Top Page
Perpetual Limited
(Sydney:PPT)
Perpetual Limited (PPT) vs. iShares MSCI Australia ETF (EWA)
Perpetual Limited Business Overview & Revenue Model
Perpetual Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.38B | 23.10M | 1.30B | 995.60M | 773.50M | 623.30M |
| Gross Profit | 539.10M | -47.90M | 1.14B | 878.80M | 711.40M | 310.10M |
| EBITDA | 240.00M | 140.30M | 281.60M | 217.10M | 199.20M | 162.71M |
| Net Income | -494.70M | -58.20M | -472.20M | 59.00M | 101.20M | 74.87M |
Balance Sheet | ||||||
| Total Assets | 3.63B | 3.42B | 3.40B | 3.94B | 1.75B | 1.62B |
| Cash, Cash Equivalents and Short-Term Investments | 271.30M | 343.20M | 221.30M | 427.10M | 361.70M | 311.00M |
| Total Debt | 990.60M | 1.13B | 833.70M | 825.30M | 330.70M | 249.20M |
| Total Liabilities | 1.84B | 1.77B | 1.66B | 1.57B | 820.70M | 709.80M |
| Stockholders Equity | 1.79B | 1.65B | 1.74B | 2.37B | 925.80M | 907.10M |
Cash Flow | ||||||
| Free Cash Flow | 210.00M | 196.40M | 264.60M | 109.40M | 155.80M | 106.90M |
| Operating Cash Flow | 234.50M | 217.10M | 296.40M | 134.80M | 170.80M | 120.60M |
| Investing Cash Flow | -84.10M | 17.40M | -97.90M | -244.00M | -69.20M | -478.90M |
| Financing Cash Flow | -86.20M | -129.20M | -229.30M | 221.60M | -66.60M | 344.10M |
Perpetual Limited Technical Analysis
Perpetual Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | €1.62B | 10.32 | 16.50% | 6.21% | -13.22% | -29.69% | |
69 Neutral | AU$670.58M | 20.75 | 8.50% | 4.47% | 4.26% | 79.41% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
65 Neutral | AU$1.93B | 23.37 | 5.59% | 5.65% | 38.64% | -21.14% | |
51 Neutral | $4.43B | 24.44 | 4.59% | 1.71% | -14.92% | 179.69% | |
51 Neutral | $3.05B | 189.21 | 0.72% | ― | -15.63% | ― | |
50 Neutral | €2.16B | -36.55 | -3.34% | 6.02% | 2.87% | 87.93% |
Perpetual Limited Corporate Events
Perpetual Limited held its Annual General Meeting on October 23, 2025, where all resolutions were passed by poll. Notably, Resolution 4 was not put to the meeting as it was contingent on a specific voting outcome for Resolution 3, which did not occur. The meeting results reflect strong shareholder support for the company’s leadership and strategic direction, as evidenced by the approval of key resolutions concerning executive remuneration and appointments.
The most recent analyst rating on (AU:PPT) stock is a Hold with a A$22.40 price target. To see the full list of analyst forecasts on Perpetual Limited stock, see the AU:PPT Stock Forecast page.
Perpetual Limited’s 2025 Annual General Meeting highlighted the company’s strategic shift and operational improvements under the leadership of CEO Bernard Reilly. The company has made significant progress in reducing costs and enhancing operational efficiencies, particularly after terminating a planned acquisition by KKR, and continues to operate as a diversified financial services business.
The most recent analyst rating on (AU:PPT) stock is a Hold with a A$22.40 price target. To see the full list of analyst forecasts on Perpetual Limited stock, see the AU:PPT Stock Forecast page.
Perpetual Limited has addressed media speculation regarding the proposed sale of its Wealth Management business, initially announced in February 2025. The company is actively progressing with the sale and is in discussions with multiple interested parties, ensuring that shareholders and the market are kept informed according to its disclosure obligations.
The most recent analyst rating on (AU:PPT) stock is a Hold with a A$22.40 price target. To see the full list of analyst forecasts on Perpetual Limited stock, see the AU:PPT Stock Forecast page.
Perpetual Limited announced a correction to its Q1 FY26 Business Update, clarifying an error in the classification of Fixed Income and Cash Assets Under Management. The correction does not affect the total Assets Under Management or net flows, ensuring stakeholders that the overall financial position remains stable.
The most recent analyst rating on (AU:PPT) stock is a Hold with a A$21.60 price target. To see the full list of analyst forecasts on Perpetual Limited stock, see the AU:PPT Stock Forecast page.
