# The a2 Milk Company Limited (ACOPF)

> Consumer Defensive · NZ · Reports in NZD

Fundamental indicators from Sponda, adjusted for inflation.

[HTML version](https://sponda.capital/en/ACOPF/fundamentals)

## Annual figures

| Year | Revenue (M) | Net Inc. (M) | FCF (M) | Debt (M) | Equity (M) |
| --- | --- | --- | --- | --- | --- |
| 2026 | NZD 1.97B | NZD 216.12M | NZD 59.77M | NZD 24.19M | NZD 1.07B |
| 2025 | NZD 1.90B | NZD 202.89M | NZD 197.51M | NZD 100.74M | NZD 1.45B |
| 2024 | NZD 836.66M | NZD 83.79M | NZD 119.36M | NZD 66.22M | NZD 1.27B |
| 2023 | NZD 1.59B | NZD 155.64M | NZD 101.21M | NZD 101.53M | NZD 1.15B |
| 2022 | NZD 1.44B | NZD 122.62M | NZD 198.86M | NZD 124.35M | NZD 1.18B |
| 2021 | NZD 1.21B | NZD 80.66M | NZD 83.74M | NZD 16.50M | NZD 1.08B |
| 2020 | NZD 1.73B | NZD 388.17M | NZD 421.61M | NZD 16.84M | NZD 1.13B |
| 2019 | NZD 1.30B | NZD 294.53M | NZD 286.42M | N/A | NZD 787.85M |
| 2018 | NZD 922.68M | NZD 195.68M | NZD 228.58M | N/A | NZD 555.71M |
| 2017 | NZD 549.53M | NZD 90.65M | NZD 98.29M | N/A | NZD 241.48M |
| 2016 | NZD 352.78M | NZD 30.44M | NZD 20.58M | N/A | NZD 133.08M |
| 2015 | NZD 155.11M | NZD -2.09M | NZD -9.06M | N/A | NZD 58.63M |
| 2014 | NZD 110.85M | NZD 10.0K | NZD -436.0K | N/A | NZD 58.64M |
| 2013 | NZD 39.19M | NZD 2.13M | NZD -2.21M | N/A | NZD 59.93M |
| 2012 | NZD 26.17M | NZD 1.63M | NZD -2.45M | NZD 4.46M | NZD 37.35M |
| 2011 | NZD 21.10M | NZD 1.06M | NZD -319.2K | NZD 676.9K | NZD 25.18M |
| 2010 | N/A | N/A | N/A | NZD 0 | NZD 7.27M |
| 2008 | NZD 2.51M | NZD -2.85M | NZD -4.21M | NZD 7.92M | NZD -7.62M |
| 2007 | NZD 3.76M | NZD -2.54M | NZD -24.2K | N/A | N/A |
| 2005 | NZD 206.8K | NZD -2.79M | NZD -881.1K | N/A | N/A |
| 2004 | NZD 207.1K | NZD -1.08M | NZD -735.1K | N/A | N/A |

Columns not available in this view: annualPriceMultiples, dividends. They require live market data and are shown on the HTML page instead.

## Leverage and liquidity

| Indicator | Value |
| --- | --- |
| Gross Debt / Eq | 0.02 |
| Liabilities / Eq | 0.83 |
| Current Ratio | 1.61 |

## Debt coverage

| Indicator | Value |
| --- | --- |
| Gross Debt / Earnings | 0.13 |
| Gross Debt / FCF | 0.13 |

## Other views

- [Metrics](https://sponda.capital/en/ACOPF.md)
- [Charts](https://sponda.capital/en/ACOPF/charts.md)
- [Compare](https://sponda.capital/en/ACOPF/compare.md)
- [Indicator definitions](https://sponda.capital/en/screener.md)

Data as of 2026-08-27.