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Macmahon Holdings Limited (AU:MAH)
ASX:MAH
Earnings Data
Report Date
Aug 24, 2026TBA (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
0.03Last Year’s EPS
0.02Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a strong set of operating and financial results: double-digit revenue and earnings growth, robust cash generation, improved capital efficiency (ROACE), a healthy order book and a large tender pipeline, and a notable surge in Civil Infrastructure. Negative points were limited but material: a workplace fatality under investigation, a one-off tax payment that dampened free cash flow in the half, elevated full-year capex guidance, and competitive conversion risks in civil tenders. On balance the positives—significant growth, improved margins, stronger balance sheet and higher shareholder returns—substantially outweigh the lowlights.Company Guidance
Revenue and Earnings Growth
Group revenue increased 11% to $1.3 billion; underlying EBITDA rose 10% to $200 million; underlying EBITA grew 17% to $91 million, reflecting broad-based operational improvement and successful diversification.
Strong Cash Generation and Balance Sheet
Underlying operating cash flow up 17% to $190.5 million with free cash flow of $39.3 million after tax, interest and capex; net debt reduced from $162.5 million to $144.1 million; gearing down to 17%; net debt/EBITDA 0.36x; cash and available facilities totaled $539 million.
Improved Capital Efficiency (ROACE)
Return on average capital employed (ROACE) improved to 21.2% (up from 17.5% in the prior corresponding half) as the business shifts to higher-ROACE services and targets >25% over time.
Order Book and Tender Pipeline
Order book of $5.1 billion with FY '26 revenue already contracted at $2.5 billion; tender pipeline of $25.6 billion (around 50% / ~$14 billion expected to be awarded within 12 months), providing strong revenue visibility and selective bidding flexibility.
Civil Infrastructure Surge
Civil revenue of $307 million (up 61%) and underlying EBITA of $19 million (up 67%); civil contribution ~21% of group EBITA; underlying EBITA margin improved to 6.2% from 6% pcp; $500 million of new awards and a near $8 billion civil pipeline (over $5 billion expected to be awarded in next 12 months).
Mining Contract Wins and Pipeline
Surface wins included a 3-year Byerwen extension for $792 million (with a 2-year option up to $1.32 billion) and a 7-year Langkawi extension in Malaysia; Surface pipeline of $9.6 billion (with $5.6 billion expected in 12 months) and Underground pipeline of $8.1 billion (with $3.5 billion expected), supporting targets including $750 million Underground revenue by FY '28.
Shareholder Returns and Cost of Debt Improvements
Interim fully franked dividend increased 73% to $0.095 per share (payout ratio ~37.1%); net finance costs decreased to $15 million (from $17 million); effective borrowing cost lowered to 6% from 6.7% year-on-year.
Operational and People Progress
Workforce over 10,000; TRIFR has reduced since FY '21; programs focused on mental health (Strong Minds, Strong Mines) and leadership development; First Nations representation reached 4.3% and Australian-based female representation near 20% with an 11% reduction in female turnover between Dec '23 and Dec '25.
AU:MAH 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:MAH Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 16, 2026 | AU$0.64 | AU$0.67 | +4.72% |
Aug 18, 2025 | AU$0.35 | AU$0.39 | +9.66% |
Feb 17, 2025 | AU$0.32 | AU$0.30 | -6.33% |
Aug 19, 2024 | AU$0.27 | AU$0.30 | +8.82% |
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 Macmahon Holdings Limited (AU:MAH) report earnings?
Macmahon Holdings Limited (AU:MAH) is schdueled to report earning on Aug 24, 2026, TBA (Confirmed).
What is Macmahon Holdings Limited (AU:MAH) earnings time?
Macmahon Holdings Limited (AU:MAH) earnings time is at Aug 24, 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 Macmahon Holdings Limited stock?
The P/E ratio of Macmahon Holdings Limited is N/A.
What is AU:MAH EPS forecast?
AU:MAH EPS forecast for the fiscal quarter 2026 (Q4) is 0.03.