OverviewSuggest Edit

Austal is a shipbuilding company that designs, constructs, and sustains commercial and defense vessels. It provides monohull, catamaran, and trimaran commercial vessel platforms along with a range of patrol and auxiliary vessels for defense forces and government agencies. In addition, the company designs, installs, integrates, and maintains sophisticated communications, radar, command, and control systems. 

TypePublic
Founded1988
HQHenderson, AU
Websiteaustal.com
Employee Ratings3.2

Latest Updates

Employees (est.) (Jun 2020)6,800(+20%)
Job Openings77
Revenue (FY, 2019)$1.9 B(+34%)
Share Price (Sept 2021)$1.7(-3%)
Cybersecurity ratingBMore

Key People/Management at Austal

John Rothwell

John Rothwell

Non Executive Chairman
Paddy Gregg

Paddy Gregg

Chief Executive Officer
Sarah Adam-Gedge

Sarah Adam-Gedge

Independent Non-Executive Director
Chris Indermaur

Chris Indermaur

Independent Non-Executive Director
Giles Everist

Giles Everist

Independent Non-Executive Director
Michael McCormack

Michael McCormack

Independent Non-Executive Director
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Austal Office Locations

Austal has offices in Henderson, East Arm, Portsmith, Mobile and in 5 other locations
Henderson, AU (HQ)
100 Clarence Beach Rd
East Arm, AU
7 Campion Rd
Portsmith, AU
18 Tingira St
Muscat, OM
Mina Al Fahl
Cebu City, PH
Toledo-Tabuelan-San Remigio Road, Lots 1732 & 1731, West Cebu Industrial, Park, Arpili, Balamban
Mobile, AL, US
1 Dunlap Dr
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Austal Financials and Metrics

Austal Revenue

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Austal's revenue was reported to be $1.85 b in FY, 2019 which is a 33.1% increase from the previous period.
AUD

Revenue (H1, 2020)

1.0b

Gross profit (H1, 2020)

109.2m

Gross profit margin (H1, 2020), %

10.5%

Net income (H1, 2020)

40.8m

Market capitalization (9-Sept-2021)

650.8m

Closing stock price (9-Sept-2021)

1.7

Cash (31-Dec-2019)

274.6m

EV

555.8m
Austal's current market capitalization is $650.8 m.
Annual
AUDFY, 2017FY, 2018FY, 2019

Revenue

1.3b1.4b1.9b

Revenue growth, %

6%33%

Cost of goods sold

1.2b1.3b1.7b

Gross profit

117.2m131.8m191.0m
Half Year
AUDH1, 2018H1, 2019H1, 2020

Revenue

653.0m851.5m1.0b

Cost of goods sold

596.7m774.1m929.6m

Gross profit

56.3m77.4m109.2m

Gross profit Margin, %

9%9%11%
Annual
AUDFY, 2017FY, 2018FY, 2019

Cash

150.5m162.0m275.7m

Accounts Receivable

100.4m97.3m225.3m

Prepaid Expenses

6.1m7.6m9.5m

Inventories

170.4m246.5m167.0m
Half Year
AUDH1, 2018H1, 2019H1, 2020

Cash

112.0m233.3m274.6m

Accounts Receivable

98.1m97.9m109.8m

Prepaid Expenses

5.4m9.9m11.1m

Inventories

196.4m173.7m230.4m
Annual
AUDFY, 2017FY, 2018FY, 2019

Net Income

15.4m39.0m61.4m

Depreciation and Amortization

31.5m37.3m42.2m

Inventories

(61.4m)(76.1m)75.6m

Accounts Payable

(81.0m)30.4m16.4m
Half Year
AUDH1, 2018H1, 2019H1, 2020

Net Income

25.6m23.7m40.8m

Cash From Operating Activities

(16.9m)101.9m22.1m

Purchases of PP&E

(4.3m)(19.7m)(9.1m)

