Persimmon (PSN · LSE)

FinancialsLSE

Bricks and Margin

UK housebuilder focused on volume, affordability, and self-supply efficiency.

Persimmon PLC

PSN: LSE

1182.46 GBp

-13.02%

year to date

Market Cap£3.70B

Avg Volume709.88K

PriceGBp1,182.46+2.69%

P/E Ratio12.10ttm

Pricing delayed 20 minutes Sep 22, 2026, 12:00 AM

Self‑Supply Edge
In‑house materials steadily build costs, supporting margin resilience in H2.
Orders In
Bigger forward book underpins volumes, aiding operating leverage and cash conversion.
Affordable Focus
Standardised product aligns with demand and policy.

Mortgage Rate Whiplash
Rate volatility forces incentives higher and compresses site profitability
Planning Frictions
Consent delays pinch outlet growth and undermine volume guidance cadence.
Cash Burn
Lower net cash curbs capital returns and limits shock‑absorber capacity.