Craytheon

AGL Energy Ltd · Financials

ASX: AGL · Utilities · Independent Power Producers

A$8.32
At close 24 Jul 2026

Income Statement, FY16–FY25

Revenue, costs and profitability, exactly as reported in each year's audited accounts. Negative figures shown in (brackets).

10 financial years
Line item FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25
Revenue
Total Revenue 11.2B 12.6B 12.8B 13.2B 12.2B 10.9B 13.2B 14.2B 13.6B 14.4B
Costs and Expenses
Cost of Revenue (8.1B) (9.2B) (9.1B) (9.4B) (9.9B) (9.4B) (10.5B) (13.0B) (11.4B) (10.9B)
Gross Profit 3.0B 3.4B 3.7B 3.8B 2.3B 1.5B 2.7B 1.1B 2.1B 2.9B
Operating Expenses (3.4B) (2.5B) (1.3B) (2.4B) (468M) (2.4B) (679M) (458M) (1.2B) (2.9B)
Operating Income 1.2B 1.5B 1.6B 1.6B 1.8B (883M) 1.4B 691M 992M 29M
Other Income/Expenses
Interest Expense (236M) (237M) (223M) (166M) (183M) (226M) (217M) (268M) (325M) (341M)
Profit Before Taxes (474M) 764M 2.2B 1.3B 1.4B (2.7B) 1.2B (1.8B) 1.0B (124M)
Income Tax 67M 225M 662M 374M 407M (598M) (329M) (569M) 298M (26M)
Net Income (408M) 539M 1.6B 905M 1.0B (2.1B) 860M (1.3B) 711M (98M)
Per Share Data
Basic EPS (0.6) 0.81 2.42 1.38 1.57 (3.3) 1.316 (1.88) 1.06 (0.15)
Diluted EPS (0.6) 0.8 2.42 1.38 1.57 (3.3) 1.313 (1.88) 1.05 (0.15)
Shares Outstanding (in millions)
Basic Shares 675M 669M 656M 656M 641M 623M 653M 673M 673M 673M
Diluted Shares 675M 670M 657M 657M 641M 623M 655M 673M 675M 673M

Balance Sheet, FY16–FY25

Assets, liabilities and shareholders' equity at each financial year end. Negative figures shown in (brackets).

10 financial years
Line item FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25
Current Assets
Cash & Cash Equivalents 252M 154M 463M 115M 141M 88M 127M 148M 932M 319M
Short-term Investments 267M – 600M – – – 4.6B 1.7B 988M 774M
Accounts Receivable 2.0B 1.9B 1.9B 1.7B 1.6B 1.9B 3.1B 1.8B 2.2B 2.4B
Inventories 414M 351M 370M 388M 400M 418M 369M 346M 323M 396M
Total Current Assets 3.6B 3.6B 3.8B 3.4B 3.1B 3.7B 8.6B 4.6B 4.9B 4.4B
Non-Current Assets
Property, Plant & Equipment (Net) 6.5B 6.4B 6.7B 6.6B 6.6B 6.3B 6.0B 5.4B 5.7B 6.3B
Investments 147M – 448M – – 950M 384M 638M 653M 559M
Intangible Assets 3.3B 3.3B 3.3B 3.7B 3.8B 3.3B 3.3B 3.2B 3.1B 3.4B
Goodwill – – – – – – – – – –
Total Non-Current Assets 11.0B 10.8B 10.8B 11.4B 11.6B 11.8B 10.6B 10.7B 10.8B 11.8B
Total Assets 14.6B 14.5B 14.6B 14.8B 14.7B 15.5B 19.3B 15.2B 15.7B 16.2B
Current Liabilities
Short-term Debt & Overdrafts 22M 173M 19M 102M 38M 305M 355M 47M 35M 238M
Trade Payables 1.5B 1.5B 1.6B 1.6B 1.4B 1.8B 3.2B 1.8B 2.1B 2.6B
Total Current Liabilities 2.6B 2.7B 2.3B 2.5B 2.4B 3.0B 7.6B 4.2B 4.6B 4.7B
Non-Current Liabilities
Long-term Debt 3.1B 3.2B 2.8B 2.7B 3.1B 2.9B 2.5B 2.8B 2.7B 3.1B
Total Non-Current Liabilities 4.1B 4.2B 3.9B 3.8B 4.2B 7.0B 5.1B 5.9B 5.7B 6.7B
Total Liabilities 6.7B 6.9B 6.2B 6.4B 6.6B 9.9B 12.8B 10.1B 10.2B 11.3B
Shareholders' Equity
Share Capital 6.7B 6.2B 6.2B 6.2B 5.6B 5.6B 5.9B 5.9B 5.9B 5.9B
Retained Earnings 1.2B 1.3B 2.2B 2.2B 2.6B (115M) 501M (879M) (506M) (1.0B)
Total Shareholders' Equity 7.9B 7.6B 8.4B 8.4B 8.1B 5.5B 6.5B 5.1B 5.4B 4.9B
Total Liabilities & Equity 14.6B 14.5B 14.6B 14.8B 14.7B 15.5B 19.3B 15.2B 15.7B 16.2B

Cash Flow, FY16–FY25

Cash generated and spent across operating, investing and financing activities. Negative figures shown in (brackets).

