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Aurizon Holdings
(Sydney:AZJ)
Aurizon Holdings (AZJ) vs. iShares MSCI Australia ETF (EWA)
Aurizon Holdings Business Overview & Revenue Model
Aurizon Holdings Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.96B | 3.87B | 3.76B | 3.44B | 3.00B | 2.96B |
| Gross Profit | 1.28B | 3.25B | 1.56B | 712.00M | 796.00M | 870.10M |
| EBITDA | 1.54B | 1.53B | 1.64B | 1.38B | 1.46B | 1.50B |
| Net Income | 303.00M | 303.00M | 406.00M | 276.00M | 513.00M | 730.30M |
Balance Sheet | ||||||
| Total Assets | 11.64B | 11.64B | 11.82B | 11.89B | 9.85B | 10.00B |
| Cash, Cash Equivalents and Short-Term Investments | 64.00M | 64.00M | 49.00M | 92.00M | 172.10M | 148.80M |
| Total Debt | 5.50B | 5.50B | 5.08B | 5.28B | 3.34B | 3.88B |
| Total Liabilities | 7.56B | 7.56B | 7.38B | 7.54B | 5.44B | 5.72B |
| Stockholders Equity | 4.09B | 4.09B | 4.44B | 4.35B | 4.41B | 4.27B |
Cash Flow | ||||||
| Free Cash Flow | 605.00M | 765.00M | 451.00M | 91.00M | 641.50M | 580.60M |
| Operating Cash Flow | 1.29B | 1.46B | 1.27B | 849.00M | 1.19B | 1.10B |
| Investing Cash Flow | -706.00M | -707.00M | -692.00M | -2.85B | -527.00M | -361.00M |
| Financing Cash Flow | -397.00M | -739.00M | -626.00M | 1.92B | -639.70M | -615.00M |
Aurizon Holdings Technical Analysis
Aurizon Holdings Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | AU$4.53B | 18.65 | 42.87% | 3.56% | 1.48% | 25.46% | |
71 Outperform | AU$757.26M | 21.65 | 50.61% | 5.24% | 12.96% | 8.19% | |
71 Outperform | AU$2.47B | 27.97 | 8.17% | 4.73% | 13.19% | 14.79% | |
64 Neutral | €5.28B | 39.25 | 6.66% | 3.11% | -4.53% | 97.67% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
62 Neutral | €8.43B | 74.22 | 3.82% | 2.07% | 28.47% | -50.19% | |
60 Neutral | AU$6.20B | 21.07 | 7.03% | 4.29% | 3.01% | -23.84% |
Aurizon Holdings Corporate Events
Aurizon Holdings has notified the ASX that director Timothy Poole ceased to be a director on 15 January 2026 and lodged a final Director’s Interest Notice in accordance with listing rule requirements. The notice details Poole’s relevant interests at cessation, including a total holding of 250,500 Aurizon shares and 10 subordinated notes across various superannuation and investment entities associated with him, providing investors and regulators with transparency over his residual stake following his departure from the board.
The most recent analyst rating on (AU:AZJ) stock is a Hold with a A$4.00 price target. To see the full list of analyst forecasts on Aurizon Holdings stock, see the AU:AZJ Stock Forecast page.
Aurizon Holdings has announced that it will release its half-year financial results for the first half of FY2026 on 16 February 2026, and will host a briefing for analysts and investors on the same day. The scheduled briefing underscores the company’s ongoing engagement with the investment community and will provide stakeholders with an opportunity to assess Aurizon’s operational and financial performance over the period, with a recording to be made available on its website for broader access.
The most recent analyst rating on (AU:AZJ) stock is a Hold with a A$4.00 price target. To see the full list of analyst forecasts on Aurizon Holdings stock, see the AU:AZJ Stock Forecast page.
Aurizon Holdings has reported the cessation of 212,819 performance rights, which lapsed after specified conditions for their vesting were not met or became incapable of being satisfied as of 25 October 2025. The lapse modestly reduces the pool of potential future equity issuance under the company’s incentive arrangements, signalling no immediate cash impact but a slight tightening of prospective dilution for existing shareholders and a possible recalibration of performance-based remuneration outcomes for participants in the plan.
The most recent analyst rating on (AU:AZJ) stock is a Hold with a A$3.45 price target. To see the full list of analyst forecasts on Aurizon Holdings stock, see the AU:AZJ Stock Forecast page.
