profit from every A$100 of sales.

Steadfast Group
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.
You pay A$19.26 for every A$1 of profit it makes in a year.
Not measured for banks and insurers: deposits and policy reserves count as debt, so the usual debt test says nothing about them.
Money in, money out
What Steadfast Group sold, what it kept, and what it did with the cash.
Sales went from A$793 million in 2022 to A$1.32 billion in 2025, with A$335 million of profit last year.
Steadfast Group handed back 52% of the cash it generated last year.
Steadfast Group vs. similar companies
Steadfast Group grows in the middle 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 |
|---|---|---|---|
Steadfast Group | 19.3× · Fair price | ||
Marsh & McLennan Companies | 23.8× · Fair price | ||
Arthur J. Gallagher & | 48.6× · Expensive | ||
Aon | 19.4× · Fair price | ||
Ryan Specialty Holdings | 187.4× · Very expensive |
AI analysis
An AI analyst reads Steadfast Group'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 |
|---|---|---|---|---|
| 793 | 1,008 | 1,201 | 1,320 | |
| 793 | 1,008 | 1,201 | 1,320 | |
| 183 | 217 | 239 | 266 | |
| 370 | 457 | 536 | 665 | |
| 172 | 189 | 228 | 335 | |
| 0.18 | 0.18 | 0.21 | 0.30 | |
| 100.0% | 100.0% | 100.0% | 100.0% | |
| 23.0% | 21.5% | 19.9% | 20.2% | |
| 21.6% | 18.8% | 19.0% | 25.4% |
Balance sheet
| In millions of AUD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 3,917 | 4,885 | 5,706 | 6,427 |
| Cash | 945 | 1,139 | 1,326 | 1,602 |
| Total debt | 939 | 1,037 | 1,297 | 1,630 |
| Total liabilities | 2,103 | 2,640 | 3,138 | 3,800 |
| 1,685 | 2,041 | 2,330 | 2,397 | |
| 961 | 1,025 | 1,075 | 1,103 | |
| 7.9% | 8.4% | 8.5% | 9.8% | |
| 10.2% | 9.3% | 9.8% | 14.0% |
Cash flow
| In millions of AUD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| – | – | – | – | |
| 9 | 16 | 11 | 8 | |
| 239 | 408 | 287 | 490 | |
| Dividends paid | 130 | 166 | 213 | 249 |
| 11 | 10 | 15 | 8 | |
| – | – | – | – |
This is a bank or insurer, so cash-flow and debt ratios are left out: borrowing and lending is the business itself. Price to book and return on equity are the measures that matter here.
Valuation
- 19.3×
- –
- 0.99
- 2.4×
- 4.9×
- 5.2%
- 3.9%
Profitability
- 25.4%
- 9.8%
- 8.7%
- –
- –
Growth
- +18.5%
- +19.4%
- –
- +4.7%
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.
How safe it looks
74.3% of its profit
Room to growStretchedMore than it earns: 50.7%
News
Australia's Steadfast to be acquired by KKR-led group for $5.5BSeeking Alpha · Aug 21, 2026The newest story we have is from Aug 21, 2026.
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
4/7Passes 4 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.
Questions about Steadfast Group
Is Steadfast Group a good stock to buy?
A strong, very profitable business at a fair price. 4 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 Steadfast Group AI analysis
What does Steadfast Group do?
Steadfast Group Limited provides general insurance brokerage services Australasia, Asia, and Europe. It also offers insurance underwriting services and related services. It is in Insurance Brokers, based in Sydney, NSW, Australia.
Does Steadfast Group pay a dividend?
Yes. At today's price the dividend is 3.9% a year, about 74% of its yearly profit. In 2025 it paid out A$249 million in dividends.
Is Steadfast Group stock halal?
Questionable. Steadfast Group sits in a grey zone: scholars disagree about its industry. How we check
How has Steadfast Group stock done over the past year?
Up 13.9% over the past twelve months, to A$5.80. It traded between A$3.91 and A$5.84, close to its high.
Who are Steadfast Group's competitors?
The largest listed companies in the same industry are Marsh & McLennan Companies, Arthur J. Gallagher &, Aon and Ryan Specialty Holdings. The peers table on this page compares their profit, growth and price with Steadfast Group's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.



