SKL · NZX

Skellerup Holdings (SKL)

Name: Skellerup Holdings (SKL) financial result history
Creator: Annolyse

Industrials / Industrial productsCovered: HY23 - FY267 published briefings

Skellerup Holdings is an NZX-listed industrials / industrial products company. Its latest covered result is FY26, with HY23 - FY26 of source-backed result history on Annolyse.

Sections

Latest metrics

FY26, released 20 August 2026

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SKL latest metrics
Metric	Value	Change
Revenue	$390.1m	↑ +10.3%
EBITDA	$106.6m	↑ +12.3%
NPAT	$67.7m	↑ +24.2%
Operating cash flow	$83.6m	↑ +25.7%
OCF / EBITDA %	78.4%	↑ +8.3pp
Net debt	$2m	↓ -83.9%
Net debt / EBITDA	0.02xOutside range low net debt / ebitda. 0.02x; 3-period range 0.13x to 0.31x. Net debt / EBITDA: 0.02x, below normal range; 3-period mean 0.20x, range 0.13x-0.31x.	↓ -84.6%
ROE %	25.8%Outside range high roe. 25.8%; 3-period range 20.4% to 22.7%. ROE: 25.8%, above normal range; 3-period mean 21.9%, range 20.4%-22.7%.	↑ +3.1pp
DPS	20.0c	↑ +21.2%
Payout ratio vs NPAT %	86.9%	↓ -4.8pp

Source: latest published briefing (FY26, released 20 August 2026). Change compares against the prior equivalent period: FY25, released 21 August 2025.

Valuation

Trailing P/E, EV/EBITDA, price-to-book and price-to-free-cash-flow ratios combine the latest available close with filing data. They are comparative measures, not forecasts or recommendations.

Prices as at close, 18 September 2026

Price and market cap

The latest close and share count context for the market price.

Market cap

$1.5b

End-of-day close multiplied by current shares on issue.

Profitability multiples

How the market price compares with recent earnings and cash-flow inputs.

P/E

21.43x

Recent market cap compared with trailing earnings.

EPS

0.35

Recent filing-derived earnings per share.

PEG

0.89x

P/E compared with recent earnings growth.

EV/EBITDA

13.63x

Enterprise value compared with recent EBITDA.

P/FCF

21.19x

Market cap compared with recent free cash flow.

P/B

5.52x

Market value compared with latest reported equity.

Income and investment-company measures

Yield and investment-company valuation where supported.

Dividend yield

3.6%

Trailing dividends compared with the latest close.

Total return

Not available

Available once dividend and adjustment data are verified.

Price history

Daily closes use the full available width, with hover and touch values for each observation. Expand the chart to see more detail.

Share price

Five years of daily closes, as at close, 5 June 2026. Weekends, suspensions, and listing gaps stay as natural gaps in the time scale.

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P/E over time

Filing-period markers only: EOD close on or before each release date divided by filing-derived trailing NPAT where both inputs verify.

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Ask follow-up questions about Skellerup Holdings's latest result and company history.

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Ask about SKL

Informational only. No buy, sell, hold, price-target, or personal financial advice.

Financial history

Performance over time

The latest period is shown first.

