Worley Ltd Reports FY26 Results
Key points
- Statutory net profit after tax (NPATA) was $306 million
- Aggregated revenue of $12,023 million, stable on pcp
- Underlying EBITA of $734 million, down 10.8% on pcp
- Final dividend declared, 25 cents per share unfranked
Full summary
Worley Ltd reported its full year results for FY26, showing a statutory net profit after tax (NPATA) of $306 million. Aggregated revenue was $12,023 million, stable on the prior corresponding period (pcp). Underlying earnings before interest and tax (EBITA) was $734 million, down 10.8% on pcp, impacted by the ongoing conflict in the Middle East and adverse foreign currency translation. Underlying EBITA margin (excluding procurement) was 9.0%. Underlying NPATA was $395 million, down 16.8% on pcp. The company completed a $500 million on-market share buyback in May 2026, with a further $300 million buyback commenced. Bookings of $15.5 billion were up 23% on pcp, and backlog is $13.8 billion, up 9% from the prior year. The company expects mid to high single-digit growth in both aggregated revenue and underlying EBITA in FY27.
Guidance
FY27: mid to high single-digit growth in aggregated revenue and underlying EBITA
Outlook
Worley expects mid to high single-digit growth in underlying EBITA and aggregated revenue in FY27, with more growth expected in H2 due to increased activity in the Middle East and strong demand in key markets.
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