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CMW

Cromwell Property Group

Equity Real Estate Investment Trusts (REITs)

Cromwell Property Group is an internally managed Australian Real Estate Investment Trust (A-REIT) and a property fund manager. The company invests in and manages a diversified portfolio of properties across Australia and New Zealand, aiming to deliver sustainable returns for securityholders. Cromwell also acts as a trusted capital partner and investment manager for global and local investors.

Short position

short percentage0.52%
reported shorts13.5M
shares on issue2.619B

Cromwell Property Group (ASX:CMW) has 0.52% of its shares on issue reported as short positions as of 5 Oct 2026, or about 13,520,398 shares. Over the past 30 days that figure has risen 0.20 percentage points, and over 90 days it has risen 0.12 percentage points. Its highest recorded short interest was 6.25% in November 2019. CMW is classified in the Equity Real Estate Investment Trusts (REITs) industry. All figures come from official ASIC short position reports, published with a four trading-day (T+4) delay.

Price & short interest

Toggle series, zoom, and compare · ASIC daily, T+4

Cromwell Property Group (CMW) financials

Results, ratios and statements

Latest result

Year to 30 Jun 2026 (FY26) vs FY25, figures in AUD, the reporting currency

Revenue
$177.4Mvs $176.6M (FY25)
Yahoo Finance, as at 29 Sep 2026
NPAT
$135.8Mvs −$22.6M (FY25)
Yahoo Finance, as at 29 Sep 2026
EPS (diluted)
$0.052vs −$0.009 (FY25)
Yahoo Finance, as at 29 Sep 2026
Rev YoY
+0.5%FY
EPS YoY
n/aTTM

EPS: prior loss, now profit (growth is not meaningful against a loss).

Key ratios

Year to 30 Jun 2026 (FY); balance sheet at 30 Jun 2026; prices to 9 Oct 2026

Gross margin
79.4%
Operating margin
51.7%
Net margin
76.6%
FCF margin
35.6%
ROE
9.2%
ROA
5.8%
FCF conversion
0.46×
Net debt (excl. leases)
$726.6M
Net debt / EBITDA
3.9×
Current ratio
1.5×
Interest cover
2.1×
Cash dividends paid / net profit
57.7%
Market cap
$890.4M
P/E
6.6×
P/B
0.6×

Property trust: profit and EBITDA include property revaluations, so margins and returns move with valuations.

Ratios use the reporting currency (AUD); market cap is in AUD. Source: Yahoo Finance, as at 29 Sep 2026.

Financial statements

Figures in AUD, the reporting currency; Yahoo Finance unless marked

CMW income, newest period first, figures in AUD
Line itemFY26FY25FY24FY23
Revenue$177.4M$176.6M$187.7M$349.4M
Gross profit$140.9M$145.6M$153.1M$268.9M
Operating income$91.7M$98.4M$103.6M$142.7M
EBITDA$185.1M−$45.9M−$202.2M−$360.4M
EBIT$178.8M−$50.1M−$204.6M−$367.9M
Interest expense$43.4M$55.7M$74.3M$85.2M
Pretax income$135.4M−$105.8M−$278.9M−$453.1M
Tax−$400.0K$200.0K$1.4M−$9.3M
NPAT$135.8M−$22.6M−$541.1M−$443.8M
Net interest income−$41.3M−$49.9M−$69.8M−$70.3M
EPS basic$0.052−$0.009−$0.20−$0.17
EPS diluted$0.052−$0.009−$0.20−$0.17
Shares2.62B2.62B2.62B2.62B