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Viva Energy Group Ltd.
(Sydney:VEA)
Viva Energy Group Ltd. (VEA) vs. iShares MSCI Australia ETF (EWA)
Viva Energy Group Ltd. Business Overview & Revenue Model
Viva Energy Group Ltd. Financial Statement Overview
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 28.53B | 29.99B | 26.74B | 26.43B | 15.87B |
| Gross Profit | 1.79B | 2.95B | 1.34B | 1.69B | 1.04B |
| EBITDA | 940.60M | 625.30M | 562.40M | 1.34B | 923.00M |
| Net Income | -421.10M | -76.30M | 3.80M | 514.30M | 232.90M |
Balance Sheet | |||||
| Total Assets | 13.40B | 12.13B | 9.08B | 9.31B | 8.02B |
| Cash, Cash Equivalents and Short-Term Investments | 170.50M | 192.70M | 215.50M | 290.50M | 96.70M |
| Total Debt | 9.17B | 5.53B | 3.00B | 2.46B | 2.67B |
| Total Liabilities | 11.97B | 10.23B | 7.07B | 6.95B | 5.91B |
| Stockholders Equity | 1.43B | 1.90B | 2.01B | 2.36B | 2.11B |
Cash Flow | |||||
| Free Cash Flow | 145.80M | 17.50M | 181.60M | 802.70M | 342.00M |
| Operating Cash Flow | 703.30M | 605.60M | 674.30M | 1.11B | 528.00M |
| Investing Cash Flow | -628.60M | -1.54B | -694.30M | -284.50M | -217.40M |
| Financing Cash Flow | -96.90M | 909.10M | -55.00M | -628.10M | -263.00M |
Viva Energy Group Ltd. Technical Analysis
Viva Energy Group Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | AU$20.51B | 20.44 | 15.06% | 5.30% | 6.48% | 6.25% | |
70 Outperform | AU$57.43B | 12.73 | 8.51% | 7.16% | 17.13% | 61.35% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
60 Neutral | AU$2.61B | -22.54 | -1.02% | 7.72% | 17.16% | 90.79% | |
60 Neutral | AU$23.36B | 17.27 | 6.59% | 6.00% | -5.81% | -17.90% | |
46 Neutral | AU$6.93B | 81.46 | -4.22% | 1.40% | -15.39% | -119.57% | |
43 Neutral | AU$2.97B | -7.03 | -18.38% | 3.21% | 8.16% | -311.36% |
Viva Energy Group Ltd. Corporate Events
Viva Energy Group Limited released a document relating to its full-year 2025 results, but the text provided consists almost entirely of standard legal and investor disclaimers rather than financial or operational data. The company emphasises that the material is for general information only, urges investors to undertake their own analysis, and disclaims liability for any reliance on the presentation.
The release underscores that any forward-looking statements are subject to significant risks and uncertainties, and may differ materially from actual outcomes. It also clarifies that Viva Energy operates as a Shell licensee using Shell trademarks, and that the views expressed are solely those of Viva Energy rather than the Shell Group, offering important context for investors and other stakeholders reviewing its disclosures.
The most recent analyst rating on (AU:VEA) stock is a Buy with a A$2.20 price target. To see the full list of analyst forecasts on Viva Energy Group Ltd. stock, see the AU:VEA Stock Forecast page.
Viva Energy Group Ltd. has released its 2025 Corporate Governance Statement and Appendix 4G, as authorised by the company’s Board. The publication of these documents provides transparency on the company’s governance practices and compliance framework, offering investors and other stakeholders updated insights into its oversight, accountability, and reporting structures.
These disclosures support market confidence by outlining how Viva Energy aligns with corporate governance expectations set by the Australian Securities Exchange. Regular governance reporting can influence investor perceptions of risk management and board effectiveness, potentially affecting the company’s reputation and its standing among institutional and retail shareholders.
The most recent analyst rating on (AU:VEA) stock is a Buy with a A$2.20 price target. To see the full list of analyst forecasts on Viva Energy Group Ltd. stock, see the AU:VEA Stock Forecast page.
