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Steadfast Group posts FY26 profit of $269.1M
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Steadfast Group posts FY26 profit of $269.1M

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  • Steadfast Group generated a statutory net profit after tax of $269.1 million for FY26.
  • The net profit figure represents a drop from the $334.9 million recorded in FY25.
  • The company recently entered into a scheme implementation deed to drive long-term business strategy.

Steadfast Group (ASX:SDF) reported a full-year statutory net profit after tax of $269.1 million for FY26.

The financial result compares with a statutory net profit after tax of $334.9 million in FY25.

The company entered into a scheme implementation deed with Amwins Australasia Group and Starboard BidCo on Aug. 21.

Managing Director & CEO Robert Kelly AM commented, "Despite a challenging operating environment, disciplined execution and strong cost management, we delivered solid performance and positioned the business for continued long-term growth."

The group delivered an underlying EBITA growth in FY26 of 13.8% to $669.8 million, driven by 5.0% organic growth across the business.

The company’s board declared a final dividend of 12.75 cents per share, up from a prior-year dividend of 11.70 cents per share. This brings the total dividend for FY26 to 20.95 cents per share.

Following the announcement, the Steadfast Group share price was unchanged at $5.83.

For FY27, Steadfast Group expects a net profit after tax of $333-$343 million and underlying EBITA between $700 and $715 million.

The Sydney-based insurance broker network has systematically expanded its market presence through strategic acquisitions since listing in 2013.

The group continues to focus on disciplined cost management while executing growth initiatives across its Australasian network.

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