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Aristocrat Leisure Limited (AU:ALL)
ASX:ALL

Aristocrat Leisure (ALL) AI Stock Analysis

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AU:ALL

Aristocrat Leisure

(Sydney:ALL)

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Neutral 67 (OpenAI - 4o)
Rating:67Neutral
Price Target:
AU$64.00
▲(12.50% Upside)
Aristocrat Leisure's overall stock score is driven by strong financial performance and positive earnings call insights, highlighting robust growth and market share gains. However, technical indicators suggest bearish momentum, and valuation metrics indicate moderate attractiveness.
Positive Factors
Strong Cash Flow
Strong cash flow supports ongoing investments and dividend payments, enhancing financial stability and growth potential.
Market Share Gains
Increased market share in key regions indicates competitive strength and potential for sustained revenue growth.
Profitability Improvement
Improved profitability reflects efficient operations and strong pricing power, supporting long-term financial health.
Negative Factors
Revenue Growth Challenges
Negative revenue growth suggests potential market saturation or increased competition, impacting future expansion.
Increased Legal Expenses
Rising legal expenses can strain resources and distract management, affecting operational focus and profitability.
Interest Income Decline
Reduced interest income limits financial flexibility and may impact the company's ability to fund future initiatives.

Aristocrat Leisure (ALL) vs. iShares MSCI Australia ETF (EWA)

Aristocrat Leisure Business Overview & Revenue Model

Company DescriptionAristocrat Leisure Limited, together with its subsidiaries, provides gaming content and technology related mobile games in Australia. The company offers aristocrat gaming and pixel united, a gaming product, as well as casino management systems. It also provides cabinets and gaming products. In addition, the company offers online money gaming services. Aristocrat Leisure Limited was incorporated in 1984 and is headquartered in North Ryde, Australia.
How the Company Makes MoneyAristocrat Leisure generates revenue through multiple key streams. The primary source of income comes from the sale of gaming machines and systems to casinos and gaming operators worldwide. This includes both physical machines and digital gaming solutions. Additionally, the company earns significant revenue from the licensing of its gaming content and technology. Aristocrat is also involved in the social gaming market, where it monetizes through in-app purchases and virtual goods. Partnerships with online casinos and gaming platforms further enhance its revenue through game distribution and collaboration on new gaming experiences. The company's ongoing investment in innovation and technology, along with its strong brand reputation, positions it to capitalize on the growing global gaming market.

Aristocrat Leisure Earnings Call Summary

Earnings Call Date:Nov 11, 2025
(Q4-2025)
|
% Change Since: |
Next Earnings Date:May 14, 2026
Earnings Call Sentiment Positive
The earnings call reflects a strong financial performance with significant market share gains and growth in key segments such as Product Madness and Interactive. Despite some challenges like increased legal expenses and a decline in interest income, the overall outlook remains positive with continued investment in technology and sustainability initiatives.
Q4-2025 Updates
Positive Updates
Strong Financial Performance
Aristocrat delivered NPATA of $1.6 billion, an increase of 12%. EPSA increased by 15% to $2.47, with revenue rising 11% to $6.3 billion.
Market Share Gains
Aristocrat Gaming achieved significant share gains in North America and ANZ, with ship share recovering to over 50% in ANZ and reaching 31% in North America.
Product Madness Growth
Product Madness delivered impressive performance with share gains and 12% profit growth, driven by strong user acquisition and high-performing content.
iLottery and Interactive Expansion
Interactive segment showed strong performance with new contract wins and a 7% revenue increase on a pro forma basis, including a 14% growth in iLottery revenue.
Sustainability Initiatives
Significant progress was made in sustainability goals, with a focus on safer play standards and preparations for mandatory climate reporting.
Negative Updates
Legal Expenses
Legal costs increased by $33 million compared to FY '24, including $21 million for litigation against Light & Wonder.
Interest Income Decline
Interest income decreased by $34 million due to lower average cash balances following the NeoGames acquisition and continued share buybacks.
Tax Rate Increase
Effective tax rate increased to 28% from 27% in the previous fiscal year, reflecting changes in regional earnings mix and acquisition-related transitional changes.
Company Guidance
During the Aristocrat Full Year 2025 Results Briefing Webcast and Conference Call, substantial guidance was provided, highlighting the company's robust financial performance. Aristocrat reported an 11% increase in group revenues to $6.3 billion, with segment profit rising by 12%, driven by strong organic growth and the full-year inclusion of NeoGames. The company's NPATA grew by 12% to $1.6 billion, with EPSA increasing by 15% to $2.47. Key metrics included a 9% CAGR in group revenues and a 19% CAGR in segment profits over the past five years. The Aristocrat Gaming segment showed significant performance, with North American outright sales achieving a 31% ship share, and Product Madness exhibiting a 12% profit increase with margins improving by 380 basis points. Moving forward, Aristocrat expects to achieve NPATA growth by September 2026, focusing on social casino, iLottery, and leveraging its gaming content and technology across markets, with anticipated mid-single-digit growth in D&D investment.

