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Cleanaway Waste Management Ltd. (AU:CWY)
ASX:CWY
Earnings Data
Report Date
Aug 26, 2026TBA (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
0.06Last Year’s EPS
0.05Same Quarter Last Year
Strong Buy
Based on 9 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The earnings call presents a broadly positive operational and financial momentum: solid top-line growth (13%), double‑digit improvements in key profitability metrics (EBIT +16.9%), an upgraded FY26 EBIT guidance, identified cost savings and synergies that should meaningfully boost FY27 results, and continued investment in safety and digitization. Material negatives include two fatal incidents, one-off cash drag from a large catch‑up tax payment and legacy remediation costs, higher net finance costs from acquisition financing, underperformance in Health Services/OTS and noncash impairments tied to specific assets. On balance the company signals improving performance, credible execution on synergies and a clearer path to stronger free cash flow in H2 and FY27, outweighing the notable but largely one-off or remediable lowlights.Company Guidance
Group Revenue Growth
Net revenue increased 13% to almost $1.9 billion in 1H FY26, driven by disciplined pricing and strategic acquisitions (Citywide, Contract Resources).
EBIT and Margin Expansion
Group EBIT rose 16.9% to $228 million and EBIT margin improved 40 basis points to 12.2%, reflecting better asset utilization and cost efficiency.
Upgraded Full-Year Guidance
Management upgraded FY26 EBIT guidance to $480–$500 million (midpoint implies ~19% year‑on‑year EBIT growth), citing clear drivers for a stronger second half.
Strong Segment Performance – Solid Waste Services
Solid Waste Services net revenue grew 7.5% to $1.25 billion; EBIT increased 11% to $196.7 million and EBIT margin expanded 50 basis points to 15.7%.
Industrial Services and Contract Resources Outperformance
Industrial Services net revenue increased 74% to $339 million and EBIT grew 164% to $28.8 million. Contract Resources revenue up 19.5% to $157.8 million with EBIT $17.5 million and EBITA $20.1 million (EBITA margin 12.7%).
Return and Profitability Improvements
Group ROCE improved 80 basis points to 9.4%; ROIC up 60 basis points to 6.3%; EPSA up 18.2% and NPATA up 18.5% to $117.3 million.
Dividend Increase
Board declared a fully franked interim dividend of $0.0335 per share, up 19.6%, reflecting confidence in sustainable cash generation.
Cost Savings and Synergies Identified
Expect to capture ~$3 million in synergies from the Contract Resources acquisition and $15 million in in‑year savings from the indirect cost review, increasing to at least $35 million annualized benefit in FY27.
Capital Intensity Declining; CapEx Guidance Stable
FY26 CapEx guidance unchanged at ~ $415 million; company expects CapEx as a percentage of revenue to be the lowest in five years and to shift spend toward lower‑risk fleet investment.
Operational and Network Wins
Secured Cairns municipal collections contract (7.5 years; >$100 million revenue over life), improved post‑collections project volumes/pricing, and grew resource recovery volumes (CDS + FOGO-driven wins in NSW).
Safety and Risk-Reduction Investments
Serious injury frequency rate reduced 64% vs 1H FY25 to 0.36; TRIFR down 35% to 3.5. No major or significant environmental incidents in the half. $21 million of HS&E capital spent in H1 on risk reduction, with yellow-gear pedestrian detection rolled out mid‑calendar year and IVMS across ~3,500 heavy vehicles by Dec 2026 (costs included in FY26 CapEx).
AU:CWY 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:CWY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 25, 2026 | AU$2.40 | AU$2.58 | +7.50% |
Aug 19, 2025 | AU$2.82 | AU$2.78 | -1.38% |
Feb 18, 2025 | AU$2.64 | AU$2.63 | -0.38% |
Aug 20, 2024 | AU$2.81 | AU$2.86 | +1.71% |
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 Cleanaway Waste Management Ltd. (AU:CWY) report earnings?
Cleanaway Waste Management Ltd. (AU:CWY) is schdueled to report earning on Aug 26, 2026, TBA (Confirmed).
What is Cleanaway Waste Management Ltd. (AU:CWY) earnings time?
Cleanaway Waste Management Ltd. (AU:CWY) earnings time is at Aug 26, 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 Cleanaway Waste Management Ltd. stock?
The P/E ratio of Cleanaway Waste Management is N/A.
What is AU:CWY EPS forecast?
AU:CWY EPS forecast for the fiscal quarter 2026 (Q4) is 0.06.