Loading...
WOR logo

Worley LimitedASX:WOR Stock Report

Market Cap AU$6.1b
Share Price
AU$12.74
AU$13.69
6.9% undervalued intrinsic discount
1Y-2.2%
7D4.3%
1D
Portfolio Value
View

Worley Limited

ASX:WOR Stock Report

Market Cap: AU$6.1b

Worley (WOR) Stock Overview

Provides professional services to the energy, chemicals, and resources sectors in the Americas, Europe, the Middle East, Africa, Australia, the Asia Pacific, and China. More details

WOR fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance2/6
Financial Health5/6
Dividends3/6

WOR Community Fair Values

Create Narrative

See what 50 others think this stock is worth. Follow their fair value or set your own to get alerts.

Worley Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Worley
Historical stock prices
Current Share PriceAU$12.74
52 Week HighAU$14.85
52 Week LowAU$9.80
Beta0.36
1 Month Change7.24%
3 Month Change-1.62%
1 Year Change-2.15%
3 Year Change-21.60%
5 Year Change20.64%
Change since IPO649.41%

Recent News & Updates

Narrative Update May 21

WOR: Extended Buyback And Upbeat Outlook Will Support Future Earnings Quality

Analysts now see Worley’s fair value at A$13.69, only slightly above the prior A$13.64. This reflects updated views on discount rates, revenue growth, profit margins and future P/E after recent downgrades and lower price targets from Seaport Research, RBC Capital and Jefferies.
Narrative Update Apr 28

WOR: Extended Buyback And Margin Resilience Will Support Future Earnings Quality

Narrative Update on Worley The analyst price target for Worley has been reduced from about A$14.52 to A$13.64, with analysts pointing to weaker underlying results, higher restructure costs and slightly lower assumptions for growth, margins and future P/E multiples as key drivers of the change. Analyst Commentary Recent research views on Worley have shifted more cautiously, with price targets reduced and ratings pulled back after the latest results and guidance.
Narrative Update Apr 12

WOR: Extended Buyback And Underlying Margin Strength Will Support Future Earnings Quality

Analysts have reduced their price targets on Worley, with cuts from A$18 to A$13 and a move to A$12.37. These changes reflect concerns about higher restructure costs and a weaker underlying result, despite headline beats.

Recent updates

Narrative Update May 21

WOR: Extended Buyback And Upbeat Outlook Will Support Future Earnings Quality

Analysts now see Worley’s fair value at A$13.69, only slightly above the prior A$13.64. This reflects updated views on discount rates, revenue growth, profit margins and future P/E after recent downgrades and lower price targets from Seaport Research, RBC Capital and Jefferies.
Narrative Update Apr 28

WOR: Extended Buyback And Margin Resilience Will Support Future Earnings Quality

Narrative Update on Worley The analyst price target for Worley has been reduced from about A$14.52 to A$13.64, with analysts pointing to weaker underlying results, higher restructure costs and slightly lower assumptions for growth, margins and future P/E multiples as key drivers of the change. Analyst Commentary Recent research views on Worley have shifted more cautiously, with price targets reduced and ratings pulled back after the latest results and guidance.
Narrative Update Apr 12

WOR: Extended Buyback And Underlying Margin Strength Will Support Future Earnings Quality

Analysts have reduced their price targets on Worley, with cuts from A$18 to A$13 and a move to A$12.37. These changes reflect concerns about higher restructure costs and a weaker underlying result, despite headline beats.
Narrative Update Mar 28

WOR: Extended Buyback And Restructuring Progress Will Support Future Earnings Quality

Analysts have trimmed their average price target for Worley by A$5. This reflects recent downgrades to Sector Perform and Hold that point to concerns around restructuring costs and a weaker underlying result, even though previously reported headline metrics came in ahead of some estimates.
Narrative Update Mar 13

WOR: Extended Buyback And FY2026 Guidance Will Support Earnings Quality Reassessment