Aurizon Holdings has cancelled 36,229,962 ordinary fully paid shares following completion of an on-market share buy-back, effective 31 December 2025. The reduction in issued capital is expected to enhance capital management efficiency and may support earnings per share for remaining investors, underlining the company’s ongoing focus on returning surplus capital to shareholders.
The most recent analyst rating on (AU:AZJ) stock is a Hold with a A$3.45 price target. To see the full list of analyst forecasts on Aurizon Holdings stock, see the AU:AZJ Stock Forecast page.
Aurizon Holdings has disclosed a change in director Samantha Tough’s shareholding, as required under market disclosure rules. Tough acquired 8,000 additional Aurizon ordinary shares on 31 December 2025 at $3.68 per share, increasing her direct holding to 39,586 shares, alongside an unchanged indirect holding of 8,391 shares through PSCC Pty Ltd
The most recent analyst rating on (AU:AZJ) stock is a Hold with a A$3.45 price target. To see the full list of analyst forecasts on Aurizon Holdings stock, see the AU:AZJ Stock Forecast page.
Aurizon Holdings has notified the market of the appointment of Amanda McMillan as a director of the company, effective 1 January 2026, in accordance with ASX disclosure requirements. The initial director’s interest notice confirms that McMillan currently holds no relevant interests in Aurizon securities, signalling a governance-focused update with no immediate change to the company’s capital or ownership structure for existing shareholders.
The most recent analyst rating on (AU:AZJ) stock is a Hold with a A$3.45 price target. To see the full list of analyst forecasts on Aurizon Holdings stock, see the AU:AZJ Stock Forecast page.
Aurizon Holdings has notified the ASX of a change in director Samantha Tough’s interests, following her indirect acquisition of 8,391 ordinary shares in the company on 22 December 2025 at $3.575 per share. As a result of the transaction, Tough now holds 31,586 Aurizon shares directly and 8,391 shares indirectly via PSCC Pty Ltd
The most recent analyst rating on (AU:AZJ) stock is a Hold with a A$3.45 price target. To see the full list of analyst forecasts on Aurizon Holdings stock, see the AU:AZJ Stock Forecast page.
Aurizon Holdings Limited, listed on the ASX under the code AZJ, has an on‑market buy-back program in place for its ordinary fully paid shares. The rail freight operator is using this capital management tool to reduce its share count and potentially enhance earnings per share and shareholder returns over time.
The company has updated the market with a daily buy-back notification dated 31 December 2025, reporting that it repurchased 1,314,602 shares on the previous trading day, taking the total number of securities bought back since the program’s commencement on 18 August 2025 to 34,915,360. The ongoing on‑market buy-back underscores Aurizon’s active approach to balance sheet management and signals continued confidence in the company’s valuation and cash-generation capacity, with implications for existing investors through a more concentrated equity base.
The most recent analyst rating on (AU:AZJ) stock is a Hold with a A$3.45 price target. To see the full list of analyst forecasts on Aurizon Holdings stock, see the AU:AZJ Stock Forecast page.
Aurizon Holdings has provided an update on its on-market share buy-back program, confirming that it repurchased 1,769,153 ordinary fully paid shares on the previous trading day, taking the cumulative total bought back to 33,146,207 shares since the program commenced in August 2025. The ongoing daily buy-back notifications indicate a sustained capital management initiative that reduces the company’s share count, which can enhance earnings per share and signal confidence in its financial position, with implications for shareholder value and Aurizon’s capital structure over time.
The most recent analyst rating on (AU:AZJ) stock is a Hold with a A$3.45 price target. To see the full list of analyst forecasts on Aurizon Holdings stock, see the AU:AZJ Stock Forecast page.
Aurizon Holdings has provided an updated notification to the ASX regarding its ongoing on-market share buy-back program for its ordinary fully paid shares. As of 29 December 2025, the company reported that a cumulative total of 30,862,605 shares had been repurchased prior to the previous trading day, with a further 2,283,602 shares bought back on that day alone. The continued execution of this buy-back signals active capital management by Aurizon, potentially supporting earnings per share and capital structure efficiency, and may be interpreted by investors as an indicator of management’s confidence in the company’s valuation and long-term prospects.
The most recent analyst rating on (AU:AZJ) stock is a Hold with a A$3.45 price target. To see the full list of analyst forecasts on Aurizon Holdings stock, see the AU:AZJ Stock Forecast page.
Aurizon Holdings Limited is an Australian rail freight and logistics company listed on the ASX under ticker AZJ, operating primarily in the transportation of bulk commodities and other freight services nationwide. The company has updated the market on progress of its on‑market share buyback program, reporting that a total of 29,060,117 ordinary fully paid shares had been repurchased before the previous trading day, with a further 1,802,488 shares bought back on the prior day, signalling ongoing capital management and a continued focus on returning value to shareholders.
