profit from every A$100 of sales.
A$0A$100
Ramsay Health Care
A$55.03-0.70% today
+55.1% in 1 year
1-year low A$34.101-year high A$56.07
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$529.27 for every A$1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Ramsay Health Care sold, what it kept, and what it did with the cash.
Sales went from A$13.1 billion in 2022 to A$17.7 billion in 2025, with A$24.0 million of profit last year.
SalesProfit
Ramsay Health Care handed back 27% of the cash it generated last year.
A$191M
Free cash flow 2025A$704M
Bought back its own shares–
Paid as dividendsA$191M
Cash vs. debtA$784M vs. A$12.1B
Ramsay Health Care vs. similar companies
Ramsay Health Care grows in the middle of these 5 and is the most expensive for its profits.
| Company | Profit from A$100 of sales | Sales growth a year | Price per A$1 of profit |
|---|---|---|---|
| Ramsay Health Care | 529.3× · Very expensive | ||
 HCA Healthcare | 15.4× · Fair price | ||
 Fresenius SE & Co. KGaA | 23.9× · Fair price | ||
 IHH Healthcare Berhad | 34.3× · Expensive | ||
 Rede D'Or São Luiz | 16.2× · Fair price |
AI analysis
An AI analyst reads Ramsay Health Care'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 |
|---|---|---|---|---|
| 13,082 | 14,863 | 16,560 | 17,674 | |
| 9,974 | 11,515 | 12,847 | 13,670 | |
| 231 | 554 | 833 | 871 | |
| 1,613 | 1,777 | 1,806 | 1,563 | |
| 274 | 298 | 889 | 24 | |
| 1.16 | 1.25 | 3.89 | 0.10 | |
| 76.2% | 77.5% | 77.6% | 77.3% | |
| 1.8% | 3.7% | 5.0% | 4.9% | |
| 2.1% | 2.0% | 5.4% | 0.1% |
Balance sheet
| In millions of AUD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 19,473 | 21,030 | 20,894 | 22,476 |
| Cash | 314 | 656 | 662 | 784 |
| Total debt | 10,699 | 11,886 | 10,938 | 12,120 |
| Total liabilities | 14,947 | 16,207 | 15,367 | 16,767 |
| 3,934 | 4,155 | 4,898 | 5,024 | |
| 236 | 239 | 229 | 229 | |
| 3.3% | 3.4% | 3.2% | 1.8% | |
| 7.0% | 7.2% | 18.1% | 0.5% |
Cash flow
| In millions of AUD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| – | – | – | – | |
| 709 | 721 | 754 | 777 | |
| 7 | 559 | 539 | 704 | |
| Dividends paid | 371 | 237 | 158 | 191 |
| – | – | – | – | |
| – | – | – | – |
Valuation
- 529.3×
- –
- –
- 1.8×
- 0.7×
- 18.0×
- 15.4×
- 5.5%
- 0.2%
- 1.5%
Profitability
- 77.3%
- 4.9%
- 0.1%
- –
- 1.8%
- 2.9%
- –
- –
- –
- –
Growth
- +10.5%
- −55.2%
- –
- –
- −0.9%
Financial health
- 7.3×
- 2.41
- –
- 1.3×
- 0.90
- –
- –
How it ranks in Healthcare
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 37%of 952
Bottom 36%of 884
Top 50%of 886
Top 19%of 987
1.5%of the share price, paid each year
On $1,000 invested$15a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
794.6% of its profit
Room to growStretchedMore than it earns: 27.1%
News
No recent news on file.
Insider 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
0/7Passes 0 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
26No pass
Benjamin Graham
44No pass
Philip Fisher
36No pass
Peter Lynch
16No pass
Joel Greenblatt
0No pass
Charlie Munger
21No pass
Terry Smith
26No pass
Questions about Ramsay Health Care
Is Ramsay Health Care a good stock to buy?
A business with weak numbers, priced as if everything goes right. 0 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 Ramsay Health Care AI analysis
What does Ramsay Health Care do?
Ramsay Health Care Limited owns and operates hospitals in Australia and internationally. It offers health care services to public and private patients. The company was founded in 1964 and is based in St Leonards, Australia. It is in Medical Care Facilities, based in St Leonards, NSW, Australia, with 92,000 employees.
Does Ramsay Health Care pay a dividend?
Yes. At today's price the dividend is 1.5% a year. In 2025 it paid out A$191 million in dividends.
Is Ramsay Health Care stock halal?
No. Ramsay Health Care does not pass our halal screen: its debt is 95% of its market value, at or above the 33% limit. How we check
How has Ramsay Health Care stock done over the past year?
Up 55.1% over the past twelve months, to A$55.03. It traded between A$34.10 and A$56.07, close to its high.
Who are Ramsay Health Care's competitors?
The largest listed companies in the same industry are HCA Healthcare, Fresenius SE & Co. KGaA, IHH Healthcare Berhad and Rede D'Or São Luiz. The peers table on this page compares their profit, growth and price with Ramsay Health Care's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.