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UK facilities management company providing outsourced cleaning, security and engineering maintenance services.
UK facilities management company providing outsourced cleaning, security and engineering maintenance services.
Sells outsourced services on multi-year contracts, usually for a fixed fee or cost plus a margin, so profit rests on managing labour cost, which rises with UK minimum-wage changes. Government and large companies are the main customers, and bolt-on acquisitions add services.
In one line: A UK ABM Industries-style facilities-services peer.
Moat: narrow (scale, distribution, installed base). Scale and long-term outsourcing contracts across a fragmented facilities-services market.
Headquarters: London, UK · Founded: 1987 · Employees: 70,792
Size MITIE (MTO.L) is a United Kingdom Industrials company (Miscellaneous Commercial Services) with a market value of $3.56B, the 118th largest of 363 United Kingdom companies the cockpit tracks. Shares closed at £209.00 on 6 Nov 2026.
Performance Over six months the shares gained 22.9%, against +2.8% for the median peer and +3.6% for the United Kingdom market (cap-weighted) — 6th highest of 21 in its peer set.
Growth Revenue grew 10.6% over the last twelve months (peer median +11.2%); the operating margin is 3.3% (peer median 11.0%).
Valuation It trades at 14.2× forward earnings against a peer median of 14.3× (10th cheapest of 19).
Price implies For today's price to make sense, revenue must grow about 14% a year for seven years (Req g). Recent delivered growth is +18%, so the hurdle is -4 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 2.2 points above its cost of capital (11.9% WACC).
Next results Next results expected around 19 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | £5.62B | £5.62B | £5.08B | £4.45B | £3.94B |
| Revenue growth | — | +11% | +14% | +13% | — |
| Gross profit | £605M | £605M | £532M | £467M | £407M |
| EBITDA | £324M | £337M | £298M | £243M | £205M |
| Net income | £82.6M | £82.6M | £101M | £126M | £91.1M |
| Free cash flow | £216M | £216M | £199M | £198M | £83.3M |
| Capital expenditure | £40.1M | £40.1M | £31.6M | £19.9M | £25.2M |
| Total debt | n/a | £553M | £375M | £322M | £286M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| MITIE MTO.L | $3.56B | +23% | +11% | 3% | 14.2× | 14.1% |
| Serco SRP.L | $3.60B | +5% | +1% | 5% | 14.9× | 1.9% |
| Compass COMP | $7.84B | +17% | +68% | 0% | n/a | n/a |
| Iss A/s ISS.CO | $7.08B | +13% | +4% | 5% | 15.3× | -6.1% |
| Sodexo SW.PA | $9.91B | +28% | 0% | 3% | 17.7× | 6.0% |
| Rentokil Initial RTO.L | $11.9B | -26% | 0% | 14% | 16.9× | 8.2% |
| ABM Industries ABM | $3.10B | +32% | +6% | 5% | 12.5× | -2.0% |
| Securitas SECU-B.ST | $9.22B | +4% | -5% | 7% | 12.3× | -4.9% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | MTO.L | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -0.6% | -1.0% | 11th highest of 21 |
| 6-month return | +22.9% | +2.8% | 6th highest of 21 |
| Distance from 52-week high | -2.3% | -16.7% | 2nd highest of 21 |
| Revenue growth (TTM) | +10.6% | +11.2% | 11th highest of 21 |
| Operating margin | 3.3% | 11.0% | 2nd lowest of 21 |
| Forward P/E | 14.2× | 14.3× | 10th cheapest of 19 |
| Growth the price implies (Req g, 7 yrs) | 14.1% | 0.1% | 6th most demanding of 16 |
| Growth delivered (Del g) | +17.6% | +9.4% | 5th highest of 16 |
| Hurdle (Req g minus delivered) | -3.5 pp | -9.9 pp | 5th most demanding of 16 |
| ROIC minus cost of capital | +2.2 pp | +4.3 pp | 5th lowest of 18 |
| EV / EBITDA | 9.6× | 7.6× | 6th most expensive of 16 |
| Net debt / EBITDA | 1.4× | 0.9× | 8th most indebted of 16 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| MITIE MTO.L | United Kingdom | $3.56B | +23% | +11% | 3% | 14.2× | 14.1% | +17.6% |
| Serco SRP.L | United Kingdom | $3.60B | +5% | +1% | 5% | 14.9× | 1.9% | +4.9% |
| GEO GEO | United States | $3.66B | +28% | +15% | 12% | 13.5× | 6.8% | +2.3% |
| Loomis LOOMIS.ST | Sweden | $3.46B | +12% | +1% | 11% | 12.6× | -9.1% | +9.7% |
| MAXIMUS MMS | United States | $3.43B | +2% | -3% | 11% | 7.9× | -8.5% | +9.4% |
| Shenzhen Fortune Trend Technology 688318.SS | China | $3.36B | -21% | -3% | 56% | 69.5× | n/a | n/a |
| Alsok 2331.T | Japan | $3.79B | -1% | +7% | 8% | 13.7× | -6.0% | +4.9% |
| Centre Testing International 300012.SZ | China | $3.96B | -5% | +15% | 16% | 22.1× | 14.2% | +13.2% |
| PhysicsWallah PWL.NS | India | $4.00B | +18% | +35% | 1% | 100.9× | n/a | n/a |
| SAI Life Sciences SAILIFE.NS | India | $4.02B | +64% | +27% | 21% | 89.2× | n/a | n/a |
| Jianshe Industry Group (Yunnan) 002265.SZ | China | $3.12B | -11% | +42% | 5% | n/a | 26.3% | +47.9% |
| ABM Industries ABM | United States | $3.10B | +32% | +6% | 5% | 12.5× | -2.0% | +7.9% |
| East Buy 1797.HK | Hong Kong | $4.11B | +22% | +34% | 11% | 38.5× | 18.4% | +54.3% |
| JHT Design 603061.SS | China | $3.07B | -8% | +93% | 34% | n/a | 43.9% | +30.4% |
| TriNet TNET | United States | $3.05B | +56% | -4% | 6% | 15.1× | -3.3% | +4.4% |
| Jiangsu Boqian New Materials Stock 605376.SS | China | $2.94B | -43% | +76% | 20% | 38.8× | n/a | n/a |
| Inventurus Knowledge Solutions IKS.NS | India | $2.94B | -2% | +20% | 31% | 31.8× | 21.2% | +45.8% |
| CoreCivic CXW | United States | $2.84B | +41% | +24% | 10% | 12.1× | -1.6% | +3.0% |
| Brink's BCO | United States | $4.54B | +3% | +7% | 10% | 11.8× | 0.1% | +7.3% |
| Teleperformance TEP.PA | France | $4.60B | +3% | -3% | 10% | 5.0× | -10.2% | +12.2% |
| Pluxee PLX.PA | France | $2.72B | 0% | +1% | 28% | 8.9× | n/a | n/a |