Narrative update on Worley Analysts have reduced their price targets on Worley, with our updated fair value estimate moving from A$16.35 to A$14.52. This reflects recent downgrades that highlight higher restructure costs and concerns around a weaker underlying result despite headline beats.
Narrative Update Feb 26

WOR: Extended Buyback And FY2026 Guidance Will Support A More Positive Outlook

Analysts have marginally adjusted their price target for Worley to A$16.35 from A$16.44, reflecting updated views on fair value, discount rate, and future P/E assumptions. What's in the News Worley has changed the terms of its share buyback plan, extending the program duration to March 12, 2027.
New Narrative Feb 18

Energy Transition Backlog Will Support Steady Margins And Justify A Stable Outlook

Catalysts About Worley Worley provides engineering, procurement, construction and related professional services across energy, chemicals and resources projects globally. What are the underlying business or industry changes driving this perspective?
Narrative Update Feb 12

WOR: FY2026 Guidance Will Set Up A More Supportive Outlook

Analysts have trimmed their price target for Worley slightly to A$16.44 from A$16.44, reflecting modest tweaks to the discount rate, revenue growth, profit margin and forward P/E assumptions while keeping their overall view broadly unchanged. What's in the News Worley Limited issued earnings guidance for full year 2026, giving investors a time frame to watch for the next major update on the business (Key Developments).
New Narrative Feb 03

Data Center Power And Energy Transition Work Will Drive A Stronger Future For This Business

Catalysts About Worley Worley provides engineering, procurement and construction related services across energy, chemicals and resources projects globally. What are the underlying business or industry changes driving this perspective?
Narrative Update Jan 29

WOR: FY2026 Guidance Will Support A More Positive Outlook

Analysts have nudged their price target for Worley slightly lower, from A$16.51 to A$16.44. This reflects modest adjustments to the discount rate and expected future P/E multiple, while revenue growth and profit margin assumptions are broadly unchanged.
Narrative Update Jan 15

WOR: Updated FY2026 Guidance Will Support A More Positive Outlook

Analysts have reduced their price target for Worley to A$16.51 from A$17.01, citing updated assumptions for revenue growth, profit margins, the discount rate and future P/E multiples. What's in the News Worley issued new earnings guidance for the full year 2026, giving investors an updated view on expected performance.
Analysis Article Dec 13

Is Worley (ASX:WOR) A Risky Investment?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Nov 21

Is Worley Limited (ASX:WOR) Trading At A 24% Discount?

Key Insights Worley's estimated fair value is AU$17.29 based on 2 Stage Free Cash Flow to Equity Worley is estimated to...
Analysis Article Nov 03

Here's What To Make Of Worley's (ASX:WOR) Decelerating Rates Of Return

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article Oct 04

Should You Be Adding Worley (ASX:WOR) To Your Watchlist Today?

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Sep 15

Worley Limited's (ASX:WOR) Shares Not Telling The Full Story

With a price-to-earnings (or "P/E") ratio of 17.9x Worley Limited ( ASX:WOR ) may be sending bullish signals at the...
Analysis Article Aug 29

Worley (ASX:WOR) Has Affirmed Its Dividend Of A$0.25

Worley Limited ( ASX:WOR ) will pay a dividend of A$0.25 on the 1st of October. Based on this payment, the dividend...
Analysis Article Aug 02

Worley (ASX:WOR) Is Looking To Continue Growing Its Returns On Capital

There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'll want to see a...
Analysis Article Jun 10

Worley Limited (ASX:WOR) Shares Could Be 49% Below Their Intrinsic Value Estimate

Key Insights Using the 2 Stage Free Cash Flow to Equity, Worley fair value estimate is AU$25.73 Worley's AU$13.08 share...
Analysis Article May 13

Worley Limited's (ASX:WOR) P/E Still Appears To Be Reasonable

With a median price-to-earnings (or "P/E") ratio of close to 18x in Australia, you could be forgiven for feeling...
Analysis Article Mar 26

We Think Worley (ASX:WOR) Can Stay On Top Of Its Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Mar 13

Worley (ASX:WOR) Is Experiencing Growth In Returns On Capital

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...
Analysis Article Mar 01

Worley Limited Just Beat Revenue By 12%: Here's What Analysts Think Will Happen Next

Investors in Worley Limited ( ASX:WOR ) had a good week, as its shares rose 6.8% to close at AU$15.22 following the...
Analysis Article Feb 27

Is Worley Limited (ASX:WOR) Trading At A 44% Discount?

