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RFF

Rural Funds Group

Equity Real Estate Investment Trusts (REITs)

Rural Funds Group is an ASX-listed agricultural REIT specializing in the acquisition, operation, and development of farmland and agricultural infrastructure across Australia. The company leverages its extensive sector expertise to manage a diverse portfolio, focusing on commodities where Australia holds a comparative advantage.

Short position

short percentage3.30%
reported shorts12.9M
shares on issue389.723M

Rural Funds Group (ASX:RFF) has 3.30% of its shares on issue reported as short positions as of 5 Oct 2026, or about 12,866,158 shares. Over the past 30 days that figure has risen 0.46 percentage points, and over 90 days it has fallen 0.57 percentage points. Its highest recorded short interest was 5.99% in October 2019. RFF 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

Rural Funds Group (RFF) financials

Results, ratios and statements

Latest result

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

Revenue
$121.0Mvs $113.8M (FY25)
Yahoo Finance, as at 29 Sep 2026
NPAT
$101.2Mvs $31.5M (FY25)
Yahoo Finance, as at 29 Sep 2026
EPS (diluted)
$0.26 (source: Derived: trailing 12 months at year end)vs $0.081 (FY25)
Derived: trailing 12 months at year end, as at 29 Sep 2026
Rev YoY
+6.3%FY
EPS YoY
+221.3%TTM
  • Derived: trailing 12 months at year end

Key ratios

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

Gross margin
75.7%
Operating margin
43.2%
Net margin
83.6%
FCF margin
−9.6%
ROE
9.3%
ROA
5.1%
FCF conversion
−0.11×
Net debt (excl. leases)
$856.3M
Net debt / EBITDA
4.9×
Current ratio
5.0×
Interest cover
1.6×
Cash dividends paid / net profit
45.1%
Market cap
$746.3M
P/E
7.4×
P/B
0.7×

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

RFF income, newest period first, figures in AUD
Line itemFY26FY25FY24FY23
Revenue$121.0M$113.8M$95.1M$76.3M
Gross profit$91.6M$87.0M$68.0M$54.5M
Operating income$52.3M$48.8M$28.5M$21.5M
EBITDA$162.2M$70.7M$117.9M$123.9M
EBIT$146.1M$54.9M$102.1M$111.5M
Interest expense$32.5M$27.8M$20.6M$17.3M
Pretax income$113.7M$27.1M$81.6M$94.2M
Tax−$1.2M$1.0M$1.1M−$327.0K
NPAT$101.2M$31.5M$83.2M$94.5M
Net interest income−$14.9M−$12.8M−$5.9M$1.4M
EPS basic$0.26 (source: Derived: trailing 12 months at year end)$0.081$0.21$0.25
EPS diluted$0.26 (source: Derived: trailing 12 months at year end)$0.081$0.21$0.25
Shares389.7M389.7M388.2M384.9M
  • Derived: trailing 12 months at year end