book Value | 3.745 |
| Dividend Per Share | 0.183 |
| Earnings Per Share | 0.06 |
| EBITDA | |
| Profit Margin | 0.232 |
| Operating Margin TTM | 0.8237 |
| Return on Assets TTM | 0.0272 |
| Return on Equity TTM | 0.015 |
| Revenue TTM | 158,156 |
All numbers are in thousands
| Date | Total Revenue | Cost of Revenue | Gross Profit | Total Operating Expenses |
|---|---|---|---|---|
| 1999-06-30 | ||||
| 2000-06-30 | ||||
| 2001-06-30 | ||||
| 2002-06-30 | 28,893 | 1,926 | 26,967 | 555.592 |
| 2003-06-30 | 35,805 | 2,619 | 33,186 | 297 |
| 2004-06-30 | 44,335 | 3,353 | 40,982 | 506 |
| 2005-06-30 | 50,534 | 3,949 | 46,585 | 486 |
| 2006-06-30 | 54,975 | 3,962 | 51,013 | 1,225 |
| 2007-06-30 | 59,501 | 4,682 | 54,819 | 1,772 |
| 2008-06-30 | 65,598 | 5,678 | 59,920 | 1,902 |
| 2009-06-30 | 72,870 | 5,556 | 67,314 | 2,562 |
| 2010-06-30 | 78,025 | 5,543 | 72,482 | 3,441 |
| 2011-06-30 | 84,111 | 6,048 | 78,063 | 3,962 |
| 2012-06-30 | 101,657 | 6,367 | 95,290 | 4,640 |
| 2013-06-30 | 109,089 | 7,255 | 101,834 | 4,426 |
| 2014-06-30 | 126,956 | 13,283 | 113,673 | 1,274 |
| 2015-06-30 | 144,621 | 11,071 | 133,550 | 6,419 |
| 2016-06-30 | 150,080 | 17,270 | 132,810 | 740 |
| 2017-06-30 | 152,316 | 17,198 | 135,118 | 791 |
| 2018-06-30 | 153,271 | 17,975 | 135,296 | 738 |
| 2019-06-30 | 155,762 | 19,939 | 135,823 | 803 |
| 2020-06-30 | 155,628 | 22,268 | 133,360 | 916 |
| 2021-06-30 | 152,216 | 22,543 | 129,673 | 753 |
| 2022-06-30 | 153,222 | 23,886 | 129,336 | 902 |
| 2023-06-30 | 157,916 | 27,050 | 130,866 | 832 |
All numbers are in thousands
| Date | Cash | Total Assets | Total Liabilities | Short Term Debt | Long Term Debt | Common Stock |
|---|---|---|---|---|---|---|
| 1998-06-30 | 2,591 | 2,660 | 48,572 | 128,945 | ||
| 1999-06-30 | 194 | 186,131.008 | 57,182 | 128,932 | ||
| 2000-06-30 | 244 | 244,449 | 71,265 | 173,177 | ||
| 2001-06-30 | 569 | 287,984 | 102,129 | 178,013 | ||
| 2002-06-30 | 255 | 348,717 | 93,586 | 235,259 | ||
| 2003-06-30 | 4,783 | 471,565 | 168,923 | 279,282 | ||
| 2004-06-30 | 5,366 | 575,342 | 180,013 | 320,249 | ||
| 2005-06-30 | 5,752 | 627,216 | 192,633 | 330,232 | ||
| 2006-06-30 | 6,212 | 731,612 | 227,113 | 149,430 | 330,233 | |
| 2007-06-30 | 5,122 | 963,385 | 288,017 | 258,552 | 330,233 | |
| 2008-06-30 | 6,625 | 979,949 | 341,177 | 308,499 | 330,206 | |
| 2009-06-30 | 38,721 | 999,896 | 266,872 | 225,937 | 489,273 | |
| 2010-06-30 | 21,687 | 1,026,394 | 233,597 | 193,474 | 507,372 | |
| 2011-06-30 | 8,942 | 1,242,129 | 255,810 | 210,844 | 673,311 | |
| 2012-06-30 | 24,732 | 1,335,166 | 361,205 | 288,890 | 682,435 | |