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SKL metric history
Metric	FY2612 MONTHS20 August 2026	HY266 MONTHS12 February 2026	FY2512 MONTHS21 August 2025	HY256 MONTHS13 February 2025	FY2412 MONTHS15 August 2024	FY2312 MONTHS17 August 2023	HY236 MONTHS16 February 2023	Trend
Revenue	$390.1m	$183.5m	$353.5m	$165.3m	$330.6m	$333.5m	$165.5m	Chart
Revenue growth %	10.3%Outside range high revenue growth. 10.3%; 3-period range -0.9% to 6.9%. Revenue growth: 10.3%, above normal range; 3-period mean 3.8%, range -0.9%-6.9%.	11.0%	6.9%	-0.1%	-0.9%Outside range low revenue growth. -0.9%; 3-period range 5.3% to 10.3%. Revenue growth: -0.9%, below normal range; 3-period mean 7.5%, range 5.3%-10.3%.	5.3%	10.0%	Chart FY24 Revenue growth %: Outside range low revenue growth. -0.9%; 3-period range 5.3% to 10.3%. Revenue growth: -0.9%, below normal range; 3-period mean 7.5%, range 5.3%-10.3%. FY26 Revenue growth %: Outside range high revenue growth. 10.3%; 3-period range -0.9% to 6.9%. Revenue growth: 10.3%, above normal range; 3-period mean 3.8%, range -0.9%-6.9%.
EBITDA	$106.6m	$49.4m	$94.9m	$43.2m	$88.5m	$86.9m	$41.1m	Chart
EBITDA margin %	27.3%Outside range high ebitda margin. 27.3%; 3-period range 26.1% to 26.8%. EBITDA margin: 27.3%, above normal range; 3-period mean 26.6%, range 26.1%-26.8%.	26.9%	26.8%	26.1%	26.8%	26.1%Outside range low ebitda margin. 26.1%; 3-period range 26.8% to 27.3%. EBITDA margin: 26.1%, below normal range; 3-period mean 27.0%, range 26.8%-27.3%.	24.8%	Chart FY26 EBITDA margin %: Outside range high ebitda margin. 27.3%; 3-period range 26.1% to 26.8%. EBITDA margin: 27.3%, above normal range; 3-period mean 26.6%, range 26.1%-26.8%.
PBT	$91.1m	$39m	$74.3m	$33.1m	$67.7m	$67m	$31.5m	Chart
PBT growth %	22.6%Outside range high pbt growth. 22.6%; 3-period range 1% to 9.7%. PBT growth: 22.6%, above normal range; 3-period mean 5.0%, range 1.0%-9.7%.	17.8%	9.7%	5.1%	1.0%Outside range low pbt growth. 1%; 3-period range 4.2% to 22.6%. PBT growth: 1.0%, below normal range; 3-period mean 12.2%, range 4.2%-22.6%.	4.2%	0.3%	Chart FY24 PBT growth %: Outside range low pbt growth. 1%; 3-period range 4.2% to 22.6%. PBT growth: 1.0%, below normal range; 3-period mean 12.2%, range 4.2%-22.6%. FY26 PBT growth %: Outside range high pbt growth. 22.6%; 3-period range 1% to 9.7%. PBT growth: 22.6%, above normal range; 3-period mean 5.0%, range 1.0%-9.7%.
NPAT	$67.7m	$28.9m	$54.5m	$24.2m	$46.9m	$50.9m	$23m	Chart
NPAT growth %	24.2%Outside range high npat growth. 24.2%; 3-period range -7.9% to 16.2%. NPAT growth: 24.2%, above normal range; 3-period mean 4.9%, range -7.9%-16.2%.	19.4%	16.2%	5.2%	-7.9%Outside range low npat growth. -7.9%; 3-period range 6.5% to 24.2%. NPAT growth: -7.9%, below normal range; 3-period mean 15.6%, range 6.5%-24.2%.	6.5%	-0.9%	Chart FY24 NPAT growth %: Outside range low npat growth. -7.9%; 3-period range 6.5% to 24.2%. NPAT growth: -7.9%, below normal range; 3-period mean 15.6%, range 6.5%-24.2%. FY26 NPAT growth %: Outside range high npat growth. 24.2%; 3-period range -7.9% to 16.2%. NPAT growth: 24.2%, above normal range; 3-period mean 4.9%, range -7.9%-16.2%.
Operating cash flow	$83.6m	$38.8m	$66.5m	$32.2m	$70.8m	$54.1m	$20.2m	Chart
