Aurizon opens AUD 60.0 million terminal: RBC keeps Hold on Aurizon stock

Published on 10/02/2026 at 04:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue hit AUD 4.194 billion in fiscal 2026, up 6.00 percent year over year. RBC keeps Hold and an AUD 3.80 target for Aurizon stock.

Aurizon, AU000000AZJ1, Illustration mit AI erstellt.

Aurizon (ISIN AU000000AZJ1) opened its AUD 60.0 million Kewdale freight terminal in Perth on October 1, 2026, adding capacity for longer interstate trains. As Rail Express reported, the 18.8-hectare site can handle double-stacked trains of up to 1.80 kilometers. Aurizon stock is also covered by an RBC Hold rating with an AUD 3.80 target, according to The Globe and Mail.

Kewdale expands freight capacity

The terminal replaces Aurizon's existing Forrestfield facility for key interstate freight activity and is designed to improve truck access and loading efficiency. Its location in Perth's Kewdale logistics precinct strengthens Aurizon's connection between Western Australia and eastern states.

The project also supports the company's containerized freight strategy. Aurizon says it transports more than 250 million tonnes of Australian commodities each year through its national rail and road network, according to its investor overview.

Fiscal 2026 delivered higher earnings

Kapitales Research reported that Aurizon's fiscal 2026 revenue rose 6.00 percent to AUD 4.194 billion for the year ended June 30, 2026. Underlying EBITDA increased 9.00 percent to AUD 1.724 billion, while statutory net profit after tax rose 19.00 percent to AUD 362.0 million.

The earnings mix points to a broader operating improvement than the terminal investment alone. Underlying EBIT advanced 17.00 percent to AUD 985.0 million, and Bulk division EBITDA increased 38.00 percent in fiscal 2026, while the company declared a full-year dividend of AUD 0.23 per share, up 46.00 percent from fiscal 2025.

ASX value remains inside yearly range

Aurizon was trading at AUD 3.67 on the ASX at 11:51 a.m. AEST on October 2, 2026. The value sits AUD 0.75 below the 52-week high of AUD 4.42 and AUD 0.48 above the low of AUD 3.19, while market capitalization stood at AUD 6.2 billion. Aurizon's prior close at Lang & Schwarz was EUR 2.25 on September 30, 2026.