Aristocrat Leisure Financial Statement Overview

Summary
Aristocrat Leisure demonstrates solid financial health with strong profitability and cash flow metrics. Despite recent revenue growth challenges, the company maintains efficient operations and a stable balance sheet with decreasing leverage.
Income Statement
75
Positive
Aristocrat Leisure shows strong profitability with a consistent gross profit margin around 58% and a net profit margin improving to 22.7% in 2025. However, revenue growth has been negative recently, indicating potential challenges in expanding sales. EBIT and EBITDA margins are healthy, reflecting efficient operations.
Balance Sheet
70
Positive
The company maintains a stable financial position with a declining debt-to-equity ratio, now at 0.31, indicating reduced leverage. Return on equity is robust at 21.8%, showcasing effective use of shareholder funds. The equity ratio is solid, reflecting a balanced asset structure.
Cash Flow
78
Positive
Aristocrat Leisure's cash flow performance is strong, with a positive free cash flow growth rate of 5.07% in 2025. The operating cash flow to net income ratio is slightly above 1, indicating good cash generation relative to earnings. Free cash flow to net income ratio remains high, supporting dividend and investment capabilities.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue6.30B6.30B6.60B6.30B5.57B4.74B
Gross Profit3.77B3.70B3.87B3.44B2.95B2.33B
EBITDA2.47B2.45B2.28B2.21B1.85B1.45B
Net Income1.64B1.43B1.30B1.45B948.50M820.00M
Balance Sheet
Total Assets10.39B10.39B10.30B10.92B10.12B8.67B
Cash, Cash Equivalents and Short-Term Investments1.29B1.29B959.10M3.19B3.03B2.44B
Total Debt2.03B2.03B2.41B2.68B2.79B3.52B
Total Liabilities3.84B3.84B4.02B4.20B4.10B4.79B
Stockholders Equity6.56B6.56B6.28B6.73B6.02B3.88B
Cash Flow
Free Cash Flow1.58B1.58B1.35B1.35B977.20M1.10B
Operating Cash Flow1.93B1.93B1.77B1.80B1.25B1.33B
Investing Cash Flow441.30M441.30M-2.01B-629.70M-334.40M-310.40M
Financing Cash Flow-2.07B-2.07B-1.87B-1.03B-605.30M-257.30M

Aristocrat Leisure Technical Analysis

Technical Analysis Sentiment
Negative
Last Price56.89
Price Trends
50DMA
61.78
Negative
100DMA
65.49
Negative
200DMA
65.03
Negative
Market Momentum
MACD
-1.12
Negative
RSI
35.85
Neutral
STOCH
21.05
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:ALL, the sentiment is Negative. The current price of 56.89 is below the 20-day moving average (MA) of 57.71, below the 50-day MA of 61.78, and below the 200-day MA of 65.03, indicating a bearish trend. The MACD of -1.12 indicates Negative momentum. The RSI at 35.85 is Neutral, neither overbought nor oversold. The STOCH value of 21.05 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:ALL.

Aristocrat Leisure Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
67
Neutral
$35.78B25.3717.53%1.63%-4.64%11.95%
61
Neutral
$18.38B12.79-2.54%3.03%1.52%-15.83%
61
Neutral
AU$12.02B32.87106.73%3.15%-6.28%-11.67%
60
Neutral
AU$336.79M15.906.11%18.91%12.22%558.33%
55
Neutral
$2.12B57.812.89%2.07%8.62%
43
Neutral
AU$314.57M-142.61%6.47%60.03%
43
Neutral
AU$260.16M-23.58-14.71%126.29%95.17%
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:ALL
Aristocrat Leisure
56.89
-9.64
-14.48%
AU:AGI
Ainsworth Game Technology
1.01
0.19
24.07%
AU:PBH
PointsBet Holdings
0.90
-0.05
-5.76%
AU:TAH
Tabcorp Holdings Limited
0.97
0.41
73.87%
AU:BBT
BlueBet Holdings Ltd.
0.20
-0.11
-35.48%
AU:TLC
Lottery Corporation Limited
5.23
0.27
5.44%

Aristocrat Leisure Corporate Events

Aristocrat Leisure Updates Director’s Securities Holdings
Nov 28, 2025

Aristocrat Leisure Limited announced a change in the director’s interest, specifically regarding Trevor John Croker’s securities. The update includes the vesting and allocation of performance share rights (PSRs) and the compulsory sale of some securities to satisfy US withholding tax liabilities. This change reflects the company’s ongoing management of executive compensation and compliance with regulatory requirements, potentially impacting shareholder value and market perception.

