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 (17.11.2025):
Rightmove PLC's full year results for the period ended 31 December 2023 show robust financial performance with revenue rising 10% to £364.3m and operating profit increasing by 7% to £258.0m. The company reported strengthened underlying operating performance, with both basic earnings per share and underlying earnings per share growing by 5% and 6% respectively. Additionally, shareholder returns were enhanced through elevated dividend payouts and substantial share buybacks, reflecting the resilience of the UK’s leading property portal despite ongoing economic challenges.
Financial Growth
Revenue increased by £31.7m (10%) and operating profit climbed to £258.0m, while underlying operating profit reached £264.6m, demonstrating a consistent improvement in margins and overall profitability for the year ending 31 December 2023.
Earnings Per Share
Rightmove PLC reported an increase in basic earnings per share to 24.5p (up 5% from 23.4p) along with an underlying EPS rise to 25.2p (up 6%), underscoring effective cost management and revenue performance throughout 2023.
Shareholder Returns
The company enhanced shareholder value by increasing the final dividend to 5.7p (a 10% rise) and overall dividend to 9.3p for the year. Alongside share buybacks totaling £130m, a total of £201.7m was returned to shareholders.
Operational and Strategic Highlights
Operationally, Average Revenue per Advertiser (ARPA) grew by 9% to £1,431 per month, reflecting upgraded packages and increased digital product usage. The company continues to invest in innovation, digitising the property sector and preparing for further strategic expansion in areas such as commercial real estate, rental services, and mortgage lead generation.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
5397 M
Market cap (USD)
5,317,041
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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