Viva Energy reported FY2025 EBITDA of $700.9 million, with a strong second half driven by improved refining and retail fuel margins, record Commercial & Industrial sales volumes and better performance in Convenience & Mobility as acquisition synergies and cost savings flowed through. The company completed the full acquisition of Liberty Convenience, opened 35 new OTR stores, implemented new ERP systems to support a large multi-brand retail platform, and successfully commissioned its Ultra Low Sulphur Gasoline plant ahead of regulatory changes, positioning the business for operational stability, lower capex and balance sheet deleveraging in the coming years.
Despite weaker first-half results and refinery disruptions from a power outage and major maintenance, second-half EBITDA rose 33% year-on-year, underlining the resilience of Viva Energy’s commercial operations and the early benefits of retail integration. Management highlighted a simpler retail model, strengthened systems and controls, and a plan to reduce gearing towards 2x net debt to EBITDA by 2027, which together are expected to support more stable earnings and improved financial flexibility for shareholders and creditors.
The most recent analyst rating on (AU:VEA) stock is a Buy with a A$2.20 price target. To see the full list of analyst forecasts on Viva Energy Group Ltd. stock, see the AU:VEA Stock Forecast page.
Viva Energy Group Ltd. has declared an ordinary dividend of AUD 0.0394 per fully paid share, relating to the six-month period ended 31 December 2025, with an ex-dividend date of 12 March 2026 and a record date of 13 March 2026. The dividend will be paid on 31 March 2026, with a dividend reinvestment plan election deadline of 16 March 2026, signalling continued capital returns to investors and providing shareholders with flexibility in how they receive their distribution.
The most recent analyst rating on (AU:VEA) stock is a Buy with a A$2.20 price target. To see the full list of analyst forecasts on Viva Energy Group Ltd. stock, see the AU:VEA Stock Forecast page.
Viva Energy Group Limited has reported its preliminary full-year 2025 results, showing revenue of $28.53 billion, down 1.1% from 2024. On a historical cost basis, the company swung to a net loss after tax of $421.1 million, compared with a $76.3 million loss in the prior year, while on a replacement cost basis it delivered net profit after tax of $183.6 million, a 27.8% decline.
Underlying earnings per share on a replacement cost basis fell to 11.5 cents from 16.1 cents, highlighting weaker underlying profitability despite the non‑IFRS metric being used to strip out inventory, derivative revaluations, and one‑off impacts. The board declared a fully franked 2025 interim dividend of 2.83 cents per share and a final dividend of 3.94 cents per share, signalling an ongoing capital return to shareholders even as margins and earnings came under pressure.
The most recent analyst rating on (AU:VEA) stock is a Buy with a A$2.20 price target. To see the full list of analyst forecasts on Viva Energy Group Ltd. stock, see the AU:VEA Stock Forecast page.
The company named Teresa Rendo, a veteran of major Australian retailers including The Just Group, BIG W, and Woolworths, as Chief Executive Officer of its Convenience and Mobility division effective July 2026 after relocating to Adelaide. The appointment is intended to bolster Viva Energy’s push toward a world-class convenience proposition by leveraging Rendo’s multi-brand trading, sourcing, and operational expertise to strengthen customer experience, top-line growth, and execution across its retail network.
The most recent analyst rating on (AU:VEA) stock is a Buy with a A$2.20 price target. To see the full list of analyst forecasts on Viva Energy Group Ltd. stock, see the AU:VEA Stock Forecast page.