Aristocrat Leisure Releases Full-Year 2025 Results
Nov 11, 2025

Aristocrat Leisure Limited has released its full-year 2025 results, highlighting its commitment to innovation and entertainment in the gaming industry. The company’s diverse product offerings and global reach position it strongly in the market, with implications for continued growth and stakeholder engagement.

Aristocrat Leisure Reports Strong FY25 Results with Strategic Realignment
Nov 11, 2025

Aristocrat Leisure Limited reported a strong financial performance for FY25, with a 15% growth in earnings per share after amortization (EPSA). The company achieved an 11% increase in revenue, driven by market share gains and the full-year inclusion of NeoGames. The divestiture of Plarium and Big Fish Games marked a strategic realignment, focusing Product Madness on social casino operations. Aristocrat returned $1.4 billion to shareholders through dividends and share buy-backs, while continuing to invest in technology and product development. The company’s sustainability efforts and capital management strategy remain key priorities as it seeks to capture strategic opportunities and sustain growth momentum.

Aristocrat Leisure Announces AUD 0.49 Dividend for Shareholders
Nov 11, 2025

Aristocrat Leisure Limited has announced a dividend distribution of AUD 0.49 per share, related to the financial period ending on September 30, 2025. The dividend will be paid on December 8, 2025, with a record date of November 26, 2025, and an ex-date of November 25, 2025. This announcement reflects the company’s ongoing commitment to delivering value to its shareholders and may positively impact its market positioning by reinforcing investor confidence.

Aristocrat Leisure Reports 2025 Full-Year Profit Results
Nov 11, 2025

Aristocrat Leisure Limited announced its 2025 full-year profit results, reflecting its continued growth and strong market presence in the gaming industry. The announcement underscores the company’s commitment to leveraging technology to enhance its gaming offerings and entertain a global audience, potentially impacting its operations and positioning within the industry.

Aristocrat Leisure Announces Cessation of Performance Share Rights
Oct 13, 2025

Aristocrat Leisure Limited announced the cessation of 263,807 performance share rights due to unmet conditions, effective September 30, 2025. This cessation reflects a lapse in conditional rights, potentially impacting the company’s capital structure and signaling challenges in meeting performance benchmarks, which may have implications for stakeholders and market perception.

Aristocrat Leisure Issues New Equity Securities
Oct 13, 2025

Aristocrat Leisure Limited announced the issuance and conversion of unquoted equity securities, specifically 37,222 ordinary fully paid securities as of September 30, 2025. This move is part of the company’s ongoing financial strategies, potentially impacting its capital structure and providing insights into its operational adjustments and market positioning.

Aristocrat Leisure Issues New Performance Share Rights
Oct 13, 2025

Aristocrat Leisure Limited announced the issuance of 25,321 performance share rights under an employee incentive scheme. These securities, which are not intended to be quoted on the ASX, reflect the company’s ongoing commitment to incentivizing and retaining talent, potentially impacting its operational efficiency and market competitiveness.

Aristocrat Leisure Issues Performance Share Rights to Employees
Oct 13, 2025

Aristocrat Leisure Limited announced the issuance of 64,113 performance share rights as part of an employee incentive scheme. These unquoted securities are not intended to be listed on the ASX, reflecting the company’s ongoing efforts to incentivize and retain talent, which may enhance its operational capabilities and competitive positioning in the gaming industry.

Aristocrat Leisure Announces Cessation of Securities
Oct 1, 2025

Aristocrat Leisure Limited announced the cessation of 2,644,810 ordinary fully paid securities due to an on-market buy-back, effective September 30, 2025. This move is part of the company’s capital management strategy, potentially impacting its financial structure and shareholder value by reducing the number of outstanding shares.

Aristocrat Leisure Director Increases Shareholding
Sep 29, 2025

Aristocrat Leisure Limited announced a change in the director’s interest, with Mr. Neil Gregory Chatfield acquiring 624 fully paid ordinary shares, bringing his total to 25,000 shares. This transaction, conducted as an on-market trade, reflects a continued commitment to the company, potentially signaling confidence in its strategic direction and future performance.

Aristocrat Leisure Updates on Share Buy-Back Program
Sep 29, 2025

Aristocrat Leisure Limited has announced an update regarding its ongoing on-market buy-back program. As of September 29, 2025, the company has repurchased a total of 8,615,409 ordinary fully paid securities, including 163,600 bought back on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.

Aristocrat Leisure Updates on Share Buy-Back Program
Sep 25, 2025

Aristocrat Leisure Limited announced an update on its ongoing on-market share buy-back program, detailing the acquisition of 155,959 ordinary fully paid securities on the previous day, adding to a total of 8,295,850 securities bought back before that day. This buy-back initiative is part of the company’s strategy to enhance shareholder value and optimize its capital structure, reflecting its confidence in its financial position and future prospects.

