What is Whitehaven Coal (WHC)'s P/E ratio?

Whitehaven Coal (WHC) trades at a P/E of 9.9x (price to trailing 12-month earnings).

What is Whitehaven Coal (WHC)'s EV/EBITDA?

Whitehaven Coal (WHC) trades at 4.4x EV/EBITDA.

What is Whitehaven Coal (WHC)'s P/B ratio?

Whitehaven Coal (WHC) trades at a P/B of 1.1x.

What is Whitehaven Coal (WHC)'s dividend yield?

Whitehaven Coal (WHC)'s trailing 12-month dividend yield is 1.3%.

What is Whitehaven Coal (WHC)'s return on equity (ROE)?

Whitehaven Coal (WHC)'s ROE is 2.4%.

What is Whitehaven Coal (WHC)'s market capitalization?

Whitehaven Coal (WHC)'s market cap is 6.1 bn AUD.

Whitehaven Coal (WHC) Stock — Financials, Valuation & Dividends

Price chart

7.68 AUDDay 2.54%

Key metrics

Market

Price

7.68 AUD · 2.54%

Market cap

6.1 bn AUD

Growth

Δ revenue y/y

-27.7%

Δ EBITDA y/y

-55.9%

Multiples

P/E (LTM)

9.9x

3y avg: 9.1x

P/B (FY)

1.1x

P/E (ann.)

44.5x

EV/EBITDA (LTM)

4.4x

3y avg: 2.6x

EV/EBITDA (ann.)

9.1x

Cash return

Dividend yield

1.3%

FCF yield (LTM)

4.4%

Value creation

to target market cap (spot commodity model)

Upside (potential)

-48.1%

↓ details

Liquidity

Daily turnover (listing)

27.8 mln AUD

Shares: yahoo_fundamentals_timeseries/WHC.AX

Amounts: USD (converted) · As reported
Converted modes use NBK / ECB-linked rates: balance sheet date for BS items, period average for P&L and cash flow (see filing row evidence). As reported keeps each row in its filing currency.

Financial results

Monetary columns are in M AUD, one decimal; scale (K/M/B/T) keeps values readable. For the period (default) shows P&L and cash flow for that row’s reporting window: quarterly amounts when the feed uses quarter-duration facts (typical US 10-Q revenue and income), quarterly cash flows after stripping YTD where only cumulative tags exist, and an implied Q4 on 31 Dec FY rows (P&L: FY minus Q1–Q3; operating / investing cash flow: FY 12m minus 9M YTD to 30 Sep when sourced from SEC builder evidence) so they match 10-Q scale. Some issuers still use cumulative YTD minus the prior row in the same calendar year. As reported shows values stored on each row (e.g. full-year on FY). Balance sheet is always as reported. Source JSON may use millions etc.; conversion uses amounts_unit per row.

