H 
Howden Joinery Group HWDN.L · GBp
Industrials · Trading Companies & Distributors · LSE · 🇬🇧 United Kingdom
FTSE 100
847.00p
-1.34%
Close of 6 Nov 2026, in pence
At a glance
Figures in GBP, from our data supplier.
Revenue
£2.42bn
FY2016FY2025
Net income
£267.7m
FY2016FY2025
Free cash flow
£342.3m
FY2016FY2025
Shareholders' equity
£1.19bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | £2.42bn | £2.32bn | £2.31bn | £2.32bn | £2.09bn | £1.55bn | £1.58bn | £1.51bn | £1.40bn | £1.31bn |
| Gross profit | £1.52bn | £1.43bn | £1.40bn | £1.41bn | £1.29bn | £930.0m | £979.7m | £932.2m | £888.4m | £839.9m |
| Operating income | £359.7m | £339.2m | £340.2m | £415.3m | £399.7m | £173.8m | £263.9m | £237.8m | £232.0m | £236.2m |
| Net income | £267.7m | £249.3m | £254.6m | £374.2m | £314.5m | £147.6m | £209.0m | £190.4m | £185.0m | £185.6m |
| Diluted earnings per share | 0.50 | 0.45 | 0.46 | 0.66 | 0.53 | 0.25 | 0.35 | 0.31 | 0.31 | 0.31 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | £2.35bn | £2.24bn | £2.06bn | £2.03bn | £2.05bn | £1.69bn | £944.0m | £865.0m | £808.5m | £747.8m |
| Cash and short-term investments | £344.5m | £343.6m | £282.8m | £308.0m | £515.3m | £430.7m | £267.4m | £231.3m | £241.1m | £226.6m |
| Total liabilities | £1.16bn | £1.11bn | £1.09bn | £1.16bn | £1.06bn | £966.4m | £328.8m | £297.9m | £354.3m | £350.8m |
| Debt | £704.9m | £681.0m | £684.5m | £665.3m | £591.2m | £580.5m | — | — | £55.0m | £87.3m |
| Shareholders' equity | £1.19bn | £1.13bn | £978.4m | £871.7m | £991.5m | £720.8m | £615.2m | £567.1m | £454.2m | £397.0m |
| Shares outstanding | 539m | 550m | 549m | 564m | 592m | 597m | 599m | 608m | 592m | 592m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | £498.8m | £400.1m | £372.3m | £395.3m | £437.4m | £329.8m | £221.4m | £163.2m | £176.7m | £207.2m |
| Capital spending | −£156.5m | −£122.0m | −£118.9m | −£140.8m | −£85.9m | −£69.7m | −£61.1m | −£44.3m | −£48.5m | −£63.5m |
| Free cash flow | £342.3m | £278.1m | £253.4m | £254.5m | £351.5m | £260.1m | £160.3m | £118.9m | £128.2m | £143.7m |
| Dividends paid | −£116.6m | −£115.9m | −£114.1m | −£115.0m | −£133.6m | −£10.4m | −£70.6m | −£68.3m | −£68.4m | −£65.4m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Jun 2024 | Dec 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | £1.03bn | £1.42bn | £997.6m | £997.6m | £1.36bn | £966.3m | £966.3m | £1.38bn |
| Gross profit | £647.5m | £895.8m | £619.6m | £619.6m | £843.8m | £587.3m | £587.3m | £838.5m |
| Operating income | £128.1m | £233.9m | £121.4m | £121.4m | £222.0m | £117.1m | £117.2m | £223.2m |
| Net income | £88.0m | £178.1m | £89.6m | £89.6m | £164.9m | £84.4m | £84.4m | £170.0m |
| Diluted earnings per share | 0.16 | 0.33 | 0.17 | 0.16 | 0.30 | 0.15 | 0.15 | 0.31 |
| Cash from operations | £170.0m | £317.0m | £181.0m | — | £361.0m | £43.0m | — | — |
| Capital spending | −£40.0m | −£113.0m | −£42.0m | — | −£81.0m | −£40.0m | — | — |
| Free cash flow | £130.0m | £204.0m | £139.0m | — | £280.0m | £3.0m | — | — |
| Total assets | £2.39bn | £2.35bn | £2.25bn | £2.25bn | £2.24bn | £2.06bn | £2.06bn | £2.06bn |
| Cash and short-term investments | £332.8m | £344.5m | £321.4m | £321.4m | £343.6m | £165.5m | £165.5m | £282.8m |
| Debt | £101.1m | £97.0m | £93.8m | £607.1m | £591.7m | £87.6m | £602.7m | £599.2m |
| Shareholders' equity | £1.14bn | £1.19bn | £1.08bn | £1.08bn | £1.13bn | £1.00bn | £1.00bn | £978.4m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 1.4% | 9.3% | 7.1% |
| Operating income | -4.7% | 15.7% | 5.1% |
| Net income | -10.6% | 12.6% | 4.3% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 62.2% | 61.5% | 61.3% | 61.9% |
| Operating margin | 14.7% | 15.5% | 15.6% | 16.0% |
| Net margin | 10.9% | 12.2% | 12.4% | 12.7% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 16.8 | 17.5 | 17.5 | 8.5 | 17.0 | 27.9 | 19.3 | 13.9 | 14.9 | 12.2 |
| Price to sales | 1.9 | 1.9 | 1.9 | 1.4 | 2.5 | 2.7 | 2.5 | 1.8 | 2.0 | 1.7 |
Dividends and splits
Per share, in the currency the company pays
Paid for 5 years. Last went ex-dividend on 15 Oct 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.22 | 0.213 | 0.211 | 0.207 | 0.199 | 0.134 | 0.118 | 0.112 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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