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Austal
(Sydney:ASB)
Austal (ASB) vs. iShares MSCI Australia ETF (EWA)
Austal Business Overview & Revenue Model
Austal Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.82B | 1.82B | 1.47B | 1.59B | 1.43B | 1.57B |
| Gross Profit | 229.92M | 229.60M | 172.51M | 99.10M | 230.28M | 222.56M |
| EBITDA | 174.29M | 199.76M | 127.64M | 56.76M | 153.96M | 160.69M |
| Net Income | 89.73M | 89.73M | 14.88M | -13.77M | 79.56M | 81.06M |
Balance Sheet | ||||||
| Total Assets | 2.95B | 2.95B | 2.09B | 1.93B | 1.69B | 1.45B |
| Cash, Cash Equivalents and Short-Term Investments | 583.93M | 583.93M | 173.51M | 179.20M | 240.11M | 346.90M |
| Total Debt | 266.99M | 266.99M | 281.06M | 240.46M | 234.12M | 204.60M |
| Total Liabilities | 1.64B | 1.64B | 1.09B | 885.12M | 675.97M | 615.78M |
| Stockholders Equity | 1.31B | 1.31B | 1.00B | 948.82M | 924.28M | 774.04M |
Cash Flow | ||||||
| Free Cash Flow | 211.40M | 210.68M | -82.96M | -41.91M | -127.42M | 30.18M |
| Operating Cash Flow | 406.32M | 406.32M | -13.05M | 86.71M | 37.50M | 107.33M |
| Investing Cash Flow | -149.23M | -149.23M | -12.70M | -102.78M | -127.51M | -85.05M |
| Financing Cash Flow | 153.76M | 153.76M | 19.52M | -38.06M | -38.33M | -46.31M |
Austal Technical Analysis
Austal Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | AU$904.33M | 13.42 | 10.32% | 10.77% | 16.61% | 3.07% | |
64 Neutral | $2.62B | 26.34 | 7.54% | ― | 24.13% | 474.03% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
57 Neutral | AU$195.61M | 60.36 | 5.66% | 1.32% | -14.88% | -56.89% | |
56 Neutral | AU$1.66B | 21.91 | 9.26% | 1.56% | 15.14% | -7.23% | |
51 Neutral | $966.69M | 28.45 | -28.75% | ― | -72.88% | ― | |
40 Neutral | AU$24.17M | ― | -42.31% | ― | -34.48% | -26000.00% |
Austal Corporate Events
Austal Limited has announced that State Street Corporation and its subsidiaries have ceased to be substantial holders of voting securities in the company as of December 3, 2025. This change in substantial holding may impact Austal’s shareholder structure and influence, potentially affecting its strategic decisions and market perception.
Austal Limited has announced a change in substantial holding, as State Street Corporation and its subsidiaries have ceased to be substantial holders in the company as of November 27, 2025. This change in holding may impact Austal’s shareholder structure and could have implications for the company’s governance and strategic decisions moving forward.
Austal Limited has announced that State Street Corporation and its subsidiaries have ceased to be substantial holders in the company as of November 24, 2025. This change in substantial holding may impact Austal’s shareholder composition and could influence its market strategies and investor relations.
Austal Limited has announced that State Street Corporation and its subsidiaries have ceased to be substantial holders in the company as of November 12, 2025. This change in substantial holding could impact Austal’s shareholder dynamics and influence in the market, potentially affecting its strategic decisions and stakeholder relationships.
Austal Limited has been awarded a project-specific Tasking Statement under the Strategic Shipbuilding Agreement by the Commonwealth of Australia, appointing Austal Defence Australia as the Design Authority for the Landing Craft Medium (LCM) with a value of approximately A$15 million. This tasking allows Austal Defence Australia to advance the LCM design, with expectations of further tasking for design and construction in late 2025, potentially enhancing Austal’s industry positioning and stakeholder engagement.
Austal Limited has announced that State Street Corporation and its subsidiaries have ceased to be substantial holders of voting securities in the company as of October 28, 2025. This change in substantial holding may impact Austal’s shareholder structure and could influence future voting outcomes and corporate decisions.
Austal Limited’s Annual General Meeting saw the approval of several key resolutions, including the adoption of the remuneration report and the election of board members. The meeting also approved the issuance of share rights to various executives, reflecting strong shareholder support and potentially enhancing the company’s executive alignment with shareholder interests.
