Telstra Group TLS.AX · AUD
Communication Services · Diversified Telecommunication Services · ASX · 🇦🇺 Australia
5.05
-0.98%
Close of 9 Nov 2026, in AUD
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At a glance
Figures in AUD, from our data supplier.
Revenue
A$22.94bn
FY2017FY2026
Net income
A$2.24bn
FY2017FY2026
Free cash flow
A$4.19bn
FY2017FY2026
Shareholders' equity
A$12.58bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | A$22.94bn | A$22.72bn | A$22.93bn | A$22.70bn | A$21.28bn | A$21.56bn | A$23.71bn | A$25.26bn | A$25.85bn | A$26.01bn |
| Operating income | A$4.37bn | A$3.31bn | A$3.30bn | A$3.22bn | A$2.78bn | A$3.12bn | A$4.15bn | A$473.0m | A$1.55bn | A$2.45bn |
| Net income | A$2.24bn | A$2.17bn | A$1.62bn | A$1.93bn | A$1.69bn | A$1.86bn | A$1.82bn | A$2.15bn | A$3.56bn | A$3.89bn |
| Diluted earnings per share | 0.20 | 0.19 | 0.14 | 0.17 | 0.15 | 0.16 | 0.15 | 0.18 | 0.30 | 0.33 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | A$44.12bn | A$44.97bn | A$45.55bn | A$45.03bn | A$41.63bn | A$42.52bn | A$44.40bn | A$42.59bn | A$42.72bn | A$42.13bn |
| Cash and short-term investments | A$1.10bn | A$1.01bn | A$1.05bn | A$932.0m | A$1.04bn | A$1.13bn | A$499.0m | A$647.0m | A$632.0m | A$942.0m |
| Total liabilities | A$29.13bn | A$28.65bn | A$28.20bn | A$27.21bn | A$24.65bn | A$27.25bn | A$29.26bn | A$28.06bn | A$28.10bn | A$27.57bn |
| Debt | — | A$18.00bn | A$16.97bn | A$15.87bn | A$14.27bn | A$17.44bn | A$19.13bn | A$17.25bn | A$16.95bn | A$17.28bn |
| Shareholders' equity | A$12.58bn | A$13.90bn | A$14.92bn | A$15.41bn | A$15.49bn | A$14.59bn | A$14.47bn | A$14.55bn | A$14.63bn | A$14.54bn |
| Shares outstanding | 11,205m | 11,354m | 11,539m | 11,614m | 11,554m | 11,831m | 11,935m | 11,883m | 11,856m | 11,896m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | A$6.80bn | A$7.32bn | A$6.45bn | A$6.24bn | A$6.82bn | A$6.66bn | A$6.31bn | A$6.68bn | A$8.61bn | A$7.78bn |
| Capital spending | −A$2.61bn | −A$3.87bn | −A$5.06bn | −A$3.87bn | −A$3.09bn | −A$3.14bn | −A$3.44bn | −A$3.21bn | −A$3.57bn | −A$3.73bn |
| Free cash flow | A$4.19bn | A$3.45bn | A$1.39bn | A$2.37bn | A$3.73bn | A$3.52bn | A$2.87bn | A$3.48bn | A$5.04bn | A$4.05bn |
| Dividends paid | −A$2.26bn | −A$2.32bn | −A$2.02bn | −A$1.96bn | −A$1.89bn | −A$1.90bn | −A$1.90bn | −A$2.26bn | −A$3.15bn | −A$3.74bn |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | A$11.30bn | A$11.64bn | A$11.52bn | A$12.54bn | A$11.60bn | A$11.50bn | A$11.43bn | A$11.40bn |
| Operating income | A$1.74bn | A$1.85bn | A$2.14bn | A$2.96bn | A$5.40bn | A$5.06bn | A$1.63bn | A$1.67bn |
| Net income | A$1.12bn | A$1.12bn | A$1.15bn | A$1.62bn | A$1.03bn | A$658.0m | A$964.0m | A$1.06bn |
| Diluted earnings per share | 0.10 | 0.10 | 0.10 | 0.14 | 0.09 | 0.06 | 0.08 | 0.09 |
