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Tritax Big Box REIT plc

BBOX.LReal EstateLSE

REIT - Industrial · Last scanned Jun 3, 2026

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Financials · Annual
Revenue
$492.2M
-9.3% YoY
Net Income
$363.3M
-18.5% YoY
Free Cash Flow
$310.1M

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About Tritax Big Box REIT plc

Part of the real estate sector, Tritax Big Box REIT plc (BBOX.L) is listed under REIT - Industrial. The company carries a $4.07B market cap, placing it firmly in the mid-cap category. Tritax Big Box targets attractive and sustainable returns for shareholders by investing in and actively managing existing built investments and land suitable for logistics development.

Key stats
Market Cap$4.07B
P/E (TTM)10.71
Fwd P/E15.70
EPS$0.14
Beta1.14
52W Change+1.9%
Dividend Yield5.44%
ROE7.5%
Analysis

Tritax Big Box REIT plc carries $2.73B in total debt against $109.5M in cash reserves — debt is roughly 25.0x the cash position. Managing this leverage effectively will be important for long-term financial stability. Annual free cash flow of $310.1M supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. Return on equity stands at 7.5%, which is modest for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 2.4% is on the lower side, which is common in asset-heavy industries. Revenue has grown from -$582.5M (2022) to $492.2M (2025), reflecting a 184% increase over the period.

Tritax Big Box REIT plc carries a heavier debt load relative to its cash position, which introduces financial risk that investors should weigh. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Tritax Big Box REIT plc and its sector.

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