10 financial years
Line item FY16FY17FY18FY19FY20FY21FY22FY23FY24FY25
Operating Activities
Net Income (408M) 539M 1.6B 905M 1.0B (2.1B) 860M (1.3B) 711M –
Cash from Operating Activities 1.2B 891M 2.1B 1.6B 2.1B 1.3B 1.2B 912M 2.2B 841M
Investing Activities
Investments in PPE (533M) (503M) (720M) (915M) (714M) (695M) (636M) (624M) (838M) (1.1B)
Cash from Investing Activities 81M (302M) (629M) (904M) (835M) (937M) (885M) (729M) (926M) (1.6B)
Financing Activities
Debt Repayments (821M) 326M (513M) (264M) 94M 212M (302M) (39M) (202M) 494M
Share Repurchases (8M) (480M) (10M) (5M) (627M) (5M) (1M) (2M) (3M) (5M)
Dividends Paid (446M) (517M) (682M) (774M) (719M) (573M) (317M) (121M) (330M) (390M)
Cash from Financing Activities (1.3B) (687M) (1.2B) (1.0B) (1.3B) (366M) (303M) (159M) (530M) 99M
Cash Position
Cash at Beginning of Period 259M 252M 154M 463M 115M 141M 88M 127M 148M 932M
Cash at End of Period 252M 154M 463M 115M 141M 88M 127M 148M 932M 319M
Free Cash Flow
Free Cash Flow (Reported) 653M 388M 1.4B 684M 1.4B 555M 591M 288M 1.4B (284M)
Free Cash Flow (Calculated) 653M 388M 1.4B 684M 1.4B 555M 591M 288M 1.4B (284M)

Analysis

What do AGL Energy's (AGL) revenue, margins and earnings per share show over time?

Revenue for AGL Energy grew from $11.2B in FY2016 to $14.4B in FY2025, a rise of about 29%, but the path was not steady — revenue fell for two straight years to $10.9B in FY2021 before recovering to $14.2B by FY2023 and $14.4B by FY2025. Gross profit margin has fluctuated widely, from 27.2% in FY2016 up to 29.2% in FY2018, down to a low of 8.1% in FY2023, and back up to 21.2% in FY2025.

Operating income margin followed a similar pattern, peaking at 14.8% in FY2020, turning negative at -8.1% in FY2021, and standing at just 0.2% in FY2025. Net income margin ranged from a high of 12.4% in FY2018 to a low of -18.8% in FY2021, finishing at -0.7% in FY2025.

Diluted earnings per share mirrored these earnings swings, from -$0.60 in FY2016 to a peak of $2.42 in FY2018, a trough of -$3.30 in FY2021, and -$0.15 in FY2025, following a $1.05 result in FY2024. The basic share count has stayed relatively stable across the period, moving from 674.7 million in FY2016 to a low of 623.0 million in FY2021 and back to 672.7 million by FY2022 through FY2025.

Updated 5 Jul 2026

How strong is AGL Energy's (AGL) balance sheet in terms of assets, debt and equity?

AGL Energy's total assets grew from $14.6B in FY2016 to $16.2B in FY2025, an increase of about 11%, with a notable spike to $19.3B in FY2022 before settling back down. Total liabilities rose considerably faster over the same period, from $6.7B in FY2016 to $11.3B in FY2025 (a rise of roughly 70%), having peaked at $12.8B in FY2022.

Shareholder equity fell from $7.9B in FY2016 to $4.9B in FY2025, after peaking at $8.4B in FY2019. As a result, the ratio of total liabilities to equity rose from about 0.84 times in FY2016 to roughly 2.34 times in FY2025, indicating liabilities have grown considerably relative to the equity base. Retained earnings, which built up to $2.6B by FY2020, turned negative from FY2021 (-$115M) and stood at -$1.0B in FY2025, aside from a brief positive figure of $501M in FY2022.

Cash and cash equivalents fell from $252M in FY2016 to as low as $88M in FY2021, rose sharply to $932M in FY2024, and then declined to $319M in FY2025. Long-term loans have stayed within a comparatively narrow band across the period, ranging between $2.5B and $3.2B, ending at $3.1B in FY2025, while short-term debt has remained small throughout, between $19M and $355M.

Updated 5 Jul 2026

How much cash does AGL Energy (ASX: AGL) generate, and how much goes to dividends versus buybacks?

Operating cash flow has fluctuated between roughly $841 million and $2.24 billion a year across the reported period, with the most recent fiscal year, FY2025, at the low end of that range at $841 million. Capital expenditure has trended higher over time, from $533 million in FY2016 to $1.125 billion in FY2025, its largest outlay in the period. Because capital spending rose while operating cash flow fell, free cash flow turned negative in FY2025 at -$284 million, a reversal from the $1.4 billion generated in both FY2018 and FY2024.

Dividend payments have continued throughout the period, ranging from $121 million in FY2023, the smallest outlay, up to $774 million in FY2019, the largest, and totalling $390 million in FY2025. Share buybacks have been comparatively small and irregular, with two larger years standing out — $480 million in FY2017 and $627 million in FY2020 — against buybacks of $10 million or less in most other years, including FY2025's $5 million.

Updated 4 Jul 2026

AI-assisted analysis generated from Craytheon's verified financial data · 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.