Perpetual Limited reported a solid first quarter for FY26, with growth across its three business lines: asset management, corporate trust, and wealth management. The asset management division saw an increase in assets under management due to strong global equity market returns and product innovation, including the launch of a new ETF. The corporate trust business continued to grow its funds under administration, while the wealth management segment, despite being up for sale, also reported growth. The company’s strategic moves, such as appointing a new CEO for J O Hambro and expanding its digital and markets segment, are aimed at enhancing its market position and providing diversification opportunities.
The most recent analyst rating on (AU:PPT) stock is a Hold with a A$21.60 price target. To see the full list of analyst forecasts on Perpetual Limited stock, see the AU:PPT Stock Forecast page.
Perpetual Limited has announced that it has ceased to be a substantial holder in Viva Energy Group Limited as of October 13, 2025. This change in holding may impact Perpetual’s investment strategy and influence its market positioning, while stakeholders in Viva Energy could see shifts in shareholder dynamics.
The most recent analyst rating on (AU:PPT) stock is a Hold with a A$22.50 price target. To see the full list of analyst forecasts on Perpetual Limited stock, see the AU:PPT Stock Forecast page.
Perpetual Limited has announced the cessation of 377,257 performance rights under the ASX security code PPTAA, effective from July 2, 2025. This cessation may impact the company’s issued capital and could have implications for stakeholders regarding the company’s stock performance and market strategy.
The most recent analyst rating on (AU:PPT) stock is a Hold with a A$22.50 price target. To see the full list of analyst forecasts on Perpetual Limited stock, see the AU:PPT Stock Forecast page.
Perpetual Limited announced a change in the director’s interest, with Fiona Trafford-Walker acquiring 161 ordinary shares through the company’s Dividend Reinvestment Plan. This change reflects the director’s increased investment in the company, potentially indicating confidence in its financial performance and future prospects.
The most recent analyst rating on (AU:PPT) stock is a Hold with a A$22.50 price target. To see the full list of analyst forecasts on Perpetual Limited stock, see the AU:PPT Stock Forecast page.
Perpetual Limited has announced a change in the director’s interest notice concerning Paul Christopher Raymond Ruiz. The director, through Beattie Branch Pty Ltd, has acquired 283 ordinary shares in Perpetual Limited under the company’s Dividend Reinvestment Plan, bringing his total indirect holding to 10,271 shares. This acquisition reflects the director’s continued confidence in the company’s performance and aligns with Perpetual’s strategy to enhance shareholder value.
The most recent analyst rating on (AU:PPT) stock is a Hold with a A$22.50 price target. To see the full list of analyst forecasts on Perpetual Limited stock, see the AU:PPT Stock Forecast page.
Perpetual Limited has announced a change in the director’s interest notice, specifically regarding Gregory John Andrew Cooper. Mr. Cooper, through BG Cooper Pty Limited, acquired 540 ordinary shares in Perpetual Limited under the company’s Dividend Reinvestment Plan, increasing his total indirect holdings to 19,587 shares. This acquisition reflects a strategic decision to reinvest dividends, potentially indicating confidence in the company’s future performance.
The most recent analyst rating on (AU:PPT) stock is a Hold with a A$22.50 price target. To see the full list of analyst forecasts on Perpetual Limited stock, see the AU:PPT Stock Forecast page.
Perpetual Limited has announced that it has ceased to be a substantial holder in Washington H. Soul Pattinson and Company Limited as of October 1, 2025. This change in holding could impact Perpetual’s investment strategy and influence its market positioning, potentially affecting its stakeholders and future business operations.
The most recent analyst rating on (AU:PPT) stock is a Buy with a A$23.95 price target. To see the full list of analyst forecasts on Perpetual Limited stock, see the AU:PPT Stock Forecast page.
Perpetual Limited has announced the issuance of 90,717 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) under the code PPT. This move is part of a dividend or distribution plan, potentially enhancing the company’s capital structure and providing additional value to its stakeholders.
The most recent analyst rating on (AU:PPT) stock is a Buy with a A$23.95 price target. To see the full list of analyst forecasts on Perpetual Limited stock, see the AU:PPT Stock Forecast page.
Perpetual Limited has announced the issuance of 147,054 performance rights under an employee incentive scheme. These securities are unquoted and subject to transfer restrictions, reflecting the company’s commitment to aligning employee interests with long-term corporate performance, potentially enhancing its competitive position in the financial services sector.
The most recent analyst rating on (AU:PPT) stock is a Hold with a A$19.50 price target. To see the full list of analyst forecasts on Perpetual Limited stock, see the AU:PPT Stock Forecast page.
Perpetual Limited announced an update to its previous dividend distribution announcement, specifying the Dividend Reinvestment Plan (DRP) price following a 10-day Volume Weighted Average Price (VWAP). This update pertains to the dividend for the six-month period ending June 30, 2025, with a record date of September 12, 2025. The announcement is significant as it provides clarity on the DRP pricing, which could impact shareholder decisions and the company’s capital management strategy.
