AGL Energy Limited (AU:AGL)
ASX:AGL
Earnings Data
Report Date
Aug 19, 2026TBA (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
0.41Last Year’s EPS
0.4Same Quarter Last Year
Moderate Buy
Based on 7 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a predominantly positive operational and strategic momentum: strong customer growth and satisfaction, expanding development pipeline, excellent battery performance and disciplined capital deployment underpin the company’s transition strategy. Short-term headwinds were acknowledged — namely lower wholesale volatility in the half, increased depreciation and finance costs that weighed on underlying profit, higher net debt from growth spending, and lower employee engagement following restructuring. Management highlighted clear mitigation steps (cost productivity program targeting $50 million p.a., capital recycling such as the Tilt sale, strong liquidity and oversubscribed bond issuance) and reiterated confidence in long-term demand tailwinds and the value of flexible assets.Company Guidance
Solid headline financials
EBITDA of $1.09 billion and underlying NPAT of $353 million for H1 FY26; interim fully franked ordinary dividend of $0.24 per share declared; EBITDA broadly flat versus the prior half despite lower market volatility.
Customer growth, satisfaction and margin improvement
Total services to customers increased by 108,000 (including ~45,000 Ampol Energy services); customer satisfaction score rose to 83.8; Strategic NPS +4; churn spread to market remained strong at 5.3 percentage points; consumer margin improved 10% versus the prior half.
Strong battery performance and financial returns
Operated battery fleet delivered $35 million EBITDA (up $10 million on the prior half); fleet EAF 99%; Torrens Battery annualized yield ~24% (annualized EBITDA / $189 million CapEx); flexible asset premium of 20% to the time-weighted average price for the half (7 percentage points above FY25).
Development pipeline and project milestones
Development pipeline expanded to 11.3 GW (up from 9.6 GW at FY25); signed two long-term PPAs with Tilt Renewables (Palmer and Waddi wind farms); awarded CIS for 600 MW Hexham Wind Farm and allocated 176 MW peak capacity credits to the proposed Kwinana Swift Gas 2 project.
Progress on large-scale firming assets and CapEx deployment
Construction commenced on the 500 MW Tomago Battery; Liddell Battery (500 MW) expected to reach progressive operations (first 250 MW in Q3 FY26) and full operations in Q4 FY26; FY26 growth CapEx expected ~ $760 million with ~ $650 million targeted at firming projects.
Balance sheet, liquidity and capital recycling
Tilt divestment (19.9%) announced for $750 million expected to settle by Q3; telecom divestment to Aussie Broadband bringing ~ $115 million in shares and a strategic partnership; liquidity of ~ $1.2 billion in cash and undrawn committed facilities; $500 million AMTN issuance >10x oversubscribed; investment-grade Baa2 rating maintained.
Cost discipline and productivity program
Operating cost outlook improved versus prior expectations (now tracking under the previously forecast 3% increase and nearer to a sub-2% increase for FY26); company targeting sustainable net operating cost reductions of $50 million per annum after CPI from FY27.
Retail & platform momentum
Kaluza achieved major contract wins (largest deployment to date with Engie), more than doubled contracted meters over two years; acquisition of South Australia's Virtual Power Plant (SAVPP) integrated and contributed earnings; residential battery customer base doubled over 12 months and new Battery Rewards and VPP initiatives expanding orchestration capability.
AU:AGL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AU:AGL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 10, 2026 | AU$8.64 | AU$9.66 | +11.76% |
Aug 12, 2025 | AU$9.69 | AU$8.42 | -13.12% |
Feb 11, 2025 | AU$10.86 | AU$10.88 | +0.17% |
Aug 13, 2024 | AU$9.72 | AU$9.95 | +2.31% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does AGL Energy Limited (AU:AGL) report earnings?
AGL Energy Limited (AU:AGL) is schdueled to report earning on Aug 19, 2026, TBA (Confirmed).
What is AGL Energy Limited (AU:AGL) earnings time?
AGL Energy Limited (AU:AGL) earnings time is at Aug 19, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of AGL Energy Limited stock?
The P/E ratio of AGL Energy is N/A.
What is AU:AGL EPS forecast?
AU:AGL EPS forecast for the fiscal quarter 2026 (Q4) is 0.41.