Craytheon

Ampol Ltd · Financials

ASX: ALD · Energy · Oil & Gas Refining & Marketing

A$38.67
At close 24 Jul 2026

Income Statement, FY15–FY24

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

10 financial years
Line item FY15FY16FY17FY18FY19FY20FY21FY22FY23FY24
Revenue
Total Revenue 19.7B 17.6B 21.1B 21.7B 22.1B 15.2B 20.9B 38.2B 37.7B 34.8B
Costs and Expenses
Cost of Revenue (18.0B) (15.9B) (19.2B) (19.6B) (20.5B) (14.2B) (19.4B) (35.7B) (34.8B) (32.4B)
Gross Profit 1.7B 1.7B 1.8B 1.9B 1.7B 975M 2.0B 2.6B 2.9B 2.4B
Operating Expenses (1.4B) (1.3B) (1.4B) (1.6B) (1.7B) (1.3B) (1.2B) (1.6B) (1.9B) (2.0B)
Operating Income 793M 917M 930M 822M 637M (482M) 630M 859M 1.0B 454M
Other Income/Expenses
Interest Expense (82M) (79M) (70M) (52M) (112M) (100M) (104M) (201M) (283M) (343M)
Profit Before Taxes 740M 864M 863M 781M 518M (726M) 734M 937M 752M 229M
Income Tax 217M 253M 243M 219M 138M (246M) 176M 158M 152M 53M
Net Income 522M 610M 619M 560M 383M (485M) 560M 796M 549M 123M
Per Share Data
Basic EPS 1.93 2.32 2.37 2.15 1.51 (1.94) 2.34 3.34 2.3 0.51
Diluted EPS 1.93 2.32 2.37 2.15 1.51 (1.94) 2.34 3.32 2.3 0.51
Shares Outstanding (in millions)
Basic Shares 270M 263M 261M 261M 253M 250M 239M 238M 238M 238M
Diluted Shares 270M 263M 261M 261M 253M 250M 240M 240M 239M 239M

Balance Sheet, FY15–FY24

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

10 financial years
Line item FY15FY16FY17FY18FY19FY20FY21FY22FY23FY24
Current Assets
Cash & Cash Equivalents 264M 245M 45M 6M 35M 368M 566M 126M 301M 124M
Short-term Investments – – – – – – – – – –
Accounts Receivable 682M 748M 922M 1.2B 1.5B 860M 1.6B 2.6B 2.4B 2.2B
Inventories 970M 1.1B 1.7B 1.6B 2.1B 1.3B 2.1B 3.6B 3.0B 2.9B
Total Current Assets 2.0B 2.1B 2.7B 2.9B 3.7B 2.6B 4.2B 6.3B 5.7B 5.4B
Non-Current Assets
Property, Plant & Equipment (Net) 2.6B 2.7B 2.8B 2.9B 2.8B 2.6B 2.7B 3.6B 3.7B 4.0B
Investments – 10M 11M 147M 155M 173M 184M 305M 311M 355M
Intangible Assets 183M 195M 517M 554M 573M 558M 506M 1.6B 1.4B 1.4B
Goodwill – – – – – – – – – –
Total Non-Current Assets 3.1B 3.2B 3.6B 3.9B 4.7B 4.7B 4.6B 7.0B 7.1B 7.5B
Total Assets 5.1B 5.3B 6.4B 6.7B 8.3B 7.3B 8.9B 13.3B 12.8B 12.9B
Current Liabilities
Short-term Debt & Overdrafts 122K 134K 270M 150M 61M – – 340M 116M 339M
Trade Payables 967M 1.1B 1.7B 1.8B 2.7B 1.5B 2.4B 4.4B 4.2B 4.2B
Total Current Liabilities 1.2B 1.5B 2.4B 2.2B 3.2B 2.0B 2.9B 5.5B 4.8B 5.0B
Non-Current Liabilities
Long-term Debt 695M 698M 589M 811M 842M 802M 1.3B 2.1B 2.4B 2.6B
Total Non-Current Liabilities 1.1B 990M 889M 1.1B 1.9B 2.1B 2.6B 3.8B 4.1B 4.3B
Total Liabilities 2.3B 2.5B 3.2B 3.3B 5.1B 4.1B 5.5B 9.3B 8.8B 9.3B
Shareholders' Equity
Share Capital 543M 525M 525M 525M 503M 503M 480M 480M 480M 480M
Retained Earnings 2.2B 2.3B 2.6B 2.8B 2.7B 2.4B 2.5B 2.9B 2.9B 2.4B
Total Shareholders' Equity 2.8B 2.8B 3.1B 3.4B 3.3B 3.0B 3.1B 3.6B 3.6B 3.2B
Total Liabilities & Equity 5.1B 5.3B 6.4B 6.7B 8.3B 7.3B 8.9B 13.3B 12.8B 12.9B