Cash From Investing Activities

(6.6m)(19.6m)(9.5m)
AUDFY, 2017

Debt/Equity

0.4 x

Debt/Assets

0.2 x

Financial Leverage

2.1 x
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Austal Operating Metrics

FY, 2017H1, 2018FY, 2018H1, 2019FY, 2019H1, 2020

Order Book

$3 b$3.4 b$3.08 b$5.2 b$4.9 b$4.3 b

Ships Built

656126

Vessels Under Construction

47475841

New Ships Ordered

177113
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Austal Acquisitions / Subsidiaries

Company NameDateDeal Size
ElectraWatchMay 01, 2018$6.75 m
Austal Cyprus Ltd
Austal Egypt LLC
Austal Holdings China Pty Ltd
Austal Holdings Inc
Austal Holdings Vietnam Pty Ltd
Austal Middle East Pty Ltd
Austal Muscat LLC
Austal Philippines Pty Ltd
Austal Service Darwin Pty Ltd
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Austal Revenue Breakdown

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Austal revenue breakdown by business segment: 99.4% from Vessel construction and support and 0.6% from Other

Austal revenue breakdown by geographic segment: 78.9% from USA, 21.1% from Australasia and 0.1% from Other

Human Capital Metrics

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Austal Cybersecurity Score

Cybersecurity ratingPremium dataset

B

83/100

SecurityScorecard logo

Austal Online and Social Media Presence

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Austal News and Updates

Austal Australia delivers 12th guardian class patrol boat

Austal Limited (Austal) (ASX: ASB) is pleased to announce Austal Australia has delivered the 12th Guardian-class Patrol Boat (GCPB) to the Australian Department of Defence

Trinidad and Tobago to partner with Austal in ship-maintenance company

The government is at an advanced stage of discussion with Austal, the Australian shipping company, over a partnership to set up a programme in Chaguaramas aimed at evolving a robust ship maintenance industry

USN turns to Austal USA for later T-ATS vessels

The US Navy (USN) plans to change shipbuilder for its new Navajo-class towing, salvage, and rescue ship (T-ATS) after Gulf Island Shipyards has completed the first five of the eight planned vessels

Austal USA delivers the future USS Savannah (LCS 28)

Austal Limited (ASX:ASB) is pleased to announce that Austal USA has delivered its 14th Independence-class Littoral Combat Ship (LCS) to the U.S. Navy, from the company’s shipyard in Mobile, Alabama

Austal USA awarded contract for concept studies and preliminary design for the U.S. Navy’s light amphibious warship (law) program

Austal Limited (Austal) (ASX: ASB) is pleased to announce Austal USA has been awarded a concept studies and preliminary design contract by the United States Navy (USN) for the Light Amphibious Warship (LAW) program

Austal USA awarded $44m LCS contract modification

Austal Limited (ASX:ASB) is pleased to announce that the United States Department of Defense has awarded Austal USA a modification to a previously awarded Littoral Combat Ship (LCS) program contract. The modification provides Austal with a total potential additional value of US$44,384,296 (approx. A…
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Austal Frequently Asked Questions

  • When was Austal founded?

    Austal was founded in 1988.

  • Who are Austal key executives?

    Austal's key executives are John Rothwell, Paddy Gregg and Sarah Adam-Gedge.

  • How many employees does Austal have?

    Austal has 6,800 employees.

  • What is Austal revenue?

    Latest Austal annual revenue is $1.9 b.

  • What is Austal revenue per employee?

    Latest Austal revenue per employee is $272.4 k.

  • Who are Austal competitors?

    Competitors of Austal include Ultra Electronics Maritime, BAE Systems Australia and Defence Science and Technology.

  • Where is Austal headquarters?

    Austal headquarters is located at 100 Clarence Beach Rd, Henderson.

  • Where are Austal offices?

    Austal has offices in Henderson, East Arm, Portsmith, Mobile and in 5 other locations.

  • How many offices does Austal have?

    Austal has 9 offices.