AGL Energy Ltd
ASX: AGL · Utilities · Independent Power Producers
- Market cap
- A$5.6B
- P/E (trailing)
- n/m (loss)
- EPS (FY25)
- −$0.15
- Dividend / share
- $0.58
- 52-week range
- –
- Intrinsic value
- A$16.05
Share price
ASX: AGL · AUD
Valuation
Full valuation analysis →Fair-value estimate per share, updated 26 Jul 2026
A$16.05 Our discounted cash flow estimate
48.2% below fair value Against the A$8.32 price.
- Discounted cash flow
- A$16.05
- EPS growth model
- Not available
- P/E multiple
- Not available
See how each estimate is built and why the missing models bailed →
Revenue
As reported · financial years
Earnings per share
Diluted · as reported
Profit margins
Gross, operating and net margin by financial year
Loss-making Net margin of -0.7% in FY25: costs exceeded revenue this year.
Shares outstanding
Diluted · falling means buybacks, rising means dilution
Stable -0.3% year-on-year, +0.3% a year over 10 years: share count has been stable over the long run.
Working-capital days
Days of revenue sitting in receivables (DSO) and days of cost sitting in inventory (DIO)
Steady collections DSO of 62 days vs a 56-day norm: collection times are in line with the historical norm.
Financial health
Latest financial year (FY25)
- Return on equity
- -2.0%
- Negative
- Current ratio
- 0.95
- Typical
- Debt to equity
- 0.68
- Moderate
- Interest coverage
- 0.1×
- Stressed
Verdicts are graded against what's normal for the sector (Utilities), not a one-size-fits-all bar. Hover a tile for the reasoning.
Dividends per share
Full dividend history →Per financial year, as reported in the accounts
Paying despite a loss FY25's dividend: the dividend wasn't covered by earnings, funded from reserves or debt.
Free cash flow
Cash from operations minus capital spending: what the DCF model projects from
Excellent 197% of FY24 net profit became free cash: free cash flow exceeds reported profit.
Net debt
Borrowings and leases minus cash: the line shows how many years of operating profit (EBIT) would clear it
Earnings too thin Net debt of $3.0B in FY25: operating profit collapsed this year, so a repayment-years ratio isn't meaningful.
Five-year snapshot
Figures as reported in the company's filings
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $10.9B | $13.2B | $14.2B | $13.6B | $14.4B |
| Net profit | $-2.1B | $860.0M | $-1.3B | $711.0M | $-98.0M |
| EPS (diluted) | $-3.30 | $1.31 | $-1.88 | $1.05 | $-0.15 |
| Dividend / share | $0.92 | $0.48 | $0.18 | $0.49 | $0.58 |
| Net margin | -18.8% | 6.5% | -8.9% | 5.2% | -0.7% |
What does AGL Energy (AGL) do?
AGL Energy is a Sydney-headquartered utility that supplies electricity, gas and related services across Australia, reaching household customers, businesses of varying sizes, and wholesale buyers. The company organises its operations into three segments — Customer Markets, Integrated Energy, and Investments — reflecting its dual role as both a retailer of energy services and an owner-operator of generation and storage assets. Its power output is drawn from a mixed fleet spanning coal- and gas-fired stations alongside thermal, hydro, wind, solar and battery storage facilities, with a combined generating capacity of roughly 10,330 megawatts.
Beyond generation, the company holds gas infrastructure including an underground storage site at Silver Springs in Queensland, a storage facility at Newcastle in New South Wales, and gas production assets at Camden (NSW) and in North Queensland. On the retail side, its offerings extend past electricity and gas to broadband, mobile and voice plans, along with solar and energy-efficiency products, serving around 4.2 million customer accounts. Damien Nicks leads the company, which employs about 3,735 full-time staff and has been listed on the ASX since 2000.
Common questions about AGL
Is AGL undervalued right now? +–
Our discounted cash flow estimate puts AGL Energy Ltd's fair value at A$16.05 per share against a price of A$8.32, 48.2% below the estimate as at 26 Jul 2026. Model estimates are a starting point, not advice. See the full valuation breakdown.
Does AGL pay a dividend? +–
AGL Energy Ltd paid $0.58 per share in its most recent financial year with a recorded dividend. The dividend history chart above shows the full payout record.
How fast is AGL growing? +–
Revenue has compounded at 3.4% a year over the last five financial years, and 3.0% a year over ten.
What is AGL's P/E ratio? +–
AGL Energy Ltd doesn't have a meaningful trailing P/E ratio right now. It reported a loss in FY25 (diluted EPS −$0.15 per share), and dividing a share price by negative earnings produces a figure with no useful meaning.
Compare AGL with peers
How has AGL Energy (AGL) performed financially and what do valuation models say about its share price?
AGL Energy, classified as an Independent Power Producer within the Utilities sector, has seen revenue rise from $11.2B in FY2016 to $14.4B in FY2025, an increase of roughly 29% over the period, though the trend was uneven, including a dip to $10.9B in FY2021. Profitability has been volatile: net income swung from a loss of $408M in FY2016 to a peak of $1.6B in FY2018, then to a loss of $2.1B in FY2021, before ending FY2025 with a smaller loss of $98M following a $711M profit in FY2024.
Diluted earnings per share have tracked this volatility closely, moving from -$0.60 in FY2016 to a high of $2.42 in FY2018, a low of -$3.30 in FY2021, and -$0.15 in the most recent FY2025 period. As of 3 July 2026, AGL shares closed at $8.32. The company's DCF valuation model, dated 5 July 2026, estimates fair value at $16.05 per share, roughly double the recent closing price, based on the reported financial trends above.
AI-assisted analysis generated from Craytheon's verified financial data · Updated 5 Jul 2026 · How this works
Data is general information only, not financial advice. Figures are as reported in company filings (some ASX companies report in USD); share prices are AUD.