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Harvey Norman Holdings Ltd
(Sydney:HVN)
Harvey Norman Holdings Ltd (HVN) vs. iShares MSCI Australia ETF (EWA)
Harvey Norman Holdings Ltd Business Overview & Revenue Model
Harvey Norman Holdings Ltd Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.50B | 4.12B | 3.92B | 3.98B | 4.14B | 4.15B |
| Gross Profit | 1.92B | 2.10B | 1.99B | 1.94B | 2.12B | 2.16B |
| EBITDA | 914.39M | 1.06B | 837.26M | 1.08B | 1.39B | 1.37B |
| Net Income | 518.02M | 518.02M | 352.45M | 539.52M | 811.53M | 841.41M |
Balance Sheet | ||||||
| Total Assets | 8.37B | 8.37B | 7.93B | 7.67B | 7.25B | 6.67B |
| Cash, Cash Equivalents and Short-Term Investments | 279.69M | 279.69M | 273.47M | 218.75M | 248.80M | 305.71M |
| Total Debt | 2.29B | 2.29B | 2.28B | 2.18B | 1.90B | 1.74B |
| Total Liabilities | 3.53B | 3.53B | 3.39B | 3.21B | 2.95B | 2.78B |
| Stockholders Equity | 4.80B | 4.80B | 4.50B | 4.43B | 4.26B | 3.86B |
Cash Flow | ||||||
| Free Cash Flow | 510.74M | 510.74M | 494.37M | 492.60M | 502.38M | 443.57M |
| Operating Cash Flow | 694.30M | 694.30M | 686.53M | 680.26M | 597.30M | 543.87M |
| Investing Cash Flow | -222.54M | -222.54M | -301.18M | -333.48M | -178.79M | -254.12M |
| Financing Cash Flow | -445.62M | -445.62M | -334.25M | -379.07M | -432.87M | -335.47M |
Harvey Norman Holdings Ltd Technical Analysis
Harvey Norman Holdings Ltd Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | AU$3.61B | 16.26 | 16.46% | 7.18% | 4.83% | -7.62% | |
66 Neutral | $8.75B | 17.10 | 10.92% | 3.77% | 5.09% | 46.94% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
60 Neutral | AU$2.24B | 13.55 | 10.29% | 3.57% | -48.80% | -35.88% | |
58 Neutral | AU$10.46B | 22.84 | 29.12% | 2.57% | 10.03% | 5.38% | |
55 Neutral | AU$630.69M | 21.69 | 16.86% | 2.91% | 1.89% | -3.30% | |
42 Neutral | AU$812.05M | -2.85 | -36.66% | 6.38% | 13.78% | -413.50% |
Harvey Norman Holdings Ltd Corporate Events
Harvey Norman Holdings Ltd has announced a change in the interests of its directors, specifically John Evyn Slack-Smith and Chris Mentis. The announcement, authorized by Company Secretary Chris Mentis, details the acquisition of 90,500 FY26 Performance Rights by John Evyn Slack-Smith, reflecting the company’s ongoing adjustments in director holdings, which could influence stakeholder perceptions and the company’s governance dynamics.
Harvey Norman Holdings Ltd has announced the issuance of 181,000 unquoted securities under its employee incentive scheme, specifically as FY26 Performance Rights. These securities are subject to transfer restrictions and will not be quoted on the ASX until these restrictions are lifted. This move is part of the company’s strategy to incentivize and retain key employees, potentially impacting its operational efficiency and market competitiveness.
At the Annual General Meeting held on November 26, 2025, Harvey Norman Holdings Ltd announced that all resolutions were passed except for the appointment of Mr. Stephen Mayne as a director. The meeting outcomes reflect the company’s ongoing governance and strategic decisions, impacting its leadership structure and potentially influencing investor confidence.
Harvey Norman Holdings Ltd presented an overview of its international store operations and expansion strategy at its Annual General Meeting. The company highlighted its recent store openings, including a major expansion in Queensland, Australia, and new locations in New Zealand’s South Island, which enhance its market presence. The expansion reflects Harvey Norman’s strategic focus on large format retail in high-value metropolitan growth centers. The company also celebrated the 10th anniversary of its flagship store in Singapore, emphasizing its success in delivering exceptional in-store experiences.
