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Medibank Private Limited (ASX:MPL)

ALERT: Price-sensitive ASX Announcement for MPL
Current share price for MPL : $4.710 -0.08 (-1.67%)+
Announcement
Release
19 Feb 2026 7:39AM
Price at Release
$4.790
Full Release
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Summary
Medibank Private Limited reported its 2026 half-year results showing strong growth driven by customer engagement. The company achieved a 6.0% increase in group operating profit to $381.7 million, with health insurance operating profit rising by 3.5% and Medibank Health segment profit increasing by 28.5%. The company saw a net resident policyholder growth of 38,300, marking a 1.9% increase over the last 12 months, while non-resident policy units also rose slightly. Despite facing cost-of-living challenges, Medibank enhanced customer value through its Members’ Choice and Live Better programs, which saved customers over $107 million. Medibank also focused on strategic investments, including the acquisition of Better Medical, enhancing its primary care network. The interim ordinary dividend was set at 8.3 cents per share, up 6.4% from the previous year, representing a 76.8% payout ratio of underlying NPAT. The company continues to emphasize investments in preventative and primary care to address Australia's high preventable hospital admissions.
Key Points
  • Group operating profit increased by 6.0% to $381.7 million.
  • Health insurance operating profit rose by 3.5%.
  • Medibank Health segment profit increased by 28.5%.
  • Net resident policyholder growth of 1.9% over the last 12 months.
  • Achieved savings of over $107 million through Members’ Choice and Live Better programs.
  • Acquired Better Medical to expand the primary care network.
  • Interim ordinary dividend set at 8.3 cents per share, up 6.4%.
  • Continued focus on preventative and primary care to reduce hospital admissions.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.