The Mader Group Ltd (ASX: MAD) share price is in focus today after the company reported record FY26 revenue of $1.0 billion and net profit after tax (NPAT) of $65.4 million, both up 15% from last year.
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What did Mader Group report?
- Revenue of $1,001.1 million, up 15% on the prior corresponding period (PCP)
- NPAT of $65.4 million, a 15% increase versus last year
- EBITDA of $120.7 million, rising 10% year on year
- Net cash position of $35.7 million, compared to net debt of $8.3 million in FY25
- No final dividend declared for FY26
What else do investors need to know?
Mader Group's Australian business continued to grow, with services expanding across infrastructure and road transport. High-growth verticals and a strong market presence helped drive a 16% revenue increase in Australia.
In North America, revenue rose 12% (or ~17% in constant currency), supported by record headcount and expanding operations, especially in Canada. The Rest of World segment remains strategically important, with new business pursued in regions like New Zealand and Asia.
The company reported a Total Recordable Injury Frequency Rate of 3.65 per million hours and invested further in safety initiatives and community engagement, including support for events like the Mader Port to Pub and partnerships with Ronald McDonald House Charities and local Indigenous businesses.
What did Mader Group management say?
Executive Director & Chief Executive Officer Justin Nuich said:
I'm proud to announce that we have surpassed $1 billion in annual revenue, marking the successful delivery of the five-year strategic plan established by the Board in 2021… Achieving this milestone is a reflection of our people, our customers and a business model that continues to perform at scale… Looking ahead, with a strong culture, diversified service offering, and a scalable global platform, we are well-positioned to build on this momentum, capture the opportunities in front of us and continue to deliver long-term value for our shareholders.
What's next for Mader Group?
The outlook for FY27 is upbeat, with Mader targeting at least $1.13 billion in revenue and NPAT of $72.5 million—growth of 13% and 11%, respectively. The company is investing in new service lines, growth initiatives, and an expanded long-term incentive program to underpin its ambition for approximately 15% compound annual growth over the next five years.
While no FY26 dividend was declared, the board continues to review capital allocation, and management remains focused on expanding Mader's capabilities, strengthening its position in key markets, and supporting sustainable long-term growth.
Mader Group share price snapshot
Over the past 12 months, Mader Group shares have declined 13%, trailing the All Ordinaries Index (ASX: XAO), which has risen 1% over the same period.
