Macmahon Full Year Results Presentation FY26

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Stock Macmahon Holdings Ltd (MAH.ASX)
Release Time 18 Aug 2026, 7:46 a.m.
Price Sensitive Yes
 Macmahon Holdings Ltd FY26 Full Year Results
Key Points
  • Record revenue of $2.6bn, up 8% from the previous year
  • Underlying EBITDA increased by 2% driven by higher Civil work
  • Underlying EBIT(A) increased by 11% with improved project performance
  • Secured a tender pipeline of $25bn
  • Final dividend increased to 2.20cps, fully franked
Full Summary

Macmahon Holdings Ltd announced its FY26 results, highlighting a record revenue of $2.6bn, up 8% from the previous year. Underlying EBITDA increased by 2% and Underlying EBIT(A) by 11%, reflecting improved project performance. The company secured a tender pipeline of $25bn, with significant contracts in mining and civil infrastructure. Free Cash Flow stood at $103.1m, underpinned by strong cash flow generation. The final dividend was increased to 2.20cps, fully franked, and the Group has approximately $104m of franking credits as at 30 June 2026. Effective tax rate is 30.6%.

Guidance

FY27 capital expenditure forecast - $200m (sustaining capital - $66m, growth capital)

Outlook

Macmahon Holdings Ltd is pursuing significant growth opportunities in mining and civil infrastructure, with a tender pipeline of $25bn. The company expects to continue delivering strong cash flow generation and improved profitability.