Cash Flow, FY15–FY24

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

10 financial years
Line item FY15FY16FY17FY18FY19FY20FY21FY22FY23FY24
Operating Activities
Net Income 522M 610M 619M 560M 383M (485M) 521M 728M 549M –
Cash from Operating Activities 885M 928M 735M 597M 844M 268M 635M 909M 1.5B 915M
Investing Activities
Investments in PPE (432M) (323M) (363M) (292M) (281M) (227M) (324M) (407M) (539M) (660M)
Cash from Investing Activities (411M) (357M) (800M) (426M) (139M) 463M (313M) (1.6B) (536M) (689M)
Financing Activities
Debt Repayments – (342K) 158M 87M (179M) (93M) 394M 632M (16M) 362M
Share Repurchases – (270M) – – (260M) – (300M) – (6M) (19M)
Dividends Paid (263M) (319M) (293M) (309M) (239M) (190M) (179M) (384M) (596M) (625M)
Cash from Financing Activities (263M) (590M) (135M) (223M) (679M) (392M) (127M) 267M (780M) (405M)
Cash Position
Cash at Beginning of Period 53M 264M 245M 45M 6M 35M 368M 566M 104M 301M
Cash at End of Period 264M 245M 45M 6M 35M 368M 566M 126M 301M 124M
Free Cash Flow
Free Cash Flow (Reported) 453M 605M 372M 304M 564M 41M 310M 541M 973M 229M
Free Cash Flow (Calculated) 453M 605M 372M 304M 564M 41M 310M 502M 973M 256M

Analysis

How have Ampol's (ALD) revenue, margins and earnings per share trended over the past decade?

Ampol Ltd's revenue moved unevenly across FY2015-FY2024, starting at $19.7B, dipping to $15.2B in FY2020, then surging to a peak of $38.2B in FY2022 within the Oil & Gas Refining & Marketing industry, before easing to $37.7B in FY2023 and $34.8B in FY2024.

Gross profit margin ranged narrowly between roughly 6.4% and 9.7% of revenue across the period, recording 9.7% in FY2021 and its low of 6.4% in FY2020. Operating income margin followed a similar arc, turning negative at -3.2% in FY2020 before recovering to 2.7% in FY2023 and slipping to 1.3% in FY2024, while net income margin fell to about 0.4% in FY2024 from 2.1% in FY2022.

Diluted EPS moved from $1.93 in FY2015 to $2.37 in FY2017, turned negative at -$1.94 in FY2020, rebounded to a decade high of $3.32 in FY2022, and then declined for two straight years to $2.30 in FY2023 and $0.51 in FY2024, even as basic shares outstanding fell from 270.0 million in FY2015 to 238.3 million in FY2024.

Updated 4 Jul 2026

How has Ampol Ltd's (ALD) balance sheet changed over the past decade?

Ampol Ltd, formerly known as CTX, has grown its balance sheet materially over the period covered in its reported results, with total assets rising from $5.1B in FY2015 to a peak of $13.3B in FY2022 before easing to $12.9B in FY2024. Total liabilities expanded even faster over that stretch, climbing from $2.3B to $9.3B, while shareholder equity rose more modestly from $2.8B to $3.2B.

Leverage has risen alongside this growth. Long-term loans plus short-term debt totalled just $0.7B against $2.8B of equity in FY2015, a ratio of roughly 0.2x, whereas by FY2024 combined debt of $2.9B (long-term loans of $2.6B and short-term debt of $339.1M) against equity of $3.2B implies a ratio near 0.9x. Total liabilities against equity moved from about 0.8x in FY2015 to roughly 2.9x in FY2024, and cash on hand stood at $123.9M in FY2024, down from a decade peak of $566.3M in FY2021.

Retained earnings have been comparatively flat across the period, at $2.2B in FY2015 and $2.4B in FY2024, having peaked near $2.9B in both FY2022 and FY2023 before declining in the most recent reported year. Taken together, the reported figures show a larger but more leveraged balance sheet than a decade earlier, with liabilities growing faster than equity and cash reserves well below their FY2021 high.

Updated 5 Jul 2026

How much cash has Ampol (ALD) generated from operations, and what has it done with it?

Ampol Ltd's operating cash flow fluctuated from $884.7M in FY2015 to a low of $267.6M in FY2020, before climbing to a decade peak of $1.5B in FY2023 and easing to $915.0M in FY2024. Capital expenditure trended higher over time, from -$431.5M in FY2015 to -$685.6M in FY2024, its largest outlay across the period.

Free cash flow tracked the gap between the two, falling to just $41.0M in FY2020 and $229.4M in FY2024, against highs of $972.5M in FY2023 and $605.0M in FY2016.

Dividend payments rose fairly steadily over the decade, from $262.7M paid in FY2015 to $625.1M in FY2024. Share buybacks were intermittent rather than continuous, appearing in FY2016 ($270.1M), FY2019 ($260.2M), FY2021 ($300.4M), FY2023 ($5.9M) and FY2024 ($18.8M), with none recorded in the other years shown.

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.