What drove the record $13 billion revenue for Eagers Automotive (ASX:APE) in FY25?

Eagers Automotive reported a 16.5% revenue jump to $13 billion, fueled by high consumer demand in the new car market and the integration of strategic acquisitions made in 2024.

How did Eagers Automotive’s (ASX:APE) profitability compare to the previous year?

Profitability grew alongside revenue, with underlying operating profit before tax reaching $424.1 million, a 14% increase from the $371.2 million reported in FY24.

What does the CanadaOne Auto deal mean for Eagers’ growth strategy?

The acquisition of a 65% stake in CanadaOne Auto marks Eagers' first major international expansion outside of Australia and New Zealand.

Why is the strategic partnership with Mitsubishi Corporation significant?

Mitsubishi Corporation took a $50 million equity placement in Eagers and a 20% stake in the easyauto123 independent used-car business. This alliance provides Eagers with global expertise and capital to explore new mobility services.

What is the dividend outlook for APE shareholders following these results?

Despite heavy spending on international expansion, Eagers declared a record fully franked final dividend of 50 cents per share.

Is Eagers Automotive (ASX:APE) currently profitable and what are its margins?

Yes, the company is highly profitable, reporting a net income of approximately $226.7 million for FY25. While revenue grew significantly, net profit margins remain relatively lean at roughly 1.7% to 2.8%, which is typical for high-volume automotive retail.

What are the main "bull case" points for buying APE stock now?

The bullish thesis rests on Eagers' dominant 34% share of the Australian EV market and its successful pivot to a global "consolidator" through the CanadaOne deal.

What are the key risks (bear case) for Eagers Automotive investors?

The primary risk is the cyclical nature of car sales, which could soften if interest rates remain high or consumer spending drops. Additionally, the company has used significant debt and equity raising (including a $502 million offer in late 2025) to fund its Canadian expansion, which could strain the balance sheet if international growth stalls.

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Eagers Automotive hits record $13B interim revenue

Written by Liezl GambePublished Feb 19, 2026, 4:15 AMLast Updated Jul 6, 2026, 6:24 AM

Eagers Automotive (ASX:APE), Australia’s preeminent automotive retail group, announced a landmark financial performance for the fiscal year ended Dec. 31, 2025.

The company reported a record-breaking full-year revenue of $13 billion, marking a substantial 16.5% increase over the previous period.

The growth was mirrored in its underlying profitability, with operating profit before tax reaching $424.1 million, up from $371.2 million in FY24.

The stellar results were driven by a "perfect storm" of high demand in the new car market and the successful integration of 2024 acquisitions.

The group’s independent pre-owned arm, easyauto123, saw a massive 58.9% surge in profit, while the company's market share in the new energy vehicle sector soared to a dominant 34%.

Eagers entered the Canadian market through a partnership with CanadaOne Auto and deepened its ties with Mitsubishi Corporation via a strategic equity placement.

Despite the aggressive expansion, the company maintained its commitment to shareholder returns, declaring a record fully franked final dividend of 50 cents per share.

CEO management attributed the success to the "Next100 Strategy," citing disciplined cost management and a record-low cost base margin as the primary engines behind their enhanced operating leverage.

At the time of reporting, Eagers Automotive's share price was $26.62.

Eagers Automotive hits record $13B interim revenue

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