Viva Energy reported a modest 1.1% rise in total group sales volumes for the fourth quarter of 2025, with growth in Commercial & Industrial fuels, particularly aviation, offsetting weaker marine demand and disruptions in the Convenience & Mobility segment from store conversions and mandated divestments of Liberty sites. Convenience sales declined 11.4% year-on-year in the quarter, driven by a sharp 33.6% fall in tobacco sales amid ongoing illicit trade pressures, although tobacco volumes stabilised in the second half and overall convenience gross margin improved to 42.2%, supported by resilient non-tobacco categories and an expanding OTR-format network, where like-for-like ex-tobacco sales grew 1.9%. On the refining side, Geelong delivered a strong refining margin of US$12.1 per barrel despite lower production due to planned maintenance, as Viva successfully commissioned its Ultra Low Sulphur Gasoline plant ahead of new national fuel standards, while also strengthening its balance sheet by refinancing and upsizing its revolving credit facility to US$1.3 billion, maintaining compliance with debt covenants and liquidity headroom.
The most recent analyst rating on (AU:VEA) stock is a Hold with a A$1.90 price target. To see the full list of analyst forecasts on Viva Energy Group Ltd. stock, see the AU:VEA Stock Forecast page.
Viva Energy has announced a major step in its board renewal program, with long‑serving Chair Robert Hill AC to retire on 1 March 2026 after a decade on the board, and current director Dr Sarah Ryan appointed Chair‑elect. Ryan, a former Woodside and OZ Minerals director with more than 30 years’ international energy industry and investment management experience, will lead the company as it builds on its transformation into a leading Australian convenience retailer and diversified energy provider, following the Coles Express and OTR Group acquisitions. The group has also appointed former Metcash and GrainCorp chief financial officer Alistair Bell as an independent non‑executive director from the same date, adding deep financial and risk expertise across retail, agribusiness and infrastructure. The changes come as Viva Energy underscores its position as one of only two large‑scale transport fuel manufacturers in Australia, highlights recent upgrades at its Geelong refinery and its growing role in low‑carbon and alternative fuels, including ultra‑low sulphur gasoline, hydrogen refuelling for heavy vehicles and chemical recycling of plastics, signalling continuity of strategy for shareholders and a strengthened governance platform for its next phase of growth.
The most recent analyst rating on (AU:VEA) stock is a Hold with a A$1.90 price target. To see the full list of analyst forecasts on Viva Energy Group Ltd. stock, see the AU:VEA Stock Forecast page.
Viva Energy Group Limited has disclosed that investment firm L1 Capital Pty Ltd has ceased to be a substantial shareholder in the company, in accordance with Australian Corporations Act requirements. The notice, lodged via a Form 605 and signed by L1 Capital’s Head of Legal and Compliance, indicates that L1 Capital’s relevant interest in Viva Energy’s voting securities has fallen below the substantial holding threshold, signalling a reduction or exit of a major institutional investor that may marginally alter the company’s share register composition and institutional ownership profile.
The most recent analyst rating on (AU:VEA) stock is a Hold with a A$2.13 price target. To see the full list of analyst forecasts on Viva Energy Group Ltd. stock, see the AU:VEA Stock Forecast page.
Viva Energy Group Limited has disclosed that investment firm L1 Capital Pty Ltd has ceased to be a substantial shareholder in the company, in accordance with Australian Corporations Act requirements. The notice, lodged via a Form 605 and signed by L1 Capital’s Head of Legal and Compliance, indicates that L1 Capital’s relevant interest in Viva Energy’s voting securities has fallen below the substantial holding threshold, signalling a reduction or exit of a major institutional investor that may marginally alter the company’s share register composition and institutional ownership profile.
The most recent analyst rating on (AU:VEA) stock is a Hold with a A$2.13 price target. To see the full list of analyst forecasts on Viva Energy Group Ltd. stock, see the AU:VEA Stock Forecast page.
Viva Energy Group Ltd has announced a change in the director’s interest, specifically regarding Scott Wyatt, who has been awarded 764,525 Performance Rights under the company’s Long Term Incentive Plan (LTIP) for 2025. This change, approved at the company’s Annual General Meeting, reflects the company’s commitment to aligning executive interests with long-term shareholder value, potentially impacting the company’s governance and stakeholder confidence.
The most recent analyst rating on (AU:VEA) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on Viva Energy Group Ltd. stock, see the AU:VEA Stock Forecast page.