Key Insights Using the 2 Stage Free Cash Flow to Equity, Worley fair value estimate is AU$27.53 Worley's AU$15.55 share...
User avatar
New Narrative Feb 09

Investing In Digital, AI, And Sustainability Projects Will Improve Efficiency And Seize Energy Transition Opportunities

Worley prioritizes high-margin services and sustainable projects, aiming for substantial EBITDA growth through enhanced revenue and net margins.
Analysis Article Feb 01

What Is Worley Limited's (ASX:WOR) Share Price Doing?

Worley Limited ( ASX:WOR ), might not be a large cap stock, but it saw significant share price movement during recent...
Analysis Article Jan 18

Is Now The Time To Put Worley (ASX:WOR) On Your Watchlist?

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Dec 20

Worley Limited (ASX:WOR) Not Flying Under The Radar

It's not a stretch to say that Worley Limited's ( ASX:WOR ) price-to-sales (or "P/S") ratio of 0.6x seems quite...
Analysis Article Dec 03

Worley (ASX:WOR) Is Experiencing Growth In Returns On Capital

What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...
Analysis Article Oct 27

Here's Why Worley (ASX:WOR) Can Manage Its Debt Responsibly

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Oct 14

Here's Why We Think Worley (ASX:WOR) Might Deserve Your Attention Today

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Sep 15

What Does Worley Limited's (ASX:WOR) Share Price Indicate?

Worley Limited ( ASX:WOR ), might not be a large cap stock, but it received a lot of attention from a substantial price...
Analysis Article Aug 28

Returns At Worley (ASX:WOR) Are On The Way Up

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...
Analysis Article Aug 15

Getting In Cheap On Worley Limited (ASX:WOR) Might Be Difficult

With a median price-to-sales (or "P/S") ratio of close to 0.6x in the Construction industry in Australia, you could be...
Analysis Article Jun 07

Estimating The Intrinsic Value Of Worley Limited (ASX:WOR)

Key Insights Worley's estimated fair value is AU$16.35 based on 2 Stage Free Cash Flow to Equity With AU$14.49 share...
Analysis Article Apr 30

Worley (ASX:WOR) Is Experiencing Growth In Returns On Capital

To find a multi-bagger stock, what are the underlying trends we should look for in a business? One common approach is...
Analysis Article Mar 18

These 4 Measures Indicate That Worley (ASX:WOR) Is Using Debt Reasonably Well

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Mar 01

Are Investors Undervaluing Worley Limited (ASX:WOR) By 21%?

Key Insights Using the 2 Stage Free Cash Flow to Equity, Worley fair value estimate is AU$21.25 Worley is estimated to...
Analysis Article Feb 10

At AU$15.62, Is Worley Limited (ASX:WOR) Worth Looking At Closely?

While Worley Limited ( ASX:WOR ) might not have the largest market cap around , it saw significant share price movement...
Analysis Article Dec 19

Revenues Tell The Story For Worley Limited (ASX:WOR)

It's not a stretch to say that Worley Limited's ( ASX:WOR ) price-to-sales (or "P/S") ratio of 0.8x right now seems...
Analysis Article Dec 03

Worley (ASX:WOR) Seems To Use Debt Quite Sensibly

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Nov 18

Calculating The Intrinsic Value Of Worley Limited (ASX:WOR)

Key Insights Worley's estimated fair value is AU$18.38 based on 2 Stage Free Cash Flow to Equity Worley's AU$17.15...
Analysis Article Nov 03

At AU$16.70, Is It Time To Put Worley Limited (ASX:WOR) On Your Watch List?

