FY26 Results - Investor Presentation

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Stock Medibank Private Ltd (MPL.ASX)
Release Time 20 Aug 2026, 7:50 a.m.
Price Sensitive Yes
 Medibank Private Ltd FY26 Results
Key Points
  • Underlying NPAT of $636.8m, up 2.9%
  • Ordinary FY26 fully franked dividend of 19.2 cents per share, up 6.7%
  • Resident policyholder growth of 1.1%
  • Gross margin and expense ratio maintained
  • Expanded access to more affordable and personalised health services
Full Summary

Medibank Private Ltd announced its FY26 results, highlighting a resilient performance despite competitive pressures. The company reported an underlying net profit after tax of $636.8 million, up 2.9%. Key highlights include a 6.7% increase in the fully franked dividend to 19.2 cents per share, a 1.1% growth in resident policyholders, and the maintenance of gross margin and expense ratio. Medibank also expanded its access to more affordable and personalized health services, supported by a strong capital position and diversified business model.

Guidance

Underlying NPAT of $636.8m, up 2.9% for FY26

Outlook

Medibank is focused on delivering sustainable shareholder value, balancing growth, profitability, and investment for the future.