The most recent analyst rating on (AU:PPT) stock is a Hold with a A$19.50 price target. To see the full list of analyst forecasts on Perpetual Limited stock, see the AU:PPT Stock Forecast page.
Perpetual Limited has released its Sustainability Report for 2025, outlining its commitment to sustainable practices and strategies. This announcement highlights the company’s efforts to integrate sustainability into its operations, potentially enhancing its industry positioning and offering valuable insights for stakeholders interested in the company’s long-term environmental and social impact.
The most recent analyst rating on (AU:PPT) stock is a Hold with a A$19.50 price target. To see the full list of analyst forecasts on Perpetual Limited stock, see the AU:PPT Stock Forecast page.
Perpetual Limited has released its Annual General Meeting (AGM) announcements for 2025, which include the AGM Notice of Meeting, Proxy Form, Shareholder Question Form, and an Online Guide. The company also published its Annual Report for 2025, highlighting its ongoing commitment to transparency and shareholder engagement. These documents are intended to facilitate shareholder participation and ensure informed decision-making, reflecting Perpetual’s dedication to maintaining strong corporate governance practices.
The most recent analyst rating on (AU:PPT) stock is a Hold with a A$19.50 price target. To see the full list of analyst forecasts on Perpetual Limited stock, see the AU:PPT Stock Forecast page.
Perpetual Limited announced its Annual General Meeting (AGM) for 2025, scheduled for October 23 in Sydney, with options for online participation. Key agenda items include financial reports, director re-appointment, CEO equity grants, and the remuneration report. The board advises shareholders to vote against a conditional spill resolution, believing it is not in the best interests of shareholders.
The most recent analyst rating on (AU:PPT) stock is a Hold with a A$19.50 price target. To see the full list of analyst forecasts on Perpetual Limited stock, see the AU:PPT Stock Forecast page.
Perpetual Limited has announced its Annual General Meeting (AGM) for 2025, scheduled to take place on October 23 in Sydney, with provisions for online participation. This meeting is a significant event for the company, allowing shareholders to engage with the management and discuss the company’s strategic direction and performance.
The most recent analyst rating on (AU:PPT) stock is a Hold with a A$19.50 price target. To see the full list of analyst forecasts on Perpetual Limited stock, see the AU:PPT Stock Forecast page.
Macquarie Group Limited, along with its controlled entities, has ceased to be a substantial holder in Perpetual Limited, as indicated in a recent notice. This change reflects a shift in the voting securities and associations of Macquarie Group, which may impact its influence within the company and potentially alter its strategic positioning in the market.
The most recent analyst rating on (AU:PPT) stock is a Hold with a A$19.50 price target. To see the full list of analyst forecasts on Perpetual Limited stock, see the AU:PPT Stock Forecast page.
Macquarie Group Limited has announced that it has ceased to be a substantial holder in Perpetual Limited. This change in substantial holding could impact Macquarie’s influence over Perpetual Limited’s voting securities and may have implications for the company’s strategic decisions and stakeholder interests.
The most recent analyst rating on (AU:PPT) stock is a Hold with a A$22.85 price target. To see the full list of analyst forecasts on Perpetual Limited stock, see the AU:PPT Stock Forecast page.
Perpetual Limited announced the cessation of 84,425 performance rights securities, effective September 1, 2025. This move may impact the company’s capital structure and reflects its ongoing management of equity-based compensation, potentially influencing stakeholder perceptions and market positioning.
The most recent analyst rating on (AU:PPT) stock is a Hold with a A$20.50 price target. To see the full list of analyst forecasts on Perpetual Limited stock, see the AU:PPT Stock Forecast page.
Perpetual Limited has announced that Macquarie Group Limited and its controlled bodies corporate have ceased to be substantial holders in the company. This change in substantial holding reflects a shift in Macquarie Group’s voting securities and associations, potentially impacting Perpetual Limited’s shareholder structure and market dynamics.
The most recent analyst rating on (AU:PPT) stock is a Hold with a A$22.50 price target. To see the full list of analyst forecasts on Perpetual Limited stock, see the AU:PPT Stock Forecast page.
Perpetual Limited announced its FY25 financial results, including statutory accounts and a corporate governance statement. The results highlight the company’s adherence to ASX listing rules and corporate governance standards, reflecting its commitment to transparency and accountability. This announcement is significant for stakeholders as it underscores Perpetual’s operational performance and governance practices, which are crucial for maintaining investor confidence and market positioning.
The most recent analyst rating on (AU:PPT) stock is a Buy with a A$23.00 price target. To see the full list of analyst forecasts on Perpetual Limited stock, see the AU:PPT Stock Forecast page.