Harvey Norman Holdings Ltd reported a 9.1% increase in aggregated sales revenue for the period from July 1, 2025, to November 20, 2025, compared to the same period in 2024. This growth was supported by currency appreciations in several markets and the opening of new stores in Singapore and Malaysia, despite some store closures. The company’s strong performance, particularly in the United Kingdom and Slovenia & Croatia, highlights its robust market positioning and potential positive impact on stakeholders.
Harvey Norman Holdings Ltd has announced an on-market buy-back of its ordinary fully paid shares, as per the notification released on November 3, 2025. This strategic move is likely aimed at enhancing shareholder value and optimizing the company’s capital structure, reflecting confidence in its financial health and future prospects.
Harvey Norman Holdings Ltd has announced an extension of its on-market share buyback program, now set to run from November 24, 2025, to November 23, 2026. The company plans to repurchase up to 10% of its ordinary shares, with the potential cash cost estimated at approximately $900.9 million, based on the closing share price as of October 31, 2025. This move is part of the company’s capital management strategy, aimed at enhancing shareholder value and maintaining financial flexibility. The buyback’s execution will depend on market conditions and share price, with no guarantee that all shares will be repurchased.
Harvey Norman Holdings Ltd has announced its 2025 Annual General Meeting (AGM) scheduled for November 26, 2025, at Novotel Sydney Olympic Park. Shareholders are encouraged to attend in person or listen via telephone, with options for proxy voting available online. The company has also outlined contingency plans for potential changes to the meeting format, ensuring flexibility and accessibility for stakeholders.
Harvey Norman Holdings Limited has announced a change in the director’s interest concerning Gerald Harvey. The notice, authorized by Company Secretary Chris Mentis, indicates no new acquisitions or disposals of securities by Mr. Harvey. This update is part of the company’s compliance with ASX regulations, ensuring transparency and timely disclosure of directors’ interests. The announcement is unlikely to have a significant impact on the company’s operations or market position but is essential for maintaining corporate governance standards.
Harvey Norman Holdings Ltd announced a change in the director’s interest for Gerald Harvey, as disclosed in the Appendix 3Y. This update, authorized by Company Secretary Chris Mentis, reflects the company’s commitment to transparency in its corporate governance practices, potentially impacting stakeholder perceptions and maintaining compliance with ASX regulations.
Harvey Norman Holdings Ltd has announced a change in the director’s interest for Gerald Harvey, as detailed in the Appendix 3Y submitted to the Australian Stock Exchange. This update is part of the company’s regulatory compliance and transparency efforts, ensuring stakeholders are informed about changes in the director’s securities holdings, which can impact shareholder confidence and market perception.
Harvey Norman Holdings Ltd announced a change in the director’s interest involving Michael John Harvey and Gerald Harvey. The change involved the disposal of 321,380 fully paid ordinary shares by Michael John Harvey, valued at approximately $2.35 million, through an on-market trade. This update reflects the company’s adherence to transparency and regulatory compliance in its corporate governance practices.
Harvey Norman Holdings Ltd announced a change in the director’s interest for Gerald Harvey, as disclosed in the attached Appendix 3Y. This notice, authorized by Company Secretary Chris Mentis, is a standard procedural update to inform the Australian Stock Exchange about changes in the director’s securities holdings. While the document does not specify the nature of the change, it reflects the company’s compliance with ASX listing rules, ensuring transparency and accountability for stakeholders.
Harvey Norman Holdings Ltd has announced a change in the interests of its directors, specifically regarding the disposal of FY23 Performance Rights by Gerald Harvey. This update, disclosed to the Australian Stock Exchange, reflects the company’s compliance with regulatory requirements and may influence investor perceptions of the company’s governance and director engagement.
Harvey Norman Holdings Ltd announced the cessation of 1,049,857 performance rights due to the conditions for these securities not being met or becoming incapable of being satisfied. This announcement may impact the company’s capital structure and could have implications for stakeholders, reflecting on the company’s operational strategies and performance metrics.