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Sonic Healthcare Limited

SHL.AXHealthcareASX

Diagnostics & Research

PriceMA150MA200
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Financials · Annual
Revenue
$9.62B
+7.7% YoY
Net Income
$513.6M
+0.5% YoY
EBITDA
$1.68B
+1.5% YoY
Free Cash Flow
$597.8M

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About Sonic Healthcare Limited

Part of the healthcare sector, Sonic Healthcare Limited (SHL.AX) is listed under Diagnostics & Research. With a market capitalization of $9.21B, it sits in mid-cap territory. The company provides laboratory medicine/pathology testing services, such as biochemistry, cytopathology, genetics, haematology, histopathology, immunoserology, microbiology, molecular pathology, prenatal testing, toxicology, and ancillary functions; and radiology services, including magnetic resonance imaging, computed tomography (CT), ultrasound, X-ray, mammography, nuclear medicine, PET CT, interventional procedures, and bone mineral densitometry.

Key stats
Market Cap$9.21B
P/E (TTM)16.78
Fwd P/E13.87
EPS$1.11
Beta0.57
52W Change-29.7%
Dividend Yield5.77%
ROE6.6%
Analysis

On the balance sheet, SHL.AX has $557.1M in cash with $5.95B in obligations. The ability to service this debt comfortably depends on continued operational cash generation. The company generates $597.8M in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. ROE of 6.6% points to modest capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 3.8% is on the lower side, which is common in asset-heavy industries. Revenue has been relatively flat, moving from $9.32B (2022) to $9.62B (2025).

The relatively low beta of 0.57 suggests SHL.AX is a less volatile holding compared to the broader index. The debt-to-cash ratio suggests meaningful leverage on the balance sheet, a factor worth monitoring if credit conditions tighten. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Sonic Healthcare Limited's trajectory.

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SHL.AX — Sonic Healthcare Limited Technical Analysis | Scanance