| 2013-06-30 | 11,063 | 1,398,689 | 361,481 | 4,185 | 296,492 | 707,363 |
| 2014-06-30 | 12,045 | 1,837,372 | 526,017 | 460,379 | 448,332 | 924,786 |
| 2015-06-30 | 32,445 | 2,017,950 | 576,190 | 392 | 495,952 | 945,558 |
| 2016-06-30 | 14,029 | 2,200,492 | 555,120 | 759 | 472,333 | 945,558 |
| 2017-06-30 | 15,611 | 2,312,770 | 550,664 | 756 | 471,140 | 945,558 |
| 2018-06-30 | 14,230 | 2,369,529 | 536,480 | 200,568 | 257,021 | 945,558 |
| 2019-06-30 | 17,911 | 2,382,322 | 507,728 | 368 | 412,600 | 945,558 |
| 2020-06-30 | 64,189 | 2,552,577 | 583,832 | 0 | 499,600 | 945,558 |
| 2021-06-30 | 33,068 | 2,674,604 | 558,188 | 110,353 | 364,357 | 945,558 |
| 2022-06-30 | 11,855 | 3,021,917 | 535,578 | 0 | 455,603 | 945,558 |
| 2023-06-30 | 16,832 | 2,960,192 | 554,312 | 0 | 466,000 | 945,558 |
All numbers are in thousands
| Date | Net Income | Total Cash | Change in Cash | Begin period cash | End period cash | Dividends |
|---|---|---|---|---|---|---|
| 1998-06-30 | ||||||
| 1999-06-30 | 9,521 | 194 | 3,300 | |||
| 2000-06-30 | 13,867 | 50 | 194 | 244 | 11,429 | |
| 2001-06-30 | 16,542 | 325 | 244 | 569 | 10,831 | |
| 2002-06-30 | 21,084 | -314 | 569 | 255 | 13,034 | |
| 2003-06-30 | 26,340 | 4,528 | 255 | 4,783 | 12,803 | |
| 2004-06-30 | 32,249 | 583 | 4,783 | 5,366 | 13,017 | |
| 2005-06-30 | 35,808 | 386 | 5,366 | 5,752 | 25,930 | |
| 2006-06-30 | 75,084 | 460 | 5,752 | 6,212 | 37,348 | |
| 2007-06-30 | 206,978 | -1,090 | 6,212 | 5,122 | 38,614 | |
| 2008-06-30 | 692 | 1,503 | 5,122 | 6,625 | 39,519 | |
| 2009-06-30 | -11,689 | 32,096 | 6,625 | 38,721 | 27,395 | |
| 2010-06-30 | 92,182 | -17,034 | 38,721 | 21,687 | 27,186 | |
| 2011-06-30 | 81,497 | -12,745 | 21,687 | 8,942 | 31,986 | |
| 2012-06-30 | 69,931 | 15,790 | 8,942 | 24,732 | 55,514 | |
| 2013-06-30 | 110,573 | -13,669 | 24,732 | 11,063 | 54,658 | |
| 2014-06-30 | 149,081 | 92,415 | 982 | 11,063 | 12,045 | 59,616 |
| 2015-06-30 | 210,079 | 107,825 | 20,400 | 12,045 | 32,445 | 78,286 |
| 2016-06-30 | 310,504 | 106,376 | -18,416 | 32,445 | 14,029 | 105,736 |
| 2017-06-30 | 223,795 | 111,843 | 1,582 | 14,029 | 15,611 | 110,041 |
| 2018-06-30 | 183,093 | 112,776 | -1,381 | 15,611 | 14,230 | 113,446 |
| 2019-06-30 | 169,377 | 110,179 | 3,681 | 14,230 | 17,911 | 115,372 |
| 2020-06-30 | 210,642 | 109,674 | 46,278 | 17,911 | 64,189 | -126,935 |
| 2021-06-30 | 263,169 | 112,350 | -31,121 | 64,189 | 33,068 | -117,492 |
| 2022-06-30 | 486,637 | 111,036 | -21,213 | 33,068 | 11,855 | -117,492 |
| 2023-06-30 | 36,693 | 119,752 | 4,977 | 11,855 | 16,832 | -117,492 |