Westfield Group no longer reports independent earnings. Unibail-Rodamco-Westfield absorbed its financials after the June 2018 acquisition. Westfield's last reported net profit as an ASX-listed company was approximately AUD $1.38 billion ($1.04 billion USD) for fiscal year 2017, reflecting steady income from base rents and ancillary property management across its global shopping centre portfolio.
Earnings of Westfield Group
Net profit (USD equiv.) from ASX listing through FY2017. AUD/USD conversion at approximate annual average rates. Data ends at 2018 acquisition. Red point marks GFC-era loss year.
Annual Earnings Of Westfield Group
| Year | Net Profit (USD equiv.) | YoY Change |
|---|---|---|
| 2009 | −$0.38B | Loss (GFC write-downs) |
| 2010 | $0.62B | Recovery |
| 2011 | $0.74B | +19.4% |
| 2012 | $0.82B | +10.8% |
| 2013 | $0.88B | +7.3% |
| 2014 | $0.76B | −13.6% |
| 2015 | $0.84B | +10.5% |
| 2016 | $0.94B | +11.9% |
| 2017 | $1.04B | +10.6% |
| 2018 | N/A (acquired) | URW merger |
Westfield Group P/E Ratio
| Year | P/E Ratio | Note |
|---|---|---|
| 2009 | N/M | Net loss year |
| 2010 | 21.6x | Post-GFC recovery |
| 2011 | 20.0x | −7.4% |
| 2012 | 19.5x | −2.5% |
| 2013 | 19.5x | Flat |
| 2014 | 22.1x | +13.3% |
| 2015 | 21.9x | −0.9% |
| 2016 | 19.1x | −12.8% |
| 2017 | 20.0x | +4.7% |
| 2018 | N/A | Acquired by URW |