Date	Period	Status	RevenueM AUD	Operating profitM AUD	D&AM AUD	EBITDAM AUD	Net profitM AUD	Operating CFM AUD	Capex + M&AM AUD	AssetsM AUD	EquityM AUD	ROE (annualized)	Net debtM AUD	Source
2025-12-31	H1 2026 (6M)	OK	2477.0 y/y -27.7% y/y -27.7%	37.0 y/y -93.0% y/y -93.0%	336.0 y/y 7.3% y/y 7.3%	373.0 y/y -55.9% y/y -55.9%	69.0 y/y -31.0% y/y -31.0%	291.0	-160.0	11520.0 y/y -12.9%	5690.0 y/y 9.1%	2.4%	618.0	Link
2025-06-30	H2 2025 (6M)	OK	2404.0 y/y 52.5% y/y 7.6%	874.0 y/y 2.2% y/y -1.1%	294.0 y/y 90.3% y/y 58.1%	1168.0 y/y 18.8% y/y 9.2%	549.0 y/y 82.8% y/y 466.0%	250.0	-182.0	11826.0 y/y -8.0%	5701.0 y/y 8.2%	11.9%	540.0	—
2024-12-31	H1 2025 (6M)	OK	3428.0 y/y 115.7% y/y 115.7%	532.0 y/y 8.1% y/y 8.1%	313.0 y/y 135.3% y/y 135.3%	845.0 y/y 35.2% y/y 35.2%	100.0 y/y -61.2% y/y -61.2%	880.0	-211.0	13232.0 y/y 99.9%	5216.0 y/y 0.1%	3.8%	889.0	Link
2024-06-30	H2 2024 (6M)	OK	2235.0 y/y -36.9% y/y —	884.0 y/y -67.0% y/y —	186.0 y/y 41.2% y/y —	1070.0 y/y -61.4% y/y —	97.0 y/y -86.7% y/y —	684.0	-283.0	12852.0 y/y 71.1%	5271.0 y/y 0.3%	6.8%	1223.0	—
2023-12-31	H1 2024 (6M)	OK	1589.0 y/y — y/y —	492.0 y/y — y/y —	133.0 y/y — y/y —	625.0 y/y — y/y —	258.0 y/y — y/y —	-357.0	-171.0	6620.6 y/y —	5210.9 y/y —	9.9%	-1573.5	Link
2023-06-30	FY 2023 (12M)	OK	6064.7 y/y — y/y —	4167.7 y/y — y/y —	226.0 y/y — y/y —	4393.7 y/y — y/y —	2668.1 y/y — y/y —	3583.6	-257.8	7510.9 y/y —	5256.7 y/y —	—	-2739.5	—

Revenue & EBITDA

RevenueEBITDA

Quarterly values (AUD mln)

Year-over-year change

Cash flow

FCF (AUD mln)

Net debt / cash (AUD mln)

Profit and cash

Profit is cash-backed

In a typical year of 2022–2025 operating cash flow came to 1.32x of reported net profit; after capex, 1.18x.

year	2022	2023	2024	2025
cash flow / profit	1.30x	1.34x	0.92x	1.74x
accruals, % of assets	-9.4%	-12.2%	0.2%	-4.1%

Last twelve months (to 2025-12-31): 0.88x of profit came back as operating cash flow.

net debt / EBITDA 0.2x · capex 0.9x of depreciation

Read from the reported annual statements: cash flow / profit is the median of the yearly operating cash flow over net profit for the years shown; accruals are (profit − operating cash flow) / assets, the classic gap between what was booked and what was collected. A gap can be growth in working capital, capitalised costs, revaluations or profit from associates — the panel points at it, the statements explain it. Not investment advice.

Key-commodity price — Coking coal AU

Current 223spot vs LTM +8%

Commodity-player potential

Target market cap from conservative EBITDA and the historical EV/EBITDA

Upside: -48.1%

Main driver: Coking coal AU +16% vs LTM; revenue ×1.08 vs costs ×1.04; EBITDA 1 647→1 910; at 2.0× EV/EBITDA → -48%.

Product prices — moves vs the LTM average

Commodity	Share	Spot	LTM	3-yr	vs LTM, $	vs LTM, AUD	3y vs LTM
Coking coal AU (rev)	+55%	223.00	191.62	239.51	+16%	+7%	+25%
Steam coal AU (rev)	+35%	132.60	108.64	130.08	+22%	+12%	+20%