OCF / EBITDA %	78.4%	78.5%	70.1%	74.6%	80.0%Outside range high ocf / ebitda cash conversion. 80%; 3-period range 62.3% to 78.4%. OCF / EBITDA cash conversion: 80.0%, above normal range; 3-period mean 70.3%, range 62.3%-78.4%.	62.3%Outside range low ocf / ebitda cash conversion. 62.3%; 3-period range 70.1% to 80%. OCF / EBITDA cash conversion: 62.3%, below normal range; 3-period mean 76.2%, range 70.1%-80.0%.	49.1%	Chart FY24 OCF / EBITDA %: Outside range high ocf / ebitda cash conversion. 80%; 3-period range 62.3% to 78.4%. OCF / EBITDA cash conversion: 80.0%, above normal range; 3-period mean 70.3%, range 62.3%-78.4%.
FCF pre-lease	$68.5m	$29.9m	$58.2m	$27.9m	$61.9m	$45.9m	$15.9m	Chart
FCF post-lease	—	—	—	$27.9m	—	—	—	—
DPS	20.0c	10.0c	16.5c	9.0c	15.5c	14.0c	8.0c	Chart
Payout ratio vs NPAT %	86.9%	67.8%	91.7%	73.0%	100.3%Outside range high payout ratio versus npat. 100.3%; 3-period range 84.6% to 91.7%. Payout ratio versus NPAT: 100.3%, above normal range; 3-period mean 87.7%, range 84.6%-91.7%.	84.5%Outside range low payout ratio versus npat. 84.6%; 3-period range 86.9% to 100.3%. Payout ratio versus NPAT: 84.6%, below normal range; 3-period mean 93.0%, range 86.9%-100.3%.	68.1%	Chart FY24 Payout ratio vs NPAT %: Outside range high payout ratio versus npat. 100.3%; 3-period range 84.6% to 91.7%. Payout ratio versus NPAT: 100.3%, above normal range; 3-period mean 87.7%, range 84.6%-91.7%.
Annual payout ratio vs EPS %	86.9%	—	91.7%	—	100.3%	84.6%	—	Chart
ROE %	25.8%Outside range high roe. 25.8%; 3-period range 20.4% to 22.7%. ROE: 25.8%, above normal range; 3-period mean 21.9%, range 20.4%-22.7%.	12.0%	22.7%	10.6%	20.4%Outside range low roe. 20.4%; 3-period range 22.6% to 25.8%. ROE: 20.4%, below normal range; 3-period mean 23.7%, range 22.6%-25.8%.	22.6%	11.0%	Chart FY24 ROE %: Outside range low roe. 20.4%; 3-period range 22.6% to 25.8%. ROE: 20.4%, below normal range; 3-period mean 23.7%, range 22.6%-25.8%. FY26 ROE %: Outside range high roe. 25.8%; 3-period range 20.4% to 22.7%. ROE: 25.8%, above normal range; 3-period mean 21.9%, range 20.4%-22.7%.
Net debt	$2m	$17.5m	$12.4m	$20.4m	$15.4m	$26.8m	$39m	Chart
Net debt / EBITDA	0.02xOutside range low net debt / ebitda. 0.02x; 3-period range 0.13x to 0.31x. Net debt / EBITDA: 0.02x, below normal range; 3-period mean 0.20x, range 0.13x-0.31x.	0.35x	0.13x	0.47x	0.17x	0.31xOutside range high net debt / ebitda. 0.31x; 3-period range 0.02x to 0.17x. Net debt / EBITDA: 0.31x, above normal range; 3-period mean 0.11x, range 0.02x-0.17x.	0.95x	Chart FY26 Net debt / EBITDA: Outside range low net debt / ebitda. 0.02x; 3-period range 0.13x to 0.31x. Net debt / EBITDA: 0.02x, below normal range; 3-period mean 0.20x, range 0.13x-0.31x.
Debtor days	59Outside range high debtor days. 59d; 3-period range 54d to 57d. Debtor days: 59.3 days, above normal range; 3-period mean 55.4 days, range 53.9 days-56.6 days.	50	56	56	57	54Outside range low debtor days. 54d; 3-period range 56d to 59d. Debtor days: 53.9 days, below normal range; 3-period mean 57.2 days, range 55.7 days-59.3 days.	54	Chart FY26 Debtor days: Outside range high debtor days. 59d; 3-period range 54d to 57d. Debtor days: 59.3 days, above normal range; 3-period mean 55.4 days, range 53.9 days-56.6 days.
Inventory days	76	82	80	94	79	82	89	Chart
Total assets	$373.2m	$360.6m	$349.3m	$346.1m	$335.1m	$343m	$339.6m	Chart

