The Aurizon Holdings Ltd (ASX: AZJ) share price is on investors' radar after the rail freight giant lifted its underlying EBITDA by 9% to $1,724 million and underlying NPAT by 24% to $433 million for FY2026.
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What did Aurizon Holdings Limited report?
- Revenue rose 6% to $4,194 million
- Underlying EBITDA increased 9% to $1,724 million
- Underlying NPAT (net profit after tax) up 24% to $433 million
- Underlying earnings per share jumped 29% to 25.2 cents
- Full year dividend raised 46% to 23.0 cents per share
- $250 million on-market buy-back completed
What else do investors need to know?
Aurizon saw strong performances across its Network, Coal and Bulk divisions, all delivering higher earnings than the previous year. Notably, the Bulk segment posted a 38% lift in underlying EBITDA, while containerised freight volumes grew by 25% with a pathway to break-even in FY2027.
The group successfully recontracted more than 60 million tonnes of coal volume since July 2025, extending key customer agreements into the 2030s. Aurizon's gearing remained stable at 57%, with net debt steady at $5.2 billion and net debt to EBITDA improving slightly to 3.0x.
What's next for Aurizon Holdings Limited?
Looking ahead to FY2027, Aurizon is guiding to underlying EBITDA of $1,725–$1,775 million, with full year dividends expected to be in the range of 23.0–24.0 cents per share. The company is targeting higher earnings in the Network and Bulk divisions, while Coal is expected to moderate due to lower contracted volumes. Containerised Freight is forecast to reach break-even on an EBITDA basis.
The company's ten-year UT5+ Network access undertaking draft approval process continues, with the final outcome due in the coming year. Aurizon also plans ongoing investment in productivity, technology, and containerised freight expansion—including the new vehicle logistics contracts signed with CEVA and NYK.
Aurizon Holdings Limited share price snapshot
The Aurizon Holdings share price has outperformed the S&P/ASX 200 Index (ASX: XJO) over the past 12 months with a sizeable gain of 25%.