The most recent analyst rating on (AU:AZJ) stock is a Hold with a A$3.45 price target. To see the full list of analyst forecasts on Aurizon Holdings stock, see the AU:AZJ Stock Forecast page.
Aurizon Holdings has provided an updated notification of its on‑market share buy-back, confirming that a total of 26,930,983 ordinary fully paid shares had been repurchased prior to the latest trading day, with a further 2,129,134 shares bought back on the previous day. The continued execution of the buy-back program, first notified in August 2025, signals management’s ongoing capital management strategy, which may support earnings per share and capital efficiency, and reflects confidence in the company’s valuation while potentially affecting liquidity and ownership structure for existing shareholders.
The most recent analyst rating on (AU:AZJ) stock is a Hold with a A$3.45 price target. To see the full list of analyst forecasts on Aurizon Holdings stock, see the AU:AZJ Stock Forecast page.
Aurizon Holdings Limited has provided an updated daily notification to the ASX on its ongoing on-market share buy-back of ordinary fully paid shares, confirming that it repurchased 653,533 securities on the previous trading day, taking the cumulative total bought back to 26,277,450 shares since the program’s commencement. The continued execution of the buy-back reflects Aurizon’s active capital management strategy, which can support earnings per share by reducing the number of shares on issue and may signal confidence in the company’s valuation to investors, while modestly increasing ownership concentration among remaining shareholders.
The most recent analyst rating on (AU:AZJ) stock is a Hold with a A$3.20 price target. To see the full list of analyst forecasts on Aurizon Holdings stock, see the AU:AZJ Stock Forecast page.
Aurizon Holdings Limited has announced an update on its ongoing on-market buy-back program, with a total of 889,029 ordinary fully paid securities bought back on the previous day. This initiative is part of the company’s strategy to optimize its capital structure and enhance shareholder value, reflecting a proactive approach to managing its financial resources.
The most recent analyst rating on (AU:AZJ) stock is a Sell with a A$3.08 price target. To see the full list of analyst forecasts on Aurizon Holdings stock, see the AU:AZJ Stock Forecast page.
Aurizon Holdings Limited has announced a daily update regarding its ongoing on-market buy-back program, with a total of 545,924 ordinary fully paid securities bought back on the previous day, adding to the cumulative total of 24,842,497 securities repurchased. This buy-back initiative is part of Aurizon’s strategy to manage its capital structure and potentially enhance shareholder value, reflecting confidence in its financial position and future prospects.
The most recent analyst rating on (AU:AZJ) stock is a Sell with a A$3.08 price target. To see the full list of analyst forecasts on Aurizon Holdings stock, see the AU:AZJ Stock Forecast page.
Aurizon Holdings Limited announced a daily update on its ongoing on-market buy-back program, revealing that a total of 474,557 ordinary fully paid securities were repurchased on the previous day, adding to the cumulative total of 24,367,940 shares bought back. This buy-back initiative is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value, reflecting its commitment to financial management and market positioning.
The most recent analyst rating on (AU:AZJ) stock is a Sell with a A$3.08 price target. To see the full list of analyst forecasts on Aurizon Holdings stock, see the AU:AZJ Stock Forecast page.
Aurizon Holdings Limited has announced an update regarding its ongoing share buy-back program. The company reported the buy-back of 1,360,099 ordinary fully paid securities on the previous day, bringing the total number of securities bought back to 22,590,387. This move is part of Aurizon’s strategy to manage its capital structure and enhance shareholder value.
The most recent analyst rating on (AU:AZJ) stock is a Sell with a A$3.08 price target. To see the full list of analyst forecasts on Aurizon Holdings stock, see the AU:AZJ Stock Forecast page.
Aurizon Holdings Limited has announced an update on its ongoing on-market buy-back program, with a total of 751,165 ordinary fully paid securities bought back on the previous day, adding to the cumulative total of 21,839,222 securities. This buy-back initiative is part of Aurizon’s strategy to optimize its capital structure, potentially enhancing shareholder value and indicating confidence in its financial health.
The most recent analyst rating on (AU:AZJ) stock is a Sell with a A$3.08 price target. To see the full list of analyst forecasts on Aurizon Holdings stock, see the AU:AZJ Stock Forecast page.
