JB Hi-Fi FY25 earnings: Profit rises, higher dividends declared

JB Hi-Fi delivers growing profits, a higher dividend, and another special payout.

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The JB Hi-Fi Ltd (ASX: JBH) share price is in focus today after the retailer delivered a 10% lift in FY25 group sales to $10.55 billion and a 5.4% rise in statutory net profit after tax (NPAT) to $462.4 million. The board declared both a higher final dividend and a special dividend for shareholders.

What did JB Hi-Fi report?

  • Group sales rose 10.0% to $10.55 billion
  • Statutory NPAT up 5.4% to $462.4 million
  • Underlying NPAT up 8.5% to $476.1 million (ex-ACCC cost)
  • Earnings per share up 5.4% to 423.0 cents
  • Final ordinary dividend of 105 cents per share fully franked; total ordinary dividend now 275 cents
  • Special dividend of 100 cents per share fully franked

What else happened in FY25?

JB Hi-Fi Australia saw sales rise 7.5%, with strong growth in mobile phones, small appliances, computers, and games hardware. Comparable sales and online sales both posted solid increases, with online now making up 16.8% of the division's turnover.

The Group completed a 75% acquisition of e&s, adding a premium home appliance and bathroom retailer. Sustainability initiatives advanced too, with 40% renewable energy usage and a 32% drop in direct emissions since FY20.

What did JB Hi-Fi management say?

Group CEO Terry Smart said:

It has been another strong year of sales and earnings, as we built on the momentum of the previous year. The company stayed focused on its core proposition of driving great value and delivering consistently high levels of customer service which continued to resonate with our customers.

What's next for JB Hi-Fi Limited?

The board increased the dividend payout policy to between 70–80% of NPAT from FY26, up from 65%. JB Hi-Fi plans to maintain its focus on customer value, tight cost control, and building on market momentum, both organically and through acquisitions like e&s.

Recent trading in July 2025 shows that positive sales momentum is continuing across the Group, despite ongoing retail sector uncertainty.

JB Hi-Fi share price snapshot

Over the past 12 months, the JB Hi-Fi share price has tracked ahead of the broader S&P/ASX 200 Index (ASX: XJO), supported by reliable profit growth and capital management initiatives. Specifically, it has risen 61% compared to 44% for the ASX 200 index.

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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Jb Hi-Fi. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

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