Netwealth Group Limited

ASX:NWL Stock Report

Market Cap: AU$7.4b

Netwealth Group Past Earnings Performance

Past criteria checks 6/6

Netwealth Group has been growing earnings at an average annual rate of 18.5%, while the Capital Markets industry saw earnings growing at 8.1% annually. Revenues have been growing at an average rate of 18.8% per year. Netwealth Group's return on equity is 58.5%, and it has net margins of 35.9%.

Key information

18.51%

Earnings growth rate

18.00%

EPS growth rate

Capital Markets Industry Growth6.60%
Revenue growth rate18.84%
Return on equity58.51%
Net Margin35.91%
Last Earnings Update30 Jun 2025

Recent past performance updates

Recent updates

If EPS Growth Is Important To You, Netwealth Group (ASX:NWL) Presents An Opportunity

Sep 15
If EPS Growth Is Important To You, Netwealth Group (ASX:NWL) Presents An Opportunity

Netwealth Group Limited's (ASX:NWL) Popularity With Investors Is Clear

Aug 13
Netwealth Group Limited's (ASX:NWL) Popularity With Investors Is Clear

There's Reason For Concern Over Netwealth Group Limited's (ASX:NWL) Massive 26% Price Jump

May 04
There's Reason For Concern Over Netwealth Group Limited's (ASX:NWL) Massive 26% Price Jump

With EPS Growth And More, Netwealth Group (ASX:NWL) Makes An Interesting Case

May 01
With EPS Growth And More, Netwealth Group (ASX:NWL) Makes An Interesting Case
User avatar

Acquisitions Like Xeppo And Flux Could Strain Margins But Broaden Services

Expansion into emerging markets and non-traditional platforms could increase acquisition costs and compress margins, impacting earnings.

Investors Still Waiting For A Pull Back In Netwealth Group Limited (ASX:NWL)

Jan 31
Investors Still Waiting For A Pull Back In Netwealth Group Limited (ASX:NWL)

Does Netwealth Group (ASX:NWL) Deserve A Spot On Your Watchlist?

Dec 19
Does Netwealth Group (ASX:NWL) Deserve A Spot On Your Watchlist?

Netwealth Group Limited (ASX:NWL) Not Flying Under The Radar

Oct 17
Netwealth Group Limited (ASX:NWL) Not Flying Under The Radar

Revenue & Expenses Breakdown

How Netwealth Group makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

ASX:NWL Revenue, expenses and earnings (AUD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 25324117390
31 Mar 25306109360
31 Dec 24287102340
30 Sep 2427193320
30 Jun 2425583300
31 Mar 2424580290
31 Dec 2323576280
30 Sep 2322571270
30 Jun 2321567270
31 Mar 2320463250
31 Dec 2219359230
30 Sep 2218557210
30 Jun 2217756190
31 Mar 2216855160
31 Dec 2115954120
30 Sep 211525490
30 Jun 211455460
31 Mar 211415250
31 Dec 201385150
30 Sep 201314750
30 Jun 201244440
31 Dec 191093950
30 Sep 191043750
30 Jun 19993550
31 Dec 18913040
30 Sep 18872540
30 Jun 18832040
31 Dec 17731340
30 Sep 17671540
30 Jun 17611630
30 Jun 16491430
30 Jun 15526140

Quality Earnings: NWL has high quality earnings.

Growing Profit Margin: NWL's current net profit margins (35.9%) are higher than last year (32.7%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: NWL's earnings have grown by 18.5% per year over the past 5 years.

Accelerating Growth: NWL's earnings growth over the past year (39.8%) exceeds its 5-year average (18.5% per year).

Earnings vs Industry: NWL earnings growth over the past year (39.8%) exceeded the Capital Markets industry 12.7%.


Return on Equity

High ROE: NWL's Return on Equity (58.5%) is considered outstanding.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/05 20:48
End of Day Share Price 2025/10/03 00:00
Earnings2025/06/30
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Netwealth Group Limited is covered by 27 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Russell WrightBarclay Pearce Capital Pty Limited
Benjamin BrayshawBarrenjoey Markets Pty Limited
Nicholas McGarrigleBarrenjoey Markets Pty Limited