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Persimmon Plc (PSN.LN)

Persimmon Plc (PSN.LN)
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Persimmon is one of the UK's largest residential property developers by revenue and dwelling completions, marketing homes under its three brands: Persimmon Homes, Charles Church, and Westbury Partnerships. Persimmon distinguishes itself from peers by operating in the lower-priced segment of the new-build market; Persimmon Homes' average selling price in 2024 was 20% below the UK new-build national average. Like peers, Persimmon has traditionally operated in the land development, construction, and sales and marketing segments of the residential property development value chain. However, unlike peers, in recent years, Persimmon has begun manufacturing its own bricks, tiles, and timber frames, aiming to secure the supply and quality of key materials and manage build cost inflation.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Sales 3,751,300 3,200,700 2,773,200 3,815,800 3,610,500
Sales Growth +17.20% +15.42% -27.32% +5.69% +8.48%
Net Income 285,700 267,100 255,400 561,000 787,200
Net Income Growth +6.96% +4.58% -54.47% -28.73% +23.31%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Total Assets 5,318,200 4,833,400 4,787,800 5,034,100 4,792,200
Total Assets Growth +10.03% +0.95% -4.89% +5.05% +3.66%
Total Liabilities 1,704,100 1,326,800 1,369,300 1,594,800 1,167,000
Total Liabilities Growth +28.44% -3.10% -14.14% +36.66% +5.64%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Operating Cash Flow 29,500 84,900 -129,800 402,300 784,800
Operating Cash Flow Growth -65.25% +165.41% -132.26% -48.74% +2.52%
Net Cash Flow -141,600 -161,500 -441,500 -385,000 12,500
Change in Net Cash Flow +12.32% +63.42% -14.68% -3,180.00% -96.80%
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