Challenger Ratios and Metrics

Market cap in millions AUD. Fiscal year is July - June.

Millions AUD. Fiscal year is Jul - Jun.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2016 - 2020
Period Ending	Sep '25 Sep 25, 2025	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021	2016 - 2020
Debt / Equity Ratio	2.14	2.14	1.83	1.60	1.55	1.76	Upgrade
Debt / EBITDA Ratio	6.24	6.24	5.77	5.33	-	6.14	Upgrade
Debt / FCF Ratio	20.70	20.70	6.79	4.89	2.49	2.63	Upgrade
Quick Ratio	2.68	2.68	2.71	1.79	1.70	1.45	Upgrade
Current Ratio	2.75	2.75	2.76	1.87	1.78	1.55	Upgrade
Asset Turnover	0.09	0.09	0.09	0.09	-	0.11	Upgrade
Return on Equity (ROE)	4.96%	4.96%	3.45%	4.54%	6.77%	16.74%	Upgrade
Return on Assets (ROA)	2.39%	2.39%	2.37%	2.40%	-0.71%	2.33%	Upgrade
Return on Capital (ROIC)	7.07%	7.07%	7.21%	7.16%	-2.05%	6.13%	Upgrade
Payout Ratio	99.48%	99.48%	115.01%	71.47%	52.70%	10.80%	Upgrade
Buyback Yield / Dilution	0.53%	0.53%	-0.52%	19.98%	5.08%	-50.86%	Upgrade

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.