Stocktoria
NEXT plc NXT.L
GB · London Stock Exchange · XLON · stock · Consumer Cyclical · website
NEXT plc statistics & valuation
Market cap$16.6B
P / E18.7×
P / S2.4×
P / B10.0×
P / FCF15.6×
Dividend yield1.73%
Net margin12.9%
Return on equity53.4%
FCF margin15.4%
Multiples are price-derived and refreshed daily; everything else is from filings.
P / E vs its own history
NEXT plc trades at about 1951.3× earnings — above its 10-year norm (10-year range 1199.3×–1813.8×, median 1655.7×).
1199.3×
1951.3×
Shaded band = 10-year range (1199.3×–1813.8×); dot = today's 1951.3×.
Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.
Key ratios (by fiscal year)
| Ratio | FY2026 | FY2025 | FY2024 | FY2023 |
|---|---|---|---|---|
| Gross margin | 44.1% | 43.2% | 44.1% | 43.2% |
| Operating margin | 18.5% | 17.9% | 17.6% | 18.4% |
| Net margin | 12.9% | 12.0% | 14.6% | 14.1% |
| FCF margin | 15.4% | 16.0% | 17.0% | 11.0% |
| Return on assets | 18.1% | 15.1% | 17.0% | 17.9% |
| Return on equity | 53.4% | 45.0% | 53.1% | 61.3% |
| Debt / equity | 0.36× | 0.33× | 0.54× | 0.68× |
| Current ratio | 1.76 | 1.69 | 1.96 | 2.04 |
Source: company filings via Yahoo Finance · GB · as of 2026-01-31. Figures in GBp; non-US fundamentals are aggregated by Yahoo (shorter history); facts plus Stocktoria's own computed scores — not investment advice.