Worley Limited ( ASX:WOR ), might not be a large cap stock, but it maintained its current share price over the past...
Analysis Article Aug 28

Worley (ASX:WOR) Has Announced A Dividend Of A$0.25

The board of Worley Limited ( ASX:WOR ) has announced that it will pay a dividend on the 27th of September, with...
Analysis Article Aug 23

Worley (ASX:WOR) Seems To Use Debt Quite Sensibly

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Aug 07

Calculating The Fair Value Of Worley Limited (ASX:WOR)

Key Insights Using the 2 Stage Free Cash Flow to Equity, Worley fair value estimate is AU$19.72 Worley's AU$17.09 share...
Analysis Article Jul 16

Is It Too Late To Consider Buying Worley Limited (ASX:WOR)?

Worley Limited ( ASX:WOR ), is not the largest company out there, but it saw a double-digit share price rise of over...
Analysis Article May 08

Worley Limited (ASX:WOR) Shares Could Be 23% Below Their Intrinsic Value Estimate

Key Insights Worley's estimated fair value is AU$20.72 based on 2 Stage Free Cash Flow to Equity Current share price of...
Analysis Article Apr 17

Is It Time To Consider Buying Worley Limited (ASX:WOR)?

Worley Limited ( ASX:WOR ), might not be a large cap stock, but it saw a double-digit share price rise of over 10% in...
Analysis Article Mar 23

Worley (ASX:WOR) Seems To Use Debt Quite Sensibly

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Shareholder Returns

WORAU ConstructionAU Market
7D4.3%-1.0%0.08%
1Y-2.2%43.7%3.1%

Return vs Industry: WOR underperformed the Australian Construction industry which returned 43.7% over the past year.

Return vs Market: WOR underperformed the Australian Market which returned 3.1% over the past year.

Price Volatility

Is WOR's price volatile compared to industry and market?
WOR volatility
WOR Average Weekly Movement5.3%
Construction Industry Average Movement6.6%
Market Average Movement10.4%
10% most volatile stocks in AU Market17.6%
10% least volatile stocks in AU Market4.3%

Stable Share Price: WOR has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: WOR's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
197138,224Chris Ashtonwww.worley.com

Worley Limited provides professional services to the energy, chemicals, and resources sectors in the Americas, Europe, the Middle East, Africa, Australia, the Asia Pacific, and China. The company offers project delivery services, such as engineering, procurement and supply chain management, construction and fabrication, and installation and commissioning; asset performance services comprising operations and maintenance, and workflow optimization; and specialist and technology solutions. It also provides professional and consulting services comprising planning and investment, capital project support, digital solutions, and environment and sustainability consulting, as well as optimize, repurpose, and decommissioning.

Worley Limited Fundamentals Summary

How do Worley's earnings and revenue compare to its market cap?
WOR fundamental statistics
Market capAU$6.11b
Earnings (TTM)AU$345.00m
Revenue (TTM)AU$11.14b
18.1x
P/E Ratio
0.6x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WOR income statement (TTM)
RevenueAU$11.14b
Cost of RevenueAU$10.34b
Gross ProfitAU$806.00m
Other ExpensesAU$461.00m
EarningsAU$345.00m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

Aug 26, 2026

Earnings per share (EPS)0.70
Gross Margin7.23%
Net Profit Margin3.10%
Debt/Equity Ratio42.6%

How did WOR perform over the long term?

See historical performance and comparison

Dividends

3.9%
Current Dividend Yield
75%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/25 16:06
End of Day Share Price 2026/05/25 00:00
Earnings2025/12/31
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Worley Limited is covered by 24 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Megan Kirby-LewisBarrenjoey Markets Pty Limited
Shaurya VisenBofA Global Research
Cameron NeedhamBofA Global Research