Ampol (ASX:ALD) has delivered a sound financial performance for the fiscal year ended Dec. 31, 2025, characterised by growth in underlying earnings and progress on key strategic acquisitions.
The group reported a replacement cost operating profit EBITDA of $1.44 billion, representing a 20% increase over the previous year.
The growth was largely driven by a turnaround at the Lytton refinery, which returned to profitability with an EBIT of $163.1 million, and solid performances across its Convenience Retail and New Zealand segments.
While the statutory net profit after tax fell by 33% to $82.4 million—impacted by inventory losses and significant items—the RCOP NPAT surged by 83% to $429.2 million.
The underlying strength allowed the board to declare a fully franked final dividend of 60 cents per share, bringing the total ordinary dividends for FY25 to 100 cents per share.
CEO Matt Halliday attributed the "high quality and broad-based result" to the company's increased exposure to stable growth segments.
The fuels and infrastructure EBIT saw a jump of over 100%, totaling $405.6 million.
Ampol continues to strengthen its market position, maintaining a healthy balance sheet with a leverage ratio of 2.3 times adjusted net debt/RCOP EBITDA, while simultaneously progressing the proposed acquisition of EG Australia to further scale its retail footprint.