18.34
-0.22%
Close of 9 Nov 2026, in AUD
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At a glance
Figures in AUD, from our data supplier.
Revenue
A$9.38bn
FY2017FY2026
Net income
A$308.2m
FY2017FY2026
Free cash flow
A$482.5m
FY2017FY2026
Shareholders' equity
A$3.75bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | A$9.38bn | A$8.98bn | A$9.10bn | A$8.84bn | A$7.65bn | A$6.27bn | A$6.01bn | A$5.46bn | A$2.69bn | A$2.43bn |
| Operating income | A$527.8m | A$511.0m | A$674.4m | A$663.8m | A$548.9m | A$482.2m | A$410.0m | A$377.7m | A$322.6m | A$308.4m |
| Net income | A$308.2m | A$316.9m | A$419.2m | A$387.6m | A$392.5m | A$285.6m | A$229.0m | A$202.1m | A$224.6m | A$211.8m |
| Diluted earnings per share | 0.50 | 0.51 | 0.65 | 0.60 | 0.61 | 0.44 | 0.35 | 0.36 | 0.40 | 0.42 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | A$7.67bn | A$7.42bn | A$7.09bn | A$6.92bn | A$6.61bn | A$6.12bn | A$6.34bn | A$4.47bn | A$2.32bn | A$1.69bn |
| Cash and short-term investments | A$327.7m | A$275.4m | A$341.4m | A$372.7m | A$220.5m | A$829.0m | A$1.00bn | A$127.9m | A$539.9m | A$101.8m |
| Total liabilities | A$3.93bn | A$3.37bn | A$3.21bn | A$3.30bn | A$3.29bn | A$3.23bn | A$3.59bn | A$2.48bn | A$443.4m | A$529.6m |
| Debt | — | A$1.97bn | A$1.83bn | A$1.96bn | A$1.90bn | A$2.01bn | A$2.48bn | A$1.61bn | — | A$100.0m |
| Shareholders' equity | A$3.75bn | A$4.05bn | A$3.88bn | A$3.63bn | A$3.32bn | A$2.89bn | A$2.75bn | A$1.99bn | A$1.88bn | A$1.16bn |
| Shares outstanding | 615m | 627m | 646m | 646m | 646m | 646m | 646m | 564m | 560m | 499m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | A$645.2m | A$599.8m | A$750.9m | A$766.4m | A$221.8m | A$351.9m | A$601.0m | A$254.5m | A$180.9m | A$214.8m |
| Capital spending | −A$162.7m | −A$258.4m | −A$236.3m | −A$177.5m | −A$200.1m | −A$72.6m | −A$110.8m | −A$99.2m | −A$88.2m | −A$94.9m |
| Free cash flow | A$482.5m | A$341.4m | A$514.6m | A$588.9m | A$21.7m | A$279.3m | A$490.2m | A$155.3m | A$92.7m | A$119.9m |
| Dividends paid | −A$110.1m | −A$156.7m | −A$161.5m | −A$148.6m | −A$126.0m | −A$77.5m | −A$113.6m | −A$113.6m | −A$100.6m | −A$93.6m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | A$4.73bn | A$4.65bn | A$4.58bn | A$4.40bn | A$4.57bn | A$4.54bn | A$4.41bn | A$2.21bn |
| Operating income | A$266.5m | A$261.3m | A$243.5m | A$301.7m | A$312.8m | A$360.6m | A$317.8m | A$176.6m |
| Net income | A$163.9m | A$144.2m | A$136.1m | A$180.9m | A$195.5m | A$223.6m | A$201.7m | A$100.8m |
| Diluted earnings per share | 0.27 | 0.23 | 0.22 | 0.28 | 0.30 | 0.35 | 0.31 | 0.16 |
| Cash from operations | A$446.0m | A$199.0m | A$343.0m | A$255.0m | A$373.0m | A$377.0m | A$289.0m | A$289.0m |
| Capital spending | −A$83.0m | −A$78.0m | −A$117.0m | −A$124.0m | −A$143.0m | −A$114.0m | −A$38.0m | −A$38.0m |
| Free cash flow | A$363.0m | A$121.0m | A$226.0m | A$131.0m | A$230.0m | A$263.0m | A$251.0m | A$251.0m |
| Total assets | A$7.67bn | A$7.25bn | A$7.42bn | A$7.28bn | A$7.09bn | A$6.70bn | A$6.92bn | A$6.92bn |
| Cash and short-term investments | A$327.7m | A$186.0m | A$275.4m | A$273.3m | A$341.4m | A$336.7m | A$372.7m | A$372.7m |
| Debt | A$1.22bn | A$2.35bn | A$1.97bn | A$1.95bn | A$1.83bn | A$1.83bn | A$1.96bn | — |
| Shareholders' equity | A$3.75bn | A$3.66bn | A$4.05bn | A$4.10bn | A$3.88bn | A$3.67bn | A$3.63bn | A$3.43bn |
Financial ratios
Data as of 7 Oct 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Operating margin | 5.6% | 5.7% | 7.2% | 7.0% | 7.3% | 7.6% |
| Net margin | 3.3% | 3.5% | 4.6% | 4.4% | 5.1% | 4.6% |
| Return on equity | 8.2% | 7.8% | 10.8% | 10.7% | 11.8% | 9.9% |
| Return on assets | 4.0% | 4.3% | 5.9% | 5.6% | 5.9% | 4.7% |
| Free cash flow yield | 7.8% | 8.2% | 9.1% | 8.7% | 3.9% | 3.9% |
| Revenue growth | 4.5% | -1.4% | 3.0% | 15.5% | 22.1% | 4.3% |
| Earnings growth | -2.8% | -24.4% | 8.1% | -1.2% | 37.4% | 24.7% |
| Current ratio | 1.98x | 2.16x | 2.17x | 2.27x | 2.14x | 2.39x |
| Debt to equity | 0.33x | 0.25x | 0.26x | 0.34x | 0.36x | 0.50x |
| Equity ratio | 48.8% | 54.5% | 54.7% | 52.4% | 50.3% | 47.2% |
| Interest coverage | 4.29x | 4.74x | 6.31x | 7.22x | 8.23x | 5.26x |
| Buybacks as a share of market value | 1.9% | 2.9% | 0.0% | 0.0% | 0.0% | 0.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 2.0% | 8.4% | 15.2% |
| Operating income | -7.4% | 1.8% | 6.3% |
| Net income | -7.4% | 1.5% | 4.8% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 5.7% | 6.5% | 6.8% | 7.4% |
| Net margin | 3.4% | 3.9% | 4.2% | 4.6% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 37.7 | 26.3 | 34.9 | 37.2 | 23.4 | 61.2 | 42.0 | 31.7 | 24.7 | 22.3 |
| Price to sales | 1.2 | 0.9 | 1.6 | 1.6 | 1.2 | 2.8 | 1.6 | 1.2 | 2.1 | 1.9 |
Dividends and splits
Per share, in the currency the company pays
Paid for 36 years. Last went ex-dividend on 5 Oct 2026.
| FY2027 | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.134 | 0.224 | 0.346 | 0.357 | 0.329 | 0.279 | 0.171 | 0.287 |
- 5-for-1 split · 18 Dec 2017
- 5-for-1 split · 8 May 2002
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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