Highlights
- CSL revenue grows at 12.8% CAGR over three years
- Profit reaches $2.64 billion in FY24
- Debt/equity ratio remains balanced at 62.8%
Shares of biotechnology heavyweight CSL (ASX:CSL) have seen a decline of 10.69% since the start of 2025, sparking renewed interest from investors looking into quality ASX200 healthcare stocks. Despite recent price movements, the underlying fundamentals of the company remain notable and are worth a closer look.
CSL operates through three main divisions: CSL Behring, CSL Seqirus, and CSL Vifor. Behring focuses on blood plasma therapies, Seqirus manufactures flu vaccines and engages in pandemic-related services, while Vifor provides treatments for iron deficiency and renal conditions. This diversified model gives CSL a strong footing across essential healthcare areas.
Revenue has consistently grown at an impressive pace. CSL reported $14.8 billion in revenue for the last financial year, with a three-year compound annual growth rate (CAGR) of 12.8%. This level of sustained growth underpins its long-standing appeal as a dependable player among ASX dividend stocks.
Profitability metrics also paint a robust picture. The company reported a gross margin of 52.1%, reflecting strong performance from its core products and services. Its net profit climbed to $2.64 billion in FY24, up from $2.38 billion three years ago—an increase at a CAGR of 3.6%.
When it comes to financial strength, CSL maintains a balanced position. The net debt currently stands at $10.5 billion, and its debt-to-equity ratio is 62.8%. While this reflects a moderate level of leverage, it also indicates prudent capital management. Importantly, the return on equity (ROE) of 14.6% suggests that CSL is deploying its shareholders' capital efficiently to generate meaningful returns.
As a recognised leader in the biotechnology space, CSL continues to appeal to investors looking for stable, long-term growth potential within the ASX200. Its inclusion among ASX dividend stocks is also supported by its consistent dividend track record and strong financial fundamentals.
Given the company’s historical performance, diversified business segments, and resilient financial profile, CSL (CSL) remains a significant name in Australia’s healthcare and biotechnology landscape.