AUS
NZ
UK
CA
USA
IND
Highlights
- Macquarie reports $3.7 billion FY25 profit
- Asset management performance rises 33%
- Dividend payout climbs to $6.50 per share
Macquarie Group Ltd (ASX:MQG), a key player within the ASX200, has released its FY25 financial results, highlighting steady growth despite ongoing global market uncertainty. The global financial services giant posted a net profit after tax (NPAT) of $3.7 billion for the 12 months ended 31 March 2025, representing a 5% increase from the previous year.
The company’s final dividend was declared at $3.90 per share, up 1.3% year on year, bringing the full-year payout to $6.50 per share—a 1.6% rise. This places Macquarie among notable performers in the space of ASX dividend stocks with a dividend payout ratio of 67%.
Macquarie’s business model spans four major divisions: Macquarie Asset Management (MAM), Banking and Financial Services (BFS), Commodities and Global Markets (CGM), and Macquarie Capital. Each unit displayed varied results throughout the year.
MAM achieved a standout performance, generating $1.2 billion in profit—up 33% year on year. This was fueled by stronger performance fees and gains from the sale of Macquarie Rotorcraft, a helicopter leasing business. Assets under management (AUM) remained flat year over year at $941 billion but saw a 3% uptick from the first half of FY25.
The BFS segment reported a net profit of $1.38 billion, an 11% increase. The growth was attributed to stronger lending and deposit activity, alongside operational efficiencies due to a reduced average headcount. However, the segment faced headwinds from a narrowing profit margin and increased loan impairment charges.
On the other hand, the CGM division experienced a 12% dip in profit. The decline was largely driven by softer performance in commodities risk management as client hedging activity waned due to subdued market conditions. This was partially offset by gains in financial market operations.
Macquarie Capital closed the year with a stable $1.04 billion in profit. Improved advisory and brokerage income and better returns from the private credit portfolio were balanced out by weaker investment-related earnings.
Additionally, the company repurchased $1 billion worth of shares throughout the year at an average price of $189.80, aligning with its ongoing capital management initiatives.
Macquarie’s performance places it among notable constituents of the ASX300 index, reflecting resilience in navigating shifting economic tides and a diverse earnings profile across global markets.
