Downer Group (DOW) Stock Price, Fundamentals & Analysis

What DOW does

Downer Group (DOW) is a stock listed on the ASX and operates as an integrated facilities management services provider in Australia, New Zealand, and internationally. It works across three segments: Transport, Energy & Utilities, and Facilities. The Transport segment covers road network management, routine road maintenance, asset management systems, spray sealing, asphalt laying, landfill diversion solutions, rollingstock to infrastructure services, and building and construction solutions such as signalling, track and station works, bridges, airports, and roads. It also manufactures and supplies bitumen-based and asphalt products and designs and manufactures life-support services comprising fleet maintenance, operations, and comprehensive overhaul of assets. The Energy & Utilities segment operates power, gas, water, telecommunications, industrial, resources, and energy businesses, which includes planning, designing, constructing, operating, maintaining, managing, and decommissioning of power, gas network assets, and mineral process equipment; and designs and manufactures mineral process equipment.

Key numbers explained

• 6.71 AUD is the current share price, the amount you would pay for one share of Downer Group on the ASX.
• The +0.75% price change today shows the percentage move in the share price so far on the trading day.
• A trailing P/E ratio of 20.3 means the share price is about 20.3 times the company's earnings per share over the last 12 months; a higher number can suggest the market expects strong future growth, while a lower number can suggest the opposite.
• The forward P/E ratio of 13 uses expected future earnings, which can make the stock look cheaper if those earnings estimates hold up.
• Dividend yield of 4.35% is the dividend yield, meaning the annual dividend payment represents about 4.35% of the current share price; it is a way to measure income return for shareholders.
• Ex-dividend date is Sep 2, 2026; if you own the stock before this date, you are eligible for the next dividend payment.
• 83% of earnings paid out as dividends shows that the company returns a large share of its profit to shareholders, which can be attractive for income-focused investors.
• Beta of 1.05 indicates the stock's price moves roughly in line with the overall market, with slightly more volatility than the market average.
• The 52-week range of 6.25 – 8.66 shows the lowest and highest share prices over the past year, helping you see the recent price spread.
• Revenue, trailing 12 months: 9.7 mld. AUD, with a year-over-year growth of -7.7%, meaning total sales have declined compared with the same period a year earlier.
• Profit margin of 2.2% and operating margin of 5.3% show how much of each revenue dollar remains as profit after costs; these are relatively thin margins typical of capital-intensive engineering and construction work.
• Return on equity of 10.3% measures how effectively the company generates profit from shareholders' equity.
• Debt-to-equity ratio of 66% indicates the company uses a mix of debt and equity financing, with debt at about two-thirds of equity.
• Price-to-book of 2.25 means the market values the company at about 2.25 times its book value.
• Next earnings date: Aug 20, 2026, the scheduled release of the company's latest financial results.

What to watch

• Downer Group operates in the Industrials sector, specifically Engineering & Construction, where demand is often tied to government infrastructure spending and private construction cycles.
• As a large-cap stock with a 4.38 mld. AUD market capitalisation, it is part of the broader Australian equity market and can be influenced by interest rate moves and currency fluctuations.
• The -7.7% revenue growth and -9.1% price change over the last 52 weeks highlight the importance of tracking contract wins, project starts, and macroeconomic conditions in Australia and New Zealand.
• Dividend sustainability depends on earnings and cash flow; the 83% payout ratio is high, so any significant drop in earnings could pressure future dividends.
• Investors often compare Downer Group with peers such as NRW Holdings (NWH), Monadelphous Group (MND), and Reece Group (REH) to gauge relative valuation and sector trends.
• The next earnings date on Aug 20, 2026, is a key event that can move the share price, especially if results differ from expectations.