F 
15.18
-2.00%
Close of 6 Nov 2026, in AUD
At a glance
Figures in USD, from our data supplier.
Revenue
$17.34bn
FY2017FY2026
Net income
$2.93bn
FY2017FY2026
Free cash flow
$3.62bn
FY2017FY2026
Shareholders' equity
$20.27bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $17.34bn | $15.42bn | $18.11bn | $16.66bn | $17.31bn | $22.43bn | $12.78bn | $9.74bn | $6.78bn | $8.46bn |
| Research and development | $399.6m | $850.8m | $495.0m | $553.0m | $354.0m | $138.7m | — | — | — | — |
| Operating income | $5.46bn | $5.01bn | $8.37bn | $7.91bn | $9.02bn | $15.09bn | $6.84bn | $4.71bn | $1.73bn | $3.45bn |
| Net income | $2.93bn | $3.37bn | $5.68bn | $4.80bn | $6.20bn | $10.29bn | $4.74bn | $3.19bn | $879.0m | $2.09bn |
| Diluted earnings per share | 0.95 | 1.09 | 1.84 | 1.56 | 2.01 | 3.34 | 1.53 | 1.03 | 0.28 | 0.67 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $32.54bn | $30.52bn | $30.06bn | $28.94bn | $29.09bn | $29.09bn | $24.26bn | $20.13bn | $18.21bn | $19.54bn |
| Cash and short-term investments | $5.07bn | $4.33bn | $4.90bn | $4.28bn | $5.22bn | $6.93bn | $4.89bn | $1.87bn | $859.8m | $1.83bn |
| Total liabilities | $12.31bn | $10.56bn | $10.53bn | $10.98bn | $11.75bn | $11.36bn | $10.94bn | $9.57bn | $8.52bn | $9.83bn |
| Debt | — | $5.44bn | $5.40bn | $5.32bn | $6.10bn | $4.25bn | $5.11bn | $3.95bn | $3.98bn | $4.47bn |
| Shareholders' equity | $20.27bn | $19.98bn | $19.55bn | $17.95bn | $17.33bn | $17.73bn | $13.32bn | $10.55bn | $9.68bn | $9.70bn |
| Shares outstanding | 3,082m | 3,082m | 3,081m | 3,081m | 3,083m | 3,082m | 3,087m | 3,089m | 3,097m | 3,124m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | $6.94bn | $6.47bn | $7.92bn | $11.16bn | $9.63bn | $16.80bn | $9.30bn | $4.26bn | $1.28bn | $4.27bn |
| Capital spending | −$3.33bn | −$3.24bn | −$2.83bn | −$2.90bn | −$2.80bn | −$3.38bn | −$1.95bn | −$1.02bn | −$855.9m | −$740.0m |
| Free cash flow | $3.62bn | $3.24bn | $5.08bn | $8.26bn | $6.82bn | $13.41bn | $7.35bn | $3.24bn | $423.7m | $3.53bn |
| Dividends paid | −$2.58bn | −$2.85bn | −$4.14bn | −$3.92bn | −$6.70bn | −$5.68bn | −$1.93bn | −$2.22bn | −$643.3m | −$577.9m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $8.41bn | $8.59bn | $8.19bn | $7.64bn | $8.71bn | $9.51bn | $9.04bn | $7.83bn |
| Operating income | $2.43bn | $2.97bn | $2.75bn | $2.40bn | $3.53bn | $4.96bn | $4.59bn | $3.42bn |
| Net income | $942.3m | $1.95bn | $1.89bn | $1.55bn | $2.35bn | $3.34bn | $2.43bn | $2.37bn |
| Diluted earnings per share | 0.31 | 0.63 | 0.61 | 0.50 | 0.76 | 1.08 | 0.79 | 0.77 |
| Cash from operations | $3.34bn | $3.23bn | $4.03bn | $2.43bn | $3.75bn | $4.17bn | $6.73bn | $4.33bn |
| Capital spending | −$1.65bn | −$1.50bn | −$1.74bn | −$1.53bn | −$1.32bn | −$1.51bn | −$2.31bn | −$2.00bn |
| Free cash flow | $1.70bn | $1.73bn | $2.30bn | $901.0m | $2.42bn | $2.66bn | $4.43bn | $2.33bn |
| Total assets | $32.54bn | $31.37bn | $30.52bn | $29.22bn | $30.06bn | $29.89bn | $28.94bn | $27.97bn |
| Cash and short-term investments | $5.07bn | $4.75bn | $4.33bn | $3.41bn | $4.90bn | $4.75bn | $4.28bn | $4.00bn |
| Debt | $5.46bn | $5.76bn | $5.44bn | $5.44bn | $5.40bn | $5.32bn | $5.32bn | $6.08bn |
| Shareholders' equity | $20.27bn | $20.75bn | $19.98bn | $19.22bn | $19.55bn | $19.37bn | $17.95bn | $17.13bn |
Financial ratios
Data as of 18 Sept 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Operating margin | 31.5% | 32.5% | 46.2% | 47.5% | 52.1% | 67.3% |
| Net margin | 16.9% | 21.9% | 31.4% | 28.8% | 35.8% | 45.9% |
| Return on equity | 14.5% | 16.9% | 29.1% | 26.7% | 35.7% | 58.1% |
| Return on assets | 9.0% | 11.1% | 18.9% | 16.6% | 21.3% | 35.4% |
| Free cash flow yield | 19.9% | 18.8% | 20.8% | 27.2% | 24.1% | 39.1% |
| Revenue growth | 12.4% | -14.8% | 8.7% | -3.8% | -22.8% | 75.5% |
| Earnings growth | -13.0% | -40.6% | 18.4% | -22.6% | -39.8% | 117.4% |
| Current ratio | 2.32x | 2.43x | 2.67x | 2.47x | 2.85x | 2.31x |
| Debt to equity | 0.27x | 0.25x | 0.24x | 0.26x | 0.31x | 0.20x |
| Equity ratio | 62.3% | 65.5% | 65.0% | 62.0% | 59.6% | 60.9% |
| Interest coverage | 16.81x | 79.52x | 88.15x | 29.12x | 54.70x | 92.00x |
| R&D as a share of sales | 2.3% | 5.5% | 2.7% | 3.3% | 2.0% | 0.6% |
| Buybacks as a share of market value | 0.0% | -0.0% | -0.0% | 0.1% | -0.0% | 0.2% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 1.3% | -5.0% | 9.3% |
| Operating income | -11.6% | -18.4% | 12.6% |
| Net income | -15.1% | -22.2% | 11.5% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 32.0% | 39.6% | 47.4% | 45.5% |
| Net margin | 19.3% | 24.9% | 31.0% | 29.7% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 11.3 | 14.2 | 7.1 | 13.2 | 7.2 | 4.1 | 11.1 | 7.4 | 10.5 | 5.2 |
| Price to sales | 1.9 | 3.1 | 2.2 | 3.8 | 2.6 | 1.9 | 4.1 | 2.4 | 1.4 | 1.3 |
Dividends and splits
Per share, in the currency the company pays
Paid for 15 years. Last went ex-dividend on 1 Sept 2026.
| FY2027 | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.328 | 1.477 | 1.986 | 2.971 | 2.80 | 4.243 | 3.529 | 1.429 |
- 10-for-1 split · 19 Dec 2007
- 1-to-1 reverse split · 17 Nov 2005
- 1.174-for-1 split · 21 Jul 2003
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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