Perpetual Limited has released its financial results for the fiscal year 2025, which include several key documents such as the FY25 Appendix 4E, Full Year Statutory Accounts, and Results Presentation. These results are crucial for understanding the company’s operational and financial performance over the past year, providing insights into its market positioning and future strategic directions.
The most recent analyst rating on (AU:PPT) stock is a Buy with a A$23.00 price target. To see the full list of analyst forecasts on Perpetual Limited stock, see the AU:PPT Stock Forecast page.
Perpetual Limited has released its financial results for the fiscal year ending 30 June 2025. The announcement includes various documents such as the FY25 Appendix 4E, ASX Announcement, and Full Year Statutory Accounts. The presentation of the results was led by CEO Bernard Reilly and CFO Suzanne Evans. This release is significant for stakeholders as it provides insights into the company’s financial performance and strategic positioning in the market.
The most recent analyst rating on (AU:PPT) stock is a Buy with a A$23.00 price target. To see the full list of analyst forecasts on Perpetual Limited stock, see the AU:PPT Stock Forecast page.
Perpetual Limited announced its financial results for FY25, reporting an underlying profit after tax of $204.1 million, a slight decrease from the previous year. Despite challenges such as net outflows in asset management and uncertainties in wealth management, the company saw revenue growth across its divisions, with asset management and corporate trust showing positive trends. The company also reported a statutory loss after tax due to non-cash impairments and strategic costs, but achieved significant savings through its Simplification Program. The announcement highlighted a new leadership team and ongoing strategic initiatives, including the proposed sale of its wealth management division, aimed at enhancing shareholder value.
The most recent analyst rating on (AU:PPT) stock is a Buy with a A$23.00 price target. To see the full list of analyst forecasts on Perpetual Limited stock, see the AU:PPT Stock Forecast page.
Perpetual Limited has announced that it has ceased to be a substantial holder in Infomedia Limited as of August 21, 2025. This change in substantial holding indicates a shift in Perpetual Limited’s investment strategy or portfolio management, which could impact its influence over Infomedia Limited’s corporate decisions and potentially affect other stakeholders.
The most recent analyst rating on (AU:PPT) stock is a Buy with a A$23.00 price target. To see the full list of analyst forecasts on Perpetual Limited stock, see the AU:PPT Stock Forecast page.
Perpetual Limited has revised its FY25 non-cash impairment announcement, correcting the impairment figure to be pre-tax rather than post-tax. The company expects to recognize a non-cash impairment charge of approximately $153.7 million pre-tax, primarily due to the reduced carrying value of goodwill and customer contracts in its J O Hambro boutique. This impairment will affect the statutory results for FY25 but does not impact the company’s liquidity or compliance with banking covenants.
The most recent analyst rating on (AU:PPT) stock is a Buy with a A$23.00 price target. To see the full list of analyst forecasts on Perpetual Limited stock, see the AU:PPT Stock Forecast page.
Perpetual Limited has announced that it has ceased to be a substantial holder in Orora Limited as of August 19, 2025. This change in holding may affect Perpetual’s influence over Orora Limited’s voting securities and could have implications for the company’s strategic decisions and stakeholder interests.
The most recent analyst rating on (AU:PPT) stock is a Buy with a A$23.00 price target. To see the full list of analyst forecasts on Perpetual Limited stock, see the AU:PPT Stock Forecast page.
Perpetual Limited has announced that it has ceased to be a substantial holder in Peter Warren Automotive Holdings Limited as of August 8, 2025. This change in substantial holding indicates a shift in Perpetual Limited’s investment strategy or portfolio management concerning Peter Warren Automotive Holdings, potentially impacting the latter’s shareholder composition and market perception.
The most recent analyst rating on (AU:PPT) stock is a Hold with a A$22.40 price target. To see the full list of analyst forecasts on Perpetual Limited stock, see the AU:PPT Stock Forecast page.
Perpetual Limited has announced that its next Annual General Meeting (AGM) will be held on October 23, 2025, with the election of Directors as a key agenda item. The deadline for Director nominations is set for August 21, 2025, emphasizing the company’s adherence to governance protocols and offering stakeholders an opportunity to influence its leadership structure.
The most recent analyst rating on (AU:PPT) stock is a Hold with a A$22.40 price target. To see the full list of analyst forecasts on Perpetual Limited stock, see the AU:PPT Stock Forecast page.
Perpetual Limited has announced that it has ceased to be a substantial holder in Coast Entertainment Holdings Limited as of July 25, 2025. This change in substantial holding could impact Perpetual Limited’s influence over Coast Entertainment Holdings, potentially altering its strategic direction and affecting stakeholder interests.
The most recent analyst rating on (AU:PPT) stock is a Hold with a A$22.40 price target. To see the full list of analyst forecasts on Perpetual Limited stock, see the AU:PPT Stock Forecast page.