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Perenti Global
(Sydney:PRN)
Perenti Global (PRN) vs. iShares MSCI Australia ETF (EWA)
Perenti Global Business Overview & Revenue Model
Perenti Global Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.49B | 3.49B | 3.34B | 2.88B | 2.44B | 2.09B |
| Gross Profit | 611.66M | 2.46B | 596.31M | 504.44M | 385.99M | 322.07M |
| EBITDA | 676.33M | 667.68M | 625.33M | 545.18M | 405.80M | 276.79M |
| Net Income | 120.61M | 120.61M | 95.48M | 95.74M | 40.66M | -55.14M |
Balance Sheet | ||||||
| Total Assets | 3.33B | 3.33B | 3.36B | 2.87B | 2.84B | 2.57B |
| Cash, Cash Equivalents and Short-Term Investments | 481.32M | 481.32M | 459.14M | 307.36M | 348.52M | 264.74M |
| Total Debt | 786.04M | 786.04M | 928.60M | 806.36M | 901.86M | 768.00M |
| Total Liabilities | 1.46B | 1.46B | 1.57B | 1.44B | 1.51B | 1.27B |
| Stockholders Equity | 1.83B | 1.83B | 1.76B | 1.41B | 1.31B | 1.29B |
Cash Flow | ||||||
| Free Cash Flow | 199.65M | 199.65M | 152.64M | 24.20M | -126.64M | 9.50M |
| Operating Cash Flow | 510.10M | 510.10M | 487.79M | 398.12M | 341.30M | 288.12M |
| Investing Cash Flow | -223.71M | -223.92M | -382.73M | -275.29M | -311.83M | -202.02M |
| Financing Cash Flow | -271.62M | -271.41M | 52.85M | -173.13M | 48.82M | -138.37M |
Perenti Global Technical Analysis
Perenti Global Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
81 Outperform | $837.64M | 6.03 | 33.38% | ― | 45.73% | 716.15% | |
76 Outperform | $2.73B | 22.45 | 6.57% | 2.50% | 4.41% | 14.44% | |
74 Outperform | $1.21B | 16.57 | 10.88% | 2.61% | 19.50% | 37.55% | |
66 Neutral | $1.44B | 16.46 | 14.22% | ― | 57.22% | ― | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
52 Neutral | $699.14M | ― | -6.67% | ― | ― | -164.37% |
Perenti Global Corporate Events
Perenti Limited announced a change in the director’s interest, with Mark Alexander John Norwell acquiring additional shares and rights through the Perenti Incentive Rights Plan. This change reflects the allocation of shares and rights as part of the company’s incentive plan, indicating a strategic move to align the interests of its leadership with company performance, potentially impacting stakeholder confidence and market perception.
Perenti Limited announced the issuance and conversion of 1,115,411 unquoted equity securities, reflecting a strategic financial maneuver to potentially enhance its capital structure. This move could signify Perenti’s efforts to strengthen its market position and provide value to its stakeholders through improved financial flexibility.
State Street Corporation, through its subsidiaries including State Street Bank and Trust Company and State Street Global Advisors, has ceased to be a substantial holder in Perenti Limited as of November 17, 2025. This change in substantial holding could impact Perenti’s shareholder dynamics and influence within the company, potentially affecting its strategic decisions and market positioning.
Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in Perenti Limited as of November 13, 2025. This change in substantial holding involves multiple transactions of fully paid ordinary shares, primarily facilitated by entities controlled by Morgan Stanley and First Sentier Group Limited. The divestment reflects a strategic shift in Mitsubishi UFJ Financial Group’s investment portfolio, potentially impacting Perenti Limited’s shareholder structure and market perception.
Perenti Global has announced that First Sentier Group Limited and its related bodies have ceased to be substantial holders in the company as of November 10, 2025. This change in substantial holding could impact Perenti’s shareholder structure and influence future voting outcomes, potentially affecting the company’s strategic decisions and market positioning.
Perenti Global, a company involved in mining services, has announced changes in its substantial holding status. The announcement indicates that State Street Corporation and its subsidiaries have ceased to be substantial holders in Perenti Global as of November 3, 2025. This change could impact Perenti’s shareholder structure and influence within the market, potentially affecting its strategic decisions and stakeholder relationships.
Perenti Limited has successfully refinanced its existing syndicated debt facility with a new A$650 million facility, which offers improved pricing and terms. This refinancing was oversubscribed, indicating strong confidence from both domestic and international banks in Perenti’s financial resilience. The increased capacity will provide liquidity and funding to support operational needs and growth initiatives, further strengthening Perenti’s capital structure and positioning it for sustainable shareholder returns.
