El Palacio de Hierro stock reports lower H1 profit in 2026
Published on 09/25/2026 at 10:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
El Palacio de Hierro stock carries a mixed earnings signal after profit slipped 3.5 percent to USD 49.6 million in H1 2026. The result contrasts with fiscal 2025 revenue of MXN 60,748 million, which increased 8.3 percent year over year.
H1 profit softens
El Palacio de Hierro's H1 2026 profit figure comes from an industry review published by IADS on September 22, 2026. The 3.5 percent decline places earnings below the previous year's level even as the wider department store group returned to profitability.
The comparison matters because revenue growth remained positive in the latest full-year data. According to EL CEO, fiscal 2025 revenue reached MXN 60,748 million, up 8.3 percent from fiscal 2024. The figures point to a gap between sales expansion and bottom-line performance.
Real estate adds margin
The company has a second earnings lever beyond its retail stores. Real estate and other services generated MXN 780.2 million in fiscal 2025, compared with MXN 712.4 million a year earlier, according to EL CEO. Its reported operating margin was 58.4 percent, compared with 8.4 percent for the commercial segment.
That margin spread gives investors a sharper way to read the company than retail revenue alone. The commercial business supplied 98.7 percent of total revenue in 2025, while real estate and other services contributed 1.3 percent, creating a small but higher-margin earnings stream.
BMV listing dates to 1990
Grupo Palacio de Hierro is listed on the Mexican Stock Exchange under ticker GPH. The BMV issuer profile gives April 20, 1990 as the listing date.
Sales growth meets profit pressure
El Palacio de Hierro combines an 8.3 percent fiscal 2025 revenue increase with a 3.5 percent H1 2026 profit decline. The next key question for the stock is whether the higher-margin property business can offset pressure on department store profitability.
El Palacio de Hierro at a glance
- Company: Grupo Palacio de Hierro, S.A.B. de C.V.
- Ticker: GPH
- Trading venue: Mexican Stock Exchange
- Sector / Industry: Consumer discretionary / department stores
- Fiscal 2025 revenue: MXN 60,748 million
- H1 2026 profit: USD 49.6 million
