Ramsay Health Care (AU:RHC)
ASX:RHC
Earnings Data
Report Date
Aug 27, 2026TBA (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
0.68Last Year’s EPS
0.56Same Quarter Last Year
Based on 8 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a majority of positive operating and financial developments, led by strong Australian revenue, admissions and profit growth, improved cash flow, disciplined capital allocation and refinancing wins. Material challenges remain in the U.K. (NHS funding weakness), underperforming Elysium operations, and funding/tariff pressures in France within Ramsay Santé, plus elevated consolidated debt and currency impacts. Management outlined credible mitigation actions and a clear transformation and capital‑discipline agenda to address the issues.Company Guidance
Group Underlying Profit Growth
Underlying EBIT up 7.3% and underlying NPAT up 8.1% for the half, driven primarily by Australian operations and higher acuity across regions.
Strong Australian Revenue and Admissions
Revenue from customers in Australia increased 8.2%; revenue from the private hospital portfolio grew 8.7%. Hospital admissions rose 3.1% and core surgical admissions grew 5.7%, with higher-acuity case mix (IPDAs growing faster than admissions).
Margin and Utilization Improvements in Australia
EBIT margins (excluding Joondalup) improved by 40 basis points versus prior period; 12-month rolling theatre utilization increased ~1.3% despite new capacity additions.
Cashflow and Balance Sheet Improvements
Operating cash flow improved 16.9% to $350 million; Funding Group leverage (ex-Santé) is 2.22x, within target (<2.5x); weighted average cost of debt declined ~20 bps since 30 June 2025 following refinancing (syndicated facility margin down 30 bps).
Dividend and Capital Allocation Discipline
Board declared a fully franked interim dividend of $0.425 per share (+6.3%); payout ratio 60% of underlying earnings, and Group CapEx guidance reduced (now $755m–$795m) reflecting disciplined capital allocation.
Development and Capacity Additions
23 new theatres/procedure rooms scheduled to open in FY26 (major hospitals / key catchments); Australian development CapEx now expected $170m–$190m (below prior guidance) as projects are reprioritised and utilization optimized.
Operational and Clinical Initiatives
Multiyear transformation progress: improved patient/doctor/people NPS, 23% growth in clinical trials activity, targeted 'Big 5' hospital initiatives and pilot programs to drive cost efficiencies and One Ramsay digital/AI synergies.
Ramsay Santé and Nordics Performance
Ramsay Santé delivered a 4.4% increase in underlying EBIT in constant currency, driven by strong Nordic performance (notably Sweden) and a new favourable contract at St. Göran.
Liquidity and Hedging Position
Consolidated net debt $5.1bn with adequate liquidity for the National Capital Hospital acquisition; ~65–67% of floating exposure hedged (average base rates ~3.0–3.65%), and Ramsay Santé has EUR 391m liquidity available.
AU:RHC 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:RHC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 25, 2026 | AU$37.80 | AU$41.72 | +10.35% |
Aug 27, 2025 | AU$37.28 | AU$33.37 | -10.50% |
Feb 26, 2025 | AU$32.77 | AU$35.00 | +6.82% |
Aug 29, 2024 | AU$42.68 | AU$39.80 | -6.76% |
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 Ramsay Health Care (AU:RHC) report earnings?
Ramsay Health Care (AU:RHC) is schdueled to report earning on Aug 27, 2026, TBA (Confirmed).
What is Ramsay Health Care (AU:RHC) earnings time?
Ramsay Health Care (AU:RHC) earnings time is at Aug 27, 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 Ramsay Health Care stock?
The P/E ratio of Ramsay Health Care is N/A.
What is AU:RHC EPS forecast?
AU:RHC EPS forecast for the fiscal quarter 2026 (Q4) is 0.68.