Perenti Limited has announced the cessation of 567,871 securities due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This announcement may impact the company’s capital structure and could have implications for stakeholders, reflecting on the company’s strategic decisions regarding its securities.
Perenti Limited held its 2025 Annual General Meeting on October 10, where all resolutions were carried, including the adoption of the remuneration report and the re-election of board members. The meeting’s outcomes reflect strong shareholder support for the company’s strategic direction, potentially reinforcing its position in the mining services industry.
Perenti Limited announced a succession process for its Managing Director & CEO, with Mark Norwell set to step down in 2026. The company is in a strong position with a robust leadership team, having delivered record financial results in FY25, including an EBIT(A) of $333.5 million on revenue of $3.49 billion. The company increased its dividend by 21% and continued its share buyback program, supported by strong free cash flow and a healthy balance sheet. Perenti remains committed to safety and strategic growth, as demonstrated by its decision to conclude operations in Botswana due to unmet commercial performance thresholds.
Perenti Limited has announced a succession process for its Managing Director & CEO position, as current CEO Mark Norwell plans to step down in 2026. Under Norwell’s leadership since 2018, Perenti has experienced significant growth, quadrupling its revenue and expanding its market capitalization from approximately $900 million to over $2.7 billion. The company is now positioned as one of the largest mining services companies globally, and the transition is expected to ensure continued success and stability.
Perenti Global announced that its Managing Director and CEO, Mark Norwell, has sold 3,111,033 shares to meet personal tax obligations. This marks his first sale since joining the company in 2018, during which he has led a strategic repositioning that resulted in significant growth and strengthened shareholder returns. Despite the sale, Mr. Norwell retains a substantial holding of shares and performance rights, and the transaction was conducted in line with Perenti’s Securities Trading Policy.
Perenti Limited has announced the reinstatement of its on-market share buyback program, effective for a 12-month period starting September 12, 2025. This decision reflects the company’s strong financial position, bolstered by consistent free cash flow and the successful integration of DDH1 Limited businesses. The buyback program is part of Perenti’s broader capital management strategy, which includes debt reduction, organic growth, and returning capital to shareholders. The program will be conducted under the ’10/12 limit’ of the Corporations Act 2001, requiring no shareholder approval.
Perenti Limited has announced an on-market buy-back of its ordinary fully paid shares, as indicated by the ASX security code PRN. This move is part of the company’s strategic efforts to optimize its capital structure and potentially enhance shareholder value. The buy-back could impact the company’s stock liquidity and market perception, signaling confidence in its financial health and future prospects.
Perenti Global has announced the application for quotation of 11,660,246 ordinary fully paid securities on the Australian Securities Exchange (ASX). These shares are part of the Perenti Incentive Rights Plan and will be managed by the Trustee on behalf of current and future participants. This move is likely to enhance employee engagement and align interests with company performance, potentially impacting Perenti’s operational strategies and market positioning.
Perenti’s underground mining business, Barminco, has secured a four-year contract valued at approximately A$300 million with Ramelius Resources for the Dalgaranga Gold Project. This contract, which includes an option to extend for 12 months, will enhance Barminco’s scale and contribute to Perenti’s Australian earnings and cash generation, reinforcing its industry position and stakeholder value.
Perenti Limited has announced the final notification of its on-market buy-back program, purchasing a total of 15,181,948 ordinary fully paid securities for a consideration of AUD 18,469,553.45. This buy-back is part of the company’s strategy to optimize its capital structure and enhance shareholder value, reflecting its commitment to returning capital to shareholders and potentially improving its market position.
Perenti Limited has announced its 2025 Annual General Meeting, scheduled for October 10, 2025, at the Parmelia Hilton Hotel in Perth, Western Australia. Shareholders will have the opportunity to participate in the meeting both in-person and online, where they can view the proceedings, vote in real-time, and engage with the company through a Q&A session. The meeting will cover various resolutions, and shareholders are encouraged to review the accompanying Explanatory Memorandum for detailed information to make informed voting decisions.
Perenti Limited has announced the details of its 2025 Annual General Meeting, which will be held on October 10, 2025, both online and in person at The Parmelia Hilton in Perth. The company is committed to ensuring the safety of its shareholders and team members while maximizing shareholder participation. Shareholders can attend the meeting virtually or in person, with the option to ask questions and vote during the meeting. The full Notice of Meeting, including the agenda and voting information, is available on Perenti’s website.