profit from every A$100 of sales.
A$0A$100
Xero
A$76.93+2.34% today
-31.8% in 1 year
1-year low A$55.311-year high A$115.64
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, 2023 to 2026.
0%20% a year
You pay A$118.98 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 Xero sold, what it kept, and what it did with the cash.
Sales went from NZ$1.31 billion in 2023 to NZ$2.30 billion in 2026, with NZ$140 million of profit last year.
SalesProfit
Xero handed back 13% of the cash it generated last year.
Buybacks NZ$56M
Free cash flow 2026NZ$432M
Bought back its own sharesNZ$56M
Paid as dividends–
Cash vs. debtNZ$1.6B vs. NZ$1.8B
Xero vs. similar companies
Xero 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 |
|---|---|---|---|
| Xero | 119.0× · Very expensive | ||
 SAP | 34.4× · Expensive | ||
 Quhuo | No profit yet | ||
 Shopify | 153.7× · Very expensive | ||
 Salesforce | 24.0× · Fair price |
AI analysis
An AI analyst reads Xero'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 NZD | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 1,310 | 1,572 | 1,911 | 2,296 | |
| 1,310 | 1,572 | 1,701 | 1,925 | |
| 74 | 237 | 69 | -15 | |
| 168 | 511 | 697 | 741 | |
| -106 | 160 | 207 | 140 | |
| -0.71 | 1.05 | 1.34 | -0.16 | |
| 100.0% | 100.0% | 89.0% | 83.9% | |
| 5.7% | 15.1% | 3.6% | -0.7% | |
| -8.1% | 10.2% | 10.8% | 6.1% |
Balance sheet
| In millions of NZD | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 2,331 | 2,707 | 4,056 | 7,586 |
| Cash | 216 | 458 | 698 | 1,613 |
| Total debt | 1,070 | 1,123 | 1,217 | 1,772 |
| Total liabilities | 1,344 | 1,430 | 2,061 | 3,080 |
| 987 | 1,278 | 1,995 | 4,506 | |
| 150 | 153 | 155 | 165 | |
| -1.2% | 8.0% | 9.6% | 4.7% | |
| -10.8% | 12.5% | 10.4% | 3.1% |
Cash flow
| In millions of NZD | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| – | – | – | – | |
| 252 | 214 | 260 | 346 | |
| 113 | 329 | 478 | 432 | |
| Dividends paid | – | – | – | – |
| – | – | – | 56 | |
| – | – | – | – |
Valuation
- 119.0×
- –
- –
- 2.9×
- 7.2×
- 38.5×
- 22.6×
- 2.6%
- 0.8%
- –
Profitability
- 83.9%
- -0.7%
- 6.1%
- –
- 4.7%
- 5.3%
- –
- –
- –
- –
Growth
- +20.6%
- –
- –
- –
- +3.1%
Financial health
- 0.2×
- 0.39
- –
- 3.0×
- 1.09
- –
- –
How it ranks in Technology
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 37%of 964
Bottom 19%of 972
Bottom 8%of 727
Top 26%of 977
Bottom 49%of 981
News
Xero Announces New AI Innovations for Small Businesses and Accountants at Xerocon USYahoo Finance · Aug 19, 2026The newest story we have is from Aug 19, 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
1/7Passes 1 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
33No pass
Benjamin Graham
20No pass
Philip Fisher
45No pass
Peter Lynch
75Pass
Joel Greenblatt
3No pass
Charlie Munger
27No pass
Terry Smith
34No pass
Questions about Xero
Is Xero a good stock to buy?
A business with weak numbers, priced as if everything goes right. 1 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 Xero AI analysis
What does Xero do?
Xero Limited, together with its subsidiaries, provides online business solutions for small businesses and their advisors in Australia, New Zealand, the United Kingdom, the United States, and internationally. It is in Software - Application, based in Wellington, New Zealand, with 5,114 employees.
Is Xero stock halal?
Yes. Xero passes our halal screen: its business is permitted and its debt is 11% of its market value, under the 30% limit. How we check
How has Xero stock done over the past year?
Down 31.8% over the past twelve months, to A$76.93. It traded between A$55.31 and A$115.64 and is 33.5% below its high.
Who are Xero's competitors?
The largest listed companies in the same industry are SAP, Quhuo, Shopify and Salesforce. The peers table on this page compares their profit, growth and price with Xero's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.