Austal’s 2025 Annual General Meeting highlighted significant developments, including a US$450 million investment by the US Government to build a new Module Manufacturing Facility (MMF3) to enhance the production of US nuclear submarines. This expansion is expected to significantly boost Austal’s revenue and operational capacity. Additionally, Austal secured $220 million in funding for constructing Final Assembly 2 (FA2), a crucial infrastructure project for assembling various naval vessels, supported by a $488 million debt refinance, demonstrating robust financial backing and strategic growth initiatives.
Austal Limited has announced that State Street Corporation and its subsidiaries have ceased to be substantial holders in the company as of October 3, 2025. This change in substantial holding could impact Austal’s shareholder structure and influence in the market, potentially affecting the company’s strategic decisions and stakeholder interests.
Austal Limited has secured a US$100 million loan from Export Finance Australia to support the construction of vessels for the US Navy and US Coast Guard at its Mobile, Alabama Shipyard. This funding will aid in the development of Austal’s Final Assembly 2 project, which includes building up to eleven US Coast Guard Offshore Patrol Cutters and up to seven US Navy Ocean Surveillance vessels. The loan signifies a major milestone for Austal, enhancing its $13.1 billion order book and supporting shared defense objectives between the Australian and US Governments. The expansion reflects the strength of Australian businesses in securing international contracts and investing in defense capabilities.
Austal Limited has announced the details for its upcoming Annual General Meeting, including instructions for lodging proxy forms and voting procedures. The meeting will address several resolutions, including the election of directors and approval of share rights, which could impact the company’s governance and executive compensation structure.
Austal Limited has issued an addendum to its Notice of Meeting for the 2025 Annual General Meeting, introducing a new Resolution 11. This resolution seeks shareholder approval to refresh the company’s 15% placement capacity, which is a common practice among ASX-listed companies to maintain flexibility for future capital requirements and strategic opportunities. The addendum includes a replacement proxy form to ensure shareholders can vote on this additional resolution.
Austal Limited has announced the issuance of 870,177 ordinary fully paid securities, which are to be quoted on the Australian Securities Exchange (ASX). This move is part of an employee incentive scheme, potentially enhancing employee engagement and aligning their interests with shareholders, thereby strengthening Austal’s operational and market positioning.
Austal Limited has reached an agreement with the United States Navy to resolve its Request for Equitable Adjustment concerning the Towing, Salvage, and Rescue Ship (T-ATS) program. Initially valued at $145 million for two vessels, the contract expanded to five vessels with a total value of $380 million. Due to challenges such as late technical data and design discrepancies, the contract was deemed onerous. The resolution results in the permanent halt of construction on two vessels, with the contract now limited to three ships. This agreement aligns with previous financial provisions and is expected to have no further impact on Austal’s revenue or earnings.
Austal Limited has announced the details for their upcoming Annual General Meeting, scheduled for October 28, 2025. The meeting will be held physically at the Fremantle Sailing Club in Western Australia, with an option to view the webcast online. Shareholders are encouraged to lodge their proxy forms by October 26, 2025, to participate in the voting process on various resolutions, including the election of directors and approval of share rights. This meeting is crucial for stakeholders as it involves decisions on key management personnel’s remuneration and other strategic resolutions.
Austal Limited has announced its 2025 Annual General Meeting (AGM) to be held in person at the Fremantle Sailing Club, Western Australia, on October 28, 2025. The meeting will be webcast live, allowing securityholders to listen and view materials, although voting and participation will be restricted to those attending physically. This approach underscores Austal’s commitment to engaging with its stakeholders directly, while also adapting to modern digital conveniences.
Austal Limited announced the cessation of John Rothwell as a director, effective September 1, 2025. This change in the board may impact the company’s governance and strategic direction, given Rothwell’s significant role and interests in the company, including a substantial holding of 18,601,692 securities through Austro Pty Ltd.
Austal Limited has announced a change in its substantial holding status, with State Street Corporation and its subsidiaries ceasing to be substantial holders as of September 12, 2025. This change may impact Austal’s shareholder dynamics and influence in the market, as State Street Corporation’s involvement in voting securities has altered, potentially affecting the company’s governance and strategic decisions.
Austal Limited has announced a change in substantial holding, indicating that a significant shareholder has ceased to hold a substantial interest in the company. This change could impact the company’s shareholder structure and voting dynamics, potentially affecting its strategic decisions and market perception.