How it is calculated — revenue → costs → EBITDA → target market cap

1 · Reported baseline (LTM)
LTM revenue	4 881
LTM EBITDA	1 647
LTM cash costs (revenue − EBITDA)	3 234
2 · Revenue projection
Revenue multiplier — spot	×1.080 (+8%)
= Spot revenue	5 274
Revenue multiplier — 3y price	×1.117 (+12%)
= 3-year-price revenue	5 450
3 · Costs projection
Cost multiplier — spot	×1.040 (+4%)
= Spot cash costs	3 363
Cost multiplier — 3y price	×1.040 (+4%)
= 3-year-price cash costs	3 363
4 · EBITDA projection (revenue − costs)
= Spot EBITDA	1 910
= 3-year-price EBITDA	2 086
Conservative EBITDA = min(spot, avg)	1 910
5 · Valuation → target market cap
Historical EV/EBITDA (75th pct)	2.0x
Target EV = EV/EBITDA × conservative EBITDA	3 821
Net debt	618
Target market cap = EV − net debt	3 203
Current market cap	6 175

Upside = target market cap ÷ current − 1 = -48.1%

Spot model vs reported — what the spot model projected (trailing-LTM base brought to the period × the period's commodity-price move) against the actual report, per reported period (quarter, half-year or full year — per the filer's calendar); amounts in USD mln. green = reported above projection, pink = below.

Period	Act. rev	Model rev	Δ rev	Act. EBITDA	Model EBITDA	Δ EBITDA
2023 FY	6 065	4 698	+29.1%	4 060	2 756	+47.3%
2024 FY	3 824	5 010	-23.7%	1 695	2 925	-42.1%
2025 FY	5 832	2 991	+95.0%	2 119	777	+172.7%

Revenue growth & acceleration

Growth accelerating ▲

Last-year revenue growth +53% vs -37% the year before — a +89.5 pp move. 3-year CAGR +6%.

revenue growth by year: 2023 +23% · 2024 -37% · 2025 +53%

The growth-acceleration signal behind the GARP+acceleration strategy — it favours companies whose revenue growth is speeding up and flags those slowing down (the second derivative of growth).

EV/EBITDA — LTM vs projected

Projected EV/EBITDA 3.4x · target 75th pct (3y) 3.7x · LTM avg 4.0x

EV/EBITDA (LTM)EV/EBITDA (projected)target 75th pct (projected, 3y)

Dividends

Paid (completed)

Date	Per share	Details	Status	Source
2026-02-25	0.04 AUD	Ex-dividend: 0.04 AUD per share	Paid	Yahoo Finance (ex-div)
2025-09-03	0.06 AUD	Ex-dividend: 0.06 AUD per share	Paid	Yahoo Finance (ex-div)
2025-02-26	0.09 AUD	Ex-dividend: 0.09 AUD per share	Paid	Yahoo Finance (ex-div)
2024-09-04	0.13 AUD	Ex-dividend: 0.13 AUD per share	Paid	Yahoo Finance (ex-div)
2024-02-21	0.07 AUD	Ex-dividend: 0.07 AUD per share	Paid	Yahoo Finance (ex-div)
2023-08-31	0.42 AUD	Ex-dividend: 0.42 AUD per share	Paid	Yahoo Finance (ex-div)
2023-02-22	0.32 AUD	Ex-dividend: 0.32 AUD per share	Paid	Yahoo Finance (ex-div)
2022-09-01	0.4 AUD	Ex-dividend: 0.4 AUD per share	Paid	Yahoo Finance (ex-div)
2022-02-23	0.08 AUD	Ex-dividend: 0.08 AUD per share	Paid	Yahoo Finance (ex-div)

KASE: status follows wording in the news headline (paid vs intends to pay). Yahoo: amounts are cash dividends per share on ex-dividend dates (UTC calendar date). stockscope.uz (UZ): amounts are per share in UZS by publication date (not necessarily ex-div).

Reporting forms detected in loaded periods: ✓ ✓ ✓ (Balance sheet / Profit or loss (P&L) / Cash flows)

Financial results, valuation multiples (P/E, P/B, EV/EBITDA), profitability and dividend yield of Whitehaven Coal (WHC) — from primary filings.

Whitehaven Coal develops and operates open-cut and underground coal mines in New South Wales, Australia, producing both metallurgical and thermal coal for export to international markets.

Whitehaven Coal (WHC) AUD