Aristocrat Leisure Updates on Securities Buy-Back Program
Sep 24, 2025

Aristocrat Leisure Limited has announced an update on its ongoing buy-back program, revealing that a total of 8,030,278 securities have been bought back before the previous day, with an additional 108,699 securities acquired on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure and enhance shareholder value, reflecting a proactive approach to financial management and market positioning.

Aristocrat Leisure Updates on Share Buy-Back Progress
Sep 22, 2025

Aristocrat Leisure Limited has announced an update on its ongoing share buy-back program, revealing that a total of 155,864 ordinary fully paid securities were bought back on the previous day, adding to the 7,874,414 securities already repurchased. This buy-back initiative is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value, reflecting its robust financial position and commitment to returning capital to shareholders.

Aristocrat Leisure Updates on Share Buy-Back Progress
Sep 22, 2025

Aristocrat Leisure Limited has announced an update on its ongoing on-market buy-back program, with a total of 414,386 ordinary fully paid securities bought back on the previous day, adding to a cumulative total of 7,460,028 securities. This buy-back initiative reflects the company’s strategic efforts to manage its capital structure and potentially enhance shareholder value, indicating a proactive approach in its financial management and market positioning.

Aristocrat Leisure Updates on Share Buy-Back Program
Sep 18, 2025

Aristocrat Leisure Limited has announced an update on its ongoing share buy-back program, with a total of 7,314,219 securities bought back before the previous day and an additional 145,809 securities repurchased on the previous day. This strategic move is part of the company’s efforts to enhance shareholder value and optimize its capital structure, potentially impacting its market positioning and stakeholder interests positively.

Aristocrat Leisure Updates on Share Buy-Back Progress
Sep 17, 2025

Aristocrat Leisure Limited has announced an update on its ongoing share buy-back program, revealing that a total of 148,460 ordinary fully paid securities were bought back on the previous day, bringing the total number of securities bought back to 7,165,759. This buy-back initiative is part of the company’s strategy to manage its capital structure and return value to shareholders, potentially impacting its stock performance and market perception.

Aristocrat Leisure Updates on Share Buy-Back Program
Sep 16, 2025

Aristocrat Leisure Limited has announced an update on its ongoing share buy-back program, revealing that a total of 215,759 ordinary fully paid securities were bought back on the previous day, adding to a cumulative total of 6,950,000 securities repurchased. This buy-back initiative reflects the company’s strategy to optimize its capital structure and potentially enhance shareholder value, signaling confidence in its financial health and future prospects.

Aristocrat Leisure Updates on Share Buy-Back Progress
Sep 15, 2025

Aristocrat Leisure Limited has announced an update on its ongoing share buy-back program, reporting the acquisition of 123,292 ordinary fully paid securities on the previous day, bringing the total to 6,826,708 securities bought back to date. This buy-back initiative is part of the company’s strategy to optimize capital structure and enhance shareholder value, reflecting a commitment to returning excess capital to shareholders.

Aristocrat Leisure Announces Key Leadership Changes
Sep 11, 2025

Aristocrat Leisure Limited has announced significant leadership changes, with Moti Malul stepping down as CEO of Aristocrat Interactive, to be succeeded by Dylan Slaney, a seasoned iGaming executive. Additionally, Barry French will take over as Chief Corporate Affairs & Marketing Officer following Natalie Toohey’s departure. These appointments aim to strengthen Aristocrat’s strategic goals, enhance its market-leading position in iLottery, and improve stakeholder relationships, as stated by CEO Trevor Croker.

Aristocrat Leisure Updates on Share Buy-Back Progress
Sep 9, 2025

Aristocrat Leisure Limited has announced an update on its ongoing on-market buy-back program. As of September 10, 2025, the company has repurchased a total of 6,688,683 ordinary fully paid securities, including 144,769 securities bought back on the previous day. This buy-back initiative is part of Aristocrat’s strategy to optimize its capital structure and enhance shareholder value.

Aristocrat Leisure Announces Cessation of Securities
Sep 9, 2025

Aristocrat Leisure Limited has announced the cessation of 1,433,618 ordinary fully paid securities as part of an on-market buy-back, effective September 2, 2025. This move reflects the company’s strategic decision to manage its capital structure, potentially enhancing shareholder value and strengthening its market position.

Aristocrat Leisure Updates on Share Buy-Back Program
Sep 8, 2025

Aristocrat Leisure Limited has announced an update regarding its ongoing share buy-back program. As of September 9, 2025, the company has repurchased a total of 6,543,914 ordinary fully paid securities, including 106,719 securities bought back on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Dec 04, 2025