
Medibank Private
Medibank Private (ASX: MPL) is an Australian health company whose core business is underwriting and distributing private health insurance, complemented by health services and adjacent insurance offerings (including pet and travel insurance). It is one of Australia’s largest private health insurers, with scale in policyholder membership, brand recognition, and a broad distribution footprint across direct and partner channels. The group’s value proposition centres on integrated health management, preventative health programs and digital servicing aimed at improving member outcomes while managing claims costs.
Short position
Medibank Private (ASX:MPL) has 3.73% of its shares on issue reported as short positions as of 5 Oct 2026, or about 102,719,790 shares. Over the past 30 days that figure has risen 0.56 percentage points, and over 90 days it has risen 0.43 percentage points. Its highest recorded short interest was 3.93% in June 2026. MPL is classified in the Insurance industry. All figures come from official ASIC short position reports, published with a four trading-day (T+4) delay.
Price & short interest
Toggle series, zoom, and compare · ASIC daily, T+4Medibank Private (MPL) financials
Results, ratios and statements
Latest result
Year to 30 Jun 2026 (FY26) vs FY25, figures in AUD, the reporting currency
- Revenue
- $9.34Bvs $8.55B (FY25)
- Yahoo Finance, as at 29 Sep 2026
- NPAT
- $638.7Mvs $500.8M (FY25)
- Yahoo Finance, as at 29 Sep 2026
- EPS (diluted)
- $0.23vs $0.18 (FY25)
- Yahoo Finance, as at 29 Sep 2026
- Rev YoY
- +9.3%FY
- EPS YoY
- +27.5%FY
Summary of Annual Report 2026, 16 Sep 2026
Medibank reported a strong FY26 result with Group underlying net profit after tax of $636.8 million. The Board declared a fully franked final ordinary dividend of 10.9 cents per share, bringing the total FY26 dividend to 19.2 cents per share, up 6.7% on FY25. Group operating profit rose 6.7% to $813.5 million, driven by solid resident health insurance growth and disciplined cost management.
Automated summary of the filing; the filing itself is the record.
Key ratios
Year to 30 Jun 2026 (FY); balance sheet at 30 Jun 2026; prices to 9 Oct 2026
- Gross margin
- n/m
- Operating margin
- n/m
- Net margin
- 6.8%
- FCF margin
- n/m
- ROE
- 26.8%
- ROA
- 13.5%
- FCF conversion
- n/m
- Net debt (excl. leases)
- n/m
- Net debt / EBITDA
- n/m
- Current ratio
- n/m
- Interest cover
- n/m
- Cash dividends paid / net profit
- 80.9%
- Market cap
- $12.78B
- P/E
- 20.0×
- P/B
- 5.3×
n/m: not meaningful for banks, insurers and other financials.
Ratios use the reporting currency (AUD); market cap is in AUD. Source: Yahoo Finance, as at 29 Sep 2026.
Financial statements
Figures in AUD, the reporting currency; Yahoo Finance unless marked
| Line item | FY26 | FY25 | FY24 | FY23 |
|---|---|---|---|---|
| Revenue | $9.34B | $8.55B | $8.02B | $7.50B |
| EBIT | $931.4M | $739.8M | $717.1M | $728.9M |
| Interest expense | $3.5M | $11.0M | $5.4M | $1.8M |
| Pretax income | $927.9M | $728.8M | $711.7M | $727.1M |
| Tax | $281.6M | $219.5M | $215.3M | $216.0M |
| NPAT | $638.7M | $500.8M | $492.5M | $511.1M |
| Net interest income | −$3.5M | −$11.0M | −$5.4M | −$1.8M |
| EPS basic | $0.23 | $0.18 | $0.18 | $0.19 |
| EPS diluted | $0.23 | $0.18 | $0.18 | $0.19 |
| Shares | 2.75B | 2.75B | 2.75B | 2.75B |
Financial reports
The company's own filings, newest first
- Annual Report 2026Annual Report16 Sep 2026via asx_announcements
- FY26 Appendix 4E, Financial Report and Sustainability ReportAnnual Results20 Aug 2026via asx_announcements
- HY26 Results - Appendix 4D and Financial ReportHalf Year Results19 Feb 2026via asx_announcements
- DownloadFinancial Report31 Dec 2025via crawler
- DownloadFinancial Report31 Dec 2025via crawler
- FY26 Half Year - Key DatesHalf Year Results12 Dec 2025via asx_announcements
- Annual Report 2025Annual Report19 Sep 2025via asx_announcements
- FY25 Results - Appendix 4E and Financial ReportAnnual Results28 Aug 2025via asx_announcements
- HY25 Results - Appendix 4D and Financial ReportHalf Year Results27 Feb 2025via asx_announcements
- Sustainability Report 2024 (PDF)Financial Report31 Dec 2024via crawler
Showing 10 of 21 reports