profit from every A$100 of sales.
A$0A$100
ASX
A$67.45+1.37% today
+15.9% in 1 year
1-year low A$45.311-year high A$67.45
Trading close to its highest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay A$26.48 for every A$1 of profit it makes in a year.
CheapExpensive
It holds more cash than debt.
No debt5 years
Money in, money out
What ASX sold, what it kept, and what it did with the cash.
Sales went from A$1.04 billion in 2022 to A$1.13 billion in 2025, with A$503 million of profit last year.
SalesProfit
ASX handed back more cash to shareholders than it generated last year.
A$395M
Free cash flow 2025A$303M
Bought back its own shares–
Paid as dividendsA$395M
Cash vs. debtA$1.0B vs. A$311M
ASX vs. similar companies
ASX grows the slowest of these 5 and is the cheapest for its profits.
| Company | Profit from A$100 of sales | Sales growth a year | Price per A$1 of profit |
|---|---|---|---|
| ASX | 26.5× · Fair price | ||
 S&P Global | 30.8× · Expensive | ||
 CME Group | 27.8× · Fair price | ||
 Intercontinental Exchange | 30.4× · Expensive | ||
 Moody's | 36.1× · Expensive |
AI analysis
An AI analyst reads ASX's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of AUD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 1,042 | 1,016 | 1,051 | 1,128 | |
| 1,042 | 1,016 | 1,051 | 1,128 | |
| 703 | 615 | 615 | 643 | |
| 797 | 817 | 1,182 | 1,263 | |
| 509 | 317 | 474 | 503 | |
| 2.63 | 1.64 | 2.45 | 2.59 | |
| 100.0% | 100.0% | 100.0% | 100.0% | |
| 67.5% | 60.5% | 58.5% | 57.0% | |
| 48.8% | 31.2% | 45.1% | 44.6% |
Balance sheet
| In millions of AUD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 18,238 | 16,833 | 16,887 | 17,569 |
| Cash | 4,972 | 1,009 | 1,243 | 1,008 |
| Total debt | 68 | 79 | 334 | 311 |
| Total liabilities | 14,432 | 13,193 | 13,162 | 13,697 |
| 3,805 | 3,641 | 3,725 | 3,873 | |
| 194 | 194 | 194 | 194 | |
| 13.4% | 14.6% | 19.7% | 20.3% | |
| 13.4% | 8.7% | 12.7% | 13.0% |
Cash flow
| In millions of AUD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| – | – | – | – | |
| – | – | – | – | |
| 203 | -3,404 | 480 | 303 | |
| Dividends paid | 441 | 457 | 391 | 395 |
| – | – | – | – | |
| – | – | – | – |
Valuation
- 26.5×
- –
- –
- 2.5×
- 11.8×
- 43.9×
- 10.0×
- 2.3%
- 3.8%
- 3.0%
Profitability
- 100.0%
- 57.0%
- 44.6%
- –
- 20.3%
- 17.0%
- –
- –
- –
- –
Growth
- +2.7%
- −0.5%
- –
- –
- +0.1%
Financial health
- -0.6×
- 0.08
- –
- 2.5×
- 1.12
- –
- –
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 9%of 758
Top 14%of 604
Bottom 22%of 874
Bottom 28%of 887
Bottom 39%of 933
3.0%of the share price, paid each year
On $1,000 invested$30a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
78.6% of its profit
Room to growStretchedMore than it earns: 130.4%
News
Australian Stock Market Today: ASX Futures Dip On US Tech Selloff And RBA DecisionYahoo Finance · Nov 1, 2026Urbanise.com Ltd (ASX:UBN) (FY 2026) Earnings Call Highlights: Revenue Up 14. ...Yahoo Finance · Sep 2, 2026PDI Gold standardizes name across ASX and TSX, approves 5-for-1 share consolidationSeeking Alpha · Aug 24, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
3/7Passes 3 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
60Pass
Benjamin Graham
59No pass
Philip Fisher
67Pass
Peter Lynch
41No pass
Joel Greenblatt
58No pass
Charlie Munger
72Pass
Terry Smith
58No pass
Questions about ASX
Is ASX a good stock to buy?
A strong, very profitable business at a fair price. 3 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the ASX AI analysis
What does ASX do?
ASX Limited operates as a multi-asset class and integrated exchange company in Australia and internationally. It is in Financial Data & Stock Exchanges, based in Sydney, NSW, Australia, with 1,354 employees.
Does ASX pay a dividend?
Yes. At today's price the dividend is 3.0% a year, about 79% of its yearly profit. In 2025 it paid out A$395 million in dividends.
Is ASX stock halal?
Yes. ASX passes our halal screen: its business is permitted and its debt is 2% of its market value, under the 30% limit. How we check
How has ASX stock done over the past year?
Up 15.9% over the past twelve months, to A$67.45. It traded between A$45.31 and A$67.45, close to its high.
Who are ASX's competitors?
The largest listed companies in the same industry are S&P Global, CME Group, Intercontinental Exchange and Moody's. The peers table on this page compares their profit, growth and price with ASX's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.