Reference: annolyse.ai/companies/skl

Note: Figures are shown as reported. Half-year and full-year absolute values are not directly comparable. Growth rates and ratios are the meaningful comparison across mixed periods.

Filing-only history charts

These charts use verified published filing periods only. Gaps are not interpolated, and mixed half-year/full-year histories are split into separate series.

Revenue

Reported revenue across covered periods.

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Revenue growth

Like-period revenue growth where comparable.

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EBITDA-equivalent

Company-specific earnings measure where disclosed.

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EBITDA margin

EBITDA-equivalent margin where revenue and earnings are source-backed.

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NPAT

Statutory profit after tax.

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Operating cash flow

Cash generated from operations.

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More financial metrics

Additional filing-backed metrics for this company. Each point links to the relevant published briefing.

OCF / EBITDA

Cash conversion against earnings.

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FCF pre-lease

Operating cash flow less capex before leases.

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FCF post-lease

Free cash flow after lease payments where available.

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ROE

Return on equity.

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Net debt

Borrowings less cash; negative values indicate net cash.

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Net debt / EBITDA

Leverage ratio, suppressed where earnings are not meaningful.

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DPS

Dividend per share declared for the period.

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Payout ratio

Dividend payout against statutory NPAT.

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Debtor days

Receivables days where the working-capital inputs are source-backed.

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Inventory days

Inventory days where the working-capital inputs are source-backed.

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Operating working-capital movement

Per-period working-capital absorption or release, from the same published history. Positive values are working-capital build; negative values are release.

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The setup & the reality

HY26 → FY26 Follow-through

The latest result is checked against what the prior briefing said to watch.

Historical setup

What HY26 said to watch

Previous analysisHY26Result released12 February 2026Annolyse analysis published21 April 2026

From NPAT +19.4% on Agri-led growth, FY26 NPAT guidance lifted to $57-62m

The supplied second-half shape data shows HY25 represented 44.3% of FY25 NPAT and 46.8% of FY25 revenue, so the business is structurally second-half weighted. To reach the new guidance midpoint of $59.5m, Skellerup needs roughly $30.6m of second-half NPAT, only marginally above the implied $30.4m delivered in 2H25. The top of the range ($62m) would require a $33.1m second half — achievable but not undemanding.

This matters because the guidance lift rests on Agri momentum continuing and Industrial holding margin while capex steps up. The release does not disclose forward-work or order-book metrics, so visibility into the second-half pipeline is limited from this filing alone.

Open questions

Open questions from HY26

What drove the 12.6-day reduction in inventory days, and how much of that release should be treated as one-off normalisation versus a sustainable working-capital floor?
Why did capex nearly double, and what is the full-year FY26 capex envelope and ROIC expectation on that spend?
How sustainable is the Agri international rubberware growth rate given the underlying global dairy cycle?
Will the FY26 effective tax rate hold near the 25.9% achieved this half, or revert toward the 27.0% prior-year level?
What second-half order-book or forward-work indicators support the Industrial Division's contribution to the lifted guidance range?

This briefing cannot assess segment-level earnings durability beyond disclosed half-year segment results, nor underlying end-market demand signals not contained in the release.

Latest result sources

Primary issuer documents used for the FY26 briefing. Document labels are preserved from the publication record; Annolyse does not relabel every financial report as an annual report.

