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Contact Energy Limited

CEN.AXUtilitiesASX

Utilities - Renewable · Last scanned May 29, 2026

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Financials · Annual
Revenue
$3.41B
+20.1% YoY
Net Income
$331.0M
+40.9% YoY
EBITDA
$833.0M
+31.2% YoY
Free Cash Flow
$363.2M

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About Contact Energy Limited

Contact Energy Limited generates and sells electricity and natural gas in New Zealand. With a market capitalization of $7.92B, it sits in mid-cap territory. It operates through Wholesale and Retail segments.

Key stats
Market Cap$7.92B
P/E (TTM)22.11
EPS$0.36
Beta0.11
52W Change-9.1%
Dividend Yield4.07%
ROE11.1%
Analysis

Contact Energy Limited carries $3.16B in total debt against $273.0M in cash reserves — debt is roughly 11.6x the cash position. Managing this leverage effectively will be important for long-term financial stability. The company generates $363.2M in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. ROE of 11.1% points to decent capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. An ROA of 6.1% suggests reasonable efficiency in deploying the company's asset base. Revenue has grown from $2.37B (2022) to $3.41B (2025), reflecting a 44% increase over the period.

The relatively low beta of 0.11 suggests CEN.AX is a less volatile holding compared to the broader index. Contact Energy Limited carries a heavier debt load relative to its cash position, which introduces financial risk that investors should weigh. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Contact Energy Limited and its sector.

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