WHITEHAVEN COAL LIMITED (WHC)
Share Price Analysis and Chart

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WHC

WHC - WHITEHAVEN COAL LIMITED

FNArena Sector : Coal
Year End: June
GICS Industry Group : Energy
Debt/EBITDA: 1.51
Index: ASX100 | ASX200 | ASX300 | ALL-ORDS

Whitehaven Coal is an Australian coal miner with four mines in the Gunnedah region of New South Wales. Three are open cut, with the other underground. The company was listed on the ASX in 2007.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$9.25

05 Feb
2026

-0.310

OPEN

$9.45

-3.24%

HIGH

$9.57

5,746,271

LOW

$9.15

TARGET
$9.129 -1.3% downside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
BCB . BRL . CRN . MMI . NHC . SMR . TER . YAL .
FNARENA'S MARKET CONSENSUS FORECASTS
WHC: 1
Title FY24
Actual		 FY25
Actual		 FY26
Forecast		 FY27
Forecast
EPS (cps) xxx 81.1 22.2 xxx
DPS (cps) xxx 15.0 11.6 xxx
EPS Growth xxx 82.3% - 72.6% xxx
DPS Growth xxx - 25.0% - 22.9% xxx
PE Ratio xxx N/A 39.9 xxx
Dividend Yield xxx N/A 1.3% xxx
Div Pay Ratio(%) xxx 18.5% 52.0% xxx

Dividend yield today if purchased 3 years ago: 1.74%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 1.69

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 03/09 - ex-div 6.00c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx81.1
DPS All xxxxxxxxxxxxxxx15.0
Sales/Revenue xxxxxxxxxxxxxxx5,832.0 M
Book Value Per Share xxxxxxxxxxxxxxx685.3
Net Operating Cash Flow xxxxxxxxxxxxxxx1,105.0 M
Net Profit Margin xxxxxxxxxxxxxxx11.13 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx11.83 %
Return on Invested Capital xxxxxxxxxxxxxxx8.90 %
Return on Assets xxxxxxxxxxxxxxx5.08 %
Return on Equity xxxxxxxxxxxxxxx11.83 %
Return on Total Capital xxxxxxxxxxxxxxx9.44 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx555.0 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 202020212022202320242025
Short-Term Debt xxxxxxxxxxxxxxx159 M
Long Term Debt xxxxxxxxxxxxxxx1,874 M
Total Debt xxxxxxxxxxxxxxx2,033 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx1,206 M
Price To Book Value xxxxxxxxxxxxxxx0.79

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx393.0 M
Capex % of Sales xxxxxxxxxxxxxxx6.74 %
Cost of Goods Sold xxxxxxxxxxxxxxx4,440 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx689 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx84 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

-0.2

No. Of Recommendations

7
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgan Stanley

xx/xx/xxxx

3

xxxxx-xxxxxx

$xx.xx

xx.xx%

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Ord Minnett

xx/xx/xxxx

2

xxxxxxxxxx

$xx.xx

xx.xx%

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Bell Potter

xx/xx/xxxx

5

xxxxxxxxx xx xxxx xxxx xxxx

$xx.xx

xx.xx%

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Morgans

30/01/2026

3

Downgrade to Hold from Accumulate

$9.75

5.41%

Whitehaven Coal delivered a strong December quarter (2Q26) beat on production, materially reducing 2H execution risk and positioning the company to benefit from higher hard-coking coal prices, Morgans highlights.

The broker lifted FY26 ROM production and coal sales forecasts to the upper half of guidance. This drove material upgrades to revenue, EBITDA and net profit forecasts.

Rating downgraded to Hold from Accumulate. Target rises to $9.75 from $7.95.

FORECAST
Morgans forecasts a full year FY26 dividend of 9.00 cents and EPS of 22.00 cents.
Morgans forecasts a full year FY27 dividend of 22.00 cents and EPS of 22.00 cents.

Macquarie

xx/xx/xxxx

3

xxxxxxxxx xx xxxxxxx xxxx xxxxxxxxxx

$xx.xx

xx.xx%

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UBS

xx/xx/xxxx

5

xxxx

$xx.xx

xx.xx%

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Citi

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

0

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY
Access Extra Coverage Research History >

WHC STOCK CHART

FNArena News on WHC

1
Weekly Ratings, Targets, Forecast Changes – 30-01-26

Feb 02 2026 - Weekly Reports
2
Weekly Ratings, Targets, Forecast Changes – 23-01-26

Jan 27 2026 - Weekly Reports
3
Weekly Ratings, Targets, Forecast Changes – 12-12-25

Dec 15 2025 - Weekly Reports
4
Rudi’s View: Copper, Aluminium & Technology (!)

Dec 11 2025 - Rudi's View
5
Rudi’s View: Amcor, Charter Hall, Challenger, Goodman, Woolworths & More

Nov 06 2025 - Rudi's View

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Treasure Chest: Whitehaven Versus Stanmore

May 14 2025 - Treasure Chest
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Rudi’s View: Coal, Copper, Car Group & More

Mar 27 2025 - Rudi's View
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Mar 20 2025 - Commodities
9
Whitehaven Coal: Sales Up, Prices Down

Jan 31 2025 - Commodities
10
Coronado Global Counts On Better Times Ahead

Jan 30 2025 - Commodities