Amotiv Limited (ASX:AOV): FY26 Dividends and Automotive Earnings Performance

Aditi Sarkar

14 October 2026 03:50 PM AEDT

Amotiv Limited (ASX:AOV): FY26 Dividends and Automotive Earnings Performance

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Highlights

Amotiv reported FY26 revenue of $1,023.9 million, an increase of 2.7%.
Underlying EBITA reached $195.1 million, meeting the company’s FY26 guidance.
FY26 statutory net profit after tax was $75.1 million.
The FY26 interim and final dividends totalled 43.0 cents per share, both fully franked.
Cash conversion of 93.1% accompanied a reduction in leverage to 1.85 times.

Amotiv Limited (ASX:AOV) owns automotive aftermarket and accessories businesses providing vehicle parts, lighting, power management and trailering products. Its FY26 results, released in August 2026, combine higher revenue and a return to statutory profitability with increased shareholder distributions. Changes in product demand, operating costs and debt levels remain relevant to understanding the group’s cash generation.

FY26 Revenue and Operating Earnings

For the year ended 30 June 2026, Amotiv Limited (ASX:AOV) reported revenue of $1,023.9 million, representing growth of 2.7%. The company attributed the increase primarily to higher filtration volumes in its Powertrain and Undercar operations, gains in four-wheel-drive products, geographic diversification and pricing. These factors supported trading across its automotive portfolio despite subdued conditions in parts of the Australian and New Zealand markets.

Underlying earnings before interest, tax and amortisation (EBITA) reached $195.1 million, in line with the company’s guidance. Amotiv Limited (ASX:AOV) identified contributions from offshore Lighting, Power and Electrical revenue, Powertrain and Undercar growth in Australia and New Zealand, and its Amotiv Unified program. Lower margins in the four-wheel-drive business, partly linked to pricing timing, offset some of those contributions. Group gross margin was 42.8%, a reduction of one percentage point.

Dividends and Cash Generation

Amotiv Limited (ASX:AOV) paid a 20.0-cent-per-share FY26 interim dividend in March 2026 and a 23.0-cent-per-share FY26 final dividend on 15 September 2026. Both payments were fully franked, bringing the dividends relating to FY26 to 43.0 cents per share. The group’s dividend information distinguishes cash distributions from the tax credits attached to franked payments.

The company reported cash conversion of 93.1% for FY26 and leverage of 1.85 times. It also reported total cash returned to shareholders of $74.8 million during the financial year, which included capital management activity. Amotiv Limited (ASX:AOV) completed a share buyback during FY26, while its cash generation and balance-sheet management contributed to lower leverage. Dividend amounts and future payment decisions remain dependent on company declarations.

Profitability, Portfolio and Operational Factors

Statutory net profit after tax reached $75.1 million for FY26. This differed from underlying EBITA because statutory profit includes items such as financing costs, tax and other accounting adjustments. The group also reported a return on capital employed of 13.4%, an improvement of 0.3 percentage points, citing earnings growth and balance-sheet management.

Amotiv Limited (ASX:AOV) operates through its 4WD Accessories and Trailering; Lighting, Power and Electrical; and Powertrain and Undercar divisions. Its 2026 strategy includes product development, geographic expansion and operating integration through the Amotiv Unified program. Trading conditions for discretionary accessories, procurement costs, currency movements and evolving vehicle technology remain operational considerations.

Key Insights

The FY26 results show how Amotiv’s mix of aftermarket products, offshore activity and operational initiatives contributed to revenue and earnings, while cash conversion supported dividends and lower leverage. The announced interim and final dividends provide a defined record of FY26 distributions rather than an indication of future payments. The company has identified pricing, geographic expansion and its unified operating program as relevant elements of its FY27 outlook, alongside subdued Australian and New Zealand conditions.

FAQs

Q: What does Amotiv Limited do?

A:It operates automotive aftermarket and accessories businesses across three divisions covering four-wheel-drive products, electrical systems and powertrain components.

Q: What revenue did Amotiv report for FY26?

A:Revenue was $1,023.9 million, representing growth of 2.7%.

Q: How much were the FY26 dividends?

A:The FY26 interim dividend was 20.0 cents per share and the final dividend was 23.0 cents per share; both were fully franked.

Q: What was Amotiv’s FY26 underlying EBITA?

A:The company reported underlying EBITA of $195.1 million, in line with its guidance.

Q: What operational factors remain relevant?

A:Product mix, demand for vehicle accessories, pricing, sourcing costs, currency movements and integration activity can affect operating outcomes.

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