The Computershare Ltd (ASX: CPU) share price is in focus today as the company hosts its annual general meeting (AGM). In FY25, the company reported a 4.4% lift in management revenue to $3.1 billion and a 15% increase in management EPS for FY25.
What did Computershare report in FY25?
- Management revenue up 4.4% to $3.1 billion (USD)
- Management EBIT excluding margin income rose 17.4% to $411.9 million
- Management earnings per share (EPS) up 15% to 135.1 cents per share
- Total dividend per share up 13.4% to 93 cents (AUD, unfranked)
- Return on invested capital increased by 50 basis points to 35.8%
- AU$750 million share buyback completed in FY25
What else do investors need to know?
Computershare reported revenue and EBIT growth across all three core businesses—Issuer Services, Corporate Trust, and Employee Share Plans. The company also highlighted improving cash flow conversion and a low leverage ratio, which boosts its ability to invest in growth and reward shareholders.
During the year, Computershare completed the sale of its UK Mortgage Services business and announced plans to repay $200 million in USPP debt in November 2025. The business remains focused on investing in technology and innovation, with capex staying low relative to revenue.
What did Computershare management say?
Stuart Irving, Chief Executive Officer and President said:
Our high-quality, capital-light business continues to deliver long-term growth through cycles, and our strong balance sheet provides scope for further innovation and shareholder returns.
What's next for Computershare?
Looking ahead, management affirmed FY26 guidance for management EPS to rise by around 4% to approximately 140 cents per share. The company expects core fees and event-driven income to trend above expectations, with improving activity in corporate actions and debt issuance.
Computershare plans to focus on completing acquisition integrations and pursuing new acquisition targets in its core verticals. The dividend payout is under review, given Australian tax limitations on future share buybacks.
Computershare share price snapshot
Computershare shares have climbed 20% over the past 12 months, outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 7% over the same period.
