FY25 · Released 27 November 2025
Tower FY25 PBT up 14.7% but profit was first-half-weighted
Record reported NPAT of NZ$83.7m rests on low large-event costs and a softer H2, with cash conversion quietly easing.
Read briefing
TWR · NZX
Tower
InsuranceCovered: FY251 published briefing
Tower is an NZX-listed insurance company covered by Annolyse across FY25. This page brings together the latest briefing, the current metrics snapshot, and the published history to date in one place.
Table of Contents
Snapshot
Latest metrics
FY25, released 27 November 2025
| Metric | Value |
|---|---|
| Revenue | $594.3m |
| NPAT | $83.7m |
| Operating cash flow | $143.8m |
| ROE % | 23.9% |
| DPS | 16.5c |
| Payout ratio vs NPAT % | 70.8% |
| PBT | $117.7m |
| FCF pre-lease | $142.6m |
| Total assets | $612.9m |
Longitudinal view
Performance over time
Current-period values from each published briefing, with the most recent reporting period shown first.
← Swipe to view more
| Metric | FY2512 MONTHS27 November 2025 |
|---|---|
| Revenue | $594.3m |
| Revenue growth % | 6.9% |
| PBT | $117.7m |
| PBT growth % | 14.7% |
| NPAT | $83.7m |
| NPAT growth % | 12.6% |
| Operating cash flow | $143.8m |
| FCF pre-lease | $142.6m |
| DPS | 16.5c |
| Payout ratio vs NPAT % | 70.8% |
| ROE % | 23.9% |
| Total assets | $612.9m |
Source: annolyse.ai/companies/twr
Accountability
What changed versus the prior briefing
Read the prior briefing's expectations and unresolved questions alongside the subsequent result, without forcing long-form editorial text into narrow cards.
Expectations tracker
Once a second briefing exists for this company, this section will compare the previous briefing's expectations and unresolved issues with what actually happened in the next result.
Archive
Briefing archive
Every published Annolyse briefing for this company appears here in reverse chronological order.
Subscribe
Want the next Tower briefing delivered to your inbox?
Subscribe to get future Annolyse briefings as soon as they are published.