| Cash from operations | A$3.55bn | A$3.25bn | A$3.77bn | — | A$2.78bn | A$3.72bn | A$2.73bn | A$3.61bn |
| Capital spending | −A$1.36bn | −A$1.25bn | −A$1.17bn | — | −A$1.21bn | −A$1.13bn | −A$1.97bn | −A$2.01bn |
| Free cash flow | A$2.19bn | A$2.00bn | A$2.60bn | — | A$1.57bn | A$2.59bn | A$765.0m | A$1.60bn |
| Total assets | A$44.12bn | A$44.64bn | A$44.97bn | — | A$45.60bn | A$45.55bn | A$45.54bn | A$45.03bn |
| Cash and short-term investments | A$1.10bn | A$1.44bn | A$1.01bn | — | A$1.02bn | A$1.05bn | A$1.02bn | A$932.0m |
| Debt | A$16.02bn | A$18.75bn | A$18.00bn | — | A$18.00bn | A$16.98bn | A$16.33bn | A$15.87bn |
| Shareholders' equity | A$12.58bn | A$13.33bn | A$13.90bn | — | A$14.81bn | A$14.92bn | A$15.29bn | A$15.41bn |
Financial ratios
Data as of 17 Sept 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | 19.0% | 14.6% | 14.4% | 14.2% | 13.1% | 14.5% | — | — | — | — | — | — |
| Net margin | 9.8% | 9.6% | 7.1% | 8.5% | 7.9% | 8.6% | — | — | — | — | — | — |
| Return on equity | 17.8% | 15.6% | 10.9% | 12.5% | 10.9% | 12.7% | — | — | — | — | — | — |
| Return on assets | 5.1% | 4.8% | 3.6% | 4.3% | 4.1% | 4.4% | — | — | — | — | — | — |
| Free cash flow yield | 17.3% | 20.3% | 20.5% | 17.9% | 17.7% | 17.0% | — | — | — | — | — | — |
| Revenue growth | 1.0% | -0.9% | 1.0% | 6.7% | -1.3% | -9.1% | — | — | — | — | — | — |
| Earnings growth | 3.2% | 33.9% | -15.9% | 14.2% | -9.1% | 2.1% | — | — | — | — | — | — |
| Current ratio | 0.58x | 0.56x | 0.53x | 0.66x | 0.63x | 0.67x | — | — | — | — | — | — |
| Debt to equity | 1.27x | 1.11x | 0.96x | 0.85x | 0.74x | 1.01x | — | — | — | — | — | — |
| Equity ratio | 28.5% | 30.9% | 32.8% | 34.2% | 37.2% | 34.3% | — | — | — | — | — | — |
| Interest coverage | 5.78x | 5.12x | 5.64x | 5.11x | 5.28x | 4.77x | — | — | — | — | — | — |
| R&D as a share of sales | — | — | — | — | — | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Buybacks as a share of market value | 1.3% | 1.6% | 0.6% | -0.5% | 2.3% | 0.9% | — | — | — | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 0.3% | 1.2% | -1.2% |
| Operating income | 10.7% | 7.0% | -2.5% |
| Net income | 5.1% | 3.8% | -9.0% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 16.8% | 15.6% | 15.0% | 13.2% |
| Net margin | 9.7% | 8.7% | 8.6% | 11.0% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 25.1 | 25.5 | 28.6 | 23.9 | 27.3 | 26.6 | 19.7 | 19.7 | 9.5 | 11.1 |
| Price to sales | 2.5 | 2.4 | 2.0 | 2.0 | 2.2 | 2.3 | 1.5 | 1.7 | 1.3 | 1.7 |
Dividends and splits
Per share, in the currency the company pays
Paid for 28 years. Last went ex-dividend on 26 Aug 2026.
| FY2027 | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.105 | 0.20 | 0.185 | 0.175 | 0.17 | 0.16 | 0.16 | 0.16 |
- 1-to-1 reverse split · 21 Oct 2022
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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