Rightmove PLC
RMV
ISIN GB00BGDT3G23 / Valor 42985140
Rightmove PLC
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About company
Rightmove PLC operates as the UK's largest online real estate portal and property website, facilitating the advertisement of properties for sale and rent across the United Kingdom. The company serves as a critical platform for estate agents, letting agents, new home developers, and private sellers, offering a wide array of services aimed at making the property search and advertising process more efficient for both parties. Rightmove provides users with comprehensive property listings, including detailed descriptions, photos, and location information, thereby simplifying the process of buying, selling, or renting properties. The company's business model revolves around charging fees to industry professionals for property listings and advertising space, as well as offering additional marketing products and services designed to enhance the visibility and appeal of property advertisements. As a leader in the UK property market, Rightmove leverages its extensive database and user-friendly interface to connect potential buyers and renters with their ideal properties, supporting the broader real estate ecosystem.
Summarized from source with an LLMView SourceSector: TechnologyLatest Results (16.02.2026):
Rightmove PLC — results for H1 2025 (six months ended 30 June 2025, covering Q1–Q2 2025): the company delivered a strong, cash-generative half with revenue up 10% to £211.7m, underlying operating profit up 9% to £151.3m and underlying EPS up 11% to 14.7p. Management reiterated FY25 guidance and highlighted accelerated product delivery, AI adoption and continued strength across its Strategic Growth Areas.
Financial summary
Revenue £211.7m (+10% vs H1 2024); operating profit £145.4m (+10%); underlying operating profit £151.3m (+9%) with an underlying operating margin of 71%. Basic EPS 14.1p (+14%); underlying basic EPS 14.7p (+11%). Interim dividend raised 9% to 4.05p.
Revenue mix & ARPA
Agency revenue £150.8m, New Homes £37.5m, Other £23.4m. Total ARPA rose £112 to £1,609 (Agency ARPA £1,520, +£103; New Homes ARPA £2,093, +£153). Strategic Growth Areas (Commercial, Mortgages, Rental Services) contributed £15.3m, +37% YoY.
Operational and product momentum
Platform engagement strong: 9.1 billion minutes on site (+10%), >85% direct/organic traffic, highest H1 estate agent retention in over 10 years (96%). Product delivery accelerated (3,000+ releases) with growing AI adoption and new partner products (Optimiser Edge, Ascend, Lead to Keys, Mortgages innovations).
Strategic Growth Areas
Mortgages revenue more than doubled to £4.5m and introduced c.£20bn potential lending; Rental Services revenue +34% with ~270 new partners; Commercial partners +17% since Dec 2024 and leads up 37% to partners. These areas accounted for ~21% of group revenue growth.
Cash, capital returns and balance sheet
Debt-free; cash and money-market deposits £42.4m at 30 June 2025. Cash generated from operations £155.7m. Returned £112.4m to shareholders in H1 via dividends and buybacks; purchased and cancelled 9.1m shares for £65.0m. Net assets £81.7m.
Membership & market trends
Total membership 19,323 (+1% vs Dec 2024); agency branches 16,382 (+2% vs Dec 2024). Market signals supportive: sales agreed +6% YoY in H1 and completions +22%; mortgage rates falling, supporting activity.
Outlook
FY25 guidance reiterated: revenue growth expected 8–10%; ARPA growth targeted £95–£105; c.1% membership growth and an expected underlying operating margin of c.70% for the year. Management remains confident in long-term opportunity for digitalisation of the property ecosystem.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
4229 M
Market cap (USD)
2,687,719
Daily traded volume (Shares)
6.498 / 6.428
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
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Ratings & reviews
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