profit from every A$100 of sales.
A$0A$100
WAM Leaders
A$1.32+0.38% today
+3.1% in 1 year
1-year low A$1.251-year high A$1.43
Trading in the middle of its range for 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$33.46 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 WAM Leaders sold, what it kept, and what it did with the cash.
Sales went from A$91.4 million in 2022 to A$110 million in 2025, with A$63.8 million of profit last year.
SalesProfit
WAM Leaders handed back 97% of the cash it generated last year.
A$119M
Free cash flow 2025A$123M
Bought back its own sharesA$157,720
Paid as dividendsA$119M
WAM Leaders vs. similar companies
WAM Leaders grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from A$100 of sales | Sales growth a year | Price per A$1 of profit |
|---|---|---|---|
| WAM Leaders | 33.5× · Expensive | ||
 BlackRock | 34.0× · Expensive | ||
 Blackstone | 49.1× · Expensive | ||
 Investor | 8.5× · Cheap | ||
 Brookfield | 70.0× · Very expensive |
AI analysis
An AI analyst reads WAM Leaders'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 |
|---|---|---|---|---|
| 91 | 195 | 47 | 110 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – | |
| 66 | 130 | 22 | 64 | |
| 0.07 | 0.12 | 0.02 | 0.05 | |
| – | – | – | – | |
| – | – | – | – | |
| 71.9% | 66.8% | 47.3% | 58.0% |
Balance sheet
| In millions of AUD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 1,583 | 1,833 | 1,741 | 1,875 |
| Cash | 40 | 59 | 16 | 20 |
| Total debt | – | – | – | – |
| Total liabilities | 160 | 56 | 48 | 102 |
| 1,423 | 1,777 | 1,693 | 1,773 | |
| 1,008 | 1,111 | 1,259 | 1,365 | |
| – | – | – | – | |
| 4.6% | 7.3% | 1.3% | 3.6% |
Cash flow
| In millions of AUD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| – | – | – | – | |
| – | – | – | – | |
| -193 | -114 | 63 | 123 | |
| Dividends paid | 71 | 93 | 107 | 119 |
| 1 | 3 | – | 0 | |
| – | – | – | – |
Valuation
- 33.5×
- –
- –
- 1.0×
- 19.4×
- 17.4×
- –
- 5.7%
- 3.0%
- 5.6%
Profitability
- –
- –
- 58.0%
- –
- –
- –
- –
- –
- –
- –
Growth
- +6.4%
- −10.5%
- –
- –
- +10.6%
Financial health
- –
- –
- –
- –
- –
- –
- –
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.
Bottom 16%of 883
Bottom 40%of 880
Top 44%of 929
5.6%of the share price, paid each year
On $1,000 invested$56a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
185.8% of its profit
Room to growStretchedMore than it earns: 96.7%
News
Yealink Brings Global Industry Leaders Together to Shape the Future of AI-Powered WorkplacesYahoo Finance · Nov 5, 2026Leaders from Wolters Kluwer, Microsoft, Salesforce, and McKinsey challenge accounting firms to make one AI move in the next 90 daysYahoo Finance · Oct 30, 2026Ascendion Expands AI Advisory Community with Four Global Business and Technology LeadersYahoo Finance · Oct 28, 2026Miami AI Summit Draws 700+ for Sold-Out Gathering of Global AI and Emerging Tech LeadersYahoo Finance · Oct 26, 2026Do machines have feelings? AI has philosophers and tech leaders rethinking consciousness.MarketWatch · Oct 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.
Not enough data
Questions about WAM Leaders
Is WAM Leaders a good stock to buy?
A strong, very profitable business, but the price is high. 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 WAM Leaders AI analysis
What does WAM Leaders do?
WAM Leaders Limited is a close-ended equity mutual fund launched and managed by Wilson Asset Management (International) Pty Limited. The fund is co-managed by MAM Pty Limited. It invests into public equity and fixed income markets of Australia. It is in Asset Management, based in Sydney, NSW, Australia.
Does WAM Leaders pay a dividend?
Yes. At today's price the dividend is 5.6% a year, about 186% of its yearly profit. In 2025 it paid out A$119 million in dividends.
How has WAM Leaders stock done over the past year?
Up 3.1% over the past twelve months, to A$1.32. It traded between A$1.25 and A$1.43 and is 7.7% below its high.
Who are WAM Leaders's competitors?
The largest listed companies in the same industry are BlackRock, Blackstone, Investor and Brookfield. The peers table on this page compares their profit, growth and price with WAM Leaders's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.