Wates delivers strong 2025 results with record £10bn order book and highest-ever cash position.
The Group reports its financial performance in its annual reports and accounts, published each April. Our most recent accounts for the year ended 31 December 2025, are available to download below.
£2.56bn
Turnover (2025)
£10bn
Record forward order book (2025)
£464m
Social value generated (2025)
£248.3m
record net cash position (2025)
Our 2025 annual results
- Record turnover of £2.56bn, reflecting strong delivery across the Group
- £10bn forward order book, giving long-term visibility and confidence
- Highest-ever cash position of £248.3m, strengthening resilience and flexibility
- £29.2m pre-tax profit, delivered in a challenging market
- 26 consecutive years of profitability, demonstrating the strength of our model
Our 2025 results demonstrate the resilience of Wates Group and the strength of our long-term model. Despite ongoing industry headwinds, we have delivered strong, sustainable and profitable growth, underpinned by a record £10bn forward order book and our strongest-ever cash position.
“Most important of all are the relationships we build. We work on a long-term basis with our customers, who trust our capability and governance. Guided by our purpose, we have continued to deliver not only strong financial results, but also meaningful impact for the communities we serve.
“I would like to thank our customers, partners and supply chain, and most importantly our nearly 6,000 colleagues. Their commitment and professionalism remain central to Wates’ success.”

Eoghan O’Lionaird
Chief Executive, Wates
2025 Annual Reports and Accounts
8 MB pdf
2024 Annual Reports and Accounts
23 MB pdf
2023 Annual Reports and Accounts
18 MB pdf
2023 Group Credentials
2 MB pdf
2022 Annual Reports and Accounts
15 MB pdf
2022 Group Credentials
8 MB pdf
2021 Annual Reports and Accounts
28 MB pdf
2021 Group Credentials
3 MB pdf
2020 Annual Reports and Accounts
9 MB pdf
2020 Group Credentials
2 MB pdf
2019 Annual Accounts and Accounts
4 MB pdf
2019 Group Credentials
5 MB pdf
2018 Annual Review and Accounts
9 MB pdf
2018 Group Credentials
1 MB pdf
2017 Annual Review and Accounts
10 MB pdf
2016 Group Credentials
10 MB pdf
2016 Annual Review and Accounts
26 MB pdf
2016 Facts and Figures
26 MB pdf
2015 Annual Review and Accounts
8 MB pdf
2014 Annual Review
17 MB pdf
2013 Annual Review and Accounts
8 MB pdf