Charter Hall Group sits in Rivkin’s ASX Starter Pack portfolio. The group reported its FY26 full year results on Friday 21 August 2026, covering the 12 months to 30 June 2026.
Post-tax operating earnings came in at $488.1 million, or 103.2 cents per security, up 26.8% on FY25 and effectively matching both the company’s own upgraded guidance of 103.0 cents and analyst consensus. Statutory net profit was $427.9 million. Funds under management rose $10.0 billion over the year to $94.3 billion, of which $76.0 billion sits in property, helped by record gross equity inflows of $6.7 billion. Base management fee revenue grew 8%, while transaction and performance fee revenue climbed 40.3%. The group transacted $17.1 billion of property and finished the year with portfolio occupancy at 97.8% and a $20.4 billion development pipeline.
The distribution landed at 50.7 cents per security, up 6.0% but a fraction under the 51.0 cents the market had pencilled in, with a final distribution of 25.84 cents franked to 80%. Balance sheet gearing moved up to 14.2% from 6.0%, leaving about $1.0 billion of investment capacity.
| Metric | Actual | Comparison |
| Operating EPS (post-tax) | 103.2c | +26.8%; guidance 103.0c |
| Operating earnings | $488.1m | Statutory NPAT $427.9m |
| Funds under management | $94.3bn | +$10.0bn |
| Distribution per security | 50.7c | +6.0%; consensus 51.0c |
| FY27 OEPS guidance | ~114.0c | Consensus 115.4c |
Guidance for FY27 is approximately 114.0 cents per security, growth of 10.5%, with distributions of 53.7 cents. Both figures sit slightly below consensus of 115.4 cents and 54.1 cents respectively. The guidance assumes no performance fee revenue, which management flagged as potential upside if realised.
Chief executive David Harrison told the earnings call the FY27 number represents “a further 10.5% growth over FY 2026” and argued it was “18% above where the Street was.” He pointed to $600 million of equity inflows in the first six weeks of FY27 as evidence of continued momentum.
Investors focused on the guidance rather than the FY26 print. Securities closed 6.33% lower at $20.71 on the day, from a prior close of $22.11, in a real estate sector that fell 2.5% and finished as the worst performer on the ASX 200.