Aurizon Holdings Limited has announced an update regarding its ongoing on-market buy-back program. As of the latest notification, the company has repurchased a total of 21,548,272 securities, with an additional 290,950 securities bought back on the previous day. This buy-back initiative is part of Aurizon’s strategy to optimize its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:AZJ) stock is a Sell with a A$3.08 price target. To see the full list of analyst forecasts on Aurizon Holdings stock, see the AU:AZJ Stock Forecast page.
Aurizon Holdings Limited has announced an update on its ongoing on-market buy-back program. As of the latest notification, the company has repurchased a total of 21,548,272 ordinary fully paid securities, with 292,732 bought back on the previous day. This buy-back initiative is part of Aurizon’s strategy to optimize its capital structure and enhance shareholder value, reflecting its commitment to returning excess capital to shareholders.
The most recent analyst rating on (AU:AZJ) stock is a Sell with a A$3.08 price target. To see the full list of analyst forecasts on Aurizon Holdings stock, see the AU:AZJ Stock Forecast page.
Aurizon Holdings Limited has announced a change in the interests of its director, Andrew Harding, with the acquisition of 842,202 performance rights under the company’s Long Term Incentive (LTI) Plan for 2025. This move, approved at the company’s 2025 Annual General Meeting, reflects a strategic alignment with shareholder interests and aims to enhance executive motivation and retention, potentially impacting the company’s operational focus and stakeholder confidence.
The most recent analyst rating on (AU:AZJ) stock is a Sell with a A$3.08 price target. To see the full list of analyst forecasts on Aurizon Holdings stock, see the AU:AZJ Stock Forecast page.
Aurizon Holdings Limited announced the cessation of 788,806 performance rights due to unmet conditions, effective November 11, 2025. This cessation may impact the company’s capital structure and could have implications for stakeholders, reflecting on the company’s performance metrics and strategic goals.
The most recent analyst rating on (AU:AZJ) stock is a Sell with a A$3.08 price target. To see the full list of analyst forecasts on Aurizon Holdings stock, see the AU:AZJ Stock Forecast page.
Aurizon Holdings Limited has announced an update regarding its ongoing on-market buy-back program. As of November 12, 2025, the company has repurchased a total of 19,934,456 ordinary fully paid securities, with an additional 1,029,596 securities bought back on the previous day. This buy-back initiative is part of Aurizon’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:AZJ) stock is a Sell with a A$3.08 price target. To see the full list of analyst forecasts on Aurizon Holdings stock, see the AU:AZJ Stock Forecast page.
Aurizon Holdings Limited has announced an update regarding its ongoing on-market buy-back program, with a total of 19,161,222 securities bought back before the previous day and an additional 773,234 securities acquired on the previous day. This buy-back initiative reflects the company’s strategy to manage its capital structure effectively, potentially enhancing shareholder value and signaling confidence in its financial position.
The most recent analyst rating on (AU:AZJ) stock is a Sell with a A$3.08 price target. To see the full list of analyst forecasts on Aurizon Holdings stock, see the AU:AZJ Stock Forecast page.
Aurizon Holdings Limited has announced an update regarding its ongoing on-market buy-back program. As of November 10, 2025, the company has repurchased a total of 18,658,259 ordinary fully paid securities, with an additional 502,963 securities bought back on the previous day. This buy-back initiative is part of Aurizon’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:AZJ) stock is a Sell with a A$3.08 price target. To see the full list of analyst forecasts on Aurizon Holdings stock, see the AU:AZJ Stock Forecast page.
Aurizon Holdings Limited announced an update regarding its ongoing on-market buy-back program, with a total of 705,885 ordinary fully paid securities bought back on the previous day, adding to a cumulative total of 17,319,690 securities. This buy-back initiative is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value, reflecting a proactive approach to managing its financial resources.
The most recent analyst rating on (AU:AZJ) stock is a Sell with a A$3.08 price target. To see the full list of analyst forecasts on Aurizon Holdings stock, see the AU:AZJ Stock Forecast page.
Aurizon Holdings Limited has announced an update regarding its ongoing on-market buy-back program, with a total of 561,658 ordinary fully paid securities bought back on the previous day, adding to the cumulative total of 16,758,032 securities repurchased. This buy-back initiative is part of Aurizon’s strategy to optimize its capital structure and potentially enhance shareholder value by reducing the number of shares outstanding.
The most recent analyst rating on (AU:AZJ) stock is a Sell with a A$3.08 price target. To see the full list of analyst forecasts on Aurizon Holdings stock, see the AU:AZJ Stock Forecast page.