Current period

FY26 Annual Report

FY26 / financial report

FY26 Media Release

FY26 / media release

FY26 Results Announcement

FY26 / results announcement

FY26 Results Presentation

FY26 / results presentation

Prior comparable period

FY25 Annual Report

FY25 / financial report

FY25 Media Release

FY25 / media release

FY25 Results Announcement

FY25 / results announcement

FY25 Results Presentation

FY25 / results presentation

Interim context

Interim Report HY26

HY26 / financial report

Media Release HY26

HY26 / media release

Results Announcement HY26

HY26 / results announcement

Results Presentation HY26

HY26 / results presentation

Release context

FY25 Results Presentation Webinar

FY25 / commentary

FY26 Results Presentation Webinar

FY26 / commentary

FY25 ASM Presentation

HY26 / commentary

Peer context

Other covered Industrials companies

These companies share a broad sector but may not be direct peers. Compare them only where the underlying measures are genuinely comparable.

SCT · HY26

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10 published result briefings

RTO · FY26

Blackwell Global Holdings

9 published result briefings

AOF · HY26

AoFrio

7 published result briefings

Compare SKL, SCT, RTO, AOF →Industrials result archive

Briefing archive

The full chronological archive contains every published result briefing.

FY26 · Released 20 August 2026

Skellerup records tenth normalised EBIT increase as insurance gain lifts headline

Normalised EBIT rose 14% and normalised NPAT 18%, while a NZ$4.8m pre-tax insurance gain lifted reported EBIT and NPAT.

Read briefing

HY26 · Released 12 February 2026

NPAT +19.4% on Agri-led growth, FY26 NPAT guidance lifted to $57-62m

Operating leverage and a working-capital release drove record cash flow even as capex nearly doubled and Agri carried the mix shift.

Read briefing

FY25 · Released 21 August 2025

Cash conversion fell to 70.1% as working capital absorbed $9.0m

Revenue grew 6.9% and PBT 9.7%, but a lower effective tax rate flattered NPAT to +16.2% while inventory build pulled operating cash flow lower.

Read briefing

HY25 · Released 13 February 2025

Record $24.2m NPAT and 115.4% FCF conversion cut net debt to $20.4m

Earnings expanded on essentially flat revenue, but inventory days rose to 94.5 as working capital absorbed $6.9m of cash.

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FY24 · Released 15 August 2024

PBT rose 1.0% but a higher tax rate drove NPAT down 7.9%

Underlying profitability held broadly steady while a higher effective tax rate and a swing to net debt reshaped the headline result.

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FY23 · Released 17 August 2023

PBT grew 4.2% as cash flow jumped 25% on debtor release

NPAT up 6.5% benefited from a lower effective tax rate, while working-capital release rather than margin expansion drove the cash flow improvement.

Read briefing

Open all 7 result briefings

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Skellerup Holdings (SKL)

Latest metrics

Valuation

Price and market cap

Profitability multiples

Income and investment-company measures

Price history

Share price

P/E over time

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Performance over time

Filing-only history charts

Revenue

Revenue growth

EBITDA-equivalent

EBITDA margin

NPAT

Operating cash flow

More financial metrics

OCF / EBITDA

FCF pre-lease

FCF post-lease

ROE

Net debt

Net debt / EBITDA

DPS

Payout ratio

Debtor days

Inventory days

Operating working-capital movement

HY26 → FY26 Follow-through

What HY26 said to watch

Open questions from HY26

Latest result sources

Current period

Prior comparable period

Interim context

Release context

Other covered Industrials companies

Scott Technology

Blackwell Global Holdings

AoFrio

Briefing archive

Skellerup records tenth normalised EBIT increase as insurance gain lifts headline

NPAT +19.4% on Agri-led growth, FY26 NPAT guidance lifted to $57-62m

Cash conversion fell to 70.1% as working capital absorbed $9.0m

Record $24.2m NPAT and 115.4% FCF conversion cut net debt to $20.4m

PBT rose 1.0% but a higher tax rate drove NPAT down 7.9%

PBT grew 4.2% as cash flow jumped 25% on debtor release

Compare this company

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